The Alternative Investments Initiative funds groundbreaking research produced by Wharton’s renowned faculty working closely with industry practitioners, alumni, and students. This research is integral to Wharton’s leadership in financial economics.

The Initiative funds research projects that advance knowledge in the field of alternative investments (the asset class that includes hedge funds, private equity funds, venture capital, distressed investing, and more).  This delivers strategic insights used by decision-makers pursuing excellence in financial investing. Topics selected for funding reflect the Initiative’s seven research priorities.

The Initiative’s research draws on the expertise of Wharton faculty across many business disciplines. As a result, projects are frequently cross-disciplinary in approach and scope. Our research agenda recognizes both market forces and regulatory changes, as well as the ongoing globalization of financial institutions and services.

Current research projects include:

  • Shareholder Activism
  • Fundraising and Due Diligence
  • Hedge Fund Compensation
  • Corporate Governance and Board Design
  • Optimal Contracts in PE and M&A
  • Do Public Firms invest differently from Private Firms?
  • Drilling and Debt
  • Fracking, Drilling and Asset Pricing

Ways of Working

The Initiative’s research is evolving due to close collaboration with alternative investment practitioners, industry leaders, public policymakers, and academia at Wharton and at other universities around the world. These individuals provide critically-important feedback needed to deliver usable results. Our analysis is founded on solid scholarship, but grounded in real-world insights.