Greenlight Masters, the fund of funds operated by David Einhorn's Greenlight Capital, is enjoying booming returns from one of the funds it seeded earlier this year. EcoR1 Capital is a biotechnology-focused fund that has gained a brilliant 62.2% YTD through November, according to data from Simone Foxman of Bloomberg News.
Greenlight Masters gains from EcoR1 investment
Greenlight Masters had invested in EcoR1 at the beginning of this year. In the first half Masters' investment in EcoR1 was up by 13.3%, making it the FoF's third best performer for the period. The fund currently manages $206 million.
The long-biased biotech fund was launched by...
