We improve public understanding of the role of private capital in the global economy. Academic and industry experts work together to generate new knowledge about private capital markets based on objective academic research.
This research symposium brings together leading professionals and academics to focus on global issues in private equity.
The conference provides insights into current topics in alternative investments as well as the opportunity to meet and learn from some of the most influential industry leaders.
Please join us for the Active Management Research Alliance Virtual Symposium on January 11 and January 20, 2022.
 

Latest Research

Asset Allocation with Private Equity

January 25, 2022

We survey the literature on the private equity partnership arrangement from the perspective of an outside investor (limited partner). We examine how the partnership arrangement fits into a broader portfolio of investments, and we consider the methods and difficulties in performance measurement, both at the fund level and at the asset class level. We follow with a discussion of performance persistence and the skill and pricing power of both general and limited partners. More

The Future of Private Equity – PERC Roundtable

November 22, 2021

At IPC's May 2021 Private Equity Research Symposium, a roundtable discussion convened to discuss the Future of Private Equity. The academic discussion featured Tim Jenkinson (Oxford University’s Saïd Business School), Bob Harris (UVA's Darden School of Business), Victoria Ivashina (Harvard Business School), and Per Stromberg (Stockholm School of Economics). Our industry panel featured Petra Bukovec (Panetheon), Alex Rogers (HarbourVest), and Frank McKinniry (Vanguard). More

Capital Structure and Leverage in Private Equity Buyouts

November 22, 2021

A new study designed to shed light on the various kinds of debt now used to finance buyout transactions, and to provide some current insights on the profitability and leverage of such transactions using newly available data. Authors: Greg Brown (University of North Carolina at Chapel Hill), Robert Harris (University of Virginia), and Shawn Munday (University of North Carolina at Chapel Hill). More

Recent News & Media

Is the U.S. Economy at a Boiling Point, or Just Simmering?

January 19, 2022

As the U.S. continues to face COVID-19 and supply chain disruptions, experts debate just how worked up the economy is in its current state. This Kenan Insight serves as the first in a two-part point-counterpoint series, in which Kenan Institute Executive Director Greg Brown and Chief Economist Gerald Cohen hash out the arguments both for and against an overheating economy. More