Alumnus Paul E. Raether Visits Campus for Talk with Jason Kelly of Bloomberg News

Topic: How His Trinity Education Prepared Him for Wall Street and for Life

From left: Borden Painter, Paul Raether, President Joanne Berger-Sweeney, and Jason Kelly.

Hartford, CT, November 3, 2016 – Distinguished alumnus Paul E. Raether ’68, H’14, P’93, ’96, ’01 returned to campus recently to discuss how his broad liberal arts experience at Trinity, including his history major, prepared him for his highly successful career on Wall Street. He was joined in conversation by Jason Kelly, the New York bureau chief of Bloomberg News.

A member of Kohlberg Kravis Roberts & Co. (KKR), a renowned multinational private investment equity firm in New York City, Raether is one of Trinity’s most committed alumni and his extensive involvement has been recognized with the highest honors given by the College. He served on Trinity’s Board of Trustees for 25 years and was the College’s longest-serving board chairman, holding that position from 2002 through 2014.

Students in attendance at the October 27 event quickly found common ground with Raether, thanks to an introduction of Raether provided by Borden W. Painter, Jr. ’58, H’95, Professor of History, Emeritus, and former President of the College. Painter recalled when Raether was his student in history class and then delighted the crowd by pulling from his jacket pocket an old gradebook, teasing Raether about an assignment on which he thought Raether might have worked more diligently.

Painter also set the stage well for the conversation by noting how often he has heard people ask over the years, ‘what can you do with a history degree?’ “But the better question,” Painter said, “is what do history majors do? And the answer is: everything!”

Among students drawn to the conversation between Raether and Kelly in Mather Hall’s Washington Room were members of Trinity’s Investment Club as well as those who participate in the Career Development Center’s Summit to Wall Street program. Many students who introduced themselves to Raether noted their interest in a career in the financial sector. Others let him know that they are history majors, as he was, or are pursuing other subjects and activities he mentioned during his visit.

A Denver native, Raether participated in sports at Trinity, including soccer, baseball, and skiing, and was a member of Psi Upsilon. Raether and his wife, Wendy, are the parents of three Trinity alumnae: Elissa, Alexa, and Cara.

Journalist Jason Kelly was an expert interviewer for the Common Hour discussion with Raether, having interviewed him for Bloomberg News in the past. Kelly, who was named New York bureau chief of Bloomberg News in 2015, has covered private equity, global finance, and technology, among other business-related topics. A graduate of Georgetown University and an accomplished marathoner, his latest book is Sweat Equity: Inside the New Economy of Mind and Body, which goes inside the multibillion-dollar trend toward endurance sports and fitness to examine who’s driving it, who’s paying for it, and who’s profiting.

In advance of his Common Hour talk, Raether visited over lunch with a group of about 15 scholars, including recipients of Raether Scholarships as well as Presidential Scholars, 1823 Scholars, Kelter Scholars, and QuestBridge Scholars.

View photos from the Common Hour discussion and the visit with scholars here.

Written by Kathy Andrews
Photo by John Marinelli