Mark Hauser is a private equity investor in the energy sector. He has built an impressive career by investing in oil and gas companies and renewable power sources. As of 2018, he was worth 1.2 billion dollars. This article will discuss Mark Hauser’s background and expertise within the field of finance and the fortune that he amassed during his time working with private equity firms like Blackstone Group LP (NYSE: BX) and Carlyle Group LP (NASDAQ: CG).
At the beginning of Mark’s career, he was a political science teacher. He taught courses at Harvard University and Stanford University from 1986 to 1994. Since then, he has worked as a business owner and investor in dozens of companies, especially those that employ renewable power sources. Currently, Mark Hauser serves as the partner emeritus for Blackstone Group LP (NYSE: BX). In addition to being an investor there, he is also on the board of directors for many companies such as American Water Works Company Inc (NYSE: AWK) and Roper Technologies Inc (NYSE: ROP). As well as this, he is one of the managing principals for the Carlyle Group LP (NASDAQ: CG).
When it comes to Mark’s investment strategy, he has stuck with renewable energy sources. Although his first few investments dealt with fossil fuels, they were only until the birth of environmentalism in America during the late 1960s and early 1970s. Since then, he has invested more than $2 billion into solar power companies alone. However, he does carefully research his investments before putting money into them. For example, one of his earliest renewable energy investments concerned investing millions of dollars into XsunX Inc (OTCMKTS: XSNX), a solar panel manufacturer. After careful consideration about how much benefit the company would bring to society, Mark decided to invest 20 million dollars into the company.
Although the company has faced turbulence in the past, Mark Hauser has assured his investors that he is confident it will succeed during an interview. Speaking of investments, Mark discusses how he does not invest for instant gratification.
Original source to learn more: https://www.markhauser.com/