Global Finance Roundtable
May 13, 6:00 PM - 8:00 PM
International Finance; Corporate, Economic Overview, Investment Banking, & Hedge Funds
Principal, Hale Capital, LLC discusses key trends: Basel II implications,
cost of capital, currency issues, inflation/deflation, jobs/jobless
recovery, cultural/political difference PLUS what the major drivers
of investment decisions are today. Director, International Finance,
RR Donnelley covers the latest developments/best practices in measuring/managing
corporate international risk PLUS how to apply risk management
tools to key emerging markets of China, Mexico/South America, and
India. Principal, William Blair & Company, LLC focuses on the cross-border
investment banking trends in Europe PLUS how the changing dollar
vs. Euro impacts transactions. Senior Managing Director, Strategy & Business
Development, Ritchie Capital Management, presents the global macro
450 North Cityfront Drive
Map on how to reach Gleacher Center
Mark A. Timmerman
Paul S. Wolfe
Barbara J. Zepp
Business casual to business attire is appropriate. You do not need to be a GSB alum to attend plus guests are also welcome provided everyone registers their attendance in advance.
David D. Hale is a Chicago based economist who works with investment management companies and multinational companies in North America, Europe, Asia, Australia, and South Africa. He is the founding chairman of Hale Advisors and ChinaOnline. He formerly worked as chief economist for Kemper Financial Services from 1977 to 1995 and Zurich Financial Services which he joined as chief economist when it purchased Kemper in 1995. As chief economist for Zurich, he advised the group's fund management and insurance operations on the economic outlook and a wide range of public policy issues. He also continues to consult with the group's affiliates in North America, Britain, and Australia.
Mr. Hale holds a B.Sc. degree in international economic affairs from the Georgetown University School of Foreign Service and a M.Sc. degree in economics from the London School of Economics. Mr. Hale is a member of the National Association of Business Economists and the New York Society of Security Analysts. He writes on a broad range of economic subjects and his articles have appeared in the Wall Street Journal, The Far Eastern Economic Review, The Financial Times of London, The New York Times, The Nihon Kezai Shimbun, The Financial Analyst Journal, The Harvard Business Review, Foreign Policy and other publications. In 1978, he was appointed a member of the Financial Accounting Standards Board Task Force on the Conceptual Framework (for accounting standards) because of articles he wrote on inflation accounting. He has frequently testified before Congressional committees on domestic and international economic policy issues and done briefings for senior officials in the executive branch, including President Bush. Since 1990, he also has been a consultant to the U.S. Department of Defense on how changes in the global economy are affecting U.S. security relationships.
In September 1990, the New York chapter of the National Association of Business Economists conferred upon Mr. Hale the William F. Butler Award. This award is conferred annually by the society upon a business economist who has made an outstanding contribution to the field. Other recipients have included Paul Volcker, Geoffrey Moore, Lawrence Klein, Alan Greenspan, and Otto Eckstein. Mr. Hale is a member of the Academic Advisory Board of the Federal Reserve Bank of Chicago and the Hong Kong Monetary Authority as well as a variety of government and private sector economic policy research groups in Washington, Tokyo, and Berlin. Mr. Hale also maintains close ties to his native state of Vermont and has served on advisory boards in its state government, including the Governor's Commission on Property Tax Reform (1988-89) and the Governor's Council of Economic Advisors (1991-92).
Mark A. Timmerman is Principal and Head of the Consumer and Industrial Group of William Blair & Company, whom he joined in 1986 and became a Principal of the firm in 1991. Mark is also co-head of the International Corporate Finance Group based in London and managed the London office from there for two years. While at William Blair & Company, he has completed more than 250 transactions including: initial public offerings, secondary offerings, public company mergers, private company sales, and private equity placements. He serves as a director of Paterno Wines International, and past director of DIY and Prophet 21 (both publicly traded companies) and is past president of the Auxiliary Board of Northwestern Memorial Hospital in Chicago. He is also a member of the Chicago Club, Economic Club of Chicago, and Executive Club of Chicago. Mark received his B.A. from the University of Chicago in 1983 and his M.B.A. from Harvard Business School in 1986.
Paul S. Wolfe joined the firm full-time in January 2001 after first serving Ritchie Capital in an advisory role. From 1997 to 2000, Mr. Wolfe was G.E. Capital's Director of Business Development, where he served on the board of three of G.E. Capital's overseas investment companies and also acted as the Integration Manager for certain acquired companies. Prior to that, Mr. Wolfe worked at the strategy consulting firm, Bain and Company, and at the National Security Archive in Washington, D.C. Mr. Wolfe holds an M.B.A. in Finance and Business Strategy from the University of Chicago Graduate School of Business and a B.A. in Economics from Williams College.
Barbara J. Zepp has over fourteen years of experience in international business. Since 2002, she has served as RR Donnelley's Director of International Finance, leading the finance activities of three business units comprising over $400M sales in more than ten countries. Prior to RR Donnelley, Barbara worked for FMC Corporation and FMC Technologies, Inc. in various international finance roles. Among other responsibilities, she served as Director of Finance for FMC's Mexico operations, and managed the company's worldwide foreign exchange derivatives hedging portfolio, in excess of $1Bn nominal value.
Barbara received her Chartered Financial Analyst (CFA) certification in 2001, and is a member of the University of Illinois Center for International Business Education and Research (CIBER) Business Advisory Council. Barbara is fluent in Spanish, and has lived in Mexico City and Santo Domingo, Dominican Republic, as well as various U.S. locations. She received her B.A. in Spanish from the University of Virginia, and her M.B.A. in Finance and Operations Management from the Wharton School of the University of Pennsylvania.