John D. Kuhns

John D. Kuhns
Born Lake Forest, Illinois
Occupation author, artist, businessman, and investment banker

John D. Kuhns is an author, artist, businessman, venture capitalist and investment banker. His published writing is about China, while much of his business career has been in the alternative energy industry. He has founded and taken five companies public. In addition to the United States and China, Kuhns also has established companies and developed projects in Argentina, Brazil, Costa Rica, England, Honduras, India, Ireland, Mexico, Sri Lanka and Wales.[1][2][3][4] Kuhns has been interviewed for CNBC, Reuters Insider, Fox Business, Forbes, and Bloomberg Law on the business and economic climate in China.[5][6][7][8][9][10]

Education

Born in Lake Forest, Illinois to college professors, Kuhns spent his formative years in Takoma Park, Maryland, a suburb of Washington, D.C., where he was educated in the public schools.

A member of the Class of 1972 at Georgetown University, he graduated from with an A.B in Sociology and in Fine Arts.[11][12] Kuhns was a four-year starter at middle linebacker on the Georgetown varsity football team. Leading the team in tackles for two years, and the second leading tackler in his other two campaigns, Kuhns was elected a team captain in his senior year. He was inducted into the Georgetown University Athletic Hall of Fame in 1994.[11][12]

A sculptor, Kuhns received a scholarship to study fine arts at the University of Chicago in 1973 after a Georgetown professor, without Kuhns’ knowledge, submitted his art portfolio to the school. He graduated with a Master’s in Fine Arts degree in 1975. Subsequently, he attended Harvard Business School in Boston, Massachusetts, graduating with a Master’s in Business Administration degree in 1977. During his summer between years at business school, he worked on the bond trading desk at the investment banking firm of Salomon Brothers in its Boston office.[11][12][13]

Career

Kuhns’ career as an investment banker began when he joined Salomon Brothers in New York in 1977 in its public finance department, working on publicly owned electric utility projects.[14] Later, he left with a group of Salomon Brothers partners to form J.J. Lowrey & Co., a bond trading and project finance investment bank, where he was a general partner.[14][15]

In 1986, Kuhns acquired control of the Laidlaw, Adams & Peck investment bank, one of the oldest continuously operated financial firms in the United States, and changed the firm’s name to Kuhns Brothers & Laidlaw.[15] Under his direction, Kuhns Brothers has financed many companies, including the IPO for CalEnergy, one of the world’s largest geothermal power corporations. Kuhns has focused on financing domestic alternative energy companies, power technology ventures and infrastructure companies, as well as many foreign issuers, mainly from China, since 1989.[11][16][17]

As an entrepreneur, Kuhns has taken 5 of his own companies public.[18][19][20][21][22][23][24]

In 1981, Kuhns founded Catalyst Energy Corporation, one of the first publicly traded independent power producers in America.[14] In 1986, the company completed its IPO and became listed on the New York Stock Exchange under the symbol NYSE: CE. Catalyst became the largest independent power company generating electricity for sale to utilities in 1988.[25] The company became known for its ability to take advantage of loopholes, such as buying a St. Louis steam generator, and leasing the generator’s distribution pipes from the state of Missouri.[14] Because Catalyst did not own the distribution pipes, it was exempt from many regulations.[25] In 1984 while CEO of Catalyst, Kuhns made his first visit to China, going to Chengdu to purchase hydroelectric generating equipment, and becoming the first American to do so in the process.[11][12][14][26][27] In 1987, Kuhns supervised the IPO of Catalyst’s steam power affiliate—Catalyst Thermal Energy Corporation. By 1988, Catalyst had revenues of $417 million and assets worth $1 billion, and was the fastest growing public company in America from 1982 to 1987 according to Inc. Magazine.[11][12][14][17]

Kuhns continued to develop and invest in alternative energy and renewable energy projects throughout China and other parts of the developing world. In 1992 he founded and was the chairman and CEO of The New World Power Corporation, a wholly renewable-based independent power producer.[28] His work with New World focused on alternate energy.[11][29][30] At New World, he developed and financed hydroelectric projects in Costa Rica, China, Argentina, and Mexico, and wind farms in the United Kingdom and the United States.

In 2006 as chairman and CEO, Kuhns formed China Hydroelectric Corporation, an owner and developer of hydroelectric projects in China.[31] China Hydroelectric Corporation began trading on the New York Stock Exchange in 2010.[31]

Kuhns organized the China Hand Fund, which invests in companies in China in 2007.[32]

In 2012, Kuhns became executive chairman of NanoFlex Power Corporation (formerly Global Photonic Energy Corporation), a developer of intellectual property which holds over 600 patents worldwide in advanced solar technology. Kuhns had been an investor and board member of the company since 1999.[33] NanoFlex went public in 2013.[34]

In 2016, Kuhns established and funded Bougainville Fund Management, LLC, a private equity fund management company organized to make and manage investments in Bougainville, an island archipelago in the South Pacific. Currently an autonomous region of Papua New Guinea, Bougainville—which possesses billions in gold, copper and silver—is scheduled to conduct a referendum vote on its independence on June 15, 2019. Bougainville Fund Management’s initial investment is the Bougainville Gold Exchange Limited, a business established in partnership with a group[35] of Bougainville’s tribes and clans to buy, deal in and export gold.[35]

Books

Kuhns published a novel, loosely based on his career and business success in China.[36] China Fortunes was released in 2010 by Wiley.[36] The book follows a protagonist named Jack Davis, "an American financier lured by the spectacular promise of the confusing land, from early success and a meteoric IPO that seems too easy, to treachery and loss, and triumphant financial and emotional renewal."

Jing Daily described it as a "vivid illustration" of "the opportunities and obstacles experienced by foreign businesspeople in the early days of China’s sometimes uncomfortable embrace of capitalism…China Fortunes manages to tread the fine line between entertainment and education, never losing sight of the adventure and mind-expanding aspects of living and working in China as a foreigner."[37] The book received positive reviews with Terry McDonell, the former managing editor of Sports Illustrated calling it, "a smart and stylish take on what business really is in modern China. Kuhns knows both cold, and most important, he can tell a great story…ironic, fast moving and sharply observed. It will lock you in."

Kuhns has finished, but has not yet published, a second novel based on smuggling over the Sino-Burmese border in China’s southwestern province of Yunnan.[13]

References

  1. ↑ "Three Apples of Somebody's Eye". New York Times. Retrieved 2014-01-08.
  2. ↑ "Investing in China". Market Watch. Retrieved 2014-01-08.
  3. ↑ "China Hydroelectric Corporation". New York Times. Retrieved 2014-01-08.
  4. ↑ "Alamito Deal Is Completed". New York Times. Retrieved 2014-01-08.
  5. ↑ "2011 China Investment Guide". Forbes. Retrieved 2014-01-08.
  6. ↑ "Newsbriefs Jan. 19, 2011". China Business Knowledge. Retrieved 2014-01-08.
  7. ↑ "Working With China". Fox Business. Retrieved 2014-01-08.
  8. ↑ "China's Dam Problem". CNBC. Retrieved 2014-01-08.
  9. ↑ "Doing Business in China". BNN. Retrieved 2014-01-08.
  10. ↑ "China Pumps Up Hydropower". CNBC. Retrieved 2014-01-08.
  11. 1 2 3 4 5 6 7 "John Kuhns". Forbes. Retrieved 2014-01-08.
  12. 1 2 3 4 5 "Georgetown Football Hall of Famer John Kuhns (C'72) Finds Creative Outlet in Publishing of First Novel". Georgetown Football. Retrieved 2014-01-08.
  13. 1 2 "Uncommon Interview: John Kuhns (M.F.A. '75), author, artist, entrepreneur". The Chicago Maroon. Retrieved 2014-01-08.
  14. 1 2 3 4 5 6 "A Highflier's One Final Gamble". New York Times. Retrieved 2014-01-08.
  15. 1 2 Gary Belsky (5 October 1987). "What's Behind the Kuhns-Laidlaw Deal". Crains New York Business.
  16. ↑ "John D. Kuhns". Kuhns Brothers. Retrieved 2014-01-08.
  17. 1 2 "Doing Business in China". USFSP. Retrieved 2014-01-08.
  18. ↑ "CORPORATE RAIDER: PAUL BILZERIAN; A SCRAPPY TAKEOVER ARTIST RISES TO THE TOP". New York Times. Retrieved 2014-01-08.
  19. ↑ "China Hydroelectric Corp". Bloomberg Markets. Retrieved 2014-01-08.
  20. ↑ "China Hydroelectric Corporation (CHC)". Yahoo! Finance. Retrieved 2014-01-08.
  21. ↑ "China Hydroelectric Corporation (USD)". Google Finance. Retrieved 2014-01-08.
  22. ↑ "Master Silicon Carbide Industries Inc (MAST.PK)". Reuters. Retrieved 2014-01-08.
  23. ↑ "Master Silicon Carbide Industries, Inc". Inside View. Retrieved 2014-01-08.
  24. ↑ "CHINA HYDROELECTRIC CORP (CHC) IPO". NASDAQ. Retrieved 2014-01-08.
  25. 1 2 Cowan, Alison Leigh (30 March 1988). "A Highflier's One Final Gamble". The New York Times. p. 1. Retrieved 3 January 2013.
  26. ↑ "Green China: Eco Investors Crack the Forbidden Kingdom". Institutional Investors. Retrieved 2014-01-08.
  27. ↑ "Catalyst Energy". New York Times. Retrieved 2014-01-08.
  28. ↑ Commission, U.S. International Trade. Certain Variable Speed Wind Turbines and Components Thereof, Inv. 337-TA-376. DIANE Publishing. pp. 1–. ISBN 9781457825576. Retrieved 3 January 2013.
  29. ↑ Williams, Neville (2005). Chasing the Sun: Solar Adventures Around the World. New Society Publishers. pp. 119–. ISBN 9780865715370. Retrieved 3 January 2013.
  30. ↑ "Corporate Facts: The New World Power Corp.". The Courant. Retrieved 2014-01-08.
  31. 1 2 May Hui (29 January 2010). "China Hydroelectric Debuts on NYSE; Tsing Capital Books 108% Return; China Hydroelectric's PE Investors". Greater China Private Equity Review Daily.
  32. ↑ "Journey to the East". The University of Chicago Magazine. Retrieved 2014-01-08.
  33. ↑ "Board of Directors - Depth of Experience". Nano Flex. Retrieved 2014-01-08.
  34. ↑ "UNIVERSAL TECHNOLOGY SYSTEMS CORP.". UNITED STATES SECURITIES AND EXCHANGE COMMISSION. Retrieved 2014-01-08.
  35. ↑ "Bougainville Gold Exchange $3.00 million Fundraising. John D Kuhns Released Aug 23 form D".
  36. 1 2 Kuhns, John D. (2010-12-09). China Fortunes: A Tale of Business in the New World. John Wiley & Sons.
  37. ↑ "CHINA FORTUNES: A TALE OF BUSINESS IN THE NEW WORLD (Q&A)". Jing Daily. Retrieved 2014-01-08.
This article is issued from Wikipedia - version of the 11/11/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.