Steven George Mandis (born in 1970) is an American investor and the founder of Kalamata Capital. He is an adjunct associate professor in finance and economics at

Columbia University Business School Columbia Business School (CBS) is the business school of Columbia University, a private research university in New York City. Established in 1916, Columbia Business School is one of six Ivy League business schools and is one of the oldest bus ...

. Previously, he worked at

Goldman Sachs Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, H ...

and

Citigroup Citigroup Inc. or Citi (Style (visual arts), stylized as citi) is an American multinational investment banking, investment bank and financial services corporation headquartered in New York City. The company was formed by the merger of banking ...

and as a senior advisor to

McKinsey 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 ...

. He is the author of three books: ''What Happened to Goldman Sachs: An Insider's Story of Organizational Drift and its Unintended Consequences'', ''The Real Madrid Way: How Values Created the Most Successful Sports Team on the Planet'', and ''What Happened to Serie A: The Rise, Fall and Signs of Revival''.

Early life and education

Mandis was born in

Chicago, Illinois (''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name ...

as one of three children to his parents, Greek emigres George and Theoni. He spent his childhood in Chicago and Grand Rapids, Michigan where he attended

Forest Hills Central High School Forest Hills Central High School is located in Ada Township, Michigan, near Grand Rapids. It is one of three high schools in the Forest Hills Public Schools system. The district also includes Forest Hills Eastern High School (FHE) and Forest Hil ...

. In 1992 he received an A.B. from the

University of Chicago The University of Chicago (UChicago, Chicago, U of C, or UChi) is a private research university in Chicago, Illinois. Its main campus is located in Chicago's Hyde Park neighborhood. The University of Chicago is consistently ranked among the b ...

. After a 16-year career on Wall Street he enrolled at

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 ...

, where he received an M.A. in Museum

Anthropology Anthropology is the scientific study of humanity, concerned with human behavior, human biology, cultures, societies, and linguistics, in both the present and past, including past human species. Social anthropology studies patterns of behavi ...

in 2010, and an M.Phil in Sociology in 2013, and a Ph.D. in

Sociology Sociology is a social science that focuses on society, human social behavior, patterns of Interpersonal ties, social relationships, social interaction, and aspects of culture associated with everyday life. It uses various methods of Empirical ...

Business career

Mandis began his career at

in 1992 as a mergers-and-acquisitions banker. He later joined the proprietary trading department, where he helped build the Special Situations Proprietary Trading Group (SSG) and worked under

Henry Paulson Henry Merritt Paulson Jr. (born March 28, 1946) is an American banker and financier who served as the 74th United States Secretary of the Treasury from 2006 to 2009. Prior to his role in the Department of the Treasury, Paulson was the Chairman a ...

. In 2004 Mandis left Goldman to join Halcyon Structured Asset Management, an alternative asset management company. He remained at Halcyon until 2008, and later worked as a senior advisor to

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 ...

. He then worked as an executive at

in various roles including chief of staff to its president. In 2013 Mandis founded Kalamata Capital, a small business finance company that he funded with his own money, naming it after the area of Greece his parents are from. Since leaving Wall Street in 2012, Mandis has taught at

Columbia Business School Columbia Business School (CBS) is the business school of Columbia University, a Private university, private research university in New York City. Established in 1916, Columbia Business School is one of six Ivy League business schools and is one ...

as an adjunct professor.

Books

In 2013 Mandis's book ''What Happened to Goldman Sachs: An Insider’s Story of Organizational Drift and its Unintended Consequences'' was published by

Harvard Business Press Harvard Business Publishing was founded in 1994 as a not-for-profit, wholly owned subsidiary of Harvard University (distinct from Harvard University Press), with a focus on improving business management practices. The company consists of three ...

, based upon his PhD dissertation at Columbia. It won the 2014 Gold Axiom Business Book Award for Corporate History. In 2016 Mandis's book ''The Real Madrid Way: How Values Created the Most Successful Sports Team on the Planet'' was published by

BenBella Books BenBella Books is an independent publishing house based in Dallas, Texas. BenBella was founded by Glenn Yeffeth in 2001. It specializes in nonfiction books on popular culture, business, health, and nutrition, along with books on science, politics, ...

. The book was the subject of a documentary by

BBC Radio World Service The BBC World Service is an international broadcasting, international broadcaster owned and operated by the BBC, with funding from the Government of the United Kingdom, British Government through the Foreign Secretary, Foreign Secretary's o ...

, and won the 2017 International Book Award for Sports. In 2018 Mandis's book ''What Happened to Serie A: The Rise, Fall and Signs of Revival'', a history of the

Serie A The Serie A (), also called Serie A TIM for national sponsorship with TIM, is a professional league competition for football clubs located at the top of the Italian football league system and the winner is awarded the Scudetto and the Coppa ...

Italian professional football league, was published by Arena Sport.

Personal life

Mandis lives in

New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...

. He was awarded an

Ellis Island Medal of Honor The Ellis Island Medal of Honor is an American award founded by the Ellis Island Honors Society (EIHS) (formerly known as the National Ethnic Coalition of Organizations (NECO)), which is presented annually to American citizens, both native-born ...

in 2012.

References

External links

Steven Mandis profile
at Columbia Business School {{DEFAULTSORT:Mandis, Steven George 1970 births Living people American financial businesspeople University of Chicago alumni Columbia Graduate School of Arts and Sciences alumni Columbia University faculty American company founders Businesspeople from Chicago American business writers American bankers