From 26 to 27 November 2015, the first two-day workshop on „foundation-owned companies” took place at Technical University of Munich (TUM). [read more]

The Paper "The Leverage, Pricing and Return Puzzle in Leveraged Buyouts: The Impact of Competition" was by Nicholas Crain, Reiner Braun and Anna Gerl was presented at the 8th Private Equity Findings Symposium at the London Business School in June 2015. [read more]

The paper “Travel Distance and Firm Valuation: International Evidence” by Marc Steffen Rapp, Thomas Schmid and Daniel Urban was presented at the IFABS 2015 Corporate Finance in Oxford. [read more]

The paper “The Leverage, Pricing and Return Puzzle in Leveraged Buyouts: The Impact of Competition” by Reiner Braun, Nicholas G. Crain and Anna Gerl was presented at the IFABS 2015 Corporate Finance Conference in London, UK. [read more]

The paper “Women on Corporate Boards: Good or Bad?” by Thomas Schmid and Daniel Urban was presented at the 2016 AFA Meeting and the Paris December 2015 Finance Meeting. [read more]

Prof. Achleitner was part of a committee of 26 family entrepreneurs, scientists and consultants which developed a family firm governance code based on scientific and practical findings and in adjustment to existing European governance codes. The results were presented at the 15-year anniversary… [read more]

The paper "How Persistent is Private Equity Performance? Evidence from Deal-Level Data" (see below) by Reiner Braun, Tim Jenkinson and Ingo Stoff was presented at the American Finance Association Meeting January 2016. The paper addresses persistence of returns as a critical issue for investors in… [read more]

The paper "How persistent is private equity performance? Evidence from deal-level data" by Reiner Braun, Tim Jenkinson and Ingo Stoff was accepted by the Journal of Financial Economics, which is one of the highest ranked journals for finance publications. The publication is forthcoming. [read more]

The paper "The Cost of Private Equity Investing and the Impact of Dry Powder" by Reiner Braun and Ingo Stoff was accepted at the Journal of Private Equity. [read more]

The paper "International Evidence on Value Creation in Private Equity Transactions" by Benjamin Puche, Reiner Braun and Ann-Kristin Achleitner was published in the Journal of Applied Corporate Finance. The paper takes a closer look at value creation drivers in the different steps of PE transactions.… [read more]