Einhorn's Greenlight Hedge Fund Down 12% After February Loss
- Value-oriented stock picker’s main fund fell 6.2% in month
- Manager has said ‘a reversion may finally be coming soon’
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David Einhorn’s main hedge fund at Greenlight Capital fell 6.2 percent in February, extending losses to 12.3 percent this year, according to a client update seen by Bloomberg.
The S&P 500 Index lost 3.7 percent in February including reinvested dividends, paring this year’s gains to 1.8 percent. The HFRX Global Hedge Fund Index, an early indicator of hedge fund performance, dropped 2 percent in the latest month and is up 0.4 percent this year.