03 Nov 2023

New Faculty Profiles: Leslie Jeng


HBS faculty comprises more than 300 scholars and practitioners who bring leading-edge research, extensive experience, and deep insights into the classroom, to organizations, and to leaders across the globe. We asked new faculty at HBS about their background, their new roles, and their interests.

Leslie Jeng, senior lecturer, Finance

What did you do before coming to HBS?
I am the director of research for the Private Capital Research Institute with a joint appointment as an HBS research fellow. My research focuses on the private capital industry and its economic impact. I work primarily alongside Professor Josh Lerner, who specializes in studying entrepreneurship, venture capital, and private equity. In addition to research, I have taught at the Kennedy School of Government and was faculty at Boston University’s School of Management. I also have work experience as a quantitative investment researcher for Arrowstreet Capital and an investment banker in Goldman Sachs’s Financial Institutions Group. I have bachelor’s degrees in finance and mathematics from the Wharton School at the University of Pennsylvania and a PhD in business economics from Harvard University/Harvard Business School.

How have you exercised leadership in business?
I have spent the last 10 years as the director of research for the Private Capital Research Institute. This non-profit organization seeks to further the understanding of private capital and its global economic impact through independent academic studies. I led many research projects that involved the development of numerous databases, including the development of a comprehensive database of private capital data, the creation of a digital library of certificates of incorporation, and the creation of a database on private capital impact investing. Several colleagues and I recently completed a research paper exploring how impact investors differ from traditional investors.

What will you be teaching?
I am teaching Finance 1 in the Required Curriculum.

What would you be doing if you weren’t a professor?
Travelling and spending time with my husband and three children.

Where are you from?
I was born and raised in Toledo, Ohio.

What is something you like to do outside of your academic work?
I love to play ice hockey and watch my kids play.

What’s your favorite book, movie, or piece of art?
My favorite book is Killer Angels, by Michael Shaara; movie is Shawshank Redemption, and piece of art is A Sunday on the Island of La Grande Jatte, by Georges Seurat.

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