Market Participants

Private capital investment can be a powerful engine for economic growth in a country or region, stimulating innovation and job creation. In addition, established companies sometimes seek to harness the vibrancy of startup entrepreneurship to propel their own innovative efforts. Bella Private Markets works with corporations, nonprofits, governments, and development finance institutions to help them catalyze innovation and private market investment within their offices or around the globe. Drawing on Dr. Josh Lerner’s foundational research, along with continuous market analysis, Bella helps clients design programs, assess policy, and measure outcomes related to the evolving private capital market.

Solutions

Policy Development and Assessment

Policy Development and Assessment

Governments and other institutions play an important role in creating environments in which innovative businesses can thrive. As the leading experts on initiatives to spur investment and innovation, Bella Private Markets has helped clients across six continents design, implement, and assess programs to encourage and support the development of promising, high-growth businesses.

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Internal Innovations

Internal Innovation

As increasing amounts of capital flow to innovative young companies, corporate market incumbents must strengthen the engines of innovation within their organizations to identify promising areas for growth and consider how to cope with emerging competitors. Bella Private Markets helps established companies combine the best practices of nimble startups and the superior resources of a market incumbent to achieve strong, sustainable growth, whether through the development of internal projects or the funding of external initiatives using corporate venture capital programs.

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Custom Research

Custom Research

Bella Private Markets utilizes rigorous analysis to provide answers to the most challenging questions facing private markets today. Through both quantitative and qualitative research, we help clients explore the complicated issues surrounding private investment, value creation, and innovation policy.

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Representative Projects

weaving rainbow

A Regional Platform to Share Best Practices

weaving rainbow

A Regional Platform to Share Best Practices

Client Type: Market Participant

Solution: Policy Development and Assessment

We designed and led a two-day conference in Colombia to bring together Latin American private equity and venture capital fund managers and limited partners to share lessons from their experiences and to strengthen the region's PEVC ecosystem. In addition to creating a platform for participants to share ideas, the conference also solicited feedback from attendees for public policymakers about ways in which the venture capital and private equity environment could be improved.
Retro Lights

The Corporate Innovator

Retro Lights

The Corporate Innovator

Client Type: Market Participant

Solution: Internal Innovation

We developed and presented a series of talent development workshops for a publicly-traded company. The series of workshops spanned several years and focused on issues surrounding the generation and execution of innovative projects within the company. To support the workshops, we developed a series of full-length custom case studies featuring the company's recent projects and other relevant teaching materials.
tops of trees

Building a Venture Capital Ecosystem

tops of trees

Building a Venture Capital Ecosystem

Client Type: Market Participant

Solution: Policy Development and Assessment

We supported a government agency's efforts to encourage domestic innovation by developing a thorough diagnostic of best practices in similar efforts around the globe. Based on interviews of global experts and extensive secondary research, the final report identified obstacles and success factors in creating venture capital and innovation ecosystems.
lighting matches

Catalyzing Innovation

lighting matches

Catalyzing Innovation

Client Type: Market Participant

Solution: Policy Development and Assessment

We assessed the impact of regional efforts to encourage innovation and entrepreneurship. Based on interviews with 120+ individuals and extensive secondary research, we traced the impact of these efforts and considered ways to target spending for more immediate results.
mangrove above and below water

A Forum for Development

mangrove above and below water

A Forum for Development

Client Type: Market Participant

Solution: Policy Development and Assessment

We designed and executed the program for multiple conferences sponsored by a major development finance institution. The annual forums provide opportunities for fund managers to network, share experiences, and develop best practices. We produced and presented custom investment cases based on attendee interviews and produced white papers to proliferate insights from the event. View one such paper here.
washington monument

Assessing Patent Policy

washington monument

Assessing Patent Policy

Client Type: Market Participant

Solution: Custom Research

We conducted a detailed assessment of the impact on small businesses of the Leahy-Smith America Invents Act, a major piece of legislation concerning the U.S. patent system. Through rigorous quantitative analysis and a comprehensive literature review, we compiled key findings regarding the likely effects of the legislation and made a series of recommendations to further assess and measure the impact of the policy moving forward. A summary of the research findings can be found here.
magnifying glass

A Closer Look at Value Creation

magnifying glass

A Closer Look at Value Creation

Client Type: Market Participant

Solution: Custom Research

We researched the specific, practical methods of adding value to portfolio companies. We interviewed CEOs who implemented value creation programs in 12 companies acquired by private equity firms known for their ability to improve operations. Drawing from academic research and interviews with private equity firm partners who specialized in finance and operations, we determined the “4 Ps” of value creation.
Nebula

Investing in Space

Nebula

Investing in Space

Client Type: Market Participant

Solution: Custom Research

We closely mapped the evolution of VC investment activity in low-earth orbit, with a special focus on interactions involving the International Space Station. Based on extensive research and interviews, the final report described historical activity and recent changes, noting the activity of privately funded work in nano- and micro-satellites, non-government launch vehicles, and launch concierge services. The final report is included in a NASA publication available here.
abstract grunge painting

Asset Manager Diversity

abstract grunge painting

Asset Manager Diversity

Client Type: Market Participant

Solution: Custom Research

We quantified the representation of women and ethnic/racial minorities in ownership positions at asset management firms in the United States. We compiled and analyzed data from several commercial databases for the mutual fund, hedge fund, private equity, and real estate industries to examine the trends in diverse ownership over time and assess the performance of funds managed by diverse-owned firms compared to non-diverse funds. View the full report here.
abstract texture painting

Corporate Venture Capital Program Evaluation

abstract texture painting

Corporate Venture Capital Program Evaluation

Client Type: Market Participant

Solution: Internal Innovation

We analyzed a Fortune 100 company’s corporate VC efforts and provided a series of recommendations for enhanced effectiveness. The report was based on a series of interviews with executives who interacted with the VC effort in various ways, as well as portfolio company CEOs and external venture capitalists who had worked with the group.
space shuttle launch

Launching a CVC

space shuttle launch

Launching a CVC

Client Type: Market Participant

Solution: Internal Innovation

We advised a publicly-traded U.S. company on the creation of its corporate venturing program. We conducted interviews with key executives at the company to determine the primary goals and optimal design of the program. Drawing on our founding partners' industry expertise combined with insights from academic and industry research, we made specific recommendations regarding the structure, governance, and evaluation of the corporate venture capital program.