Course Descriptions

Course catalog descriptions for courses offered in all currently published terms.

Finance

 
FIN 626 Global Private Equity
  1.5 hours Elective Terms Offered: W14(A), W15(A)
  Cross-listed with: ES 626 
   
  Venture capital and private equity finance are key drivers and enablers of development and growth around the globe, in both developed and developing economies. In this course, we cover venture capital and private equity finance in different countries and regions of the world.

“Live” cases brought to class by private equity investors who are actively involved in various parts of the world provide a deep practical understanding of "ground level" similarities and differences among the various techniques and approaches used in different regions and economies. The following topics, case presentations and discussions will be included in Finance 626 in Winter 2011 Term “A”:

“Developments in Global Private Equity: A Limited Partner’s Viewpoint” Erik Lundberg, Chief Investment Officer, University of Michigan

“Global Private Equity Investment in Timberland and Natural Resources” Peter Mertz, Managing General Partner, Global Forest Partners, LLC, Hanover, New Hampshire

“Private Equity in Africa: The Growth Secondaries Model” Brian Gimotty, Trinity Partners, LLC, New York, NY

“Private Equity Investing in The BRIC Countries” Dr. Patricia Dineen, Managing General Partner, The BRIC Fund, Boston, MA

“The Private Equity Census is Brazil”, Prof. Claudio Furtado, Fundacao Gatulio Vargas Business School, Sao Paolo, Brazil

“Cross-Border Private Equity Investment Among the BRIC Countries” C.N. Madhusudan, CEO, VectorSpan, Inc., Atlanta, GA

“Raising a Private Equity Fund in India” Subbu Subrahmaniam, M Cap Fund Advisors, Mumbai, India

This enables us to study how the four main aspects of venture capital and private equity – valuation, deal structuring, governance, and harvesting – are conducted in different legal and regulatory settings, under different customs, culture and business practices. The case method is used to demonstrate the practical, hands-on application of techniques following their development in class.