Equity Investment - Publications - Faculty & Research

April 2011
Article

Institutional Tax Clienteles and Payout Policy

This paper employs heterogeneity in institutional shareholder tax characteristics to identify the relation between firm payout policy and tax incentives. Analysis of a panel of firms matched with the tax characteristics of the clients of their institutional... View Details

Keywords: Institutional Investors; Clienteles; Payout Policy; Private Equity; Investment; Taxation; Ownership Stake; Business and Shareholder Relations

Citation

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01 Jun 2025
News

Origin Story: Mary Chen (MBA 2026)

Chinese women from the US and around the world helped me understand and embrace my culture.” Pathfinder: “After college I worked at Bain as a generalist across industries and functions, but what I really liked was the private equity group... View Details

Keywords: Julia Hanna; photo by Leah Fasten; climate finance; MBA; student life

24 Apr 2014
News

From venture capitalist to 'compassionate capitalist'

chairman of Apax Partners Worldwide, one of the world’s leading private equity investment groups. In 2007, he cofounded Social Finance, a London-based nonprofit that is advancing ways to apply market... View Details

01 Oct 1998
News

Going Against the Flow

Like many emerging-market countries, Brazil can seem about as appealing to potential investors as a midnight swim up the Amazon. But in 1983, André Jakurski and three partners decided to take the plunge anyway. With $500,000 in equity... View Details

Keywords: Dun Gifford, Jr.

May 2011
Supplement

Dharavi: Developing Asia's Largest Slum (B)

By: Lakshmi Iyer and John Macomber

In July 2009, as investors prepared to submit financial bids for the $3 billion Dharavi slum redevelopment project, considerable economic and political risks remained. View Details

Keywords: Risk and Uncertainty; Private Equity; Social Issues; Investment; Developing Countries and Economies; Business and Government Relations; Financial Services Industry; Real Estate Industry; Mumbai

Citation

Purchase

16 Feb 2022
News

Holding Business to Account

many others. “These kinds of changes are positive for the company's fundamentals—for its profitability, its long-term success, its consumer and employee loyalty, the brand equity it has built. And if you take a slightly longer-term view,... View Details

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Pitchbook | Baker Library

Pitchbook Information on companies, deals, funds, investors and service providers across the private investment lifecycle. Read More Morningstar Equity Investment reports are... View Details

Profile

Max Wibaux

joining a consumer-products-focused private equity firm in a role in which he can "bring together all the elements HBS teaches us: operations, strategy, the inner workings of financing, and how to avoid View Details

Keywords: CPG

26 Oct 2020
Blog Post

12 Weeks of VC Summer: Remote Edition

Goats and Horses Maverick Ventures is the venture arm of Maverick Capital. The team focuses mainly on investments in tech and healthcare across a variety of different verticals, and my first day with them got off to an unexpected start.... View Details

Keywords: Venture Capital / Private Equity

13 Jul 2020
News

Locally Grown

photo by David Tejada Aravaipa Ventures was inspired by the smell of clean, crisp Colorado air. Founder Robert Fenwick-Smith (MBA 1988) and his family had moved from France to Boulder in 2007 as he contemplated his next professional move after a successful private... View Details

Keywords: April White

06 Dec 2021
Research & Ideas

The Popular Stock Metric That Can Lead Investors Astray

the balance sheet. Such investments will therefore depress book equity value. "When you know the accounting, you can, and you will, know how to make all this work." “For technology or healthcare companies,... View Details

Keywords: by Rachel Layne

25 May 2016
News

A Focus on Sustainability

McArthur University Professor; Forest Reinhardt, John D. Black Professor; and Michael Porter, Bishop William Lawrence University Professor, for their work that furthers the cause. Ferenbach is one of five HBS graduates who founded Berkshire Partners, a manager of... View Details

Fast Answer

Resources for Harvard Economics Students

and private companies, investment firms, capital transactions, and people. Provides sophisticated retrieval and personalization tools to create numerous reports. An active account can be used to download the Capital IQ excel... View Details

Career Coach

Sarah Bua

Sarah (HBS ’98) is an executive coach and career advisor with 15+ years of experience coaching students, alumni and executives at Harvard Business School. She has a diverse business background, having worked across multiple industries and functions, including middle... View Details

Keywords: Investment Banking; Investment Banking; Investment Banking; Investment Banking; Investment Banking; Investment Banking; Investment Banking; Investment Banking; Investment Banking; Investment Banking; Investment Banking; Investment Banking; Investment Banking; Investment Banking

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Club Conferences | MBA

22, 2025 Middle East & North Africa Club Investment Club Conference December 7, 2025 Investment Club 2026 VCPE Conference January 31, 2026 Venture Capital & Private Equity Club... View Details

15 Jul 2014
First Look

First Look: July 15

Harvard Business School Case 214-091 Texas Teachers and the New Texas Way In 2011 Britt Harris, the chief investment officer for the $107.4 billion Teachers Retirement System of Texas (TRS), was considering whether to pursue strategic... View Details

Keywords: Carmen Nobel

02 Dec 2020
News

Nine Ways to Have a Better 2021

illustrations by Rose Wong Find Your Maximum Sustainable Goodness Invest in the New Abnormal Bounce Back from a Blunder Hit Pause Kill Groupthink Up Your Time Affluence Advance Racial Equity in the Office... View Details

03 Nov 2015
Blog Post

Siblings at HBS: Katie and Tyler Harris

investment banking and private equity in New York, a little longer to come around to the idea. But when it came to where to go to business school, the two were unanimous. After being regaled with their... View Details

09 Nov 2021
News

Weighing Big Tech’s Promise to Black America

As part of a recent cover story in WIRED about Netflix’s racial equity pledge, the magazine spoke to the company’s human resources director, Aaron Mitchell (MBA 2011), who led the project. The article notes that Mitchell helped craft the... View Details

01 Sep 2010
News

Finnegan Heads HBS Fund

a longtime volunteer. As cofounder and co-CEO of Madison Dearborn Partners, a Chicago-based investment firm, Finnegan attributes much of his success to HBS. “It would have been impossible for me to get a position in private View Details

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