David Einhorn (hedge fund manager)
David M. Einhorn (born November 20, 1968) is an American investor, hedge fund manager, and amateur poker player. He is the founder and president of Greenlight Capital, a "long-short value-oriented hedge fund".
David Einhorn | |
---|---|
Born | November 20, 1968 |
Nationality | American |
Alma mater | Cornell University |
Occupation(s) | Investor, hedge fund manager |
Known for | Founding and leading Greenlight Capital |
Spouse |
Cheryl Strauss
(m. 1993; div. 2017) |
Children | 3 |
Born in New Jersey, Einhorn graduated from Cornell University, before starting Greenlight Capital in 1996. Over the next decade, the fund experienced annualized returns of 26%, far better than the market. Greenlight Capital's assets under management decreased from approximately US$12 billion in 2014 to about $5.5 billion as reported in July 2018 as the fund was down 11.3% from 2014 through the end of 2017, and a further 34% in 2018. He has received extensive coverage in the financial press for his fund's performance, his investing strategy and his positions.
Einhorn was included in Time magazine's Time 100 list of "100 most influential people in the world" in 2013. According to Investopedia, his net worth was around US$1.5 billion in June 2019.