At its discretion, the Center will provide qualified advisers to help your corporation value itself or part of its operations. Such a valuation is of use when a corporation faces a merger or an acquisition, finds itself in a distressed situation, or simply wants to raise funds advantageously. Please let us know how we might help you. In addition to producing corporate benefits, you will be helping qualified graduate student exercise their skills in valuation.
Our Board of Advisors includes four individuals who contribute considerable time and intellectual capital to help guide the Center and are heavily invested in promoting its success. These individuals serve as both ongoing advisors and a continuing resource for our activities:
Mr. Charlie Bahr, president of Bahr International, Inc. a Dallas-based turnaround company that has assisted more than one hundred troubled firms. A graduate of Harvard Business School, Mr. Bahr serves on its Board of Advisors.
Mr. Chris Haire purchased a lubricants subsidiary from Fina USA, turned it around over a period of years and sold it to TOTAL USA, headquartered in Houston, Texas. Subsequently, Mr. Haire served as President and CEO of TOTAL Lubricants USA Southwest for one year. Mr. Haire earned his MBA at the University of Texas at Dallas.
Mr. Ron Clements was a vice president of Lucent Technologies and part of the group that bought, turned around, and sold Saft Power Systems, a subsidiary of Lucent Technologies. He is now the owner of Clements Enterprises of Louisiana. Its subsidiaries are active in highway construction, oil and gas services and production, and agricultural products.
Mr. Brook Barefoot is Director of Sarofirm Realty Advisors which advises and invests private capital in the development and ownership of real estate projects. Mr. Barefoot, an MBA graduate of the University of Texas at Dallas, is Director of Multifamily Investments – responsible for both sourcing and underwriting.
Friends of The Center
Friends include individuals whose ideas have helped shape the Center and who continue to support the activities of the Center for Finance Strategy Innovation in very meaningful ways. We are grateful for such support and interest.
Our friends include (but are not limited to):
J. Mark Lambright
Financial Interest Group
A self-selected group of graduates from courses taught by David Springate and Elizabeth Jones have organized a “Financial Interest Group” as a Center activity. The Financial Interest Group, open to all who qualify, provides a vehicle for continuing education and professional contacts. Please contact the Center if you are interested in joining this group.
Jin Ho Cha
Our activities have been supported by:
- Financial Executives International – Dallas Chapter
- Texas Hedge Fund Association
- Turnaround Management Association – Dallas Chapter
The Center for Finance Strategy Innovation Center sponsors a number of conference, panel, and workshop programs each year. Recent programs have concentrated on private equity, hedge fund, growth capital, public-private partnerships, and turnaround topics.
2013 “Buying Neiman Marcus: The Winning Combination of a Global Investor and a Strong Brand” With Canadian Consulate of Dallas
Opening Remarks: Mike Rawlings, Mayor of Dallas
Keynote Speaker: André Bourbonnais, Senior Vice President of Private Investments, Canada Pension Plan Investment Board
Sponsor: USI Southwestern
2012 2nd Annual Private Equity Funds Symposium
Kevin Boardman, Partner, Patton Boggs LLP
Gregg Buksbaum, Partner, Patton Boggs LLP
James Cheng, President & COO, NPIC (Natural Polymer International Corp.)
Harvey Fine, Managing Director U.S. Global Investments and Strategies, Fosun
Stephen Foote, Director, Northleaf Capital Partners
Kim Garber, Co-Founder and Principal, CORE-CCO, LLC
Gus Gatzios, Managing Vice President of Strategic Access Platforms at Ontario Municipal Employees Retirement System
Micah Green, Partner, Patton Boggs LLP
R. David Kelly, Chairman, Teacher Retirement System of Texas
Roman Kikta, Managing Partner and Founder Mobility Ventures
Shoa-Kai Liu, Founding investor of RenRen
Paul Louie, North American Partner, Long March Capital
Matt O'Reilly, Chief Investment Officer, San Antonio Fire and Police Pension Fund
2012 Succeeding With Financing in a Time of Economic Uncertainty
Rick Pelini, Vice President and Treasurer of Lennox International
Henry Schopfer who has served as CFO of four public mid-sized companies
Mahesh Shetty, Chief Operating Officer and Chief Financial Officer of Encore Enterprises
David Whiting, Senior Vice President and head of Comerica Bank’s Technology and Life Services Division
Suzanne Lovett, Senior Vice President of Wells Fargo Capital Finance
2011 Private Equity Funds Symposium, Patton Boggs
Key Speaker: Ronnie Jung, Texas Teachers Retirement System
Don Moorehead, Patton Boggs
Kim Garber, US Securities and Exchange Commission
Carl Kopfinger, TD Bank
Joy Brawner, McGladrey
Suzanne Kriscunas, Riverside Company
Brett Palmer, National Association of SBIC’s
Tony Schell, Escalate Capital
Roman Kikta, Mobility Ventures
Conner Searcy, Insight Equity
2010 The Governance and Financial Tools of Public-Private Partnerships
David Leininger, Dallas Area Rapid Transit (DART)
Paul Wageman, North Texas Tollway Authority (NTTA)
Sasha N. Page, IMG
Paul N. Wageman, North Texas Tollway Authority (NTTA)
Robert M. (Bob) Brown, P.E., TXDOT
Michael Morris, P.E., Transportation Department of the North
Central Texas Council of Governments (NCTCOG)
Col. Dennis Beal, USMC (Ret.), Texas A & M University System
Hon. Cynthia Figueroa, Attorney
Paris Rutherford, Catalyst Urban Development, LLC
John N. Crew, Public Werks, Inc.
Stephen W. McCullough, Public Werks, Inc.
2010 Conference in partnership with Texas Hedge Fund Management Association
Peruvemba Satish, Allstate Investments
Todd Centurino, Teachers Retirement System
Philip Durst, TollesonWealth Management
2010 Where Will Growth Capital Come From?”
Trey Vincent, Riverside Company
Mary Jo Hoch, Capital One Bank
David Oden, Haynes and Boone
Ron Stacey, Legacy Advisors
Jorge Joramillo, ORIX Leveraged Finance
2009 Turnarounds, Restructurings, and Distressed Investing
Conner Searcy, Insight Equity
Michael Bruder, Macquarie Group
Jay Lucas, Lucas Group
Don Bibeault, Verto Partners
Harry Gray, Verto Partners
Economic Updates and Case Research
Two indexes tracking the financial health and financial flexibility of the 50 largest publicly held corporations in North Texas are updated quarterly. The series starts in 2009.
The Center is producing a series of contemporary case studies on innovative companies. Shortly, we will release the first case. It deals with innovation in the consumer packaged goods industry will be released shortly. The work will be useful to both professionals in the field and graduate students.
Analytical and Operational Support for Corporate Decision Makers
Starting and Growing Businesses
The Center provides support for the analytical needs, of both new and growing businesses, especially in the areas of funding, valuation and strategy. Parallel analytical help for government agencies that work with these businesses is provided. Both faculty and student help is available.
Turnarounds and Restructurings
The Center provides help to managers responsible for such activities. The help usually involves either analysis of current needs and gaps or the planning of operational improvements.
Enterprise and Corporate Transformation
The Center supports corporations in their transformation endeavors when the opportunity is appropriate. Such support may include diagnosis of needs, design of an integrated business plan for transformation and/or the implementation of the plan. The recent economy continues to produce many such opportunities. Recognizable names with whom we have partnered include JC Penney, Target, Fujitsu, and Tektronix.
The Center believes there is a real need for financial and business perspectives to be brought to bear in this rapidly emerging area. While relatively new to North America, the concept of designing and operating sustainable businesses finds wider use elsewhere in the world. Sustainable business refers to the balancing of human, financial and ecological concerns so that a business can serve all its stakeholders on a continuing basis. We intend to be part of the continuing evolution of this area.
For the last three years, the Center has provided faculty speakers for the Professional Development Program of the Financial Executives International Dallas Chapter.
Support for Private Equity/Venture Capital Fund Managers and Investors
The Center's capabilities and interests include the provision of professional education, analytical support, economic updates and conference/workshop activities. Analytical support can include the structuring and start-up of new funds.
Analytical Support for Public Policy Makers
Through impartial analysis in its area of expertise the Center actively supports improvements in public policy especially through public-private partnerships of different kinds and involving different levels of governments. In the areas of finance, economic development and innovation the Center is able to help frame issues and analyze needs for consideration by policy makers. The Center does not position itself as an active advocate or active promoter of specific courses of action in the public sphere. In recent years, we have partnered with the Texas Legislature, the City of Cedar Hill, and Dallas Arts District.
Graduate and Professional Education for The Jindal School of Management
The Center contributes to graduate and professional education in four major dimensions.
Development and Delivery of MBA/MS Courses
Graduate courses have been developed and are delivered in the areas of corporate renewal, private equity finance, entrepreneurial finance, turnarounds and restructurings, and international financial management. The Center is preparing to deliver further courses in the area of corporate transformations and project finance. The Center designed and delivered an experimental three credit-hour course in enterprise transformation for the Executive MBA program of the School.
Customized Individual Study
The Center pioneered the use of customized individual study opportunities developed in conjunction with outside companies which support the Center's activities. These opportunities are somewhat like internships, but allow more customization of calendar schedules, credit hours, team membership, matching of student capabilities with needs and nature of final product produced. Approximately fifteen students have used these opportunities in the last two years.
The Center serves and is allied with the Institute for Innovation & Entrepreneurship. CFSI works with the Institute in the finance/strategy sphere and provides finance and strategy academic and executive faculty members as appropriate.