Publications

November 1994 (Revised February 1996)
Case

Toy World, Inc.

By: W. Carl Kester

A shift from seasonal to level production of toys will change the seasonal cycle of Toy World's working capital needs and necessitate new bank credit arrangements. A rewritten version of an earlier case. View Details

Keywords: Working Capital; Business Cycles; Cash Flow; Forecasting and Prediction; Investment Funds; Financial Statements

01 May 2015
News

Celebrating and Supporting Leadership

funding to invest in innovation. That's an important part of what this campaign will help to achieve." A crucial element of support for the innovative work of the School and its faculty is the HBS View Details

Keywords: Educational Services

12 Dec 2012
Research & Ideas

Book Excerpt: Strength in Numbers

Gerald Marwell and Ruth Ames. In their 1979 study, groups of high school students were given funds to invest. Participants could opt to invest individually, at a relatively low rate of return, or to add some... View Details

Keywords: Re: Gunnar Trumbull

01 Jun 2018
News

Up by the Roots

California, Boston, sometimes London,” recalls Gotsch. “Nobody was looking locally.” Gotsch is president and CEO of the Partnership Fund for New York City, which invests in local ventures to create jobs and... View Details

Keywords: Alexander Gelfand; illustrations by Dan Page

13 Sep 2004
Research & Ideas

Cash and the Woman-Owned Business

fund the launch of nearly all start-ups. The founders' current income, cash reserves, credit card capacity, and "mortgagable" assets account for most of the early stage capital in the United States.2 Other forms of non-cash... View Details

Keywords: by Candida Brush, Nancy M. Carter, Elizabeth Gatewood, Patricia G. Greene & Myra M. Hart

Web

HBS - Financials | Consolidated Balance Sheet

Consolidated Balance Sheet Supplemental Financial Information Consolidated Balance Sheet (all in millions of dollars for the fiscal year ending June 30) Assets 2023 2022 2021 Cash $108 $133 $124 Current Use Reserves 247 227 211 Receiveables, Loans, & Other Assets 260... View Details

24 Jul 2000
Research & Ideas

Something Ventured, Something Gained: A European View of Venture Capital

established its initial offices in London, Paris, and Chicago, concentrating on placements for entrepreneurial ventures for almost a decade before setting up its first fund in Great Britain in 1981 to invest... View Details

Keywords: by James E. Aisner; Financial Services

June 2021
Case

Building the Governance to Take Capital SAFI to the Next Level

By: V.G. Narayanan, Asis Martinez Jerez and Mariana Cal

Asset management firm Capital SAFI wanted to attract new strategic investors and expand to other countries. Having the right corporate governance in place was critical to achieve this goal. View Details

Keywords: Board Of Directors; Transparency; Sustainable Finance; South America; Latin America; Corporate Governance; Governance Controls; Governing and Advisory Boards; Business Organization; Corporate Strategy; Transformation; Investment Funds; Financial Services Industry; Bolivia; South America; Latin America

October 2001 (Revised March 2003)
Case

Exxel Group, The: March 2001

By: Josh Lerner and Alberto Ballve

The Exxel Group, a leading Latin American buyout fund, faces a challenge when deciding whether and how to exit its largest investment. The capital markets are very weak, precluding an initial public offering. Undertaking a trade sale of the firm, however, proves to be... View Details

Keywords: Venture Capital; Private Equity; Leveraged Buyouts; Capital Markets; Investment Funds; Financial Strategy; Financial Services Industry; Latin America

22 Apr 2020
Research Event

How Investors Are Sizing Up Climate Change’s Risks—and Opportunities

climate policies. Applying the “universal owner” model. The world’s largest assets owners have taken note of the scale of this exposure. Large pension funds invest so broadly—through index funds, private... View Details

Keywords: by Danielle Kost; Financial Services

Fast Answer

Social Entrepreneurship & Systems Change

the impact investment sector. Also includes the ImpactSpace database that includes information on and investors and over 4,000 impact investment deals Preqin - profiles and screening... View Details

21 Feb 2005
Research & Ideas

The VC Quandary: Too Much Money

School. Intel Capital, the chipmaker's venture division, has scaled back somewhat from the hyper investment levels of 2000, "but I've always thought it was really important in the venture market to stay in the market, be in the... View Details

Keywords: by Julie Jette; Financial Services

November 2019
Supplement

United Technologies Corp.: Are the Parts Worth More Than the Whole?

By: Benjamin C. Esty and Daniel Fisher

After spending more than 50 years creating a diversified industrial conglomerate that Fortune Magazine described as “arguably the most profitable conglomerate in America” in 2014, UTC’s CEO Greg Hayes was under pressure from activist investors (Dan Loeb and Bill... View Details

Keywords: Corporate Strategy; Business Conglomerates; Financial Management; Corporate Governance; Organizational Structure; Diversification; Valuation; Investment Activism; Financial Strategy; Investment Funds; Value Creation; Aerospace Industry; Electronics Industry; Industrial Products Industry; United States