2025 PERC Symposium Oxford: Best Paper Award

Private Equity Research Symposium Oxford,
The Private Equity Research Consortium (PERC) convened at the University of Oxford Saïd Business School on May 22-23, 2025 for its annual European research symposium. Over the course of two days, academic researchers and industry practitioners gathered for a discussion on a broad range of topics in Private Equity including new methedologies in private market research, investment incentives, and social issues and impact investing.
Best Paper Award
In keeping with tradition, attendees voted for the best paper presented at the symposium. This year’s PERC Oxford Best Paper Award goes to “Private Equity Sponsors, Law Firm Relationship, and Loan Contracts in Leveraged Buyouts” by Ruiyuan (Ryan) Chen, West Virginia University; Douglas Cumming, Florida Atlantic University; Binru Zhao, Bangor Business School; Yijia (Eddie) Zhao, University of Massachusetts Boston. This paper lifts the curtain on a curious backstage alliance in the world of leveraged buyouts (LBOs).




