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John K. Castle | |
|---|---|
 John K Castle of Castle Harlan | |
| Personal details | |
| Born | John K Castle |
| Nationality | American |
John K. Castle is chairman and chief executive officer of Castle Harlan, Inc., [1] the chairman of Branford Castle, Inc. and the co-founder of Castle Connolly Medical. [2] [3]
Castle Connolly Medical Ltd. has historically published New York's Top Doctors and America’s Top Doctors. [4] [5] Castle Connolly was sold to Everyday Health Group in December 2018. [6] [7] [8]
With his expertise in Science, Mathematics and Economics, Castle co-founded the institutional private equity market in the late 1960s. [9] Throughout his career, he has been the owner and controller of the following corporations: Delaware Management, Ethan Allen, Ames True Temper and several restaurant chains (including Perkins, Marie Callender's and Morton's Steakhouses. [10] He has also served as a director of the Equitable Life Assurance Society of the US.
In 1986, he launched Castle Harlan. Prior to that he was president and CEO of Donaldson, Lufkin & Jenrette, Inc. [11] and a director of the Equitable Life Assurance Society of the US. [12]
In 1969 – as chairman of DLJ's Merchant Banking and Sprout Group – Castle was a pioneer in the promotion of the use of limited partnerships as a means for pension funds and other large institutions to invest private capital into companies. [13]
In 2015, Castle was the recipient of the 2015 Peter Hilton Founder’s Award. [14] He was the 2017 Happy Warrior Award recipient of The Alfred E. Smith Memorial Foundation. [15]
Castle has endowed one Associate/Assistant Professorship in Economics and five graduate fellowships at The Massachusetts Institute of Technology. [16]
Castle has a Bachelor’s Degree from the Massachusetts Institute of Technology, and an MBA from Harvard Business School where he was a Baker Scholar with High Distinction. He has been awarded four Honorary Doctorate degrees of Humane Letters. [17] One was from Franklin Pierce University. [18]
In 1995, Castle purchased and restored the Palm Beach estate formerly owned by the Kennedy family [19] (best known as John F. Kennedy’s Winter White House). In May 2015, Castle and his wife, Marianne, sold the estate for $31 million to TGS Florida LLC, managed by Jane H. Goldman of New York. [20]
John K. Castle is married to Marianne with whom he has three sons, Dr. James Castle from Highland Park, Illinois, William Castle from Alexandria, Virginia, and John S. Castle. [21]
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Donaldson, Lufkin & Jenrette (DLJ) was a U.S. investment bank founded by William H. Donaldson, Richard Jenrette, and Dan Lufkin in 1959. Its businesses included securities underwriting; sales and trading; investment and merchant banking; financial advisory services; investment research; venture capital; correspondent brokerage services; online, interactive brokerage services; and asset management.
Richard Hampton Jenrette was an American businessman who co-founded the investment bank Donaldson, Lufkin & Jenrette (DLJ).
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