Briefing About Vega Asset Management

Caxton Associates LP, is a New York-based trading and investment firm formed as the successor to Caxton Corporation, which was founded in 1983 by Mr. Bruce Kovner.  Caxton Associates' primary business is to manage client and proprietary capital through global macro hedge fund strategies as well as other alternative investment disciplines.  Assets are managed via a broad mandate to trade in a variety of global markets and instruments.  Caxton Associates and its affiliates currently manage approximately $8.3 billion in assets.

Caxton employs a staff of approximately 270 people, including traders, research analysts and administrative personnel in its offices in New York, London and Princeton, NJ.

Caxton Associates is a Delaware limited partnership and is registered as an Investment Adviser with the U.S. Securities and Exchange Commission.  The firm is also registered pursuant to the Commodity Exchange Act, as amended, as a commodity pool operator and commodity trading advisor and is a member of the National Futures Association as a CPO and a CTA.

According to http://www.forbes.com, Bruce Kovner is a self made millionaire with a net worth of $900 million.  Actually Bruce sounds like a rags to riches success story in that he dropped out of a Harvard Ph.D. program as he ran out of things to say for dissertation. Later becoming a NYC cabbie and playing the harpsichord at Juilliard, he eventually borrowed $3,000 on a credit card to trade commodities age 31.

Crafting his skills with the likes of veteran Michael Marcus at Commodities Corp., he later went on to found Caxton Corporation in 1983, making a fortune trading oil and interest rates. His entity closed funds to new investors 1992.