Blum Capital Partners has invested $10 million or more
in 88 companies since it began investing out of its
strategic funds in 1998.
Technology
Avid Technology
The Bisys Group
Ceridian Corp.
Electronics for Imaging Fair, Isaac & Company
JDA Software
National Data Corp. NCR Corp.
Novell, Inc.
Paxar Corp.
Pegasus Solutions
Rovi Corporation
Skillsoft PLC
Suntron Corp.
Synopsys, Inc.
Websense
Xtralis Group
Zebra Technologies
Media & Telecom
Current Media
Echostar Corp. Getty Images
SBA Communications
Western Wireless Corp.
Real Estate
CBRE Group Fairmont Hotels
Business Services
Aimia Inc.
American Reprographics, Inc.
Axispointe, Inc.
Convergys Corp.
Navigant Consulting, Inc.
PRGX Global
URS Corporation
Retail
Michaels Stores, Inc.
Myer, Ltd.
Payless ShoeSource Ross Stores, Inc.
Thomson Tiffany & Co. Williams Sonoma
Consumer
Nu Skin Enterprises
NutriSystem, Inc. Playtex Products, Inc.
Timberland Corp.
Healthcare
CareFusion
Dianon Systems, Inc.
eResearch Technology Inc.
First Health Group Corp.
Glenrose Instruments
Haemonetics Corp.
Health Management Associates
Impath Inc. Kinetic Concepts, Inc. Laboratory Corp. of America
LCA-Vision
Lincare Holdings, Inc.
Magellan Health Services, Inc.
Pediatrix Medical Group, Inc.
Renal Care Group
Scott Technologies, Inc.
Select Medical Corp.
Symmetry Medical
Educational Services
Career Education ITT Educational Services Lincoln Educational Services
Manufacturing
Tokheim Corporation
USG Corp.
Financial Services
Athlon Holdings
BankThai
CIMB Group Holding CoreLogic
First American Financial
John H. Harland Company
Janus Capital Group
Korea First Bank
MoneyGram International
Montpelier Re Holdings
Nova Corp.
Asia-Pacific Alternative Asset Manager (name
undisclosed)
SEI Investment Company
TCF Financial Corp.
UCBH Holdings
Veracity Payment Solutions, Inc.
Waddell & Reed Financial, Inc.
Washington Mutual
Transportation/Distribution
Midwest Airlines
UAP Holdings
Other
Copart, Inc.
SMC Holdings Corp.
*Companies in bold are current portfolio
investments
Mr. Richard C. Blum, also known as Dick, co-founded Blum Capital Partners in 1975 and serves as its Chief Executive Officer, President, general partner and Chairman. He was previously Partner at the firm from May 2006 to December 2012. Mr. Blum is a Co-Founder of TPG Capital L.P. He is the Founder and Chairman of Richard C. Blum & Associates, Inc. He is the Founder and Chairman of the American Himalayan Foundation. He is also a founding member of the Council of Advisors ... to National Geographic International. He serves as an Honorary Consultant to Mongolia and the Kingdom of Nepal. Previously, he co-founded TPG Newbridge Capital in the early 1990s and has been its Co-Chairman since September 2001. Mr. Blum founded Blum Center for Developing Economies at the University of California. He founded the Global Economy and Development Center at The Brookings Institution. He also founded the Blum-Brookings Conference to develop policy research strategy and to work on individual projects. He served with Sutro & Co. for 17 years from 1958 to 1975 and served as various positions including director and major stockholder. Mr. Blum serves as Co-Chairman of the World Conference on Religion and Peace. He serves as Co-Chairman - Asia at TPG Capital. Mr. Blum has been a Director of KFB Newbridge Advisors, Co. since 2000 and KFB Newbridge Control Corp. since 2000. He serves as a Director Emeritus of Northwest Airlines Corporation. Mr. Blum is a Member of Investment Committee of Montgomery Street Partners, LLC. He has experience serving as a director of other companies and serves on the board of directors of Pacific Alliance Group Holdings Ltd. He has been a Director of The Regents of The University of California since 2002. He serves as a Director at Coral Growth Investments Limited and Egyptian Direct Investment Fund. He serves as a Member of the Governing Board at University of California. He serves as a Member of Advisory Board at The Endeavor Group, Inc. He serves as a Member of Advisory Board of the Haas School of Business at the University of California at Berkeley. Mr. Blum serves as a Trustee of The Brookings Institution. He serves as a Member of Economic Advisory Council at URS Corporation. Mr. Blum serves as a Member of the Board of Trustees at American Cancer Society Foundation. He serves on the Boards of The California Academy of Sciences. He serves as a Board Member of the World Wildlife Fund and the Wilderness Society. He serves as Member of Economic Advisory Council of Federal Reserve Bank of San Francisco. He serves on the board of trustees of The Asian Art Museum Foundation, The Carter Center, Central European University, Glide Foundation, The National Democratic Institute and The Simon Wiesenthal Center Inc. He served as the Chairman of the Board of Regents for the University of California. He served as the Chairman of CB Richard Ellis Services. He served as the Chairman of CBRE Group, Inc. from September 2001 to May 2014. He served as Vice Chairman of URS Corporation from 1975 to November 2005 and also served as its Director until November 2005. He served as an Independent Director at CBRE Group, Inc. from May 1993 to May 13, 2016. He served as a Member of Economic Advisory Council of Federal Reserve Bank of San Francisco. He served as a Director of FRHI Holdings Limited. He served as a Director of Current Media, Inc. since May 2004. He served as a Director of National Education Corp., since 1987, Northwest Airlines, LLC from 1989 to January 2005 and Playtex Products, LLC since 1998. He served as a Director of Northwest Airlines Holding Corporation. He served as a Director of Triad Systems Corporation since 1992. He served as a Director of Standard Chartered Bank Korea Limited, Taft Broadcasting Corporation, Shaklee Corporation, Advanced Systems, Inc., Sumitomo Bank of California, Princeville Development Corporation and Myer Pty Ltd. He served on the boards of National Educational Corporation. Mr. Blum served as a Director at Glenborough Realty Trust Inc. since January 1998. He served as a Director at Korea First Bank Ltd. He served as a Director of Sutro & Co. until 1975. He was appointed as a Regent in 2002 by Governor Davis to a 12-year term from March 12, 2002 to March 1, 2014. He is active in numerous non-profit organizations. He has experience in the capital markets and securities business. Mr. Blum has long had philanthropic interests, primarily focused on global poverty and education. He was the recipient of UC Berkeley's Haas School of Business Alumnus of the Year Award in 1994. He was appointed by President Obama to be a member of the President's Global Development Council. Most recently, he was awarded the Haas School of Business' Lifetime Achievement Award. He received an Honorary Doctoral Degree from the University of San Francisco's McLaren College of Business in 2006. Mr. Blum holds a B.S. degree in Business Administration in 1958 and an MBA degree in 1959 from the University of California at Berkeley.
OAKLAND, Calif. (KTVU/AP) - A now-fired Stanford University sailing coach, along with 13 other Bay Area CEOs, real estate moguls, a jewelry store owner and a vintner were among the 50 people charged in a nationwide college-admissions scam, federal prosecutors said on Tuesday.
Dubbed "Operation Varsity Blues," the FBI and prosecutors in Boston described a detailed scheme where a total of 33 wealthy parents bribed college coaches and insiders at testing centers to help get their children into some of the most elite schools in the country. Some parents paid in Facebook stock. Other parents either Photoshopped their children's faces onto athletes' bodies, or pretended their children were someone else in pictures.
"These parents are a catalog of wealth and privilege," U.S. Attorney Andrew Lelling said in announcing the $25 million federal bribery case at a news conference in Boston.
The most high-profile names to come out of the biggest college admissions scam ever prosecuted by the U.S. Justice Department were Hollywood actresses Felicity Huffman and Lori Loughlin.
Loughlin, who was charged along with her husband, fashion designer Mossimo Giannulli, appeared in the ABC sitcom "Full House," while Huffman starred in ABC's "Desperate Housewives." Both were charged with fraud and conspiracy. Neither could be reached for comment.
Prosecutors said parents paid an admissions consultant a total of $25 million from 2011 through last month to bribe coaches and administrators to label their children as recruited athletes, to alter test scores and to have others take online classes to boost their children's chances of getting into schools. Parents spent anywhere from $200,000 to $6.5 million to guarantee their children's admission, officials said. No students were charged. Authorities said in many cases the teenagers were not aware of the fraud.
None of the schools, including Stanford, are part of the investigation, Lelling said.
"We have not seen the schools as co-conspirators," he added.
The mastermind? William Rick Singer, 59, of Newport Beach. He has been cooperating with federal authorities since last fall. On Tuesday, he pleaded guilty to racketeering conspiracy, money laundering conspiracy, conspiracy to defraud the United States, and obstruction of justices in federal court in Boston.
Singer owns the Edge College & Career Network, also known as The Key — a for-profit college counseling and preparation company offering families help in getting students into competitive colleges and universities. He also runs the Key Worldwide Foundation, which purports to be a charity and which prosecutors say was used to disguise the true nature of payments from parents.
Court papers indicate despite being a federal informant, Singer also tipped off several families that his conversations were being recorded and warned parents not to incriminate themselves.
In the Bay Area, Stanford sailing coach John Nicholas Vandemoer agreed to designate the child of one Singer's clients as a recruit for the team in exchange for a payment to that program in 2017, federal documents allege. Singer helped create a student-athlete application to Stanford by falsely claiming the unidentified incoming student was a competitive sailor.
By May 2018, the would-be student deferred his application to Stanford for a year and Singer directed a $110,000 payment from one of his charity’s accounts to the Stanford sailing program in exchange for the coach’s agreement to designate the boy as a recruit the next year, according to the court documents.
Later that summer, the boy decided not to go to Stanford. But Vandemoer allegedly agreed with Singer to use that same recruiting spot for another of Singer’s clients in exchange for a $500,000 payment to the program, prosecutors allege.
Vandemoer, 41, pleaded guilty Tuesday in Boston to charges related to the case, according to U.S. Department of Justice officials. He could not be reached for comment on Tuesday through his Stanford email and KTVU was unsuccessful in tracking down his phone number.
In a statement on Tuesday, Stanford said that the university has been cooperating with the investigation and will undertake an internal review to make sure that no one else at the school was involved. Stanford also said that Vandemoer was fired.
Stanford's president and provost issued a lengthy joint statement, which said this conduct is contrary to the University's values.
“We will ensure that Stanford will not benefit from the monies that were contributed to the Stanford sailing program as part of this fraudulent activity," the statement read in part.
The Department of Justice also provided a full list of those charged in Operation Varsity Blues, including those from the Bay Area. They are:
Diane Blake, 55, an executive at a retail merchandising firm and Todd Blake, 53, an entrepreneur and investor, both live in Ross, Calif. According to the criminal complaint, the Blakes agreed to pay $250,000 in order to facilitate their daughter’s admission to USC as a purported volleyball recruit. Until 2018, Todd Blake was a trustee for nine years at the K-8 Ross School District, according to his Twitter account, where he also posted his excitement over his daughter’s enrollment at USC. KTVU emailed Diane Blake and left a voicemail for her husband seeking comment.
Amy Colburn, 59, and Gregory Colburn, 61, both of Palo Alto, Calif. The Colburns are accused of paying $25,000 to have someone else take their son's SAT test. A receptionist at Gregory Colburn's office where he is an oncologist, said he was away on a "family emergency."
Elizabeth Henriquez, 56, and Manuel Henriquez, 55, both of Atherton, Calif., founder, chairman and CEO of a publicly traded specialty finance company. Court documents allege the Henriquezes participated in the college entrance exam cheating scheme on four separate occasions, for their two daughters. In addition, they conspired to bribe the head tennis coach at Georgetown University, to designate their older daughter as a tennis recruit in order to facilitate her admission
to the university, prosecutors allege. The proctor then “‘gloated’ with Elizabeth Henriquez and her daughter about the fact that they had cheated and gotten away with it, the documents allege. KTVU sent an email seeking comment to Manuel Henriquez's company but did not get an immediate response.
Agustin Huneeus Jr., 53, of San Francisco, Calif., a prominent Napa Valley wine magnate. Prosecutors allege he tried to bribe the water polo coach at USC to get his daughter into school. Acccording to court documents, he paid for the results of his daughter's SAT exam to be altered resulting in a score of 1380. After the exam, he complained that it should have been a 1550 too which Singer replied "No. ’Cause I would have got investigated for sure based on her grades." Huneeus also admitted sending the college a photo of his daughter playing water polo when it was not her. His children attend Marin Academy, a parent there said, and he has traditionally provided free wine for school events. KTVU sent an email to his company, but did not immediately hear back.
Bruce Isackson, 61, president of a real estate development firm; and Davina Isackson, 55, both of Hillsborough, Calif. They are alleged to have exchanged more than $250,000 in Facebook stock to secure their daughter's admission to UCLA as a purported soccer recruit. They couldn't be reached for comment by phone or Facebook message.
Marjorie Klapper, 50, of Menlo Park, Calif., co-owner of jewelry business. According to the criminal complaint, Klapper paid $15,000 to alter her son's ACT score. As a result, her son received a score of 30 out of a possible 36 on the ACT exam. Klapper e-mailed a copy of the score to Singer noting: “Omg. I guess he’s not testing again.” Singer replied, “Yep, he is brilliant.” Her voicemail at work was full when KTVU tried to contact her.
William McGlashan Jr., 55, of Mill Valley, Calif., senior executive at a global equity firm. He is alleged to have participated in both the college entrance exam cheating scheme and the college recruitement scheme, including by conspiring to bribe the senior associate athletic director at USC facilitate his son’s admission to USC as a recruited athlete. McGlashan and a fraudulent consultant also discussed creating a fake sports profile for his son, allowing him to get into USC as a recruited athlete, authorities said. The consultant asked for a photo of the teen so it could be Photoshopped onto the face of a football kicker.
“Let me look through what I have,” McGlashan allegedly said in a recorded conversation. “Pretty funny. The way the world works these days is unbelievable.”
The court filings suggest that McGlashan’s son was oblivious to his father’s alleged scheming.
KTVU reached out to a representative from his company TPG, who released this statement, “As a result of the charges of personal misconduct against Bill McGlashan, we have placed Mr. McGlashan on indefinite administrative leave effective immediately. Jim Coulter, Co-CEO of TPG, will be interim managing partner of TPG Growth and The Rise Fund. Mr. Coulter will, in partnership with the organization’s executive team, lead all investment work for both going forward.”
Peter Jan Sartorio, 53, of Menlo Park, Calif., packaged food entrepreneur. According to the complaint, he paid $15,000 in cash to have his daughter's answers corrected on the college entrance exam. His daughter received a score of 27 out of a possible 36 on the ACT, which placed her in approximately the 86th percentile. Although she had not previously taken the ACT, she had previously earned scores of 900 and 960 out of a possible 1600 in successive administrations of the PSAT, which placed her between the 42nd and 51st percentile for her grade level. The Sartorio home voicemail was full on Tuesday.
Marci Palatella, 63, of Healdsburg, Calif., CEO of Preservation Distillery Bardstwon, where a person answered the phone saying, "We don't know anything. We have no comment."
Palatella is alleged to have taken part in both the college entrance exam cheating and the athletic recruitment schemes, by falsely describing her son as a long snapper, in order to facilitate his admission to USC as a football recruit.
According to the complaint, Palatella said she and her spouse “laugh every day” about how grateful they were for the services, “We’re like, it was worth every cent."
Bill McGlashan, founder of TPG Growth, a prominent San Francisco private equity firm with investments in Airbnb, Uber and other companies, is a well-known proponent of ethical investing in Silicon Valley. He helped form The Rise Fund, which makes investments in social impact initiatives like wildlife protection in Botswana and rural microfinance systems in China.
Court papers allege McGlashan worked with Singer to fake the ACT results for his son — who cell phone records showed was in Marin County at the time he was supposedly taking the test in Los Angeles, according to the complaint. The boy received a score of 34 out of a possible 36, which he submitted last year in an application to Northeastern University in Boston.
McGlashan was allegedly caught in a recorded conversation discussing a similar scheme for his younger two children.
“Here’s the only question, does he know? Is there a way to do it in a way that he doesn’t know that happened?” McGlashan asked about his son. “Oh yeah,” Singer responded.
The two discussed using Photoshop to make a fake profile for his son as a football player in order to help him get into USC or Stanford.
“I’m gonna make him a kicker,” Singer said. “He does have really strong legs,” McGlashan responded, laughing. “Maybe he’ll become a kicker. You never know.”
The Highlighted data is really a kidnapping case where the court, the court staff and the judge prearranged the kidnapping. Unknown to respondent Pete Bennett back in 2007 or even earlier was the connection between his truck explosion, several attempts on his life and the rock solid connection between DA Peterson, his Mormon Brother at Alamo 1st to the murderous attorneys from Southern Pacific thn owned by Philip Anschutz primary shareholder of Santa Fe Southern Pacific. :
In the matter of Bennett v. Southern Pacific, The Matter of Bennett v. Collins, Tarrant v. Bennett, Contra Costa County v. Chevron, Fang v. Bennett, Caldwell v. BART, Defendant EBMUD, Bennett v. Seeno, Charter Collections v Authentic Technologies, Joseph Lynch v. Contra Costa County (sealed), The People v. Scott Edgar Dyleski, The People v. Scott Peterson,
Santa Fe Southern Pacific. :
Bennett v. Southern Pacific,
Bennett v. Collins,
Tarrant v. Bennett,
Contra Costa County v. Chevron,
Fang v. Bennett,
Caldwell v. BART,
Defendant EBMUD,
Bennett v. Seeno,
Charter Collections v Authentic Technologies,
Joseph Lynch v. Contra Costa County (sealed),
The People v. Scott Edgar Dyleski,
The People v. Scott Peterson,
04/12/2007
PETITIONERS DEC OF CONTESTED ISSUES FILED
Not Applicable
02/20/2007
F/L SPECIAL SET HEARING WAS SET FOR 2/20/07 AT 8:30 UPDATED TO 8:31 IN DEPT. 17
02/20/2007 8:31 AM DEPT. 17
F/L SPECIAL SET HEARING ON: MOD CC,VISIT,OST(APPROVED) - Minutes
COMPLETED
02/20/2007 8:30 AM DEPT. 17
F/L SPECIAL SET HEARING ON: MODIFY VISITATION (OST) TEMP DENIED - Minutes
COMPLETED
02/14/2007
F/L SPECIAL SET HEARING WAS SET FOR 2/20/07 AT 8:30 IN DEPT. 17
02/14/2007
OSC (CUSTODY AND/OR VISITATION RE: MOD CC,VISIT,RELATED ISSUES FILED BY PETER CARVER BENNETT
Not Applicable
02/14/2007
APPLICATION FOR WAIVER OF COURT FEES AND COSTS FILED BY PETER CARVER BENNETT
02/14/2007
ORDER FILED ON WAIVER OF FEES AS TO PETER CARVER BENNETT IS GRANTED
GRANTED
02/02/2007
PROOF OF PERSONAL SERVICE OF OSC; BLANK RESP; UCCJEA; BLANK UCCJEA ON PETER CARVER BENNETT FILED. SERVED ON 02/02/07
Not Applicable
02/02/2007
DECLARATION UNDER UNIFORM CHILD CUSTODY JURISDICTION ACT FILED BY PAULA LYNN TARRANT
Not Applicable
02/01/2007
F/L SPECIAL SET HEARING WAS SET FOR 2/20/07 AT 8:30 IN DEPT. 17
02/01/2007
OSC (CUSTODY AND/OR VISITATION RE: MODIFY VISITATION (OST) TEMP DENIED FILED BY PAULA LYNN TARRANT
Not Applicable
02/01/2007
(F/L) FEE COLLECTED FOR EXPARTE ORDER SHORTENING TIME FOR HRG & SVC
Not Applicable
02/01/2007
RESPONSIVE DECLARATION OF PETER CARVER BENNETT TO OSC OR NOTICE OF MOTION FIELD; HEARING SCHEDULED FOR 02/20/07 AT 08:30 IN 17
Not Applicable
01/31/2007
ORDER FILED ON WAIVER OF FEES AS TO PAULA LYNN TARRANT IS GRANTED
GRANTED
01/31/2007
APPLICATION FOR WAIVER OF COURT FEES AND COSTS FILED BY PAULA LYNN TARRANT
