Trends And Outlook:

Investor and investee perceptions • The future of private equity.

Exercises:

Designing the ideal characteristics of a target private equity Company.

Defining the ideal macro framework conditions for private equity markets.
 

Deal And Funding Sources:

·Finding deal opportunities.

·Accessing the funding market.

Investing And Funding:

·Conceptual and economic differences.

·Corporate finance considerations in private equity.

Day Two

Working A Potential Deal To The Point Of Decision

Core Concepts Of Business Strategy And Operating Risk:

·Valid strategic positions.

·Risk and rewards of core strategies.

·Operating risk models and assessments.
 
Due Diligence:

·Company accounts and realities.

·Documentation and legalities

·Third party advisors.

Deal Evaluation And Planning:

·Traditional models.

·Uncertainty models and approaches.

·Private equity anomalies.

·Restructuring plans - good business plans.
 
Exercises:

Valuation exercises for companies with and without assets/cash flows

Developing a restructuring plan for "xyz" company Developing a financing plan to take over "abc" company
 

Day Three

Closing And Taking Ownership Or Control Of A Deal

Deal Structures:

·Pure equity deals.

·Hybrid structures

·Joint venture investments.

·Risk considerations.
 
Deal Negotiations:

·MOUs, LOis, pre-contracts.

·Investor requirements.

·Last mile approach.

·Principles of negotiations.

Closure And Completion:

·Contracts, side letters, agreements.

·Documentation and validation.

Exercises:

Define the essential contract elements for a private equity investment

Develop options for mitigating key risks in minority/ majority investments

Investing And Funding:

·Conceptual and economic differences.

·Corporate finance considerations in private equity.

Day Four

Running A Private Equity Business

First 90 Days:

·Evolution of an investee company.

·Management activities and Financing activities.

Exercises:

Develop a management restructuring plan for "efg" company

Develop a self assessment of capabilities and ideal role in a private equity investment scenario

Three Years:

·Performance management

·Second round financings

·Recovery planning

·Preparing for exit

Exit Strategies:

Listings, Trade sales, Others

Day Five

Developing A Sustainable Private Equity Business

Private Equity Portfolios:

·Industry and size composition.

·Management complexities and control.

·Optimal portfolios.

Building A Private Equity Business:

·Targets and strategies.

·Staff and rewards.

·Capital and deals.

·Issues in private equity.

Exercises:

Defining the key industries and parameters to seek target investments in MENA

Creating a business plan for a MENA private equity business

Performance And Benchmarks :

·Targeting performance.

·Measuring performance.

·Benchmarking performance.

Course Review And Discussion:

·Topics to be covered in more depth - participants selection.

·Review of material, secondary sources, research aids and related practical applications.

Course Examination:

·80 multiple choice questions (2 hours max).