Career
His early jobs were with First National Bank of Chicago and its affiliates, promoted up to executive vice president. In early 1970s he was made president of First Capital Corporation of Chicago and First Chicago Investment Corporation.
In the 1970s, Golder built the private equity program at First Chicago Corp. where he is noted primarily for backing Federal Express and for efforts as chairman of the National Venture Capital Association and the National Association of Small Business Investment Companies to change federal laws allowing pensions to invest in private equity.
In 1980 he left First Chicago to found "Golder, Thoma & Cressey" private equity investment company, later known as GTCR, from which he retired as partner in 1993, but remained consultant. Golder Thoma received much of its initial funding from William M. Blair and upon leaving First Chicago, Golder was replaced by John A. Canning, Jr. who would go on to found rival Chicago private equity firm Madison Dearborn.
Read more about this topic: Stanley Golder
Famous quotes containing the word career:
“A black boxer’s career is the perfect metaphor for the career of a black male. Every day is like being in the gym, sparring with impersonal opponents as one faces the rudeness and hostility that a black male must confront in the United States, where he is the object of both fear and fascination.”
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