Dwight W. Anderson Explained

Dwight W. Anderson
Birth Name:Dwight W. Anderson
Alma Mater:Princeton University
UNC Kenan–Flagler Business School
Occupation:Founder of Ospraie Management, LLC

Dwight W. Anderson is an American investor and the founder of Ospraie Management, LLC, a basic industries and commodities-focused asset management firm with a venture arm focused on investments in the agriculture sector.[1] [2] [3]

Education

Anderson graduated from Horace Greeley High School in Chappaqua, New York in 1985. After graduation he attended Princeton University where he received an AB in History in 1989. In 1994, Anderson earned an MBA from the University of North Carolina.[4] [5] While at UNC, he received a graduate scholarship funded by Julian Robertson.[6] He is the recipient of the University of North Carolina’s Kenan-Flagler Young Alumni Award (2000) and MBA Alumni Merit Award (2007).[7]

Career

Following business school, Anderson worked at Goldman Sachs and JPMorgan and then was recruited by Julian Robertson to join Tiger Management in October 1994 where he served as Managing Director responsible for the Basic Industries and Commodities Group.[6] Anderson is known as a “Tiger Cub,” a name given to alumni of Tiger Management who have since started their own funds.[2] [8] In 1999, Anderson later joined Tudor Investment Corporation, where he served as Head of the Basic Industries Group.[9] [2]

Later in 1999, Anderson launched Ospraie as an independent commodities hedge fund within Tudor Investment Corporation.[2] In 2004, he established Ospraie as an independent firm, with $1.2 billion in assets under management.[1] Ospraie invests in commodity markets and basic industries worldwide based on fundamental, bottom-up research, and at its peak, it managed assets totaling nearly $9 billion.[10]

In 2018, Anderson launched Ospraie Ag Science, Ospraie Management’s venture arm dedicated to the agriculture sector. As of March 2021, this venture arm managed $137.9 million.[11]

Personal

Anderson is Chairman of the Board of Directors for Concord Resources Limited, a global commodities trading company.[6] He also serves on the Board of Trustees of NYU Langone Medical Center and UNC Kenan Flagler Business School.[7]

Notes and References

  1. Web site: Ospraie's Anderson Dives Into Commodities, Survives Swoon . 29 October 2007 . .
  2. Web site: Executive Profile Dwight Walter Anderson . 16 March 2016. .
  3. Web site: Ospraie Management LLC. . March 4, 2021.
  4. Web site: Anderson gift supports professorship in energy and environment. July 1, 2008 . .
  5. Web site: Boards UNC Kenan-Flagler Board of Visitors. March 20, 2016. UNC Kenan–Flagler Business School. March 5, 2016. https://web.archive.org/web/20160305221024/http://www.kenan-flagler.unc.edu/development/boards. dead.
  6. Book: Burton, Katherine . 2007 . Hedge Hunters: Hedge Fund Masters on the Rewards, the Risk, and the Reckoning . . 152 . 9781576602454.
  7. Web site: 2007 UNC Kenan-Flagler Alumni Awards . March 19, 2016. UNC Kenan–Flagler Business School.
  8. Web site: Ospraie Said to Back New Metals Firm Run by Ex-Noble Traders . De Sousa . Agnieszka . Deaux . Joe . 11 October 2015 . .
  9. Web site: Dwight Anderson's Wild Ride . 29 October 2007 . Bloomberg Markets.
  10. Web site: INVESTOR PROFILE-Ospraie's Anderson lures back commod investors . 25 March 2010 . Trade Intelligence .
  11. Web site: Ospraie weighs options for agtech venture strategy. Agri Investor. March 3, 2021.