Press Release

Sterling Stamos Partner Daniel Okimoto to Receive Lifetime Achievement Award from Keizai Society

MENLO PARK, CA, January 30, 2009 – Stanford University Professor Emeritus Daniel I. Okimoto, a partner at Sterling Stamos Capital Management, L.P., will be honored by the Keizai Society today with a Lifetime Achievement Award for his contribution to political economics. The Keizai Society is a professional association dedicated to advancing business and technology associations between the United States and Japan.

The award will be presented by California Secretary of State Debra Bowen. Professor Okimoto has previously received the Japanese Foreign Minister’s Commendation and the Order of the Rising Sun for his work in promoting Japanese-American relations.

“Professor Okimoto is a pioneer and legend in political economics,” said a Keizai Society spokesperson. “As our governments seek ‘revitalization’ of the international credit crisis, it is more important than ever to understand the interaction between financial globalization and domestic politics.”

In learning of the award, Professor Okimoto said, “I am delighted to receive this recognition. Over the course of my life, I have had a chance to witness, first-hand, the emergence of what is arguably the world’s most seminal bilateral alliance over the past half-century. What is clear is that the alliance between the United States and Japan remains as critical as ever, and that the two economic giants have a significant stake in working together to stabilize the global economy.”

Professor Okimoto is a partner and the chairman of the Sterling Stamos Global Institute at Sterling Stamos. Founded in 2002, Sterling Stamos is a private investment firm that invests globally using an endowment approach across five asset classes: fixed income, equity, absolute return, real assets, and private equity.

Professor Okimoto is also Professor Emeritus of Political Science, Senior Fellow of the Institute for International Studies, and Director Emeritus and Co-Founder of the Shorenstein Asia/Pacific Research Center at Stanford University. During his 30-year career at Stanford, Professor Okimoto played a central role in establishing several interdisciplinary programs and research institutions, including the Stanford Institute for International Studies, the East Asian Studies Program, the Shorenstein Forum on Asia Pacific Studies, the Asia/Pacific Scholars Program, and the Stanford Center in Japan. He has taught at the Stockholm School of Economics and the International Research Center in Japanese Studies in Kyoto, Japan.

The Shorenstein Asia/Pacific Research Center, which Professor Okimoto co-founded, is a leading center for scholarly research, public policy, and policy outreach. He has been Vice-Chairman of the Japan Committee of the National Research Council at the National Academy of Sciences and a member of the Advisory Council of the Department of Politics at Princeton University.

Professor Okimoto earned a BA from Princeton University, received an MA from Harvard University, and earned a PhD in Political Science from the University of Michigan. He is the author and editor of numerous books and articles, including Between MITI and the Market: Japanese Industrial Policy for High Technology, and co-editor of The Political Economy of Japan and Competitive Edge: The Semiconductor Industry in the US and Japan.