Michael Maduell

Michael Maduell is president of the Sovereign Wealth Fund Institute (SWFI).

Michael Maduell
Born
San Leandro, CA
EducationCalifornia State University, Sacramento (BA)
Saint Mary's College of California (MS)
Occupations
  • Editor
  • Executive
Known forEntrepreneurship, sovereign wealth funds, media, pensions
Title

Biography

Early life

Michael Maduell was born in San Leandro, CA. His father, Robert (Bob) Maduell, was a procurement engineer at Hewlett Packard and his mother, Phuong (Linda) My Lam, is a Vietnamese war refugee who supported the U.S. as a language translator. Maduell went to high school at Rocky Mountain High School in Fort Collins, CO. Maduell is a graduate of California State University, Sacramento and has a Masters of Science in Finance from Saint Mary's College of California. He is the grandson of Charles Edward Maduell, who founded Anamet Laboratories, Inc in Berkeley, California.[1] He is a descendant of Carlos Maduell of Tortosa, Spain who immigrated to New Orleans in the 1800s working for the Avendano Brothers.[2]

Michael interned at a low-income redevelopment agency located in Sacramento during college.

Career

He has worked at the California Public Employees' Retirement System (CalPERS) and Reuters. He founded the Sovereign Wealth Fund Institute, also known as SWFI. Maduell is a leading researcher, commentator, and advisor in the sovereign wealth fund, pension, and long-term institutional investor space.[3][4][5]

Economic and financial commentary

Michael Maduell commented on Temasek Holdings advancement of acquiring energy companies. He stated in CFO Insight, "This is a long-term investment in a major energy company that is currently discounted due to the YPF nationalisation [Repsol's subsidiary in Argentina, eds.]."[6]

During the Libyan revolution, CNN Money interviewed Michael Maduell on Gaddafi's influence on sub-Saharan Africa and Libya's sovereign wealth fund. Maduell argued Gaddafi remained in power for so long because "Gadhafi is providing support where there is none."[7]

In 2013, policymakers and thinktanks were discussing ways to improve the U.S. economy, leading to the idea of creating a federal sovereign wealth fund. Maduell told CNBC in an article that creating a Norwegian-like wealth fund would trigger "a heated debate between the federal government vs. state governments over resources," Maduell added. "The politics would be paralyzing, which is why it hasn't been done yet."[8]

In 2016, Michael Maduell was quoted in the LA Times[9] saying, "Sovereign wealth funds are going to play a much bigger role now in tech", said Michael Maduell, president of the Sovereign Wealth Fund Institute. "They have the capital and are looking for the best returns".

He was a frequent contributor to CNBC.[10]

Maduell is sought out on his expertise on sovereign wealth funds, including institutional investors in the Middle East and their influence on foreign policy.[11]

References
  1. "Industrial Research Laboratories of the United States". 1960. Retrieved 1 April 2017.
  2. "The Executive Documents of the House of Representatives for the First Session of the Fiftieth Congress 1887-'88". 1889. Retrieved 22 December 2017.
  3. Mufson, Steven (10 February 2010). "China's investment fund sticks with cautious strategy". The Washington Post. Archived from the original on 31 December 2013. Retrieved 10 February 2010.
  4. Wille, Klaus. "Korea State Fund to Spend Up to $10 Billion on Alternatives (1)". BusinessWeek. Archived from the original on 25 August 2013. Retrieved 9 August 2013.
  5. Kim, Susanna. "Why Norwegians Are Millionaires and Americans Are Paupers". ABC News. Retrieved 11 January 2014.
  6. Haeberle, Armin. "Evonik, Repsol: Temasek Expands in Europe". CFO Insight. Archived from the original on 22 February 2014. Retrieved 12 February 2014.
  7. Sweet, Ken (2 March 2011). "Libya: Spending oil money across the globe". CNN Money. Retrieved 12 February 2014.
  8. David, Javier. "For US Oil Boom, Some See Lessons in Norwegian Model". CNBC. Retrieved 12 February 2014.
  9. Pierson, David. "Will more start-ups follow Uber in taking cash from sovereign wealth funds?". LA Times. Retrieved 1 April 2017.
  10. "Sovereign wealth funds have been on fire: Expert". CNBC Asia. Retrieved 22 December 2017.
  11. "Gulf states use new oil riches to gain regional influence". CNN. Retrieved 31 October 2022.
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