Jonathan Auerbach’s Hound Partners is back in the black, but it’s not exactly a comeback to celebrate in grand fashion.
Although the Tiger Seed enjoyed a strong May, Auerbach continues to muddle along for about three and a half years now.
Hound Partners Offshore Fund, the firm’s long-short fund, posted a 4 percent gain in May, boosting its overall gain for the year to 2.3
