Jack Nash (businessman)

For other people named Jack Nash, see Jack Nash (disambiguation).
Jack Nash
Born April 10, 1929(1929-04-10)
Germany
Died July 30, 2008(2008-07-30) (aged 79)
Mount Sinai Medical Center
Manhattan
Spouse Helen Englander

Jack Nash (April 10, 1929 – July 30, 2008) was a German-American businessman who was an innovator in hedge funds.

Biography

Born in Germany on April 10, 1929, he fled Nazi Germany[1] with his family when he was 12. He attended Stuyvesant High School in Manhattan, New York and graduated from City College in 1953.

He joined Oppenheimer & Company in 1951 and became its president in 1974. He was elected chairman in 1979. In 1982, he and business partner Leon Levy sold the company for $163 million, investing $50 million to start the hedge fund Odyssey Partners.

Nash was also a founder of The New York Sun[2] and served as vice chairman of the board of the American Stock Exchange in the late 1970s.

He and his wife, Helen Englander, donated millions to Jewish and other cultural and social charities. They had two children, Joshua and Pamela.

Nash was 79 years old when died on July 30, 2008 at Mount Sinai Medical Center.[3]

References

  1. ^ http://www.telegraph.co.uk/news/obituaries/3062747/Jack-Nash.html
  2. ^ http://www.nysun.com/obituaries/jack-nash-79-a-founder-of-odyssey-partners-and-sun/82955/
  3. ^ Bhattarai, Abha (2008-08-02). "Jack Nash, pioneer in hedge funds, dies at 79". The New York Times. http://www.nytimes.com/2008/08/02/business/02nash.html. Retrieved 2008-08-02. "Jack Nash, a former chairman of Oppenheimer & Company who helped pioneer the modern hedge fund business, died July 30 in Manhattan. He was 79. He died at Mount Sinai Medical Center after a long illness, according to his family."