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KN2153new cover 9/8/07 11:32 Page 1 attendees in 2006 Private Equity, Venture Capital & including 650+ Institutional Investment Summit 130+ Building And Maintaining Robust LPs And Loyal LP/GP Relationships The 7th Annual Join The Most Incisive & Authoritative Chairmen: Ray Maxwell Jonny Maxwell Jon Moulton Founder and CEO formerly Managing Partner PRIV-ITY STANDARD LIFE ALCHEMY PARTNERS Hear From 70 LPs Including: INVESTMENTS v • Caisse de Dépot et Placement de Québec • Nordea • Adams Street • Teachers Private Capital • New York Life Capital Partners • Alpinvest • Hear From Outstanding Performance Equity Management • 747 Capital • William & Flora Hewlett Foundation • Cambridge Associates • Capital Dynamics • Irish National Pension Guest Speakers: Reserve Fund • Scottish Widows Investment Partnership • JP Morgan Asset Management • Altius • F&C • AIG Investments • Hamilton Lane • Keyhaven Capital Partners • Bregal Investments • Portfolio Advisors • Gartmore Private Equity • Harbourvest • Caisses des Dépots et Consignations • ATP PEP • Abbott Capital Partners • PSP Investments • BA Pensions • Northwestern Mutual Life Insurance • Allianz Alternative Assets Holding • Access Capital Partners • Second Swedish National Pension Fund AP2 • Altium Capital Gestion • European Investment Fund • Adveq Capital • OMERS Capital Partners • Standard Life • MN Services • Adams Capital Partners • Unigestion • SVB Capital • GE Asset Management • Hermes Private Dan Pink Mike Harris Equity • Jade Advisors • CAM Newmarkets International Finance Corporation • Author Chair of Innovation, Partners Group • Siguler Guff • CDC • Pantheon • Rho Fund Investors A WHOLE RBS, Founder NEW MIND FIRST DIRECT & EGG Executive Chairman Join 170 Private Equity Leaders: GARLIK • Guy Hands, CEO, TERRA FIRMA • Chris Masterson, CEO, MONTAGU PRIVATE EQUITY • Charles Sherwood, Partner, PERMIRA PLUS • Johannes Huth, Managing Director, KKR • Julian Knott, Partner, COGNETAS • Javier Loizaga, CEO & Managing Partner, MERCAPITAL • Jim Orlando, Vice President, OMERS • R Michael Barth, Senior Managing Director, Global Investment, CAPITAL PARTNERS DARBY OVERSEAS INVESTMENTS • Marc St John, Senior Managing Director, CVC • Ronan Cunningham, Head of Private Equity • Nikos Stathopoulos, Partner, BC PARTNERS IRISH NATIONAL PENSION RESERVE FUND Doug Richard • Bruce Barclay, Director, ADVENT • John Hourican, Head of Leveraged Finance Chairman INTERNATIONAL ROYAL BANK OF SCOTLAND • Peter McKellar, CEO Private Equity, LIBRARY HOUSE • Andrew Joy, Partner, CINVEN Josh Lerner STANDARD LIFE • Michael Russell, Partner & Head of Europe, ALTIUS Jacob H Schiff • Rolf Dienst, Founder, WELLINGTON PARTNERS, • Anders Strömblad, Head of Alternatives, Professor of Chairman, BVK SECOND SWEDISH NATIONAL PENSION FUND AP2 Investment Banking • Jan Faber, Managing Director, BREGAL INVESTMENTS • Pierre Fortier, Vicev President Funds, Private Equity, HARVARD • Christoph Rubeli, Head of Asia, PARTNERS GROUP CAISSE DE DÉPOT ET PLACEMENT DE QUÉBEC BUSINESS • Ion Bogdaneris, Managing Director, Alternative • William Gilmore, Investment Director, Private Equity, SCHOOL Investments Europe, AIG INVESTMENTS • Duke DeGrassi, Managing Director Europe, HAMILTON LANE SCOTTISH WIDOWS INVESTMENT PARTNERSHIP • Sasha van de Water, Managing Director, KEYHAVEN • Christopher Hunter, Managing Director, CAMBRIDGE ASSOCIATES CAPITAL PARTNERS • Andrew Claerhout, Managing Director • Alan MacKay, Managing Director, 3I QUOTED PRIVATE EQUITY TEACHERS PRIVATE CAPITAL Edward I Altman • Kathleen Bacon, Managing Director, HARBOURVEST • John Clark, Managing Director Max L. Heine • Susanne Forsingdal, Partner, ATP PEP PERFORMANCE EQUITY MANAGEMENT Professor • Anne Glover, Chief Executive, AMADEUS CAPITAL PARTNERS • Hans Albrecht, Managing Director, NORWIND CAPITAL of Finance • Maarten Vervoort, Partner Fund Investments Europe, ALPINVEST • John Schumacher, CEO, NYL CAPITAL PARTNERS STERN SCHOOL • Vicky Wilson, Head of Private Equity, BA PENSIONS • Ernest Lambers, Head of Emerging Markets, ALPINVEST OF BUSINESS, • Thomas Pütter, Chief Executive, ALLIANZ CAPITAL PARTNERS, • Dominique Peninon, Managing Partner & Co-Founder NEW YORK Managing Director, ALLIANZ ALTERNATIVE ASSETS HOLDING ACCESS CAPITAL PARTNERS UNIVERSITY • Arthur Rakowski, CEO, MACQUARIE EUROPEAN INFRASTRUCTURE FUND • Carol Kennedy, Senior Partner, PANTHEON Workshop Don’t miss the new PRIVATE EQUITY AS EMERGING MARKETS PLUS AN ASSET CLASS PLUS SAVE UP TO Understanding The Complexities Of SUMMIT £600 Investor Decision-Making One entire day covering the key global emerging markets BOOK BY 3 August 07 led by Guy Fraser-Sampson 13th November 2007 13th November 2007 Emerging Markets Summit -13th November 2007 Principal Sponsors: Principal European Principal US Law Co-Sponsors: Investor Workshop - 13th November 2007 Main Conference 14th -16th November 2007 Law Firm Sponsor: Firm Sponsor: Westin Hotel, Paris Tel: +44 207 017 7200 Fax: +44 207 017 7807 [email protected] www.icbi-superinvestor.com In Association Website: www.icbi-superinvestor.com email:[email protected] With tel: +44 (0) 20 7017 7200 fax: +44 (0)20 7017 7807 KN2153 SUPINV07 IN 9/8/07 13:44 Page 2 EMERGING MARKETS SUMMIT MAIN CONFERENCE DAY 1 14TH NOVEMBER 2007 13th November See page 4-5 for details 08.00 Registration and Coffee Welcome Address 08.20 Chris Ward, Partner, Global Head of Corporate Finance Advisory, DELOITTE p5 Morning Chairman: Plus 08.25 WORKSHOP - Jon Moulton, Managing Partner, ALCHEMY PARTNERS p5 Where Are Buy-Outs Headed? 08.30 Private Equity As An Asset Class Alan MacKay, Managing Director, 3I QUOTED PRIVATE EQUITY p5 13th November The Risk And Challenge Of Mega-Funds And Mega-Deals: How Large Can Funds Get And How Will Big Groups Generate The Necessary Returns? Guy Fraser-Sampson v Moderator: Maarten Vervoort, Partner Fund Investments Europe, ALPINVEST Author, Multi-Asset Class Investment Strategy Marc St John, Senior Managing Director, CVC 09.00 All attendees will receive free a copy of Guy Fraser-Sampson’s new book. Emilio Voli, Head European Investor Relations, APAX MEGA FUNDS Andrew Joy, Partner, CINVEN 09.00 – 17.30 PANEL Nikos Stathopoulos, Partner, BC PARTNERS Guy Fraser-Sampson Johannes Huth, Managing Director, KKR p5 Author, Multi-Asset Class Investment Strategy A Market Perspective: Reviewing Key Challenges And Significant Developments Private Equity as an Asset Class – 09.50 In The European Fund Market Place Understanding the Complexities of Investor Decision-Making Jonathan Blake, Senior Partner & George Pinkham, Partner, SJ BERWIN LLP p5 For many investors, Private Equity represents a strange and daunting landscape fraught with unknown perils and traps for the unwary. Guy is one of the 10.15 Morning Coffee world’s acknowledged experts on the subject and will explain its intricacies to you in a refreshingly entertaining and easily understandable manner. Measuring The Risk Faced By Private Equity Investors And Players Stemming LEVERAGE From The High Degree Of Leverage On Deals Moderator: Bruce Barclay, Director, ADVENT INTERNATIONAL 09.30 - 10.15 AND RISK Peter McKellar, CEO Private Equity, STANDARD LIFE Analysing Private Equity and its different forms 11.00 Tim Flynn, Co-Head European Leveraged Finance, GOLDMAN SACHS What is private equity? Christine Vanden Beukel, Senior Managing Director, GSC PARTNERS Buyout and Venture distinguished John Hourican, Head of Leveraged Finance Industry size ROYAL BANK OF SCOTLAND Other forms of private equity James Douglas, Partner & Debt Advisory Leader, DELOITTE p5/6 10.15 - 11.45 What Will Be The Drivers Of Value When Excess Liquidity Has Dried Up? Understanding how private equity returns work Moderator: Carol Kennedy, Senior Partner, PANTHEON Allocated, Committed, Drawndown and invested capital Dominique Peninon, Chairman and Managing Partner The J-curve ACCESS CAPITAL PARTNERS VALUE DRIVERS IRRs 11.40 Andrea Bonomi, Chairman, INVESTINDUSTRIAL PANEL Multiples Bjørn Høi Jensen, Senior Partner, EQT PARTNERS Comparing PE against other asset classes Billy Gilmore, Investment Director, Private Equity Quoted PE SCOTTISH WIDOWS INVESTMENT PARTNERSHIP Derek Murphy, Head of Private Equity, PSP INVESTMENTS p5/6 12.00 - 13.00 Buyout, Buyout returns and fund sizes GUEST SPEAKER Drivers of buyout returns 12.20 How to Give your Organisation a New Brain How to analyse buyout Dan Pink, Author, A WHOLE NEW MIND p6 Historic buyout returns Fund sizes 13.15 Lunch plus Q&A with Dan Pink - Sponsored By The future? CO-INVESTMENT AND MID MARKET AND CREDIT MARKETS, INVESTOR ISSUES SECONDARIES NEW EUROPE & EMERGING MARKETS 13.00 - 14.00 Lunch Chaired by TRIAGO Chaired by PALAMON Chaired by STRATCOM MID-MARKET PANEL CO-INVESTMENT 14.00 - 15.00 What Are The Challenges And Future Successful Co-Investment For LPs And CREDIT MARKET For The Mid Market In An Era Of GURU Venture, Returns and Funds The Current Market Dynamic – How To Mega Buy-Outs And Funds? Establish Yourself As The First Port Of Drivers of venture returns Moderator: 15.00 - 16.00 Call For Co-Investment Opportunities The US venture model LYCEUM CAPITAL Debt Markets And Buy-Outs – Moderator: How to analyse venture 15.00 Understanding The Potential For And CAPITAL DYNAMICS AIG INVESTMENTS Fund sizes Extent Of A Credit Market Downturn MERCAPITAL The future? O'MELVENY & MYERS LLP PERFORMANCE EQUITY LOMBARD ODIER Edward I Altman MANAGEMENT WELLINGTON PARTNERS Max L Heine Professor of Finance 15.15 - 16.15 LEXINGTON PARTNERS BVK STERN SCHOOL OF BUSINESS INNOVA CAPITAL NEW YORK UNIVERSITY Fund Evaluation Processes