• Headlines

    Pushing the Envelope on Entrepreneurship Research

    On January 18-19, 2018, the Frank H. Kenan Institute of Private Enterprise convened its second-ever Frontiers of Entrepreneurship Conference

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    Change Transforming the U.S. military

    “We’re in a unique and transformative time in global history,” said General Mark A. Milley, chief of staff of the U.S. Army, speaking at UNC Kenan-Flagler Business School.

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    Kenan Institute Sponsors Black Communities Conference in Durham

    The multi-disciplinary conference brought together academic researchers and community members from across North America to collaborate on documenting, safeguarding and enhancing the life of historic black communities.

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    Unifi, Kirkpatrick Receive UNC Sustainability Awards

    The makers of a synthetic fiber made from recycled plastic bottles and the co-founder of a venture capital firm that focuses on green sectors are the recipients of the 2018 UNC Sustainability Awards.

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  • Headlines

    Economic Aspects of the Opioid Crisis

    To determine the origins of this state and national crisis, examine its impact on American workers, businesses, and communities and explore steps toward a resolution, the Kenan Institute of Private Enterprise hosted Economic Aspects of the Opioid Crisis, a roundtable discussion by public health experts, economists, policymakers and business and community leaders.

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Up Next

June 06, 2018

Effects of The Tax Cuts and Jobs Act on Investment Incentives and Financial Reporting

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The Kenan Institute is where UNC’s Kenan-Flagler Business School engages the world. We work with our affiliated centers, business leaders, and senior policymakers to stimulate innovative market solutions to vital economic issues. More
We translate insights from the academy into practice and policy. The Institute serves as a focal point for scholarly research, exploration of issues, and community outreach to advance the understanding of the private enterprise system. More
The Kenan Institute advances the understanding of entrepreneurship, economic development, and global commerce for the public good. We seek market-based solutions to economic challenges facing society. More
 

Recent News & Media

Lindley Mills Earns Family Business Award from Triad Business Journal

May 18, 2018

Graham, N.C.-based Lindley Mills has been awarded the Family Business Award from the Triad Business Journal. Vice President of Marketing Caroline Lindley (BSBA '14, MBA '17) represents her family's 10th generation at the mill. She continues to work closely with the Family Enterprise Center, a Kenan Institute affiliate. Lindley also serves on the Kenan Institute's Kenan Scholars Board of Mentors. More


Family Enterprise Center

Kenan Scholars Mentor Appointed to N.C. Governor’s Council for Women

May 02, 2018

Dana O’Donovan, managing director of the Monitor Institute by Deloitte and a member of the Kenan Scholars Board of Mentors, has been appointed to the North Carolina Council for Women as an at-large member. The council’s mission is to advise the governor, state legislature and state departments on the issues that impact women in North Carolina. The appointment is one of 13 recent assignments made by Governor Roy Cooper to various North Carolina boards and commissions. More

Kenan Institute Initiates New SSRN Series

April 27, 2018

The Kenan Institute of Private Enterprise has started a new Management Research Centers Papers series within the Management Research Network of the Social Science Research Network (SSRN) More

Latest Research

Performance of Private Credit Funds: A First Look

May 09, 2018

Although private credit funds have rapidly grown into a standalone asset class over the last decade, little is known about the aggregate performance of these funds. To provide a first look at absolute and relative performance, we utilize the Burgiss database of institutional quality private credit funds. Our analysis evaluates 476 private credit funds with nearly $480 billion in committed capital, including a subset of 155 direct lending funds. We review the recent trends within private credit, provide an overview of various strategies, describe returns since 2004 and compare private credit to several benchmark indices in order to develop a preliminary view of performance and risk across various private credit strategies. Measures of absolute performance reveal IRRs that are positive for the top three quartiles across all sub-strategies. More


Working Paper