The first Columbia Private Equity conference – generously supported by the Columbia Business School – was held in person on March 2nd and 3rd on the Columbia Business School campus.

The first day of the conference (March 2nd) was a Ph.D. workshop, and the second is a five-paper conference.

Location: Geffen Hall (Room 490) and Kravis Hall, Columbia Business School (Room 880)

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 2nd

Geffen Hall, Room 490

12pm – 1 pm: Introduction and Lunch

1:15 – 2:00 pm: “Human Capital Reallocation and Agglomeration of Innovation: Evidence from Technological Breakthroughs” (Jing Xue, Univ. Maryland)

Discussant: Filippo Mezzanotti (Northwestern)

2:00 – 2:45pm: “The Adoption of Artificial Intelligence by Venture Capitalists” (Maxime Bonelli, HEC)

Discussant: Lea Stern (Univ. Wash.)

2:45pm-3:15pm: Break

3:15 – 4pm: “From in-person to online: the new shape of the VC industry” (Mila Alekseeva, Silvia Fontana, Caroline Genc, and Hedieh Ranjbar)

Discussant: Xavier Giroud (Columbia)

4:00-4:45 pm: “Desperate Capital Breeds Productivity Loss: Evidence from Public Pension Investments in Private Equity” (Vrinda Mittal, Columbia)

Discussant: Jonathan Zandberg (Wharton)

5pm – 6pm: Reception (presenters+discussants)

6:30 pm – 8 pm: Dinner (presenters+discussants)

Conference, Friday, March 3rd

Kravis Hall, Room 880

9:00 – 9:30 am: Light breakfast and coffee.

9:30 am-10:20 am: “Portfolio Management in Private Equity” (Greg Brown, Celine Fei, and David Robinson)

Discussant: Arpit Gupta (NYU Stern)

10:20 – 10:55 am: Coffee break

10:55 – 11:45 am: “Size, returns and value added: Do private equity firms allocate capital according to manager skill?” (Reiner Braun,
Nils Dorau, Tim Jenkinson, and Daniel Urban)

Discussant:  Rustam Abuzov (Univ. VA, Darden)

11:45am – 1:00pm: Lunch

1:00 – 1:50 pm:  “Who becomes a business angel?” (Laurent Bach, Ramin P. Baghai, Per Strömberg, and Katarina Warg)

Discussant: Katja Kisseleva-Scherenberger (Frankfurt School of Finance & Management)

1:50- 2:15pm: Break

2:15-3:05pm: “Learning by Investing: Entrepreneurial Spillovers from Venture Capital” (Josh Lerner, Jinlin Li, and Tong Liu)

Discussant: Emanuele Colonnelli (Booth)

3:05 – 3:55pm: “The Shifting Finance of Electricity Generation” (Aleksandar Andonov and Joshua Rauh)

Discussant: Sophie Shive (Univ. of Notre Dame)

4pm – 5:30pm: Reception (presenters+discussants)

6:00 pm – 8:00 pm: Dinner (presenters+discussants)

Attendees

NameInstitution
Aleksandar Andonov
Arpit Gupta
Celine Yue Fei
Daniel Urban
David Robinson
Emanuele Colonnelli
Emmanuel Yimfor
Filippo Mezzanotti
Hedieh Rashidi Ranjbar
Jeremias Huber
Jerry Shi
Jessica Hamlin
Jing (Sophia) Xue
Jonathan Zandberg
Jorge Guzman
Katarina Warg
Katja Kisseleva
Lea Stern
Maxime Bonelli
Michael Ewens
Minmo Gahng
Ramana Nanda
Rus Abuzov
Silvia Dalla Fontana
Song Ma
Sophie Shive
Tim Jenkinson
Tong Liu
Vladimir Mukharlyamov
Vrinda Mittal
William Janeway
Xavier Giroud
Xuelin Li
Yingxiang Li
University of Amsterdam
NYU Stern
UNC
Erasmus School of Economics
Duke University
University of Chicago
University of Michigan
Northwestern University
University of Michigan
Columbia Business School
Columbia University
Pitchbook
University of Maryland
The Wharton School
Columbia Business School
Stockholm School of Economics
Frankfurt School of Finance & Management
University of Washington
HEC
Columbia Business School
University of Florida
Imperial College
University of Virginia, Darden
University of Lugano
Yale
University of Notre Dame
Oxford University
MIT
Georgetown University
Columbia Business School
University of Cambridge
Columbia Business School
University of South Carolina
University of British Columbia

Past programs