[1] He and Marshall, along with another hedge fund manager Arpad Busson, co-founded a children's non-profit, Absolute Return for Kids (ARK) in 2001.

[6] In September 2015, they announced a long-term strategic partnership with the private equity firm Kohlberg Kravis Roberts (KKR), which acquired a 24.9% stake in Marshall Wace, which they increased to 29.9% in November 2017.

[7] In 2016, Institutional Investor named Marshall Wace the "best-performing hedge fund in 2015", which manages $22 billion in client money.

Wace will oversee a four-year development to Tanera Mòr, which could become an "idyllic retreat capable of hosting up to 60 paying guests".

[18][9] In 2001, he joined with his partner Paul Marshall and Arpad Busson, another hedge fund manager, to try to address the plight of Romanian orphans in 2001.