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Mark Patterson (investor)

Mark Patterson is a South African born American 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 careerEdit

After matriculating from St. Andrew's College, Grahamstown[2] Patterson went on to study Law and Economics at Stellenbosch University and an M.B.A. from New York University Stern School of Business.[3]

Early in his career, Patterson worked in leveraged finance at Credit Suisse, Scully Brothers & Foss, Salomon Brothers and Bankers Trust.[3]

Patterson worked with David Matlin at Credit Suisse and previously at Scully Brothers & Foss.[3]

Along with Matlin, Patterson founded MattlinPatterson, a private equity firm.

In 2002, the firm launched its first fund and received a $200 million investment from Credit Suisse. Credit Suisse did not invest in the firm's second fund, but did invest in the third fund.[4]

The funds have invested in many companies, including XL Health, NRG, Huntsman Corporation, CalAtlantic Homes, Gleacher & Co. (formerly Broadpoint Securities), Thornberg Mortgage, Flagstar Bank, Minara, Polymer Group, Ormet, ATA Airlines, Arrow Air, and Varig Logistica.

Motorsport careerEdit

Having previously raced with Michael Shank Racing, Patterson now races in the European Le Mans Series with United Autosports.[5]

Racing RecordEdit

24 Hours of Le Mans resultsEdit

Year Team Co-Drivers Car Class Laps Pos. Class
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
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
306 39th 9th
2017   Algarve Pro Racing   Matt McMurry
  Vincent Capillaire
Ligier JS P217-Gibson LMP2 330 32nd 15th
2018   Algarve Pro Racing   Ate de Jong
  Tacksung Kim
Ligier JS P217-Gibson LMP2 237 DNF DNF


  1. ^ "Company overview". Bloomberg BusinessWeek.
  2. ^ Chishakwe, Tai (October 3, 2014). "The Most Expensive Boarding Schools in the Eastern Cape are..." R News.
  3. ^ a b c Executive Profile Mark R. Patterson
  4. ^ Tracy, Tennille (April 6, 2007). "Credit Suisse Renews Ties With MatlinPatterson". The Wall Street Journal.(subscription required)
  5. ^ Template:Cite web url=