Jeffrey S. McCormick (born October 30, 1961) is an American businessman and an Independent candidate for governor in the Massachusetts gubernatorial election, 2014. In 1993, McCormick founded Saturn Partners, formerly Saturn Asset Management, a Boston based venture capital firm that focuses on financing early-stage growth companies. Some of Saturn’s successful investments include Constant Contact, Boston Duck Tours, and Twin Rivers Technologies. McCormick was an All American lacrosse player while studying at Syracuse University. Elected captain during his senior season, he was part of the Orangemen team which defeated Johns Hopkins University in the 1983 NCAA Division I Men's Lacrosse Championship. Early Life and Education McCormick was born in Harrisburg, Pennsylvania, to Leneta (nee Lippert) and James McCormick. McCormick grew up “in a modest home in a blue collar neighborhood.” He is the third of four siblings. McCormick graduated from Syracuse University with a BS in Biology (1983), studied molecular genetics for two years, and received an MBA in Finance (1986) from the Martin J. Whitman School of Management at Syracuse University. Lacrosse Career McCormick was an All-American lacrosse player at Syracuse University. As a senior, McCormick, the team captain, helped lead the Syracuse Orangemen to win the 1983 NCAA Division I Men's Lacrosse Championship. Prior to Syracuse, McCormick was a New York state section III All-American defenseman from West Genesee High School in 1979. In 2012, McCormick was awarded the LetterWinner of Distinction from Syracuse University, honoring his athletic and academic accomplishments. In September of 2013, McCormick was inducted into the Upstate NY Chapter of the U.S. Lacrosse Hall of Fame. McCormick served as Executive Producer for Crooked Arrows, a film about a Native American lacrosse team in Upstate New York. The Boston Herald cited that the film "missed the mark" much due to the film's poor box office ratings. Professional Career In 1993, McCormick founded Saturn Asset Management, later changed to Saturn Partners, a venture capital firm in Boston. Saturn Partners helped finance and grow early-stage innovative companies with groundbreaking technologies. McCormick was the first major investor in some of the country’s largest companies in diverse industries such as biofuels, e-commerce, internet marketing software, and biotechnology. Since founding in 1993, "Saturn has invested a total of $160 million and returned $1.1 billion." Boston Business Journal cited Saturn Partners mere investment mistake was in Moobella, a Taunton company that produces make-your-own ice cream machines. Saturn Partners is about 50 percent invested in biotech companies. Prior to founding Saturn, McCormick was with Bariston Associates, Inc., a Boston firm that originated and managed investments for individual and institutional clients, predominantly in telecommunications. At Bariston, he was an acquisition and syndication specialist. Gubernatorial Election In October of 2013, McCormick filed papers to run for Governor of Massachusetts, as an independent. McCormick was endorsed by well-known political consultants Todd Domke and Dan Payne. Furthermore, Republican Gabriel Gomez donated to McCormick's campaign, though did not formally endorse McCormick. Massachusetts journalists have thus far dismissed the chances for a third party candidate to win. David Bernstein, of Boston Magazine writes: "Jeffrey McCormick could be a different story. Way too early to tell, but worth keeping an eye on.....Now, let’s be clear: Barring something freakish, he’s not going to actually win. The major party nominees are both going to be serious, qualified, skilled politicians without major flaws, and that’s not a recipe for a third-party success." Personal Life A Boston resident, McCormick and his wife, Christine, have three children. He has been co-chair of Bostonians for Youth and is a founding board member and lead sponsor of the Sean McDonough Charity for Children; both serving the needs of at-risk youth. He is a Vice-Chair of the CitiCenter for Performing Arts and an Overseer of the Isabella Stewart Gardner Museum.
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