Source: Polsky Center, University of Chicago, “Polsky Center and Chicago Booth Private Equity Group Host 25th Annual PE Conference”
March 12, 2026
The 25th Annual Chicago Booth Private Equity Conference, hosted by the Chicago Booth Private Equity Group and the Polsky Center for Entrepreneurship and Innovation, brought together investors, students, and industry leaders to discuss private equity, AI, and value creation.
Konstantin Sokolov (MBA ’05), founder and chairman of IJS Investments, delivered the opening keynote. The conversation was moderated by Madhav Rajan, dean of Chicago Booth and the George Shultz Professor of Accounting.
Sokolov reflected on his career journey, which began in the former Soviet Union before he moved to the United States early in his career to pursue new opportunities in business and investing.
After arriving in the United States to join a company in Columbus, Ohio, Sokolov said the transition was both exciting and formative. While adapting to a new professional environment took time, the experience helped him develop the skills necessary to build relationships and navigate global markets.
Sokolov later enrolled in Chicago Booth’s Executive MBA Program, drawn to what he described as the school’s focus on rigorous thinking and foundational business knowledge.
“One thing that connected with me was the focus on giving tools rather than giving solutions,” he said. “You learn the fundamentals, and then you learn how to apply them in situations where there isn’t always a clear right answer.”
During the discussion, Sokolov also shared his outlook on the evolving private equity landscape, noting that the industry continues to play an important role in supporting innovation and economic growth.
Looking ahead, he emphasized the importance of global awareness, collaboration, and adaptability in an increasingly interconnected economy.
“Use every opportunity you can to build global experience,” he told students in the audience. “It’s invaluable and helps you understand how markets and industries connect across the world.”
He concluded by encouraging aspiring investors to stay curious and persistent as they build their careers.
“Private equity is a competitive industry,” Sokolov said. “Be relentless in finding opportunities and continue learning — that’s how you grow.”
Context: Sokolov’s appearance as opening speaker follows his $100 million donation to Chicago Booth, which renamed its Executive MBA Program in his honor. His remarks on global experience and innovation align with his public profile.
🏷️ Tags: Konstantin Sokolov, Chicago Booth, IJS Investments