Bruce Kovner
Bruce Kovner is a legendary trader, hedge fund manager and philanthropist for more than three decades. He is the Founder and Chairman of CAM Capital, which manages his personal investment and business portfolios, and Founder of The Kovner Foundation, where he supports excellence in the arts and education, private enterprise, individual rights, and democratic principles. Kovner is best known as the Founder and Chairman of Caxton Associates, a global macro hedge fund, and for being the second trader to be interviewed in Jack Schwager’s Market Wizard series. He is one of the most influential voices on Wall Street, renowned for his disciplined trading philosophy centered on risk management, deep market analysis, and strategic decision making. He is also credited with pioneering the global macro trading approach, which involves making investment decisions based on macroeconomic trends across various asset classes and regions.
Bruce Kovner Professional Experience / Academic History
Professional Experience
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Founder and Chairman
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Founder, Chairman, and CEO
Academic History
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B.A., Art History
CURRENT AFFILIATIONS
Vice Chairman, Lincoln Center for the Performing Arts
Board Member, Metropolitan Opera
Founder, The Kovner Foundation
Kovner was the Founder and Chairman of Caxton Associates, a global macro hedge fund that would go on to become one of the most successful and influential in the industry.
Under his leadership, the firm achieved remarkable performance, consistently delivering impressive returns for its investors.
Caxton became one of the world’s largest and most successful macro hedge funds, with $12 billion in assets, and with an average net annual return of over 21%.
He stepped down as CEO of Caxton in 2011 and was succeeded by Andrew Law.
PHILANTHROPY
For more than two decades, Kovner has been devoted to improving education to the underserved populations of New York and the nation.
He has also supported charter schools and charter networks extensively over the years.
He contributed to organizations like the Institute for Justice, the Innocence Project, Centurion Ministries, and Lambda Legal.
His commitment to music and arts organizations began in the mid-1990s, when he joined the board of the Juilliard School.