David Einhorn’s Greenlight Capital LP Quick to Let Clients Know of Industry Leading Gains

September 6th, 2012
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Greenlight Capital LP was quick to boast of its 4.2 percent August gain to clients, especially against a backdrop of a underperformance as indicated the Bank of America Merrill Lynch hedge funds index which gained just 0.17 percent.

As reported by Reuters, Greenlight Captial LP fund manager, David Einhorn benefited from the robust gains of some of his top positions, such as Conventry Health Care (28 percent), Apple (9 percent), Seagate Technology (4 percent) and General Motors (6 percent). Greenlight Capital LP’s year-to-date gain of 10.9 percent still trails the S&P 500 index gain of 11.8 percent, but, given the performance of hedge funds over the last couple of years, David Einhort’s clients must be very pleased to receive this news.
For Detailed Investor Profiles on these Investors, click below:
Greenlight Capital
Related People: Bruce Gutkin; David Einhorn; Harry Brandler; James Lin; Jeffrey A. Keswin*; Nelson Heumann; Vinit Sethi
Related Entities: DME Advisors LP; Greenlight Capital Inc; Greenlight Masters LLC; Greenlight Private Equity Partners
Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News

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