Greenlight Capital: Platform Profile

Overview

Greenlight Capital is the investment brand founded by David Einhorn in 1996 and associated with a research-intensive, value-oriented investment process. The current Greenlight website identifies DME Capital Management, LP d/b/a Greenlight Capital as part of the adviser structure serving Greenlight investors.

The most important 2026 issue is legal-entity continuity: the old investment-adviser registration for Greenlight Capital, Inc. terminated in 2024. The current canonical manager review should not use that terminated adviser registration as though it were still active.

May fit better for

• qualified investors seeking fundamental value-oriented hedge-fund exposure;
• allocators comfortable with concentrated long and short positions;
• investors willing to tolerate periods when value-oriented positions diverge from broad indexes;
• investors able to evaluate private pooled-fund terms and subscription documents.

May fit less well for

• retail users seeking public self-service fund access;
• investors seeking index-like diversification;
• users who treat a 13F as the complete long/short portfolio;
• investors who expect one publicly stated managerwide minimum or fee schedule.

Current adviser is DME Capital Management, LP

Current legal/regulatory state:

• Canonical brand: Greenlight Capital
• Current legal adviser: DME Capital Management, LP
• Current CRD: 157081
• Current SEC number: 801-72946
• Current SEC registered investment adviser: Yes

Greenlight's website disclaimer identifies:

• Current adviser dba: DME Capital Management, LP d/b/a Greenlight Capital

The old Greenlight Capital, Inc. registration is terminated

Current IAPD history:

• Legacy adviser name: Greenlight Capital, Inc.
• Legacy CRD: 157083
• Legacy registration terminated: 2024-03-19

Current regulatory AUM is $4.799B

Current May 1, 2026 Form ADV disclosures show:

• Regulatory AUM: $4.799B
• Regulatory AUM as of: 2026-05-01
• Discretionary AUM: $4.799B
• Client accounts: 8

Private-fund gross assets are larger than RAUM

Current Form-ADV-derived research reports:

• Private fund count: 7
• Private fund gross assets: $8.1B
• Private fund gross assets as of: 2026-05-01

Master-feeder structures and gross-asset reporting can produce private-fund totals above adviser RAUM.

Q2 2026 13F value is $3.909B

Current DME Capital Management filing:

• Q2 2026 13F value: $3.909B
• Q2 2026 13F as of: 2026-06-30
• Q2 2026 13F holding count: 46

A Greenlight long/short portfolio can include shorts, derivatives, cash, bonds and other exposures that a 13F does not show.

Current strategy identity remains value oriented and fundamental

Current/recent Greenlight-affiliated materials support:

• Fundamental research: Yes
• Value oriented: Yes
• Long short capability: Yes
• Company specific analysis: Yes
• Research driven: Yes

The investment process evaluates business fundamentals, strategy and prospects to identify securities believed to be mispriced.

A security can remain mispriced or become more mispriced.

Greenlight Capital LP remains a private offering

Current Form D-derived record:

• Greenlight Capital LP latest Form d date: 2026-02-26
• Greenlight Capital LP total amount sold: $2.055B
• Offering amount: Indefinite

Cumulative amount sold since an offering began is not current fund NAV.

Access requires authorization and subscription documentation

Greenlight's current website disclaimer refers to authorized users and separate written subscription agreements.

• Authorized investor access: Yes
• Written subscription agreement: Yes
• Public self service retail signup: No

Assessment

The stale-data risk in Greenlight is the adviser name, not the brand.

The canonical public name remains Greenlight Capital, but the active adviser record for this review is DME Capital Management, LP, not the terminated Greenlight Capital, Inc. adviser registration.