Case | HBS Case Collection | October 2009 (Revised October 2010)

Grove Street Advisors: September 2009

by Matthew Rhodes-Kropf and Ann Leamon

Abstract

The investment committee of Grove Street Advisors, a pioneer in the provision of customized private equity funds-of-funds for pension fund clients, must decide how to respond to the market opportunities and challenges presented by the turmoil of 2008 and 2009. How can they shift their strategy to fill new market niches, or should they stay with their successful approach thus far, even though the market is getting crowded? The case also presents background about the roles of intermediaries in private equity.

Keywords: Private Equity; Expansion; Investment Funds; Financial Services Industry;

Citation:

Rhodes-Kropf, Matthew, and Ann Leamon. "Grove Street Advisors: September 2009." Harvard Business School Case 810-064, October 2009. (Revised October 2010.)