What is this?

What do we mean by "private equity"?

How PE is different from public markets and venture capital
Examples of private equity

Companies and the types of deals they do

How PE makes money

Go through the math of how PE is different (fewer losses, bigger checks, etc.)

What skills are required for private equity?

High level of financial literacy

The_400_Investment_Banking_Interview_Que.pdf1013.1KB

Include links to sources that go over this
There are going to have to be tons of resources here

Cases

[Explain, include history of the asset class and how it's evolved]

The Investing Vehicle

[Explain] (reference to fund structure part of wiki)

Summary Learning: The Investment Memo

[Explanation]

A Day In The Life

[Explanation]

Articles about what it's actually like to work in various positions in the industry. Everything from work-life balance to compensation to typical schedule.

Guide to PE Careers (Mergers and Inquisitions)
Q&A About Moving from IB to PE (EFinancial Careers)
Career Guide to PE (Corporate Finance Institute)

Investing Curriculum

Cover specific skills to this asset class

LBO - Leveraged Buyout

You need to be familiar with what an LBO is because it's central to how private equity works.

Valuation

Training on Comps Analysis

Credit Suisse 45 Minute Test

General Terms - EBITDA, D&A, Entry/exit multiple, Margin, Management rollover, revolver, term loan, mezzanine loan, cash interest, net book value of assets, PPE, tax rate, days receivable, days payable, inventory turns
Calucating 5-year LBO return and money multiple
IRR w/ regards to debt paydown
Constructing a cap table with debt ratio and capitalization ratio
Building a working capital schedule
Sensitizing entry multiple vs. exit multiple