Private Equity and Venture Capital Training Course

Participants can assess how private equity sponsors create value across different transaction types.

• Buyout, growth equity, turnaround and distressed-investment transaction characteristics
• Value-creation plans covering revenue growth, margins, working capital and exits
• Sponsor control rights, board representation and operating-partner involvement
• Debt capacity assessed through cash conversion, covenants and downside cases
• Sources-and-uses schedules linking purchase price, debt and equity funding
• Entry multiple, earnings growth and deleveraging attribution to equity returns

Participants can evaluate early-stage investment opportunities, financing rounds and dilution outcomes.

• Seed, Series A, growth-stage and late-stage financing objectives
• Total addressable market estimates using top-down and bottom-up methods
• Founder assessment, product-market fit and customer-concentration review
• Venture-capital method linking exit value, ownership and target returns
• Pre-money and post-money valuation calculations for equity rounds
• Syndication, follow-on reserves and pro-rata participation decisions
• Dilution waterfalls from option pools, new shares and subsequent rounds

Participants can compare hedge-fund strategies, risk exposures and manager performance measures.

• Long-short equity, global macro, event-driven and relative-value strategies
• Alpha, beta, correlation and downside capture in hedge-fund evaluation
• Sharpe ratio, Sortino ratio and maximum drawdown interpretation
• Gross exposure, net exposure and factor concentration analysis
• Lock-ups, gates, side pockets and redemption-notice provisions
• Operational due diligence covering valuation, custody and counterparty arrangements

Participants can develop an evidence-based investment thesis and identify critical commercial risks.

• Investment thesis framed around market, company, value creation and exit
• Porter's Five Forces applied to competitive intensity and pricing power
• Customer cohort analysis revealing retention, churn and unit economics
• Market sizing triangulated from industry data, customer research and sales evidence
• Management interviews tested against operating metrics and reference checks
• Red-flag registers ranking commercial risks by probability and impact
• Downside cases built from volume, price, margin and timing assumptions

Participants can apply and reconcile core private-company valuation methods and return measures.

• Discounted cash flow valuation using unlevered free cash flow forecasts
• Weighted average cost of capital derived from market comparables
• Comparable-company analysis using EBITDA, revenue and earnings multiples
• Precedent transactions adjusted for control premiums and market conditions
• Venture-capital valuation using target IRR and expected exit value
• MOIC and IRR calculated from investment, follow-on and exit cash flows
• Sensitivity tables testing entry price, growth, margins and exit multiples

Participants can interpret principal deal terms and assess their effect on value, control and returns.

• Term-sheet clauses defining price, securities, governance and closing conditions
• Liquidation preferences modelled through participating and non-participating structures
• Anti-dilution provisions compared using weighted-average and full-ratchet approaches
• Drag-along, tag-along and pre-emption rights assessed for minority investors
• Waterfall analysis allocating proceeds among preference and common shareholders
• Debt covenants, security packages and intercreditor priorities in buyouts
• Representations, warranties and indemnities allocated through transaction documents

Participants can evaluate fund terms, alignment mechanisms and manager-selection evidence.

• Limited partnership agreement terms governing commitments, investment periods and extensions
• Management fees calculated on committed capital, invested capital and NAV
• Carried interest waterfalls using European and American distribution models
• GP commitment, key-person clauses and no-fault divorce provisions
• ILPA Due Diligence Questionnaire applied to governance and disclosure review
• Track-record attribution separating realised, unrealised and attributed performance
• Reference checks covering team stability, sourcing access and operational controls

Participants can establish monitoring and governance processes for a private-markets portfolio.

• Vintage-year diversification reducing concentration across investment cycles
• Pacing plans forecasting commitments, capital calls and expected distributions
• Liquidity budgets aligned with treasury reserves and unfunded commitments
• IPEV Valuation Guidelines applied to fair-value review evidence
• Quarterly monitoring dashboards tracking NAV, TVPI, DPI and IRR
• Investment-committee reporting covering performance, exceptions and required decisions
• Conflict-of-interest controls for co-investments, valuations and related-party transactions

Participants can prepare a decision-ready recommendation with exit scenarios and implementation actions.

• Trade sale, secondary sale, IPO and recapitalisation exit routes
• Exit-readiness assessment covering financial reporting, governance and buyer diligence
• Scenario analysis comparing hold, partial-sale and full-exit outcomes
• Investment memoranda structured around thesis, evidence, risks and recommendation
• Decision rights and approval thresholds mapped for investment committees
• Post-investment action plans assigning monitoring, escalation and review responsibilities