Publications

“Pay for Performance from Future Fund Flows: The Case of Private Equity”, with Ji-Woong Chung, Lea Stern, and Mike Weisbach, October 2011.

Review of Financial Studies, forthcoming.

• Winner, Wharton School WRDS Award for Best Empirical Finance Paper, Western Finance Association Meeting, 2011.

"Investor Abilities and Financial Contracting: Evidence from Venture Capital", with Ola Bengtsson.
Journal of Financial Intermediation, vol. 20, no.4, pp. 477-502 (October, 2011).
• Lead article.

"Club Deals in Leveraged Buyouts", with Micah Officer and Oguzhan Ozbas.
Journal of Financial Economics, vol. 98, no. 2, pp. 214-240 (November, 2010).

"Costly External Finance, Corporate Investment, and the Subprime Mortgage Credit Crisis", with Ran Duchin and Oguzhan Ozbas.
Journal of Financial Economics, vol. 97, no. 3, pp. 418-435 (September, 2010).

"Performance Evaluation and Self-Designated Benchmark Indexes in the Mutual Fund Industry",
Journal of Financial Economics, vol. 92, no. 1, pp. 25-39 (April, 2009).  

"Should Investors Bet on the Jockey or the Horse? Evidence from the Evolution of Firms from Early Business Plans to Public Companies", with Steve Kaplan and Per Strömberg.
Journal of Finance, vol. 64, no. 1, pp. 75-115 (February, 2009).

• Finalist for the Brattle Prize for best corporate finance paper published in the Journal of Finance in 2009.