Private Equity DOCENTE
OUT 2013 1ª EDIÇÃO / PORTO
Tim Jenkinson
APRESENTAÇÃO
BENEFÍCIOS
The total value (equity and debt) of the firms acquired by private equity funds is estimated to have achieved 3.6 trillion dollars between 1970 and 2007. While the majority of these transactions (involving 2.7 trillion dollars) have occurred between 2001 and 2007 and have included companies of all sizes, sectors and locations, in Portugal the industry is still at an underdeveloped stage. However, the recent crisis in Portugal, imposes severe funding constraints for the typical Portuguese, family owned, small and medium enterprises. Recent developments on state-owned venture capital funds and the emergence of new private equity firms will very likely encourage the expansion of the Private Equity industry in Portugal.
Although private equity has changed the corporate and financial landscape all over the world, its model and structure is not widely understood. This scenario is even more dramatic in Portugal where the industry is giving its first steps. Participants will learn about the tools they need to understand the private equity industry from the way it is structured until how actual economics conditions may shape the industry in the years to come. Participants will also learn about the economics and incentives that drive private equity, and acquire a comprehensive framework for assessing investment opportunities.
DESTINATÁRIOS • Corporate and board level executives of financial institutions; • Investment banking top managers in charge of asset management departments; • Top managers from insurance companies, pension funds and other institutions investing in the private equity sector; • Senior executives from companies seeking private equity funding; • Managers interested in moving into asset management functions. Nível Recomendado Senior and upper-level executives
Porto Business School
/ 98
28 OUTUBRO
PLANO GERAL
DOCENTE
• The Private Equity (PE) Landscape; • The PE model; • PE funds structure, incentives and performance; • Deal valuation; • How PE funds dispose their investiments; • The future of PE;
Tim Jenkinson is Europe’s leading authority on private equity and a renowned and prize-winning teacher. He is Professor of Finance at the Saïd Business School (University of Oxford) and is Founder and Director of the Oxford Private Equity Institute. Tim Jenkinson’s research is on private equity, initial public offerings and securitisation. He has written widely on finance and economics and his work has been published in leading journals including the Journal of Finance, Review of Financial Studies, Journal of Financial Economics, Journal of Corporate Finance, Economic Journal and the European Economic Review. He is also a chairman of the economic consulting firm Oxford Economic Research Associates (Oxera), director of the UK-listed investment fund PSource Structured Debt, and an academic advisor to KPMG’s Global Valuation Institute. In 2007, Tim Jenkinson gave evidence to the UK Treasury Select Committee, as part of its investigation into Private Equity.
DURAÇÃO
LOCAL
PREÇO
INSCRIÇÕES
1 dia 9h00-18h00
Porto Business School
1000 euros [material de apoio às aulas, almoço e coffee-breaks incluídos]. Os associados da Porto Business School e os antigos alunos beneficiam de condições especiais. Inscrições confirmadas até 27 de setembro: 600 euros
22 615 23 70; pe@pbs.up.pt [para informações, reservas ou inscrições]
* Seminário lecionado integralmente em inglês.
Políticas de cancelamento, pagamento, reservas e descontos na página 106 e em: www.pbs.up.pt/formacao/informacoesgerais.html Se desejar obter a brochura detalhada deste curso aceda à página: www.pbs.up.pt
/ 99