
#004 Former Assistant Treasury Secretary Gerry Parsky on Lessons from the 70s and Parallels to Now
The Julia La Roche Show
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The Importance of Giving Back to a Society
I wanted to be involved in something nonprofit, where I could say I was giving back to a society that had been very good to me. And the work that I did was as much a guide to those investing capital as it was legal draftsmanship. That activity in higher education was very important to me throughout the career. But I decided in 1990 that rather than be a lawyer looking at the movement of capital, there's a way in which private equity was taking holdThat I believed in acquiring and growing companies. He helped found Aurora Capital Partners as a middle market private equity firm.
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