Soroban Shuts $4 Billion Hedge Fund to Concentrate PortfolioBy
Mandelblatt’s firm will oversee about $6 billion after shift
- Gaurav Kapadia, Soroban’s co-founder, leaves to run own money
Eric Mandelblatt, who co-founded Soroban Capital Partners eight years ago, is closing his oldest fund to focus on a more concentrated portfolio of stocks, cutting assets under management by almost half.
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