- 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 INTEGRATED AND STRICTLY CONNECTED with the LABORATORY "DUE DILIGENCE LAB". THEREFORE, STUDENTS (INCLUDING ERASMUS STUDENTS) ARE REQUESTED TO INCLUDE BOTH COURSES IN THEIR STUDY PLAN.
The private equity course will focus on the entire Venture Capital Cycle followed by the financial intermediaries.
Readings/Bibliography
Cumming and Johan, Venture Capital and Private Equity Contracting.
Teaching methods
The course is interactive and welcome students willing to partake to class discussions and simulations.
Assessment methods
Written project work based on a theme related to Venture Capital Cycle. Non attending students can refer to the Book suggested for this course.
Office hours
See the website of Simona Zambelli