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How to Compete for Talent like a Private Equity Firm
Private equity Digital ArticleIf you want to be successful, you have to harness the talent. The top private equity firms have a genius for hiring superior talent. All organizations need great people, but PE measures talent with one test only: performance. It’s not that private equity firms are heartless. Rather, their three- to five-year time horizon doesn’t allow […] -
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 […] -
To Make Deals in the Middle Market, Private Equity Needs Cultural Literacy
Finance & Accounting Digital ArticleDoing business starts with building mutual trust and respect. -
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. -
The Role of Private Equity in Driving Up Health Care Prices
Competitive strategy Digital ArticleIt prioritizes short-term profits over patients’ health. -
Lessons from Private Equity Any Company Can Use
Finance & Accounting Digital ArticleIn good times and bad, the top private equity firms have outperformed most businesses over the past forty years-even during down cycles. Clearly, PE firms... -
The Strategic Secret of Private Equity
Private equity Magazine ArticleWhy “buying to sell” can generate a much higher return on investment than the public company practice of “buying to keep” -
Why Private Equity Still Makes Us a Little Queasy
Leadership & Managing People Digital ArticleWhatever its other educational benefits, the race for the Republican presidential nomination has served to introduce legions of hitherto oblivious Americans... -
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... -
Does Business Need a New Model?
Organizational Development SpotlightCritics charge that in today's heavily traded capital markets, executives are increasingly incentivized to manage in tiny, short-term windows, with an... -
Corporate Governance Should Combine the Best of Private Equity and Family Firms
Finance & Accounting Digital ArticleA hybrid model can balance the short term with long-term continuity. -
Private Equity’s Long View
Entrepreneurial financing Magazine ArticleWhat can the gods of private equity teach us about managing for the long term? If you think that their lightning reflex, do-what-it-takes approach has nothing to tell us about the long haul, you’d be wrong. Maybe you imagine they simply take a business private, load it with debt, strip its assets, then sell it […] -
Research: What Happens When Private Equity Firms Buy Hospitals?
Mergers and acquisitions ResearchA study of 42 leveraged buyouts produced surprising findings that should guide policy reforms. -
Private Equity’s Mid-Life Crisis
Strategy Digital ArticleAs the 50-year-old industry matures, investment returns are falling. Here’s why — and where to go from here. -
Private Equity’s Lessons for the Rest of Us
Private equity 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 bought controlling interests in Chrysler, General Motor’s financing arm, and — as of this week — United Rentals, one of the world’s largest equipment rental companies. In spite […] -
What You Can Learn from the Private Equity School of Management
Private equity Digital ArticleWith private equity buyouts and acquisitions on the rise, we turned to Harvard Business School professor Josh Lerner, a longtime observer and researcher of the private equity market, to shed light on the management impact that these deals are having on corporate executives. Lerner shares three core take-aways from the private equity school of management. […] -
Establish a Productive Private Equity Partnership
Finance & Accounting Digital ArticleDeals ultimately succeed or fail because of the people involved. -
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... -
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... -
The Mistakes PE Firms Make When They Pick CEOs for Portfolio Companies
Organizational Development Digital ArticleThey overvalue smarts and urgency.
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Private Equity Needs a New Talent Strategy
Finanzas e inversión Magazine ArticleHigher interest rates and competition have changed the nature of the business. Now the industry must find a new approach to developing leaders. -
What You Need to Know as a Young, Black Startup Founder
Start-ups POVThe obstacles you can expect to confront, and how to overcome them. -
How to Attract the Right Shareholders
Fundraising Digital ArticleInstead of casting a wide net, try a more strategic approach. -
Research: What Happens When Private Equity Firms Buy Hospitals?
Mergers and acquisitions ResearchA study of 42 leveraged buyouts produced surprising findings that should guide policy reforms. -
Managing Shareholders in the Age of Stakeholder Capitalism
Finance and investing Digital ArticleHow to identify and attract investors who will support your long-term, stakeholder-focused plans. -
Private Equity Should Take the Lead in Sustainability
Strategy & Execution Magazine ArticleDespite their reputation in the 1980s as corporate raiders, most private equity firms attempt to improve the performance of their portfolio companies... -
The CEO of New Mountain Capital on Using PE Management to Ignite Growth
Private equity Magazine ArticleThe unique benefits of private equity investment -
To Make Deals in the Middle Market, Private Equity Needs Cultural Literacy
Private equity Digital ArticleDoing business starts with building mutual trust and respect. -
Establish a Productive Private Equity Partnership
Private equity Digital ArticleDeals ultimately succeed or fail because of the people involved. -
Private Equity’s Mid-Life Crisis
Strategy Digital ArticleAs the 50-year-old industry matures, investment returns are falling. Here’s why — and where to go from here. -
Does Business Need a New Model?
Organizational Development SpotlightCritics charge that in today's heavily traded capital markets, executives are increasingly incentivized to manage in tiny, short-term windows, with an... -
The Role of Private Equity in Driving Up Health Care Prices
Competitive strategy Digital ArticleIt prioritizes short-term profits over patients’ health. -
Corporate Governance Should Combine the Best of Private Equity and Family Firms
Corporate governance Digital ArticleA hybrid model can balance the short term with long-term continuity. -
The Mistakes PE Firms Make When They Pick CEOs for Portfolio Companies
Organizational Development Digital ArticleThey overvalue smarts and urgency. -
Private Equity’s New Phase
Corporate governance Digital ArticleMore and more companies today are privately held. -
How Private Equity Firms Hire CEOs
Employee performance management Magazine ArticleThey do it a lot and have learned what to look for. -
Private Equity Can Make Firms More Innovative
Entrepreneurship Digital ArticleA new paper shows how leveraged buyouts lead to more patents. -
What Private Equity Investors Think They Do for the Companies They Buy
Finance and investing Digital ArticleThey don’t use the financial tools they learned in B-school. -
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 […] -
Private Equity and the Ownership Decision
Toma de decisiones y resolución de problemas Digital ArticleA few months back I wrote about micro-decisions and how they can add up to macro money. But as a student of decision-making I would be remiss if I didn’t point out that one big decision — who will own an organization — has a massive effect on performance, culture, and organizational effectiveness. I’m prompted […]
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Legendary Pictures & ABRY Partners
Finance & Accounting Case Study11.95View Details This case focuses on the review by the private equity firm ABRY Partners of an opportunity to invest in a film financing vehicle, Legendary Pictures.... -
Bankruptcy at Caesars Entertainment
Finance & Accounting Case Study11.95View Details Caesars Entertainment was a large casino operator in the United States that had been purchased in a 2008 leveraged buyout by Apollo and TPG. In January,... -
Corey Thomas and the IPO
Innovation & Entrepreneurship Case Study11.95View Details Corey Thomas, CEO of the company Rapid7, must decide if it is the right time to take the 15-year old startup public, as it stood poised to capitalize... -
Actera Group: Investing in Mars Cinema Group (B)
Finance & Accounting Case Study5.00View Details In summer of 2010, Murat Çavuşoğlu (HBS MBA 1994) led private equity firm Actera Group's investment in Mars Cinema Group (Mars), the leading movie exhibitor... -
Lernout & Hauspie Speech Products, NV: Financing from Start-up through IPO
Finance & Accounting Case Study11.95View 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,... -
The Elcer Products Transaction: Confidential Information for Elcer Products Division President
Strategy & Execution Case Study8.95View Details In a six-party negotiation exercise, the TNDA Corp. plans to sell Elcer Products Division to one of four potential buyers (industrial, financial, U.S.,... -
Italtel: An LBO Solution? (B)
Strategy & Execution Case Study5.00View Details The case series illustrates the decision-making process and the negotiation complexities of a leveraged buy-out proposal made by Italtel management to... -
Susie Mulder at NIC+ZOE
Organizational Development Case Study11.95View Details Susie Mulder must decide how to lead NIC+ZOE-the women's apparel brand she had recently joined as CEO-from its start-up phase into a disciplined growth... -
Paine & Partners: Private Equity in Agriculture
Global Business Case Study11.95View Details -
CalPERS Private Equity 2.0
Management Case Study11.95View Details Yup Kim, the Head of Investments, Private Equity at the California Public Employees' Retirement System (CalPERS), reflected on the pension fund's private... -
The Elcer Products Transaction: Confidential Information for Euro Elektrische Keramische Vorrichtungen (Euro EKV), GmbH
Strategy & Execution Case Study8.95View Details In a six-party negotiation exercise, the TNDA Corp. plans to sell the Elcer Products Division to one of four potential buyers (industrial, financial,... -
ReNew (B): A New Direction
Management Case Study5.00View Details The global renewables sector was in a slump, but the Indian market was booming. India's largest renewable electricity generator, ReNew, faced a dilemma:... -
A Note on Financing in Developing Economies
Finance & Accounting Case Study8.95View Details As of the date of this note, financing environments varied significantly across developing economies. Differences in legal structures, operating conditions,... -
Comprosa
Leadership & Managing People Case Study11.95View Details Jose Angel Medina, had previously been involved in many turnarounds; this one was different. Comprosa, a Spanish manufacturer of packaging films, had... -
Finding Its Niche: Community Development Venture Capital
Finance & Accounting Case Study8.95View Details Underserved urban and rural areas have found venture capital support via U.S. Community Development Venture Capital institutions, which numbered 68 and... -
Fairview Capital
Innovation & Entrepreneurship Case Study11.95View 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 Carlyle Group and Axalta
Finance & Accounting Case Study11.95View Details -
The Chosen One: The Digital Distribution Dilemma at Fitz Games
Management Case Study11.95View Details In 2019, an entrepreneur and Ivey Business School graduate was facing a critical decision regarding how best to maximize the growth of his new product,... -
Wagholi Apartment Project: Restructuring a Private Equity Investment in Real Estate
Finance & Accounting Case Study11.95View 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... -
TruthCRM Competitive Auction in Mergers and Acquisitions: Instructions for Magic Beans Team
Management Case Study8.95View Details The TruthCRM case provides students with an interactive simulation of the competitive auction process to maximize value for a company involved in an acquisition....
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How to Compete for Talent like a Private Equity Firm
Private equity Digital ArticleIf you want to be successful, you have to harness the talent. The top private equity firms have a genius for hiring superior talent. All organizations need great people, but PE measures talent with one test only: performance. It’s not that private equity firms are heartless. Rather, their three- to five-year time horizon doesn’t allow […] -
Legendary Pictures & ABRY Partners
Finance & Accounting Case Study11.95View Details This case focuses on the review by the private equity firm ABRY Partners of an opportunity to invest in a film financing vehicle, Legendary Pictures.... -
Bankruptcy at Caesars Entertainment
Finance & Accounting Case Study11.95View Details Caesars Entertainment was a large casino operator in the United States that had been purchased in a 2008 leveraged buyout by Apollo and TPG. In January,... -
Corey Thomas and the IPO
Innovation & Entrepreneurship Case Study11.95View Details Corey Thomas, CEO of the company Rapid7, must decide if it is the right time to take the 15-year old startup public, as it stood poised to capitalize... -
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 […] -
Actera Group: Investing in Mars Cinema Group (B)
Finance & Accounting Case Study5.00View Details In summer of 2010, Murat Çavuşoğlu (HBS MBA 1994) led private equity firm Actera Group's investment in Mars Cinema Group (Mars), the leading movie exhibitor... -
To Make Deals in the Middle Market, Private Equity Needs Cultural Literacy
Finance & Accounting Digital ArticleDoing business starts with building mutual trust and respect. -
Lernout & Hauspie Speech Products, NV: Financing from Start-up through IPO
Finance & Accounting Case Study11.95View 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,... -
The Elcer Products Transaction: Confidential Information for Elcer Products Division President
Strategy & Execution Case Study8.95View Details In a six-party negotiation exercise, the TNDA Corp. plans to sell Elcer Products Division to one of four potential buyers (industrial, financial, U.S.,... -
Italtel: An LBO Solution? (B)
Strategy & Execution Case Study5.00View Details The case series illustrates the decision-making process and the negotiation complexities of a leveraged buy-out proposal made by Italtel management to...