Actualités et agenda
Nos formations
Établissement
Langue d'enseignement
English
Matières
FINANCE
Responsable(s)
A.CHADZILIAS
Intervenant(s)
Argy CHATZILIAS
Présentation
Prérequis
Basic knowledge of financial analysis eg understanding the key components of balance sheet, cash flows, profit & loss
Knowing about how the Discount Cash Flow methodology works is an advantage
Knowing about how the Discount Cash Flow methodology works is an advantage
Objectifs
At the end of the course, the student should be able to:
- Understand the best practices employed in the Private Equity (PE) industry, venture capital (VC), growth equity and buyouts in the context of the broader economy
- Delve into the PE / VC investment process, evaluating and balancing the risks and return
- Breakdown complex organizational problems using the appropriate methodology
- Organize change management processes
- Appraise the performance of a team
- Demonstrate an expertise on key concepts, techniques and trends in their professional field
- Understand the complexities of a PE deal are explored from an operational and strategic perspective
- Discuss about the key features of PE corporate governance
- Help interested students and professionals to support them in entering the PE eco-system
- Understand the best practices employed in the Private Equity (PE) industry, venture capital (VC), growth equity and buyouts in the context of the broader economy
- Delve into the PE / VC investment process, evaluating and balancing the risks and return
- Breakdown complex organizational problems using the appropriate methodology
- Organize change management processes
- Appraise the performance of a team
- Demonstrate an expertise on key concepts, techniques and trends in their professional field
- Understand the complexities of a PE deal are explored from an operational and strategic perspective
- Discuss about the key features of PE corporate governance
- Help interested students and professionals to support them in entering the PE eco-system
Présentation
1.A brief history of global private equity (PE) and introduction to the institutional PE market—from early-stage venture capital to growth equity and leverage buyouts (LBOs)
2.Alternative PE strategies focused on investing in distressed businesses and real assets
3.Deal Sourcing and Due Diligence - identifying the right deals and creating a pipeline of deal opportunities
4.Getting entry target valuations right/valuation methods. Discussion of multiple valuation
5.Deal Structuring
6.Deal Execution and Documentation, subordination (PIK and Mezzanine) and economic and control rights.
7.Post-investment period - PE initiatives for operational value creation.
8.Exit - the key considerations for a successful exit strategy.
2.Alternative PE strategies focused on investing in distressed businesses and real assets
3.Deal Sourcing and Due Diligence - identifying the right deals and creating a pipeline of deal opportunities
4.Getting entry target valuations right/valuation methods. Discussion of multiple valuation
5.Deal Structuring
6.Deal Execution and Documentation, subordination (PIK and Mezzanine) and economic and control rights.
7.Post-investment period - PE initiatives for operational value creation.
8.Exit - the key considerations for a successful exit strategy.
Modalités
Organisation
| Type | Amount of time | Comment | |
|---|---|---|---|
| Présentiel | |||
| Cours magistral | 4,00 | ||
| Cours interactif | 8,00 | ||
| Travaux dirigés | 4,00 | ||
| Autoformation | |||
| Lecture du manuel de référence | 8,00 | ||
| E-Learning | 4,00 | ||
| Recherche | 8,00 | ||
| Travail personnel | |||
| Group Project | 6,00 | ||
| Individual Project | 4,00 | ||
| Charge de travail personnel indicative | 4,00 | ||
| Overall student workload | 50,00 | ||
Évaluation
30% Participation: discuss case studies, answer inclass questions, solve exercises
30% Group presentation
40% Written final exam
30% Group presentation
40% Written final exam
| Control type | Duration | Amount | Weighting |
|---|---|---|---|
| Contrôle continu | |||
| Participation | 16,25 | 1 | 30,00 |
| Examen (final) | |||
| Examen écrit | 2,00 | 1 | 40,00 |
| exposé | |||
| exposé | 0,25 | 1 | 30,00 |
| TOTAL | 100,00 | ||
Ressources
Bibliographie
The course material (articles and cases) will be distributed electronically before the beginning of the course. -
Geoff Yates, Mike Hinchliffe (2010, Law Practitioner Series) - A Practical Guide to Private Equity Transactions -
Prahl, Michael_ White, Bowen_ Zeisberger, Claudia (2017, John Wiley & Sons) - Mastering Private Equity_ Transformation via Venture Capital, Minority Investments and Buyouts -
David P. Stowell (2017, Academic Press) - Investment Banks, Hedge Funds, and Private Equity -
McKinsey & Company (2018). The-rise-and-rise-of-private-markets David Carey, John E. Morris - King of Capital_ The Remarkable Rise, Fall, and Rise Again of Steve Schwarzman and Blackstone (2010, Crown Business) -
Geoff Yates, Mike Hinchliffe (2010, Law Practitioner Series) - A Practical Guide to Private Equity Transactions -
Prahl, Michael_ White, Bowen_ Zeisberger, Claudia (2017, John Wiley & Sons) - Mastering Private Equity_ Transformation via Venture Capital, Minority Investments and Buyouts -
David P. Stowell (2017, Academic Press) - Investment Banks, Hedge Funds, and Private Equity -
McKinsey & Company (2018). The-rise-and-rise-of-private-markets David Carey, John E. Morris - King of Capital_ The Remarkable Rise, Fall, and Rise Again of Steve Schwarzman and Blackstone (2010, Crown Business) -
Ressources Internet