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Discovery Suffers Sharp Setback in June

The macro, long-short equity firm headed by Tiger Cub Robert Citrone was hoping to build on its massive May gains.

  • By Steve Taub

So much for Discovery Capital Management’s big recovery.The firm's Discovery Global Macro Fund posted a 3.6 percent loss in June, bringing it down 1.88 percent for the year, according to a person with knowledge of the firm’s performance. The macro hedge fund firm's Discovery Global Opportunities lost 3.44 percent last month

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