16 LEVEL II GP Value Creation The ILPA Institute Level II Module 5 focuses exclusively on the assessment of the general partner’s ability to create value with their portfolio companies. The format includes moderator-led discussions, a series of deal case studies, group discussions and presentations delivered by select general partners, operating partners and CEOs of private equity-backed companies. Through the presentations and discussions, participants will learn about current strategies, tools and processes that general partners employ to create and measure value creation from sourcing, execution through to exit. The Module will cover a variety of strategies that may include buyout (mid-market and large buyout), growth equity, venture capital and special situation with GP representation from around the world. The group will discuss the merits, challenges and diligence/assessment of various value creation tools and techniques in a real-world practical context with a goal of honing their skills to distill how managers add the most value to their portfolio companies. COURSE OVERVIEW This module will expose participants to value creation methodologies using a company lifecycle approach.The moderator-led discussions along with speakers from a leading mid-market buyout firm will present real- life case examples of value creation strategies utilized at various stages of a company’s lifecycle: 1) pre-acquisition 2) post-acquisition 3) pre-exit and 4) post-exit. One company will be featured, illustrating the value creation strategies at each stage of its lifecycle. Other case examples will also be introduced to demonstrate different strategies (cash flow generation/debt pay down, earnings growth and multiple arbitrage) used for each stage. In addition, select case study deals will be used to discuss and explore value creation methods of a select group of private equity managers from different sectors that may include mega buyout, growth equity, venture and distressed strategies and general partner resources and skills sets.This module will also include the unique perspective of operating partners and CEOs that will provide a practical approach to discussing and challenging the merits of various value creation tools and techniques. Last, new models will be introduced that provide a value creation bridge with specific measurement of key actions taken by the company during the PE ownership phase. LEVEL II - MODULE 5