1. Provide your rough estimate (X% to y%) of what the target expected rates of returns are for the following types of investors:

a- Private Equity Firms

b- Pension Funds

c- Hedge Funds

d- Life Insurance Companies

e- College Endowments

f- Old cranky professors

2. Describe what a leverage buy out (LBO) is. Who are the key players and what are the basic steps. List 3 recent LBOs.

3. Describe what a Private Equity firm is. Describe their basic business model to make money. List 3 of the more famous PE firms.

4. Describe the concepts of "pre money" and "post money".

5. Describe the concept of a "Corporate Bust Up". What are some of the challenges of doing one well/profitably?

6. Describe the concept of a "Corporate Build Up". What are some of the challenges of doing one well/profitably?