Nicholas Crain Email & Phone Number

Seattle, Wa, Us

New York, Ny, Us

Building dynamic optimization tools for commitment planning and portfolio optimization with alternative investments.

Melbourne, Victoria, Au

Pursued original research on private equity and venture capital markets, targeted at top-tier academic publications. For example, "The Bright Side of Fair Value Accounting: Evidence from Private Company Valuation" estimates the causal impact of fair value accounting reforms using a difference-in-difference estimator and a state-of-the-art asset pricing model for private equity assets. Taught valuation course and capstone cases course for the master of finance program.

Nashville, Tn, Us

Pursued applied research on private equity and venture capital markets using causal inference tools and asset pricing models tailored to private equity. For example, "The Levered Returns of Leveraged Buyouts: The Impact of Competition" demonstrates that easy credit amplifies bidding intensity for private equity deals, driving up leverage and reducing investment returns. However, these relationships hold only when private equity buyers face competition from other funds, such as in deals sourced from investment bank auctions. Taught MBA elective courses on M&A and Private Equity.

Austin, Tx, Us

Completed a doctoral degree in Finance (awarded August 2013). Dissertation: "Venture Capital and Career Concerns", published in the Journal of Corporate Finance, demonstrates the market for follow-on funds discourages risk-taking by venture capitalists and that venture capitalists dynamically adjust their investment strategy to balance fundraising incentives against the incentive to pursue risk provided by carried interest. Taught BBA core finance course and served as a TA for MBA Financial Strategies (Energy) elective.

Washington, Dc, Us

Junior Officer in the U.S. Navy Submarine Force. Qualified to stand watch as Officer of the Deck and Engineering Officer of the Watch on a nuclear fast-attack submarine. Completed two deployments during 3-years aboard USS Augusta (SSN-710). Served in several capacities, including Chemical and Radiological Controls Assistant, responsible for supervising radiological maintenance and reactor plant chemistry.From 2005-2007 served as Nuclear Power Officer NROTC Unit University of Idaho / Washington State University. Awards include Navy Commendation Medal, Navy Achivement Medal and CSDS-12 Junior Officer of the Year 2005.

Doctor Of Philosophy (Phd), Finance

Ma, Applied Economics

Bs, Mechanical Engineering