The Venture Capital/Private Equity Industry

• Origins, history and development of the industry
• Participants in the industry
• Fund raising and structures
• Transaction types
• Investment process overview

Analysis of Transactions

• Risk analysis and mitigation
• Management team assessment
• Business plan assessment
• Due diligence

Cash Flow Forecasting

• Principles of forecasting
• Constructing the forecasts
• Sensitivity analysis

Investor Criteria

• Returns
• Exit routes and exit planning

Valuation Issues

• Exit valuation

Deal Structuring

• Senior, mezzanine and other debt
• Ordinary, preference and other share capital
• Other sources of finance
• Ratchets and equity kickers
• Determining an appropriate deal structure

Legal and Technical Issues

• Investor agreements
• Public company issues: Takeover Code (Blue Book) and UK Listing Rules
• Financial assistance and other regulatory issues