Publications

November 2005 (Revised August 2006)
Background Note

When Investing and Social Objectives Meet

By: Gregory S. Miller, Vincent Marie Dessain and Anders Sjoman

Introduces students to a group of investors and stakeholders who evaluate firms at least partially on factors other than eventual investment payoff. Focuses on investors who evaluate and attempt to impact firms' ethical, corporate governance, or other "societal"... View Details

Keywords: Consumer Behavior; Investment; Business and Stakeholder Relations; Business and Shareholder Relations

02 Aug 2021
News

Why Bond Funds May Be Riskier than They Seem

22 Sep 2017
News

State Street’s SHE: Investing in Women Leaders

14 Nov 2021
News

Vikram Gandhi—HBS Professor and Managing Partner at Asha Impact Fund

June 2005 (Revised January 2006)
Case

Investment Policy at the Hewlett Foundation (2005)

By: Luis M. Viceira

In early January 2005, Laurance Hoagland Jr., VP and CIO of the William and Flora Hewlett Foundation (HF), and his investment team met to finish their recommendations to the HF Investment Committee for a new asset allocation policy for the foundation's investment... View Details

Keywords: Investment Portfolio; Risk and Uncertainty; Public Equity; Globalization; Investment; Property; Risk Management; Asset Management; Financial Services Industry

January 2024
Technical Note

Venture Capital and Private Equity Funds: A Primer

By: Jo Tango and Christina Wallace

How do venture capital and private equity funds actually work? This Technical Note covers the "when, who, and how" details:

"When": fund length, extensions, and when investors can no longer initiate new investments.
"Who": who is in the General... View Details

Keywords: Fund Flows; Fund Management; Venture Capital; Private Equity; Investment Funds

2011
Other Teaching and Training Material

The Fund Industry: How Your Money Is Managed

By: Robert C. Pozen

This is the teaching manual for the third edition of the fund industry: how your money is managed. It contains review and discussion questions and answers for every chapter. It also contains business-school quality cases for most chapters, including assignment... View Details

Keywords: Financial Management; Investment Funds; Money; Financial Services Industry

17 Feb 2003
Research & Ideas

Rating Fund Managers by the Company They Keep

Business. At its core, the new system compares a fund manager's investments with those of other successful fund managers, making past performance less important in the rating... View Details

Keywords: by Ann Cullen

March 2007
Teaching Note

Canyon Johnson Urban Fund (TN)

By: Felix Oberholzer-Gee

Teaching note to 706442. View Details

Keywords: Partners and Partnerships; Investment; Projects; Urban Development; Business and Community Relations; Price; Economics; Financial Services Industry; Los Angeles

1967
Chapter

Determinants of Mutual Fund Performance

By: Michael Jensen

Keywords: Investment Funds; Performance Productivity; Financial Services Industry

March 2025 (Revised May 2025)
Case

Primetime Partners: Investing in Healthspan, Wealthspan, and Workspan

By: Rembrand Koning, Nicole Tempest Keller and Susan Wilner Golden

In the fall of 2024, Abby Miller Levy (HBS ’01), co-founder and managing partner of Primetime Partners, was preparing to raise a second fund. Founded in 2020 with veteran investor Alan Patricof, Primetime was a horizontal fund focused on early-stage companies serving... View Details

Keywords: Investment Funds; Age; Social Issues; Financing and Loans; Investment Return; Business Strategy; Financial Services Industry; United States

01 Jun 2017
News

Powered by the HBS Fund

alumni.hbs.edu/facultyresearch to watch: Professor Jan Rivkin talk about his passion for case writing and the origin of his case on LEGO’s return from bankruptcy. Associate Professor Raffaella Sadun discuss how she uses data to explore the impact of information... View Details

11 Jul 2012
News

A Hedge-Fund Manager With a Low Profile

Keywords: Hedge funds; value investing; Funds, Trusts, and Other Financial Vehicles; Finance

01 Sep 2005
News

Gifts Create Frist Financial Aid Fund

TOMMY, JULIE, AND BILLY FRIST: New fund supports fellowships and innovation in financial aid. Photo Courtesy Frist family Financial aid at HBS has received a $10 million boost, thanks to a $9 million gift from the Thomas F. Frist Jr.... View Details

Keywords: Business Schools & Computer & Management Training; Educational Services

30 May 2019
News

How to Ensure ESG Investing Isn’t Whitewash

01 Jun 2015
News

Research Brief: If State Pensions Clean Up Their Books, Who Pays?

When the financial crisis hit in 2008, it became apparent that many states had played fast and loose with their pension funding. Some states slashed benefits, others contemplated bankruptcy. You might think state governments, burned badly... View Details

Keywords: Erin Peterson

01 Mar 2012
News

Social Investing Pioneers

simple enough. Investors fund nonprofit social ventures whose interventions result in a measurable social benefit as well as a financial savings to the government. (Government saves money, for example, when fewer people are homeless or... View Details

Keywords: Roger Thompson; Funds, Trusts, and Other Financial Vehicles; Finance; Social Assistance; Health, Social Assistance

2023
Working Paper

Do Active Funds Do Better in What They Trade?

By: Marco Sammon and John J. Shim

We develop two new, simple measures to quantify active fund decisions at the individual position level. The intuition is to separate passive rebalancing induced by flows and position changes from active rebalancing decisions. We find that additive active rebalancing --... View Details

Keywords: Investment Funds; Financial Management