Steven C. Rattner (born 1960) was a managing director of

Credit Suisse Credit Suisse Group AG (, ) was a global Investment banking, investment bank and financial services firm founded and based in Switzerland. According to UBS, eventually Credit Suisse was to be fully integrated into UBS. While the integration ...

in the Asset Management division and the former Head of its

DLJ Merchant Banking Partners aPriori Capital Partners is a private equity investment firm focused on leveraged buyout transactions. The firm was founded as an affiliate of Credit Suisse and traces its roots to Donaldson, Lufkin & Jenrette, the investment bank acquired by Cr ...

affiliate.

Career

Rattner joined

Donaldson, Lufkin & Jenrette Donaldson, Lufkin & Jenrette (DLJ) was a U.S. investment bank founded by William H. Donaldson, Richard Jenrette, and Dan Lufkin in 1959. Its businesses included securities underwriting; sales and trading; investment and merchant banking; financi ...

in 1985 as an associate in its Investment Banking division working in DLJ's top ranked leveraged finance business. At DLJ, he held many critical positions including Head of DLJ's European Fixed Income business in London serving on the board of DLJ International. In 2000, when

was acquired by

Credit Suisse First Boston Credit Suisse First Boston (also known as CSFB and CS First Boston) was the investment banking affiliate of Credit Suisse headquartered in New York. The company was created by the merger of First Boston Corporation and Credit Suisse Group in 1 ...

, Rattner was Head of International Fixed Income. Rattner would move to become the Head of European Leveraged Finance responsible for all underwriting and client coverage involving the high yield and syndicated loan products for the merged firm. In 2001, Rattner was named head of

private equity Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the co ...

affiliate,

. In this capacity, he served on the Investment Committees of MBP II, III, and IV. Rattner has also served on the boards of various companies including

Warner Chilcott Warner Chilcott (formerly Galen) was a company in the pharmaceutical industry based in Rockaway, New Jersey. It was primarily focused on women's healthcare and dermatology. On October 1, 2013, the company was acquired by Actavis (now Allergan). H ...

, United Site Services, Hard Rock Hotel, and Peach Holdings. Rattner stepped down from his position as head of

in 2008 amidst controversy around Rattner's affair with a married woman, Kelly Cosgrove. Tommi Cosgrove, upon learning of his wife's affair conducted an internet campaign against Rattner. Rattner stepped down from his position although he had not violated any

policies.On Wall Street, Reputation Is Fragile
New York Times, August 5, 2008 He was replaced by Nicole Arnaboldi.

Education

Rattner received a B.A. from

Franklin & Marshall College Franklin & Marshall College (F&M) is a private liberal arts college in Lancaster, Pennsylvania, United States. Founded in 1787 as Franklin College and later merged with Marshall College in 1853, it is one of the oldest colleges in the United St ...

and a J.D. from the

University of Pittsburgh The University of Pittsburgh (Pitt) is a Commonwealth System of Higher Education, state-related research university in Pittsburgh, Pennsylvania, United States. The university is composed of seventeen undergraduate and graduate schools and colle ...

, where he was a member of the Law Review, and an M.B.A. from the

Stern School of Business The Leonard N. Stern School of Business (also NYU Stern, Stern School of Business, or simply Stern) is the business schools, business school of New York University, a private university, private research university based in New York City. Founded ...

New York University New York University (NYU) is a private university, private research university in New York City, New York, United States. Chartered in 1831 by the New York State Legislature, NYU was founded in 1832 by Albert Gallatin as a Nondenominational ...

References

{{DEFAULTSORT:Rattner, Steven C. Living people Private equity and venture capital investors New York University Stern School of Business alumni Franklin & Marshall College alumni University of Pittsburgh School of Law alumni 1960 births Credit Suisse people