Nigel Doughty, English soccer team owner, dies
Nigel Doughty, co-founder of private equity firm Doughty Hanson & Co. and owner of English soccer team Nottingham Forest, died Sunday in his home at age 54.
He was found dead in his gym at his home in northeast England, the team said.
Doughty founded his private equity firm with Richard Hanson in 1995. They had worked together since 1985, when they started a buyout unit at Standard Chartered Plc. Between 1987 and 2002, they generated $1.94 billion of cash from investments that cost $733 million.
Doughty had a net worth of about $205 million, according to the 2011 Sunday Times Rich List. Among Doughty Hanson's investments are luggage-maker Tumi, British cinema operator Vue, and Norit, a Texas-based maker of activated-carbon purification systems, says the firm's website.
Among causes Doughty supported was Britain's Labour party. In 2009, he contributed $1.6 million to Labour, led at the time by then Prime Minister Gordon Brown, as it prepared for a general election it lost in 2010. -- Bloomberg News
Full coverage of the winter storm from NewsdayTV The NewsdayTV team was across Long Island monitoring the winter weather and what's next.
Full coverage of the winter storm from NewsdayTV The NewsdayTV team was across Long Island monitoring the winter weather and what's next.
