(with honors) in Economics from Lake Forest College in 1970, and an M.B.A. in International Finance from the Ross School of Business at University of Michigan in 1972.
[2] Parfet currently serves as the chairman and CEO of Northwood Group, which includes the investment arm of his family office.
In November 2018, Parfet acquired a 16.8% shareholding in Australian listed company, Purifloh Limited (PO3:ASX; PUFLF:OTCQX).
[3][4] He served as a director of Purifloh upon making this investment though transitioned to chairman of the board following the AGM on 22 November 2019.
[5][better source needed] In 2011, Parfet donated the 330,000 square-foot building that has been home to the WMed Upjohn Campus medical school since its inaugural class in 2014.