(HedgeCo.Net) David Einhorn’s Greenlight Capital is moving to close its hedge fund to new investments effective July 1, 2026, a capacity decision that arrives at a moment when allocator interest in hedge funds is rising again—but conviction about public-market valuations is becoming more fragile. The closure, disclosed in Greenlight’s fourth-quarter investor letter dated January 20, 2026, requires prospective investors to signal intent by May 1.
On the surface, the move reads like a familiar...
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