 Born in New Jersey, Einhorn graduated from Cornell University, before starting Greelight 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 has decreased from approximately US$12 billion in 2014 to about $5.5 billion as reported in July 2018 as the fund is down 11.3% from 2014 through the end of 2017, and a further 34% in 2018.