We present high-quality , Keck spectroscopic data for a sample of 20 globular clusters ( GCs ) in the massive E0 galaxy NGC 1407 . A subset of twenty line-strength indices of the Lick/IDS system have been measured for both the GC system and the central integrated star-light of the galaxy . Ages , metallicities and [ \alpha /Fe ] ratios have been derived using several different approaches . The majority GCs in NGC 1407 studied are old , follow a tight metallicity sequence reaching values slightly above solar , and exhibit mean [ \alpha /Fe ] ratios of \sim 0.3 dex . In addition , three GCs are formally derived to be young ( \sim 4 Gyr ) , but we argue that they are actually old GCs hosting blue horizontal branches . We report , for the first time , evidence for the existence of two chemically-distinct subpopulations of metal-rich ( MR ) GCs . We find some MR GCs exhibit significantly larger [ Mg/Fe ] and [ C/Fe ] ratios . Different star formation time-scales are proposed to explain the correlation between Mg and C abundances . We also find striking CN overabundances over the entire GC metallicity range . Interestingly , the behavior of C and N in metal-poor ( MP ) GCs clearly deviates from the one in MR GCs . In particular , for MR GCs , N increases dramatically while C essentially saturates . This may be interpreted as a consequence of the increasing importance of the CNO cycle with increasing metallicity .