Curriculum
Section 1: Private Equity Fund
1 What is Private Equity?
2 Private Equity Fund
Section 2: Fees in Private Equity
3 Fees in Private Equity
Section 3: Returns in Private Equity
4 Returns in Private Equity
Section 4: Deal Structuring
5 Deal Structuring- Pre & Post Money
6 Deal Structuring- Preferred shares
7 Deal Structuring- Participating preferred shares
8 Deal Structuring- Multiple Liquidation Preference
9 Deal Structuring- Other Structures
Section 5: Private Equity strategies and investments
10 Deal Structuring (Excel File)
11 Private Equity strategies
Section 6: Role of banks in Private Equity
12 Private Equity investments
Section 7: Value of private equity investments
13 Role of banks in Private Equity
Section 8: Private equity structuring
14 Value of private equity investments
15 Private equity structuring
16 Financial Engineering
Section 9: Private Placement Memorandum
17 Buy shares or assets
Section 10: Fund Structure and Investment Process
18 Private Placement Memorandum
19 Fund Structure- Flow of Money
20 Fund Structure and organization
21 PE often use a fund structure
22 Investment Process- Approach the Private Equity Firm
23 Investment Process- Approach the Private Equity Firm Continues
24 Investment Process- Inquiries and Negotiations
25 Investment Process- Due Diligence
Section 11: Refinancing and exits of PE
26 Investment Process- Final Negotiation and Completion
Section 12: Fund Managers Perspective
27 Investment Process- Exit routes
28 Fund Managers Perspective- Points to consider
29 Fund Managers Perspective- Bid-Ask spread
30 Relevance of term sheet
31 Process to bridge Bid-ask gap
Section 13: Private Equity Financial Modelling
32 Post investment performance
33 Introduction to Financial Modelling
Section 14: Cost Sheet
34 Revenue Build up sheet
35 Cost Sheet- Direct Costs
Section 15: Working Capital Management
36 Cost Sheet- Indirect Costs
37 Working capital schedule- Historical ratios
Section 16: Depreciation schedule
38 Working capital schedule- Projecting
39 Depreciation schedule- Capital expenditures
40 Depreciation schedule- Forecast depreciation
Section 17: Amortization schedule
41 Depreciation schedule- Linkages
42 Amortization schedule
Section 18: Shareholders equity schedule
43 Completing the Income statement
44 Shareholders equity schedule
Section 19: Debt schedule
45 Completing the Balance sheet and Cash flow
46 Debt schedule- Calculate the cash available for debt
Section 20: Pre- Money Valuation
47 Debt schedule- Linkages
48 Calculation of FCFF and Beta
49 Calculation of WACC
Section 21: Post- Money Valuation
50 Calculating the Equity Value
Section 22: IRR and Comparable company analysis
51 Preparing the Cap table
52 IRR analysis
Section 23: Term Sheet
53 Comparable company analysis
54 Term sheet- Capital structure
55 Term sheet- Conditions and Covenants
56 Term sheet- Drag and tag along rights
57 Term sheet- Other terms and provisions
