Dr Paul Lavery

  • Lecturer in Finance (Accounting & Finance)

Biography

Paul joined the Adam Smith Business School in 2020 as a Lecturer in Finance. He previously worked in an investment bank and has worked with a UK private equity investor. His primary research interests are in the area of private equity and venture capital investment. His work has been published in journals including the Journal of Corporate FinanceBritish Journal of Management and the Bank for International Settlements Working Paper Series. His research has also been featured on several media & policy outlets including Financial TimesInstitutional Investor and SUERF.

He is a research affiliate at the Centre for Private Equity and MBO Research (CMBOR) at the University of Nottingham, and at the UK Productivity Institute. He currently serves as the chair of the Research Advisory Committee at the UK Private Equity trade organisation, the British Private Equity & Venture Capital Association (BVCA).

Paul's published and ongoing research can be found below, and on his SSRN page

Research interests

Paul is a member of the School's Finance research cluster.

Areas of expertise:

  • Private equity
  • Venture capital

 

 

 

 

Publications

List by: Type | Date

Jump to: 2024 | 2023 | 2021
Number of items: 9.

2024

Lavery, P. , Spaliara, M.-E. and Goerg, H. (2024) Private equity buyouts & firm exporting in crisis periods: Exploring a new channel. Journal of Corporate Finance, 89, 102686. (doi: 10.1016/j.jcorpfin.2024.102686)

Lavery, P. and Wilson, N. (2024) The performance of private equity portfolio companies during the COVID-19 pandemic. Journal of Corporate Finance, 89, 102641. (doi: 10.1016/j.jcorpfin.2024.102641)

Lavery, P. , Serena, J.-M., Spaliara, M.-E. and Tsoukas, S. (2024) Private equity buyouts and exports: the impact of Brexit on UK firms. British Journal of Management, 35(1), pp. 364-377. (doi: 10.1111/1467-8551.12716)

Lavery, P. , Tsoukalas, J. and Wilson, N. (2024) Private equity financing & firm productivity, Working Paper No. 041. Working Paper. The Productivity Institute.

2023

Wilson, N. and Lavery, P. (2023) The impact of private equity on exporting activity. In: Hammer, B. and Cumming, D. (eds.) Palgrave Encyclopedia of Private Equity. Palgrave. ISBN 9783030387389 (doi: 10.1007/978-3-030-38738-9_28-1)

Lavery, P. , Spaliara, M.-E. and Tsoukas, S. (2023) Bank capital requirements and the impact on private equity. In: Hammer, B. and Cumming, D. (eds.) The Palgrave Encyclopedia of Private Equity. Palgrave Macmillan: Cham. ISBN 9783030387389 (doi: 10.1007/978-3-030-38738-9_64-1)

Lavery, P. , Spaliara, M.-E. and Tsoukas, S. (2023) Private equity and bank capital requirements: evidence from European firms. British Journal of Management, 34(1), pp. 390-409. (doi: 10.1111/1467-8551.12593)

2021

Lavery, P. , Serena, J.-M., Spaliara, M.-E. and Tsoukas, S. (2021) Private equity buyouts and firm exports: evidence from UK firms. Project Report. SUERF.

Lavery, P. , Serena, J.-M., Spaliara, M.-E. and Tsoukas, S. (2021) Private equity buyouts and firm exports: evidence from UK firms. Working Paper. Bank for International Settlements.

This list was generated on Thu Nov 21 08:01:52 2024 GMT.
Number of items: 9.

Articles

Lavery, P. , Spaliara, M.-E. and Goerg, H. (2024) Private equity buyouts & firm exporting in crisis periods: Exploring a new channel. Journal of Corporate Finance, 89, 102686. (doi: 10.1016/j.jcorpfin.2024.102686)

Lavery, P. and Wilson, N. (2024) The performance of private equity portfolio companies during the COVID-19 pandemic. Journal of Corporate Finance, 89, 102641. (doi: 10.1016/j.jcorpfin.2024.102641)

Lavery, P. , Serena, J.-M., Spaliara, M.-E. and Tsoukas, S. (2024) Private equity buyouts and exports: the impact of Brexit on UK firms. British Journal of Management, 35(1), pp. 364-377. (doi: 10.1111/1467-8551.12716)

Lavery, P. , Spaliara, M.-E. and Tsoukas, S. (2023) Private equity and bank capital requirements: evidence from European firms. British Journal of Management, 34(1), pp. 390-409. (doi: 10.1111/1467-8551.12593)

Book Sections

Wilson, N. and Lavery, P. (2023) The impact of private equity on exporting activity. In: Hammer, B. and Cumming, D. (eds.) Palgrave Encyclopedia of Private Equity. Palgrave. ISBN 9783030387389 (doi: 10.1007/978-3-030-38738-9_28-1)

Lavery, P. , Spaliara, M.-E. and Tsoukas, S. (2023) Bank capital requirements and the impact on private equity. In: Hammer, B. and Cumming, D. (eds.) The Palgrave Encyclopedia of Private Equity. Palgrave Macmillan: Cham. ISBN 9783030387389 (doi: 10.1007/978-3-030-38738-9_64-1)

Research Reports or Papers

Lavery, P. , Tsoukalas, J. and Wilson, N. (2024) Private equity financing & firm productivity, Working Paper No. 041. Working Paper. The Productivity Institute.

Lavery, P. , Serena, J.-M., Spaliara, M.-E. and Tsoukas, S. (2021) Private equity buyouts and firm exports: evidence from UK firms. Project Report. SUERF.

Lavery, P. , Serena, J.-M., Spaliara, M.-E. and Tsoukas, S. (2021) Private equity buyouts and firm exports: evidence from UK firms. Working Paper. Bank for International Settlements.

This list was generated on Thu Nov 21 08:01:52 2024 GMT.

Supervision

Supervisory interests

  • Private equity
  • Management buyouts
  • Venture capital
  • Empirical corporate finance with a focus on corporate transactions or firm-level outcomes

 

Teaching

Current teaching

  • Private Equity & Venture Capital (UG)
  • Finance Case Study (UG)

Additional information

Links

 

Work in progress

  • Buying High? Private equity buyout pricing, returns, and portfolio firm performance across UK regions (with Kevin Amess & Marina-Eliza Spaliara)
  • Private equity & portfolio firm performance post-exit (with Nick Wilson)
  • Growth equity and target firm performance (with Bill Megginson and Alina Munteanu)