Steven George Mandis (born in 1970) is an American investor and the founder of Kalamata Capital. He is an adjunct associate professor in finance and economics at
Columbia University Business School. Previously, he worked at
Goldman Sachs and
Citigroup
Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking ...
and as a senior advisor to
McKinsey
McKinsey & Company is a global management consulting firm founded in 1926 by University of Chicago professor James O. McKinsey, that offers professional services to corporations, governments, and other organizations. McKinsey is the oldest and ...
. He is the author of three books: ''What Happened to Goldman Sachs: An Insider's Story of Organizational Drift and its Unintended Consequences'', ''The Real Madrid Way: How Values Created the Most Successful Sports Team on the Planet'', and ''What Happened to Serie A: The Rise, Fall and Signs of Revival''.
Early life and education
Mandis was born in
Chicago, Illinois
(''City in a Garden''); I Will
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, coordinates =
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as one of three children to his parents, Greek emigres George and Theoni. He spent his childhood in Chicago and Grand Rapids, Michigan where he attended
Forest Hills Central High School.
In 1992 he received an A.B. from the
University of Chicago
The University of Chicago (UChicago, Chicago, U of C, or UChi) is a private university, private research university in Chicago, Illinois. Its main campus is located in Chicago's Hyde Park, Chicago, Hyde Park neighborhood. The University of Chic ...
.
After a 16-year career on Wall Street he enrolled at
Columbia University
Columbia University (also known as Columbia, and officially as Columbia University in the City of New York) is a private research university in New York City. Established in 1754 as King's College on the grounds of Trinity Church in Manha ...
, where he received an M.A. in Museum
Anthropology
Anthropology is the scientific study of humanity, concerned with human behavior, human biology, cultures, societies, and linguistics, in both the present and past, including past human species. Social anthropology studies patterns of be ...
in 2010, and an M.Phil in Sociology in 2013, and a Ph.D. in
Sociology
Sociology is a social science that focuses on society, human social behavior, patterns of social relationships, social interaction, and aspects of culture associated with everyday life. It uses various methods of empirical investigation and ...
.
Business career
Mandis began his career at
Goldman Sachs in 1992
as a mergers-and-acquisitions banker.
He later joined the proprietary trading department,
where he helped build the Special Situations Proprietary Trading Group (SSG)
and worked under
Henry Paulson.
In 2004 Mandis left Goldman to join Halcyon Structured Asset Management, an alternative asset management company.
He remained at Halcyon until 2008, and later worked as a senior advisor to
McKinsey & Company
McKinsey & Company is a global management consulting firm founded in 1926 by University of Chicago professor James O. McKinsey, that offers professional services to corporations, governments, and other organizations. McKinsey is the oldest and ...
.
He then worked as an executive at
Citigroup
Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking ...
in various roles including chief of staff to its president.
In 2013 Mandis founded Kalamata Capital, a small business finance company that he funded with his own money, naming it after the area of Greece his parents are from.
Since leaving Wall Street in 2012,
Mandis has taught at
Columbia Business School
Columbia Business School (CBS) is the business school of Columbia University, a private research university in New York City. Established in 1916, Columbia Business School is one of six Ivy League business schools and is one of the oldest busin ...
as an adjunct professor.
Books
In 2013 Mandis's book ''What Happened to Goldman Sachs: An Insider’s Story of Organizational Drift and its Unintended Consequences'' was published by
Harvard Business Press, based upon his PhD dissertation at Columbia.
It won the 2014 Gold Axiom Business Book Award for Corporate History.
In 2016 Mandis's book ''The Real Madrid Way: How Values Created the Most Successful Sports Team on the Planet'' was published by
BenBella Books
BenBella Books is an independent publishing house based in Dallas, Texas. BenBella was founded by Glenn Yeffeth in 2001. It specializes in nonfiction books on popular culture, business, health, and nutrition, along with books on science, politics, ...
. The book was the subject of a documentary by
BBC Radio World Service, and won the 2017 International Book Award for Sports.
In 2018 Mandis's book ''What Happened to Serie A: The Rise, Fall and Signs of Revival'', a history of the
Serie A
The Serie A (), also called Serie A TIM for national sponsorship with TIM, is a professional league competition for football clubs located at the top of the Italian football league system and the winner is awarded the Scudetto and the Copp ...
Italian professional football league, was published by Arena Sport.
Personal life
Mandis lives in
New York City
New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the U ...
.
He was awarded an
Ellis Island Medal of Honor in 2012.
References
External links
Steven Mandis profileat Columbia Business School
{{DEFAULTSORT:Mandis, Steven George
1970 births
Living people
American financial businesspeople
University of Chicago alumni
Columbia Graduate School of Arts and Sciences alumni
Columbia University faculty
American company founders
Businesspeople from Chicago
American business writers
American bankers