Mergers and Inquisitions

MARCH 13, 2024

Over the past few decades, growth equity (GE) has gone from an afterthought to a major asset class for huge investment firms. Some argue that GE offers the best of both worlds: the opportunity to fund innovation and growth – as in venture capital – plus the ability to limit downside risk and invest in proven companies – as in private equity.

Private Equity 105

Private Equity Equities Capital Portfolio 105

Mergers and Inquisitions

APRIL 19, 2023

Metals & mining investment banking used to be a “sleepy” group. But let’s forget about the children temporarily and focus on the verticals, the drivers, deal examples, and the exit opportunities if you escape from the underground mines: What Is Metals & Mining Investment Banking?

Investment Banking 52

Investment Banking Banking Bank Investment 52

Mergers and Inquisitions

JULY 26, 2023

Like a PE firm, a search fund raises capital from outside investors and aims to multiply that capital by investing it – but like a SPAC, it makes only one acquisition. Many search fund founders are relatively young (35-40 or less) and come from banking, consulting, or general management backgrounds; many also have MBAs.

Private Equity 52

Private Equity Investment Banking Funds Equities 52

Mergers and Inquisitions

SEPTEMBER 20, 2023

Look around online, and you will quickly discover that most coverage of venture capital interview questions is junk. Categories of Venture Capital Interview Questions I would split VC interview questions into 6 main categories. Market and Investment Questions – Which startup would you invest in? Q: Why venture capital?

Capital 59

Capital Valuation Investment Portfolio 59

Wizenius

JUNE 25, 2023

Weighted Average Cost of Capital (WACC): Calculate the Weighted Average Cost of Capital (WACC), which represents the average rate of return required by the company's investors. The WACC considers the cost of debt and equity financing and reflects the risk associated with the company's capital structure.

Financial Modeling 52

Financial Modeling Financial Models Investment Banking DCF Analysis 52

Wizenius

JULY 30, 2023

Lets see how this works Most of the variations of Financial models in investment banking mostly revolve around 1) DCF 2) M&A 3) LBO 4) Comparable & Transaction Comps Idea Bank - From Scratch to Template: Build a comprehensive version of each of the above varieties of financial models from scratch.

Financial Modeling 52

Financial Modeling Financial Models Investment Banking Banking 52

Mergers and Inquisitions

MAY 3, 2023

But people who aim for investment banking roles are very much into those bells and whistles, so questions about the DDM and other “exotic” methodologies began rolling in. To be fair, in some industries – like commercial banks and insurance within FIG – the DDM is a core valuation methodology.

Valuation 64

Valuation DCF Debt Financial Modeling 64

Peak Frameworks

JUNE 7, 2023

And if you are interested in learning more about essential finance concepts, you should check out our , Investment Banking Course. Diving Deep into Cash Flow from Operations Cash flow from operations is calculated by adjusting net income for non-cash expenses and changes in working capital.

Financial Analysis 52

Financial Analysis Discounted Cash Flow DCF Finance 52

Francine Way

JULY 17, 2017

Once we have the Implied Equity Purchase Price, we can build the Uses table by factoring in the pay down of existing debt and various transaction fees (financing, investment banking, legal, and other fees) related to the proposed transaction as follow: Total Uses = Implied Equity Purchase Price + Paydown of Debt + Fees.

Valuation 130

Valuation M&A Debt Equities 130

MergersCorp M&A International

NOVEMBER 1, 2024

Discounted Cash Flow (DCF) Analysis: A DCF model is often used to estimate the intrinsic value of the company based on projected future cash flows. Brand Reputation and Market Position: The brand’s reputation can significantly impact its ability to raise capital.

Asset Management 52

Asset Management Management Valuation Discounted Cash Flow 52

Mergers and Inquisitions

NOVEMBER 1, 2023

Healthcare Private Equity Definition : A healthcare private equity firm raises capital from outside investors (Limited Partners), acquires companies in the healthcare services, devices, and healthcare IT segments, and aims to grow these firms and sell their stakes within 3 – 7 years to realize a return on their investments.

Private Equity 59

Private Equity Healthcare Equities Middle Market 59

Mergers and Inquisitions

MAY 29, 2024

Project Finance Definition: “Project Finance” refers to acquisitions, debt/equity financings, and new developments of capital-intensive infrastructure assets that provide essential utilities and services. in FP&A roles ) to advising clients on M&A deals in investment banking.

Corporate Finance 59

Corporate Finance Financial Modeling Financial Models Finance 59

Focus Investment Banking

APRIL 7, 2024

The Role of Interest Rates in Private Equity Investments: Interest rates, set by central banks, are a critical factor in the economy, influencing the cost of borrowing money. For private equity (PE) groups, these rates determine the cost of capital, which is essential for their investment strategies.

Private Equity 52

Private Equity Valuation Equities Business 52

Mergers and Inquisitions

DECEMBER 6, 2023

The multi-manager hedge fund model is simple: Raise $10-20 billion, borrow at the fund level to take this to $50-$100 billion, and then allocate this capital to dozens of internal teams. So, expect a lot of quarterly financial projections , quick public comps , and simple DCF models linked to specific catalysts.

Funds 104

Funds Management Recruitment Portfolio 104

Devensoft

AUGUST 22, 2023

As opposed to merely focusing on the market capitalization, which only accounts for the company’s equity value, the Enterprise Value Calculator considers the company’s debt, cash, and other financial liabilities. Discount Rates Discount rates are used in the DCF method to determine the present value of future cash flows.

Valuation 52

Valuation M&A Utilities Mergers and Acquisitions 52

Mergers and Inquisitions

JANUARY 22, 2025

People are convinced that financial modeling in equity research is vastly different from investment banking and that research requires different or more specialized skills. Investment banking requires more process and project management skills , while equity research requires stronger creativity and communication skills.

Investment Banking 64

Investment Banking Equities Banking Bank 64

Mergers and Inquisitions

JULY 19, 2023

More differences emerge when you compare long-only hedge funds to long-only asset management: Investment Analysis and Financial Modeling You complete similar analyses and financial models at any “fundamental” firm ( long/short equity , long-only, activist , event-driven , etc.). hiring MDs to analyze biotech companies).

Funds 52

Funds Asset Management Management Equities 52

Mergers and Inquisitions

APRIL 5, 2023

Sovereign wealth funds have much longer time horizons and more “permanent capital” than traditional PE firms, hedge funds, and funds of funds, and these points create differences in timing, strategy, and willingness to pay. You can also potentially join a portfolio company if you’ve worked in a group that does direct or co-investments.

Recruitment 59

Recruitment Funds Private Equity Investment 59

Mergers and Inquisitions

MAY 14, 2025

The most difficult part of infrastructure investment banking is defining the exact verticals and deal types it covers. It even includes elements of healthcare , industrials , and oil & gas investment banking. It even includes elements of healthcare , industrials , and oil & gas investment banking.

Investment Banking 59

Investment Banking Banking Bank Investment 59

Mergers and Inquisitions

NOVEMBER 20, 2024

This site has already covered investment banking interview questions , private equity interview questions , and venture capital interview questions , so the next topic on the list seemed to be growth equity interview questions. Q: Why not go into private equity, venture capital, or startups?

Private Equity 59

Private Equity Equities Capital Valuation 59

Mergers and Inquisitions

MARCH 5, 2025

In technology, as a startup keeps raising capital, it normally does so at gradually higher valuations as its customers, users, and revenue grow. But in biotech, companies valuations often remain close to their total capital raised until much later in the process (i.e., Other large funds include Perceptive Advisors, RA Capital, and RTW.

Funds 64

Funds Healthcare Mergers and Acquisitions Valuation 64