This 11-week programme provides participants with a thorough understanding of the past, present, and future of private equity as well as the opportunities and risks it presents for investors and insights into recent developments in emerging markets. Unlike many finance courses this is not an overly quantitative programme. While the discussion of valuation contains quantitative work, the main focus will be on analytics—especially qualitative factors.
Week 1:
Orientation
Week 2:
Types and Economics of Private Equity
Identify private equity financing opportunities, determine the value creation drivers in growth capital, development capital, leveraged buyouts, and distressed situations, and analyse the factors to take a private company public.
Week 3:
Introduction to the Private Equity Industry
Examine the history of private equity, analyse the types of companies and their motivation for investing in private equity and describe the various stages of private equity investing.
Week 4:
Opportunity and Risks for Investors
Determine what makes different private equity asset classes attractive to investors, analyse the performance and sustainability of private equity funds, and determine the impact of diversification on the asset.
Week 5:
Private Equity Financing and Investment Process
Determine the different stages for setting up and managing a fund, describe the investment process, (including business plan development and fundraising), and examine the potential issues and focus of conducting due diligence.
Week 6:
LBO Analysis and Valuation
Examine the principles of financial modeling, demonstrate the steps of LBO analysis, utilise the available valuation techniques, and discuss the process of negotiations.
Week 7:
After the Deal
Demonstrate valuing an LBO and examine managing an exit or alternative exit.
Week 8:
Private Equity Through the Credit Crisis and Industry Evolution
Examine the impact of the credit crisis on the private equity industry, analyse how private equity investors manage investments, and determine the ethical considerations in private equity investing.
Week 9:
Future of Private Equity
Examine the impact of recent trends on fundraising, investments, and performance, identify the structural differences between investments, and determine the developments in investing to monitor and manage.
Week 10:
Private Equity in Developing Markets
Describe the developments of private equity in emerging markets and discuss the roles in private equity industry.
Week 11:
Fund Organisation and Career Opportunities
Perform calculations for performance distribution, explain the differences between private equity firms and private equity funds, and identify the careers in the private equity industry.
Week 1:
Orientation
Week 7:
After the Deal
Demonstrate valuing an LBO and examine managing an exit or alternative exit.
Week 2:
Types and Economics of Private Equity
Identify private equity financing opportunities, determine the value creation drivers in growth capital, development capital, leveraged buyouts, and distressed situations, and analyse the factors to take a private company public.
Week 8:
Private Equity Through the Credit Crisis and Industry Evolution
Examine the impact of the credit crisis on the private equity industry, analyse how private equity investors manage investments, and determine the ethical considerations in private equity investing.
Week 3:
Introduction to the Private Equity Industry
Examine the history of private equity, analyse the types of companies and their motivation for investing in private equity and describe the various stages of private equity investing.
Week 9:
Future of Private Equity
Examine the impact of recent trends on fundraising, investments, and performance, identify the structural differences between investments, and determine the developments in investing to monitor and manage.
Week 4:
Opportunity and Risks for Investors
Determine what makes different private equity asset classes attractive to investors, analyse the performance and sustainability of private equity funds, and determine the impact of diversification on the asset.
Week 10:
Private Equity in Developing Markets
Describe the developments of private equity in emerging markets and discuss the roles in private equity industry.
Week 5:
Private Equity Financing and Investment Process
Determine the different stages for setting up and managing a fund, describe the investment process, (including business plan development and fundraising), and examine the potential issues and focus of conducting due diligence.
Week 11:
Fund Organisation and Career Opportunities
Perform calculations for performance distribution, explain the differences between private equity firms and private equity funds, and identify the careers in the private equity industry.
Week 6:
LBO Analysis and Valuation
Examine the principles of financial modeling, demonstrate the steps of LBO analysis, utilise the available valuation techniques, and discuss the process of negotiations.
