Bruce Kovner Appointed to the Board of Institute for Advanced Study

The Institute for Advanced Study has appointed Bruce Kovner, Founder and Chairman of Caxton Associates LP, to the Board of Trustees, effective October 30, 2010.

Kovner received a B.A. from Harvard University in 1966. After an early career as trader with Commodities Corporation, a financial services company based in Princeton, N.J., in 1983 he founded Caxton Associates LLC, a diversified trading company that manages hedge funds active in currency, interest rate, commodity and equity markets.

Kovner is Chairman of the Board of the Juilliard School, Vice Chair of the Board of Directors of Lincoln Center for the Performing Arts, and serves on the boards of the Metropolitan Opera and Synta Pharmaceuticals Corp. He is a Trustee and the former Chairman of the American Enterprise Institute.

About the Institute for Advanced Study

The Institute for Advanced Study is one of the world’s leading centers for theoretical research and intellectual inquiry. The Institute exists to encourage and support curiosity-driven research in the sciences and humanities—the original, often speculative thinking that produces advances in knowledge that change the way we understand the world. Work at the Institute takes place in four Schools: Historical Studies, Mathematics, Natural Sciences and Social Science. It provides for the mentoring of scholars by a permanent Faculty of approximately 30, and it ensures the freedom to undertake research that will make significant contributions in any of the broad range of fields in the sciences and humanities studied at the Institute.

The Institute, founded in 1930, is a private, independent academic institution located in Princeton, New Jersey. Its more than 6,000 former Members hold positions of intellectual and scientific leadership throughout the academic world. Thirty-three Nobel Laureates and 40 out of 56 Fields Medalists, as well as many winners of the Wolf and MacArthur prizes, have been affiliated with the Institute.