The 2014 Hedge Fund Rising Stars: Gray Smith
With a Harvard economics degree in hand, Smith began building his career in 2003 by working at such firms as Lehman Brothers, Millennium Management and, since 2009, Caxton Associates.
Although his hometown, just outside Atlanta, wasnt
much of an Ivy League recruitment area, Gray Smith knew early
on that he wanted to attend Harvard University and work on Wall
Street. After graduating from Harvard with an economics degree
in 2003, Smith landed in the media investment banking group at
Lehman Brothers Holdings. But he soon realized that he was more
interested in real estate and moved to New Yorkbased
hedge fund Millennium Management in 2005 as part of a real
estate and real estaterelated investment team. Smith, 33,
left Millennium after the 2008 market meltdown for little-known
but well-respected hedge fund firm J Goldman & Co. at the
end of 2009. In February, seeking to further expand his
horizons, he joined New Yorkbased multistrategy hedge
fund Caxton Associates as a consumer portfolio manager.