House of Representatives
Committee on the Judiciary
Subcommittee on Crime
Hearing on H.R. 748
"Prohibition on Financial Transactions With Countries Supporting Terrorism Act"
Tuesday, June 10, 1997, 10:00am
Room 2237, Rayburn House Office Building
Testimony
of
Mansoor Ijaz
Chairman
Crescent Investment Management, LP
SNIP
Mansoor Ijaz is founder and chairman of Crescent Investment Management, a New York-based global investment advisor and investment bank. He received his SM degree in mechanical engineering from MIT in 1985, where he trained as a neuro-mechanical engineer under a fellowship granted by the joint MIT-Harvard Medical School Medical Engineering Program. He received his bachelor's degree in nuclear physics from the University of Virginia in 1983. He has applied the extensive modeling experience he gained at MIT to the development of Crescent's proprietary currency and interest rate risk management systems, CARAT, TRACK, RMU and CALOP.
Mansoor has been featured twice in BARRON'S Currency Roundtable discussions, and has appeared on CNN's "Inside Business", "Business Asia" and "Washington Unwrapped" programs to provide insights on topics ranging from hedge-funds to U.S.-China relations to key elements of Pakistan's economic policies to Sudan's oil politics. He has contributed to the editorial pages of the Wall Street Journal and the Los Angeles Times, where his op-ed pieces appeared in June and October 1996 and in March 1997. He was also honored as the Endowment for Democracy's 1995 Humanitarian of the Year in recognition of his efforts to aid poor and disaffected people in Bosnia, South Africa, Hungary and his father's native Pakistan. In October 1996, Mansoor served as a Plenary Session speaker on nuclear proliferation at the State of the World Forum in San Francisco, along with General Lee Butler, Senator Alan Cranston, nobel laureate Joseph Rotblat and others.
Much of Mansoor's time away from Crescent's daily affairs is spent in designing, funding and implementing projects for the people of third-world countries under the direction of his private foundation, The Ijaz Group. His current projects include structuring the asset management systems for the governments of the CIS and designing models for low-income housing in poor African countries. He derives much of his philanthropic motivation from his father and mother who emigrated to the United States in 1960. Mansoor's parents were both physicists. His father was one of the early contributors of the Pakistani nuclear program.
Mansoor has devoted much time to broadening the knowledge base and understanding of American policy-makers to reach more informed positions where the countries of South Asia, East Africa and the CIS are concerned. He has advised the Unity Government of President Nelson Mandela on low-income housing programs, President Sam Nujoma of Namibia on global investment programs for domestic pension plans, and President Haidar Aliev of Azerbaijan on investment of the revenues from Caspian oil reserves. He also meets regularly with the economic and political leaders of Russia, China, Israel, Pakistan, the Sudan and Persian Gulf states on economic and political issues related to his investment management business.
Mansoor is active in Democratic Party politics in the United States. He also earned All-American weightlifting status while attending the University of Virginia. Born in Florida in 1961 and raised in the Blue Ridge Mountains of Virginia, Mansoor divides his time between his homes in New York, Toronto and France today.
Mansoor is active in Democratic Party politics in the United States.
IMO, that alone is enough to show someone "lacks credibility".
Wonder how Miller and Mitchell's Biographical Sketchs stack up regarding the rest of it.