The 2020 conference was supported by the Linde Institute at Caltech.

Friday March 6th (Caltech Athenaeum [map])

Presentation format: 20 minutes for presentation, 15 minutes for discussant and 15 minutes for group discussion.


8:15am: Meet in Courtyard lobby if you want to take vans to Caltech. 

8:30am – 9:15am: Light breakfast and coffee.

Paper 1 9:15am-10:05am: Optimal Allocation to Private Equity (Nicola Giommetti and Morten Sørensen)

Discussant: Mark Westerfield (University of Washington)

10:05 – 10:40am: Coffee break

Paper 2 10:40 – 11:30am: Credit Market Equivalents and the Valuation of Private Firms (Niklas Huther, Lukas Schmid and Roberto Steri)

Discussant:  Arpit Gupta (NYU)

11:45am – 1:15pm: Lunch

Paper 3 1:15 – 2:05pm:  The Returns to Early-Stage Investment (Katja Kisseleva, Aksel Mjøs and David T. Robinson)

Discussant: Will Gornall (UBC)

2:05- 2:30pm Break

Paper 4 2:30-3:20pm: Financing Entrepreneurship: Tax Incentives for Early-Stage Investors (Matthew Denes, Xinxin Wang, and Ting Xu)

Discussant: Jessica Jeffers (Univ. of Chicago, Booth)

Paper 5 3:20 – 4:10pm: Private Company Valuations by Mutual Funds (Vikas Agarwal, Brad Barber, Si Cheng, Allaudeen Hameed and Ayako Yasuda)

Discussant: Sergey Chernenko (Purdue)