Alternative Investments (FINC3022)

UNIT OF STUDY

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.

Further unit of study information

Classes

1x 2hr lecture and 1x 1hr tutorial per week

Assessment

mid-semester exam (20%), major assignment (30%) and final exam (50%)

Faculty/department permission required?

No

Unit of study rules

Prerequisites and assumed knowledge

FINC2012

Study this unit outside a degree

Non-award/non-degree study

If you wish to undertake one or more units of study (subjects) for your own interest but not towards a degree, you may enrol in single units as a non-award student.

Cross-institutional study

If you are from another Australian tertiary institution you may be permitted to underake cross-institutional study in one or more units of study at the University of Sydney.