Einhorn’s Greenlight Falls 5.3% as August Rout Deepens Slide

Greenlight Capital, the investment firm led by David Einhorn, fell 5.3 percent in its main hedge fund in August as volatility in oil and Chinese stocks rattled markets.

The loss, disclosed in an e-mail to investors that was obtained by Bloomberg, exacerbated one of the worst years on record for Einhorn, whose fund is down 14 percent in 2015. The turmoil also hit fellow money manager Dan Loeb, whose main fund at Third Point erased gains for the year.