Joseph is also active in and serves on the board of several charitable and philanthropic endeavors. After graduating from law school, he practiced as an attorney in the corporate practice of the law firm Paul, Weiss, Rifkind, Wharton & Garrison LLP in New York City.
in philosophy from Columbia University and a J.D. In 2018, he managed the successful sale of that ownership interest through a highly publicized buy-sell process involving the controlling owner of the franchise and another limited partner. He then served as that group’s representative to the team and NBA in all matters concerning the investment. In 2012, he oversaw the purchase by his family, leading a small group of additional investors, of a minority investment in the Memphis Grizzlies of the National Basketball Association. In addition, Joseph is actively involved in the management of the private equity, real estate and entertainment investments made through the Straus Group or other affiliated family office entities. The fundraising effort for Puerto Rico in particular was by most measures the largest private citizen initiative to assist in rebuilding the island of Puerto Rico. Straus led efforts to assist victims of the hurricanes in Puerto Rico, Texas and Florida in 2017. Straus, through CareOne and together with his daughter, has successfully spearheaded large fundraising campaigns for the Valerie Fund, Breast Cancer Research Foundation, and the Make-A-Wish Foundation. Straus started and maintains a charitable fund to provide for the needs, beyond those covered by health insurance, of his employees who have been ill with cancer. Straus personally contributed and organized funding intended to provide for the uninsured losses of his employees and their communities as a result of the devastation caused by Hurricane Sandy in 2012. Straus’ companies and the communities in which his businesses operate. An area of particular interest for his philanthropic endeavors has been to provide for and take care of the needs of the thousands of employees who are part of Mr. Straus has also been and remains as dedicated and committed to philanthropy as he has been to his business interests, supporting several charitable causes through his own foundation and through charitable foundations he has created at his various companies.
in political science from Columbia University and a J.D. Straus was an attorney with Paul, Weiss, Rifkind, Wharton & Garrison LLP in New York City. Straus invests in a wide-range of investment types, including, but not limited to, real estate, hedge funds, private credit and equity, financial products, and sports-related investments. Outside of the healthcare services, through his family office eponymously named The Straus Group, Mr. Straus’ portfolio of companies include: Partners Pharmacy, an institutional pharmacy that provides for the needs of over 40,000 people in several states Ascend Hospice, which cares for thousands of patients annually Avantum Pharmacy, which provides oncology medication to cancer patients and Ascend Homecare. Straus previously operated Aveta Health, a large physician practice management company located in Southern California, which he sold to United Healthcare in 2012. Straus also founded and built InnovaCare Health, one of the largest Medicare Advantage health plans in the United States, which provides health insurance to 500,000 seniors in Puerto Rico, and currently serves as its Chairman of the Board and controlling shareholder. His portfolio of senior living properties is regarded in the industry as the gold standard for design and programming and has garnered national attention and awards for the quality of care, and architectural and design elements. Over 100,000 older adults have been cared for by the CareOne family of senior living and rehabilitation centers since its founding. Straus’ vision to redefine healthcare, his company has become the market-share leader for senior living, subacute care and inpatient rehabilitation in the northeast of the United States. Straus in the late 1990’s, has developed, operated and managed more inpatient healthcare properties in the New York Metropolitan area than any other operator.
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