MANAGEMENT BIOGRAPHY: HAMID LADJEVARDI
Hamid Ladjevardi is chairperson of American Baltic Investments, a company that identifies, develops, and arranges capital for targeted investment in the Baltic countries, with a focus on energy, finance, real estate, and transit logistics.
Previously, Ladjevardi was co-founder and manager of Baltic Fund I, L.P. (1994-2002), the first and longest running private equity fund in the Baltics. His responsibilities included managing and operating the fund – including setting up offices in New York, Estonia, Latvia, and Lithuania – and serving on the supervisory boards of major invested companies including several of the largest banks.
Prior to co-founding Baltic Fund I, Ladjevardi was vice president of Morgan Stanley & Company, Inc., where he served as a portfolio manager and market advisor for 12 years. As a portfolio manager, he managed funds in equities, fixed income, and currencies for institutions and high net worth families in the United States, Europe, and the Middle East. As a market advisor, he advised clients on the state of the U.S. economy and provided them with forecasts on the U.S. stock markets, interest rates, major currencies, and oil prices.
Ladjevardi previously held senior management positions at the Behshahr Industrial Group in Iran, which his family managed and controlled. One of the largest and most diverse private-sector groups of enterprises in that country, the Behshahr Industrial Group was active in banking and insurance, textiles, consumer goods, mining, trade, and distribution, and had extensive trading operations with the United States, Germany, and Japan.
Ladjevardi also served as vice president of finance, and on the executive committee and board, of Akam Group of Companies, which was active in construction, building materials, real estate, and new business development. As part of the executive committee, Ladjevardi negotiated with many of the group’s joint venture partners and was subsequently involved in the management of those companies.
Ladjevardi graduated from the University of California at Berkeley with a bachelor’s degree in economics and political science and proceeded to receive his M.B.A. from Harvard Business School. He is a sought-after speaker on private equity investment, risk management, and corporate governance in the Baltics, and his work on public policies for developing countries has appeared in a range of media outlets. He has been listed in numerous publications, including Marquis’ Who’s Who in the World, Who’s Who in America, and Who’s Who in Finance & Industry.
Ladjevardi is a passionate and energetic philanthropist, continuing a strong family tradition. In the 1950s, his family established the Ladjevardi Charitable Foundation, the largest private foundation in Iran, which built or supported more than 100 schools and cultural centers. All the assets of the Ladjevardi family were permanently confiscated by the Islamic Republic of Iran in 1979 and 1980.
Among his many charitable activities, Ladjevardi is a knowledgeable and passionate proponent of the arts. In 1973, he co-created and co-curated with his brother, Ali Ladjevardi, the Ladjevardi-Behshahr Art Collection, one of the most comprehensive and important collections of contemporary Iranian paintings.
In 2000, he conceived and organized the touring Baltic Art Exhibition in the United States, which won the Best International Project of the Year prize from the Latvian Artists Union and Cultural Capital Foundation of Latvia, and the Important Contemporary Artists of Latvia Exhibition, which toured to New York, Washington D.C., Chicago, and Riga, Latvia.
Ladjevardi is co-chairman of the U.S.-Baltic Foundation, which promotes democracy, free markets, investments, and cultural exchange between the United States and the Baltic States. He serves as the advisory board chair of the Latvian Foster Family Association, which promotes the welfare of foster families and the de-institutionalization of childcare in Latvia and is on the board of the U.S. based non-profit organization The Kids First Fund, which supports abused or abandoned children in Latvia and Moldova.
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© 2004 American Baltic Investments