Facilitator Guide

Key Roles in a Private Equity Fund

Facilitator Guide

Key Roles in a Private Equity Fund

Topic: Private Equity
Duration: 1 hr
Format: Remote or in person

What’s covered

Limited partnership entities
General partners
Limited partners
Deal professionals
Portfolio companies
Holding companies

Before the session

Prepare the Attendees

Send the attendees an invitation for the session. Include this link, which has the videos and exercise they’ll need to prepare.

https://www.hotshotlegal.com/trainings/key-roles-in-a-private-equity-fund/attendee

Prepare Yourself

Watch the videos and read the exercise so you’re familiar with the Hotshot material.

Course

Key Roles in a Private Equity Fund

An explanation of how PE funds work by exploring the roles of the key participants in a limited partnership, including the general partner, limited partners, deal professionals, portfolio companies, and holding companies.
Exercise
PDF

During the session

Part 1: Knowledge Check

Ask attendees these questions to ensure they understand the topic:

What does a general partner do?
How does the general partner get compensated?
What is a limited partner and who can be one?
What is a deal professional? Who do they work for and what do they do?

Part 2: Group Exercise

Lead a group discussion based on the exercise. To encourage collaboration, divide the attendees into groups to discuss the exercise, then have a representative from each group summarize their views to the larger group. Call on people to share their thoughts and ask others to respond.

Tip for remote sessions: use your web conferencing system’s breakout room feature to divide people into groups.

Part 3: War Stories and Firm Specifics

Share your own experiences and guidance, including:

Anecdotes and war stories (e.g., about a near-disaster or a tough negotiation)
General practice tips (dos and don’ts)
Firm-specific guidance and practices

After the session

To continue their learning, attendees can check out related courses in Hotshot’s Private Equity topic.

About Hotshot

Hotshot helps lawyers develop their legal, business, and technology skills through short videos, quizzes, and summaries, and we help law firms and law schools plan and deliver engaging training programs. Our customers include Am Law 200 firms, top law schools, and regional and international firms.