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Richard D. Segal
American investor and philanthropist
Richard D. Segal is an American investor and philanthropist who currently serves as a Managing Partner at Gem Island Ventures.23 He has a long and distinguished career in investment and venture capital, with significant experience in both for-profit and non-profit sectors.
Professional Background
Segal is the founder and former CEO of Rethink Capital Partners.2 He also founded Seavest Investment Group in 1981, where he served as chairman and chief executive officer.1 Under his leadership, Seavest narrowed its focus to healthcare real estate in 2001 and launched a venture arm, Rethink VC, in 2012.1
Throughout his career, Segal has been involved with numerous successful ventures:
- He was chairman of SchoolNet Inc., which was acquired by Pearson for $230 million in 2011.1
- He served on the board of Wireless Generation before its $400 million acquisition by NewsCorp.1
- He was on the board of Smarterer Inc. prior to its acquisition by Pluralsight.1
Currently, Segal serves as chairman of the boards for BEGiN, Civitas Learning, and Cinematic Healthcare Education, Inc.1
Philanthropy and Board Memberships
Segal is deeply involved in philanthropic activities:
- He has been a board trustee of New York-Presbyterian Hospital since 2009.1
- He serves on the boards of the New York Academy of Art and the Whitney Museum of American Art, where he is the treasurer.1
- Segal is the president of the A. L. Mailman Family Foundation, focusing on progressive advocacy and early childhood education.1
- He is the founding chairman emeritus of Publicolor, a non-profit serving challenged New York City Public Schools.1
Personal Life
Richard D. Segal lives in Rye, New York, with his wife, Monica.1 He graduated from Wesleyan University with a BA in English.13 In 2009, Segal received a heart transplant, which led to his son co-founding a non-profit to reform the organ donation system.1