Andrew Law (financier)

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

He is in the top 20 biggest donors to the Conservative Party.[7] Indeed, he has donated GBP947,911 to the party.[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. ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 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. ↑ 3.0 3.1 3.2 3.3 3.4 3.5 3.6 3.7 3.8 3.9 3.10 Law Family Charitable Foundation
  4. ↑ 4.0 4.1 4.2 Social Finance: Board
  5. ↑ 5.0 5.1 5.2 5.3 5.4 Andrew E. Law, CNBC
  6. ↑ 6.0 6.1 Sam Jones, Quiet Caxton chief refuses to shout about $1bn gain, The Financial Times, October 20, 2013
  7. ↑ 7.0 7.1 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
  8. ↑ Shelina Begum, Businessman Andrew Law and wife Zoë donate £1m to The Lowry, Manchester Evening News, 2 July 2014
  9. ↑ 9.0 9.1 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