Richard C. Blum
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Richard C. Blum is an investment banker and the husband of United States Senator from California Dianne Feinstein. He is the Chairman and President of Blum Capital Partners, L.P., a long-term strategic equity investment management firm that acts as general partner for various investment partnerships and provides investment advisory services. He founded the firm in 1975. He also owns 75% of the voting stock in Perini.
[edit] Educated
He graduated from the University of California, Berkeley, where he received his B.S. in business administration in 1958, and an MBA in 1959, both degrees coming from the Haas School of Business.
[edit] Boards
On March 12, 2002, Blum was appointed by California Governor Gray Davis to a 12-year term as one of the Regents of the University of California. Blum also serves on the boards of the following companies:
- CB Richard Ellis Group, Inc. (Chairman)
- Newbridge Capital, LLC (co-Chairman)
- Glenborough Realty Trust
Blum has a strong interest in Tibet and Tibetan Buddhism. In 1981 he attempted to climb Mount Everest from the Tibetan side with Sir Edmund Hillary. He is the Chairman and founder of the American Himalayan Foundation, which has given millions of dollars to build hospitals and schools in Tibet and Nepal.
In addition to the AHF, Blum’s not-for-profit endeavors include service as Trustee of The Carter Center; member of the Board of Trustees of The Brookings Institution; Co-Chairman of the The World Conference of Religions for Peace; Director at the World Wildlife Fund; Member of Governing Council of the Wilderness Society; and Member of the Board of Trustees of the American Cancer Foundation.
The Center for Public Integrity has reported that Blum and his wife, Senator Dianne Feinstein, are making millions of dollars from Iraq and Afghanistan contracts through his company, Perini. [1] Critics have also argued that Feinstein's support of policies that are friendly to the Chinese government are because of her husband's extensive China-related business holdings.
[edit] References
- Biographical sketch in the San Francisco Chronicle
- Blum Capital Partners, L.P.
- Blum Biography at the University of California
- Richard Blum hones art of upping shareholder value. Loren Steffy; Bloomberg News; August 4, 2002.