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所在平台: Udemy |
课程主页: https://www.udemy.com/course/new-2025-private-markets-and-alternative-investments/
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课程名称：全球私人市场与替代投资新课程 2025 课程概述：私人市场和替代投资是一个仅供合格投资者进入的投资空间，投资者可以购买非上市公司的股份。这些公司不公开财务信息，只有授权的人才能了解其经营状况。私人市场通常具有较高的交易成本、较少的买卖双方，信息在交易方之间未完全披露，价格往往通过谈判而非公共市场确定。这些因素导致私人市场的交易频率大大降低，从而减少了资产价值的波动性。因此，私人投资的波动性通常低于公共投资。 替代投资是指不属于传统投资类别的金融资产。传统投资包括股票、债券和货币。大多数替代投资由机构投资者或超高净值个人持有，因其复杂性、监管不足和高风险性而受到青睐。替代投资包括私募股权基金、风险投资基金、对冲基金、期货基金、艺术品、古董、商品或衍生品等。此外，房地产也被视为一种替代投资。 本课程将提供私人市场与替代投资的全面概述，帮助学员理解关键术语及概念，掌握私募股权、私人信贷、房地产与基础设施、商品及对冲基金之间的主要特点和差异。 课程内容包括： 主题1：私人市场与替代投资概论 - 阐述私人市场和替代投资在多资产投资组合中的不同角色。 - 讨论将资金配置到私募股权、私人债务、对冲基金、商品和自然资源、房地产及基础设施的投资考量。 - 描述投资私人市场与替代投资的潜在益处与挑战。 主题2：私募股权与私人信贷投资 - 了解私募股权和私人信贷投资的特点。 - 熟悉价值创造、成本与风险、基金结构及术语，并解读风险投资与收购私募股权投资的表现。 - 理解各种私人贷款与信贷投资的价值创造、成本与风险。 主题3：房地产与基础设施投资 - 解释房地产与基础设施作为资产类别的各种投资结构的特点。 - 阐述直接和间接房地产及基础设施投资的收益来源、风险及多元化利益。 - 讨论这两个资产类别的尽职调查与估值流程。 主题4：商品与自然资源投资 - 比较不同商品与自然资源部门的特点，理解其从生产到消费的生命周期。 - 了解商品期货市场的参与者、收益与风险，分析现货与期货价格的关系。 - 了解如何利用商品衍生品（如期货和掉期）获取或调整商品敞口，并评估其风险与收益影响。 主题5：对冲基金投资 - 理解对冲基金投资的特征、形式与结构，以及风险与收益特性。 - 了解股权相关、事件驱动、相对价值、机会主义及多经理人对冲基金策略。 - 学习绩效评估问题、计算与解读投资收益，并对对冲基金投资进行尽职调查。 本课程为希望深入了解私人市场与替代投资的投资者提供了详尽的知识基础，是提升投资能力的重要一步。
Private Markets and Alternative InvestmentsA private market is an investment space reserved for qualified investors where they can buy shares in unlisted companies. These companies do not make their financial information public, so only those who are authorized to know how they are doing. Private markets generally have higher transaction costs, a lower number of buyers and sellers, information is not fully disclosed between parties, and prices are often determined by negotiation rather than public markets. These requirements result in a much lower frequency of transactions in Private markets, which means less volatility in asset values. Therefore, volatility is much lower and less likely to occur than in public investments.An alternative investment is a financial asset that does not fall into the traditional investment categories. Traditional investments include stocks, bonds, and currencies. Most alternative investments are held by institutional investors or the ultra-high-net-worth individuals, due to their complexity, poor regulatory status, and high risk. Alternative investments include: private equity funds, venture capital funds, hedge funds, futures funds, art, antiques, commodities, or derivatives. Real estate is also listed as an alternative investment.The Private Markets and Alternative Investments Certificate provides a comprehensive review of critical terminology and concepts. Understand the key features and differences between private equity, private credit, real estate and infrastructure, commodities, and hedge funds.The Private Markets and Alternative Investments CertificateTopic 1: Introduction to Private Markets and Alternative Investments1. Explain the various roles that private markets and alternative investments play in multi-asset portfolios.2. Discuss key investment considerations for allocating funds to private equity, private debt, hedge funds, commodities and natural resources, real estate and infrastructure.3. Describe the potential benefits and challenges associated with investing in private markets and alternative investments.Topic 2: Private Equity and Private Credit Investments1. Candidates will gain an understanding of the features and characteristics of private equity and private credit investments.2. Candidates will gain an understanding of value creation, costs and risks, fund structures, terms and interpreting performance of venture capital and buyout private equity investments.3. Candidates will gain an understanding of value creation, costs and risks, fund structures, terms and interpreting performance of various private lending and credit investments.Topic 3: Real Estate and Infrastructure Investments1. Candidates will be able to explain the characteristics and features of the various investment structures of real estate and infrastructure as asset classes.2. Candidates will be able to explain the sources of return, risks, and diversification benefits from both direct and indirect investments in real estate and infrastructure.3. Candidates will be able to discuss the due diligence and valuation processes for both asset classes.Topic 4: Commodities and Natural Resources Investments1. Candidates will be able to compare the characteristics of different commodity and natural resources sectors and understand their life cycles from production to consumption.2. Candidates will gain an understanding of the types of participants, returns and risks in commodity futures markets and analyze the relationship between spot and futures prices.3. Candidates will gain an understanding of the use of commodity derivatives, such as futures and swaps, to obtain or modify exposures to commodities and evaluate their risk and return implications.Topic 5: Hedge Fund Investments1. Candidates will gain an understanding of the features, forms and structures, and risk and return characteristics of hedge fund investments.2. Candidates will gain an understanding of equity-related, event-driven, relative value, opportunistic, and multi-manager hedge fund strategies.3. Candidates will gain an understanding of performance appraisal issues, calculating and interpreting investment returns, and performing diligence of hedge fund investments.
