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Ms.
Callear is the Executive Vice President and Chief Operating
Officer of the Small Enterprise Assistance Funds, a
manager of 15 emerging market private equity funds investing
in small and medium enterprises (SMEs). Although SEAF
is a not-for-profit organization, its equity funds are
managed on a for-profit basis on behalf of each fund's
investors. Ms. Callear is responsible for the day-to-day
operations of SEAF worldwide as well as oversight of
corporate policy in a wide variety of areas. SEAF has
had more than $280 million under management and has
made 235 investments. SEAF has offices and staff in
14 countries with a strong presence in Central and Eastern
Europe as well as fund operations in Asia and Latin
America.
Prior
to coming to SEAF, Ms. Callear served as Vice President/Treasurer
and Chief Financial Officer of the Overseas Private
Investment Corporation (OPIC). During her tenure at
OPIC, one of Ms. Callear's responsibilities included
heading up the group responsible for assessing the economic
and social development impact of OPIC's investments,
including impacts on the U.S. economy, the environment,
human rights and labor rights. She oversaw the implementation
of all of OPIC's policy mandates, including the monitoring
of the portfolio. She spent almost 20 years at OPIC
in a variety of capacities, including serving as its
Chief Executive Officer during two political transitions
in 1993 and 1997. OPIC is the agency of the U.S. government
that promotes investment in emerging markets, with a
USD 16 billion portfolio of developing country loans,
guaranties, political risk insurance, and equity investment
funds.
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