CAMBRIDGE, Mass. , Oct. 9, 2024 /PRNewswire/ -- Flagship Pioneering, the bioplatform innovation company, today announced that Paul Parker has joined as Managing Partner, Capital Solutions and Value Realization.
In this role, Parker will lead all capital solutions efforts at Flagship, driving portfolio value realization, fundraising activities, and building and managing Flagship's relationships with Limited Partners as well as strategic and financial investors. He will also play a key role on Flagship's senior leadership team, helping drive value, impact, and effectiveness across the organization. Parker brings over 35 years of experience in banking, pharma and biotech, as well as in mergers and acquisitions (M&A), corporate strategy and organizational leadership.
He has worked across multiple sectors and geographies, built and managed several multi-billion-dollar businesses, and led teams of several thousand employees. He previously served as Co-Chairman of the Global M&A Group for Goldman Sachs & Co., Chairman and Head of Global M&A and Co-Head of Corporate Finance at Barclays Group Plc, and Chairman and Head of Global M&A at Lehman Brothers.
Parker becomes Flagship's third Managing Partner, alongside Doug Cole and Stephen Berenson , as the company enters its next phase of growth and development following the raise of its latest capital pool of $3.6B in July of this year. Most recently, he served as a Corporate Officer and held the role of Senior Vice President, Strategy and.