Who We Are
The Harris Family Alternative Investments Program focuses on private equity, hedge funds, venture capital, and investment management. The Harris Program is a global hub for the development of cutting-edge research in alternative investments, which is integrated into the Wharton School’s curriculum, and presented in public forums. It is a program that furthers the exploration of the theory and the practice of investing in this asset class, bringing together practitioners, alumni, students, academics, and policymakers.
New Research Papers
Economic and Financial Policy Responses to the COVID-19 Pandemic: Review and Analysis
“One year ago, both the World Health Organization and the United States Secretary of Health and Human Services declared the outbreak of COVID-19 to be a public health emergency. Within weeks, confirmed cases were announced in Europe, Asia, and Latin America. Responses in the form of lockdowns, travel restrictions, widespread cancellation of events, facility and workplace closures, and agricultural disruption resulted in vast social and economic disruption. These disruptions led to stress and volatility in the financial markets and the largest global recession since the Great Depression.”
The Term Asset-Backed Securities Loan Facility: Opportunities for American Businesses
“On March 23, 2020, faced with a liquidity crisis caused by the coronavirus (COVID-19) global pandemic, the Federal Reserve established the Term Asset-Backed Securities Loan Facility (TALF), to support the flow of credit to consumers and small businesses. “
The Main Street Lending Program: Opportunities for American Businesses Part I: Leverage Limitations
“A key objective for both the Federal Reserve’s Main Street New Loan Facility and the Main Street Expanded Loan Facility should be to reach as many viable small- and medium- sized businesses as possible. Supporting viable small- and medium- sized businesses will not only sustain jobs, but also promote the medium- and longer- term recovery of the U.S. economy.”
The Main Street Lending Program: Opportunities for American Businesses Part II: Credit Risk Retention
“On April 30, 2020, the Federal Reserve announced changes to its Main Street Lending Program, to support small- and medium- sized businesses that were in sound financial condition before the onset of the COVID-19 pandemic.”
Guest Speakers & Lectures
Upcoming Events
Harris Family Alternative Investments Program
3620 Locust Walk
Steinberg-Dietrich Hall; Suite 2333
Philadelphia, PA 19104
+1 215 898 0084
trollen@wharton.upenn.edu