Michael A. Ruane '71
Michael A. Ruane has served on Providence College’s Board of Trustees since 1999, assuming the role as Chairman from 2004 to 2012. He also served on the Board Affairs Committee, the Development and Alumni Affairs Committee, and as Chair of the Executive Committee.
Ruane is the Founding Owner, Chairman, and Managing Partner of TA Associates Realty, a Boston-based company founded in 1982 and one of the nation’s largest real estate investment advisory firms. Prior to founding TA Associates Realty, Ruane spent thirteen years at Arthur Young & Company as Manager in the Consulting Division.
In addition to being a Limited Partner in TA Associates entities, Ruane is also a Limited Partner in Media Communications, a money manager investing primarily in communication companies. He is Chairman of the Board of Directors and Chief Executive Officer of Advent Realty Funds, one of the largest private real estate investment trusts, and is Chairman of J-PAC LLC and Medipharm Manufacturing Group.
Ruane sits on Boston Private Bank’s Advisory Board and is on the Board of Directors for both the Hamilton-Wenham Education Fund and the National Association of Industrial and Office Parks (NAIOP). He is a member of the MIT Real Estate Center and a former director of Pension Real Estate Association (PREA). He has been a lecturer at Harvard Business School, and Boston University’s Graduate School of Management presented him with the Boston University Entrepreneurial Award in 1997.
Ruane has been a longtime PC benefactor and he and his wife, Elizabeth, are members of the 1917 Society, which recognizes charitable donations to the College exceeding $250,000. In addition to the more than generous donation of the Ruane Atrium, Ruane has supported the women’s ice hockey team and also established the Michael A. Ruane Endowned Chair for Business Engagement. Ruane’s most recent donation came in the form of a major gift to construct the Ruane Center for the Humanities, which opened in September 2013.
Ruane received a bachelor’s degree in economics from PC, a master’s in business administration in finance from the Wharton School at the University of Pennsylvania as an Allied Chemical Foundation Fellow and a master’s degree in Taxation (MST). He is a certified C.P.A.