Michael Chu was appointed a Senior Lecturer in the Initiative on Social Enterprise of the General Management Group of the Harvard Business School in July 2003. He continues to serve as Senior Partner and a Founding Partner of Pegasus Capital, a firm dedicated to deploying equity capital in Latin America, with a portfolio including major companies in Argentina.
Chu teaches the second year elective courses Effective Leadership of Social Enterprise and Business and the Base of the Pyramid, the latter a new offering developed and taught together with Professor V. Kasturi Rangan. He is Faculty Co-Chair of the Executive Education program Strategic Leadership for Microfinance. In the past, he has taught the course Investing and Managing in Emerging Markets. Chu is co-head of Project Antares, a collaboration between HBS and the Harvard School of Public Health focusing on commercial approaches to delivering high-impact primary health care to low-income populations in developing nations.
Before Pegasus, as President & CEO of ACCION International, a nonprofit corporation dedicated to microfinance, Chu worked to develop financial services for the working poor as a new segment of banking capable of outstanding returns. He participated in the founding of several microcredit financial institutions and regulated banks throughout Latin America, including Banco Solidario, one of the premier microlending institutions in the world, which under his chairmanship has been the most profitable bank in Bolivia.
From 1989 to 1993, as an executive and limited partner in the New York office of Kohlberg Kravis Roberts & Co, Chu was one of sixteen professionals deploying KKR’s $5.7 billion private equity fund and managing an investment portfolio with aggregate annual revenues in excess of $60 billion. He joined the private equity firm from PACE Industries, a KKR-sponsored leveraged buyout, where he served as Senior Vice President & CFO. Previously, he held senior management positions in U.S. corporations and was a management consultant with the Boston Consulting Group. Chu currently serves on the boards of Sealed Air Corporation (NYSE), ACCION International, BoardSource and is a Trustee of Dartmouth College.
Chu graduated with an A.B.(Honors) from Dartmouth College and received a M.B.A. with highest distinction (Baker Scholar) from Harvard Business School.
Chu was born in Kunming, China and grew up in Montevideo, Uruguay. He and his wife Victoria Cowling Chu reside in West Newton, MA.