You are here
Russell L. Carson
Russell L. Carson ’67
Cofounder and General Partner Welsh, Carson, Anderson & Stowe
Russell Carson attended public high school in Toledo, Ohio, prior to receiving a BA degree in economics from Dartmouth College in 1965 and an MBA from Columbia Business School in 1967.
Since 1978, Mr. Carson has been a general partner of Welsh, Carson, Anderson & Stowe (WCAS), one of the country’s largest private investment firms, which he cofounded. Over the past 30 years, WCAS has raised 15 institutionally funded limited partnerships with total capital in excess of $20 billion and has invested in more than 250 companies. The firm has evolved into the leading specialist in the buyout of privately owned companies in the information services and healthcare industries. Unlike many buyout firms, WCAS emphasizes the growth of acquired businesses and ultimately seeks its financial returns through access to the public stock market. Mr. Carson has focused on WCAS’s healthcare investment activities and is a director of four portfolio companies.
From 1967 to 1978, he was employed by the Citicorp Venture Capital subsidiary of Citicorp and served as its chairman and chief executive officer from 1974 to 1978.
Active in community affairs, Mr. Carson is a trustee of Dartmouth College, chairman of the Rockefeller University board of trustees, a trustee of the Metropolitan Museum of Art, a director of the Partnership for New York City, cochairman of the New York City Investment Fund, a director of the World Trade Center Memorial Foundation, and chairman of the Endowment for Inner-City Education. He resides in New York City with his wife, Judy, and their two children.
The Curl Ideas to wrap your mind around
Columbia Business School Professor Predicts How Changes in Banking Laws Could Fuel Emerging Economies of Tomorrow
New research tracks emerging countries’ economics activity after law changes and finds a boost in access to credit; increase in employment rate; increase in productivity and sales for firmsRead More
Can't Meet Anyone Online? It's Not All Your Fault.
Seeking a match online? Whether its a new job or a date, fewer choices may lead to better matches.Read More
To Anchor a Negotiation, Two Points May Be Better Than One
Opening ranges offer negotiators unexpected benefits both in relationships and final settlementsRead More
3 Steps to Board Membership
A board position brings prestige, influence, and power. Speakers at a recent Columbia Business School alumni event offered tips on getting a seat at the table.Read More
A New Look at Culture and Its Influence on Individuals and Organizations
New research from Columbia Business School professor introduces “Polyculturalism”Read More
Hershey Buys Jon Sebastiani’s Krave Jerky
In an agreement estimated to be worth $200–300 million, chocolate giant Hershey has acquired Krave, a company founded by Jon Sebastiani ’12 that makes all-natural, uniquely flavored meat jerky.Read More
Hello, Financial Sector? Earth Is Calling.
The director of the Earth Institute at Columbia University explains why it’s in financiers’ own best interest to combat climate change.Read More
When It Comes to an Opening Number, Sometimes the Best Bargaining Move Is to Offer Two
New research from Columbia Business School challenges the conventional wisdom offered by a generation of negotiation scholarsRead More
How Do You Make a Memorable First Impression?
You have less than 30 seconds to make a good first impression. Julia McNamara '96 tells you how.Read More