Richard M. Daley Executive Chairman
The longest-serving mayor in Chicago's history, Richard M. Daley has earned an international reputation as a leading innovator in urban development, fiscal policy and government stewardship. As mayor, Mr. Daley enhanced Chicago's quality of life, improved the public school system and infrastructure, strengthened the economy, reduced crime, improved transportation and made Chicago one of the most environmentally friendly cities in the world.open
Mr. Daley transformed the Chicago economy by bringing cutting-edge businesses to the city. During his 22-year tenure as mayor, Chicago became a prominent player in the 21st century global economy, now ranking among the top economic centers and most influential cities worldwide. Mr. Daley pioneered a model of successful public-private partnerships that established Chicago as the benchmark for long-term sustainable urban growth and development. These partnerships, such as the city's privatization of its Chicago Skyway, allowed Chicago to improve the state of its infrastructure and preserve much-needed social programs while other cities were forced to make concessions.
Throughout his career, Mr. Daley has maintained a commitment to unifying mayors across the United States and the world to tackle the challenges confronting cities. He served as the 54th president of the U.S. Conference of Mayors, organized the Great Lakes and St. Lawrence Cities Initiative in 2003 for the restoration of the Great Lakes and founded and chaired the Metropolitan Mayors Caucus for the Chicagoland region. Mr. Daley also made Chicago a hub for mayors globally by hosting the Sino-U.S. Mayors Summit in 2007 for municipal leaders of the United States and China, the Mayor's Hemispheric Forum in 2007 for municipal leaders across the Americas, and the U.S.-Arab Cities Forum in 2008 for municipal leaders throughout the United States, Canada and the Arab world. Mr. Daley continues to speak internationally on the issue of sustainable urban development and work with global leaders on building the cities of tomorrow.
A former state senator and county prosecutor, Mr. Daley was elected mayor in 1989 and re-elected five times before deciding to retire from government in May of 2011. In addition to his role at DaleyTang, he also serves as Of Counsel to Katten Muchin Rosenman LLP, an international law firm based in Chicago; a Distinguished Senior Fellow at the University of Chicago's Harris School of Public Policy; a Director on the boards of The Coca-Cola Company and Diamond Resorts International; and a senior advisor to JP Morgan Chase, where he chairs the new "Global Cities Initiative," a joint project of JP Morgan Chase and the Brookings Institution to help cities identify and leverage their greatest economic development resources.
Donald Tang President & CEO
Mr. Tang serves as President & Chief Executive Officer of DaleyTang. His prior roles include Vice Chairman, Bear Stearns & Co. Inc., Chairman and President of Bear Sterns International, and Chairman and CEO of Bear Stearns Asia. A veteran investment banker, Mr. Tang has been instrumental in numerous ground-breaking deals in China, including IPOs, debt market financing, and cross-border mergers & acquisitions. He also managed the wealth and asset management business. Lakshmi Mittal, President and CEO of Arcelor Mittal, said in the Financial Times: "Anyone seeking to do a major deal in China will learn about Donald Tang."open
Mr. Tang joined Bear, Stearns & Co. Inc. in 1992 in Los Angeles as Senior Managing Director. In 1993, he was appointed President and Chief Executive Officer of Bear Stearns Asia—and later was named Chairman. Mr. Tang was elected to the Board of Directors of Bear, Stearns & Co. Inc in 1997 and was named Vice Chairman in 2001. Mr. Tang was named Chairman and President of Bear Stearns International in 2003.
In addition to his role at DaleyTang, Mr. Tang also serves as Vice Chairman of Quantum Reservoir Impact LLC; Trustee of California Institute of Technology; Member of the Committee of 100; and Member of Advisory Committee of Harvard University Asia Center.
Over the past decades, Mr. Tang has served on the boards of numerous civic, cultural and educational institutions, including Member of Board of Councilors of the USC Annenberg School for Communication and UCLA Medical Center; Trustee Emeritus of Asia Society and Chairman of Asia Society Southern California; Trustee of Museum of Contemporary Art, Los Angeles and the Los Angeles County Museum of Art; Trustee of the RAND Corporation where he was the Chairman of its Banking Reform Committee on China; Member of Board of Councilors of China-US Center for Sustainable Development.
At Harvard University Mr. Tang was an Asia Programs Senior Fellow at the Ash Institute for Democratic Governance and Innovation at the John F. Kennedy School of Government. He delivered the 2010 Wharton Asia Business Conference keynote address. He did undergraduate work at the East China Institute of Technology in Shanghai and received a B.S. in chemical engineering from California State University, Polytechnic of Pomona, California in 1986.
His honors include the 2007 Los Angeles Urban League Community Coalition Award; 2007 Sponsors for Educational Opportunity Corporate Leadership Award; 2004 Chairman's Award of the Asia Society; the 2004 Alexis de Tocqueville Society Award presented to Mr. Tang and his wife, Jean, for their commitment to human service; the 2002-2003 "Spirit of Los Angeles" Award from United Way; and the "40 Under 40" Designation for the year 2000-2001 by Crain's Chicago Business Magazine.
Mr. Tang has been profiled in major print publications such as The Wall Street Journal, Financial Times and Los Angeles Times. He is a frequent contributor to CNBC's Closing Bell with Maria Bartiromo, discussing all things China-related.
Patrick R. Daley COO,CFO
Mr. Daley serves as COO, CFO of DaleyTang. He has led and completed growth capital, management buyout and distressed investments across multiple sectors, including telecommunications, consumer products, logistics and financial services throughout the United States as well as in Russia and the CIS Region. Mr. Daley also worked in the Investment Banking group of Bear Stearns in New York specializing in Real Estate, Gaming and Lodging. Mr. Daley served in the United States Army and is a veteran of Operation Enduring Freedom. He received a B.A. from the University of Illinois in Champaign–Urbana, an MBA from the University of Chicago and is a CFA charterholder.
A. Joshua Strickland Vice President
Mr. Strickland serves as Vice President and Corporate Counsel for DaleyTang. He is involved across DaleyTang's domestic and international transactions, both in a legal and advisory capacity. Prior to DaleyTang, Mr. Strickland was a corporate attorney in the Private Equity group of Kirkland & Ellis LLP. At K&E, he advised clients in a variety of complex transactions, with a focus on mergers and acquisitions, leveraged finance and capital markets. Mr. Strickland's transactional experience reaches across industry and size, with successful deals in infrastructure, technology, financial services and real estate, ranging from the tens of millions to billions of dollars in enterprise value. Mr. Strickland received an A.B. with high honors in Economics and Psychology from Harvard University and a J.D. from Yale Law School. His research in Economics has been published in the American Economic Review.
Rui Cui Vice President
Mr. Cui serves as Vice President of DaleyTang. He focuses on the evaluation and execution of transactions out of both the Chicago and Shanghai offices. Mr. Cui’s past experiences include academic consultant to the Committee on Capital Market Regulation at Harvard Law School and analyst with UBS Investment Bank in Hong Kong. His research in finance won the best paper award at the 25th Australian Finance and Banking Conference in Sydney, Australia. He received an MBA and PhD in Finance from University of Chicago Booth School of Business.
Terry Qian Senior Associate
Mr. Qian serves as Senior Associate of DaleyTang. He focuses on the evaluation and execution of transactions out of DaleyTang’s Los Angeles office. Prior to DaleyTang, Mr. Qian was a Global Securities Associate at Capital Group where he focused on researching and analyzing corporate actions for public companies. Prior to joining Capital Group, he spent over 2 years as an Investment Banking Associate at Morgan Joseph TriArtisan LLC. At Morgan Joseph TriArtisan, he was involved in a number of mergers and acquisitions and capital market transactions. As a key member of Morgan Joseph TriArtisan’s international team, Mr. Qian helped build up the firm’s China practice and completed over $800 million of transactions for China-based companies. Mr. Qian received a B.A. in Finance from Nanjing University and a M.S. in Financial Economics from University at Buffalo.