Mark Patterson (investor)

Mark Patterson is a South African born private equity and hedge fund businessman, notable for co-founding, along with David Matlin, the private equity firm MatlinPatterson Global Advisors of which he has been Chairman since 2002.^[1]

Investment career

Patterson's firm, MattlinPatterson acquires a series of companies in a range of industries, including XL Health, NRG, Huntsman Corporation, Standard Pacific Homes, Gleacher & Co. (formerly Broadpoint Securities), Thornberg Mortgage, Flagstar Bank, Minara, Polymer Group, Ormet, ATA Holdings, Arrow Air Holdings, and Varig Logistica.

Prior to co-founding MatlinPatterson, Patterson had worked with David Matlin at Credit Suisse and previously at Scully Brothers & Foss. Prior to founding the firm, Patterson, the older of the two founders, had worked in various positions, particularly in Leveraged Finance, at Credit Suisse, Scully Brothers & Foss, Salomon Brothers and Bankers Trust.

When the firm raised its first fund in 2002, it did so with more than $200 million of capital from Credit Suisse. Credit Suisse did not invest in the firm's second fund, but did invest in the third fund.^[2]

After matriculating from St. Andrew's College, Grahamstown Patterson went on to study Law and Economics at South Africa's Stellenbosch University and an M.B.A. from New York University's Stern School of Business.

Motorsport career

Having previously raced with Michael Shank Racing, Patterson now races in the European Le Mans Series with United Autosports.^[3]

Racing Record

24 Hours of Le Mans results

Year	Team	Co-Drivers	Car	Class	Laps	Pos.	Class Pos.
2013	Murphy Prototypes	Brendon Hartley Karun Chandhok	Oreca 03-Nissan	LMP2	319	12th	6th
2014	Ram Racing	Johnny Mowlem Archie Hamilton	Ferrari 458 Italia GT2	GTE Am	319	32nd	12th
2015	Murphy Prototypes	Nathanaël Berthon Karun Chandhok	Oreca 03R-Nissan	LMP2	347	13th	5th
2016	Team AAI	Oliver Bryant Johnny O'Connell	Chevrolet Corvette C7.R	GTE Am	306	39th	9th
2017	Algarve Pro Racing	Matt McMurry Vincent Capillaire	Ligier JS P217-Gibson	LMP2	330	32nd	15th

References

↑ "Company overview". Bloomberg BusinessWeek.
↑ "Credit Suisse Renews Ties With MatlinPatterson". Wall Street Journal. April 6, 2007.
↑ {{cite web url=http://sportscar365.com/lemans/elms/boyd-england-patterson-return-to-united-autosports-for-elms/|title=Boyd, England, Patterson Return to United Autosports in LMP3|date=5 January 2017| accessdate=19 May 2017}}

Junk Time. Forbes, September 4, 2008

Private equity and venture capital investors
Investment strategy	Buyout Venture Growth Mezzanine Secondaries
History	History of private equity and venture capital Early history of private equity Private equity in the 1980s Private equity in the 1990s Private equity in the 2000s
Investor types	Private equity investors Venture capitalists Corporate raiders

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