Caxton Associates

Caxton Associates
IndustryInvestment management
Founded1983
Headquarters
Area served
Worldwide
Key people
Andrew Law (CEO & Chairman)
ProductsHedge funds
AUM$12 billion (2021) [2]
Number of employees
350 (2021)[2]
Websitewww.caxton.com

Caxton Associates is a global macro hedge fund founded by Bruce Kovner in 1983 in New York City.[3][4] The firm's headquarters are located in London,[5] and also has offices in New York, Singapore, Monaco and Dubai. Caxton Associates identifies investments according to their research of global markets and analysis of worldwide economic trends.[6]

Caxton Associates went through a major generational transition in 2008 when Bruce Kovner stepped back from trading and appointed Andrew Law as Chief Investment Officer.[7] In 2011, Law was appointed as the Chairman, CEO and controlling general partner of Caxton Associates, following the retirement of Kovner.[8] The firm manages $12 billion in assets.[2]

  1. ^ Andrew Cave, Outspoken hedge fund boss who made the journey from city to city, The Daily Telegraph, 26 May 2013
  2. ^ a b c "CB Insights: Caxton Associates".
  3. ^ Thomasson, Lynn (February 22, 2010). "Bacon Bullish on Oil, Tepper on Airlines Signal Gains". Bloomberg.
  4. ^ Mackintosh, James (September 10, 2010). "Hedge fund stars shine above the crowd". Financial Times. Retrieved August 13, 2011.
  5. ^ Fletcher, Laurence (July 25, 2019). "Hedge fund Caxton moves headquarters from New York to London". Financial Times. Retrieved July 28, 2019.
  6. ^ Zuckerman, Gregory (August 11, 2011). "As Stocks Slide, Investors Scramble". Wall Street Journal.
  7. ^ "Caxton's Bruce Kovner to Step Down After 28 Years With Law to Become CEO". Bloomberg News. Retrieved February 14, 2014.
  8. ^ "Quiet Caxton Chief Refuses to Shout About $1bn Gain". Financial Times. October 20, 2013. Retrieved February 13, 2014.