Team - Global Private Equity Initiative

Claudia Zeisberger

Founder Global Private Equity Initiative (GPEI)

Senior Affiliate Professor of Entrepreneurship and Family Enterprise

Claudia Zeisberger is a Senior Affiliate Professor of Entrepreneurship & Family Enterprise at INSEAD, and the Founder of the school’s private equity & venture capital centre GPEI. Through the centre’s work, INSEAD has established itself as the go-to source for insights on private capital in emerging markets and impact investing. Professor Zeisberger advises corporations, institutional investors and governments on Private Capital portfolio construction and best practices, Corporate Venture Capital, Environmental Social and Governance (ESG), EdTech, Corporate Turnarounds, Risk Management, and the launch of Sovereign Wealth Funds. She has over 30 years of experience as a finance professional and as an expert with deep experience in risk management, private equity and venture capital, Corporate Venturing and Innovation. As a Professor at INSEAD, she is a global citizen and award-winning author as well as an angel investor. She is a member of KKR’s Sustainable Expert Advisory Committee (SEAC) and sits on the Advisory Boards of Standard Chartered Ventures, Linzor Capital, BG Ventures and KaizenVest. Passionate about the future of education, she acts as a volunteer board advisor to Girl Rising, a non-profit focused on girls' education and empowerment. At INSEAD, Professor Zeisberger teaches courses on Private Equity & Venture Capital, Corporate Turnaround and Risk management in their MBA, EMBA and Executive Education programmes. She has won the “Best Teaching Award” and has been awarded the “Dean’s Commendation for Excellence in MBA Teaching” annually since 2008. In 2010, she launched INSEAD’s popular course “Managing Corporate Turnarounds,” which combines in-class case studies and visits from industry professionals with an intensive computer-based simulation involving an iconic car brand and its struggle with bankruptcy. Joining Academia in 2005 after a 16-year career in investment banking & alternative investments allowed her to leverage her extensive network and combine her passion for education & innovation by connecting academia with industry. Claudia is one of the best-networked people in the Private Capital space with extensive experience in bringing her academic and professional background to inform boards. She is an expert on Responsible Investing and ESG strategy implementation and is often invited in the role of ‘Professional Devil’s Advocate’. Her recent work has focused mainly on private capital in emerging markets & Corporate Venture Capital. She is the author of "Mastering Private Equity – Transformation via Venture Capital, Minority Investments & Buyouts" as well as the corresponding INSEAD case book "Private Equity in Action – Case Studies from Developed & Emerging Markets". http://claudiazeisberger.com/

Claudia Zeisberger

Senior Affiliate Professor of Entrepreneurship and Family Enterprise

Founder Global Private Equity Initiative (GPEI)

Philip Anderson

The INSEAD Alumni Fund Chaired Professor of Entrepreneurship

Professor of Entrepreneurship

Philip Anderson is the INSEAD Alumni Fund Chaired Professor of Entrepreneurship at INSEAD, in Singapore. He currently teaches courses in strategy, entrepreneurship, leadership, innovation, and change, and has written over 170 original cases and notes for these classes. Professor Anderson is co-author of Managing Strategic Innovation and Change: A Collection of Readings (with Michael Tushman), published by Oxford University Press in 2004 (second edition), and Inside the Kaisha: Demystifying Japanese Business Behavior (with Noboru Yoshimura) published by Harvard Business School Press in 1997. Inside the Kaisha was named the 1997 Booz-Allen & Hamilton/Financial Times Global Business Book of the Year for Industry Analysis/Business Context. In 2010, CMO Asia’s Best B-School Awards named Philip Anderson the 'Best Professor in Entrepreneurship.' In 2021 he won INSEAD’s Dominique Heau Award for Inspiring Educational Excellence. He has consulted and/or conducted customized executive programs for companies such as 3i, Abbott, the Abu Dhabi Civil Service, the Abu Dhabi Investment Authority, the Abu Dhabi Crown Prince’s Court (Diwan), the Abu Dhabi Critical National Infrastructure Authority, Adidas, Aditya Birla, Aetna, AIA, Aichi Prefecture, Alstom, American Express Financial Advisors, Astra International, Astra Zeneca, Bank Danamon, Bank Indonesia, Bank Islam, Bank of the Philippine Islands, Banpu, Banque Pictet, BASF, Bharti Airtel, Bristol-Myers Squibb, Bursa Malaysia, Capitaland, Central Group, Changi General Hospital, CELAP, CIO Magazine, Clariant, Cofra, DaimlerChrysler, Deutsche Bank, DNV GL, Dow, du, Eaton, EDF, Emirates Nuclear Energy Corporation, Ernst & Young, FMO, Glaxo SmithKline, Google, Hana Financial, HeidelbergCement, Hitachi, HP, Jardine Matheson, J.M. Huber, Human Capital Leadership Institute, Insurance Australia Group, International Flavors and Fragrances, INSKEN, Intel Capital, Interpharma, Jardine Matheson, John Deere, Jones Lang LaSalle, KEPCO, Korean Management Association, KPMG, Malaysia Airports Berhad, Maybank, McGraw-Hill, Medco Energi, Merck KGaA, Mitsubishi Group, Mizuho, Mubadala, Mumtalakat, NESMA, New York Times, Noble Group, OCBC, Orica, Pernod Ricard, Pertamina, Petronas, Pfizer, Praxair, PricewaterhouseCoopers, Prudential Corporation of Asia, PTT, PTT Global Chemical, Qtel, RHB Group, Roche, Roland Berger Partners, SASAC, Sberbank, Schroders, Sibur, Sicredi, Siemens PLM, Singapore Academy of Law, Sonera, SK, SKF, Star Energy, STX, Tadawul, Takeda Pharmaceuticals, Telenor, Thailand Management Association, The Executive Office of the Government of Dubai, Tata Consultancy Services, TNT Express, the UAE Federal Government, the UAE Ministry of Economy, Ulker, Unilab, Unilever, United Technologies, and Visa.

Philip Anderson

Professor of Entrepreneurship

The INSEAD Alumni Fund Chaired Professor of Entrepreneurship

Vikas A. Aggarwal

Academic Director, Global Private Equity Initiative

Associate Professor of Entrepreneurship and Family Enterprise

Vikas Aggarwal is an Associate Professor of Entrepreneurship and Family Enterprise and Academic Co-Director, Global Private Equity Initiative (GPEI) at INSEAD. His research centers on strategy issues in entrepreneurial settings, focusing on venture-backed start-ups as well as larger firms experiencing significant environmental change. He is particularly interested in the interdependencies that occur across multiple strategic decisions and the implications of these decision portfolios for outcomes, such as innovation and long-run performance. His work examines sectors such as biotechnology, software, and the US defence industry, and combines empirical studies with agent-based simulations. Prior to beginning his academic career Professor Aggarwal was an entrepreneur in Silicon Valley, where he worked with the founding team of Military.com to develop the start-up’s core revenue streams and grow the company through multiple rounds of venture financing. He also held positions in strategy consulting and investment banking, and served as an independent consultant to a range of firms in the technology and transportation industries. Professor Aggarwal holds a PhD from the Wharton School at the University of Pennsylvania, an MBA from the Sloan School of Management at MIT, and an AB in Economics from Princeton University.

Vikas A. Aggarwal

Associate Professor of Entrepreneurship and Family Enterprise

Academic Director, Global Private Equity Initiative

Jasjit Singh

The Paul Dubrule Chaired Professor of Sustainable Development

Professor of Strategy

Prof. Jasjit Singh has been at INSEAD since 2004, where he is now a Professor of Strategy and the Paul Dubrule Chaired Professor of Sustainable Development. His focus areas are Sustainability Strategy, Inclusive Business, Innovation, Impact Entrepreneurship, Impact Investing, and Impact Evaluation. Jasjit has published numerous case studies as well as articles in leading academic journals. He also serves on the editorial review boards for Strategic Management Journal and Organization Science, and has previously been an associate editor at Management Science. Jasjit earned a PhD in Business Economics (Strategy) at Harvard Business School and an MA in Economics at Harvard University, having earlier obtained a BTech at IIT Delhi and a dual MS at Georgia Tech. Details of Jasjit’s work can be found at http://faculty.insead.edu/jasjit-singh.

Jasjit Singh

Professor of Strategy

The Paul Dubrule Chaired Professor of Sustainable Development

Lily Fang

Dean of Research

The AXA Chaired Professor in Financial Market Risk

Professor of Finance

Lily Fang is a Professor of Finance at INSEAD and the holder of the AXA Chair in Financial Market Risk. Professor Fang joined INSEAD in the Asia Campus in 2003. She is currently the Dean of Research and is based in the Europe campus. Lily Fang directs Finance for Executives and the INSEAD Fintech Programme. Professor Fang’s primary research interest is financial market information and investment strategies. She has published numerous papers on the performance, behavior, and incentives of financial analysts, fund managers, and financial institutions in top academic journals such as the Journal of Finance, the Journal of Financial Economics, and the Review of Financial Studies. Her work on the relation between media coverage and stock returns received the prestigious Smith Breeden prize for outstanding papers published in the Journal of Finance. Professor Fang has advised a number of large institutional investors on investment strategies. At INSEAD Professor Fang teaches corporate finance, capital markets, valuation, private equity, venture capital and entrepreneurial finance in the MBA, EMBA, and Executive Education programmes. She has won the Dean's Commendation Award for Excellence in MBA Teaching numerous times and has taught and directed numerous Executive Education programmes. Professor Fang has also been a Visiting Professor of Finance at the MIT Sloan School of Management where she won the Outstanding Teacher Award. Professor Fang obtained her PhD in Finance from the Wharton School, University of Pennsylvania. Prior to that, she studied mathematics, actuarial science and management science at Simon Fraser University in Vancouver.

Lily Fang

Dean of Research

Professor of Finance

The AXA Chaired Professor in Financial Market Risk

Loic Sadoulet

Affiliate Professor of Economics

Loïc Sadoulet is Affiliate Professor of Economics at INSEAD, and Visiting Professor at CEDEP. Loïc holds a PhD in Economics from Princeton University. He has been teaching at INSEAD since 2000 in Executive Development Programmes, MBA and Executive-MBA programmes. His MBA and E-MBA teaching cover macroeconomics, economic development, negotiation analysis, and projects-based courses, using both theoretical and practical approaches to analyse the business environment, develop negotiation skills, and consulting skills to work in unfamiliar and changing settings. For Executives, he designs and directs programmes around innovation for new markets in an evolving world and in emerging markets. He also develops week-long programmes in South Africa, India, China, Korea, Japan, the Silicon Valley, as deep-dive learning journeys for companies like retail bank, telecom or entertainment groups, petroleum or pharmaceutical companies. In all these programmes, the objective is to get executives to think about emerging opportunities in a changing world. In 2008, Loïc launched the INSEAD Africa Initiative, one of the initiatives of the INSEAD Social Innovation Centre. His research focuses on business development and expansion in emerging economies, both by local efforts and through entry by multinational companies. His interests lie in creating profitable agreements in environments with substantial information gaps. A major line of his research has concentrated on the design of financial services that can be extended (profitably) to traditionally neglected segments. Recently, he has also been involved in investigating ICT-based solutions to create new profitable markets for a range of activities: health, information services, financial services. Previously, Loïc has worked for the World Bank; in a microfinance institution in Guatemala; at the European Centre for Advanced Research in Economics and Statistics (ECARES) at the Free University of Brussels; and at the Solvay Business School (Belgium) where he was twice rewarded by the Teacher of the Programme Award by the part-time MBA students.

Loic Sadoulet

Affiliate Professor of Economics