The first day of the course provides an introduction to Private Equity in general and the Venture Capital market in particular. It examines the roles of each of the key players in a deal, the typical structuring issues and parameters, the key stages of the investment process as well as the main issues affecting the deal.
It examines best practice for the structure of VC investments, the different processes which they may deploy in terms of their participation in the valuation, financing and monitoring of the companies in which they invest, as well as the current state of the market, exits, and the future of the industry as a whole.
The second day of the course deals with a number of related issues. First, it provides participants a template for identifying the key risks and opportunities in a private acquisition (not P2P). Second, it will impart a thorough understanding of the mechanics of Private Equity (excluding venture capital), covering the key terms and structures used by PE Funds and how this affects their approach to the deal and the financing. Third, it describes and explains the various financing methods and techniques used by PE firms in Leveraged deals.
Participants will also be sent an Excel model which will be used in various case studies during the programme to develop an appropriate capital structure. Reference will be made to topical issues and data during the course (e.g. European Directories) and topics will be reinforced with case studies.
The overall programme will benefit those in Private Equity, Leveraged Finance, Debt Advisory and Restructuring. The programme adopts a pan-European approach to the topic but the presenter is able to discuss issues relevant in the USA and Asia in view of his exposure to those markets. The course includes exercises, case studies and many references to past investments.