Who is Jay Alix?
He was born in 1955. He was married to Maryanne (who died in 2000). They had two daughters. He later married Connor Ferrick. Jay is the founder of Alix Partners and Questor Partners Holdings.
Alix Partners is a ‘turnaround’ consulting firm. The firm had famous clients, all in a ‘turn around’ status, including General Motors Co., Kmart, and Enron Corp.
In 2006 Hellman & Friedman bought a controlling stake in Alix Partners, valuing the company at $800 million. Jay ALix remained a shareholder.
In 2012 CVC Capital Partners acquired AlixPartners for an undisclosed sum. But in 2016 Jay bought the company back. The company value is now more than $ 2.5 billion.
QUESTOR PARTNERS HOLDINGS, INC.
Questor Partners is an investment management fund. The firm closed its first $300 million investment fund in 1995. It closed a second, worth $860 million, in 1999. The firm has delivered an average annual net return to investors of about 20 percent.
The net worth of Jay Alix is estimated at $ 1.2 billion.
Alix is an active philanthropist. In 2018 he donated $ 200 million to the Mayo Clinic. A year later he donated another $ 15 million.