ECM & SPACs

Program Description

Every company that comes to market follows an exacting process: valuation, underwriting syndicate, price formation, debut. Equity Capital Markets are that process. And SPACs are its alternative route. This programme covers both in depth.

Over sixteen live hours, participants study the mechanics of public offerings: the players involved, the stages of a placement and the factors that determine pricing. The programme also delves into SPACs: their structure, sponsor incentives, redemption rights and the merger process that takes a private company to the public market.

For those who manage or advise wealth, understanding these transactions means understanding where value is created and where it is destroyed in equity markets. Virtual Live format, April 2026.

General Objective

To provide participants with a deep understanding of how equity capital markets (ECM) and SPACs operate, from the mechanics of a placement to the assessment of risks and opportunities for the private wealth investor.

Learning Objectives

• 01Understand how Equity Capital Markets function and their principal transactions.
• 02Analyse the process of an initial public offering: players, stages and price formation.
• 03Distinguish between the different types of equity placement and their implications for the investor.
• 04Understand the full life cycle of a SPAC: formation, target search and merger.
• 05Assess sponsor incentives and investor rights within a SPAC structure.
• 06Compare the SPAC against the traditional public offering as a route to market.
• 07Identify the risks and opportunities of participating in placements from a private wealth portfolio.

Why Take This Program

1. Sixteen hours of live instruction: genuine depth, not a superficial overview.
2. Covers the complete cycle of a public listing: from valuation to market debut.
3. Includes the SPAC phenomenon: structure, sponsor incentives and merger process explained with rigour.
4. Virtual Live format: live, interactive sessions from any location.
5. A wealth-management perspective: what these transactions mean for those who invest, not only for those who issue.
6. Tools to evaluate participation in placements from a private portfolio.
7. Part of the 2026 catalogue of the Private Wealth Management Institute.
8. Scheduled for April 2026 within the official PWM calendar.
9. Tuition of $30,000 MXN, VAT not included.
10. Backed by RiskMathics, the benchmark institution for financial training in Latin America.

Syllabus — Key Topics