Jonathan Scott Lavine (born May 9, 1966) is an American business executive, co-managing partner of

Bain Capital Bain Capital is an American private investment firm based in Boston. It specializes in private equity, venture capital, credit, public equity, impact investing, life sciences, and real estate. Bain Capital invests across a range of industry se ...

, and philanthroplist. He also serves as chief investment officer of Bain Capital Credit, which he founded in 1997 as Sankaty Advisors, a division of Bain Capital. Lavine is a philanthropist who donated to several U.S. organizations. He is the co-chair of the Board of Trustees of Columbia University.

Early life, education and family

Jonathan Lavine was born in

Providence, Rhode Island Providence is the capital and most populous city of the U.S. state of Rhode Island. One of the oldest cities in New England, it was founded in 1636 by Roger Williams, a Reformed Baptist theologian and religious exile from the Massachusetts Bay ...

and graduated from

Classical High School Classical High School, founded in 1843, is a public magnet school in the Providence School District, in Providence, Rhode Island. It was originally an all-male school but has since become co-ed. Classical's motto is ''Certare, Petere, Reperire, ...

in 1984. Lavine then attended Columbia College, where he was elected to

Phi Beta Kappa The Phi Beta Kappa Society () is the oldest academic honor society in the United States, and the most prestigious, due in part to its long history and academic selectivity. Phi Beta Kappa aims to promote and advocate excellence in the liberal a ...

and earned a BA

magna cum laude Latin honors are a system of Latin phrases used in some colleges and universities to indicate the level of distinction with which an academic degree has been earned. The system is primarily used in the United States. It is also used in some So ...

in 1988. In 1992, Lavine earned an

MBA A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounti ...

from

Harvard Business School Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA p ...

. Lavine married Jeannie Diane Bachelor in June 1992 at Temple B’nai Abraham in

Livingston, New Jersey Livingston is a township (New Jersey), township in Essex County, New Jersey, Essex County, New Jersey. As of the 2010 United States census, 2010 U.S. census, the township's population was 29,366, reflecting an increase of 1,975 (+7.2%) from the ...

. They have two children, Allie and Emily and reside in

Lexington, Massachusetts Lexington is a suburban town in Middlesex County, Massachusetts, United States. It is 10 miles (16 km) from Downtown Boston. The population was 34,454 as of the 2020 census. The area was originally inhabited by Native Americans, and was firs ...

Career

Lavine began his career as an analyst at Drexel Burnham Lambert upon his graduation in 1988. From 1991-1993, he worked as a consultant for

McKinsey & Company McKinsey & Company is a global management consulting firm founded in 1926 by University of Chicago professor James O. McKinsey, that offers professional services to corporations, governments, and other organizations. McKinsey is the oldest and ...

until moving on to Bain Capital. In 1997, Lavine founded Sankaty Advisors, LLC as the credit affiliate of Bain Capital and served as managing partner and chief investment officer of the firm. Sankaty was renamed Bain Capital Credit in 2016. In 2016, Bain Capital named Lavine co-managing partner of the firm. Lavine continued to lead Bain Capital Credit after becoming co-managing partner of Bain Capital. On December 6, 2016, President

Barack Obama Barack Hussein Obama II ( ; born August 4, 1961) is an American politician who served as the 44th president of the United States from 2009 to 2017. A member of the Democratic Party, Obama was the first African-American president of the U ...

named Lavine to be a member of the

United States Holocaust Memorial Council The United States Holocaust Memorial Museum (USHMM) is the United States' official memorial to the Holocaust. Adjacent to the National Mall in Washington, D.C., the USHMM provides for the documentation, study, and interpretation of Holocaust his ...

. In 2008, Lavine also became a member of the

Boston Celtics The Boston Celtics ( ) are an American professional basketball team based in Boston. The Celtics compete in the National Basketball Association (NBA) as a member of the league's Eastern Conference Atlantic Division. Founded in 1946 as one of t ...

ownership group, Boston Basketball Partners LLC.

Philanthropy

Lavine has served on the board of over ten organizations and educational institutions, including

City Year City Year is an American education nonprofit organization founded in 1988. The organization partners with public schools in 29 high-need communities across the US and through international affiliates in the UK and Johannesburg, South Africa. Ci ...

Boston Children's Hospital Boston Children's Hospital formerly known as Children's Hospital Boston until 2012 is a nationally ranked, freestanding acute care children's hospital located in Boston, Massachusetts, adjacent both to its teaching affiliate, Harvard Medical Scho ...

, the Dana-Farber Cancer Institute,

Columbia University Columbia University (also known as Columbia, and officially as Columbia University in the City of New York) is a private research university in New York City. Established in 1754 as King's College on the grounds of Trinity Church in Manhatt ...

, Horizons for Homeless Children, and Opportunity Nation. In 2007, the Lavines formed the Crimson Lion Foundation, a private family foundation through which they have concentrated their philanthropic activities. Lavine has donated to a number of organizations and institutions, including

Harvard University Harvard University is a private Ivy League research university in Cambridge, Massachusetts. Founded in 1636 as Harvard College and named for its first benefactor, the Puritan clergyman John Harvard, it is the oldest institution of higher le ...

, LIFT Communities,

Equal Justice Initiative The Equal Justice Initiative (EJI) is a non-profit organization, based in Montgomery, Alabama, that provides legal representation to prisoners who may have been wrongly convicted of crimes, poor prisoners without effective representation, and othe ...

, and public radio station

WBUR WBUR-FM (90.9 FM) is a public radio station located in Boston, Massachusetts, owned by Boston University. It is the largest of three NPR member stations in Boston, along with WGBH and WUMB-FM and produces several nationally distributed program ...

, and the U.S. Holocaust Museum. His two largest donations were $10M to City Year in 2012, and $12.5M to Harvard Business School in 2017.

References

{{DEFAULTSORT:Lavine, Jon Businesspeople from Providence, Rhode Island Harvard Business School alumni Columbia College (New York) alumni Living people 1966 births Classical High School alumni Chief investment officers Obama administration personnel