Jack Perkowski is a

Wall Street Wall Street is a street in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City. It runs eight city blocks between Broadway (Manhattan), Broadway in the west and South Street (Manhattan), South Str ...

veteran, author, and the founder and Managing Partner of JFP Holdings, Ltd. He is also the former

CEO A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

and

Chairman of the Board The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a Board of directors, board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by ...

of ASIMCO Technologies, an automotive components company in China.

Early life and education

Originally from

Pittsburgh Pittsburgh ( ) is a city in Allegheny County, Pennsylvania, United States, and its county seat. It is the List of municipalities in Pennsylvania#Municipalities, second-most populous city in Pennsylvania (after Philadelphia) and the List of Un ...

Pennsylvania Pennsylvania, officially the Commonwealth of Pennsylvania, is a U.S. state, state spanning the Mid-Atlantic (United States), Mid-Atlantic, Northeastern United States, Northeastern, Appalachian, and Great Lakes region, Great Lakes regions o ...

, Perkowski is a graduate of

North Catholic High School North Catholic High School is a private Catholic Church, Catholic high school located in Cranberry Township, Butler County, Pennsylvania. The school's mascot is the Troy, Trojan, and its colors are scarlet and gold. History North Catholic High S ...

. He attended

Yale University Yale University is a Private university, private Ivy League research university in New Haven, Connecticut, United States. Founded in 1701, Yale is the List of Colonial Colleges, third-oldest institution of higher education in the United Stat ...

on a

football Football is a family of team sports that involve, to varying degrees, kick (football), kicking a football (ball), ball to score a goal (sports), goal. Unqualified, football (word), the word ''football'' generally means the form of football t ...

scholarship and received the Gordon Brown Memorial Prize, which is awarded each year to the outstanding member of the Junior Class. After graduating from Yale in 1970, he attended

Harvard Business School Harvard Business School (HBS) is the graduate school, graduate business school of Harvard University, a Private university, private Ivy League research university. Located in Allston, Massachusetts, HBS owns Harvard Business Publishing, which p ...

, where he received an

MBA A Master of Business Administration (MBA) is a professional degree focused on business administration. The core courses in an MBA program cover various areas of business administration; elective courses may allow further study in a particular a ...

degree with high distinction and was designated a Baker Scholar.

Career

Perkowski spent 21 years as an

investment banker Investment banking is an advisory-based financial service for institutional investors, corporations, governments, and similar clients. Traditionally associated with corporate finance, such a bank might assist in raising financial capital by unde ...

Paine Webber PaineWebber & Co. was an American investment bank and stock brokerage firm that was acquired by the Swiss bank UBS in 2000. The company was founded in 1880 in Boston, Massachusetts, by William A. Paine and Wallace G. Webber. Operating with two ...

, where he raised $300 million of equity for Paine Webber in the immediate aftermath of the stock market crash of October 19, 1987 known as

Black Monday Black Monday refers to specific Mondays when undesirable or turbulent events have occurred. It has been used to designate massacres, military battles, and stock market crashes. Historic events *1209, Dublin – when a group of 500 recently arriv ...

.Premiere Speakers Bureau
/ref> In 1994 Perkowski founded ASIMCO (), an automotive components company based in

Beijing Beijing, Chinese postal romanization, previously romanized as Peking, is the capital city of China. With more than 22 million residents, it is the world's List of national capitals by population, most populous national capital city as well as ...

China China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...

. Under Perkowski's leadership, ASIMCO was twice named one of the “Ten Best Employers in China,”ranking third, in the last survey conducted by Hewitt Associates and ''21st Century Business Herald''. In 2008, he was named one of "30 Outstanding Entrepreneurs in China's Auto Components Industry Over the Country's 30 Years of Economic Reform," by ''China Auto News'', the only foreigner to receive such distinction. In 2009 Perkowski established JFP Holdings, a

merchant bank A merchant bank is historically a bank dealing in commercial loans and investment. In modern British usage, it is the same as an investment bank. Merchant banks were the first modern banks and evolved from medieval merchants who traded in comm ...

for China, to help global companies develop and implement their China strategies and to assist Chinese companies develop global footprints. Perkowski was mentioned in ''The World Is Flat: A Brief History of the Twenty-first Century'' by journalist and Pulitzer Prize winning author

Thomas Friedman Thomas Loren Friedman ( ; born July 20, 1953) is an American political commentator and author. He is a three-time Pulitzer Prize winner who is a weekly columnist for ''The New York Times''. He has written extensively on foreign affairs, global ...

. In 2008, he authored ''Managing the Dragon: How I’m Building a Billion Dollar Business in China,'' published by Crown Business. Periodically, Perkowski contributes to the Morning Whistle newspaper owned by 21st Century Media.

''Mr. China''

Perkowski's business conduct is the subject of Tim Clissold book ''Mr. China'' published 2009. The book details how the

private equity Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the co ...

fund Perkowski ran invested over US$400 million into China during the

economic reform in the People's Republic of China Reform and opening-up ( zh, s=改革开放, p=Gǎigé kāifàng), also known as the Chinese economic reform or Chinese economic miracle, refers to a variety of microeconomic reform, economic reforms termed socialism with Chinese characteristics ...

within a

foreign direct investment A foreign direct investment (FDI) is an ownership stake in a company, made by a foreign investor, company, or government from another country. More specifically, it describes a controlling ownership an asset in one country by an entity based i ...

framework. The book chronicled the numerous ways the fund lost money.Gady A. Epstein
China flies the flag
''Forbes'', April 25, 2008, In the end, the fund lost almost all of its money.Scott Cendrowski
Businesses Going Into China Need to Know These Rules First
Fortune, December 3, 2016

Published books

*''Managing the Dragon: How I’m Building a Billion Dollar Business in China'' (Crown Business; 2008)

References

External links

Managing the DragonJFP Holdings website
{{DEFAULTSORT:Perkowski, Jack Living people Economy of China Harvard Business School alumni American male writers Yale University alumni American chief executives Year of birth missing (living people)