Publications

June 2007 (Revised January 2008)
Case

The Vanguard Group, Inc. in 2006 and Target Retirement Funds

By: Luis M. Viceira

The Vanguard Group is one of the largest asset managers in the U.S., with over $1 trillion in assets, ninety percent of which are mutual fund assets, and more than 12,000 employees at year-end 2006. Vanguard has built a strong reputation as the manager of reference for... View Details

Keywords: Asset Management; Investment Funds; Personal Finance; Brands and Branding; Retirement; Trust; Financial Services Industry; United States

May 2007 (Revised April 2010)
Teaching Note

Leadership Development at Goldman Sachs (TN)

By: Boris Groysberg and Scott A. Snook

Keywords: Leadership; Growth and Development; Financial Services Industry

September 2006 (Revised June 2007)
Case

3i Group plc: May 2006

By: G. Felda Hardymon and Ann Leamon

Since 2004, Philip Yea, the first outsider ever to lead 3i Group, one of Europe's largest publicly listed private equity firms, has been trying to help the far flung organization become more of a streamlined partnership even as it functions around the globe. As he... View Details

Keywords: Private Equity; Globalized Firms and Management; Alignment; Partners and Partnerships; Public Ownership; Employees; Goals and Objectives; Financial Services Industry

April 2006 (Revised October 2006)
Case

Chrysanthemum and Dragon: JAFCO Asia in China

By: Rawi E. Abdelal and David Lane

In the autumn of 2002, JAFCO Asia, a subsidiary of JAFCO Co., Ltd., became the first foreign private equity firm to open an office in Beijing's Haidian Science Park. JAFCO was the only Japanese private equity firm operating in China. As such, Managing Director Vincent... View Details

Keywords: History; International Relations; Business and Shareholder Relations; Business and Government Relations; Expansion; Market Entry and Exit; Performance Effectiveness; Foreign Direct Investment; Business Strategy; Financial Services Industry; China; Beijing; Japan

December 2005 (Revised March 2007)
Supplement

Drexel Burnham Lambert (B): Kirsch's Talent Sale

By: Boris Groysberg

Keywords: Financial Services Industry

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March 2005 (Revised December 2005)
Case

Actis & CDC: A New Partnership

By: G. Felda Hardymon and Ann Leamon

The senior managing partner of Actis, a leading private equity investor in emerging markets, must decide whether to go into the market to raise money. Actis was spun out of CDC, a 50-year-old division of the U.K.'s Department for International Development, and is... View Details

Keywords: Private Equity; Partners and Partnerships; Emerging Markets; Financial Services Industry; United Kingdom

December 20, 2007
Article

Profit And Poverty: Why It Matters

By: Michael Chu

Commentary on investing in microfinance View Details

Keywords: Microfinance; Profit; Poverty; Financial Services Industry

2008
Working Paper

Attracting Flows by Attracting Big Clients: Conflicts of Interest and Mutual Fund Portfolio Choice

By: Lauren Cohen and Breno Schmidt

We explore a new channel for attracting inflows using a unique dataset of corporate 401(k) retirement plans and their mutual fund family trustees. Families secure substantial inflows by being named trustee of a 401(k) plan. This affords the plan sponsor potential... View Details

Keywords: Investment Funds; Investment Portfolio; Conflict of Interests; Financial Services Industry

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November 2004 (Revised May 2005)
Case

Salomon Brothers (C)

By: Lynn S. Paine

Supplements the (A) case. A rewritten version of an earlier case. View Details

Keywords: Financial Services Industry

September 2004
Teaching Note

Chengwei Ventures and the hdt* Investment (TN)

By: Josh Lerner, G. Felda Hardymon and Ann Leamon

Teaching Note to (9-802-089). View Details

Keywords: Financial Services Industry; China

September 2004
Teaching Note

In-Q-Tel (TN)

By: Josh Lerner, G. Felda Hardymon and Ann Leamon

Teaching Note to (9-804-146). View Details

Keywords: Financial Services Industry

August 2004
Teaching Note

AIT Group plc (TN)

By: G. Felda Hardymon, Josh Lerner and Ann Leamon

Teaching Note to (9-803-104). View Details

Keywords: Financial Services Industry; United States; United Kingdom

April 2004 (Revised March 2006)
Teaching Note

Enron Corporation: May 6, 2001 Sell Recommendation (TN)

By: David F. Hawkins and Jacob Cohen

Teaching Note to (9-104-075). View Details

Keywords: Financial Services Industry

April 2004 (Revised May 2005)
Case

ING DIRECT

By: James L. Heskett

The CEO of ING Direct (U.S.) has to decide: (1) whether and how to coordinate his organization's branding effort with its parent, ING Group, and (2) how fast to grow the business. Includes color exhibits. View Details

Keywords: Decision Choices and Conditions; Entrepreneurship; Leadership Style; Growth Management; Brands and Branding; Planning; Problems and Challenges; Financial Services Industry; United States

December 2003 (Revised December 2004)
Case

Building Hedge Funds at Prospero Capital

This case discusses the issues facing a relatively new and small equity hedge fund as it attempts to expand its investor base. View Details

Keywords: Expansion; Business Startups; Finance; Financial Services Industry

March 2003 (Revised November 2003)
Case

3i Group plc

By: G. Felda Hardymon, Josh Lerner and Ann Leamon

Brian Larcombe, CEO of 3i Group, one of the world's largest private equity firms and one of the few publicly listed ones, is deciding how best to use his firm's international network to deliver superior returns to shareholders. This case presents 3i's history and... View Details

Keywords: Business History; Networks; Private Equity; Growth Management; Global Strategy; Public Ownership; Business and Shareholder Relations; Growth and Development Strategy; Financial Services Industry