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