The Oxford Chicago (Ox-Chi) Global Private Equity Challenge, generously supported by Chicago-area private equity firm Water Street, is a case competition that enables teams from Chicago Booth and Oxford Saïd to assess the potential for a leveraged buyout of a publicly-listed company and compete for a cash prize. The Challenge includes a semifinals round in Chicago and a finals round that alternates annually between Oxford and Chicago. The 2018 finals took place in Oxford, England. Information about and dates of the 2018-19 program will be announced soon.
To participate in the semifinals, Chicago Booth students must build teams of five, prepare a proposal and financial model based on a case that will be posted in the early fall term, and apply. From the pool of applicants, a subset of teams are asked to interview with a panel of private equity investors. Interviews consist of brief presentations and Q&A sessions. Following the interview process, three teams are selected to compete in the Chicago Booth semifinals. These teams formally present their proposals to a panel of private equity judges, who select a winner to go head to head with the top team from Oxford.
The winner of the Booth semifinals advances to the finals, where they present a final proposal to a committee comprised of Booth and Oxford alumni. In addition, the team has the opportunity to attend a lecture on private equity; participate in treks to top private equity firms; and network with faculty, students, and alumni at the hosting institution.