Greg Coffey
| Greg Coffey | |
|---|---|
| Born | 25 April 1971 Sydney, Australia |
| Alma mater | Macquarie University |
| Occupation | Hedge fund manager |
| Net worth |  $743 million (Business Review Weekly)[1] |
Greg Coffey is an Australian hedge fund manager based in London.
Contents |
[edit] Early life and education
Coffey graduated in actuarial studies from Macquarie University.[citation needed]
[edit] Career
Coffey joined Macquarie Bank in 1993 and in 1994 traded emerging-market equity derivatives at Bankers Trust and Deutsche Bank AG.[2] Coffey was hired by Blueborder Partners, a George Soros related hedge fund and hired by Bank Austria to oversee global equity proprietary trading.
Coffey was a widely acclaimed trader at GLG Partners (GLG) who then announced his plan to leave behind his $200m GLG Partners compensation package for other endeavors. Industry sources estimated that Coffey was responsible for two-thirds of GLG's performance fees during his time there.[3][4] In November 2008, Coffey left GLG to become co-chief investment officer of Moore Europe Capital Management, a subsidiary of Moore Capital Management. [5][6][7] [8]
[edit] Personal life
Coffey is estimated to have earned £170m in the previous year after increasing by 51% the value of his emerging markets fund.[9]
In November 2010 Coffey bought Ardfin, a 12,000-acre sporting estate on the island of Jura in Scotland.[10][11]
[edit] References
- ^ "Youngest billionaire Nathan Tinkler leads the charge on the BRW rich list". Business Review Weekly (Sydney, Australia). 22 September 2011. http://www.news.com.au/business/youngest-billionaire-nathan-tinkler-leads-the-charge-on-the-brw-rich-list/story-e6frfm1i-1226143236861. Retrieved 22 Sep 2011.
- ^ Walsh, Kate (27 April 2008). "Greg Coffey wizard of Oz". The Times (London).
- ^ Molony, James (22 April 2008). "Greg Coffey to step down from UK hedge fund GLG Partners in October". Forbes. http://www.forbes.com/afxnewslimited/feeds/afx/2008/04/22/afx4918762.html.
- ^ Sibun, Jonathan (6 August 2008). "GLG Partners posts 64pc less as star Greg Coffey eyes London". The Telegraph. http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/2794421/GLG-Partners-posts-64pc-less-as-star-Greg-Coffey-eyes-London.html.
- ^ "Star hedge fund manager Coffey joins Moore Capital". Reuters. 3 November 2008. http://www.reuters.com/article/hedgeFundsNews/idUSLNE4A202G20081103.
- ^ "A Bright Spot in Tough Times". The New York Times. 4 November 2008. http://www.nytimes.com/2008/11/04/business/economy/04views.html. Retrieved 4 May 2010.
- ^ FT.com / Financials - Coffey hedges to join Bacon
- ^ Greg Coffey hires spin doctors to handle PR
- ^ Bowers, Simon (3 October 2008). "Andrew Baker: Soft seller defends the 'spivs and speculators'". The Guardian (London). http://www.guardian.co.uk/business/2008/oct/03/banking.marketturmoil.
- ^ Wilson, Peter (16 April 2011). "Aussie stars shine in funds revival". http://www.theaustralian.com.au/business/aussie-stars-shine-in-funds-revival/story-e6frg8zx-1226039926483.
- ^ Cowing, Emma (15 May 2011). "Everything in Jura's garden far from rosy". The Scotsman (Edinburgh). http://news.scotsman.com/scotland/Everything-in-Jura39s-garden-far.6768425.jp.
