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 The Goldman Sachs Group, Inc. ( ) is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many internationa ...

and

Citigroup Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services company based in New York City. The company was formed in 1998 by the merger of Citicorp, t ...

and as a senior advisor to

McKinsey McKinsey & Company (informally McKinsey or McK) is an American multinational strategy and management consulting firm that offers professional services to corporations, governments, and other organizations. Founded in 1926 by James O. McKinsey ...

. 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 Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of Unite ...

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 Forest Hills Central High School is located in Ada Township, Michigan, near Grand Rapids. It is one of three high schools in the Forest Hills Public Schools system. The district also includes Forest Hills Eastern High School and Forest Hills N ...

. In 1992 he received an A.B. from the

University of Chicago The University of Chicago (UChicago, Chicago, or UChi) is a Private university, private research university in Chicago, Illinois, United States. Its main campus is in the Hyde Park, Chicago, Hyde Park neighborhood on Chicago's South Side, Chic ...

. After a 16-year career on Wall Street he enrolled at

Columbia University Columbia University in the City of New York, commonly referred to as Columbia University, is a Private university, private Ivy League research university in New York City. Established in 1754 as King's College on the grounds of Trinity Churc ...

, where he received an M.A. in Museum

Anthropology Anthropology is the scientific study of humanity, concerned with human behavior, human biology, cultures, society, societies, and linguistics, in both the present and past, including archaic humans. Social anthropology studies patterns of behav ...

in 2010, and an M.Phil in Sociology in 2013, and a Ph.D. in

Sociology Sociology is the scientific study of human society that focuses on society, human social behavior, patterns of Interpersonal ties, social relationships, social interaction, and aspects of culture associated with everyday life. The term sociol ...

Business career

Mandis began his career at

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 Henry "Hank" Merritt Paulson Jr. (born March 28, 1946) is an American investment banker and financier who served as the 74th United States secretary of the treasury from 2006 to 2009. Prior to his role in the Department of the Treasury, 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 (informally McKinsey or McK) is an American multinational strategy and management consulting firm that offers professional services to corporations, governments, and other organizations. Founded in 1926 by James O. McKinse ...

. He then worked as an executive at

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 university, private research university in New York City. Established in 1916, Columbia Business School is one of six Ivy League business schools and one of ...

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 Harvard Business Publishing (HBP) is a publisher founded in 1994 as a not-for-profit, independent corporation and an affiliate of Harvard Business School (distinct from Harvard University Press), with a focus on improving business management pr ...

, 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 Non-fiction novel, nonfiction books on popular culture, business, health, and nutrition, along with books ...

. The book was the subject of a documentary by

BBC Radio World Service The BBC World Service is a British Public broadcasting, public service broadcaster owned and operated by the BBC. It is the world's largest external broadcaster in terms of reception area, language selection and audience reach. It broadcas ...

, 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 (), officially known as Serie A Enilive in Italy and Serie A Made in Italy abroad for sponsorship reasons, is a professional association football league in Italy and the highest tier of the Italian football league system. Establish ...

Italian professional football league, was published by Arena Sport.

Personal life

Mandis lives in

New York City New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...

. He was awarded an

Ellis Island Medal of Honor The Ellis Island Medal of Honor is an American award founded by the Ellis Island Honors Society (EIHS) (formerly known as the National Ethnic Coalition of Organizations (NECO)), which is presented annually to American citizens, both native-born ...

in 2012.

References

External links

Steven Mandis profile
at 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 Goldman Sachs people