Billionaire hedge fund manager David Einhorn reported his worst year ever last year. Greenlight Capital's main fund lost 9% in December, bringing its decline for 2018 to 34%. However, the fund manager's fortunes have improved this year.
Q1 hedge fund letters, conference, scoops etc
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According to Greenlight's figures, for the year to the end of April 2019, Greenlight Capital's main fund is up 18.7% net of all fees and expenses, erasing a large chunk of last year's declines.
A particularly strong April performance boosted the firm's returns....
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