Baratta Center Roundtable on Cross-Border Investing

De-risking Investments Impacted by National SecurityEmerging Challenges and Opportunities for Investors

March 20, 2024

10 a.m. - 12 p.m.

Fisher Colloquium

Rafik B. Hariri Building

Georgetown University McDonough School of Business Washington, D.C.

Agenda Overview:

10:00 a.m. — Welcome

10:05 a.m. — Context and Introductions

10:20 a.m. — Speaker Presentations and Discussion

11:30 a.m. — Q&A Session

11:50 a.m. — Summary and Closing Remarks

Moderator:

Ashley Lenihan (SFS’00, Ph.D.’09)

Professor of the practice of international affairs and deputy director, MSFS, Edmund A. Walsh School of Foreign Service, Georgetown University

Speakers:

Joyce Chang

Chair of Global Research, J.P. Morgan Chase

Sanjay Mullick (SFS’91, L’96) General Counsel, Veryon

Linda Yueh

Fellow in Economics, St Edmund Hall, University of Oxford

Ethan Treanor (SFS’12)

Deputy Director, Office of Investment Review and Investigation, U.S. Department of the Treasury

Meet the Speakers

Joyce Chang

Chair of Global Research, J.P. Morgan Chase

LinkedIn

Joyce Chang is the chair of global research at J.P. Morgan Chase. She has spent 35 years working in global research, with expertise in macro, fixed income, emerging markets, and geopolitical and strategic research. Chang was a managing director at Merrill Lynch and Salomon Brothers prior to joining J.P. Morgan Chase in 1999. She is the executive sponsor for J.P. Morgan Chase’s network for employees of Asian heritage (AsPIRE) and on the Executive Committee of the Corporate and Investment Bank’s Women on the Move network. She serves on the Board of Directors of the German Marshall Fund, Trickle Up, and the Fixed Income Analyst Society as well as the Advisory Councils for the Bretton Woods Committee, Center of Financial Stability, and the Baratta Center for Global Business at Georgetown University’s McDonough School of Business. Chang holds an M.P.A. from Princeton University and a B.A. from Columbia University.

Sanjay Mullick (SFS’91, L’96)

General Counsel, Veryon

LinkedIn

Sanjay Mullick is general counsel of Veryon, a technology company serving 25% of the worldwide commercial aviation fleet, where he is responsible for contracts and agreements and international regulatory compliance. Prior to joining Veryon, Mullick was a partner at Kirkland & Ellis, where he advised companies, private equity sponsors, and financial institutions on export controls, national security supply chain controls, and economic sanctions risk assessment in conjunction with investments, offerings, and mergers and acquisitions, with a focus on the technology and energy sectors. Previously, Mullick was special counsel at Pillsbury Winthrop Shaw Pittman and served in the U.S. Department of Commerce. Mullick is a member of the Georgetown University Athletics Women’s Allegiance, serves as a volunteer attorney with Catholic Charities Legal Network, and is president of the Board of Whitman Crew. Mullick is a graduate of Georgetown University’s Walsh School of Foreign Service and Law School.

Ethan Treanor (SFS’12)

Deputy Director, Office of Investment Review and Investigation, Office of Investment Security, U.S. Department of the Treasury

Ethan Treanor is a deputy director in the Office of Investment Review and Investigation (R&I) within the Office of Investment Security (OIS) at the U.S. Department of the Treasury. OIS is responsible for carrying out the Treasury’s staff-level responsibilities as the chair of the Committee on Foreign Investment in the United States (CFIUS), a nine-member interagency committee that reviews certain foreign investments into United States businesses and certain real estate transactions by foreign persons to determine the effect of such transactions on the national security of the United States. Prior to becoming a deputy director, Treanor was a case officer with the R&I team for several years. He has reviewed or supervised the review of numerous transactions, including transactions for which CFIUS took action to mitigate risks arising from the transactions. Before joining the Treasury, Treanor worked for a healthcare research company. He earned his M.A. from Johns Hopkins University’s School of Advanced International Studies and his bachelor’s from Georgetown University’s Walsh School of Foreign Service.

Meet the Speakers

Linda Yueh

Fellow in Economics, St. Edmund Hall, University of Oxford

Linda Yueh is a fellow in economics at St. Edmund Hall at Oxford University and an adjunct professor of economics at London Business School. She is an associate fellow at Chatham House in the United States and the Americas Programme. She is a widely published author. Her latest book, The Great Crashes: Lessons from Global Crashes and How to Prevent Them, was selected as one of the “Best New Economics Books’’ by the Financial Times. Her previous book, The Great Economists: How Their Ideas Can Help Us Today, was named one of The Times’ “Best Business Books of the Year”. Yueh was an adviser to the U.K. Board of Trade and a member of the Independent Review Panel on Ring-Fencing and Proprietary Trading of the U.K. government. She serves on the advisory board of the London School of Economics IDEAS and on the policy committee of the Centre for Economic Performance.

MODERATOR

Ashley Thomas Lenihan, (SFS’00, Ph.D.’09)

Deputy Director of the Masters of Science in Foreign Service Program, Georgetown University LinkedIn

Ashley Thomas Lenihan is a professor of the practice of international affairs and the deputy director of the Masters of Science in Foreign Service program at Georgetown University. She is an expert on the relationship between foreign investment and national security, and author of Balancing Power without Weapons: State Intervention into Cross-Border Mergers and Acquisitions (Cambridge University Press, 2018). Her policy work in the United Kingdom and Europe focuses on improving the impact of research on policymaking, and she regularly provides evidence to U.K. Parliament and consults internationally. Lenihan is a member of the Council on Foreign Relations and the U.K.’s Parliamentary and Scientific Committee. She was previously Head of Policy and Engagement at the British Academy of Management and a Senior Policy Advisor at the U.K. Academy of Social Sciences. Lenihan began her career as an investment banking analyst at Donaldson, Lufkin & Jenrette/Credit Suisse First Boston, and obtained her bachelor’s and Ph.D. in government from Georgetown University.