Investing in private equity
Gain the confidence to diversify
Investing in Private Equity can be financially rewarding and deeply stimulating – but it’s also risky. So how do you build a PE portfolio as part of your investment strategy? How do you deal with complex financial structures? In this two-day programme, leading experts from the worlds of PE, VC, law and entrepreneurship, take you on a journey through the opportunities and potential pitfalls of PE as an asset class.
Detailed programme
Through talks, exercises, panels and cases, you’ll discover the principles and details you need to diversify. And in thoughtfully-arranged social activities, you’ll have opportunities to network and learn from PE investors and specialists.
Module 1: Designing a portfolio
- Develop an asset allocation strategy
- Understand the typical set-up of a PE fund or fund of funds
- Explore how returns and timeframes compare with other asset classes
Module 2: Cash flow management for limited partners
- Get to grips with cash management
- Discover how to manage the J-Curve
Module 3: PE and VC returns
- Understand how gross and net returns are measured
- Learn about fees
Module 4: PE investing in practice
- Learn from a panel of active family LPs, representatives of family PE funds, GPs and institutional investors
Module 5: Legal structures, fiscal issues and fees
- Discover the key wording of agreements
- Understand legal fees
- Explore fiscal arrangements and tax implications
- Use a case to explore the merits of specific investments – and the due diligence you need to carry out
Module 6: Choosing a PE team
- Learn the characteristics of potentially outperforming managers
- Understand how to interpret past performance
Module 7: VC practices and processes
- Discover the importance of staged investments
- Understand the value of a strong investment syndicate
- Discover everything you need to know about exits
Module 8: Buyout practices
- Understand how value is created in a buyout deal
- Analyse the drivers of valuations
- Explore typical buyout exit routes
Why this programme
- Understand how to develop a coherent investment strategy that includes PE
- Learn the different PE segments
- Understand how to identify the best PE and VC managers
- Know how to evaluate opportunities – and what the pitfalls may be
- Gain the insight to start to invest
Who should attend
- Private investors looking to move into PE
- Family offices
- Institutional investors
To allow open discussions and sharing of potentially confidential information, this programme is not open to private bankers and placement agents.
Faculty
Sophie Manigart
Professor of Corporate Finance
Sophie Manigart is an experienced teacher, researcher and advisor in entrepreneurial finance, venture capital and private equity.
Natalia Matanova
Professor of Corporate Finance
Natalia Matanova explores corporate finance – from private equity and venture capital to institutional investors.
Miguel Meuleman
Professor of Entrepreneurship
Miguel Meuleman is passionate about the process, people and investors behind new venture ideas.
Jan De Bondt
Executive in Residence
Robert Barge
Director at Bikbergen Holding
Jan Alexander
Business Manager at HEC Paris
Christophe Spaenjers
Professor of Finance at HEC Paris
Mireille Kielemoes
Managing Director Private Equity at BNP Paribas Fortis
Deepka Rana
Vice-President at Northzone
Richard Reis
Partner at Argos Wityu
Pieterjan Lambrecht
Partner at Ergon