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Hound Partners Assets Shrink

Investors who pulled assets from Hound in 2018 missed double-digit gains in its long-short fund in the first quarter.

Investors are apparently losing patience with Hound Partners.The firm's total assets under management dropped to about $3 billion at the end of 2018, according to its latest ADV regulatory filing. That's down 35 percent from the $4.6 billion Hound reported a year earlier in a letter to clients, for the

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