William von Mueffling | |
---|---|
Born | Munich, Germany |
Education | Columbia University (BA, MBA) |
Occupation | hedge fund manager |
Known for | founding Cantillon Capital Management |
Spouse | Clémence von Mueffling |
William Alexander von Mueffling[1] is an investor, hedge fund manager, and producer. He is the president of Cantillon Capital Management, an investment firm with more than $14 billion under management.[2]
Early life and education
Mueffling was born in Munich to a German investment-banker father, William Freiherr von Mueffling, and an American mother, Marsha Millard, who met as students at Columbia University.[3][4][5] His paternal family is descended from German nobility, and his maternal grandfather, Mark Millard, was a senior managing director and a member of the board of directors of Shearson/American Express. His father died when he was a toddler, and his mother moved William and his siblings to New York. He attended The Hotchkiss School in Lakeville, Connecticut.[6] He then attended Columbia University, earning his B.A. in 1990 and M.B.A. from Columbia Business School in 1995.[7]
Career
Von Mueffling worked for Deutsche Bank in France before joining Lazard, where he became a managing director at Lazard Asset Management and gained fame as an investor in his early 30s by shorting technology stocks, posting average annual returns of more than 30% from 1998 to 2003. He was called a "Wunderkind" by Forbes and "alpha male" by the Economist for his stellar performance.[8][9]
After a dispute with Lazard's chief executive Bruce Wasserstein over compensation,[10][11] he left in 2003 to start his own hedge fund, Cantillon Capital Management.[12] As a result of his departure, Lazard's hedge fund business suffered a devastating loss of $3 billion, as many of its investors followed von Mueffling to the new firm.[13]
In 2007, he was named one of New York magazine's "hedge-fund elite" along with the likes of Chase Coleman, Peter Thiel and Eric Mindich.[14] Between 2006 and 2008, he was named one of Institutional investor's 25 top-earning hedge fund managers in the industry.[15][16][17]
Mueffling closed his hedge fund in 2009 and returned $3.5 billion to investors, and switched to a long-only strategy by retaining $1 billion in long-only assets.[7][18] His investment firm has an AUM of nearly $15 billion, as of September 2021.[19]
He executive produced the 2015 documentary film Racing Extinction about the ongoing Holocene extinction and the 2019 documentary film Slay the Dragon about gerrymandering in the United States.[20][21] He also helped launch whosontheballot.org, a website that provides one-stop comprehensive guide for all things related to voting in New York City.[22]
Mueffling sits on Columbia Business School's board of overseers.[12] In 2007, he served on The President's Working Group on Financial Markets, where he was named to the Asset Manager's committee and helped draw up guidelines for best practices in the hedge fund industry.[23][24]
Mueffling serves as an advisor to the litigation funding startup Legalist.[25][26]
Personal life and family
Von Mueffling is married to Clémence von Mueffling, an author and beauty expert whose mother,[27] Lorraine Bolloré, and grandmother, Régine Debrise, were both beauty editors of Vogue Paris.[28][29] She is a relative of French businessman Vincent Bolloré, CEO of the eponymous conglomerate Bolloré SE.[30] He maintains a residence at 810 Fifth Avenue.[31]
References
- ↑ "Cantillon Capital and William von Mueffling's Portfolio Activity". Insider Monkey. Retrieved 2021-09-19.
- ↑ "William von Mueffling". RIP Medical Debt. Retrieved 2021-09-19.
- ↑ "WEDDINGS; Ms. von Mueffling, Mr. Esposito". The New York Times. 1992-08-30. ISSN 0362-4331. Retrieved 2021-09-19.
- ↑ "Marsha Millard Is Married To Baron William von Muffling". The New York Times. 1964-06-07. ISSN 0362-4331. Retrieved 2021-09-19.
- ↑ "Baron Is the Fiance Of Marsha Millard". The New York Times. 1964-03-08. ISSN 0362-4331. Retrieved 2021-09-19.
- ↑ "Hotchkiss Magazine Fall 2013 by The Hotchkiss School - Issuu". issuu.com. 19 November 2013. Retrieved 2023-02-02.
- 1 2 Strasburg, Jenny (2010-10-31). "A Hedge-Fund Manager's New Groove". Wall Street Journal. ISSN 0099-9660. Retrieved 2021-09-19.
- ↑ "Wunderkind". Forbes. Retrieved 2021-09-19.
- ↑ "Alpha males". The Economist. 2003-04-03. ISSN 0013-0613. Retrieved 2021-09-19.
- ↑ "Five years on from the hedge of disaster". the Guardian. 2003-08-25. Retrieved 2021-09-19.
- ↑ "Chaos at Lazard as 'greedy' hedge fund millionaires quit". The Times. ISSN 0140-0460. Retrieved 2021-09-19.
- 1 2 "William A. von Mueffling '95". Columbia Business School. 2019-03-20. Retrieved 2021-09-19.
- ↑ "Lesson Learned". Institutional Investor. 15 October 2006. Retrieved 2021-09-19.
- ↑ "A Guide to the Hedge-Fund Elite -- New York Magazine - Nymag". New York Magazine. 6 April 2007. Retrieved 2021-09-19.
- ↑ Herbst-Bayliss, Svea (2009-06-18). "Cantillon's von Mueffling exits hedge fund industry". Reuters. Retrieved 2021-09-19.
- ↑ "Top hedge fund manager had take-home pay of $1.5 billion in 2005 on 5% fee and 44% of gains". www.finfacts.ie. Retrieved 2021-09-19.
- ↑ "17 William von Mueffling". Institutional Investor. 15 April 2008. Retrieved 2021-09-19.
- ↑ "Cantillon Closing: William von Mueffling's Hedge Fund Converting to Long Only ~ market folly". www.marketfolly.com. Retrieved 2021-09-19.
- ↑ "William Von Mueffling - Cantillon Capital Management - 2021 13F Holdings, Performance, and AUM - Insider Monkey". www.insidermonkey.com. Retrieved 2021-09-19.
- ↑ Boucher, Geoff (2019-06-28). "'Slay The Dragon': 'RGB' Distributor Magnolia Acquires Participant Media's Gerrymandering Doc As Supreme Court Rules". Deadline. Retrieved 2021-09-19.
- ↑ "Betting on the Long Shot in Politics and Storytelling". Nonfics. 2020-04-07. Retrieved 2021-09-19.
- ↑ "Who's On The Ballot? Website Seeks To Fully Inform The Low-Information Voter". Mediaite. 2012-10-24. Retrieved 2021-09-19.
- ↑ "PWG Announces Private Sector Groups to Address Market Issues for Private Pools of Capital". U.S. Department of the Treasury. Retrieved 2021-09-19.
- ↑ "Duo to draw up best practice for hedge funds". Financial Times. Retrieved 2021-09-19.
- ↑ "William von Mueffling · Legalist". www.legalist.com. Retrieved 2021-10-15.
- ↑ "Litigation funder Legalist brings on ex-judge to replace Posner as adviser". Reuters. 2020-09-18. Retrieved 2021-10-15.
- ↑ Molvar, Kari (2016-04-18). "A Parisian Editor's Best Natural Beauty Advice for Spring". The New York Times. ISSN 0362-4331. Retrieved 2021-09-19.
- ↑ Smith, Julia Llewellyn. "Clémence von Mueffling shows why French women don't lose their looks". The Times. ISSN 0140-0460. Retrieved 2021-09-19.
- ↑ Thomas, Ellen (2018-04-16). "Ageless Beauty the French Way: Clémence von Mueffling Shares Secrets From Three Generations of Beauty Editors". WWD. Retrieved 2021-09-19.
- ↑ Gourdon, Jessica (2014-05-02). "Clémence Von Mueffling lance son magazine beau et bio". French Morning US (in French). Retrieved 2021-09-19.
- ↑ Lewis, Christina S. N. (2007-08-04). "Rudin Sells Retreat". Wall Street Journal. ISSN 0099-9660. Retrieved 2021-09-19.