Doug's career trajectory has been unique and varied, with a blend of public service, finance and business, non-profit work, and more recently, teaching and journalism.
Doug is a co-founder of Park Avenue Equity Partners, L.P. with offices in New York and Washington. Park Avenue is a private equity fund that makes equity investments in operating companies with revenues between $50-350 million. Prior to founding Park Avenue, Doug was Chairman of the Thornton Group, LLC, which he co-founded in 1995 to make opportunistic direct equity investments in a range of smaller companies.
While Doug continues as an active investor in Park Avenue, the main focus of his time is on several important not-for-profit efforts, including PathNorth, which helps business owners and CEOs define success more broadly, the Buxton Initiative, an interfaith dialogue organization, and ABC2 (Accelerate Brain Cancer Cure), working to find a cure for brain cancer.
Doug was formerly a senior officer with the international investment banking firm, Goldman, Sachs and Company, headquartered in New York. At Goldman Sachs, he worked in the Investment Banking Division on a range of strategic and administrative matters as well as on certain international transactions with a governmental component. While with Goldman Sachs, he served as founding President of One to One Mentoring Partnership, an initiative of the New York financial community to bring imaginative solutions to some of our nation's most pressing urban youth challenges.
Prior to joining Goldman Sachs, Doug held senior positions in both the White House and the Department of State. After working under White House Chief of Staff, James A. Baker III, Doug was appointed by the President to the rank of Special Ambassador, charged to coordinate major aspects of the U.S. public response to the challenges posed by South Africa prior to the dramatic release of Nelson Mandela.
Doug has advised several Presidents and numerous corporate leaders and has explained and debated public policy issues on national television. He has contributed to several books on a broad range of issues, foreign policy, culture, theology and 19th C. history and has placed articles in the New York Times, the Washington Post, USA Today and other influential journals. He has delivered public speeches to leadership gatherings in more than 40 states and 10 nations.
Doug has served on numerous boards, councils and Presidential Commissions, including: the Presidential Commission on Drug Prevention; the Presidential Commission on Small Business; Morehouse College; Sunrise Senior Living, Inc.; Elgin Energy, LLC; CNL Hotels and Resorts Inc.; Canopy Development LLC; Trinity Forum; United Way International; One to One Mentoring Partnership; Institute for Advanced Studies in Culture; Contrasting Perspectives; Harvard University Divinity for the Study of Values in Public Life; the Ethiopia Opportunity Fund; NorthStar Companies Inc.; Oxford Analytica, Ltd.; University of North Carolina School of Public Health Advisory Board; and the International Center for Religion and Diplomacy. He has served as a key advisor to a number of public and private companies including Heidrick and Struggles, the Case Foundation, Hughes Supply, Service Master, Providence Capital, and Alexander Proudfoot.
Doug holds degrees from the University of North Carolina(where he played Varsity Lacrosse), Princeton Theological Seminary, and Oxford University in England. He has served as an adjunct professor at the University of Virginia, a guest lecturer at Williams College and he currently teaches at Georgetown University.