Blair Effron

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Blair W. Effron
Born1962
EducationPrinceton University (AB, 1984)
Columbia Business School (MBA, 1986)
OccupationInvestment banking
EmployerUBS Investment Bank (prior)
UBS Warburg (prior)
Warburg Dillon Read (prior)
Dillon, Read & Co. (prior)
Known forCo-Founder of Centerview Partners

Blair W. Effron (born 1962) is an American financier. Effron co-founded Centerview Partners, a boutique investment banking firm based in New York City.[1][2] Centerview has offices in London, New York, Los Angeles and San Francisco. Centerview Partners is a leading independent investment banking and advisory firm. The firm provides advice on mergers and acquisitions, financial restructurings, valuation, and capital structure to companies, institutions and governments.

Effron is also active in Democratic Party politics and was a prominent supporter of John Kerry's 2004 presidential campaign.

Early life[edit]

Effron grew up in Poughkeepsie, New York, son of James W. Effron, president of Effron Oil. Effron graduated with a BA from Princeton University in 1984[3] and an MBA from Columbia Business School in 1986. He began his career at Dillon, Read & Co. and would remain with the firm and its successors (Warburg Dillon Read, UBS Warburg and UBS Investment Bank) over the next 20 years. Effron received a brief mention as an associate at Dillon Read in the Barbarians at the Gate involved in the buyout of RJR Nabisco by Kohlberg Kravis Roberts & Co.[4]

Career[edit]

Effron began his career in investment banking in the early 1980s and built up a reputation as one of the leading bankers in the consumer products industry and for past the ten years since founding Centerview has been one of the industry's top generalist banker across several industries. At UBS, Effron was Group Vice Chairman of UBS AG and a member of the Board of UBS Investment Bank, where he also sat on several management committees. Effron's major coup came in 2005 when he advised Gillette on its $57 billion sale to Procter & Gamble, which was the largest mergers and acquisitions transaction of 2005. Among Effron's other major deals are:

In July 2006, Effron co-founded Centerview Partners along with Robert Pruzan, formerly CEO of North America at Dresdner Kleinwort Wasserstein and President of Wasserstein Perella & Co. Additional Centerview co-founders included Stephen Crawford, former co-president at Morgan Stanley, and Adam Chinn, former partner at Wachtell Lipton.[5] James M. Kilts, former CEO of Gillette, heads the firm's private equity fund.[6]

Other affiliations[edit]

Mr. Effron serves on the Board of Trustees of the Council on Foreign Relations (Vice Chairman), Lincoln Center (Treasurer), the Metropolitan Museum of Art, New Visions for Public Schools, Partnership for New York City, and Princeton University. He also sits on the advisory board of The Hamilton Project at the Brookings Institution.

Active in the Democratic party, Effron hosted Obama to his Upper East Side Manhattan home in May 2014 and Hillary Clinton in June 2015.[7] Effron contributes political commentary to outlets including the Financial Times.[8]

References[edit]

  1. ^ Boutique Bank That’s Riding Out the Storm. New York Times, February 29, 2008
  2. ^ For Boutiques, Time to Shop as Bankers Flee Big Firms. Wall Street Journal, February 5, 2009
  3. ^ "Princeton: Seven named to Princeton Board of Trustees".
  4. ^ Bryan Burrough, John Helyar. Barbarians at the Gate: The Fall of RJR Nabisco. HarperCollins, 1990
  5. ^ Three Senior Wall Street Professionals Announce Formation of Centerview Partners.
  6. ^ "Conagra to buy Pinnacle for $8.1 billion, creating frozen food powerhouse". Reuters. June 27, 2018.
  7. ^ https://dealbook.nytimes.com/2014/05/14/obama-to-attend-investment-bankers-fund-raiser/?_php=true&_type=blogs&_r=0
  8. ^ "How a Democrat-led House of Representatives could boost US growth". Financial Times. January 3, 2019.

External links[edit]