Greg Coffey

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Template:Short description Template:Use dmy dates Template:Use Australian English Script error: No such module "infobox".Script error: No such module "Check for unknown parameters".Script error: No such module "Check for clobbered parameters".Template:Wikidata image Greg Coffey is an Australian hedge fund manager based in London. Nicknamed "The Wizard of Oz" during his time at GLG Partners and Moore Capital Management, in 2012 he declared retirement at the age of 41 and returned to Sydney.[1] In early 2018, Coffey's plans to launch a new fund were announced.[2]

Early life and education

Coffey attended St. Patrick's College, Strathfield, matriculating in 1988.

Coffey graduated with a Bachelor of Economics from Macquarie University in 1995.[3]

Career

Coffey joined Macquarie Bank in 1993 and in 1994 traded emerging-market equity derivatives at Bankers Trust and Deutsche Bank AG.[4] Coffey was hired by Blueborder Partners, a George Soros related hedge fund and was then hired by Bank Austria to oversee global equity proprietary trading.

Coffey was then a trader at GLG Partners (GLG), and is estimated to have earned Template:GBP170 million in 2007 after increasing by 51% the value of his emerging markets fund.[5] In April 2008 he announced his departure from GLG, effective in October, and leaving behind his Template:AUD200 million GLG Partners compensation package. Industry sources estimated that Coffey had been responsible for two-thirds of GLG's performance fees during his time there.[6][7] In November 2008 became co-chief investment officer of Moore Europe Capital Management, a subsidiary of Moore Capital Management.[8][9][10][11] In October 2012, at the age of 41, he announced his retirement.[12][13]

In December 2017, it was rumoured that Coffey would launch a new hedge fund.[14] In February 2018, Kirkoswald Capital Partners[15] was reported to have commitments from investors of Template:AUD3.5 billion. The size of the new fund would be capped at Template:AUD2 billion and offices will be headquartered in London.[2]

Personal life

Coffey is married to Ania Brzezinski, and they reside in the Sydney suburb of Template:NSWcity. They also own a ski chalet in Switzerland, a house in London's Chelsea,[16] and, in 2022, acquired a Script error: No such module "convert". estate in Southampton, New York for Template:USD105 million;[17] previously owned by Anne McDonnell, the first wife of Henry Ford II.[18]

In November 2010, Coffey bought Ardfin Estate, a Script error: No such module "convert". sporting estate on the island of Jura in Scotland.[19] The purchase attracted controversy and concern over Coffey's decision to close the estate's public gardens, whose 2,500 visitors a year formed a significant source of income for Jura.[20] In 2011, a spokesperson for Coffey said that his "full intention" was to re-open the gardens during 2012, but the gardens have remained closed.[21] Coffey constructed an 18-hole private golf course on the estate. The work was completed in 2018 and the course opened in spring 2019.[22][23]

Net worth

In 2013, Coffey was listed on the Sunday Times Rich List with an assessed net worth of Template:GBP260 million.[24] since May 2025Template:Dated maintenance category (articles)Script error: No such module "Check for unknown parameters"., the Financial Review assessed Coffey's net worth as Template:AUD1.24 billion on the 2025 Rich List.[25]

Year Financial Review
Rich List
Forbes
Australia's 50 Richest
Rank Net worth (A$) Rank Net worth (US$)
2008[26][note a] $300 million
2009
2010[27] $335 million
2011
2012[28][note a] $665 million Increase
2013[24]
2014
2015
2016
2017[29][30] $482 million
2018[31] Template:Nts Increase $486 million Increase
2019[32] Template:Nts Decrease $491 million Increase
2020[33] Template:Nts Increase $655 million Increase
2021[34] Template:Nts Decrease $668 million Increase
2022 Template:Nts Template:Up $862 million Template:Up
2023[35] Template:Nts Template:Up $989 million Template:Up
2024[36] $1.10 billion Template:Up
2025[25] Template:Nts Template:Up $1.24 billion Template:Up
Legend
Icon Description
Steady Has not changed from the previous year
Increase Has increased from the previous year
Decrease Has decreased from the previous year

Notes

  • <templatestyles src="Citation/styles.css"/>^a : Net worth drawn from the BRW Young Rich List

References

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