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Certificate
Schroders Introduction to Private Asset Classes 2021 (Total Hours = 7)
| Issued to: | Ryan Tan |
| Issued date: | September 24, 2021 |
| Issued by: | AMT Training |
Total Training Hours = 7 hours
Session 1:
Popular Private Asset Classes
- Asset classes
- Private equity
- Venture capital
- Real estate
- Infrastructure – An introduction.
- Private debt
- Life cycle
- Risk
- Return
- Correlation to public equities/ diversification qualities
- Private equity as an investment alternative – To also include brief explanation of Primaries vs Secondaries.
- LP
- GP
- Fees: catch-up and carry
- What is a LBO and how it can create value
- Estimating cash flows available to capital holders & Introducing J-Curve effect
- Sources and uses of funds
- Estimating the exit value
- What is IRR/TVPI etc
Session 2:
Venture Capital
- Venture capital (VC) overview
- How, when, and why a venture capitalist exits
- Valuation of a start-up
- Typical VC valuation methodology – to cover in brief, but not too technical
- VC deal structuring
- VC waterfall
- Simple operating model with an amortising debt tranche and a bullet debt tranche
- Private debt valuations
- Mezzanine investing (c.10% of Private Debt Market)
- Distressed lending (c. 30% of Private Debt Market)
- Special situations (c. 20% of Private Debt Market)
- Direct lending (c. 35% of Private Debt Market)
- Venture debt (c.5% of Private debt market
- Direct vs. indirect RE investment
- Characteristic of different real estate sectors
- Public markets due diligence
- Key components of REIT financial statements
- Portfolio disclosure
- Financial statements& key metrics
- Rental rate (in-place)
Issued by
AMT Training
Awarded to
Ryan Tan
About the issuer
AMT Training
For over 20 years we have been equipping analysts and associates with core skills for banking and finance. Our clients include the top ten investment banks and some of the biggest private equity firms in the world.
Accreditations and Associations
AMT courses are officially accredited by the Chartered Institute for Securities and Investment and each full day course can be logged as 6 hours of CPD for institutions including ICAEW, ACCA, CFA and solicitor regulatory authority. Find out more.
Global expertsAMT’s network of offices spans EMEA, APAC and the Americas. Our people have first-hand experience of investment banking and the diversity of our team reflects the regions, sectors, subject areas, languages and cultures with which we work. Experienced client service managers, working out of our offices in London, New York and Hong Kong, provide local support for customers across the world’s largest financial centres.
