Richard Jenrette

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Richard Hampton Jenrette (April 5 1929), born in Raleigh, NC, was one the founders of the Wall Street firm, Donaldson, Lufkin & Jenrette (DLJ). Jenrette founded DLJ in 1959 with William H. Donaldson, former chairman of the U.S. Securities and Exchange Commission, and Dan Lufkin. Under Jenrette's direction, the firm concentrated on in-depth analysis, creating a new industry standard for institutional investing. Jenrette was also instrumental in taking DLJ public in 1970, making it the first publicly traded investment firm in the United States. Taking the helm of DLJ in 1973, Jenrette successfully shepherded the firm through a recession and a later sale to worldwide insurance leader, The Equitable, where he served as Chairman and CEO from 1990 until 1996. Today, Jenrette restores historic old homes. His published works include Jenrette: The Contrarian Manager and Adventures With Old Houses. Jenrette has lived with the same male partner for 20 years and rarely speaks of his status as a homosexual.

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