Private Equity Excel Assignment 1

profileronifiut
ch05.ppt

Venture Capital, Private Equity, and the Financing of Entrepreneurship

Josh Lerner – Ann Leamon – Felda Hardymon

Chapter 5: Deal Structuring—Private Equity Securities and Their Motivation

  • BASIC PRIVATE EQUITY SECURITIES

Chapter 5: Deal Structuring—Private Equity Securities and Their Motivation

  • PREFERRED STOCK AND ITS VARIATIONS
  • Redeemable Preferred
  • Convertible Preferred Stock
  • Participating Convertible Preferred Stock
  • Multiple Liquidation Preferences
  • Exotic Securities (“Gingerbread”)
  • Seniority and the Interplay of Multiple Securities
  • Dividends

Chapter 5: Deal Structuring—Private Equity Securities and Their Motivation

  • TERMS
  • Vesting
  • Covenants
  • Antidilution Provisions

Chapter 5: Deal Structuring—Private Equity Securities and Their Motivation

  • A TOUR OF THE TERM SHEET

Chapter 5: Deal Structuring—Private Equity Securities and Their Motivation

  • VENTURE AND MEZZANINE DEBT SECURITIES

Chapter 5: Deal Structuring—Private Equity Securities and Their Motivation

  • STRUCTURING A BUYOUT
  • Debt Covenants