BUS 485 / BUS 685 - Private Equity Investing
The course provides an overview of the private equity industry from the perspectives of actual industry participants: private equity fund managers, limited partners, investment bankers, commercial lenders, corporate lawyers, portfolio company managers, and other advisers to private equity funds. The course is divided into four modules. The first module focuses on how private equity firms develop investment strategies and raise capital, and how investors (limited partners) decide how, whether, and in which private equity firms to invest. The second module provides an overview of the “nuts and bolts” of private equity: sourcing attractive companies, negotiating with sellers, structuring the deals and financing the transactions. The third module focuses on the methods private equity managers use to add value to portfolio companies operationally and transactionally. The fourth and final module provides an overview on how to exit an investment through a public offering or sale to a strategic or financial buyer. The audience for the course is students interested in private equity, entrepreneurship, investment banking, institutional investing, and commercial banking.