It carries news on the latest launches, while its events are the best industry gatherings for this sector’s key decision maker. 500 Park AvenueNew York, NY 10022Tel +1 212 593 7700 Contact Details Address:500 Park AvenueNew York, NY 10022United States Phone/Fax:Phone: 212-891-100Fax: [3][4] The firm's headquarters are located in London,[5] and also has offices in New York, Sydney, Australia and Princeton, New Jersey. Hedge fund firm Caxton Associates said it plans to cut the fees it charges investors following a period of lower returns for the industry, a letter to investors seen by Reuters showed. [9] The fund then opened and closed intermittently, and most recently reopened to new investors in August 2013. [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. Registration provides investors with full access to our website including performance information and fund reporting. Caxton International Limited is a hedge fund operated by Caxton Associates Lp and has approximately $11.1 billion in assets. The new hedge fund will focus on high yield and will be managed by Darryl Green and Geoffrey Sherry. [6], Outspoken hedge fund boss who made the journey from city to city, "Hedge fund Caxton moves headquarters from New York to London", "Caxton's Bruce Kovner to Step Down After 28 Years With Law to Become CEO", "Quiet Caxton Chief Refuses to Shout About $1bn Gain", "Caxton reopens hedge fund to new investors", Caxton-Iseman Capital Announces Spin-Off From Caxton Associates, "Soros, Paulson Post Biggest Returns Since Inception", "Hedge Funds: Who Is The Best Of The Best? Caxton Associates is a hedge fund based in Princeton, NJ. Caxton International Limited is one of the larger private funds with 11.1 billion in assets. [8] The firm manages $3.7 billion in assets. Most significantly, Sushil Wadhwani, one of the UK’s best economists, ended his partnership with the hedge fund late last year. Contact Us. Caxton Associates is a global macro hedge fund founded by Bruce Kovner in 1983 in New York City. When that decision has been made, this webpage will be updated accordingly. Hedge fund firm Caxton Associates said it plans to cut the fees it charges investors following a period of lower returns for the industry, a letter to investors seen by Reuters showed. 16 to No. Other hedge fund managers, such as George Soros and Stanley Druckenmiller, have simply shut down their funds to outsiders and transformed them into family offices. If 2017 was a terrible year for hedge fund Caxton Associates in Europe, 2018 was far, far worse. In addition, Caxton is the sole shareholder of Caxton Europe Asset Management Limited (“CEAM”), a limited company formed under the laws of the United Kingdom. Caxton has also lost some employees recently. [5], Caxton Associates is a global macro hedge fund and has made more than $13bn for its clients - according to LCH Investments - this is roughly 14 per cent annually, with half the volatility of the S&P 500. Andrew E. Law is the Chairman and Chief Executive Officer. [7] Law joined the London office in 2003 from Goldman Sachs, where he was Managing Director and head of FICC proprietary trading in London. Caxton has offices in New York, London, Princeton NJ and Singapore. Office 5, Level 148 Marina ViewAsia Square Tower 1 #14-05Singapore 018960Tel +65 6513 8508Tel +44 207 647 0770 Caxton Associates specializes in Global Macro and was founded in 1983. Caxton Associates, the macro hedge fund which moved its headquarters from New York to London's Mayfair in July 2019, has poached Eleanor Franchitti, one of London's top hedge fund investor relations and business development professionals. Bruce Kovner's Hedge Fund Caxton Associates Interestingly enough, we see that Caxton Associates has helped executives at the firm raise $500 million to launch new Lucidus Capital Partners. Bruce Stanley Kovner (born 1945) is an American investor, hedge fund manager, and philanthropist. Caxton Associates, one of the world’s oldest and best-known hedge funds, plans to shut its flagship fund to new money after a record year of gains during the coronavirus crisis. [11], On December 21, 2007, Caxton-Iseman Capital, a joint investment partnership Caxton Associates and Frederick Iseman announced that it had completed its spin-off from Caxton Associates. Caxton started out in 2002 as an ambitious FX startup determined to make things simpler and more transparent for the customer. Caxton is a limited partnership formed under the laws of the State of Delaware and is registered with the U.S. Securities and Exchange Commission as an investment adviser under the Investment Advisers Act of 1940. [13] As reported the fund saw client redemptions totalling 27% of assets under management through 2008–2009—while returning 13% for the year. [17] In July 2019 it was reported its London office was now its headquarters. The London-based firm, founded by legendary US billionaire Bruce Kovner […] Contact Info. Caxton returned 20 percent of its investors' money in Caxton Global Investments at year-end, reducing the firm's single-manager hedge fund capital from $11.5 billion to $9.5 billion. The firm's headquarters are located in London, and also has offices in New York, Sydney, Australia and Princeton, New Jersey. 6 percent of the fund is owned by fund of funds. The top performing hedge fund of 2018 was Odey Asset Management's European fund.