Publications

January 2024 (Revised February 2024)
Case

TPG Rise Climate: Deploying 'Climate Capital'

By: Vikram S. Gandhi, David Allen, Sarah Mehta and Shannon Roche

This case is about TPG Rise Climate, a $7.3 billion climate impact fund launched in 2021 by alternative asset manager TPG. Climate investing is a complex, capital-intensive endeavor; entering it has forced TPG to think and act differently. Relative to other funds, Rise... View Details

Keywords: Energy; Environmental Management; Ownership; Science; Value; Asset Management; Investment Funds; Investment Portfolio; Financial Markets; Financial Services Industry; California; San Francisco; New York (city, NY)

August 2007 (Revised April 2012)
Technical Note

Technical Note on Financial Leverage in Real Estate

By: Charles F. Wu and Arthur I Segel

Demonstrates the accelerating impact of leverage on returns under differing scenarios of property performance. The performance scenarios represent two points in time: the inception of the investment and the liquidation. View Details

Keywords: Property; Investment; Real Estate Industry

03 Mar 2022
Video

Rosario Bazán

Rosario Bazán, the co-founder of the Peruvian agribusiness group Danper Trujillio, discusses the social impact of investing in women's education and empowerment. View Details

Video

María Michelena

María Michelena, Executive Director of InGenia Uruguay and Chairwoman of OMEU, describes the growth of impact investing in Uruguay and Latin America more broadly, citing opportunities for innovative solutions to socioeconomic gaps. View Details

25 Apr 2014
Video

Girish Nadkarni - Making A Difference

09 Nov 2018
News

Mainstreaming Sustainability: What Banks And Business Schools Should Do Next

20 Mar 2025
Blog Post

Scaling Climate Tech Innovation with Lee Scott (MBA 2023)

is your current role and what steps and tactics did you use to get hired in your current position? During EC year, I focused my career search on impact investing roles. I was particularly interested in... View Details

Awards

Fama-DFA Prize for the Best Paper Published in the Journal of Financial Economics in the Areas of Capital Markets and Asset Pricing

By: Josh Lerner

Second Place Winner of the 2009 Fama-DFA Prize for the Best Paper Published in the Journal of Financial Economics in the Areas of Capital Markets and Asset Pricing for his paper with Paul Gompers, Anna Kovner, and David Scharfstein, "Venture Capital Investment... View Details

February 2004
Case

Bradman and Tendulkar, LLC

By: Ananth Raman and Vishal Gaur

An investment firm is trying to project inventory turns for Radio Shack, a chain of consumer electronics stores. The investment firm has access to public financial data but not to internal operational metrics. It needs to project inventory turns because inventory... View Details

Keywords: Forecasting and Prediction; Cash Flow; Demand and Consumers; Distribution Channels; Mathematical Methods; Valuation

September 2023
Article

Stock Price Reactions to ESG News: The Role of ESG Ratings and Disagreement

By: George Serafeim and Aaron Yoon

We investigate whether ESG ratings predict future ESG news and the associated market reactions. We find that the consensus rating predicts future news, but its predictive ability diminishes for firms with large disagreement between raters. Relation between news and... View Details

SSRN

Find at Harvard

June 2000 (Revised January 2003)
Case

Nissan Motor Company

By: Thomas R. Piper and Jeremy Cott

Senior executives of Nissan and Renault are considering a major investment in Nissan by Renault. An important consideration is whether a major restructuring of Nissan's operations will be possible, given the value placed on lifetime employment and the impact on... View Details

Keywords: Restructuring; Organizational Culture; Investment; Problems and Challenges; Equity

19 Oct 2021
Video

Our First Investment: Casabe LLC

Career Coach

Pamela Harder

Pam (HBS / HKS ‘13, Stanford ‘08 Economics) has spent the last 12 years working at the nexus of business and government. Currently, she runs Virginia's state-wide economic development talent investment strategy. As a Managing Director... View Details

Keywords: Impact Investing; Impact Investing; Impact Investing; Impact Investing; Impact Investing; Impact Investing; Impact Investing; Impact Investing; Impact Investing; Impact Investing; Impact Investing; Impact Investing

14 Apr 2014
News

U.S. Corporate Tax System Stifling Growth

01 Jul 2020
News

How to Build an ESG Portfolio – And Why You Should

October 2020 (Revised June 2021)
Case

Francisco Partners Private Credit Opportunity Fund

By: Luis M. Viceira, John D. Dionne, Soracha Prathanrasnikorn and Ari Sunshine

In April 2020, Scott Einsenberg, the Head of Credit at the private equity firm Francisco Partners, is deciding whether to go ahead with extending a private lending agreement to Eventbrite, Inc. (NYSE: EB), a leading global event management and online ticketing... View Details

Keywords: Private Debt; Private Credit; Industry Evolution; Private Equity; Investment; Analysis