Christopher Flowers
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| Christopher Flowers | |
| Occupation | Founder of J.C. Flowers & Co. and former head of the Global Financial Institutions Group at Goldman Sachs |
|---|---|
| Employer | J.C. Flowers & Co. |
| Location | New York |
J. Christopher Flowers is the founder of J.C. Flowers & Co. LLC. Prior to starting the company in 2002, he served as head of the Global Financial Institutions Group at Goldman Sachs until 1998.
Flowers was listed in Forbes' magazine's 400 Richest Americans list in 2006, and at that time it was estimated that his net worth was around $1.2 billion.[1] He was also ranked 645 among the world's richest people in 2006 by the magazine. He is said to be an avid chess player and enjoys boating and squash.[2]
Background
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Flowers got his start as dealmaker for Goldman Sachs. He made partner in 1988 and left to start J.C. Flowers & Co. buyout shop 10 years later. With Ripplewood Investments, he bought Long Term Credit Bank of Japan in 2000. Once the institution was renamed Shinsei Bank, Flowers cut jobs and fixed the balance sheet. Partners reaped $2.3 billion in a 2004 public offering and Flowers' stake was said to be worth around $540 million as of 2006. Other Flowers investments include Enstar financial services and NIBC (private Netherlands bank).[3]
Education
Flowers is a Harvard University grad from the class of 1979 and he helped to create a $50 million fund at the university.[4]
References
- ↑ #322 J. Christopher Flowers. Forbes.com. Retrieved on May 21, 2008.
- ↑ #645 J. Flowers. Forbes.com. Retrieved on May 21, 2008.
- ↑ J Christopher Flowers. Forbes.com. Retrieved on May 21, 2008.
- ↑ Professorship Challenge Fund Set Into Motion. Harvard University Gazette. Retrieved on May 21, 2008.
