Ole Andreas Halvorsen (born 1961) is a Norwegian-American billionaire hedge fund manager. He is the CEO and a co-founder of the Connecticut-based hedge fund Viking Global Investors.[1] Viking had $24 billion under management as of October, 2017.[2] Halvorsen has consistently ranked among the top earning hedge fund managers, placing 11th in Forbes' 2012 rankings and 9th in 2015, according to Institutional Investor's Alpha.[3][4][5]
Andreas Halvorsen | |
|---|---|
| Born | 1961 (age 62–63) Borge, Norway |
| Alma mater | Williams College Stanford University |
| Occupation | hedge fund manager |
| Known for | Founder and CEO, Viking Global Investors |
| Spouse | Diane Halvorsen |
| Children | 3 |
Halvorsen is a protégé of hedge fund manager Julian Robertson.[6] As of August 2022, his net worth was estimated at US$6.6 billion.[7]
Early life
editHalvorsen was born in Borge, Norway in 1961.[8] He graduated from the Norwegian Naval Academy and then served as a leader of a Norwegian SEAL team.[1]
Halvorsen attended Williams College, where he was a member of the ski team, and graduated in 1986 with a degree in economics. He went on to receive his MBA from the Stanford University Graduate School of Business in 1990.[1] [9] At Stanford, he received the Alexander A. Robichek Student Achievement Award in Finance and was an Arjay Miller Scholar.[10] Halvorsen is now on Williams' Board of Trustees.[11]
Investment career
editHalvorsen worked in the investment banking division of Morgan Stanley after finishing his studies. Then he moved to Tiger Management Corp, where he was a senior managing director, as well as an analyst and director of equities, and a member of the management committee. He sat on Tiger's advisory board, and on the supervisory board of the firm's largest fund, Jaguar Fund N.V..[12]
In 1999, Halvorsen left Tiger to co-found Viking Global Investors, an investment firm managing capital in excess of $30 billion, of which he is currently the CEO, alongside David Ott and Brian Olson.[13][14] Halvorsen, Ott, and Olson are part of the group known as "Tiger Cubs," former employees of Julian Robertson's Tiger Management Corporation now working as hedge fund managers on their own.[15] Viking Global's main operations cover public equity and hedge funds on the international market.[16]
Personal life
editHe is married to Diane Halvorsen; they have three children and live in Darien, Connecticut.[7][17]
Halvorsen is on the board of trustees of the Sterling and Francine Clark Art Institute located in Williamstown, Massachusetts, and the board of Williams College.[11]
Previously, Halvorsen has been a trustee of Greenwich Academy, a board member of Right To Play USA, and sat on the advisory council of the Stanford Graduate School of Business.[18]
References
edit- ^ a b c "Executive Profile: O. Andreas Halvorsen," Bloomberg BusinessWeek
- ^ Billionaire Andreas Halvorsen's Viking Global Hedge Fund Will Return $8 Billion After CIO Departure Forbes, 2017
- ^ "Andreas Halvorsen, Rank: 11 (tie)," Forbes, March 1, 2012
- ^ "The Rich List," Institutional Investor's Alpha
- ^ "How The 10 Richest Hedge Fund Managers Got That Way," The Wall Street Journal, April 16, 2008
- ^ "The Tiger and His Cubs," New York Times, July 30, 2012
- ^ a b "Forbes profile: Andreas Halvorsen". Forbes. Retrieved 24 August 2022.
- ^ Miguel Moreno Mendieta (12 February 2024). "Andrea Halvorsen, the Viking who conquered Wall Street with his hedge fund". El País.
- ^ Pressman, Aaron (March 1, 2010). "Viking's Halvorsen a Top Tiger Cub". Reuters.
- ^ "Global Conference 2011 Speaker: Andreas Halvorsen". www.milkeninstitute.org. Retrieved 2016-01-05.
- ^ a b Office of the President: Board of Trustees, Williams.edu
- ^ "Andreas Halvorsen: Viking Global". Value Walk. 10 February 2020.
- ^ "Viking Global Investors", Street Insider. Accessed 29 October 2105.
- ^ "Overview", Viking Global. Accessed 29 October 2015.
- ^ "Opalesque Exclusive: Julian Robertson reveals what makes a good hedge fund manager on Opalesque TV - Opalesque". www.opalesque.com. Retrieved 2016-01-05.
- ^ "Company Overview of Viking Global Investors L.P.", Bloomberg. Accessed 29 October 2015.
- ^ "40 at 40 | Features | Spring 2014 | Williams Magazine". magazine.williams.edu. Retrieved 2016-01-05.
- ^ "Clark Art - Board of Trustees". www.clarkart.edu. Retrieved 2016-01-05.
External links
edit- "Andreas Halvorsen and Viking Global’s New Stock Picks," Insider Monkey, February 13, 2011
- "Viking Global Steered Through 2008’s Gloom," DealBook, New York Times, February 13, 2009