Andrew Law (financier)

For other people named Andrew Law, see Andrew Law.
Andrew Law
Born Cheadle Hulme, Manchester, England
Education Cheadle Hulme High School
Sheffield University
Occupation Financier
Spouse(s) Zoe Law

Andrew Law is a British financier and philanthropist. He serves as the Chairman and Chief Executive Officer of Caxton Associates, a hedge fund headquartered on Berkeley Square in London.

Early life

Andrew Law was born and raised in Cheadle Hulme near Manchester, England.[1][2] His father was a mechanical engineer and his mother was a nurse.[1] He was educated at Cheadle Hulme High School.[1] He graduated from the University of Sheffield in Sheffield, South Yorkshire, with a First Class honours degree in Economics in 1987.[3][4][5]

Career

He started his career in finance at County NatWest, now known as NatWest.[1][3] He then worked as a trader at the Chemical Bank.[1][3][5] In 1996, he joined Goldman Sachs, later becoming a Managing Director, where he oversaw FICC.[3][5]

He started working at Caxton Associates in London in 2003.[3][5] In 2008, he became its Chief Investment Officer.[3][4][6] Since 2012, he has served as its Chairman and Chief Executive Officer.[4][5][6]

Political affiliations

Between May 2010 and January 2015, he donated £947,911 to the Conservative Party, making him its 11th biggest donor in this period.[7]

Philanthropy

He co-chairs the Law Family Charitable Foundation with his wife.[3] They support many non-profit organizations, including the Policy Exchange, a think tank based in Westminster.[3] In 2014, they donated £1 million to The Lowry in Salford, where the spaces inside the Main Gallery were renamed The Andrew and Zoë Law Galleries.[8][9]

Law is the Chairman of the Board of Trustees of Speakers for Schools, which invites public speakers to state schools in the UK.[3] He spoke at the Trinity C.E. High School in Manchester.[1] He also serves on the Board of Trustees of Social Finance.[3] Additionally, he is a patron of the Hotcourses Foundation, which helps vulnerable schoolchildren in Kenya.[10]

In an op ed published in The Huffington Post in 2014, he called for hedge fund managers to be more philanthropic.[11]

Personal life

He is married to Zoe Law, a make-up artist who has worked for the British singer Dido.[3][9] He is a millionaire.[1] He is a supporter of the football team, Manchester City F.C..[1] He owns "Manchester City vs Sheffield United", a 1938 painting by L. S. Lowry.[1]

References

  1. 1 2 3 4 5 6 7 8 9 Andrew Cave, Outspoken hedge fund boss who made the journey from city to city, The Daily Telegraph, 26 May 2013
  2. ↑ Speakers for Schools: Andrew Law
  3. 1 2 3 4 5 6 7 8 9 10 11 Law Family Charitable Foundation
  4. 1 2 3 Social Finance: Board
  5. 1 2 3 4 5 Andrew E. Law, CNBC
  6. 1 2 Sam Jones, Quiet Caxton chief refuses to shout about $1bn gain, The Financial Times, October 20, 2013
  7. ↑ Elizabeth Rigby, Gavin Jackson, George Parker, 'Tories double number of big City donors in five years: Miliband attacks 'party of Mayfair hedge funds and Monaco tax avoiders',' The Financial Times, 5 February 2015, p. 1, http://www.ft.com/cms/s/0/11306cd0-ac94-11e4-beeb-00144feab7de.html#axzz3wTjPW2T4
  8. ↑ Shelina Begum, Businessman Andrew Law and wife Zoë donate £1m to The Lowry, Manchester Evening News, 2 July 2014
  9. 1 2 The Lowry announces largest ever private donation and achieves £5m capital funding target, The Lowry, 1 July 2014
  10. ↑ Hotcourses Foundation: Patrons
  11. ↑ Andrew Law, The Hedge Fund Formula For Philanthropy, The Huffington Post, January 23, 2014
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