Greenlight Posts Big January Loss

Several sizable losing positions on both the long and short sides led to losses last month at the hedge fund headed by David Einhorn.

David Einhorn (Alex Flynn/Bloomberg)

David Einhorn

(Alex Flynn/Bloomberg)

David Einhorn’s Greenlight Capital got off to a disastrous start to the new year.

The value-driven, long-short hedge fund suffered a 7.6 percent loss in January, according to a person familiar with the results.

The big decline follows the firm’s roughly 10 percent loss in the fourth quarter of 2019.

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