Larry Grafstein
Larry Grafstein is an American investment banker and advisor on mergers and acquisitions. Grafstein has served as the deputy chairman of RBC Capital Markets since 2018.
Early life and education
Larry Grafstein is the son of Jerry Grafstein, a former Canadian senator and lawyer, and Carole Grafstein, a member of the Order of Canada. He matriculated from Upper Canada College and graduated from Harvard University with Bachelor of Arts in 1982 where he was Executive Editor of The Harvard Crimson. He received his Masters in Philosophy from University of Oxford at Balliol, where he was a Rhodes Scholar and president of the Oxford Union. He received his Juris Doctor from the University of Toronto Faculty of Law in 1988.Career
Grafstein began his Wall Street career at Wasserstein Perella & Co. in 1990. In 2001, he became the managing director and co-head of technology, media and telecommunications at the investment bank, Lazard Ltd. In March 2009, Grafstein helped lead the group that bought The New Republic magazine, together with its longtime editor Martin Peretz, from CanWest Communications. He also chaired the Advisory Board of The New Republic until the sale of the publication to Facebook co-founder, Chris Hughes in 2012.In 2009, Grafstein joined Rothschild & Co. in New York as a managing director and co-head of mergers and acquisitions. In September 2012, he joined UBS Group AG as co-head of M&A in the Americas. Since September 2018, Grafstein has served as the managing director and deputy chairman of RBC Capital Markets.
Grafstein is also the chairman of the board of trustees at Horace Mann School, a member of the executive committee of the Wall Street division of UJA-Federation of New York and a member of the board of trustees of the U.S. Foundation of Upper Canada College.