Discovery Capital Management, led by Robert Citrone, achieved a remarkable 14.75 percent rise in November, bringing its year-to-date gain to 46.97 percent. This follows an impressive 48.4 percent increase last year, positioning the firm among the top performers in the hedge fund sector over the past two years.
The Haidar Jupiter Fund reported a 10.81% loss in October, bringing its year-to-date decline to 29.39%, trailing the S&P 500 by about 50 percentage points. This follows a staggering 43.4% drop in 2023, marking a significant downturn after a nearly 193% surge in 2022. The fund, led by Said Haidar, has faced losses in 14 of the past 22 months, primarily driven by challenges in fixed income and commodities, despite equities providing some profit.
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