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  • All HBS Web  (3,080)
    • People  (18)
    • News  (705)
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    • Multimedia  (17)
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  • September 1998 (Revised May 2011)
  • Background Note

Note on Private Equity Information Sources

By: Josh Lerner and Ann Leamon
Provides an overview of key information sources about venture capital and private equity. View Details
Keywords: Venture Capital; Private Equity; Investment; Knowledge Acquisition
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Lerner, Josh, and Ann Leamon. "Note on Private Equity Information Sources." Harvard Business School Background Note 299-018, September 1998. (Revised May 2011.)
  • April 2006 (Revised April 2012)
  • Background Note

The Role of Private Equity Firms in Merger and Acquisition Transactions

By: William E. Fruhan Jr.
Explores the importance of private equity firms in merger and acquisitions activity around the globe. In many countries, these firms now account for one quarter of the total merger and acquisition activity of all firms. The larger private equity firms generate fees for... View Details
Keywords: Leveraged Buyouts; Mergers and Acquisitions; Private Equity; Investment Funds; Value Creation
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Fruhan, William E., Jr. "The Role of Private Equity Firms in Merger and Acquisition Transactions." Harvard Business School Background Note 206-101, April 2006. (Revised April 2012.)
  • 05 Jan 2011
  • News

The Capricious Value of Private Equity Investments

  • 31 Jul 2014
  • News

Making Private Equity Public Knowledge

particulars, Sheyner is leaving it behind. In July, he started his first post-HBS job at Atika Capital Management, a new hedge fund in New York. As private equity has matured,... View Details
Keywords: Dan Morrell
  • 04 Aug 2017
  • Working Paper Summaries

Private Equity and Financial Fragility During the Crisis

Keywords: by Shai Bernstein, Josh Lerner, and Filippo Mezzanotti; Financial Services
  • 2007
  • Chapter

Venture Capital and Private Equity

By: Paul A. Gompers
Keywords: Venture Capital; Private Equity
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Gompers, Paul A. "Venture Capital and Private Equity." In The Handbook of Corporate Finance: Empirical Corporate Finance, edited by Espen Eckbo. New York: Elsevier/North-Holland, 2002.
  • April 2019
  • Article

Private Equity and Financial Fragility during the Crisis

By: Shai Bernstein, Josh Lerner and Filippo Mezzanotti
Do private equity firms contribute to financial fragility during economic crises? We find that during the 2008 financial crisis, PE-backed companies increased investments relative to their peers, while also experiencing greater equity and debt inflows. The effects are... View Details
Keywords: Private Equity; Financial Crisis; Performance; Financial Condition
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Bernstein, Shai, Josh Lerner, and Filippo Mezzanotti. "Private Equity and Financial Fragility during the Crisis." Review of Financial Studies 32, no. 4 (April 2019): 1309–1373. (Earlier version distributed as National Bureau of Economic Research Working Paper No. 23626 and Harvard Business School Working Paper No. 18-005.)
  • Fast Answer

HBS Course: Private Equity Finance

What resources are recommended for this course? Suggested Resources Private Equity - Funds, Firms, Transactions, etc. Preqin
... 
View Details
  • 14 Jan 2009
  • News

Private equity year-end writedowns ahead

  • December 1994 (Revised November 1997)
  • Background Note

Information Sources About Private Equity

By: Josh Lerner
Provides an overview of key sources of information. View Details
Keywords: Private Equity
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Lerner, Josh. "Information Sources About Private Equity." Harvard Business School Background Note 295-066, December 1994. (Revised November 1997.)
  • Fast Answer

Private investments in public equity

How can I generate a list of private investments in public equity (PIPEs)? In LSEG Workspace: Click on the Search Tools tab and select Private Equity/VC. Choose a Deal Type and... View Details
  • 06 May 2021
  • News

Expert Panel: Understanding Liquid Private Equity Investment Strategies

  • November 1992 (Revised December 1994)
  • Case

BEA Associates: Enhanced Equity Index Funds

By: Andre F. Perold
BEA's enhanced index fund product uses derivatives and cash market securities to find the most efficient way to "track an index." The considerations involve transaction costs, custodial fees, withholding taxes on dividends, and fees from securities lending. In this... View Details
Keywords: Credit Derivatives and Swaps; Investment Portfolio; Management; Investment Banking; Competitive Advantage; Cost Management
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Perold, Andre F. "BEA Associates: Enhanced Equity Index Funds." Harvard Business School Case 293-024, November 1992. (Revised December 1994.)
  • 24 Jun 2010
  • Working Paper Summaries

“An Unfair Advantage”? Combining Banking with Private Equity Investing

Keywords: by Lily Fang, Victoria Ivashina & Josh Lerner; Banking
  • 10 May 2024
  • News

Fee Variation in Private Equity

  • Article

Real Estate Opportunity Funds

By: Nori Gerardo Lietz, Thea C. Hahn and David Geltner
Real estate opportunity funds are one of the fastest-growing segments of the real estate investment industry, similar in some basic respects to other private equity and alternative investment asset classes that seek high returns by taking on more risk in highly... View Details
Keywords: Real Estate; Opportunity Funds; Investment Management; Property; Investment Funds; Management; Performance Consistency
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Lietz, Nori Gerardo, Thea C. Hahn, and David Geltner. "Real Estate Opportunity Funds." Journal of Portfolio Management 31, no. 5 (2005): 143–153. (Special Real Estate Issue 2005.)
  • 2015
  • Working Paper

Replicating Private Equity with Value Investing, Homemade Leverage, and Hold-to-Maturity Accounting

By: Erik Stafford
Private equity funds tend to select relatively small firms with low EBITDA multiples. Publicly traded equities with these characteristics have high risk-adjusted returns after controlling for common factors typically associated with value stocks. Hold-to-maturity... View Details
Keywords: Value Investing; Endowments; Investment Management; Asset Pricing; Private Equity; Investment; Management; United States
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Stafford, Erik. "Replicating Private Equity with Value Investing, Homemade Leverage, and Hold-to-Maturity Accounting." Harvard Business School Working Paper, No. 16-081, January 2016.
  • March 2012
  • Class Lecture

The Future of Private Equity

By: Josh Lerner
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Lerner, Josh. "The Future of Private Equity." Harvard Business School Class Lecture 212-709, March 2012.
  • January 2020
  • Teaching Note

Enfoca: Private Equity in Peru

By: Victoria Ivashina and Terrence Shu
Teaching Note for HBS No. 219-030. View Details
Keywords: Private Equity; Emerging Markets; Capital Markets; Transition; Strategy; Peru
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Ivashina, Victoria, and Terrence Shu. "Enfoca: Private Equity in Peru." Harvard Business School Teaching Note 220-056, January 2020.
  • Winter 2002
  • Article

Private Equity in Latin America: The Mexican Case

By: Roberto Charvel and Juan Carlos de Yeregui
This article describes the private equity industry in Mexico from the late 1990's to the begining of the 2000's as well as gives a potential perspective for its coming years. View Details
Keywords: Emerging Economies; Latin America; Mexico; Developing Countries and Economies; Private Sector; Asset Management; Capital Markets; Venture Capital; Private Equity; Financial Services Industry; Latin America
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Charvel, Roberto, and Juan Carlos de Yeregui. "Private Equity in Latin America: The Mexican Case." Journal of Private Equity 6, no. 1 (Winter 2002): 30–41.
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