Private Equity Foundation

PE Foundation course is composed of 4 sessions.

• Session 1 focuses on private markets, the different strategies, value chain, ecosystem and economics.
• The 2nd session focuses on the three dimensions of private markets investing, which will include concepts like liquidity, returns, risks, costs and benchmarking.
• In the 3rd session we will look into the asset allocation through different perspectives and approaches.
• The last session focuses on fundraising and marketing and will include information on the sources of funding, strategies, documentation, due diligence etc.

Session 1: Private markets

• Definitions
• Private equity, private debt, private real assets: strategies and instruments
• The private equity value chain
• Levels of intermediation: direct/co-investments, funds and funds of funds
• Funds, fund managers and ecosystem
• Functioning of a fund manager
• Economics
• Current debates: reputation, clichés and reality

Session 2: The three dimensions of private markets investing

• Liquidity: measurements and constraints
• Returns: measurements (IRR, MOIC, PME), comparison, dynamics and interpretation
• Risks and costs: measurements and limits
• Benchmarking: data sources, quartiles and limits
• Current debates: lines of credit, cost of unused capital

Session 3: Asset allocation and private markets

• Perspective on private markets: volumes, evolution, regions and strategies
• Setting up a portfolio
• Top-down and bottom-up approaches
• Illustration with real portfolios
• Current debates: numerator and denominator effects

Session 4: Fundraising and marketing

• Sources of funding - the LP universe
• Fund marketing strategy and the use of placement agents
• Documentation and due diligence
• Fund marketing and investor relations
• Most frequent terms
• Legal aspects and the effects of regulation on the marketing strategy

Online sessions with Q&A.

Certificate of completion & CPD points.