OfficeHours

MAY 19, 2023

If you’ve ever thought that Buyside might be for you — whether it be Growth Equity, Private Equity, Hedge Funds, Corporate Development, Venture Capital, etc. A Few Reads to Digest Valuation Simplified: How Discounted Cash Flow Modeling Drives Financial Analysis Harness Discounted Cash Flow (DCF) modeling for financial analysis.

Discounted Cash Flow 130

Discounted Cash Flow Financial Analysis Accountant DCF 130

Mergers and Inquisitions

JULY 19, 2023

When you hear the term “long-only hedge funds,” your first thought might be: “How can a hedge fund hold only long positions? Doesn’t that contradict the term ‘hedge fund’? Why would investors pay high fees for what is effectively a mutual fund?” These are all good questions.

Funds 52

Funds Asset Management Management Equities 52

Francine Way

JULY 17, 2017

This current post about Leveraged Buy Out (LBO) is about a valuation method used by a very specific type of financial acquirer: private equity (PE) firms. We then calculate Implied Equity Purchase Price as follow: Transaction (Enterprise) Value = Most current EBITDA * EBITDA Multiple.

Valuation 130

Valuation M&A Debt Book-building 130

Mergers and Inquisitions

APRIL 5, 2023

But one possible exception lies in sovereign wealth funds (SWFs) , which are similar to funds of funds in some ways. I’ll address all these points here and cover the advantages and disadvantages of SWFs, but let’s start with the definitions and overview: What Are Sovereign Wealth Funds?

Recruitment 59

Recruitment Funds Private Equity Investment 59

Mergers and Inquisitions

MAY 3, 2023

It can be useful for certain companies, such as power and utility firms and midstream (pipeline) operators in oil & gas … …but it’s also much harder to set up and use than a standard DCF. And Equity Real Estate Investment Trusts (REITs) must distribute almost all their Net Income, so the DDM can work well in REIT valuations.

Valuation 64

Valuation DCF Debt Financial Modeling 64

OfficeHours

OCTOBER 17, 2023

So you want to pursue a role in Private Equity and Growth Equity? If you do, you may be able to afford to have less in your emergency fund in case something goes wrong (i.e. Therefore, it’s hard to predict what exactly this expense will be in the future but it’s good to be prepared with a more conservative number.

Private Equity 130

Private Equity Debt M&A Investment 130

Mergers and Inquisitions

JUNE 21, 2023

You’ll also see a fair number of deals in the financial sponsors group due to the many sovereign wealth funds in the region. Like the issues with sovereign wealth funds there, you’ll face a much tougher path if you’re not from the right country or you don’t have the right connections. 1,000 | Dubai: ~150 Hedge Funds: S.:

Investment Banking 105

Investment Banking Bank Banking Investment 105

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. For example, lower interest rates may lead to higher asset inflows into equities and lower bond returns, impacting the management fees.

Asset Management 52

Asset Management Management Valuation Discounted Cash Flow 52

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. However, many people also use the term more broadly to refer to equity, debt, and advisory for infrastructure assets.

Corporate Finance 59

Corporate Finance Financial Modeling Financial Models Finance 59

Wizenius

JUNE 5, 2023

Highlight your experience in performing company valuations using various methods, such as discounted cash flow (DCF) analysis, comparable company analysis, or precedent transactions. Fund Raising: Showcase your expertise in fundraising activities, which play a vital role in investment banking. However, keywords alone are not enough.

Investment Banking 52

Investment Banking Bank Banking Investment 52

Peak Frameworks

JUNE 7, 2023

The Role of CFO in Financial Analysis and Decision-Making CFO is a critical metric in various financial analyses: Capital Budgeting - Companies often use CFO to determine whether they can fund new projects without external financing.

Financial Analysis 52

Financial Analysis Discounted Cash Flow DCF Finance 52

Mergers and Inquisitions

JANUARY 10, 2024

By contrast, investment banking is more about advising companies on transactions such as M&A deals , equity and debt deals , and restructuring. You will very rarely get exposed to the type of financial modeling that bankers complete: 3-statement models , DCF models , M&A models , LBO models , and so on.

Investment Banking 59

Investment Banking Management Bank Banking 59

Mergers and Inquisitions

SEPTEMBER 20, 2023

Q: Why not private equity, growth equity, hedge funds, or entrepreneurship? A: You’re most interested in tech or life science startups, and PE funds and hedge funds do not work with these companies in the same way, as they don’t directly fund their development activities.

Capital 59

Capital Valuation Investment Portfolio 59

Mergers and Inquisitions

OCTOBER 18, 2023

But in capital markets, you work on just one category of deals , such as equity-related transactions (IPOs, follow-ons, convertible bonds, etc.) Note that while Leveraged Finance is technically in “capital markets,” it is closer to groups like M&A because most of the work relates to funding for acquisitions and leveraged buyouts.

Investment Banking 59

Investment Banking Capital Market Recruitment Capital 59

Mergers and Inquisitions

DECEMBER 20, 2023

You probably won’t be able to get a “real” IB internship, but you can find some good alternatives: Search fund internships. Internships at local venture capital or private equity firms. You could also think about fields like equity research that are less structured and that might allow you to get in without a previous internship.

Investment Banking 105

Investment Banking Bank Banking Investment 105

Mergers and Inquisitions

APRIL 19, 2023

Metals & Mining Investment Banking Definition: In metals & mining investment banking, professionals advise companies that find, produce, and distribute base metals, bulk commodities, and precious metals on debt and equity issuances and mergers and acquisitions. What Do You Do as an Analyst or Associate in the Group?

Investment Banking 52

Investment Banking Bank Banking Investment 52

Software Equity Group

FEBRUARY 26, 2024

DCF: Discounted Cash Flow Estimates a company’s value and forecasts future cash flow by incorporating the time value of money. DCF is used when making investment decisions and understanding a business’s current and future value. The post Useful Software Industry Acronyms for Executives appeared first on Software Equity Group.

Discounted Cash Flow 52

Discounted Cash Flow M&A Profitability S&P 52

Mergers and Inquisitions

JANUARY 22, 2025

We sometimes get questions about why we dont offer an equity research course. People are convinced that financial modeling in equity research is vastly different from investment banking and that research requires different or more specialized skills. IB is all about deals , while ER is all about coverage.

Investment Banking 64

Investment Banking Equities Bank Banking 64

Cooley M&A

JULY 9, 2021

January 2020) +12% DCF Private target; unreliable sales process Final (affirmed on appeal on January 22, 2021) Synapse Wireless (VC Slights – Del. July 2020) -50% DCF Private target; unreliable sales process; no pre or post-signing market check Final (petition for reargument denied on December 1, 2020).

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Mergers and Acquisitions Sale Shares Entertainment 52

Mergers and Inquisitions

MARCH 5, 2025

If you had to pick a single industry that could be interesting to every hedge fund investing in individual companies, it might be biotech. Of course, biotech is not an official hedge fund strategy. Example Biotech Trades What Makes Biotech Hedge Funds Different? also find their way into the industry. And What Do They Do?

Funds 64

Funds Healthcare Mergers and Acquisitions Valuation 64

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 growth equity? Q: Walk me through your resume.

Private Equity 59

Private Equity Equities Capital Valuation 59