Articles

Issue 4 - Winter 2010

Swinging the Private Equity Pendulum
By Bronwyn Dylla Bailey, Ph.D, Private Equity Consultant
The private equity asset class took a sharp hit from the financial crisis and subsequent economic recession. The difficult PE fundraising environment may have started to swing the pendulum toward limited partner (LP) investors - and this article explores how extensively the balance of power between LPs and private equity fund managers has shifted.

Private Equity Opportunity - “Hard Assets” in Latin America
By Marc Frishman '98, Partner, Conduit Capital Partners
Private Equity and Infrastructure Fund investment managers with the experience to structure projects to mitigate risks in the emerging markets can achieve higher returns and create very attractive investment opportunities. One of the most important markets where success has been achieved and which continues to offer impressive opportunities is Latin America and the Caribbean.

Global Macro & Strategy Outlook: Restructuring Not Recovery
By Michel Léonard, Ph.D., Chief Economist & Senior Vice President, Alliant Insurance | A Blackstone Group Company
Alliant Insurance's theme for 2010 is restructuring not recovery. A recovery implies a return to what existed before, in this case global markets before the Credit Crisis. In our opinion, this will not happen. By the end of 2010, investors will look at a global investment landscape vastly different than what existed prior to 2008 along with new macro economic fundamentals.

Why Cleantech Matters
By Jennifer Scott Fonstad, Managing Director, Draper Fisher Jurvetson
Over the last century, national growth, global politics, investment returns have marched to the tune of the massive increasing worldwide consumption of energy. While no one anticipates our dependency on oil, gas, and coal to dissipate, a significant share will be taken by an emerging, sustainable and renewable energy category - opening up a slew of new investment markets.

Student Profile - MBA Candidate Cameron Kramlich
Thunderbird students are prepared with the skills and aptitude to excel in PE/VC. Meet MBA Candidate Cameron Kramlich, president of Thunderbird's PrivateEquity/Venture Capital Club, Chief Investigative Officer for Honor Council, and one of two students on the steering committee for the annual Thunderbird Private Equity Conference, Cameron spent last summer as Director of Business Development for Rhomobile through the vSpring Capital internship program and is an advisor to Three Bears Alaska and Moker.cn. He was previously based in Shanghai with Inter-Asia, and worked on the technology investment banking team at WestLB in London and with UBS in Zurich. He is a member of the Phoenix Committee on Foreign Relations and is former vice chair of the International Forum at the World Affairs Council of Northern California.
To request Cameron's resume, e-mail james.lamarche@thunderbird.edu.

Issue 3 - Summer 2009

The Current Private Equity Secondary Market Environment
By Kelly DePonte, Partner, Probitas Partners

Private Equity Fundraising in the Current Economy
By Michael Mueller, CFA, CPA, Deputy Chief Investment Officer, Oregon State Treasury

An Audio Interview with Mark Steed '07, Investment Specialist, Arizona PSPRS
By Christine Mendonca '10, Thunderbird MBA Candidate

Issue 2 - Spring 2009

Opportunities for Private Equity in Emerging Markets
By Veronica L. John, CEO of IDFC Capital in Singapore and President of IDFC Global Alternatives

Differences in Public v. Private Acquisitions & Management Retention
By Jarl Kallberg, Ph.D., Professor of Global Finance, Thunderbird School of Global Management   

Private Equity in Africa - Lessons Learned
By Carolyn Campbell, Managing Director and General Counsel, Emerging Capital Partners   

Renaissance Africa
By Olufemi Barbarinde, Ph.D., Associate Professor of International Studies, Thunderbird School of Global Management 

Towards Free Trade in South Asia: Political and Economic Dimensions
By Kishore Dash, Ph.D., Associate Professor of Global Studies, Thunderbird School of Global Management

An Agenda for Private Equity and Venture Capital in Latin America
By Cate Ambrose, Executive Director, Latin America Venture Capital Association 

Issue 1 - Fall 2008

New President, New Congress: What It Means for Private Equity
By Douglas Lowenstein, President, the Private Equity Council

Is Private Equity Good for Brands? 
By Jonathan Knowles, Founder and CEO, Type 2 Consulting and Dr. Richard Ettenson, Associate Professor, Thunderbird School of Global Management

Private Equity in a Stuggling Economy
An interview with Christopher Bancroft Burnham, Vice Chairman & Managing Director, Deutsche Asset Management