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Crane, Donald

Adjunct Clinical Assistant Professor
International Transactions Clinic
2014-2015

2024 South Hall
734.763.9377
E-mail crnstndg@umich.edu

Donald Crane is an experienced international counsel with a focus on supporting organizations that engage in double bottom line activities and impact investing in the developing world. His background includes extensive experience in international capital markets, in promoting governance, transparency and ethics, in regulatory practice, in guiding international organizations on establishing local operations, on cross-border issues, and in promoting market reforms. He has particular expertise in building platforms for sustainable activities, and in navigating cultural environments with different legal systems with developed world legal and ethical standards. He is also affiliated with MNS International, a New York-based economic and financial advisory firm with experience in sovereign consulting and international financial transactions.

Prior to expanding his practice in impact investing, Crane was vice president and general counsel of FINCA International, where he established an industry-changing holding company for accessing social investment capital. Prior to FINCA, he was of counsel with the international law firm of Kirton & McConkie, following tenure as chief of party for a U.S. AID-sponsored project for capital market development in Sofia, Bulgaria. While in Sofia, his project facilitated a successful mortgage bond issue, the first in the Balkans since prior to the Second World War. He also worked with government regulators in implementing programs for conversion to international accounting and auditing standards, as well as for financial planning and analysis and securities regulation reform. Previously, he had served as vice president and general counsel for a NASDAQ National Market biopharmaceutical and as senior securities and finance counsel for a leading global surgical device company. During the early part of his career he held increasingly senior positions in the legal department of the Bell System, rising to assistant secretary and corporate counsel for BellSouth Corporation after coordinating the divestiture of AT&T on behalf of Southern Bell.

Crane is a frequent speaker at forums on financial inclusion and impact investing, including Covington & Burling's anticorruption summit, a New York Bar association program on social capital, and as a panelist at a New York University forum on legal and policy issues in impact investing.

He has traveled and worked extensively in Africa, Central Asia, Eastern Europe, Latin America, and the Middle East. He is functional in French, Bulgarian, and Italian, with basic skills in Russian and Spanish.

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