co-founded long/short equity fund Hound Partners with Scott McLellan in 2004, seeded by Tiger Management
. Jonathan Auerbach had been a senior analyst at Ziff Brothers Investments before joining Tiger Management in 2004, when he was put in charge of a new umbrella fund, which became Hound Partners. Auerbach lured Scott McLellan to Tiger to help him run the fund. Prior to that, McLellan worked at Highbridge Capital
. In 2007, Scott McLellan left to form Marble Arch Partners
with Timothy Jenkins, who had spent three years working at Tiger Management. Jonathan Auerbach's Hound Partners gained around 16 percent in 2013.