William C. Powers, MBA '83
Investor and Philanthropist
Bill Powers currently manages the Strand Partners, the vehicle for Powers family wealth investments. In addition, he serves as a general partner of Encore Housing, a distressed and opportunistic investment partnership; senior advisor to JRK Multifamily Platform; and managing director at Aspen Highland Partners, an investment partnership. Mr. Powers also actively invests in natural resources, commodities, and collectibles.
Mr. Powers resigned from PIMCO in 2010 after a 19-year career as a fixed-income portfolio manager and managing director. He was a member of PIMCO’s investment and executive committees. He launched and oversaw PIMCO’s global portfolio management operations in London, Tokyo, Sydney, Toronto, Munich, and Singapore. Prior to PIMCO Mr. Powers was a senior director and fixed-income management committee member at Bear Stearns from 1988 to 1990 and a mortgage specialist at Solomon Brothers from 1983 to 1988.
A graduate of St. Albans School in Washington, D.C., he served on the school’s board of governors. At Princeton he was chosen to the All Ivy league team and made the naming gift for its football field. Mr. Powers received an AB in economics from Princeton University in 1979 and an MBA from the Stanford Graduate School of Business in 1983.
He generously supports and has been a board member of the l.a. Philharmonic, Jazz Aspen Snowmass, and Sonoma Jazz +. He is a presidential appointment as trustee and executive committee member of the Kennedy Center for the Performing Arts, and a founder and board member of the Painted Turtle Camp for special-needs children.
Mr. Powers and his wife, Carolyn, funded and initiated “Blues and Jazz — Two American Classics,” an educational initiative to preserve, raise awareness for, and teach students jazz and blues through the Thelonious Monk Institute of Jazz. Under the guidance and leadership of Herbie Hancock, Mr. Powers and his wife are supporters of UNESCO’s annual Jazz Day, a global recognition of jazz music as a medium to bring people in the world together.