David Kabiller

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David G. Kabiller
Born1964 (age 54–55)
NationalityAmerican
Occupationinvestor
Known forCo-founder of AQR Capital Management
Net worth$1.25 billion (March 2018)[1]
Parent(s)Elaine Tunick Kabiller
Irving Kabiller

David G. Kabiller, CFA (born 1964) is the founder, founding principal, and head of business development of AQR Capital Management,[2][3] along with Cliff Asness, John M. Liew and Robert Krail.[4] He initiated AQR's international growth and its introduction of mutual funds[5] as well as the creation of the AQR University[4] symposia series and the AQR Insight Award for outstanding innovation in applied academic research.[4] Kabiller established AQR's QUANTA Academy program, which is designed to help employees reach their full potential. The program offers a holistic approach, focusing on both professional and personal development.

Early life and education[edit]

Kabiller was born to a Jewish family, the son of Elaine (née Tunick) and Irving Kabiller.[6] He has one sister, Sari Kabiller Battista.[6] He earned a B.A. in economics and an M.B.A. from Kellogg School of Management, where he received an athletic scholarship to play tennis and was named to the Big Ten Conference Academic All-Conference team.[4]

Career[edit]

After school, he worked as a vice president at Goldman, Sachs & Co.[7]

Kabiller has co-authored papers on topics including derivatives,[8] enhanced indexation,[4] securities lending,[4] insurance-linked securities,[9] hedge funds[4] and the secret of Warren Buffett's investing acumen.[10] “Buffett’s Alpha” received the 2018 Graham and Dodd Award from the Financial Analysts Journal for the year’s best paper.[11] He was profiled in Scott Patterson's book The Quants.

Philanthropy[edit]

He is a member of the Northwestern University Board of Trustees and large donor to both academic and athletic scholarship programs.[12] He is a member of the Advisory Council of the AQR Asset Management Institute at London Business School[13] and also serves on the board of trustees for the Terra Foundation for American Art.[14] He is chairman of the Executive Council of the International Institute for Nanotechnology[15] and donates $250,000 for a biannual Kabiller Prize in Nanoscience and Nanomedicine plus a $10,000 Kabiller Young Investigator Award in Nanoscience and Nanomedicine.[16] He created the David G. Kabiller NU for Life Program, which provides mentoring and career development for Northwestern University athletes. In recognition of David’s multimillion dollar gift to endow the program, it was named in his honor in 2019.[17] In 2017, London Business School honored David with an Honorary Fellowship for his service to the school and distinction in business.[18] In 2018, he created a humanitarian prize at the Shirley Ryan AbilityLab in Chicago. The annual award will recognize employees of the rehabilitation hospital who personify its uniquely compassionate culture, a critical aspect of providing exceptional patient care. Winners will also be inducted into a humanitarian society, which will set and execute humanitarian goals that help advance the lab's mission.[19]

References[edit]

  1. ^ "Forbes: The World's Billionaires". Forbes. Retrieved 13 March 2018.
  2. ^ "David Gary Kabiller CFA". Businessweek.com.
  3. ^ "How I Became a Quant'". The Wall Street Journal. August 22, 2007.
  4. ^ a b c d e f g "David Kabiller, CFA". AQR Capital. Archived from the original on 2014-02-08.
  5. ^ "AQR's David Kabiller Pioneers Hedge Funds for the Masses". Wall Street Journal.
  6. ^ a b Chicago Sun Times: "Irving Kabiller" May 27, 2012
  7. ^ "David Gary Kabiller CFA". Business Week.
  8. ^ "Using Derivatives and Leverage To Improve Portfolio Performance". Institutional Investor.
  9. ^ "AQR Capital Management Establishes Reinsurance Group". PRN Newswire.
  10. ^ "Buffett's Alpha" (PDF). Yale University.
  11. ^ "CFA Institute Financial Analysts Journal Announces 2018 Graham and Dodd Awards of Excellence Winners". CFA Institute. Retrieved 2019-01-29.
  12. ^ "Trustee David Kabiller Equips Student-Athletes for Success". Northwestern University.
  13. ^ "Key People". London Business School.
  14. ^ "Board and Staff". Terra Foundation for American Art. Archived from the original on 2013-12-13.
  15. ^ "Executive Council - International Institute for Nanotechnology". www.iinano.org.
  16. ^ "Archived copy". Archived from the original on 2015-06-09. Retrieved 2015-06-04.CS1 maint: archived copy as title (link)
  17. ^ "Trustee endows career enhancement program for student-athletes". news.northwestern.edu. Retrieved 2019-10-23.
  18. ^ "Honorary Awards - London Business School". London.edu.
  19. ^ "New Award to Celebrate Employees Who Exemplify Compassionate Culture". Shirley Ryan AbilityLab - Formerly RIC. Retrieved 2018-07-29.