The Life and Times of Jack Nash (businessman)

Jack Nash was a successful businessman who played a significant role in the development of the financial industry. He was the co-founder of Lazard Frères & Co.

Jack Nash's career in finance spanned over four decades, during which he worked with prominent investment banks, including Lazard Frères.

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Jack Nash had a remarkable investment career that spanned several decades. He joined Oppenheimer & Company in 1951 and worked his way up to become its president in 1974. Nash's leadership skills and business acumen earned him the position of chairman in 1979. He was a key figure in the company's success, and his vision helped shape its future.

One of Nash's most notable achievements was the sale of Oppenheimer & Company in 1982 for a whopping $163 million. This deal was a testament to his business savvy and ability to negotiate complex deals. Nash and his business partner Leon Levy invested $50 million to start the hedge fund Odyssey Partners, which was a bold move that paid off in the end.

Nash's impact on the business world extended beyond Oppenheimer & Company. He was also a founder of The New York Sun and served as vice chairman of the board of the American Stock Exchange in the late 1970s.

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Jack Nash was inducted into Institutional Investors Alpha's Hedge Fund Manager Hall of Fame in 2008.

He shared this recognition with a group of highly respected individuals in the field of finance.

Among the notable individuals inducted alongside Nash were George Soros and James Simons.

These individuals have made significant contributions to the world of finance and investment.

Their induction into the Hall of Fame is a testament to their dedication and expertise in the field.

Jack Nash, a true pioneer in the hedge fund business, passed away on July 30 at the age of 79.

He died at Mount Sinai Medical Center after a long illness, according to his family.

Jack Nash was a former chairman of Oppenheimer & Company, a company he joined as a trainee in 1951.

He left Oppenheimer briefly to work for his father's textile business, but returned in 1954.

Jack Nash became the company's president in 1974, and its chairman in 1979.

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He met Leon Levy, his longtime business partner, at Oppenheimer, and together they transformed the company into one of the world's largest mutual fund businesses.

The early leveraged buyouts they made were called Oppenheimer deals because that's where they started, said Martin J. Rabinowitz, a partner at Odyssey.

Jack Nash was a man of patience, as he once told The New York Times in 1988, using a Yiddish expression that translates to "a great deal of zitsfleysh".

He was born in Germany on April 10, 1929, and immigrated to the United States at the beginning of World War II.

Jack Nash attended Stuyvesant High School in Manhattan and graduated from City College in 1953.