Publications

July 2005 (Revised July 2006)
Supplement

Amagansett Funds (C)

Supplements the (A) case. View Details

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

01 Sep 2010
News

Finnegan Heads HBS Fund

Finnegan Paul Finnegan (MBA ’82) recently assumed the role of HBS Fund Chair, the School’s chief fundraising volunteer. “When you look at the major problems society faces — financial reform, global health, education in-equity, the... View Details

2014
Chapter

Remapping the Flow of Funds

By: Juliane Begenau, Monika Piazzesi and Martin Schneider

This article argues that quantitative analysis of credit market positions would benefit tremendously if the additional information about the structure of payment streams were more readily available. Most available data on credit market positions, such as the Flow of... View Details

Keywords: Accounting; Credit

17 Jun 2012
News

Reform needed in China's fund business

Web

Donor-Advised Fund - Alumni

Giving Donor-Advised Fund Giving Donor-Advised Fund You can simplify your charitable giving by establishing a donor-advised fund at Harvard. This philanthropic vehicle enables... View Details

2007
Other Unpublished Work

Hedge Fund Investor Activism and Takeovers

By: Robin Greenwood and Michael Schor

We examine long-horizon stock returns around hedge fund activism in a comprehensive sample of 13D filings by portfolio investors between 1993 and 2006. Abnormal returns surrounding investor activism are high for the subset of targets that are acquired ex-post, but not... View Details

Keywords: Mergers and Acquisitions; Private Equity; Investment Return; Investment Activism; Investment Portfolio; Corporate Governance

SSRN

20 Aug 2007
Working Paper Summaries

Hedge Fund Investor Activism and Takeovers

Keywords: by Robin Greenwood & Michael Schor; Banking

November 1986
Case

Plant Resources Venture Funds

By: Ray A. Goldberg

Keywords: Venture Capital

Find at Harvard

December 2003 (Revised December 2004)
Case

Building Hedge Funds at Prospero Capital

This case discusses the issues facing a relatively new and small equity hedge fund as it attempts to expand its investor base. View Details

Keywords: Expansion; Business Startups; Finance; Financial Services Industry

12 Jan 2013
News

Striking a balance on money market funds

27 Aug 2010
News

Hedge funds struggle to justify star rating

26 Mar 2018
News

Funding Climate Change Solutions

In this video, Ousseynou Nakoulima (MBA 2009), director of the Green Climate Fund, discusses why his organization employs a holistic strategy to its work in developing countries. “The Green Climate Fund is a View Details

03 Jun 2021
Blog Post

HBS Pilots First Impact Investing Fund

This year, HBS piloted its first student-run Impact Investing Fund, focused on investing in BIPOC-led and owned small businesses in the Massachusetts area. Since launching, the fund has raised $200k, completed diligence on eight... View Details

July 2005 (Revised December 2005)
Case

General Motors U.S. Pension Funds

By: Luis M. Viceira and Helen Tung

In June 2003, General Motors Corp. (GM) successfully marketed the largest corporate debt offering in U.S. history, worth $17.6 billion. The offering included $13.6 billion worth of debt denominated in dollars, euros, and pounds and $4 billion dollars denominated in... View Details

Keywords: Decisions; Bonds; Investment Return; Policy; Borrowing and Debt; Corporate Finance; Auto Industry; United States

August 2021
Case

Andreessen Horowitz’s Cultural Leadership Fund (A)

By: Anita Elberse, Briana Richardson and Cydni Williams

In May 2020, Chris Lyons, a partner at leading venture capital firm Andreessen Horowitz receives the news that his company has reached a verbal agreement with one of Silicon Valley’s hottest social-media startups to lead its ‘Series A’ funding round, in a deal that... View Details

Keywords: Entertainment; Talent Management; General Management; Inclusion; Talent and Talent Management; Diversity; Venture Capital; Entrepreneurship; Networks; Nonprofit Organizations

April 2015
Case

Domeyard: Starting a High-Frequency Trading (HFT) Hedge Fund

By: Lauren Cohen, Christopher Malloy and Matthew Foreman

The principals at Domeyard, a start-up high frequency trading (HFT) hedge fund based in Cambridge, faced a myriad of important decisions: which markets to trade on, how to raise capital, and from whom to raise capital. Many of these decisions were standard for... View Details

13 Jan 2017
News

Fidelity funds high on hot startups

November 1999 (Revised December 2009)
Case

The IBET Pension Fund

By: Arthur I Segel

Marisa Caris oversees real estate investments for the IBET Pension Fund. She must value each of the existing eight properties and determine a strategy for going forward. A rewritten version of an earlier case. View Details

Keywords: Financial Strategy; Investment Funds; Investment Portfolio; Valuation; Real Estate Industry