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Viking Global Hits Rough Seas

The firm’s star hybrid fund is the latest public-private portfolio to report a sharp loss in the first quarter.

What a difference half a year makes.Viking Global Opportunities, Viking Global Investors’ top hedge fund for the past few years, was down more than 18 percent in the first quarter, according to an investor. It is the latest hybrid fund to post a large loss for the three-month period.D1 Capital

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