Warren Hellman | |
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Warren Hellman at Old Settler's Music Festival in Driftwood, TX (2010). |
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Born | Frederick Warren Hellman July 25, 1934 New York City |
Died | December 18, 2011 San Francisco, California |
(aged 77)
Residence | San Francisco, California |
Education | University of California, Berkeley (BA, 1955) Harvard Business School (MBA, 1959) |
Occupation | Private equity, Investment banking (prior) |
Employer | Hellman & Friedman |
Known for | Founder of Hellman & Friedman, Hellman, Ferri Investment Associates (today Matrix Partners) |
F. Warren Hellman (July 25, 1934 – December 18, 2011) was a private equity investor and co-founder of Hellman & Friedman, a multi-billion dollar private equity firm.[1] Hellman also co-founded Hellman, Ferri Investment Associates, today known as Matrix Partners, and started and funds the Hardly Strictly Bluegrass festival. Hellman passed away on December 18, 2011 of complications from his treatment for leukemia.[2]
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Hellman co-founded Hellman & Friedman in 1984 with Tully Friedman and served as chairman of the firm as well as a member of the Firm's Investment and Compensation Committees.
Before H&F, Hellman was a founding partner of Hellman, Ferri Investment Associates which would later be renamed Matrix Management Company. Today, Matrix is among the most prominent venture capital firms in the U.S.
Before that, Hellman worked in investment banking at Lehman Brothers, where he served as President as well as head of the Investment Banking Division and Chairman of Lehman Corporation.
Hellman received his undergraduate education at the University of California, Berkeley and he received an MBA from Harvard Business School.
Though his fortune was largely self-made, Hellman was the great-grandson of Isaias W. Hellman, a prominent early California banker, philanthropist, and a founding father of the University of Southern California.[3] His mother,the former Ruth Koshland, was successful California wool merchants. His family is not connected to the Hellmann’s mayonnaise company.[4]
Hellman was the primary sponsor and provided funding for the Hardly Strictly Bluegrass music festival in San Francisco's Golden Gate Park.[5][6][7] In 2011, Speedway Meadow was renamed Hellman Hollow to honor his history of philanthropy and civic involvement in San Francisco. [8]
Hellman was a donor and supporter of Jewish Vocational Services (JVS), a nonprofit organization that helps people transform their lives through work.
Hellman was a Director of D.N.& E. Walter & Co. and Sugar Bowl Corporation. He is also a member of the advisory board of the Walter A. Haas School of Business at the University of California at Berkeley. In 2005, Hellman was inducted into the American Academy of Arts and Sciences.
Hellman was the Chairman of the Board of The Bay Citizen, a non-profit news organization focusing on the San Francisco Bay Area. The Bay Citizen was founded with a $5 million contribution from the Hellman Family Foundation.[9]
He formerly served as a Director of numerous portfolio companies, including Eller Media Company, Nasdaq Stock Market and Young & Rubicam.
Hellman served in the U.S. Army from 1955 through 1957.
Warren Hellman was honored by the San Francisco Board of Supervisors in December of 2011. Speedway Meadow, the location of his festival Hardly Strictly Bluegrass, has been officially renamed "Hellman Hollow". He endowed the festival to continue for at least 15 years past his death.[10]
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