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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.

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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