Steven Mandis
{{Short description|American investment banker}}
{{Infobox person
| name = Steven George Mandis
| image = Steven Mandis photo.jpg
| image_size =
| birth_date = 1970
| birth_place = Chicago, Illinois
| education =
| alma_mater = University of Chicago
Columbia University
| occupation = Investor and business executive
| known_for =
| notable_works = What Happened to Goldman Sachs
The Real Madrid Way
What Happened to Serie A
| title =
| boards =
| awards = Ellis Island Medal of Honor
| website =
}}
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{{Cite book|last=Wogan|first=Peter|url=https://books.google.com/books?id=UW6YDgAAQBAJ&q=Steven+Mandis+worked+at+Citigroup&pg=PA133|title=Corner-Store Dreams and the 2008 Financial Crisis: A True Story about Risk, Entrepreneurship, Immigration, and Latino-Anglo Friendship|publisher=Springer|year=2017|isbn=9783319522647}} and as a senior advisor to 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 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.{{Cite web|url=http://www.mlive.com/business/west-michigan/index.ssf/2013/10/author_of_what_happened_to_gol.html|title=Author of 'What Happened to Goldman Sachs' recalls his days at Forest Hills Central High School|website=MLive.com|date=17 October 2013|access-date=2016-04-13}} In 1992 he received an A.B. from the University of Chicago.{{Cite news|url=https://www.nytimes.com/1990/05/20/style/campus-life-a-different-kind-of-education-going-on-patrol.html|title=Campus Life:; A Different Kind Of Education: Going on Patrol|date=1990-05-20|newspaper=The New York Times|access-date=2017-02-05|issn=0362-4331}} After a 16-year career on Wall Street he enrolled at Columbia University, where he received an M.A. in Museum Anthropology in 2010, and an M.Phil in Sociology in 2013, and a Ph.D. in Sociology.{{Cite web|url=http://gsas.columbia.edu/content/alumni-profile-steven-mandis|title=Alumni Profile: Steven Mandis|website=gsas.columbia.edu|access-date=2016-04-13|url-status=dead|archive-url=https://web.archive.org/web/20160422101707/http://gsas.columbia.edu/content/alumni-profile-steven-mandis|archive-date=2016-04-22}}
Business career
Mandis began his career at Goldman Sachs in 1992{{cite web|url=https://www.wsj.com/articles/SB10001424052702304713704579093700036931542|title=Review: What Happened to Goldman Sachs - WSJ|author=Mary Kissel|date=10 October 2013|work=WSJ}} as a mergers-and-acquisitions banker.{{cite web|url=https://dealbook.nytimes.com/2013/09/30/goldman-as-case-study-not-hero-or-villain/?_r=0|title=An Ex-Trader, Now a Sociologist, Looks at the Changes in Goldman|first=Peter|last=Lattman|newspaper=The New York Times|date=30 September 2013 }} He later joined the proprietary trading department, where he helped build the Special Situations Proprietary Trading Group (SSG){{cite news |author=Atlas, Riva D |title='Goldman Sachs' on a Resume Gives Continuing Rewards |newspaper=New York Times |date=3 February 2005 |url=https://www.nytimes.com/2005/02/03/business/03place.html?_r=2}}{{cite news |title=Citi Taps Goldman Vet As Institutional Clients Vice Chair |url=https://blogs.wsj.com/deals/2010/07/21/citi-taps-goldman-vet-as-institutional-clients-vice-chair/ |access-date=31 October 2018 |newspaper=The Wall Street Journal |date=21 July 2010}} and worked under Henry Paulson.{{cite news |author=Spiro, Leah Nathans, Gary Silverman. |title=The Coup at Goldman. |magazine=Bloomberg Businessweek |date=25 January 1999 |url=https://www.bloomberg.com/news/articles/1999-01-24/the-coup-at-goldman}}
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.{{cite news |author=Randall Smith. |title=Citi Taps Goldman Vet As Institional Clients Vice Chair. |newspaper=Wall Street Journal |url=https://blogs.wsj.com/deals/2010/07/21/citi-taps-goldman-vet-as-institutional-clients-vice-chair/}} He then worked as an executive at Citigroup 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.{{cite web|url=https://www.bloomberg.com/news/articles/2014-07-10/how-a-goldman-sachs-ethicist-became-a-high-rate-lender|title=How a Goldman Sachs Ethicist Became a High-Rate Lender|author1=Zeke Faux |author2=Max Abelson |name-list-style=amp |date=10 July 2014|work=Bloomberg.com}}
Since leaving Wall Street in 2012,{{cite web|url=https://www.wsj.com/articles/SB10001424052702303342104579101390044391648|title=In Book on Goldman, Former Trader Hedges His Bets|author=Justin Baer|date=27 September 2013|work=WSJ}} Mandis has taught at Columbia Business School as an adjunct professor.{{cite web|url=http://www8.gsb.columbia.edu/cbs-directory/detail/sgm2130|title=Steven George Mandis|author=Columbia Business School|work=Columbia Business School Directory}}
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.{{cite news|url=http://www.ft.com/cms/s/0/560ab97c-3013-11e3-80a4-00144feab7de.html#axzz3xiMVhqAc|title='What Happened to Goldman Sachs' by Steven Mandis|work=Financial Times|date=9 October 2013}} It won the 2014 Gold Axiom Business Book Award for Corporate History.http://www.axiomawards.com/Axiom_Results_Listing_2014.pdf {{Bare URL PDF|date=March 2022}}
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.{{cite news |title=How the magic of Real Madrid could rub off on Goldman Sachs |url=https://www.ft.com/content/ac29bc5c-859e-11e6-a29c-6e7d9515ad15 |access-date=31 October 2018 |newspaper=Financial Times}}{{Cite news|url=http://www.espnfc.us/club/real-madrid/86/blog/post/3002593/real-madrid-lure-enough-to-keep-cristian-ronoldo-and-gareth-bale|title=Real Madrid lure enough to keep Cristiano Ronaldo and Gareth Bale|newspaper=ESPNFC.com|access-date=2017-01-04}} The book was the subject of a documentary by BBC Radio World Service,{{Cite web|url=http://www.bbc.co.uk/programmes/p04rhb69|title=Inside Real Madrid, The Documentary - BBC World Service|website=BBC|access-date=2017-06-25}} and won the 2017 International Book Award for Sports.{{Cite web|url=http://www.internationalbookawards.com/2017awardannouncement.html|title=International Book Awards - Honoring Excellence in Independent & Mainstream Publishing|website=www.internationalbookawards.com|access-date=2017-06-25|archive-url=https://web.archive.org/web/20170529094619/http://www.internationalbookawards.com/2017awardannouncement.html|archive-date=2017-05-29|url-status=dead}}
In 2018 Mandis's book What Happened to Serie A: The Rise, Fall and Signs of Revival, a history of the Serie A Italian professional football league, was published by Arena Sport.{{cite web |title=Steven Mandis presenta a Trigoria "What happened to Serie A" |url=http://www.soccermagazine.it/serie-a/steven-mandis-trigoria-serie-a-288900/ |website=soccermagazine.it |date=15 September 2018 |access-date=31 October 2018}}
Personal life
Mandis lives in New York City. He was awarded an Ellis Island Medal of Honor in 2012.{{cite web |title=A TRIBUTE TO THE 2012 ELLIS ISLAND MEDAL OF HONOR RECIPIENTS |url=https://www.congress.gov/congressional-record/2012/06/06/extensions-of-remarks-section/article/E1002-4 |website=congress.gov |access-date=31 October 2018}}
References
{{Reflist}}
External links
- [http://www8.gsb.columbia.edu/cbs-directory/detail/sgm2130 Steven Mandis profile] at Columbia Business School
{{DEFAULTSORT:Mandis, Steven George}}
Category:American financial businesspeople
Category:University of Chicago alumni
Category:Columbia Graduate School of Arts and Sciences alumni
Category:Columbia University faculty
Category:American company founders
Category:Businesspeople from Chicago