Mark E. Kingdon

Last updated
Mark E. Kingdon
Born
NationalityAmerican
Alma mater Columbia University (BA)
Harvard University (MBA)
Occupationhedge fund manager
Known forfounding Kingdon Capital Management
Children2, including Jessica Kingdon

Mark E. Kingdon is a hedge fund manager and president of Kingdon Capital Management, a US investment management company with ~$623 million in assets under management. [1]

Contents

Biography

Kingdon was born in Brooklyn and grew up on Long Island. [2] He graduated from Columbia College in 1971 and Harvard Business School in 1973. [3] Kingdon began his career with AT&T as a pension fund administrator from 1973 to 1975. [4] In 1975, he joined Century Capital Associates, where he remained for eight years. In 1983, he founded Kingdon Capital management with $2 million that grew into a $5.9 billion hedge fund as of 2007 and was listed among Financial Times' "100 hedge funds to watch." [5] [6] Between 1983 and 2000, his fund has maintained a compounded annual return of 22.99 percent. [7]

Kingdon is a Trustee Emeritus, a member of the board of Investment Management Company, co-chair of the Global Leadership Council and a member of the President’s Council on World Projects at Columbia University.

Kingdon also served on the Columbia College Board of Visitors as well as the Board of Trustees of Columbia University. [8] [9]

Philanthropy

Some of Kingdon's philanthropic endeavors include donating funds to groups that help to support impoverished children such as Harlem Children's Zone and groups that help promote Chinese culture such as the China Institute. [10] He endowed the C. Lowell Harriss Professorship of Economics at Columbia University in honor of his mentor, and the position is currently being held by economist and vice chairman of the Federal Reserve, Richard Clarida. [10] He also served as a trustee of Carnegie Hall. Kingdon currently sits on the boards of Harlem Children's Zone, the New York City Police Foundation and New York City Center and is a member of the Dean’s Advisory Board of Harvard Business School. [11] [12] [13] [14]

Awards

In 2003, Kingdon received the Institutional Investor/Alternative Investment News Lifetime Achievement Award. [15] In 2005, Kingdon received Columbia College's John Jay Award for distinguished professional achievement as well as the Alexander Hamilton Award, the highest honor that Columbia College bestows upon its alumni. [16]

Personal life and family

Kingdon is married to Anla Cheng, a senior partner of private equity firm Sino-Century who also founded the New York-based news platform, SupChina. [17] [18] Cheng was also a senior investment banker with Robert Fleming & Co. She sits on the Committee of 100 and is a trustee of Columbia Global Centers, East Asia. [19] Cheng is now under investigation by the US Senate concerning her Sup China (now renamed ‘The China Project’) business being a home for Chinese Communist Party Agents. Investigations are continuing as of late 2022. His daughter, Jessica Kingdon, is an Academy Award-nominated director and producer known for her 2021 documentary, Ascension. [20]

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References

  1. "Kingdon Capital Management Brochure". SEC. January 3, 2024.
  2. Kingdon, Mark E. (2021-01-15). "Opinion | New York, I Love You, but We Can't Go On Like This". Wall Street Journal. ISSN   0099-9660 . Retrieved 2021-09-11.
  3. "Mark E. Kingdon". Office of the Secretary of the University. Retrieved May 19, 2020.
  4. CNBC (2013-03-13). "Mark Kingdon - CNBC". www.cnbc.com. Retrieved 2020-05-19.
  5. "100 Hedge funds to watch" (PDF). Retrieved 2021-01-22.
  6. "Story Details - Alumni - Harvard Business School". www.alumni.hbs.edu. October 1998. Retrieved 2020-05-19.
  7. Peltz, Lois, 1956- (2001). The new investment superstars : 13 great investors and their strategies for superior returns. Wiley. p. 171. ISBN   0-471-43690-9. OCLC   49414846.{{cite book}}: CS1 maint: multiple names: authors list (link) CS1 maint: numeric names: authors list (link)
  8. "Columbia College Board of Visitors 2016–2017". Columbia College Report. 2017-12-05. Retrieved 2019-01-29.
  9. Sachare, Alex (January 2008). "Kingdon Receives Hamilton Award". Columbia College Today. Retrieved May 19, 2020.
  10. 1 2 "Here's How Mark Kingdon Gives Away His Money". Inside Philanthropy. Retrieved 1 May 2016.
  11. "Annual Report 2012-13" (PDF). Carnegie Hall. Retrieved May 19, 2020.
  12. "NYCC Board of Directors".
  13. "EXCLUSIVE: Funders Behind NYPD's Mysterious Private 'Counter-Terrorism' Foundation" . Retrieved 2020-05-19.
  14. "Mark Kingdon". Invest for Kids. Retrieved 2020-05-19.
  15. "Three New Members Round Out Trustees". Columbia Daily Spectator. Retrieved 2020-05-19.
  16. "Kingdon To Receive Hamilton Award". Columbia College Today. Retrieved May 19, 2020.
  17. "Profiles". www.globalchinesephilanthropy.org. Retrieved 2022-01-29.
  18. "MEMBERS | Committee 100" . Retrieved 2022-01-29.
  19. "Anla Cheng | Columbia Global Centers". globalcenters.columbia.edu. Retrieved 2022-01-29.
  20. "Columbia College Today". www.college.columbia.edu. Retrieved 2022-02-15.

Further reading

Peltz, Lois (2001). The New Investment Superstars . Wiley. p.  163 Whole chapter. ISBN   0-471-40313-X.