Publications

January 2001 (Revised May 2001)
Case

Return Logic, Inc. (B)

By: Richard G. Hamermesh and Michele Lutz

Highlights how multiple rounds of financing work in practice and illustrates how terms agreed to in early-stage financing deals have an impact in later financing rounds. Also illustrates ethical issues that entrepreneurs confront as they build "dot-com" ventures. View Details

Keywords: Venture Capital; Investment Funds; Private Equity; Internet and the Web; Negotiation Deal; Entrepreneurship; Ethics

16 Oct 2014
News

Innovating for International Aid

jobs. Wu’s private-sector résumé is also filled with enough experience for a couple of different careers. He cofounded and served as general partner of FTV Capital, a private equity firm with more than $1... View Details

Keywords: Constantine von Hoffman

Fast Answer

Executives: biographies

affiliates/alumni. In addition, Boardex Private Equity Network module contains 950,000 leaders and decision-makers across 1,600,000 private organizations. This... View Details

March 2008
Supplement

Carlyle Japan (C)

By: David B. Godes, Masako Egawa and Mayuka Yamazaki

This is a supplement to the (A) and (B) cases. It documents the shift in Carlyle's networking strategy. The firm decreased its focus on building contacts in commercial banking an increased instead the focus on building more contacts with industry directly. View Details

Keywords: Private Equity; Banks and Banking; Investment; Growth and Development Strategy; Supply and Industry; Networks; Japan

01 Jan 2006
News

Sir Ronald M. Cohen, MBA 1969

invest in venture capital. Guided by Cohen, who is regarded as the father of the European venture capital industry, Apax emerged as one of the world’s preeminent VC and private equity investment groups,... View Details

20 Feb 2006
Research & Ideas

Are Company Founders Underpaid?

involved. For instance, of 290 founder-CEOs in my sample, 51 percent earned the same or less than a direct report. In other words, fewer than half of founder-CEOs out-earned their subordinates! Also, the more View Details

Keywords: by Sarah Jane Gilbert; Financial Services; Technology

29 Jun 2016
News

Women of Wall Street Tell Their Story

lot of similarities in what they were trying to do and what all the women at that meeting were trying to do.” For all that, Equity is anything but a capital-M message movie, says Munger. “It does not fall into the potential trap of... View Details

Keywords: Constantine von Hoffman; photography by Chris Taggart; Funds, Trusts, and Other Financial Vehicles; Funds, Trusts, and Other Financial Vehicles

August 2007 (Revised April 2008)
Case

Texas Pacific Group--J. Crew

By: Michael J. Roberts, William A. Sahlman and Lauren Barley

Describes Texas Pacific Group's purchase and operation of J. Crew, the catalog and specialty clothing retailer. Highlights the issues involved in financing such a transaction, and then focuses on the operational challenges of turning around the business, and of TPG's... View Details

Keywords: Mergers and Acquisitions; Private Equity; Financing and Loans; Investment; Operations; Organizational Change and Adaptation; Apparel and Accessories Industry; Retail Industry

January 2001 (Revised May 2001)
Case

Return Logic, Inc. (A)

By: Richard G. Hamermesh and Michele Lutz

Follows three graduating HBS students as they build a business-to-business Internet venture and highlights the challenges they confront in structuring financing terms with venture capitalists. Requires students to carefully read a six-page term sheet to identify which... View Details

Keywords: Venture Capital; Investment Funds; Private Equity; Internet and the Web; Negotiation Deal; Entrepreneurship