Larry Rafferty
Larry C. Rafferty (born in Brooklyn, New York) is the founder and chief executive officer of Rafferty Capital Markets, LLC, an investment banking and brokerage services firm headquartered in Garden City, New York. Early life. Rafferty graduated from Fairfield University in 1964, where he was captain of the Fairfield Stags men's basketball team. He was drafted by the Philadelphia 76ers in the 16th round (106th overall) of the 1965 NBA Draft, though he never played in the NBA. Career. In 1987, Rafferty and Tim Cohane founded Cohane Rafferty Securities LLC, an investment bank specializing in the mortgage  banking and financial institutions industries. Rafferty served as chief executive officer of the company until the business was sold to Lehman Brothers in 2002. Rafferty is a long-standing member of the Fairfield University board of trustees and was honored for his contributions to the university with an Alumni Service Award in 2007.