Richard D. Segal
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Richard D. Segal is an American investor and philanthropist. Segal is chairman and chief executive officer of the Seavest Investment Group, a private investment firm with holdings in both
venture capital Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which ha ...
and managed real estate. He also serves as chairman and co-founder of Rethink Capital Partners, a venture capital firm that invests in technological solutions providing social impact to local and global communities. Segal founded Seavest in 1981. In 2001, the firm narrowed its real estate activities to focus on the acquisition, development, and management of out-patient medical facilities, operating under its Seavest Healthcare Properties subsidiary. He launched Seavest's venture arm Rethink VC in 2012 to invest in early- and growth-stage companies with an impact lens primarily in the education, healthcare, environmental sustainability, and financial inclusion. Segal previously served as chairman of the board of directors of SchoolNet Inc., a provider of software solutions for public school systems that was acquired by
Pearson Pearson may refer to: Organizations Education *Lester B. Pearson College, Victoria, British Columbia, Canada *Pearson College (UK), London, owned by Pearson PLC *Lester B. Pearson High School (disambiguation) Companies *Pearson PLC, a UK-based int ...
in 2011 for $230 Million. He was also on the board of directors of Wireless Generation previous to its $400 million acquisition by
NewsCorp News Corporation (abbreviated News Corp.), also variously known as News Corporation Limited, was an American multinational mass media corporation controlled by media mogul Rupert Murdoch and headquartered at 1211 Avenue of the Americas in New ...
., and of Smarterer Inc. before its acquisition by
Pluralsight Pluralsight, LLC is an American privately held online education company that offers a variety of video training courses for software developers, IT administrators, and creative professionals through its website. Founded in 2004 by Aaron Skonnar ...
. He serves as chairman of the boards of BEGiN, Civitas Learning and Cinematic Healthcare Education, Inc.


Philanthropy

Segal has sat on the board of trustees of
New York-Presbyterian Hospital The NewYork-Presbyterian Hospital is a nonprofit academic medical center in New York City affiliated with two Ivy League medical schools, Cornell University and Columbia University. The hospital comprises seven distinct campuses located in the New Y ...
of since 2009. He also serves the
New York Academy of Art The New York Academy of Art is a private art school in Tribeca, New York City. The academy offers a Master of Fine Arts degree with a focus on technical training and critical discourse as well as a Post-baccalaureate Certificate of Fine Art. The ...
, and the
Whitney Museum of American Art The Whitney Museum of American Art, known informally as "The Whitney", is an art museum in the Meatpacking District and West Village neighborhoods of Manhattan in New York City. It was founded in 1930 by Gertrude Vanderbilt Whitney (1875–1942), ...
, where he serves as treasurer. He is also president of the A. L. Mailman Family Foundation, a charitable foundation focused on progressive advocacy and early childhood education. He is also founding chairman emeritus of
Publicolor Publicolor is a not-for-profit organization based in New York City. It engages high-risk, low-income students ages 12–24 in a multi-year continuum of design-based programs to encourage academic achievement, college preparation, job readiness, a ...
, a not-for-profit arts and education institution serving the needs of the most challenged New York City Public Schools, as well as a Trustee Emeritus of the
Big Apple Circus The Big Apple Circus is a circus based in New York City. Opened in 1977, later becoming a nonprofit organization, it became a tourist attraction. The circus has been known for its community outreach programs, including Clown Care, as well as its ...
. Previously, Segal served as chairman of the board of
Rye Country Day School Rye Country Day School, also known as Rye Country Day or RCDS, is an independent, co-educational college preparatory school located in Rye, New York. Its Upper School (grades 9–12), Middle School (5–8), and Lower School (Pre-Kindergarten-4) ...
in Rye, New York, as well as chairman of the board of SeriousFun, an international camp-based program established by actor
Paul Newman Paul Leonard Newman (January 26, 1925 – September 26, 2008) was an American actor, film director, race car driver, philanthropist, and entrepreneur. He was the recipient of numerous awards, including an Academy Award, a BAFTA Award, three ...
to create positive recreational experiences for children with serious illnesses. He also formerly served as member of the board of advisors of the Nasher Museum at
Duke University Duke University is a private research university in Durham, North Carolina. Founded by Methodists and Quakers in the present-day city of Trinity in 1838, the school moved to Durham in 1892. In 1924, tobacco and electric power industrialist James ...
, having helped with the fundraising for and construction of the museum, and is a former trustee of the
Neuberger Museum of Art Neuberger Museum of Art is located in Purchase, New York, United States. It is affiliated with Purchase College, part of the State University of New York system. It is the nation's tenth-largest university museum. The museum is one of 14 sites on ...
.


Personal life

He is the son of
Marilyn Mailman Segal Marilyn Mailman Segal (Marilyn Segal; died 2014) was an American developmental psychologist, author and educator specializing in early childhood. She is the founder and dean emeritus of the Family Center at Nova Southeastern University in Fort Laud ...
. He lives in
Rye Rye (''Secale cereale'') is a grass grown extensively as a grain, a cover crop and a forage crop. It is a member of the wheat tribe (Triticeae) and is closely related to both wheat (''Triticum'') and barley (genus ''Hordeum''). Rye grain is u ...
,
New York New York most commonly refers to: * New York City, the most populous city in the United States, located in the state of New York * New York (state), a state in the northeastern United States New York may also refer to: Film and television * '' ...
with his wife, Monica. Segal graduated with a BA in English from
Wesleyan University Wesleyan University ( ) is a Private university, private liberal arts college, liberal arts university in Middletown, Connecticut. Founded in 1831 as a Men's colleges in the United States, men's college under the auspices of the Methodist Epis ...
. Segal received a
heart transplant A heart transplant, or a cardiac transplant, is a surgical transplant procedure performed on patients with end-stage heart failure or severe coronary artery disease when other medical or surgical treatments have failed. , the most common proce ...
in 2009, after which his son, Greg Segal, co-founded the non-profit ORGANIZE to drive reform in the
organ donation Organ donation is the process when a person allows an organ of their own to be removed and transplanted to another person, legally, either by consent while the donor is alive or dead with the assent of the next of kin. Donation may be for re ...
system. ORGANIZE received an Innovator in Residence position in the Office of the
US Secretary of Health and Human Services The United States secretary of health and human services is the head of the United States Department of Health and Human Services, and serves as the principal advisor to the president of the United States on all health matters. The secretary is ...
and co-hosted the 2016 White House Organ Donation Summit in partnership with Obama Presidential Administration. Segal, a lifelong
Boston Red Sox The Boston Red Sox are an American professional baseball team based in Boston. The Red Sox compete in Major League Baseball (MLB) as a member club of the American League (AL) East division. Founded in as one of the American League's eight ...
fan, received the honor of throwing the
ceremonial first pitch The ceremonial first pitch is a longstanding ritual of baseball in which a guest of honor throws a ball to mark the end of pregame festivities and the start of the game. Originally, the guest threw a ball from their seat in the grandstand to ...
at
Fenway Park Fenway Park is a baseball stadium located in Boston, Massachusetts, United States, near Kenmore Square. Since 1912, it has been the home of the Boston Red Sox, the city's American League baseball team, and since 1953, its only Major League Base ...
on August 14, 2015, as part of a Red Sox Organ Donation Awareness night.


References


External links


Seavest
Official Website
Article
on innovation for fun-and profit

on impact investing and education {{DEFAULTSORT:Segal, Richard D. Living people American businesspeople Year of birth missing (living people) Wesleyan University alumni Heart transplant recipients