David Einhorn’s long/ short Greenlight Capital was not the only place of pain for the famed investor in Q1. Einhorn’s fund of funds got killed during the first quarter, just as many funds did. Einhorn’s Greenlight Masters fund was down 17.9% for the quarter. The fund of funds lost 3.5% in January, 3.4% in February and 11.9% in March during the steep selloff. According to the fund’s tear sheet, which was reviewed by ValueWalk, Einhorn’s Masters QP and funds were exposed 116% long and -57% short for a gross exposure of 173% and net exposure of 59%. Thirteen percent of…
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