{{Short description|American hedge fund advisor and published author}} {{Infobox person | name = Steven Drobny | image = | caption = | birth_name = Steven Edward Drobny | occupation = Founder & CEO of [http://www.clocktowergroup.com Clocktower Group] | alma_mater = Bucknell University <small>(B.S.)</small><br />London School of Economics and Political Science <small>(M.Sc)</small> }}
'''Steven Edward Drobny''' (born April 29, 1972) is an American hedge fund advisor and published author. He is the founder of Clocktower Group, a consulting and investment advisory business focused on fundamental discretionary global macro and commodity hedge fund strategies.<ref name="company_web">{{cite web |title=clocktowergroup.com |url=http://www.clocktowergroup.com|publisher=Clocktower Group, L.P.|accessdate=4 April 2021}}</ref> Drobny is the author of ''The Invisible Hands: Top Hedge Funds on Bubbles, Crashes and Rethinking Real Money (John Wiley & Sons, 2010)''<ref name="book 2">{{cite web|title=The Invisible Hands|url=https://www.wiley.com/en-us/The+Invisible+Hands%3A+Top+Hedge+Fund+Traders+on+Bubbles%2C+Crashes%2C+and+Real+Money%2C+Revised+and+Updated-p-9781118865620|publisher=John Wiley & Sons, Inc.|accessdate=22 November 2024}}</ref> and ''Inside the House of Money: Top Hedge Fund Traders on Profiting in the Global Markets (John Wiley & Sons, 2006)''<ref name="book 1">{{cite web|title=Inside the House of Money|url=https://www.wiley.com/en-us/Inside+the+House+of+Money%3A+Top+Hedge+Fund+Traders+on+Profiting+in+the+Global+Markets%2C+Revised+and+Updated-p-9781118865729|publisher=John Wiley & Sons, Inc.|accessdate=22 November 2024}}</ref>
== Education and career ==
Drobny attended Bucknell University, graduating with a Bachelor of Science in Business Administration. Subsequently, he received a MSc in Finance and Accounting from the London School of Economics and Political Science.<ref name="company_web" />
Steven Drobny founded Clocktower Group in 2007 and leads the firm's asset management, consulting and investment advisory business. The firm helps pensions, endowments, family offices, asset managers and other institutional investors run better businesses and build more effective investment portfolios through thoughtful and strategic use of external allocations to global macro and commodity hedge fund managers.<ref name="company_web" />
In October 2014, it was announced that Drobny joined the advisory board of [https://web.archive.org/web/20150212014214/http://ergo.net/leadership.html Ergo], a global intelligence and advisory firm.<ref>[https://www.prnewswire.com/news-releases/steven-drobny-joins-ergo-advisory-board-279109451.html Steven Drobny Joins Ergo Advisory Board ], PR Newswire, 14 October 2014, Retrieved 15 October 2014</ref>
Drobny was formerly with Deutsche Bank in the Hedge Fund Group and also with AIG Trading.<ref name="company_web" />
== Books == *In 2006, Drobny published his first book, ''Inside the House of Money: Top Hedge Fund Traders on Profiting in the Global Markets (John Wiley & Sons, 2006)'', which defined global macro as a strategy, featuring interviews with some of the top hedge fund managers at the time across the breadth of sub-strategies comprised within the broad strategy of global macro. The revised edition includes a foreword by Niall Ferguson. A partial list of interviewees includes Peter Thiel, Scott Bessent, and Jim Rogers.<ref name="book 1" /> *In 2010, Drobny published ''The Invisible Hands: Top Hedge Funds on Bubbles, Crashes and Rethinking Real Money (John Wiley & Sons, 2010)'', a work born out of the crisis of 2008. In this book, Drobny interviewed macro hedge fund managers who preserved capital or profited through the crisis, focusing on elements of their investment processes that could be incorporated by real money managers (pensions, university endowments, sovereign wealth funds, family offices, charitable foundations, and others). The work was named one of the best business books of 2010 by Bloomberg.<ref name="book 2" /><ref name="Bloomberg Top 50">{{cite web|title=Top 50 Business Books|url=https://www.bloomberg.com/news/2010-05-27/top-50-business-books-animal-spirits-to-what-the-dog-saw-.html|publisher=Bloomberg News|accessdate=6 June 2013}}</ref> *''The New House of Money (John Wiley & Sons, 2014)'', Drobny's third book, was released on December 3, 2013, through Clocktower Group's website as serialized chapters available for free download. The first chapter is an extended interview with Kyle Bass of Hayman Capital Management . The book features interview discussions with leading hedge fund managers focused on the changes to the global financial landscape since the credit crisis. The serial release format and the emphasis on the evolution of markets in recent years provide a synthesis of Drobny's prior two books.<ref name="company_web" />
== Media appearances ==
Steven Drobny has made appearances on Bloomberg Television and is a regular speaker and moderator at hedge fund conferences within the US and Europe.<ref name="Bloomberg Television">{{cite web|title=Bloomberg Television - Steve Drobny|url=http://search1.bloomberg.com/search/?content_type=video&page=1&template=tv&q=steven%20drobny|accessdate=6 June 2013}}</ref><ref name="Milken">{{cite web|title=Milken Global Conference 2012|url=http://www.milkeninstitute.org/events/gcprogram.taf?function=bio&EventID=gc12&SPID=7417}}</ref><ref name="AIC 2012">{{cite web|title=London School of Economics SU Alternative Investments Conference (AIC) 2012|url=http://2012.lseaic.com/Agenda/HedgeFundDay.aspx|url-status=dead|archive-url=https://archive.today/20130710024807/http://2012.lseaic.com/Agenda/HedgeFundDay.aspx|archive-date=2013-07-10|df=}}</ref>
== References ==
{{Reflist}}
== Further reading ==
* {{Cite book|last=Drobny|first=Steven|title=Inside the House of Money|publisher=Wiley|year=2009|url=https://www.amazon.com/Inside-House-Money-Revised-Updated/dp/047037909X|isbn=0-470-37909-X}} * {{Cite book|last=Drobny|first=Steven|title=The Invisible Hands|publisher=Wiley|year=2011|url=https://www.amazon.com/The-Invisible-Hands-Traders-Bubbles/dp/1118065484/|isbn=1-118-06548-4}} * {{Cite book|last=Drobny|first=Steven|title=The New House of Money|publisher=Wiley|year=2014|url=http://www.drobnycapital.com/books}}
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{{DEFAULTSORT:Drobny, Steven}} Category:1972 births Category:Living people Category:American businesspeople in finance Category:Bucknell University alumni Category:Alumni of the London School of Economics