Lawrence E. Golub

Last updated
Lawrence E. Golub
Nationality American
Education JD-MBA
B.A.
Alma mater Harvard Law School
Harvard Business School
Harvard College
Occupation(s) entrepreneur
philanthropist
business executive
Known forCEO, Golub Capital
Title Golub Capital, (CEO)
Spouse Karen Finerman
Website Lawrence Golub - LinkedIn

Lawrence E. Golub is an American entrepreneur, philanthropist, and business executive. He is the CEO of Golub Capital, [1] a credit asset management company he founded in 1994. Prior to Golub Capital, he had management careers with Bankers Trust Company and Allen & Company. Golub sits on the board of numerous organizations, including Harvard University's JD-MBA Alumni Association. He is one of three private members of the Financial Control Board of the State of New York. [2]

Contents

Golub is a supporter of philanthropic efforts, most notably organizations for medical research for Parkinson's disease. [3]

Early life and education

Golub grew up in New York, his parents both from poor immigrant families. [4] He attended Harvard College, where he received his Bachelor of Arts degree magna cum laude. [5] Golub had an interest in science since high school, studying the emerging DNA technology of the time. He took pre-med classes in college but decided to switch to a major in business. [3] Golub went on to attend Harvard Law School and Harvard Business School, earning both a JD and an MBA through the school's joint degree program. Golub also founded the Harvard University JD-MBA Alumni Association. [6] [7] He was selected as a Baker Scholar at Harvard Business School and was an editor at the Harvard Law Review . [8]

Career

During his early career, Golub spent his time working for various well-known banks. [9] He started his career at Allen & Company where he engaged in private equity, leveraged finance, and mergers and acquisitions. [4] He went on to become a Managing Director at Wasserstein Perella where he established the firm's capital markets group and debt restructuring practice. [4] Golub was a White House Fellow and served for fifteen years as Treasurer of the White House Fellows Foundation. [8] Prior to starting Golub Capital, he worked as a Managing Director of Bankers Trust Company. [4]

Golub founded the U.S.-focused credit asset management company Golub Capital in 1994. [4] The firm has primary business lines in middle market lending, late stage lending, and broadly syndicated loans. [10] The firm is also affiliated with Golub Capital BDC, Inc., a business development company that trades on the NASDAQ under the stock ticker symbol, GBDC. Golub Capital is one of the largest non-bank middle market lenders and providers of senior debt. [10] In 2016, the firm was named "Lender of the Year" by Private Debt Investor. [10]

Golub serves on the board of numerous organizations, including as President of the Harvard University JD-MBA Alumni Association. He is one of three private members of the Financial Control Board of the State of New York. [2] He is also a member of the Harvard University Committee on University Resources. [11]

Personal life

Golub is married to American businesswoman and television personality Karen Finerman, president and chief executive of New York-based hedge fund Metropolitan Capital Advisors. [4]

Golub is active in charitable and civic organizations. Golub and his family actively support medical research to advance treatments for Parkinson's disease at several leading institutions. [3] In 2001, he established the Golub Stem Cell Initiative for Parkinson's with a $500,000 donation to the New York Stem Cell Foundation. [3] He also funded a Parkinson's research effort within the Harvard Stem Cell Institute, which currently focuses on Parkinson's, juvenile diabetes, and ALS. [11]

Golub was Chairman of Mosholu Preservation Corporation, a non-profit developer and manager of low-income housing in the Bronx. [12] He served for fifteen years as a trustee of Montefiore Medical Center, the university hospital of the Albert Einstein College of Medicine. [13] He also served for six years as a trustee of Horace Mann School and for five years on the Harvard University Committee for Science and Engineering. [11] [14]

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References

  1. ↑ "Lawrence Golub, Eugene Ludwig on Where the Financing Is". The Wall Street Journal. 5 October 2015. Retrieved 9 November 2015.
  2. 1 2 Goldenberg, Sally (29 July 2014). "De Blasio gets high marks for city's fiscal plan". Capital New York. Retrieved 9 November 2015.
  3. 1 2 3 4 West, Melanie Grayce (22 June 2011). "Couple Aids Parkinson's Research". The Wall Street Journal. Retrieved 9 November 2015.
  4. 1 2 3 4 5 6 Papavassiliou, Stuart P. (October 2010). "Golub Capital - Unique in Every Aspect". ABF Journal. Retrieved 9 November 2015.
  5. ↑ "Harvard Stories - Lawrence Golub (video)". Harvard University. Retrieved 9 November 2015.
  6. ↑ Wee, Gillian (27 September 2010). "Fixing Harvard Endowment Failures Will Take Mendilo Five Years". Bloomberg Business. Retrieved 9 November 2015.
  7. ↑ Lattman, Peter (9 July 2012). "Romney, at Harvard, Merged Two Worlds". The New York Times. Retrieved 9 November 2015.
  8. 1 2 Wroblewska, Anna (7 July 2014). "How Golub Capital BDC Inc Built a Hurricane-Proof Balance Sheet". The Motley Fool. Retrieved 9 November 2015.
  9. ↑ "Pockets of credit; Middle-market banking". The Economist. 19 November 2011. Archived from the original on 9 April 2016. Retrieved 9 November 2015.
  10. 1 2 3 Wroblewska, Anna (26 June 2014). "The Secret to Golub Capital BDC Inc's Success". The Motley Fool. Retrieved 9 November 2015.
  11. 1 2 3 "Investing In a Cure: The Golub Family Donates Generously to Fight Parkinson's Disease". Investment Dealer's Digest. 7 May 2007. Archived from the original on 20 November 2018. Retrieved 9 November 2015.
  12. ↑ "Financing Public-To-Private Companies: Lawrence Golub - Golub Associates Inc". The Wall Street Transcript. 4 March 2004. Retrieved 9 November 2015.
  13. ↑ "Strategic M&A Deals - Regions, Sectors and Structures". The Deal. Retrieved 9 November 2015.
  14. ↑ "Outstanding Investor Speaker Series Features Lawrence Golub, HBS '83". Harvard Business School Club of New York. Retrieved 9 November 2015.
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