F318
Mike Harmon
2022
Financial restructuring for a distressed firm and its significant counterparties is the process of “recontracting.” This involves significantly altering, replacing, or terminating key financial contracts for the purpose of rehabilitation. Most of these…
F317A
Mike Harmon, Claudia Robles-Garcia
2020
This case explores the use of advanced out-of-court restructuring techniques from the perspective of a company facing looming debt maturities and an overleveraged capital structure. The decade that followed the global financial crisis was characterized…
SI146
Charles Ewald, Heidi Krauel Patel, Jaclyn Foroughi
2018
In the fall of 2017, Beneficial State Bank, a triple bottom line community development bank serving areas of California, Oregon, and Washington, had completed its fourth successive year of normalized profitability while continuing to fulfill its mission…
F313
William F. Meehan, Ali Gara
2016
This case explores the International Finance Corporation’s (IFC) creative and effective use of the private equity business model as a tool to mobilize financing for economic development around the world. In its bid to provide more capital for private…
F311
Mark Hartmann, William F. Meehan, Meaghan Conway
2015
This case assesses Actis’ optimal exit route for Umeme, a Ugandan electricity distribution company in their investment portfolio. Actis, a private equity firm that invests exclusively in Africa, Asia, and Latin America, had spent seven years substantially…
F309
Ilya A. Strebulaev, Jaclyn Foroughi, Theresia Gouw
2014
In mid-2011, as global markets corrected amid worldwide economic uncertainty, Drew Houston, co-founder and CEO of Dropbox, the fast-growing file synchronization and sharing company, found himself in a difficult, albeit enviable, situation. Houston, who…
E509
John Glynn, Tim Hsia
2014
The case provides an overview and history of women in venture capital. The case examines the lack of funding that female entrepreneurs have had in the past. The case focuses on 4 women at venture capital firms: Sharon Wienbar (Scale VP), Joyce Chung…
F279
Michael Kennedy, Debra McCoy, William Meehan III, Sheila Melvin, Paul Pfleiderer
2013
This case describes the formation and operation of Leopard Capital, a “Frontier Market Private Equity Fund” from its establishment in 2007 up through the end of 2012. The case focuses on the fund’s founder, Douglas Clayton, and his history doing business…
E450
Peter B. Kelly, Lacey Wismer
2013
The Vestige Capital case follows a search fund team comprised of two 2009 Stanford GSB alumni as they decide to raise a search fund in Mexico, procure search capital from U.S. and Mexican investors, and source deals over the ensuing two years. The case…
F283
William Meehan, Paul Pfleiderer, Sheila Melvin, Debra McCoy
2013
Zephyr Management was founded in 1994 with the goal of specializing in emerging markets, both in marketable securities and private equity. Having decided to expand in Asia, it chose India as the best location for a global PE firm with its skill sets and…
E473
Shai Bernstein, Arthur Korteweg, Sara Rosenthal
2013
It was the spring of 2010 and Cindy Padnos had just been named to Fast Company’s list of “The Most Influential Women in Technology in 2010.” Cindy had worked in the venture capital (VC) space for over a decade, launching her own firm, Illuminate Ventures…
E444
Ilya Strebulaev, Theresia Gouw Ranzetta, David Hoyt
2013
This note describes the tasks that fill the working day of a venture capitalist. Those functions involved in investing (deal sourcing, due diligence, and related tasks) often receive the most attention from students. However, interviews with experienced…
F288
William Meehan III, Paul Pfleiderer, Michael Kennedy, Debra McCoy
2013
This case describes the history of the International Finance Corporation’s Private Equity Investment Funds Group, which invests the IFC’s capital in private equity funds located in Emerging and Frontier Market countries. The IFC began investing in…
F307
George Parker, Alan Rappaport, Jaclyn Foroughi
2013
Rina Castillo lived the American Dream. A recent graduate of the Stanford School of
Engineering, she was the first in her family not only to leave her native Mexico but also to attend and graduate from a university. While at Stanford, Castillo received a…
F306A
George Parker, Alan Rappaport, Jaclyn Foroughi, Vanessa Lide
2013
Paul Schroder had recently celebrated his sixty-eighth birthday and was beginning to feel his age. While he recognized that there were many good years ahead, he also realized that it was not too early to begin to think seriously about his retirement and…
F306B
George Parker, Alan Rappaport, Jaclyn Foroughi
2013
Having identified his “needs and dreams,” Paul Schroder had to figure out what to do next.
Putting emotions aside, he needed to identify the best options to come up with the required amounts of liquidity at the right times.
As Schroder thought through…
F285
Michael Kennedy, Debra McCoy, William Meehan III, Paul Pfleiderer
2013
The Global Environment Fund (GEF) is a private equity fund focused on investments in environmental and energy solutions in both developed and developing markets. The fund is currently examining the strategy of one of its portfolio companies–NEOgás, a…
F308
George Parker, Alan Rappaport, Jaclyn Foroughi
2013
Richard Lund had reached an important crossroads in his life. At age 65, Lund had had a great deal of success—and amassed much wealth—but he needed to devise a plan for the future. Namely, he needed to figure out what to do with the wealth of which he was…
E442
Arar Han, Ilya A. Strebulaev
2012
Angel investment in new technology firms has grown in prominence and popularity in the 21st century, particularly in the Silicon Valley. This case reviews the landscape of angel investors, describes the decision making process of an angel consortium…
E440
Arar Han, Ilya A. Strebulaev
2012
The world of early-stage financing has undergone many changes over the years. In this note, we first document the historical roots of early-stage investors, and describe important milestones along the developmental path. We then describe the types of…
