Greenlight Capital’s Value-Driven Fund Bucks the Downward Trend

Greenlight said at year-end “... we don’t think accepting a lot of market exposure makes sense.” Now the fund is beating indexes by a double-digit rate.

Five colorful balloons in a row at beach against blue sky

the_burtons/Getty Images

The stock market may have suffered its worst quarter since 2022. But Greenlight Capital is providing some relief to investors.

After gaining 2.9 percent in March, the value-driven hedge fund headed by David Einhorn was up 8.2 percent for the first three months of the year.

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.

Related