Jack Perkowski
Encyclopedia
Jack Perkowski is a Wall Street
veteran, author, and the founder and Managing Partner of JFP Holdings, Ltd. He is also the former CEO
and Chairman of the Board of ASIMCO Technologies
, an automotive components company in China. Despite not being able to speak Chinese, he is known as "Mr. China" after the Tim Clissold
book which detailed his leading role in investing over $400 million in China as the country first opened up to foreign direct investment
.
, Jack Perkowski is a graduate of North Catholic High School
. He attended Yale University
on a football
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
, where he received an MBA degree with high distinction and was designated a Baker Scholar. He spent 21 years as an investment banker at Paine Webber
, 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"
.
In 1994, Jack Perkowski founded ASIMCO (Chinese: 亚新科集团 Yaxinke), an automotive components company based in Beijing
, China
. 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, Jack Perkowski established JFP Holdings, a merchant bank for China, to help global companies develop and implement their China strategies and to assist Chinese companies develop global footprints.
Jack Perkowski was featured in the best-selling book The World Is Flat: A Brief History of the Twenty-first Century
by journalist and Pulitzer Prize winning author Thomas Friedman
. In 2008, he authored Managing the Dragon: How I’m Building a Billion Dollar Business in China, published by Crown Business.
Wall Street
Wall Street refers to the financial district of New York City, named after and centered on the eight-block-long street running from Broadway to South Street on the East River in Lower Manhattan. Over time, the term has become a metonym for the financial markets of the United States as a whole, or...
veteran, author, and the founder and Managing Partner of JFP Holdings, Ltd. He is also the former CEO
Chief executive officer
A chief executive officer , managing director , Executive Director for non-profit organizations, or chief executive is the highest-ranking corporate officer or administrator in charge of total management of an organization...
and Chairman of the Board of ASIMCO Technologies
ASIMCO Technologies
ASIMCO Technologies is a large independent automotive components manufacturer head quartered in Beijing, China. With sales in excess of US$500 million the company is one of the largest producers of automotive components in China with 10 manufacturing operation, 52 sales offices and roughly 900...
, an automotive components company in China. Despite not being able to speak Chinese, he is known as "Mr. China" after the Tim Clissold
Tim Clissold
Tim Clissold is an author of a memoir detailing how he helped Wall Streeter Jack Perkowski invest over $400 million in mainland China as the country first opened up to foreign direct investment. Clissold briefly served as President of the foreign-invested Asimco before parting company from...
book which detailed his leading role in investing over $400 million in China as the country first opened up to foreign direct investment
Foreign direct investment
Foreign direct investment or foreign investment refers to the net inflows of investment to acquire a lasting management interest in an enterprise operating in an economy other than that of the investor.. It is the sum of equity capital,other long-term capital, and short-term capital as shown in...
.
Biography
Originally from Pittsburgh, PennsylvaniaPennsylvania
The Commonwealth of Pennsylvania is a U.S. state that is located in the Northeastern and Mid-Atlantic regions of the United States. The state borders Delaware and Maryland to the south, West Virginia to the southwest, Ohio to the west, New York and Ontario, Canada, to the north, and New Jersey to...
, Jack Perkowski is a graduate of North Catholic High School
North Catholic High School
North Catholic High School is a private Catholic high school located on Troy Hill on the Northside of Pittsburgh, Pennsylvania. The school's mascot is the Trojan and its official colors are scarlet and gold....
. He attended Yale University
Yale University
Yale University is a private, Ivy League university located in New Haven, Connecticut, United States. Founded in 1701 in the Colony of Connecticut, the university is the third-oldest institution of higher education in the United States...
on a football
American football
American football is a sport played between two teams of eleven with the objective of scoring points by advancing the ball into the opposing team's end zone. Known in the United States simply as football, it may also be referred to informally as gridiron football. The ball can be advanced by...
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
Harvard Business School is the graduate business school of Harvard University in Boston, Massachusetts, United States and is widely recognized as one of the top business schools in the world. The school offers the world's largest full-time MBA program, doctoral programs, and many executive...
, where he received an MBA degree with high distinction and was designated a Baker Scholar. He spent 21 years as an investment banker at Paine Webber
Paine Webber
Paine Webber and Company was an American stock brokerage and asset management firm that was acquired by the Swiss bank UBS AG in 2000. The company was founded in 1880 in Boston, Massachusetts, by William Alfred Paine and Wallace G. Webber. Operating with two employees, they leased premises at 48...
, 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 (1987)
In finance, Black Monday refers to Monday October 19, 1987, when stock markets around the world crashed, shedding a huge value in a very short time. The crash began in Hong Kong and spread west to Europe, hitting the United States after other markets had already declined by a significant margin...
.
In 1994, Jack Perkowski founded ASIMCO (Chinese: 亚新科集团 Yaxinke), an automotive components company based in Beijing
Beijing
Beijing , also known as Peking , is the capital of the People's Republic of China and one of the most populous cities in the world, with a population of 19,612,368 as of 2010. The city is the country's political, cultural, and educational center, and home to the headquarters for most of China's...
, China
China
Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...
. 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, Jack Perkowski established JFP Holdings, a merchant bank for China, to help global companies develop and implement their China strategies and to assist Chinese companies develop global footprints.
Jack Perkowski was featured in the best-selling book The World Is Flat: A Brief History of the Twenty-first Century
The World Is Flat
The World Is Flat: A Brief History of the Twenty-First Century is an international bestselling book by Thomas Friedman that analyzes globalization, primarily in the early 21st century. The title is a metaphor for viewing the world as a level playing field in terms of commerce, where all competitors...
by journalist and Pulitzer Prize winning author Thomas Friedman
Thomas Friedman
Thomas Lauren Friedman is an American journalist, columnist and author. He writes a twice-weekly column for The New York Times. He has written extensively on foreign affairs including global trade, the Middle East, and environmental issues and has won the Pulitzer Prize three times.-Personal...
. In 2008, he authored Managing the Dragon: How I’m Building a Billion Dollar Business in China, published by Crown Business.