Default Category
-
When (Not) to Listen to Activist Investors
Greenwood, Robin; Schor, MichaelArticle HBS-F0801H-EPoorly performing managers shouldn't necessarily heed the demands of hedge funds that call for change in a company's strategic direction. Giving in does not, on average, yield stock gains that outperform the market - that is, unless the firm gets acquired.Starting at €8.20
-
Hayman Capital Management
Greenwood, Robin; Messina, Julie; Dourdeville, JaredCase HBS-212091-EFinanceIn late December 2011, Hayman Capital founder and portfolio manager Kyle Bass was reviewing Japanese government budget projections for 2012. The projections appeared contrary to Hayman Capital's views on Japan, where the fund had built a bearish position. Japan had the world's highest debt burden, whether expressed as a percentage of GDP or government revenue. Guided by recent global events, Bass forecast that Japan would soon experience increase...Starting at €8.20
-
Pershing Square 2.0
Greenwood, Robin; Hanson, Samuel G.; Biery, DavidCase HBS-216003-EFinanceIn June 2015 William A. Ackman, the CEO and Founder of New York Hedge Fund Pershing Square Capital, reflects on the success of the fund he has spent over a decade building. Since its inception in 2004, Pershing Square's assets under management had grown from $500 million to well over $18 billion. Ackman is now considering a sizable new portfolio position and must decide how he should raise capital to undertake this new investment. This choice is ...Starting at €8.20
-
Kerr-McGee, Teaching Note
Greenwood, RobinTeaching Note HBS-208135-EFinanceTeaching Note for [207020].Starting at €0.00
-
Livedoor, Teaching Note
Greenwood, RobinTeaching Note HBS-209025-EFinanceTeaching Note for 206138.Starting at €0.00
-
TravelCenters of America
Greenwood, Robin; Goldberg, Daniel; Quinn, JamesCase HBS-209030-EFinanceA New York-based hedge fund must decide whether to invest in TravelCenters of America (TA), a recent spin-off from a U.S.-based real estate investment trust. The case confronts students with the question: To what extent is this spin-off opportunity attractive from a value-investing standpoint? Historically, spin-offs have been attractive investments because of supply-demand dynamics associated with their investor base. The case is an opportunity ...Starting at €8.20
-
MyTime (Spanish Version)
Begenau, Juliane; Greenwood, RobinCase HBS-217S10FinanceEthan Anderson, el director general de MiHora empresa de comercio electrónico basada en San Francisco, debe decidir sobre la estrategia de crecimiento de la compañía. El primer producto de MiHora era un sitio web y aplicación móvil que ofrece a los consumidores una manera conveniente de reservar citas con los comerciantes locales en todo Estados Unidos. El estudiante debe evaluar la estrategia de crecimiento de la compañía y desarrollar un modelo...Starting at €8.20
-
Management LP in 2008, 130/30 Funds, and a Low-Volatility Strategy, Teaching Note
Greenwood, Robin; Viceira, Luis M.Teaching Note HBS-211079-EFinanceTeaching Note for 209-047.Starting at €0.00
-
H Partners and Six Flags (B)
Greenwood, Robin; Gorzynski, MichaelCase HBS-211096-EFinanceRehan Jaffer, the founder of hedge fund H Partners, is considering what to do with his investment in Six Flags. H Partners had invested a significant amount of the firm's capital in the senior bonds of U.S.-based Six Flags, following that company's bankruptcy filing.Starting at €5.74
-
H Partners and Six Flags, Teaching Note
Greenwood, Robin; Messina, Julie; Dourdeville, JaredTeaching Note HBS-213122-EFinanceTeaching Note for 211090 and 211096.Starting at €0.00