Marc Fasteau facts for kids
Quick facts for kids
Marc Fasteau
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| Born |
Marc Steven Fasteau
August 28, 1942 Washington, D.C.
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| Education | Harvard University (BA) Harvard Law School (JD) |
| Occupation | investor |
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Notable work
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The Male Machine (1974) |
| Spouse(s) |
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| Children | 1 |
Marc Steven Fasteau is an American businessman, lawyer, and writer. He is also known for his work as a political advocate, which means he supports certain ideas or causes in politics.
Contents
About Marc Steven Fasteau
Marc Steven Fasteau was born in Washington, D.C., on August 28, 1942. He attended Harvard College, graduating in 1963. Later, in 1969, he earned his law degree from Harvard Law School. While there, he was an editor for the Harvard Law Review, a respected legal publication.
From 1963 to 1966, Fasteau worked for important government groups. He was part of the staff for the US Senate Majority Leader Mike Mansfield. He also worked with the United States House Banking and Currency Committee and the Joint Economic Committee of Congress. These roles helped him understand how the government works.
Family Life
Marc Fasteau is married to Anne Gerard Fredericks. She is an artist and also studies art history. Before that, she worked in finance, focusing on markets in Japan and other countries outside the US.
Fasteau has one daughter named Alexis, who was born in 1974. Alexis is from his earlier marriage to Brenda Feigen. That marriage lasted from 1968 to 1987.
Marc Fasteau's Career
Marc Fasteau has had a varied career, working in business, finance, and even writing.
Business and Investments
For 14 years, Fasteau worked as an investment banker in New York. This means he helped companies raise money and advised them on big financial decisions. His last role in this field was as a managing director and partner at a company called Dillon, Read & Co..
He later started his own company, the American Strategic Insurance Group. This company provided property and casualty insurance. Fasteau was the chairman of its board. In 2015, this insurance group was sold to Progressive Insurance.
Fasteau was also an investor and partner in Sereno Properties. This company developed and owned hotels in places like St. Barts and Lake Como, Italy. In 2023, a large part of Sereno Properties was sold to a private equity firm.
Today, Fasteau is an investor and board member at Oxford Performance Materials, Inc. This company uses advanced 3-D printing technology. They make things like replacement vertebrae (bones in your spine) and eye sockets from a special plastic. These parts are approved by the FDA, meaning they are safe to use inside the human body.
Other Important Work
Besides his business ventures, Marc Fasteau is also an author and works with different organizations.
Writing and Books
Marc Fasteau is the co-author of a book titled Industrial Policy for the United States: Winning the International Competition for Good Jobs and High-Value Industries. This book was published in 2024.
He is also the author of The Male Machine, which came out in 1974. In this book, Fasteau argues that the idea of being "overly macho" or too tough, like the character John Wayne, can be harmful. He suggests this kind of thinking can cause problems in both personal life and in public decisions. For example, he believed it influenced how long the US stayed in the Vietnam War.
Advocacy and Organizations
Fasteau is a board member and Vice Chairman of the Coalition for a Prosperous America. This group is non-partisan, meaning it doesn't favor one political party. It brings together workers, manufacturers, and farmers. The group supports the idea of the U.S. being a leader in manufacturing.
