The legal rules governing business transactions place great confidence in the ability of
contracting parties to bargain effectively. Contract law, for example, is built on the …

ABSTRACT A standard feature of the private equity industry," side letters" are confidential
agreements between the sponsor and individual investors that give the latter special rights …

Many scholars have criticized the bargaining outcomes in private equity funds.'Over the
years, academic critics have referred to private equity funds as an" incubator for agency …

Private equity's biggest backers are public pension plans. Sometimes held up as an elite
private contracting setting,'the $4.5 trillion private equity industry2 is actually funded in …

This project explores side letters in private market funds. Side letters, separate agreements
between a fund and an investor, act as an invisible amendment to the main contract. This …

Shareholders lost billions of dollars in one of the bitterest corporate battles of the past
decade: Dell Inc.'s 2013 going private in a cash-out merger.'Founder and majority …

Several recent works have sharply criticized public pension funds and labor union funds ("
labor's capital"). These critiques come from both the left and right. Leftists criticize labor's …

On a chilly November evening in 1988, the" barbarians" finally breached the gates of RJR
Nabisco, the American manufacturing conglomerate. After a bitter struggle, the private equity …

Recent regulatory developments in the United States have forced a reckoning with the
following question: How much do we really know about the general partner-limited partner …

Over the last two decades the increased accessibility of vast amounts of data and
advancements in computational techniques and resources have fueled what some call a" …