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Describes an Excel spreadsheet workbook that facilitates the analysis of PsiVest Capital.

A venture capital/private equity fund is preparing to negotiate with the two parties in a prospective PCS joint venture: the entrepreneur and AT&T Wireless. The negotiation will decide how equity and control are shared in the venture.

Yale University's investment office was responsible for managing its endowment, which totaled nearly $4 billion in June 1995. Yale had developed a rather different approach to endowment management, including substantial investments in "less efficient" equity markets such as private equity, real estate, and "absolute return" investments. The investment office was now considering devoting even more of their assets to these markets.

Spreadsheet Supplement for case 295024

Harvard University decides upon the asset allocation for its endowment, and the mode in which it should be managed.

A small California-based money manager is now offering specialty products for institutional investors based upon recent financial research findings.

Spreadsheet Supplement for case 294025.

A large mutual fund complex decides on its future product line.

Deals with the general mission and strategy of a large mutual fund complex.

Describes how commodity futures work, what products and exchanges are available, and who the players in the commodity markets are. Also presents a careful discussion of the pricing of futures in commodity markets, focusing on cost of carry and risk premium approaches, and explaining backwardation and contango markets.

Describes a new investment which is linked to an index of commmodity futures prices. Explores how the index is constructed, how commodity futures (as opposed to other futures and spot prices) behave, and what the portfolio impacts of such an investment might be.

Spreadsheet Supplement for case 291045.

Examines California Public Employees Retirement System (CalPERS), the world's fourth largest pension fund. Dale Hanson, CEO of CalPERS, has a problem; how does he use CalPERS' influence as the holder of a small percentage of 1,300 American companies to put pressure on corporate America to achieve better returns for shareholders? The case discusses the constraints which confront CalPERS as a quasi-state agency and describes their efforts to improve corporate governance to date.

A U.S. manufacturing organization and a Eurobank swap fixed and floating rate obligations to reduce their financing costs.