Institutional Investments - Publications - Faculty & Research

10 Jan 2013
News

From Wall Street to Visual Art

investment banker who, while in her early 20s, was working at Goldman Sachs where a set of paintings she admired gave her the urge to paint. She began to explore painting, but remained in the business world. "After Goldman, I went to HBS,... View Details

Keywords: Museums, Historical Sites, and Similar Institutions; Museums, Historical Sites, and Similar Institutions; Museums, Historical Sites, and Similar Institutions; Museums, Historical Sites, and Similar Institutions

18 Oct 2010
Lessons from the Classroom

Venture Capital’s Disconnect with Clean Tech

green businesses. "They tend to think clean-tech investing is like Internet investing," he says. "They think, 'It's gonna happen fast, and it's just gonna happen.' And the answer is no, it's not gonna be fast, and it might... View Details

Keywords: by Carmen Nobel; Energy; Utilities; Financial Services

October 2012
Article

Securitization without Adverse Selection: The Case of CLOs

By: Effi Benmelech, Jennifer Dlugosz and Victoria Ivashina

In this paper, we investigate whether securitization was associated with risky lending in the corporate loan market by examining the performance of individual loans held by CLOs. We employ two different datasets that identify loan holdings for a large set of CLOs and... View Details

Keywords: Personal Finance; Performance; Markets; Banks and Banking; Debt Securities; Investment Portfolio; Financing and Loans

spring 1973
Article

Management of Commercial Bank Government Security Portfolios: An Optimization Approach Under Uncertainty

By: D. B. Crane and Stephen P. Bradley

Keywords: Management; Banks and Banking; Government and Politics; Investment; Risk and Uncertainty

Citation

Find at Harvard

October 1993
Supplement

The Analyst's Dilemma (B)

By: Joseph L. Badaracco Jr. and Jerry Useem

Supplements the (A) case. View Details

Keywords: Investment Banking; Ethics; Risk and Uncertainty; Problems and Challenges; Financial Services Industry

Citation

Purchase

01 Mar 2017
News

HBS Celebrates Launch of New Legacy Society

Beth (MBA 1984) and Mike (MBA 1982) Fascitelli, paid tribute to the life of Mr. Whitehead and illustrated the lasting impact of legacy gifts on HBS. As Dean Nitin Nohria said in his remarks, “Very few institutions in the world outlive us.... View Details

October 2019 (Revised February 2025)
Case

A Conversation with Ellen J. Kullman, Chairman & CEO of DuPont, 2009-2015

By: Lynn S. Paine and Will Hurwitz

Ellen J. Kullman, the retired Chairman and CEO of DuPont, describes how she guided the storied science and technology company through a contentious proxy battle with activist investor Trian Partners, which acquired DuPont shares in 2013 and sought to break up the... View Details

Keywords: Agribusiness; Capital Structure; Corporate Accountability; Corporate Governance; Institutional Investing; Leadership; Leadership Style; Management; Transformation; Agriculture and Agribusiness Industry; Chemical Industry; United States

Citation

Educators

Purchase

Web

Students of Business Disciplines | MBA

Students of Business Disciplines External Funding Accountemps/American Institute of Certified Public Accountants (AICPA) Student Scholarship A competitive award for two outstanding AICPA student affiliate members pursuing careers in... View Details

July 2011
Article

The Private Equity Advantage: Leveraged Buyout Firms and Relationship Banking

By: Victoria Ivashina and Anna Kovner

This paper examines the impact of leveraged buyout firms' bank relationships on the terms of their syndicated loans. Using a sample of 1,590 loans financing private equity sponsored leveraged buyouts between 1993 and 2005, we find that bank relationships are an... View Details

Keywords: Leveraged Buyouts; Private Equity; Banks and Banking; Financing and Loans; Interest Rates; Investment Return; Relationships; Banking Industry; Financial Services Industry

15 May 2012
News

Finally Finding the Right Fit

pursued a variety of career aspirations. Heffernan trained as a doctor (graduating first in his class), practiced briefly, and decided that medicine was not the right fit. He tried investment banking with Goldman Sachs for a few years,... View Details

Keywords: fashion; apparel; Apparel Manufacturing; Manufacturing

Fast Answer

Family Offices and Family Trusts

How do I identify the investment firms that are family offices or family trusts servicing wealthy families? Preqin Click the "Search for" tab at the top of the page Hover over "Investors" Click... View Details

17 Apr 2019
News

Financing the Earth’s Natural Infrastructure

Decades in investment banking and a lifelong love of the outdoors set Pat Coady (MBA 1966) on the path toward conservation financing. What was a small sector in the early 1990s, when he led the US delegation for the creation and... View Details

01 Jun 2004
News

Charlie Rose Interviews Goldman CEO Paulson

When public television’s Charlie Rose asked Goldman Sachs chairman and CEO Henry M. (“Hank”) Paulson Jr. (MBA ’70) whether his firm, a pure investment bank, could survive in a world dominated by consolidations, Paulson didn’t miss a beat:... View Details

Keywords: Goldman Sachs; Finance

24 Apr 2014
News

Understanding the global economy from a new perspective

Henry Paulson (MBA 1970) has held public and private leadership positions, including roles as chairman and CEO of Goldman Sachs, and US Secretary of the Treasury under President George W. Bush. As chairman of The Paulson Institute at the... View Details

21 Sep 2015
News

Funding Progress Back Home

“Harvard gives you powerful tools for getting things done in the world,” observes Eric-Vincent Guichard (MBA 1990). “Over time, you more fully appreciate the responsibility that goes with that education.” Guichard, who grew up in rural Guinea, is founder and CEO of... View Details

29 Jan 2008
First Look

First Look: January 29, 2008

likely to implement MV proposals after industry-peer firms implement a similar proposal. Finally, proposals aimed at removing anti-takeover measures or instituting certain shareholder rights are more likely to be implemented. With respect... View Details

Keywords: Martha Lagace

01 Dec 1998
News

A Journey to Leadership: Luke O'Neill

Stamford. "The headquarters was a dilapidated, pest-infested building in the heart of the local projects," he recalls. In 1988, O'Neill left the law firm to devote his full-time energy to mobilizing community support for reestablishing the Stamford facility as an View Details

Keywords: Deborah Blagg

2008
Chapter

The Importance of Default Options for Retirement Saving Outcomes: Evidence from the United States

By: John Beshears, James J. Choi, David Laibson and Brigitte C. Madrian

This paper summarizes the empirical evidence on how defaults impact retirement savings outcomes. After outlining the salient features of the various sources of retirement income in the U.S., the paper presents the empirical evidence on how defaults impact retirement... View Details