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Einhorn’s Main Hedge Fund Rises 2% in 2017 With December Advance

 

The primary hedge fund at David Einhorn &#x 2019; s Greenlight Capital returned 1.1 percent in December as equities rallied.

The gain improved the fund &#x 2019; s go back to 2 percent for 2017, inning accordance with an e-mail to customers that was seen by Bloomberg News. The fund, which mainly makes wagers on stocks, had a hard time to benefit in a year where the S&P 500 Index returned more than 20 percent, consisting of reinvested dividends. The HFRX Global Hedge Fund Index increased 0.7 percent in December through Thursday.

Jonathan Gasthalter, an external representative for the New York-based fund, decreased to comment.

    Read more: http://www.bloomberg.com/news/articles/2017-12-29/einhorn-s-main-hedge-fund-rises-2-in-2017-with-december-advance

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