Theodore Em-Po Liu, Director
Department of Business, Economic Development & Tourism
No. 1 Capitol District Building - 250 South Hotel Street
5th Floor, Honolulu, Hawaii 96813
Telephone: (808) 586-2355
Fax: (808) 586-2377
Mailing Address: P.O. Box 2359, Honolulu, Hawaii 96804

Hawaii State Department of Business, Economic Development & Tourism
Director, January 2003 to Present
Provides overall direction to fulfill DBEDT’s mission, which is to support business, create jobs, and improve Hawaii’s standard of living by diversifying the economy, expanding existing businesses, and attracting new economic activity.

PacifiCap Group, LLC
Co-Founder & Partner, May, 2000 to February 2003.
Honolulu, Hawaii-based private equity firm focused on venture capital investment, middle market equity, debt and strategic transactions and corporate finance advisory services. Currently advising U.S. multinationals on strategic transactions in China, Taiwan and Korea.

Morgan Stanley & Co. Incorporated
Managing Director, Investment Banking Department, 1996- 1999
Principal, Investment Banking Department, 1993 - 1996
Chief Operating Officer, Asia Investment Banking Department, 1996-1997
Member, Morgan Stanley Asia Operating Committee, 1996 - 1997
Chief Representative, Shanghai Office, 1994 - 1996
Head of Morgan Stanley's China, Hong Kong and Taiwan investment banking business. Directly responsible for strategic and business planning, implementing business plans, originating and executing corporate finance business, and developing and managing relationships with governments, state owned enterprises, corporations, financial institutions and local and foreign investors. Raised over $6 billion of capital for clients; led over $3 billion in M&A transactions; oversight of $30 million buy-out fund; established Shanghai and Beijing Representative Offices. As COO for Asia, managed 127 professionals in 9 offices; responsible management, planning, budgeting and managing P&L.

China International Capital Corporation, Beijing, China
Deputy Chief Executive Officer, China International Capital Corporation, 1995
Participated in conceptualization, negotiation and execution of China International Capital Corporation (CICC), China's first joint venture investment bank. Seconded by Morgan Stanley to guide start-up as Deputy CEO.

Skadden Arps Slate Meagher & Flom
Senior Associate, New York & Hong Kong, 1986 - 1993
Head of China Practice Group
Established and headed Wall Street law firm's China Practice Group providing legal and transactional advice to multinational and Asian clients on cross border financing and acquisition transactions. Established Hong Kong and Beijing Offices.

Public International Investments Ltd./First Shanghai Investments Ltd.
Chief Executive Officer, 1992
Led acquisition of public company (Stock Exchange of Hong Kong) by consortium consisting of Cheung Kong Group, China Venturetech Investment Ltd. and Shanghai International Securities Ltd. Appointed and served as post acquisition CEO for two reporting periods.

New York Stock Exchange, Inc.
Advisor, China-U.S. Seminar on Financial Markets, July - November, 1986
Advised and assisted the NYSE on seminal financial markets seminar cosponsored with the People's Bank of China and held in Beijing. Led by NYSE Chairman John Phelan and attended by major international commercial and investment banks, fund managers and insurance companies, the delegation made presentations to over 350 Chinese financial officials and senior leaders, including Deng Xiaoping. Seminar is acknowledged to have accelerated the development of the Chinese capital markets.

Simpson Thacher & Bartlett
Associate, New York, 1983 - 1986
Law practice in the Banking and Corporate Departments. Assistant to Firm's Presiding Partner, former U.S. Secretary of State Mr. Cyrus R. Vance, in meetings with Asian government and business leaders.

China Daily
Beijing, China, 1980 - 1981
Member of founding staff of China's first English language newspaper. Participated in all aspects of the establishment, organization and launch of the newspaper, including writing, reporting and editing post-launch.

New York University School of Law
J.D. degree, 1983
Concentration on Corporate and International

University of Michigan
College of Literature, Sciences and the Arts
BGS degree, Economics and Political Science, 1979
Class Honors, 1978 & 1979

Personal
United States citizen. Born in Taiwan. Raised in São Paulo, Brazil. Resident, United States 1966- 1989; 1999-present.
Resident, Hong Kong 1989 - 1999.
Extensive travels. Married to Betty Kwong (A.B., Harvard; J.D., New York University School of Law). Four children, ages 17, 14, 6 and 4. Fluent spoken Mandarin Chinese; passable Portuguese.