32763 - Private Equity and Structured Finance

Academic Year 2017/2018

  • Docente: Simona Zambelli
  • Credits: 6
  • SSD: SECS-P/11
  • Language: English
  • Teaching Mode: Traditional lectures
  • Campus: Forli
  • Corso: Second cycle degree programme (LM) in Economics and management (cod. 9203)

Learning outcomes

The purpose of the course is to provide students with the financial instruments to manage the riskiness underlying the financing of high growth potential firms within the context of private equity, merchant banking and buyouts. A special focus is reserved to the riskiness underlying the entire investment cycle (VC cycle) employed by investors, which includes the following phases: fundraising; selection and evaluation; business and financial planning; negotiation; deal structure; financing; operation, and exit. At the end of the course, students learn the financial instruments employed by venture capitalists to effectively address the problems of asymmetric information and riskiness involved in private equity financing.

Course contents

ATTENTION: This course is strictly connected and integrated with the course "Due Diligence Lab", so you are requested to attend both courses.

Private Equity and other forms of financing innovation

Crowdfunding and Project Finance

Venture Capital Cycle:

fundraising;

selection and evaluation;

business and financial planning;

negotiation;

deal structure;

financing;

operation,

exit

Readings/Bibliography

A special course package will be provided to attending students. Please come to the first class of the course for all details.

For non attending students the recommended book is the following: Cumming and Johan, Private Equity Contracting

(Non attending students are strongly suggested to come to the first class of the course to get all details they need).


Teaching methods

The course is both theoretical and applied to business cases studies.

Assessment methods

Written exam

Links to further information

https://sites.google.com/site/simonazambellihomepage/home/teaching-activity

Office hours

See the website of Simona Zambelli