prof. Pascal Böni PhD

Bio

Pascal Böni is Professor of Practice in Finance & Private Debt and heads the Tilburg Institute for Private Debt (TiPD) as its managing director. He is also Associate Professor of Finance at Tilburg Univerity's business school TIAS, where he teaches in the Master in Finance (MiF) program. His research interest is in asset pricing in private markets and private debt on the one side and mergers & acquisitions and corporate finance on the other side. Pascal earned a PhD in Finance from Tilburg School of Economics and Management, Tilburg University. He graduated with a Master of Business Administration from the Simon Business School, University of Rochester, New York; and a Master in Business Law from the Graduate School of Business, Economics Law and Social Sciences at the University of St. Gallen.

Expertise

Apart from teaching and researching in the field of corporate finance and private debt, Pascal works as the CEO of Remaco Group, a Swiss broker dealer and financial advisory company focusing on corporate finance and alternative assets, namely private debt. Remaco belongs to Nexia International, a global top 10 network of independent accounting and consulting firms. He also serves on the board of directors of several companies, chairs the Swiss Association of Securities Firms (SASF) and is member of various expert groups advising government institutions in Switzerland. He previously acted on the board of various listed and unlisted national and international companies in the media, the energy, the IT and the financial services industry and advised some 100+ corporate finance and M&A transactions.

Top publications

1. Private debt fund returns, persistence, and market conditions

   Böni, P., & Manigart, S. (2022). Private debt fund returns, persistence, and market conditions. Financial Analysts Journal, 78(4), 121-144.

2. Are stock prices driven by expected growth rather than discount rates…

   Böni, P., & Zimmermann, H. (2021). Are stock prices driven by expected growth rather than discount rates? Evidence based on the COVID-19 crisis. Risk Management-An International Journal, 23, 1-29.

3. The credit suisse bailout in hindsight - Not a bitter pill to swallow…

   Böni, P., & Zimmermann, H. (Accepted/In press). The credit suisse bailout in hindsight - Not a bitter pill to swallow, but a case to follow. Financial Markets and Portfolio Management, forthcoming(I/2024), 1-44.

4. Performance of Private Debt

   Böni, P. (2023). Performance of Private Debt. In D. Cumming, & B. Hammer (Eds.), The Palgrave Encyclopedia of Private Equity (pp. 1-7). Palgrave Macmillan.

5. Uncovering the Public and Private Components of Private Debt Returns

   Böni, P., & de Roon, F. (2023). Uncovering the Public and Private Components of Private Debt Returns. (pp. 1-59). SSRN.