Paul Hobby

Paul William Hobby (born September 10, 1960) is a founding partner and managing director of Genesis Park, a Houston-based private equity firm, that he co-founded in 1999. Genesis Park invests in IT/software, telecommunications, healthcare, financial services, energy and transportation and logistics.
Early Years
Born in Houston, he is the son of former Texas Lieutenant Governor William P. Hobby Jr. and book editor of the Houston Post, Diana Hobby. He is the grandson of William P. Hobby Sr. and Oveta Culp Hobby. He attended the in Houston. He graduated from the University of Virginia with a BA in History in 1982 and from the University of Texas School of Law with a JD in 1985.
Career
Hobby started his career with Fulbright & Jaworski and subsequently was appointed an Assistant United States Attorney for the Southern District of Texas in 1989, where he prosecuted criminal offenses including financial fraud, public corruption, violent crime and narcotics violations. While on leave from the United States Department of Justice, he served as Chief of Staff for Texas Lieutenant Governor Bob Bullock in 1991. He then executed a media software roll up, serving as Executive Chairman of the Board for Columbine JDS Systems from 1993 to 1997. After selling Columbine JDS to Big Flower Press, Hobby ran for Texas Comptroller of Public Accounts in 1998. After winning the Democratic nomination, he lost the general election with 49% of the vote compared with Republican Carole Keeton Rylander’s 49.5%.
In late 1999, he co-founded Genesis Park, a regional private equity firm. He served as Chairman of the Board of CapRock Communications from 2002 to 2007, as Chairman and CEO of Alpheus Communications from 2004 to 2011 and as Chairman and CEO of Texas Monthly from 2016 to 2019. He has served on public company boards: specifically NRG (NYSE:NRG), a merchant energy company with retail operations, Amegy Bank of Texas until its sale to Zions Bank in 2005, Stewart Title (NYSE:STC), Aronex Pharmaceuticals until its sale to Antigenics in 2001, FloTek (NYSE:FTK) 2019- present, and EGL Logistics until its sale to Apollo Management in 2007.
Public Service
He is former Chairman of the Texas Ethics Commission, the Greater Houston Partnership, the Houston Branch of the Federal Reserve Bank of Dallas, the Texas General Services Commission and the Texas Business Hall of Fame. He has served on the Board of Trustees of Baylor College of Medicine since 2005. Hobby served as a board member of Hermann Hospital, , Greater Houston Community Foundation, Covenant House Texas, Greater Harris County 911 Emergency Network, Texas Exes and University of Texas Law School Foundation. He was also a founding member of the University of Virginia Arts & Sciences Foundation.
Awards and Recognition
Honoree, Outstanding Young Texas Ex
Houston AAF Trailblazer Award

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