2014 Unit of Study

The session(s) below are for 2014. For Summer School 2014 unit of study availability please visit the Summer School website (main Summer session January/February 2014).

The University of Sydney session calendar shows exact dates for sessions.

Alternative Investments
UoS Code FINC3022
Credit points 6
Offered Semester 1
Prerequisites FINC2012
Assumed Knowledge
Additional Information
Lectures 1x 2hr lecture and 1x 1hr tutorial per week
Assessment mid-semester exam (20%), major assignment (30%) and final exam (50%)
Description This unit examines the motivations and strategies behind investing in alternative assets. Alternative assets are non-traditional investments relative to the usual mix of stocks, bonds, and cash. The unit's main emphasis is on private equity, venture capital investments, and hedge funds. The key topics include fund raising for alternative investments, the private equity investment cycle, structures for alternative-asset investment vehicles, issues behind selecting and financing private firms, valuation of high-growth, illiquid investments, and how to exit from such investments. The subject also examines the major strategies employed by hedge fund managers.