Partner and Senior Adviser
Peter DeMarzo is the Staehelin Family Professor of Finance at the Stanford Graduate School of Business, and a Research Associate of the National Bureau of Economic Research. He is the current President of the American Finance Association and has served as the past president of the Western Finance Association. He has published research on corporate investment and financing, asset securitization, financial contracting, and market regulation. Recent work has examined the optimal design of securities, dynamic compensation mechanisms, regulation of insider trading and broker-dealers, bank capital regulation, and the influence of information asymmetries on corporate disclosures and investment. He is co-author of the leading corporate finance textbook and has served as associate editor of the Review of Financial Studies, Financial Management, and B.E. Journals of Economic Analysis and Policy.
Before joining Stanford, he was on the faculty of U.C. Berkeley’s Haas School of Business, Northwestern University’s Kellogg Graduate School of Management, and a National Fellow at the Hoover Institution. Peter received his Ph.D. in Economics in 1989 and M.S. in Operations Research in 1985 from Stanford University, and a B.A. in Cognitive Science and in Applied Mathematics in 1984 from U.C. San Diego.