MAHONEY--William P. "Bill" Of New Canaan CT, died April 30 at the age of 55 years following a brief illness. He was born in Portland, ME on October 24, 1957 to William D. and Ellen Marie (Lucas) Mahoney, the eldest son and second of five children. He graduated from South Portland High School in 1976 and received a bachelor's degree in Economics and Political Science from Boston College in 1980. In the mid-1980s Bill moved to New York, where he pursued his interest in business and finance. In 1993 he relocated to Sydney, Australia and worked in funds management at Bankers Trust Australia, where he went on to serve as Executive Vice President and Head of Business Development for BT Funds Management, LTD, and was a Managing Director of Bankers Trust Company. In 1998 he returned to the United States and was an equity partner at Bridgewater Associates, LP, where he was Executive Director of Business Development. During his tenure, Bridgewater Associates became the largest hedge fund in the United States. He left Bridgewater in 2007 and founded MBRO Capital, LLC, a private investment partnership which specialized in real estate investment and provided capital to start-up and early stage businesses. As managing member of MBRO, Bill pursued investments in novel and socially conscious businesses. He was an early and generous supporter of President Obama's 2008 presidential campaign, traveling throughout the country encouraging others to support Mr. Obama's promising agenda. He served on the national finance committee for the presidential campaign, and was a major supporter of the inaugural activities of 2009 and 2013. Bill married Alice Bartlett in 1993, and they have two daughters, Josephine and Virginia. Of Bill's many accomplishments in life, none gave him greater joy than his family. With Alice and the girls he traveled the world, climbed several of the world's tallest mountains, pursued philanthropic interests, and was an unforgettable friend to many around the world. He was the best man in eight weddings. Dozens claimed that he was their best friend. Bill often said that he wished to be remembered simply as one who valued and practiced simple human kindness. His generosity was unrivaled, and he never gave expecting recognition or even thanks. Instead, he gave with the understanding that the recipient would accept the gift with the obligation to use it to make a better life for himself or another. His philanthropy offered opportunity and fostered independence. Having been raised on the Maine coast, Bill never got the sea out of his blood. He and his family spent summers at Watch Hill, RI, in a home which he designed and furnished. He was in his element at the helm of his boat, "Platypus," navigating the New England coast with family and friends. Giving back and sharing their good fortune was extremely important to Bill and Alice. Their many charitable interests include educational foundations, scholarship opportunities for underprivileged students, the Wounded Warrior Campaign, international relief agencies, and many others. Bill expressed a wish that memorial contributions be made in his name to the Blossom Hill Foundation and to Reach Prep. Services will be private. A celebration of life is planned for early June.
Published in New York Times on May 5, 2013.