NEW ORLEANS - David M. Mussafer, a Tulane University graduate who serves as chairman and managing partner of Advent International, has been named chair-elect of the Board of Tulane, the university’s main governing body.
Mussafer assumed the role of board chair from Carol Lavin Bernick on July 1.
Mussafer’s parents met as Tulane students in the late 1950s. It was the only college he applied to as a high school student from Alabama. In addition, his sister, two aunts, an uncle and a cousin all hold Tulane diplomas.
Mussafer served on the President’s Council before his first election to the Board of Tulane in 2014. David and his wife, Marion, a real estate investor and owner of M Home Design Group, gifted the university which led to the creation of Mussafer Hall, which combined for the first time in a single location for essential services dedicated to the success of students in their academics, careers and lives.
In 2022, the Mussafers were among donors that provided lead gifts to establish the new Tulane Innovation Institute, a technology and startup accelerator designed to bring to market discoveries and inventions by university faculty, researchers, staff, students and community members.
A renowned private equity executive, Mussafer has been described by Forbes as “one of Wall Street’s great corporate turnaround gurus.”
Mussafer has served as a director for a wide range of businesses since joining Advent, such as the Business Roundtable, director of lululemon and is a board member of Olaplex and Thrasio.
After receiving his Bachelor of Science in management cum laude and graduating with the top honor in finance from Tulane in 1985, Mussafer earned his MBA from the Wharton School at the University of Pennsylvania in 1990. The
The Mussfers support various endeavors, including City Year, United Way, Year Up, Partners in Health, the Boys and Girls Club of Boston, Youth Inc, and Horizons for Homeless Children. (Tulane 07/01/23) David M. Mussafer Named Chair-Elect of Board of Tulane - Biz New Orleans
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