David Bohigian of the Overseas Private Investment Corporation (OPIC) will speak at the Bush School of Government and Public Service about his efforts to launch a new government agency, the U.S. International Development Finance Corporation (DFC), that modernizes OPIC. The new agency will help increase private sector investment in the developing world and enable the United States to compete more effectively with China in emerging markets. The event is an installment of the Conversations in Public Policy series hosted by the Mosbacher Institute at the Bush School of Government and Public Service at Texas A&M University and will be held on Wednesday, October 30, at 5:30 p.m.
Those wishing to attend “Trade, Finance, & Development: A New Role for the United States” can register on the Bush School website or by calling (979) 845-1927. A reception will begin at 5 p.m. with Bohigian speaking at 5:30 p.m. The lecture is open to the public, but reservations are strongly recommended by Monday, October 28.
On October 5, 2018, President Trump signed the Better Utilization of Investments Leading to Development (BUILD) Act into law. In addition to consolidating OPIC and USAID’s Development Credit Authority, the BUILD Act equips DFC with a more than doubled investment cap of $60 billion and new financial tools to more effectively mobilize private capital to the developing world.
Bohigian has extensive experience in investment, management, and international development, including serving on the core management team of Bridgewater Associates, the world’s largest hedge fund, and in various senior positions at the U.S. Department of Commerce during the George W. Bush administration.
Following Bohigian’s remarks, Robert Mosbacher Jr., Chairman of Mosbacher Energy Company and former Chief Executive Officer of OPIC, will engage Bohigian in an on-stage conversation.