Publications

April 2015 (Revised April 2015)
Case

Yale University Investments Office: February 2015

David Swensen and the Investments Office staff must decide whether to continue to allocate the bulk of the university's endowment to illiquid investments—hedge funds, private equity, real estate—given the impact of the recent market turmoil. The case explores the risks... View Details

Keywords: Asset Management; Resource Allocation; Investment; Venture Capital; Investment Funds; Property; Private Equity

2013
Chapter

The Boulevard of Broken Dreams

Find at Harvard

September 2003 (Revised March 2004)
Case

Yale University Investments Office: June 2003

The Yale Investments Office must decide whether to continue to allocate the bulk of the university's endowment to illiquid investments--hedge funds, private equity, real estate, and so forth. Considers the risks and benefits of a different asset allocation strategy.... View Details

Keywords: Leveraged Buyouts; Assets; Venture Capital; Private Equity; Investment Funds; Resource Allocation; Partners and Partnerships; Risk and Uncertainty; Strategy; Education Industry

November 2000 (Revised March 2001)
Case

Yale University Investments Office: July 2000

David Swensen, chief investment officer at Yale University, reviews the $10 billion endowment strategy, that places an unusually heavy emphasis on private equity and other illiquid securities. Changing market conditions in July 2000 cause him to rethink historically... View Details

Keywords: Private Equity; Financial Liquidity; Investment; Strategy; Education Industry

November 2000
Case

University Technology Ventures: October 2000

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

October 1999 (Revised July 2007)
Background Note

A Note on the Initial Public Offering Process

Provides an overview of the going public process. View Details

Keywords: Initial Public Offering; Going Public

2004
Class Lecture

Boom and Bust in Private Equity

Keywords: Private Equity

01 May 2014
News

Ares Seeks Higher IPO Value Than Buyout Peers on Stable Revenue

29 Apr 2014
News

Basic Science Finds Corporate Refuge

12 Jul 2011
News

Hedge-Fund Investors Scout Out Web Firms

31 Oct 2013
News

Home Bias Hurts Institutional Investors

18 Jan 2023
News

Should You Trust Private Equity to Take Care of Your Dog?

10 Nov 2022
News

Whether Fired or Tired, Young Guns Are Leaving Silicon Valley

Teaching Interest

Private Equity and Venture Capital (Executive Education)

As equity markets appear to strengthen, interest rates remain low, and asset values look attractive, private equity firms are uniquely positioned to pursue new opportunities. This View Details

Article

Leadership Is Associated with Lower Levels of Stress

By: Gary D. Sherman, J. J. Lee, A.J.C. Cuddy, Jonathan Renshon, Christopher Oveis, James J. Gross and Jennifer S. Lerner

As leaders ascend to more powerful positions in their groups, they face ever-increasing demands. This has given rise to the common perception that leaders have higher stress levels than non-leaders. But if leaders also experience a heightened sense of control—a... View Details

Keywords: Stress; Cortisol; Control; Leadership; Emotions; Power and Influence