Hedge fund Soroban is shutting its master fund and returning $4.1 billion in capital

Soroban Capital, founded by Eric Mandelblatt and Gaurav Kapadia, is returning $4.1 billion from its master fund, according to a client letter seen by Business Insider.
Kapadia is also leaving to form a family office.
Soroban Capital is returning $4.1 billion from its master fund, according to a client letter dated May 7 seen by Business Insider.
New York-based Soroban is reorganizing to focus on its Soroban Opportunities Fund, founder Eric Mandelblatt said in the letter.
Earlier this year, Sorob