The new global ”Doriot Award for the Best Private Equity Research Paper” was established within this 2021 conference. The Award Jury is comprised of a global elite of private equity researchers from, e.g. Harvard Business School, HHL, INSEAD, MIT and Stockholm School of Economics.

• Searched for academic publications in highly ranked peer reviewed journals (A or A+ ranking) on the topics of “Private Equity” and “Venture Capital”
• In total 60 journals with several volumes and issues in 2019 and 2020
• Creation of a long-list containing 75 articles from 19 different journals
• Selection of 10 papers- nominees
• Two voting rounds

The members of the Doriot Award Jury are Spencer Ante, FTI Consulting (Doriot Biographer: “Creative Capital”, Harvard Business School Press), Professor Lily Fang, Ph.D. INSEAD, Jeremy Golding, Golding Capital, Dr. Benjamin Hammer, Lancaster University/HHL Leipzig Graduate School of Business (Head), Professor Victoria Ivashina, Ph.D., Harvard Business School, Dr. Thomas A. Jesch, bii, Yup S. Kim, CalPERS Private Equity, Michael McGirr, MassPRIM, Dr. Peter Nussbaum, Milbank, Professor Antoinette Schoar, Ph.D., MIT Sloan, Per Strömberg, Ph.D., SSE Centennial Professor of Finance and Private Equity at the Stockholm School of Economics and Dr. Axel Wieandt, Adjunct Professor of Finance, JL Kellogg Graduate School of Management, Northwestern University.

The winning paper is How Do Venture Capitalists Make Decisions? as published in the Journal of Financial Economics, Volume 135, Issue 1, January 2020, Pages 169-190. The winning authors are Paul A. Gompers, Harvard Business School, Will Gornall, UBC Sauder, Steven N. Kaplan, Chicago Booth, and Ilya A. Strebulaev, Stanford GSB.