Jonathan L. Auerbach
|Occupation||Former Managing Director and Co-Founder|
Auerbach died on November 29, 2012 at Beth Israel Medical Center in New York at the age of 70. The cause of death was lung cancer, which was diagnosed in September 2012.
Auerbach and his firm were recognized as among the first to execute trades for clients in so-called frontier markets such as Russia, Egypt, South Africa and Iraq. The firm has grown to operate in 130 markets worldwide and Auerbach helped Libya open its markets in March 2012.
After serving in the U.S. Army, Auerbach began his career on Wall Street in 1966. He became senior vice president for capital markets at UBS-DB, a joint affiliate of Union Bank of Switzerland and Deutsche Bank AG, in the early 1970s. From 1984 to 1986, Auerbach was managing director for capital markets at Dillon Read & Co.'s London office. He later opened J.L. Auerbach & Co., his own firm, in London. Auerbach returned to New York in 1988 to become chairman of Cresvale International Inc, member of the Cresvale Group, a specialist in international equity-related securities.
Auerbach was born on November 25, 1942, to parents Joseph and Judith Auerbach. His father was a partner of the Sullivan & Worcester law firm and a professor at Harvard Business School. His mother was a reference librarian at the Harvard Graduate School of Design in Cambridge, Massachusetts. Although born in Philadelphia, Auerbach grew up in the New Hampshire and Boston area. He also spent part of his childhood in Dusseldorf, Germany, where his father worked for the U.S. Army.
Auerbach graduated Yale University in 1964.
- Key People. Auerbach Grayson.
- Jonathan L. Auerbach, Obituary. The New York Times.
- Jonathan Auerbach, Broker at Investing Frontiers, Dies at 70. Bloomberg.
- A Conversation With Auerbach Grayson’s David Grayson. Wall Street & Technology.