Glenn Hogan Hutchins[1] (born 1955)[1] is an American businessman and investor. He is a private equity investor focused on the technology sector, chairman and co-founder of North Island, and co-founder of Silver Lake Partners.[3]

Glenn Hutchins
Speaking at the 2021 World Economic Forum
Born1955 (age 68–69)[1]
NationalityAmerican
Alma mater
Occupation(s)Chairman, North Island[2]
Known forCo-founder of Silver Lake Partners

Early life and education

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Hutchins was born in Virginia in 1955.[1]

After studying at The Lawrenceville School in New Jersey and graduating in 1973,[4] Hutchins earned a BA from Harvard College in 1977.[5] In 1983, he finished a joint JD/MBA program from Harvard Business School and Harvard Law School, which he completed simultaneously.[5]

Career

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Hutchins began his career as a credit analyst at Chemical Bank after earning his BA from Harvard in 1977.[6]

Following his graduation from Harvard Business School and Harvard Law School in 1983,[5] he began his career in private equity at Thomas H. Lee Partners.[7]

Hutchins left the firm in 1992 to join the Bill Clinton presidential transition team as a senior adviser focusing on economic policy.[8] After serving as a special advisor on economic and healthcare policy in the Clinton Administration,[9] Hutchins returned to private equity, this time joining The Blackstone Group in New York[8] in 1994, where he was a senior managing director.[10]

Hutchins co-founded Silver Lake Partners in 1999 alongside Roger McNamee and David Roux.[11] He left the firm in 2012.[11]

Hutchins was a director of the Federal Reserve Bank of New York, and chairman of its of Audit and Risk Committee, from 2011 through 2020.[12]

Hutchins is chairman of North Island, an investment firm focused on private equity investments, which he co-founded in 2020 with James Hutchins and Travis Scher.[13]

Other affiliations

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Hutchins is co-chairman of the board of trustees of the Brookings Institution.[12][14] In 2013 he also created the Hutchins Center on Fiscal and Monetary Policy at Brookings Institution with a $10 million endowment grant.[15]

He is a member of the Council on Foreign Relations.[16]

Hutchins is on the boards of directors of AT&T[17] and Banco Santander.[18]

At GIC Private Limited, the sovereign wealth fund of Singapore, he is on the Investment Board[19] and the International Advisory Board.[20]

Hutchins is a former chairman of Instinet, a former chairnman of SunGard Data Systems, a former director of Nasdaq,[21] and a former director of the Center for American Progress.[22] He has also previously served on the boards of TD Ameritrade, Seagate Technology, MCI, Inc., Gartner, and Sabre Holdings.[23]

The W. E. B. Du Bois Research Institute, established in 1975, was expanded and renamed the Hutchins Center for African and African American Research in 2013 after a $15 million gift from Hutchins via his Hutchins Family Foundation.[24]

He is a partial owner of the Boston Celtics.[25]

References

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  1. ^ a b c d "2023 Annual report" (PDF). Santander. p. 201. Retrieved July 5, 2024.
  2. ^ "Tech investing pioneer Hutchins bets on blockchain". Reuters. November 7, 2019. Archived from the original on June 2, 2021. Retrieved June 1, 2021.
  3. ^ Meet Silver Lake: The Hot Private Equity Firm of the Moment Archived September 9, 2022, at the Wayback Machine. The Wall Street Journal, Gregory Zuckerman, Sept 22, 2011
  4. ^ "Leadership - the Lawrenceville School". Archived from the original on November 9, 2016. Retrieved January 18, 2014.
  5. ^ a b c "Kick-Starting Harvard House Renewal". Harvard Magazine. October 24, 2012. Retrieved July 4, 2024.
  6. ^ Serwer, Andy (May 23, 2017). "Glenn Hutchins: How an 'awful' job can actually pay off". Yahoo! Finance. Retrieved July 4, 2024.
  7. ^ "How can private equity transform into positive equity?" (PDF). Ernst & Young. 2017. p. 26. Retrieved July 4, 2024.
  8. ^ a b "Wall Street's New Alchemist". BusinessWeek, August 8, 2005
  9. ^ "Glenn H. Hutchins". Hamilton Project. Retrieved July 4, 2024.
  10. ^ "Schedule 14A". United States Securities and Exchange Commission. Virtu Financial. April 25, 2019. pp. 7–8. Retrieved July 4, 2024.
  11. ^ a b "Hutchins Says Crypto Success Hinges on Consumer Use Cases". Bloomberg.com. Bloomberg L.P. February 21, 2021. Archived from the original on June 2, 2021. Retrieved June 1, 2021.
  12. ^ a b "Glenn Hutchins". Brookings Institution. Retrieved July 7, 2024.
  13. ^ "North Island Ventures Closes Second Venture Fund". Business Wire. September 13, 2022. Retrieved July 6, 2024.
  14. ^ Forbes.com
  15. ^ Dews, Fred (December 4, 2013). "Brookings Establishes Hutchins Center on Fiscal and Monetary Policy; David Wessel to Direct". Brookings Institution. Retrieved July 7, 2024.
  16. ^ "Membership Roster". Council on Foreign Relations.
  17. ^ "Board of Directors". AT&T. Retrieved July 8, 2024.
  18. ^ "Board of directors". Banco Santander. Retrieved July 8, 2024.
  19. ^ "Investment Board". GIC Private Limited. Retrieved July 8, 2024.
  20. ^ "International Advisory Board". GIC Private Limited. Retrieved July 8, 2024.
  21. ^ "Obama Foundation Announces New Additions to Board of Directors" (PDF). squarespace.com. Obama Foundation. November 3, 2017. Retrieved July 7, 2024.
  22. ^ "Board of Directors". Center for American Progress. Archived from the original on June 10, 2020. Retrieved November 30, 2020.
  23. ^ "Charlie Rose Interviews Glenn Hutchins, Co-Founder and Co-CEO of Silver Lake, as TabbFORUM Launches New Series, 'Conversations with Charlie Rose: The New Capitalists Shaping Our World'". Business Wire. June 22, 2011. Retrieved July 7, 2024.
  24. ^ Rocheleau, Matt (September 18, 2013). "Harvard announces launch of Hutchins Center for African and African American Research through $15m gift". Boston.com. Retrieved December 11, 2020.
  25. ^ "Boston Basketball Partners Assume Ownership of Celtics Franchise | Celtics.com - the official website of the Boston Celtics". NBA.com. Archived from the original on June 28, 2011. Retrieved October 1, 2015.
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