A Conversation with Jack Wadsworth, '63, Former Chairman of Morgan Stanley Asia
January 11, 2011: 6:00 PM - 8:00 PM
Lessons on Entering a New Market and Building Your Career in a New World Order
An evening with Jack Wadsworth, Chicago Booth '63, and former Chairman of Morgan Stanley Asia. He'll discuss China, your business, and your career.
800 Powell St
San Francisco, California
Driving Directions:Directions and Parking:
(good for a ride on the Cable Car line to get straight there too)
$25 Early Bird by December 15
$30 After December 15
$35 at the door
early bird ends 12/15/2010
Jack Wadsworth, '63 (Speaker)
Advisory Director, Morgan Stanley
John S. Wadsworth, Jr. is an Advisory Director at Morgan Stanley. He began his career at the First Boston Corporation in New York City in 1963.
In 1978, he left First Boston to become the first partner of Morgan Stanley to join the firm from a competitor. During the 1980s, Jack was a member of the investment banking team at Morgan Stanley and initiated the high tech banking practice, started the venture capital business and help organized the leverage buyout business. One of the early results of the technology banking initiative was the IPO for Apple Computer. The early strategy of the venture capital business included the development of a very close working relationship with Kleiner Perkins Caufield & Byers.
During five years in Japan, he built the firm's business from a small base to over 500 people and profitability.
In 1991 Jack moved to Hong Kong as Chairman of Morgan Stanley Asia and proceeded to expand the firm's business in rest of the Asia. When he retired in 2001, the firm had over 2000 people, 11 offices and over a billion dollars in revenue in Asia. In addition, the firm had a healthy private equity activity based in Hong Kong and had created two joint venture investment banks one in China and one in India.
Jack is currently an Advisory Director of Morgan Stanley and Honorary Chairman of Morgan Stanley Asia. He has an office in San Francisco and is a consultant to the firm. He has also developed, a venture capital business under the banner of Manitou Ventures. Manitou Ventures has made 14 early stage technology investments half in China and half in US all with a China theme. The success of this initiative has led to the creation of a new firm called Ceyuan Ventures.
Jack is a graduate of Williams College and University of Chicago Booth School of Business.
Patrick Zanoni, '00
Building a business in a new market is no easy matter. Gaining acceptance, building a brand, and delivering value to customers who may or may not be familiar with your products or services are just a few of the challenges. With the world becoming a smaller place and with China playing a larger role in the world economy, learning how to work with China is becoming critical for businesses in the US, whether they know it or not.
Join us for a talk and Q&A session with Jack Wadsworth, former Chairman of Morgan Stanley Asia and the man who built Morgan Stanley's business in Japan and China from the ground up. Come for the networking and stay for the lessons on China, your business and your career.
Light appetizers will be served and a cash bar will be available.