Corporate Finance

Day 1 | Morning Introduction and context Private infrastructure in the context of private markets: Sub-strategies and instruments Funds, their functioning, their stakeholders and their ecosystem J-curve, terms and economics Current market size and segmentation (geographical breakdown, funds raised, invested, etc.) Performance (IRR, TVPI, PME) Time permitting, a small workshop on fund documentation Day 1…

Day 1 | Morning Introduction and context Private debt in the context of private markets: Strategies and instruments Funds, their functioning, their stakeholders and their ecosystem J-curve, terms and economics Current market size and segmentation (geographical breakdown, funds raised, invested, etc.) Performance (IRR, TVPI, PME) and comparison with other asset classes Time permitting, a small workshop…

Day 1 | Morning Introduction to Private Real Estate The place of PRE in an asset allocation Strategies and instruments Funds, their functioning, their stakeholders and their ecosystem J-curve, terms and economics Sector (geographical breakdown, funds raised, invested, etc.) Performance (IRR, TVPI, PME) Time permitting: a small workshop on fund documentation Day 1 | Afternoon Real…

  Introduction to M&A and Corporate Control: Overview of the program Introductions and teams Why a (finance) seminar on M&A and how to define a success? Analytical framework and corporate goals The Acquisition Process: An Introduction to Deal Design Framework: Structure – Conduct – Outcomes Underlying forces Importance of deal structure M&A Valuation Valuation methods:…

During this program we will work through a series of conceptual and numeric examples, conducted as group work and discussed in plenary session, enabling you to deepen, and exhibit, your understanding of the fundamental concepts. The business cases will also enable you to practice the steps in the investment analysis process being taught in the…

Valuation in M&A Calculating free cash flow  Time value of money  Valuing targets multiples and discounted cash flow (DCF) estimating synergies company valuation  Introduction to M&As M&A market overview and recent developments the M&A process, common terminology the choice of build, buy or ally M&A trends and waves typical challenges domestic versus cross-border M&A transaction…

Overview of Project Finance The project finance framework Key characteristics and key parties involved Risks and risk mitigants –    Political, sovereign and expropriation risks –    Economic risks Project finance as a financial contract and contract types (BOT, BOO, etc.) Public Private Partnerships (PPPs) Financing issues in Project Finance: the macro view Financing types: bonds versus…

  The Advanced Valuation program will work through a series of conceptual and numeric examples, conducted as group work as well as in plenary discussion, in addition to a long case study enabling participants to deepen, and exhibit, their understanding of the fundamental concepts. These cases will also enable participants to practice the steps in…

  Day 1 | Private equity: asset allocation, instruments and strategies Introduction Private equity, private debt, private real assets: strategies and instruments The private equity value chain Levels of intermediation: direct/co-investment, funds and funds-of-funds Challenges: why is investing in private markets difficult? Current debates: reputation, clichés and reality The three dimensions of private markets investing…

  Capital budgeting One of the most important tasks of top management of companies is to make sound investment decisions when investing e.g. in new product lines or factories. We discuss: How to perform capital budgeting professionally How to assess whether and how much any given investment decision creates value to the shareholders The merits…