Jason Karp’s Tourbillon Shorting the “Valeant of Aerospace”

March 27, 2017   Stephen Taub

The long-short manager, which recently exited a high-profile short, has set its sights on TransDigm Group, a defense contractor that has enjoyed strong support from the Tiger crowd.

Jason Karp’s Tourbillon Capital Partners recently covered its big short position on Mannkind Corp., the embattled biotechnology firm that specializes in therapeutic products for diabetes. According to an investor in the firm’s flagship long-short equity hedge fund, the fund bailed …


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