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Wednesday, January 16, 2008 (Day 1)
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8:00 AM
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Registration & Continental Breakfast
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9:00 AM
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Welcome Remarks
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| Speaker(s) |
 Hans van den Berg
Partner
Venture Partners AG
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9:15 AM
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Session I – “The Problem of Liquidity: Causes, Factors and Ways to Address the Issue (An Economist’s Perspective)”
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What happened to the fountain of the growth experienced in the past 4 years? The industry must raise $150 billion in leveraged debt order to complete previously announced deals. With funding sources tightening their lending practices, some of that money may never materialize. What will be next?
• How will Private Equity firms address the credit crunch?
• Will previously announced deals get done?
• What opportunities are available in secondaries and distressed debt?
• Investments that will protect investor’s assets in a liquidity crisis.
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| Speaker(s) |
 Charles Dumas
Director
Lombard Street Research Ltd
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10:00 AM
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Session II – “The Evolution of the Secondary Market”
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Hear how Secondary Funds and Secondary direct investments are shaping up under the new Private Equity landscape. This session will present research, views and updates on the legal aspects of secondary transactions.
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| Speaker(s) |
 Nigel van Zyl
Partner
SJ Berwin
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 Ylan Steiner
Partner
SJ Berwin
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10:45 AM
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Morning Networking Break
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11:15 AM
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Session III – “A Deep Look into Fund of Funds”
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Fund of funds became one of the most popular means for European Investors looking to gain access to PE investments and currently service up to 51% of institutions in some countries. Also, Fund of funds have grown to become the second largest providers of capital in Europe with 18% of total funds raised in 2006. The numbers confirm that Fund of funds is an indispensable and effective vehicle that allows investors to take advantage of private equity while controlling risks. Hear more about this growing segment in critical session that will cover how Fund of Funds progressed across the years, and what is the market update for today’s economy.
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| Moderator(s) |
 Mark O'Hare
Managing Director
Private Equity Intelligence
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| Speaker(s) |
 Arnaud Lipkowicz
Partner, Customized Fund Investment Group
Credit Suisse
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 Stephan Schaeli
Partner
Partners Group
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Francesco di Valmarana
Investment Director
Unigestion
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Kanako Sekine
Director
European Bank for Reconstruction and Development
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12:00 PM
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Keynote Address:
Luncheon Keynote: “State of the Industry Address” Presented by EVCA
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This session will cover the industry’s current status in correlation to the conference’s theme and program. Key topics will include: industry drivers, is the credit crunch to halt buyouts, regulatory and tax issues, fusion of the roles within the various players in private equity.
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| Speaker(s) |
 Javier Echarrri
Secretary General
EVCA
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2:30 PM
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Session IV – “The Top Current Opportunities in the US & Europe”
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With the new scenario in Private Equity, will investors become more risk-adverse and focus more on mainstream markets rather than emerging markets? Discover which industries and sectors are still delivering alpha despite the economic downturn, including Distressed Debt, Infrastructure, Energy, and more.
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| Moderator(s) |
 Timothy Cunningham
President
Touchstone Group, LLC
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| Speaker(s) |
Jim Sullivan
Managing Director
Lincoln Vale
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 Katharina Lichtner
Head of Research
Capital Dynamics
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Rob-Roy Roedel
Chief Executive Officer
Plenum Group
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3:15 PM
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Afternoon Networking Break
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3:30 PM
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Panel:
Session V – “Searching For Growth – How Emerging Markets are key to leveraging growth in the current economic cycle”
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As Private Equity lacks opportunities to leverage its usual drivers, a diversified strategy that includes investments in emerging markets may be the only solution to maintaining high returns. This session will explore investment opportunities in emerging markets, including India, China, Latin America.
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| Moderator(s) |
 Gerry O’Carroll
Senior Consultant
Watson Wyatt Worldwide
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| Speaker(s) |
 Dominic McGlinchey
Managing Partner
Epiven
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 Harold Weiss
Chief Executive Officer
Horizon21 Private Equity
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 Tom F. Clausen
Managing Partner
Capvent AG
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4:15 PM
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Session VI – “Survival of the Fittest: How GPs Generate Growth under the Current Markets?”
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This session will cover key topics as the relationship between GPs and LPs adapts to recent market changes, including:
• Fund performance has been the critical element to distributors and investors across Europe –
How will Private Equity firms continue to generate growth under the current markets?
• As market volatility increases, the role of investor relations has been of growing importance –
How are GPs working to build better relationships with investors?
• With investors creating internal Fund of Funds, Hedge Funds investing in Private Equity and GPs going public –
How is the diversification of roles affecting Private Equity firms?
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| Moderator(s) |
 Olaf Neubert
Managing Partner
Hedges Capital, Inc.
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| Speaker(s) |
 Christina Pamberg
Director, European Head of Investor Relations
Kohlberg Kravis Roberts & Co
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 Michael Kelly
Managing Director
Nova Capital Management
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 Erin L. Harrell
Director, Investor Relations
3i Buyouts
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5:15 PM
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Networking Reception
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Thursday, January 17, 2008 (Day 2)
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Return to Top
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8:00 AM
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Registration & Continental Breakfast
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9:00 AM
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Recap of Day 1 & Introduction to Day 2
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| Speaker(s) |
Hans van den Berg
Partner
Venture Partners AG
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9:15 AM
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Keynote Address:
“The LP Perspective in Asset Allocation & Identifying the Best Funds to maximize Returns”
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As the PE landscape changes daily, institutional investors are taking charge of their portfolios to address the current challenges. Learn direclty from Dr. Thomas Meyer, an investor responsible for analyzing The European Investment Fund (EIF)’s portfolio of Fund of Funds as to how LPs are closely managing risk in portfolio construction.
Key considerations include:
• What are acceptable returns under the current market?
• Will Investors become more conservative in their investments due to lower multiples?
• Which subset asset categories are most appealing to help investors mitigate risks?
• What are key considerations in fund manager selection, and the importance of fund terms?
• What kind of information do LPs seek from both Fund of Funds and GPs for effective portfolio monitoring and in order to meet the needs of changing regulations?
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| Speaker(s) |
 Thomas Meyer, PH.D.
Head of Risk Management and Monitoring
European Investment Fund (EIF)
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10:15 AM
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Session II – “An Inside View of the Secondary Markets”
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Hear directly from key secondary market players as to the benefits of participating in this growing market, and what are some top considerations, such us:
• What are LPs' experiences of investing in secondary funds?
• How are secondary investment players adapting to a more competitive environment?
• What have been the latest on direct secondaries? Is it growing at a faster pace than Secondary Funds?
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| Moderator(s) |
 Brenlen Jinkens
Managing Director
Cogent Partners
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| Speaker(s) |
 Andre Aubert
Vice President
LGT Capital Partners Ltd.
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 Charles Soulignac
Chief Executive Officer
fondinvest
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11:15 AM
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Morning Networking Break
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11:45 AM
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Session III – “How Emerging Managers & Heavy Hitters Compete”
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Emerging Managers with less than 1 Billion in assets have been outperforming large funds for the last 15 years with an average of 15.9% returns versus 11.6% for larger funds. Large buyouts depend on leverage to generate high returns, but in the small end of the market, debt is less available and desirable — so value is created in different ways. Operational improvements, growth catalysts, risk mitigation are some of the instruments applied by "small cap" buyout funds. Are these avenues also available for middle market/mega funds now that the capital markets have contracted?
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| Moderator(s) |
 Marc der Kinderen
Managing Partner
747 Capital
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| Speaker(s) |
Adrian Smith
Director EPIS
University of Edinburgh
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 Rainer Ender
Managing Director
Adveq
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 Lauge Sletting
Managing Partner, Private Equity Advisor for Nordea Investment Management
North Sea Capital A/S
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12:15 PM
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Conference Concludes
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