Greenlight Masters Returns 9.4% As Einhorn’s Flagship Fund Lags [Exclusive]

David Einhorn might have struggled to pick profitable investments for his flagship hedge fund, Greenlight Capital, over the past couple of years, but he has had more success in picking other managers.

Q4 2021 hedge fund letters, conferences and more

According to a recent marketing presentation from Greenlight Masters, the fund of hedge funds managed by Einhorn, the strategy produced a net return for investors of 9.4% last year.

According to a copy of the presentation, which ValueWalk has been able to review, Greenlight Capital (12% of assets under management) contributed 1.6% to the strategy's return last year while other managers added 11.6%. Direct investments detracted -1.6% and...