Einhorn's Greenlight Hedge Fund Posts Best First Half Since 2009
- Main fund rose 1.3% in June, lifting its 2019 return to 18%
- Value investor has streamlined portfolio after brutal slump
David Einhorn
Photographer: Alex Flynn/BloombergThis article is for subscribers only.
Hedge fund manager David Einhorn is having a happy 2019 after suffering his worst year ever.
The main fund at Einhorn’s Greenlight Capital gained 1.3% this month and is up 18% for the year, according to an investor update seen by Bloomberg. His value-investing strategy is having its best start to a year since 2009, client documents show. The fund plunged 34% in 2018.