- Bachelor of Arts with High Honors, Economics, Brigham Young University
- Masters of Business Administration, Business, Harvard University
David L. Anderson is Professional in Residence in Finance, Adjunct Professor, Senior Advisor to the Dean, and member of the Executive Committee of the Board at the David Eccles School of Business at the University of Utah, where he works with the Dean and many of the Program Directors on corporate relations, strategic matters, curriculum, and student mentoring. In addition, Mr. Anderson is a private investor, and occasionally consults with companies regarding transactions with the potential to affect significantly their value, such as major investments, divestitures, acquisitions, spin-offs and recapitalizations.
Mr. Anderson spent his professional career in the international investment banking industry, where he was particularly involved in emerging markets. He started his career by joining The First Boston Corporation in New York in 1980. He retired from Credit Suisse First Boston (“CSFB”, the successor to The First Boston Corporation) in 2004. In 2000 he was asked to re-establish the firm’s investment banking presence in Japan and non-Japan Asia, including its mergers and acquisitions and corporate finance activities in Japan, and its mergers and acquisitions practice in all of Asia Pacific. At the time of his retirement, he was based in Hong Kong, where he was Managing Director, Chairman of Asia Pacific Mergers & Acquisitions, Chairman of Asia Pacific Investment Banking, and Head of Asia Pacific Industry Coverage. Prior to his assignments in Asia, Mr. Anderson was Head of Latin America and Chairman of the Latin America Executive Committee for CSFB. In addition to his role in Hong Kong, he has held senior positions for the firm in New York, London, Los Angeles, and Tokyo.
He has had extensive experience leading complex international transactions for governments and government owned or affiliated companies, often of a highly sensitive political nature.
In Asia, he led M&A transactions for CNOOC and Haier in China, for Fujitsu, Sanyo Shinpan, Paloma, Kuraray, and Sumitomo Industries in Japan and for Kumho Industrial and Jinro Group in Korea. He advised the Philippine government on the privatization of the electricity generation and grid sector through the National Power Corporation, and in Indonesia he led the IPO privatization and two separate public bond issues for PGN, the national natural gas company.
In Australia, he led the Telstra 2 equity offering for US$8 billion for the Australian government.
In Latin America, he directed the privatization of Ferrocarriles Nacionales de Mexico (the national railroad) for nearly US$2 billion and the privatization of the 18 state-owned banks in Mexico for over US$12 billion. Also in Mexico, he advised Telmex on the acquisitions and negotiations leading to the formation of America Movil, the largest cellular telephone company in Latin America. In Peru he advised on the privatization of the Peruvian mining conglomerate Centromin. In Argentina he led the privatization advisory team and the US$3 billion IPO for YPF (the Argentine national oil company). At the time, it was the largest cash IPO ever done. He subsequently advised YPF on virtually all of its M&A activity, such as the acquisition of Maxus Oil in the US, several oil field acquisitions and divestitures, and also advised YPF on its US$20 billion merger with Repsol. In Brazil he directed the secondary offering of US$500 million of Petrobras shares on behalf of BNDES, the government development bank.
In Europe, he advised on the sale of Alfa Romeo to Fiat by the Italian government-owned defense company Finmeccanica and directed the first euro-syndicated equity offering ever for STET, the national telephone monopoly. In Spain he advised the Spanish government on the politically sensitive sale of the nationalized assets of the Rumasa Group, including the retailer Galerias Preciados, the hospitality group Hotasa and the spirits company Jerez de la Frontera.
In addition to his strategic advisory work, Mr. Anderson has originated, structured and funded numerous emerging market private equity investments for Credit Suisse private equity funds, serving on the boards and participating in the management of the portfolio companies. He has also advised many global private equity funds on investments and disinvestments in emerging markets.
Through the course of his career he has advised companies on complex and ground-breaking merger and acquisition transactions and has helped companies and governments from emerging markets around the world raise billions of dollars of capital in private and public market transactions utilizing debt, equity and hybrid instruments.