The Kenan-Flagler Private Equity Fund is a student-run fund with more than $7.0 million of committed capital under management. The fund, launched in 2007, is the first and only student-run fund associated with a top-tier global business school that seeks to provide real returns to its limited partners.
The management team is comprised of 18 Kenan-Flagler students - 4 second-year MBAs, 5 first-year MBAs, 4 senior BSBAs, and 5 junior BSBAs. All students serve a 3-semester term with the program. In addition to active investment activities, the students participate in a series of private equity courses, lectures, and events.
Students manage all aspects of the investment cycle - raising capital, sourcing deals, performing due diligence, making investment decisions, and presenting decisions to the Faculty/Advisory Committees and the Board of Directors - and receive course credit for their involvement with the program.
The Fund invests opportunistically in a strategic mix of buyout, mezzanine debt, growth capital and venture capital transactions - primarily sourced through our LPs and the network of UNC Kenan-Flagler alumni that are active private equity professionals.