City Parks by Catie Marron5/19/2023 ![]() ![]() He’s known as much for his business acumen as he is for being one of America’s most prolific private art collectors. Earlier, he was CEO of PaineWebber for 20 years until its merger with the Swiss-based UBS. He founded the firm after retiring two years ago as chairman of UBS America, one of the world’s biggest wealth managers. ![]() The latest of those accomplishments is the money he’s raised at Lightyear, a highly successful private equity firm that oversees more than $2 billion. Marron possesses the sort of modesty about his accomplishments that doesn’t seem forced. But then, as far as anyone can remember, he’s always been a creative force – back in his days in the city’s public-school system, back at the City University of New York, back in his Wall Street days when he headed various securities companies, back when he founded Data Resources, a nongovernmental source of economic data. Marron probably doesn’t give much thought to where that energy comes from. “I don’t much think about the energy involved – I just try and do things.”Īt 6 feet 6 inches, the health-conscious Mr. ![]() Marron, chairman and CEO of Lightyear Capital, said. “If you’re enthusiastic about something, you find the time to do it,” Mr. His response is delivered with a smile that comes from his eyes as much as from the rest of his face. ![]() Donald Marron is so ubiquitous in New York City that it isn’t unreasonable to ask how he does it. ![]()
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