Gregory W. Brown has been named director of the Frank Hawkins Kenan Institute of Private Enterprise at the University of North Carolina Kenan-Flagler Business School.
Brown is a professor of finance and a Sarah Graham Kenan Distinguished Scholar at UNC Kenan-Flagler.
“Greg Brown is an academic entrepreneur and leader, as well as an accomplished researcher and educator who is deeply interested in applying scholarship to address real-world problems and has long had ties with the business community,” said Douglas Shackelford, dean and Meade H. Willis Distinguished Professor of Taxation at UNC Kenan-Flagler. “His track record of successful initiatives at the intersection of research and practice will be an asset to the Kenan Institute.”
Brown is the founder and research director of the Institute for Private Capital and previously served as director of the Center for Excellence in Investment Management and the Capital Markets Lab at UNC Kenan-Flagler. His research, which centers on financial risk, the use of financial derivative contracts as risk management tools and private investment strategies, has been published in leading academic and practitioner finance journals.
He also is managing director and director of research for Amundi Smith Breeden Associates, a global asset management firm specializing in fixed income investments.
“I am honored to build on the Kenan Institute of Private Enterprise’s legacy of economic development, global competitiveness and entrepreneurship,” said Brown. “I’m enormously excited about continuing to realize Frank Kenan‘s vision to promote collaboration among business, government and academic leaders – and to explore new opportunities.”
Brown joined the UNC Kenan-Flagler faculty in 1998 after he received his PhD in finance from the University of Texas at Austin. He received his bachelor’s degree with honors in physics and economics from Duke University. Prior to joining UNC Kenan-Flagler, Brown worked at the Board of Governors of the Federal Reserve System in the division of research and statistics. He also worked in artist relations for a subsidiary of Capitol Records in Hollywood.
The Kenan Institute of Private Enterprise was founded in 1985 and brought to global prominence under the leadership of Dr. John D. Kasarda. Joseph M. DeSimone succeeded Kasarda before leaving to launch a business venture. Judith Cone, special assistant to the chancellor for innovation and entrepreneurship and interim vice chancellor of commercialization and economic development at UNC, served as interim director. Mark Little, director of NCGrowth, served as interim director when Cone completed her term.
His track record of successful initiatives at the intersection of research and practice will be an asset to the Kenan Institute.