Master Private Equity from Elite Practitioners

This module includes lessons introducing private equity, covering topics like capital, fund structure, and roles.

Learn the initial stages of an auction process.

This module covers CIM review, real-world examples, a custom case study, Mini LBO model, and IOI process.

Understand the framework of diligence that you will be expected to lead in private equity.

The module explores case underwriting and LBO modeling for different scenarios.

Detailed walkthroughs of a real IC Memo and LOI, as the deal gets closer to the finish line.

Covers the final steps of wrapping up a deal, ensuring a smooth finish with no surprises.

This brief module dives into the responsibilities of the associate post-close.

Breaking down Distribution Waterfalls for you and discussing MOIC, non-compounding, and IRR hurdles using various examples.

In this opening module, we introduce the foundational concepts of debt and private credit, setting the stage for understanding the private credit market. The instructor provides an overview of what private credit is, why it exists, and the various types of private credit structures. Key aspects of debt, including interest rate mechanisms, loan pricing, and capital structures, are explored in detail. This module lays the groundwork for a deep dive into private credit, equipping participants with essential knowledge to navigate the market confidently.

This module explore core responsibilities and structure of roles within private credit, providing a clear understanding of the distinctions between originators and underwriters. Learners will explore the typical lifecycle of a private credit deal, including the auction process and annual deal funnel dynamics. The module also introduces key components of term sheets and their critical terms, offering insights into the frameworks that drive private credit transactions.

This module focuses on mastering the private credit interview process, providing a guide to typical interview stages, from initial screening to final rounds. Participants will gain insights into common qualitative and technical questions, along with strategies to approach them confidently. The module also includes a case study and a quick financial model example, equipping learners with practical tools to demonstrate their skills and stand out as strong candidates in the competitive private credit job market.

This module provides an in-depth exploration of the investment memo. Learners will examine the structure and key components of an investment memo, including initial screening, executive summary, sponsor and industry overviews, and company analysis. Detailed sections cover historical financials, risk assessments, and investment highlights. The module also introduces financial modeling techniques, such as cash flow scenarios and debt and equity return analyses.

This module focuses on the practical aspects of succeeding in a private credit role. Learners will explore key debt concepts and explore the structure and significance of credit agreements, including covenants, subsidiary provisions, and sacred rights. Through detailed examples, participants will gain a clear understanding of how to navigate and apply these elements in real-world scenarios.

In this opening module, learners are introduced to the course structure, objectives, and key topics that will be covered throughout the course. The instructor provides an overview of the secondaries private equity market, its significance, and the skills learners will develop. This session sets the stage for an engaging and insightful learning journey, equipping participants with a roadmap for success in mastering secondaries private equity.

This module introduces secondary private equity, where Limited Partners (LPs) sell their stakes in private equity funds to secondary investors. We explore the structure of private equity funds, the roles of General Partners (GPs) and LPs, and the reasons LPs seek liquidity, such as portfolio rebalancing or market downturns. The module covers how secondary transactions work, including the approval process from GPs, and the importance of secondary markets in providing liquidity for long-term private equity investments.

This module covers the key benefits of secondary private equity investing, including J-curve mitigation, reduced blind pool risk, potential discounts, and immediate diversification. We explore how secondary investors gain earlier distributions and higher IRRs by entering funds later, while also understanding challenges like fee-on-fees and limited upside compared to primary investing.

This module dives into the mechanics and strategies of GP-led secondaries, exploring their structure, key drivers, and market dynamics. Learners will examine various transaction types, including continuation vehicles, fund financing, strip sales, and tender offers, alongside their illustrative structures. The module also provides insights into the secondary investor universe, covering both equity and debt investors, offering a comprehensive understanding of GP-led secondary transactions in private equity.

This module summarizes the processes and characteristics of GP-led and LP-led secondary transactions. Through illustrative examples, learners will explore a typical LP-led transaction and a single-asset continuation vehicle in a GP-led process, gaining a clear understanding of the distinctions and key steps involved in each approach.

This module explores secondary markets beyond traditional private equity, including infrastructure funds, private credit secondaries, and GP stakes. Learners will examine innovative financing solutions such as preferred equity, NAV financing, and GP-level financing. The module highlights how these markets facilitate liquidity, support fund investments, and offer access to management fees and carried interest.

This module provides a comprehensive guide to the interview process for secondaries private equity roles. Learners will gain insights into typical interview rounds, including non-technical discussions with sample questions and answers, as well as technical questions focused on LP-led and GP-led transactions. The module equips candidates with the knowledge and frameworks needed to excel in interviews for secondaries private equity firms.

This module covers an LP-led secondary case study of a mid-market buyout fund sold by a pension. It includes building a financial model to evaluate returns and GP economics, preparing an Investment Committee memo with the thesis, risks, and diligence questions, and a 5-hour Excel walkthrough packed with practical modeling techniques. The module provides a complete framework for analyzing and executing LP-led secondary transactions.

This module includes a hands-on case study focused on a GP-led secondary transaction involving a continuation vehicle acquiring a pasta manufacturer from an existing fund. Build a financial model from scratch with 5+ hours of guided walkthroughs, then prepare an Investment Committee memo outlining the thesis, risks, and recommendation. By the end, participants will gain practical skills to evaluate, model, and present GP-led secondary deals.

Learning to navigate and leverage the power of Excel to its fullest potential is a foundational skill to any career that requires you to analyze and deal with numbers or large datasets.

In this course, you have an all-encompassing guide walking through the financial statements of several companies and learn how the three financial statements are interconnected.

Use this course to learn advanced PowerPoint techniques and shortcuts to improve your efficiency and efficacy when making slide decks, a foundational skill to careers such as Consulting or Investment Banking.

This course provides a structured approach to navigating SEC filings and understanding financial statements. It aims to empower you to make informed decisions by uncovering key insights from these documents.

This Course is your ticket to streamlining and analyzing large datasets through automation, featuring hands-on exercises and a real-world case study.

Comprehensive course teaches financial statement modeling using Nike case study for building 3-statement models and linking financial statements.

The most comprehensive course on DCF modeling including theory and practical lessons, with a detailed step-by-step real-life case study.

Learn how to value companies using precedent transactions. Get access to exclusive templates while working through a real-life case study.

In this course, learn about both sell-side and buyside M&A transactions as well as a detailed case study and M&A modeling.

This course will teach you everything you need to know about modeling leveraged buyout transactions (critical for private equity recruiting).

Learn how to value companies using trading comps. Find out the sources of data you can use while working through a real-life case study.