Michael Satz

Michael Satz, Chairman and Founding Investor, started his career as a lawyer, graduating from Harvard Law School in 1974. After several years practicing at a major New York law firm, he realized that when participating in business transactions he could receive more satisfaction from solving the whole puzzle put before him rather than being limited to providing only the legal input as one piece, albeit an important piece, of the puzzle. In fact, several of his clients “accused” him of being entrepreneurial. Pleading guilty, he became part of the first generation of senior management in the financial guaranty insurance industry, creating a legal road map as the first general counsel in the industry and, thereafter, establishing many of that industry’s key operating principles as the Chief Operating Officer of Ambac.

Thereafter, he founded and was the CEO of Assured Guaranty, a New York Stock Exchange listed financial services company. As the CEO of ACA Capital, Michael managed its successful turnaround from the brink of insolvency and positioned the company for its initial public offering on the New York Stock Exchange. More recently, he has acted as the Vice Chairman of Big League Barbers, Inc., a national franchisor that is utilizing new structural and marketing techniques to penetrate an otherwise well established market