Iris Running Crane: December 2009

Posted: 16 Feb 2012

See all articles by Matthew Rhodes-Kropf

Matthew Rhodes-Kropf

Harvard Business School - Entrepreneurial Management Unit; National Bureau of Economic Research (NBER)

Josh Lerner

Harvard Business School - Finance Unit; Harvard University - Entrepreneurial Management Unit; National Bureau of Economic Research (NBER); European Corporate Governance Institute (ECGI); Harvard University - Private Capital Research Institute

Ann Leamon

Harvard Business School - Finance Unit

Date Written: February 4, 2011

Abstract

Iris Running Crane, an MBA candidate, must choose among three different job offers in private equity. One is with a top-tier megafund buyout operation; the second with a geographically focused mid-market fund; and the third with a one-time top-tier fund that is trying to reposition itself as a turnaround expert, starting with its own portfolio. Iris must consider the advantages and drawbacks of each position, and how each will help her achieve her personal goals.

Learning Objective: To introduce students to the basic concepts, compensation metrics, and dynamics of the private equity industry.

Suggested Citation

Rhodes-Kropf, Matthew and Lerner, Josh and Leamon, Ann, Iris Running Crane: December 2009 (February 4, 2011). Harvard Business School Entrepreneurial Management Case No. 810-073, Available at SSRN: https://ssrn.com/abstract=2005367

Matthew Rhodes-Kropf (Contact Author)

Harvard Business School - Entrepreneurial Management Unit ( email )

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National Bureau of Economic Research (NBER) ( email )

1050 Massachusetts Avenue
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Josh Lerner

Harvard Business School - Finance Unit ( email )

Boston, MA 02163
United States
617-495-6065 (Phone)
617-496-7357 (Fax)

HOME PAGE: http://www.people.hbs.edu/jlerner/

Harvard University - Entrepreneurial Management Unit

Cambridge, MA 02163
United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

European Corporate Governance Institute (ECGI) ( email )

c/o the Royal Academies of Belgium
Rue Ducale 1 Hertogsstraat
1000 Brussels
Belgium

Harvard University - Private Capital Research Institute ( email )

114 Western Ave
Allston, MA 02134
United States

Ann Leamon

Harvard Business School - Finance Unit ( email )

Boston, MA 02163
United States
203-918-4492 (Phone)
781-237-6050 (Fax)

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