Ian Wace

Ian Wace is a British hedge fund manager, philanthropist, and co-founder of Marshall Wace, a leading global investment management firm specializing in long/short equity strategies. Established in 1997 with Paul Marshall, the firm has grown to become one of the largest and most successful hedge funds in Europe.

Here are some key aspects of Ian Wace's life and career in detail:

1. Early life and education: Ian Wace was born in 1963 in the United Kingdom. He attended the London School of Economics, where he earned a Bachelor's degree in Economics.
2. Career before Marshall Wace: Before co-founding Marshall Wace, Ian Wace worked at investment banks SG Warburg and Paribas. At SG Warburg, he was responsible for managing proprietary trading, while at Paribas, he held the position of Head of European Equity Derivatives. His experience in the investment banking industry provided him with a strong foundation in finance and risk management.
3. Marshall Wace: In 1997, Ian Wace and Paul Marshall established Marshall Wace, a London-based investment management firm specializing in long/short equity strategies. Under their leadership, the firm has grown to become one of the largest and most successful hedge funds in Europe, with a strong reputation for its innovative approach to investment management, combining fundamental research with quantitative techniques and proprietary technology.
4. Philanthropy: Ian Wace is actively involved in philanthropic activities, focusing on education and children's welfare. He is a co-founder and trustee of ARK (Absolute Return for Kids), an international children's charity that works to improve the lives of disadvantaged children through education, healthcare, and child protection initiatives. Wace is also a trustee of Speakers for Schools, an organization that connects influential speakers with students in state-funded schools to inspire and broaden their horizons.
5. Personal life: Ian Wace is married to Saffron Aldridge, a former model and philanthropist. They have three children. Wace is also known for his interest in art and is a patron of the arts, supporting various cultural institutions and initiatives.

In summary, Ian Wace is a British hedge fund manager and philanthropist, best known as the co-founder of Marshall Wace, a leading global investment management firm. With a successful career in the investment management industry, Wace is also known for his philanthropic activities, focusing on education and children's welfare, and his support of cultural institutions and initiatives.