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  • All HBS Web  (11,094)
    • People  (35)
    • News  (2,508)
    • Research  (6,197)
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  • December 2009 (Revised February 2010)
  • Case

The Investment Fund for Foundations (TIFF) in 2009

By: Luis M. Viceira and Brendon Christopher Parry
In late June 2009, management at The Investment Fund for Foundations (TIFF) was considering expanding the footprint of the TIFF Diversified Fund (TDF), the first truly comprehensive endowment management vehicle offered under the TIFF banner. The recent large capital... View Details
Keywords: Financial Crisis; Asset Management; Financial Strategy; Investment Funds; Risk Management; Product Marketing; Financial Services Industry; United States
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Viceira, Luis M., and Brendon Christopher Parry. "The Investment Fund for Foundations (TIFF) in 2009." Harvard Business School Case 210-008, December 2009. (Revised February 2010.)
  • 18 Nov 2010
  • Working Paper Summaries

Payout Taxes and the Allocation of Investment

Keywords: by Bo Becker, Marcus Jacob & Martin Jacob
  • 02 Sep 2008
  • Research & Ideas

Indulgence vs. Regret: Investing in Future Memories

afford to buy a $20,000 (and up) watch choose to do otherwise? "Marketers can convince consumers that buying their product is actually a farsighted behavior," Keinan says. "In that sense, consumers are investing in future... View Details
Keywords: by Julia Hanna
  • 2025
  • Working Paper

Impact Investing and Worker Outcomes

By: Josh Lerner, Markus Lithell and Gordon M. Phillips
Impact investors claim to distinguish themselves from traditional venture capital and growth equity investors by also pursuing environmental, social, and governance (ESG) objectives. Whether they successfully do so in practice is unclear. We use confidential Census... View Details
Keywords: ESG; Corporate Social Responsibility and Impact; Private Equity; Venture Capital; Wages
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Lerner, Josh, Markus Lithell, and Gordon M. Phillips. "Impact Investing and Worker Outcomes." Harvard Business School Working Paper, No. 25-040, February 2025. (Revised May 2025.)
  • January 2023
  • Supplement

Mellody Hobson at Ariel Investments

By: Lakshmi Ramarajan and Francesca Gino
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Ramarajan, Lakshmi, and Francesca Gino. "Mellody Hobson at Ariel Investments." Harvard Business School Multimedia/Video Supplement 423-719, January 2023.
  • November 1983 (Revised April 1984)
  • Case

Minnesota State Board of Investment

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Law, Warren A. "Minnesota State Board of Investment." Harvard Business School Case 284-038, November 1983. (Revised April 1984.)
  • Article

Foreign Investment and Human Rights

By: Debora Spar
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Spar, Debora. "Foreign Investment and Human Rights." Challenge 42, no. 1 (January–February 1999): 55–80.
  • 1988
  • Chapter

Investment Banking: Commercial Banks' Inroads

By: Samuel Hayes
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Hayes, Samuel. "Investment Banking: Commercial Banks' Inroads." Chap. 26 in The Investment Banking Handbook, edited by J. Peter Williamson, 443–456. Wiley Professional Banking and Finance Series. John Wiley & Sons, 1988.
  • March 2012
  • Article

A Guide to Charitable Investing

By: Robert C. Pozen
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Pozen, Robert C. "A Guide to Charitable Investing." Trusts & Trustees 18, no. 3 (March 2012): 185–198.
  • 07 Dec 2016
  • HBS Case

Why Millennials Flock to Fintech for Personal Investing

Traditional financial advisors cater to baby boomers with substantial savings, requiring minimum amounts for investment upwards of $100,000 to access their services. By contrast, industry-leading Wealthfront and similar firms such as... View Details
Keywords: by Michael Blanding; Financial Services
  • June 2021
  • Teaching Note

Growth Investing at Totem Point

By: Suraj Srinivasan and Charles C.Y. Wang
Teaching Note for HBS Case No. 119-091. View Details
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Srinivasan, Suraj, and Charles C.Y. Wang. "Growth Investing at Totem Point." Harvard Business School Teaching Note 121-098, June 2021.
  • January 2018
  • Teaching Note

John Rogers, Jr.—Ariel Investments Co.

By: Steven Rogers and Greg White
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Rogers, Steven, and Greg White. "John Rogers, Jr.—Ariel Investments Co." Harvard Business School Teaching Note 318-100, January 2018.
  • Article

The Transformation of Investment Banking

By: Samuel Hayes
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Hayes, Samuel. "The Transformation of Investment Banking." Harvard Business Review 57, no. 1 (January–February 1979): 153–170.
  • July 1981 (Revised August 1982)
  • Background Note

Financial Evaluation of Proposed Investments

By: Robert H. Hayes
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Hayes, Robert H. "Financial Evaluation of Proposed Investments." Harvard Business School Background Note 682-002, July 1981. (Revised August 1982.)
  • March 2001 (Revised June 2001)
  • Case

Identifying and Realizing Investments in Eastern Europe (A)

By: Ray A. Goldberg, Robert E. Kennedy and Laure Mougeot Strook
A Greek milling firm wants to invest in Eastern Europe. The case explores the firm's search strategy and its due diligence process after a potential investment, and considers how the company should structure its bid. A rewritten version of an earlier case. View Details
Keywords: Foreign Direct Investment; Venture Capital; Emerging Markets; Business and Government Relations; Financial Strategy; Growth and Development Strategy; Agriculture and Agribusiness Industry; Food and Beverage Industry; Europe
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Goldberg, Ray A., Robert E. Kennedy, and Laure Mougeot Strook. "Identifying and Realizing Investments in Eastern Europe (A)." Harvard Business School Case 701-086, March 2001. (Revised June 2001.)
  • May 2012
  • Technical Note

Frameworks for Dialogue and Research about Social Impact Investing

By: Herman B. "Dutch" Leonard
Social Impact Investment is a rapidly expanding field, but terminology in the field is poorly defined and imprecise. This note suggests frameworks that help to clarify important dimensions of SII projects, distinguishing and clarifying key differences in approaches to... View Details
Keywords: Development Stage Enterprises; Entrepreneurial Management; Entrepreneurs; Entrepreneurial Finance; Financial Instruments; Performance Measurement; Balanced Scorecard; Investment Funds; Corporate Social Responsibility and Impact; Research; Framework; Entrepreneurship; Financial Services Industry
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Leonard, Herman B. "Dutch". "Frameworks for Dialogue and Research about Social Impact Investing." Harvard Business School Technical Note 312-091, May 2012.
  • August 2019 (Revised November 2019)
  • Case

Sustainable Investing at J.P. Morgan Private Bank

By: Sara Fleiss and Luis Viceira
This case features Monica Issar, then Global Head of J.P. Morgan Endowments & Foundations Group in the Private Bank. In just five years, she and J.P. Morgan have grown the Outsourced Chief Investment Officer (OCIO) business from $5 billion in AUM from primarily family... View Details
Keywords: Sustainability; Investment; Management; Strategy; Social Issues; Environmental Sustainability; Banking Industry
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Fleiss, Sara, and Luis Viceira. "Sustainable Investing at J.P. Morgan Private Bank." Harvard Business School Case 220-016, August 2019. (Revised November 2019.)
  • March 1993 (Revised July 1994)
  • Case

Gerber Products Company: Investing in the New Poland

By: Debora L. Spar
Examines Gerber Products Co.'s evaluation of Alima S.A., one of Poland's largest food processing plants, as a potential overseas investment in 1991. Factors that influenced Gerber's decision are discussed in detail: property rights, taxation issues, and Poland's... View Details
Keywords: Foreign Direct Investment; Food and Beverage Industry; Poland
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Spar, Debora L. "Gerber Products Company: Investing in the New Poland." Harvard Business School Case 793-069, March 1993. (Revised July 1994.)
  • June 2021
  • Article

Short-Termism, Shareholder Payouts, and Investment in the EU

By: Jesse M. Fried and Charles C.Y. Wang
Investor-driven "short-termism" is said to harm EU public firms' ability to invest for the long term, prompting calls for the EU to better insulate managers from shareholder pressure. But the evidence offered—rising levels of repurchases and dividends—is incomplete and... View Details
Keywords: Short-termism; EU; Payout Policy; Innovation; Investment; Corporate Governance; Investment Return; Acquisition; European Union
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Fried, Jesse M., and Charles C.Y. Wang. "Short-Termism, Shareholder Payouts, and Investment in the EU." European Financial Management 27, no. 3 (June 2021): 389–413.
  • October 2012 (Revised August 2014)
  • Case

The Canada Pension Plan Investment Board: October 2012

By: Josh Lerner, Matthew Rhodes-Kropf and Nathaniel Burbank
The Canada Pension Plan Investment Board (CPPIB) is one of the largest and fastest-growing pools of investment capital in the world and follows an unusually active program of investment management. In October of 2012, Mark Wiseman was just 12 weeks into his role as... View Details
Keywords: Canada; CPPIB; Pensions; Private Equity; Financial Services Industry; Canada
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Lerner, Josh, Matthew Rhodes-Kropf, and Nathaniel Burbank. "The Canada Pension Plan Investment Board: October 2012." Harvard Business School Case 813-103, October 2012. (Revised August 2014.)
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