Archives: News

Journal of Finance (effective July 1, 2025)

Executive Editor: Antoinette Schoar (Massachusetts Institute of Technology)

Co-Editors: Leonid Kogan (Massachusetts Institute of Technology), Jonathan Lewellen (Dartmouth College), Thomas Philippon (New York University), Adi Sunderam (Harvard University)

Journal of Finance: Insights & Perspectives (effective January 1, 2025)

Executive Editor: Janice Eberly (Northwestern University)

Co-Editors: Valentin Haddad (University of California – Los Angeles), Arvind Krishnamurthy (Stanford University), and David Thesmar (Massachusetts Institute of Technology)

Congratulations to Steve Kaplan for his selection as 2025 AFA Fellow.  Professor Kaplan is the Neubauer Family Distinguished Service Professor of Entrepreneurship and Finance and Kessenich E.P. Faculty Director at the Polsky Center for Entrepreneurship and Innovation at the University of Chicago. His research focuses on private equity, venture capital, entrepreneurial finance, corporate governance and corporate finance.

Professor Kaplan received his AB, summa cum laude, in Applied Mathematics and Economics from Harvard College and earned a PhD in Business Economics from Harvard University.

In January 2000, the Board of Directors of The American Finance Association instituted a Society of Fellows of the Association. The purpose of the society is to recognize those members who have made a distinguished contribution to the field of finance.

The American Finance Association has selected Tyler Muir as the 2025 recipient of the Fischer Black Prize. Tyler Muir is the Donnalisa ’86 and Bill Barnum Endowed Term Chair in Management at UCLA Anderson School of Management. His research interests include asset pricing, financial intermediaries, and financial crises.

Before joining UCLA Anderson, Muir was on the faculty of the Yale School of Management. He also serves as a Research Associate at the National Bureau of Economic Research (NBER). He earned his Ph.D. in finance from the Kellogg School of Management and his B.A. in mathematics from UC Berkeley.

The Fischer Black Prize honors the memory of Fischer Black, formerly a General Partner at Goldman Sachs and Professor of Finance at the University of Chicago (1971-1975) and at the Massachusetts Institute of Technology (1975-1984).  His seminal research included the development (with Myron Scholes) of the widely applied Black-Scholes Option Pricing Model. The Fischer Black Prize was established in 2002 and honors individual financial research. It is awarded for a body of work that best exemplifies the Fischer Black hallmark of developing original research that is relevant to finance practice.