32763 - Private Equity and Structured Finance

Academic Year 2019/2020

  • 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".  

The course is strictly integrated with the Laboratory of Due Diligence. 

The private equity course will focus on the entire Venture Capital Cycle followed by the financial intermediaries. Essential for the venture capitalist is a diligent due diligence.

 

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, 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 and Private Equity Contracting. Attendant students will develop the necessary competences during the course.  

Non attending students need to follow carefully the themes explained in the Book suggested for this course.


Office hours

See the website of Simona Zambelli