Allied Capital subpoenaed in Greenlight pretexting case

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The United States Attorney's Office for the District of Columbia has launched an investigation to determine whether private detectives employed by Allied Capital, a business development company, used unlawful tactics to spy on hedge fund manager David Einhorn as well as his firm, $4.7 billion Greenlight Capital Management.

Allied received a subpoena in late December to produce documents that could help federal prosecutors diagram its relationship with the detectives and learn how much the Washington, D.C.-based company knew about their methods.

Greenlight and Allied have long had a tempestuous relationship. Einhorn has criticized Allied publicly on numerous occasions and