Stanley Golder

Add links
Source: Wikipedia, the free encyclopedia.
Stanley C. Golder
Born(1929-02-16)February 16, 1929
DiedJanuary 5, 2000(2000-01-05) (aged 70)
Winnetka, Illinois
Nationality United States
Known forPrivate equity investor, Founder of GTCR and First Chicago Investment Corporation

Stanley C. Golder (February 16, 1929 – January 5, 2000) was an American

financier and venture capitalist.[1][2]

He is the namesake of the Stanley C. Golder Center for the Study of Private Equity at the

B.S., 1951).[2]

Career

His early jobs were with

First National Bank of Chicago and its affiliates, promoted up to executive vice president. In early 1970s he was made president of First Capital Corporation of Chicago and First Chicago Investment Corporation.[2]

In the 1970s, Golder built the private equity program at First Chicago Corp.[3] where he is noted primarily for backing Federal Express and for efforts as chairman of the National Venture Capital Association and the National Association of Small Business Investment Companies to change federal laws allowing pensions to invest in private equity.[4][5]

In 1980 he left First Chicago to found "

Madison Dearborn
.

Personal

Stanley Golder was married to Joan Jacobi Golder.[2]

He was president of the Chicago chapter of the American Jewish Committee[6]

In 1994 the Golders received the Human Rights Medallion from the American Jewish Committee.[2]

Among Golders' charitable deeds was a $1.5 million gift to the UIUC to endow the Stanley C. and Joan J. Golder Distinguished Chair in Corporate Finance.[2]

Stanley Golder died of

Evanston Hospital.[6]

References

  1. ^
    University of Illinois at Urbana-Champaign
    , about Stanley Golder, M&A Advisor, November 30, 2007
  2. ^ a b c d e f g Stanley C. Golder, a donor profile at the UIUC website
  3. Bank One
  4. ^ In 1978, the US Labor Department relaxed certain of the ERISA restrictions, under the "prudent man rule," a fiduciary responsibility of investment managers under ERISA. Under the original application, each investment was expected to adhere to risk standards on its own merits, limiting the ability of investment managers to make any investments deemed potentially risky. Under the revised 1978 interpretation, the concept of portfolio diversification of risk, measuring risk at the aggregate portfolio level rather than the investment level to satisfy fiduciary standards would also be accepted.
  5. ^ Private Equity Pioneer Golder Dies. Buyouts, January 24, 2000. Archived July 26, 2009, at the Wayback Machine
  6. ^ a b "Stanley Golder, venture capitalist", an obituary by Stephanie Zimmermann, Chicago Sun-Times, January 10, 2000.


Retrieved from "https://en.wikipedia.org/w/index.php?title=Stanley_Golder&oldid=1170445582"