Andrew Regan brings to the training task experience in finance in both the practical and academic spheres. Mr. Regan spent six years as a practitioner in the securities industry. He started in public finance at Merrill Lynch, serving as a financial advisor to municipal entities and directing their efforts in raising public capital in the tax-exempt debt markets. After receiving his MBA from Harvard Business School, Mr. Regan became Retailing Analyst at Donaldson, Lufkin, and Jenrette in New York, where he counseled large institutional investors on their retail sector holdings. In addition to these conventional sell-side duties, he was centrally engaged while at DLJ in a number of banking transactions involving merchants, including LBOs, IPOs, primary and secondary equity offerings, and private placements.
Mr. Regan returned to HBS as a Charles M. Williams Fellow and Dean’s Doctoral Award Winner. His research interests included the performance of LBOs, privatization in emerging markets, competition in the securities markets, and capital availability in the airline industry. In 1994-95 Mr. Regan served as secretary to Professor Hayes, Warren Buffet, GE Chairman John Welch, former Merrill Lynch Chairman Daniel Tully, and other members of the Compensation Practices Committee, a panel of securities industry experts appointed by SEC Chairman Arthur Levitt to look at remuneration in the retail brokerage business.
Mr. Regan provides pedagogical support to financial service organizations looking for training in the theory and practice of corporate finance and financial markets. His specialty is valuation in the public and private equity markets. This includes both the “sell-side” process of such activity (advisory, M&A, and equity capital markets) as well as the concomitant “buy-side” analysis (investors and their analytical approaches). His other interests are portfolio management and real estate valuation.
Mr. Regan was also a contributor on valuation issues to tech journal The Industry Standard, and serves as a trustee for several endowment funds.
Mr. Regan received his A.B. magna cum laude in Modern European History from Harvard College in 1983, his M.Sc., with Distinction, in West European Politics from the London School of Economics in 1986, and his M.B.A., with High Honors, from HBS, where he was a George F. Baker Scholar, in 1988. He is a member of the Association for Investment Management and Research and holds the CFA Charter.
Mr. Regan lives in Jersey City, New Jersey.