William Browder is the Founder and CEO of Hermitage Capital Management, a leading global asset management firm. Mr. Browder started Hermitage Capital Management in 1996 in partnership with the late Edmond Safra. After eleven years of investing exclusively in Russia, in April 2007 Mr. Browder launched Hermitage Global, a deep-value fund focusing on the Middle East and other emerging markets. The firm’s Russian product, the Hermitage Fund, was named the “2005 Fund of the Year” by EuroHedge (Emerging Markets Equities category) and has been consistently ranked among the best emerging market and global hedge funds.

Mr. Browder is a leading global shareholder rights activist and an outspoken fighter for better corporate governance at Russian and other emerging markets companies. He and Hermitage have been credited with a number of breakthroughs in improving corporate standards at major Russian companies, including Gazprom, Sberbank and Unified Energy Systems. He also spearheaded radical changes in Russian corporate law, including the creation of pre-emptive rights for all minority shareholders in Russian companies and the introduction of cumulative voting for director elections.

Mr. Browder was named a Young Global Leader by the World Economic Forum in 2005 and is a Henry Crown Fellow at the Aspen Institute. The Financial News named him a 2005 “Person to Watch,” and Global Fund Analysis awarded him an Industry Achievement Award in 2004.

He currently serves on the World Economic Forum’s Global Agenda Council on Governance and also sits as Chairman of the Russia Task Force for the Institute of International Finance. He is a member of the OECD/World Bank Roundtable on Corporate Governance in Russia.

Prior to starting Hermitage, Mr. Browder was Vice President at Salomon Brothers where he managed the firm’s proprietary investments in Russia. He received an MBA from Stanford Business School and a BA in Economics with honors from the University of Chicago.

William Browder
CEO & Founder
Hermitage Capital Limited

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