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Jack Nash (April 10, 1929 – July 30, 2008) was a German-born American businessman and investor. He was president of Oppenheimer & Company and founded '' The New York Sun'' newspaper.


Early life and education

On April 10, 1929, Nash was born in Berlin as Jack Nachtgeistin to Jewish parents. It is a family story that as a child, during a Nazi rally, he would not give the one-arm salute that demonstrated loyalty to the Reich. The family would later flee Nazi Germany prior to the onset of World War II. Nash and his sister were sent to a Swiss boarding school by their parents for their own safety before later immigrating to the United States. There he attended Stuyvesant High School in Manhattan, New York, and graduated from
City College of New York The City College of the City University of New York (also known as the City College of New York, or simply City College or CCNY) is a public university within the City University of New York (CUNY) system in New York City. Founded in 1847, Cit ...
in 1953.


Investment career

Nash joined Oppenheimer & Company in 1951 and became its president in 1974. He was elected chairman in 1979. In 1982, he and business partner Leon Levy sold the company for $163 million, investing $50 million to start the hedge fund, Odyssey Partners. Nash was also a founder of '' The New York Sun'' and served as vice chairman of the board of the
American Stock Exchange NYSE American, formerly known as the American Stock Exchange (AMEX), and more recently as NYSE MKT, is an American stock exchange situated in New York City. AMEX was previously a mutual organization, owned by its members. Until 1953, it was known ...
in the late 1970s.


Personal life

Nash married Helen Englander in 1957, sister of billionaire investor Israel Englander. He and his wife donated millions to Jewish and other cultural and social charities. Although not Orthodox himself, Nash served as chairman of the Aleph Society, dedicated to promoting the works of Rabbi
Adin Steinsaltz Rabbi Adin Even-Israel Steinsaltz (11 July 19377 August 2020) ( he, עדין אבן-ישראל שטיינזלץ) was an Israeli Chabad Chasidic rabbi, teacher, philosopher, social critic, author, translator and publisher. His '' Steinsaltz ed ...
. Helen Nash has authored a line of '' kosher'' cookery books. They had two children, Joshua and Pamela, and six grandchildren.New York Times: "Paid Notice: Deaths NASH, JACK
August 2, 2008
Nash died on July 30, 2008, after a long illness, at Mount Sinai Medical Center.Obituary
'' The New York Times'', 2 August 2008


Legacy and awards

In 2008, he was inducted into Institutional Investors Alpha's Hedge Fund Manager Hall of Fame along with Alfred Jones, Bruce Kovner, David Swensen, George Soros, James Simons, Julian Roberston, Kenneth Griffin, Leon Levy,
Louis Bacon Louis Moore Bacon (born July 25, 1956) is an American investor, hedge fund manager, and philanthropist. He is the founder and chief executive of Moore Capital Management. ''Forbes Magazine'' estimates his net worth to be US$1.81 billion, ma ...
, Michael Steinhardt, Paul Tudor Jones, Seth Klarman and
Steven A. Cohen Steven A. Cohen (born June 11, 1956) is an American hedge fund manager and owner of the New York Mets of Major League Baseball since September 14, 2020, owning roughly 97.2% of the team. He is the founder of hedge fund Point72 Asset Manageme ...
.


See also

* List of City College of New York alumni


References

{{DEFAULTSORT:Nash, Jack 1929 births 2008 deaths American financiers American hedge fund managers American investors American money managers American newspaper publishers (people) Businesspeople from New York City City College of New York alumni Jewish emigrants from Nazi Germany to the United States Presidents of the New York Stock Exchange Stuyvesant High School alumni Journalists from New York City 20th-century American businesspeople