Included courses

The Private Equity Deal Maker

4.8 STARS

Star Rating
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About

This skills certificate has been designed by five industry experts who share 14 years of experience in private equity and leveraged finance.

Completion time

11.5 Hours

Level

Skills Certificate

About

This skills certificate has been designed by five industry experts who share 14 years of experience in private equity and leveraged finance.

Completion time

11.5 Hours

Level

Skills Certificate

Module

Video Minutes

Excel Exercises

Debt Products - Financing Instruments

13

0

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Video minutes13

Excel Exercises0

  • Types of debt: senior debt – revolving credit facility, term loan A-C / subordinated debt – 2nd lien term loan, HY bond, mezzanine
  • Preferred stocks and equity injection
  • Management rachet
  • Debt providers / holders: banks, insurance corps, CLOs, hedge fund, pension fund
  • Covenants
  • Collateral: 1st vs 2nd, all assets or bifucated
  • Financing fees: upfront fee, commitment fee, interest rate, PIK, OID, etc.
  • Key considerations: interest rate (PIK, OID), typical term (1 year, 5 years, 7 years), repayment (bullet, amortization)

Debt Products - Documentation

10

0

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Video minutes10

Excel Exercises0

  • Typical contracts:
    • Credit agreement
    • Indenture
    • Regulatory Documents
    • Collateral contracts
  • Typical clauses:
    • Cashsweep clauses
    • Cross default clauses: Trigger event
    • Pari-passu
    • Repayment / redemption

Debt Products - Financing Consideration Process

11

0

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Video minutes11

Excel Exercises0

  • Financing consideration: process overview
  • Addressing existing debt
  • Evaluating debt capacity
  • Analyzing collateral base
  • Considering minimum equity contribution
  • Simulating expected ratings outcome
  • Analyzing financial ratios

Debt Products - Credit Committee in Banking

10

0

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Video minutes10

Excel Exercises0

  • What is credit committee
  • Composition of credit committee materials
  • Transaction background / deal summary
  • Company overview
  • Sponsor company overview
  • Financial analysis
  • Risk analysis and mitigants

Private Equity Acquisition Analysis

75

18

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Video minutes75

Excel Exercises18

  • LBO – definition
  • Internal Rate of Return (IRR) and value analysis
  • LBO analysis models
    • LBO analysis model map
    • Assumptions
    • Sources and uses of funds
    • Sources of funds
    • Operating forecasts and cash sweeps
    • Model outputs
    • Levered valuation

Acquisition Finance and Debt Capacity

32

5

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Video minutes32

Excel Exercises5

  • Multiple based debt capacity analysis
  • Dangers of using multiples
  • Cash flow based debt capacity analysis
  • Calculating free cash flows
  • Debt tranching
  • Seniority and subordination

Advanced LBO Modeling

120

26

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Video minutes120

Excel Exercises26

  • Sources and uses of funds
  • Original issue discount
  • Fees (arrangement and commitment)
  • Creating the opening balance sheet
  • Stub period three statement model
  • Deal adjustment including amortization of debt issuance fees
  • Pro-forma balance sheet
  • Cash flows available for debt service
  • Minimum cash balance
  • Term loans and revolving credit facilities, including cash sweep
  • Mezzanine financing and PIK interest
  • Returns to mezzanine holders
  • Returns to common equity holders

Completion Mechanisms

49

8

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Video minutes49

Excel Exercises8

  • Completion accounts introduction
  • Completion accounts calculations
  • Issues with the completion accounts mechanism
  • Locked box mechanism introduction
  • Locked box mechanism calculations
  • Comparing completion accounts and locked box mechanisms

From Skills Certificate to Recognized Micro-Degree

Upgrade your résumé with certification recognized by the the world’s top 4 investment banks.

Pass the exam and demonstrate your new private equity deal making capabilities on LinkedIn with The Private Equity Deal Maker Skills Certificate.

Take the next step, challenge yourself to earn a private equity micro-degree from the education partner chosen by Wall St’s bulge bracket banks.

Frequently Asked Questions

What tech do I need?

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Access your course across desktop, laptop, tablet or phone; either via our web portal or the dedicated mobile app. While we have optimized our video quality and size, we recommend a broadband connection to enable uninterrupted video playback. A PDF reader and spreadsheet application are required to open the supporting resources.

Is it right for me?

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Whether you’re considering a career in private equity or have recently joined, this course will teach you everything you need to succeed.

Are Financial Edge's courses 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, why not challenge yourself with the same content and certification with the same Wall Street instructors ready to answer your questions.

Will this course help me get a job in private equity?

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Absolutely. Develop practical skills you can use to impress at interviews, whether you’re looking to break into private equity or other finance roles.

How long do I have to complete the courses?

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We are delighted to announce that we now offer lifetime access on all online courses! Fit studying around your schedule. Learn at your own pace with on-demand video, practical examples to download and expert instructor support.

Are there any hidden costs?

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No. Everything you need to earn your skill certificate is included, from instructor-led videos and Excel exercises to the exam.

How do I join Financial Edge's alumni?

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Join our world-class alumni on LinkedIn by upgrading your skill certification to any one of our micro-degree’s. To unlock all alumni benefits, you will need to verify you have successfully passed all courses within the online program.

Want to Join Our Prestigious Alumni?

JOIN THE BEST

By completing any one of our micro-degree’s, 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.

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