1. Category
  2. Duration
  3. Global coverage
  4. Navigation
Green vertical standing travel suitcase with extended handle

Our bags are packed

Our courses are intended for a global audience, with each one being completely customisable to suit the needs of the individuals it is being delivered to.

They can be delivered in London or in your home town. You decide.

Get in touch

Introduction to Private Equity

  • Banking and Financial Markets, Corporate Finance, Risk and Credit
  • Duration: One day
  • Information

    An introduction to the concepts of Private Equity, looking at private equity vs venture capital, company valuation, buyout structures, legal considerations and key investment criteria.


    Session 1:

    Background to Private Equity

    • Background to growth of the private equity market

    • How private equity differs from venture capital

    • New trends for management buyouts

    • Motivations of different parties and potential for conflicts of interest

    • How funds are structured, expected returns and fees

    • Key terminology

    • Case study: Transaction types (MBO, MBI, BIMBO, IBO, P2P, LBO, LBU, SBO)

    Session 2:

    Structuring and Pricing a Buy Out

    • What influences Internal Rate of Return (IRR)

    • Key aspects of structuring and typical structures across small to large deals

    • The different types of debt: senior, second lien, mezzanine, high yield bonds

    • The importance of loan characteristics - amortisation/bullet, PIK

    • Equity considerations and special features of management equity

    • Case study: Attractions and risks of a UK buyout

    • Case study: Simple IRR

    • Case study: Structuring the amount and type of debt for an MBO

    Session 3:

    Legal Considerations

    • NewCo’s and the reasons for use of Special Purpose Vehicles

    • Financial Assistance and impact of the Companies Act 2006

    • Structural vs. Contractual Subordination

    • Lender considerations and debt pushdown

    • Due diligence and documentation

    • Case study: Matching up documentation requirements

    Session 4:

    Achieving a successful buyout

    • Factors influencing the investment decision

    • It’s all about exit and IRR - exit routes for the sponsor and how they’ve been changing

    • Non-financial input by the sponsor

    • Key factors in selecting buyouts

    • Why buyouts work and don’t work

    • Reasons for failure

    • Case study: Review of buyout candidates to select potential winners

    • Case study: Options when things go wrong

    Course Close

    Register interest

    As every course we run is tailored to meet the specific needs of each client, we can only provide an estimate after fully understanding your specific requirements. Please complete the form below of call +44 (0) 208 894 4977 to discuss how Taylor Associates can help you.

    * indicates a required field

    Personal details
    Company details
    Your enquiry