Greenlight Adds 4.3% In Q3

Oct 16 2013 | 1:59pm ET

Greenlight Capital surged into double-digits in the third quarter, turning a profit on just about every long bet in its book.

The New York-based hedge fund told clients it earned 4.3% in the third quarter and that it is up 11.8% on the year. "Virtually every long position" Greenlight holds was profitable on the quarter, it said.

The firm also said it had added to its short bet against Green Mountain Coffee Roasters and a "medium-sized" long position in Osram Licht.

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...