Jay Koh is the Founder of The Lightsmith Group. He previously served as a managing director and partner of Siguler Guff, as a member of the firm’s senior management team and sat on the Investment Committees for all of Siguler Guff’s multi-manager funds. With over 19 years of experience at top-tier institutions in the public and private sectors, he provides a broad range of industry expertise and deep knowledge of various investment products and strategies to Siguler Guff. Mr. Koh is also a member of the Private Sector Advisory Group to the United Nations Green Climate Fund.
Prior to joining Siguler Guff in 2012, Mr. Koh was the head of investment funds and chief investment strategist at the Overseas Private Investment Corporation (OPIC), the development finance institution of the United States government. In this role, he led the agency’s $2.6 billion active emerging markets private equity program, oversaw 33 funds, and was involved in managing a $15 billion portfolio of political risk insurance, direct finance, and private equity investments. He also guided the development of OPIC’s strategic relationships and new products, including OPIC’s first fund-of-funds and first agriculture fund. He was OPIC’s chief financial officer from 2010 to 2011.
From 2007 to 2009, Mr. Koh led private equity and illiquid investing for Europe, the Middle East, and Africa (EMEA) at R3 Capital, formerly the Global Principal Strategies Division of Lehman Brothers. He served as the head of EMEA Private Equity at both institutions, and was a partner at R3 Capital and a managing director at Lehman Brothers. Previously, he focused on direct growth equity investing, with an emphasis on telecommunications and security, as a principal at The Carlyle Group, where he worked from 2000 to 2007 and also from 1993 to 1995.
From 1998 to 2000, he served as a law clerk to Justice David H. Souter, United States Supreme Court, and to Judge Michael Boudin, United States Court of Appeals for the First Circuit.
Mr. Koh holds a bachelor’s degree in economics magna cum laude from Harvard College, a master’s degree in management with a focus on international management from Oxford University, and a juris doctor degree from Yale Law School. He is a member of the Council on Foreign Relations and The State Bar of California.