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Jason Karp’s Tourbillon Capital is Latest ‘SAC Pack’ Member to Shut Down

At least five funds with ties to Steven Cohen’s SAC Capital Advisors have closed down in the past two years.

When Jason Karp’s Tourbillon Capital Partners told clients on Monday that it is shutting down its Tourbillon Global Master Fund after six years, it not only marked the latest multi-billion dollar hedge fund firm to shut down.It is also at least the fifth fund with roots in Steven Cohen’s SAC

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