Mr. Steven J. Gilbert brings over 40 years of experience in law, investment banking, venture capital, growth equity, and management buyouts to Board of Fairholme Funds, Inc., to which he was elected in 2014.
Mr. Gilbert is currently Chairman of the Board of Gilbert Global Equity Partners, L.P. and has served in this capacity since 1998. He is Vice Chairman of MidOcean Equity Partners, L.P., served as Vice Chairman of Stone Tower Capital from January 2007 until April 2012, and as Senior Managing Director and Chairman of Sun Group (USA) until 2009. From 1992 to 1997 he was a Founder and Managing General Partner of Soros Capital, L.P., the principal venture capital and leveraged transaction entity of the Quantum Group of Funds, and a principal Advisor to Quantum Industrial Holdings, Ltd. From 1988 to 1992, he was the Managing Director of Commonwealth Capital Partners, L.P., a private equity investment firm. Prior to that, from 1984 to 1988, Mr. Gilbert was the Managing General Partner of Chemical Venture Partners (now J.P. Morgan Capital Partners), which he founded.
Mr. Gilbert was admitted to the Massachusetts Bar Association in 1970 and practiced law at Goodwin Procter & Hoar in Boston, Massachusetts. He was an associate in corporate finance at Morgan Stanley & Co. from 1972 to 1976, a Vice President at Wertheim & Co., Inc. from 1976 to 1978, and a Managing Director at E. F. Hutton International from 1978 to 1980. Mr. Gilbert was recently Chairman of the Board of Dura Automotive Systems, Inc., and of CPM Holdings, and Co-Chairman of the Board of Directors of True Temper Sports.
Previously, Mr. Gilbert has been a Director of numerous companies, including Monteplier Re, Olympus Trust, Office Depot, Inc., Funk & Wagnalls, Inc., Parker Pen Limited, Piggly Wiggly Southern, Inc., Coast Community News, Inc., GTS-Duratek, Magnavox Electronic Systems Company, UroMed Corporation, Star City Casino Holdings, Ltd., Katz Media Corporation, Airport Group International, Batavia Investment Management, Ltd., Affinity Financial Group, Inc., ESAT Telecom, Ltd., Colep Holding, Ltd., NFO Worldwide, Terra Nova (Bermuda) Holdings, Limited, and Veritas-DCG. He was the principal owner, Chairman, and Chief Executive Officer of Lion’s Gate Films from 1980 to 1984.
Mr. Gilbert is a member of the Council on Foreign Relations and the Global Agenda Council on Capital Flows of the World Economic Forum, a Trustee of the New York University Langone Medical School, and a member of the Board of Governors of the Lauder Institute.
Mr. Gilbert earned his Juris Doctor degree from Harvard Law School in 1970. He also earned a Master of Business Administration degree from Harvard Business School and a Bachelor of Science degree in Economics from the Wharton School of Finance at the University of Pennsylvania.
Fairholme Funds, Inc.
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