Merritt Paulson

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Henry Merritt Paulson III is the majority owner of Shortstop, LLC which owns the Portland Beavers, a minor-league baseball team, and the Portland Timbers, a USL First Division soccer team. Both teams are based in Portland, Oregon.[1]

[edit] Personal

Paulson graduated from Hamilton College with a B.A. in 1995. Paulson earned his Masters of Business Administration from Harvard Business School.[2] Prior to owning the sports franchises he worked for the National Basketball Association as a senior director of marketing and business development.[2] Paulson also has worked for the cable television channel Home Box Office.[2] He is the son of Henry Merritt "Hank" Paulson Jr., the United States Secretary of the Treasury.[3] He serves on the board of trustees of the Wildlife Conservation Society.[4] Paulson is married to Heather Mahar Paulson, who appeared on the Amazing Race Season 3, and they reside in Portland. Heather graduated first in her class from Cornell University and cum laude from Harvard Law School.[5] Before moving to Portland, Heather worked as an antitrust lawyer at Wachtell, Lipton, Rosen & Katz[6] and as an analyst at a hedge fund in New York.

[edit] Shortstop, LLC

In May of 2007 Paulson’s investment group Shortstop, LLC purchased the Portland Beavers and the Portland Timbers from California businessman Abe Alizadeh.[2] The purchase made the group the teams' fourth owners since 2001.[7] Paulson’s father is a minority partner in the company.[2] Shortstop is a Delaware organized company.[2]

[edit] Footnotes

  1. ^ Oregonian (2006). Merritt Paulson, new owner of the Beavers and Timbers, stages a "Grand Reopening" tonight at PGE Park. Retrieved July 20, 2007.
  2. ^ a b c d e f Giegerich, Andy. "New Beavers, Timbers owner wants local ties", Portland Business Journal, May 22, 2007. 
  3. ^ David Jackson. Bush turns to Wall Street for new Treasury chief. USA Today, May 31, 2006.
  4. ^ The National Center: Press release, June 8, 2006
  5. ^ The New York Times, October 2, 2005.
  6. ^ The New York Times, October 2, 2005.
  7. ^ Murphy, Todd. "Merritt's system", Portland Tribune, March 18, 2008. 
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