Equity Capital Markets Overview
Learn about equity capital markets. Concepts covered include types of equity capital and IPOs
Overview
Unlock the playbook for raising capital with this hands-on course exploring the many faces of equity financing. From early-stage private rounds to high-profile public offerings, you'll discover the full range of options available to companies navigating the capital markets. Dive into the inner workings of syndicate structure, gross spreads, and the IPO process, and gain clarity on follow-on offerings that keep the momentum going. Topics covered include:
- What is equity capital
- Types of equity and liquidity preference
- Relative cost of equity vs. other financing alternatives
- Equity options available to public and private companies
- Syndicate structure
- Gross spread (management fee, underwriting fee, selling concession)
- Overallotment option (“greenshoe”)
- Equity capital markets overview
- Origination vs. syndicate
- Private placements overview
- PIPE overview
- IPO considerations, process and modeling
- Why pursue an IPO vs. sale
- Overview of IPO process from pitch to closing including junior banker responsibilities
- IPO modeling, valuation and discounts
- Follow-on execution methodologies