DISCOVERY CAPITAL MANAGEMENT, LLC

Thesis

They manage pooled investment vehicles for sophisticated and institutional investors. Their investment thesis involves a multi-asset class strategy across global financial markets, utilizing both Global Macro and Equity Long-Short approaches. This combines top-down global macro analysis, including political and policy risk assessment, with bottom-up fundamental research for industry, company, and security selection. The firm aims to identify and capitalize on macroeconomic trends across diverse asset classes, generating returns through long and short positions in public securities. Additionally, they manage closed-end private equity funds focused on late-stage growth equity in technology companies. The firm's geographic scope is global, encompassing both emerging and developed markets. Discovery Capital Management is known for its flexible allocation framework and ability to quickly adjust to market conditions. As of December 31, 2025, they reported approximately $6.75 billion in regulatory assets under management. Information regarding typical check sizes per investment deal is not publicly available.