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

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...