Prof. Dr. Bernhard Schwetzler
Dr. Benjamin Hammer
AssetMetrix; Astorius, Börsen-Zeitung (WM Gruppe), CatCap, Handelsblatt Media Group, Neuberger Berman. Nordic Capital, Palero, Skadden, Arps, Slate, Meagher & Flom, The Boston Consulting Group, ValueTrust
In recent years, the importance of private equity (PE) as an asset class has rapidly increased and deal activity has surged to record levels. Still it is understudied academically and success factors of PE investments are not yet fully understood. The Center for Corporate Transactions and Private Equity (CCTPE) is a think tank for private equity buyouts that aims at closing this gap. The purpose of the Center is to foster high quality research output, and provide a platform for renowned scholars and industry professionals at HHL Leipzig Graduate School of Management – one of the leading business schools in Europe. Over the past years, a team of renowned and experienced scholars has created a competitive database on PE buyouts and received considerable media attention as well as several scientific awards for its research. Several high-profile companies and individuals are partnering with us to further expand our database and research. We gratefully acknowledge support by AssetMetrix, Astorius, The Boston Consulting Group, Börsen-Zeitung (as part of WM Gruppe), CatCap, as well as a HHL alumnus.
As an alumnus of HHL’s Chair of Financial Management, I am proud and happy to see the successful launch of the Center for Corporate Transactions and Private Equity. After having myself moved from academia back to business as a private equity investment professional, I strongly second CCPTE’s focus on high quality research while maintaining close ties to the practical world of investing and deal making at the same time.
As a doctoral candidate at the Center for Corporate Transactions and Private Equity I was able to work on the forefront of academic research on private equity and develop knowledge relevant for both academia and practice
Every year, the HHL Research Award is presented to a junior scientist whose publications and conference presentations greatly contributed to the scientific discourse. In 2018, Dr. Heiko Hinrichs received the award (see photo below), which includes EUR 500 in prize money. One of his co-authored papers “Does culture affect the performance of private equity buyouts?” was published in the Journal of Business Economics. He also presented his research at renowned academic conferences, such as the Eastern Finance Association’s annual meeting in Jacksonville, USA and the Financial Management Association European Conference in Lisbon, Portugal. The HHL Research Award is endowed by Martens & Prahl Versicherungskontor GmbH and Peter Dorsch, who is a board member of the Association of Friends of HHL.
Robert Loos: “Fueling the buyout machine: Fundraising in private equity”
Awarded for the best article on a subject of high practical relevance by the journal Financial Markets and Portfolio Management
Robert Loos: “Exit through exitus in private equity buyouts”
Awarded for the best corporate finance paper presented at the annual meeting 2015 of the European Financial Management Association
The CCTPE will be supported by various high-profile companies and individuals: AssetMetrix; Astorius; Börsen-Zeitung (WM Gruppe); CatCap; Handelsblatt Media Group; Neuberger Berman; Nordic Capital; Palero; Skadden, Arps, Slate, Meagher & Flom; The Boston Consulting Group; ValueTrust, as well an anonymous HHL alumnus.