Ray Chambers

NJBIZ at 25: Legends

NJBIZ STAFF//December 17, 2012//

NJBIZ at 25: Legends

NJBIZ STAFF//December 17, 2012//

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He made his money in private equity, then focused on giving it away. Chambers also specialized in leveraged buyouts with William E. Simon at Wesray Capital. A Newark native, he is credited with being instrumental in two of its major development projects of the past 25 years: “There would be no NJPAC, there would be no Newarka rena”…He made his money in private equity, then focused on giving it away. Chambers also specialized in leveraged buyouts with William E. Simon at Wesray Capital. A Newark native, he is credited with being instrumental in two of its major development projects of the past 25 years: “There would be no NJPAC, there would be no Newarka rena” without Chambers, said one business executive. From the world of sports — he was a partner in YankeesNets — Chambers now moves on a bigger stage, playing roles with the United Nations and an effort to end malaria deaths in Africa.
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