User:Taenakim/sandbox

This is the user sandbox of Taenakim. A user sandbox is a subpage of the user's user page. It serves as a testing spot and page development space for the user and is not an encyclopedia article. Create or edit your own sandbox here.

Other sandboxes: Main sandbox | Template sandbox

Finished writing a draft article? Are you ready to request review of it by an experienced editor for possible inclusion in Wikipedia? Submit your draft for review!

Scott Bancroft Kapnick Born February 9, 1959 (age 57) Chicago, IL Residence New York City

Nationality American

Alma mater Williams College University of Chicago (JD/MBA)

Occupation CEO of HPS Investment Partners

Spouse(s) Kathleen Kapnick Children 4

Scott B. Kapnick (born February 9, 1959) is an American business executive. He is the CEO of HPS Investment Partners, LLC (“HPS”) (formerly known as Highbridge Principal Strategies, LLC), a leading global investment firm with a focus on non-investment grade credit, which he established in 2007[4][17]. He also served as CEO of Highbridge Capital Management from 2013 to 2016. Kapnick began his career at Goldman, Sachs & Co. (“Goldman Sachs”) and held numerous positions including serving as Co-Head of Global Investment Banking and Co-CEO of Goldman Sachs International prior to retiring in 2006[1]. Contents ● 1 Early life and education ● 2 Business career ● 3 Philanthropy ● 4 Personal life ● 5 References ● 6 External links Early life and education Scott B. Kapnick was born in Chicago, Illinois, to Harvey E. Kapnick Jr. and M. Jean Bradshaw, who passed away in 1962[6]. Kapnick’s father married Mary Redus Johnson in 1963, and the two raised Kapnick along with his two brothers [6]. His father grew up on a farm in Michigan and served as a second lieutenant in the United States Army Air Corps[6]. He later went on to serve as CEO of Chicago Pacific, chairman of General Dynamics where he worked as vice chairman for strategic planning, and CEO of the accounting firm Arthur Andersen[6]. Kapnick studied political economy at Williams College, and also studied at the London School of Economics & Political Science[2]. He then went on to the University of Chicago and graduated with a combined JD and MBA in 1985[8]. Business career Upon graduating from the University of Chicago, Kapnick began working in the investment banking unit of Goldman Sachs in 1985. He spent the first five years in New York and then went on to work in Frankfurt and London for the next 10 years until he returned to New York in 2001[2]. Kapnick played a major role in helping Goldman Sachs expand their investment banking practice throughout Europe in the 1990s and became partner in 1994[2]. In 2001, Kapnick was promoted to Co-Head of Global Investment Banking and also became Co-CEO of Goldman Sachs International in 2005, both positions that he would hold until his retirement[2]. Throughout his tenure at Goldman, Kapnick also served on various committees including the firm's Management Committee which he joined in 2001 and the Investment Committee of the Principal Investment Area which he joined in 1998. After 21 years, Kapnick retired from Goldman Sachs at the end of 2006[1].

In 2007, Kapnick joined Highbridge Capital Management to establish and serve as CEO of Highbridge Principal Strategies, LLC (currently known as HPS Investment Partners, LLC), the firm’s global credit and private investment platform[3]. He grew the business quickly to manage over $14 billion by 2013[4]. In July 2013, Kapnick was appointed CEO of Highbridge Capital Management[4], where he succeeded Glenn Dubin, the firm’s co-founder.

In 2016, Kapnick and executives of HPS Investment Partners purchased Highbridge Principal Strategies from JPMorgan Asset Management Holdings Inc. and separated from Highbridge Capital Management[17]. The new firm is named HPS Investment Partners, LLC and has over $30 billion of assets under management and over 200 employees globally[17].

Kapnick also serves as the Chairman of the Board of Aileron Therapeutics[16]. Philanthropy Kapnick, who works with a number of non-profits and other organizations, serves as the Chairman of the Board of Directors of Room to Read[12] and serves on the Board of Directors of the Naples Botanical Garden[13], which his father helped establish in 2000[7]. He and his wife Kathleen have been involved in a number of philanthropic projects, often under the auspices of the Kapnick Foundation, including the implementation of a new curriculum on leadership development at the University of Chicago Law School and the Booth School of Business at the University of Chicago[8], the Distinguished Writer-in-Residence Program at the University of Virginia[14] and the Harvey Kapnick Business Institutions Program at Northwestern University[15]. Kapnick also sits on the Council on Foreign Relations and is Chairman of the Campaign Board at the Churchill Archives Centre in England[12]. Personal life Kapnick met his wife Kathleen, a lawyer, while both were attending the University of Chicago School of Law in the early 1980s[8]. Kapnick and his wife reside in both New York City and Naples, Florida, and are the parents of three daughters and a son. References 1. "Goldman’s Co-Head of Investment Banking to Leave". New York Times. November 27, 2006. Retrieved 2016-08-04. 2. "Scott Kapnick - Chief Executive Officer, Highbridge Capital Management". Salt Conference. 2014. Retrieved 2016-08-04. 3. "Highbridge taps Kapnick to start private equity arm". Reuters. June 4, 2007. Retrieved 2016-08-04. 4. “Glenn Dubin Appoints Scott Kapnick CEO of Highbridge Capital Management". Business Wire. July 16, 2013. Retrieved 2016-08-04. 5. "Scott Kapnick". Bloomberg Businessweek. Retrieved 2015-02-28. 6. "Harvey Kapnick, 77, Former Chairman at Arthur Andersen". New York Times. August 20, 2002. 7. Williams, Roger (November 5, 2009). "A collusion of brilliance". Florida Weekly. Retrieved 2015-02-28. 8. Ferziger Nagorsky, Marsha (2014). "The Kapnick Leadership and Professionalism Initiative: Translating a Successful Booth Class to the Law School". Stay Connected (University of Chicago School of Law). Retrieved 2015-02-28. 9. "Goldman Sachs Names Blankfein, Steel and Kaplan Vice Chairmen". Goldman Sachs. May 27, 2002. Retrieved 2015-02-28. 10. Haeithaus, Harriet (November 8, 2009). "Naples Botanical Garden reopening as second largest garden in the state". Naples Daily News. Retrieved 2015-02-28. 11. “Highbridge Chief Closes in on Private Equity Unit MBO”. HFMweek. March 30, 2016. 12. Room to Read. 13. Naples Botanical Garden. 14. Kapnick Foundation Distinguished Writer-in-Residence Program. 15. Kapnick Business Institutions Program. 16. Aileron Therapeutics. 17. HPS Investment Partners.