Einhorn’s Greenlight Lost 2.5% in January as Stocks Dropped
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Greenlight Capital, the $11.8 billion investment firm led by billionaire David Einhorn, fell 2.5 percent in its main hedge fund in January, according to an e-mail sent to investors that was obtained by Bloomberg News.
The fund declined as the Standard & Poor’s 500 Index dropped 3.1 percent last month, the biggest drop for the period in a year, amid concerns that slower overseas growth, the plunge in crude oil and a stronger dollar could hurt the American economy.