Sunday, 29 November 2015
Last updated 1 day ago
Jan 5 2010 | 2:38pm ET
The average hedge fund posted positive returns in December. Greenlight Capital did not, but David Einhorn is hardly sweating.
The New York-based firm’s Offshore fund fell an estimated 0.1% last month, Dealbreaker.com reports. But the fund rose 30.6% on the year, erasing 2008’s losses and surpassing its high-water mark.
Greenlight Capital lost 23% in 2008.
Greenlight Capital invests primarily in publicly traded North American corporate debt offerings and equities. Founded in 1996, the $6 billion Greenlight Capital also manages a fund of funds and a private equity fund through its affiliates, Greenlight Masters and Greenlight Private Equity Partners. It also operates Greenlight Capital Re, a property/casualty reinsurer.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…