David Kabiller

Last updated
David G. Kabiller
Born (1963-07-02) July 2, 1963 (age 60)
Occupationinvestor
Known forCo-founder of AQR Capital Management
Children1 son [1]

David G. Kabiller (born July 2, 1963 [2] ) is the founder, founding principal, and head of business development of AQR Capital Management, [3] [4] along with Cliff Asness, John M. Liew and Robert Krail. [5] He initiated AQR's international growth and its introduction of mutual funds [6] as well as the creation of the AQR University [5] symposia series and the AQR Insight Award for outstanding innovation in applied academic research. [5] 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.

Contents

Early life and education

Kabiller was born July 2, 1963, in Chicago, Illinois, to a Jewish family, the son of Elaine (née Tunick; 1934-2022 [7] ) and Irving Kabiller (1930-2012). [8] He has one sister, Sari Kabiller Battista. [9] He earned a B.A. in economics from Northwestern University, where he received an athletic scholarship to play tennis and was named to the Big Ten’s Academic All-Conference team, and an M.B.A. from Northwestern’s Kellogg School of Management. [10] [11]

Career

After school, he worked as a vice president at Goldman, Sachs & Co. [12]

Kabiller has co-authored papers on topics including derivatives, [13] enhanced indexation, [5] securities lending, [5] insurance-linked securities, [14] hedge funds [5] and the secret of Warren Buffett's investing acumen. [15] “Buffett’s Alpha” received the 2018 Graham and Dodd Award from the Financial Analysts Journal for the year’s best paper. [16] He was profiled in Scott Patterson's book The Quants.

Philanthropy

He is a member of the Northwestern University Board of Trustees and large donor to both academic and athletic scholarship programs. [17] He is a member of the Advisory Council of the AQR Asset Management Institute at London Business School [18] and also serves on the board of trustees for the Terra Foundation for American Art. [19] He is chairman of the Executive Council of the International Institute for Nanotechnology [20] and endowed the biennial $250,000 Kabiller Prize in Nanoscience and Nanomedicine and $10,000 Kabiller Young Investigator Award in Nanoscience and Nanomedicine. [21] 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. [22] In 2017, London Business School honored David with an Honorary Fellowship for his service to the school and distinction in business. [23] In 2021, Kabiller endowed the Kabiller Science of Empathy Prize at Northwestern University's Kellogg School of Management, which biennially is awarded to a member of the Kellogg faculty who "has conducted novel research that advances analytical and rigorous critical thinking about human empathy, understanding and trust." [24] In 2023, Kabiller helped conceive the Longevity Transitions Salon series at Stanford University’s Center on Longevity, which was funded by a gift from the Kabiller family. [25]

Related Research Articles

<span class="mw-page-title-main">Stanford Graduate School of Business</span> Business school of Stanford University

The Stanford Graduate School of Business is the graduate business school of Stanford University, a private research university in Stanford, California. For several years it has been the most selective business school in the United States, admitting only about 6% of applicants.

Fred Kavli was a Norwegian-American businessman and philanthropist. He was born on a small farm in Eresfjord, Norway. He founded the Kavlico Corporation, located in Moorpark, California. Under his leadership, the company became one of the world's largest suppliers of sensors for aeronautic, automotive, and industrial applications supplying General Electric and the Ford Motor Company.

<span class="mw-page-title-main">Kellogg School of Management</span> Business school of Northwestern University

The Kellogg School of Management at Northwestern University is the business school of Northwestern University, a private research university in Evanston, Illinois. It was founded in 1908 as the School of Commerce. Its faculty, alumni, and students have made significant contributions to fields such as marketing, management sciences, and decision sciences.

Dakota County Technical College (DCTC) is a public, two-year technical college in Rosemount, Minnesota, United States. It is located in Dakota County inside the Minneapolis/St. Paul metropolitan area. DCTC belongs to the Minnesota State Colleges and Universities System and is one of five stand-alone technical colleges in the state.

<span class="mw-page-title-main">Chad Mirkin</span> American chemist

Chad Alexander Mirkin is an American chemist. He is the George B. Rathmann professor of chemistry, professor of medicine, professor of materials science and engineering, professor of biomedical engineering, and professor of chemical and biological engineering, and director of the International Institute for Nanotechnology and Center for Nanofabrication and Molecular Self-Assembly at Northwestern University.

The Siebel Scholars program was established by the Thomas and Stacey Siebel Foundation in 2000 to recognize the most talented students at 29 graduate schools of business, computer science, bioengineering, and energy science in the United States, China, France, Italy, and Japan.

<span class="mw-page-title-main">Joseph DeSimone</span> American chemist, inventor and entrepreneur

Joseph M. DeSimone is an American chemist, inventor, and entrepreneur who has co-founded companies based on his research, including the American 3D printing technology company, Carbon, of which he was CEO from 2014 until November 2019.

<span class="mw-page-title-main">Segal Design Institute</span> Design thinking institute at Northwestern University

The Segal Design Institute is a design thinking institute at Northwestern University. Segal operates within the McCormick School of Engineering and Applied Science and is dedicated to the study of human-centered design at the undergraduate and graduate level.

<span class="mw-page-title-main">AQR Capital</span> Global investment management firm

AQR Capital Management is a global investment management firm based in Greenwich, Connecticut, United States. The firm, which was founded in 1998 by Cliff Asness, David Kabiller, John Liew, and Robert Krail, offers a variety of quantitatively driven alternative and traditional investment vehicles to both institutional clients and financial advisors. The firm is primarily owned by its founders and principals. AQR has additional offices in Boston, Chicago, Los Angeles, Bangalore, Hong Kong, London, Sydney, and Tokyo.

<span class="mw-page-title-main">Bala V. Balachandran</span> Indian academic (1937–2021)

Bala V. Balachandran was an Indian academic who served as Professor Emeritus of Accounting Information & Management at the Kellogg School of Management at Northwestern University. He was also the founder, Chairman of the Board and Dean Emeritus of Great Lakes Institute of Management in Chennai, India.

Clifford Scott Asness is an American hedge fund manager and the co-founder of AQR Capital Management. According to an April 2020 Forbes profile, Asness' estimated net worth was $2.6 billion.

David F. Larcker is an American academic and author. He is the James Irvin Miller Professor of Accounting, and director of the Corporate Governance Research Initiative at the Stanford Graduate School of Business, senior faculty of The Arthur and Toni Rembi Rock Center for Corporate Governance at Stanford University, codirector of the Stanford Directors' Consortium Executive Program and Professor of Law, of Stanford Law School. He also serves as a trustee of the Wells Fargo Advantage Funds.

Stergios Logothetidis is a Greek physicist and a full time professor at the solid-state physics department of Aristotle University of Thessaloniki. He is the founder and director of the Lab for Thin Films – Nanosystems and Nanometrology (LTFN). The scientific and research activities of LTFN are focused on the areas of: nanotechnology, organic electronics, nanomedicine, nano-bioelectronics and thin films.

The International Institute for Nanotechnology (IIN) was established by Northwestern University in 2000. It was the first institute of its kind in the United States and is one of the premier nanoscience research centers in the world. Today, the IIN represents and unites more than $1 billion in nanotechnology research, educational programs, and supporting infrastructure.

Paul Eugene Holden was an American mechanical engineer, and Professor of Industrial Management at the Stanford Graduate School of Business, who was awarded the 1941 Henry Laurence Gantt Medal for his contributions to management.

Arjay Miller was one of the ten Whiz Kids hired by Henry Ford II of the Ford Motor Company. He served as president of Ford Motor Company between 1963 and 1968, until he was abruptly fired by Henry Ford II. He then went on to become the dean of the Stanford Graduate School of Business.

Kathleen M. Hagerty is an American academic and the Provost of Northwestern University, serving since September 2020. Prior to that, she was dean of the faculty in the Kellogg School of Management. She is the first female to be appointed provost of the university.

Donald H. Haider is an American business professor and politician. He has long been a business professor at Northwestern University's Kellogg School of Management. He ran in 1987 as a Republican nominee for mayor of Chicago.

Loran F. Nordgren is an American professor of psychology who studies the adoption of new ideas and behaviors. In 2020 he became a professor at Northwestern University's Kellogg School of Management. He is the co-author of The Human Element: Overcoming the Resistance That Awaits New Ideas.

References

  1. "An Audience With AQR's David Kabiller". FNLondon.
  2. United States Public Records
  3. "David Gary Kabiller CFA". Businessweek.com.
  4. "How I Became a Quant'". The Wall Street Journal. August 22, 2007.
  5. 1 2 3 4 5 6 "David Kabiller, CFA". AQR Capital. Archived from the original on 2014-02-08.
  6. "AQR's David Kabiller Pioneers Hedge Funds for the Masses". Wall Street Journal.
  7. "Elaine Kabiller Obituary - Wilmette, IL". Dignity Memorial. Retrieved 2023-02-13.
  8. "IRVING KABILLER Obituary (2012) - West Palm Beach, FL - The Palm Beach Post". Legacy.com. Retrieved 2023-02-13.
  9. Chicago Sun Times: "Irving Kabiller" May 27, 2012
  10. "David G. Kabiller". www.aqr.com. Retrieved 2020-12-01.
  11. "David Kabiller". Forbes. Retrieved 2020-12-01.
  12. "David Gary Kabiller CFA". Business Week.[ dead link ]
  13. "Using Derivatives and Leverage To Improve Portfolio Performance". Institutional Investor.
  14. "AQR Capital Management Establishes Reinsurance Group" (Press release). PRN Newswire.
  15. "Buffett's Alpha" (PDF). Yale University. Archived from the original (PDF) on 2013-12-17. Retrieved 2014-01-17.
  16. "CFA Institute Financial Analysts Journal Announces 2018 Graham and Dodd Awards of Excellence Winners". CFA Institute. Retrieved 2019-01-29.
  17. "Trustee David Kabiller Equips Student-Athletes for Success". Northwestern University.
  18. "Key People". London Business School. Archived from the original on 2015-01-09. Retrieved 2015-08-14.
  19. "Board and Staff". Terra Foundation for American Art. Archived from the original on 2013-12-13.
  20. "Executive Council - International Institute for Nanotechnology". www.iinano.org.
  21. "Nominations Invited for Inaugural $250,000 Kabiller Prize in Nanoscience and Nanomedicine: Northwestern University News". Archived from the original on 2015-06-09. Retrieved 2015-06-04.
  22. "Trustee endows career enhancement program for student-athletes". news.northwestern.edu. Retrieved 2019-10-23.
  23. "Honorary Awards - London Business School". London.edu.
  24. "The Kabiller Science of Empathy Prize". Kellogg School of Management at Northwestern University. Retrieved March 25, 2021.
  25. "Stanford Center on Longevity Launches Longevity Transitions Salon". Stanford Center on Longevity. Retrieved 2023-03-30.