Paul E. Tierney Explained

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

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

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]

Notes and References

  1. Web site: Aperture Venture Partners . Aperturevp.com . 2010-11-23 . dead . https://web.archive.org/web/20110707151929/http://www.aperturevp.com/team.htm . 2011-07-07 .
  2. Web site: Fidus Partners . Fidus Partners . 2010-11-23 . dead . https://web.archive.org/web/20110101180543/http://www.fiduspartners.com/fc_team.html . 2011-01-01 .
  3. Daniel Fisher Bullish On Harare; Champions of Free Enterprise Forbes Magazine
  4. http://www4.gsb.columbia.edu/cbs-directory/detail/494846/Paul%20Tierney%20Jr Paul Tierney Jr.
  5. https://books.google.com/books?id=lm-XMcHFV1cC&pg=PA126 World Poverty
  6. Susan Young Straddling Two Worlds: Paul Tierney Harvard Business School Online Bulletin December 2002
  7. http://www.alumni.hbs.edu/bulletin/2002/december/profile.html alumni profile
  8. Book: Ethics and the investment industry . registration . Oliver F. Williams . Frank K. Reilly . John W. Houck . 254. Rowman & Littlefield. 1989. 978-0-8476-7613-2 .
  9. Paul Tierney Named Chair of SIPA Board of Advisors. Columbia News. Oct 19, 2005 .
  10. http://investing.businessweek.com/businessweek/research/stocks/private/person.asp?personId=604826&privcapId=7732939&previousCapId=671980&previousTitle=BLACKSTONE%20GROUP%20LP/THE Businessweek profile
  11. Web site: 3 Coniston partners are splitting up - Chicago Sun-Times | HighBeam Research - FREE trial . https://web.archive.org/web/20121105035412/http://www.highbeam.com/doc/1P2-4004382.html . dead . 2012-11-05 . Highbeam.com . 1990-06-23 . 2010-11-23.
  12. Web site: Profile - December 2002 - Alumni Bulletin - Harvard Business School . Alumni.hbs.edu . 2010-09-08 . 2010-11-23.
  13. Columbia Business School profile
  14. http://www.leadersmag.com/issues/2010.2_Apr/Making%20a%20Difference/Tierney-McNamer.html interview