Stephen Mandel (hedge fund manager)
Stephen Mandel Jr. | |
---|---|
Born | March 12, 1956 |
Residence | Greenwich, Connecticut |
Citizenship | United States |
Education |
B.A. Dartmouth College M.B.A.Harvard University |
Occupation | Investor |
Known for | Founder, Lone Pine Capital |
Net worth |
US $ 1.8 billion (March 2013)[1] |
Board member of |
Dartmouth College Teach for America |
Spouse(s) | Susan Joy Zadek |
Children | 3 |
Stephen F. Mandel (born March 12, 1956) is founder of the hedge fund Lone Pine Capital.[2]
Early life and education
Raised Jewish,[3] Mandel is a 1974 graduate of Phillips Exeter Academy and a 1978 graduate of Dartmouth College as Bachelor of Arts / Science major in government and was a member of the Psi Upsilon fraternity.[2] He also has an M.B.A. from Harvard University.[1]
Career
From 1980 to 1984,[2] he worked at Mars & Co as a senior consultant[4] and then from 1984 to 1990,[2] he worked as a consumer-retail analyst at Goldman, Sachs & Co.[5] before working as a consumer analyst and eventually managing director at Tiger Management,[2] a hedge fund founded by Julian Robertson. In 1997, he left Tiger and founded his own hedge fund, Lone Pine Capital LLC[1] (named after a Dartmouth College pine tree that survived an 1887 lightning strike).[6]
Forbes listed Stephen Mandel as one of the 40 Highest-Earning hedge fund managers in 2012.[7]
Forbes listed Stephen Mandel as one of the 25 Highest-Earning hedge fund managers in 2013.[8]
Philanthropy
He is chairman of Dartmouth's board of trustees[9] and also serves on the National Board of Directors at Teach for America.[10] He founded two charitable foundations: the Zoom Foundation and the Lone Pine Foundation.[11]
Personal life
In 1982, he married Susan Joy Zadek of Baltimore whom he met at Harvard.[12][13][14] They have three children.[1]
References
- 1 2 3 4 Forbes: The World's Billionaires: Stephen Mandel Jr. March 2013
- 1 2 3 4 5 Dartmouth College website: Board of Trustees
- ↑ Forbes Israel: Jewish Billionaires - Profile of Stephen Mandel, Jr. April 14, 2013 (in Hebrew)
- ↑ "Steve Mandel Profile," GuruFocus.com
- ↑ "Cult of Personalities," Institutional Investor Alpha, October 2008
- ↑ Forbes: The World's Billionaires - Stephen Mandel Jr March 2008
- ↑ Vardi, Nathan (Feb 26, 2013), "The 40 Highest-Earning Hedge Fund Managers & Traders", Forbes
- ↑ Vardi, Nathan (Feb 26, 2014), "The 25 Highest-Earning Hedge Fund Managers And Traders", Forbes
- ↑ "Lone Pines' Stephen Mandel elected chairman of Dartmouth's board," Absolute Return, May 1, 2010
- ↑ "National Board of Directors". Teach for America.
- ↑ Institutional Investor: "Hedge Fund Giving Wanes" by Danielle Beurteaux March 19, 2009
- ↑ Dartmouth Now newsletter: "‘Visible and Accessible’: Chair Steve Mandel ’78 on Priorities for the Board" By Sarah Memi November 29, 2010
- ↑ New York Times: "Susan Zadek To Be Bride" March 21, 1982
- ↑ New York Times: "Sea, Sand, Faith: Far From Home but Closer to Heaven" By NEELA BANERJEE August 20, 2009
External links
- "Big bucks for hedge fund workers," Money, July 5, 2005
- "The Power 30: The Investors," SmartMoney, October 10, 2006