Alexander Ljungqvist is a Swedish economist, educator, scholar, writer, and speaker. He is a professor of finance at the Stockholm School of Economics, where he is the inaugural holder of the Stefan Persson Family Chair in Entrepreneurial Finance. His areas of expertise include

corporate finance Corporate finance is the area of finance that deals with the sources of funding, the capital structure of corporations, the actions that managers take to increase the Value investing, value of the firm to the shareholders, and the tools and anal ...

investment banking Investment banking pertains to certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated wit ...

initial public offerings An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

, entrepreneurial finance,

private equity In the field of finance, the term private equity (PE) refers to investment funds, usually limited partnerships (LP), which buy and restructure financially weak companies that produce goods and provide services. A private-equity fund is both a ty ...

venture capital Venture capital (often abbreviated as VC) is a form of private equity financing that is provided by venture capital firms or funds to startups, early-stage, and emerging companies that have been deemed to have high growth potential or which ha ...

corporate governance Corporate governance is defined, described or delineated in diverse ways, depending on the writer's purpose. Writers focused on a disciplinary interest or context (such as accounting, finance, law, or management) often adopt narrow definitions th ...

, and

asset pricing In financial economics, asset pricing refers to a formal treatment and development of two main Price, pricing principles, outlined below, together with the resultant models. There have been many models developed for different situations, but cor ...

. Professor Ljungqvist teaches Master's, MBA, and executive courses in private equity and venture capital and a

PhD PHD or PhD may refer to: * Doctor of Philosophy (PhD), an academic qualification Entertainment * '' PhD: Phantasy Degree'', a Korean comic series * ''Piled Higher and Deeper'', a web comic * Ph.D. (band), a 1980s British group ** Ph.D. (Ph.D. albu ...

course in corporate finance.Alexander Ljungqvist's profile at NYU Stern School of Business
Alexander Ljungqvist's Biography
/ref>

Biography

Ljungqvist received an MSc in economics and business from

Lund University , motto = Ad utrumque , mottoeng = Prepared for both , established = , type = Public research university , budget = SEK 9 billion Nuffield College Nuffield College () is one of the constituent colleges of the University of Oxford in England. It is a graduate college and specialises in the social sciences, particularly economics, politics and sociology. Nuffield is one of Oxford's newer co ...

Oxford University Oxford () is a city in England. It is the county town and only city of Oxfordshire. In 2020, its population was estimated at 151,584. It is north-west of London, south-east of Birmingham and north-east of Bristol. The city is home to the ...

. After teaching for five years at Oxford University's Said Business School and

Merton College Merton College (in full: The House or College of Scholars of Merton in the University of Oxford) is one of the constituent colleges of the University of Oxford in England. Its foundation can be traced back to the 1260s when Walter de Merton, ch ...

, where he held the Bankers Trust Fellowship, Ljungqvist joined

New York University New York University (NYU) is a private research university in New York City. Chartered in 1831 by the New York State Legislature, NYU was founded by a group of New Yorkers led by then-Secretary of the Treasury Albert Gallatin. In 1832, the ...

Stern School of Business The New York University Leonard N. Stern School of Business (commonly referred to as NYU Stern, The Stern School of Business, or simply Stern) is the business school of New York University, a private research university based in New York City. I ...

in 2000, received tenure in 2005, became a full professor in 2007, and was appointed to the Ira Rennert Chair in Finance and Entrepreneurship in 2009. Between 2014 and 2018, Ljungqvist served as the Sidney Homer Director of NYU's Salomon Center. He was previously director of research of NYU's Berkley Center for Entrepreneurial Studies. He left NYU in 2018 to join SSE.SSE press release
/ref> He has held visiting appointments at

Harvard Business School Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA p ...

, Northwestern University's

Kellogg School of Management The Kellogg School of Management at Northwestern University (also known as Kellogg) is the business school of Northwestern University, a private research university in Evanston, Illinois. Founded in 1908, Kellogg is one of the oldest and most p ...

, London Business School, the

University of Sydney The University of Sydney (USYD), also known as Sydney University, or informally Sydney Uni, is a public research university located in Sydney, Australia. Founded in 1850, it is the oldest university in Australia and is one of the country's si ...

, Tokyo University, National University of Singapore, and

Cambridge University , mottoeng = Literal: From here, light and sacred draughts. Non literal: From this place, we gain enlightenment and precious knowledge. , established = , other_name = The Chancellor, Masters and Schola ...

, where he held the Sir Evelyn de Rothschild Fellowship. From 2008 to 2014, Ljungqvist served as editor of the ''

Review of Financial Studies ''The Review of Financial Studies'' is a peer-reviewed academic journal covering the field of finance. It is published by Oxford University Press on behalf of the Society for Financial Studies. It was established following discussions at the 19 ...

'', one of the leading scholarly journal in financial economics.Google's ranking of finance journals
/ref> He is also a research fellow of the

Centre for Economic Policy Research The Centre for Economic Policy Research (CEPR) is an independent, non‐partisan, pan‐European non‐profit organisation. Its mission is to enhance the quality of policy decisions through providing policy‐relevant research, based soundly in e ...

in London,CEPR Directory
/ref> a founder and senior academic fellow of the Asian Bureau of Financial and Economic Research in Singapore,ABFER Directory
a fellow of the Research Institute of Industrial Economics in Stockholm (IFN),IFN Directory
/ref> a member of the European Corporate Governance Institute in Brussels (ECGI),ECGI Directory
/ref> and a co-founder of the Nordic Initiative for Corporate Economics (NICE).NICE Directory
/ref> Prior to his return to Europe in 2018, he was a research associate of the National Bureau of Economic Research in Cambridge, Massachusetts.NBER Directory
/ref>

Business experience

Ljungqvist currently serves on the board of directors of the Sixth Swedish National Pension Fund (AP6), which as of 2021 manages SEK 68.6 billion of assets invested in private equity and venture capital funds and unlisted companies on behalf of the Swedish public pension system.AP6 Annual Report 2022
/ref> He has previously served as a securities market regulator via the

Nasdaq The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...

Listing Council (2011-2017), on the

World Economic Forum The World Economic Forum (WEF) is an international non-governmental and lobbying organisation based in Cologny, canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer and economist Klaus Schwab. The foundation, ...

's Council of Experts overseeing the "Alternative Investments 2020" project (2012-2015), on a

working group tasked with "Rethinking financial innovation" (2011-2012), on the UK Department for Business Panel of Experts overseeing the 2014 review of the UK equity markets on behalf of the then Secretary of State for Business, the Rt. Hon.

Sir Vince Cable Sir John Vincent Cable (born 9 May 1943) is a British politician who was Leader of the Liberal Democrats from 2017 to 2019. He was Member of Parliament (United Kingdom), Member of Parliament (MP) for Twickenham (UK Parliament constituency), Twic ...

(2013-2014), on the supervisory board of mAbxience SA, a European biosimilars company (2014-2016), and on the board of the Stockholm School of Economics (2018-2020). In the 2000s, he designed alternative investment strategies for

Deutsche Bank Securities Deutsche Bank AG (), sometimes referred to simply as Deutsche, is a German multinational Investment banking, investment bank and financial services company headquartered in Frankfurt, Frankfurt, Germany, and dual-listed on the Frankfurt Stock ...

on Wall Street. Between 1995 and 2000, he was a senior consultant with OXERA Ltd where he advised corporate clients on questions of

regulatory economics Regulatory economics is the economics of regulation. It is the application of law by government or regulatory agencies for various purposes, including remedying market failure, protecting the environment and economic management. Regulation Regu ...

and corporate strategy. He has consulted for the

European Central Bank The European Central Bank (ECB) is the prime component of the monetary Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's Big Four (banking)#Intern ...

, the

World Bank The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the Interna ...

, Catalano Gallardo & Petropoulos LLP, British Gas, Transco,

British Telecom BT Group plc (trade name, trading as BT and formerly British Telecom) is a British Multinational corporation, multinational telecommunications holding company headquartered in London, England. It has operations in around 180 countries and is th ...

, United Utilities,

Stagecoach A stagecoach is a four-wheeled public transport coach used to carry paying passengers and light packages on journeys long enough to need a change of horses. It is strongly sprung and generally drawn by four horses although some versions are draw ...

, Severn Trent, Tradepoint plc, Australian Gas,

Telstra Telstra Group Limited is an Australian telecommunications company that builds and operates telecommunications networks and markets voice, mobile, internet access, pay television and other products and services. It is a member of the S&P/ASX 20 ...

, among others.

Honors and awards

In 2019, Dr. Ljungqvist was appointed a Wallenberg Scholar by the

Knut and Alice Wallenberg Foundation Knut and Alice Wallenberg Foundation (KAW) ( sv, Knut och Alice Wallenbergs Stiftelse) is a Swedish public and private foundation formed in 1917 by Knut Agathon Wallenberg and his wife Alice Wallenberg. It was created to support research in the n ...

,Wallenberg press release
/ref> only the second economist to be awarded this honor.Wallenberg Scholars Directory
/ref> In 2011, he was honored with the Ewing Marion Kauffman Prize Medal for his work in entrepreneurship.Kauffman Foundation
/ref> Other honors and awards include the following: *2023 - MSc Teacher of the Year Award, Stockholm School of Economics *2021 - EMBA Teacher of the Year Award, Stockholm School of Economics *2019 - UNSW Business School Distinguished Scholar Award *2018 - Stefan Persson Family Chair in Entrepreneurial Finance *2016 - Nominated for "Professor of the Year" Award, NYU *2016 - Award for the Best Paper in Accounting, MIT Asia Conference *2015 - Mitsui Distinguished Visiting Scholar, University of Michigan *2015 - Johan & Jakob Söderberg Visiting Professor, Swedish House of Finance at the Stockholm School of Economics *2014 - Emerald Citations of Excellence Award *2014 - 27th AFBC BlackRock Prize *2014 - Award for the Best Paper in Asset Pricing, SFS Cavalcade *2014 - Charles River Associates Award for the Best Paper on Corporate Finance, WFA *2014 - Fung Visiting Professor, Hong Kong University of Science and Technology *2014 - IAS Visiting Professor, Jockey Club Institute for Advanced Study, Hong Kong *2013 - Founding Senior Academic Fellow, Asian Bureau of Finance and Economic Research *2013 - Rising Star of Finance Award *2013 - Glucksman Award, NYU *2012 - Honorary Conference Chair, Asian Finance Association meetings, Taipei *2011 - Ewing Marion Kauffman Prize Medal for Distinguished Research in Entrepreneurship *2011 - Research Associate, NBER *2011 - Emerald Citations of Excellence Award *2011 - Sir Evelyn de Rothschild Fellow, Cambridge University *2010 - Sir Evelyn de Rothschild Fellow, Cambridge University *2009 - Ira Rennert Endowed Chair in Finance and Entrepreneurship, NYU *2009 - Argentum Best Paper Prize, European Finance Association meetings, Bergen *2009 - Teaching Excellence Award, NYU *2009 - Sir Evelyn de Rothschild Fellow, Cambridge University *2008 - Glucksman Award, NYU *2008 - Best Paper Award in Financial Markets, FMA meetings, Dallas *2007 - Research Professor of Finance, NYU *2007 - Barclays Global Investors Prize for Best Paper, Sydney *2007 - Glucksman Award, NYU *2007 - FIRN Visitor, Australia *2005 - Nominated for "Professor of the Year" Award, NYU *2005 - Research Fellow, CEPR *2004 - Charles Schaefer Faculty Fellow, NYU *2003 - Charles Schaefer Faculty Fellow, NYU *2003 - Glucksman Award, NYU *2002 - CDC Award for Best Paper, NYU *2002 - Glucksman Award, NYU *1998 - Oxford University "Best MBA Elective Teacher" Award *1996 - Bankers Trust Fellow, Merton College, Oxford *1995 - Research Affiliate, CEPRAlexander Ljungqvist's CV

Keynotes and invited lectures

*2023 - Keynote speaker, Taiwan Spring Symposium on Finance *2019 - Keynote speaker, Lund University *2019 - Keynote speaker, Swedish National PhD Workshop in Finance, Stockholm *2019 - Keynote speaker, Taiwan Finance Association, Taipei *2019 - Invited speaker, Tsinghua University, Beijing *2018 - Keynote speaker, Nippon Finance Association/Unison Capital Private Equity Forum, Tokyo *2018 - Keynote speaker, Asian Finance Association meetings, Tokyo *2018 - Keynote speaker, German Finance Association meetings, Trier *2018 - Keynote speaker, European Capital Markets Institute annual conference, Brussels *2018 - Invited lecture, Econometric Society meetings, Shanghai *2017 - Invited speaker, Asian FMA Conference, Taipei *2017 - Invited speaker, 6th Annual Corporate Finance Conference, Exeter *2016 - Inaugural Henry Grunfeld Lecture, Chartered Institute of Bankers/Institute of Financial Services, London *2016 - Keynote speaker, 29th Australasian Finance and Banking conference, Sydney *2016 - Keynote speaker, Knut Wicksell Centre for Financial Studies, Lund *2015 - Dean's Lecture, City University London *2014 - Distinguished Public Lecture, Jockey Club Institute for Advanced Study, Hong Kong *2014 - Keynote speaker, Frontiers in Finance Conference, Warwick *2014 - Invited speaker, Asian FMA Conference, Tokyo *2014 - Invited speaker, Finance Symposium, Hong Kong University of Science and Technology *2014 - Invited speaker, Corporate Finance Conference, University of Minnesota *2012 - Keynote speaker, Coller Institute's Private Equity Findings Symposium, London *2012 - Keynote speaker, Singapore International Finance Conference *2012 - Opening keynote, Asian Finance Association meetings, Taipei *2012 - Dean's Distinguished Lecture, The Hong Kong Polytechnic University *2011 - Keynote speaker, Asian Finance Association meetings, Macau *2011 - Keynote speaker, Kauffman Foundation Symposium, Denver *2011 - Keynote speaker, Finance & Accounting Forum, Brisbane *2011 - Keynote speaker, New Year's Conference, WHU Otto Beisheim School of Management *2011 - Distinguished Lecture, NYUAD Institute, Abu Dhabi *2010 - Inaugural Sir Evelyn de Rothschild Lecture, Cambridge University *2010 - Keynote speaker, EFM Symposium on Entrepreneurial Finance & Venture Capital Markets, Montreal *2009 - Keynote speaker, Asian Finance Association meetings, Brisbane *2009 - Keynote speaker, XVII Foro de Finanzas, Spanish Finance Association (AEFIN) annual meetings, Madrid *2005 - Keynote speaker, Canadian Investment Review (CIR) Conference on Alternative Investments, Monticello

Significant scholarships

*1994 - Nuffield College Third Year Scholarship, Oxford *1994 - ESRC Research Award (for studies at Oxford) *1993 - Dr. Marcus Wallenberg Scholarship (for studies at Oxford) *1993 - Citibank Scholarship (for studies at Oxford) *1993 - Royal Bank of Canada Award *1992 - ESRC Studentship (declined) *1992 - Dr. Marcus Wallenberg Scholarship (for studies at Oxford) *1992 - Citibank Scholarship (for studies at Oxford) *1991 - Jubilee Prize of the Lund Academic Society*1990 - Dr. Marcus Wallenberg Scholarship (for studies at Oxford) *1990 - Erik Nylander Scholarship (for studies at Lund University) *1989 - Michael Hansen College Scholarship (for studies at Lund University) *1989 - Erik Nylander Scholarship (for studies at Lund University)

Publications

Professor Ljungqvist has written more than forty articles, monographs, and working papers. He has published articles in leading scholarly journals, including the '' Journal of Finance'', the ''

'', and the '' Journal of Financial Economics''.Alexander Ljungqvist's Publications
/ref> * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

References

External links

NYU Stern ProfileAlexander Ljungqvist's BiographyOxford University PressEntry in Who's Who
{{DEFAULTSORT:Ljungqvist, Alexander Swedish emigrants to the United States New York University Stern School of Business faculty Alumni of Nuffield College, Oxford Swedish scholars and academics Living people Academics of the University of Cambridge Academics of London Business School Fellows of Merton College, Oxford Lund University alumni Year of birth missing (living people)