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Fletcher alumnus leads fundraising effort for Bosworth Scholars program

When the People Power Revolution in the Philippines toppled dictator Ferdinand Marcos and elevated Corazon Aquino to the presidency in 1986, Charles H. Dallara, F75, F76, F86, set out to meet the new leader immediately as part of a high-level U.S. delegation. He wanted to offer financial support for her nascent democratic government, and given his dual roles as senior deputy assistant secretary for international affairs at the U.S. Treasury and U.S. executive director of the International Monetary Fund, he had the power to do so.

He also had a key ally, who accompanied him to Aquino’s office: U.S. Ambassador Stephen W. Bosworth, who would later become the dean of the Fletcher School.

“Steve was a very savvy ambassador, very supportive and constructive,” says Dallara, who has been a member of the board of advisors of the Fletcher School since 1997 and is now vice chair. “Steve is not a loud leader, but he’s a strong one.”

Access to greatness

More than 25 years after that fateful day in Manila, Dallara is working with other Fletcher advisors to raise funds for the Bosworth Scholars program. The endowed scholarship will honor the dean, who steps down from his post at the end of this academic year, and continue his efforts to make Fletcher affordable for talented students from around the globe.

“The Fletcher School has benefited me throughout my career,” Dallara says. “It prepared me to be a problem solver in the real world of economic policy making, where you need to understand economics, finance, and politics. And Steve has led a period of tremendous growth and development at Fletcher, so it is entirely appropriate that his legacy be cemented by the launch of the Bosworth Scholars program.”

Investing wisely

Married with three grown children, Dallara recently left the Institute of International Finance, where he was the managing director and CEO for nearly 20 years. In that role, he represented more than 400 global financial institutions, including many of the world's largest banks, most visibly during negotiations over restructuring Greece’s debt.

Dallara is now a vice chair of Partners Group, a global private equity firm. “Rather than dealing with the macro picture all the time, as I have been for many years,” he says, “I thought it would be interesting to get involved directly in investing in the real economy.”

For more information about supporting the Bosworth Scholars, please contact Jennifer Weingarden Lowrey, senior director of development and alumni relations, at 617-627-2720 or