The workshop will consist of three modules. The first is about issues faced by investors interested in Private Equity (PE) as an asset class. The second and third module will look separately at the challenges and opportunities of Venture Capital (VC) and Leveraged Buyouts (LBO).

Day One

Module One: Investing in PE funds

• Forms, fund structures (including the PE agreement), nomenclature, fees and compensation structure

• Risk and return of PE funds

• Incentive arrangements in PE

• PE funds raising money from investors

Day Two

Module Two: PE funds financing new ventures

• Characteristics of VC companies, terminology, stages, value-adding activities

• VC contracting provisions, hurdle rates

Module Three: PE funds financing (leveraged) buyouts

• Value-adding activities

• Financing forms, capital structure