Capital Creation 2014 (past event)
08 - 10 September, 2014
Array
Main Conference Day 1 -
07:15 - 08:00 Registration & Networking Breakfast
08:00 - 08:10 Chair's Welcome Address and 5 minute business card exchange
08:10 - 08:30 Fireside chat: How is Private Equity Performing 5 Years Post-Crisis ?
08:30 - 09:10 Community forum: The 'New Face of Europe' - What’s different now? Part I: Private equity in Europe – it’s all okay now isn’t it?
Moderator:
François Aguerre Partner Coller Capital
Speakers:
Martin Calderbank Managing Partner Agilitas Partners
Pierre- Antoine De Selancy Managing Partner 17 Capital
Ivan Massonnat Investor Relations & Fundraising PAI Partners
Koos Teule Chief Financial Officer and Director Investor Relations Glide Buy Out Partners
François Aguerre Partner Coller Capital
Speakers:
Martin Calderbank Managing Partner Agilitas Partners
Pierre- Antoine De Selancy Managing Partner 17 Capital
Ivan Massonnat Investor Relations & Fundraising PAI Partners
Koos Teule Chief Financial Officer and Director Investor Relations Glide Buy Out Partners
Part 1: Private equity in Europe - It's all okay now isn't it?
What has 2014 done for the perception of PE in Europe to date?
Audience vote: Is PE in Europe a safe bet foe LPs now? (yes/no)What has 2014 done for the perception of PE in Europe to date?
Martin Calderbank
Managing PartnerAgilitas Partners
Koos Teule
Chief Financial Officer and Director Investor RelationsGlide Buy Out Partners
09:10 - 09:40 Community forum: The 'New Face of Europe' - What’s different now? Part II: Choosing where to invest in Europe
Part II: Choosing where to invest in Europe
-Which are the problem areas and where will the hot spots be?
- What are the main strengths and weaknesses of each region in a competitive landscape?
Audience note: Where in Europe would you invest 10 mil Euro if you had to pick on the spot?
BaltCap
-Which are the problem areas and where will the hot spots be?
- What are the main strengths and weaknesses of each region in a competitive landscape?
Audience note: Where in Europe would you invest 10 mil Euro if you had to pick on the spot?
Peeter Saks
Managing PartnerBaltCap
09:40 - 10:20 Community forum: Regional ‘One-Stop-Shop’- What do you need to know about regional European opportunities now?
Hear case studies and comparisons from those in the know, focusing on the strength of different European markets - with up to the minute commentary on what opportunities are presenting themselves across Europe, and the approach they envisage driving the best returns. A pan-regional overview in 40 minutes!
10:20 - 10:50 Community forum: Creating value and operational excellence - Does strategically buying cheap perform more consistently than seeking operational excellence?
- Examples of strategies that have and have not worked for:
1) Buying cheap and turning a company around
2) Buying full price and creating extra value in the business
- What type of roles should the GP take in order to achieve operational excellence?
- Do operating partners in PE funds really create value?
Hamburg Family Office
1) Buying cheap and turning a company around
2) Buying full price and creating extra value in the business
- What type of roles should the GP take in order to achieve operational excellence?
- Do operating partners in PE funds really create value?
Claus Kuehn
Managing DirectorHamburg Family Office
10:50 - 11:25 Morning networking and refreshment break
11:25 - 23:55 Community forum: Regulatory session - What can and cannot be done in the current regulatory climate?
-How are GPs coping with marketing post AIFMD?
- Case studies on experience of the AIFMD passporting scheme – is it working?
-What are the main regulatory challenges facing you at the moment?
-What are the latest challenges with FATCA and how can they be overcome?
- Case studies on experience of the AIFMD passporting scheme – is it working?
-What are the main regulatory challenges facing you at the moment?
-What are the latest challenges with FATCA and how can they be overcome?
23:55 - 12:10 Industry Insight: Examining what the mid-market should do in the face of ‘Mega-Firms’
- How to attract and position yourself within the market in an effective way
- Exploring which angle to take - are niche strategies and innovative deal sourcing the only answer?
- Exploring which angle to take - are niche strategies and innovative deal sourcing the only answer?
12:10 - 12:40 In-depth interview: Getting your structure and terms right – how much of a difference does that make in the competitive private equity arena?
- Do competitive terms make a difference, or is it all about performance?
- Is the location of the fund important (is there a challenge for offshore funds)?
- AIFMD – is it better to be in or out?
EQT
- Is the location of the fund important (is there a challenge for offshore funds)?
- AIFMD – is it better to be in or out?
Jussi Saarinen
Head of IR and PartnerEQT
12:40 - 13:20 Community forum: Secondaries - What are the drivers of future deal flow?
Moderator:
Kate Simpson Partner Proskauer
Speakers:
Christiaan De Lint Partner Headway Capital
Andre Aubert Partner LGT Capital Partners
Richard Nairn Director, Private Equity Funds F&C Investment
Mark J. McDonald Director Credit Suisse Alternative Investments
Matthew Hansford Fund Finance Investec Specialist Bank
Kate Simpson Partner Proskauer
Speakers:
Christiaan De Lint Partner Headway Capital
Andre Aubert Partner LGT Capital Partners
Richard Nairn Director, Private Equity Funds F&C Investment
Mark J. McDonald Director Credit Suisse Alternative Investments
Matthew Hansford Fund Finance Investec Specialist Bank
- Deal flow – is it sufficient versus the amount of money coming in?
- Focus on pricing: Are the current pricing levels sustainable?
- Is it all about fund restructuring: Which strategies are still attractive investments – and what will drive future deal flows?
- Is the market moving away from portfolio sales - what other types of sales transactions are on the horizon?
Headway Capital
Investec Specialist Bank
- Focus on pricing: Are the current pricing levels sustainable?
- Is it all about fund restructuring: Which strategies are still attractive investments – and what will drive future deal flows?
- Is the market moving away from portfolio sales - what other types of sales transactions are on the horizon?
Christiaan De Lint
PartnerHeadway Capital
Matthew Hansford
Fund FinanceInvestec Specialist Bank
13:20 - 14:20 Networking Lunch
STREAM A: What you should know about the latest private equity trends
14:20 - 15:00 Panel Discussion: Spotlight on secondaries transactions: What’s actually going on?
Speakers:
Oliver Gottschalg Associate Professor HEC Paris
Nigel Van Zyl Partner Proskauer
Nicolas Lanel Managing Director & European Head of Private Capital Advisory Evercore
Chi Cheung Director Deutsche Bank Private Equity
Gunter Waldner Portfolio Manager Private Equity Tyrus Capital
Moderator:
Jose Sosa del Valle Principal Lexington Partners
Oliver Gottschalg Associate Professor HEC Paris
Nigel Van Zyl Partner Proskauer
Nicolas Lanel Managing Director & European Head of Private Capital Advisory Evercore
Chi Cheung Director Deutsche Bank Private Equity
Gunter Waldner Portfolio Manager Private Equity Tyrus Capital
Moderator:
Jose Sosa del Valle Principal Lexington Partners
Chair: Nigel van Zyl, Partner, Proskauer
- Examining the performance drivers of the secondaries market – is it a hot market?
- At what stage of the cycle are secondaries, and what lessons have been learned?
- Are secondaries a saturated product?
- Examining the performance drivers of the secondaries market – is it a hot market?
- At what stage of the cycle are secondaries, and what lessons have been learned?
- Are secondaries a saturated product?
STREAM B: Creating value in a changing private equity market
14:20 - 15:00 Community forum: Emerging markets and frontier markets - Which regions are delivering and where to watch for future growth?
Chair: Robert Gaut, Partner, Proskauer
- Which markets are now developed, which are still emerging, and where are the frontiers?
- Defining the check-list for success when investing in emerging & frontier markets – where are pioneering investors seeing success?
- Identifying the new regions to thrive in the next five years and why (including Brazil, China, Africa, India, Turkey, CEE)
Audience to vote for the top region to thrive in the next five years before and after the panel discussion
- Which markets are now developed, which are still emerging, and where are the frontiers?
- Defining the check-list for success when investing in emerging & frontier markets – where are pioneering investors seeing success?
- Identifying the new regions to thrive in the next five years and why (including Brazil, China, Africa, India, Turkey, CEE)
Audience to vote for the top region to thrive in the next five years before and after the panel discussion
STREAM A: What you should know about the latest private equity trends
15:00 - 15:40 Community forum: Are co-investments & direct deals a game-changer for Private Equity?
Will the rise in co-investment and direct deal activity will continue and irrevocably change the GP/LP relationship?
What is the impact of co-investments and direct deal now, and what will it be in 5-10 years’ time?
This team debate will see an industry expert propose that as LPs skill up and acquire the sophistication and resources to conduct co-investments and direct deals successfully the relationship between GPs and LPs has been substantially altered. The speaker will be opposed by another industry expert, and the audience will vote for the most compelling argument at the end.
Advent International
What is the impact of co-investments and direct deal now, and what will it be in 5-10 years’ time?
This team debate will see an industry expert propose that as LPs skill up and acquire the sophistication and resources to conduct co-investments and direct deals successfully the relationship between GPs and LPs has been substantially altered. The speaker will be opposed by another industry expert, and the audience will vote for the most compelling argument at the end.
Craig Williamson
Director, Limited Partner ServicesAdvent International
STREAM B: Creating value in a changing private equity market
15:00 - 15:40 Community forum: Mid market vs. mega strategies – Examining how increased competition is affecting pricing on both ends
-Have lessons really been learned from the Global Financial Crisis?
-Is there really a benefit of having niche and mid-market strategies in a portfolio or should Limited Partners stick to large cap funds?
- Are mega-cap firms erasing the need for small to-mid cap firms?
-Is there really a benefit of having niche and mid-market strategies in a portfolio or should Limited Partners stick to large cap funds?
- Are mega-cap firms erasing the need for small to-mid cap firms?
STREAM C: Invite-Only Session
15:00 - 15:40 Invite-Only Session: Best Practices in Technology Enabled Value Creation
This session will focus on how private equity firms and their portfolio companies are leveraging technology to increase returns, expand multiples, and reduce both costs and risks. During this one hour interactive conversation we will explore the role technology is playing in M&A, best practices throughout the deal cycle, and how partnering with technology companies is changing the game.
This is an invite only session – please visit the registration desk if you have any questions.
SAP
This is an invite only session – please visit the registration desk if you have any questions.
Sean Epstein
Head of SAP Private Equity, Europe, Middle East and Africa and Vice PresideSAP
STREAM A: What you should know about the latest private equity trends
15:40 - 16:00 Community forum: Are co-investments & direct deals a game-changer for Private Equity?
- Going beyond fee-avoidance: What are the skill-sets and who’s really geared up to execute on co-investments and direct deals?
- Covering all bases – deal flow, due diligence, reporting and meeting investor demands: Is there an obvious set of ‘tick boxes’ for getting it right?
- The fine line between co-investing and direct deals: Why not go all the way?
- Covering all bases – deal flow, due diligence, reporting and meeting investor demands: Is there an obvious set of ‘tick boxes’ for getting it right?
- The fine line between co-investing and direct deals: Why not go all the way?
STREAM B: Creating value in a changing private equity market
15:40 - 16:00 Community forum: Mid market vs. mega strategies – Examining how increased competition is affecting pricing on both ends
Moderator:
Marc der Kinderen Managing Director 747 Capital
Speakers:
Alexander Frick Director, Family Office TqHolding
John Gripton Managing Director and GLobal Head of Private Equity Capital Dynamics
Francois Garcin CEO Argenthal Group
Debbie Philippides Partner Seligman Private Equity Select
Alexandre Delos Partner - Head of Buyout Investments Access Capital Partners
Marc der Kinderen Managing Director 747 Capital
Speakers:
Alexander Frick Director, Family Office TqHolding
John Gripton Managing Director and GLobal Head of Private Equity Capital Dynamics
Francois Garcin CEO Argenthal Group
Debbie Philippides Partner Seligman Private Equity Select
Alexandre Delos Partner - Head of Buyout Investments Access Capital Partners
- Recent developments and changes investing through fund of funds, separate accounts, consultants and ‘going direct’
- Examining the advantages, disadvantages and costs of the above
- Why work with fund of funds? Outlining the pros and cons
- Examining the advantages, disadvantages and costs of the above
- Why work with fund of funds? Outlining the pros and cons
STREAM C: Invite-Only Session
15:40 - 16:00 Stream C ContinuedSTREAM A: What you should know about the latest private equity trends
16:00 - 16:20 Stream A ContinuedSTREAM B: Creating value in a changing private equity market
16:00 - 16:20 Stream B Continued16:20 - 16:50 Afternoon netweorking and refreshment break
16:50 - 17:10 Industry Insight: Disruptive innovation – new approaches to operative investments
- Bundling investors and entrepreneurs – a lower risk & higher return model?
- Showcases: latest experiences from the social media and start-up sectors
17:10 - 17:30 In-depth interview: Private equity vs. PLCs: Similarities and differences
17:30 - 18:00 “Have I got private equity news for you”
Based on the TV show, ‘Have I Got News for You’, the panel will provide an entertaining and humorous overview of the latest private equity news - a light-hearted way to finish the day’s programme before moving on to the Cocktail Reception!
Headway Capital
Christiaan De Lint
PartnerHeadway Capital
18:00 - 19:30 Cocktail Reception
Based on the TV show, ‘Have I Got News for You’, the panel will provide an entertaining and humorous overview of the latest private equity news - a light-hearted way to finish the day’s programme before moving on to the Cocktail Reception!
19:30 - 23:59 Capital Creation Gala Dinner
Join the annual Capital Creation Gala Dinner to enjoy relaxed networking and excellent company on the beachfront terrace, it’s an opportunity to continue idea sharing as well as being one of the highlights of the events calendar, but hurry – tickets are extremely popular!
Please ensure you confirm your place via email to lucy.may@wbr.co.uk