Discovery Merges Three Hedge Funds

The remaining fund — Discovery Global Opportunity — was solidly back in the black after the second quarter.

Qilai Shen/Bloomberg

Qilai Shen/Bloomberg

Discovery Capital Management has consolidated its three core hedge funds into one.

The macro specialist headed by Tiger Cub Robert Citrone on July 1 shut down its Discovery Global Macro and Discovery Global Focus funds, moving all of that capital to its largest fund, Discovery Global Opportunity.


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