Publications

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May 1999 (Revised December 2007)
Case

The Dana-Farber Cancer Institute: Development Strategy

By: V. Kasturi Rangan and Marie Bell

Despite revenues in excess of $93 million in 1998, world-renowned Dana-Farber Cancer Institute constantly faces an operating shortfall and looks to its highly successful development office to help cover the deficit. The development office raises money annually (with a... View Details

Keywords: Decision Choices and Conditions; Capital; Revenue; Growth and Development Strategy; Mission and Purpose; Nonprofit Organizations

30 Jan 2017
Research & Ideas

Vanguard, Trian And The Problem With 'Passive' Index Funds

M. Viceira, the George E. Bates Professor and senior associate dean for International Development at Harvard Business School. “That raises the question, who is exercising control in these corporations?” In traditional mutual funds,... View Details

Keywords: by Michael Blanding; Financial Services

February 2017
Case

Eve Hall: The African American Investment Fund in Milwaukee

By: Steven Rogers and Alterrell Mills

The case highlights the role of minority chambers of commerce and the background of Eve Hall, a well-regarded multi-sector leader asked to revive Wisconsin's African-American chamber. This case study examines the lending options that a minority chamber of commerce... View Details

05 Jun 2020
Research & Ideas

How Anchor Investors Help Impact Funds Succeed

the experience of development and fundraising professionals in the impact investing space—that anchor investors are motivated by the ability to catalyze additional change by supporting fund managers early in... View Details

Keywords: by Sean Silverthorne; Financial Services

05 Jun 2020
Blog Post

Developing Black Talent for Leadership

each, while the state allocated the HBCUs North Carolina A&T and Fayetteville State $7,800 per student, according to research cited in a University of Pennsylvania study. HBCUs also receive significantly less federal research and View Details

26 Sep 2018
News

Funding the Earth’s Natural Infrastructure

pilot program in 1991 has now provided more than $18 billion in grants worldwide. “Things have changed dramatically since then,” says Coady, who, after four years at the World Bank, went on to work with the biodiversity investment fund... View Details

Keywords: April White

December 2005 (Revised August 2007)
Case

NewSchools Venture Fund in 2004: At a Crossroads

By: Stacey M. Childress and Caroline Joan King

Founded as one of the first venture philanthropy organizations in the United States in 1998, NewSchools Venture Fund brought new investors and new ideas to public education reform. By 2004, the organization and its founder were reassessing their model and their role in... View Details

Keywords: Business Model; Education; Social Entrepreneurship; Philanthropy and Charitable Giving; Growth and Development Strategy; Corporate Social Responsibility and Impact; United States

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February 2006 (Revised April 2006)
Teaching Note

General Motors U.S. Pension Funds (TN)

By: Luis M. Viceira

Keywords: Retirement; Auto Industry

2015
Working Paper

Public R&D Investments and Private-sector Patenting: Evidence from NIH Funding Rules

By: Pierre Azoulay, Joshua S. Graff Zivin, Danielle Li and Bhaven N. Sampat

We quantify the impact of scientific grant funding at the National Institutes of Health (NIH) on patenting by pharmaceutical and biotechnology firms. Our paper makes two contributions. First, we use newly constructed bibliometric data to develop a method for flexibly... View Details

Keywords: Economics Of Science; Patenting; Academic Reserach; NIH; Knowledge Spillovers; Patents; Research; Government and Politics

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10 May 2017
Research & Ideas

Amazon Web Services Changed the Way VCs Fund Startups

More entrepreneurs are receiving initial funding from VCs thanks to technologies such as the cloud. Source: PeopleImages As cloud technologies allow startups to build companies faster and cheaper than ever before, venture capitalists are... View Details

Keywords: by Michael Blanding; Banking; Financial Services; Information Technology

June 2013 (Revised July 2013)
Case

Blackstone Alternative Asset Management

By: Robin Greenwood, Luis M. Viceira and Jared Dourdeville

This case explores reasons for Blackstone Alternative Asset Management's (BAAM's) growth from 2007-2013, a time when the overall fund of hedge funds industry contracted substantially. Additionally, the case analyzes evolving business models and value propositions... View Details

Keywords: Hedge Fund; Fund Of Hedge Funds; Hedge Fund Industry Growth; Fund Of Hedge Funds Industry Growth; Evolving Business Models; Value Propositions In The Fund Of Hege Funds Industry; Business Model; Investment Funds; Growth and Development Strategy; Financial Services Industry; United States

June 2007 (Revised January 2008)
Case

The Vanguard Group, Inc. in 2006 and Target Retirement Funds

By: Luis M. Viceira

The Vanguard Group is one of the largest asset managers in the U.S., with over $1 trillion in assets, ninety percent of which are mutual fund assets, and more than 12,000 employees at year-end 2006. Vanguard has built a strong reputation as the manager of reference for... View Details

Keywords: Asset Management; Investment Funds; Personal Finance; Brands and Branding; Retirement; Trust; Financial Services Industry; United States

01 Mar 2012
News

New Fund Supports FIELD Module 3

HBS has received a $1 million commitment from the DS Foundation MBA Program Innovation Fund to help underwrite the costs of ongoing MBA curriculum innovation. The fund will be used to cover expenses... View Details

Keywords: Profess Rebecca M. Henderson; Professor Robert Steven Kaplan; Colleges, Universities, and Professional Schools; Educational Services

15 Nov 2012
Research & Ideas

Funding the Design of Livable Cities

sustainability. “Private investors will need to fund not only real estate development, but also the supporting urban infrastructure systems” In his multiple roles as a member of the HBS faculty teaching courses in Real Estate View Details

Keywords: by Lisa Chase; Construction; Real Estate; Energy; Utilities

01 Dec 1998
News

Novartis AG Establishes Global Research Fund

Four HBS professors whose international research efforts range from biotechnology in Taiwan to foreign investments in Costa Rica have been named the first Novartis Faculty Fellows. The two-year fellowships, funded by a $2 million gift... View Details

Keywords: Anne Kavanagh

01 Dec 2017
News

Developing Insightful Global Leaders

HBS is committed to developing future leaders equipped with the cultural intelligence and skills required to operate in today’s globalized world. Key to this effort is creating opportunities for members of the School’s increasingly... View Details

Web

Career Support & Exploration Funds | MBA

around promising life-science technologies, while developing their leadership talents. Ideal candidates are those who have graduated within the last 7-10 years. Search Fund Fellowship The Search View Details

January 2012 (Revised March 2012)
Case

Dimensional Fund Advisors (DFA)'s Entry into the Retirement Market

By: Lauren Cohen and Christopher Malloy

This case examines Dimensional Fund Advisors (DFA)'s decision to enter the retirement market with their new "Dimensional Managed DC" product, a complete retirement solution that aimed to provide investors with what they really wanted: the same standard of living in... View Details

Keywords: Retirement; Asset Management