This course examines the private equity investment arena with a focus on investment approach, policies and practices, risks in the space, and historical returns. The private equity landscape has changed dramatically in the last three decades and this course gives participants a background in how the industry has evolved over time and what the current industry standards are. Differences between distinct areas of the industry are examined. Class participants review financial statements and regulatory filings from major publicly traded private equity firms such as Blackstone, Carlyle Group, and KKR.
Course Objectives
By the end of the course, the participants will be able to:
- Describe what private equity is
- Explain the investment approach of a private equity firm
- Discuss methods for private equity firms using debt to enhance returns
- Identify different verticals within the private equity industry
- Describe the typical private equity investor fee schedule
- Explain risks in the private equity model for both investors and portfolio companies
- Review the historical returns profile of major private equity groups
- Discuss the current landscape in the private equity field
- Describe emerging trends in the private equity universe
Prerequisites: None
Program Level: Foundational
Advance Preparation: None
Computers and Financial Calculators: N/A
Recommended CPE Credits: 7