Stephen Pagliuca

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Stephen Pagliuca
Personal details
Born (1955-01-16) January 16, 1955 (age 69)
Framingham, Massachusetts,
U.S.
Alma mater Duke University
Harvard Business School

Stephen Pagliuca (born January 16, 1955) is an American private equity investor, managing partner of Bain Capital,[1] and co-owner of the Boston Celtics of the National Basketball Association (NBA).[2]

Education

Steve Pagliuca attended Duke University where he played freshman basketball before receiving a BA in 1977. He has served on Duke’s Trinity Board of Investors from 2001-2008, chairing the board from 2005-2007. He is a member of the Campaign Steering Committee and also serves on the Board of Trustees, serving on the Audit Committee and the Institutional Advancement Committee.[3]

Pagliuca received an MBA from Harvard Business School (HBS) in 1982. He is member of the HBS Board of Dean’s Advisors, the University Board of Overseers Committee on University Resources and the HBS Healthcare Initiative Advisory Board. He serves on the MGH President’s Council and co-Chairs the HBS Fund.[4][3]

Career

Pagliuca started his career as a senior accountant and international tax specialist at Peat Marwick Mitchell & Company in the Netherlands (Peat Marwick is today KPMG).[5]

Following this, he joined Bain & Company, a global consulting firm, in 1982 where he managed client relationships in the information services and healthcare industries. Pagliuca also was involved in the creation of Bain & Company’s turnaround practice.[1] He then founded the Information Partners Venture Capital Fund and joined Bain Capital in 1989, where he began investing in numerous companies in the media, technology, financial services and healthcare industries.[6] He now works as a Managing Director focusing on Technology, Media & Telecommunications.[1]

He is a former member of the Board of Directors of Burger King, Warner Chilcott, Gartner Group and the Hospital Corporation of America.[5][2]

In 2009, Pagliuca was a Democratic candidate for the U.S. Senate position formerly occupied by Ted Kennedy.[7] He is a member of Congressman Joe Kennedy’s Finance Committee, the Campaign to Fix the Debt and the Democratic National Advisory Committee.[8]

Boston Celtics

In 2003, Pagliuca, along with H. Irving Grousbeck and Wyc Grousbeck, Robert Epstein, William P. Egan, David Epstein and John Svenson, was part of the consortium (Boston Basketball Partners LLC) that acquired the Boston Celtics for $360 million.[9]

Pagliuca is the managing general partner and member of the executive committee of the Celtics and serves as a member of the Board of Governors and the Competition Committee for the National Basketball Association.[2]

Philanthropy

Pagliuca is co-chair of the Boston 2024 Olympics Finance Committee.[10] He also is a member of HBS’ Board of Dean’s Advisors, Harvard University’s Board of Overseers’ Committee on University Resources, the HBS Healthcare Initiative Advisory Board and co-chair of the HBS Fund. He is a member of Duke University’s Board of Trustees and serves on Massachusetts General Hospital’s President’s Council.[2]

In 2005, Pagliuca received the Bright Star Award as recognition for his charitable activities from Bill Clinton.[11] In 2010, Habitat Humanity presented him with the American Dream Award for outstanding contributions to the Greater Boston Community.[12]

See also

References

Notes
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Bibliography