Haas NewsWire

Haas NewsWire, February 9, 2004

Sanford Robertson to Receive Lifetime Achievement Award in Entrepreneurship
Haas Hosts Former Senator Bill Bradley at Annual Nonprofit Dinner, February 24
Haas Graduate Students and Alumni Invited to Build Connections at Annual Celebration in    the Valley
Financial Engineering Pioneer to Give MFE Commencement Address, March 13
Look to the Future at the Berkeley Asia Business Conference, February 28
Haas in the News
Happening at Haas

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Sanford Robertson To Receive Lifetime Achievement Award in Entrepreneurship

The Lester Center for Entrepreneurship and Innovation will present its 2004 Lifetime Achievement Award in Entrepreneurship to Sanford (Sandy) Robertson, Silicon Valley's pioneering technology entrepreneur, investment banker, and investor.

The award will be presented at a special Berkeley Entrepreneurs Forum on March 18 at 6:30 p.m. at the Haas School's Arthur Andersen Auditorium. The event is open to the public.

"Sandy Robertson is a moving force in the creation and evolution of Silicon Valley as a center of entrepreneurship and high-tech enterprise," said Jerry Engel, executive director of the Lester Center for Entrepreneurship and Innovation. "Many of the Valley's fabled success stories were helped by his active participation and collaboration. Sandy truly represents the kind of leader this honor is meant to highlight one who, through his own entrepreneurial success, enables the success of others."

Over the course of his career Robertson was involved in the financing of more than 500 growth technology companies, including 3Com Corporation, America Online, Applied Materials, Ascend Communications, Dell Computer Corporation, E*Trade Securities, Siebel Systems, Sun Microsystems, and Steve Job's Pixar Animation Studios. Business Week has labeled Robertson a "Silicon Valley elder statesman."

Robertson came to Silicon Valley in the 1960s as an investment banker for Smith Barney. When his firm declined to underwrite the new emerging technology companies sprouting there, he co-founded a new firm, Robertson, Colman, Seibel & Weisel, later renamed Montgomery Securities, to help fund fledgling ventures.

In 1978 he and Paul Stephens, BS 67, MBA 69, founded Robertson Stephens, further cementing Robertson's commitment to high-tech investment banking. Robertson Stephens became a pillar of the Bay Area's unique new venture development economy and one of several specialty investment banks that formed symbiotic financing pathways for the Bay Area's burgeoning high-tech economy.

After the firm was acquired by Bank of America in 1997, Robertson broke new ground as a co-founder of Francisco Partners, a technology buy-out firm that focuses on mature ventures and has $2.5 billion of committed capital under management. "While this chapter of his history is still being written, it is clear that Sandy and his partners are blazing a new path," said Engel.

The Lester Center Lifetime Achievement Award annually recognizes outstanding leaders for their entrepreneurial excellence, their leadership in both business and community, and the efforts by which they return value to their communities.

Previous winners of the award include Ralph Landau, co-founder of Scientific Design and innovator in the chemical and petrochemical industries; Arthur Rock, pioneering venture capitalist; Gordon Moore, co-founder of Intel Corp.; William Hambrecht, co-founder of Hambrecht & Quist and founder of W.R. Hembrecht + Co.; Edward Penhoet, co-founder of Chiron Corp.; and Alejandro Zaffaroni, founder of ALZA and Affymetrix.

To register for this event, please call 510-642-4255 or go to http://entrepreneurship.berkeley.edu/Reg&Park.asp.

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Haas Hosts Former Senator Bill Bradley at Annual Nonprofit Dinner, February 24

Former US Senator Bill Bradley and Paul Jansen, who recently coauthored an influential article published in the Harvard Business Review, will speak on "What Leaders Need to Do to Capture the Nonprofit Sector's $100 Billion Opportunity" at the annual nonprofit student-alumni dinner on February 24, 2004, from 6:00 to 9:00 p.m. in the Chevron Auditorium, International House.

Bradley is currently chair of the advisory board of McKinsey & Company's Institute for Management of Nonprofits and Jansen is the director of McKinsey & Company's Institute on the Nonprofit Sector.

In the article, the authors propose five major changes to how philanthropic and other nonprofit institutions operate that could free up $100 billion a year in funding. This proposal includes changing the way they raise funds, distributing funds more quickly, streamlining and restructuring the way in which they provide services, reducing administrative costs, and better allocating funds among service providers.

Bradley is currently a managing director of Allen & Company. He served in the US Senate from 1979 to 1997 representing New Jersey. Prior to serving in the Senate, he was a professional basketball player with the New York Knicks from 1967 to 1977 during which time the team won two world championships. He was also an Olympic gold medalist in 1964. He holds a BA in American History from Princeton University and an MA from Oxford University where he was a Rhodes Scholar. He has written five books on American politics, culture, and economy.

Jansen took up his current role running McKinsey's nonprofit practice after 17 years of service to for-profit companies on issues including corporate strategy, operations, sales and marketing, organization effectiveness, and mergers and alliances. McKinsey's nonprofit practice supports 150 to 200 projects per year with nonprofit organizations around the world. He is currently a member of the board of the San Francisco Zoological Society. He is a graduate of UC Berkeley (1980) and Harvard Business School.

Tickets for the dinner are $40 for alumni and guests and $18 for current students. To register go to http://www.acteva.com/booking.cfm?bevaid=62198. Space is quite limited, so please register early. For more information, contact alumni@haas.berkeley.edu.

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Haas Graduate Students and Alumni Invited to Build Connections at Annual Celebration in the Valley

All Haas graduate students and alumni are invited to make new connections at the fifth annual Haas Alumni Network Celebration in Silicon Valley on Wednesday, February 18, 2004, from 6:00 to 8:00 p.m. at the Menlo Circus Club, Atherton.

This year's keynote speaker is Shantanu Narayen, MBA 93, the executive vice president of Worldwide Products at Adobe Systems. He is responsible for engineering and marketing all of Adobe's products and driving development and execution efforts around the company's intelligent document business unit. Prior to joining Adobe, he co-founded Pictra, in 1996, making him an early pioneer of digital photo-sharing over the Internet. He was also director of desktop and collaboration products at Silicon Graphics and held various senior management positions at Apple Computer. He attended the Evening & Weekend MBA Program at Haas.

To facilitate networking, a number of alumni from a variety of industries, class years, and backgrounds will serve as industry experts and connect with Haas students from the Berkeley MBA (Full-time, Evening & Weekend, and Berkeley-Columbia Executive), MFE, and Ph.D. programs. The event, held annually at the Menlo Circus Club in Atherton, helps to bolster the school's presence in the Valley while helping students develop a network to assist in their job searches.

Tickets are $10 per person for alumni and guests and free for current Haas graduate students. Registration is required at www.haas.berkeley.edu/alumni/events/Menlo. For more information please contact Alumni Relations at alumni@haas.berkeley.edu or 510-642-7790.

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Financial Engineering Pioneer to Give MFE Commencement Address, March 13

Stanford finance professor Darrell Duffie, recently named Financial Engineer of the Year by the International Association of Financial Engineers (IAFE), will give the commencement address to the Master's in Financial Engineering class of 2004 on March 13 at 9:00 a.m. in the Arthur Andersen Auditorium.

Duffie, the James I. Miller Professor of Finance at Stanford University's Graduate School of Business, has been on Stanford's faculty since receiving his Ph.D. there in 1984. When IAFE bestowed its award, it applauded Duffie's contribution to the advancement of financial engineering technology, specifically in the areas of risk management, credit risk modeling, and the market for credit derivatives.

"Darrell Duffie is a major force in advancing the theory and practice of financial engineering," says John O'Brien, adjunct professor and executive director of the MFE Program. "His presentation will address the key current issues in our industry, look ahead to what could be, and discuss the responsibility that financial engineers have to society when introducing new technology into everyday practice."

The winners of the Earl F. Cheit Excellence in Teaching awards for the MFE program and the David Pyle Prize for the best student-authored applied finance project paper of the year will be announced at the event. This is a closed, invitation-only event. For more information, contact mfe@haas.berkeley.edu.

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Look to the Future at the Berkeley Asia Business Conference, February 28

A vision of the future of business in Asia is the theme for the fourth annual Berkeley Asia Business Conference (Berkeley ABC) on Saturday, February 28.

Berkeley ABC is a one-day event organized by Berkeley MBA students. It will take place at the Haas School in the Arthur Andersen Auditorium from 8:00 a.m. to 5:00 p.m. The conference brings together business leaders, academics, students, and international thought-leaders to meet and exchange ideas on current topics and opportunities in Asian business.

The main events of the day include a keynote address (to be announced), the Clausen Business Leader Exchange, Biz Park, and a variety of panels throughout the day. Panel topics include Semiconductors in Asia, Currency Valuation, Investing in China, Venture Capital in China, Wireless Infrastructure, Thumb Economy, Imitation to Innovation, Biotech in Asia, and Software in China. Panelists will be coming from Sony, NTT Docomo, Intel Capital, Bayer, Siemens Mobile, McKinsey, and more.

To find the most current information on the conference visit http://berkeleyabc.org/2004/index.htm.

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Benjamin Hermalin, Willis H. Booth Professor of Banking and Finance, was quoted in the San Francisco Chronicle on February 5 in an article titled "PeopleSoft Left in a Quandary." Hermalin commented the recent Oracle bid for PeopleSoft. For full text: http://www.sfgate.com/cgi-bin/article.cgi? file=/chronicle/archive/2004/02/05/BUGJM4P6GG1.DTL

David Levine, professor in the Economic Analysis and Policy Group, wrote an op-ed titled ?oThe Wheels of Washington Groupthink and Iraq," which was published in the San Francisco Chronicle on February 5. For full text: http://www.sfgate.com/cgi-bin/article.cgi? file=/chronicle/archive/2004/02/05/EDGV34OCEP1.DTL

Janet Yellen, the Eugene E. and Catherine M. Trefethen Professor of Business Administration, was quoted in the San Francisco Chronicle on February 3 in an article titled "The President's 2005 Budget: Economists Fear Boomers Will Outstrip This Deficit." Yellen commented on the long-term problem of the federal budget deficit. For full text: http://www.sfgate.com/cgi-bin/article.cgi? file=/chronicle/archive/2004/02/03/MNG9V4NMSL1.DTL

The Haas School of Business was mentioned on The Wall Street Journal on February 3 in an article titled ?oBig Banks Begin Hiring Again Despite Consolidations, Job Seekers Should Seek Work in Financial Services." The article mentions Haas' 20% increase in on-campus recruiting opportunities for financial-services jobs.

Andrew Sheppard, a second-year Berkeley MBA student, was quoted in GameSpot on February 2 in an article titled "Good Reviews for Jobs Seminar." Sheppard commented on a seminar on the careers in the game industry. For full text: http://www.gamespot.com/all/news/printable_6087304.html

Barry Gilbert, MBA 77, CEO of Smith & Hawken, was profiled in the San Francisco Business Journal on January 30 in an article titled "Executive Profile: Barry Gilbert."

Kenneth Rosen, California State Professor of Real Estate and Urban Economics, was quoted in The Oakland Tribune on January 30 in an article titled "Mayors Share Pain, Talk Change: Brown, Newsom Discuss Plans to Rejuvenate Oakland." Rosen commented on the Bay Area's economic growth in 2004. For full text: http://www.oaklandtribune.com/Stories/ 0,1413,82%257E1865%257E1924748,00.html?search=filter

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Alumni Events

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