We have been inundated with reader requests to present some more data on just who these suddenly infamous "expert networks" are. Below we present what is arguably the world's largest expert network, the Gerson Lehrman Group, which boasts a roster of over 200,000 expert consultants in its network. Access to GLG is typically confined to ultra high net worth clients, read hedge funds, who can afford to pay hundreds of thousands of dollars per quarter, and comp the company's consultant to the tune of between $250 and $1,000 per hour, which is why so many readers may have never heard of GLG and its comparable companies.
Those who may wish to get access to the same healthcare experts (many of whom may or may not be privy to FDA drug approval milestones, ahem), can do so here: GLG openly lists it entire expert network: link.
Other verticals provided by GLG include:
- Accounting and Financial Analysis
- Consumer Goods and Services
- Energy and Industrials
- Financial and Business Services
- Legal, Economic and Regulatory Affairs (this one will be very closely watched)
- Real Estate
- Tech, Media and Telecom
And that's just the beginning: GLG advertizes over 200,000 "consultants" in its network, and 300 people who are involved in expert recruiting every day.
Below is the ever critical "About Us" Section:
About Gerson Lehrman Group
Intelligently connecting institutions and expertise. Gerson Lehrman Group (GLG) is the global marketplace for expertise. Since 1998, its technology-enabled platform for collaboration and consultation has helped the world's leading institutions find, engage, and manage experts across a broad range of industries and disciplines.
Gerson Lehrman Group Councils are networks of consultants, physicians, scientists, engineers, attorneys, market researchers, and other professionals from around the world. Council Members leverage GLG's sophisticated proprietary systems to categorize their experience and expertise. GLG research professionals use these systems to quickly provide relevant Council Members who can help clients better understand products, services, companies, issues, and industries.
GLG professionals in the United States, Europe, and Asia are continuously expanding the GLG Councils, adding thousands of new Council Members each month. Research professionals around the world recruit in 14 languages.
Focused and Independent
Gerson Lehrman Group focuses exclusively on providing a platform for consultation and collaboration. GLG does not write reports or take published positions, make product recommendations or offer investment advice.
Mark Gerson, Executive Chairman
Mark Gerson is the Executive Chairman of Gerson Lehrman Group (GLG), which he co-founded in 1998. A graduate of Williams College and Yale Law School, Mark is also the author of several books and numerous articles and essays. His work has been published by the Free Press, Addison Wesley and Madison Books, and in newspapers and magazines including The New Republic, Reader's Digest, USA Today and the Wall Street Journal. Mark currently serves on the boards of the American Friends of the IDC, Manhattan Institute, Yale Chai Society, and Imentor.
Mike Bingle joined Silver Lake Partners in 2000. He is a Managing Director and co-head of North America. Mr. Bingle has significant experience in private equity, technology investing, and large-scale mergers and acquisitions. Prior to joining Silver Lake, Mr. Bingle was a principal at Apollo Management, L.P., where he evaluated, executed, and harvested a wide variety of private equity investments. Before Apollo, he worked as an investment banker in the Leveraged Finance Group of Goldman, Sachs & Co. Mr. Bingle currently serves on the corporate boards of Gartner, Inc., IPC Systems, Inc. and The Gerson Lehrman Group. He's also a Term Member of the Council on Foreign Relations and serves on the Board of Visitors for Duke Universitys School of Engineering, as well as the External Advisory Board of McKinsey & Company. Previously Mr. Bingle was a director of Ameritrade Holding Corp., Datek Online Holdings, Inc. and Instinet, Inc. He holds a B.S.E. in Biomedical Engineering from Duke University.
A private investor, Mr. Duff was formerly a Senior Managing Director and a member of the Management Committee at Tiger Management. Prior to joining Tiger in 1989, Mr. Duff worked in asset management at Mitchell Hutchins and Capital Builders Advisory Services. A Certified Public Accountant and a Chartered Financial Analyst, Mr. Duff has a B.S. from Lehigh University and a M.B.A. from the Columbia Graduate School of Business. Among his philanthropic endeavors is participation on the advisory board of the Association to Benefit Children.
John Goldsmith is an investor in early-stage and growth companies. Through the end of 1999 he was a partner of AEA Investors Inc., which he joined in 1989. While at AEA, Mr. Goldsmith was involved in all aspects of the investment management process including identifying, evaluating, negotiating, and financing attractive businesses, and working with their managements to plan and achieve their goals. During this period the AEA team generated net returns to investors of approximately 50% on over one billion dollars of equity. Mr. Goldsmith is a CPA (inactive), received an MBA in finance from NYU's Stern School of Business and graduated from Princeton University.
Lewis E. Lehrman
Lewis E. Lehrman, co-founder of the Gilder Lehrman Institute of American History, is a partner in L.E. Lehrman & Co. A former candidate for governor of New York, he has been a trustee of the American Enterprise Institute, the Morgan Library, and the Heritage Foundation. He is former Chairman of the Committee on Humanities of the Yale University Council and served as Visiting Lecturer in American History at Gettysburg College.
Thomas D. Lehrman
Thomas D. Lehrman most recently served as the Director of the Office of WMD Terrorism at the U.S. Department of State and previously as a member of the professional staff on the Presidents WMD Commission. He is a co-founder and former co-Chief Executive Officer of Gerson Lehrman Group and earlier in his career worked as a financial analyst at Tiger Management. He is also co-founder and board member of the Brooklyn Excelsior Charter School and the Hillhouse Scholars Program. Mr. Lehrman is a Chartered Financial Analyst and graduated from Duke University and from Yale Law School.
Doug Mack was named CEO of One Kings Lane in 2010 and was previously CEO and co-founder of Scene7, the leading rich media platform provider for the e-commerce industry. As CEO, Mack attracted numerous investors and completed the successful sale of Scene7 to Adobe Systems in May 2007. Mack then joined the executive team at Adobe where his most recent role was vice president and general manager of digital imaging and dynamic media. In this role, he provided leadership over flagship properties such as Adobe Photoshop® and Adobe Flash Media®. Mack was also a consultant with McKinsey & Company and began his career with General Electric.
Mr. Nicoll is the former CEO of Instinet and Datek and the former President of Waterhouse Securities. Mr. Nicoll is the first person in the modern era to have graduated Yale Law School without having gone to college. He is a Trustee of the Institute for Advanced Studies in Princeton, New Jersey.
Mr. Patterson joined Silver Lake Partners in 2005 and is a Director. Prior to joining Silver Lake, he worked at General Atlantic Partners and at GF-X, provider of the leading air cargo distribution system, where he was a member of the founding management team and held the roles of Senior Vice President Asia Pacific and Product Development Director. Prior to GF-X, he was a Managing Director of BMC, a subsidiary of the Financial Times newspaper, and a management consultant at McKinsey & Company. He serves on the boards of Skype and Gerson Lehrman Group, Inc., and is the Chairman of the Prince's Trust Internet and Media Leadership Group. Mr. Patterson holds an M.A. from King's College, Cambridge University and an M.B.A. from the Stanford University Graduate School of Business, where he was an Arjay Miller Scholar and was presented with the Alexander Robichek Award for Achievement in Finance.
Alexander Saint-Amand is Chief Executive Officer at Gerson Lehrman Group (GLG). Before joining GLG at its inception, he worked for Bloomberg LP in New York and Frankfurt. Alexander is a graduate of the University of Virginia.
Rob Stavis is a General Partner in Bessemer Venture Partner's Larchmont, New York office. He primarily focuses on early-stage investments in financial services and in emerging software technologies. Mr. Stavis is currently involved with Gerson Lehrman Group, Portrait Software (formerly AIT Group, LSE-AIM: PST), Zopa, Revver, Pure Networks, and Quadriserv. His exited investments include SiteAdvisor (acquired by McAfee), PRE Solutions (acquired by Incomm), LifeHarbor (acquired by Vestmark) and Skype Technologies (purchased by E-bay in 2005), where Mr. Stavis led the A round. Prior to joining Bessemer, Mr. Stavis was a private equity investor, managing a portfolio of interests in a variety of industries including telecommunications, software, technology, gaming, and restaurants. Until July of 1998, he was the co-head of global arbitrage trading for Salomon Smith Barney. Mr. Stavis served as a member of the firm's operating committee, risk management committee, and the control and compliance committee. He has published numerous articles on derivatives pricing and risk management. Mr. Stavis holds degrees from the Engineering School of the University of Pennsylvania and the Wharton School of Management.