Nolen Bailey ’51

Nolen was born Jan. 23, 1930, in New York to James L. and Helen Hussey Bailey.

A Lawrenceville School graduate, he was a history major at Princeton and belonged to the Republican Club and Charter. He roomed with Dick Cruess, Doc Hotchkiss, Charles Hoyt, George Shafer, and Jim Umstattd and graduated with honors. He was in the Army Reserve from 1950 to 1959.

Nolen had a distinguished financial career in New York. Starting in 1951 he was with First National City Bank as security analyst; five years later he went with Citibank Farmers’ Trust Co. as a portfolio manager. From 1958 to 1964, he was with Rockefeller Bros. Inc. as portfolio manager and investment adviser for charitable and personal family funds.

The remainder of his career was with Citibank as senior officer for pension-fund management and head of investment management for domestic and foreign funds. He retired in 1995 as vice president and senior-investment officer.

Nolen’s clubs and affiliations included the Knickerbocker Club, Pilgrims Society, and St. Bartholomew’s Church. He spent his last years with his daughter in Montreal.

Nolen died Feb. 22, 2012, of cardiac arrest. He is survived by his daughters, Melissa Bailey and Suzanne Ferguson; two grandsons; and his ex-wife, Sally Moore.