SKIP TO CONTENT
The portal for lifelong-learning
LU
DE
EN
FR
PT

Multi-Strategy & Fund of Funds (FoF)

5,5 hour(s)

3 sessions of 1h30' and 1 session of 1h

Objectives

In the 1st session, we are going to discuss the governance and key terms for PE and VC funds. During the 2nd session, we are going to deep dive into portfolio management; its role, the design process, etc. In addition, we are going to speak about the Fund-of-funds investing and how you can monitor these funds. For the end of the module, we have planned the analysis of a case study.

Content

Session 1: Governance & key terms for PE and VC funds - the institutional investors' perspective
  • General framework

1. Main documentation
2. Typical Fund Structure
3. Main concerns of sophisticated investors

  • Investor protection

1. Key executives
2. Change of control
3. Removal of the manager
4. Advisory Board
5. Exclusivity and conflicts

  • Economic terms

1. Alignment of interests
2. Management fee
3. Distribution and allocations
4. Expenses

Session 2: Portfolio Management
  • Introduction to portfolio management
  • The role of the target portfolio in driving primary & secondary investments, fundraising activity & risk management
  • Target portfolio design process
  • Setting objectives
  • Breaking down the investment universe into asset classes
  • Developing forward-looking performance expectations
  • Quantitative optimization
  • Investment constraints
    • Example of portfolio management application
Session 3: Investing in PE / VC funds and monitoring them
  • What is Fund-of-funds investing?
  • How to conduct a rigorous screening and due diligence process on PE / VC funds
  • How to deliver on your mandate obligations whilst ensuring alignment of interest with your fund partners?
  • The importance of diligent monitoring to minimize downside but also maximize value creation, incl. competitive advantages to gain access to the best funds
Session 4: Case Study: PE Multi-Strategy & Fund-of-Funds
  • Primary Fund investments
  • Direct Co-investments
  • Direct Secondaries
  • Portfolio construction
  • Performance
Teaching methods

Onlive, live session with Q&A.

Assessment

Certficate, diploma

Certificate of completion and CPD points.

Share this content

 



Responsibility for the content of this training description lies solely with its author, the training provider Luxembourg Private Equity & Venture Capital Association.

Print Expand/Collapse all Send to a friend
Characteristics
Level Avancé
Organisation Blended learning
Teaching aids

All the sessions will be recorded and the participants will have access to the recordings after the end of the module.

Languages
Use of cookies

lifelong-learning.lu uses cookies to offer you a quality user experience, measure audiences, optimise functions on social media, and offer you personalised content.

By continuing to browse this website, you accept the use of cookies subject to the conditions provided for in our policy on the subject. Find out more.

Essential cookies
These cookies make it possible to use the main functions of our website (including access to your personal space). Normal use of our website is not possible unless these cookies are enabled.
Statistics
These cookies make it possible to compile statistics on visits to our website. Disabling them stops us monitoring and improving the quality of the services we provide.
Targeted advertising
These cookies make it possible to provide you with information via the Internet and the social media, with offers of training that match your needs.

Read our policy on the use of cookies.

Accept all Manage your cookie settings
Veuillez patienter...