Yan Huo

Yan Huo
Born1968 (age 56–57)
China
Alma materFudan University
Princeton University
Occupation(s)Co-founder, Capula Investment Management

Yan Huo (Chinese:霍焱) (born 1968) is a businessman and philanthropist. He is the managing partner and chief investment officer of Capula Investment Management.

Early life and education

Yan was born in the Beijing in 1968.[1][2] He received a bachelor’s degree in physics from Fudan University and, in 1993, earned a PhD in electrical engineering from Princeton University.[3]

Career

After graduating from Princeton, Huo joined JPMorgan, where he worked in research before building and leading the firm’s fixed-income proprietary trading team.[3] In 2005, he co-founded London-based Capula Investment Management with Masao Asai.[4]

In 2018, Huo earned £36.4 million, half of what he received in 2017.[5] He is a trustee of Fudan University and Princeton University.[6] In December 2023, he was elected to the board of the Metropolitan Museum of Art.[7]

Philanthropy

In 2009, Huo set up the Huo Family Foundation with a mission to support education, communities and the pursuit of knowledge. Recipients of donations have included The Old Vic theatre, the Tate gallery, the Royal National Theatre, the Natural History Museum and the London Symphony Orchestra.[1] In 2022, the foundation gave grants of $7m to five London museums and galleries.[8] The Foundation gave £4.3 million to recipients including the Royal Academy of Arts, the British Museum, the Royal Opera House and the National Gallery in 2024.[9] Since its inception, the Foundation has given or pledged $55m to charitable causes.[10][11]

In December 2020 Huo became a signatory of the Giving Pledge, affirming his commitment to giving the majority of his wealth to charitable causes.[12]

Personal life

Huo donated £200,000 to the British Conservative Party during the 2019 United Kingdom general election.[13][14] Huo donated £50,000 to the Conservative Party in 2020.[15]

References

  1. ^ a b Bow, Michael; Warrington, James; Price, Chris; Singleton, Alex (12 January 2024). "Chinese donor to Tories and British Museum scores £114m payday from his Mayfair hedge fund". The Telegraph. Retrieved 26 January 2024.
  2. ^ "鄂州首富：放弃学术研究，做投资大获成功，身家70亿". wappass.baidu.com. 7 December 2021. Retrieved 26 January 2024.
  3. ^ a b Lin, Paul (24 November 2008). "Putting Safety First - Barron's". barrons. Retrieved 13 January 2024.
  4. ^ Nishant, Nishant; Aldred, Stephen (13 April 2012). "Goldman-linked hedge fund Capula expands to Hong Kong". Reuters. Retrieved 13 January 2024.
  5. ^ Kelly, Liam. "Hedgie Yan Huo's pay slides — to £36m". The Times. ISSN 0140-0460. Retrieved 2020-07-30.
  6. ^ "Six elected to Princeton Board of Trustees". Princeton University.
  7. ^ "Yu Youhan Dies at 80, Ruling in Franz West Case, New CEO for Art Bridges Foundation and More: Morning Links for December 19, 2023". ARTnews.com. 19 December 2023. Retrieved 13 January 2024.
  8. ^ Mance, Henry; Agnew, Harriet (15 June 2024). "After Baillie Gifford, who is 'clean' enough to fund the arts?". Financial Times. Retrieved 6 July 2024.
  9. ^ Morrison, Richard (13 June 2024). "The woman who's given £500 million to the arts — what has she learnt?". www.thetimes.com. Retrieved 6 July 2024.
  10. ^ "Mission and Impact". Huo Family Foundation.
  11. ^ "HUO FAMILY FOUNDATION (UK) LIMITED - Charity 1133206". register-of-charities.charitycommission.gov.uk.
  12. ^ Block, Fang (21 December 2020). "Stephen Schwarzman and William Gross Are Among 13 New Signatories of the Giving Pledge". www.barrons.com. Retrieved 13 January 2024.
  13. ^ Boscia, Stefan (28 November 2019). "Conservatives break election donations record while unions turn on the taps for Labour". CityAM. Retrieved 5 May 2020.
  14. ^ "View donation". The Electoral Commission. Retrieved 5 May 2020.
  15. ^ "POLITICAL DONATIONS DATABASE : Mr Yan Huo to Conservative and Unionist Party". UKPOL. March 1, 2023.