Layout 2 - PEI Media

Day One, Thursday 15th October 2009
08:45 - 08:55 PEI welcome
Philip Borel,
Editor-in-Chief,
PEI Media
08:55 - 09:10 Chairman’s welcome address
Barry Lawson,
Managing Partner,
The Private Equity Consultancy
THE ALTERNATIVE INVESTMENT FUND
MANAGERS DIRECTIVE (AIFMD)
09:10 - 09:50 Opening keynote
The future of regulation
• AIFMD - state of play of the negotiation on the
Commission proposal
• Hot topics and possible areas for amendments
• Special focus on provisions relevant to the private equity model
• Possible calendar for the adoption and implementation of
the Directive
Didier Millerot,
Deputy Head of the Asset Management Unit,
European Commission
09:50 - 10:20 AIFMD industry perspective
Identifying key areas of concern
• Scope of the proposed Directive
• Impact on third countries
• Impact on private equity-backed companies
Richard Wilson,
Senior Partner,
Apax Partners
Proposed incoming chairman of the European Venture
Capital and Private Equity Association (EVCA)
10:20 - 11:00 Panel discussion
Dissecting the proposed Directive - Anticipating the
practical challenges
• Attaining authorisation in accordance with the AIFMD
• How will capital requirements affect the business?
• Likely cost to the private equity industry of the additional level of disclosure
• Appointing an independent custodian
Monique Saulnier,
Managing Partner & CFO,
Sofinnova Partners
Vincenzo Morelli,
Operating Partner,
TPG Capital LLP
Chairman of the European Private Equity Roundtable
11:00 - 11:30 Coffee
12:10 - 13:00 The Big Debate
“The house believes that more regulation will improve the
private equity market”
Two teams go head-to-head to debate the motion
For the motion
Barry Lawson,
Managing Partner,
The Private Equity Consultancy
Against the motion
Vincenzo Morelli,
Operating Partner,
TPG Capital LLP
Chairman of the European Private Equity Roundtable
13:00 - 14:15 Lunch
MANAGING THE BUSINESS
14:15 - 15:15 Workshop A & B – See below
15:15 - 16:15 Workshop C & D – See below
16:15 - 16:45 Coffee
16:45 - 17:15 Keynote presentation
Effectively monitoring portfolio companies
• Building a financial “dashboard”
• Using your staff effectively to monitor portfolio company progress
• Providing sufficient support to the deal team
• Delivering quality information
Gerry Murphy,
Senior Managing Director,
The Blackstone Group
17:15 - 17:45 The PEI Interview
Implications of responsible investing on private equity
• Recent developments at the Principles for Responsible
Investment (PRI)
• Can PE accommodate PRI – labour and environmental
considerations – without hurting returns?
• Economic climate – what can we expect in the next 12
months?
• How will private equity evolve in the short and long term?
Donald MacDonald,
Chair,
Principles for Responsible Investment (PRI)
Director of the Trustee Board, BT Pension Scheme
17:45 - 19:00 Close of Day One and Cocktail Reception
11:30 - 12:10 Panel discussion
Fundraising in a new regulatory environment
• How will GPs and LPs in Europe be affected?
• Who can invest and raise money in Europe?
• How will major markets react to the AIFMD?
• SEC registration – an update
Filippo Cardini,
COO, General Counsel & Managing Director,
Towerbrook Capital Partners
Workshops
14:15 - 15:15 Workshop A
Risk analysis and management of risk
• Professional indemnity
• Regulatory investigation
• Crisis cover PR
• Extradition costs
14:15 - 15:15 Workshop B
The evolution of investor relations
• Managing the LP relationship
• Styles of due diligence
• Information requested and submitted – how has this changed in the
new economic environment?
• Best practice investor relations
Janusz Heath,
Managing Director, Head of Asset Management Division,
Capital Dynamics
Christiian Marriott,
Director,
Barclays Private Equity
Guy Paisner,
Investor Relations,
Doughty Hanson & Co
Fraser van Rensburg,
Partner,
MVision
15:15 - 16:15 Workshop C
Legislative changes and impact on tax
• Primer on VAT for PE houses and their funds
• Legislative developments in the UK and overseas
• Legislative developments and their potential impact on private
equity/venture capital
• Current tax issues on the portfolio: incentivising management/dealing
with debt
David Huff,
Director of Tax,
3i
David Marks,
Partner and Global Director of Taxes,
Apax Partners LLP
15:15 - 16:15 Workshop D
Managing liquidity
• Liquidity of LPs - dealing with undrawn capital
• Managing uncertainty of standards at banks
• Managing cash balances
• Finding alternative cover
Annabelle de Saint-Quentin,
Chief Financial Officer,
Tempo Capital Partners
REGISTER TODAY
Visit www.peimedia.com/cfocoo09
Or call +44 (0) 20 7566 5445

Day Two, Friday 16th October 2009
08:45 - 09:00 Chairman’s recap
Barry Lawson,
Managing Partner,
The Private Equity Consultancy
MANAGING THE BUSINESS (continued)
09:00 - 09:30 The Data Snapshot
Economic outlook – Impact on private equity markets
• Dealing with the recession
• When will the credit markets open up?
• Currency fluctuations
• Inflation and interest rates
09:30 - 10:15 Panel discussion
Dealing with valuation inconsistencies
• Generating accurate valuations
• Marking to market
• How much can you look forward?
• How to tighten up on your valuations?
Mathias Schumacher,
Managing Director,
Duff & Phelps
Tim Smith,
Chief Financial Officer,
Conversus Capital
Stephen Belgrad,
Principal,
HarbourVest Partners, LLC
David Larsen,
Board Member,
International Private Equity and Venture Capital Valuations
Board (IPEV Board)
10:15 - 10:45 Coffee
ENSURING YOUR BUSINESS SURVIVES
10:45 - 11:45 Tax for higher earners – Impact on staff and
fund structures
• Tax for higher earners - is it a company problem or a personal problem?
• Salary paid through funds – new ways of structuring deals
• Mitigating tax liability
• The PEI annual salary survey
Buchan Scott,
Partner,
Duke Street
Simon Brown,
Partner & CFO,
Cognetas
11:45 - 12:15 Closing keynote
Ensuring your firm survives!
• The future shape of PE – what will your business look like in 5 years?
• Is the current business model viable?
• What new business models are worth considering?
• Setting the firm up for the future
12:15 - 12:30 Close of conference
12:30 - 13:30 Lunch
Venue:
Mary Ward House, London
5-7 Tavistock Place, London, WC1H 9SN
T +44 (0) 20 7387 9681 F +44 (0) 20 7829 9889
E info@marywardhouse.com W www.marywardhouse.com/
Mary Ward House is a fascinating Grade 1 listed building, built in 1898
and financed by the wealthy philanthropist Passmore Edwards. Mary
Ward, the novelist and social reformer, was the inspiration behind the
endeavour to provide a centre of training, care and entertainment for the less fortunate in society.
Each finely proportioned room has its own unique character and ambience, from the distinctive library to the extensive Mary Ward
Hall. All of the rooms have natural daylight. There is also a large outdoor courtyard and garden which provides a tranquil haven in
Central London.
For the forum we have negotiated special rates at four of London’s top hotels:
The Renaissance Chancery Court Hotel
252 High Holborn, London, WC1V 7EN
Included in the TripAdvisor Traveller's Choice Top 100 Luxury Hotels
in the World. Quote reference 47507 to take advantage of the
preferential room rates:
Rooms available from: £225.00 (until 16/09/09)
T +44 020 7829 9888 F +44 0207 829 9889
The Radisson Edwardian Kenilworth
Great Russell Street, London, WC1B 3LB
Providing a luxury retreat in the heart of London to unwind. Please
quote 1014MOMENT to take advantage of the preferential room rates:
Rooms available from: £115.00 (until 14/09/09)
T + 44 020 7637 3477 F +44 020 7631 3133
E reskeni@radisson.com
The Waldorf Hilton Hotel
Aldwych, London, WC2B 4DD
The Waldorf is ideally located in the heart of London's West End.
Please quote APEIA to take advantage of the preferential room rates:
Rooms available from: £199.00 (until 16/09/09)
T +44 0870 5909 090 F +44 020 7240 9277
E hzl_mail@hilton.com
The Hotel Russell
1-8 Russell Square, Bloomsbury, London, WC1B 5BE
The Hotel Russell has been transformed to provide the ultimate in
luxury hotel accommodation. Please quote PEIM141009 to take
advantage of the preferential room rates:
Rooms available from: £125.00 (until 16/09/09)
T +44 020 7520 1806 F +44 020 7520 1840
E aginiezka.roziecka@principal-hayley.com
About Private Equity International:
Private Equity International (PEI) is the leading financial information group dedicated to
alternative assets globally – private equity, real estate and infrastructure.
We provide news, intelligence and insight of the highest value to the private equity industry
globally in a number of different formats. We publish five magazines, host four news
websites, manage what is probably the most extensive set of databases dedicated to
alternative assets, run 22 annual conferences globally, publish a library of 20 books and
directories and have a fast growing training business.
Over the years we have grown into a widely-known and highly-regarded business that
delivers detailed coverage to our customers. We have members of our award-winning
editorial team sat in all three of our offices [London, New York and Singapore] and
likewise our conference business runs events based from each of these locations.
We feel strongly that the industries we cover are inherently international and resolutely
cross-border - so to cover them effectively we must be able to connect with them in every
market and in any time zone.
We take great pride in designing and delivering forums that are substantive, topical, well
organised and, as a result, well attended. Combining education with interaction, you will gain
both practical and strategic knowledge whilst significantly developing your network of contacts.
caption:
caption:
For forthcoming events see:
www.peimedia.com/events
PEI Media Ltd,
winners of:
Magazines
Books
Conferences
Data
REGISTER TODAY
Visit www.peimedia.com/cfocoo09
Or call +44 (0) 20 7566 5445