Elliott Broidy
| Elliott Broidy | |
|---|---|
| Born | 1956/1957 (age 59–60) |
| Residence | Bel Air, Los Angeles, California |
| Education | University of Southern California |
| Occupation | Venture capitalist, philanthropist |
| Political party | Republican Party |
| Spouse(s) | Robin Rosenzweig |
| Children | Rachel Broidy Lauren Broidy Nathaniel Broidy |
| Parent(s) | Sherman G. Broidy Dorothy Horowitz |
Elliott Broidy (born 1956/1957) is an American venture capitalist, Republican fundraiser, and philanthropist.
Broidy is the son of Sherman G. Broidy (1924-2014), an educator and property developer, and Dorothy Horowitz.
Broidy graduated from the University of Southern California, where he received a Bachelor of Science degree in Accounting and Finance. He is a Certified Public Accountant (CPA).
Broidy started his career in finance at Arthur Andersen. He was Managing Director at Bell Enterprises from 1982 to 1991. In 1991, he founded Broidy Capital Management, an investment firm. He then served as its Chairman and Chief Executive Officer.
Broidy served as Chairman of ESI Holdings, an event management firm. Additionally, he served on the Boards of Directors of the Foley Timber and Land Company, and Vantis Capital Management. He served as Commissioner and Chairman of the Alternative Investment Committee of the Los Angeles City Fire and Police Pension Fund from 2002 to 2009. He served on the Board Governors of the California-Israel Chamber of Commerce.
In 2006, he was appointed by Secretary Michael Chertoff to the Homeland Security Advisory Council as well as the Terrorism Task Force and New Technology Task Force. In the same year, President George W. Bush appointed him to the Board of Trustees of the John F. Kennedy Center for the Performing Arts.
In 2002, Broidy founded Markstone Capital, a private equity firm which invested in companies in Israel. The lead investor was the New York State Common Pension Fund. In 2009, Broidy entered a guilty plea to a single felony count of attempting to provide excess gratuity to former New York State Comptroller Alan Hevesi, but the charge was later reduced to a misdemeanor. Although the New York State Common Retirement Fund was not harmed by Mr. Broidy’s actions, Mr. Broidy paid $18 million in restitution of management fees paid by the New York State Retirement Fund to Markstone. Rob Eshman, the editor of The Jewish Journal of Greater Los Angeles, who published a scathing attack on Broidy after he entered his original plea, later publicly praised Broidy for taking full responsibility for his actions.
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