Investment Banks, Hedge Funds, and Private Equity

David P. Stowell is a professor of finance at Northwestern University's Kellogg School of Management, where he teaches classes that focus on investment banking, hedge funds, private equity and venture capital. He also teaches undergraduate courses on these topics at Northwestern University. Prior to joining Northwestern in 2005, he was managing director at JP Morgan, working in Chicago with responsibility for part of the firm's mid-west investment banking business. In addition, he worked in investment banking at UBS as managing director and co-head of U.S. equity capital markets, and at Goldman Sachs, where he co-managed an equity derivatives business and worked in corporate finance in New York and Tokyo. He was also a managing director at O'Connor Partners, a hedge fund based in Chicago. He graduated from Utah State University with a BA in Economics and from Columbia University's Graduate School of Business with an MBA in Finance. In addition to his current teaching responsibilities, he manages Paradigm Partners, a boutique firm that provides M&A and capital raising services and general advice regarding investment banking, hedge fund, and private equity activities to selected clients. Paul Stowell is a managing director and head of the U.S. Strategic Equity Transactions Group at Jefferies LLC. He has previously been managing director at Deutsche Bank, originating, structuring and executing convertible financings, corporate equity derivatives and margin loans on concentrated equity stakes. Earlier in his career he worked at UBS as an exotic equity derivatives trader and subsequently as a convertible bond trader. He designed and led auctions to facilitate the largest-ever sales of warrants for cash, raising over $7 billion in total including $1.8 billion in the largest offering. He has designed and sold unique equity-linked securities to help companies raise capital for special circumstances. He has helped many companies repurchase stock in a thoughtful manner, and worked with large shareholders on hedging and structured monetization transactions. As an adjunct instructor, he has taught semester-long courses on Investment Banking and on Hedge Funds & Private Equity at universities including the University of Utah, and has also been a guest lecturer at multiple universities on sales & trading and other topics. Paul graduated from Yale University with a BA in Economics.