Private Equity Industry Masterclass – London

Join our 3 day in-person masterclass led by our expert instructors from 9am – 5 pm, in London, and rapidly develop the skills needed to build and structure a complex LBO model, including various financing structures and more.

Establish an outstanding foundation in each topic and flexibility for future career development. Book this program with The Deal Maker, to earn your Industry Certificate and become a private equity specialist.

Industry Certificate

14th - 16th February

£1,749

Fundamentals Certificate

14th - 16th February

£1,496

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Industry Certificate : 14th - 16th February

Fundamentals Certificate : 14th - 16th February

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    9-5pm

    London

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    Industry Certificate

    Join our 3 day in-person masterclass led by our expert instructors from 9am – 5 pm, in London, and rapidly develop the skills needed to build and structure a complex LBO model, including various financing structures and more.

    Establish an outstanding foundation in each topic and flexibility for future career development. Book this program with The Deal Maker, to earn your Industry Certificate and become a private equity specialist.

    Industry Certificate

    14th - 16th February

    £1,749

    Fundamentals Certificate

    14th - 16th February

    £1,496

    Please provide your details so our logistics team can contact you to arrange your booking and answer any questions.

      Industry Certificate

      A comprehensive, five-day deep dive into valuations, LBO models and credit analysis, designed to prepare you for a private equity role.

      • 14th – 16th February 2023 (includes The Deal Maker)
      • London
      • Earn your Industry Certificate and join our elite alumni
      • Receive 3 months free access to Felix

      Fundamentals Certificate

      A two-day introduction to the foundational skills of financial modeling. Establish the core skills needed to build models quickly and error-free.

      • 14th – 16th February 2023
      • London
      • Earn your Fundamentals Certificate
      • Receive 1 month free access to Felix

      Private Equity Industry Masterclass - London includes

      Day 1

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      LBO Analysis (Fundamentals Certificate)

      Discover how to calculate debt capacity, starting with a partially complete operational model. Participants will build on a debt-financed acquisition model with a complex debt sheet and a section for returns to equity holders.

       

      LBO Analysis (Fundamentals Certificate)

      Discover how to calculate debt capacity, starting with a partially complete operational model. Participants will build on a debt-financed acquisition model with a complex debt sheet and a section for returns to equity holders.

      Module

      Debt Capacity

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      • Debt Capacity Overview
      • Cash Flow-Based Debt Capacity
      • Creating Cash Flow Scenarios
      • Amortizing The Loan
      • Creating Tranches
      • Typical LBO Financing structures
      • Financing structures I Europe versus the UK versus the US
      • Key lenders I Europe versus the UK versus the US

      Simple LBO model / Private equity acquisition / LBO analysis

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      • Revolving credit facility
      • Term loans
      • Cash sweep mechanisms and covenant mechanisms
      • Bullet / high yield loans
      • Credit ratios
      • Calculating returns to equity holders (internal rate of return and money multiples)

      Day 2

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      Complex LBO modelling (Fundamentals Certificate)

      Learn how acquisitions are structured using debt financing and get to grips with a buy-out with a detailed multi-tranche financing structure. Complete a fully integrated buyout model with a detailed debt sheet.

       

      Complex LBO modelling (Fundamentals Certificate)

      Learn how acquisitions are structured using debt financing and get to grips with a buy-out with a detailed multi-tranche financing structure. Complete a fully integrated buyout model with a detailed debt sheet.

      Module

      Complex LBO modeling

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      • ● Sources and uses of funds
        ● Buying a private versus a public target
        ● Adding financing structure scenarios
        ● Original issuer discount
        ● Fees (arrangement and commitment)
        ● Developing the operating model
        ● Income Statement and potential operational improvements
        ● Income Statement scenarios
        ● Pro-forma balance sheet
        ● Cash flow statement and debt sheet
        ● RCF and Term loans, including cash sweep switches
        ● Second Lien
        ● Bond issues (senior and junior)
        ● Mezzanine financing and PIK interest
        ● Returns to mezzanine holders
        ● Shareholder Loan versus preference shares
        ● Returns to common equity holders
        ● Sensitivity analysis
        ● Operating model sensitivities
        ● Financing structure sensitivities
        ● Various return scenario’s
        ● How to quickly check if an LBO works
        ● The importance of scenario analysis
        ● How to build correct and realistic operating scenarios
        ● Sensible ratio analysis

      Day 3

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      Structuring & Understanding Credit Risk (Fundamentals Certificate)

      Build a comprehensive understanding of LBO’s and be able to identify errors and suggest improvements to the models. Master the credit process undertaken by the lenders of a loan and examine the different risks involved. Learn the tools used to mitigate these risks and review the latest developments in leveraged lending.

       

      Structuring & Understanding Credit Risk (Fundamentals Certificate)

      Build a comprehensive understanding of LBO’s and be able to identify errors and suggest improvements to the models. Master the credit process undertaken by the lenders of a loan and examine the different risks involved. Learn the tools used to mitigate these risks and review the latest developments in leveraged lending.

      Module

      Review and asses Complex LBO Models

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      • Identify mistakes and improve the models
      • Add scenario and sensitivity analysis
      • Calculate returns for various debt/equity and hybrid capital providers
      • Detailed value creation analysis
      • Debate as to whether they would green or red-light during IC meeting / call

      Complex LBO Structuring Update

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      • Base Erosion and Profit Shifting (BEPS)
      • Regulatory overview of highly leveraged lending
      • Uni-tranche lending and other recent structuring trends
      • Locked box versus completion accounts mechanisms (including when the box is opened up during the sale process)
      • Leveraging the equity via shareholder loan/preference shares for management teams
      • Ratchet mechanisms and carried interest mechanisms
      • Bridge loans, their terms, and bond issue takeout

      Credit Risk & Controlling Credit Risk

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      • Intro to the Credit Process
      • The 5 Cs of Credit
      • Quantifying Credit Risk
      • Default Risk
      • Loss given default risk
      • Loan documentation
      • Structuring the loan
      • Type of loan and purpose
      • How PE companies control their credit risk in a rising interest rate environment
      • Lessons learned from deals that went wrong

      Post-Class: Felix

      After your classroom training you will be given access to Felix. Instantly access over 2,000 precise instructor-led videos. Build your models quickly and accurately with streamlined SEC data and market and industry data collated by our team of experts.

      Fundamentals – Take part in days 1-3 and receive 1 month free access to Felix.

      Industry Certificate – Book all 3 days and The Deal Maker to receive 3 months free access to Felix.

      After your classroom training you will be given access to Felix. Instantly access over 2,000 precise instructor-led videos. Build your models quickly and accurately with streamlined SEC data and market and industry data collated by our team of experts.

      Fundamentals – Take part in days 1-3 and receive 1 month free access to Felix.

      Industry Certificate – Book all 3 days and The Deal Maker to receive 3 months free access to Felix.

      Get a Wall Street Recognized Certification

      Upgrade your Résumé with the Private Equity Industry Certificate

      Unlock your Private Equity Industry Certificate when you complete all 3 days and The Deal Maker, to join our alumni of the world’s best analysts. Certification can easily be added to LinkedIn, demonstrating your achievement which will be recognized by the most prestigious firms on Wall Street.

      Our Alumni

      Demonstrate You're As Good As The Best

      By earning the Private Equity Industry Certificate, you will be able to join our prestigious alumni on LinkedIn alongside hires at the top 4 investment banks. After becoming a member of this elite community, you can unlock exclusive benefits such as course discounts and more.

      Frequently Asked Questions

      Is it right for me?

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      Our in-person classrooms offer distinct learning opportunities. Have your questions answered immediately by our expert instructors. Utilizing years of industry and teaching experience, they will make the learning applicable and vibrant. Reference the learning materials online for 365 days after the live sessions.

      What will I need?

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      A laptop is essential, ideally with a webcam and microphone, and working WiFi. You must have access to Adobe Reader and Microsoft Excel. Each live session will take place on Zoom. Participants will be sent a link in their online classroom hub.

      Will I get certification?

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      Yes! Earn your fundamentals certificate after completing 2 days of the program. Complete all 5 days of the program to earn your Private Equity Industry Certificate. Demonstrate your new capabilities by quickly adding your certification to LinkedIn and join our prestigious alumni to receive exclusive benefits.

      Are there any additional fees or costs?

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      No, everything detailed is included in the price.

      Can I download the Excel files and financial modeling templates?

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      Absolutely, all files and resources are accessible via our intuitive learning platform, designed to support you throughout the program and beyond.

      Is Financial Edge's training credible?

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      The 4 leading investment banks, as rated by the FT, hire us to train their incoming analysts. If you are looking to join the best analysts in the world, challenge yourself with the same content, certification, and Wall Street instructors.

      * Is the instructor the same throughout?

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      Not always, but at FE we are privileged to have a deep bench of expert Wall Street instructors. If the instructor has to change for any reason we will let you know, but rest assured you will always receive the very best classroom experience.