Associate Professor in Finance
Fellow, Cambridge Centre for Finance (CCFin)/Cambridge Endowment for Research in Finance (CERF)
PhD (University of Warwick)
I am a finance theorist who is interested in understanding how the strategic interaction between firms and investors shapes real investment and growth, especially in the presence of financial and informational frictions. My research has been published in outlets such as the Review of Financial Studies, the Journal of Financial Economics, Management Science and the Review of Corporate Finance Studies.

Professional experience
Dr Giulio Trigilia is a JM Keynes Fellow at the University of Cambridge, a Fellow of CERF, and a member of the Finance Theory Group.
Previous appointments
Dr Trigilia was Assistant Professor of Finance at the University of Rochester prior to joining Cambridge Judge Business School.
Publications
Selected publications
- Koufopoulos, K., Trigilia, G. and Zryumov, P. (2026) “Short-term debt overhang.” Review of Financial Studies (forthcoming)
- Fu, S. and Trigilia, G. (2024) “Voluntary disclosure, moral hazard, and default risk.” Management Science, 70(6): 3447-3469 (DOI: 10.1287/mnsc.2023.4860)
- Bernhardt, D., Koufopoulos, K. and Trigilia, G. (2022) “Separating equilibria, underpricing and security design.” Journal of Financial Economics, 145(3): 788-801 (DOI: 10.1016/j.jfineco.2021.08.021)
- Bernhardt, D., Koufopoulos, K. and Trigilia, G. (2020) “Is there a paradox of pledgeability?” Journal of Financial Economics, 137(3): 606-611 (DOI: 10.1016/j.jfineco.2020.05.003)

