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2 unusual facts about Paine Webber


Farrel Corporation

In 1992, Charles S. Jones led Farrel’s IPO on NASDAQ, underwritten by Paine Webber and First Albany for a pre-money valuation of $52.1 million, giving the original investors a 52.1x return in less than six years, with an IRR of 92.1%.

Painesdale, Michigan

Painesdale was built by the Champion Mining Company between 1899 and 1917, and named after the Boston businessman William A. Paine, who was associated with many mines as well as the Paine Webber brokerage.


Donald Marron

Donald B. Marron (born July 21, 1934) is a financier, private equity investor and entrepreneur, notable as the chairman and chief executive officer of brokerage firm Paine Webber from 1980 through the sale of the company in 2000, as well as the founder of private equity firm Lightyear Capital and of Data Resources Inc.

Margo Alexander

Prior to joining the board at the Acumen, she enjoyed an illustrious career as the former Chairman of UBS AG Global Asset Management and a former senior executive at Paine Webber.

Tricadia Capital

Before founding Tricadia Holdings, Mr. Barnes had worked at UBS and Paine Webber, and Bear Stearns.


see also