Tuesday, 8 November 2011
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08:30
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Registration
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09:00
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Welcome remarks
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09:05
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Economic briefing (Joint session with the Limited Partner Summit)
Johanna Chua, Managing Director & Chief Asia Pacific Economist and Head of Asia Pacific Economic and Market Analysis, CITI
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09:30
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2011 Asian Private Equity Roundup (Joint session with the Limited Partner Summit)
An update of what's relevant to limited partners and general partner's in terms of investment trends around the region.
- Which sectors and markets in Asia present strong value propositions for PE investments?
- What impact are political, legal, currency and event risks having on the PE market?
- Have China and India lived up to their expectations and where is the next growth market?
- What opportunities does the secondary market present?
Moderated by: Thomas Kubr, Managing Director & Chief Executive, CAPITAL DYNAMICS
Steve Martinez, Head of Asia Pacific, Senior Partner, Private Equity, APOLLO MANAGEMENT ASIA PACIFIC LIMITED
Jim Hildebrandt, Managing Director, BAIN CAPITAL ASIA
Robert Petty, Managing Partner & Co-Founder, CLEARWATER CAPITAL PARTNERS
H Chin Chou, Chief Executive Officer, MORGAN STANLEY PRIVATE EQUITY ASIA
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10:15
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Networking coffee break
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10:45
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Investment discipline & value creation: Striking the right balance
- Implementing operational improvements at portfolio companies: Harnessing and honing management’s skills
- How does your firm review and monitor the valuation creation process: Evolutionary improvements that put you ahead of your peers
- Do you need to be sector specific and tailor your expertise to this industry to truly control an investment?
- Partnering with strategic investors: ready-made exit versus funding and structure constraints
- Performing due diligence as a value-adding service: De-risking investments and businesses
Moderated by: Thierry Porté, Operating Partner, J. C. FLOWERS & CO. LLC
Mark Qiu, Chief Executive Officer & Managing Director, CHINA RENAISSANCE CAPITAL INVESTMENT INC. (CRCI)
Frank Tang, CEO, FOUNTAINVEST PARTNERS
Rodney Muse, Co-Founder & Managing Partner, NAVIS CAPITAL PARTNERS
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11:30
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Fund setup, performance tracking and currency considerations
- What changing factors should fund managers weigh when considering where to domicile their latest funds?
- Is a dual structure best for tapping Asia’s growing pools of domestic liquidity—RMB & INR funds?
- Fund administration: Optimisation and coping with change
- Reporting results: Benchmarking best-practice for internal and external customers
Moderated by: Brian McDaniel, Partner, GOODWIN PROCTER LLP
Peter Keehn, Global Head of Private Equity, ALLSTATE INVESTMENTS, LLC
Javed N Rahman, Managing Director, ALTER DOMUS
Clare Chang, Head of Asia Private Equity Funds, INTERNATIONAL ADMINISTRATION GROUP
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12:15
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Networking lunch
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13:15
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Sourcing and securing deals in a competitive market
- Does a regional or global franchise give a firm competitive advantage on deal sourcing?
- How important is it to build a portfolio of companies which complement each other and can assist in collective growth?
- How best to nurture relationships with promoters and other intermediaries to ensure the most attractive deals land on your desk well before initial term sheets are drafted?
- Deal sourcing: Where are deals to be found in this increasingly competitive environment?
Moderated by: Matt Fish, Co-founder and Managing Partner, NEW PACIFIC CONSULTING
Vishakha Mulye, Managing Director & CEO, ICICI VENTURE
Gregory R. Hara, President & Representative Director, J-STAR CO., LTD
Martin Tornberg, Head of Strategic Development and Investments, PING AN OF CHINA ASSET MANAGEMENT (HONG KONG) CO. LTD
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14:00
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Investor relations and the perpetual fundraising cycle
- How do you identify, track and build relationships with key decision makers?
- What strategies can you employ to continuously and consistently communicate your strengths to the market and build trust in your team in order to secure a successful next fundraising?
- How do you establish limited partners asset allocations, previous investments made, fund investment plans and preferred strategies?
- Do investors pay special attention to the individual fund manager’s track record or are they more concerned with the overall team performance?
- How do limited partners view regional funds, versus single-country or global funds?
Moderated by: Jay Park, Managing Director, BLACKROCK PRIVATE EQUITY PARTNERS
Subbu Subramaniam N, Founder, MCAP FUND MANAGERS
Mounir Guen, CEO, MVISION
Stewart Hay, Partner, SL CAPITAL PARTNERS LLP |
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14:45
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Compliance and related Investor reporting issues
- How will the Dodd-Frank Act and, in particular, the Reporting and Examination Requirements for Investment Advisors, impact PE and how can you prepare for compliance?
- What will the Institutional Limited Partners Association (ILPA) guidelines for fund correspondence and quarterly reporting mean for PE fund operations?
- What effect will proposed regulations and new guidelines for the alternative asset class have on PE investing and general partner-portfolio company relations?
- How can you use corporate financial control techniques to improve portfolio company monitoring?
- What tools do you need to increase transparency and ensure compliance with the new regulations?
- Do new U.S. laws for investment advisers apply to you and if you must register in the US, how do you ensure compliance?
Moderated by: Ray Haarstick, CEO & Founder, RELEVANT EQUITY SYSTEMS, INC
Michael Li, Product Head, Private Equity Services (Asia Pacific), CITI
Jay Boyle, Managing Partner, ECFO
Jay G Baris, Partner, MORRISON & FOERSTER
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15:30
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Networking coffee break
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16:00
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The future of Asia's PE industry?
- What changes are limited partners likely to request to the terms and conditions of limited-partnership agreements, and what can general partners accept?
- What impact will the latest wave of break-away fund managers have on the industry?
- Where are the opportunities for private equity investors going forward?
- Will Asia continue to be the number one choice for investors or will emerging markets like Brazil and Central and Eastern Europe take center stage?
Moderated by: Tim Payne, Managing Partner, BRUNSWICK GROUP
James Ahn, Managing Director, CLAYTON, DUBILIER & RICE
James H Boettcher, General Partner, FOCUS VENTURES
Jun Tsusaka, Partner, Managing Director and Representative, TPG CAPITAL - JAPAN, LTD.
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16:45
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Domestic and overseas LPs view of the Asian PE industry (Joint session with the Limited Partner Summit)
- Where do LPs place Asia on the roadmap for investment compared with the rest of the world?
- What are the expected returns for 2010-12 Asian PE investments compared to those for the US and European market?
- How does the perspective on the Asian PE market differ between Asian based LPs and European and North American LPs?
- How can institutional investors successfully execute more direct and co-investments, without building GP-sized teams? And does this create conflict with their GPs?
- Do LPs prefer global, regional, or country-fund-managers for accessing Asian markets?
Moderated by: Monte Brem, Chief Executive Officer, STEPSTONE GROUP
Steve Byrom, Head of Private Equity, FUTURE FUND
Charles R Carpenter, Managing Director, STATE OF WISCONSIN INVESTMENT BOARD
Richard Hall, Senior Director, Investment, TEACHERS RETIREMENT SYSTEM OF TEXAS
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17:30
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Summit concludes
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18:00
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 Cocktail reception
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