David Matthew New, of Manhattan Beach, passed away on September 27, at the age of 54, surrounded by his family, after a brief and difficult struggle against cancer. He was born on February 9, 1960, in Norfolk, Virginia, but spent his early years in Gainesville, Florida. He received his BA degree from Yale University and his MBA from UCLA; in between these degrees, he spent time in Osaka, Japan, where he met his loving wife, Atsuko Fukuda, with whom, after traveling widely in Asia, he returned to the states and eventually settled in the Los Angeles area.
David had more than 25 years of investment and consulting experience in the L. A. area, including years with California Edison, FMC Corporation, Wurts & Associates, Asset Strategy Consulting, and Dimensional Fund Advisors, where he was a Vice President with responsibility for global consultant relations. Since 2008 he was a partner and Managing Director of Client Relationships with Dalton Investments.
David was able to balance his financial world with an enduring love of art, music, books, and traveling with Atsuko, he was dedicated to passing these loves to their two children, both with museum-centered vacations abroad and a large carefully chosen library at home.
He is the beloved husband of Atsuko Fukuda of thirty years; father of Hannah Atsuki and Kohei Isaac, of Manhattan Beach; son of Joan and Melvyn New; brother of Carl Samuel New; uncle of Emily and Felicia, Michael, Brennan, and Kellen, of Gainesville, Florida.
A gathering of friends to celebrate David's life will be held on Wednesday, October 8, at Palos Verdes Country Club from 4 to 6PM.
In lieu of flowers, donations may be made in David's memory to Heal the Bay, 1444 9th Street, Santa Monica, CA 90401.