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! SYMPOSIUM BOOKLET BOCCONI STUDENTS ALTERNATIVE INVESTMENTS SYMPOSIUM 18 - 19 November 2013 OUR MISSION The Bocconi Students’ Alternative Investments Symposium (BSAIS) is a two-day, student organised Symposium with the aim to bridge the world of Private Equity & Hedge Funds with Academia. BSAIS will be held on November 18th and 19th, 2013 in Milan, Italy for the first time, on the Bocconi University Campus. Bocconi University is the leading institution located in the heart of southern-Europe’s economic and financial capital – Milan. BSAIS is organised by the Bocconi Students’ Alternative Investments Society and aims to foster the dialogue between international leaders in the alternative investment industry and the brightest students interested in it. The aim of BSAIS is educational – cutting edge speakers will present and debate their view in panel discussions and keynotes – in such students have the opportunity to learn about the alternative asset management industry. Students can enroll in real-industry workshops, form valuable relationships with other students and network with professionals to enhance their career prospects in the Private Equity & Hedge Fund industry. BSAIS serves as a platform for internationalism – we encourage dedicated undergraduate, master, MBA and PhD students from all over the world to register for a place at BSAIS. The Bocconi Students’ Alternative Investment Society is committed to attract students who are passionate about the management of alternative investments and are keen on developing a deep understanding of these fast-paced industries. Our main focus is to educate our members and create a platform that enables our members to network with like-minded students and leading-edge industry professionals so that they can realise their career ambitions. Organising the Bocconi Students’Alternative Investment Symposium (BSAIS) is the necessary outcome of our mission and the principles we believe in. !2 CONTENT ! • BRIEFING • AGENDA • SPEAKERS - Private Equity Day - Hedge Fund Day • PATRONAGE ! • ADDITIONAL INFORMATION - Travel to Bocconi University (SYMPOSIUM) - from Malpensa Airport - from Linate Airport - from Serio Airport (Bergamo) - Travel to Borsa Italiana / Palazzo Mezzanotte (DINNER / COCKTAIL PROLONGÉ) - Important Phone Numbers • TEAM !3 BRIEFING !4 BRIEFING • LOCATION • The Symposium will be held at Bocconi University in Aula Magna (Via Ulisse Gobbi 5, 20136 Milan). • The dinner will be held on 18 November 2013 at Borsa Italiana / Palazzo Mezzanotte (Piazza degli Affari 6, 20123 Milan) and starts at 08:00 pm. BADGE • Please register in the foyer of Aula Manga where the sing indicating “Speaker” can be seen. Upon registration you will receive your badge. WIFI-ACCESS • Network: wifi-guest / User: sais / Password: bocconi876 LUNCH & COFFEE • We will provide buffet lunch, coffee and beverages at the venue on both days. !5 AGENDA !6 AGENDA Symposium Location: Bocconi University / Aula Magna (Via Ulisse Gobbi 5, 20136 Milan) Dinner Location: Palazzo Mezzanotte / Borsa Italiana (Piazza degli Affari 6, 20123 Milan) Private Equity Day - 18 November 2013 Hedge Fund Day - 19 November 2013 Time Topic Time Topic 08:40 - 09:00 Registration 09:00 - 10:00 Next Generation Dialogue 100WHF / Networking Session CAIA & Kea Consultans 09:00 - 09:10 Introduction 10:00 - 10:20 Hedge Fund Investing in Italy and new trends Stefano Gaspari The Impact of Private Equity on the Wider Economy and its Growing Role for the Future 09:15 - 10:00 10:20 - 11:05 The increasing relevance of portfolio diversification Vincenzo Morelli Fabio Bariletti 10:00 - 11:00 Private Equity Investing in Italy 11:05 - 11:30 Break Fabio Sattin, Carlo Mammola, Stefano Caselli, Giovanni Tinuper, Enrico Ricotta Comparing Financial Intermediaries: Hedge Funds, Banks and the Importance 11:00 - 11:15 Break 11:30 - 12:20 of Failure / Antonio Foglia 11:15 - 11:55 Regulatory Challenges for Private Equity investing in Europe 12:20 - 13:05 Fixed-Income Panel Dörte Höppner Paola Bissoli, Andrea Pescatori, Fabrizio Biondo 12:00 - 12:40 Private Equity: An attractive and evolving industry 13:05 - 14:00 Lunch Francesco Loredan 14:00 - 14:50 Global Macro Strategies 12:40 - 13:35 Financial assistance and leveraged buy-out techniques: a European outlook Stefano Ruggerio, Keith Black, Patrick Ranzijn G. Fantacchiotti, J.Twentyman, O. Assant, S. Oppenländer 14:50 - 15:40 Long/Short Equity Strategies 13:35 - 14:30 Lunch Gianmarco Mondani, Massimo Figna, Massimo Morchio, Elena Simonova 14:35 - 15:20 Distressed Private Equity / Special Situations Investing Panel 15:40 - 16:00 Break Enrico Ceccato, Raffaele Legnani, Renzo Cenciarini 16:00 - 16:45 Hedge Fund Investing in uncertain times - an outlook 15:20 - 16:00 Ducati Case Study Max von Bismarck Andrea Bonomi 16:45 - 17:15 Harvard, Yale, and Alternative Investments: A Post-Crisis View 16:00 - 16:20 Break Keith Black 16:20 - 17:10 Realizing value creation in Portfolio Companies Giampiero Mazza, Roberto Italia, Giancarlo Aliberti, Stefania Peveraro 17:10 - 18:00 Private Equity Exit Strategies Paolo Colonna, Claudio Sposito, Eugenio Morpurgo, Jim Coulter, Pamela Barbaglia 18:00 - 18:45 Private Equity: The leading Edge Jim Coulter 20:00 - 23:00 Cocktail Prolongé / Dinner at Palazzo Mezzanotte !7 SPEAKERS !8 SPEAKERS - PRIVATE EQUITY DAY • VINCENZO MORELLI - TPG CAPITAL / EVCA Vincenzo Morelli is Partner Emeritus and Senior Advisor at TPG Capital, having served as Operating Partner in the Firm’s London office from 2005 until 2012. During this period, he has served as Chairman of Mey Içki and of Bally International SA, as well as a Director of TIM Hellas SARL and is currently Vice Chairman of Télédiffusion de France SA (TDF) and Chairman of Republic Retail Limited. Prior to joining TPG, Mr. Morelli was a Partner at Alvarez and Marsal, a Senior Advisor with Clayton, Dubilier and Rice, CEO of Kontron Instruments NV (a company owned by BC Partners) Executive Vice President of FIAT Group – in charge of New Holland, and President of GE Medical Systems-Europe and of Compagnie Générale de Radiologie (CGR). He started his career at the Boston Consulting Group. Mr. Morelli has also been active in co-ordinating the industry’s public affairs and is presently Chairman of the European Private Equity and Venture Capital Association (EVCA) having previously chaired the European Private Equity Roundtable (EPER) for three years, since its formation in 2009. Mr. Morelli holds an MBA from Stanford University, where he was a Miller Scholar, and an MA with Honours in Philosophy, Politics and Economics from Corpus Christi College, University of Oxford, of which he is a Foundation Fellow. Mr. Morelli is also a Founder Board Member of Oxfam’s Enterprise Development Programme. • FABIO L. SATTIN - PRIVATE EQUITY PARTNERS Fabio L. Sattin is Executive Chairman and Founding Partner of Private Equity Partners SGR S.p.A., previously Vice President and Managing Director at Chase Investment Bank (now JP Morgan) operating in London, New York and Milan and before at Olivetti in the corporate strategic planning. Together with the professional activity he has always covered a role as University Professor. Graduated with honours in Business Economy at the University Cà Foscari in Venice (winner of the “Cafoscarino of the year 2008” award by the Association of Venice University Cà’ Foscari Graduates) where he has been professor of “Business Strategy and Policy”. He is Senior Contract Professor of “Private Equity and Venture Capital” at Bocconi University in Milan. He is currently vice-chairman of APE (Association for the Economic Development), member of the Innovation Board of the Cà Foscari University Foundation and member of the Foreign Investors Committee of the Italian Industrial Association (Confindustria). He has been Chairman of the EVCA (European Private Equity and Venture Capital Association) and is currently member of the Past Chairman Group. Having served as expert and advisor for the EBRD, World Bank and various European Commissions, has written a considerable number of publications regarding Private Equity, Finance and Business Economy. !9 SPEAKERS - PRIVATE EQUITY DAY • CARLO MAMMOLA - ARGAN CAPITAL As a Managing Partner, Carlo Mammola is co-responsible for driving the strategic and operational direction of Argan and is a member of Argan’s Investment Committee. Carlo Mammola leads Argan’s investment activity in the Italian market and heads Argan’s Milan office. Mr. Mammola has over 20 years of private equity experience and joined the Argan team in 2000. Since then he has, inter alia successfully led and realised the investments in Alfatherm and N&W Global Vending and led the investment in Faster. He serves on the boards of Faster and GCE. He is also a member of the European Mid-Market Buy-out Platform Council and a member of the Board of Directors of the European Private Equity and Venture Capital Association (EVCA). Before joining the Argan team, Mr. Mammola worked at Paribas Affaires Industrielles (PAI) where he was the Managing Director responsible for Italy, prior to which he worked with Sopaf, the Italian merchant bank, and the Olivetti Group. Since 1987, Mr. Mammola has been a Professor of Management at the Bocconi University in Milan and, since 1999, a member of its Advisory Committee. Mr. Mammola holds an MBA from the Bocconi University in Milan and graduated in engineering at the Polytechnic of Turin. Mr. Mammola speaks fluent Italian, English and French. • STEFANO CASELLI - BOCCONI UNIVERSITY Stefano Caselli is Vice Rector for International Affiars and Full Professor of Banking and Finance at Department of Finance of Bocconi University in Milan, whereas is the Academic Director of MSc in Finance and the Academic Director for Bocconi University of CEMS-MIM. He is the Head of the start-up project of MISB Bocconi Mumbai International School of Business, the Indian branch of Bocconi University whereas is the Director of the PGPB, Post Graduate Program in Business. He’s member of the board of Directors of SDA Bocconi School of Management, whereas he has been the Director of Executive Education Custom Program for Banks and Financial Institutions from 2006 to 2012.