UC Davis Symposium on Financial Institutions & Intermediaries 2012

This is the second annual symposium on financial institutions and intermediaries.  Co-chaired by Professor Yasuda and Professor Edelen, this year’s symposium features guests from around the world to discuss key topics on private equity.

Conference Schedule, 3102 Gallagher Hall


6:30 PM-8:30 PM  Informal gathering at Bistro 33 for drinks & conversation 

FRIDAY, MARCH 23, 2012

8:00 AM-8:30 AM  Continental Breakfast (Downstairs Atrium, Gallagher Hall)
8:30 AM – 9:30 AM

Jarrad Harford, U. Washington
Do Private Equity Sponsors Sacrifice Long-term Value for Short-term Profit?
Discussant: Chris James, University of Florida

9:30am-10:30 AM

Edith Hotchkiss, Boston College
Private Equity and the Resolution of Financial Distress
Discussant: Kenneth Ayotte, Northwestern

Break: Atrium outside board room (coffee)

10:50am-11:50 AM

Matthew Rhodes-Kropf, Harvard Business School
Waves of Financial Buyers vs. Strategic Buyers
Discussant: Gordon Phillips, University of Southern California

Keynote Luncheon: Ballroom, Davis Hyatt
Keynote Speaker: Raymond Chan, Adams Street Partners

1:30pm-2:30 PM

Florin Vasvari, London Business School                                             
Liquidity in the Secondaries Private Equity Market
Discussant: Sreedhar Bharath, Arizona State U.

2:30pm – 3:30 PM

Ludovic Phalippou,  Oxford Said Business School
Giants at the Gate: On the Cross-Section of Private Equity Investment Returns
Discussant: David Robinson, Duke

Break: Atrium outside board room (coffee)

3:50pm – 3:55 PM

Dean Currall’s Remarks

3:55pm – 5:00 PM

Panel hosted by Joncarlo Mark, Upwelling Capital
Topic: “Active management”: The role of private equity in corporate governance, finance, and operations

Amador Bustos, Bustos Media
Mike Child, TA Associates
Sarah Corr, CalPERS
Dennis Roberts, The McLean Group

5:30pm – 8:00 PM Dinner at Seasons