Jeremy Isaacs

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Jeremy Isaacs, Source: JRJ Group

Jeremy Isaacs CBE is the founding partner of private equity investment firm JRJ Group and a former senior executive of the Lehman Brothers bank.

He was made a CBE in the Queens Birthday Honours List in 2015 'his work with Imperial College NHS Trust in London'[1] - a role which according to Private Eye is only 'a minor job'.[2]

Career

Isaacs held a number of positions at Lehman Brothers bank, including CEO Europe and Middle East and CEO Asia-Pacific. During his time at the bank, with Roger Nagioff, he was 'instrumental in the development of Lehman Brothers' international operations.[3] Isaacs was named in the 2010 official report into the collapse of the bank. 'The report cites emails showing how Isaacs pretended things were ok even as the black hole was growing'. An example of this is in August 2008, when Lehman was in secret talks to sell 50 percent of its shares to Korean financiers in order to keep afloat, Ian Lowitt, the chief financial officer, contacted Isaacs about his worries over the deal but received the message 'Fingers crossed. Things usually work out for the best!' - the sale failed. According to Private Eye, Isaacs left Lehman a week before it collapsed and authorised a $5 million pay off for himself.[2]

Prior to joining the Lehman Brothers, Isaacs led the European equity derivatives trading business of Goldman Sachs.[3]

In 2008 Isaacs founded private equity investment firm JRJ Group with three other former Lehman executives, Peter Sugarman, Roger Nagioff and Joanna Nader.[4] At JRJ he 'is closely involved with the implementation and guidance of fund strategy'.[3]

Donor

Isaacs is a member of The Leader's Group, the premier Conservative Party supporter group. Through an annual membership fee of £50,000 donors are able to secure access to leading members of the party.

Political donations

[5]

Date Name of donor Amount Donated to Subsidiary (parties only)
16/06/2006 Jeremy M Isaacs £50,000.00 Conservative Party Central Party
09/03/2007 Jeremy M Isaacs £20,000.00 Conservative Party Central Party
13/12/2007 Jeremy M Isaacs £25,000.00 Conservative Party Central Party
01/02/2010 Jeremy Isaacs £50,000.00 Conservative Party Central Party
23/09/2010 Jeremy Isaacs £50,000.00 Conservative Party Central Party
10/08/2011 Jeremy Isaacs £3,000.00 Michael Gove MP
27/03/2012 Jeremy M Isaacs £50,000.00 Conservative Party Central Party
27/06/2013 Jeremy M Isaacs £50,000.00 Conservative Party Central Party
28/04/2016 Jeremy Isaacs £25,000.00 Britain Stronger in Europe

Affiliations

Notes

  1. Adam Lusher Queen's Birthday Honours: Sir Henry Angest, banker who gave Tories millions, is knighted in reward for 'political service' Independent, 12 June 2015, accessed 1 July 2015.
  2. 2.0 2.1 Private Eye Tory wealth bombers get their rewards, accessed 1 July 2015.
  3. 3.0 3.1 3.2 3.3 JRJ Group Jeremy Isaacs, accessed 1 July 2015.
  4. Lucy Tobin Jeremy Isaacs tells of his sadness over Lehman Evening Standard, 22 March 2011, accessed 1 July 2015.
  5. Electoral Commission Search: Jeremy Isaacs, accessed 1 July 2015.