The Coller Prize in Private Equity 2012 winners announced
This year’s Coller Prize in Private Equity competition, where London Business School’s Coller Institute of Private Equity awards research work on private equity-related topics, yielded outstanding case studies and excellent, innovative PhD papers.
During last week’s Coller Prize award evening at the School, prize winners from around the world accepted their awards and presented their findings.
Reflecting the School’s international student body, the winning authors originated from countries including Mexico, the US, Kazakhstan, Ivory Coast, China, France, Japan and Korea.
The case studies and management reports finalists discussed private equity investments in Africa and China, fund management strategies and financial sector investments. The prize-winning PhD papers examined the impact of fund manager performance on the risk profile of future investments and the relationship between investment horizon and investments in innovative companies.
Coller Case Study Prize 2012 winners
“Adams Street Partners: a pioneer investor’s approach to the management of a large private equity portfolio”
Authors: Adam Dawson, Rogelio Prieto (MBA2012)
“Co-win capital: the evolution of the Chinese PE & VC industry”
Authors: Wei Cao, Masaki Takeda, Carolyn Tiet (MBA2012)
Coller Management Report Prize 2012 winners
“Private equity in African sub-Saharan countries: why, how and where to invest in 2012?”
Authors: Fatoumata Ly, Mariya Nurgaziyeva (MIFFT2012)
Coller Management Report Prize 2012- runner up
“European banks - indicators of distress”
Authors: Ryan Brewer, Romain Prouvost, Cameron Taylor (MBA2012)
Coller PhD Prize 2012 paper
Winner
“Investor horizon and innovation: evidence from private equity funds
Author: Jean-Noel Barrot (HEC Paris), who investigated the correlation between investment horizon and appetite for investments exploring new ideas. His findings suggest that the investment horizon is a strong driver of private equity funds’ asset allocation.
Runner-up
“ Investor horizon and innovation: evidence from private equity funds”
Author: Nicholas Crain (McCombs School of Business, University of Texas), examined the effect of track-record concerns on the investment strategies of venture capital fund managers. Nicholas concluded that, in contrast to the findings in the mutual fund literature, venture capital managers, whose initial investments perform poorly, have an economic incentive to avoid risk.
For more information and to download the relevant presentations and PhD papers please refer to the Coller Institute’s website on: http://www.collerinstitute.com/Coller_Prize.