Lone Pine Capital achieved a 43% return in the first half of the year through both long and short strategies.
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Its short investment portfolio was a significant contributor to returns, helping the hedge fund outperform its main long-only fund, Lone Cascade (which rose 38% over the same period). Almost all of Lone Pine Capital's returns came from trading in listed companies, with private equity investments accounting for less than 15% of its hedge fund portfolio.
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