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these comments in an op-ed later that summer when members of
Congress and the Trump administration considered cutting foreign aid to Egypt over human rights concerns. In the EAEF’s 2017 annual report, Harmon stated that the “EAEF has invested 180 million and grown its portfolio to include four private companies and three investment funds…. attracted an additional USD 130 million from foreign institutional investors, doubling the impact of our efforts….and created more than 500 jobs.” Congress has authorized $ 300 million for investment in the Fund.
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275:. Harmon was confident that the emerging markets economy would soon recover. Due to these market conditions during Harmon’s tenure, the focus of the bank’s loan guarantees went from government-related to private ventures. Harmon’s term was to end in January 2001 but he was asked to extend his term through May 2001 by Vice President Dick Cheney.
170:, son of Belle Harmon (née Kirschner), a local dress shop owner and Bert Harmon, a New York real estate attorney. Among his grandparents was Bessie Hamburger, one of the first female Assistant District Attorneys in New York and a pioneer among women lawyers is domestic relations law, specifically marital relations.
363:
In August 2018, the Center for
Strategic and International Studies ("CSIS") released a report, entitled "Time for a Third Wave of Enterprise Funds," which highlighted the success of the Egyptian American Enterprise Fund and advocated for a new set of enterprise funds to be created in Central America,
355:
announced in March 2013 that the
Egyptian-American Enterprise Fund would be launched by the US. In an effort to boost Egypt’s ailing economy, the fund was to invest in small- and medium-sized Egyptian businesses. The fund was officially launched on April 24, 2013. In 2015, the EAEF made its first two
234:
as chairman of the investment banking committee. He was vice chairman at
Wertheim when he had a chance meeting with old friend and Schroder’s director Alva Way on a flight from London to New York; the ensuing conversation led to Schroder’s acquisition of a half interest of the firm in 1986. The firm
283:
His stint as head of the Ex-Im Bank was Harmon’s introduction to frontier markets. In
October 2004, Harmon founded Caravel Management, where he serves as chairman and chief investment officer. The New York-based firm invests in special situations in frontier and emerging markets, currently in Egypt
359:
In June 2017, Harmon testified before the House
Foreign Affairs Committee about the achievements of EAEF to date, offering praise for Egypt’s economic reform agenda, and encouraging Congress to explore how enterprise funds can be incorporated into the U.S. foreign policy apparatus. He reiterated
403:. In 2001, after completing his term with the bank, he was reappointed as a Questar director. In 2010, Questar spun off exploration and production businesses, Questar Market Resources, to QEP Resources. Harmon served on the board of QEP until May 2011 when he stepped down.
247:, as a way to continue growing without expanding the firm. Harmon served as chairman and CEO of Wertheim Schroder from 1986 until the end of 1995, and was the senior chairman until June 1997. He served on the board of a number of U.S. and U.K. public companies.
263:, which makes billions in loan guarantees to developing nations to purchase goods and services from the US. The US Senate confirmed the nomination on June 12, 1997. At the time, there was an emerging markets crisis, fueled by the collapse of
235:
was renamed
Wertheim Schroder & Co. The transaction allowed Wertheim to stabilize its capital base and gave the firm access to Schroder’s client base in Europe and Asia. In 1990, Wertheim Schroder sold 4.9% non-voting interests to
855:
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296:(WRI), an independent nonprofit organization founded in 1982, focused on global environmental policy research and analysis. WRI has over 1400 employees, and in addition to its main office in
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383:’ unsuccessful 1993 campaign for reelection. Harmon was Dinkins’ second-highest fundraiser, raising $ 155,300 for the mayor’s campaign. Harmon helped raise over $ 100,000 for President
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471:, to consider solutions to global water needs. He was also a member of the Advisory Committee on International Capital Markets; the nominating committee of the Board of the
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He was the US representative on the 2011 High Level Panel for
Infrastructure Investment, a panel appointed by the finance ministers and central bank governors of the
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In 2001, he founded Harmon & Co., a financial advisory firm providing services globally to private and public institutions. He serves as the company’s chairman.
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major investments in Fawry, an electronic payments platform and Sarwa
Capital, a consumer finance company, which help to promote financial inclusion in Egypt.
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In 1995, he became chairman of a newly formed company, Latin
Communications Group Inc., which invested in the Spanish language daily
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509:. The purpose of the panel was to make recommendations for the summit regarding worldwide financing and infrastructure needs.
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fund manager; founder, chairman and chief investment officer of Caravel Management LLC; longtime investment banker; and co-
371:, published an opinion piece on the EAEF, "The story of a private-equity fund shows how a U.S.-Egypt reset could begin."
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for 38 years. He spent 15 years at broker-dealer New York Hanseatic Corp, and in 1974 he joined investment banking firm
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348:. During this visit, Clinton announced that Harmon would head the new Egyptian-American Enterprise Fund ("EAEF").
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399:, an energy company focused on natural gas production and distribution. He resigned in 1997 in order to head the
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Up and Doing: Two Presidents, Three Mistakes, and One Great Weekend--Touchpoints to a Better World
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He was a member of the World Panel on Financing Water Infrastructure, formed by the
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pledged $ 1 billion in economic aid to Egypt. In July 2012, then-Secretary of State
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In 2009, he established the Harmon Family Professorship of Africana Studies at
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Rosabeth M. Kanter, Kalman D. Applbaum, Pamela A. Yatsko and Lisa K. Gabriel,
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His wife is a theatrical producer who has produced Broadway plays, including
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in 1959. He and his wife, Jane Harmon (née Theaman), were married in 1957 in
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School of International and Public Affairs at Columbia University
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Runde, Daniel F.; Bandura, Romina; Milner, Aaron (August 2019).
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In the 1980s, he served on the board of film production company
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Harmon served as finance chairman for incumbent New York Mayor
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Report of the World Panel on Financing Water Infrastructure
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A Ten-Year Strategy for Increasing Capital Flows to Africa
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Harvard Business School Case 394-053, October 1993, p. 1.
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Export-Import Bank of the United States, July 9, 1997.
889:“Questar Oks 18c dividend and announces 4 directors,”
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490:. He was a member of the boards of directors of the
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From 2002 to 2003, Harmon served as chairman of the
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795:“Egyptian-American Enterprise Fund launched: MENA,”
259:nominated Harmon for president and chairman of the
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745:World Resources Institute. Accessed June 12, 2013.
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611:World Resources Institute. Accessed June 12, 2013.
344:traveled to Egypt to meet newly elected President
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211:They have three children and four grandchildren.
183:Wharton School of the University of Pennsylvania
177:, Harmon earned a BA in English Literature from
146:. He was the 18th chairman and president of the
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447:Joint Center for Political and Economic Studies
414:, Harmon served as chairman of Chappell Music.
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130:(born October 12, 1935) is chairman of the
609:“James A. Harmon (Chairman of the Board),”
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245:Mitsubishi Trust and Banking Corporation
1086:White House Press Release, May 6, 1997.
1043:Commission on Capital Flows to Africa,
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401:Export-Import Bank of the United States
364:southeast Asia and sub-Saharan Africa.
261:Export-Import Bank of the United States
251:Export-Import Bank of the United States
148:Export–Import Bank of the United States
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1034:Africa News Service, January 23, 2002.
981:“Latin Media Group Is Ready to Tango,”
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557:"Abandonment by Bessie Hamburger.pdf"
443:Institute for International Economics
410:, and, prior to its 1987 merger with
367:In April 2019, David Ignatius of the
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517:In 2021, Harmon published a memoir,
475:; and the board of directors of the
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915:qepres.com. Accessed June 17, 2013.
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660:Executive Profile: James A. Harmon
14:
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1163:Businesspeople from New York City
1143:Egyptian-American Enterprise Fund
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328:Egyptian-American Enterprise Fund
132:Egyptian-American Enterprise Fund
1193:People from Mamaroneck, New York
204:. Harmon and his wife reside in
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1178:People from Weston, Connecticut
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441:(of which he is a member), the
320:and a European headquarters in
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643:“Wertheim Schroder/Schroders,”
589:“A King of the Wild Frontier,”
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539:"A King of the Wild Frontier"
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181:in 1957, and an MBA from the
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435:Corporate Council on Africa
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300:, WRI maintains offices in
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425:Entravision Communications
255:On May 6, 1997, President
201:The Last Night of Ballyhoo
173:After graduating from the
985:Crain's New York Business
936:. Accessed June 12, 2013.
906:“QEP Resources’ History,”
797:Al-Ahram, April 24, 2013.
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454:Global Water Partnership
334:2011 Egyptian revolution
154:Early life and education
1183:Brown University alumni
1065:Financing Water For All
1022:Accessed June 27, 2013.
498:in Washington, DC, and
473:New York Stock Exchange
1098:brown.edu, April 2009.
664:Bloomberg Businessweek
593:Bloomberg Businessweek
279:Caravel Management LLC
1188:Wharton School alumni
928:Profile: James Harmon
1003:, December 23, 1999.
684:“Rewarding Voyages,”
596:, December 19, 2007.
545:. December 30, 2007.
507:G20 summit in France
963:William Glaberson,
879:, October 29, 1993.
461:World Water Council
458:Read the user guide
397:Questar Corporation
351:Secretary of State
206:Weston, Connecticut
187:Scarsdale, New York
158:Harmon was born in
1082:2001-07-26 at the
1018:2013-06-30 at the
911:2013-08-08 at the
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710:2013-09-15 at the
232:Wertheim & Co.
195:Driving Miss Daisy
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773:Kari Huus,
561:Google Docs
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100:Jane Harmon
1152:Categories
1050:June 2003.
566:2019-04-29
525:References
391:Other work
353:John Kerry
164:Mamaroneck
41:1935-10-12
543:Bloomberg
427:in 1999.
420:El Diario
310:Indonesia
134:, and an
1111:Archived
1080:Archived
1016:Archived
909:Archived
778:NBC News
758:Archived
739:Archived
708:Archived
688:Barron's
500:Africare
445:and the
375:Politics
265:Thailand
168:New York
140:chairman
136:American
118:Children
80:Chairman
324:Hague.
142:of the
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933:Forbes
456:, the
318:Brazil
314:Mexico
269:Russia
217:Career
95:Spouse
306:India
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66:(BA)
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271:and
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35:Born
811:CNN
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696:^
671:^
662:,
650:^
634:^
616:^
601:^
575:^
559:.
541:.
521:.
502:.
479:.
312:,
308:,
304:,
239:,
166:,
108:m.
43:)
1048:,
844:.
569:.
208:.
189:.
121:3
39:(
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