Arthur Goodhart Altschul (April 6, 1920 – March 17, 2002) was an American banker and a Goldman Sachs Group partner,Paid Notice: Deaths: Altschul, Arthur Goodhart
New York Times and executive at his private

family office A family office is a privately held company that handles investment management and wealth management for a wealthy family, generally one with at least $50-$100 million in investable assets, with the goal being to effectively grow and transfer w ...

, Overbrook Management Corporation, founded by his father.

Early life

Altschul was born in 1920 in

Manhattan Manhattan (), known regionally as the City, is the most densely populated and geographically smallest of the five Boroughs of New York City, boroughs of New York City. The borough is also coextensive with New York County, one of the List of co ...

to Helen Lehman Goodhart (maternal granddaughter of

Mayer Lehman Mayer Lehman (January 9, 1830 – June 21, 1897) was a German-born American businessman, banker, and philanthropist. He was one of the three founding brothers of the investment bank Lehman Brothers. Early life Mayer Lehman was born in 1830 to ...

, one of the three founding brothers of Lehman brothers) and

Frank Altschul Frank Altschul (April 21, 1887 – May 29, 1981) was an American financier at General American Investors Company,Krebs, Albin (May 30, 1981)New York Times: "Frank Altschul, A Banker and Noted Philanthropist."''New York Times''. and founder of th ...

.Bernhard, William, L., Birge, June Rossbach Bingham, Loeb, John L., Jr.. '' Lots of Lehmans – The Family of Mayer Lehman of Lehman Brothers, Remembered by His Descendants''.

Center For Jewish History The Center for Jewish History is a partnership of five Jewish history, scholarship, and art organizations in New York City: American Jewish Historical Society, American Sephardi Federation, Leo Baeck Institute New York, Yeshiva University Mus ...

, 2007, page 1 He graduated from

Deerfield Academy Deerfield Academy is an elite coeducational preparatory school in Deerfield, Massachusetts. Founded in 1797, it is one of the oldest secondary schools in the United States. It is a member of the Eight Schools Association, the Ten Schools Admi ...

in Massachusetts and in 1943 from

Yale College Yale College is the undergraduate college of Yale University. Founded in 1701, it is the original school of the university. Although other Yale schools were founded as early as 1810, all of Yale was officially known as Yale College until 1887, ...

Career

He served in the

Marines Marines, or naval infantry, are typically a military force trained to operate in littoral zones in support of naval operations. Historically, tasks undertaken by marines have included helping maintain discipline and order aboard the ship (ref ...

from 1943 through 1945 and was a reporter for ''

The New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...

'' in the late 1940s. He worked as an analyst with

Lehman Brothers Lehman Brothers Holdings Inc. ( ) was an American global financial services firm founded in 1847. Before filing for bankruptcy in 2008, Lehman was the fourth-largest investment bank in the United States (behind Goldman Sachs, Morgan Stanley, a ...

, then joined General American Investors Company and then Goldman Sachs where he served as a general partner from 1959 to 1977 and a limited partner from 1977 to 1999. He was also chairman of General American Investors from 1961 to 1995. He led the private

, Overbrook Management Corporation, founded by his father to manage and protect the wealth and financial well-being of the Altschul Family. In 2002, the office opened to provides asset management and related services to institutional investors and high net worth individuals. Over the years, Overbrook's leadership passed to him, and then to the third generation, his son, Arthur Goodhart Altschul, Jr, who currently serves as Overbrook's Chairman.Our Team
overbrook.com

Philanthropy

Altschul was on the Board of Trustees of many museums and philanthropic organisations, including the

Whitney Museum The Whitney Museum of American Art, known informally as "The Whitney", is an art museum in the Meatpacking District, Manhattan, Meatpacking District and West Village neighborhoods of Manhattan in New York City. It was founded in 1930 by Gertrude ...

, the

United Jewish Appeal The United Jewish Appeal (UJA) was a Jewish philanthropic umbrella organization that existed from its creation in 1939 until it was folded into the United Jewish Communities, which was formed from the 1999 merger of United Jewish Appeal (UJA), ...

, the

Overbrook Foundation The Overbrook Foundation is a philanthropic organization, founded in 1949. Since its creation, it has donated more than $188 million to education and progressive causes. History Frank and Helen Altschul created Overbrook to fund education caus ...

, the

Metropolitan Museum of Art The Metropolitan Museum of Art of New York City, colloquially "the Met", is the largest art museum in the Americas. Its permanent collection contains over two million works, divided among 17 curatorial departments. The main building at 100 ...

, The American Assembly, and the International Foundation for Art Research.

Barnard College Barnard College of Columbia University is a private women's liberal arts college in the borough of Manhattan in New York City. It was founded in 1889 by a group of women led by young student activist Annie Nathan Meyer, who petitioned Col ...

at its 1984 commencement ceremonies awarded Altschul its highest honor, the

Barnard Medal of Distinction The following is a list of notable individuals associated with Barnard College through attendance as a student, service as a member of the faculty or staff, or award of the Barnard Medal of Distinction. Notable alumnae Academics and scientists ...

Personal life

Arthur Altschul married four times: *Stephanie Rosemary Wagner (married 1956), who died in a plane crash in 1961. They had two children: **

Stephen Altschul Stephen Frank Altschul (born February 28, 1957) is an American mathematician who has designed algorithms that are used in the field of bioinformatics (the Karlin-Altschul algorithm and its successors). Altschul is the co-author of the BLAST algori ...

(born 1957), a mathematician and researcher. **Charles Altschul (born 1958). *

Siri von Reis Siri Sylvia Patricia von Reis (February 10, 1931 – August 3, 2021) was an American botanist, author, and poet of half- Finnish and half-Swedish ancestry. She was an authority on traditional medicine. She was also an investigator at the New Yor ...

(married 1963; divorced 1972), a botanist. They had three children: ** Arthur Altschul, Jr. (born 1964). In 2013, he married Israeli journalist

Rula Jebreal Rula Jebreal ( ar, رولا جبريل, he, רולא ג'בריל; born April 24, 1973) is a Palestinian foreign policy analyst, journalist, novelist and screenwriter with dual Israeli and Italian citizenship. She was a commentator for MSNBC. ...

. **Emily Helen Altschul (born 1966). In November 2002, she married John Miller, a journalist and former host of ''

20/20 Visual acuity (VA) commonly refers to the clarity of vision, but technically rates an examinee's ability to recognize small details with precision. Visual acuity is dependent on optical and neural factors, i.e. (1) the sharpness of the retinal ...

,'' a weekly news magazine on

ABC ABC are the first three letters of the Latin script known as the alphabet. ABC or abc may also refer to: Arts, entertainment, and media Broadcasting * American Broadcasting Company, a commercial U.S. TV broadcaster ** Disney–ABC Television ...

. **

Serena Altschul Serena Altschul (born October 13, 1970) is an American broadcast journalist, known for her work at MTV News and CBS. Early life and education Altschul was born in New York City, a daughter of author and botanist Siri von Reis and Arthur Alts ...

(born 1970). She has worked as a broadcast journalist for the

MTV MTV (Originally an initialism of Music Television) is an American cable channel that launched on August 1, 1981. Based in New York City, it serves as the flagship property of the MTV Entertainment Group, part of Paramount Media Networks, a di ...

, CNN and CBS networks. *Diana Landreth Childs (marriage ended by divorce). * Patricia Dey (married 1996).

References

{{DEFAULTSORT:Altschul, Arthur 1920 births 2002 deaths People from Manhattan 20th-century American businesspeople American people of German-Jewish descent Lehman family Yale College alumni Deerfield Academy alumni United States Marine Corps personnel of World War II