Einhorn’s FOF Re-positions Portfolio, Makes New Seed Investment In Year Marked By “Speculative Exuberance”

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Michelle deBoer-Jones
Published on
Updated on

It has not just been rough year for David Einhorn’s own fund. Einhorn’s Greenlight Masters fund of hedge funds was down 3% net for the first half of 2020, matching the S&P 500’s return for those six months. In his August letter to investors, which was reviewed by ValueWalk, the Greenlight Masters team noted that the fund’s managers navigated one of the most difficult market and economic environments of their lifetimes.

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Difficult six months

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.