This is a program under Investment Banking,covering the entire Private Equity life cycle. It includes an overview of Mergers and Acquisitions,and a section on Project Finance.
|Private Equity - An Overview||What is Private Equity (PE)? - An overview of PE.You will come to know the differences between PE and 'Venture Capital', and nature of risks associated with them.Investments - Classification -1. Equity Investments: A description of equity investment and its classification basis the 'Growth Stages' of an investment.2. Debt Investments: A description on debt instruments such as - 'Mezzanine', 'Distressed Debt'.3. 'Buy Out' Investment: A discussion on buy out investments such as - 'Leveraged Buy Out' and 'Turn Around Investment'.Valuation: A brief discussion on valuation as a fundamental point in a PE investment and its relation to risk.Portfolio Construction: Discussion on the Portfolio Construction and its various stages, such as - 'Planning', 'Implementation' and 'Ongoing Monitoring and Administration'.Cashflows in PE: A discussion on how fund administrators are required to have procedures in place to accommodate the cash flows reliably and efficiently.Mark to Market of PE Investments: A discussion on the realisation of the gains in a PE investment through various channels, such as - 'Private Equity Fees','Management Fees','Percentage of Profits','Cash Flow Distribution'.|
Investor Profile: A brief description of the profiles of investors interested in PE investements.
|How Private Equity Works?||Offshore PE Fund - Structure: A detailed discussion on the role of various components in an 'Off Shore PE Fund', such as - 'End Investors','Funneling Vehicles','Fund Vehicles','Fund Manager','Indian Advisory Company', and 'SPVs'.|
PE Deal Cycle: A detailed discussion on the various stages of a PE deal, such as - 'Setting up an LLP','Preparing Private Placement Memorandum','Limited Partnership Agreement' and 'Fund Raising'.
|Investment Phase||The Investment Advisor: A detailed discussion on the role of an investment advisor and key responsibilities of its team in a PE investment, such as - 'Identifying the Investment Opportunities','Evaluating and Structuring of the Investment Opportunity', etc..|
Term Sheet: A detailed discussion on Preparing the Term Sheet, Investor Rights, Agreements, Employee Stock Option Plan and Due Diligence.
|Post Investment Monitoring & Exit|
Post Investment Monitoring: A discussion on role of investment advisor and investor company.
|Private Equity Investment in Real Estate: Case Study|
Roles and responsibilities of investment advisor and fund manager, Developer analysis of the project, Investor analysis of the project, Risk and return matrix for the project and Valuation.
|Valuation||Concept: Definition and need for ValuationsMethods: DCF,Relative Valuation|
Case Study: A detailed exercise of valuation using DCF for Titan Industries.
He is currently an associate at a Private Equity FirmHe has been in Private Equity, making investments of over $ 30M in the real estate sector, and currently works in a real estate PE firm, in Mumbai.