Siddhesh Joshi (Editor)

Pentti Kouri

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Name
  
Pentti Kouri


Role
  
Economist

Pentti Kouri photosgenicomp13b69009c753444840253e5c60p


Died
  
January 22, 2009, Los Angeles, California, United States

Books
  
Balance of Payments and the Foreign Exchange Market: A Dynamic Partial Equilibrium Model

Siblings
  
Pekka Kouri, Marjatta Huuhtanen, Mauri Kouri

Markasta euroon 1996 pentti kouri


Pentti Juha Kalervo Kouri (12 February 1949 – 22 January 2009) was a Finnish economist and venture capitalist. He was born in Kemijärvi.

Contents

Education and career

Kouri was the first Finn to get a scholarship to the United World College of the Atlantic. After graduating from there, he got his master's degree in economics from the University of Helsinki in 1970. In that same year, when he was 21 years old, he was hired by the International Monetary Fund. It was at IMF's research organization where Kouri first met Michael G. Porter, an Australian economist, with whom he later developed the Kouri-Porter model.

Kouri received his Ph.D. in Economics from MIT in 1974. He has served as a professor of economics at Stanford, Yale, Helsinki, and New York City universities.

Later he became known as a venture capitalist, for instance, he managed George Soros's investments to Finland. Today, he is remembered for his participation in the controversial "Kouri-deals" in the late 1980s. In the "Kouri-deals", a group of investors including Dr. Kouri collaborated to buy a majority of the two largest banks of Finland, mostly with borrowed money, causing a political outcry.

Personal life

Kouri was married to Elly O. Kouri and divorced in 1995. Pentti Kouri died in January 2009 in Los Angeles. Until his death, he sat on the Board of Trustees of Dia Art Foundation.

In May 2001 the Kouri Capital group led by Dr Pentti Kouri and George Soros was declared bankrupt.

  • Nokia: Pentti Kouri was a shareholder and member of the board of directors.
  • Invisible hand.
  • Espial
  • Amiga, Inc.: Pentti Kouri was the chairman of the board.
  • Simply TV Inc.: Pentti Kouri was a shareholder and chairman of the board.
  • hakia, Inc.: Pentti Kouri was a shareholder and member of the board of directors.
  • Askar Capital: Pentti Kouri was a member of the advisory board.
  • Ztango: Pentti Kouri was a Co-Founder and an investor. The company was acquired by WiderThan in 2004.
  • References

    Pentti Kouri Wikipedia