Andrew Law (financier)


Andrew Eric Law is a British financier, hedge fund manager 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 Eric Law was born in June 1966, and raised in Cheadle Hulme near Stockport, England. His father was a mechanical engineer and his mother was a nurse. He was educated at Cheadle Hulme High School. He graduated from the University of Sheffield in Sheffield, South Yorkshire, with a First Class honours degree in Economics in 1987.

Career

He started his career in finance at County NatWest, now known as NatWest. He then worked as a trader at the Chemical Bank. In 1996, he joined Goldman Sachs, later becoming a managing director, where he oversaw FICC.

Caxton Associates

He started working at Caxton Associates in London in 2003. In 2008, he became its Chief Investment Officer. Since 2012, he has served as its chairman and chief executive officer. Law is the company's main shareholder.
In 2017, Caxton Associates made £7.3 million profit, down from £95.8 million in 2016.

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. In May 2017, he gave £250,000 to the Conservative Party.
During the 2019 United Kingdom general election campaign Law donated £413,750 to the Conservative Party.

Philanthropy

He co-chairs the Law Family Charitable Foundation with his wife. They support many non-profit organisations, including the Policy Exchange, a think tank based in Westminster. 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.
Law is the chairman of the board of Trustees of Speakers for Schools, which invites public speakers to state schools in the UK. He spoke at the Trinity C.E. High School in Manchester. He also serves on the Board of Trustees of Social Finance. Additionally, he is a patron of the Hotcourses Foundation, which helps vulnerable schoolchildren in Kenya.
In an op ed published in The Huffington Post in 2014, he called for hedge fund managers to be more philanthropic.

Personal life

He is married to Zoë Law, a photographer whose portfolio includes the recent exhibition LIFE, which features portraits of 21 people who have cancer. The exhibition, which was displayed at The Lowry in Salford Quays in 2019, was set up to raise awareness of the cancer support provided by the Maggie's Centres. Zoë Law was previously a make-up artist whose clients included the British singer Dido.
According to The Sunday Times Rich List in 2020, Law is worth £550 million.
He is a supporter of the football team, Manchester City F.C.. He owns "Manchester City vs Sheffield United", a 1938 painting by L. S. Lowry.