Harvey McGrath

Harvey McGrath was born in Belfast, Northern Ireland, United Kingdom.[http://philanthropy.coutts.com/en/reports/2014/united-kingdom/case-studies/harvey-mcgrath.html Philanthropy: Harvey McGrath], Coutts He was educated at Methodist College Belfast, a grammar school in Belfast.[http://www.qub.ac.uk/home/Graduation-Archive/HonoraryGraduates2008/HarveyMcGrath/ Honorary Graduates 2008: Harvey McGrath] {{Webarchive|url=https://wayback.archive-it.org/11112/20150827011723/http://www.qub.ac.uk/home/Graduation%2DArchive/HonoraryGraduates2008/HarveyMcGrath/ |date=27 August 2015 }}, Queen's University Belfast[http://news.ulster.ac.uk/releases/2009/4507.html Honour for International Business Leader Harvey McGrath], University of Ulster, 2 July 2009[https://archive.today/20150211071455/http://www.campaign.cam.ac.uk/making-a-difference/why-i-support-cambridge/harvey-mcgrath Why I support Cambridge: Harvey McGrath], University of Cambridge He joined St Catharine's College, Cambridge, a constituent college of the University of Cambridge in 1971, where he received a Master of Arts degree in geography.[https://www.bloomberg.com/research/stocks/private/person.asp?personId=713319&privcapId=52512179 Bloomberg Business: Harvey McGrath][https://web.archive.org/web/20130322042308/http://www.revereglobal.com/about-us/team/founders/ Revere Capital Advisors: Founders]

He started his career as a commodity lender at Chase Manhattan Bank shortly after graduation, first in London, moving to New York City in 1979.[https://web.archive.org/web/20121128090927/http://www.forbes.com/profile/harvey-mcgrath/ Harvey McGrath], Forbes He joined the Man Group in 1980, where he worked as treasurer, finance director, and later president of Man Inc., all of which were based in New York City. He then moved back to London to serve as its chief executive from 1990 to 2000, and as its chairman from 2000 to 2007.[http://www.debretts.com/people/debretts-500-2015/philanthropists-activists/harvey-mcgrath Debrett's 500 2015: Harvey McGrath][http://www.ft.com/cms/s/0/243436be-1e29-11dd-983a-000077b07658.html#axzz3RLxLeylR Harvey McGrath], Financial Times, 10 May 2008

He joined the board of directors of Prudential plc in September 2008.Simon Goodley, [https://www.theguardian.com/business/2011/dec/20/harvey-mcgrath-step-down-prudential-chairman Harvey McGrath to step down as Prudential chairman], The Guardian, 20 December 2011 He served as its chairman from January 2009 to June 2012. During his tenure, he oversaw a failed bid to acquire AIA Group Limited for £22.6 billion, which was unpopular with the Financial Services Authority and shareholders.Jamie Dunkley, [https://www.telegraph.co.uk/finance/newsbysector/banksandfinance/insurance/8969470/Harvey-McGraths-exit-is-final-chapter-in-AIA-saga.html Harvey McGrath's exit is 'final chapter' in AIA saga], The Daily Telegraph, 20 December 2011Oliver Shah, [https://web.archive.org/web/20140709035857/http://www.thesundaytimes.co.uk/sto/business/business_interviews/article1401432.ece After unruly Pru shareholders, social investment is kids’ stuff], The Sunday Times, 20 April 2014

In 2008, he co-founded Revere Capital Advisors, an investment business based in New York City and London, with two of his former Man Group co-workers: Daniel Barnett, formerly Finance Director, and John Kinder, formerly Head of Global Sugar Trading.[http://www.revereglobal.com/about-us/ Revere Capital Advisors: About us][http://www.revereglobal.com/contact-us/ Revere Capital Advisors: Contact us]

He is the chairman emeritus of the East London Business Alliance and London First. He served as the vice-chairman of the Mayor of London's Skills and Employment Board from 2006 to 2011. He was then appointed by Mayor Boris Johnson as the chairman of the London Development Agency. He was appointed as the co-chair of the Mayor of London's Enterprise Panel in July 2011.[https://archive.today/20150211071400/https://www.london.gov.uk/media/mayor-press-releases/2011/07/harvey-mcgrath-to-co-chair-new-london-enterprise-board Harvey McGrath to co-chair new London Enterprise Board], london.gov.uk, 22 July 2011{{Cite web |url=http://www.suttontrust.com/about-us/people/board/ |title=The Sutton Trust: Board of Trustees |access-date=10 February 2015 |archive-date=13 February 2015 |archive-url=https://web.archive.org/web/20150213154702/http://www.suttontrust.com/about-us/people/board/ |url-status=dead }} He served as a governor of Tower Hamlets College, a college of further education in the London Borough of Tower Hamlets. He has supported research into philanthropic activity.{{cite web |title=More, better, together: A strategic review of giving in London |url=https://www.centreforlondon.org/publication/more-better-together-giving-london/ |publisher=Centre for London}}

He is a co-founder of New Philanthropy Capital and serves on its board of trustees.[http://www.thinknpc.org/about-npc/trustees/harvey-mcgrath/ New Philanthropy Capital: Board of Trustees] In 2014, he became the chair of the Big Society Capital, formerly chaired by Sir Ronald Cohen. He is also the chairman of Heart of the City.{{Cite web |url=http://www.theheartofthecity.com/about-us/governance |title=Heart of the City: Governance |access-date=10 February 2015 |archive-url=https://web.archive.org/web/20150213160518/http://www.theheartofthecity.com/about-us/governance |archive-date=13 February 2015 |url-status=dead }} Additionally, he is the former chairman of the board of trustees of The Prince's Teaching Institute, one of The Prince's Charities.;[http://www.princes-ti.org.uk/AboutUs/Ourtrusteesandgovernance/ The Prince's Teaching Institute: Board of Trustees] former chairman of the board of Governors of Birkbeck, University of London.;[http://www.bbk.ac.uk/committees/governors/governors-biographies/harvey-mcgrath Governors: Harvey McGrath], Birkbeck, University of London former president of the board of trustees of Children and Families Across Borders (CFAB), a non-profit organisation which offers protection to children who are separated from their families overseas.;[http://cfab.org.uk/about-cfab/our-trustees/ Children and Families Across Borders: Board of Trustees] and former chairman of the board of trustees of the charity icould (www.icould.com) (note 23 below) website for 12- to 18-year-olds to find out more about job opportunities.[http://icould.com/about/meet-the-icould-board/ icould: Meet the icould Board] He also serves on the advisory board of Bridges Ventures and the Sutton Trust.{{Cite web |url=http://www.bridgesventures.com/advisory-board/harvey-mcgrath/ |title=Bridges Ventures: Harvey McGrath |access-date=10 February 2015 |archive-date=13 February 2015 |archive-url=https://web.archive.org/web/20150213170232/http://www.bridgesventures.com/advisory-board/harvey-mcgrath/ |url-status=dead }}

He has supported the Integrated Education Fund in Northern Ireland, which builds schools where both Catholic and Protestant schoolchildren are enrolled in an attempt to bridge religious gaps. He has served on the boards of trustees of the Royal Anniversary Trust, which is responsible for the Queen's Anniversary Prize. He has also been a member of the Richard House Society, the philanthropic arm of the Richard House Children's Hospital, and a patron of the Royal Society of Arts. He was the recipient of an honorary degree from Queen's University Belfast in 2008 and a Doctor of the university (DUniv) from the University of Ulster in 2009. He was the recipient of the Beacon Fellowship from the UK Community Foundations for his philanthropic work in 2013.[http://www.cityphilanthropy.org.uk/news/11-city-philanthropists-celebrated-beacon-awards 11 CITY PHILANTHROPISTS CELEBRATED AT BEACON AWARDS] {{Webarchive|url=https://web.archive.org/web/20160304044009/http://www.cityphilanthropy.org.uk/news/11-city-philanthropists-celebrated-beacon-awards |date=4 March 2016 }}, City Philanthropy, 7 February 2013

He has made charitable contributions to his alma mater, the Methodist College Belfast. He has also made charitable contributions to the University of Cambridge and to St Catharine's College. For example, he donated £4 million to improve access for students from disadvantaged backgrounds in 2008. In February 2014, the college unveiled The McGrath Centre, a conference building erected as a result of a significant charitable gift made by McGrath.[https://www.cambridgenetwork.co.uk/news/mc-grath-centre-open-for-business-at-st-catharine-s-college/ McGrath Centre opens for business at St Catharine's College] {{Webarchive|url=https://web.archive.org/web/20150216122319/https://www.cambridgenetwork.co.uk/news/mc-grath-centre-open-for-business-at-st-catharine-s-college/ |date=16 February 2015 }}, Cambridge Network, 17 February 2014

With his wife, he has also made charitable contributions to the Unicorn Theatre in the London Borough of Southwark, the Guildhall School of Music and Drama in the City of London, the Almeida Theatre in Islington, the Great Ormond Street Hospital in Bloomsbury, and the National Portrait Gallery, London.[https://www.unicorntheatre.com/support-us Unicorn Theatre: Support us]{{Cite web |url=http://www.gsmd.ac.uk/support_the_school/current_donors/individuals/ |title=Guildhall School of Music and Drama: Current donors |access-date=10 February 2015 |archive-url=https://web.archive.org/web/20150213160152/http://www.gsmd.ac.uk/support_the_school/current_donors/individuals/ |archive-date=13 February 2015 |url-status=dead }}[https://web.archive.org/web/20121101162656/http://www.almeida.co.uk/supportus/fundraising-events/cabaret-gala-2009/ Almeida Theatre: Cabaret Gala 2009]{{Cite web |url=http://www.gosh.org/gen/about-us/our-fundraising/friends-of-adeona/our-supporters/ |title=Great Ormond Street Hospital: Our supporters |access-date=10 February 2015 |archive-date=13 February 2015 |archive-url=https://web.archive.org/web/20150213155834/http://www.gosh.org/gen/about-us/our-fundraising/friends-of-adeona/our-supporters/ |url-status=dead }}[http://www.npg.org.uk/whatson/news2/the-portrait-gala/sponsors-and-supporters.php National Portrait Gallery, London: Sponsors and Supporters] They also made a charitable gift to the Lyric Theatre, Belfast, which led to the dedication of the McGrath Suite, named in their honour.[http://www.itv.com/news/2012-06-27/the-queen-shakes-hands-with-ormer-ira-member-martin-mcguinness-in-a-historic-meeting-in-belfast/ Queen shakes Martin McGuinness' hand in Belfast], ITV, 27 June 2012

McGrath was knighted in the 2016 New Year Honours for services to economic growth and public life.{{London Gazette|issue=61450|supp=y|page=N2|date=30 December 2015}}

He is married to Allison McGrath. They have two children.{{Cite news |last=Davidson |first=Andrew |date=23 May 2010 |title=Pru’s man in the muddle |url=https://www.thetimes.com/article/prus-man-in-the-muddle-cj5wvnd8xzw |work=The Sunday Times}} As of 2014, he was worth an estimated £100 million.{{cite news|title=Sunday Times Rich List|work=Sunday Times|issue=72|date=18 May 2014}}

{{Reflist}}

{{DEFAULTSORT:McGrath, Harvey}}

Category:1952 births

Category:Living people

Category:Businesspeople from Belfast

Category:Bankers from London

Category:Alumni of St Catharine's College, Cambridge

Category:People educated at Methodist College Belfast

Category:British business executives

Category:British hedge fund managers

Category:English philanthropists

Category:Prudential plc people

Category:People associated with Birkbeck, University of London

Category:British chairpersons of corporations

Category:Businesspeople awarded knighthoods

Category:Knights Bachelor