Eric Gleacher (born April 27, 1940), an American investor and financier, is the founder and chairman of Gleacher & Co. (NASDAQ: GLCH) an independent investment banking firm based in New York City.
Gleacher gained prominence as an investment banker in the 1980s. In 1978, he had founded the mergers & acquisitions department of Lehman Brothers Kuhn Loeb. He left Lehman, following its acquisition by Shearson and headed the mergers & acquisitions group at Morgan Stanley from 1985 through 1990. During this time, Gleacher was involved in the leveraged buyout of RJR Nabisco by Kohlberg Kravis Roberts & Co. as well as the leveraged buyout of Revlon by Ronald Perelman.
In 1990, Gleacher founded his own firm Gleacher Partners, which he sold to National Westminster Bank in 1996. He bought back his firm in 1999 for $135 million. In 2009, Gleacher merged his firm with the publicly traded Broadpoint Securities Group. The combined firm was renamed Gleacher & Co.
Gleacher graduated from Northwestern University after which he served as an infantry officer in the U.S. Marine Corps for three years in the 1960s. Thereafter, Gleacher received his MBA from University of Chicago.
Gleacher is on the board of trustees for the Hospital for Special Surgery and Northwestern University.
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