Structured/mezzanine fund raising

  1. Course Overview
  2. There is abundance of corporate finance textbooks giving varied valuation methodologies and textbook frameworks for raising debt and equity capital.
  3. However, the concepts developed in this course leans towards real life and practical options of raising such capital sources other than bank debt focusing on mezzanine or structured funding and private equity funding.
  4. For both asset classes, the course provides an introduction to the asset class with particular attention to understand each of these asset classes vis-à-vis other asset classes.
  5. The goal is to understand the actual process as it practically happens in real life for raising such capital and provide frameworks on how to manage the process effectively.
  6. The course analyses the various stakeholders involved, including the interaction between them and how each stakeholder is incentivized towards their own goals.
  7. We will also pay particular attention to key terms in most terms offered by investors and how to negotiate the terms from the company’s perspective.
  8. The course concludes with the both successful and unsuccessful real life fund raising case studies.

Pre-requisites: Basic knowledge of finance and fund raising

Target Audience

  1. CFOs of all companies
  2. Promoters of midsized
  3. Entrepreneurs in start-up companies.
  4. Finance Professional
  5. Corporate Lawyers.
  6. Investment bankers
  1. Overview
    1. What is structured fund raising: How’s it different from debt and equity?
    2. Typical Mezzanine structures: Debt like, equity like. What are collateral requirements for each.
    3. Why raise Mezzanine Financing: What financing problems it can solve- long term/short term?
  2. Process Involved
    1. Roles of various stakeholders in fund raising- Existing lenders and others?
    2. Re-structuring your existing loan documents to provide room for structured funding.
  3. Mezzanine Fund Sources
    1. Key funds providing structured fund raising and their focus areas in India.
    2. Difference between Indian and foreign capital in structured funding.
  4. Regulatory Situation.
    1. Indian regulations which restrict mezzanine funding
  5. Track Record
    1. Deals happened in this space in last few years
  6. Case studies.

Private Equity Fund Raising

  1. Overview
    1. What is private equity fund raise: How’s it different from an IPO? How is different from debt?
    2. When does it make sense to raise private equity. And benefits of the same.
  2. Detail the Process Involved
    1. Overview of the entire fund-raise process –
      1. Selection of the banker
      2. Putting the collateral together
      3. Putting together the investor list
      4. Negotiations
      5. Diligence process
    2. Roles of various stakeholders in fund raising- The company, the investment banking team, the fund internal team and Investment committee.
  3. What do PE funds look for? “Sector, growth curve, quality of management, key flags- auditors, etc”. How do put together a good investment memorandum.
  4. PE Fund sources
    1. Types of various funds. How and why to select the right fund for the right phase.
    2. Key funds providing private equity and venture capital in India.
    3. Difference between Indian and foreign capital in structured funding.
  5. Negotiating a PE deal
    1. Demystify Valuation?
    2. What are the typical terms and the rationale behind the same? – “Valuation is not the only thing negotiated.”
    3. How to negotiate from the company’s perspective?
  6. How do manage the diligence process effectively?
  7. How to get the most out of the PE partner.
    1. After investing what next?
  8. Regulatory Situation.
    1. Indian regulations which restrict mezzanine funding
  9. Track Record
    1. Deals happened in this space in last few years.
    2. Indian PE industry statistics
    3. Overview of global PE industry and how and why money is flowing.
  10. Case studies.
    1. Successful partnership.
    2. Unsuccessful partnership.

Timings: 9:30 am – 5:30 pm , Registration begins at 9:00 am

How to Register:

  1. Fees: Rs. 8,500/- +12.36 % service tax per person
  2. Please write to / Call -022 66976892
  3. Mention the name of participant, company, contact details .
  4. Cheque favoring Princeton Academy Mumbai II Pvt. Ltd. payable at Mumbai.
  5. Fees includes lunch, tea, course material etc.