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 2019 finals will take place in Chicago.
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.