Richard R. Crowell (MBA '80)
A native of Los Angeles, Richard Crowell started his finance career in 1980 in New York at E F Hutton and then Drexel Burnham Lambert, where he was named Managing Director in 1986. In 1987, he helped establish and served as the President of Acadia Partners, an investment partnership with lead investor Robert M. Bass. In 1991, Crowell returned to Los Angeles where, with two partners, he founded Aurora Capital Group, a private equity partnership managing institutional capital. In the 15 years that Crowell served as President of Aurora, the firm acquired 15 companies and completed more than 100 growth acquisitions.
In 2007, Crowell founded Vance Street Capital, a private equity partnership, to acquire and grow California based, middle market companies in partnership with operating management. Since inception, Vance has acquired a controlling interest in 5 companies involved in the design and production of aerostructures, radiation hardened high reliability electronics and tactical mission computing systems.He received an MBA in finance and accounting from UCLA Anderson School of Management, and a BA in English Literature from UC Santa Cruz.
Crowell serves on the Executive Committee of the Board of Visitors, and co chairs the Development Committee for the UCLA Anderson School of Management; the Board of RBC Bearings Inc. (NASDAQ Symbol “ROLL”); the Boards of PFI Inc., Semicoa Inc, Klune Industries, Inc, Micross Inc, and Secure Systems Inc. In 2000 he helped establish and is the chairman of Red Car Wine, LLC.
He is married to Alison Crowell who is a trustee of the Broad Stage in Santa Monica, and has two daughters: Jennifer, a recent graduate of the University of Chicago, now working in publishing in New York; and Nora, a freshman at Loyola Marymount University in Los Angeles.