This innovative program provides an ideal combination of lectures by Wharton finance faculty and Wharton alumni who are finance leaders in the private equity industry. In October 2017, the program will be expanded to 4.5 days to allow participants to more comprehensively analyze deals. More time will be devoted to areas of individual interest, such as the limited partner perspective and private equity in emerging markets. There will also be additional case study and group presentation time.
Participants will learn the landscape of the private equity space and be exposed to concepts and tools—shaped by the ongoing research of Wharton Private Equity Professor Bilge Yilmaz—that are used by private equity managers today. Case studies that will be discussed are current, relevant, and designed to maximize peer and faculty interaction.
Session topics include:
- Fund structure
- Leveraged buyout model and comparables analysis
- Deal origination, transaction, and execution
- Value creation with operations and negotiation
- Advanced and best practices in private equity
- Commercial due diligence
- The Limited Partners’ perspective
- Growth equity
- Middle market private equity
- Private equity in emerging economies
Wharton faculty and alumni will share their experiences and discuss their views on the private equity landscape with the class. Participants will have the opportunity to engage with the speakers through focused Q&A sessions, as well as during breakout sessions.
Participants will work in small groups to apply their new knowledge to a private equity deal. Teamwork on actual case studies will expose participants to both the mechanics and art of the deal through a real-world lens. This approach will ensure participants understand the key drivers in the private equity market, differences between funds’ strategies, and how those strategies can play out for investors.
To apply this knowledge in a real-world scenario, a distinguishing highlight of this program will be a highly interactive role play and deal analysis. Participants will observe the Wharton MBA deal proposal presentations and the investment advisory committee. Here, participants will be required to analyze the deals from two different points of view—as a private equity firm and as a bank preparing debt documents. The culmination of the exercise will be a group debrief and discussion with Wharton faculty and alumni who will provide their real-time feedback and industry insight.
Private Equity Professor Bilge Yilmaz and Mitchell Hollin, WG’89, appeared on Wharton Business Radio, SiriusXM. Listen to this extract of an interview where they talked about Private Equity: Investing and Creating Value.