Andrew Law | |
|---|---|
| Born | Andrew Eric Law 14 June 1966 Cheadle Hulme, Stockport, England |
| Education | Cheadle Hulme High School Sheffield University |
| Occupation | Financier |
| Employer | Caxton Associates |
| Political party | Conservative |
Andrew Eric Law (born 14 June 1966) is a British financier, hedge fund manager and philanthropist. He is the chairman, chief executive officer (CEO), and major shareholder of Caxton Associates, a hedge fund headquartered on Berkeley Square in London. He is chairman of the charity Speakers for Schools, and sponsor of a Multi-Academy schools trust in Cheadle Hume.
Andrew Eric Law was born on 14 June 1966, [1] and raised in Cheadle Hulme near Stockport, England. [2] [3] His father was a mechanical engineer and his mother was a nurse. [2] He was educated at Cheadle Hulme High School. [2] He graduated from the University of Sheffield in Sheffield, South Yorkshire, with a First Class honours degree in Economics in 1987. [4] [5] [6]
He started his career in finance at County NatWest, now known as NatWest. [2] [4] He then worked as a trader at the Chemical Bank. [2] [4] [6] In 1996, he joined Goldman Sachs, later becoming a managing director, where he oversaw FICC. [4] [6]
He started working at Caxton Associates in London in 2003. [4] [6] In 2008, he became its chief investment officer. [4] [5] [7] Since 2012, he has been its chairman and chief executive officer. [5] [6] [7] Law is the company's main shareholder. [8]
In 2017, Caxton Associates made £7.3 million profit, down from £95.8 million in 2016. [8]
Between May 2010 and January 2015, he donated £947,911 to the Conservative Party, making him its 11th biggest donor in this period. [9] In May 2017, he gave £250,000 to the Conservative Party. [10]
During the 2019 United Kingdom general election campaign Law donated £413,750 to the Conservative Party. [11]
He chairs the Law Family Charitable Foundation. [12]
The Foundation supports the Law Family Educational Trust that sponsors the Laurus Trust, a Multi Academy Trust (MAT), headquartered in Cheadle Hulme, near Manchester. The MAT encompasses 14 schools in the 4-18 age range in primary, secondary and sixth-form contexts across Greater Manchester. [13] In 2024 an Academic Football Program was announced with Manchester City Football Club. [14]
Law is the chairman of the board of trustees of Speakers for Schools, which invites public speakers to state schools in the UK. [4] He spoke at the Trinity C.E. High School in Manchester. [2]
Between 2020 and 2023, the Foundation provided financial support to the Law Family Commission on Civil Society, a programme of research into how Britain could enhance the potential of civil society, chaired by Lord Gus O'Donnell. [15]
In 2022, the Foundation provided the £8.1 million funding for the Lowry to purchase L.S.Lowry's Going to the Match, the 1953 painting of people on their way to watch a Bolton Wanderers match at the former Burnden Park stadium. [16] In 2014, it donated £1 million to The Lowry in Salford, where the spaces inside the Main Gallery are named The Law Family Galleries. [17]
In 2021 the Law Family Charitable Foundation donated £5.85m to the University of Sheffield to launch a new student support programme and search for new therapies for a range of incurable and debilitating diseases. [18]
In 2022, the Foundation donated £3million to the Science and Industry Museum in Manchester to fund the future of its Power Hall gallery, which will reopen in 2024. [19] In the same year, the Foundation donated £2.9million to Factory International, a destination for arts, music and culture, commissioning and present a year-round programme of interdisciplinary work by leading artists, due to open in 2023. [20]
The Foundation is a Global Alliance Founding Partner of Earthshot. [21]
It supports many non-profit organisations, including the Policy Exchange, a think tank based in Westminster. [4] Law was also on the board of trustees of Social Finance. [4]
In an op-ed published in The Huffington Post in 2014, he called for hedge fund managers to be more philanthropic. [22]
He was married to Zoë Law (née Purvis). [23] [4] They divorced in 2024. [24]
According to The Sunday Times Rich List in 2025, Law is worth £1.2 billion. [25]
He is a supporter of the football team, Manchester City F.C. [2] He owns "Manchester City vs Sheffield United", a 1938 painting by L. S. Lowry. [2]