Jean Salata
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Jean Salata
Jean Eric Salata (; born 22 December 1965) is a Chilean businessman based in Hong Kong. He is the founder of Baring Private Equity Asia (BPEA), one of the largest private equity firms in Asia. In February 2023, Forbes put his net worth at US$5.9 billion making him the second richest person in Chile and the 15th richest person in Hong Kong. Early life Salata was born in Chile on 22 December 1965, to Orlando Salata and Hilda Rothleder. His family's roots trace back to Austria, Poland, and Germany, as his parents were emigrants who sought refuge from Nazism in the 1930s. Salata and his family moved to Erie, Pennsylvania when he was five. He started investing in the stock market when he was 12 to 13. Salata graduated from Cathedral Preparatory School in 1984. In 1988, Salata graduated magna cum laude with a Bachelor of Science in Finance and Economics from the Wharton School of the University of Pennsylvania. Career After graduation, Salata worked for Bain & Company ...
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Baring Private Equity Asia
Baring Private Equity Asia (BPEA) was an Asian investment firm headquartered in Hong Kong. It was founded in 1997 as an affiliate of Barings Bank before becoming an independent firm in 2000. In 2022, it was acquired by EQT AB to act as its Asian investment platform. It was subsequently renamed to BPEA EQT and then EQT Private Capital Asia. History BPEA was founded in 1997 as a subsidiary of Baring Private Equity Partners which was an affiliate of Barings Bank. In addition to BPEA, the affiliates of Baring Private Equity Partners include Baring Vostok Capital Partners, Baring Private Equity Partners India and GP Investments. Jean Salata and two other senior colleagues from the investment arm of American International Group, AIG were set to run it with the ING Group providing $300 million in seed money. However, the two colleagues pulled out and ING downsized its commitment to $25 million due to the collapse of Barings Bank and the Asian financial crisis. However, des ...
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Seed Money
Seed money, also known as seed funding or seed capital, is a form of securities offering in which an investor puts capital in a startup company in exchange for an equity stake or convertible note stake in the company. The term ''seed'' suggests that this is a very early investment, meant to support the business until it can generate cash of its own (see cash flow), or until it is ready for further investments. Seed money options include friends and family funding, seed venture capital funds, angel funding, and crowdfunding. Usage Traditionally, companies that have yet to meet listing requirements or qualify for bank loans, recognize VC as providers of financial support and value added services. Seed money can be used to pay for preliminary operations such as market research and product development. Investors can be the founders themselves, using savings and loans. They can be family members and friends of the founders. Investors can also be outside angel investors, venture ...
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Living People
Purpose: Because living persons may suffer personal harm from inappropriate information, we should watch their articles carefully. By adding an article to this category, it marks them with a notice about sources whenever someone tries to edit them, to remind them of WP:BLP (biographies of living persons) policy that these articles must maintain a neutral point of view, maintain factual accuracy, and be properly sourced. Recent changes to these articles are listed on Special:RecentChangesLinked/Living people. Organization: This category should not be sub-categorized. Entries are generally sorted by family name In many societies, a surname, family name, or last name is the mostly hereditary portion of one's personal name that indicates one's family. It is typically combined with a given name to form the full name of a person, although several give .... Maintenance: Individuals of advanced age (over 90), for whom there has been no new documentation in the last ten ...
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1965 Births
Events January–February * January 14 – The First Minister of Northern Ireland and the Taoiseach of the Republic of Ireland meet for the first time in 43 years. * January 20 ** Lyndon B. Johnson is Second inauguration of Lyndon B. Johnson, sworn in for a full term as President of the United States. ** Indonesian President Sukarno announces the withdrawal of the Indonesian government from the United Nations. * January 29 – Tampere Ice Stadium, Hakametsä, the first ice rink of Finland, is inaugurated in Tampere. * January 30 – The Death and state funeral of Winston Churchill, state funeral of Sir Winston Churchill takes place in London with the largest assembly of dignitaries in the world until the 2005 funeral of Pope John Paul II. * February 4 – Trofim Lysenko is removed from his post as director of the Institute of Genetics at the Russian Academy of Sciences, Academy of Sciences in the Soviet Union. Lysenkoism, Lysenkoist theories are now tr ...
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List Of Chileans By Net Worth
This is a list of Chilean billionaires based on an annual assessment of wealth and assets compiled and published by ''Forbes'' magazine in 2023. 2023 Chilean billionaires list See also * The World's Billionaires * List of countries by the number of billionaires References {{DEFAULTSORT:Chilean billionaires by net worth Chile Net worth Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. Financial assets minus outstanding liabilities equal net financial assets, so net w ... ...
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Harvard University
Harvard University is a Private university, private Ivy League research university in Cambridge, Massachusetts, United States. Founded in 1636 and named for its first benefactor, the History of the Puritans in North America, Puritan clergyman John Harvard (clergyman), John Harvard, it is the oldest institution of higher learning in the United States. Its influence, wealth, and rankings have made it one of the most prestigious universities in the world. Harvard was founded and authorized by the Massachusetts General Court, the governing legislature of Colonial history of the United States, colonial-era Massachusetts Bay Colony. While never formally affiliated with any Religious denomination, denomination, Harvard trained Congregationalism in the United States, Congregational clergy until its curriculum and student body were gradually secularized in the 18th century. By the 19th century, Harvard emerged as the most prominent academic and cultural institution among the Boston B ...
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Mary D'Angelo Performing Arts Center
The Mary D'Angelo Performing Arts Center is part of Mercyhurst University. Quick Facts *The Mary D'Angelo Performing Arts Center is located at Mercyhurst University in Erie, Pennsylvania. *It holds 792 along with the box seats which hold 24, totaling 816 seats. *The Mary D’Angelo Performing Arts Center was the first theater in the U.S. to use geothermal energy to heat and cool its facility. *The chandeliers that hang over the opera boxes are exactly the same chandeliers that hang in the Metropolitan Opera House in NYC. They were made in Austria from pure Crystal. History The Mary D’Angelo Performing Arts Center opened in February 1996. The first concert featured pianist André Watts. During a blizzard, Watts took the stage to perform in front of nearly 800 people on a piano that was shipped to them from Pittsburgh. In the middle of his performance, Watts stood up and the audience stared in confusion as the piano continued to play. Turns out the piano keys were frozen an ...
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Barber National Institute
The Barber National Institute (formerly the Barber Center) is a nonprofit, multi-faceted organization that provides services to more than 5,400 children, adults, and families who are faced with autism, intellectual disabilities, and behavioral health challenges. The Institute's central facility was founded in 1952 and is located in Erie, Pennsylvania. The Barber National Institute now employs more than 3,000 staff members throughout the state. History The Barber National Institute was founded in 1952 by the late Dr. Gertrude A. Barber. An educator and administrator in the Erie City School District in Erie, Pennsylvania, Dr. Barber, along with a small group of local teachers and parents, opened a one-classroom school in the local YMCA for children with developmental disabilities. As programs expanded, the City of Erie leased its former communicable disease hospital to the Barber Center in 1958. The first permanent location for the programs, this site formed what has become ...
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University Of Chile
The University of Chile () is a public university, public research university in Santiago, Chile. It was founded on November 19, 1842, and inaugurated on September 17, 1843.Fuentes documentales y bibliográficas para el estudio de la historia de Chile. Capítulo III: "La Universidad de Chile 1842 – 1879". 1. La ley orgánica de 1842
''uchile.cl''.
It is the oldest university in the country. It was established as the continuation of the former colonial Royal University of San Felipe (1738)
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University Of Pennsylvania
The University of Pennsylvania (Penn or UPenn) is a Private university, private Ivy League research university in Philadelphia, Pennsylvania, United States. One of nine colonial colleges, it was chartered in 1755 through the efforts of founder and first president Benjamin Franklin, who had advocated for an educational institution that trained leaders in academia, commerce, and public service. The university has four undergraduate schools and 12 graduate and professional schools. Schools enrolling undergraduates include the College of Arts and Sciences, the University of Pennsylvania School of Engineering and Applied Science, School of Engineering and Applied Science, the Wharton School, and the University of Pennsylvania School of Nursing, School of Nursing. Among its graduate schools are its University of Pennsylvania Law School, law school, whose first professor, James Wilson (Founding Father), James Wilson, helped write the Constitution of the United States, U.S. Cons ...
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Management Buyout
A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management- and/or leveraged buyouts became noted phenomena of 1980s business economics. These so-called MBOs originated in the US, spreading first to the UK and then throughout the rest of Europe. The venture capital industry has played a crucial role in the development of buyouts in Europe, especially in smaller deals in the UK, the Netherlands, and France. Overview Management buyouts are similar in all major legal aspects to any other acquisition of a company. The particular nature of the MBO lies in the position of the buyers as managers of the company and the practical consequences that follow from that. In particular, the due diligence process is likely to be limited as the buyers already have full knowledge of the company available to them. The seller is also unlikely to give any but the most ...
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Mphasis
Mphasis Limited is an Indian multinational information technology service and consulting company based in Bengaluru. The company provides infrastructure technology and applications outsourcing services, as well as architecture guidance, application development and integration, and application management services. It serves financial services, telecom, logistics, and technology industries. Mphasis was ranked #7 in Indian IT companies and overall #189 by Fortune India 500 in 2019. In April 2016, Hewlett Packard Enterprise sold the majority of its stake in Mphasis to Blackstone Group LP for around US$1 billion. History Formation and early years Mphasis was formed in June 2000 after the merger of the US-based IT consulting company Mphasis Corporation (founded in 1998 in Santa Monica by Jerry Rao and Jeroen Tas.) and the Indian IT services company BFL Software Limited (founded in 1992). In June 2006 Electronic Data Systems (EDS) purchased a controlling stake in the company (4 ...
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