Publications

October 1998
Case

Terry Hinge & Hardware

Presents Andrew Cousin's efforts to buy a manufacturing business via a search fund. Includes the investment memorandum for the proposed purchase of Terry Hinge & Hardware. View Details

Keywords: Private Equity; Entrepreneurship; Investment; Acquisition

January 1992
Teaching Note

Gulf Oil Corporation-Takeover TN

By: Richard S. Ruback

Teaching Note for (9-285-053). View Details

Keywords: Privatization; Business Exit or Shutdown; Bids and Bidding; Natural Environment; Energy Industry

10 Dec 2013
First Look

First Look: December 10

August 2013 Journal of Accounting Research Private Interaction Between Firm Management and Sell-Side Analysts By: Soltes, Eugene F. Abstract—Although sell-side analysts often privately interact with managers... View Details

Keywords: Sean Silverthorne

November 2000
Case

University Technology Ventures: October 2000

By: Josh Lerner

The founders of University Technology Ventures, a fund of funds designed for university professors, face numerous challenges in raising their first fund. The role, economics, and structure of funds-of-funds are examined in the course of examining the partners' dilemma. View Details

Keywords: Private Equity; Problems and Challenges; Partners and Partnerships; Financial Services Industry

01 May 2013
News

Robert F. Higgins, MBA 1970

While some people end their careers with a focus on philanthropy, Bob Higgins began his that way. After graduating from HBS, he spent nine years with three different private foundations, each with a deep interest in health care. Today,... View Details

October 2020
Supplement

TowerBrook: ESG in Action (B)

By: Victoria Ivashina, Brian Trelstad and Meaghan Conway

This case is the second of a two-part series that follows Ramez Sousou and his team at TowerBrook Capital Partners as they face a challenging investment decision in February of 2013. It is intended to be distributed at the end of the discussion of “TowerBrook: ESG in... View Details

Keywords: ESG; Finance; Private Equity; Corporate Governance; Value Creation

April 2004 (Revised May 2005)
Case

Telecomunicacoes de Sao Paulo SA (Telesp)

By: Lynda M. Applegate, Elizabeth Collins and Ricardo Reisen de Pinho

Set in Brazil during the period of telecommunication's privatization, CEO Manoel Amorim must define a sustainable strategy and build capabilities in his organization. View Details

Keywords: Strategic Planning; Emerging Markets; Privatization; Financial Crisis; Telecommunications Industry; Brazil

01 Dec 2010
News

Rent Out Your Ride

CLARK: A bright idea for utilizing untold idle capacity, America’s privately owned autos. It’s estimated that a privately owned midsize car costs about $8,000 a year to own and operate. In cities, it also... View Details

Keywords: car sharing; Transit and Ground Passenger Transportation; Transportation

17 Jun 2002
Research & Ideas

Entrepreneurship in Asia and Foreign Direct Investment

domestic investment and FDI relative to contractual methods of alliances between foreign firms and domestic firms." One of the reasons why labor-intensive FDI was more important in Singapore and Malaysia in the 1970s and 1980s, he hypothesized, could be due to the... View Details

Keywords: by Martha Lagace

January 1999 (Revised August 1999)
Case

Asia Property Limited

By: William J. Poorvu and Daniel J. Rudd

On October 23, 1998, Bud Lake leafed through his files on property markets in Asia. Lake was responsible for real-estate investments at an aggressive and eclectic investment fund with total assets of $1.5 billion--up from $400 million at its start in 1994. As the fund... View Details

Keywords: Private Ownership; Entrepreneurship; Investment Funds; Globalized Markets and Industries; Public Ownership; Real Estate Industry; Asia; United States; Europe

August 2017 (Revised January 2020)
Case

PFA Pension: Expansion of Alternatives Portfolio

By: Victoria Ivashina, Federica Gabrieli and Jérôme Lenhardt

PFA Pension was the biggest commercial pension provider in Denmark. At the end of 2015, the company had decided to boost its investments into the alternative asset class, an area where it was lagging behind its competitors. The aim was to privilege direct investments... View Details

Keywords: Asset Management; Private Equity; Investment; Denmark; Europe

2013
Working Paper

Financial vs. Strategic Buyers

By: Marc Martos-Vila, Matthew Rhodes-Kropf and Jarrad Harford

This paper introduces the impact of debt misvaluation on merger and acquisition activity. Debt misvaluation helps explain the shifting dominance of financial acquirers (private equity firms) relative to strategic acquirers (operating companies). The effects of... View Details

Keywords: Misvaluation; Mergers and Acquisitions; Private Equity