Lloyd Greif

Lloyd Greif
Born	1955
🏡 Residence	Hollywood Hills, Los Angeles, California, U.S.
🎓 Alma mater	University of California, Los Angeles Marshall School of Business Loyola Law School
💼 Occupation	Investment banker
👩 Spouse(s)	Reneé Racicot
👶 Children	2 sons, 1 daughter
👴 👵 Parent(s)	Mendel Berysch Greif Herta Ernst

Lloyd Greif (born 1955) is an American investment banker and philanthropist. He is the founder of Greif & Co., a Los Angeles, California-based investment bank, and the namesake of the Lloyd Greif Center for Entrepreneurial Studies at the USC Marshall School of Business.

Early life

Lloyd Grief was born in 1955. His parents, Mendel Berysch Greif and Herta Ernst, were Holocaust survivors. His father was born in Poland while his mother was born in Bregenz, Austria; they emigrated to the United States in 1947, settling in Los Angeles, where they founded Paris Handbag Manufacturing Co. in Downtown Los Angeles. Grief grew up in Santa Monica, California, and he was orphaned at the age of six, when his father died.

Grief graduated from the University of California, Los Angeles, where he received a bachelor's degree in economics. He received a master in business administration in entrepreneurship from the Marshall School of Business at the University of Southern California. He earned a JD from the Loyola Law School.

Career

Grief worked at Ralphs in college. He started his career at Touche Ross, an accounting and consulting firm, until he joined Sutro & Co., an investment firm. Grief served as its Vice Chairman and Head of the Investment Banking Division.

Grief founded Greif & Co., his own investment bank, in 1992. The bank has invested in industries like "aerospace, defense, entertainment, technology, healthcare, manufacturing". Its deals include the "$1.6-billion sale of 50% of Patrón Spirits Co. to Bacardi International, the $500-million sale of Data Transmission Network Corporation, the $250-million sale of Jon Douglas Real Estate Services Group, the $250-million sale of Rose Hills Mortuary and Cemetery, the $270-million acquisition of Bumble Bee Seafoods, the $140-million acquisition of Pinkerton’s and the $135-million sale of Bristol Farms." Meanwhile, he was also responsible for selling Tower Records after it went bankrupt in 2004.

Grief serves on the board of directors of the California Chamber of Commerce. He is a member of the Young Presidents' Organization and the World Presidents' Organization.

Philanthropy

Grief donated US$5 million to the USC Marshall School of Business to endow the Lloyd Greif Center for Entrepreneurial Studies in 1997. It was the largest donation made by an alumnus to a business school in the United States at the time. He serves as the chairman of its advisory council.

Grief was the recipient of the Loyola Law School Annual Alumni Association Award in 1984, the Outstanding Alumni Entrepreneur of the Year Award from the USC Entrepreneur Program in 1987, and the Corporate Excellence Award from Loyola Law School in 2000. He was the recipient of the Rabbi Edgar F. Magnin God & Country Exemplar Award from the Boy Scouts of America in 2002.

Grief received a commendation from the City of Los Angeles for his "dedication and outstanding contributions to the Los Angeles community" in 1997 and 2002.

Personal life

Grief is married to Reneé Racicot. They have two sons and a daughter. They reside in the Hollywood Hills in Los Angeles, California.

References

This article "Lloyd Greif" is from Wikipedia. The list of its authors can be seen in its historical. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.

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