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With March Surge, Greenlight Is Back in the Game

The value-driven hedge fund’s largest long positions brought Greenlight back from a steep loss in January.

Greenlight Capital is almost back in the black.The value-driven hedge fund headed by David Einhorn posted a strong 9.5 percent gain in its main fund in March. As a result, the fund was down just 0.1 percent for the first quarter, according to a person who has seen the results.The

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