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Glossary 18 – Key legal documents in Private Equity and M&A transaction

Besides knowledge and skills in domain of finance, dealmakers are required to have good understanding about the key legal documents in private equity (PE) and Mergers and Acquisitions (M&A) transactions. These documents are integral to ensuring that both parties' interests...

Glossary 17 – Exit Rights

In private equity (PE) investment, exit rights provide PE investors with strategies to sell their shares when it is not possible to exit through listing on the stock exchange. Three key exit rights are tag-along rights, drag-along rights, and put...

Glossary 16 –Liquidity Event

A liquidity event is a pivotal moment in the private equity world, signifying the successful "exit" from an investment in a non-public company. It's when the private equity fund relinquishes its ownership stake (illiquid shares) and converts it into liquid...

Private Equity- Investment Banking jobs in Vietnam

Excelsior Capital Vietnam, a Vietnam-based private equity firm, is looking for an Analyst with at least 2 year of experience working in Investment Banking / M&A Advisory firms or finance-related areas. Being alumni of the Private Equity and Investment Banking...

Glossary 15 – Anti-Dilution

In the world of private equity, investors face a constant threat: dilution. This occurs when a company issues new shares at lower valuations than the previous fund-raising rounds, decreasing the existing investors' ownership percentage. At its core, the anti-dilution clause...

Vietnam Career Talk 2024

We highly recommend this event, held by Vietnam Community of Investment Professionals, to fresh graduates, third year students or anyone who intends to switch their career to the investment and finance industry. This is a rare occasion where you can...

Glossary 14 – Due diligence in M&A and Private Equity

Due diligence (DD) in M&A and Private Equity (PE) is a comprehensive investigation process conducted by buyers or investors to assess the target company's financial, legal, operational, and strategic aspects. This multifaceted task involves scrutinizing financial statements, examining legal contracts,...

Glossary 13 – Carved-Outs, The Strategic Divestitures in Private Equity

In the dynamic world of private equity (PE), deal-makers are constantly seeking innovative ways to unlock value. One strategy gaining traction is the "carved-out" transaction. Carved-outs, often referred to as divestitures or spin-offs, entail the strategic separation of a particular...

Glossary 12 – Deal Structuring

In the world of private equity (PE) and investment banking (IB), beyond deal origination, due diligence and negotiation, lies another crucial task: transaction structuring. Transaction structuring is the art of designing the commercial, legal and financial framework for a deal....

Glossary 11 – Dilution

In private equity investments (PE), dilution is a critical concern that investors must address when negotiating investment terms. Dilution occurs when the ownership percentage of existing shareholders decreases due to the issuance of additional shares, typically during subsequent financing rounds...

Glossary 10 – Exit Strategy

Crafting an effective exit strategy is paramount in private equity investment as it provides direction right from the outset, guiding investment decisions and ensuring the investment’s alignment with the ultimate goals of the fund. Private equity investors typically employ various exit...

Glossary 9 – Recapitalisation

Recapitalization, a financial strategy often employed in the dynamic landscape of private equity and investment banking, plays a pivotal role in reshaping a company's capital structure to optimize its financial position and enhance overall efficiency. This strategic maneuver involves altering...

Glossary 8 – Mezzanine Debt

Mezzanine debt, a hybrid financing instrument between traditional debt and equity, is a pivotal component in private equity transactions. Positioned between senior debt and equity in the capital structure, mezzanine debt combines the benefits of both, often featuring subordinated debt...

Glossary 7 – Liquidity Events

In the dynamic landscape of the private equity industry, a critical phase that marks the culmination of an investment cycle is the Liquidity Event. A Liquidity Event refers to the process by which a private equity firm realizes its investment...