May
31
Einhorn’s Main Greenlight Capital Hedge Fund Loses 1.9% in May
ByGreenlight Capital, the investment firm led by David Einhorn, lost 1.9 percent in its main hedge fund in May even as stocks climbed.
The decline reduced the fund’s return in 2016 to 1.1 percent, according to an e-mail sent to clients that was obtained by Bloomberg. The S&P 500 Index, including reinvested dividends, returned 3.6 percent in the first five months of the year.
Jonathan Gasthalter, an external spokesman for the New York-based firm, didn’t immediately respond to a request for comment after regular business hours…
Einhorn’s Main Greenlight Capital Hedge Fund Loses 1.9% in May