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Neil S. Hirsch | |
|---|---|
 Hirsch in February 2005 | |
| Born | (1947-06-07)June 7, 1947 St. Louis, Missouri |
| Died | June 24, 2021(2021-06-24) (aged 74) Wellington, Florida |
| Occupation | Entrepreneur |
| Spouse | |
| Parent(s) | Harold Hirsch, Ida Bell Hirsch |
| Relatives | Emmett Shear |
Neil S. Hirsch (June 7, 1947 – June 24, 2021) was an American businessman, entrepreneur and philanthropist. He was the founder ofTelerate, a pioneering global financial communications network, as well asLoanet, a securities-tracking firm.
Hirsch was a prominent figure in the equestrian world, owning theBlack Watch Polo Team and co-founding the Bridgehampton Polo Club.
At the age of 21, Hirsch dropped out of theUniversity of Bridgeport to pursue his entrepreneurial ambitions. In 1969, Hirsch foundedTelerate, a global communications network that provided real-time financial information to institutions worldwide.[1] Under Hirsch's leadership as president and chief executive,Telerate became a crucial platform in the financial services industry.[2] By 1990, the company was sold toDow Jones & Company for over $1.5 billion, marking one of the most successful business deals of its time.[1]
Hirsch later foundedLoanet, a firm that specialized in securities-tracking, and served as its chairman.[3] Loanet had become a dominant player in the US securities lending market by the time Hirsch sold to SunGard Data Systems in 2001,[4] bolstering Hirsch’s reputation as an innovator in financial technology.
In December 2013, Hirsch expanded his business portfolio by purchasingBackstage magazine andSonicbids, companies that served the entertainment and music industries. Hirsch's RZ Capital sold its share of these ventures in 2018.
In 1973, he marriedCaroline Hirsch. In 1981, the couple acquiredCarolines on Broadway, a former New York comedy club. After a 14-year union, they separated and divorced in 1988.[5]
In 1999, Hirsch purchased the Player's Club Restaurant inWellington, Florida.[6]
In 1995, Hirsch co-founded theBridgehampton Polo Club with his childhood friendPeter M. Brant.[7][8] The club quickly attracted top players.[9] Hirsch served as its president for many years, until he sold his share to Peter Brant in 2011.[citation needed]
Hirsch also founded theBlack Watch Polo Team, which became notable for star players such asNacho Figueras,Facundo Pieres andMariano Aguirre.[10]Ralph Lauren became the team's corporate sponsor in 2007, following Figueras' role as the face of Ralph Lauren's Black Label clothing line and the Polo Black fragrance line.[11]
Hirsch's impact on polo, particularly in Bridgehampton and Wellington, helped elevate the sport’s visibility in the U.S. Hirsch was also an advocate for anti-doping legislation in equestrian sports.[12]
Hirsch was a notable philanthropist recognized for his significant contributions to the Wellington community. In 2012, Hirsch donated $1.5 million to help build the village's Neil S. Hirsch Family Boys & Girls Club.[13]