Greenlight Killed It in December

David Einhorn’s long-short fund still lagged the market for the year, even though eight of its nine largest U.S. longs posted huge gains.

Alex Flynn/Bloomberg

Alex Flynn/Bloomberg

Greenlight Capital posted a very large gain in December.

Even so, the value-driven hedge fund headed by David Einhorn once again greatly lagged the overall market for the full year. Greenlight surged 9.5 percent last month and 11.9 percent for all of 2021, according to a person who has seen the results.

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