Managing Partner
Steve Markscheid -
Finance | Strategy | Asia
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Senior executive active in corporate finance, governance, M&A, restructuring
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35 years of business involvement in Asia; a recognized China expert
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Deep sector expertise in clean tech, healthcare, financial services
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An extensive network of global contacts in banking, accounting, legal, private equity, and venture capital.
Biography & Expertise
Stephen Markscheid is Chairman Emeritus of KX Power, a UK based battery energy storage project developer. He serves as independent non-executive director of five publicly listed companies: Fanhua, Inc., Jinko Solar Inc., ZZ Technology Services Ltd., Monterey Capital Acquisition Corporation., and UGE International. Steve is also a trustee emeritus of Princeton-in-Asia.
From 1998-2006, Steve worked for GE Capital. During his time with GE, Steve led GE Capital's business development activities in China and Asia Pacific, primarily acquisitions and direct investments. Prior to GE, Steve worked with the Boston Consulting Group throughout Asia. Steve was a banker for ten years in London, Chicago, New York, Hong Kong and Beijing with Chase Manhattan Bank and First National Bank of Chicago. Steve began his career with the US-China Business Council, in Washington D.C. and Beijing.
Steve earned a BA in East Asian Studies from Princeton University in 1976, an MA in international affairs from Johns Hopkins University in 1980, and an MBA from Columbia University in 1991, where he was class valedictorian. He lives in suburban Chicago with his wife and three children.
Click HERE for a full resume.
GOVERNANCE
Oversight and control of management on behalf of public shareholders—corporate governance—is intrinsic to the checks and balances of a complex capitalist economy. In China this function has special importance. In recent decades, hundreds of Chinese firms have gained access to international capital markets, but with little experience in the discrete governance function. Steve is an early pioneer and a leading practitioner of corporate governance in a Chinese context.
CROSS-BORDER TRANSACTIONS
Since the opening of China to the West in the late 1970s, Chinese firms have aggressively pursued alliances with Western partners to supplement gaps in technology, market access, funding and management skill. Both private and state-owned Chinese firms now actively pursue opportunities to acquire American and European companies. Steve represents buyers and sellers in executing these transactions.
CONSULTING
Firms often require an independent view of their plans, aspirations and strategies. To mitigate risk and enhance success for a given strategy, an external consultant can effectively advance decision-making and implementation. Operating beyond the home market adds challenges and complexity.
SHARING KNOWLEDGE
Teaching and lecturing establish the foundation for better business. With over 35 years of experience in Asia, Steve’s insights are regularly sought by business leaders.
INVESTOR/ADVISOR
Start-up enterprises face unique challenges. While initial barriers to starting a company have fallen dramatically, the failure rate of these companies remains stubbornly high. One key ingredient is seasoned management experience, including an advisory board with deep expertise and access to collaboration partners.ers.