Todd Pulvino
Todd Pulvino

EXECUTIVE EDUCATION
Clinical Associate Professor of Executive MBA

Print Overview
Todd Pulvino is a co-founder and principal at CNH Partners, the merger arbitrage and convertible arbitrage affiliate of AQR Capital Management. Todd has served on the finance faculties of Northwestern University’s Kellogg School of Management and Harvard Business School. His research is published in top academic finance journals including The Journal of Finance, the Journal of Financial Economics, and the American Economic Review. Todd holds Ph.D. and A.M. degrees in Business Economics from Harvard University, an M.S. degree in Mechanical Engineering from the California Institute of Technology, and a B.Sc. degree in Mechanical Engineering from the University of Wisconsin-Madison. Prior to completing his doctoral work at Harvard, Todd worked as a design engineer in the aerospace industry.
Print Vita
Education
Ph.D., 1996, Business Economics, Harvard Business School, Harvard University
M.A., 1995, Business Economics, Harvard Business School, Harvard University
M.S., 1986, Mechanical Engineering, California Institute of Technology
B.S., 1984, Mechanical Engineering, University of Wisconsin - Madison

Academic Positions
Adjunct Professor of Finance, Kellogg School of Management, 2007-present
Associate Professor of Finance, Kellogg School of Management, 2003-2004
Assistant Professor of Finance, Kellogg School of Management, 1996-2003
Visiting Assistant Professor, Harvard Business School, 2000-2001

Other Professional Experience
Founding Principal, CNH Partners, LLC, 2000-present
Consultant - Event Arbitrage, Grosvenor Asset Management, 2000-2001
Consultant - Event Arbitrage, Collins Associates, 1998-2000
Project Engineer, Aerospace Corporation, 1985-1991

Grants and Awards
L.G. Lavengood Outstanding Professor of the Year Award, Kellogg School of Management, 1999

 
Print Research
Articles
Pulvino, Todd, Vladimir Gatchev and Vefa Tarhan. 2010. The Interdependent and Intertemporal Nature of Financial Decisions: an Application to Cash Flow Sensitivities. Journal of Finance. 65(2): 725-763.
Pulvino, Todd, Mark Mitchell and Lasse Heje Pedersen. 2007. Slow Moving Capital. American Economic Review. 97(2): 215-220.
Pulvino, Todd, Mark Mitchell and Erik Stafford. 2004. Price Pressure Around Mergers. Journal of Finance. 59(1): 31-63.
Pulvino, Todd, Mark Mitchell and Erik Stafford. 2002. Limited Arbitrage in Equity Markets. Journal of Finance. 57(1): 551-584.
Pulvino, Todd and Mark Mitchell. 2001. Characteristics of Risk and Return in Risk Arbitrage. Journal of Finance. 56(6): 2135-2175.
Pulvino, Todd and Mark Mitchell. 2001. Characteristics of Risk and Return in Risk Arbitrage. Journal of Finance. 56(6): 2135-2175.
Pulvino, Todd. 1999. Characteristics of Risk and Return in Risk Arbitrage. Journal of Financial Economics. 52(2): 151-186.
Reprinted in:
Corporate Restructuring, edited by John J. McConnell and David J. Denis.
Pulvino, Todd. 1998. Do Asset Fire-Sales Exist? An Empirical Investigation of Commercial Aircraft Transactions. Journal of Finance. 53(3): 939-979.
Reprinted in:
Empirical Corporate Finance, edited by Michael J. Brennan.

 
Print Teaching
Executive MBA
Strategic Financial Management (FINCX-442-0)
Strategic Financial Management examines financial management theory and cases. Students use valuation skills to determine the cost of capital, financing and operating issues faced by the firm.