Greenlight Hits a Bump but Remains in the Black for the Year

Hurt by its shorts, David Einhorn’s hedge fund firm still has a long way to make up for a disastrous 2015.

David Einhorn’s Greenlight Capital suffered a slight setback in August after enjoying a very strong July.

With four months left in 2016, there is a lot riding on Greenlight’s ability to sharply turn things around after losing 20 percent last year. Otherwise, it could face a rash of redemptions, as many struggling hedge fund firms can already attest to.

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