Donald Marron

Donald Marron
Donald B. Marron
Born July 21, 1934(1934-07-21)
New York City
Nationality United States USA
Occupation Finance, Private equity
Known for Paine Webber (Former Chairman & CEO),
Lightyear Capital (Founder),
Data Resources (Co-Founder)

Donald B. Marron (born July 21, 1934) is a financier, private equity investor and entrepreneur, notable as the chairman and chief executive officer of brokerage firm Paine Webber from 1980 through the sale of the company in 2000, as well as the founder of private equity firm Lightyear Capital and of Data Resources Inc.



In 1959, Marron founded D.B. Marron & Company. In 1965, Marron sold his company to Mitchell Hutchins and in 1967 was named president of the company. In 1977, Mitchell Hutchins was acquired by Paine Webber.

Aside from his primary role at Mitchell Hutchins, in 1969 Marron founded Data Resources Inc. together with Harvard University notable economist Otto Eckstein. DRI became the largest non-governmental source of economic data in the world and was sold to McGraw-Hill in 1979.

In 1980, Marron was named Paine Webber’s Chief Executive Officer, and in 1981, he was named chairman of the board of Paine Webber, roles he would hold for the next two decades. In 2000, as CEO, Marron engineered the sale of Paine Webber to UBS AG.

Lightyear Capital

After two years at the bank, in 2002, Marron left UBS to found Lightyear Capital, a private equity firm focused on investments in financial services companies. The firm has raised approximately $2 billion since inception across its two funds. In May 2002, Lightyear closed on its first fund, The Lightyear Fund, with $750 million of investor commitments, approximately $500 million of which came from UBS AG. In 2006, the firm completed fundraising for its second private equity fund, with $850 million of commitments from over 40 investors.[1][2]

Board memberships and other affiliations



  1. ^ Lightyear Fund II closes on $850m. AltAssets, March 6, 2007
  2. ^ Forty Institutions Back Lightyear's New $850M Fund. Thomson Buyouts, March 19, 2007

External links

Wikimedia Foundation. 2010.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • Donald B. Marron Jr. — Donald B. Marron, Jr. Born October 12, ( 10 12) New York City Nationality USA …   Wikipedia

  • Caso del perro marrón — Saltar a navegación, búsqueda Este monumento original del perro marrón fue erigida en Battersea en 1906. La estatua fue desmantelada y presuntamente destruida en 1910, después de los disturbios. Se colocó una nueva estatua del perro en Battersea… …   Wikipedia Español

  • Mitchell Hutchins — Mitchell, Hutchins Co. was a leading equity research boutique in the U.S. until its acquisition by Paine Webber in 1977.[1][2] In 1959, Donald Marron founded D.B. Marron Company. In 1965, Marron sold his company to Mitchell Hutchins and in 1967… …   Wikipedia

  • Liste des milliardaires du monde en 2008 — Liste des milliardaires du monde 1991 ... 2004 . 2005 . 2006 . 2007 . 2008 . 2009 . 2010 . 2011 Ceci est la liste des milliardaires du monde telle que publiée par le magazine américain Forbes pour l année …   Wikipédia en Français

  • Data Resources Inc. — or DRI was co founded in 1969 by Donald Marron and Otto Eckstein. Marron is best known as the former CEO of PaineWebber and founder of Lightyear Capital. Eckstein was a Harvard University economics professor, economic consultant to Lyndon Baines… …   Wikipedia

  • Collections Presse des éditions Atlas — Éditions Atlas se targue de publier des encyclopédies par fascicules vendues chez les marchands de journaux depuis 1975. Parmi ces publications figurent L encyclopédie Atlas de la médecine[1] ainsi qu une série de livres de la collection La… …   Wikipédia en Français

  • Connecticut Huskies — University University of Connecticut Conference(s) Big East Conference NCAA Division I FBS Ath …   Wikipedia

  • Irische Meisterschaft (Badminton) — Die Irischen Meisterschaften im Badminton werden seit 1912 ausgetragen und gehören damit zu den dienstältesten Titelkämpfen im Badminton überhaupt. Das Turnier pausierte während des ersten und Zweiten Weltkriegs. In den Anfangsjahren wurden nicht …   Deutsch Wikipedia

  • Projet:Échecs — [modifier]  Projet Échecs …   Wikipédia en Français

  • Chiroptera — Para otros usos de este término, véase Murciélago (desambiguación) …   Wikipedia Español

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”