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名人堂47号——肯尼斯·阿布拉莫维茨

肯尼斯•阿布拉莫维茨(Kenneth Abramowitz)表示,自上世纪八九十年代他在桑福德•伯恩斯坦公司(Sanford C. Bernstein & Co.)担任明星分析师的全盛时期以来,他的工作节奏放慢了一些,但没有多少人会同意这一点或许,除了那些认为在德国和美国管理一个由10名全职投资专业人士组成的风险投资基金比卖方研究员要求更低的人。但阿布拉莫维茨一直都很忙。阿布拉莫维茨在1976年获得哈佛商学院MBA学位时,学习了预测高科技发展的课程,必须选择一种新技术进行分析。他之所以选择计算机断层扫描扫描仪,是因为他投资了5000美元——当时是他净资产的50%——在一家CT扫描仪制造商。他说:“我做这件事很开心,我想这一定是一项职业。”从那以后,他又转到了伯恩斯坦公司,并于次年加入了这家公司。在1980年,他首次在美国所有研究小组在1号医院供应(第一个15倍他超过一个卫生保健部门的总出场37到1999年),阿布拉莫维茨对机构投资者说:“我不是超人,但我的生活是医学领域。亚博赞助欧冠对我来说,工作和娱乐没有区别。”那年早些时候,阿布拉莫维茨从刘易斯·桑德斯手中接管了这个行业,后者被提升为伯恩斯坦公司的研究主管。 Clients were immediately impressed. “They’re the best reports in the investment field — sort of masterpieces,” said one. At that time, Abramowitz had plans to cover hospital management and had just finished five months’ work on a report that involved 50 company and laboratory visits (he expanded his coverage and would go on to rank in Hospital Management too, reaching No. 1 in 1986); that set a pace which would continue throughout his career. “I wrote 500 pages a year for 20 years,” he recalls. Admirers noted the volume of those reports, such as a 200-pager published in 1985, “The Future of Health Care Delivery in America.” According to one investor, “he simply works harder and talks to more people in the industry than anyone else.” That didn’t stop the firm from showing him — and 14 other analysts — the door when Bernstein was sold to Alliance Capital in 2000. Abramowitz, then 50, decided it was time to hang up his analysts’ cleats. “You have to have a big fire in your belly to succeed as a sell-side analyst,” he says. “It’s a job for younger people.”

阿布拉莫维茨在凯雷集团(Carlyle Group)工作了3年,从上市公司转向了私人股本公司。他发现需要在早期和后期的风险投资之间建立一个中间基金,但公司认为这对他们来说是一个太小的机会。第二天,这位刚刚孵化的企业家创办了NGN Capital;在18个月的时间里,他和他的联合创始人筹集了2.5亿美元,并开始运营。

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