Fall 2019
Columbia Business School Private Equity Program

Message from Donna M. Hitscherich, Senior Lecturer in Discipline and Director of the Private Equity Program (’90)

Dear Friends of the Private Equity Program:

In this the inaugural Newsletter of the Private Equity Program, Greta Larson, Assistant Director of the Private Equity Program, and I are pleased to share with you some highlights of upcoming events at the Private Equity Program for 2012 and some of the Program’s significant events of the past year.  We hope enjoy the Newsletter and that you will join us as we strive to expand the offerings of the Private Equity Program and broaden our reach to the Columbia Business School community.   

Please join us next month at the Private Equity and Venture Capital Club Conference on February 3, 2012 at Lerner Hall. Now in its 18th year, the Conference regularly attracts almost 700 professionals, alumni and students  interested in the private equity industry. The Conference features timely panel discussions and  distinguished keynote speakers and provides opportunities to catch up with other attendees during the Conference lunch break and at the post-Conference reception. To register for the Conference today please click register today. If you have already registered, thank you and I look forward to welcoming you at the Conference.

Please consider forwarding the 2012 Conference link: http://www.cbspevcconference.com to any of your friends or colleagues that may have an interest in Conference.

Best wishes for a prosperous, happy and safe 2012 and if Greta and I can be of any assistance to you or you would like to become more involved in the Private Equity Program, please feel to reach out to us at the contact numbers below.

Kind regards,

Office: 212-854-0763

Email: dmh9@columbia.edu


Greta Larson

Office: 212-854-7989

Email: gl2304@columbia.edu

Learn more about the annual conference on February 3, 2012

Learn more about the annual conference on February 3, 2012
Now in its 18th year, the Annual Private Equity and Venture Capital Conference is hosted by Columbia Business School Private Equity and Venture Capital Club. The 2012 event will be held on February 3 - "Out of the Storm But Not Out of the Woods." Add to your calendar now, reserve your tickets today and visit http://www.cbspevcconference.com for more details. This year's keynote speakers feature: David M. Rubenstein - Co-founder and Managing Director of The Carlyle Group, Joseph L. Rice III – Chairman and Co-founder of Clayton, Dubilier & Rice, Robert L. Nardelli - CEO of Cerberus Operating & Advisory Company and Timothy C. Draper - Managing Director and Founder of DFJ Gotham Ventures. A complete listing of the Conference panels and speakers can be found on the Conference website. We invite you to take a look at the Conference website for more details. Read more

Inaugural Deal Camp in Montauk

Inaugural Deal Camp in Montauk
On December 2– 4, 2011, over 60 members of the Columbia Business School community, including MBA and EMBA students, alumni and private equity professionals headed to Montauk, NY for a brand new seminar/retreat called Deal Camp. Organized and created by the Private Equity Program, with support of the Career Management Center, the Dean's office, and generous sponsorship by Ernst & Young LLP, the driving force for the establishment for Deal Camp was the recognition of the need for student attendees to feel prepared for job interviews in the area of private equity and related professions. Deal Camp offered presentations from a variety of industry professionals in an intimate and high-intensity learning environment overlooking the ocean at Gurney’s Inn in Montauk.
Read the study on Private Equity Exits which was presented at Deal Camp by Ernst & Young.

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Business and Law Students Unite for Restructuring Competition

Business and Law Students Unite for Restructuring Competition
Columbia business and law students met on October 12, 2011 at a mixer and information session for the ABI Corporate Restructuring Competition.

The reception was jointly sponsored by the Private Equity Program, the Richard Paul Richman Center for Business, Law and Public Policy and the Columbia Business School PE/VC Club. Opening remarks and encouragement to the student competitors were given by Robert Jackson of Columbia Law School and Donna M. Hitscherich of Columbia Business School.

Visit the slideshow here.
Read more

"Fundraising in Turbulent Times" Alumni Event at Alston & Bird - November 2011

On November 15, 2011 the Private Equity Program held the second in a series focused on issues in private equity presented with, and hosted by, the law firm of Alston & Bird LLP. The recent program entitled "Fundraising in Turbulent Times" focused on the recent lessons learned in fundraising. The event featured a panel discussion moderated by Private Equity Program Director, Donna M. Hitscherich `90, and featured panelists fresh from the “fundraising” trenches: Mark Hallock `82, Managing Director at Jefferies Fund Placement Group; Danielle A. Hootnick, Director, Marketing and Investor Relations, FirstMark Capital; James H. Sullivan, Jr., Partner, Alston & Bird LLP Corporate Transactions and Securities Group and Max von Zuben `04, Principal, The Wicks Group. Read more

New Advisory Board Members

One of the goals of the Private Equity Program has been to expand the Program’s reach externally and utilize more fully the Columbia Business School New York private equity industry network. The Private Equity Program is pleased  to welcome the newest board members who will provide support and strategic advice to the Program:

  • Kenneth A. Buckfire `87 - CEO and Managing Director, Miller Buckfire;
  • Jeff Bunder - Global Private Equity Leader, Ernst & Young LLP;
  • Stewart K.P. Gross `87 - Managing Director, Lightyear Capital;
  • Alisa A. Wood `08 - Managing Director, KKR

Case Development and New Course Offerings

There are three cases developed under the Private Equity Program with a current request out to a corporate sponsor for additional case development. The current cases include:

  • Donna M. Hitscherich, Bright Horizons Family Solutions, Inc.: A Great Deal, or Room for Improvement in a Bid by a Strategic Acquiror?
  • Donna M. Hitscherich, UnderArmour: Protect this IPO or Sale to Strategic Bidder?
  • Donna M. Hitscherich, J. Crew Group Inc. - The Second Time Around or Another Holiday Shopper?

A new course entitled Essential Legal Principles for Business Professionals was developed and offered in July 2011 in the block week format by Donna M. Hitscherich. The course is an application oriented class that provides the business professional with an understanding of certain critical legal concepts that are an integral part of the decision making process for a business enterprise to operate effectively. The purpose of the course is to provide the student with a framework that will enable the student to identify legal issues that arise in a variety circumstances during the “life cycle” of the business enterprise beginning with the formation of the business enterprise through the dissolution
of the business enterprise through sale or bankruptcy.  The Private Equity Program gratefully acknowledges the support of the law firm of Alston & Bird LLP in the presentation and development of the course.

Donna M. Hitscherich moderator at Sir Gordon Wu Distinguished Speaker, Shun Jun Li from Trustbridge Partners in China

In Shun Jun Li’s November 2011 presentation for the Sir Gordon Wu Distinguished Speaker Forum, sponsored by the Jerome A. Chazen Institute of International Business, titled “China: An Insider’s View on Investing and Private Equity,” he told a packed house that success comes down to a set of basic principles.

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Podcasts available for "Starting a Fund 101" at Alston & Bird

If you can't attend, make sure you view the podcasts and photos from our Alston & Bird Events.

February 3, 2011 Annual Private Equity & Venture Capital Conference