Paul E. Tierney, Jr. (born in 1943) is a business professor at Columbia University, a fund manager, and a venture capitalist at Aperture Venture Partners,[1] and Fidus Partners.[2] His investments have included stakes in the parent of United Airlines, US healthcare companies, and businesses in underdeveloped markets including Subsaharan Africa.[3][4][5][6][7][8] He was named Chair of the Board of Advisors for Columbia's School of International and Public Affairs (SIPA) by Lisa Anderson, dean.[9]

Life edit

He graduated from Fenwick High School (Oak Park, Illinois) and magna cum laude from the University of Notre Dame in 1964. He served as a Peace Corps volunteer in rural Chile. He graduated from Harvard University, with an M.B.A. as a Baker Scholar, in 1968.[10]

He was a senior vice president at White, Weld & Co. In 1978, he co-founded Gollust, Tierney & Oliver; they split up in 1990.[11] He owned the Major League Soccer team, D.C. United, from 1994 to 2001.

He is married to Susan; they have three children.[12]

Philanthropy edit

Tierney has been chairman of TechnoServe, an international economic development organization working in Africa and Latin America, for two decades.[3][13][14] Tierney encourages the use of private equity and venture capital to fund entrepreneurial firms in Africa, believing this funding approach "can be a superior alternative to the traditional development funds funneled through the likes of the World Bank."[3]

References edit

  1. ^ "Aperture Venture Partners". Aperturevp.com. Archived from the original on 2011-07-07. Retrieved 2010-11-23.
  2. ^ "Fidus Partners". Fidus Partners. Archived from the original on 2011-01-01. Retrieved 2010-11-23.
  3. ^ a b c Daniel Fisher Bullish On Harare; Champions of Free Enterprise Forbes Magazine
  4. ^ Paul Tierney Jr. Archived 2010-06-24 at the Wayback Machine Columbia Business School
  5. ^ World Poverty A Reference Book page 126-127
  6. ^ Susan Young Straddling Two Worlds: Paul Tierney Harvard Business School Online Bulletin December 2002
  7. ^ alumni profile Harvard Business School
  8. ^ Oliver F. Williams; Frank K. Reilly; John W. Houck (1989). Ethics and the investment industry. Rowman & Littlefield. p. 254. ISBN 978-0-8476-7613-2.
  9. ^ "Paul Tierney Named Chair of SIPA Board of Advisors". Columbia News. Oct 19, 2005.
  10. ^ Businessweek profile[dead link]
  11. ^ "3 Coniston partners are splitting up - Chicago Sun-Times | HighBeam Research - FREE trial". Highbeam.com. 1990-06-23. Archived from the original on 2012-11-05. Retrieved 2010-11-23.
  12. ^ "Profile - December 2002 - Alumni Bulletin - Harvard Business School". Alumni.hbs.edu. 2010-09-08. Retrieved 2010-11-23.
  13. ^ Columbia Business School profile
  14. ^ interview April 2010 LEADERS magazine