Ulf Axelson

Abraaj Group Professor of Finance and Private Equity

Research interests

• Corporate Finance
• Corporate Governance
• Private Equity
• Financial Innovation and Security Design

Selected papers

• "Borrow Cheap, Buy High? Determinants of Leverage and Pricing in Buyouts" with Tim Jenkinson, Per Strömberg, and Michael Weisbach, Journal of Finance 2013; 68 (6) pp. 2223–2267
  (a previous version of this paper was circulated under the title "Leverage and Pricing in Buyouts: An Empirical Analysis")

• "Why are Buyouts Levered? The Financial Structure of Private Equity Firms," with Per Strömberg and Michael Weisbach, Journal of Finance 64:4, August 2009, pp. 1549-1582
  (Winner of the Brattle Group Prize for the best corporate finance paper published in the Journal of Finance)

• "Liquidity and Manipulation of Executive Compensation Schemes," with Sandeep Baliga, Review of Financial Studies 2009: 22, pp. 3907-3939

• "Security Design With Investor Private Information," Journal of Finance 62:6, December 2007, pp. 2587-2632
  (Finalist for the Brattle Group Prize for the best corporate finance paper published in the Journal of Finance)

• "Wall Street occupations: An equilibrium theory of overpaid jobs" with Philip Bond (a previous version of this paper was circulated under the title "Investment banking careers") (Working paper)

• "Bundling, Rationing, and Dispersion Strategies in Private and Common Value Auctions" (Working paper)

• "The Dynamics of Financial Innovation and the Industrial Organization of Risk-sharing Markets" (Working paper)

Teaching

• Office Hours (internal LSE access only)

Lectures/classes 

• FM410 Private Equity
  Current students click here for course information

• FM414 Cases in Corporate Finance
  Current students click here for course information 

Other webpages

• Professor Ulf Axelson's personal webpage