Alan Solomont
Director/Board Member at AVANGRID, INC.
Net worth: 386 446 $ as of 2024-03-30
Profile
Alan D.
Solomont is the founder of Solomont Bailis Ventures LLC (founded in 1998) and HouseWorks LLC (founded in 1998).
He was also the founder of Angel Healthcare Investors LLC (founded in 2000) where he served as the Managing Member.
Currently, Mr. Solomont holds several positions.
He is the Chairman of The Spain-U.S.
Chamber of Commerce since 2013.
He is also a Director at The Commerce Insurance Co., an Independent Non-Executive Director at Avangrid, Inc. since 2014, a Trustee at Tufts University, and the Dean of Jonathan M Tisch College of Civic Life since 2014.
Mr. Solomont has held various former positions.
He was the Chief Executive Officer of Ads Group, Chairman of Combined Jewish Philanthropies of Greater Boston, Inc., and Chairman-Bipartisan Directors of Corporation for National & Community Service.
He served as a Director at PolyMedica Corp.
from 2005 to 2007 and at MAPFRE U.S.A.
Corp.
He was also a Director at Boston Private Bank & Trust Co. from 1999 to 2009, the University of Massachusetts from 1991 to 1992, and WGBH Educational Foundation from 1999 to 2005.
He served as a Director at Innovacare Us LP, the University of Lowell from 1984 to 1991, and the John F.
Kennedy Library Foundation from 2001 to 2009.
He was a Director at Allegiance Hospice Group, Inc., Israel Policy Forum, and The New Israel Fund (New York) from 1998 to 2008.
He also served as a Non-Executive Independent Director at Iberdrola USA, Inc. and as a Trustee at Boston Medical Center from 1995 to 2009.
Mr. Solomont's education includes an undergraduate degree from Tufts University in 1970 and an undergraduate degree from the University of Massachusetts Lowell.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
AVANGRID, INC.
0.00% | 2024-03-31 | 10,605 ( 0.00% ) | 386 446 $ | 2024-03-30 |
Alan Solomont active positions
| Companies | Position | Start |
|---|---|---|
| AVANGRID, INC. | Director/Board Member | 2013-12-31 |
| Jonathan M Tisch College of Civic Life | Corporate Officer/Principal | 2013-12-31 |
The Commerce Insurance Co.
 The Commerce Insurance Co. Property/Casualty InsuranceFinance The Commerce Insurance Co. provides insurance services. It offers personal, commercial property, casualty, personal automobile, homeowners and commercial automobile insurance. The company was founded in 1972 and is headquartered in Webster, MA. | Director/Board Member | - |
| Tufts University | Director/Board Member | - |
| Solomont Bailis Ventures LLC | Founder | 2011-05-02 |
The Spain-U.S. Chamber of Commerce
 The Spain-U.S. Chamber of Commerce Miscellaneous Commercial ServicesCommercial Services The Spain-U.S. Chamber of Commerce is a chamber of commerce. The non-profit company is based in New York, NY. | Chairman | 2012-12-31 |
Former positions of Alan Solomont
| Companies | Position | End |
|---|---|---|
Angel Healthcare Investors LLC
 Angel Healthcare Investors LLC Financial ConglomeratesFinance Angel Healthcare Investors LLC provides financing for businesses. It is a private equity and venture capital firm specializing in early stage ventures, turnarounds, and spin-offs. The firm typically invests in companies with a direct healthcare and life sciences application, biotechnology, bioinformatics, medical device, medical testing, analysing and diagnostic equipment and but may also consider other opportunities outside the healthcare industry. The company was founded by Alan Solomont, Susan Bailis and Dick Thielen on October 1, 1999 and is headquartered in Newton, MA. | Founder | 2008-12-31 |
Boston Private Bank & Trust Co.
 Boston Private Bank & Trust Co. Regional BanksFinance Boston Private Bank & Trust Co. provides investment advice. The company was founded on November 1, 1983 and is headquartered in Boston, MA. | Director/Board Member | 2008-12-31 |
John F. Kennedy Library Foundation
 John F. Kennedy Library Foundation Miscellaneous Commercial ServicesCommercial Services The John F. Kennedy Library Foundation provides financial support, staffing, and creative resources for libraries. The non-profit company is based in Boston, MA. | Director/Board Member | 2008-12-31 |
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Training of Alan Solomont
| Tufts University | Undergraduate Degree |
| University of Massachusetts Lowell | Undergraduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 1 |
|---|---|
| AVANGRID, INC. | Utilities |
| Private companies | 19 |
|---|---|
PolyMedica Corp.
 PolyMedica Corp. Specialty StoresRetail Trade PolyMedica Corp. develops and sells healthcare products and related services primarily to seniors. The firm offers blood glucose testing supplies and related services to diabetics. The company was founded in 1988 and is headquartered in Port St. Lucie, FL. | Retail Trade |
MAPFRE U.S.A. Corp.
 MAPFRE U.S.A. Corp. Multi-Line InsuranceFinance MAPFRE U.S.A. Corp. provides personal and commercial property, casualty, automobile, marine, and fire insurance. The company's products include personal and commercial automobile and homeowners insurance. It is headquartered in Webster. MA. | Finance |
Boston Private Bank & Trust Co.
Boston Private Bank & Trust Co. Regional BanksFinance Boston Private Bank & Trust Co. provides investment advice. The company was founded on November 1, 1983 and is headquartered in Boston, MA. | Finance |
The Commerce Insurance Co.
The Commerce Insurance Co. Property/Casualty InsuranceFinance The Commerce Insurance Co. provides insurance services. It offers personal, commercial property, casualty, personal automobile, homeowners and commercial automobile insurance. The company was founded in 1972 and is headquartered in Webster, MA. | Finance |
Ads Group
 Ads Group Hospital/Nursing ManagementHealth Services Part of Welltower, Inc., Ads Group provides long-term care through 23 long-term facilities. The private company is based in Newton, MA. Ads Group was acquired by The Multicare Cos., Inc. on December 12, 1996 for $71.41 million. | Health Services |
WGBH Educational Foundation
 WGBH Educational Foundation BroadcastingConsumer Services WGBH Educational Foundation operates television stations. The non-profit company is based in Boston, MA and has subsidiaries in United States. The company was founded in 1951 by Ralph Lowell. Jonathan C. Abbott has been the CEO of the company since 1998. | Consumer Services |
Boston Medical Center
 Boston Medical Center Hospital/Nursing ManagementHealth Services Boston Medical Center provides healthcare services. It provides a spectrum of pediatric and adult care services from primary to family medicine specialty care. The hospital is established in July 1996 and is headquartered in Boston, MA | Health Services |
Angel Healthcare Investors LLC
Angel Healthcare Investors LLC Financial ConglomeratesFinance Angel Healthcare Investors LLC provides financing for businesses. It is a private equity and venture capital firm specializing in early stage ventures, turnarounds, and spin-offs. The firm typically invests in companies with a direct healthcare and life sciences application, biotechnology, bioinformatics, medical device, medical testing, analysing and diagnostic equipment and but may also consider other opportunities outside the healthcare industry. The company was founded by Alan Solomont, Susan Bailis and Dick Thielen on October 1, 1999 and is headquartered in Newton, MA. | Finance |
Innovacare Us LP
 Innovacare Us LP Medical/Nursing ServicesHealth Services InnovaCare, Inc. provides healthcare services. It builds physician networks with physicians, hospitals, payers, patients, and employers. The company was founded by Daniel E. Straus, Joseph D. Mark and Timothy J. O'Donnell in 2003 and is headquartered in Fort Lee, NJ. | Health Services |
Corporation for National & Community Service
 Corporation for National & Community Service Miscellaneous Commercial ServicesCommercial Services Corporation for National & Community Service provides service and volunteering grants to social organizations. The company was founded in 1993 and is headquartered in Washington, DC. | Commercial Services |
John F. Kennedy Library Foundation
John F. Kennedy Library Foundation Miscellaneous Commercial ServicesCommercial Services The John F. Kennedy Library Foundation provides financial support, staffing, and creative resources for libraries. The non-profit company is based in Boston, MA. | Commercial Services |
Combined Jewish Philanthropies of Greater Boston, Inc.
 Combined Jewish Philanthropies of Greater Boston, Inc. Miscellaneous Commercial ServicesCommercial Services Combined Jewish Philanthropies of Greater Boston, Inc. provides fundraising and social planning services. It services include case management, job training, legal services to help navigate and obtain public benefits. The company was founded on April 25, 1895 and is headquartered in Boston, MA. | Commercial Services |
The Spain-U.S. Chamber of Commerce
The Spain-U.S. Chamber of Commerce Miscellaneous Commercial ServicesCommercial Services The Spain-U.S. Chamber of Commerce is a chamber of commerce. The non-profit company is based in New York, NY. | Commercial Services |
| Solomont Bailis Ventures LLC | |
Allegiance Hospice Group, Inc.
 Allegiance Hospice Group, Inc. Medical/Nursing ServicesHealth Services Allegiance Hospice Group, Inc. is a privately-held, Medicare-certified hospice company headquartered in Lowell, Mass. that provides services to approximately 300 hospice patients in Maine, Massachusetts and New Hampshire | Health Services |
| Israel Policy Forum | |
The New Israel Fund (New York)
 The New Israel Fund (New York) Investment Trusts/Mutual FundsMiscellaneous The New Israel Fund (New York) provides grants and technical assistance to organizations in Israel. It focus on liberal democracy, including freedom of speech and minority rights, and to fight inequality, injustice, and extremism. The company was founded by Jonathan Cohen and Eleonor Friedman Cohen in 1979 and is headquartered in New York, NY. | Miscellaneous |
Iberdrola USA, Inc.
 Iberdrola USA, Inc. Electric UtilitiesUtilities Iberdrola USA, Inc. is a sub holding company that distributes electricity and natural gas. It holds all the U.S. operations of its parent, Iberdrola S.A. The firm provides renewable and thermal electricity generation, electricity transmission and distribution, natural gas storage and distribution, and renewable energy operations and services. The company is headquartered in New Gloucester, ME. | Utilities |
HouseWorks LLC
 HouseWorks LLC Medical/Nursing ServicesHealth Services HouseWorks LLC provides home care services. It offers home care, senior housing care, and home modification. The company was founded by Alan Solomont and Andrea Cohen in 1998 and is headquartered in Newton, MA. | Health Services |
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