Patrick J. Schena

Patrick J. Schena

Mugar 251C
160 Packard Avenue, Medford, MA 02155
Research/Areas of Interest:

International capital markets; Asian banking and finance; Sovereign wealth management; The role of state as investor


  • Doctor of Philosophy, Fletcher School of Law & Diplomacy, USA, 2000


Patrick J. Schena, Ph.D., is Adj Asst Professor of International Business at The Fletcher School, Tufts University, where for 20 years he has taught courses on finance, investment management, and private equity. He also serves as Professor of Finance at the Hult International Business School.  Since 2009, he has served as Co-Head of SovereigNet, The Fletcher Network for Sovereign Wealth and Global Capital. In addition, he is an Associate-in-Research at the Fairbank Center for Chinese Studies at Harvard University.  In parallel to his academic work in finance, which has included teaching in several Boston-area MBA programs, Dr. Schena has 30 years of industry experience in finance, investments, operations, and technology management with a disciplinary focus in asset management. His professional work has included finance and consultancy positions at Wang Laboratories, Automatic Data Process, and Genpact, as well as co-founding and serving in executive roles – including CFO, COO, and CEO - in several start-up businesses servicing the global asset management industry.  He currently serves as Chairman of the advisory committee of a World Bank - PIAFF study on the evolution and role of strategic investment funds. Dr Schena holds a Ph.D. from the Fletcher School at Tufts University with a disciplinary concentration in international finance and capital markets, a MA in Law and Diplomacy from the Fletcher School, and MA and BA degrees from Boston College.

Areas of expertise

Economic Development
International Business
International Finance & Monetary Policy

Courses taught

Selected Publications and Presentations


Patrick J. Schena and Eliot Kalter, "Social Impacts and the Practice of Direct Infrastructure Investment", Guggenheim Partners, 2020

Patrick J. Schena and Javier Capape, “Managing Continuity…Embracing Change: Sovereign Wealth Fund Direct Investments in 2018-2019”, in Sovereign Wealth Funds 2019 (Instituto de Empresa, Center for the Governance of Change, 2020

Patrick J. Schena, “Asian Banking and Finance”, Ch 26 in Laurent Jacque, International Corporate Finance: Value Creation with Currency Derivatives in Global Markets ed. 2 (Hoboken, NJ: John Wiley & Sons, 2020)

Patrick J. Schena and Andrea Perales, “Beyond the Horizon: Sovereign Wealth Fund Direct Investments in 2017-2018”, in Sovereign Wealth Funds 2018 (Instituto de Empresa, Center for the Governance of Change, 2019

Asim Ali and Patrick J. Schena, “Look Before You Leap: Harvesting Oil Wealth in Guyana via a Sovereign Wealth Fund”, Harvard International Review, Vol XXXIX, No 2, 2018

Patrick J. Schena, Juergen Braunstein, and Asim Ali, “Capitalizing Economic Development Through Sovereign Investment: A “Paradox of Scarcity”?, Global Policy, 2018

Patrick J. Schena, “When States Invest at Home: The Development Role of Sovereign Wealth Funds In Public Finance”, Wake Forest Law Review, December 2017

Patrick J Schena and Asim Ali, “Sovereign Wealth Fund Investment in Economic Transformation: Toward an Institutional Framework”, World Economic Journal, Vol.18, No 1, Jan-Mar 2017

Patrick Schena and Ravi Chaturvedi, “Financing of the Digital Ecosystem: The “Disruptive” Role of SWFs…Reconsidered”, in Sovereign Wealth Funds 2015, ESADEgeo - Center for Global Economy and Geopolitics, 2015

Patrick J. Schena, “Asian Banking and Finance”, in Laurent Jacque, International Corporate Finance: Value Creation with Currency Derivatives in Global Markets ed. 1 (Hoboken, NJ: John Wiley & Sons, 2014)