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Wall Street 50 – 2005

W. Patrick McMullan III

As the senior managing director and co-head of the Worldwide Health Care Group at Bear Stearns, Patrick McMullan is responsible for all the financial aspects of healthcare providers, such as mergers and acquisitions, IPO’s, and restructuring and leveraged buyouts.

McMullan has been in the investment banking business for almost 30 years, since beginning his career with Lehman Brothers in 1976. In 1985, McMullan founded the Health Care Group at Donaldson, Lufkin & Jenrette. When Credit Suisse First Boston acquired DLJ, McMullan became the co-head of its Global Health Care division. In 2003, he joined Bear Stearns.

McMullan lives in the Park Slope area of Brooklyn, and serves on the board of Project Reach Youth, a Brooklyn community service organization. He is also on the board of the Lar Lubovitch Dance Company.

McMullan, who received his BA from Vanderbilt in 1974, and his MBA from Wharton in 1976, has been married to Rachel McPherson for 22 years. They have two children, Pace and Isabel. His Irish roots go back four generations to counties Cork and Waterford.

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