Marc Mezvinsky

Last updated
Marc Mezvinsky
Marc Mezvinsky updated 2018 (1).jpg
Mezvinsky in 2017
Born
Marc Mezvinsky

(1977-12-10) December 10, 1977 (age 46)
Philadelphia, Pennsylvania, U.S.
Education Stanford University (BA)
Pembroke College, Oxford (MA)
Political party Democratic
Spouse
​
(m. 2010)​
Children3
Parents
Relatives Norton Mezvinsky (Uncle)
Bill Clinton (Father in-law)
Hillary Clinton (Mother in-law)

Marc Mezvinsky (born December 10, 1977) is an American investor and partner at TPG. [1] He has served previously as vice chairman at Social Capital. [2] He is the husband of Chelsea Clinton, daughter of former President Bill Clinton and former Secretary of State Hillary Clinton. [3]

Contents

Early life and education

Mezvinsky was born in Philadelphia, Pennsylvania, and grew up attending a Conservative Jewish synagogue [4] and Friends' Central School, a Quaker school outside of Philadelphia. His parents are both former Democratic members of the U.S. House of Representatives. His father is Edward Mezvinsky (b. 1937) and his mother is Marjorie Margolies (b. 1942). [5]

Mezvinsky has 10 brothers and sisters, including five adopted siblings. [6] His mother wrote a book, They Came to Stay, about her experiences adopting children from Korea and Vietnam as a single woman. [7] The Mezvinskys took a number of refugee families into their home and arranged surgeries and adoptions for distressed children from abroad. [8]

Mezvinsky graduated from Stanford University in 2000, earning a BA in religious studies and philosophy. [9] He then attended Pembroke College, Oxford, where he received his MA in Politics, Philosophy and Economics. [10]

Personal life

Mezvinsky and Clinton at the 2016 Democratic National Convention Chelsea Clinton and Marc Mezvinsky watching Bill Clinton's speech at 2016 DNC.png
Mezvinsky and Clinton at the 2016 Democratic National Convention

Mezvinsky first met Chelsea Clinton as a teenager at a 1993 Democratic political retreat in Hilton Head, South Carolina [11] [12] as Mezvinsky's parents had both been members of Congress [13] and were friends with the Clintons in the 1990s. They were first reported to be a couple in 2005, and became engaged in 2009. [14] In July 2010, Mezvinsky married Chelsea Clinton in an interfaith ceremony in Rhinebeck, New York. [15]

On September 26, 2014, Chelsea Clinton gave birth to their daughter Charlotte Clinton Mezvinsky. [16] On June 18, 2016, Clinton gave birth to their son Aidan Clinton Mezvinsky. [17] [18] On July 22, 2019, she gave birth to their second son, Jasper Clinton Mezvinsky. [19]

Philanthropy

Mezvinsky serves on the board [20] of the Pembroke College Foundation and the Ann Romney Center for Neurologic Diseases, an organization dedicated to transforming the future of medicine through collaboration and patient-centered research. [21] He also served on the board of Madison Square Park Conservancy. [22]

Business career

After graduation, he worked at Goldman Sachs as an emerging markets foreign exchange strategist, and later went on to join the global macro proprietary trading desk. [23] He served as senior partner at 3G Capital [23] before leaving to start his own hedge fund, Eaglevale Partners, a traditional multi-strategy investment fund, focused on currencies, commodities and bonds. [3] Eaglevale Partners closed in 2016. [24] Mezvinsky joined Social Capital as Vice Chairman in 2017 [25] where he helped the firm manage its business development and growing portfolio of companies. [26] He left Social Capital in the spring of 2018.

In 2019, Mezvinsky joined TPG as a managing director and business unit partner. In 2022, Mezvinsky became a partner of the firm. [27]

Related Research Articles

<span class="mw-page-title-main">Chelsea Clinton</span> American writer (born 1980)

Chelsea Victoria Clinton is an American writer. She is the only child of former U.S. President Bill Clinton and Hillary Clinton, a former U.S. Secretary of State and U.S. Senator.

<span class="mw-page-title-main">Blackstone Inc.</span> American alternative investment company

Blackstone Inc. is an American alternative investment management company based in New York City. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate. Blackstone is also active in credit, infrastructure, hedge funds, insurance, secondaries, and growth equity. As of June 2023, the company's total assets under management were approximately US$1 trillion, making it the largest alternative investment firm globally.

<span class="mw-page-title-main">TPG Inc.</span> American investment company

TPG Inc., previously known as Texas Pacific Group and TPG Capital, is an American private equity firm based in Fort Worth, Texas. TPG manages investment funds in growth capital, venture capital, public equity, and debt investments. The firm invests in a range of industries including consumer/retail, media and telecommunications, industrials, technology, travel, leisure, and health care. TPG became a public company in January 2022, trading on the NASDAQ under the ticker symbol “TPG”.

<span class="mw-page-title-main">Soros Fund Management</span> Private investment firm

Soros Fund Management, LLC is a privately held American investment management firm. It is currently structured as a family office, but formerly as a hedge fund. The firm was founded in 1970 by George Soros and, in 2010, was reported to be one of the most profitable firms in the hedge fund industry, averaging a 20% annual rate of return over four decades. It is headquartered at 250 West 55th Street in New York. As of 2023, Soros Fund Management, LLC had $25 billion in AUM.

<span class="mw-page-title-main">Edward Mezvinsky</span> American politician and convicted felon

Edward Maurice Mezvinsky is an American politician and lawyer from Iowa. He is a former U.S. Representative and felon. A Democrat, he represented Iowa's 1st congressional district in the U.S. House of Representatives for two terms (1973–77).

<span class="mw-page-title-main">Clinton Foundation</span> American non-profit organization

The Clinton Foundation is a nonprofit organization under section 501(c)(3) of the U.S. tax code. It was established by former president of the United States Bill Clinton with the stated mission to "strengthen the capacity of people in the United States and throughout the world to meet the challenges of global interdependence." Its offices are located in New York City and Little Rock, Arkansas.

André Arpad Busson is a French hedge fund manager, investor, and philanthropist. Busson starting working in hedge funds in 1986 in New York. He is the founder and chairman of the EIM Group, a fund of funds company. Busson is also active in a number of philanthropic causes around the globe. According to the French business magazine Challenges, he has a net worth of €500 million at 2013.

Douglas Jay Band is an American businessman and lawyer who is a founding partner and former president of Teneo, a multinational C-suite advisory firm and investment bank. Previously he was Deputy Assistant to President Bill Clinton in the White House and later counselor to President Bill Clinton. Band was the "key architect" of the Clinton post-presidency and he created the Clinton Global Initiative (CGI). Band later worked for the William J. Clinton Foundation, and also traveled to North Korea to orchestrate the release of the two Americans and to Cuba to help secure the release of another American, Alan P. Gross.

<span class="mw-page-title-main">TPG Angelo Gordon</span> American investment management company

TPG Angelo Gordon is a global alternative investment manager founded in 1988 by John Angelo and Michael Gordon who together ran the arbitrage department of L.F. Rothschild in the 1980s. The firm focuses on four main investment disciplines: credit, real estate, private equity, and multi-strategy.

<span class="mw-page-title-main">Private equity in the 2000s</span>

Private equity in the 2000s represents one of the major growth periods in the history of private equity and venture capital. Within the broader private equity industry, two distinct sub-industries, leveraged buyouts and venture capital expanded along parallel and interrelated tracks.

Avenue Capital Group is an American multinational investment firm focusing on distressed securities and private equity with regional teams focusing on opportunities in the United States, Europe and Asia. The firm operates as both a private equity firm and as a hedge fund. Avenue's core strategy is focused on distressed debt and equity securities although the firm also manages investment funds that focus on long-short opportunities, real estate, and collateralized debt obligations. The firm manages assets valued at approximately $9.5 billion. The firm was founded by former professionals of Amroc Investments, an affiliate of the Robert M. Bass Group.

Marc Lasry is a Moroccan American billionaire businessman and private equity manager. He is the co-founder and chief executive officer (CEO) of Avenue Capital Group. He was a co-owner of the NBA's Milwaukee Bucks basketball team from 2014 to 2023.

<span class="mw-page-title-main">Donald Sussman</span> American asset manager (born 1946)

Selwyn Donald Sussman is an American asset manager and philanthropist who is the founder and chief investment officer of the Paloma Funds. Sussman has served on the boards of a number of civic, cultural, educational, and research institutions and is a major contributor to Democratic candidates and causes.

<span class="mw-page-title-main">Davidson Kempner Capital Management</span> Global institutional alternative investment management firm

Davidson Kempner Capital Management LP is a global institutional alternative investment management firm with over $36 billion in assets under management. Davidson Kempner is headquartered in New York City, with additional offices in London, Hong Kong, Dublin, Philadelphia, Shenzhen and Mumbai. The firm is led by Anthony A. Yoseloff who serves as Executive Managing Member and Chief Investment Officer.

Social Capital, formerly known as Social+Capital Partnership, is a venture capital firm based in Palo Alto, California. The firm specializes in technology startups, providing seed funding, venture capital, and private equity.

<span class="mw-page-title-main">Clinton family</span> American political family

The Clinton family is an American political family from New York who originate from Arkansas, who are related to Bill Clinton, the 42nd president of the United States (1993–2001), and his wife Hillary Clinton, the 67th United States secretary of state (2009–2013), senator from New York (2001–2009) and the first lady of the United States (1993–2001). Their immediate family was the First Family of the United States from 1993 to 2001. In 2016, Hillary Clinton became the first female presidential nominee from a major political party in United States history. The Clintons are the first married couple to each be nominated for president. Hillary was defeated in the election by television personality, real estate developer and businessman Donald Trump.

Jeffrey Marc Talpins is the founder and Chief Investment Officer of New York-based hedge fund, Element Capital Management. He is a “macro” trader who uses options to try to capture the upside of — and limit potential losses from — strategies aimed at anticipating global economic shifts.The Wall Street Journal referred to Talpins as “the hedge fund king you’ve never heard of” and “the hottest investor on Wall Street."

Eaglevale Partners was a Manhattan-based, traditional, multi-strategy investment fund focused on currencies, commodities, and bonds. It was founded in 2011 by three former Goldman Sachs colleagues. In 2014, Eaglevale Partners opened a small Greek-focused fund, Eaglevale Hellenic Opportunity, during a tumultuous time in the Greek economy. In May 2016, The New York Times reported that Eaglevale was closing the Hellenic fund after it lost 90% of its value. The firm was managing $330 million at the time, and new investors were expected to invest a minimum of $2 million.

<span class="mw-page-title-main">Blue Owl Capital</span> American alternative asset management firm

Blue Owl Capital Inc. is an American alternative investment asset management company. It is currently listed on the New York Stock Exchange under the ticker symbol: "OWL".

References

  1. ↑ "TPG". TPG. October 6, 2023. Retrieved October 6, 2023.
  2. ↑ "Social Capital has hired Marc Mezvinsky as the investment firm morphs its business". Recode. May 18, 2017. Retrieved June 26, 2018.
  3. 1 2 "For Clintons, a Hedge Fund in the Family". The New York Times. March 22, 2015. Retrieved January 12, 2016.
  4. ↑ Bocella, Kathy (July 30, 2010). "The quiet Main Liner who's marrying Chelsea Clinton". The Philadelphia Inquirer. Archived from the original on August 5, 2010. Retrieved August 11, 2010.
  5. ↑ "Chelsea's Engagement: Heir A Parents". NPR. December 2, 2009. Retrieved June 26, 2018.
  6. ↑ "10 Things You Should Know About Chelsea Clinton's Husband Marc Mezvinsky". Town & Country. October 12, 2016. Retrieved June 26, 2018.
  7. ↑ "Needed: more than love and patience; They Came To Stay". The New York Times. February 29, 1976. Retrieved June 26, 2018.
  8. ↑ "The Mother of All Candidates". Washington Post. October 28, 1992. Retrieved June 26, 2018.
  9. ↑ "For Clintons, a Hedge Fund in the Family". New York Times. March 22, 2015. Retrieved June 26, 2018.
  10. ↑ "Marc Mezvinsky". The North American Pembrokian. June 26, 2018. Retrieved June 26, 2018.
  11. ↑ Janes, DeAnna (6 March 2020). "Chelsea Clinton Met Her Husband at a Democratic Political Retreat as a Teenager". Oprah Magazine.
  12. ↑ Casella, Stephanie (21 December 2015). "How Did Chelsea Clinton & Marc Mezvinsky Meet? The Expectant Parents Have A Sweet Story From Long Ago". Bustle.
  13. ↑ "Meet Charlotte Clinton Mezvinsky's Dad, Marc Mezvinsky". ABC News. Retrieved 2023-08-23.
  14. ↑ Baker, Peter (November 30, 2009). "Chelsea Clinton Announces Engagement". The New York Times. Retrieved August 5, 2010.
  15. ↑ Seelye, Katherine Q.; Haughney, Christine (July 31, 2010). "Town Elbows Its Way Into Clinton Wedding". The New York Times. Retrieved December 18, 2013.
  16. ↑ "New Mom Chelsea Clinton Celebrates Baby Daughter". The New York Times. AP. September 27, 2014. Retrieved September 27, 2014.
  17. ↑ McCarthy, Ellen (June 18, 2016). "Chelsea Clinton gives birth to second child, son Aidan". The Washington Post. ISSN   0190-8286 . Retrieved July 30, 2016.
  18. ↑ Deerwester, Jayme (June 18, 2016). "Chelsea Clinton gives birth to son Aidan". USA Today . Retrieved June 18, 2016.
  19. ↑ Weisholtz, Drew (January 22, 2019). "Chelsea Clinton welcomes third child with husband Marc Mezvinsky". The Washington Post. Retrieved January 23, 2019.
  20. ↑ "Trustees". The North American Pembrokian. June 26, 2018. Retrieved June 26, 2018.
  21. ↑ "About The Ann Romney Center For Neurologic Diseases". Brigham and Women's Hospital. June 26, 2018. Retrieved June 26, 2018.
  22. ↑ "Revival Started at Madison Square Park". Wall Street Journal. July 13, 2012. Retrieved June 26, 2018.
  23. 1 2 "Marc Mezvinsky". Bloomberg S&P Global Market Intelligence. June 26, 2018. Retrieved June 26, 2018.
  24. ↑ "Chelsea Clinton's Husband Closes His Hedge Fund". Bloomberg.com. Retrieved April 18, 2019.
  25. ↑ "Chelsea Clinton's Husband Joins Silicon Valley Firm Social Capital". Bloomberg.com. May 19, 2017. Retrieved December 20, 2017.
  26. ↑ "Chelsea Clinton's Husband Joins Silicon Valley Firm Social Capital". Bloomberg. May 18, 2017. Retrieved June 26, 2018.
  27. ↑ "TPG". TPG. October 6, 2023. Retrieved October 6, 2023.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.