- Docente: Massimiliano Marzo
- Credits: 9
- SSD: ECON-09/B
- Language: English
- Teaching Mode: In-person learning (entirely or partially)
- Campus: Forli
- Corso: Second cycle degree programme (LM) in Business Administration and Sustainability (cod. 6797)
Learning outcomes
The purpose of this course is to analyze the steps of the evaluation process and value creation employed by private equity and venture capital investors in the investment proposals they receive, and subsequently in companies where they decide to invest. A special focus is reserved to the role that institutional investors such as venture capital funds have in assisting these companies during this process. At the end of this course students should be able to: 1. Understand why venture capital and private equity investors are important and how are they structured 2. Comprehend the different phases of the venture capital and private equity cycle, namely: fundraising, selection and evaluation, business and financial planning, negotiation, deal structure, monitoring and exit 3. Analyze the different methods that these investors employ to evaluate investment opportunities 4. Understand the difficult process of deal negotiation between the target company and the institutional investor 5. Explore the different type of key securities and relative terms employed in venture capital and private equity transactions 6. Construct and apply a comprehensive buyout model and perform a leveraged buy-out analysis for a specific company
Syllabus
Office hours
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