Corporate
Decoding Private Equity
“Both presenters were phenomenal! This was the most simplified and direct introduction to PE investors I’ve encountered. Would highly recommend this course to all coworkers!” – DPE Participant
Delivery:4 hours
Experience Level: Emerging M&A Pros | Mid-Career M&A Pros
What I Will Learn
- Unlock the private equity mindset—grasp their incentives, align interests, and drive better outcomes.
- Gain a deeper understanding how private equity firms operate.
- Distinguish private equity firms from other investment types.
- Explore how capital structure, primary & secondary capital, growth stage impacts due diligence plans.
- Develop an intuitive understanding of leveraged buyout (“LBO”) math and basics of valuation.
About the Course
Pull back the curtain to reveal the inner workings on how institutional private equity operates. Participants explore the motivations, tendencies, and trends of private equity professionals, so they can better advise, sell to, operate within, and negotiate with or against private equity firms.
Course Curriculum
- Financial vs. Strategic Investors
- Different Investor Types
- Where Investors Sit Along the Risk / Reward Continuum
- Understanding Primary vs. Secondary Capital
- Business Lifecycle and the Investment Continuum
- How Businesses are Valued
- Relative and Absolute Value
- Free Cash Flow (“FCF”)
- Three Sought-After Attributes of FCF
- Desirable Business Traits & Their Impact on FCF
- The Importance of Perspective
- Risk & Opportunity
- Billionaires Brawl
- Private Equity vs. Institutional Private Equity
- Private Equity vs. Public Equity Comparison
- Other Investor Types Similar to Private Equity
- Private Equity’s Prominence & Reach
- How a Buyout Works
- How Institutional PE Works
- Investment Horizon / Hold Period
- How PE Firms are Structured: A Simplified Example
- PE Firms as Broader Multi-Strategy Asset Managers
- PE Firm Activities
- The Investment Box
- The PE Deal Funnel
- AUM vs. Fund Size vs. Dry Powder
- Other People’s Money
- How PE Returns Are Measured
- The Three Ways PE Firms Make Money
- The LBO Compared to Other Common Valuation Techniques
- LBO Mechanics: A Conceptual View
- The Investor’s Lens Revisited
M&A Professions
- Financial Due Diligence
- Investment Banking
- Leveraged Lending
- Private Equity
It starts with a conversation
Benefits Obtained :
- Master the PE mindset
- Better Align Interest with PE
- CPE Credit
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Private Equity Primer is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBAregistry.org.