Falcon Edge is on a Tear

The Tiger Grandcub is now one of the top-performing hedge funds this year.

(Michael Nagle/Bloomberg)

(Michael Nagle/Bloomberg)

Well, that didn’t take long.

After Tiger Management descendant Falcon Edge Capital Management heavily revamped its U.S. long portfolio in the first quarter, the hedge fund posted two double-digit monthly gains in a row, according to its first-quarter letter, dated June 3 and obtained by Institutional Investor.

The

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