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Lone Pine Gets Its Groove Back

The firm, headed by Tiger Cub Stephen Mandel Jr., has put last year’s lackluster performance behind it and is turning in solid gains this year.

Stephen Mandel Jr.’s Lone Pine Capital continues to rebound from its disappointing year in 2014, thanks to savvy bets on stocks that are profiting from two major trends, the firm said in a letter to investors. Last year Tiger Cub Mandel’s flagship long-short hedge fund, Lone Cypress, posted a paltry 0.2

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