Olivier Sarkozy | |
---|---|
Born | Pierre Olivier Sarkozy 26 May 1969 Paris, France |
Alma mater | University of St. Andrews |
Occupation | Banker |
Spouses | |
Children | 2 |
Relatives | Guillaume Sarkozy (paternal half-brother) Nicolas Sarkozy (paternal half-brother) Jean Sarkozy (nephew) |
Pierre Olivier Sarközy de Nagy-Bocsa[1] (born 26 May 1969)[2] is a French banker based in the United States. His half-brother is Nicolas Sarkozy, the former President of France.
Early life
Sarkozy was born to Pál István Ernő Sárközy de Nagy-Bócsa, a nobleman of Hungarian descent, and Christine de Ganay, who was herself of French descent.[3] His father was previously married and had three children with his first wife, including Nicolas,[4] whom Sarkozy met weekly during his early childhood. De Ganay divorced Pál Sarkozy, and then married an American diplomat, when Sarkozy was 7. He spent the rest of his childhood and adolescence outside France, living in Zambia, Egypt, and a boarding school in the UK. Sarkozy later studied at the University of St Andrews, where he earned an M.A. in medieval history.[3]
Career
In 1990, Sarkozy was hired by the American investment bank Dillon, Read & Co. He left three years later to join Credit Suisse First Boston, where he held several senior posts, including Managing Director in the Financial Institutions Group.[5]
While at CSFB, Sarkozy advised Wachovia in its merger of equals with First Union and concurrent defense against a competing hostile proposal from Suntrust; Dime Bancorp in its merger with Washington Mutual; CoreStates Financial in its sale to First Union; and Wells Fargo in its merger with Norwest Corporation and acquisition of First Interstate, among others.[3]
In January 2003, he joined UBS Investment Bank, where he was Global Co-Head of the Financial Institutions Group. At UBS, he worked on such transactions as Sallie Mae's attempt to go private and subsequent recapitalization; ABN Amro's $21 billion sale of LaSalle Bank to Bank of America; Mellon's $17 billion merger of equals with the Bank of New York; Charles Schwab's sale of U.S. Trust to Bank of America; MBNA's $36 billion sale to Bank of America; Wachovia's $14 billion acquisition of Southtrust; National Commerce's $7 billion sale to Suntrust; and Regions Financial's $6 billion merger of equals with Union Planters. [citation needed]
Sarkozy was responsible for CIBC's $2.9 billion recapitalization and Sallie Mae's $3.0 billion recapitalization. He also acted as lead advisor in a number of other notable transactions, including Dime Bancorp's private placement of preferred and other equity securities to Warburg Pincus (as part of its successful defense against a hostile tender offer from North Fork) and the recapitalization of Glendale Federal Bank, representing the then-largest recapitalization in history. On 3 March 2008, he was appointed Co-head and Managing Director of the Carlyle Group's Global Financial Services Group.[5] He resigned from that position in May 2016.[2] Based in New York City, Sarkozy is a member of the Board of Directors of BankUnited.[5]
Personal life
In the 1990s, Sarkozy married Charlotte Bernard, a freelance fashion writer and author of children's books, who grew up in Paris. They were married by his half-brother, Nicolas, who was then mayor of Neuilly-sur-Seine. They have two children.[6] Sarkozy and Bernard were married for 14 years before separating in 2010, with their divorce being finalized the following year.[7]
In May 2012, Sarkozy began a relationship with fashion designer and former child actress Mary-Kate Olsen.[7] The two were married on 27 November 2015, at a private residence in New York City.[8] On 17 April 2020, Olsen filed for divorce from Sarkozy. On 13 May she filed an emergency order to proceed despite delays due to the COVID-19 pandemic,[9][10] but it was denied a day later. On 25 January 2021, the divorce was finalized.[11]
References
- ^ "Executive Profile: Pierre Olivier Sarkozy". Bloomberg Business. Archived from the original on October 28, 2015. Retrieved October 28, 2015.
- ^ a b Banerjee, Devin; Porter, Kiel; Meier, Simone (May 26, 2016). "Carlyle's Financial Services Head Sarkozy Is Said to Resign". Bloomberg Business. Archived from the original on May 26, 2016. Retrieved March 9, 2017.
Sarkozy, who turned 47 on Thursday [May 29, 2016]...
- ^ a b c Olson, Parmy (May 9, 2007). "The Other Sarkozy: Big Apple Dealmaker". Forbes. Archived from the original on April 27, 2015. Retrieved April 19, 2008.
- ^ Schmemann, Serge (May 15, 2007). "The New French President's Roots Are Worth Remembering". The New York Times. Archived from the original on July 23, 2016. Retrieved September 28, 2008.
- ^ a b c "The Carlyle Group Names Olivier Sarkozy Co-head of Global Financial Services Group". The Carlyle Group. March 3, 2008. Archived from the original on May 12, 2008. Retrieved April 19, 2008.
- ^ Grove, Lloyd (November 12, 2007). "Expatriate Games". New York. Archived from the original on October 8, 2012. Retrieved April 19, 2008.
- ^ a b Maresca, Rachel (August 16, 2013). "Mary-Kate Olsen bonds with boyfriend Olivier Sarkozy's young daughter during shopping trip". Daily News. New York City. Archived from the original on February 18, 2015. Retrieved October 28, 2015.
- ^ Bender, Kelli (November 29, 2015). "Mary-Kate Olsen had 'bowls of cigarettes' for guests at wedding". People. Archived from the original on November 29, 2015. Retrieved May 14, 2020.
- ^ Jackson, Dory (May 13, 2020). "Mary-Kate Olsen Seeks Emergency Divorce From Olivier Sarkozy: 5 Things to Know About the French Banker". Us Weekly. Retrieved May 14, 2020.
- ^ Vanderhoof, Erin (May 13, 2020). "Mary-Kate Olsen's Divorce Filing Reportedly Involves an Emergency Court Order". Vanity Fair. Retrieved May 14, 2020.
- ^ Mackie, Johnni (January 25, 2021). "Mary-Kate Olsen and Olivier Sarkozy Finalize Their Divorce 9 Months After Separating". Us Weekly. A360 Media LLC. Retrieved February 12, 2021.