The Passing of Edward M. Ackerman

Edward Meyer Ackerman
July 23, 1928 - October 1, 2016

 

Edward M. Ackerman, born July 23, 1928, in Dallas, TX, passed away peacefully at home on Saturday, October 1, 2016, surrounded by his family. He is predeceased by his wife Helma Ackerman and is survived by his children Paula Ackerman Menendez (Douglas), David Ackerman (Caroline), Samantha Ackerman Simons, and Eddie Ackerman (Beth); his grandchildren Phillip, Emma and Lilly Simons, Reid and Owen Ackerman, and Sam and Sarah Menendez; and his niece Vicki Berler Pepper (Ken).

Ed was a graduate of Woodrow Wilson High School and the University of Texas. He served as a lieutenant in the Air Force, stationed in Japan during the Korean War. Following his service, he did post-graduate study in finance at New York University before joining Salomon Brothers, and later returning to Dallas as their regional manager. Ed founded Ackerman Associates, L.P., Dallas' first hedge fund, in 1969 and compiled an impressive track record of investment success until his retirement in 2007. He is also the founder of Ackerman Capital Management, an investment advisory firm that continues to thrive today.

As a philanthropist, Ed had a significant impact throughout the Dallas community. Much of his time and resources were dedicated to The Hockaday School, St. Mark's School of Texas, the UT Southwestern Medical Foundation, Temple Emanu-El, the Ackerman Center for Holocaust Studies at the University of Texas at Dallas, the Dallas Holocaust Museum, Hebrew Union College, and the Society for Classical Reform Judaism. He is remembered for his warmth, wisdom, humility, generosity, and as the loving patriarch of his family, which he considered his greatest legacy.

A memorial service will be held at Temple Emanu-El on Wednesday, October 5 at 11:30 am in Olan Sanctuary, with a reception immediately following. In lieu of flowers, please make a contribution to one of the organizations listed above.