William E. Macaulay

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William E. Macaulay
Born William E. Macaulay
(1945-09-02) September 2, 1945 (age 71)
Bronx, New York, US
Residence Greenwich, Connecticut, US
Nationality American
Education City College of New York
Alma mater Wharton School of the University of Pennsylvania
Net worth $1.02 billion (April 2017)[1]
Title Chairman & CEO, First Reserve Corporation
Term 2004-
Board member of Dresser-Rand Group
Weatherford International
Spouse(s) married
Children 2

William Macaulay (born September 2, 1945) is the CEO and chairman of First Reserve Corporation, the world's largest private equity fund specialized in the energy industry, with $21.5 billion under management.[citation needed]

Macaulay has an MBA from the The Wharton School at the University of Pennsylvania.

Early life[edit]

Born in the Bronx borough of New York City, Macaulay spent "rough days" at DeWitt Clinton High School, afflicted by overcrowding and ethnic tensions.[1] Macaulay graduated with a bachelor's degree in economics from City College of New York and an MBA from the The Wharton School at the University of Pennsylvania,[1] where he also has served as a member of the executive board. He is chairman of the Rogosin Institute, and chairman of the advisory board of the City University of New York. Macaulay has anhonorary doctorate from Baruch College.

Career[edit]

Macaulay, chairman and CEO of First Reserve Corporation, has been with the firm since its founding in 1983. He is responsible for supervision of all aspects of the firm's investment program and strategy, as well as overall management of the firm.[2]

Prior to acquiring First Reserve with Mr. Hill in 1983, Macaulay was a co-founder of Meridien Capital Company, a private equity buyout firm. From 1972 to 1982, Macaulay was with Oppenheimer & Co, where he served as director of corporate finance with responsibility for investing Oppenheimer's capital in private equity transactions. At Oppenheimer, he also served as a general partner and member of the management committee of Oppenheimer & Co, as well as president of Oppenheimer Energy Corporation. He was the founder and largest stockholder of Peppermill Oil Company.

Macaulay is ranked in the top 400 richest American list by Forbes.[3]

In September 2006, Macaulay donated $30 million to the City University of New York, the largest single donation in its history,) to endow The William E. Macaulay Honors College.[citation needed]

Personal life[edit]

He is married, with two children, and lives in Greenwich, Connecticut.[1]

References[edit]

  1. ^ a b c d "William Macaulay". Forbes.com. January 1, 1970. Retrieved April 30, 2017. 
  2. ^ Name. "Investment Team". Firstreserve.com. Retrieved April 30, 2017. 
  3. ^ "The 400 Richest Americans: #377 William Macaulay". Forbes.com. Retrieved April 30, 2017.