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David Kabiller – Billionaire

David G. Kabiller is a Founder, Founding Principal, and Head of Business Development of AQR Capital Management, along with Cliff Asness, John M. Liew and Robert Krail. He initiated AQR’s international growth and its introduction of mutual funds and reinsurance as well as the creation of the AQR University symposia series and the AQR Insight Award for outstanding innovation in applied academic research.

Early life and education

Kabiller was born to a Jewish family, the son of Elaine (nee Tunick) and Irving Kabiller. He has one sister, Sari Kabiller Battista. He earned a B.A. in economics and an M.B.A. from Northwestern University, where he received an athletic scholarship to play tennis and was named to the Big Ten Conference Academic All-Conference team.

Career

After school, he worked as a vice president at Goldman, Sachs & Co.

Kabiller has co-authored papers on topics including derivatives, enhanced indexation, securities lending, insurance-linked securities, hedge funds and the secret of Warren Buffett’s investing acumen. He was profiled in Scott Patterson’s book The Quants.

Philanthropy

He is a member of the Northwestern University Board of Trustees and large donor to both academic and athletic scholarship programs. He is a member of the Advisory Council of the AQR Asset Management Institute at London Business School and also serves on the Board of Trustees for the Terra Foundation for American Art. He is chairman of the Executive Council of the International Institute for Nanotechnology and donates $250,000 for a biannual Kabiller Prize in Nanoscience and Nanomedicine plus a $10,000 Kabiller Young Investigator Award in Nanoscience and Nanomedicine. He created NU for Life, a program to provide mentoring and career development for Northwestern University athletes.

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