Private wealth also comes with responsibility. Yet, how can more private wealth be won for the common good?How could donation in its many forms evolve to mobilize more resources to accomplish larger community tasks? On October 29th, a small group of founders, high net-worth individuals and experts… [read more]

Credit facilities in private equity, often referred to as “subscription lines” (SL), have become a topic of interest, sparking debates not only among researchers but also among practitioners. In this paper, we are the first to analyze their potential thoroughly by quantifying the impact on both… [read more]

 The CEFS published a new study on listed family firms in Germany. It was joint work of Prof. Achleitner, Prof. Braun and Prof. Kaserer as well as Dr. Jarchow, Mr. Keppler and Mr. Szewczyk from the CEFS team on behalf of Stiftung Familienunternehmen. The study concludes that family firms in Germany… [read more]

On July 22nd, 2019, Professor Achleitner received the highest honor of the Bavarian state, the Bavarian Order of Merit. The press news from the Bavarian government can be found here (in German). The Bavarian Order of Merit is awarded by the Bavarian Prime Minister on a yearly basis as “a sign of… [read more]

The study "Innovationskraft in Deutschland verbessern: Ökosystem für Wachstumsfinanzierung stärken" ("Improving Germany's innovation power: strengthening the ecosystem for growth financing") by Prof. Dr. Dr. Ann-Kristin Achleitner and Prof. Braun together with Thomas Lange and Jan Henning Behrens… [read more]

Prof. Braun and Thomas Lange (acatech) portrait a new investment vehicle for German start-ups. The Handelsblatt article (in German) can be found here. The co-investment instrument aims at a combination of knowledgeable investors and the wider public for investments in start-ups. the idea is to… [read more]

Prof. Achleitner spoke at a podcast on May 16th, 2019. The Podcast can be heard here (starting at minute 00:16:32). Gabor Steingart, journalist, author and media manager, gives a brief overview in his morning briefing on up-to-date developments around the (business) world. In the interview, Prof.… [read more]

The May edition of the magazine Venture Capital publishes an article on the acatech study by Prof. Achleitner and Prof. Braun on the need for growth financing options in Germany. The article (in German) shows that young companies in their growth-phase need more German money or we will lose them to… [read more]

The paper "What makes a corporate Investor Desirable? - An investigation of Entrepreneurial Decision-Making" by Stefanie Weniger (CEFS) and Svenja Jarchow (CEFS) was accepted for presentation at the Entrepreneurial Finance Conference 2019 in Trier, Germany. This internationally renown conference is… [read more]

On March 29th, 2019, the acatech group on innovation and growth financing presented first results in Berlin. Prof. Achleitner and Prof. Braun as project leaders presented at the meeting with high-ranked politicians first results of the study. All information, including the interims presentation can… [read more]