Jonathan Lavine

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Jonathan Lavine
Born (1966-05-09) May 9, 1966 (age 58)
Providence, Rhode Island, US
Alma materColumbia University (BA)
Harvard University (MBA)
Occupations
SpouseJeannie Diane Bachelor (m. 1992)
Children2

Jonathan Scott Lavine (born May 9, 1966) is an American businessman serving as Chair of Bain Capital. He founded Bain Capital Credit and Special Situations in 1998. He also served as Co-Managing Partner of Bain Capital from 2016 – 2024. Lavine is also a philanthropist. He was the Co-Chair of the Board of Trustees of Columbia University from 2018 to 2022. In 2022, he served as chair, and in 2023, was named Chair Emeritus.[1][2][3]

Early life and education[edit]

Jonathan Lavine was born in Providence, Rhode Island and graduated from Classical High School in 1984. Lavine then attended Columbia College, where he was elected to Phi Beta Kappa and earned a BA magna cum laude in 1988.[4]

In 1992, Lavine earned an MBA from Harvard Business School.[5]

Personal life[edit]

Lavine married Jeannie Diane Bachelor in June 1992 at Temple B’nai Abraham in Livingston, New Jersey.[6]

Career[edit]

Lavine began his career as an analyst at Drexel Burnham Lambert upon his graduation in 1988. From 1991-1993, he worked as a consultant for McKinsey & Company[7] until moving on to Bain Capital. In 1998, Lavine founded Sankaty Advisors, LLC as the credit and special situations affiliate of Bain Capital and was managing partner and chief investment officer of the firm.[8] Sankaty was renamed Bain Capital Credit in 2016.[9][8]

In 2016, Bain Capital named Lavine co-managing partner of the firm. Lavine continued to lead Bain Capital Credit and Special Situations after becoming co-managing partner of Bain Capital.[9] In March 2024, Lavine became the Chair of Bain Capital.[10]

On December 6, 2016, President Barack Obama named Lavine to be a member of the United States Holocaust Memorial Council.[11] On May 17, 2023, President Joseph Biden reappointed Lavine to the Council.[12]

In 2008, Lavine also became a member of the Boston Celtics ownership group,[13] Boston Basketball Partners LLC.

Philanthropy[edit]

Lavine has been on the board of several organizations and educational institutions, including City Year,[14] Boston Children's Hospital,[15] the Dana-Farber Cancer Institute,[16] Columbia University,[17] Horizons for Homeless Children,[18] and Opportunity Nation.[19]

In 2007, the Lavines formed the Crimson Lion Foundation, a private family foundation through which they have concentrated their philanthropic activities.[20]

Lavine has donated to a number of organizations and institutions, including City Year,[21] Harvard University,[22] Harvard Business School,[23] LIFT Communities,[24] Equal Justice Initiative,[25] and public radio station WBUR,[26] and the U.S. Holocaust Museum.[27]

References[edit]

  1. ^ "Jonathan Lavine | Office of the Secretary of the University". secretary.columbia.edu. Retrieved 2021-09-22.
  2. ^ "David Greenwald and Claire Shipman Named Co-Chairs of Columbia's Board of Trustees". Columbia News. 18 May 2023. Retrieved 16 May 2024.
  3. ^ "Jonathan Lavine". Columbia. 16 May 2024. Retrieved 16 May 2024.
  4. ^ "Jonathan Lavine". Office of the Secretary of the University. Columbia University. Retrieved 19 April 2013.
  5. ^ "Keynote Speakers". Wharton Restructuring Club. Retrieved 17 April 2013.
  6. ^ "WEDDINGS; Jeanne Bachelor, Jonathan S. Lavine". The New York Times.
  7. ^ "Jonathan Lavine". Profile on Sankaty.com. Sankaty Advisors. Archived from the original on 22 March 2016. Retrieved 17 April 2013.
  8. ^ a b Banerjee, Devin (7 April 2016). "Bain Capital Promotes Four, Renames Hedge Fund, Credit Units". Bloomberg. Retrieved 15 November 2018.
  9. ^ a b KREUTZER, Laura. "Bain Capital Rebrands Credit Affiliate, Public Equity Unit". WSJ.com. The Wall Street Journal. Retrieved 27 April 2016.
  10. ^ Kreutzer, Laura. "Bain Capital Elevates David Gross as Part of Leadership Transition". WSJ. Retrieved 2024-05-16.
  11. ^ "Press Release - President Obama Announces More Key Administration Posts | The American Presidency Project". www.presidency.ucsb.edu. Retrieved 2021-07-14.
  12. ^ House, The White (2023-05-17). "President Biden Announces Key Appointments to Boards and Commissions". The White House. Retrieved 2024-05-16.
  13. ^ "Celtics Owners Use Financial Background In Team's Management". SportsBusiness Daily. Archived from the original on 5 March 2016. Retrieved 16 April 2013.
  14. ^ "The City Year Story" (PDF). Profile. City Year. Archived from the original (PDF) on 5 May 2012. Retrieved 16 April 2013.
  15. ^ "Boston Children's Hospital Trust: Board of Trustees". Who Supports Boston Children's. Boston Children's Hospital. Archived from the original on 24 April 2013. Retrieved 17 April 2013.
  16. ^ "Dana-Farber Cancer Institute, Inc. Members of the Board of Trustees" (PDF). Dana-Farber Cancer Institute. Archived from the original (PDF) on 8 June 2017. Retrieved 17 April 2013.
  17. ^ "Campus News | Columbia College Today". www.college.columbia.edu. Retrieved 2018-11-14.
  18. ^ "Jonathan Lavine". Profile. Opportunity Nation. Retrieved 19 April 2013.
  19. ^ "Leadership Circle | Be The Change, Inc". Be The Change, Inc. Retrieved 2017-04-07.
  20. ^ "Jonathan Lavine". Profile. Anti-Defamation League. Retrieved 18 April 2013.
  21. ^ Year, City. "City Year Launches Ten-Year Strategy To Build The Nation's Urban Graduation Pipeline". www.prnewswire.com. Retrieved 2017-04-27.
  22. ^ Powell, Alvin. "A training lifeline for rescuers". Harvard Gazette. Retrieved 15 April 2013.
  23. ^ "Business School Expands Financial Aid Opportunities | News | The Harvard Crimson". www.thecrimson.com. Retrieved 2018-01-17.
  24. ^ "[News Release] LIFT Launches The Lavine Family Innovation Fund – LIFT". www.liftcommunities.org. Retrieved 2018-01-17.
  25. ^ "Bain Capital exec gives $1 mil to anti-incarceration nonprofit - The Boston Globe". Retrieved 2016-07-05.
  26. ^ "WBUR gets record $5 million donation for its cultural events center - The Boston Globe". BostonGlobe.com. Retrieved 2018-11-15.
  27. ^ "Museum Opens New Exhibition "Americans and the Holocaust" — United States Holocaust Memorial Museum". www.ushmm.org. Retrieved 2018-11-15.
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