Reuters
Greenlight Capital founder David Einhorn at the Sohn Investment Conference in New York City, May 8th, 2017
David Einhorn's bad start to 2018 keeps getting worse.
The Greenlight Capital (Gold), L.P. - Dollar fund, which roughly tracks the firm's flagship fund, dropped 5.7% in February, bringing year-to-date losses to 11.4%, according to a Greenlight client update seen by Business Insider that estimates the returns.
By comparison, the S&P 500 gained 0.67% over the same period, according to $4.
Greenlight had already gotten off to a rough start to the year, with $4 The firm's flagship fund returned 1.6% last year after fees, compared with a 21.8% gain in the S&P 500, $4.
Einhorn said on a conference call last week that $4
A Greenlight spokesman didn't immediately respond to a request for comment.
Greenlight managed $7 billion as of mid-year 2017, per the Absolute Return Billion Dollar Club ranking.