Hound Partners Is Back in the Doghouse

After a respectable 2019, the Tiger Seed is in the red this year.

 Wayfair became Hound Partners third-largest long position in June. (Michael Nagle/Bloomberg)

Wayfair became Hound Partners third-largest long position in June.

(Michael Nagle/Bloomberg)

Hound Partners, a long-short equity firm that got its start with seed money from Tiger Management founder Julian Robertson Jr., is having a rough year — at the same time that many other funds with ties to Robertson have generated gains north of 30 percent, according to investors.

The

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