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SUMMARY OF QUALIFICATIONS
My
clients and associates find me to be an effective communicator, creative in solving complex problems,
diligent and hands-on team-player, accustomed to multiple assignments, capable
project leader, experienced in
international and China ventures, and someone who meets deadlines and gets the job done.
International
& U.S. Expertise
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Global
Business Development:
corporate and strategic planning; critical need/opportunity identification; expansion and productivity improvement;
sales and marketing support; U.S. and international programs.
Financial Analysis:
financial
analysis and modeling; market, risk and overall project assessment; proposal writing and
presentation.
M&A and
Private Equity:
deal origination; partner introductions; valuation; due diligence; structuring;
negotiations; investment project management; board oversight.
Project Sectors:
medical devices, pharmaceuticals, healthcare,
telecom, electronics, information technology, media,
logistics, food processing,
consumer goods, retail, franchising, insurance, automotive, hardware, appliances, machine tools,
plastics, infrastructure, management consulting and venture capital.
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Interdisciplinary
background including finance and applied economics. Consensus builder, highly motivated,
persistent and creative. Effective in
reducing risk and maximizing potential profit. International experience with
particular focus on China and Asia (including Japan) and a working knowledge of
Chinese.
BUSINESS EXPERIENCE
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8/01
to
Present
&
12/98 to
7/00
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Managing
Director, Paul H. Folta & Associates,
LLC, Basking Ridge, NJ, which provides consulting in international and
U.S. corporate business
development, strategy, finance and management.
To
expand business globally: conducted international market
studies; wrote business plans; introduced international partners to U.S. companies in healthcare,
pharmaceuticals, medical equipment and other manufacturing and service industries. Results:
arranged U.S.-Korean technology licensing agreement; developed plans to invest in
Chinese medical device company; set up program to partner with
pharmaceutical distributors in Asia and Latin America and to reduce costs by
assembling a drug delivery device in China.
To
find partners and raise funds: arranged introductions to investors and strategic
partners; developed business plans; advised on investment structures for
electronics, internet ticketing, healthcare and building supply companies. Results: facilitated international
partnering; helped raise over $3.5 million.
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7/00
to
8/01
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Vice
President, Hemo Concepts,
Inc., Union, NJ, which delivers blood conservation program
management and technical services to hospitals.
To
raise capital: created financial model; wrote business plan, private placement memorandum and
presentation materials; contacted investors. Results: arranged
initial funding; received multiple written indications of interest in second round financing from
established venture capital firms.
To
provide financial, management and marketing tools: built financial
models; oversaw development of an information system. Results:
quantified the
benefits of outsourced services; completed
design and specifications of an IT system that led to decision to apply for patent.
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8/97
to
11/98
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Director,
ABN AMRO Asia Capital Investment, Ltd., Hong
Kong, which is
a leading European bank and global financial institution, among the
largest foreign banks in the U.S.
Assisted in building the
group’s Asian venture capital investment practice.
Headed
activities in China, Taiwan and Hong Kong. Managed project teams of
between two and four professionals.
To source,
develop and reduce risk in investment projects in China and other Asian
countries: directed teams; identified opportunities; introduced industry
partners; conducted due diligence; performed valuations; wrote proposals; negotiated private
equity investments in healthcare,
manufacturing, telecom and plastics projects among others. Results:
originated multiple deals; obtained preliminary approvals on 15
projects; invested $45 million in three projects.
To
monitor investee companies: served on Boards of Taiwanese PC and Chinese
drug companies. Results:
approved over $15 million of investments; arranged successful
exit of investment.
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1995
to
8/97
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Managing
Director, CHINA ACCESS INVESTMENT &
TRADE, Ltd., Hong Kong. Set
up this firm to develop investment projects and to provide financial and
trade advice.
To exploit
a new market: developed plan and selected
partners for a vehicle assembly operation in China; wrote
fund-raising proposals; sourced Chinese products. Results: $7 million invested
in a successful joint venture start-up in Beijing; sourced higher
quality and lower cost Chinese products.
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1992
to
1995
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Investment
Manager, AMERICAN
INTERNATIONAL GROUP Investment
Corp., Inc., Hong Kong (1994-95) and New York
City (1992-93). AIG is a leading global insurance and financial
institution.
In
Hong Kong, responsible for sourcing, developing and negotiating private
equity investment projects throughout China. In New York, conducted
investment oversight, portfolio management and fund raising.
To
expand Chinese hardware venture ($47 million sales): headed project to
introduce and negotiate with Yale Security Inc. to upgrade the venture's
technology and expand sales. Results: developed a successful $50
million investment project ($7.5 million invested by AIG funds).
To source and develop
investment opportunities: identified, conducted due
diligence on and negotiated investments in numerous industries. Results:
invested $6
million in a retail project; received
approvals to invest $45 million in two telecom ventures in China
(Motorola and Comcast).
To raise
capital for investment funds: conducted investment performance review to establish track
record; prepared presentations; wrote prospectuses. Results: helped
team raise over $1.2 billion combined
for private equity, listed company and infrastructure funds.
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1986
to
1991
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Independent Business and Government Consultant to Pacific Rim Services
(PRS); Science Applications International Corp. (SAIC); Blue Cross and Blue Shield of Washington, D.C.;
the United States Government
(dept. of defense and u.s.
congress, Ota consultant;
dept. of commerce and arms
control and disarmament agency intern).
To target and strategize
acquisitions of U.S. companies for Asian investors: clarified Indian (Tata) and Japanese (Marubeni) clients’
needs and identified attractive U.S. target companies. Results: introduced PRS’
clients to U.S. technology
leaders and companies in animation software, foods, healthcare,
biotechnology, microelectronics, and computer peripherals and
components.
For U.S.
Government: conducted threat assessment studies, including U.S.
economic competitiveness and Chinese and Japanese technology transfer (SAIC). Results:
published studies; prepared analysis and briefs for Congress.
To strategize an entry into China’s highly regulated health insurance
market: interviewed key people and conducted research. Developed
strategy outline based on successful market entry by other similar
industries. Results: strategy accepted by Blue Cross; asked to provide a
detailed implementation plan.
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EDUCATION
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Corporate
Finance & Accounting, SETON HALL UNIVERSITY & RUTGERS UNIVERSITY.
Ph.D., International Economics/Chinese
Studies/Strategic Affairs, JOHNS HOPKINS SCHOOL OF ADVANCED INTERNATIONAL
STUDIES, 1983 to 1989.
Intensive Chinese Language, NATIONAL
NORMAL UNIVERSITY, Mandarin Training Center, Taipei, Taiwan, 1983.
M.A., International Relations, GEORGETOWN
UNIVERSITY, 1979 to 1981.
B.A., Political Science with Economics
concentration, GORDON COLLEGE, 1975 to 1979.
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TALKS,
PUBLICATIONS & PERSONAL
Presented
talk on "China Expansion: Rationale & Strategies," 2008.
Published: "Business Structures to Overcome
Obstacles in China," The Innovators, July 2004; "The Rise of Venture Capital in China: Context and
Cases," China Business Review, Nov./Dec. 1999; From Swords to Plowshares? (Westview, 1992) on China’s industry
with case studies; and four other articles.
Married,
three children. Non-profit
activities. Worldwide travel. Lived in
Korea, Taiwan and Hong Kong. Working knowledge of Chinese; limited Korean and Japanese.
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