- Mark Patterson (investor)
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Mark Patterson is a South African born private equity hedge fund venture capitalist of caucasian descent, notable for co-founding the private equity firm MatlinPatterson Global Advisors.
Along with David Matlin and Lap Chan, they make up the private equity firm MatlinPatterson Global Opportunities.
Patterson's firm, MattlinPatterson is known for acquiring a series of companies in a range of industries, including NRG, Huntsman Chemical Croporation, Standard Pacific Homes, Gleacher & Co. (formerly Broadpoint Securities), Thornberg Mortgage, Flagstar Bank and ATA Holdings and Varig.
Prior to co-founding MatlinPatterson , Patterson had worked with David Matlin at Credit Suisse and previously at Scully Brothers & Foss. Prior to founding the firm, Patterson, the older of the two founders, had worked in various positions, particularly in Leveraged Finance, at Credit Suisse, Scully Brothers & Foss, Salomon Brothers and Bankers Trust.
When the firm raised its first fund in 2002, it did so with more than $250 million of capital from Credit Suisse. Credit Suisse did not invest in the firm's second fund, but did invest in the third fund.[1]
Patterson received degrees in Law and Economics from South Africa's Stellenbosch University and an M.B.A. from New York University's Stern School of Business. Currently races with Michael Shank Racing (http://www.michaelshankracing.com/drivers/)
References
- ^ Credit Suisse Renews Ties With MatlinPatterson. Wall Street Journal, April 6, 2007
- Junk Time. Forbes, September 4, 2008
Private equity and venture capital investors Investment strategy History History of private equity and venture capital · Early history of private equity · Private equity in the 1980s · Private equity in the 1990s · Private equity in the 2000sInvestor types Private equity investors · Venture capitalists · Corporate raidersCategories:- Living people
- Private equity and venture capital investors
- South African businesspeople
- New York University alumni
- Stellenbosch University alumni
- Grand-Am drivers
- 24 Hours of Daytona drivers
- British GT Championship drivers
- Private equity biography stubs
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