Research Summary
Research Summary
Agency Conflicts in Private Equity Transactions
Description
Professor El-Hage has led the development of the Elective Curriculum course, Private Equity Finance. in this course, El-Hage studies private equity transactions, with particualr focus on agency conflicts in this business that prides itself on "alignment of interests." And while PE does endeavor to align interests between the private equity investor - the general partner - and the portfolio company, El-Hage finds that conflicts abound throughout the PE value chain, in particular between the GP and the fund's investors, the limited partners.