Henry Dormitzer serves on the investment committee at Choate Investment Advisors and as a trustee for family trusts and foundations. Drawing on over 30 years’ experience in the industry, Henry specializes in direct investments into private companies, investing in private equity funds, and fixed income investments. Henry also helps families devise governance systems and operational platforms to support their family office needs.
Before joining Choate, Henry served as the chief executive officer of a private energy company developing hydropower facilities on existing dams through the United States and advising private equity funds on energy project acquisitions.
He was a managing director at investment banking firm UBS where he managed the firm’s Massachusetts public finance office. He was the senior underwriter of $24 billion of new issue municipal bonds for transportation, clean water programs, general infrastructure and real estate projects.
Professional & Community Involvement
- Member of the Board of the Massachusetts Clean Energy Center and chairs the Center’s Investment Committee which oversees the Center’s investments in private companies and the management of its cash reserves
- Member of the Board of Massachusetts Educational Financing Authority
- Member of the Board of MassDevelopment
- President of the Board of Trustees of Worcester Academy
- Served as commissioner of the Massachusetts Department of Revenue and as undersecretary for administration and finance for the Massachusetts governor
Education & Credentials
- Harvard College
- AB, 1992
In this episode of the Family Office Podcast Series, Managing Director, Tamer Alamuddin, and Senior Portfolio Manager, Henry Dormitzer, of Choate Investment Advisors discuss safe assets in light of the recent volatility in the banking sector.
The new “Massachusetts Millionaires Tax” goes into effect on January 1, 2023 and will impose a 4% surtax, in addition to the 5% flat income tax, on those who domicile or reside in Massachusetts and earn over $1 million annually.
Because Search Funds seek to invest in active businesses, searchers and their US investors are often surprised to learn that they may be subject to the Passive Foreign Investment Company (“PFIC”) rules for US federal income tax purposes.
Henry Dormitzer of Choate Investment Advisors continues the conversation on municipal bonds with Anson Clough and Nathan Harris of Appleton Partners as they discuss the current state of the bond market.