DISCOVERY CAPITAL MANAGEMENT, LLC other names

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Adviser Profile

As of Date:

03/28/2024

Adviser Type:

- Large advisory firm

Number of Employees:

35

of those in investment advisory functions:

18

Registration:

SEC, Approved, 3/30/2012

AUM:

2,551,384,557 1.31%

of that, discretionary:

2,551,384,557 1.31%

Private Fund GAV:

2,551,384,557 -31.17%

Avg Account Size:

150,081,445 19.19%

SMA’s:

NO

Private Funds:

17 3

Contact Info

203 xxxxxxx

Client Types:

+

Advisory Activities:

+

Compensation Arrangments:

+

Reported AUM

Discretionary
Non-discretionary
33B 28B 24B 19B 14B 9B 5B
2015 2016 2017 2018 2019 2020 2021 2022 2023

Recent News

Citrone’s Top 5 Stock Picks
03/09/2024

In this article, we discuss Citrone’s top 5 stock picks. To read the detailed analysis of Citrone’s hedge fund, go directly to Citrone’s Top 15 Stock Picks. 5. iShares MSCI Australia ETF (NYSEARCA:EWA) Discovery Capital Management’s Equity Stake: $31.6M Discovery Capital increased its hold in iShares MSCI Australia ETF by 1900% in during the last […]

Insider Monkey

Discovery Capital's macro hedge fund up 48% in 2023 - HedgeCo.Net
01/04/2024

(Hedgeweek) Discovery Capital Management, the hedge fund firm led by 'Tiger cub' Rob Citrone, recorded a 48% return with its macro hedge fund in ...

hedgeco.net

Discovery Capital’s macro hedge fund up 48% in 2023
01/03/2024

Discovery Capital Management, the hedge fund firm led by 'Tiger cub' Rob Citrone, recorded a 48% return with its macro hedge fund in 2023, making it one of the top performers among funds betting on economic trends, according to a report by Bloomberg.

Hedge Week

How one hedge fund crushed the market to return 48% in 2023 - Yahoo Finance Canada
01/03/2024

The volatile $1.5 billion fund staged a huge comeback after losing 29% in 2022. Discovery Capital Management's macro hedge fund, led by "Tiger cub" ...

Yahoo Finance

Rob Citrone's Discovery Capital Crushes Market With 48% Fund Return - Markets Insider
01/02/2024

Discovery Capital Management's macro hedge fund, led by "Tiger cub" Rob Citrone, saw a stunning 48% return in 2023, Bloomberg reported on Tuesday.

markets.businessinsider.com

Bloomberg Asia on X: "Discovery Capital's macro hedge fund surged 48% last year, becoming one ...
01/02/2024

Discovery Capital's macro hedge fund surged 48% last year, becoming one of the best performing money pools in a challenging period for peers ...

mobile.twitter.com


Private Funds Structure

Fund Type Count GAV
Hedge Fund 7 $2,187,463,178
Private Equity Fund 10 $363,921,379

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Private Funds



Employees




Brochure Summary

Overview

S-1 Discovery is a Connecticut limited liability company with its principal place of business in South Norwalk, Connecticut. Discovery was formed in April 1999 and commenced operations as an investment adviser in August 1999. Robert K. Citrone is the principal owner of Discovery Capital Management Holding Co., L.P., which is the sole owner and managing member of Discovery. Discovery provides investment management services to its clients, which are generally pooled investment funds (the “Funds”), and Mr. Citrone is the primary portfolio manager for the Funds. Discovery provides discretionary investment advisory services to Funds intended for sophisticated investors and institutional investors. The general investment program of these Funds is to make investments in equities, currencies (including digital currencies), credit, rates and commodities across emerging and developed markets. Discovery specializes in multi-asset class investing across global financial markets and uses a combination of “Global Macro” and “Equity Long-Short” strategies to identify investment opportunities. Discovery utilizes (i) fundamental, top-down
global macro analysis, including political and policy risk assessment, to identify opportunities in countries and asset classes, and (ii) fundamental, bottom-up research for industry, company, and security selection. The Funds are generally open-end and offer different combinations of concentrations, liquidity, leverage, and strategy overweighting based on the specific investment objectives and strategies of the Fund as described in the relevant Fund Documentation. Each Fund may impose restrictions on investing in certain securities or certain types of securities, consistent with such Fund’s investment strategy, policies or restricted list. Discovery manages various closed-end private equity funds which invest in late stage growth equity with a focus on technology companies. The portfolio companies are illiquid, private companies that Discovery has identified in connection with its investments analysis described above. Discovery does not participate in any wrap fee programs. As of December 31, 2023, Discovery had approximately $ 2,551,384,557 regulatory assets under management on a discretionary basis.