Introduction to Private Equity: Fall 2026

By Shayne Fitz-Coy · Seoul National University · Current term

Fall 2026 is the current term. Class notes from the second offering of Introduction to Private Equity at Seoul National University. Classes meet Tuesdays, 10:00–12:50, in Building 58, Room 331.

Published class notes

  1. Class 01: Private Equity Investment Judgment · September 1, 2026. Screening businesses, customer concentration and the Sunrise expansion case.
  2. Class 02: Investment Returns and Leverage · September 8, 2026. Cash flow, returns and leveraged buyouts.
  3. Class 03: Fundraising, Mandates, and the Limited Partner Decision · September 15, 2026. Fund structures, commitments and manager selection.
  4. Class 04: With Other People’s Money · September 22, 2026. Fundraising, fund fees, carried interest and returns to investors.
  5. Class 05: Screen the Market, Make a Credible Bid · September 29, 2026. Screening businesses, funding a bid and modeling buyout returns.
  6. Class 06: Follow the Cash, Defend the Bid · October 6, 2026. Earnings, cash flow, debt capacity and defending an offer.
  7. Class 07: Test the Business, Price the Buyout · October 13, 2026. Testing a buyout candidate, the three return drivers, debt capacity and valuation methods.

This page lists the notes currently published, in teaching order. Additional notes will be added as they are prepared.