Lawrence E. Golub
Lawrence E. Golub is an American entrepreneur, philanthropist, and business executive. He is the CEO of Golub Capital,[1] a credit asset management company he founded in 1994. Prior to Golub Capital, he had management careers with Bankers Trust Company and Allen & Company. Golub sits on the board of numerous organizations, including American Repertory Theater and Harvard University's JD-MBA Alumni Association. He is one of three private members of the Financial Control Board of the State of New York.[2]
Lawrence E. Golub | |
---|---|
Nationality | American |
Education | JD-MBA B.A. |
Alma mater | Harvard Law School Harvard Business School Harvard College |
Occupation | entrepreneur philanthropist business executive |
Known for | CEO, Golub Capital |
Title | Golub Capital, (CEO) |
Spouse(s) | Karen Finerman |
Website | Lawrence Golub - LinkedIn |
Golub is a supporter of philanthropic efforts, most notably organizations for medical research for Parkinson's disease.[3] In 2001, he established the Golub Stem Cell Initiative for Parkinson's with a $500,000 donation to the New York Stem Cell Foundation.[3]
Early life and education
Golub grew up in New York, his parents both from poor immigrant families.[4] He attended Harvard College, where he received his Bachelor of Arts degree magna cum laude.[5] Golub had an interest in science since high school, studying the emerging DNA technology of the time. He took pre-med classes in college but decided to switch to a major in business.[3] Golub went on to attend Harvard Law School and Harvard Business School, earning both a JD and an MBA through the school's joint degree program. Golub also founded the Harvard University JD-MBA Alumni Association.[6][7] He was selected as a Baker Scholar at Harvard Business School and was an editor at the Harvard Law Review.[8]
Career
During his early career, Golub spent his time working for various well-known banks.[9] He started his career at Allen & Company where he engaged in private equity, leveraged finance, and mergers and acquisitions.[4] He went on to become a Managing Director at Wasserstein Perella where he established the firm's capital markets group and debt restructuring practice.[4] Golub was a White House Fellow and served for fifteen years as Treasurer of the White House Fellows Foundation.[8] Prior to starting Golub Capital, he worked as a Managing Director of Bankers Trust Company.[4]
Golub founded the U.S.-focused credit asset management company Golub Capital in 1994.[4] The firm has primary business lines in middle market lending, late stage lending, and broadly syndicated loans.[10] The firm is also affiliated with Golub Capital BDC, Inc., a business development company that trades on the NASDAQ under the stock ticker symbol, GBDC. Golub Capital is one of the largest non-bank middle market lenders and providers of senior debt.[10] In 2016, the firm was named "Lender of the Year" by Private Debt Investor.[10]
Golub serves on the board of numerous organizations, including as President of the Harvard University JD-MBA Alumni Association. He is one of three private members of the Financial Control Board of the State of New York.[2] He is also a member of the Harvard University Committee on University Resources.[11]
Personal life
Golub is married to American businesswoman and television personality Karen Finerman, president and chief executive of New York-based hedge fund Metropolitan Capital Advisors.[4] They are the parents of two sets of twins.[4]
Golub is active in charitable and civic organizations. Golub and his family actively support medical research to advance treatments for Parkinson's disease at several leading institutions.[3] In 2001, he established the Golub Stem Cell Initiative for Parkinson's with a $500,000 donation to the New York Stem Cell Foundation.[3] He also funded a Parkinson's research effort within the Harvard Stem Cell Institute, which currently focuses on Parkinson's, juvenile diabetes, and ALS.[11]
Golub was Chairman of Mosholu Preservation Corporation, a non-profit developer and manager of low-income housing in the Bronx.[12] He served for fifteen years as a trustee of Montefiore Medical Center, the university hospital of the Albert Einstein College of Medicine.[13] He also served for six years as a trustee of Horace Mann School and for five years on the Harvard University Committee for Science and Engineering.[11][14]
References
- "Lawrence Golub, Eugene Ludwig on Where the Financing Is". The Wall Street Journal. 5 October 2015. Retrieved 9 November 2015.
- Goldenberg, Sally (29 July 2014). "De Blasio gets high marks for city's fiscal plan". Capital New York. Retrieved 9 November 2015.
- West, Melanie Grayce (22 June 2011). "Couple Aids Parkinson's Research". The Wall Street Journal. Retrieved 9 November 2015.
- Papavassiliou, Stuart P. (October 2010). "Golub Capital - Unique in Every Aspect". ABF Journal. Retrieved 9 November 2015.
- "Harvard Stories - Lawrence Golub (video)". Harvard University. Retrieved 9 November 2015.
- Wee, Gillian (27 September 2010). "Fixing Harvard Endowment Failures Will Take Mendilo Five Years". Bloomberg Business. Retrieved 9 November 2015.
- Lattman, Peter (9 July 2012). "Romney, at Harvard, Merged Two Worlds". The New York Times. Retrieved 9 November 2015.
- Wroblewska, Anna (7 July 2014). "How Golub Capital BDC Inc Built a Hurricane-Proof Balance Sheet". The Motley Fool. Retrieved 9 November 2015.
- "Pockets of credit; Middle-market banking". The Economist. 19 November 2011. Archived from the original on 9 April 2016. Retrieved 9 November 2015.
- Wroblewska, Anna (26 June 2014). "The Secret to Golub Capital BDC Inc's Success". The Motley Fool. Retrieved 9 November 2015.
- "Investing In a Cure: The Golub Family Donates Generously to Fight Parkinson's Disease". Investment Dealer's Digest. 7 May 2007. Archived from the original on 20 November 2018. Retrieved 9 November 2015.
- "Financing Public-To-Private Companies: Lawrence Golub - Golub Associates Inc". The Wall Street Transcript. 4 March 2004. Retrieved 9 November 2015.
- "Strategic M&A Deals - Regions, Sectors and Structures". The Deal. Retrieved 9 November 2015.
- "Outstanding Investor Speaker Series Features Lawrence Golub, HBS '83". Harvard Business School Club of New York. Retrieved 9 November 2015.