Stephen Pagliuca (born January 16, 1955) is a private equity investor, managing partner of Bain Capital, co-owner of the Boston Celtics and a candidate for the U.S. Senator position formerly occupied by Ted Kennedy.
In 2003, Pagliuca, along with Irving and Wyc Grousbeck, Robert Epstein, William P. Egan, David Epstein and John Svenson, was part of the consortium (Boston Basketball Partners LLC) that acquired the Boston Celtics for $360 million.
[edit] Career
Pagliuca is a managing partner and member of the executive committee of the Boston Celtics and serves as a member of the Board of Governors and the Competition Committee for the National Basketball Association.
Pagliuca joined Bain Capital in 1989 from Bain & Company where he focused on the information services and healthcare industries and developed Bain & Company's turnaround practice.
Pagliuca started his career as a senior accountant and international tax specialist at Peat Marwick Mitchell & Company in the Netherlands (Peat Marwick is today KPMG).
Pagliuca received an MBA from Harvard Business School. He received a BA from Duke University.
[edit] Senate candidacy
On September 14, 2009, Pagliuca was reported to be considering running for the US Senate from Massachusetts to succeed Ted Kennedy.[2] Three days later, on September 17, 2009, Pagliuca announced his candidacy for the US Senate. Pagliuca has stated that he is running because he believes he can apply his business background well against the nation's economic problems.[3]
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