Einhorn's Greenlight Fund Surges 19% This Year With April Gain
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Greenlight Capital, the hedge fund firm led by David Einhorn, returned 6.6 percent in April, rebounding from its loss in March.
Greenlight’s main fund, which suffered its worst year on record in 2018 with a 34 percent drop, is now up almost 19 percent in 2019, according to an investor letter seen by Bloomberg. The fund’s long positions in AerCap Holdings NV, Brighthouse Financial Inc., General Motors Co., Green Brick Partners Inc. and Deutsche Pfandbriefbank AG supported first-quarter gains, according to an earlier letter to shareholders obtained by Bloomberg.