Adam Blumenthal

Career In 1989, Blumenthal joined American Capital, a private equity firm where he was the second employee before the firm began institutional fundraising. By the time he left the firm in 2002, American Capital was managing more than $1 billion in assets and was publicly traded on NASDAQ. After leaving American Capital in 2002, Blumenthal became chief financial officer (CFO) at the New York City Comptroller's office. He succeeded Jane Levine in managing the city's pension funds as First Deputy Comptroller and CFO at the NY Comptroller's office under Bill Thompson until 2005. He also serves on the board of directors of several Blue Wolf portfolio companies.

Blumenthal received the 2017 Civic Champion Award from the nonprofit New York City-based magazine City Limits for his work to "preserve union workplaces and promote economic development".

In October 2019, Blumenthal conceived of the term "polarization tax" to describe the burden businesses now face amidst challenging political and economic environments, which contrasts with the benefits of the peace dividend in the 1990s.

Other boards and philanthropy From 2004 to 2007, Blumenthal served on the Yale School of Management's Board of Advisors, In 2009, he was named a Donaldson Fellow at Yale School of Management. He was a trustee and chairman of the investment committee of the United Auto Workers VEBA from 2011 through 2017.

Blumenthal has helped fund the Adam Blumenthal Fellowship, "a research fellowship to encourage studies of broad-based employee stock ownership and profit sharing in the United States", at the Rutgers University School of Management and Labor Relations.