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Thought you guys would like to know whom you are dealing with. I have met him as JPMC has been one of my clients. He is a very powerful man and not just because of his money. More because of the circles he travels in and the people he knows.
Lee joined Chemical Bank in 1975 and worked in a variety of lending businesses until 1980, when he founded and ran Chemical’s merchant bank in Australia. In 1982, he returned to the US and started the bank’s syndicated leverage finance group, which constituted the origins of the investment banking business at Chemical and later Chase Manhattan Bank. Lee ran the investment bank until the merger with J.P. Morgan & Co. in 2001.[1]
History of private equity
and venture capital
Early History
(Origins of modern private equity)
•
The 1980s
(LBO boom)
•
The 1990s
(LBO bust and the VC bubble)
•
The 2000s
(Dot-com bubble to the Credit crunch)
v • d • e
Following Chemical’s merger with Manufacturers Hanover in 1994, Lee founded the bank’s high yield (or junk bond) business, which was the bank's first public securities operation. At the same time, he built the bank’s financial sponsor coverage business focused on private equity firms as well as the bank's mergers and acquisitions business.[1]
In 2000, Lee was effectively demoted in favor Geoffrey Boisi[2] but within two years Biosi was out and Lee was again leading investment banking at JP Morgan.[3] By 2007, Lee was placed at the center of a New York Times illustration title "Masters of the New Universe" where he was connected with some of the largest leveraged buyout transactions of the past decade.[4]
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