Darrell Crate | |
|---|---|
 Crate in 2023 | |
| Chair of the Massachusetts Republican Party | |
| In office 2003–2007 | |
| Preceded by | Jean Inman (acting) |
| Succeeded by | Peter G. Torkildsen |
| Personal details | |
| Born | 1967 (age 56–57) New York City, U.S. |
| Political party | Republican |
| Education | Bates College (BA) Columbia University (MBA) |
Darrell W. Crate (born 1967) is an American investor, private equity manager, and philanthropist. He is the CEO of Easterly Government Properties, Inc., a New York Stock Exchange-listed company that he co-founded in 2015.[1] He is also the founder and managing principal of Easterly Asset Management, a multi-affiliate platform of high-performing boutique investment managers.[2]
A native of New York City, Crate attended Bates College in Lewiston, Maine before attending Columbia Business School in New York City. He began his career with Chase Manhattan Bank and Chase Manhattan Securities, where he served as the managing director of Financial Institutions Group based in London.[citation needed] Soon after he joined Affiliated Managers Group where he helped to scale the business from 1998 to 2011 as chief financial officer.
After departing AMG, Crate served as treasurer and a member of the executive committee of the Romney for President campaign in 2012, a role that he also held during the Romney's 2008 campaign. From 2003 to 2007, Crate served as the chairman of the Massachusetts Republican Party[citation needed] and a senior advisor to Romney, who was the Governor of Massachusetts at the time. In 2009, Crate founded Easterly, where he has focused on several ventures, including founding a publicly traded REIT, sponsoring a SPAC, and building an asset management platform that owns stakes in boutique investment management businesses and assists them with their strategic growth.[promotion?]