Hitless Greenlight Posts ‘Nondescript’ First Quarter

Apr 26 2010 | 11:26am ET

New York-based Greenlight Capital compared its first quarter to a “comfortable 0-for-4” for a baseball player, with its three hedge funds posting distinctly lackluster returns. The firm’s eponymous flagship was up 0.4% on the quarter, while its other two funds, Qualified and Offshore, fell slightly, dropping 0.5% and 1.3%, respectively, while the average hedge fund returned about 3% on the quarter.


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