Advanced Pro Forma: Investment Waterfalls (On-Demand)


Wednesday, July 1st, 2020
to Thursday, June 30th, 2022

Choose Your Calendar


    ULI Learning Platform
    Modeling investment waterfalls is the most complex task in developing a pro forma, but it doesn’t need to intimidate you. In this course, you will develop the skills to be able to produce your own investment waterfall pro forma.


    Pricing Members Non-Members
    Private $395.00 $525.00
    Public/Academic/Nonprofit $350.00 $525.00
    Retired $395.00 N/A
    Student $350.00 $525.00
    Under Age 35 $395.00 $525.00
    This course takes you from the point of being capable of modeling a basic development or investment pro forma, to being able to model investment waterfalls in the context of advanced analytics and sensitivities testing. Develop and hone your analytical skills while learning to model investment pro formas involving multiple investors with different stakes and deals.

    Learning Objectives

    Upon completion of this course, you will:
    • Understand how to test your pro forma’s sensitivities to avoid costly errors.
    • Model investment waterfalls to plan distributions to equity partners.
    • Analyze a complex pro forma.
    This course counts toward the Pro Forma Fundamentals Certificate.