The 4th Columbia Private Equity conference – generously supported by the Columbia Business School – will be held in person on March 5th and 6th on the Columbia Business School campus.

The first day of the conference (March 5th) is a Ph.D. workshop, and the second is a five-paper conference. Attendance is invite-only and has limited space. Email Mike Ewens ([email protected]) for more information.

Location: Columbia Business School

Format

Ph.D. workshop: 25 minutes for presentation, 15 minutes for discussion, and 5 minutes for Q&A.

Main session: 25 minutes for presentation, 15 minutes for discussion, and 10 minutes for Q&A.

Ph.D. Workshop, Thursday, March 5th

Location: Kravis 370

12 pm – 1 pm: Introduction and Lunch

1:15 – 2:00 pm: “When the Rules Change: The Uneven Effects of SEC’s Accredited Investor Reform” by Alina Munteanu (The University of Oklahoma)

Discussant: Daisy Wang (USC)

2:00 – 2:45 pm: “Can Private Be the New Public Quantifying Conflicts of Interest in Publicly Listed Private Equity” by Dean Parker (NYU)

Discussant: Shrijata Chattopadhyay (Binghamton University (SUNY))

2:45 pm-3:15 pm: Break

3:15 – 4 pm: “How do Barbarians Get to the Gates? Private Equity Careers, Styles, and Returns” by Blake Jackson (University of Florida).

Discussant: Vladimir Mukharlyamov (Georgetown)

4:00-4:45 pm: “Financing Risk and Startup Growth” by Xugan Chen (Yale University)

Discussant: Jun Chen (Univ. of IL, Chicago)

5 pm – 6 pm: Reception

6:30 pm – 8 pm: Dinner (presenters, discussants, and invited guests)

Conference, Friday, March 6th

Location: Kravis 410 (meals) and Kravis 490 (presentations)

9:00 – 9:45 am: Light breakfast and coffee.

9:45 am-10:35 am: “Cash or Stock? Agency Frictions in Venture Capital Distributions” by Minmo Gahng (Cornell)

Discussant: Peter G. Iliev (Penn State)

10:35 – 11:00 am: Coffee break

11:00 – 11:50 am: “Private Equity Continuation Vehicles: A Model of Strategic Asset Transfers” by Victoria Ivashina (HBS), Simon Mayer (CMU), Ludovic Phalippou (Oxford)

Discussant: Giorgia Piacentino (USC)

12:00 pm – 1:30 pm: Lunch and coffee

1:30 – 2:20 pm: “How Do Emerging Markets Investors Make Decisions? Evidence from Venture Capital and Private Equity” by Emanuele Colonnelli (Booth), Marcio Cruz (IFC), Josh Lerner (HBS), and Mariana Pereira-Lopez (IFC)

Discussant: Abhinav Gupta (UNC)

2:20- 2:50 pm: Break

2:50-3:40pm: “Quietly Ahead: The Diverging R&D Productivity of Public and Private Firms” by Daniel Bias (Vanderbilt) and Alexander Ljungqvist (SSE).

Discussant: Joan Farre-Mensa (Univ. of IL, Chicago)

3:40 – 4:30 pm: “The Lending Technology of Direct Lenders in Private Credit” by Young Soo Jang (Penn State), Dasol Kim (OFR), Amir Sufi (Booth).

Discussant: Melanie Wallskog (Duke)

5:15 pm – 7:30 pm: Drinks and dinner (presenters, discussants, and invited guests)

Attendees

Name (Institution)
Michael Ewens (Columbia Business School; co-organizer)
Emmanuel Yimfor (Columbia Business School; co-organizer)
Neroli Austin (University of Michigan, Ross School of Business)
Daniel Bias (Vanderbilt University, Owen Graduate School of Management)
Gregory Brown (UNC Kenan-Flagler Business School)
Johan Cassel Pegelow (Vanderbilt University, Owen Graduate School of Management)
Shrijata Chattopadhyay (Binghamton University, School of Management)
Jun Chen (University of Illinois at Chicago)
Xugan Chen (Yale School of Management, PhD Student)
Joseph Choi (Columbia Business School, Predoctoral Staff Associate)
Keith Crouch (MSCI, Private Capital Indexes)
Melissa Crumling (Drexel University, Lebow College of Business, PhD Candidate)
Marcio Cruz (IFC / World Bank Group)
Minmo Gahng (Cornell University, SC Johnson College of Business)
Abhinav Gupta (UNC Kenan-Flagler Business School)
Anna Helmke (Vanderbilt University, Owen Graduate School of Management)
Blake Jackson (University of Florida, PhD Student)
Young Soo Jang (Penn State University, Smeal College of Business)
Xuelin Li (Columbia Business School)
Alexander Ljungqvist (Stockholm School of Economics)
Federico Mainardi (Columbia Business School)
Simon Mayer (Carnegie Mellon University, Tepper School of Business)
Ioannis Michopoulos (Stout, Complex Securities & Financial Instruments)
Vladimir Mukharlyamov (Georgetown University, McDonough School of Business)
Alina Munteanu (University of Oklahoma, PhD Candidate)
Simon Oh (Columbia Business School)
Dean Parker (NYU Stern School of Business, PhD Candidate)
Mariana Pereira-Lopez (IFC / World Bank Group)
Giorgia Piacentino (USC Marshall School of Business)
Sascha Steffen (Frankfurt School of Finance & Management)
Carson Tavares (EY, Treasury Consulting / Financial Services)
Steven Utke (University of Connecticut, Department of Accounting)
Melanie Wallskog (Duke University, Fuqua School of Business)
Daisy Wang (USC Marshall School of Business)
Shuwen Wang (Columbia Business School, PhD Student)
Luman Zou (Columbia Business School, PhD Student)

Past programs