Greenlight Sees Small Loss in June, Jana Off a Bit More

(Reuters) David Einhorn and Barry Rosenstein, two closely watched hedge fund managers ended June with losses, suffering some fallout from the markets sharp drop after Britain voted to leave the European Union a week ago.

Einhorn’s Greenlight Capital told investors on Thursday that its fund slipped 0.3 percent in June, leaving it up 0.8 percent for the first six months of 2016, a person familiar with the numbers said. The small loss suggests that the New York-based manager sidestepped some of the worst losses that investors are bracing to see when European managers begin reporting their numbers.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply