Einhorn’s Greenlight Hedge Funds Lose 5% in June, Extending Drop

  • Funds post decline of almost 21% in the year’s first half
  • Stock-picker is striving to rebound from slump in recent years

David Einhorn 

Photographer: Kholood Eid/Bloomberg
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David Einhorn’s hedge funds fell 5% in June as value stocks lagged growth shares in the month.

The drop extends Greenlight Capital’s loss for the year to 20.7%, according to an investor update on Tuesday viewed by Bloomberg.