David Smoot is chief executive officer at Dubai International Capital LLC (DIC). He is also chairman of the portfolio company Almatis and vice chairman of StandardAero. David serves on the boards of DIC portfolio companies Doncasters, Mauser, Rivoli, and Dubai Aerospace Enterprise. DIC’s portfolio companies are engaged in manufacturing, retail, aircraft maintenance services, and aircraft leasing. On a combined basis, the companies generate over $5 billion of annual revenue and employ over 15,000 people in 25 countries on six continents.
Prior to joining DIC in June 2008, David spent 11 years at Morgan Stanley where he was a managing director and co-founder of Morgan Stanley Private Equity (MSPE), the firm’s third party investment vehicle. He led portfolio investments in retail and aerospace and was responsible for building a team of 35 professionals in New York and London. In this capacity, David served on the boards of McKechnie Aerospace, a leading aerospace components manufacturer, and Tops Markets, a New York-based supermarket chain.
Prior to his role in MSPE, David was managing director, financial sponsors, at Morgan Stanley Investment Banking where he advised clients including Bain Capital, Blackstone, First Reserve and Warburg Pincus on M&A, IPOs, and debt and equity financings.
David is a graduate of Harvard Law School and Duke University and a member of the New York Bar. He will become one of TIP’s first legacy parents this summer, when his son attends Summer Studies at Duke.