Lawrence Goldfarb

About Lawrence Goldfarb

Lawrence R. Goldfarb (born November 21, 1958 in Queens, New York City, NY) is a former American hedge fund manager, CEO and founding partner of the LRG Capital Group, current Executive Director of The Lawrence Goldfarb Judicial Reform Foundation and former co-founder and board member of AutismAid.

Education

Goldfarb grew up in the New York City boroughs outside Manhattan and attended Forest Hills High School. Following high school he attended George Washington University and earned a B.A. in International Economics, and graduated in 1981. In 1984, Goldfarb graduated Juris Doctor degree from Georgetown University Law School as cum laude and wrote for the Georgetown Law Journal.

Career

Goldfarb began his career as a tax attorney for Milbank, Tweed, Hadley & McCloy and subsequently became a tax analyst with Skadden, Arps, Slate, Meagher & Flom, where he specialized in financings, mergers and recapitalizations. Afterwards, Goldfarb moved to San Francisco, California and joined Credit Suisse First Boston Corporation as a Partner and Director of the Mergers and Acquisitions Group. In 1998 he formed BayStar Capital Management, LLC, a vehicle in which he could fund growth oriented, small capitalization, and publicly traded companies. Through Baystar, Goldfarb funded and invested in a variety of companies such as World Online & XM Satellite Radio. Goldfarb was well known for being one of the most foremost investors and experts in Private investment in public equity, also known as PIPEs. In 2005, he founded LRG Capital Group in Larkspur, California where he served as CEO until July 2011 when he announced his retirement from active management of the company to focus on philanthropic activities. Goldfarb currently serves as a board member and West Coast Director of AutismAid, an organization dedicated to assisting and fundraising for other autism non-profit organizations.

Personal Life

Goldfarb has dedicated his philanthropy to autism and diabetes. In 2010, Goldfarb was awarded The American Diabetes Association's Father of the Year Award. Additionally, he has served on the boards of various non-profits & organizations. In 2014 Goldfarb plead guilty to one count of wire relating to one of the hedge funds he managed. He served 10 months in prison. He also entered into a consent decree with the Securities and Exchange Commission to not be involved in the financial markets for 5 years. His trading licenses and privileges have now all been reinstated.

Since his release from prison he has written two books, lived in Spain, learned Spanish, and keeps busy studying jazz piano and working with various autism charities.