Hedge Funds

Hedge fund Discovery Capital extends year-to-date returns to almost 18%

The Discovery Global Opportunity fund rose 4.2% last month

Rob Citrone’s hedge fund has notched up gains of 17.5% so far this year
Rob Citrone’s hedge fund has notched up gains of 17.5% so far this year Photo: Patrick McMullan via Getty Images

Rob Citrone’s macro hedge fund Discovery Capital Management has extended its double-digit returns this year, helped by a performance bump during July.

The Discovery Global Opportunity fund has gained 17.5% this year through 31 July, recording a 4.2% return last month, according to people familiar with the matter.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump