The first two essays in this dissertation examine the phenomenon of venture capital syndication, or co-investment. In the first essay, I construct measures of syndicate heterogeneity and find that when venture capital firms from different geographic regions syndicate their investments, this has...

The two essays in this dissertation are concerned with investors' decision making in the global environment. Finance literature has established that investors do not allocate their investments in mean variance efficient portfolios. Instead, variables such as economic development and familiarity...