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Matthew Magan
President; Family Office Investor
Matthew Magan is a prominent business leader and co-founder of Ten Oaks Group, a private equity firm based in Charlotte, North Carolina. Established in 2020 alongside Mike Hahn, Ten Oaks Group specializes in corporate divestitures, providing a flexible approach to acquiring and transforming non-core business assets into thriving standalone entities.125
Professional Background
- Education: Magan holds a Bachelor of Science in Finance from the University of Maryland and an MBA from the Wharton School at the University of Pennsylvania.13
- Career Path: Before founding Ten Oaks Group, he served as a principal at Summit Park, a Charlotte-based private investment firm. He began his career as an investment banking analyst at Wachovia Securities, where he developed his skills in executing efficient transactions and identifying investment opportunities.134
Ten Oaks Group
At Ten Oaks Group, Magan oversees the firm's investing operations, which are crucial to its strategy of corporate carve-outs. The firm has successfully completed numerous transactions across various sectors and countries. Under his leadership, Ten Oaks has built a reputation for its investment acumen and ability to revitalize struggling companies.15
Philanthropic Efforts
In addition to his investment activities, Magan is deeply committed to philanthropy. He co-founded the Ten Oaks Philanthropic Fund, which aims to enhance education, career development, and entrepreneurship for families in need within the Charlotte community. This initiative reflects his dedication to improving quality of life and fostering economic mobility for under-resourced families.156
Personal Life
Magan resides in Charlotte with his wife Elizabeth and their three children. His commitment to family and community is evident in both his professional endeavors and philanthropic initiatives.35