Wednesday, 3 June 2015
Last updated 13 hours ago
Dec 2 2013 | 7:10am ET
Third Point and Greenlight Capital continued their strong runs in 2013 with impressive November gains.
The New York-based firms returned 2.7% and 4.7%, respectively, on the month. Greenlight is now up 19.1% on the year, The New York Times reports, while Third Point's Partners fund is up 23.2%.
Third Point's more highly-levered Ultra Fund is up 33.4% on the year after a 3.6% return in November.
Greenlight and the Ultra Fund both topped the Standard & Poor's 500 Index's 2.8% return last month. Of the three hedge funds, only Ultra has had a better year than the broad-market benchmark, which is up 26.6% in 2013.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…