Course description
Private equity fund accounts are required to enable each limited partner investor in funds to track their capital contributions and distributions of capital profits. This can make accounting for these types of funds particularly complex.
Keith Arundale presents this succinct and informative webinar which covers how to deal with fundraising costs, manager’s remuneration, carried interest, methods of valuation of portfolio companies and measuring private equity returns.
This will also include an analysis of the GP/LP relationship, accounts prepared in accordance with IFRS, the allocation and vesting of carried interest, the Invest Europe Investor Reporting Guidelines, the measurement of PE returns, and more.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
This webinar provides a 30-minute overview on the principles of accounting for private equity funds. Fund accounts are required to enable each limited partner investor in funds to track their capital contributions and distributions of capital profits.
This webinar will cover how to deal with fund raising costs, manager’s remuneration and carried interest. Methods of valuation of portfolio companies and how to measure private equity returns are also outlined.
If you wish to learn about the fundamental aspects of private equity fund accounting, then this introductory level webinar is for you.
What You Will Learn
The webinar will cover the following:
- Brief recap on the private equity fund raising and investment process
- GP/LP relationship
- Principles of accounting for the PE fund
- Separate records for each limited partner investor
- Accounts prepared in accordance with IFRS; differences with US GAAP
- Treatment of fund raising costs
- Management remuneration
- Carried interest: ‘fund as a whole’ basis versus ‘deal by deal’ basis
- Distribution waterfall
- Allocation and vesting of carried interest
- Valuation of portfolio companies
- Example of Meta/Facebook valuation
- Invest Europe Investor Reporting Guidelines
- Measuring PE returns: IRR and multiple
- Investor relations
- Example summary PE fund accounts
Expenses
MBL Seminars Limited
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