Andrew Hall (hedge fund manager)

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Andrew Hall was the head of commodities trading firm Phibro LLC and the head of hedge fund Astenbeck Capital.[1] As the head of a then subsidiary of Citigroup, his compensation drew criticism about Wall Street pay in the aftermath of subprime-related bank bailouts.[2] Citigroup sold Phibro LLC to Los Angeles-based Occidental Capital for $370 million, in part due to the pay controversy.[3] Hall earned about $100 million in 2008. His hedge fund Astenbeck Capital raised more than $3.0 billion.[4]

Hall has an MA in chemistry from Oxford University[5] and an MBA from France’s INSEAD business school where, in 1980, he won the Henry Ford prize for top graduate.

Upon graduation from Oxford in 1973, Hall joined British Petroleum where he served in various posts, the last as Vice President of BP North America Trading in New York.

Hall left BP and joined Phibro Energy in 1982. Hall joined the Board of Directors of Salomon Inc., the parent company of Phibro in 1991. Hall became CEO of Phibro in 1992.

Hall is an internationally renowned art collector.[6] In 2007, he and his wife Christine Hall founded the Hall Art Foundation, whose mission is to make available postwar and contemporary art works from its own collection and that of Andrew and Christine Hall for the enjoyment and education of the public.[7] The Hall Art Foundation operates two museum spaces in Derneburg, near Hannover, Germany[8] and in Reading, Vermont[9]. The Hall Art Foundation also has an exhibition partnership with the Massachusetts Museum of Contemporary Art, in North Adams, Massachusetts[10] and collaborates with other public institutions around the world to organize exhibitions and facilitate loans from its own collection and that of the Halls.


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