Jeffrey S. McCormick (born October 30, 1961) is an American businessman, and an Independent candidate for governor in the 2014 Massachusetts gubernatorial election.
In 1993, McCormick founded Saturn Partners, formerly Saturn Asset Management, a Boston based venture capital firm that focuses on financing earlystage 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 led the Orangemen to defeat 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. In a campaign speech Jeff McCormick said he grew up “in a modest home in a blue collar neighborhood… We had a room for cooking, a room for playing games, a room for doing homework, and one for cutting hair. We called it our kitchen.” 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.
McCormick was an AllAmerican 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 AllAmerican defenseman from West Genesee High School in 1979.
In 1993, McCormick founded Saturn Asset Management, later changed to Saturn Partners, a venture capital firm in Boston. Saturn Partners helped finance and grow earlystage 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, ecommerce, internet marketing software, and biotechnology.
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.
In October of 2013, McCormick filed papers to run for Governor of Massachusetts, as an independent. In a press release, McCormick said “an independent, solutions oriented governor could bring a new spirit to Beacon Hill, and help make Massachusetts the leading state for opportunity and quality of life.” McCormick concluded, “We can no longer sit on the sidelines and hope the answer will come solely from politicians of either party. We have to bet on ourselves, and become part of the solution.”
A Boston resident, McCormick and his wife, Christine, have three children. He has been cochair 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 atrisk youth. He is a ViceChair of the CitiCenter for Performing Arts and an Overseer of the Isabella Stewart Gardner Museum. McCormick is a four time DanaFarber Marathoner.