"Trump to nominate Fairfield resident to key administration role," coverage in The Fairfield Citizen, November 25, 2020, featuring Adjunct Professor David L. Fogel.
B.S., Georgetown; J.D., Georgetown; M.B.A., Georgetown
David Fogel is a two-time successful entrepreneur and proven business executive with extensive experience at all stages of the entrepreneurial process – business inception, raising capital and investing himself in start-ups, scaling and operating businesses, and exiting mature companies.
Currently, David is CEO of NCCS, the operating subsidiary of Coinmint, a leading crypto mining company that operates one of the largest renewable blockchain data centers in the world.
Professor Fogel served as Co-Founder, President, Chief Operating Officer and Chief Financial Officer of IndexIQ, an innovative indexing business and exchange-traded fund (ETF) issuer currently with over $4 billion in assets under management. In April 2015, New York Life, a Fortune 75 company, completed its acquisition of IndexIQ. Professor Fogel’s responsibilities at IndexIQ covered all day-to-day operations, including product development, portfolio management and trading, corporate financial reporting and budgeting, fund operations and finance, legal and compliance, regulatory affairs, investor relations, and IT and cybersecurity, as well as running IndexIQ’s sale process to multiple bidders, including New York Life. He then continued for four years to integrate IndexIQ into New York Life and enhance the company’s operations and footprint as President and COO at IndexIQ and Managing Director and Senior Advisor at New York Life. As of December 31, 2018, Professor Fogel ended his affiliation with IndexIQ-New York Life consistent with the acquisition terms.
Professor Fogel began his career in 1997 as a corporate attorney at Sullivan & Cromwell LLP, focusing on mergers and acquisitions, securities, and private investment funds. In 1999, he co-founded SmartPortfolio.com, Inc., which became a leading email financial newsletter business with over 250,000 subscribers that was sold to TheStreet.com, Inc., a publicly-traded financial information company, in 2000. After the sale, Professor Fogel joined TheStreet.com where he integrated his prior business and led new product development. In 2003, he helped launch Circle Peak Capital LLC, a private equity firm focused on investments in small-cap consumer product and financial services companies. In 2005, Professor Fogel became Vice President at Groton Partners, a boutique merchant bank specializing in mergers and acquisitions and sophisticated private investments. In 2006, he left Groton Partners to start IndexIQ with two partners.
In September 2020, Professor Fogel was appointed Senior Advisor and Chief Business Development Officer in the Office of the Under Secretary of State for Economic Growth, Energy, and the Environment at the United States Department of State. In November 2020, Professor Fogel was nominated as Assistant Secretary of State for Economic and Business Affairs. Prior to the State Department, he was appointed as Chief of Staff, the number two position, at The Export-Import Bank of the United States (EXIM), where he was responsible for day-to-management of the 500-person independent agency, policy, and EXIM Board-level transactions, and was awarded the Distinguished Service Award. His policy responsibilities included coordinating among multiple stakeholders within the various departments of the executive branch, the White House, the U.S. Congress, U.S. businesses, and outside advocacy groups. At both the State Department and EXIM, Professor Fogel traveled around the world to meet with foreign leaders and ministers and advocate for U.S. business interests.
Professor Fogel received a B.S.F.S., summa cum laude and Phi Beta Kappa, from the Georgetown University School of Foreign Service, a J.D., magna cum laude and Order of the Coif, from Georgetown University Law Center where he served as an editor on the Georgetown Law Journal, and an M.B.A. (concentration in Finance) from the Georgetown University McDonough School of Business. Prior to his government appointments, he served on the Advisory Board for both The McDonough School of Business and The Wall Street Alliance at Georgetown and was the recipient of both the Alumni Association Entrepreneur of the Year Award and the School of Business Dean’s Award in 2016. Professor Fogel also was a member of the Board of Trustees of Freedom House, a 75-year non-partisan organization that promotes freedom, human rights and democratic change globally. He currently serves as an Adjunct Professor at Georgetown University Law Center, where he teaches Entrepreneurship, and has actively advised and mentored student and alumni entrepreneurs as an Entrepreneur-in-Residence and otherwise.