Dates
8 - 10 November, 2010
3 days, full immersion with daily and evening sessions running 9am-1pm, 2.30pm-6.30pm and social dinner with speech and working groups.
Value Drivers
Private equity seeks to enhance the effectiveness of firm strategy and changing within the organization through capital, network and know how. To have a well-designed pattern of private equity management is a crucial topic both for investors and for companies looking for capital and assistance. Participants will improve their capabilities in a global investing environment – with a European flavor – and will establish high standards for decision making at all stages of a deal.
Partcipants
Suited for executives with considerable industry experience, the program enhances the learning experience by bringing together a mix of participants, including private equity managers, limited and general partners, advisor, managers and family members involved into a process of corporate governance or strategic restructuring.
Contents
The program is focused on the analysis of private equity business in the perspective of deal making through scouting, advisory, arranging and financing activities. Particular attention is given to provide participants with a deep understanding of the mechanism underpinning the creation or the development of a firm and the financial sustain coming from the financial system. As a consequence of that the program is divided in to three main sections: market and competition; regulatory and legal issues; management of a private equity & a venture capital fund or deal making. The presentation and usage of real-word case studies will further enhance the link with the best practices observable in the market.
Major topics to be addressed include:
Global picture and legal issues about private equity and venture capital.
- Course start up: rule of thumbs and general overview.
- The fundamentals of private equity and venture capital: definition and main scheme.
- Legal framework in Europe for equity investors: asset management companies, closed end funds and investment firms; governance and managerial issues.
- Legal framework for Anglo Saxons Countries: US and UK cases.
- Fiscal framework for equity investors: EU and US approaches.
The management of private equity and venture capital.
- The picture of equity investors management: private equity & venture capital process.
- Private equity & venture capital process: fundraising and investment.
- Private equity & venture capital process: monitoring and managing venture backed companies.
- Arranging the financing.
- Private equity & venture capital process: exit strategy and way out.
The “art of deal making” within private equity and venture capital investments.
- Company valuation: general overview between business planning activity and investment; the right assessment to analyse present and future value.
- Recognizing opportunity: angel, seed and start up financing.
- Expansion
- Turnaround and successions
- Leveraged buyouts and workouts
- Discovering opportunities: new products and new markets
Final wrap up of the program
Faculty
Luisa Alemany, ESADE Barcelona
Vincenzo Capizzi, SDA Bocconi
Stefano Caselli, SDA Bocconi
Guido Corbetta, SDA Bocconi
Stefano Gatti, SDA Bocconi
Fabio L. Sattin, University of Venice, Cà Foscari
Roy Smith, New York University, Stern
CFA Insitute Professional Development Program
SDA Bocconi School of Management is registered with CFA Institute as an Approved Provider of continuing education programs.
This program is eligible for 18 CE credit hours, inclusive of 3 Standards, Ethics, and Regulatory (SER) credit hours, as granted by CFA Institute. If you are a CFA Institute member, CE credit for your attendance at
his event will be automatically recorded in your CE Diary.
2008 CFA Institute European Investment Conference
FEES
The fee for this course is:
- € 4.000 - first participant
- € 2.900 - second participant
- € 2.700 - third participant
The fees include all tuition, educational materials, lunches, welcome dinner and gala dinner.Travel and accomodayion expenses are not included in the fee.
