Draft:Larry Grafstein

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  • Comment: Likely WP:UPE, but the article seems to pass notability. Clearfrienda 💬 03:16, 30 April 2024 (UTC)



Larry Grafstein
Born
Laurence Stephen Grafstein

1960 (age 63–64)
NationalityAmerican
EducationHarvard University (B.A.) 1982

University of Oxford (M.Phil) 1984

University of Toronto (Juris Doctor) 1988
Occupation(s)M&A advisor, banker
Known forRBC Capital Markets (Deputy chairman)
SpouseRebecca Weatherhead
RelativesJerry Grafstein (father)

Larry Grafstein (born Laurence S. Grafstein) is an American investment banker and Mergers and Acquisitions advisor, currently the Deputy Chairman of the Global Investment Bank at RBC Capital Markets.[1][2][3][4]

Early life and education[edit]

Larry Grafstein is the son of former Canadian senator Jerry Grafstein and Carole Grafstein, a member of the Order of Canada.[2][5] He graduated from Harvard University with Bachelor of Arts in 1982 where he was Executive Editor of The Harvard Crimson.[6][7] He received his M.Phil degree from University of Oxford at Balliol, where he was a Rhodes Scholar and president of the Oxford Union.[7][8] He received his Juris Doctor from University of Toronto Faculty of Law in 1988.[9][2]

Career[edit]

Grafstein began his Wall Street career at Wasserstein Perella & Co. in 1990.[10] In 2001, he became the Managing Director and Co-head of Technology, Media and Telecommunications at the investment bank, Lazard Ltd.[11][12][13] In March 2009, Grafstein helped lead the group that bought The New Republic magazine, together with its longtime editor Martin Peretz, from CanWest Communications.[14] He also chaired The New Republic’s Advisory Board until its subsequent sale to Facebook co-founder, Chris Hughes in 2012.[15][16][17][18][19]

Later in 2009, Grafstein joined Rothschild & Co. in New York as a Managing Director and Co-head of M&A.[20][21][22][23][24] In September 2012, he left Rothschild & Co and joined Swiss financial services company, UBS Group AG as Co-head of M&A in the Americas.[25][26][27] He worked at UBS as the co-head of M&A in the Americas.[28][29][30][31] Since September 2018, Grafstein has served as the Managing Director and Deputy Chairman of the Global Investment Bank at RBC Capital Markets.[32][33][34]

Larry Grafstein is also the Chairman of the Board of Trustees at Horace Mann School,[6] a member of the executive committee of the Wall Street division of UJA-Federation of New York[35] and a member of the Board of Trustees of the U.S. Foundation of Upper Canada College, his high school alma mater.[36]

Personal life[edit]

Grafstein has been married to Rebecca Weatherhead since 1989.[37][38]

References[edit]

  1. ^ "DealBook Briefing: Inside McKinsey's Biggest Crisis". The New York Times. 2018-06-27. ISSN 0362-4331. Retrieved 2023-07-18.
  2. ^ a b c Posadzki, Alexandra (2018-06-25). "RBC snags UBS banker Larry Grafstein as deputy chairman". The Globe and Mail. Retrieved 2023-07-18.
  3. ^ "RBC's Grafstein Sees Market Caution Amid Fed Uncertainty". Bloomberg. March 9, 2023. Retrieved 2023-07-18.
  4. ^ Morrell, Alex. "RBC's deputy chairman of investment banking explains why M&A has returned with a vengeance after going dormant last quarter". Business Insider. Retrieved 2023-07-18.
  5. ^ "Mrs. Carole Sandra Grafstein". The Governor General of Canada. Retrieved 2023-09-03.
  6. ^ a b Sweet, Vivien. "Larry Grafstein becomes the new Chairman of Board of Trustees". The Record. Retrieved 2023-07-18.
  7. ^ a b "Fewer Win U.S. Rhodes Scholarships | The Harvard Crimson". www.thecrimson.com. January 6, 1982. Retrieved 2023-09-03.
  8. ^ Purnell, Sonia (2011-09-22). Just Boris: A Tale of Blond Ambition - A Biography of Boris Johnson. Aurum. ISBN 978-1-84513-741-0.
  9. ^ "Grafstein Lecture in Communications 2023 | University of Toronto Faculty of Law". www.law.utoronto.ca. Retrieved 2023-07-18.
  10. ^ "M&A … and Bruce". The New Republic. 2009-10-15. ISSN 0028-6583. Retrieved 2023-09-03.
  11. ^ Sidel, Robin (2001-07-18). "Grafstein Joins Lazard In Coup for the Bank". Wall Street Journal. ISSN 0099-9660. Retrieved 2023-07-18.
  12. ^ "Two Bankers Put the Blame on Wall Street". The New York Times. 2008-09-29. Archived from the original on 2019-10-03. Retrieved 2023-07-18.
  13. ^ "UBS holt sich neuen M&A-Chef für Amerika". finews.ch (in German). 2012-08-22. Retrieved 2023-07-18.
  14. ^ "Canwest sells magazine to meet debt payments". CTV News. 2009-03-09. Retrieved 2023-07-18.
  15. ^ Lizza, Ryan (2014-12-12). "Inside the Collapse of The New Republic". The New Yorker. ISSN 0028-792X. Retrieved 2023-07-18.
  16. ^ Farhi, Paul (2023-05-19). "Chris Hughes, Facebook co-founder, takes over New Republic magazine". Washington Post. ISSN 0190-8286. Retrieved 2023-09-03.
  17. ^ Peretz, Martin (2023-07-11). The Controversialist: Arguments with Everyone, Left Right and Center. Simon and Schuster. ISBN 978-1-63758-228-2.
  18. ^ Waldman, Paul (2009-03-06). "The Future of The New Republic". The Daily Beast. Retrieved 2023-09-03.
  19. ^ Legg, Heidi (2020-03-25). "Preserving America's Thought Leader Magazines". Shorenstein Center. Retrieved 2023-09-03.
  20. ^ "Grafstein to take top Rothschild US M&A job -WSJ". Reuters. 2009-06-15. Retrieved 2023-09-03.
  21. ^ O’Donnell, Carl (2018-06-22). "MOVES-RBC hires veteran banker Grafstein from UBS for senior role -sources". Reuters. Retrieved 2023-07-18.
  22. ^ "Bruce Wasserstein's Last Surprise". Vanity Fair. 2010-03-29. Retrieved 2023-07-18.
  23. ^ Basar, Shanny. "Investment banker of the Week: Laurence Grafstein - UBS's $600bn man". www.fnlondon.com. Retrieved 2023-07-18.
  24. ^ "UBS AG Appoints Laurence Grafstein as Managing Director and Co-Head of Americas M&A Group". www.marketscreener.com. 2012-08-23. Retrieved 2023-07-18.
  25. ^ Brumpton, Harry (2018-06-05). "UBS hires Solon Kentas to lead U.S. consumer and retail M&A". Reuters. Retrieved 2023-07-18.
  26. ^ "New York Boutiques Take Center Stage on AT&T-Discovery Megadeal". Bloomberg.com. 2021-05-18. Retrieved 2023-07-18.
  27. ^ "UBS hires Stephenson ahead of Barclays revamp". Australian Financial Review. 2014-05-02. Retrieved 2023-07-18.
  28. ^ "U.S. tax curbs on debt deduction to sting buyout barons". Reuters. 2017-12-21. Retrieved 2023-07-18.
  29. ^ "UBS's Grafstein Says M&A Being Spurred by Slow Economic Growth - Bloomberg". 2016-08-15. Retrieved 2023-07-18.
  30. ^ "Global M&A volume down, but big US deals driving activity: Grafstein". CNBC. Retrieved 2023-07-18.
  31. ^ Merced, Michael J. de la (2012-08-21). "UBS Hires Grafstein as Co-Head of M.&A. in the Americas". The New York Times. Retrieved 2023-07-18.
  32. ^ Richgels, Jeff (2023-03-09). "Duluth Holdings reports fiscal Q4, 2022 results below a year earlier". Wisconsin State Journal. Retrieved 2023-07-18.
  33. ^ Morrell, Alex. "2018 has been one of the wildest years in M&A since the financial crisis — here are the 40 biggest investment-banker moves". Business Insider. Retrieved 2023-07-18.
  34. ^ Rosenbaum, Joshua; Pearl, Joshua (2020-03-20). Investment Banking: Valuation, LBOs, M&A, and IPOs. John Wiley & Sons. p. 23. ISBN 978-1-119-70658-8.
  35. ^ "Wall Street Dinner Dais". UJA-Federation of New York. Retrieved 2023-07-18.
  36. ^ "Philanthropic Leadership | Upper Canada College". www.ucc.on.ca. Retrieved 2023-09-03.
  37. ^ Rabines, Amanda (2017-06-02). "Oceana Bal Harbour | Eduardo Costantini | Bal Harbour unit". The Real Deal. Retrieved 2023-07-18.
  38. ^ "Below, getting ready to make their first entrance as a newly married couple are Rebecca Grafstein in a wedding grown of white silk and lace by Milli of Hamilton, and Laurence Grafstein". Digital Archive. 1989-08-08. Retrieved 2023-09-03.

External links[edit]

Larry Grafstein at Crunchbase