About the Book
"Principal Investing: The Handbook of Private Debt and Private Equity is a practical manual on investing in the most common alternative asset classes and provides a unique insight on how principal investors analyze investment opportunities. Unlike other textbooks available in the market, Principal Investing covers the various phases that principal investors follow when analyzing a private investment opportunity. The first section of the book covers the analytical tools: advanced accounting and financial analysis, industry and company analysis. The second section looks at the most common methods used to structure a debt facility and a private equity transaction. The last section looks at the main legal aspects of a transaction: term sheet, debt facility, security documents, investment and security purchase agreements, shareholders agreements. The reader can thus walk through the different phases of a transaction from origination to closing. Principal Investing combines academic rigor with the practical approach used by leading investors. Every chapter is filled with practical examples, Excel workbooks (downloadable on the book website), examples of legal clauses and contracts, and Q&A. Cases are referred at the end of every chapter to test the learning of the reader. Instructors will find referrals to both third party cases or cases written by the authors"--
Book Synopsis
A step-by-step, comprehensive approach to private equity and private debt
Private Capital Investing: The Handbook of Private Debt and Private Equity is a practical manual on investing in the two of the most common alternative asset classes (private equity and private debt) and provides a unique insight on how principal investors analyze investment opportunities. Unlike other textbooks available in the market, Private Capital Investing covers the various phases that principal investors follow when analyzing a private investment opportunity.
The book combines academic rigor with the practical approach used by leading institutional investors. Chapters are filled with practical examples, Excel workbooks (downloadable from the book website), examples of legal clauses and contracts, and Q&A. Cases are referred at the end of every chapter to test the learning of the reader. Instructors will find referrals to both third-party cases or cases written by the author.
- Covers analytical tools
- Includes the most common methods used to structure a debt facility and a private equity transaction
- Looks at the main legal aspects of a transaction
- Walks readers through the different phases of a transaction from origination to closing
Bridging the gap between academic study and practical application, Private Capital Investing enables the reader to be able to start working in private equity or private debt without the need for any further training. It is intended for undergraduates and MBA students, practitioners in the investment banking, consulting and private equity business with prior academic background in corporate finance and accounting.
From the Back Cover
A step-by-step, comprehensive approach to private equity and private debt
Private Capital Investing: The Handbook of Private Debt and Private Equity is a practical manual on investing in the most common alternative asset classes and provides a unique insight on how principal investors analyze investment opportunities. Unlike other textbooks available in the market, Private Capital Investing covers the various phases that principal investors follow when analyzing a private investment opportunity.
This book combines academic rigor with the practical approach used by leading investors. Every chapter is filled with practical examples, Excel workbooks (downloadable on the book website), examples of legal clauses and contracts, and Q&A. Cases are referred at the end of every chapter to test the learning of the reader.
- Covers analytical tools
- Includes the most common methods used to structure a debt facility and a private equity transaction
- Looks at the main legal aspects of a transaction
- Walks readers through the different phases of a transaction from origination to closing
Bridging the gap between academic study and practical application, Private Capital Investing enables the reader to be able to start working in private equity or private debt without the need for any further training.
About the Author
ROBERTO IPPOLITO is Managing Partner of a leading Italian Hybrid Capital (private equity and private debt) fund and Professor of Principal Investing at Università degli Studi Guglielmo Marconi. He has 20 years' private capital experience in sourcing, structuring and investing in all parts of the capital structure (senior debt, junior debt and private equity) of Italian SMEs across several industries and three years' management consulting experience (with a focus on business due diligence and performance improvement).
Former Head of Leverage Finance at General Electric Capital Italy, Roberto has held managerial roles at European Bank for Reconstruction and Development, DAM Capital (Anschutz Group), Bain & Co. and junior positions at Goldman Sachs (Merchant and Investment Banking) and Istituto Mobiliare Italiano (Merchant Banking). He is a Fulbright scholar and a British Chevening scholar.
Roberto received a MBA from the University of Chicago, a MSc in Economics from the University of Warwick and a Summa Cum Laude BSc in Business from LUISS University. He is a CFA and CPA in Italy and FSA registered in the UK.
