Dr. Alexander Groh is Professor of Finance and Director of the Entrepreneurial Finance Research Centre at EMLYON Business School, France. He has held visiting positions at The University of New South Wales, Sydney, Australia, IESE Business School, Barcelona, Spain, and INSEAD, Fontainebleau, France. His research focuses on VC and PE, and includes valuation issues, performance measurement and socio-economic determinants for the development of vibrant VC and PE markets. His papers have been published in the Journal of Banking and Finance, the Journal of Corporate Finance, the Journal of International Money and Finance, Corporate Governance: An International Review, the European Financial Management Journal, the Journal of Alternative Investments, the Journal of Real Estate Finance and Economics, the Emerging Markets Review, and in Venture Capital, among others. He has been involved in management training courses for the European Venture Capital and Private Equity Association (EVCA), and has worked for Quadriga Capital, a Frankfurt based Private Equity fund, since 1996.
Dr. Groh gained his PhD from Darmstadt University of Technology in Germany, where he also studied Mechanical Engineering and Business Administration.
The course focuses on the finance aspects following the life cycle of young and innovative ventures from their start-up. These young ventures usually require substantial outside financing in early stages to eventually create employment, growth, social contributions and tax revenues in their future. Bank financing is hardly available for these ventures and therefore, all funds need to be raised from other sources, e.g. friends and family, business angels, or from professional financial intermediaries, so-called venture capital and private equity funds. Besides those traditional channels, ventures can raise funds from “the crowd” using digital platforms (crowdfunding) or blockchain-based technologies (ICOs).Finance and Fintech