Alternatives Summit Korea 2016 THE PLACE TO SHARE IDEAS AND STORIES About ASK Office ASK Office is a department of The Korea Economic Daily (KED). ASK Summit series have been hosted by ASK Office which specializes in hosting premier events for private equity, private debt, hedge fund, real estate, and infrastructure industries. ASK Summit will accommodate a meeting and communicating place both for global fund managers and Korean institutional investors who are looking for overseas investment opportunities.
Previous Events ASK Summit DATE Asset Class
October 2015 Real Estate October 2015 Infrastructure May 2015 Private Debt & Private Equity May 2015 Hedge Fund November 2014 Real Estate May 2014 Private Debt & Private Equity November 2013 Real Estate May 2013 Private Equity
KED Investor Forum DATE TOPIC
April 2016 Unlisted Infrastructure February 2016 Private Debt & Equity (Secondary, Fund of Funds, Asia Credit) December 2015 Private Equity and Venture Capital November 2015 Eastern European Equity October 2015 Insurance-Linked-Securities September 2015 Fund of Hedge Funds
Future Events ASK Summit DATE Asset Class
October 2016 Real Estate/Infrastructure
KED Investor Forum DATE Asset Class
June 2016 Real Estate ASASK 20162201 Global Private Debtb & EEquity Summit ASK 2016: Generating Alpha in a Low Growth World Overview – Program Highlights
Point 1: Keynote Speech from the biggest investor CEOs National Pension Service (NPS) and Korea Investment Corporation (KIC), the largest Korean institutional investors, have recently named new CEOs at their organizations. They will note the importance and the need to invest in alternative investments and will briefly speak about their future investment plans. Point 2: Market Overview led by world’s leading GPs EQT Partners, as the first GP speaker, will outline the Private Equity market, with an industrial approach. Followed by Swiss Capital Alternative Investments AG (StepStone Group), Private Debt market will be introduced with strategic asset allocation strategies. Golub Capital will present their views on the U.S. middle market lending market, focusing on the role of the private capital within the market. In order to meet investors’ rising interests in infrastructure, Guggenheim Partners Investment Management will explore in depth about Global Infrastructure Investments and opportunities hidden in the market.
Point 3: Performing its strongest strategies in U.S. Various respected GPs will present markets in United States. Focusing on its strong side, Comvest Partners will illustrate how to capitalize on opportunities in direct lending market. Lexington Partners will combine two most popular aspects of investment – U.S. and secondary. Drawing participants’ attentions, Hamilton Lane will explain the reason for popularity of U.S. middle market credit, in details. Capturing alpha and controlling risk – Abbott Capital Management will share their knowledge and experience, in U.S. buyout market. Point 4: Capturing opportunities on risk Turning potential risk into market opportunities will allow for an alpha generation. Cross Ocean Partners will give insights regarding European corporate credit and related secondary market opportunities, in the situations of regulatory reform. In a current state of low interest rate environment, Cerberus Capital Management L.P. will discover attractive opportunities. Focus of Adveq Management is at smaller buyouts which could generate strong and stable deal flow. Coping with volatility, Partners Group will introduce their previous experiences of generating steady returns. Point 5: Private Debt & Equity in Asian perspectives IDG Capital Partners will begin the Asian strategies by introducing technology investments in China. Followed by Morgan Stanley Private Equity Asia, the focus will be on outlining the challenges and opportunities in Chinese Private Equity market. Ending the China section, Clearwater Capital Partners will explore credit opportunities in China. Samena Capital will speak about unique opportunities in Indian credit market.
Point 6: Consultant’s & Legal Advice Preqin will give an insight regarding the private equity market in Europe and will explain in depth of dry powder, investor sentiment and deal flow. One of the leading Korean law firms, Kim & Chang will guide pathways to access Korean capital and speak about fund registration requirements and process in Korea.
Point 7: GP Panel GP Panel will be led by Terra Firma Capital Partners and be discussed with Guggenheim Partners Investment Management, EQT Partners, Cross Ocean Partners and Adveq Management. The topic of the panel discussion is ‘Generating Alpha in a Low Growth World’. Listening to different GP managers’ views on the low growth environment will illustrate the current situation of the global market.
Point 8: LP Panel There will be three LP Panel Sessions organized, where the panelists will discuss their future asset allocation plans and their views on these asset classes. The contents of the Panel will also include previous experience, preference and manager selection criteria. Panel participants are pension funds, government funds, mutual aids and insurers. 프로그램 요약
시 간 주 제 발 표 회 사
09:00 ~ 09:10 환 영 사
09:10 ~ 09:20 축 사
09:20 ~ 09:30 축 사
09:30 ~ 09:40 축 사
09:40 ~ 09:50 ASK 2016 사모부채 사모주식 행사소개
09:50 ~ 10:05 산업 접근법을 통한 사모주식 투자
10:05 ~ 10:20 전략적인 자산배분과 그에 따른 사모부채의 역할
CROSS OCEAN 10:20 ~ 10:35 유럽 크레딧 - 재인수(세컨더리) 시장 내의 기회 P A R T N E R S
10:35 ~ 10:50 미국 중견기업 대출: 매력적인 대체투자에 대한 이해
10:50 ~ 11:10 휴 식
11:10 ~ 11:25 저금리 환경 속, 매력적인 투자처를 찾아내는 방법
11:25 ~ 11:40 미국 직접 대출: 소형 중견기업(미들마켓) 자본확충 기회
11:40 ~ 12:05 글로벌 인프라스트럭처 투자 - 혁신적인 접근을 통한 새로운 기회 포착
투자자 패널 (공제회) | 군인공제회, 공무원 연금, 교직원공제회 12:05 ~ 12:35 과거 투자경험, 선호 자산, 매니저 선정 기준 | 사회 : 윌리스 타워스왓슨
12:35 ~ 13:35 점 심
13:35 ~ 13:50 펀드등록 안내
13:50 ~ 14:05 미국 중견기업(미들마켓) 포커스를 맞춘 사모주식 재인수 전략
14:05 ~ 14:20 유니콘을 찾아서
14:20 ~ 14:35 중국 사모주식 가치에 대한 제안: 도전과제와 기회
14:35 ~ 14:50 아시아 크레딧: 저성장 기조 속에서 주목해야 할 자산
14:50 ~ 15:05 인도시장 내의 사모부채 및 직접 대출 기회
투자자 패널 (보험사) | 한화생명, 미래에셋생명, KB보험, 메리츠화재보험 15:05 ~ 15:35 과거 투자경험, 선호 자산, 매니저 선정 기준 | 사회 : 스텝스톤그룹
15:35 ~ 15:55 휴 식
15:55 ~ 16:10 미국 중견기업 회사채 시장 (미들마켓 크레딧)
16:10 ~ 16:25 소형 바이아웃: 위험도에 따라 매력적인 수익을 창출하는 법
16:25 ~ 16:35 미국 바이아웃: 알파를 창출하는 법과 위험을 관리하는 법
16:35 ~ 16:50 변동성이 큰 환경 속에서 지속적인 수익을 창출하는 법
GP 매니저 패널 | 구겐하임 파트너스, EQT 파트너스, 크로스 오션 파트너스, 애드벡 매니지먼트 16:50 ~ 17:20 사회 : 테라퍼마 캐피탈 파트너스
17:20 ~ 17:30 유럽 사모주식시장 내 직접대출의 규모가 지속적으로 증가할 것인가? alternative assets. intelligent data.
투자자 패널 | 국민연금공단, 한국투자공사, 우정사업본부 17:30 ~ 18:00 과거 투자경험, 선호 자산군, 매니저 선정 기준 | 사회 : 머서
18:00 ~ 네트워킹 디너 / VIP 디너 ASASK 20162201 Global Private Debtb & EEquity Summit Program Simultaneous translation will be provided in English and Korean during the main program. Program Time Topic
09:00~09:10 Opening Keynote Speech
Kim, Ki Woong CEO The Korea Economic Daily
09:10~09:20 Welcoming Keynote Speech
Yim, Jong Yong Chairman Financial Services Commission
09:20~09:30 Welcoming Keynote Speech Moon, Hyung Pyo Chairman & CEO National Pension Service
09:30~09:40 Welcoming Keynote Speech Eun, Sung Soo CEO & President Korea Investment Corporation
09:40~09:50 Organizer’s Introduction Lee, Kwang Chief Representative of ASK Office The Korea Economic Daily
An Industrial Approach to Private Equity - Making investments in businesses with significant value-creation 09:50~10:05 opportunities - The strengths of an integrated alternative investment offering Wallinder, Marcus Managing Director, Deputy Head of Investor Relations EQT Partners
Private Debt in the Strategic Asset Allocation: - Offers attractive returns on an absolute, relative and risk-adjusted basis 10:05~10:20 - Provides positive portfolio impact and diversification benefits - Role of Private Debt within strategic asset allocation of institutional Baumann, Hans-Jörg investors will likely increase Chairman, Senior Partner Swiss Capital Alternative Investments AG
European Corporate Credit – Secondary market opportunity 10:20~10:35 - Regulatory Reform and implications for banks - Resulting Market Opportunity Zander, Steve Head of European Special Situations, Co-Chief Investment Officer Cross Ocean Partners
Introduction to U.S. Middle Market Lending: Understanding an 10:35~10:50 attractive alternative to traditional fixed income - An overview of the U.S. middle market and related investment opportunity - The role of private capital in middle market finance Van der Linden, Ross Managing Director Golub Capital Program Time Topic 10:50~11:10 Networking Coffee Break
Finding attractive investments in a low interest rate environment -Corporate middle market lending 11:10~11:25 -Non-Performing Loans (privately traded portfolios of distressed loans) -Corporate Credit/Distressed Debt (high-yield bonds, leveraged loans) Abrams, David Senior Managing Director Cerberus Capital Management, L.P.
US Direct Lending: Capitalizing on Opportunities in the Lower Middle Market 11:25~11:40 - Why does the Lower Middle Market offer a better risk/reward? - Differentiated resources critical to consistent returns - Competitive landscape improving - declining presence of banks, Lee, Dan CLO's and BDCs Senior Partner Comvest Partners
Global infrastructure investment – New opportunities using innovative approaches to find the right fit for investors - Aggregating diverse capital sources to fund global opportunities 11:40~12:05 (in aviation and other areas) - Flexible options for changing environments; structuring for liquidity Mathias, Anne (CLOs, others) Senior Managing Director, - Creating familiar formats from complex risks: ratings; coupons; Macro Strategist Guggenheim Partners electronic settlement; quoted markets Investment Management
Investors Panel: MMAA, GEPS, KTCU
12:05~12:35 Moderator Shin, Andrew Kim, Jin Woo Suh, Won Cheol Yoon, Philip Head of Investment Services, Managing Director General Manager & Head Head of Global Alternative Korea The Military Mutual Aid of Alternative Investment Investment Team Willis Towers Watson Association Government Employees Korean Teachers' Pension Service Credit Union 12:35~13:35 Networking Lunch
Cross-Border Investment Management and Fund Registration 13:35~13:50 - Exploring alternative ways to access Korean capital - Fund registration requirements and process Lee, Pil Kook Attorney Kim & Chang
Secondary Private Equity: Focus on U.S. Mid-Markets 13:50~14:05 - Market Update - Near-term and Future Opportunities Lee, John Yong Suk Vice President Lexington Partners
14:05~14:20 Finding Unicorns - Tech Investment in China Guo, Young Senior Partner IDG Capital Partners
China PE Value Proposition: Challenges and Opportunities - The characteristics of the China PE market, and how China differs from 14:20~14:35 more developed PE markets, such as the US and Europe - Additional commentary on sector concentration, minority investments, and deal sourcing Chou, Chin Managing Director Morgan Stanley Private Equity Asia ASASK 20162201 Global Private Debtb & EEquity Summit
Program Time Topic
Asian Credit – a compelling asset class in a low growth world 14:35~14:50 - China Credit – Looking beyond the headlines - Seeking superior risk adjusted returns – China onshore bond market and non-bank lending Shim, Jaewoo Managing Director Clearwater Capital Partners
Indian Private Debt / Direct Lending Opportunities - Large & growing Indian Credit market 14:50~15:05 - Under-penetration by banks creating room for new players - Delivering equity-like returns on a fully-secured basis Gupte, Pavan A. - Meaningfully open to foreign investors only recently Managing Director– India Credit Samena Capital Investors Panel: Kyobo, Mirae, KB, MERITZ
15:05~15:35
Moderator Kim, Mu-Shin Hur, Kyoung Il (Kevin) Choi, Seon Kyong Kim, Nam Su Yang, Jung Yong Partner Head of Overseas General Manager Head of Investment General Manager StepStone Group Alternative Investment Mirae Asset Life Department MERITZ Fire & Kyobo Life Insurance Insurance KB Insurance Marine Insurance
15:35~15:55 Networking Coffee Break
US middle market credit - Why is everyone in love with credit? 15:55~16:10 - Better risk adjusted credit returns in US SMID - Junior credit for small companies is in short supply Delgado-Moreira, Juan Managing Director, Head of International Hamilton Lane
Smaller buyouts – capturing attractive returns on risk - Favorable capital supply/demand balance 16:10~16:25 - Strong, stable deal flow - Manager selection critical Seex, David Managing Director, Head of Asia Pacific Adveq Management
US Buyouts: Capturing Alpha and Controlling Risk 16:25~16:35 - Attributes and Targets - Selection and Portfolio Construction van Horne, Charles Managing Director Abbott Capital Management
Generating steady returns in a volatile world 16:35~16:50 - Correlation of historical PE returns to key macro-economic drivers - Strategy to cope with volatility - Case Studies Driver, Cyrus Managing Director, Head of Private Equity, Asia Partners Group GP Panel: Guggenheim Partners Investment Management, EQT Partners, Cross Ocean Partners, Adveq Management
16:50~17:20 Moderator Lindland, Matthew Wallinder, Marcus Zander, Steve Seex, David Lee, Eunho Senior Managing Director, Managing Director, Head of European Managing Director, Investor Relations Director Structured Transactions Deputy Head of Investor Special Situations, Head of Asia Pacific Terra Firma Capital Guggenheim Partners Relations Co-Chief Investment Officer Adveq Management Partners Investment Management EQT Partners Cross Ocean Partners Program Time Topic
Can the Private Equity Market in Europe Sustain the Growth in Direct Lending? 17:20~17:30 - Private Debt Dry Powder - Investor Sentiment Flanders, Ryan - Deal Flow Head of Private Debt Products Preqin
Investors Panel: NPS, KIC, Korea Post Savings
17:30~18:00
Moderator Choe, Hyung Don Oh, Hyunsu Lee, Jeong Hee Head of Global Private Director Senior Manager Oh, Elizabeth Equity Korea Investment Korea Post Savings Head of Investments Advisory, National Pension Corporation Korea Service Mercer
* Please note that the program is subject to change without prior notice. ASASK 20162201 Global Private Debtb & EEquity Summit VIP Dinner For CIOs and Sponsor representatives Institutional Investors and advisors
Kang, Myoun Wook Yang, Young Sig Shin, Sang Yeol Lee, Dong Min Yang, Tae Won CIO Division Head Director Director/CIO Managing Director National Pension National Pension Korea Investment Korea Post Bank of Korea Samsung Life Service Service Corporation Insurance
Kwon, Hee Baek Ahn, Jo Young Bae, Ki Beum Huh, Jang Kim, Seung Ho Jeung, Jae Ho CIO Managing Director Deputy President Managing Director Senior Vice President CIO Hanwha Life Kyobo Life Shinhan Life Dongbu Insurance Hyundai Marine & Fire MG Community Credit Insurance Insurance Insurance Insurance Cooperatives
Kang, Sung Seok Park, Min Ho Lee, Sang Ho Choi, Young Gwon Jang, Dong-Hun Kang, Chang Hoon CIO CIO CIO CIO CIO Senior Managing Korean Teachers' Credit Teachers' Pension The Military Mutual Aid Government Employees Public Officials Benefit Director Union Association Pension Service Association KEB Hana Bank
Kim, Hee Seok Cho, Chang Sik Oh, Elizabeth Shin, Andrew CIO Executive Vice President Head of Investments Head of Investment Nonghyup Life Korea Workers’ Advisory, Korea Services, Korea Insurance Compensation & Welfare Mercer Willis Towers Watson Service VIP Dinner For CIOs and Sponsor representatives Sponsor Representatives who are committed to attend VIP Dinner
Mathias, Anne Hubbell, Gina Lindland, Matthew Abrams, David Kravit, Ronald Song, Hazel Senior Managing Senior Managing Senior Managing Senior Managing Co-Head of U.S. Real Estate Vice President Director, Director, Director, Director Investing and Senior Cerberus Capital Macro Strategist Structured Transactions Structured Finance Cerberus Capital Managing Director Management, L.P. Guggenheim Partners Guggenheim Partners Guggenheim Partners Management, L.P. Cerberus Capital Investment Management Investment Management Investment Management Management, L.P.
Wallinder, Marcus Ham, Sehoon Zander, Steve Berry, Mark Van der Linden, Ross Chu, BoMee Managing Director, Director Head of European Special Head of Marketing & Managing Director Vice President Deputy Head of Investor EQT Partners Situations, Co-Chief Investor Relations Golub Capital Golub Capital Relations Investment Officer Cross Ocean Partners EQT Partners Cross Ocean Partners
Biner, Henry Lua, Jene Jeon, Hong Yul Seex, David Delgado-Moreira, Juan An, Sungji Steve Director, Global Head of Director, Asia Pacific Senior Advisor Managing Director, Managing Director, Head of Vice President Marketing P/E Investments Kim & Chang Head of Asia Pacific International Hamilton Lane P/E Investments Adveq Management Hamilton Lane
Mehta, Akash Lee, Dan Kim, Mu-Shin Baumann, Hans-Jörg Guo, Young Lee, John Yong Suk Managing Director – Senior Partner Partner Chairman, Senior Partner Senior Partner Vice President India Credit Comvest Partners StepStone Group Swiss Capital Alternative IDG Capital Partners Lexington Partners Samena Capital Investments AG
Shim, Jaewoo van Horne, Charles Chou, Chin Cho, Alex Lee, Hyoung-Joo Hirazumi, Noriaki Managing Director Managing Director Managing Director Managing Director, Head of Researcher Investment Solutions Clearwater Capital Abbott Capital Morgan Stanley Private Investment Solutions Korea Winton Capital Winton Capital Partners Management Equity Asia Partners Group Management Management
Kräuchi, Stefan Oh, Karis Volpi, Lorenzo Kodmani, Omar Mullen, Sophia Cussen, Leif CEO Vice President Partner Senior Executive Officer Senior Vice President Portfolio Manager ILS Advisers ILS Advisers Leadenhall Capital EnTrustPermal EnTrustPermal Old Mutual Global Partners Investors ASASK 20162201 Global Private Debtb & EEquity Summit VIP Dinner For CIOs and Sponsor representatives Sponsor Representatives who are committed to attend VIP Dinner
Harada, Hiroshi Deng, Daniel Tan, Juan Kim, Caroline Choi, Vivian Hendry, Cyrus Managing Director Managing Director Investor Relations Director, Investor Vice President Director of Sales, Asia Lighthouse Investment Citadel Limited Two Sigma Investments Relations Paulson & Co. Pacific Partners Paulson & Co. Aspect Capital Asia Limited
Kim, Ryan Ellis, Luke Gandhi, Hersh Chung, Sam Young Ji, SangHoon Pearson, Scott Changwon President Managing Director, Academic Advisor Head of Korea Managing Director Chief Representative of Man Group Asia Pacific Man Group Man Group GCM Grosvenor Robeco Korea Man Group Robeco Institutional Asset Management
Chu, Seok Don Park, Gregory Managing Director Managing Director, Head of The Carlyle Group Asia Structured Credit The Carlyle Group Speaker / VIP Dinner Delegate Biography
Speaker & VIP Dinner Mathias, Anne Senior Managing Director, Macro Strategist Guggenheim Partners Investment Management
Ms. Mathias is a Senior Managing Director and Guggenheim Investments’ Senior Macro Strategist. Building on 20 years of experience in global investment strategy, she works closely with the firm’s Global CIO to formulate Guggenheim’s global view and share it with portfolio managers and clients. She is a leader in market insight, regularly appearing on Bloomberg TV/Radio and CNBC. She has also been Head of Research for Guggenheim Investments and before that, Director of Research for Guggenheim Securities' Washington Research Group. Earlier in her career, she was a principal at the Global Environment Fund, leading global private equity investments in healthcare infrastructure Ms. Mathias has a B.A. (cum laude, Phi Beta Kappa) from the University of Maryland, and a Master’s in International Affairs, with honors, from Georgetown University. She is a CFA Charter holder and a member of the CFA Society of Los Angeles and the CFA Institute.
VIP Dinner Hubbell, Gina Senior Managing Director, Structured Transactions Guggenheim Partners Investment Management
Ms. Hubbell is a Senior Managing Director in Guggenheim’s investment management division responsible for developing and implementing structured investment products for Guggenheim’s institutional clients that target specific regulatory, accounting, tax and investment risk objectives. Prior to joining Guggenheim in 2010, Ms. Hubbell was a Managing Director and head of the Structured Products Group at Cantor Fitzgerald. Prior to Cantor, she headed Structured Credit at UBS and was responsible for arranging, structuring and marketing the firm’s credit-backed CLOs and other structured credit products. From 1986 through 1999, Ms. Hubbell ran Fixed Income Product Development at Credit Suisse. During that term she created and ran the firm’s CDO/CLO business, new issue mortgage group and developed specialized transactions across asset classes including real estate, derivatives, ABS and project finance. Ms. Hubbell received a B.A. from Stanford University and a J.D. from Northwestern University School of Law.
Panelist & VIP Dinner Lindland, Matthew Senior Managing Director, Structured Transactions Guggenheim Partners Investment Management
Mr. Lindland joined Guggenheim in 1999 and has been responsible for management of structured finance asset portfolios. Prior to joining Guggenheim, he was Senior Vice President and director of the Corporate Transactions Group of Amerin Guaranty Corporation, a mortgage insurance company with which he was affiliated from its inception in 1993 to its sale in 1999. Previously, Mr. Lindland spent seven years in the investment banking and MBS areas of Rothschild Inc, Kidder Peabody & Co. and Drexel Burnham Lambert Incorporated. Mr. Lindland graduated from the University of Michigan with a B.S. in Computer Science and Philosophy. He has earned the right to use the Chartered Financial Analyst® designation and is a member of the CFA Institute.
Speaker & VIP Dinner Abrams, David Senior Managing Director Cerberus Capital Management, L.P.
Mr. Abrams joined Cerberus in 2016. Prior to joining Cerberus, Mr. Abrams was the Managing Partner of the Apollo European Principal Finance Funds franchise which had approximately $5 billion of assets under management with a primary focus on acquiring distressed debt, real estate and non-performing loans. From 1996 through 2007, Mr. Abrams was a Managing Director in the Leveraged Finance Group of Credit Suisse, based in London and New York. From 2004 through 2007, he founded and was the Head of the Credit Suisse Specialty Finance Investment business which invested in non-performing loan portfolios and distressed assets. From 1996 through 2004, Mr. Abrams was a founding member and Co-Head of the Global Distressed Sales and Trading Group at Credit Suisse (and its predecessor Donaldson Lufkin & Jenrette, Inc.). Mr. Abrams began his career in 1989 as an analyst in the Investment Banking Division of Bear, Stearns & Co. and then as an associate/vice president at the Argosy Group, a boutique corporate restructuring firm. Mr. Abrams graduated cum laude with a B.S. in Economics from the Wharton School of Business at the University of Pennsylvania.
VIP Dinner Kravit, Ronald Co-Head of U.S. Real Estate Investing and Senior Managing Director Cerberus Capital Management, L.P.
Mr. Kravit joined Cerberus in 1996. Prior to joining Cerberus, Mr. Kravit was a Managing Director at Apollo Real Estate Advisors, L.P., from 1994 to 1996, where he was responsible for new business development, acquisitions and asset management. Prior to his tenure at Apollo, Mr. Kravit was a Managing Director at G. Soros Realty Advisors/ Reichmann International, an affiliate of Soros Fund Management, from 1993 to 1994. Before joining Soros, Mr. Kravit was Vice President/Chief Financial Officer at the Maxxam Property Company in Houston from 1991 to 1993 and Vice President with Miller-Klutznick-Davis-Gray Co. in Los Angeles and Chicago from 1984 to 1991. From 1979 through 1982, Mr. Kravit was an accountant. Mr. Kravit is a certified public accountant. Mr. Kravit is a graduate of Georgetown University and received an M.B.A. from The Wharton School of Business at the University of Pennsylvania. ASASK 20162201 Global Private Debtb & EEquity Summit Speaker / VIP Dinner Delegate Biography
VIP Dinner Song, Hazel Vice President Cerberus Capital Management, L.P.
Ms. Song joined Cerberus in 2013. Prior to joining Cerberus, Ms. Song was a Senior Vice President of Investor Relations & Business Development at Avenue Capital Group from 2005 to 2012. Previously, she was in the Marketing Groups for The Alternative Investment Group of UBS Financial Services Inc. from 2004 to 2005 and Paradigm Global Advisors from 2002 to 2004. Ms. Song is a graduate of New York University.
Speaker & VIP Dinner Wallinder, Marcus Managing Director, Deputy Head of Investor Relations EQT Partners
Marcus Wallinder joined EQT Partners in August 2009 as IR Fundraising Director. Prior to joining EQT Partners, Marcus was a Director at Danske Bank’s Corporate Finance division in Stockholm. Marcus has more than thirteen years’ experience of investment banking from Stockholm and London. Additionally he has worked for PwC in audit and management consultancy. Marcus holds a B.Sc. in Business Administration and Economics from the University of Stockholm, with a major in Finance and Accounting.
VIP Dinner Ham, Sehoon Director EQT Partners
Sean Sehoon Ham joined EQT Partners in January 2016 as Investor Relations Director for Asia. Prior to joining EQT Partners, Sean was a Vice President at The Blackstone Group. Before joining Blackstone, he worked in the investment banking firms including UBS and Merrill Lynch, and private equity firms including Cornerstone Equity Partners and Vogo Investment Group. Sean holds an MBA from Columbia Business School and studied an MS in Business Administration from Seoul National University.
Speaker & VIP Dinner Zander, Steve Head of European Special Situations, Co-Chief Investment Officer Cross Ocean Partners
Steve is the Co-CIO, the head of ESS and a member of Cross Ocean’s shareholder committee. Prior to Cross Ocean, he was the head of Capula European special situations having joined the firm in June 2012. Prior to Capula, Steve was a founding senior partner at Hayfin where he was chief investment officer and chairman of the investment committee from 2009 to 2011. He was responsible for investing in special situations predominately focused on senior secured leveraged loans in Western Europe. From 2002 to 2009, Steve was at BAML, most recently as a managing director and co-head of the GLSSG (2008-2009) and earlier as head of the European distressed and loan trading business. Earlier in his career, Steve was at Barclays Capital (1997-2002) as head of European high- yield and distressed trading and prior to that at UBK Asset Management (1992-1997) where he was head of credit and, earlier, as a credit analyst. Steve was a chartered accountant at KPMG from 1989 to 1992.
VIP Dinner Berry, Mark Head of Marketing & Investor Relations Cross Ocean Partners
Mark is head of secondary markets for the ESS and co-head of marketing and investor relations of Cross Ocean. Prior to Cross Ocean, he was head of secondary markets at Capula ESS, having joined the firm in January 2013. Prior to this, Mark was a partner and head of secondary markets as well as a member of both the management and investment committees at Hayfin (2009-2012). From 1998 to 2008 Mark was a managing director at BAML. During this time Mark managed credit sales teams in the United States and Europe. While in the United States, Mark managed money market sales, investment grade credit sales, non-investment grade credit sales, loan sales/ sourcing and distressed credit sales. In Europe, Mark managed leveraged finance credit sales and sourcing, and was responsible for building the European credit hedge fund sales team. Mark began his career as a salesperson in the leveraged finance group at Lehman Brothers in 1988. Speaker / VIP Dinner Delegate Biography
VIP Dinner Biner, Henry Director, Global Head of Marketing P/E Investments
Mr. Biner leads marketing efforts for P/E Investments. He joined the firm in 2004, bringing understanding of both institutional and retail client needs, as well as expertise in the Swiss hedge fund industry. From 1999 to 2004, Mr. Biner served domestic investors at Thornton Capital and Merrill Lynch. In 1999, he served as CEO of CreInvest AG, a publicly traded fund of hedge funds, affiliated with Julius Baer Private Bank. He was responsible for product management, regulatory reporting, and public relations for this $250M fund. In 1998, Mr. Biner developed the Alternative Fund-Growth Programme for UBS Fund Management Company (Intrag AG). During 1997, he worked at Bank Leu, successfully leading the Leu Prima Global Fund, the first fund of hedge funds ever registered in Switzerland, concurrently; he led the Bermuda-based Prima Funds. Mr. Biner has completed his Series 3 registration for trading futures and options, and is registered as an Associated Person with the National Futures Association. Mr. Biner holds a B.A. in Management and Computer Science from Webster University in Geneva, Switzerland, and an MBA from the University of Southern California.
VIP Dinner Lua, Jene Director, Asia Pacific P/E Investments
Mr. Lua leads Asian business development efforts. From 2004-2010, he served as General Manager of Prudential Asset Management Singapore Ltd., leading retail sales and marketing efforts in Singapore, Hong Kong and Indonesia. He served as Business Development Manager for Fidelity Investments (Singapore) Ltd., (2003-2004) for AIG Investment Corporation (2001-2003) and for IPP Capital Advisory Pte Ltd. (2000-2001). Mr. Lua started his career as a marketing officer at Sony Marketing Asia Pacific Pte. Ltd. In 1998, he earned a B.A. in Business Administration with Upper Honors from the National University of Singapore.
Speaker & VIP Dinner Van der Linden, Ross Managing Director Golub Capital
Mr. Van der Linden is a Managing Director in Golub Capital’s Business Development Group, responsible for business development and fund marketing. Prior to joining Golub Capital, Mr. Van der Linden worked at StormHarbour Securities LP where he focused on M&A within the CLO, as well as leading the firm’s new issue CLO practice. Previously, Mr. Van der Linden was a Director in the Financial Institutions Group and the Structured Credit Products Group at Wells Fargo. While at Wells Fargo, Mr. Van der Linden was on a team that focused on structuring, underwriting, marketing and origination for both the CLO and corporate synthetic groups, and during the financial crisis he focused on advising asset managers on strategic alternatives and divestiture opportunities. Mr. Van der Linden began his investment banking career at First Union Securities. Mr. Van der Linden received his BA in Economics from Washington and Lee University in Lexington, VA.
VIP Dinner Chu, BoMee Vice President Golub Capital
Ms. Chu joined the firm’s Product Specialist team to work with the firm’s investors in the middle market lending funds. Prior to joining Golub Capital, Ms. Chu worked at Antares Capital (f/k/a GE Capital) structuring debt transactions for leveraged companies for purposes of LBOs, acquisitions, recapitalizations, refinancings and capital expenditure programs. Ms. Chu began her career at J.P. Morgan where she structured debt transactions in the industrial and natural resources industries and for United States municipalities. Ms. Chu is a graduate of Ross School of Business at the University of Michigan where she earned a Masters of Accounting and Bachelors of Business Administration.
Speaker Lee, Pil Kook Attorney Kim & Chang
Pil-Kook Lee is a foreign attorney in the firm's Investment Management Practice Group and Securities Regulations Practice Group. Mr. Lee has extensive experience in a wide range of cross-border transactions and regulated financial business activities. He has advised many companies on regulatory matters in connection with various financial business activities with an emphasis on investment management and securities business, including setting up Korean operation and licensing applications, cross-border business activities, registration of securities and funds for offerings to Korean investors, and regulatory compliance and examinations of domestic financial institutions. Mr. Lee also advises clients on foreign investments in Korean listed and unlisted companies, acquisitions of financial institutions, and general corporate law and regulatory matters arising from such transactions. ASASK 20162201 Global Private Debtb & EEquity Summit Speaker / VIP Dinner Delegate Biography
VIP Dinner Jeon, Hong Yul Senior Advisor Kim & Chang
Hong Yul Jeon is a Senior Advisor in the firm's Mergers & Acquisitions, Securities Regulations, and Other Financial Institution Practice Group. Mr. Jeon joined the firm after 30 years of his distinguished career with the Ministry of Finance and the Ministry of Finance and Economy (MOFE). Mr. Jeon served in Finance and Economy Committee of the National Assembly as a legislative examiner. He resumed his active role in formulating and implementing the government’s securities policies. Mr. Jeon also served as a member of KOSDAQ committee, Regulation Reform Committee of FSC, Korea Corporate Governance Service Committee. In January 2005, Mr. Jeon moved to Financial Supervisory Service and served as a deputy governor from January 2005 to January 2008. Now he serves the President of Korea M&A Association.
Speaker & VIP Dinner Seex, David Managing Director, Head of Asia Pacific Adveq Management
David Seex is Head of Asia Pacific at Adveq. In this role he is responsible for investor relations, marketing and business development in the region. Before joining Adveq David was CEO of RAB Capital in Asia. Prior to that he was Head of Citigroup Alternative Investments Asia, where he also was a member of the founding management team. Over 15 years with Citigroup, David also served as a transactor in leveraged finance in London and New York and as Head of Restructuring Advisory in Asia. David also spent three years with United Distillers PLC as Head of Corporate Finance and as Commercial Development Director in Asia. He started his career in advertising, working for Saatchi and Saatchi in London. David has lived in Hong Kong for 16 years. David has a Bachelor in Latin and Ancient History from the University of Exeter, UK and an MBA from the Columbia Business School in New York, US.
Speaker & VIP Dinner Delgado-Moreira, Juan Managing Director, Head of International Hamilton Lane
Juan is a Managing Director and Head of International at Hamilton Lane, based in the firm’s Hong Kong office, where he oversees the firm’s Asian and European investment activities and client relationships. Prior to joining Hamilton Lane in 2005, Juan was an Investment Manager at Baring Private Equity Partners Ltd. in London, where he focused on mid-market private equity in Europe. Previously, Juan held senior research positions at UK institutions such as the University of Essex and was a lecturer and Fulbright Scholar at Stanford University. Juan began his career as an analyst in Madrid at the SEPI (formerly known as lnstituto Nacional de Industria). Juan received a Ph.D. in Research Methods/statistics and a B.A. in Political Science and Sociology from the Universidad Complutense de Madrid, Spain. He is a Chartered Financial Analyst, a member of the CFA Institute and the Securities Institute.
VIP Dinner An, Sungji Steve Vice President Hamilton Lane
Sungji (Steve) is a Vice President in Hamilton Lane’s Business Development Group, based in the firm’s Hong Kong office, where he is primarily responsible for business development and client servicing for Korea-based clients. Prior to joining Hamilton Lane in 2014, Sungji worked for Neuberger Berman and Mercer Investment Consulting in Seoul. Sungji received a B.A. from Yonsei University in Korea, and he is a native Korean speaker.
Speaker Gupte, Pavan A. Managing Director – India Credit Samena Capital
Mr. Gupte is a Managing Director of Samena Capital’s India Credit business. He has 21 years of principal investing experience in Europe and Emerging Markets. During his initial years, he worked in project financing, set up the Indian bank for KBC Bank NV, Belgium & Co-Headed Asian investments for Adams St. Partners, London. In 2003, he joined Gartmore Private Equity, eventually growing the business to create a US$7 billion AUM global private equity firm. In 2011, he relocated to Singapore as Chief Strategy Officer at CVCI Private Equity, where he was a member of the Global Management and Investment Committees. In 2014, he founded Bombay Central LLP, a co- investment firm advising institutional clients on Indian investments. Since 2005, he has been a speaker at several global forums on private markets. Speaker / VIP Dinner Delegate Biography
VIP Dinner Mehta, Akash Managing Director – India Credit Samena Capital
Mr. Mehta is a Managing Director (India Credit) of Samena Capital. He has 14 years of transactional and principal investment experience in special situations, high yield, private equity and real estate across Asia. Previously, Mr. Mehta was Chairman of Indo Pacific Housing Finance Ltd. (erstwhile AIG Home Finance Ltd.), an Indian housing finance company, which he acquired from AIG in partnership with the Pacific Century Group and subsequently sold to L&T Finance Holdings Ltd. Mr. Mehta was also an Executive Director with Ashmore India where he focused on special situations investments and helped build Ashmore’s Indian FCCB book. Prior to Ashmore India, Mr. Mehta was a portfolio manager at a large family office in Hong Kong where he was initially responsible for a Japan portfolio focusing largely on real estate and subsequently managed a series of successful private equity investments in India. Mr. Mehta has a Bachelor’s degree from Haverford College and a MBA from Harvard Business School.
Speaker & VIP Dinner Lee, Dan Senior Partner Comvest Partners
Dan is a Partner and serves as a member of the Investment Committee for Comvest’s direct lending strategy. He is responsible for originating, structuring, and managing investments. Prior to joining Comvest, Dan was a Senior Director with Dymas Capital Management, where he served on the Investment Committee and was instrumental in the formation and growth of the firm from its start-up phase to an established middle-market finance company. He has served as a Managing Director at Square 1 Bank and Kugman Partners, and as an investment banker at Salomon Smith Barney. Prior to getting his MBA, Dan began his career with Arthur Andersen and Heller Financial’s Corporate Finance Group. Dan received an M.B.A. from the University of Michigan and a B.A. from the University of Notre Dame.
Speaker & VIP Dinner Baumann, Hans-Jörg Chairman, Senior Partner Swiss Capital Alternative Investments AG
Hans-Jörg is Chairman of the Board and one of the co-founders of Swiss Capital Alternative Investments AG. As member of the Management Team he is responsible as well for International Key Clients & Business Development. Before 1998 he was Key Function Holder Head of Trading & Sales Fixed Income Switzerland and Member of the UBS Global Trading & Sales Management Board at UBS in Zurich. During his 20 years in banking and financial services, Hans-Jörg held various leading positions at UBS in Zurich and Geneva. He is as well Chairman of Alternative Investments Circle (SFAMA). Hans-Jörg holds a Master in Business Administration and Economics from the University of Zurich.
Moderator & VIP Dinner Kim, Mu-Shin Partner StepStone Group
Mr. Kim is a member of StepStone’s Asia team, and focuses on both investments, such as primary funds, secondary transactions and co-investments and business development in the region. Prior to StepStone, Mr. Kim was Head of Private Equity at Asian Development Bank (ADB), where he was responsible for the team investing in funds of private equity, venture capital and infrastructure across the Asian emerging market. Prior to ADB, Mr. Kim worked at El Paso (Singapore) Corporation where he managed a number of M&A deals in the power and gas industries, primarily in Korea and Japan. Prior to that, he worked at a Korean conglomerate focused on global energy business development, with a particular focus on Kazakhstan and the Georgia Republic in 1990’s. Mr. Kim graduated with a BBA from Sogang University in Korea and an MBA from the Tuck School of Business at Dartmouth College in the US.
Speaker & VIP Dinner Guo, Young Senior Partner IDG Capital Partners
Prior to joining IDG Capital, Young was a member of the Soros Fund Management in New York from 1996 to 1999, where he was involved in managing a $3 billion private equity fund. In 1996, Young worked for Salomon Brothers in New York, where he participated in securities trading. He worked at W.R. Grace & Co. in Maryland from 1990 to 1995, where he led product development and was granted five U.S. patents. Young holds an MBA from Columbia Business School, a Ph.D. in Polymer Science and Engineering from the University of Massachusetts at Amherst, and a B.S. in Applied Chemistry from Shanghai Jiaotong University. ASASK 20162201 Global Private Debtb & EEquity Summit Speaker / VIP Dinner Delegate Biography
Speaker & VIP Dinner Lee, John Yong Suk Vice President Lexington Partners
Mr. Lee is a Vice President of Lexington Partners based in the Hong Kong office. Mr. Lee is primarily engaged in the evaluation of secondary purchases of non-U.S. buyout, mezzanine and venture capital interests, and the origination of non-U.S. equity co-investments. Prior to joining Lexington in 2014, Mr. Lee was a vice president in investment banking at Morgan Stanley, where he executed a number of transactions for numerous corporate and financial sponsor clients during his eight-year career with the Asia Pacific Mergers & Acquisitions team. Mr. Lee graduated from Princeton University with an A.B. in Economics.
Speaker & VIP Dinner Shim, Jaewoo Managing Director Clearwater Capital Partners
Jaewoo Shim joined Clearwater in 2002 and is a member of the Firm’s Investment and Management Committees. Since establishing the Korea office, he has played a key role in building Clearwater’s Korea presence, including the investment of more than $500 million across 40 transactions in the region. Mr. Shim is a CFA charterholder, holds a master of business administration degree in Finance and Accounting from New York’s Stern School of Business and holds a bachelor of arts degree in Business Administration from Yonsei University.
Speaker & VIP Dinner van Horne, Charles Managing Director Abbott Capital Management
Mr. van Horne has over 30 years of experience in private equity and is responsible for managing the firm’s marketing and client services functions, and participates in Abbott Capital’s investment discussions and decisions. Prior to joining Abbott Capital in 2001, Mr. van Horne was a founding Managing Director of AIG Capital Partners, Inc., responsible for AIG Capital Partners’ fund development and client services. Mr. van Horne also served on the investment committees for several AIG private equity funds, and AXA-AIG Funds of Funds. Prior to joining AIG, Mr. van Horne was Managing Director of Creditanstalt International Advisors, where he established and managed its private equity investment activities. He also worked for Bankers Trust and for UBS Securities, Inc. in various capacities in New York and London. Mr. van Horne received his B.A. from the University of Pennsylvania and also serves as President of the Roothbert Fund.
Speaker & VIP Dinner Chou, Chin Managing Director Morgan Stanley Private Equity Asia
H. Chin Chou is the Chief Executive Officer of Morgan Stanley Private Equity Asia and a Managing Director of Morgan Stanley, based in Hong Kong. Mr. Chou also serves on the Firm's Asia Pacific Executive Committee, which is comprised of the Firm's senior business leaders within the Asia Pacific region. Mr. Chou joined Morgan Stanley in 1987 in New York and has spent 27 years at Morgan Stanley, with the past 23 years in Asia. Mr. Chou has lead MSPE Asia's four private equity funds to date: the $330mm MSGEM Fund (1999), the $525mm Asia Fund II (2005), the $1.5bn Asia Fund III (2007) and the current $1.7bn Asia Fund IV, and also oversees the Firm's China RMB private equity business. Mr. Chou was also part of Morgan Stanley’s Private Equity Group in New York in the late 1980s. He was previously a Director of CTCI, eAccess, ECVision, HTL, Hyundai Rotem, ITest, Landmark, Ssangyong Corporation and YesAsia. Mr. Chou holds a B.A., magna cum laude, from the University of Pennsylvania and an M.B.A. with Distinction from Harvard Business School.
Speaker Driver, Cyrus Managing Director, Head of Private Equity, Asia Partners Group
Cyrus Driver is Head of Private Equity in Asia, based in Singapore. He is a member of the Private Equity Directs Investment Committee. He has 16 years of industry experience. Prior to joining Partners Group, he worked at J.P. Morgan Partners LLC, Helix Investments and Arka Capital Advisors Pvt Ltd. He holds an MBA from the Indian Institute of Management, Ahmedabad. Speaker / VIP Dinner Delegate Biography
VIP Dinner Cho, Alex Managing Director, Head of Investment Solutions Korea Partners Group
Alex Cho is Head of Partners Group’s Seoul office and Head of Investment Solutions for Korea, as part of the Asian Investment Solutions business unit. He has been with Partners Group since 2008 and has 20 years of industry experience. Prior to joining Partners Group, he worked at Korea Venture Fund, Korea Development Investment Finance Corporation and Korea Venture Investment Corporation. He holds an MBA from California State University, Los Angeles.
Speaker Flanders, Ryan Head of Private Debt Products Preqin
Ryan is the Head of Private Debt Products at Preqin and is tasked with creating and maintaining the commercial and data related efforts within the alternative lending space. This currently includes, direct lending, mezzanine, distressed debt, venture debt and special situations. Preqin is the alternative assets industry’s leading source of data and intelligence. He has been with Preqin for nearly 4 years and is a Chartered Alternative Investment Analyst (CAIA).
Moderator & VIP Dinner Shin, Andrew Head of Investment Services, Korea Willis Towers Watson
Andrew joined Willis Towers Watson in 2012 and is currently Director of Investment Services in Korea. Andrew commenced his investment career in Canada progressing through a number of roles including product development, research analyst and investment management. He returned to Korea in 2007 to take up a Global Portfolio Manager role at the Asset Management Division of Dongbu Insurance. Prior to joining Willis Towers Watson in 2012, was also a Senior Manager at the Structured Finance Team within the Investment Banking Group at Hanwha Investment Securities. Andrew holds a BA in Economics from Simon Fraser University in Canada and also holds various professional designations including the CFA Charter, FRM, CAIA and CMA designations. Andrew is currently a member of Korea CFA Society, Vancouver CFA Society, Korea CAIA Society, and is a Certified Management Accountant/Chartered Professional Accountant (Canada).
Moderator & VIP Dinner Oh, Elizabeth Head of Investments Advisory, Korea Mercer
Elizabeth Oh is a Principal within Mercer’s Investments business. She is responsible for heading business development with Korean institutional clients and leveraging the company’s global investment services product offering on their behalf. Elizabeth brings to Mercer more than 20 years of experience in asset management services sales and institutional investor relationship management, serving institutions in Korea and Japan. Prior to joining Mercer, she was at Citibank Investor Services in Hong Kong for 6 years as Director, Regional Client Sales Manager with responsibility for developing the firms business in Korea and Japan. She also has extensive experience in the investment field and has worked for several corporations such as Mizuho Corporate Bank and Daiwa Securities. ASASK 20162201 Global Private Debtb & EEquity Summit Corporate Profiles
Platinum Sponsor Bronze Sponsor
Guggenheim Investments is the global asset management and Cerberus Capital Management, L.P. is a value-oriented private investment investment advisory division of Guggenheim Partners, with $199 billion firm with more than $30 billion under management. Established in 1992 in total assets across fixed income, equity, and alternative strategies. We to invest in distressed debt, Cerberus has grown into a fully integrated, focus on the return and risk needs of insurance companies, corporate asset management firm with one of most experienced and longest- and public pension funds, sovereign wealth funds, endowments tenured teams of investment and operational professionals in the industry. and foundations, consultants, wealth managers, and high-net-worth Today, Cerberus invests through its three complimentary platforms: Global investors. Our 275+ investment professionals perform rigorous research Credit Opportunities, Private Equity and Real Estate. Cerberus is known for to understand market trends and identify undervalued opportunities its ability to consistently identify and capitalize on market dislocations and in areas that are often complex and underfollowed. This approach to distressed economic cycles worldwide. Headquartered in New York City, investment management has enabled us to deliver innovative strategies with offices in Chicago and Los Angeles, Cerberus draws on the expertise providing diversification opportunities and attractive long-term results. of a network of advisory offices in London, Baarn (Netherlands), Frankfurt, Madrid, Belfast, Dublin, Tokyo and Beijing.
Bronze Sponsor
CROSS OCEAN P A R T N E R S
EQT invests in good companies across the world with a mission to help Cross Ocean Partners is a recently-formed, special situations asset them develop into great and sustainable companies. By providing access management platform focused on credit investment opportunities in to ownership skills and operational expertise, EQT can help acquired a broad range of asset classes, including corporate loans and bonds, companies grow and prosper, both under EQT's ownership and with hard assets, commercial real estate, liquidations and structured credit. future owners. EQT has several investment strategies – Equity, Mid Market, The Adviser is based in London. Concurrent with the formation of Cross Infrastructure and Credit – guided by a responsible ownership approach Ocean, the Adviser acquired the European Special Situations business and an industrial growth strategy. Approximately EUR 29 billion has been from Capula Investment Management LLP. The business has been re- raised from over 300 global institutional and professional investors. More branded “Cross Ocean ESS”. Cross Ocean ESS continues to manage the than EUR 16 billion has been invested in around 140 companies. The most existing $1.5bn (equivalent) ESS Fund I. Cross Ocean is backed by the tangible result of the EQT Business Model is that portfolio companies have Trident VI funds managed by Stone Point Capital LLC, Graham Goldsmith, on average increased the number of employees by 11%, sales by 8% and the former Head of Global Credit and Special Situations group at Bank earnings by 11% annually during EQT Equity funds’ ownership. Almost all of America Merrill Lynch, and the senior members of Cross Ocean ESS. of the return on investments is attributed to operational improvements Together they have committed $240m to the new platform. such as increased sales and efficiency gains.
Golub Capital is a nationally recognized credit asset manager with over StepStone is a global private markets firm overseeing over US$80 billion $15 billion of capital under management. The firm has an award-winning of private capital allocations, including over US$14 billion of assets under middle market lending business. Today, the firm has over 250 employees management. It has over 170 professionals across eleven offices in Beijing, with lending offices located in Chicago, New York, San Francisco Hong Kong, La Jolla, London, New York, Perth, San Francisco, Paulo, and Charlotte. Golub Capital has three business lines that are highly Seoul, Sydney, and Tokyo. StepStone creates customized portfolios for the complementary to one another: Middle Market Lending, Late Stage world’s most sophisticated investors using a highly disciplined research- Lending and Broadly Syndicated Loans. focused approach that prudently integrates primaries, secondaries, and co-investments across the private markets (Private Equity, Private Debt, Real Estate, Infrastructure, Energy and Real Assets). Swiss Capital, founded in 1998, is an international alternative asset manager with a focus on Private Debt and Hedge Funds. With offices in Zurich and Dublin, the firm has more than US$5 billion of assets under management. It has 50 professionals across two offices in Zurich and Dublin.
StepStone works in collaboration with Swiss Capital on Private Debt and Hedge Funds opportunities. Corporate Profiles
Bronze Sponsor Session Sponsor
Kim & Chang is Korea’s premier law firm. We believe this is directly related Founded in 1997, Adveq is a leading asset manager investing in private to our relentless dedication to our founding principle: we measure our equity globally. It offers specialized investment solutions which allow the success by the success and satisfaction of our clients. Since 1973, many firm’s clients to access select private market segments through primary, of the world’s largest companies have turned to us for smart solutions to secondary and co-investments. Adveq’s client base comprises institutional their most difficult challenges. Today, 1200 professionals (both lawyers investors such as pension funds, insurance companies, family offices and and industry experts) continue to achieve outstanding results by putting other financial institutions located in Europe, North America and the Asia- the collective experience of the firm to work. Kim & Chang is home to Pacific region. Many of Adveq’s investors are repeat, long-term clients lawyers licensed to practice in Korea, as well as in the U.S., China, France, with whom the firm has developed a role as a trusted partner for private Germany, U.K., Canada, Australia, New Zealand, and in other countries. For market investing. Adveq has offices in Zurich, Frankfurt, London, Jersey, each matter, we work together on a task-force basis, bringing to bear the New York, Beijing, Shanghai and Hong Kong. right mix of people and expertise across practice areas and industries.
Session Sponsor
Hamilton Lane is an independent alternative investment management Samena Capital is a principal investment group focusing on the firm providing innovative private markets solutions to sophisticated Subcontinent, Asia, Middle East and North Africa, collectively the SAMENA investors around the world. The firm has been dedicated to private region. It has raised US$ 1.1 billion of assets since 2008 and has returned markets investing for more than two decades and currently has more US$ 500 million in capital from over 40 full and partial exits. Samena than 250 employees operating in 12 offices throughout the U.S., London, Capital currently manages total capital commitments of approximately Hong Kong, Rio de Janeiro, Tel Aviv, Tokyo and Seoul. With over $239 US$ 700 million across three primary investment strategies; private equity, billion in total assets under management and supervision1, Hamilton direct investment and credit. Established in 2008, the Group has offices in Lane offers a full range of investment products and services that enable London, Dubai, Mumbai and Hong Kong. clients to participate in the private markets asset class on a global and customized basis. The firm has been named an Inc. 5000 Fastest-Growing Company and a “Best Places to Work in Money Management” by Pensions & Investments.
1As of December 31, 2015
Comvest Partners is a private investment firm providing equity and IDG Capital Partners focuses on investing in China related VC & PE projects. debt capital to middle-market companies across North America. Since Our offices are located in Hong Kong, Beijing, Shanghai, Guangzhou, its founding in 2000, Comvest has invested $2.1 billion in over 130 Shenzhen, and Hangzhou. We primarily invest in leading companies in companies. Today, Comvest’s funds have $2.5 billion of assets under TMT, consumer goods and services, healthcare, Industrial Technology, management. Through our extensive capital resources and broad network culture and tourism sectors in all lifecycle stages from early stage to pre- of industry relationships, we offer our companies financial sponsorship, IPO. Our investments range from US$1M to US$100M. Since 1992, as one critical strategic and operational support, and business development of the earliest foreign investment funds to enter the Chinese market, assistance. we have invested in over 450 outstanding companies, such as Tencent, Baidu, Ctrip, SouFun, Xiaomi, CreditEase, Kingdee, Sohu, 91 Wireless, Hanting Inns & Hotels, Kanghui and Wu-Mart, and successfully exited from over 100 investments through M&A or IPO in US, Hong Kong and mainland China. With in-depth understanding of local market, we invest in high quality companies with long-term growth potential and maintain close relationship with entrepreneurs, sharing our professional expertise, experiences and resources. ASASK 20162201 Global Private Debtb & EEquity Summit Corporate Profiles
Session Sponsor
Lexington Partners is a leading global alternative investment manager Clearwater Capital Partners, LLC invests in special situations, credit or primarily involved in providing liquidity solutions to owners of private otherwise undervalued assets and securities in Asia. The Firm’s extensive equity and alternative investments and in making co-investments knowledge across multiple sectors and industries in China, India, Korea, alongside leading private equity sponsors. Lexington Partners is Australia, Southeast Asia and Pan Asia has enabled it to invest and the largest independent manager of secondary acquisition and co- realize approximately US$5 billion of capital since its founding in 2001. investment funds with more than $34 billion in committed capital. Since Clearwater employs a three-pronged investment strategy across fixed 1990, Lexington has acquired over 2,600 secondary and co-investment income, direct lending and restructuring opportunities, using deep interests through 600 transactions with a total value in excess of $38 expertise in balance sheet recapitalization, financial restructuring and billion, including $12 billion of syndications. Lexington also invests in hands-on asset management to build businesses for growth across a private equity funds during their initial formation and has committed to private equity portfolio. Clearwater employs 44+ professionals across six more than 300 primary funds in the U.S., Europe, Latin America, and the offices located in Hong Kong, Singapore, Mumbai, Seoul, Beijing and New Asia-Pacific region. Lexington has offices strategically located in major York. centers for private equity and alternative investing – New York, Boston, Menlo Park, London, Hong Kong, and Santiago. Lexington also has senior advisors located in Asia, Australia, and Latin America.
Abbott Capital Management was founded in 1986 with a vision of Morgan Stanley Private Equity Asia is one of the leading private equity providing value-added private equity portfolio construction and investors in Asia-Pacific, having invested in the region for over 20 management for institutional investors. Since that time, Abbott Capital years. Private Equity Asia invests primarily in highly structured minority has sought to build industry-leading capabilities focused exclusively investments and control buyouts in growth-oriented companies at on identifying cycle-tested managers of private equity funds globally attractive valuations. The experienced investment team is led by senior and constructing thoughtful, high-conviction portfolios. Abbott Capital professionals with extensive industry relationships, in-depth market manages over $7 billion in private equity assets for institutions and knowledge and the ability to apply international investment principles their beneficiaries around the world. We take pride in our thorough due within each local context. diligence, disciplined portfolio construction, ability to access to quality managers, stable leadership, and high level of client service.
Associate Sponsor
Partners Group is a global private markets investment management firm Founded in 1995, P/E Investments manages assets for individual and with over USD 50 billion (EUR 46 billion) in investment programs under institutional investors worldwide. P/E Investments is located in the Boston management in private equity, private real estate, private infrastructure area. We manage over US$4.6 Billion for individuals and institutions and private debt. The firm manages a broad range of customized worldwide. Our flagship product, the FX Strategy, is an absolute portfolios for an international clientele of institutional investors. Partners return product investing in foreign exchange. The investment style Group is headquartered in Zug, Switzerland and has offices in San is quantitative, based on fundamental macroeconomic and financial Francisco, Houston, New York, Denver, São Paulo, London, Guernsey, factors. The strategy employs a quantitative framework to evaluate daily Paris, Luxembourg, Milan, Munich, Dubai, Mumbai, Singapore, Shanghai, fundamental factors in order to identify current drivers of currency market Seoul, Tokyo and Sydney. The firm employs over 800 people and is listed returns. Below is a summary of the benefits of the FX Strategy: on the SIX Swiss Exchange (symbol: PGHN) with a major ownership by its - Diversification is one of major benefits offered by the FX Strategy partners and employees. - Since inception, the FX Strategy has exhibited a low correlation to equities, a negative correlation with bonds, and little or no correlation to other Global Macro managers - Daily Liquidity and Transparency in our partnerships and separate accounts - Strong performance for the past 12 years - Flexibility in terms of risk levels and a variety of investment vehicles Corporate Profiles
Associate Sponsor Media Partner
Och-Ziff Capital Management is a global institutional asset management Mergermarket provides forward-looking M&A origination intelligence and firm founded in February 1994 by Daniel S. Och (Chief Executive Officer deal flow opportunities integrated with a comprehensive deals database and Executive Managing Director) in partnership with Ziff Brothers which allows our clients to generate revenue-enhancing ideas for their Investments. The firm’s assets under management are US$42.0 billion (as clients. Our independent M&A intelligence tool is used by the world's of April 1, 2016) managed across a number of different portfolio strategies foremost financial institutions to originate deals. It provides proprietary including multi-strategy, credit, real estate, equity and other alternative intelligence on potential deal flow, potential mandates and valuations via strategies. We have expanded our international presence with offices in the world's largest group of M&A journalists and analysts who have direct London, Hong Kong, Mumbai, Beijing, Shanghai, Dubai and Houston. access to the most senior decision-makers and corporates. Our objectives are to create long-term value for our fund investors Please call +852 2158 9760 and read more about us on www. by generating consistent, positive, absolute returns while protecting mergermarket.com investor capital, and to develop new, carefully considered investment opportunities. Our extensive experience, combined with the consistency of our approach to investing and disciplined risk management, has been integral to extending our performance history.
Supporting Partner Education Partner
® alternative assets. intelligent data.
Preqin is the leading source of information for the alternative assets Founded in 2002, the CAIA Association is the world leader and authority industry, providing data and analysis via online databases, publications in alternative investment education. The CAIA Association is best and complimentary research reports. Preqin is an independent business known for the CAIA Charter®, an internationally-recognized credential with over 250 staff based in New York, London, Singapore, San Francisco granted upon successful completion of a rigorous two-level exam series, and Hong Kong serving over 37,000 customers in 94 countries. combined with relevant work experience. Earning the CAIA Charter is the gateway to becoming a member of the CAIA Association, a global Preqin has the most comprehensive and extensive information available network of more than 8,000 alternative investment leaders located in 80+ on the private equity, hedge fund, real estate, infrastructure, private debt countries, who have demonstrated a deep and thorough understanding and natural resources industries, encompassing funds and fundraising, of alternative investing. Having grown rapidly, the CAIA Association now performance, fund managers, institutional investors, deals and fund supports vibrant chapters located in financial centers around the world terms. Leading alternative assets professionals from around the world rely and sponsors more than 120 educational and networking events each onPreqin’s services daily, and its data and statistics are regularly quoted by year. The Fundamentals of Alternative Investments Certificate Program® the financial press. is a natural extension of CAIA’s mission to provide solutions to specific market needs for alternative investment education. For more information www.preqin.com on the FAI Program, please refer to www.caia.org/fundamentals. Follow us on Twitter: www.preqin.com/Twitter Find us on LinkedIn: www.preqin.com/LinkedIn ASASK 20162201 Global Private Debtb & EEquity Summit Corporate Profiles
Official Sponsor
The National Pension Service(NPS) was established in 1987 by the The Korea Investment Corporation (KIC) is the sovereign wealth fund of National Pension Act to provide national pension benefits for the insured the Republic of Korea. We manage public funds entrusted by the Korean during old-age, in disability, or following the death of the insured. Its government and the Bank of Korea, investing across diverse asset classes. ultimate aim is to contribute to the stabilization of livelihood and to Our goal is to increase sovereign wealth and help develop the domestic promote the welfare of the nation through a variety of welfare services. finance industry. As of December 2015, the number of insured persons and beneficiaries exceeded 21.6 million and 4.0 million, respectively.
NPS is responsible for the management of the National Pension Fund as well as the enforcement of the pension scheme. And the Fund comprises contributions from insured citizens and accumulated investment returns. To better manage the fund of the national pension scheme in a systematic and professional manner, NPS Investment Management was established within NPS in 1999.
Since its inception in 1988, the Fund has grown to KRW 512 trillion in reserves or around USD 440 billion as of December 2015. NPS IM started alternative investments through venture capital funds in 2003, and its volume of alternatives has increased over KRW 50 trillion, taking up 10.7% in the total fund. According to the last actuarial projection, the Fund is expected to reach at the peak of KRW 2.5 quadrillion in 2043.
KOTRA KOTRA (Korea Trade-Investment Promotion Agency) was established in 1962 as a national trade promotion organization, focused on creating new export markets and encouraging trade and investment from overseas. With the vision to be a “global business platform,” KOTRA continues to strengthen the global capabilities of small- and medium-sized enterprises (SMEs),attract foreign firms and investors, and build partnerships of sustainable growth with emerging countries. Today, KOTRA has an extensive global network of 120 Korea Business Centers in 82 countries.
Invest KOREA Invest KOREA, the national investment promotion agency of South Korea and a member of the World Association of Investment Promotion Agencies (WAIPA), was established within KOTRA to support the entry and integration of foreign businesses in Korea. Invest KOREA enables foreign corporations to maximize the benefits of Korea's investment environment by providing information and consultations regarding investment procedures, laws, taxes, and accounting, as well as assistance extending to comprehensive post-establishment services. Invest KOREA also carries out various activities to attract foreign investment, including finding potential investors, supporting investment projects, and building cooperation with related agencies. Guggenheim Investments delivers innovative investment solutions and long-term results with excellence and integrity.
Investing involves risk, including the possible loss of principal. Guggenheim Investments represents the investment management businesses of Guggenheim Partners, LLC (“Guggenheim”). © 2016 Guggenheim Partners, LLC. All rights reserved. Guggenheim, Guggenheim Partners and Innovative Solutions. Enduring Values. are registered trademarks of Guggenheim Capital, LLC. CERBERUS CAPITAL MANAGEMENT, L.P. IS A VALUE-ORIENTED PRIVATE INVESTMENT FIRM WITH MORE THAN Cerberus Capital Management, L.P. $30 BILLION UNDER MANAGEMENT. 875 Third Avenue New York, NY 10022 Established in 1992 to invest in distressed debt, Cerberus has grown 212.891.2100 cerberuscapital.com into a fully integrated, asset management firm with one of the most experienced and longest-tenured teams of investment and operational professionals in the industry. Today, Cerberus invests through its three complimentary platforms: Global Credit Opportunities, Private Equity and Real Estate. Cerberus is known for its ability to consistently identify and capitalize on market dislocations and distressed economic cycles worldwide. Headquartered in New York City, with offices in Chicago and Los Angeles, Cerberus draws on the expertise of a network of advisory offices in London, Baarn (Netherlands), Frankfurt, Madrid, Belfast, Dublin, Tokyo and Beijing. DEVELOPING COMPANIES
www.eqt.se DEVELOPING COMPANIES
London UK | Greenwich CT USA
+44 207 653 6200
www.eqt.se 210x297_LendingLeadership.pdf 1 5/4/16 11:36 AM
LENDING LEADERSHIP. LASTING RELATIONSHIPS.
C
M
Y ADVANTAGE: YOU.
CM
MY
CY
CMY K Golub Capital professionals specialize in credit-oriented investments. We employ a process-driven strategy designed to deliver best-in-class reliability and superior results for our partners.
Get to know Golub Capital.
GolubCapital.com KOREA’S PREMIER LAW FIRM Passion for Excellence I Engaging Change I Global Reach
Asian Law Firm of the Year The Asia Legal Awards (2015)
National Law Firm of the Year for Korea As Korea’s leading global law firm, Chambers Asia-Pacific Awards (2016) Kim & Chang continues to deliver Who’s Who Legal Awards (2016) innovative solutions to our clients’ IFLR Asia Awards (2016) most complex legal challenges. ALB Korea Law Awards (2015)
www.kimchang.com www.adveq.com
Adveq – Specialized provider of private equity investments.
Z u r i c h • F r a n k f u r t • L o n d o n • J e r s e y • N e w Y o r k • B e i j i n g • S h a n g h a i • H o n g K o n g Founded in 1991, Hamilton Lane is a global leader in private markets solutions.
Hamilton Lane is an independent alternative investment management firm providing innovative private markets solutions to sophisticated investors around the world. The firm has been dedicated to private markets investing for more than two decades and currently has more than 250 employees operating in offices throughout the U.S., Europe, Asia, Latin America and the Middle East.
With more than $239 billion in total assets under management and supervision1, Hamilton Lane offers a full range of investment products and services that enable clients to participate in the private markets asset class on a global and customized basis.
For more information please visit www.hamiltonlane.com
1As of December 31, 2015 Capital with a Pedigree
Samena Capital is a principal investment group focusing on the Subcontinent, Asia, Middle East and North Africa, collectively the SAMENA region. The firm has raised US$1.1 billion of assets since 2008 and has returned US$500 million in capital from over 40 full and partial exits. Samena Capital currently manages total capital commitments of approximately US$700 million across three primary investment strategies: private equity, direct investments and credit.
London Dubai Hong Kong
Samena Capital Management LLP Samena Capital Investments Ltd. Samena Capital Hong Kong Ltd. 21–22 Grosvenor Street 14th Floor, South Tower, 8 Queen’s Road Central London, W1K 4QJ Emirates Financial Tower, DIFC 7th Floor United Kingdom Dubai, United Arab Emirates Hong Kong T: +44 207 319 7600 T: +971 4436 4900 T: +852 3583 6000 E: [email protected] E: [email protected] E: [email protected]
www.samenacapital.com Proud supporter of The ASK 2016 Global Private Debt & Equity Summit
StepStone is a global private markets firm overseeing over US$80 billion of private capital allocations, including approximately US$14 billion of assets under management. The Firm creates customized portfolios for the world’s most sophisticated investors using a highly disciplined research- focused approach that prudently integrates primaries, secondaries, and co-investments.
PRIVATE EQUITY
PRIVATE DEBT
REAL ESTATE
INFRASTRUCTURE, ENERGY & REAL ASSETS
BEIJING HONG KONG LA JOLLA LONDON NEW YORK PERTH SAN FRANCISCO SÃO PAULO SEOUL SYDNEY TOKYO www.stepstoneglobal.com
LP FirstOrder Ad ASK2015 DR050216.pdf 1 5/2/16 2:26 PM
F
C
M
Y
CM
MY
CY
CMY F 2 K
T Clearwater Capital Partners combines the disciplines of fundamental credit investing and private equity value creation to capitalize on special situations investment opportunities in Asia. With a 14-year track record, Clearwater provides investors with access to a full spectrum of credit investments in India, Korea, China, Australia and Southeast Asia. The Firm invests across a broad spectrum of industries and sectors and has the ability to execute transactions in local currency and local language. With its extensive capabilities, Clearwater is a valuable and trusted resource within the investment and business community.
Suite 3205, No. 9 Queen’s Road Hong Kong | Singapore | Beijing | Mumbai | Seoul | New York Central, Hong Kong
+1-852-3713-4800 www.clearwatercapitalpartners.com Building private equity portfolios for long-term investors for 30 years
At Abbott, we strive to build portfolios of private equity Core Portfolios investments that will generate attractive long-term rates of return and meet our clients’ unique performance Secondaries objectives.
Abbott manages over $7 billion for institutions and their Select Buyouts beneficiaries around the world. Abbott is known for rigorous due diligence, access to quality managers, a Select Venture high integrity approach, and customized client service.
Separate Accounts Please contact Charlie van Horne or Young Lee for more information.
New York | London | +1 212 757 2700 | www.abbottcapital.com We create value in private markets by combining strategic vision with market expertise.
Partners Group has been realizing the potential of private market investments for two decades.
Our strategy is to seek out and invest in attractive assets with development potential on behalf of our clients, all around the world.
We do this by combining significant local sourcing capabilities with deep sector expertise and a leading value creation practice.
Our more than 800 professionals in 18 offices around the globe manage USD 50 billion of private market assets on behalf of over 700 institutional clients worldwide.
Private Equity | Private Real Estate | Private Infrastructure | Private Debt www.partnersgroup.com Source new investors for funds
Access fund performance data
We create value in private markets by combining Conduct competitor and market analysis strategic vision with market expertise. Analyze the latest fundraising activity
Develop new business Partners Group has been realizing the potential of private market investments for two decades.
Our strategy is to seek out and invest in attractive assets with development potential on behalf of our clients, all around the world.
We do this by combining significant local sourcing capabilities with deep sector expertise and a leading value creation practice.
Our more than 800 professionals in 18 offices around the globe manage USD 50 billion of private market assets on behalf of over 700 institutional clients worldwide.
Private Equity | Private Real Estate | Private Infrastructure | Private Debt www.partnersgroup.com
Find out how Preqin can help your business:
www.preqin.com [email protected] | +65 6305 2200 alternative assets. intelligent data. curriculumRevised now CAIAregistration available. Level I Alternative Investments:opens AprilExam 1. CAIA Level I Third Edition
“An investment in knowledge pays the best interest.”
If alternatives are a part of your plan, invest wisely: REGISTRATION Exam registration is open as of April 1, become a CAIA Charterholder. 2016 through August 4, 2016. Test centers located in Asia Pacific and CAIA, the global benchmark of alternative investment around the world. Learn more at caia.org or contact a representative at education, helps you: [email protected]. ∙ Exceed the expectations of clients and regulators ∙ Leverage your alternatives knowledge ∙ Gain credibility in a rapidly changing industry
Asia Pacific Contacts: Jo Murphy, Managing Director / Wendy Leung, Events, Candidate & Member Relations Manager, +852 3655 0568 / Peter Douglas, CAIA, Principal, CAIA Singapore, +65 6536 4241 ASASK 20162201 Global Private Debtb & EquityE Summit
ASASK 20162201 Global Private Debtb & EEquity Summit Platinum Sponsor
Bronze Sponsor
CROSS OCEAN P A R T N E R S
Session Sponsor
Associate Sponsor
Media Partner Supporting Partner Education Partner
®
alternative assets. intelligent data.
Official Sponsor
For more information, please contact [email protected] +82 2 360 4209 www.kedask.com