Martin Nesbitt

Martin Hughes Nesbitt (born November 29, 1962) is an American businessman who is a co-CEO of Chicago-based private equity firm The Vistria Group.[1] Marty serves on the boards of directors of publicly traded companies CenterPoint Energy, Norfolk Southern Corporation and American Airlines Group. Marty formerly served as the founder and chief executive officer of The Parking Spot, a Chicago-based airport parking company. He also served on the board of the Chicago Housing Authority. Nesbitt is a close personal friend of former U. S. President Barack Obama and was the campaign treasurer during Obama's 2008 presidential campaign.[2] He also serves as Chairman of the Barack Obama Foundation.

For the North Carolina politician, see Martin Nesbitt (politician).
Marty Nesbitt
Born
Martin Hughes Nesbitt

(1962-11-29) November 29, 1962
Columbus, Ohio, U.S.
EducationAlbion College (BA)
University of Chicago (MBA)
Political partyDemocratic

Life and career

Nesbitt was born and raised in Columbus, Ohio, graduating from Columbus Academy.[3] He went on to earn his bachelor's degree from Albion College in Albion, Michigan, in 1985. After working as a financial analyst at GMAC, he won a fellowship to study at the University of Chicago Graduate School of Business, where he earned his MBA in 1991. From 1996 to 1998, he worked as the vice president of Pritzker Realty group and in 1998, he founded The Parking Spot along with investor Penny Pritzker.[4] The Parking Spot offers airport parking services primarily for business travelers.[5]

Nesbitt met Barack and Michelle Obama through Michelle Obama's brother Craig Robinson who was a high school basketball coach. He supported Obama's 2004 senate bid and served as the campaign treasurer on his 2008 presidential campaign. In 2013, he co-founded The Vistria Group, a private equity firm, with Chicago businessman Kip Kirkpatrick.[2][6][7] Both Nesbitt and Kirkpatrick serve on the board of Rush University Medical Center.[6] Along with a series of other funds, The Vistria Group acquired Apollo Education Group, one of the world's largest private education providers, in 2017.[8] The firm has over $3.1 billion in assets under management from institutional investors like public retirement plans, corporations, endowments or foundations, high net-worth families, non-U.S. investors and financial institutions.[6]

Nesbitt is currently serving on the foundation planning board for the home of the future Barack Obama Presidential Library and Museum.[9]

gollark: So kind of like CC modems?
gollark: Also, compute card?
gollark: RF card?
gollark: imagine being
gollark: Also IIRC (if I recall correctly).

References
  1. "Martin Nesbitt-bio". vistria.com. Retrieved April 6, 2019.
  2. Harris, Melissa (January 21, 2013). "Executive Profile: Martin Nesbitt, the first friend". Chicago Tribune. Retrieved May 17, 2018.
  3. Chicago Tribune: "Executive Profile: Martin Nesbitt, the first friend - Drive to succeed evident in business, with family, on basketball court" By Melissa Harris January 21, 2013
  4. "Martin Nesbitt". Business Makers. The History Makers. Retrieved 2 January 2014.
  5. Sharkey, Joe (November 6, 2007). "The Lowly Parking Garage With the Colorful Identity". The New York Times. Retrieved 2 January 2014.
  6. "A new kind of private-equity firm". Crain's Chicago Business. 2019-10-04. Retrieved 2019-10-18.
  7. "Martin Nesbitt". Washington Post. 25 July 2012. Retrieved 2 January 2014.
  8. "Investor Consortium Completes Acquisition of Apollo Education Group, Inc". www.businesswire.com. Retrieved 2017-05-16.
  9. Jackson, David (2014-01-31). "Obama library foundation is formed". Usatoday.com. Retrieved 2014-05-16.
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