Private Equity training

Prerequisites

No prior knowledge required

Objectives

◗ Identify the main financing tools used in private equity.

◗ Distinguish between debt and equity by analyzing their impact on the company’s financial structure.

◗ Interpret the financial and accounting impacts of hybrid instruments and structured packages to better understand the levers of value creation and the associated risks.

Training program

◗ Understanding the sources and logic of corporate financing

– Overview of financing by company maturity
– Pecking order: self-financing, debt, hybrid securities, equity
– Shadow banking (Non-bank financial intermediation)
– Sustainable and socially responsible financing
– Crowdfunding
✔ UNDERSTAND | Illustration: diagram of the life cycle and financing needs
✔ UNDERSTAND | Illustration: the role of non-bank financial intermediaries (NBFI) in overall financing
✔ APPLY | Drag-and-Drop: match financing types with company types

◗ Identifying the specifics of private equity

– Types: seed funding, growth capital, LBO
– Key Players: LP (Limited Partners), GP (General Partners), funds, management companies
– Fundraising Process and Contractual Structure
✔ UNDERSTANDING | Illustration: How an LBO Fund Works

◗ Understanding Hybrid Instruments and Complex Securities

– OCA, ORA, OBSA, preferred stock, perpetual debt, …
– Distinguishing Between Debt and Equity: A Challenge for Issuers
– Risks, dilution, cost of capital, specific clauses
✔ UNDERSTAND | Analysis of hybrid maturity schedules
✔ APPLY | Case study: Classify various instruments according to their accounting treatment
✔ UNDERSTAND | Brainstorming: What are the benefits for a company of issuing hybrid financing?
✔ UNDERSTAND | Review of disclosures by publicly traded companies

◗ Understanding deconsolidating structured finance

– Securitization, trusts, special-purpose entities (SPV/SPE)
– Guarantees, collateral, IFRS 10 and 12 restatement
– Hidden risks, control, balance sheet impact
✔ UNDERSTAND | Illustration: Structured financing arrangement based on an asset (e.g., an aircraft or a trade receivable)
✔ APPLY | Case study: Analyze the effects of a non-recourse securitization on a group’s balance sheet
✔ EVALUATE | Quiz: Conditions for “deconsolidation” of a transferred receivable

Why choose this course?

When structuring long-term debt, as in a private equity transaction, specific instruments may be implemented (hybrid financial instruments, management packages, etc.). The impact of these instruments on financial statements is often complex.

This training course helps participants understand the key issues and explain the implications in terms of financial reporting.

Teaching and assessment methods

Before the training: Submit your expectations via your online portal 15 days before the training begins and complete a self-assessment of your skills.

Teaching Methods: A variety of teaching methods to cater to different learning styles, encourage active participation, and reinforce learning through experimentation and practice.

Educational materials: presentation materials, reference materials (summary sheets, tables, etc.), and other resources available in your account.

During the training: theoretical concepts are alternated with examples drawn from real-life cases. Participants are given the opportunity to engage in role-playing exercises. Numerous practical exercises allow participants to demonstrate their mastery of the skills as the training progresses.

Training monitoring and evaluation: attendance sheet and certificate of completion. Immediate and post-training evaluations conducted using the LearnEval platform.

Price

1 295 € EXCL. TAX

Testimonials

Private Equity training

Jonathan C.
Company
Training

Generalist trainings

Private Equity training