Net Worth $5 Billion
Founder, Caxton Associates LP
Source Of Wealth hedge funds, Self Made
Self-Made Score 9
Residence New York, NY
Citizenship United States
Marital Status Married
Education Bachelor of Arts / Science, Harvard University; Drop Out, Harvard University
The Brooklyn-born Kovner retired in 2011 from running his macro hedge fund firm, Caxton Associates, to manage his own
money. He retains an ownership stake in the firm, which he founded in 1983. Most major macro hedge funds struggled in
2014 and Caxton Associates was no exception. Its main hedge fund lost 1.3% in 2014. A noted devotee of the arts, Kovner
serves as chairman of the Juilliard School, the performing arts conservatory to which he also donated $20 million in 2012.
Kovner also serves as a director for the Metropolitan Opera. He is a former chairman of the American Enterprise Institute, a
conservative think tank.