Glenn Hutchins

Who
Hutchins is one of the founders of Silver Lake Partners, a private equity firm that takes big stakes in big technology companies.
Backstory
Before launching Silver Lake in the late 1990s, the Virginia native and Harvard JD/MBA learned his deal-making skills at Chemical Bank, the venerable buyout shop Thomas Lee Partners, and Pete Peterson and Steve Schwarzman's Blackstone Group. In 1999, Hutchins teamed up with Silicon Valley vets Dave Roux, James Davidson, and Roger McNamee to form Silver Lake, naming the firm after the ski run in Utah where the partners hashed out their plan. They quickly raised $2.2 billon for their first fund, but took a slow-and-steady approach: It wasn't until 2000 that Silver Lake made its first acquisition, buying the financial services company Datek for $700 million. (They doubled their money when they sold the company.) Other investments over the years have included Gartner, Sabre Holdings, Seagate Technology, SunGard Data Systems, and Thomson. In 2008, the California Public Employees Retirement System purchased a 9.9 percent stake in the firm for a reported $275 million.
Campaign trail
Hutchins in a prominent Democratic fundraiser. During Bill Clinton's administration, he served as a special advisor on economic and healthcare policy and former Treasury Secretary Bob Rubin appointed him to serve on the Treasury department's advisory committee on financial services. A generous contributor to the party, he backed Hillary Clinton's presidential campaign in 2008.
Board game
Hutchins is on the board of trustees of New York-Presbyterian, along with Ray McGuire, Dan Och, Dick Fuld, Arthur Samberg and Sandy Weill, among others.
Personal
Hutchins and his wife Deborah live in Rye.
