Andrew Hall (hedge fund manager)
Andrew Hall is 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 has raised more than $1.0 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, a position he continues to serve in. Hall is an internationally renowned art collector.[6]
References
- ↑ "Commodities Star Absorbs Loss ," Wall Street Journal, June 25, 2010
- ↑ "Citi trader Andrew Hall fights for $100m bonus ," The Telegraph (UK), July 25, 2009
- ↑ "Citi in $100 Million Pay Clash," Wall Street Journal, July 25, 2009
- ↑ "Ex-Citigroup Trader Hall Raises $1 Billion for Commodities Fund," Archived June 26, 2010, at the Wayback Machine. Bloomberg Businessweek, June 22, 2010
- ↑ "Commodities Star Absorbs Loss ," Wall Street Journal, June 25, 2010
- ↑ "About the Hall Art Foundation" Hall Art Foundation, June 2, 2015
External links
- "Citigroup’s Andrew Hall Has Castle, Demands Bonus," New York Magazine, April 29, 2009
- "How Citi's Andrew Hall Made $100 Million Last Year," Time magazine, October 19, 2009