Jack Nash (businessman)

Jack Nash (businessman)

Jack Nash (April 10 1929 – June 30 2008) was a German-American businessman who was an innovator in hedge funds.

Biography

Born in Germany on April 10 1929, he fled Nazi Germany with his family when he was 12. He attended Stuyvesant High School in Manhattan, New York and graduated from City College in 1953.

He joined Oppenheimer & Company in 1951 and became its president in 1974. He was elected chairman in 1979. In 1982, he and business partner Leon Levy sold the company for $163 million, investing $50 million to start the hedge fund Odyssey Partners.

Nash was also a founder of "The New York Sun" and served as vice chairman of the board of the American Stock Exchange in the late 1970s.

He and his wife, Helen Englander, donated millions to Jewish and other cultural and social charities. They had two children, Joshua and Pamela.

He died on June 30 2008 at Mount Sinai Medical Center.cite newspaper| last=Bhattarai | first=Abha | date=2008-08-02 | title=Jack Nash, pioneer in hedge funds, dies at 79 |quote=Jack Nash, a former chairman of Oppenheimer & Company who helped pioneer the modern hedge fund business, died July 30 in Manhattan. He was 79. He died at Mount Sinai Medical Center after a long illness, according to his family. | work=The New York Times | url=http://www.nytimes.com/2008/08/02/business/02nash.html | accessdate=2008-08-02]

References


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