Henry Merritt Paulson III is the majority owner of Peregrine Sports, LLC which owns the Portland Timbers

Portland Timbers

Portland Timbers may refer to any of four distinct professional soccer teams:*Portland Timbers, a Major League Soccer expansion team that began playing in 2011....

, a Major League Soccer

Major League Soccer

Major League Soccer is a professional soccer league based in the United States and sanctioned by the United States Soccer Federation . The league is composed of 19 teams — 16 in the U.S. and 3 in Canada...

 team based in Portland, Oregon

Portland, Oregon

Portland is a city located in the Pacific Northwest, near the confluence of the Willamette and Columbia rivers in the U.S. state of Oregon. As of the 2010 Census, it had a population of 583,776, making it the 29th most populous city in the United States...

.

Personal

He graduated from Hamilton College with a B.A. in 1995. Paulson earned his Masters of Business Administration from Harvard Business School

Harvard Business School

Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...

. Prior to owning the sports franchises he worked for the National Basketball Association

National Basketball Association

The National Basketball Association is the pre-eminent men's professional basketball league in North America. It consists of thirty franchised member clubs, of which twenty-nine are located in the United States and one in Canada...

 as a senior director of marketing and business development, and has worked for the cable television channel Home Box Office

Home Box Office

HBO, short for Home Box Office, is an American premium cable television network, owned by Time Warner. , HBO's programming reaches 28.2 million subscribers in the United States, making it the second largest premium network in America . In addition to its U.S...

. He is the son of Henry Merritt "Hank" Paulson Jr.

Henry Paulson

Henry Merritt "Hank" Paulson, Jr. is an American banker who served as the 74th United States Secretary of the Treasury. He previously served as the Chairman and Chief Executive Officer of Goldman Sachs.-Early life and family:...

, the former United States Secretary of the Treasury

United States Secretary of the Treasury

The Secretary of the Treasury of the United States is the head of the United States Department of the Treasury, which is concerned with financial and monetary matters, and, until 2003, also with some issues of national security and defense. This position in the Federal Government of the United...

. He serves on the board of trustees of the Wildlife Conservation Society

Wildlife Conservation Society

The Wildlife Conservation Society based at the Bronx Zoo was founded in 1895 as the New York Zoological Society and currently manages some of wild places around the world, with over 500 field conservation projects in 60 countries, and 200 scientists on staff...

. Paulson is married to Heather Mahar Paulson, who appeared on The Amazing Race

The Amazing Race

The Amazing Race is a reality television game show in which teams of two people, who have some form of a preexisting personal relationship, race around the world in competition with other teams...

, season 3, and they reside in Portland.

Shortstop, LLC

In May 2007 Paulson’s investment group Shortstop, LLC purchased the Portland Beavers and the Portland Timbers from California businessman Abe Alizadeh. The purchase made the group the teams' fourth owners since 2001. Paulson’s father is a minority partner in the company. Shortstop is a Delaware

Delaware

Delaware is a U.S. state located on the Atlantic Coast in the Mid-Atlantic region of the United States. It is bordered to the south and west by Maryland, and to the north by Pennsylvania...

organized company.

Footnotes