Academic Director of the Nicholas Center for Corporate Finance and Investment Banking
Professor | Finance|Nicholas Center for Corporate Finance and Investment Banking
Frank Graner Professor in Finance
5249 Grainger Hall
(608) 263-3423

Biography

Antonio Mello is the Frank Graner Professor in Finance. His research interests are in corporate finance (risk management, capital structure, and security design), capital markets (arbitrage, manipulation, and crashes), and international trade and finance.

Previosuly, Antonio Mello has taught at MIT-Sloan, Imperial College, London, the Shanghai Advanced Institute of Finance, London Business School and INSEAD.

He was visiting scholar at the European Central Bank, the Federal Reserve Bank of Chicago, and Banco de España.

Mello has held director positions at RiverRock Investors, a commodity trading hedge fund, at investment banks Jefferies and Millennium-BCP, at Finpro, a private equity firm, and was the lead economist at the Central Bank of Portugal.

Mello holds a BSc in civil engineering from the Technical University of Lisbon, an MBA and an MA in economics from Columbia University, and a PhD in finance from the London Business School, University of London.

Research

Selected Published Journal Articles

Giambona, E. & Mello, A. & Riddiough, T. (2018). Real Assets, Collateral, and the Limits of Debt Capacity Real Estate Economics

Mello, A. & Liu, X. (2017). The Creditor Channel of Liquidity Crises Journal of Money, Credit and Banking

Huh, S. & Lin, H. & Mello, A. (2015). Options Market Makers’ Hedging and Informed Trading: Theory and Evidence Journal of Financial Markets

Mello, A. & Parsons, J. (2013). Margins. Liquidity, and the Cost of Hedging Journal of Applied Corporate Finance

Liu, X. & Mello, A. (2011). The Fragile Capital Structure of Hedge Funds and the Limits to Arbitrage Journal of Financial Economics

Mello, A. (2008). A Dynamic Analysis of Growth via Acquisitions Review of Finance

Bhanot, K. & Mello, A. (2006). Should Corporate Debt Include a Rating Trigger? Journal of Financial Economics

Teaching

Graduate Courses

Seminar-Finance PhD (FIN 971), Fall 2002.
Continuation of Finance 970.

Multinational Business Finance (BUS/INT 745), Fall 2013.

Corporate Finance Decisions (FIN 727), Spring 2007.
Theory and practice of corporation finance: financial security contracts; security issuance; capital structure; dividend policy; cost of capital; financial risk management; mergers, acquisitions, and financial restructuring.

Valuation and Corporate Investment Decisions (FIN 726), Spring 2007.
Theory and practice of financial valuation for investment decisions: present value, modeling cash flows, hurdle rates, financial multiples, valuing private firms, real options.