Jump to content

Elisha Wiesel

From Wikipedia, the free encyclopedia

Elisha Wiesel
Born
Shlomo Elisha Wiesel

(1972-06-06) June 6, 1972 (age 52)
Alma materYale University (B.S., Computer Science 1994)
Employer(s)ClearAlpha Technologies; entrio
Known for
TitleChairman
Board member ofentrio; FactSet
SpouseLynn Bartner-Wiesel
Children2
Parent(s)Elie Wiesel
Marion Erster Rose Wiesel

Shlomo Elisha Wiesel (born June 6, 1972) is an American businessman and hedge fund manager. He worked for Goldman Sachs for 25 years, serving as its chief information officer for three years, until 2019. As of May 2023, Wiesel is co-running the Niche Plus multi-manager hedge fund, the first fund of ClearAlpha Technologies, where he is a Founding Partner. He is also the chairman of Israeli fintech start-up vendor management firm entrio, and on the board of directors of FactSet. He is the only child of Holocaust survivor, author, professor, and Nobel Peace Prize recipient Elie Wiesel.

Early and personal life

[edit]

Shlomo Elisha Wiesel was born in 1972.[1][2] He was named Shlomo Elisha, after his paternal grandfather, Shlomo, who died at age 50 after a death march to the Buchenwald concentration camp.[3] At his bris, the rabbi said: "A name has returned."[4]

His father, Elie Wiesel, was a Holocaust survivor, author, professor, activist, and Nobel Peace Prize recipient of Hungarian Jewish and Romanian Jewish descent, whose hometown was Sighet, Romania.[1][5][3] His mother, Marion Erster Rose Wiesel, is a Holocaust survivor born in Vienna, Austria, of Austrian Jewish descent, who came to the United States shortly after World War II with her family, with the help of HIAS, then known as the Hebrew Immigrant Aid Society.[6][2] She became a social justice activist and a translator.[2][7][6][8][9] His paternal grandmother and his aunt were killed in the gas chambers in the Auschwitz concentration camp.[3]

He was raised on the Upper West Side and Upper East Side in Manhattan in New York City, attending Modern Orthodox yeshiva Ramaz on the Upper East Side, and suburban New Jersey.[3][10][6] When he was six years old, Wiesel and his family lived in Israel for a few months.[11] His parents spoke French at home.[6] As a teenager, he moved from computer programming of computer games to electric guitar, interested in heavy metal bands such as Iron Maiden and Metallica, but also in the punk band The Ramones.[12][6]

Wiesel then attended Yale University, graduating with a B.S. in computer science in 1994.[11][3] At one point in his freshman year, he sported a purple mohawk haircut.[12][1][13] After graduating from Yale, he spent a few months doing basic military training in Israel.[11]

Wiesel and his wife Lynn Bartner-Wiesel are parents to two children.[11][3]

Career

[edit]

Wiesel joined the J. Aron commodities division of Goldman Sachs in 1994, after the head of J. Aron strats (the code-writers whose computer models and algorithms power the firm's trading desks) convinced him to give up his initial preference of working in the video game industry.[14][15][1][5][16] At the time, technology was in its earliest days in banking.[17] At Goldman he worked for Lloyd Blankfein and Gary Cohn, who ended up leading the firm.[18] One day Blankfein criticized him in the lobby of Goldman's headquarters as he arrived on rollerblades, saying: "I’m invested in that head, get a helmet!"[18]

He became a managing director in 2002, and a partner in 2004.[19][20] Wiesel later served as the chief risk officer of its securities division (which houses Goldman's technology-intensive trading business), and global head of its securities division desk strategists.[1][5][21]

In January 2017, when Wiesel was 44 years old, he succeeded R. Martin Chavez as Goldman's chief information officer, overseeing Engineering (the firm's Technology Division and global strategists groups).[14][22][15] Wiesel became the highest-ranked of 9,000 Goldman engineers, who accounted for 25% of the firm's total employees.[16] In July 2017, Institutional Investor named him # 10 in the "2017 Tech 40."[16]

In December 2019 Wiesel left Goldman Sachs after a 25-year career at the firm.[1][5][3] As he considered his next move, he said he was interested in the intersection of philanthropy and engineering, and was ready to move on from banking. He was considering options that included traveling the world, computer games, and teaching, while intrigued by the health care company that Jeff Bezos, Warren Buffett, and Jamie Dimon were building, and committed to spending more time working on matters relating to his father such as deciding on the disposition of his papers.[18] He volunteered on Michael Bloomberg's presidential campaign, and reflected later that his was the balance Wiesel was looking for in the political spectrum — "people who understood the need for social justice, but also understood that ... the answer is not Marxism."[2] He also began an archive of his father's writings.[2]

In November 2020 Wiesel joined Israeli Tel Aviv-based fintech start-up vendor management firm entrio (formerly, The Floor), as chairman of its board of directors.[23][24][25][26] The firm entrio is a software-as-a-service (SaaS) platform that provides software that helps banks better manage their IT operations and internal and external technology integration, making them more efficient, less costly, and less complex.[27][28][25][26] At entrio, Wiesel focuses on helping the firm expand and partner with more banks and investors.[25][26][29] In April 2023 the company announced that it had raised $7.5 million from Communitas Capital Partners, BNY Mellon, Vintage Investment Partners, and Alicorn Venture Partners.[30][31]

In March 2023, financial digital platform and enterprise solutions provider FactSet appointed Wiesel to its board of directors.[32]

In May 2023, Wiesel and quantitative investment firm AQR Capital Management alumnus Brian Hurst launched and began co-running the Niche Plus multimanager hedge fund, the first fund of ClearAlpha Technologies', where he is a Founding Partner.[33][34] The firm launched with commitments of several hundred million dollars from AQR founder Cliff Asness, Stable Asset Management, and other institutional investors.[33][34] The fund will focus on niche strategies, including temperature arbitrage.[34] It will have 13 teams, running 20 different strategies.[33] The fund said it expected to collect $1 billion within a year.[33][34]

Philanthropy

[edit]

Wiesel organized fundraisers for Good Shepherd Services, a Brooklyn-based after-school program charity that provides support for at-risk youths and their families, at Goldman beginning in 2013.[1][35][36] He also became well known for organizing the popular all-night Midnight Madness problem-solving scavenger hunt throughout New York City, popular among Wall Street professionals.[11] It has raised millions of dollars for charitable non-profits.[18][37][38][36][39][40][41]

Political activity

[edit]

At a November 30, 2016, event at the United States Holocaust Memorial Museum, Wiesel spoke of the need to protect the LGBT community and Israel, which he said was "treated as the world villain simply for making sure that Jews will never again be without a home," and criticized president-elect Donald Trump's policies that dismissed Syrian refugees, Muslims, undocumented immigrants, women, and African Americans.[42] At another event held at the Museum of Jewish Heritage on January 29, 2017, he suggested that protesting against Executive Order 13769 ("Protecting the Nation from Foreign Terrorist Entry into the United States") was part of his father's legacy.[43]

In April 2017, in a speech to the March of the Living program at Auschwitz for Holocaust Remembrance Day, he said that the United States and European countries had not learned the lessons of the Holocaust, because many in those countries had turned away Syrian refugees fleeing chemical warfare. Wiesel added: "Will you stand by when African-Americans have reason to be terrified of a routine traffic stop, when Christians are slaughtered in Egypt because they are labelled infidels, when girls in Chad, Somalia, Afghanistan, and Pakistan are threatened, raped, or shot for pursuing an education, when homosexuality in Iran is a crime that carries the death penalty?"[44][45][46]

Wiesel was as of 2020 a board member of the progressive Zionist organization Zioness.[47][48]

In December 2022, taking a stand together against the increasing instances of racism and antisemitism in the US, Wiesel joined New York City Mayor Eric Adams, Rev. Al Sharpton, Vista Equity Partners CEO and Carnegie Hall Chairman Robert F. Smith, Baptist Minister Conrad Tillard, and World Values Network founder and CEO Rabbi Shmuley Boteach to host 15 Days of Light, celebrating Hanukkah and Kwanzaa in a unifying holiday ceremony at Carnegie Hall.[49]  Wiesel said: "The Wiesel family stands now and will always stand with the Black community against racism and the lingering economic effects of slavery and segregation in this country. And we are so moved to hear leaders in the Black community like Mayor Adams, Rev Sharpton, and Rev Tillard speak out so strongly against antisemitism."[50]

In 2024, Weisel drew a comparison between Holocaust denial and denial surrounding the atrocities of October 7, 2023, including the notions that "Jews deserved it. It was just a few evil leaders. The local population did not know about it and did not support it."[51]

References

[edit]
  1. ^ a b c d e f g Popper, Nathaniel (January 9, 2017). "Goldman Sachs Names Elisha Wiesel Chief Information Officer". The New York Times. Retrieved April 18, 2017.
  2. ^ a b c d e Melissa Weiss (September 2, 2020). "Elisha Wiesel turns to the next chapter in his career". Jewish Insider.
  3. ^ a b c d e f g Lewak, Doree (January 25, 2020). "Elie Wiesel's son recalls dad, 75 years after Auschwitz liberation". The New York Post. Retrieved March 8, 2020.
  4. ^ Samuel G. Freedman (October 23, 1983). "Bearing Witness," The New York Times.
  5. ^ a b c d Crowe, Portia (January 9, 2017). "Goldman Sachs just named a new head of its giant tech division". Business Insider. Retrieved April 18, 2017.
  6. ^ a b c d e Shawn Macomber (April 4, 2018). "People of the Mosh: Elie Wiesel's Son Elisha On Metal Misfits, Hardcore Matinees & Forging Identity in the Punk Underground". Decibel Magazine. Retrieved March 8, 2020.
  7. ^ Levine, Daniel S. (July 3, 2016). "Marion Wiesel, Elie's Wife: 5 Fast Facts You Need to Know". Heavy. Retrieved March 8, 2020.
  8. ^ "Marion Wiesel". Central Synagogue. Archived from the original on May 18, 2020. Retrieved April 19, 2017.
  9. ^ Mary Ellen Snodgrass (2008). Beating the Odds: A Teen Guide to 75 Superstars Who Overcame Adversity. Abc-Clio. ISBN 9780313345654. Retrieved March 8, 2020.
  10. ^ Joseph Berger (October 15, 1986). "Man In The News; Witness To Evil: Eliezer Weisel". The New York Times. Retrieved March 8, 2020.
  11. ^ a b c d e Lyman, Rick (May 12, 2017). "Elie Wiesel's Only Son Steps Up to His Father's Legacy". The New York Times. Retrieved May 12, 2017.
  12. ^ a b Christina DesMarais (July 14, 2017). "How Important Is a Dress Code? Goldman Sachs Will Find Out". Inc. Retrieved March 8, 2020.
  13. ^ "Elisha Wiesel Remembers His Father". Moment. September 14, 2016. Retrieved March 8, 2020.
  14. ^ a b Liz Hoffman (January 10, 2017). "Goldman Sachs names new tech chief," Financial News.
  15. ^ a b "Careers Blog - In Conversation with Elisha Wiesel, Chief Information Officer". Goldman Sachs. November 19, 2018. Retrieved March 8, 2020.
  16. ^ a b c "The 2017 Tech 40: Elisha Wiesel". Institutional Investor. July 27, 2017. Retrieved March 8, 2020.
  17. ^ Laura Noonan (September 4, 2019). "Goldman Sachs braced for more top-level changes," The Financial Times.
  18. ^ a b c d Amanda L Gordon (September 12, 2019). "Goldman's Wiesel Exits as Bank Turns to Amazon for Tech Leader". Bloomberg. Retrieved March 8, 2020.
  19. ^ Samson, Adam (January 9, 2017). "Elisha Wiesel tapped to become Goldman's tech chief". Financial Times. Retrieved April 18, 2017.
  20. ^ Oran, Olivia (January 9, 2017). "Goldman names Elisha Wiesel as new chief information officer". Reuters. Archived from the original on January 9, 2017. Retrieved April 18, 2017.
  21. ^ Liz Hoffman (January 10, 2017). "Goldman Sachs Names New Tech Guru," The Wall Street Journal.
  22. ^ Dakin Campbell (January 9, 2017). "Goldman Promotes Elisha Wiesel to Chief Information Officer". Bloomberg. Retrieved March 8, 2020.
  23. ^ "Entrio". finder.startupnationcentral.org.
  24. ^ "Son of Elie Wiesel, former banking exec to chair Israeli fintech firm". The Jerusalem Post. November 23, 2020.
  25. ^ a b c "Former Goldman CIO Elisha Wiesel joins The Floor". Finextra Research. November 23, 2020.
  26. ^ a b c Irrera, Anna (November 23, 2020). "Former Goldman CIO Elisha Wiesel joins fintech startup The Floor". Reuters.
  27. ^ Hinchliffe, Ruby (November 25, 2020). "Goldman's former CIO becomes chairman of Israeli fintech The Floor". FinTech Futures.
  28. ^ Spiro, James (November 23, 2020). "The Floor appoints Elisha Wiesel as Chairman, bringing 25 years of Wall Street with him". CTECH.
  29. ^ "Management Team". The Floor.
  30. ^ Spiro, James (April 2, 2023). "Israeli startup entrio raises $7.5 million for its IT asset management platform; The company plans to broaden its data coverage across more tech assets and help businesses gain a more holistic view of their tech stacks". CTECH.
  31. ^ Dorbian, Iris (March 31, 2023). "Israeli tech startup Entrio scores $7.5m; Communitas Capital Partners led the round". Venture Capital Journal.
  32. ^ "FactSet Appoints Elisha Wiesel to Board of Directors". Yahoo Finance. March 24, 2023.
  33. ^ a b c d Amanda L Gordon (June 1, 2023). "Goldman, AQR Alumni Start Niche Hedge Fund With Backing From Cliff Asness". Bloomberg.
  34. ^ a b c d "AQR founder backs new niche hedge fund". Hedge Week. June 2, 2023.
  35. ^ Robbins, Liz (October 11, 2013). "One Long Night in Puzzle City". The New York Times. Retrieved April 19, 2017.
  36. ^ a b "HHREC Annual Dinner to Feature Elisha Wiesel," The Jewish Link, October 18, 2018.
  37. ^ Davis, Owen (January 9, 2017). "Goldman's New CIO Is Pretty Much Impervious To Snark". Dealbreaker. Retrieved March 8, 2020.
  38. ^ Olivia Oran (January 9, 2017). "Goldman names Elisha Wiesel as new chief information officer," Reuters.
  39. ^ Susanna Kim (June 28, 2013). "Goldman Sachs' 'Madness' Scavenger Hunt Accepting Applications at $50K+ Per Team," ABC News.
  40. ^ Salmon, Felix (June 28, 2013). "How a Goldman Sachs scavenger hunt is like a private equity deal". Reuters. Archived from the original on July 1, 2013. Retrieved March 8, 2020.
  41. ^ Seth Porges (August 14, 2015). "For One Long Night, Manhattan Was Turned Into A Massive Game For Hundreds Of Finance Workers". Forbes. Retrieved March 8, 2020.
  42. ^ "Elie Wiesel's son excoriates Trump rhetoric, calls for political reconciliation". Jewish Telegraphic Agency. December 1, 2016. Retrieved April 19, 2017.
  43. ^ Gordon, Amanda L. (January 30, 2017). "Elisha Wiesel Reflects on Immigrant Ban and Father's Legacy". Bloomberg. Retrieved April 19, 2017.
  44. ^ Naomi Zeveloff (April 25, 2017). "Elie Wiesel's Son; Holocaust Lessons Unheeded in Syria Disaster," The Forward.
  45. ^ Elisha Wiesel (April 24, 2017). "Elisha Wiesel’s speech urges Jews not to be silent observers of injustice," The Canadian Jewish News
  46. ^ Elisha Wiesel (April 25, 2017). "My father was a witness, and now I will be a witness (op-ed)," Ynet.
  47. ^ Melissa Weiss (September 2, 2020). "Elisha Wiesel's next chapter". Jewish Insider. Retrieved September 6, 2020.
  48. ^ "Staff & Board of Directors". Zioness Movement.
  49. ^ Reports, AmNews Staff (December 21, 2022). "Mayor Eric Adams, Rev. Al Sharpton, others gather for joint Kwanzaa, Hanukkah celebration". New York Amsterdam News.
  50. ^ "Mayor Eric Adams, Rev. Al Sharpton, Robert F. Smith, Robert F. Smith, Rev. Conrad Tillard, Rabbi Shmuley Boteach and Elisha Wiesel join together to host '15 Days of Light,' celebrating Hanukkah and Kwanzaa". JNS.org.
  51. ^ Wiesel, Elisha (December 9, 2024). "Denial". American Bar Association. Retrieved December 29, 2024.
[edit]