Peter_Palandjian

Peter Palandjian

Peter Palandjian

American businessman and tennis player


Peter Palandjian (born February 12, 1964) is a businessman and former professional tennis player. Palandjian became CEO of Intercontinental Real Estate Corporation in 1993. The company had been founded by his father, Petros, in 1959.

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Early life and education

Born in Boston, to a family of Armenian descent. Palandjian attended Phillips Academy Andover and Harvard University, from which he graduated with a BA in Literature in 1987. He enrolled in Harvard Business School and earned an MBA, graduating in 1993.

While at Harvard, he twice captained the Harvard tennis team and played in the NCAA championships, both in singles and doubles, as the team's number one player.[1]

Career

Business

Palandjian worked for two years with Bain & Company, as an Associate.[2] He was then an assistant to the CEO of Staples, while attending Harvard Business School.[2]

Since 1993 he has been CEO of Intercontinental Real Estate Corporation, which was originally a construction company and was founded in Boston in 1959 by his father, an immigrant to the United States, Petros A. Palandjian.[3]

Under Peter's leadership, the company evolved its core business from fully integrated services and investment partnerships, to private equity real estate structured in fund-based investment management and advisory services.[4]

Tennis

Palandjian competed professionally after leaving college and won six ATP tour Challenger titles, all in doubles.[5][6][7] He also made main draw appearances in singles and doubles at various Grand Prix tournaments.[7] Notable victories include wins over Jay Lapidus (Stratton Mountain, 1987), Ricardo Acuna and Mark Dickson (Raleigh, 1987) Tony Mmoh (Boston, 1998), Martin Laurendeau (Miami, 1998), Andrew Sznajder (Seattle, 1998). One of his doubles partners, at the 1988 U.S. Pro Tennis Championships in Boston, was future world number one Jim Courier.[8] In 1988 he featured in the men's doubles at three Grand Slam events, the French Open, Wimbledon Championships and US Open. He also played men's doubles at the 1989 French Open and mixed doubles at the 1989 Wimbledon Championships. His brother, Paul, was also a collegiate tennis player.[9] The pair played a Grand Prix tournament together at Boston in 1989.[10] During Palandjian's highest career world ranking in doubles he reached No. 175 on July 10, 1989.

Palandjian retired from tennis in 1989.

Personal life

Palandjian lives in Cambridge, Massachusetts, and has four children with his former wife Marie-Louise "Minou" Palandjian: Manon Palandjian, Petros Palandjian, Margot Palandjian, and Madelon Palandjian.[11] His daughter Manon oversees marketing and communications for his family's company.[12]

He married actress Eliza Dushku in August 2018.[13] In February 2019, Dushku announced that she was pregnant with their first child.[14] Their son Philip was born six months later, in August of that year.[15] In August 2021, Dushku gave birth to the couple's second son, Bodan.[16]

Challenger titles

Doubles: (5)

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References

  1. "Men's Tennis". The Harvard Crimson. April 14, 1987. Retrieved March 3, 2016.
  2. "The Fifty Families (Part Two)". Boston Magazine. May 2006. Retrieved March 3, 2016.
  3. "Company History". Intercontinental Real Estate Corporation. Retrieved 2024-01-08.
  4. "Sports shorts". Sun Journal. November 16, 1987. p. 20. Retrieved March 3, 2016.
  5. "USTA Pro Circuit Record Book" (PDF). United States Tennis Association. 2012. p. 55. Retrieved March 3, 2016.
  6. Buderi, Robert (September 10, 2007). "VC Varsity: The Best Athletes on Boston's Private-Equity Circuit---the Roster". Xconomy. Retrieved March 3, 2016.
  7. Kass, Sarah (April 14, 1986). "Netmen lose to Harvard; color NCAA slot Crimson". Columbia Daily Spectator. Retrieved March 3, 2016.
  8. "Power 2016: Family Ties". Boston Magazine. 2016-04-24. Retrieved 2019-03-09.
  9. "Eliza Dushku marries Peter Palandjian in Boston: Photos". www.msn.com. Archived from the original on 2019-06-18. Retrieved 2018-09-17.
  10. "Eliza Dushku Is Pregnant: 'We're Just Very Excited'". Us Weekly. 2019-02-15. Retrieved 2019-03-09.
  11. "Eliza Dushku and Peter Palandjian Welcome a Son". People Magazine. 2019-08-01. Retrieved 2019-09-28.
  12. VanHoose, Benjamin; Chung, Gabrielle (2021-08-09). "Eliza Dushku and Husband Peter Palandjian Welcome Second Baby Boy: 'Boston Brothers'". People.com. Retrieved 2021-08-26.

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