Michael J. Sacks is chairman and chief executive officer of Chicago-based Grosvenor Capital Management. Grosvenor is a leader in the alternative investment industry, specializing in the management of multimanager investment portfolios. Grosvenor currently manages over $23 billion for a globally diverse client base.
Sacks joined Grosvenor in 1990, and was named managing partner in 1994. He led the growth and development of the firm from its position as an early participant in a cottage industry to its current position as a leader in the global alternative investment arena. Prior to joining Grosvenor, Sacks spent two years at Harris Associates.
A native of Chicago, Sacks received a bachelor's degree in economics from Tulane University in 1984, a general course certificate from the London School of Economics for work completed in the 1982-1983 academic year and an MBA from the J.L. Kellogg Graduate School of Management at Northwestern University in 1988. He is a member of the Illinois Bar.
In addition to his work at Grosvenor, Sacks is active in various philanthropic and community activities. Notably, he serves as vice chairman of the World Business Chicago board of directors alongside the mayor of Chicago. World Business Chicago focuses on promoting and attracting business as well as the city's broader economic agenda.
Sacks and his wife, Cari, have two sons and a daughter.
