Einhorn's Greenlight Capital Offshore Bucks Trend In May, Gains 0.3%

Jun 1 2010 | 3:49pm ET

Early estimates show that David Einhorn's Greenlight Capital Offshore hedge fund not only held steady in May, but managed to return 0.3% net of fees and expenses during the month—which was one that saw many of Einhorn's peers suffer.

David EinhornDavid EinhornThe May gains bring Greenlight Capital Offshore up 0.9% year-to-date, according to an investor letter obtained by Wall Street Tabloid Dealbreaker.

Also in May, Greenlight Capital added a gold share class to its flagship hedge fund. The New York-based firm raised $131.1 million in a private offering of limited partnerships in the new share class. Most of that money went into the onshore Greenlight Capital (Gold), which attracted 29 investors, while Greenlight Capital Offshore (Gold) took in $2.6 million from four investors, according to regulatory filings.


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Moore Capital PM Fired After Raucous Hamptons Party

Jul 7 2016 | 10:47pm ET

A portfolio manager for Louis Bacon’s $15 billion hedge fund Moore Capital Management...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...