The Global Economic Impact of Private Equity Report 2008 - World ...

About the contributorsCo‐EditorsAnuradha Gurung is Senior Project Manager in the InvestorsIndustry at the World Economic Forum USA, where she isalso a Global Leadership Fellow. As Senior Project Manager,Anu is responsible for initiating, developing and managing theGlobalization of Alternative Investments project as well ascollaborating on other Investors Industry projects that relateto Private Equity, Hedge Funds, Institutional Investors andSovereign Wealth Funds. Prior to joining the Forum, Anu wasan Investment Banker in the Mergers and Acquisitions (M&A)team at UBS Warburg LLC (now UBS Investment Bank) andin the M&A and Financial Sponsor teams at Banc of AmericaSecurities, LLC. She worked on transactions across manysectors including general industrials, healthcare, media andtelecommunications, technology, real estate, and retail andconsumer products. She was also a Research Analyst atSchneeweis Partners (now Alternative Investments Analytics,LLC), a research and consulting firm for hedge funds andother alternative investments. Anu was Phi Beta Kappa andgraduated cum laude from Smith College, Massachusetts,USA with a BA in Economics (High Honours). She completedher Master’s in Public Policy from Duke University, NorthCarolina, USA, where she was a James B. Duke Scholarand a Terry Sanford Scholar. Anu co‐wrote the proposal fora mobile library system in rural Nepal, which was one of thetop five recipients of a World Bank Development Marketplacegrant in 2003.Josh Lerner is the Jacob H. Schiff Professor of InvestmentBanking at Harvard Business School, Masschusetts, USAwith a joint appointment in the Finance and EntrepreneurialManagement units. He graduated from Yale College,Connecticut, USA with a Special Divisional Major thatcombined physics with the history of technology. He workedfor several years on issues concerning technologicalinnovation and public policy, at the Brookings Institution; fora public‐private task force in Chicago; and on Capitol Hill. Hethen obtained a PhD from Harvard’s Economics Department.Much of his research focuses on the structure and role ofventure capital and private equity organizations. (Thisresearch is collected in two books, The Venture Capital Cycleand The Money of Invention.) He also examines technologicalinnovation and how firms are responding to changing publicpolicies. (The research is discussed in the book Innovationand Its Discontents.) He founded, raised funding for, andorganizes two groups at the National Bureau of EconomicResearch (NBER): Entrepreneurship and Innovation Policyand the Economy. He is a member of a number of otherNBER groups and serves as co‐editor of their publicationInnovation Policy and the Economy. His work has beenpublished in a variety of top academic journals.In the 1993‐94 academic year, he introduced an elective coursefor second‐year MBAs on private equity finance. In recent years“Venture Capital and Private Equity” has consistently been oneof the largest elective courses at Harvard Business School. (Thecourse materials are collected in Venture Capital and PrivateEquity: A Casebook, whose fourth edition is forthcoming.) Healso teaches a doctoral course on entrepreneurship, in theOwners‐Presidents‐Managers Program, and organizes anannual executive course on private equity. He serves as theSchool’s representative on Harvard University’s Patent,Trademark and Copyright Committee and on the Provost’sCommittee on Technology Transfer.Core Research TeamLead AcademicJosh Lerner is the Jacob H. Schiff Professor of InvestmentBanking at Harvard Business School, Masschusetts, USAwith a joint appointment in the Finance and EntrepreneurialManagement units. He graduated from Yale College,Connecticut, USA with a Special Divisional Major thatcombined physics with the history of technology. He workedfor several years on issues concerning technologicalinnovation and public policy, at the Brookings Institution; for apublic‐private task force in Chicago; and on Capitol Hill. Hethen obtained a PhD from Harvard’s Economics Department.Much of his research focuses on the structure and role ofventure capital and private equity organizations. (Thisresearch is collected in two books, The Venture Capital Cycleand The Money of Invention.) He also examines technologicalinnovation and how firms are responding to changing publicpolicies. (The research is discussed in the book Innovationand Its Discontents.) He founded, raised funding for, andorganizes two groups at the National Bureau of EconomicResearch (NBER): Entrepreneurship and Innovation Policyand the Economy. He is a member of a number of otherNBER groups and serves as co‐editor of their publicationInnovation Policy and the Economy. His work has beenpublished in a variety of top academic journals.164 Case studies: About the contributorsThe Global Economic Impact of Private Equity Report 2008