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Strategic Secret of Private Equity
Finance & Accounting Magazine ArticleThe huge sums that private equity firms make on their investments evoke admiration and envy. Typically, these returns are attributed to the firms' aggressive... -
Research: What Happens When Private Equity Firms Buy Hospitals?
Strategy & Execution ResearchA study of 42 leveraged buyouts produced surprising findings that should guide policy reforms. -
Private Equity Should Take the Lead in Sustainability
Finance and investing Magazine ArticleHere’s how. -
The Role of Private Equity in Driving Up Health Care Prices
Competitive strategy Digital ArticleIt prioritizes short-term profits over patients’ health. -
Private Equity Needs a New Talent Strategy
Finance and investing Magazine ArticleHigher interest rates and competition have changed the nature of the business. Now the industry must find a new approach to developing leaders. -
Truth About Private Equity Performance
Finance & Accounting Magazine ArticlePrivate equity fund performance is most often reported in a way that exaggerates the truth. A modified calculation gives a more accurate read of performance... -
Lessons from Private-Equity Masters
Accounting Magazine ArticlePrivate-equity firms routinely achieve eye-popping returns on the businesses they operate. Their secret? A relentless focus on four management disciplines. -
Private Equity's Lessons for the Rest of Us
Finance & Accounting Digital ArticleA year ago, most of us couldn't name a single asset in the Cerberus Capital Management portfolio. Today, we know them as the private equity firm that... -
How to Attract the Right Shareholders
Finance & Accounting Digital ArticleInstead of casting a wide net, try a more strategic approach. -
Does Business Need a New Model?
Organizational Development Digital ArticleCritics charge that in today's heavily traded capital markets, executives are increasingly incentivized to manage in tiny, short-term windows, with an... -
Private Equity's Long View
Strategy & Execution Magazine ArticleWhen getting a company ready to sell in the short term, it turns out, PE firms employ many of the best strategy practices--use debt aggressively, focus... -
If Private Equity Sized Up Your Business
Strategy & Execution Magazine ArticleAs the dust settles on the recent frenzy of private equity deals (including transactions topping $20 billion), what lessons can companies glean? Directors... -
What Private Equity Investors Think They Do for the Companies They Buy
Finance & Accounting Digital ArticleThey don't use the financial tools they learned in B-school. -
Private Equity's New Phase
Finance & Accounting Digital ArticleMore and more companies today are privately held. -
Do Politics Shape Buyout Performance?
Strategy & Execution Magazine ArticleA new study of private equity buyouts shows that, on average, U.S. acquisitions made in "red" (Republican) states deliver significantly higher returns... -
Establish a Productive Private Equity Partnership
Finance & Accounting Digital ArticleDeals ultimately succeed or fail because of the people involved. -
How Private Equity Firms Infuse a Positive Attitude
Private equity Digital ArticleTimes change and markets transform themselves overnight. The half-life of common wisdom is shorter than ever. But top private equity firms have distilled a set of institutional habits that boost the likelihood of their success. What’s critical to this success? Attitude. PE leaders take pains to foster a “results-oriented mind-set”. In short, that means creating […] -
How Private Equity Firms Hire CEOs
Employee performance management Magazine ArticleThey do it a lot and have learned what to look for. -
Why Private Equity Still Makes Us a Little Queasy
Business ethics Digital ArticleWhatever its other educational benefits, the race for the Republican presidential nomination has served to introduce legions of hitherto oblivious Americans to the joys and sorrows of private equity. Informed would-be voters now have a basic grasp of how the process works. A firm — let’s call it Bain Capital — raises a large amount […] -
To Make Deals in the Middle Market, Private Equity Needs Cultural Literacy
Private equity Digital ArticleDoing business starts with building mutual trust and respect.
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Board Director Dilemmas-New Year, New Timing
Leadership & Managing People Case Study8.95View Details This case focuses on a junior partner at a private equity (PE) firm who sits on the board of one of the firm's portfolio companies. In the case, the board... -
IFC Asset Management Company: Mobilizing Capital for Development
Finance & Accounting Case Study8.95View Details This case explores the International Finance Corporation's (IFC) creative and effective use of the private equity business model as a tool to mobilize... -
Wagholi Apartment Project: Restructuring a Private Equity Investment in Real Estate
Finance & Accounting Case Study8.95View Details This case is written from the perspective of a decision-maker at a private equity investment fund. The case is set in India, where a large corpus of capital... -
Warner Music Group
Finance & Accounting Case Study14.00View Details TH Lee, a leading private equity firm, needs to decide whether to commit to the acquisition of AOL Time Warner's music group, and whether to commit the... -
Project Bravo - Target Information
Innovation & Entrepreneurship Case Study5.00View Details Case Supplement for Case IN1784 -
OCP Africa: Building Ecosystems For Sustainability
Strategy & Execution Case Study8.95View Details The OCP Africa illustrates the challenges of entering a market challenged by unfavorable conditions for the target customer - be it infrastructure, access... -
Fairview Capital
Innovation & Entrepreneurship Case Study8.95View Details Fairview Capital is a pioneering alternative assets investment manager, as it is the first U.S. private equity fund of funds that focused on investing... -
The Blackstone Group's IPO
Finance & Accounting Case Study8.95View Details Steven Schwarzman, Chairman of the Blackstone Group, has just learned that an investment group associated with the government of China wants to buy the... -
Elephant Bar Restaurant: Mezzanine Financing
Finance & Accounting Case Study8.95View Details In November 2003, John Fruehwirth, a principal at Allied Capital, was considering a $20 million mezzanine investment in growth capital for Elephant Bar,... -
To JV or Not To JV? That is the Question (for XTech in China), Video Supplement
Innovation & Entrepreneurship Case Study150.00View Details This is the Video Supplement for To JV or Not To JV? That is the Question (for XTech in China) HBS Case 807118. -
Intercorporate Equity Investments
Finance & Accounting Case Study8.95View Details Discusses accounting for intercorporate equity investments and the preparation of consolidated financial statements. -
Investure, LLC: Investing in Alternative Assets
Finance & Accounting Case Study8.95View Details several companies competing to win the mandate to manage F&M's assets. Investure's approach is to pool the assets of "like-minded" institutions and significantly... -
Lernout & Hauspie Speech Products, NV: Financing from Start-up through IPO
Finance & Accounting Case Study8.95View Details This case provides a unique illustration of how a high-tech European new venture starts-up, grows, burns cash, stumbles, adapts, captures value, disappoints,... -
Brown Robin Capital: Executing a Search Fund Acquisition
Leadership & Managing People Case Study8.95View Details Brown Robin Capital details the experiences of Stanford GSB graduates Ryan Robinson and Lucas Braun in pursuing a search fund acquisition. The case explains... -
United Capital Partners (B)
Finance & Accounting Case Study5.00View Details This case continues the discussion started in the (A) case about a proposed growth equity investor in a Russian fashion retail chain. -
Avid Radiopharmaceuticals and Lighthouse Capital Partners
Innovation & Entrepreneurship Case Study8.95View Details In fall 2008, a venture lender must decide whether to make a loan to Avid, a small but promising venture-backed life sciences firm. In reviewing her proposal,... -
Paine & Partners: Private Equity in Agriculture
Global Business Case Study14.00View Details -
Roll-Ups and Surprise Billing: Collisions at the Intersection of Private Equity and Patient Care
Finance & Accounting Case Study15.05View Details This case describes the increasing investment by private equity (PE) firms in patient care and other healthcare services. The case focuses on investments... -
AME Learning Inc. (Video Supplement)
Innovation & Entrepreneurship Case Study150.00View Details This is the Video Supplement for AME Learning, Inc., HBS Case #810065. -
DigiPlex: Ante-Up or Cash Out
Innovation & Entrepreneurship Case Study8.95View Details In November 2020, the co-founders of DigiPlex study the future growth trajectory of their Nordic data center venture. A critical question was on the agenda:...
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Strategic Secret of Private Equity
Finance & Accounting Magazine ArticleThe huge sums that private equity firms make on their investments evoke admiration and envy. Typically, these returns are attributed to the firms' aggressive... -
Clayton, Dubilier & Rice at 40, Teaching Note
Finance & Accounting Digital ArticleTeaching note for case 819055. -
Board Director Dilemmas-New Year, New Timing
Leadership & Managing People Case Study8.95View Details This case focuses on a junior partner at a private equity (PE) firm who sits on the board of one of the firm's portfolio companies. In the case, the board... -
The application of leader character to building cultures of equity, diversity, and inclusion
Leadership & Managing People Digital ArticleMany organizations in the public, private, and nonprofit sectors have begun to take action to address the systemic racism entrenched in their processes,... -
IFC Asset Management Company: Mobilizing Capital for Development
Finance & Accounting Case Study8.95View Details This case explores the International Finance Corporation's (IFC) creative and effective use of the private equity business model as a tool to mobilize... -
Wagholi Apartment Project: Restructuring a Private Equity Investment in Real Estate
Finance & Accounting Case Study8.95View Details This case is written from the perspective of a decision-maker at a private equity investment fund. The case is set in India, where a large corpus of capital... -
Warner Music Group
Finance & Accounting Case Study14.00View Details TH Lee, a leading private equity firm, needs to decide whether to commit to the acquisition of AOL Time Warner's music group, and whether to commit the... -
GENICON: Keep Growing or Sell the Company? - Teaching Note
Strategy & Execution Digital ArticleTeaching note for W14506. -
Warburg Pincus and emgs: The IPO Decision (A), Spreadsheet Supplement
Finance & Accounting Digital ArticleSpreadsheet Supplement for case 807092 -
Project Bravo - Target Information
Innovation & Entrepreneurship Case Study5.00View Details Case Supplement for Case IN1784