What is private equity?
What is venture capital/private equity?
Risks and returns
Quoted and unquoted shares
Sources of funds
Types of funds
Realisations
Returns to investors and fund managers
Companies and finance
What is a company?
Shareholders and limited liability
Equity and debt
Distributed and retained profits
Working capital
Cash
Balance sheets
Profit and loss accounts
Interest and tax
Gearing
Return on investment
PE ratios
The investment process
Deal flow
Assessment and due diligence
Basics of deal structures
Types of shares, senior and subordinated debt
Examples of deals
Portfolio management
Exits
Ó Fulcrum Partners Ltd 2007
Successful selling - investors
Continuing professional education