Lewis A. "Lee" Sachs is a United States banker who was Assistant Secretary of the Treasury for Financial Markets from 1999 to 2001.[1]
Lee Sachs | |
|---|---|
 | |
| Assistant Secretary of the Treasury for Financial Markets | |
| In office 1999–2001 | |
| President | Bill Clinton |
| Preceded by | Gary Gensler |
| Succeeded by | Richard S. Carnell |
| Personal details | |
| Born | 1963 (age 60–61) |
| Education | Denison University (BA) |
Biography
editLee Sachs was raised in Short Hills, New Jersey, and educated at Denison University, receiving a B.A. in Economics and Political Science in 1985.[2]
Sachs worked at Bear Stearns from 1985 to 1998, becoming a senior managing director in 1991 and later head of Global Capital Markets, and a member of the board of directors.[3]
Sachs joined the United States Department of the Treasury in 1998 as deputy assistant secretary for Government Financial Policy, a senior advisor to United States Secretary of the Treasury Robert Rubin and chairman of the steering committee of the President's Working Group on Financial Markets.[1] President of the United States Bill Clinton nominated Sachs to be Assistant Secretary of the Treasury for Financial Markets in 1999, and Sachs subsequently held that office until 2001.[1]
Upon leaving government service, Sachs became vice chairman of Perseus, LLC, holding that position until 2003.[1] He was then the chief executive officer of Cornerstone Asset Management from 2003 to 2005.[1] He then joined Mariner Investment Group as chairman of the firm's investment committee.[1]
Sachs is now co-founder and managing director of Gallatin Point Capital.[4]