Publications
Publications
- August 2005 (Revised May 2008)
- HBS Case Collection
Pawson Foundation: August 2006
By: G. Felda Hardymon, Josh Lerner and Ann Leamon
Abstract
A top-tier venture capital firm has encountered challenging conditions for its recent funds, which have raised "clawback" liabilities. In response, it is charging its investors the difference between the lower budget-based fee that it used and the maximum that the investors might have had to pay. A vice-president of a foundation invested with this firm must decide whether to reinvest in the firm's newest fund.
Keywords
Citation
Hardymon, G. Felda, Josh Lerner, and Ann Leamon. "Pawson Foundation: August 2006." Harvard Business School Case 806-042, August 2005. (Revised May 2008.)