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Course ID: | FINA 4420/6420. 3 hours. | Course Title: | Private Equity | Course Description: | Private equity investing has become a major factor in the
capital markets. We study the performance, compensation, and
legal structure of the general partner and its underlying
funds. This includes the motivations and decision process of
the limited partners, typically large institutional investors,
the source of private equity capital. | Oasis Title: | Private Equity | Duplicate Credit: | Not open to students with credit in FINA 4420E or FINA 6420E | Undergraduate Prerequisite: | (FINA 3000 or FINA 3000E or FINA 3000H) and FINA 4200 | Graduate Prerequisite: | FINA 7010 | Semester Course Offered: | Offered every year. | Grading System: | A-F (Traditional) |
| Course Objectives: | This course examines the private equity marketplace. Private
equity is a major source of capital for both new ventures and
established firms. Private equity is the investment of capital
in the equity of private companies to fund growth or in public
companies to take them private. Since its origins after World
War II, the size of the private equity market has grown
substantially and has become institutionalized. It is a core
part of the capital markets, raising over $250 billion in
2012. The objective of this course is to provide an overview
of the private equity market from the differing perspectives of
private equity investors (limited partners), private equity
fund sponsors (general partners), and the managers of portfolio
companies by focusing on the nature of the market and the
strategies employed. | Topical Outline: | 1. Requirements of the sources of capital that invest in
funds (sovereign funds, pension funds, endowments, insurance
companies, family offices, fund of funds)
2. Requirements for being a successful fund
3. The role of gatekeepers and consultants
4. The measurement of success of a fund
5. Current portfolio deal structure
6. The diminishing role of the hedge funds in private equity
investments
7. The merger of private equity, hedge, and venture capital
funds
8. The drastic changes in the debt market and its impact on
deals today
9. International fund investing
10. What it means to work for a top-quartile fund and how to do
it | |
Course ID: | FINA 4420E/6420E. 3 hours. |
Course Title: | Private Equity |
Course Description: | Private equity investing has become a major factor in the capital markets. We study the performance, compensation, and legal structure of the general partner and its underlying funds. This includes the motivations and decision process of the limited partners, typically large institutional investors, the source of private equity capital. |
Oasis Title: | Private Equity |
Duplicate Credit: | Not open to students with credit in FINA 4420 or FINA 6420 |
Nontraditional Format: | This course will be taught 95% or more online. |
Undergraduate Prerequisite: | (FINA 3000 or FINA 3000E or FINA 3000H) and FINA 4200 |
Graduate Prerequisite: | FINA 7010 |
Grading System: | A-F (Traditional) |
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Course Objectives: | This course examines the private equity marketplace. Private
equity is a major source of capital for both new ventures and
established firms. Private equity is the investment of capital
in the equity of private companies to fund growth or in public
companies to take them private. Since its origins after World
War II, the size of the private equity market has grown
substantially and has become institutionalized. It is a core
part of the capital markets, raising over $250 billion in
2012. The objective of this course is to provide an overview
of the private equity market from the differing perspectives of
private equity investors (limited partners), private equity
fund sponsors (general partners), and the managers of portfolio
companies by focusing on the nature of the market and the
strategies employed. |
Topical Outline: | 1. Requirements of the sources of capital that invest in
funds (sovereign funds, pension funds, endowments, insurance
companies, family offices, fund of funds)
2. Requirements for being a successful fund
3. The role of gatekeepers and consultants
4. The measurement of success of a fund
5. Current portfolio deal structure
6. The diminishing role of the hedge funds in private equity
investments
7. The merger of private equity, hedge, and venture capital
funds
8. The drastic changes in the debt market and its impact on
deals today
9. International fund investing
10. What it means to work for a top-quartile fund and how to do
it |
Syllabus: No Syllabus Available
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