Infrastructure Investor: New York - PEI Media

Infrastructure Investor:
New York
September 29-30, 2009
New York Marriott Downtown
www.peimedia.com/infrany09
A private equity international conference

Opening Keynote
PanelistS
Felicity Gates
Partner & Head
Citi Infrastructure Investors
Infrastructure Investor:
New YORK
September 29-30, 2009
New York Marriott Downtown
Marc S. Lipschultz
Global Head of
Infrastructure, Kohlberg
Kravis Roberts & Co.
PEI Media and Infrastructure Investor are pleased to announce the
return of Infrastructure Investor: New York, September 29 and 30.
The conference will build on the success of our 2008 Forum, which
drew over 185 delegates and demonstrated that infrastructure is
thriving as an investment class in its own right.
Adebayo Ogunlesi
Chairman & Managing
Partner, Global
Infrastructure Partners
This forum is the ideal platform for government officials, investors
and fund managers to discuss the proliferating opportunities
in infrastructure and to reveal lessons learned from developing
viable fund structures and securing capital amidst current financial
conditions. Seasoned practitioners will share trends, challenges and
strategies specific to infrastructure investing during in-depth panels
and granular workshops sessions.
KEYNOTE INterview
Mark Wiseman
Senior Vice-President -
Private Investments,
CPP Investment Board
This is an invaluable event for current and potential infrastructure
investors. Past attendees agree:
“Infrastructure Investor: New York provided a forum for lively
discussion about the infrastructure funding needs facing governments
around the globe.”
- James L Smith, III, Merrill Lynch

Speakers
A selection of speakers confirmed for the event include:
Sponsors:
Supporting Associations:
Host Publication:
Data partner:
cal
com/ev
endar visit
www.peimedia.com
Dana Allen Sands
Director of Acquisitions & Execution,
Alinda Capital Infrastructure Fund
Samara Barend
Executive Director,
New York State Commission
on State Asset Maximization
Philip Borel
Editor-in-Chief
PEI Media
Torbjorn Caesar
Partner & Co-Head of Infrastructure
Actis
Robert K. Collins
Managing Director
Greenhill & Co.
Jim Furnivall
Managing Partner
Alterna Capital Partners
Bruce Gelman
Partner
Kirkland & Ellis LLP
D.J. Gribbin
Managing Director
Macquarie Capital (USA) Inc.
Peter Johnston
Managing Director
Macquarie Funds Group
Andrew Jones
Managing Director
Challenger Mitsui Emerging
Markets Infrastructure Fund
Nancy Kessler
Senior Attorney, Office of General Counsel
US Department of Transportation
Martin Lennon
Head of Infracapital
M&G Investments
Sean Patrick Maloney
Partner
Kirkland & Ellis LLP
J. Perry Offutt
Head of Infrastructure Investment
Banking for the Americas
Morgan Stanley
Kerry O’Hare
Acting Executive Director
Building America’s Future
Matina Papathanasiou
Partner, Global Infrastructure
QIC Private Equity
Cezary Podkul
Editor
PEI Media
John R. Schmidt
Partner
Mayer Brown
Anthony Shorris
Professor & Director
Rudin Center for Transportation
Policy and Management, NYU
and Former Executive Director,
Port Authority of New York and
New Jersey
James L. Smith, III
Managing Director & Head of
Transportation/Infrastructure
Global Markets &
Investment Banking
Merrill Lynch
Mark Weisdorf
CIO & Managing Director
Global Real Assets -
Infrastructure Investments,
JPMorgan Asset Management

Day One – Tuesday, September 29
8:30 – 8:45 PEI Media welcome & Chairman’s introduction
8:45 – 9:45 Opening Keynote Panel
Leading deal makers will participate in a candid discussion on the current investment
environment and what is needed to succeed in this asset class:
• Has the infrastructure asset class lived up to its promise in the last 12 months?
• The last 12 months has seen a number of all equity transactions. In retrospect,
was this a smart move?
• What will the deals of the next 1 to 3 years look like?
• Expectations for yields and distributions
9:45 – 10:45 Panel: Going forward, will equity be scarcer than debt?
• Fundraising in the current market environment: issues, considerations, keys to success?
• Where will long term debt come from? (Build America Bonds, TIFIA, tax-exempt
bonds) What does the lack of available debt mean for the billions of equity raised
over 2007 and 2008?
• Creative financing approaches
11:15 – 11:45 Keynote Speaker
11:45 – 12:30 Panel: The Future of PPPs in the US
• What’s next for US PPP: lessons learned from the collapse of PA
Turnpike, Midway, Miami Tunnel and Alligator Alley
• What needs to be done to make PPPs work?
12:30 – 1:15 Panel: Greenfield vs Brownfield
• How and who will fund Greenfield assets?
• What areas are going to be the most interesting for new build?
• What will unlock the Greenfield market in the US?
• Balancing risks through mixed asset portfolios
2:30 – 3:15 Panel: Lessons Learned from the First 8 Months of
The Obama Administration
• Has it been a game changer?
• Navigating the Stimulus Package: connecting the dots to funding
• Keys to overcoming political and institutional challenges
• How the bid and legislative process can be improved in the US
REGISTER TODAY |
Visit: www.peimedia.com/infrany09
Or call: 1 212 633 2905

3:15 – 4:15 Workshop Series I
Workshop A: Infrastructure Valuations
workshop B: Fund Terms & Conditions
4:45 – 5:45 Sector Roundtable
an in-depth discussion on the valuation trends, regulatory hurdles, tax incentives,
investment opportunities, deal flow and exits, and the unique operating environments
and economics specific to the sector.
workshop A: Transportation
workshop B: Renewables / Energy
Day Two – Wednesday, September 30
9:00 – 9:30 Keynote Interview
9:30 – 10:15 Panel: Evolving Deal Structures
• How are PPP deals being structured and negotiated? Changes underway?
• Consideration of potential impact of pending legislation
10:15 – 11:00 Panel: Sustaining Growth of Infrastructure in Emerging Markets
• Which countries will remain stable and attractive in the long term?
• Greenfield projects in emerging and OECD countries
• How infrastructure fits into a mixed asset portfolio?
11:15 – 12:00 Panel: Managing Infrastructure Assets in Post-Cheap Debt Era
• Managing reserves and cash flow
• Maintaining cash yield minimums
• Infrastructure revenue outlook (user fees, taxes, general taxes)
• Costs: a look at non-financing cost-side trends
12:00 – 1:00 Panel: LP Appetites – How are preferences changing?
• Investor appetite for infrastructure and the timing of making investments
• Opportunities and concerns for pension funds investing directly in infrastructure
• Characteristics that investors value most in making investments
• Keys to attracting foreign capital
• Are hybrid funds more attractive?

Opening Keynote Panel
Leading deal makers will participate
in a candid discussion on the current
investment environment and what is
needed to succeed in this asset class:
“Investors who think they
can invest in communities
without first having a
constructive dialog with
the relevant constituencies
do so at their own
peril. Collaborating and
engaging with the public
has become more important than ever.
This is especially true when it comes
to infrastructure that serves a public
need.”
- Marc Lipschultz
Global Head of Infrastructure,
Kohlberg Kravis Roberts & Co.
Sneak PeEk to
key speaking points
Panel
Lessons Learned from the First 8 Months of the
Obama Administration
“From the stimulus bill to the focus on high speed
rail, the Obama Administration has signalled a
dramatically different course for transportation
policy in the coming years, a course that will have
significant ramifications for infrastructure investors.
The stimulus debate refocused the public’s
attention on the need for infrastructure investment,
which far exceeds the limited funding available in
the stimulus bill. The White House and Congress are about to
engage in a vigorous conversation on how to meet the current
infrastructure funding gap.”
- D.J. Gribbin
Managing Director
Macquarie Capital (USA) Inc.
Workshop B
Fund Terms & Conditions
“The most successful infrastructure investment
funds make “alignment of interests” a core
principal.”
- Jim Furnivall
Managing Partner,
Alterna Capital Partners
REGISTER TODAY |
Visit: www.peimedia.com/infrany09
Or call: 1 212 633 2905
Panel
Going forward, will equity
be scarcer than debt?
“With $170 billion in
projected State budget
deficits and challenging
capital markets, U.S.
municipalities may elect
to use seller financing
and receive payments
over time (rather than all
upfront) in structuring new public-private
partnerships.”
- Robert K. Collins
Managing Director
Greenhill & Co.

Who Should attend:
All those involved in investing in and deploying
infrastructure funds, including:
• General partners
• Institutional investors
• Law firms
• Asset
Managers with
an infrastructure
fund
• Investment
banks
• Risk advisory
firms
• Financial
advisors
• Consultants
• Project financiers
• Infrastructure
asset owners
• Banks
• Family offices
• Municipal
administrator
Sample LIST OF COMPANIES at 2008
infrastructure investor forum:
3i • Actis • AEA Investors LLC • AEI • African Finance Corporation
• AIG Capital Partners, Inc. • AIG Highstar Capital • Alfa Capital
Partners Ltd • Alinda Capital Partners LLC • Alter Domus • Alterna
Capital Partners • Altus Capital Partners, Inc. • Amalgamated
Bank • Apache Corporation • Arcapita Ascendas Land (S) Pte Ltd
• Austin Capital Management • Avista Capital Partners • Babcock
& Brown Infrastructure Fund North America • Banco Real S.A. •
C.P. Eaton Partners, LLC • Caledon Capital Management • CAM
Private Equity • Campbell Lutyens & Co • Capital Innovations, LLC
• Chicago PABF • Citi Infrastructure Investors • CN Investment
Division • Collins Stewart LLC • Conari Partners • Conduit
Capital Partners, LLC • CPP Investment Board • Credit Suisse
• Cube Infrastructure Fund • CVC Capital Partners • Deutche
Bank • DIF Management BV • DIF Renewable Energy • Dow
Employees Pension Plan • Duff & Phelps Investment Management
• Edgemoor Real Estate Services • Egon Zehnder International •
EMP Global LLC • First Reserve Corporation • Franklin Templeton
Real Estate Advisors • Freetel Capital • Gauteng Project Office •
Global Infrastructure Partners • Golden Rule Advisor • Goldman
Sachs & Co • Hastings Funds Management (USA) Inc. • Hirco
Group • IFC • Impax Asset Management Ltd. • Industry Funds
Management • Inroads Global Infrastructure Fund • Jeffrey
Slocum & Associates, Inc. • Jennison Associates LLC • JP Morgan
Asset Management • JT Partners LLC • Kirkland & Ellis LLP •
Koger USA • Kohlberg Kravis Roberts & Co. • Latham & Watkins
• Lazard & Co • Lehman Brothers • Luminar Finance Ltd •
Macquarie Infrastructure Partners Inc. • Manekin • Marsh • Meketa
Investment Group • Meridiam Infrastructure Fund • Meridian
Realty Investments, LLC • Merrill Lynch • Milbank, Tweed, Hadley
& McCloy LLP • Morgan Lewis & Bockius LLP • Morgan Stanley
Infrastructure • NATIXIS Environnement & Infrastructures • New
York State Common Retirement Fund • Next Parking, LLC • NYC
Department of Design & Construction • Ocroma Private Equity •
Office of the Secretary of Transportation • Oliver Wyman • Oxera
• Pantheon Ventures • PERC • PricewaterhouseCoopers • QIC •
Quantum Energy Partners • Quilvest Group • RBC Capital Markets
Resnick Associates • RICS Americas • Riverstone LLC • RREEF
Infrastructure • Siraj Capital, Ltd • Sousou Partners • Stable
Capital Advisors • Standard & Poor’s • Standard Chartered IL&FS
Asia Infrastructure Growth Fund • Suva - Swiss National Accident
Insurance Institution • SVG Advisers • T&D Asset Management
(USA) Inc. • The Blackstone Group • The Carlyle Group • Tortoise
Capital Advisors LLC • UBS Global Asset Management • UBS
Investment Bank • Vinson & Elkins LLP • Wasserstein & Co. •
Wood Creek Capital Management • Wurts & Associates

The following are the results from a
recent survey by PEI Conferences. To
see the real-time results of this survey
and additional surveys, go to
www.peimedia.com/infrany09
At the Infrastructure Investor magazine launch
breakfast last week both former Florida Governor
Jeb Bush and Carl McCall of the New York State Asset
Maximization Commission agreed: Infrastructure
investors should for now focus more on developing
capacity via greenfield developments, as they are less
burdened with political issues. Do you agree?
No 45%
Yes
55%
0% 10% 20% 30% 40% 50% 60%
Additional comments from respondents:
• Complete nonsense. We are losing valuable greenfield areas all over the world
at an astonishing rate while brownfields lie idle. It is the lack of will to resolve
political issues, which in most cases in quite easily done. The tools are there.
• The challenge will be how to convince investors to take the construction risk.
• A third choice would be best - “it depends”. Greenfield infrastructure projects
typically require government cooperation in ways that can’t be achieved
without some manner of government commitment to these projects, even if
this is in the form of granted monopolies (regulated), concession agreements
or regulation (such as emission regulation). Each infrastructure project is
unique in certain aspects. So, the level of development activity appropriate for
infrastructure investors will depend on the level of government willingness to
create the appropriate structure for private greenfield projects.

Special Pricing to Assure Key Stakeholders are Present
Institutional Investors attend for free:
Institutional investors and limited partners from foundations, endowments and public and private pension funds will
receive a complimentary pass to attend this event.
Excludes fund of funds. Promo codes cannot be applied to existing registrations. Please do not make any travel
arrangements until we have confirmed your eligibility. To take advantage of this free registration, register online and
use the promo code*: infrany_lpb.
Government attendees receive a 75% discount:
Current full-time employees of US federal, state or local government agencies
and current full-time employees of international government agencies will receive
a 75% discount off of the prevailing rate. Government contractors are not eligible
for the Government rate. To take advantage of the government rate, register
online and use the promo code*: infra_gov.
*(Promo codes cannot be applied to existing registrations and cannot be
combined. All promo code registrations will be reviewed to assure that entrance
parameters are met. )
Important
Deadline
Early biRd
expires
September 4

ISSUE 3 / JUNE 2009 / www.InfrastructureInvestor.com
Forthcoming
Events
The Private Equity International
India Forum 2009
07-08 Oct, 2009
Mumbai
The PERE Real Estate CFOs Forum
07-08 Oct, 2009
New York
The Private Equity International
CFOs and COOs Forum
15-16 Oct, 2009
London
The Emerging Markets Private
Equity Forum 2009
03-04 Nov, 2009
London
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PRIVATE EQUITY INTERNATIONAL
Private Equity International (PEI) is one of the most respected
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PEI provides substantive articles on the technical issues and
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The PERE Forum: New York
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23-24 Nov, 2009
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For the latest information about these
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T H E G L O B A L M AG A Z I N E F O R I N F R A S T RU C T U R E F I NA N C E A N D I N V E S T M E N T
InfrastructureInvestor
$10 billion to
keep things moving
What Bernard Sheahan, the man
in charge of the IFC’s new crisis
fund, can do for your project
Investigation: why did the Midway
deal not work?
Institutions: CalPERS readies billions
for infrastructure
Vattenfall’s auction: German power
grids for sale
China: plenty to play for despite
the slowdown
Careers: infrastructure pros are
fleeing Wall Street
US PPP: the lessons from Spitzer’s
failed lottery lease
INFRASTRUCTURE INVESTOR
Delivers substantive commentary and guidance on
all aspects of operational best practice for the private equity
and venture firm.
www.infrastructureinvestor.com
Infrastructure Connect
Infrastructure Connect is the definitive online
database tracking investors in infrastructure
funds worldwide. Industry specific, Infrastructure
Connect has over 500 infrastructure investors to
help facilitate your access to capital. Infrastructure
Connect gives you the competitive edge in the
race to win funds. www.infrastructureconnect.com
InfrastructureInvestor.com
An insider’s view on the fastest growing
sector of the financial market
New from PEI Media, infrastructureinvestor.com is
the premier destination for news about fundraising,
people moves, industry developments and deals in
a burgeoning asset class.
Visit www.peimedia.com for more information on product listings

1. REGISTRATION - INfRASTRUCTURE INvESTOR - NEW YORk
Delegate 1
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Company Name:__________________________________________________________________________________________________________
Address:________________________________________________________________________________________________________________ HOTEL DETAILS
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Tel:_____________________________ Fax:________________________ Email:_____________________________________________ New York Marriott Downtown
85 West Street
New York, NY 10006 USA
Phone: +1 212-385-4900 or +1 800 242 8685
Website: www.nymarriottdowntown.com
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Email:
Telephone:
Fax: Send completed registration form to: +1 212 633 2904
Mail:
Simply e-mail your request for a place at the conference together with your preferred
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Call Nicole Waldorf on:
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Return completed registration form to:
Registrations, PEI Conferences
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Please use this form as our request for payment. All registrations must be PAID IN FULL prior to the event.
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EARLYBIRD DISCOUNT
Received before Friday, Aug 28, 2009
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REGULAR PRICE
Received after Friday, Aug 28, 2009
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Book by Sept 7, 2009 to receive
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A private equity international conference