Faculty members in the Finance Area conduct research in corporate finance, asset pricing, macro-finance, real estate and neuroeconomics. Our mission is to conduct high-impact and high-quality work that advances our understanding of the economic decisions made by investors, firms and policy-makers. In addition to our three existing Finance research centers, the School recently launched the Institute for Private Capital (IPC). The IPC will principally focus on research leading to a better understanding of private capital investments. The properties and impacts of private investments are poorly understood relative to public investment vehicles and represent a major blind spot in the academic knowledge base. A better understanding of private investments will directly impact practice and have important public policy implications.