Mr. Skouras is a Managing Director and Co-Founder of Cue Capital, LP. Immediately prior to co-founding Cue Capital in 2003, Mr. Skouras raised capital for fund managers, and advised early stage growth companies and companies undergoing restructuring. In this capacity he raised over $500 million through direct institutional sales efforts. Fund raising assignments for private equity funds included: Global Finance- the leading Southern and Eastern European focused private equity group, Southern Cross- a Latin American Private Equity Firm, The Regent Pacific Group- an Asian and Eastern European fund manager, and Plum Capital- a media/new media fund.
Previously, Mr. Skouras was Managing Director and Board Member of Austrian based Creditanstalt BankVerein’s investment bank in New York and Russia. At Creditanstalt his responsibilities included asset management and capital raising for investments in Russia and Eastern Europe. He was the Board member responsible for developing a series of private equity funds in the region.
Much of his career was spent at Citicorp (1978-1994) restructuring and investing in domestic and foreign distressed and bankrupt firms. In 1985, he moved to Hong Kong to restructure several well known Asian shipping fleets including that of the first CEO of Hong Kong, Tung Che Wa. Mr. Skouras started one of the first restructuring funds in 1987, Citicorp Turnaround Investments, and was on the board of Citicorp Venture Capital. With $100 million of Citicorp capital Mr. Skouras grew the fund to $193 million at liquidation in 1990 when Citicorp itself was in financial distress.
Mr. Skouras then began investing for Citicorp in Emerging Markets through privatizations, and debt for equity swaps as a Managing Director of Citicorp International Equity Investments. In 1992, he was asked to devise a plan to open up banking operations for Citicorp in the Former Soviet Union. He moved to Moscow in 1992 first to open a Representative Office and then began operations in Ukraine and Kazakhstan. In 1994, he gained the first full banking license for an American bank in the Russian Federation. His early career at Citicorp was spent managing global account relationships of various multi-national corporations.
Mr. Skouras was born in New York in 1954. He graduated with a BA in Russian and Economics in 1976 from Tufts University and studied for a Masters Degree at the Paul Nitze School of Advanced International Studies at Johns Hopkins University (SAIS), where he was awarded the merit of Honors and Distinction in 1978. While at SAIS, he was actively involved in student government, later he was appointed as an original member of the SAIS Advisory Council. In the summers of 1974 and 1975, he worked in Moscow as an intern for the US-USSR Trade and Economic Council. He also holds the Principal (Series 24) License, in addition to Series 7 and 63, with the NASD.