Private equity is primarily the investment of capital in the equity of private companies to fund growth or in public companies to take them private. This elective examines the role of private equity from both aspects: as a financing tool and as an investment opportunity. It reviews the critical issues that the parties involved in a transaction (investors, lending banks, managers, entrepreneurs/shareholders, and advisors) will face during the investment process and their negotiations. Topics covered include industry organization, fundamental analysis of investment situations and drivers of value creation, use of applications and models by industry professionals.
Private Equity is not a “pure” finance course. While the section discussing valuation contains quantitative work, the focus will be on analytics, including numerous qualitative factors.
This course is offered over the Summer 2020 semester (12 sessions of 3 hours each). The class is for 3 credits
Senior Lecturer in Discipline in Business
Professor Donna M. Hitscherich currently serves as a senior lecturer of Finance, director of the Private Equity Program, and a Bernstein Faculty Leader at the Sanford C. Bernstein & Co. Center for Leadership and Ethics at Columbia Business School. Professor Hitscherich’s courses include Corporate Finance as well as the elective courses Business Law, Mergers and Acquisitions, and Advanced Corporate Finance. In 2002, she...
Adjunct Assistant Professor of Business
Aamir A. Rehman is a Senior Fellow at the Richard Paul Richman Center for Business, Law, and Public Policy at Columbia University. His contributions to the Center focus on investors’ ESG considerations and the public aspects of private investments.
Dr. Rehman is a partner at Princeton Stone House Capital, a strategic investment office. He is also an advisor to Fajr...