Roy Niederhoffer

His paternal great-grandparents had moved from Austria to the Lower East Side of Manhattan in the late 1800s.

His paternal grandfather Martin (Martie), an accountant and court interpreter, married Birdie (née Kuminsky) in 1916.

His maternal grandparents were Sam and Gertrude Eisenberg.

His father, Dr. Arthur "Artie" Niederhoffer (1917–1981), graduated from Brooklyn College in 1937, and then from Brooklyn Law School, and finally with a Ph.D. from New York University (1963).

His father served in the New York City Police Department for 21 years (retiring as a lieutenant), and then taught as a professor of sociology at John Jay College of Criminal Justice for 14 years.

His father also taught at Hofstra University, Brooklyn College, New York University, Queens College, and the New York City Police Academy, authored several books on the police and criminology including Behind the Shield, The Ambivalent Force, The Gang, and The Police Family: From Station House to Ranch House (co-authored with his wife), and was awarded the President's Medal of John Jay College for his achievements in criminal justice.

His mother, Elaine (née Eisenberg) Niederhoffer (1925–2006), was an English teacher, author, and editor who had descended from a long line of rabbis.

He has a brother, Victor Niederhoffer, a hedge fund manager and former five-time United States squash singles champion.

He also has a sister, Dr. Diane Niederhoffer Klein, a clinical psychologist.

Niederhoffer grew up without a television in his home.

He is the uncle of director and author Galt Niederhoffer.

He is married to Jenny Niederhoffer, and the family lives in Manhattan.

Niederhoffer attended Great Neck South High School, where he was co-editor of the school paper, The Southerner.

Roy Gary Niederhoffer (born 1966) is an American hedge fund manager.

He graduated in 1983.

He graduated from Harvard College magna cum laude in 1987, with a BA in computational neuroscience.

In 1993 he founded R. G. Niederhoffer Capital Management, Inc., (RGNCM), a hedge fund known as a managed futures fund or commodity futures trading company, and he serves as its president.

The hedge fund invests in public equity, fixed income, currency, and commodity markets across the globe, as well as in derivatives including spot currencies, futures contracts, forward contracts, swaps, and options.

From its inception in 1993 through May 2009, it had annualized returns of approximately 12%, over twice the average of the market

From 1999 through March 2009, the firm's annualized gain exceeded 17%.

(+60% in 2000, and +51% in 2008—when the S&P 500 was down 37%).

His firm was noted for strong performance during the financial crisis of 2007–2010.

In May 2009 Barrons reported that the fund ranked ninth in its survey of the top 100 hedge funds.

He was also the Executive Producer of The Flying Karamazov Brothers, which played Off-Broadway in 2010 and in London's West End in 2011.

Niederhoffer was born and raised in Great Neck, New York.

He delivered relief to victims of Hurricane Sandy in 2012, saying "We can't rely on the government for all of this."

In October 2015, Niederhoffer was presented with the Johanna and Leslie Garfield Award for Arts Philanthropy at the New York Youth Symphony's 53rd Annual Benefit Gala.

Niederhoffer is also a violinist with and founding member of the Park Avenue Chamber Symphony.

As of April 2016, the fund had earned an annualized 18.73% since it was started.

As of June 2016, the firm's assets under management were $900 million.

Niederhoffer is a former chairman of the board of the New York City Opera (NYCO), which presents opera at the Rose Theater at Jazz at Lincoln Center and other venues around New York City, and was chairman of NYCO Renaissance, a group that revived the NYCO after a two-year shutdown, in January 2016.

He created the Niederhoffer Foundation, which is active in music education, Jewish causes, and delivering aid to the needy.

Niederhoffer serves as chairman of the board of directors of The Harmony Program, which provides daily music lessons and free musical instruments to over 200 New York City Public School and Long Island students in under-served areas, and the Concert Artists Guild.

He has also served on the board of the Kaufman Center (consisting of the Special Music School, Lucy Moses School, and Merkin Concert Hall).

As of June 2017, the annualized fund returns dropped to 3.58%.

Niederhoffer uses an investment strategy known as short-term trading.

He developed his strategy after tracking and analyzing short-term trading patterns.

He wrote the original computer code to test and run his complicated, high-frequency, automatic-trading strategy in over 50 financial and commodity markets in developed countries.

His company uses quantitative analysis to decide upon its investments, obtaining external research to complement its own in-house research.

He is of the view that movements in stock, currency, and commodity prices lead to patterns of short-term investor responses that can be anticipated.