Portfolio Management case studies, worked step by step

Cases
100
Traced to a firm
50
Topics
13
Hard
30
Topic
All topicsStock pitch and thesis defence11Fixed income, credit and LDI11Strategic and tactical allocation7Factor investing and quant6Company analysis and valuation7Performance evaluation and manager selection7Client mandates and IPS8Risk management and limit breaches8Rebalancing, implementation and costs7Real assets and private markets8Portfolio construction and optimisation7Macro and multi-asset scenarios7Asset management business and products6
Level
AnyWarm upCoreHard
Source
AnyReported at a firmStandard
Showing 1–8 of 8 · filtered from 100Clear filters
  1. 010Buy an office building at a 7.5% cap rate on Rs 30 crore of income, with 2% costs, 4% growth, a 55% interest-only loan at 9% and an exit at an 8.0% cap rate after five years. What are the levered IRR and equity multiple, and which input moves the return most?Real assets and private marketsHardCarlyle GroupWashington · 2015
  2. 023A real estate debt sleeve holds EUR 600 million of loans on Northern European offices, Southern European retail and Gulf logistics. Stress interest rates up 100 basis points and cap rates up 75. Which loans breach a 70% loan to value or a 1.5 times interest cover covenant?Real assets and private marketsHardPIMCOMunich · 2024
  3. 035Present a data centre development to the investment committee: cost Rs 900 crore, stabilised net operating income Rs 108 crore, a 12% yield on cost against an 8% market cap rate. Show the downside of a delay, a cost overrun and a slow lease-up, and what would make the committee comfortable.Real assets and private marketsCoreNuveenNew York · 2021
  4. 048Paper LBO on a media business: buy at 10 times EBITDA of Rs 80 crore with 5 times debt at 10%, EBITDA grows 8%, all free cash flow after interest repays debt, and exit at 10 times in year five. Then answer quickly: what if exit is 9 times, leverage is 6 times, or growth is 4%?Real assets and private marketsHardNeuberger BermanLondon · 2026TPGBeijing · 2018
  5. 059Underwrite a logistics park: Rs 150 crore price, Rs 12 crore of net operating income, a 60% interest-only loan at 9.5%. What are the debt service cover and the break-even occupancy, and what protects the downside?Real assets and private marketsCoreInvescoNew York · 2025
  6. 072An endowment of Rs 3,000 crore wants 10% of NAV in private equity within five years. Capital is called 25%, 35%, 25% and 15% over four years and distributions start in year four. How much must it commit each year to reach Rs 300 crore of NAV?Real assets and private marketsCorePension and endowment investingPrivate markets
  7. 085A resort's income swings between Rs 4 crore and Rs 30 crore a year. How would you value it, and how do you avoid penalising the volatility twice?Real assets and private marketsCoreNuveenChicago · 2023
  8. 098A Rs 400 crore solar project company has 70% bank debt. The sponsor can put in its Rs 120 crore as equity or as a shareholder loan at 12%, with tax at 25%. Compare the sponsor's return and cash timing, and say why shareholder loans are used and what limits apply.Real assets and private marketsCoreNuveenLondon · 2024

Company names and figures are illustrative.