Greenlight Capital
Greenlight Capital is a hedge fund company that invests primarily in publicly traded corporate debt offerings and equities in North America. It thrived in its early days by identifying weak financial firms for short selling, making significant gains for its investors. Greenlight had generated greater than a 25% percent annualized net return for its investors, but recent lackluster results have brought this to under 15%.
- Assets under management: $1.6 billion (as of March 30, 2020)
- Most notable for its short-selling of Lehman stock prior to Lehman Brothers' collapse in 2008
- Received $11 million fine in January 2012 for insider trading in the United Kingdom
- Value investing fund