Private Equity

Professor Viney Sawhney MGMT E-2790 : Private Equity Spring 2013

2013 Viney Sawhney

Class plan
Introduction to the course iSite postings Instructors articles from Financial publications Class Quizzes Lecture Case discussion
Individual preparation Class discussion

Feedback

2013 Viney Sawhney

Who can benefit from the course

Investment bankers Private Equity analysts Venture Capital Associates Bankers Auditors Consultants Regulators General Partners Limited Partners
2013 Viney Sawhney

Prerequisites
Principles of Finance Corporate finance Introductory Accounting Any one of the three courses will suffice

2013 Viney Sawhney

Course outline
1. Investment Stage
Fundamentals Process Valuation Deal Structuring Harvesting Investments

2. Application
Due Diligence Sourcing and Management Public Infrastructure Investments / Sovereign Wealth Funds Governance / Exit Strategies
2013 Viney Sawhney

Materials used in the course

Class Quiz Articles from financial publications will be discussed at the beginning of each class
Questions on Articles will be posted beforehand on iSite for in-class discussion

Course Pack: Harvard Business School Articles and Case Studies as listed in the Syllabus Selected chapters from:
Cendrowski, Harry, Martin, James P., Petro, Louis W., and Wadecki, Adam A, Private Equity, History, Governance, and Operations, John Wiley & Sons (New York, NY, 2008)

2013 Viney Sawhney

Requirements
Class Quiz
Q&A on financial articles

25% 25% 20% 30%

Class Participation
Lectures and HBS case discussion

Midterm
Group presentation

Final
Case Study assignment

Rules for Midterm and Final

Cases will be assigned 2 weeks in advance Teams will be formed at the beginning of course Each team member is required to present a portion of the material PowerPoint presentation duration: 30 minutes
2013 Viney Sawhney

Courtesy
Timing Name tags Academic honesty Missing classes Consultation

2013 Viney Sawhney

Personal Success case Presentation

2-minute introduction per person Background and experience as related to this course What were the sources/resources of your success

2013 Viney Sawhney

Personal statement
Goal: make this course a more effective learning experience. Confidential and voluntary information for course adjustment. 1. Name 2. When and where did you complete a graduate level accounting course 3. When and where did you complete a graduate managerial finance/corporate finance course

2013 Viney Sawhney

Personal statement (cont.)

4. Highest degree earned, in what field 5. How many (if any) classes did you have before, that used Case Study teaching method 6. Topics most interesting of the course 7. Topics least interesting of the course 8. Did you work on any of the following areas:
Securities analysis Credit analysis Financial policy decision Private Equity Corporate governance
2013 Viney Sawhney

Feedback card
In todays class: What I liked the most What I would like to change My rating of todays class is (1: lowest, 5: highest);

2013 Viney Sawhney