Recently, Junson Capital: Building an Institutionalized Family Office, a case co-authored by Gao Hao, director of the Global Family Business Research Center at Tsinghua University PBC School of Finance, Christopher J. Malloy and Lauren H. Cohen, professors in corporate finance at Harvard Business School, and Dawn Lau, senior researcher at Harvard Business School Asia Pacific Research Center, is included in the Case Library of Harvard Business School. It is the first Chinese family office case included by Harvard.

  

Family offices, as an important part of institutional investors, is one of the fastest-growing frontier study of international wealth management and plays an increasingly important role in the global financial market. Focusing on the explorations and practices of Junson Capital - a leading family office in China- during its founding process, the case aims to help students to develop a deep understanding of the ultra-high net-worth family wealth management top-level esign of the family offices’ functionality and positioning in the family governance, inheritance, and asset allocation, provide guidiance on how to establish an institutionalized family office according to their own attributes and the external environment, and enable students to understand the role of key elements such as family values and vision, organizational structure and governance, information systems and processes, investment philosophy and asset allocation, performance assessment, and human resources in the systematic construction of a family office. The case is highly suitable to case-based classroom teaching for Master of Finance, MBA in Finance, EMBA in Finance and DBA in Finance and for executive training programs.

This case is the second to be included in the Case Library of Harvard Business School after A Tale of Two “Orientals”, a case developed by Professor Zhang Hong, director of the Tsinghua PBCSF China Finance Case Center. Harvard Business School is the first business school in the world that created and adopted the case-study teaching. It has the world’s most authoritative case library in business teaching and research. The inclusion of our faculty member’s research findings again by Harvard Business School reflects the new progress the school made in the development of world-class teaching cases, which plays a positive role in promoting China’s finance case bank, and helps to deepen international academic exchanges and research cooperations.

Founded in 2015, the Global Family Business Research Center focuses on areas of family business governance and inheritance, wealth management, family office, and family trust. To date, the center has published dozens of papers and cases and on academic journals and mainstream financial newspapers at home and abroad, as well as 15 academic monographs and translations. Besides, it has engaged in in-depth cooperation with world-renowned institutions such as Bill and Melinda Gates Foundation, World Economic Forum and UBS to provide intellectual support for the long-term development of private enterprises, sustainable economic development and other important global issues. Nowadays, the center is becoming a well-known think tank with international influence in the fields of family business and wealth management.