Chairman and Chief Executive Officer, Cranemere, LLC
Mr. Mai is the Chairman and CEO of Cranemere, LLC since the firm was founded in January 2012. Prior to joining Cranemere, Mr. Mai was at AEA from 1989 to the end of 2011. He joined AEA as CEO and became Chairman in 1998. AEA is one of the oldest private equity firms in the U.S. with offices in New York, London, Munich and Hong Kong. AEA focused on implementing successful operating improvements in its portfolio companies and working in close partnership with management teams to build businesses. These elements established AEA as one of the most successful global middle market private equity investment firms in the last twenty years. Mr. Mai served as Chairman of the Investment Committee for the 2006 Investment Program; and has served on the boards of many of AEA’s portfolio companies. Before joining AEA, Mr. Mai was a Partner at Lehman Brothers. He was head of that firm’s international investment banking activities and co-head of all of its investment banking activities. Before assuming management responsibilities at Lehman, Mr. Mai worked with a broad range of European and U.S. businesses on their strategic and capital-raising needs. Mr. Mai started his career at S.G. Warburg & Co. in London, where he became an Executive Director. During that period, he worked closely with Sir Siegmund Warburg, one of the co-founders of AEA. Mr. Mai is involved in several not-for-profit activities. He is Chairman of the Board of Sesame Workshop, producers of Sesame Street, a leading children’s educational television program featured in more than one hundred countries. Mr. Mai also serves on the boards of the International Center for Transitional Justice and the Juilliard School. He was a director and currently a member of the Council on Foreign Relations. For 10 years during the 1990’s, Mr. Mai was a director of The Carnegie Corporation of New York, and Fannie Mae. Mr. Mai, who grew up in South Africa, is a Chartered Accountant and was educated at the University of Cape Town.