Case Studies
If you are teaching a Private Equity (or related) course, you are at the right place. Here, you can find five case studies, free of charge (!), and all have detailed teaching notes. The first case is also available as a movie!! You just need to email me from a university email address and give me the link to your professional webpage.
If you want to learn about private equity, you are also at the right place and can enjoy these case studies, for free!.
1. Can Financial Acumen Supercharge Social Impact?
Keywords: Social impact, impact investing, financial modelling, real estate, cash sweep, capital structure, senior and junior debt, debt amortization, minorities in command, Bronx, Spofford, public policy, political system
2. Role Play - Lenders vs GPs
Keywords: Capital structure, Loan covenants, Debt capacity, Debt pricing, Term loans, Unitranche, CLOs, Syndication, Senior and Junior debt, Mezzanine, Management Buy-In, Negotiation dynamics, Credit committees, Leveraged Finance, Banks, Private Credit, Direct Lenders
3. Role Play - LPs vs GPs
Keywords: Limited Partnership Agreements, Private Equity Funds, Emerging market investing, Carried Interest, Management Fees, Portfolio Company fees, Investment restrictions, Negotiation dynamics, Limited Partners, General Partners, Fundraising dynamics
4. Decomposing Value Gains — The Case of the Best Leveraged Buy-Out Ever
Keywords: Real Estate Leveraged Buy-Outs, Management Buy-In, Blackstone, Hilton, Hotels, NPV, PME, Benchmarking, Financial Modelling, Comparables, Accounting, exit routes, IPO
5. Endowment Portfolio Allocation -- The Queen’s college at Oxford
Keywords: Real Estate Leveraged Buy-Outs, Management Buy-In, Blackstone, Hilton, Hotels, NPV, PME, Benchmarking, Financial Modelling, Comparables, Accounting, exit routes, IPO
I also did this a long time ago: put together a huge set of mini case studies. The idea was to have a one-pager on many deals and to classify these in terms of performance and duration. Basically, what I observed was that most of the high-performers (even when measured in absolute amount) were quick flips. So, I wanted to read many cases to try to understand this better.
This got nowhere but I have tons of case-studies I am sitting on. it is all based on public information. All the files are here — enjoy!