Finance

- October 2024
- Case
Continuation Fund Dilemma

By: Victoria Ivashina and Srimayi Mylavarapu
- October 2024
- Case
Continuation Fund Dilemma

By: Victoria Ivashina and Srimayi Mylavarapu
- September–October 2024
- Article
Should a Family Business Accept a Returning Daughter’s Radical Proposal?

By: John D. Macomber

A family-owned and controlled conglomerate in Cote d'Ivoire, West Africa, has to decide what titles and authority to give to a daughter who is being courted to leave a promising career in Europe to come back and join the business. The choices of role range from an assistant to the current COO all the way to replacing the COO or staying in Europe. The strategic choices include backward integrating this trading company into sugar growing and refining on the continent and/or becoming an independent power producer and selling electricity to the national grid. Based on an HBS field case, anonymized for HBR.
- September–October 2024
- Article
Should a Family Business Accept a Returning Daughter’s Radical Proposal?

By: John D. Macomber

A family-owned and controlled conglomerate in Cote d'Ivoire, West Africa, has to decide what titles and authority to give to a daughter who is being courted to leave a promising career in Europe to come back and join the business. The choices of role range from an assistant to the current COO all the way to replacing the COO or staying in Europe....
- October 2024
- Case
Southern California Industrial: Freezer Drive

By: Arthur I. Segel, W. Matt Kelly and Dwight Angelini

In the midst of the COVID-19 pandemic, a Boston based real estate private equity firm was seeking to make their very first West Coast investments in hopes of establishing their presence in the strategic region. An exciting property suddenly became available on the market in a submarket of Orange County that was well positioned for future rental rate growth. The property also showed potential for quick wins including an improvement plan for enhanced visual appeal and functionality. However, the property came with significant risks to the overall budget and investment returns, and was dependent on securing and retaining a suitable tenant. How should the firm weigh these potential risks admist the uncertainty of the pandemic, and did the benefits of securing an attractive West Coast property outweigh the potential losses?
- October 2024
- Case
Southern California Industrial: Freezer Drive

By: Arthur I. Segel, W. Matt Kelly and Dwight Angelini

In the midst of the COVID-19 pandemic, a Boston based real estate private equity firm was seeking to make their very first West Coast investments in hopes of establishing their presence in the strategic region. An exciting property suddenly became available on the market in a submarket of Orange County that was well positioned for future rental...

About the Unit

Our strategy is to assemble and nurture a faculty whose interests and skills complement each other, and who work well together:

a) to produce a broad range of finance-related research that is published in top-tier scientific and practitioner journals, and that addresses issues of present and future importance to managers (including regulators and policy makers);

b) to develop highly-relevant and intellectually rigorous MBA and executive education courses; and

c) to mentor future academics through the Business Economics doctoral program.

Our applied focus and access to business organizations are major advantages which are reinforced by our students and our case-based approach. We have a faculty with broad expertise, and we have resources, field contacts, and institutional support, all of which we can leverage to do richer work and be more productive than we could at other institutions.

Recent Publications

Viking Global Investors: Public Heritage, Private Opportunities

By: Luis M. Viceira

October 2024 |
Supplement |
Faculty Research

Citation

Purchase

Continuation Fund Dilemma

By: Victoria Ivashina and Srimayi Mylavarapu

October 2024 |
Case |
Faculty Research

Citation

Educators

Should a Family Business Accept a Returning Daughter’s Radical Proposal?

By: John D. Macomber

September–October 2024 |
Article |
Harvard Business Review

A family-owned and controlled conglomerate in Cote d'Ivoire, West Africa, has to decide what titles and authority to give to a daughter who is being courted to leave a promising career in Europe to come back and join the business. The choices of role range from an assistant to the current COO all the way to replacing the COO or staying in Europe. The strategic choices include backward integrating this trading company into sugar growing and refining on the continent and/or becoming an independent power producer and selling electricity to the national grid. Based on an HBS field case, anonymized for HBR.

Keywords: Succession Planning; Power Grid; Family Business; Management Succession; Emerging Markets; Business Strategy; Agriculture and Agribusiness Industry; Côte d'Ivoire

Citation

Find at Harvard

Purchase

LFM Capital: Turnaround at Pratt Industries (B)

By: Ted Berk

October 2024 |
Supplement |
Faculty Research

Citation

Southern California Industrial: Freezer Drive

By: Arthur I. Segel, W. Matt Kelly and Dwight Angelini

October 2024 |
Case |
Faculty Research

In the midst of the COVID-19 pandemic, a Boston based real estate private equity firm was seeking to make their very first West Coast investments in hopes of establishing their presence in the strategic region. An exciting property suddenly became available on the market in a submarket of Orange County that was well positioned for future rental rate growth. The property also showed potential for quick wins including an improvement plan for enhanced visual appeal and functionality. However, the property came with significant risks to the overall budget and investment returns, and was dependent on securing and retaining a suitable tenant. How should the firm weigh these potential risks admist the uncertainty of the pandemic, and did the benefits of securing an attractive West Coast property outweigh the potential losses?

Keywords: Real Estate Development; Real Estate Industry; Real Estate; Acquisition

Citation

Educators

Brown Capital Management

By: Luis M. Viceira and Sarah Mehta

September 2024 |
Teaching Note |
Faculty Research

Teaching Note for HBS Case No. 222-002.

Citation

Purchase

Faena: Magic in Mid-Miami Beach

By: Robin Greenwood, Denise Han, Dave Habeeb and Ruth Page

September 2024 |
Case |
Faculty Research

The link to this multimedia case should be provided to students in advance as preparation for classroom case discussion. This multimedia case follows real estate developer Alan Faena as he expanded his luxury development business from Argentina to the United States. The son of Syrian-Jewish textile manufacturers in Argentina, Faena transformed a blighted area of Buenos Aires into a vibrant arts district in the early 2000s. He brought this same vision to Miami Beach beginning in 2011, setting his sights on Miami’s “Mid Beach” an area that had fallen into disrepair with low property values. Faena created a district anchored by hotels, residences, restaurants, an art center, gardens, and a marina. However, the Miami Beach housing market was volatile, known for its booms and busts. The case concludes in 2016, when facing a market slowdown, Faena considered whether or not to push forward with his latest development in the Faena District, a planned 63-unit luxury condominium project called Faena Mar. The case asks students to consider the opportunities and risks posed by the development.