James Bowman and Coopertree Capital in China

4 Pages Posted: 30 May 2017

See all articles by Andrew Wicks

Andrew Wicks

University of Virginia - Darden School of Business

Jenny Mead

University of Virginia - Darden School of Business

Adrian Keevil

University of Virginia - Darden School of Business

Abstract

James Bowman, a founding partner of a New York private equity fund manager has traveled to China to meet with a China Power Investment Corporation manager in the hope of cultivating a business relationship. In an introductory conversation, the manager makes a strange request of Bowman. Bowman realizes that he is being tested, and he is uncertain how to respond.

Excerpt

UVA-E-0370

Rev. Oct. 4, 2013

James Bowman and Coopertree Capital in China

James Bowman was not certain that he had heard the request correctly. He had just met C. K. Laoshi, a China Power Investment Corporation (CPIC) manager, and was standing in the parlor of his ornate Beijing house. It was clear from just a few minutes in this man's presence that Laoshi was extremely courteous; he had given Bowman, who had just flown in from New York City, a warm welcome and introduced him to his wife, Qizi. But then, the first request Laoshi made of Bowman, in what was supposed to be an introductory conversation, was that Bowman deposit $ 800,000 into a Chinese banking account.

Coopertree Capital

Bowman was a founding partner of Coopertree Capital, a private equity fund manager based in New York City. He and the other partners believed and participated in an active limited partner (LP) model, and, therefore, Coopertree involved its investors more than most other private equity funds did. In raising its first fund, Coopertree I, Bowman and his general partners spent a lot of time attracting investors who were well-connected and interested in being actively engaged in their investments.

. . .

Keywords: business ethics, ethical situations, stakeholder management, China, trust, investment firm, Confucianism, diversity, cultural differences, trust, cross-cultural issues

Suggested Citation

Wicks, Andrew and Mead, Jenny and Keevil, Adrian, James Bowman and Coopertree Capital in China. Darden Case No. UVA-E-0370. Available at SSRN: https://ssrn.com/abstract=2974175

Andrew Wicks (Contact Author)

University of Virginia - Darden School of Business ( email )

P.O. Box 6550
Charlottesville, VA 22906-6550
United States

HOME PAGE: http://www.darden.virginia.edu/faculty/wicks.htm

Jenny Mead

University of Virginia - Darden School of Business ( email )

P.O. Box 6550
Charlottesville, VA 22906-6550
United States

Adrian Keevil

University of Virginia - Darden School of Business

P.O. Box 6550
Charlottesville, VA 22906-6550
United States

Register to save articles to
your library

Register

Paper statistics

Downloads
0
Abstract Views
148
PlumX Metrics