Ludovic Phalippou

Professor of Financial Economics, University of Oxford, Saïd Business School

Ludovic Phalippou is an Professor of Financial Economics at Saïd Business School, University of Oxford, who specializes in private equity. Ludovic focuses on the areas of private equity that are of interest to investors and potential investors in that asset class, such as risk management, liquidity and measurement of returns. Ludovic received a degree in Economics from Toulouse School of Economics, a Master in Economics and a Master in Mathematical Finance both from the University of Southern California, and a PhD in Finance from INSEAD.

Related Publications

The Trillion Dollar Bonus of Private Capital Fund Managers

Carry is a performance-related payment made to private capital fund managers (general partners of limited partnerships). We find that as much as 70% of invested capital is in the carry, and funds focusing on Leveraged Buy-Outs and Secondaries are nearly all in the carry (83%, 91%).
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Should Private Companies Have the Same SEC Disclosure Requirements as Public Companies?

A debate between Ludovic Phalippou, Professor of Financial Economics, Saïd Business School, University of Oxford and Gregory Brown,  Sarah Graham Kenan Distinguished Professor of Finance at the University of North Carolina-Chapel Hill’s Kenan Flagler Business School.
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Employee Views of Leveraged Buy-Out Transactions

A large sample of employee reviews shows a decline in satisfaction after a Leveraged Buy-Out (LBO), but with significant heterogeneity. The key driver is the previous ownership structure. For Private-to-Private transactions, dissatisfaction is concentrated in non-management employees and comes mostly from how management treats them.
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