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Greenlight, Third Point, Pershing Square All Down In June

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HFA Staff
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Monthly returns for June are out for Greenlight Capital Re, Pershing Square and Third Point Re. Both investment funds had a shaky run in the last month of the second quarter. Greenlight Capital is now down 3.2% for the year whereas Third Point is up 4.9%, and Pershing is up 4.6% in the first half of 2015.

Greenlight

Greenlight Capital down 4.4% in June

According to returns that were updated on the fund's website, David Einhorn's reinvestment vehicle took in a loss of 4.4% in the month of June. The poor performance in the previous month has pushed Greenlight's total return for the first half in the negative territory.

Greenlight's top holding, Apple...

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.