|Born||Alan Joel Patricof
New York, New York
|Residence||New York, New York|
|Alma mater||Ohio State University
Columbia University (MBA)
|Known for||Founder of private equity firm Apax Partners|
|Spouse(s)||Bette Patricof Hollander (divorced)
|Children||Mark Patricof (with Hollander);
Jamie Patricof (with Hatkoff);
Jonathon Patricof (with Hatkoff)
Alan Patricof (born 1934) is an American investor and one of the early pioneers of the venture capital and private equity industries. Patricof founded Apax Partners (based on a play on Patricof's name: Alan Patricof Associates Cross (x) Border), which is today one of the largest private equity firms globally.
Early life and education
Both parents were Jewish from Russia, and who had immigrated to the Unites States.
His father was a small time stockbroker.
In 1967, he invested in New York magazine, a new publication, where he served as the founding chairman of the board.
The magazine was a success and his efforts elevated his business profile.
In 1969, Patricof raised $2.5 million and found one of the first venture capital firms, Patricof Company Ventures.
By the mid-1990s Apax had become one of the larger private equity firms globally.
In 2001, Patricof stepped back from day-to-day management of Apax Partners, Inc., the US arm of the firm, to return to his original focus on making venture capital investments in small early-stage companies.
In 2006, Patricof left Apax to form Greycroft Partners which focuses on small early-stage venture capital investments.
Patricof was an early investor in venture capital, and has been involved in the development of numerous major companies, amongst which are; America Online, Office Depot, Cadence Design Systems, Apple Computer and FORE Systems.
Over the course of his 40-year career in private equity, Patricof has been instrumental in growing the venture capital field from a base of high net-worth individuals, to its position today with broad institutional backing, as well as playing a key role in the essential legislative initiatives which have guided its evolution.
Patricof has been married twice:
- He was married to Bette Patricof Hollander. They later divorced. They had one child:
- His second marriage was to Susan Hatkoff. She is the sister of Craig Hatkoff. They have two sons:
- Jamie Patricof, movie and television producer. He is married to former model Kelly Sawyer. They have two children: Riley and Sawyer.
- Jonathan Cale Patricof (b. 1973), President of Tribeca Enterprises the company that owns and operates the Tribeca Film Festival. He is married to Victoria Ann Radford of New York. They have three children: Jack, Chloe and Lila.
Political and other affiliations
Patricof has been active in Democratic Party politics, contributing to candidates including Bill and Hillary Clinton, whom he met in the Hamptons when they were there as guests of lobbyist and Democratic activist Liz Robbins. Patricof serves on the Board of Trustees of Columbia University Graduate School of Business. As of 2011[update] he serves as an advisor to the Grassroots Business Fund
- CNN Money: "This old guy sure can pick 'em - Fortune's Oliver Ryan looks at how legendary media investor Alan Patricof has found new life in the Big Apple's web startup scene" by Oliver Ryan September 11, 2007
- JTA News Brief May 17, 2007
- New York Times: "STRICTLY BUSINESS; A Venture Capitalist and His Politics" By DOUGLAS MARTIN November 02, 1992
- New York Times: Dealbook: "Kravis Gives $100 Million to Columbia B-School" By MICHAEL J. DE LA MERCED October 5, 2010
- 2006 Wharton Private Equity Conference Keynote Speaker
- Details Gets New Owner. New York Times, June 6, 1987.
- New York Times: "WEDDINGS; Martha S. Jones, Mark F. Patricof" July 26, 1992
- New York Times: "Martha Jones To Wed in July" February 16, 1992.
- Legal Eagle: HOLLANDER v. COMMISSIONER 34 T.C.M. 718 (1975)T.C. Memo. 1975-157 Bette Patricof Hollander v. Commissioner. Docket No. 4020-73. United States Tax Court. Filed May 22, 1975 retrieved August 10, 2012
- The Albany Times Union: "Producer rekindles 'Toyland' memories - Movieman behind "Pines" visits with his family who ran well-known stores" By PAUL GRONDAHL September 28, 2011
- New York Magazine: "Jane of All Trades" by Meryl Gordon retrieved June 25, 2013
- ELLE & The Coveteur: Kelly Sawyer Patricof - Creative Director, Satine Private Label. Los Angeles retrieved August 10, 2012
- New York Times: "WEDDINGS; Victoria Radford, Jonathan Patricof" June 25, 2000
- New York Observer: Filmic Finance Scion Buys on Park By Elise Knutsen January 4, 2012
- Sorkin, Andrew Ross. "New Fund for Prominent Investor". New York Times, March 6, 2006.
- Martin, Douglas. STRICTLY BUSINESS; A Venture Capitalist and His Politics New York Times, November 2, 1992.
- Donors Who Stayed at the White House New York Times, March 2, 1997.
- Murphy, Rick. Presidential Fund-Raising On a Hamptons Weekend. New York Times, July 19, 1998.
- Luo, Michael. Facing Obama Fund-Raising Juggernaut, Clinton Seeks New Sources of Cash New York Times, April 20, 2008
- JTA: "Jewish Clinton backers warn Pelosi on meddling" March 28, 2008
- Grove, Lloyd, "World According to ... Alan Patricof" Portfolio.com, December 4, 2007. Retrieved 5/3/09.
- Grassroots Business Fund (2011). Governing Board and Advisors. Retrieved February, 2011.