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In A Good Place: Perry Steiner, WG'93
By Juliana Delany
"Reconnecting with old friends," says Perry Steiner without
hesitation, when asked to name the best thing about his
tenth-year reunion. "People came back from all over the
world. I stay in touch with a small number of close Wharton
friends on a regular basis, but this was a chance to see lots
of others."
Steiner made it a point to attend the reunion despite the
demands of a busy life in Washington, DC. He is married to
Leslie Morgan Steiner, WG'92 (who was unable to attend her
husband's reunion because of a high school reunion she was
hosting on the same weekend.) The couple, who met after
they left Wharton and were both working at an ad agency, live
in Georgetown with their three children, Max, 6; Morgan, 4;
and Tallie, 1. Both have high-profile jobs - Perry as a fund
manager at Arlington Capital Partners, and Leslie as general
manager of the Washington Post Sunday magazine section.
"Spare time? There isn't much, and what we do have is kid
time - tee-ball, soccer, dance, and art classes," he says.
For the past ten years, Steiner has worked almost
exclusively in private equity, except for what he describes as
a "wild Internet ride" that began in 1998, when he became
president of Digital River, a Minneapolis Internet company.
"I was about six months ahead of the curve, and people
thought I was crazy," he remembers. "Then, everything took
off, including Digital River. When the tech bubble burst, most
companies came crashing down, but Digital River was, and
still is, very well run. I'm still on the Board of Directors."
Today, Steiner works as a partner in a middle market
buyout fund whose clients include media, information
technology, aerospace, and defense companies. "I have
the best of both worlds - banking and management," he
explains. In his career as well as his family life, Steiner is
in a very good place.
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