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JUL 01, 2013 - Business Insider

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David Einhorn's Gold Fund Is Taking A Serious Beating

NEW YORK (Reuters) - Investors in David Einhorn's Greenlight Capital Management's offshore gold fund were down 11.8 percent in June, bringing their year-to-date losses in the fund to 20 percent, two sources close to the matter said on Sunday. Einhorn, one of the most widely followed hedge fund managers and known for warning about Lehman Brothers' precarious finances before it collapsed, has also seen his flagship $8 billion Greenlight Capital fund under recent pressure though it is still up for the year. In June, Greenlight's flagship portfolio was down 1.1 percent but still up net 7.4 ... Read More

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