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BRIDGEPOINT DEVELOPMENT CAPITAL
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Global Economic Insight
• Meet 200+ LPs in one single
location at one time
• Uncover the investment
plans & expectations of
hundreds of European &
global investors
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networking for invaluable
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Why LPs Should Attend
• Meet and compare your
expectations & experience
with fellow LPs
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The Fundraising Summit
• Learn the investment
plans of 20+ LPs
• Hear the results of 2 new surveys
into LPs' & GPs' fundraising
plans
• Benefit from a masterclass in
investor relations
The Secondaries Summit
Hear from all the market
leaders on this hot sector
including: Coller Capital, Alpinvest
Partners, HarbourVest Partners,
Pantheon Ventures & PEFOX
Sponsored by
Westin Hotel, Paris
Fundraising Summit:
16 November 2010
Secondaries Summit:
16 November 2010
Main Conference:
17-19 November 2010
www.icbi-superinvestor.com
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BRAND
NEW
Back by
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Principal European Law
Firm Sponsor
Stefan Hepp
Founder & CEO
SCM STRATEGIC
CAPITAL
MANAGEMENT
Kathleen Bacon
Managing Director
HARBOURVEST
Guy Hands
Chairman & CIO
TERRA FIRMA
Kurt Björklund
Co-Managing Partner
PERMIRA
Jeremy Coller
CIO
COLLER CAPITAL
Wim Borgdorff
Managing Partner
Head of Fund
Investments
ALPINVEST
PARTNERS
Pierre Fortier
Vice-President,
Partnerships and
Syndication Private
Equity,
CAISSE DE DÉPÔT
ET PLACEMENT DU
QUÉBEC
Gather Insights From Brilliant Minds
Co-Sponsors:
Dominique
Senequier
CEO
AXA PRIVATE
EQUITY
John Singer
Chairman
ADVENT
INTERNATIONAL
EUROPE
Michael Queen
Chief Executive
3I GROUP
Christophe Bavière
Managing Partner,
IDINVEST
PARTNERS
Christopher Hunter
Managing Director
CAMBRIDGE
ASSOCIATES
Sanjay Patel
Head of International
Private Equity
APOLLO
MANAGEMENT
Roberto Quarta
Chairman Europe &
Operating Partner
CLAYTON DUBILIER
& RICE
Nikos Stathopoulos
Managing Partner
BC PARTNERS
Charles Baillie
Global Co-Head
Alternative
Investments &
Manager Selection
GOLDMAN SACHS
Urs Wietlisbach
Partner & Executive
Vice Chairman
PARTNERS GROUP
Greg Brenneman
Chairman
CCMP CAPITAL
Jon Moulton
Chairman
BETTER CAPITAL
Richard Wilson
Senior Partner
APAX PARTNERS
Chair
EVCA
Associate Sponsors:
BRILLIANT RENOWNED
ECONOMIST
Roger Bootle
Founder & Managing Director,
CAPITAL ECONOMICS
Author
THE TROUBLE WITH MARKETS
Global Credit Market Guru
WORLD NO.1 CREDIT GURU
Ed Altman
Max L Heine Professor of Finance
NYU STERN SCHOOL
OF BUSINESS
Private Equity & LP/GP
Relations Expert
PRIVATE EQUITY AND
INSTITUTIONAL INVESTMENT
WORLD GURU
Josh Lerner
Jacob H Schiff Professor of
Investment Banking
HARVARD BUSINESS SCHOOL
Insights from 90+
LP Speakers
The Wellcome Trust
Feri Institutional
Advisors
Keyhaven Capital
Partners
PPM Managers
FHP
Metlife Investments
Pinebridge Investments
OMERS Capital Partners
Towers Watson
Unigestion
Morgan Stanley
Alternative Investment
Partners
QIC
Alpha Associates
Goldman Sachs
Northwestern Mutual
Capital
Darby Overseas
Clearsight Investments
Askar Capital
National Pension
Reserve Fund
Credit Suisse Private
Equity
British Airways Pension
Investment Management
Fondinvest Capital
SCM Strategic Capital
Management
Access Capital Partners
Hamilton Lane
SL Capital Partners
BP Pension Fund
The Investment Fund For
Foundations
DB Private Equity
Cambridge Associates
CPP Investment Board
Rho Fund Investors
Capital Dynamics
Altius Associates
Squadron Capital
Partners
Axiom Asia
Skandia Life
Advanced Capital Group
Graphite Capital
Management
Adveq Management
Parish Capital Advisors
Europe
SVB Capital
Alpinvest Partners
HarbourVest Partners
Capvent
Caisse de dépôt et
placement du Québec
CDC Group
Allstate Investments
Pantheon Ventures
Adams Capital Partners
Abbott Capital
Management
BMP
Arcano Capital
Danske Private Equity
Auda Investment
Managers
Commenda
Wilshire Private
Markets Group
Drum Capital
Alliance Trust Equity
Partners
Adams Capital Partners
USS
Idinvest Partners
GE Asset Management
Caisse des dépôts et
consignations
BAML Capital Access
Funds
Akina Partners
Quilvest Private Equity
PCGI
The Kaiser Family
Foundation
European Investment
Fund
Jade Invest
AXA Private Equity
LGT Capital Partners
Hermes Fund Managers
Alpinvest Partners
SWIP
ATP Private Equity
Partners

16 November 2010
The Fundraising Summit
09.20 Coffee & Registration
09.50
Opening Remarks From The Chair
Guy Fraser-Sampson, Author, PRIVATE EQUITY AS AN
ASSET CLASS & A MULTI-ASSET CLASS
INVESTMENT STRATEGY
Guy Fraser-Sampson has over twenty years’ experience of the Private
Equity industry, including as Investment Controller with the Abu Dhabi
Investment Authority and subsequently as a Managing Director with
Horsley Bridge Partners. He has since gained equal prominence as an academic,
teaching students at Cass Business School.
09.55
LAUNCH OF NEW SURVEY DATA
Quantifying The Scale And Scope Of The Fundraising
Deluge – Analysing The Volume Of Capital And Number Of
Funds Coming To Market in 2011-2013
Simon Thornton, Managing Director, PEARONLINE
Simon founded PEARonline in 2005 to provide private equity GPs and
placement agents with a solution to web-based communication with LPs
for fundraising and fund reporting. From 1999 to 2004, Simon headed
Landmark Partners’ European operations, and was responsible for investor
relations and fundraising in Europe and the Middle East as well as sourcing
European acquisition opportunities.
10.15
LAUNCH OF NEW SURVEY DATA
What Does The Past Year Show About LPs’ Key Concerns,
Overall Fundraising And The Distribution Of Funds
Between Mega Buy Outs And Others?
Kelly Deponte, Partner, PROBITAS PARTNERS
Kelly has 29 years of industry experience and is responsible for Probitas
Partners' research. Prior to joining Probitas Partners, Kelly was Chief
Operating Officer and Managing Director at Pacific Corporate Group (“PCG”),
a leading provider of alternative investment advisory, management and
consulting services. Kelly oversaw the partnership investment program, which
comprised more than $20 billion in capital dedicated globally to private equity.
10.35
Will There Be Sufficient Liquidity For LPs To Invest In The
Next Generation Of Funds? Examining Investors’ Capacity
To Supply Capital Given A Lack Of Distributions
Moderator: Guy Fraser-Sampson, Author,
PRIVATE EQUITY AS AN ASSET CLASS & A MULTI-ASSET CLASS
INVESTMENT STRATEGY
Kelly Deponte, Partner, PROBITAS PARTNERS
For biography please see above.
Simon Thornton, Managing Director, PEARONLINE
For biography please see above.
Lionel Bergeron, Principal, QUILVEST PRIVATE EQUITY
Lionel has 11 years of private equity experience combining direct and fund investments.
Listed on the Luxembourg Stock Exchange, Quilvest is a global institution with more than
$10 billion of assets under management with wealth management and private equity
businesses. It is a global private equity investor active in both private equity funds and
private companies in the Americas, Europe and Asia.
Christopher Bödtker, Managing Partner, AKINA PARTNERS
Christopher Bödtker founded Akina Partners in 1998, a firm which invests primarily in the
European middle market. Based in Zurich, Akina Ltd. became fully independent when a
management-led buyout was completed in May 2010. Previously, Akina was LODH
Private Equity and was a member of the Lombard Odier Group.
11.00 Morning Coffee
11.35
Where Do Institutions Wish To Be In 2012/2013 In Terms Of
Their Allocation Target And How Does This Compare To
Their Current Position?
Gail Guerin, Partner, GUERIN ASSOCIATES
Gail Guerin is a marketing and fundraising specialist, the founder of Guerin Associates, and
the co-founder of Talamore Group. Ms Guerin created both firms to capitalise on her years of
experience positioning and marketing private equity strategies globally. Previously, she was a
Senior Partner and Director of Marketing and Investor Relations for Baring Private Equity
Partners, London.
11.55
END INVESTORS’ PLANS
To What Extent Will LPs Stop Re-Upping With Their
Existing GPs? How Will LPs Refresh Their Portfolio And
Reduce The Number Of GP Relationships?
Moderator: Michael Russell, Partner & Head of
Europe/EMEA, ALTIUS ASSOCIATES
Altius advises and manages approximately €14 billion in the asset class
through fund-of-funds vehicles as well as separate account portfolios for large
institutional investors. Michael Russell is a senior partner with overall
responsibility for investments and operations in the EMEA region. He has 17
years of private equity experience involving more than 25 separate account portfolios in
Europe, the US and Australia. Michael serves as a member of the Professional Standards
Committee of the EVCA (European Private Equity and Venture Capital Association) and, more
recently, as Chairman of the EVCA's Investor Relations Committee.
David Lindstrom, Managing Director
METLIFE INVESTMENTS
Based in London, David Lindstrom leads MetLife’s non-US private equity
activities and European below investment grade fixed income investment
activities. He initially joined MetLife’s US private equity investment unit in
1996. In 1998, he moved to London and joined MetLife Investment
Limited, the UK investment advisor to MetLife.
Raymond Abbott, Managing Director
ALLIANCE TRUST EQUITY PARTNERS
Raymond Abbott is Head of Private Equity for Alliance Trust. Raymond moved
into private equity in 1991 with Friends, Ivory & Sime. After building up a
portfolio of venture investments with British Linen Bank in 1999 he then
founded Albany Venture Managers in 2000. Alliance Trust acquired Albany
Ventures in 2006 and Raymond is now implementing a long term private equity investment
program for the Trust.
Mark Boyle, Director Private Equity Funds
NORTHWESTERN MUTUAL CAPITAL
Mark C. Boyle, CFA, is a Vice President of Northwestern Mutual Capital Ltd
and has been located in the company’s London offices since early 2007.
Northwestern Mutual Capital Ltd is a subsidiary of US based Northwestern
Mutual Life Insurance, with over $145 billion in assets. Mr Boyle has been
involved in Northwestern Mutual’s investment business for 30 years and is a
member of Northwestern Mutual’s private debt and equity group where he focuses on
private equity and mezzanine investments.
Anselm Adams, Chair, ADAMS CAPITAL PARTNERS
Anselm is the Managing Director of family office Adams Capital Partners, a
member of ILPA, and advisor through Private Equity Capital Advisers Limited
of a fund managing over US$ 100 M in private equity assets: fund-of-funds,
funds and direct investments. He has more than 18 years’ experience in
private equity, venture capital and investment banking. Anselm has worked
at Schroders, Merrill Lynch and Goldman Sachs.
12.35
Quick Fire Showcase – Do You Have Fundraising Talent?
This is your opportunity to showcase the unique and compelling features of
your own fund, in just 90 seconds. Can you present your fund in a
compelling, yet light-hearted way, using no statistics or numbers, to an
audience of LPs and potential investors? And how will you be judged by your
peers and a presentations expert? Those wishing to take part should register
and apply quickly as places are awarded on a first-come first-served basis.
Led by Presentations Expert:
Benjamin Ball, Director, BENJAMIN BALL ASSOCIATES
Benjamin Ball spends his time helping management teams win pitches and
communicate effectively in investor presentations. Recently he has run sessions
for senior management at Coller Capital, Linklaters, BNP Paribas, & Doughty
Hanson amongst others. He has helped them with speeches, presentation
performance and pitch winning workshops. Previously, Ben ran the training
business of Bladonmore; was a corporate financier at Durlacher and the director of strategy at
Cable and Wireless.
13.00 Lunch
14.30
LP STRATEGY
Assessing The Fundraising Environment – What Are The
Most Attractive Areas For LPs Over The Next 24 Months
And Why?
Moderator: Mark O’Hare,
Founder & Managing Director, PREQIN
Preqin is the alternative assets information service, which provides
extensive research and data on the global alternative assets industry,
covering private equity, private real estate, infrastructure and hedge funds.
Preqin has 63 staff based in London and New York, providing marketleading
online and hard copy data services to many of the world’s leading
institutional investors, money managers and advisors. Preqin tracks fund returns, fund
raising information, fund terms and conditions, profiles of the GPs running the funds, and
the LPs investing in them. Before Preqin, Mark’s initial career was as a Manager with
Boston Consulting Group.
Ralph Günther, Managing Partner, BMP
Ralph Günther is serving as the Head of Private Equity Advisory and Fundof-Funds
Management at bmp AG in Berlin. Since 1999 Ralph has also been
serving as member of the Executive Board of bmp AG. Bmp structures and
manages private equity investment programmes for institutional investors.
Ignacio Sarría, Partner & CEO, ARCANO CAPITAL
From 2002 to 2005 Ignacio Sarría served as Head of the M&A department
for Spain at Deutsche Bank. Before that, between 1996 and 2002 he worked
in the M&A department of Bankers Trust in Madrid and London. During his
investment banking career, he specialised in structuring buyout deals
involving top-tier private equity funds.
Christen Estrup, Director
NORDEA ALTERNATIVE INVESTMENTS
Mr Estrup has been working for Nordea since early 2008 responsible for
Nordea's Private Equity Fund of Funds programmes - part of Nordea Alternative
Investments. Mr Estrup has 10 years’ experience within private equity and
previously worked as Investment Director for Vaekstfonden, a Danish
government sponsored investment company, where he built the private equity fund
programme.
Rainer Ender, Managing Director, ADVEQ MANAGEMENT
Before joining Adveq in 2001, Rainer was an underwriter for alternative risk
transfer at Zurich Reinsurance Company. From 1997 to 2000 he was a
manager in the Financial Risk Management Practice at Arthur Andersen. In
addition, Rainer served for several years on the Board of DTS, a regulated
derivatives trader in Switzerland.
15.10
Who Is Investing And Who Is Not? Understanding Which
LPs Have Money To Spend, And Changes To Their
Investment Strategies And Criteria
Uwe Fleischhauer, Managing Partner
FLEISCHHAUER, HOYER & PARTNER
Since it’s founding in 1996, Fleischhauer, Hoyer & Partner Private Equity
Consultants (FHP) has been processing exclusively advisory and consulting
projects around the private equity asset class as well as infrastructure and real
estate private equity. Moreover, FHP is one of Germany’s most respected
independent research bodies and publishes on a regular basis market surveys
and studies on current topics in private equity. Uwe Fleischhauer advises institutional
investors and corporate clients on their asset allocation and investment strategy.
15.30
GP STRATEGY
What Should GPs Be Doing Now To Appeal To Investors?
What Are LPs Really Looking For And How Can GPs
Differentiate Themselves?
Moderator: Armando D'Amico, Managing Partner
ACANTHUS
Acanthus Advisers is an independent private equity advisory firm providing
fund placement and corporate finance advisory services. Armando has more
than 25 years' experience in private equity, banking and strategy consulting.
Since establishing Acanthus in 1998, Armando has advised general partners,
limited partners and financial institutions from across Europe.
Jesper Knutsson, Senior Investment Manager
DANSKE PRIVATE EQUITY
Jesper is Senior Investment Manager at Danske Private Equity, which he joined
in 2006. Jesper has been involved in the due diligence on several funds in
Danske PEP III and Danske PEP IV, as well as being responsible for fundraising.
He has 18 years of experience in private equity and investment banking.
Philippe Roesch
Managing Director, Head of Private Equity Europe
AUDA INVESTMENT MANAGERS
Philippe Roesch is Head of Auda’s European private equity investment
activities, based in Bad Homburg / Frankfurt. He has 18 years of
international fund-of funds and direct investment experience. Prior to
joining Auda, he was Head of Private Equity at Harald Quandt Holding, where he was
responsible for the family’s global portfolio of private equity funds investments. He
started his career in fund-of-funds investing in the mid-1990s as a Senior Investment
Manager with Deutsche Beteiligungs-AG.
Rune Jepsen, Investment Manager, Global Private Equity
QIC
Rune joined QIC in May 2006. Before that, from 2001 to 2006, Rune was
part of the investment team at Danske Private Equity, a private equity
focussed fund-of-funds based in Copenhagen, Denmark. Danske Private
Equity manages EUR 1.7bn on behalf of mostly Nordic institutions, which
it invests through commitments to private equity funds in both North
America and Western Europe.
Craig Donaldson, Founding Partner, HG CAPITAL
Craig Donaldson leads the client services team. He sits on the firm’s
Executive Committee, Portfolio Review Committee and Valuation
Committee. Craig has over 20 years’ experience in advising institutional
investors on alternative asset management strategies.
Gurjeet Grewal, Investment Manager
THE WELLCOME TRUST
Gurjeet Grewal focuses on private equity, non directional hedge funds and
credit. Gurjeet also structured the Trust's bond issue in 2009 and has worked on
co-investments made into global education. Gurjeet joined the Trust three years
ago from Credit Suisse where he worked in leveraged finance origination.
16.20 Afternoon Refreshments
16.50
FUNDRAISING MASTERCLASS
Analysing Issues And Overcoming Challenges To Secure
Capital In Today’s Market
Blackberry Q&A with
Moderator: Paul Denning, CEO, DENNING & CO
Paul founded Denning & Co. in 2001 and has been involved in the
investment banking industry for 35 years, having served 7 years pro-bono
as Commissioner of the San Francisco Employees’ Retirement System. He
has published several industry publications including: “How to Sell
Restricted Securities, a Guide to Rule 144” and “Stock Distribution, a
Guide for Venture Capitalists”.
Laurent de Rosière, Investor Relations Partner
BC PARTNERS
Laurent de Rosière is a Partner based in London who joined BC Partners in
November 2009 from Citigroup where he spent four years, most recently as
Director in the Citi Alternatives Distribution Group, focusing on investor
relationships in Europe. Previous positions include: principal at Acanthus
Advisers and Assistant Vice President in the Alternative Investments Group at LCF Rothschild.
Annette Wilson, Managing Director Investor Relations
PALAMON CAPITAL PARTNERS
Annette Wilson joined Palamon Capital Partners in 1999 as the Firm’s
Founding Chief Financial Officer. Today she serves as Managing Director of
Investor Relations and Marketing. Mrs Wilson has extensive general and
financial management experience built up over her 25 year corporate
business career. Mrs Wilson is a member of the Investor Relations
Committee of the British Venture Capital Association.
Julian Knott, Partner & Head Investor Relations,
COGNETAS
Julian joined Cognetas as an investment professional in 1987 and is now
responsible for Investor Relations. Previously Julian had a ten year career in
banking ending up as a Vice President in the leverage buy-out group at
Citibank. Julian is a member of the Investor Relations Committee of the
British Venture Capital Association.
Mads Ryum Larsen, Partner, INDUSTRI KAPITAL
Mads Ryum Larsen is a member of the Executive Committee and the
Head of Investor Relations at IK Investment Partners. He is a member of
the board of Directors of Superfos. IK Investment Partners (formerly known
as Industri Kapital) is a European private equity firm with Nordic roots,
managing €5.7 billion in fund commitments.
17.25
FUTURE SOURCES OF CAPITAL
Where Is Investment Money Going To Come From In
Future And How Will The Demands Of These New LPs Be
Met? Overcoming The Challenge Of Successfully Finding
Long-Term Sources Of Renewable Capital
Moderator: Mounir Guen, CEO, MVISION
Mounir Guen founded MVision in 2001. He is a veteran fundraising specialist,
advisor and manager with 22 years of experience in the industry and has led
the development of MVision to the point where it is now the world’s leading
independent international private equity placement agent. Mounir has been
selected as one of the top 50 most influential personalities in Private Equity
in Europe, and currently chairs the EVCA Placement Task Force as well as
serving on the EVCA Investor Relations Committee and on the EVCJ Editorial Board. He
also served on the EVCA European Valuation Committee to establish policy currently in use.
He also lectures for the MBA Masterclass in Private Equity at the London Business School.
Arnaud Lipkowicz, Partner, CREDIT SUISSE PRIVATE EQUITY
Arnaud Lipkowicz is a Partner in the London office of the Customized Fund Investment Group,
Credit Suisse's private equity fund of funds' and separate accounts' manager with
approximately $25 billion in assets under management. Previously, Arnaud was a Vice
President - Director of Investments for the LCF Rothschild Group in London where he cofounded
and developed a European third-party Private Equity business.
Robert Tomei, CEO & Founder
ADVANCED CAPITAL GROUP
Robert Tomei is responsible for the approval of every Group investment, for
evaluation and investments in venture capital, private equity, secondary and
debt strategy partnerships. Some of his investments include partnerships such
as NEA, ACCEL, Blackstone, BC Partners, Whitney, Summit, TPG, Bain,
Cerberus and Matlin Patterson. Mr Tomei is a member of the CFA Institute and
of the AIFI institutional investor board, he is also Chairman of the Investment Committee of
the Peggy Guggenheim Foundation and member of the Young Presidents' Organization.
Rob Barr, Partner, PANTHEON VENTURES
Rob Barr joined Pantheon Ventures in 2005 and has 9 years of private
equity experience. Rob directs business development and client service
activities in Europe and the Middle East. Before joining Pantheon, Rob
spent six years at Deutsche Asset Management, latterly as a Director of
Client Relations. Prior to this, he spent four years working in private equity
for Morgan Grenfell Development Capital.
17.55
FUNDRAISING WINNERS & LOSERS
Who Will Win The Fundraising Game When The Floodgates
Open? Which Funds Will Be Oversubscribed And Which
Will Not Get Raised?
Moderator: Juan Delgado-Moreira, Managing Director
HAMILTON LANE
Juan works on Hamilton Lane’s Investment Team based in the London office,
where he oversees European operations and is responsible for due diligence of
investment opportunities in Europe. Prior to joining Hamilton Lane, Juan was an
investment associate at Baring Private Equity Partners. Previously, Juan held
senior research positions at institutions such as the University of Essex and was
a lecturer and Fulbright Scholar at Stanford University.
Laurent de Rosière, Investor Relations Partner, BC PARTNERS
For biography please see above.
Paul Bekx, Partner & Managing Director
GILDE BUY OUT PARTNERS
Paul Bekx came to Gilde early 2000, establishing their Paris office with a
primary focus on France and Belgium. He was heavily involved in the
fundraising for successive Gilde Buy-Out Funds on behalf of the
partnership, and has led or co-led various Gilde deals including Novasep,
Arovit, Betafence, Plastal and Armacell. Before that and from 1995, Paul
was a partner and investment director with HSBC Private Equity (now Montagu).
Gordon Hargraves, Partner, RHO FUND INVESTORS
Gordon Hargraves has been actively investing in private equity since 1993. He
has overall responsibility for Rho Fund Investors’ ("RFI") activities. Since 1981,
RFI has successfully committed to, and realised substantial returns from over
170 venture capital and specialised growth buyout funds worldwide. Prior to
joining Rho in 1999, Gordon was responsible for developing and managing the
private equity programme at the National Bank of Kuwait in New York.
Catherine Lewis La Torre, Partner, FONDINVEST CAPITAL
Fondinvest Capital is a leading European primary and secondary fund of
funds with €2 billion under management. Prior to Fondinvest, Catherine
was one of the founders of Proventure, a fund of funds specialised in
European mid-market investments. Before that, she worked in Italy as an
investment director for ABN AMRO Capital Investments and Sofipa.
Mounir Guen, CEO, MVISION
For biography, please see above.
18.45 Summit Drinks Reception - Open to Summit attendees only
19.30
Pre-conference End Investor-only Dinner
Verification and registration are required for those wishing to attend the End-Investor
Only Dinner. Please apply to Laura Griffin on lgriffin@icbi.co.uk.
2
W www.icbi-superinvestor.com • T +44 (0)207 017 7200 • F +44 (0)20 7017 7807 • E info@icbi.co.uk

16 November 2010
The Secondaries Summit
09.20 Coffee & Registration
09.50
Opening Remarks From The Chair
Brenlen Jinkens, Managing Director
COGENT PARTNERS EUROPE
Brenlen Jinkens is Managing Director of the firm’s London office and is
responsible for Cogent’s European strategy and business development. He
is also the Head of Research, Cogent’s fund monitoring and due diligence
arm. Prior to joining the firm, Mr Jinkens was an Executive Director of
Lehman Brothers Europe, where he covered financial services technology
businesses in the UK, Germany and Scandinavia. Mr Jinkens also started an online
financial services business, and worked for five years in the financial services practice of
McKinsey & Company in Paris and London. He has nearly 20 years of experience
advising financial services companies and other entities.
09.55
State Of The Union Address
What Happened To The Wall Of Secondaries? Reviewing
The Critical Economy And Currency Issues Impacting The
Secondaries Market, A Market Awash With Funds, And The
Deals Done In 2010
Mark O’Hare, Managing Director, PREQIN
For biography, please see page 2.
10.20
MARKET DYNAMICS
How Core Is Private Equity To Banks And Other Financial
Institutions And To What Extent Will These Assets Flow
Onto The Secondaries Market? Analysing The Current
Dynamics Of The Secondaries Market - Supply, Demand
And Pricing
Moderator:
Wouter Moerel, Partner
ALPINVEST PARTNERS
Wouter Moerel heads AlpInvest Partners' European Secondaries
investment team. Prior to AlpInvest, Mr Moerel worked as a Principal
within the European buy-out fund of The Carlyle Group out of its London
office, focusing on investments in the telecom & media sector.
Previously, Mr Moerel worked in corporate finance divisions of JP Morgan Chase and
Lehman Brothers in London.
Mark Burch, Managing Partner, ARCIS CAPITAL
Mark Burch is the London based Managing Partner of ARCIS Group. Prior
to working with ARCIS, Mark was at ING Barings first in Investment
Banking, where between 1998 and 1999 he was Head of the European
Corporate Finance Group, and then subsequently as Head of a newly
established Private Equity Group until 2001. He first joined Barings in 1988
from Kleinwort Benson where he was a corporate financier from 1983
onwards. Founded in 1993 ARCIS Group advises €750 million of funds invested
exclusively in private equity secondaries.
Oliver Gardey, Partner, POMONA CAPITAL
Oliver joined Pomona Capital in 2009 and heads Pomona’s European
operations. He has 15 years of private equity experience. Prior to joining
Pomona, Oliver was a Partner at Adams Street Partners responsible for the
European secondaries business and business development. He gained
extensive private equity experience at NM Rothschild, JH Whitney and
Smedvig Capital. Oliver managed and led the buyout of ISE, a leading
manufacturer in the aircraft interior equipment sector.
Valérie Handal, Vice President
HARBOURVEST PARTNERS
Valérie Handal joined HarbourVest’s London-based subsidiary in 2006 and
focuses on originating and executing secondary investments, primarily in
Europe. Valérie has led a range of European secondary transactions and
currently serves on the advisory boards of several funds, including those
managed by Encore Ventures, Forbion Capital Partners, and RBS Asset
Management. Valérie joined the Firm from Merrill Lynch’s Private Equity Group in
London, where she served as a vice president.
Greg Holden, Partner
ADAMS STREET PARTNERS
Greg is a Partner who primarily specialises in the sourcing and execution of
secondary investments. He actively participates in all fund investment
decisions at Adams Street. Prior to joining Adams Street Partners, Greg was
with Coller Capital where he worked as a secondary investment manager
responsible for the analysis, due diligence, negotiation and execution of
secondary transactions of both limited partner fund positions and direct asset portfolios.
Previously, he worked with Donaldson, Lufkin & Jenrette and Credit Suisse First Boston in
New York as a corporate finance associate. Greg is a Certified Public Accountant and a
member of the Adams Street Partners Secondary Partnership Sub-Committee.
11.00
PRICING
Pricing In The Secondaries Market And The Discounts To
NAV – Where Did This End Up In 2010 And Where Is It
Going In 2011 And 2012?
Moderator: Nigel Dawn, Managing Director
UBS INVESTMENT BANK
Nigel Dawn is Global Co-Head of the Private Funds Group in New York. He
heads up the secondary market advisory team having established the
secondary market advisory team in 2004 and has advised on over $15
billion of secondary transactions. Clients have included leading US public
investors, university endowments, banks, insurance companies, hedge
funds and leading private equity general partners. He joined the firm in 1997 within the
fixed income area before taking responsibility for making direct equity investments to
support the strategic aims of UBS Investment Bank business areas as part of the e-
commerce function. Most recently, he was head of UBS Investment Bank’s third-party
private equity funds team. As part of this role, Nigel structured and executed a $1.3
billion joint venture between UBS and HarbourVest Partners, Tresser, L.P., and reduced
private equity exposure by selling third-party funds.
Timothy Jones
Partner & Deputy CIO
COLLER CAPITAL
Tim has overall responsibility for the firm’s origination activities and is
Deputy CIO. Before joining Coller Capital in 2000, Tim was Global Head of
ScotiaMocatta, a division of ScotiaBank, involved in: structured and
leverage finance, sovereign debt, resource banking and derivatives, with a
focus on emerging markets. Before this, he was Chief Executive of Mocatta Group, a
global division of Standard Chartered Bank. He led the sale of the business to ScotiaBank
in 1997. Prior to this, Tim spent fifteen years with Standard Chartered, primarily in
Singapore, New York, and London. He is currently on the advisory committees of 3i, ABS
Ventures, Deutsche Bank Special Opportunities Fund, Deutsche Equity Partners, RBS
Special Opportunities Fund, Shell Technology Ventures, Washington & Congress, DFJ
Esprit II, Pearl Diver Capital and Euro Atlantis.
Carlo Pirzio-Biroli
Managing Director
DB PRIVATE EQUITY
Based in London, Carlo Pirzio-Biroli is a Managing Director at DB Private
Equity responsible for the investing and distribution activities of the
Secondary Opportunities Funds. Carlo co-founded the DB Secondary Team
in 2006 after participating in a senior role in the €6 billion restructuring of
DB’s proprietary private equity portfolio in 2002-06. Prior to joining Deutsche Bank, Carlo
was the CEO of CDB Web Tech SpA, a €400 million publicly listed venture fund of funds;
lead cross-business operational improvement projects as an Executive in Corporate
Initiatives at General Electric Corp. in Fairfield (CT); and advised Fortune 500 clients as
consultant at The Boston Consulting Group in New York.
Gabriel Möllerberg, Executive Director
GOLDMAN SACHS
Gabriel Möllerberg is an Executive Director in the Alternative Investments
& Manager Selection (AIMS) Group, based in London, where he is a
member of the investment team for the Private Equity Group focusing on
secondary investment opportunities in Europe. Prior to joining the Private
Equity Group, Mr Möllerberg worked in the Investment Banking Division in
London. He joined Goldman Sachs in 2000.
Pål Ristvedt, Partner
LEXINGTON PARTNERS
Pål Ristvedt is based in Lexington Partners’ London office where he is
responsible for Lexington’s secondary activities outside the United States
and leading a team focused on the sourcing, valuation and negotiation of
secondary purchases of non-US buyout, venture and mezzanine private
equity partnerships.
11.40 Morning Coffee
12.05
A SECONDARIES EXCHANGE
The Future Of A Secondaries Exchange And Its Impact –
Assessing The Transaction Volume Of This New Trading
Platform And How Will It Develop?
Kishore Kansal, Managing Partner, PE FOX
The London Private Equity Futures and Options Exchange (“PEFOX”) is a
pioneering marketplace that offers its members the ability to negotiate and
enter into derivatives on private equity fund interests. Investors are able to
utilise derivatives as portfolio management tools to actively shape and
rebalance their exposure to private equity. Kishore was employed
previously as key member of the fund placement team of Campbell
Lutyens where he was responsible for GP and LP coverage.
12.25
LPS’ APPETITE
Understanding The Appetite For LPs Currently Investing In
Secondaries – To What Extent And How Will They Continue
To Invest, And What Can Providers Do To Help?
Moderator: Michael Murphy, Managing Director
CREDIT SUISSE
Michael Murphy works in the Private Fund Group, based in London. He joined Credit
Suisse First Boston in November 2000 when the firm merged with Donaldson, Lufkin &
Jenrette where he was an Associate in DLJ's Private Fund Group. He joined DLJ from
the Chart Group LP. Prior to that, he worked at Salomon Smith Barney in Healthcare
Investment Banking.
John MacLean, Partner
ALTIUS ASSOCIATES
Part of the Investment Team, John MacLean is extensively involved in
reviewing investment opportunities in Europe and South Africa relating to
buyout strategies, venture capital, secondaries and co-investments. He is
responsible for investment relationships with numerous general partners in
Europe and serves on Altius’ Investment Selection Committee. He joined
Altius in 2001, and has 9 years of private equity experience.
Simon Moss, Principal, HERMES PRIVATE EQUITY
Simon is responsible for all manager relationships in Europe and for coordinating the
analysis, due diligence and monitoring of all European investments. His previous
experience includes KPMG Consulting and ACE Insurance.
Speaker to be confirmed
PROSKAUER
End Investors
Geoffrey Geiger
Portfolio Manager
USS
Geoffrey Geiger joined the USS in 2007 as a senior member of the private
equity team with a focus on developing the private equity co-investment
programme. He focuses on sourcing, evaluating and monitoring coinvestment
opportunities for USS and also assists the private equity team
with manager selection and due diligence. In his role at USS, Geoffrey sits on a number
of advisory boards for private equity funds. Geoffrey has been working in private equity
for over ten years. Prior to USS, Geoffrey was with Klesch & Co in London for six years,
where he worked on a number of buyout and turnaround private equity transactions.
13.05 Lunch
Afternoon Chair
Marleen Groen, CEO, GREENPARK CAPITAL
Out of her nearly 25 years in the financial services industry, Marleen has
spent close to 15 years in the global private equity secondaries market.
Since the mid-90s, she has been at the forefront of secondary investing in
Europe where she has played a major role in pioneering innovative, highly
successful secondary transactions particularly in the mid-market. To date,
Marleen has been responsible for well over $1.5bn of secondaries
investments. In 2000 Marleen founded Greenpark Capital, a leading global mid-market
private equity secondaries investment firm based in London.
14.30
REGULATION
Examining the Critical US And European Regulatory And
Tax Changes Impacting The Secondaries Market Going
Forward – Opportunities Or Obstacles?
Nigel van Zyl, Partner, SJ BERWIN
Nigel van Zyl is a partner in SJ Berwin's international funds team, advising
fund managers and investors raising and investing in private funds across
the globe. Nigel also acts for a number of buyers and sellers of secondary
interests in private funds and advises on bespoke and innovative structures
to facilitate secondary transactions.
14.55
STRUCTURING
Structured Transactions: What New Structured
Transactions Have We Seen And How Do They Bridge The
Gap Between Buyer And Seller?
Andrew Sealey
Managing Partner
CAMPBELL LUTYENS
Andrew joined Campbell Lutyens in 1990 and became the Managing
Partner in 2003. He also leads the firm’s financial advisory activities
which focus on secondary transactions and fund restructurings.
Previously he was responsible for developing the firm’s activities in
fund placement.
15.20
COMPETITION
Competition In The Secondaries Market – Are Holiday
Shoppers Here To Stay, What Is The Role Of Fund Of Funds
Relative To Primary And Secondary Investors And How Do
You Best Differentiate Yourself For Successful Fundraising
Next Quarter?
Mike Custar
Managing Director
CREDIT SUISSE
Mike Custar is a Managing Director of Credit Suisse in the Asset
Management division, based in New York. He is responsible for leading
Credit Suisse's secondary advisory business, where he advises both
private equity and hedge fund investors in selling limited partnership
interests, fund shares and direct equity investments in the secondary market. Mr Custar
joined Credit Suisse in May 2004 from PricewaterhouseCoopers (PwC), where he was a
Director in PwC's Transaction Services team, leading both financial and operational due
diligence for private equity clients.
15.45 Afternoon Refreshments
16.15
DIRECTS
Exploiting The Complicated Dynamics Of Directs And
Tail-Ends And How Fast This Market Will Grow
Moderator:
Thomas Liaudet, Principal
CAMPBELL LUTYENS
Thomas is a senior member of Campbell Lutyens’ secondary advisory
team. With over 11 years’ experience in the private equity and venture
capital markets, he has acted on behalf of a number of clients such as 3i
(LSE:III), Innovacom Gestion, General Electric (NYSE:GE), Access Capital Partners, DFJ
Esprit, TeliaSonera (STO:TLSN) and AEA Technology (LSE:AAT) for the sale and financing
of private equity portfolios.
Andrew Hawkins, Managing Partner
VISION CAPITAL
Vision Capital is an investment firm that mainly buys portfolios of
companies from private equity firms, financial institutions and corporations.
The firm pioneered portfolio acquisitions and continues to search for new
ways to realise the strategic objectives of vendor’s management teams
and investors. In February 2009, Vision Capital announced the final closing
of Vision Capital Partners VII LP (“VCP VII” or “the Fund”) at €680 million, almost double
the size of its last fund which closed in 2006.
Ken Sawyer
Managing Director
SAINTS CAPITAL
Ken Sawyer is founder of Saints, the largest global direct secondary firm in
the world. Saints, founded in 2000, focused on providing liquidity for
investors and founders of private companies and has acquired investments
in over 200 companies. Today, Saints manages over one billion dollars
which has been invested in companies in the technology, healthcare, consumer and
industrial industries. Mr Sawyer has been selected as a member of the Forbes Midas list
for the past few years, where he was recognised as one of the top 100 investors in
venture capital globally.
David Porter
Managing Partner
APPOSITE CAPITAL
David Porter has over 30 years' experience in private equity and investment
banking. Apposite Capital LLP is an investment firm exclusively focused on
healthcare. Apposite invests globally in private companies involved in life
sciences and healthcare services on a primary basis, as well as acquiring
and managing direct Healthcare assets in the secondary market. Prior to co-founding
Apposite in 2006, David worked on a number of large LBOs at Nomura's Principal
Finance Group.
16.50
FUTURE DEALS
Future Deals In 2011- 2014: What New Developments
Should The Market Expect?
Moderator:
Brenlen Jinkens
Managing Director
COGENT PARTNERS EUROPE
For biography please see above.
Charles Smith
Managing Director
DB PRIVATE EQUITY
Based in London, Charles Smith is responsible for the investing and
distribution activities of the Secondary Opportunities Funds. Charles
established the DB Secondary Team in 2006 having previously been the
Head of UK Corporate Investments responsible for the restructuring of the
Bank’s €6 billion proprietary private equity portfolio in the UK and US. From 1992 to
2003, Charles worked in mergers and acquisitions at Bankers Trust and Deutsche Bank in
London and New York, completing more than 30 transactions with an aggregate deal
value in excess of $15 billion across a wide range of industry sectors and geographies.
Most recently he was Co-head of the Technology Media and Telecoms practice area
within the M&A Group.
Joe Topley
Managing Director
PARISH CAPITAL ADVISORS EUROPE
Joe Topley leads the firm’s secondaries investment programme. Before
joining Parish Capital, Mr Topley established and ran the secondaries
investment programme for Nomura, based in London. Prior to that, Mr
Topley was a partner at Greenpark Capital, a secondaries firm based in
London, where he led over 30 transactions of different types in a variety of markets.
Before joining Greenpark, Mr Topley worked as a telecoms investment banker for Credit
Suisse, as a management consultant for the Coba Group and as a strategic planning
analyst for Sega, the Japanese videogames company.
Francesco di Valmarana
Principal
PANTHEON VENTURES
Francesco di Valmarana joined Pantheon Ventures in 2008 and has 12 years
of private equity experience. Francesco focuses on European secondary
private equity transactions. He was previously with Unigestion, the Swiss
alternative asset management firm, where he managed the firm’s global
secondaries programme. Prior to Unigestion he was a partner and co-founder of the
European venture capital firm DN Capital, having spent three years as part of the
European investment team at the global private equity firm Advent International.
Pierre-Antoine de Selancy
Founder
17 CAPITAL
Pierre-Antoine de Selancy has 16 years’ private equity experience, 12 of
which have been in the secondary market. Prior to founding 17Capital in
2008, he was a partner with AGF Private Equity, where he launched the
secondary practice and was also in charge of a number of primary
commitments. His previous experience includes Fondinvest Capital in Paris, Coller Capital
in London, and Paribas Affaires Industrielles in Paris and Hong Kong. 17Capital is the first
dedicated provider of mezzanine financing to limited partners and funds in private equity.
17.30 Summit Drinks Reception - Open to Summit attendees only
19.30
Pre-conference End Investor-only Dinner
Verification and registration are required for those wishing to attend the
End-Investor Only Dinner. Please apply to Laura Griffin on
lgriffin@icbi.co.uk.
W www.icbi-superinvestor.com • T +44 (0)207 017 7200 • F +44 (0)20 7017 7807 • E info@icbi.co.uk
3

4
Dear Colleague
SuperInvestor’s blue-chip private equity conference is the very best European event for LP/GP
relations and networking.
Not only will you benefit from the wisdom and insights of more than 220 leading international
speakers in one place at one time, at a crucial time for the industry, but you will enjoy a superlative and
unrivalled social agenda - guaranteeing you great business friendships and contacts.
Add to that an understanding from more than 90+ LP speakers of what they are looking for in the
coming months and years ahead, and the ability to network with more than 650 of your colleagues,
including 200+ LPs, attending.
The time and money you save on travel, the meetings you will have and the clarity you will achieve
will put you two steps ahead of your rivals in the challenging months ahead.
And don’t forget these fantastic innovations – the Fundraising Summit and the Secondaries
Summit on 16th November, and the Strategy & Practice Stream on 18th.
So take a look at some of the questions, speakers and features assembled, and book your place at
one incredible event.
With best regards
Rebecca Hallewell
Conference Director, SuperInvestor 2010
www.icbi-superinvestor.com
The Best And Most Valuable Networking Anywhere
Before the Event
“My SuperInvestor” is our online e-networker which allows you to upload your own profile for all the
attendees to see, view the list of delegates attending and book meetings. Available two weeks before
the conference, this innovative feature puts you in the driving seat of an agenda packed with meetings
and talks, allowing you to make every minute count.
Two Brilliant Summits – not to be missed –
The Fundraising Summit features two brand new surveys, 20+ LPs, the Fundraising Masterclass and
the Quick Fire Showcase for you to present your fund in super-quick time – 16th November.
And after its hugely popular launch, the Secondaries Summit with this red-hot sector’s leading
companies all together on one focused day - 16th November.
During the Day
New! Live TalkBack Blackberry Questions
Send your questions in real time directly to the speaker / moderator using your Blackberry. The
questions are anonymous giving you the opportunity to put the world’s leading private equity players on
the spot with the questions that really matter.
Quick-Fire Showcase. Hosted by an industry presentations expert, this is your chance to sell your fund
to all the other attendees. Taking just a few minutes and with no numbers allowed, you will be able to
bring your fund’s unique selling points to life and create great business openings – it’s been proven! -
16th November
LP Breakfast hosted by ILPA – to be confirmed - 18th November
This is open to pension funds, endowments, sovereign wealth funds and foundations. Please apply to
Laura Griffin on lgriffin@icbi.co.uk.
VIP hosted lunch tables with
Josh Lerner, Jacob H Schiff Professor of Investment Banking, HARVARD BUSINESS SCHOOL -
18th November
Kathleen Bacon, Managing Director, HARBOURVEST - 17th November
Q&A with
Ed Altman, Max L Heine Professor of Finance, STERN SCHOOL OF BUSINESS - 17th November
Roger Bootle, Founder & Managing Director, CAPITAL ECONOMICS - 18th November
Speed Networking
The speed networkers are divided into LPs and GPs, giving GPs a chance to introduce themselves and
give a summary of their fund. LPs have the chance to evaluate a large number of funds very quickly.
Pick up 20 business cards in 20 minutes and follow up great business opportunities later - 17th &
18th November
Champagne Roundtables
With more than 30+ tables to choose from, you will be able to take part in different discussions
according to the host and the topic that interest you most. With champagne served throughout and
about ten to each table, you will enjoy the most heated/technical/interactive/informed and valuable
face-to-face discussion anywhere. This is wonderful stimulation, great fun and incidental networking at
its best - and a perfect way to lead into the evening’s entertainment - 17th & 18th November.
Rising-Star Showcase
Following an independent survey of LPs, this panel will feature those who came top of this poll and
who represent the very cream of the private equity industry and the top-quartile winners of tomorrow.
Don’t miss it - 19th November.
In the Evening
LP-only Dinner for LPs to meet, talk and socialise in an exclusive context ahead of the conference.
16th November. This is open to pension funds, endowments, sovereign wealth funds and foundations.
Please apply to Laura Griffin on lgriffin@icbi.co.uk.
Two Gala Receptions
Perfect for networking, for pre dinner drinks and to wind down after an intensive conference day –
17th November
Plus, the fabulous and historic Hotel Crillon is the setting for the second superb reception. Join speakers and
delegates for an unforgettable evening in the most sumptuous of venues – where Marie-Antoinette spent time
- overlooking an unbeatable Paris panorama. Unmissable! - 18th November
Gala evening on 18th November at the fabulous Hotel Crillon
“Of all the private equity
conferences around, SuperInvestor is
by far the best one to attend.”
Sasha van de Water, Managing Director
KEYHAVEN CAPITAL PARTNERS
MAIN CONFERENCE - DAY 1
17 November 2010
07.50 Registration & Coffee
08.20 p6
Morning Chairman: Jonny Maxwell, Industry Veteran
08.30
08.55
09.30
CAPITAL OVERHANG
What Becomes Of The Capital Overhang? How Much Is Pressure Increasing On
GPs To Deploy Capital Due To Investment Periods Running Out And What Does This
Mean For Deals, Returns And Fundraising?
Michael Queen, Chief Executive, 3I GROUP
BIG BUY OUTS
Is Mid Market The Only Game In Town? How Are Strategies Changing For Big Buy
Out Funds Now That The Debt Bubble Has Burst?
Moderator: Juan Delgado-Moreira, Managing Director, HAMILTON LANE
Kurt Björklund, Co-Managing Partner, PERMIRA
Marc St John, Partner & Head of Investor Relations, CVC CAPITAL PARTNERS
John Hahn, Managing Director & Head of European Investment Activities
PROVIDENCE EQUITY PARTNERS
Nikos Stathopoulos, Managing Partner, BC PARTNERS
The Opportunities And Challenges Of International Private Equity
Sanjay Patel, Head of International Private Equity, APOLLO MANAGEMENT
p6 Regulation, Fundraising And Fund Challenges In A Recession
09.55
Jonathan Blake, Senior Partner & George Pinkham, Senior Partner, Paris, SJ BERWIN
10.20 Morning Coffee
p6
MID MARKET
Evaluating The Competitive Market Dynamics Of The Mid Market When There Is So
Much Capital – Where Will The Deal Flow Opportunities Arise?
10.50
Moderator: Louis Elson, Managing Partner, PALAMON CAPITAL PARTNERS
Nigel McConnell, Managing Partner, COGNETAS
John (Jay) Jordan III, Chairman & Managing Principal,THE JORDAN COMPANY
Andrea Bonomi, Chairman, INVESTINDUSTRIAL
11.20
12.00
GUEST SPEAKER
The Return Of Debt Finance And Leverage – Analysing The Current Conditions
And Outlook For Global Credit Markets
Ed Altman, Max L Heine Professor of Finance
STERN SCHOOL OF BUSINESS, NEW YORK UNIVERSITY
p6
PERFORMANCE
How Do You Decipher Performance And Measure Success? How Trustworthy Are Valuations And
Which Deals Have Worked And Which Classes Of Investments Have Earned More?
Moderator: Kathleen Bacon, Managing Director, HARBOURVEST
Neil Harper, Managing Director
MORGAN STANLEY ALTERNATIVE INVESTMENT PARTNERS
Raymond Abbott, Managing Director, ALLIANCE TRUST EQUITY PARTNERS
Gillian Brown, Head of Private Equity
BRITISH AIRWAYS PENSION INVESTMENT MANAGEMENT
LP ACTIVISM
LP Activism In Reshaping The Private Equity Market – How Active Have They Been, How
Active Should They Be And How Can Investors Work Together To Affect Change?
Moderator: Thomas Kubr, Managing Director & CEO, CAPITAL DYNAMICS
12.35
Wim Borgdorff, Managing Partner Head of Fund Investments
ALPINVEST PARTNERS
Dominique Senequier, CEO, AXA PRIVATE EQUITY
Mona ElNaggar, Managing Director, Head of Europe
THE INVESTMENT FUND FOR FOUNDATIONS tbc
Peter Keehn, Global Head of Private Equity, ALLSTATE INVESTMENTS
13.10 Lunch with VIP LUNCH TABLES
14.40
15.15
15.50
p6
Infrastructure, India & Mid Market
p6 INFRASTRUCTURE
Infrastructure - Mitigating Inflation
Worries And Exploiting A Risk Averse
Investment With Real Assets And
Annual Cash Flows
Moderator: FIRST STATE
INVESTMENTS
3I, CVC CAPITAL PARTNERS
FIRST RESERVE CORPORATION
PARTNERS GROUP
LP Issues
Chaired by: SJ BERWIN
FUND OF FUNDS
Are Fund Of Funds Becoming
Irrelevant As The Market Corrects?
What Is The Business Model For
Fund Of Funds In A Contracting
Market?
SVB CAPITAL
p6
p7
DUE DILIGENCE
MID MARKET
How Successfully Will Mid Market Buy-
Changes To Due Diligence –
What Are People Doing Differently
Outs Fund Raise? How Will Closing
Below Target Impact The Nature Of The
Compared To Five Years Ago And
What Are The Ten Critical Questions
Business And Its Positioning Within The
Market?
That Investors Should Ask?
Moderator:
Moderator: WILSHIRE PRIVATE
MARKETS GROUP
ALTIUS ASSOCIATES
PPM MANAGERS
AUDA INVESTMENT MANAGERS
LGT CAPITAL PARTNERS
ASKAR CAPITAL
DANSKE PRIVATE EQUITY
ACCESS CAPITAL PARTNERS
GE ASSET MANAGEMENT
p7
AIFM DIRECTIVE
The AIFM Directive And Its Impact
On International Fundraising And
Structuring
LOYENS & LOEFF
16.10 Title & Speaker to be confirmed
p7
ADVISORY BOARDS
Determining New Best Practice On
Advisory Boards – What Should Be Their
Role And Composition, Should They Have
More Power And What Of Limited Liability?
Moderator: PROBITAS PARTNERS
PANTHEON VENTURES
BRITISH AIRWAYS PENSION
INVESTMENT MANAGEMENT
CPP INVESTMENT BOARD, PROSKAUER
Distressed & Growth
DISTRESSED
Game On: Strategies And
Tactics For Redefining
Distressed Investing
BROOKFIELD ASSET
MANAGEMENT
p7
DISTRESSED
Analysing The Opportunity In
Distressed And Turnarounds
Moderator:
CLEARSIGHT INVESTMENT
PORTFOLIO ADVISORS
MHR FUND MANAGEMENT
DRUM CAPITAL
TPG CREDIT
Distressed And Turnaround War
Story – A Case Study In Success
MHR FUND MANAGEMENT
p8 Title to be confirmed
ALCHEMY PARTNERS
16.30 Afternoon Tea plus: DEDICATED LP/GP “SPEED- NETWORKING” Meet and match your fund with LPs
17.10
17.55
18.15
18.35
p6
p6
p6
Credit
p7
INDIA
Assessing The Evolution Of The
Indian Private Equity Market And Its
Opportunities - Another Decade Of Rapid
Growth Or A Period Of Mass Consolidation
And Who Will The Winners Be?
PEEPUL CAPITAL
CAPVENT
CDC GROUP, TANO INDIA ADVISORS
BARING PRIVATE EQUITY PARTNERS
p7
ALLIGNMENT OF INTEREST
Alignment Of Interest - A Comparison
Of Terms Between Today & Medieval
Commendas In Venice
COMMENDA
p7
LATIN AMERICA
Is Latin America Getting Overfunded?
Finding Value When There Are Limited
Opportunities
PAUL CAPITAL PARTNERS
p8
Q&A with
Ed Altman, Max L Heine Professor of Finance,
STERN SCHOOL OF BUSINESS, NYU
p7 FUTURE MONEY MAKERS
Can You Rely On Money-Makers For The
Future? What Is The Glue That Binds A
Partnership Together And Which Aspects
Will Ensure The Team Survives To Manage
Out The Fund?
Moderator: PINEBRIDGE INVESTMENTS
AMADEUS CAPITAL PARTNERS
COMMENDA
BAML CAPITAL ACCESS FUNDS
FERI INSTITUTIONAL ADVISORS
p7 FUNDS UNDER WATER
What Are LPs Doing Regarding
Funds Under Water? – How Will The
Massive Misalignment Of Interest Between
GPs And LPs Be Resolved When There Is
No Prospect Of Carry And What Is The
Outlook For Portfolio Companies?
Moderator: ABBOTT CAPITAL
MANAGEMENT
SL CAPITAL PARTNERS
PINEBRIDGE INVESTMENTS
BP PENSION FUND
RHO FUND INVESTORS
19.35 Gala Networking Drinks Reception for Speakers & Delegates
p7
p7
p8
p7
p7
p8
p8 ACTIVE MANAGEMENT
Which Active Portfolio Company
Management Strategies Succeed?
- How To Change The Operating
Earnings Of A Business Post Acquisition
Moderator: AUGUST EQUITY
THE NEWDAWN PARTNERSHIP
ALCHEMY PARTNERS
PRIVATE EQUITY PARTNERS
G SQUARE CAPITAL
BUTLER CAPITAL PARTNERS
p8
MID MARKET DEALS
How Can You Differentiate
Yourself To Demonstrate You Are
Adding Value In A Brutally
Competitive Mid Market
Environment? What Can
GPs Do To Win Deals, Now Upper
Mid Market Firms Have Moved
Into The Space?
Moderator: GRAPHITE CAPITAL
3I INVESTMENTS
MERCAPITAL, TA ASSOCIATES
CAPMAN
An Entire Agenda Of Topics And Hosts To
Choose From
Champagne Roundtable Discussions
p6
p6

MAIN CONFERENCE - DAY 2
18 November 2010
07.25 End Investor-Only Breakfast
p8
Hosted by ILPA tbc
08.00 Morning Coffee
08.25
08.30
08.55
09.30
Chairman
Jon Moulton, Chairman, BETTER CAPITAL
CREATORS OF ALPHA
Private Equity: Separating The Alpha Producers From The Beta Grazers
Charles Baillie, Global Co-Head Alternative Investments & Manager Selection
GOLDMAN SACHS
NEW ACTIVE MANAGEMENT
Steering Portfolio Companies And Motivating Management Teams In A Tough Economic
Environment – What Has Been Learned And What Have Been The Biggest Challenges?
Roberto Quarta, Chairman Europe & Operating Partner
CLAYTON DUBILIER & RICE
Stuart Gent, Operating Partner, BAIN CAPITAL
Jan Ståhlberg, Deputy CEO, Senior Partner, EQT PARTNERS
Chris Masterson, Chief Executive, MONTAGU PRIVATE EQUITY
THE ECONOMY
Double Dip Or U-Shaped Recovery? Assessing The Current Global
Macroeconomic Environment And Outlook For Consumer Demand Growth
Roger Bootle, Founder & Managing Director, CAPITAL ECONOMICS,
Author, THE TROUBLE WITH MARKETS
10.15 Coffee
10.45
11.25
REGULATION
Assessing Recent And Forthcoming Changes To The Global Regulatory Landscape –
Examining The Burden Of Compliance, The Impact On Cross-Border Investing And How It
Will Affect GPs And LPs
Moderator: Josh Lerner, Jacob H Schiff Professor of Investment Banking,
HARVARD BUSINESS SCHOOL
Urs Wietlisbach, Partner & Executive Vice Chairman, PARTNERS GROUP
Didier Millerot, Deputy Head of Unit, Asset Management, DG Internal Market & Services
EUROPEAN COMMISSION
Richard Wilson, Senior Partner, APAX PARTNERS, Chair, EVCA
Katharina Lichtner, Managing Director & Head of Research, CAPITAL DYNAMICS
THE NEW “NORMAL”
What Is The New “Normal” In Private Equity And Where Do We Go From Here?
Guy Hands, Chairman & CIO, TERRA FIRMA
p9
11.55 LEADERSHIP INTERVIEW
Greg Brenneman, Chairman, CCMP CAPITAL ADVISORS
12.25
13.05
14.30
15.10
WHO WILL SURVIVE?
Who Is Really Sustainable In European Private Equity?
Which GPs Will Still Be Here In Five Years' Time?
Moderator: Jeremy Coller, CIO, COLLER CAPITAL
John Hess, CEO, ALTIUS ASSOCIATES
Maarten Vervoort, Partner Fund Investments Europe, ALPINVEST PARTNERS
Adalbjorn Stefansson, Head of Buyout Fund Investments, SKANDIA LIFE
Christophe Bavière, CEO & Managing Partner, INDINVEST PARTNERS
Lunch featuring VIP Lunch Tables & Q&A with Roger Bootle, Founder & Managing Director,
CAPITAL ECONOMICS, Author, THE TROUBLE WITH MARKETS
DOWN-CYCLE OPPORTUNITY?
Whatever Happened To The Great Opportunity At The Bottom Of The Cycle – Will It Ever Arrive?
Moderator: John Singer, Chairman, ADVENT INTERNATIONAL EUROPE
Stefan Hepp, Founder & CEO, SCM STRATEGIC CAPITAL MANAGEMENT
P Olivier Sarkozy, Managing Director, THE CARLYLE GROUP
Rod Richards, Managing Partner, GRAPHITE CAPITAL
Tom Attwood, Managing Director, ICG
PRIVATE EQUITY MODEL
Assessing How The PE Model Will Transform - To What Extent Is The Current Downturn
Cyclical Or More Fundamental, And What Will Be The Critical Changes?
Moderator: Thomas Pütter, Former CEO and Chairman, ALLIANZ CAPITAL PARTNERS
Mark Redman, Senior Managing Director Europe, OMERS PRIVATE EQUITY
Hugh Langmuir, Managing Partner, CINVEN
Jan Johan Kühl, Managing Partner, POLARIS PRIVATE EQUITY
Uli Grabenwarter, Former Head, Equity Fund Investments, EUROPEAN INVESTMENT FUND
15.50 Afternoon Tea plus: DEDICATED LP/GP “SPEED- NETWORKING” Meet and match your fund with LPs
16.20
16.55
17.30
18.20
19.30
China, Lower Mid Market & Central
p9 & Eastern Europe
p8
p8
p9
p9
p9
p9
p9
p9
p9
CENTRAL & EASTERN EUROPE
Twenty Years Of Private Equity In
Central And Eastern Europe
Moderator:
ENTERPRISE INVESTORS
ADVENT INTERNATIONAL
ALPHA ASSOCIATES
METLIFE INVESTMENTS
WARSAW STOCK EXCHANGE
LOWER MID MARKET
Who Are The Real Success Stories
In The Lower Mid Market? – Exploiting
Local Networks In Underserved
Sectors And Successful Strategy
Differentiation In The Small Cap Sector
Moderator:
KEYHAVEN CAPITAL PARTNERS
AUGUR CAPITAL, BAY HILLS CAPITAL
CITI PRIVATE EQUITY
p9
China
CHINA
Exploiting China’s Vast Opportunity
Set – Overcoming The Challenge Of
A Limited Number Of Managers
With Exiting Experience, Oversized
Currency Funds And Alignment Of
Interest Issues
Moderator: JADE INVEST
CDH INVESTMENTS
ORCHID ASIA GROUP
MANAGEMENT
KEYTONE VENTURES
p10 Exits, Portfolio Company
Debt & “Unmentionables”
p10
EXITS
Will Exit Routes Be Significantly
Different In Future? – Where Will
Realisations Come From And How
Will The Average Company Get
To Liquidity?
Moderator:
ARGOS SODITC
SCOTTISH WIDOWS
INVESTMENT PARTNERSHIP, ISIS
p10
WALL OF DEBT
How Will The Wall Of Debt Play Out
In Terms Of Returns And Ownership
Relating To Deals Done 2/3 Years
Ago And What Are The
Opportunities? How Big Is The Debt
Problem, How Will Banks And GPs
Respond ?
p10
NORWIND CAPITAL
GOLDMAN SACHS
PARK SQUARE CAPITAL
Taboo
Topics
TABOO TOPICS
Analysing Unmentionable And Taboo
Topics For The Private Equity Industry
Moderator: BETTER CAPITAL
GREENPARK CAPITAL
HARVARD BUSINESS SCHOOL
NORWIND CAPITAL
DUKE STREET
An Entire Agenda Of Topics And Hosts To Choose From
Champagne Roundtable Discussions
Gala Networking Drinks Reception for Speakers & Delegates
at the fabulous Hotel Crillon
Global
Economy
Turnaround
Guru
Strategy & Practice p10
Chaired by: PEARONLINE
Back after its much-lauded launch
in 2009, this single-module stream
will give practical and invaluable
insights in the development of
private equity firms, dealing with the
impact of the downturn. Besides
hearing from excellent speakers in
panel sessions, participants will
themselves take part in interactive
roundtable discussions, led by those
speakers, which feed into further
debate. Interactive learning, on
critical subjects, at its
very best.
1. Prospects For Selling Your
Current Strategy To
(Cynical, Overworked &
Capital-Constrained ) LPs
Moderator:
CANDELA CAPITAL
BARCLAYS PRIVATE EQUITY
TERRA FIRMA
PANTHEON VENTURES
2. Adapting Your Investment
Strategy To The LP Famine
Moderator:
INDURO ADVICE
MONUMENT GROUP
NORTHWESTERN MUTUAL
CAPITAL
Plus speakers to be confirmed
p8
p8
p8
p8
3. Ensuring Your Team’s Optimum
Size And Structure, To Survive
And Prosper
Moderator:
GRAPHITE CAPITAL
MANAGEMENT
RICHMOND PARK PARTNERS
AMALA PARTNERS
Plus speakers to be confirmed
MAIN CONFERENCE - DAY 3
19 November 2010
08.00 Morning Coffee
08.25
08.30
08.50
09.30
Chairman
Vince O’Brien, Director, MONTAGU PRIVATE EQUITY
ALLOCATION – NEW RESEARCH
Private Equity And Asset Allocation: Does Private Equity Really Enhance Performance
And Reduce Risk In An Institutional Portfolio - 10 Year Case Study
Hanspeter Bader, Managing Director, Head of Private Equity, UNIGESTION
ALLOCATION TO PRIVATE EQUITY
Private Equity Assets In An Overall Allocation – To What Extent Is The Substantial Premium
Of Investing In PE Justified, Relative To Other Markets?
How Should LPs Modify Their Allocation To Private Equity Post Crisis?
Moderator:
Christopher Hunter, Managing Director, CAMBRIDGE ASSOCIATES
Sanjay Mistry, Head European Private Equity Research, MERCER
Mark Calnan, Global Head of Private Equity, TOWERS WATSON
Hanspeter Bader, Managing Director, Head of Private Equity, UNIGESTION
PRIVATE EQUITY THOUGHT-LEADER
The Squandered Opportunity? The State Of The Relationship Between
Limited And General Partners --And How They Should Be Evolving
Josh Lerner, Jacob H Schiff Professor of Investment Banking,
HARVARD BUSINESS SCHOOL
10.25 Morning Coffee
10.55
11.30
12.25
POLITICS, REGULATION & THE MEDIA
Understanding The Transformed Political And Ideological Order Relating To The Private
Equity Business - Why Is The Reality And Image Of Private Equity So At Odds?
- Understanding The Disconnect Between The Industry, Regulators, The Media, Trade Unions And
The Public And What Can Be Done To Change This
Moderator: Martin Arnold, Private Equity Correspondent, THE FINANCIAL TIMES
Vincenzo Morelli, Partner, TPG CAPITAL,
Chairman, EUROPEAN PRIVATE EQUITY ROUNDTABLE
Simon Walker, Chief Executive Officer, BVCA
Hervé Schricke, Chairman of the Executive Board, XANGE PRIVATE EQUITY
& Chairman, AFIC
LP STRATEGY
Capitalising On The Current Market: LP Perspectives
On Returns, Allocation, Portfolio Management And Funds
Moderator:
Christopher Hunter, Managing Director, CAMBRIDGE ASSOCIATES
Pierre Fortier, Vice-President, Partnerships and Syndication Private Equity
CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC
Torben Vangstrup, Managing Partner, ATP PRIVATE EQUITY PARTNERS
Ivan Vercoutere, Partner, LGT CAPITAL PARTNERS
Andreas Schmidt, Managing Director, Primary Private Equity Investments
DB PRIVATE EQUITY
Nick Ashmore, Head of Private Equity
NATIONAL PENSION RESERVE FUND
EMERGING MANAGERS & SRI
Emerging Managers, Environmental And Social Responsibility, Governance: How Do Fund
Of Funds And GPs Address Clients' Needs Which May Not Be Solely Returns Driven?
Moderator: David Jeffrey, Managing Partner, PARISH CAPITAL
Patricia Jeanjean, Investment Director, CAISSE DES DÉPÔTS ET CONSIGNATIONS
Christian Dujardin, Head of Product Development Private Equity, UNIGESTION
Tom Rotherham, Associate Director Private Equity, HERMES FUND MANAGERS
Frode Strand Nielsen, Managing Partner, FSN
13.05 Lunch
14.10
14.35
15.25
p10
p10
p10/11
p11
p11
p11
LP/GP
Relations
p11
p11
RISING STAR SHOWCASE
The very best in private equity will be brought together as guest GP panellists, selected & invited as the
future cream of their industry according to a confidential and independent survey of LPs.
p11
p11
EMERGING MARKETS AND RISK
Determining And Understanding The True Risks – Regulatory, Industry, Manager,
Political & Currency – Of Investing In Emerging And Frontier Markets
Moderator:
Luc Nijs, Founder, Chairman & Group CEO, THE TALITHA GROUP
Scott Foushee, Managing Director Head of Frontier Markets Private Equity
AIG INVESTMENTS
Alex Sao-Wei Lee, Partner, AXIOM ASIA
Varun Sood, Managing Partner & Co-Founder, CAPVENT
Sev Vettivetpillai, Chief Executive Officer, AUREOS ADVISERS
Michael Barth, Managing Director Global Investment, DARBY OVERSEAS tbc
GLOBAL INVESTMENT ISSUES
What Are The Issues Facing The Private Equity Industry Across Emerging Markets?
Comparing And Contrasting Investment Opportunities In Different Geographies And Sectors
Moderator:
Luc Nijs, Founder, Chairman & Group CEO, THE TALITHA GROUP
Steven Cowan, Managing Director, PGCI
Miriam Schmitter, Managing Director, CAMBRIDGE ASSOCIATES
Alice Chow, Managing Director, SQUADRON CAPITAL PARTNERS
Rahul Bhasin, Managing Partner, BARING PRIVATE EQUITY PARTNERS
Koonal Gandhi, CIO, KAISER FAMILY FOUNDATION
16.15 Close of Conference
LPs
Would you like to showcase your firm, your fund
or your brand to this superb audience?
If so, please call James Roberts
on +44 (0) 20 701 77944 or
email him today on jroberts@icbi.co.uk
To register: www.icbi-superinvestor.com • Tel +44 (0) 20 7017 7200
• Fax +44 ( 0) 20 7017 7807 • E info@icbi.co.uk
5

DAY
1
07.50 Registration & Coffee
08.20
Morning Chairman:
Jonny Maxwell, Industry Veteran
Up to December 2009 Jonny Maxwell had overall responsibility for Allianz's
indirect private equity activities, operating out of locations in Munich, New
York and Singapore. At that time Allianz, one of the world's largest
insurance companies managed in excess of EUR 6.3bn in the indirect PE
space. Prior to joining Allianz in 2007, Jonny was Chief Executive of
Standard Life Investments ( Private Equity ) in Edinburgh, Scotland. During
his 17 years there he built the private equity business and assets from a small single
client operation, into an international multi client manager with private equity assets of
over Euro 5.5bn.
08.30
CAPITAL OVERHANG
What Becomes Of The Capital Overhang? How Much Is
Pressure Increasing On GPs To Deploy Capital Due To
Investment Periods Running Out And What Does This
Mean For Deals, Returns And Fundraising?
Michael Queen, Chief Executive, 3I GROUP
Michael joined 3i in 1987 and is the Chief Executive. He has previously
been Managing Partner of 3i's Infrastructure business and Global Head of
Growth Capital. He has worked in a number of offices in various roles and
in 1994 he was seconded to the HM Treasury to help to develop the
potential for the Private Finance Initiative in the NHS as Head of the NHS
Private Finance Unit. Michael has invested across a broad range of sectors
but has a particular focus on healthcare and financial services. In 2002/2003 Michael was
Chairman of the British Venture Capital Association.
08.55
BIG BUY-OUTS
Is Mid Market The Only Game In Town? How Are
Strategies Changing For Big Buy-Out Funds Now That The
Debt Bubble Has Burst?
Moderator:
Juan Delgado-Moreira,
Managing Director,
HAMILTON LANE
For biography please see page 2
Kurt Björklund, Co-Managing Partner, PERMIRA
Kurt serves on the Board and is a member of the Executive Group, the
Management Group and the Investment Committee. He joined the London
office in 1996, became a partner in 2001 and between 2003 and 2008, he
was responsible for the Nordic office. Kurt has been involved in a number
of transactions including AU System, Inmarsat and TDC. Prior to joining
Permira, Kurt worked for the Boston Consulting Group (“BCG”) in
Stockholm and prior to that for an IT reseller in Finland.
Marc St John, Partner & Head of Investor Relations
CVC CAPITAL PARTNERS
Marc is Partner in charge of Investor Relations for CVC across the
European and Asian funds and has raised more than $35 billion in equity
capital from over 250 investors. Prior to CVC, Marc worked at Citi for 13
years. In his last job, he was responsible for Special Projects for Chairman
John Reed.
John Hahn, Managing Director &
Head of European Investment Activities,
PROVIDENCE EQUITY PARTNERS
John Hahn is a managing director based in Providence Equity’s London
office and leads the firm’s European private equity investment activities. He
is currently a member of the supervisory board of Kabel Deutschland and is
a director of Digital Platform leti im Hizmetleri (Digiturk), Grupo Corporativo
Ono and Nordic Cable Acquisition Company (Com Hem). Prior to joining Providence in
2000, Mr Hahn was a managing director at Morgan Stanley. Prior to this, he worked with
Price Waterhouse and Federal Data Corporation.
Nikos Stathopoulos, Managing Partner, BC PARTNERS
Mr Stathopoulos joined BC Partners in 2005 and has 13 years experience
in private equity having led a variety of private equity investments globally,
including the $3.25 billion acquisition of Migros Turk, and the €1 billion
public to private acquisition of Hyatt Regency. Prior to joining BC Partners,
Mr Stathopoulos was a Partner at Apax Partners where he spent seven
years working on large European buy-out transactions. He is a member of
the Harvard Business School European Leadership Board, the European Venture Capital
Association Buyout Committee, the Board of Trustees of the Private Equity Foundation,
the Advisory Board of the AUEB.
09.30
The Opportunities And Challenges Of International
Private Equity
Sanjay Patel, Head of International Private Equity
APOLLO MANAGEMENT
Mr Patel joined Apollo in 2010 as Managing Partner and Head of
International Private Equity resident in the London Office. Mr Patel was
most recently the co-head of European Private Equity and the co-head of
Indian Private Equity at Goldman Sachs PIA. Mr. Patel joined Goldman
Sachs’ M&A department in New York in 1983, moved into PIA in 1987 and
was promoted up the ranks to Managing Director. In 1998, he joined Greenwich Street
Capital Partners as a partner, was promoted to President before rejoining PIA as a
partner in London in 2005.
09.55
Regulation, Fundraising And Fund Challenges In A
Recession
What Funds Are Closing? Who Is Investing?
Investor Issues, Key Terms, Fund Restructurings
AIFM, Regulatory And Tax Update And Threats
Jonathan Blake, Senior Partner
SJ BERWIN
Jonathan Blake is SJ Berwin’s Senior Partner and has more than 30 years’
experience of the Private Equity industry. He negotiated the UK
Government guidelines on the use of limited partnerships as investment
funds. In 2004, Jonathan was admitted to the BVCA “Hall of Fame” - the
only adviser ever to be given this tribute.
&
George Pinkham, Senior Partner, Paris
SJ BERWIN
George S Pinkham is the Senior Partner of the Paris office and specialises
in the creation of private funds both in France and abroad. He. also has
significant experience in private equity transactions, particularly LBO and
LMBO acquisitions by private equity funds. He is a member of the Tax and
Legal Committee of AFIC.
10.20 Morning Coffee
“Higher quality attendees and
better panels.”
Hanneke Smits, CIO, ADAMS STREET PARTNERS
10.50
17 November 2010
Main Conference
MID MARKET
Evaluating The Competitive Market Dynamics Of The Mid
Market When There Is So Much Capital – Where Will The
Deal Flow Opportunities Arise?
Moderator: Louis Elson, Managing Partner
PALAMON CAPITAL PARTNERS
Louis Elson co-founded Palamon Capital Partners in 1999 and is head of the
Operating Committee. He is an American national. As a former London-based
partner of Warburg Pincus, Mr Elson has extensive experience in European
private equity. Before joining Warburg Pincus, he was involved in investment
banking at Goldman, Sachs & Co and in publishing at Time Inc. Mr Elson is a
member of the Mid-Market Committee of the British Venture Capital Association and is also a
member of the BVCA’s Research Advisory Board.
Nigel McConnell, Managing Partner, COGNETAS
Nigel McConnell is Chairman of the Advisory Investment Committee and
joined the firm, which is now Cognetas LLP (formerly Electra Partners
Europe) in 1991, having previously been a Director with Prudential Venture
Managers for six years. Prior to that, he spent two years in Coopers &
Lybrand’s Corporate Finance department advising MBO teams. A Chartered
Accountant, Nigel has played a leading role in transactions including
Amtico, Fritidsresor, Global Solutions, Holt Lloyd, Inchcape Shipping
Services, Inspectorate, Lombard Insurance and PHS.
John ( Jay ) Jordan III, Chairman & Managing Principal
THE JORDAN COMPANY
John W. “Jay” Jordan, II began is career in Wall Street at Carl Marks in the
early 1970's where he became a pioneer in the private equity business. Over
the course of nine years at Carl Marks, the partnership amassed a portfolio of
approximately 25 companies doing in excess of $2.5 billion in sales volume. In
1982, Jay formed The Jordan Company (“TJC”). Since its formation, TJC has
acquired approximately 100 platform companies and an additional 400 add on acquisitions
with aggregate sales volume in excess of $10 billion. Today, the TJC portfolio includes over
twenty companies with approximately $4.5 billion in aggregate sales.
Andrea Bonomi, Chairman, INVESTINDUSTRIAL
In 1990 Andrea established Investindustrial, the leading Southern European
investment group. In 2009, Investindustrial was recognised as the Best
Private Equity Firm in both Italy and Iberia in the Private Equity International
Awards. In 2008, Investindustrial was the first private equity operator with
focus on Southern Europe to subscribe to the UN Global Compact Ten
Principles programme and in 2009 subscribed to the Principle for
Responsible Investments initiative In addition Investindustrial has been
recently certified carbon neutral by the CarbonNeutral Company.
11.20
GUEST SPEAKER
The Return Of Debt Finance And Leverage – Analysing The
Current Conditions And Outlook For Global Credit Markets
Ed Altman, Max L Heine Professor of Finance
STERN SCHOOL OF BUSINESS,
NEW YORK UNIVERSITY
Edward Altman is Director of the Credit and Fixed Income Research
Program at the NYU Salomon Center. Dr Altman has an international
reputation as an expert on corporate bankruptcy, high yield bonds,
distressed debt and credit risk analysis. He was named Laureate 1984 by
the Hautes Etudes Commerciales Foundation in Paris for his accumulated works on
corporate distress prediction models and procedures for firm financial rehabilitation and
awarded the Graham & Dodd Scroll for 1985 by the Financial Analysts Federation for his
work on Default Rates and High Yield Corporate Debt. He was inducted into the Fixed
Income Analysts Society Hall of Fame in 2001 and elected President of the Financial
Management Association (2003) and a Fellow of the FMA in 2004, and was amongst the
inaugural inductees into the Turnaround Management Association’s Hall of Fame in 2008.
In 2005, Dr Altman was named one of the “100 Most Influential people in Finance” by
Treasury & Risk, Management magazine and is frequently quoted in the popular press
and on network TV.
12.00
PERFORMANCE
How Do You Decipher Performance And Measure
Success? How Trustworthy Are Valuations And Which
Deals Have Worked And Which Classes Of Investments
Have Earned More?
Moderator: Kathleen Bacon, Managing Director
HARBOURVEST
Kathleen Bacon has 20 years’ experience in private equity investing and
concentrates on managing European and emerging markets primary
partnership investments. She has also been involved with direct and
secondary partnership investments. Kathleen joined the firm’s London
subsidiary in 1994 and serves on the advisory boards of a number of
private equity partnerships. Kathleen’s prior experience includes a position with the First
National Bank of Boston, where she was responsible for lending to US subsidiaries of
UK-owned companies.
Neil Harper, Managing Director, MORGAN STANLEY
ALTERNATIVE INVESTMENT PARTNERS
Neil is a portfolio manager for Morgan Stanley Alternative Investment
Partners, Morgan Stanley's Private Equity Fund of Funds group, managing
approximately $7bn in fund investments and direct co-investments globally.
Neil leads EMEA investment activities from the London office and has 20
years of relevant industry experience. Prior to joining Morgan Stanley AIP,
he was a Partner with McKinsey & Company based in Europe, North America and Asia
providing consulting services to corporate and private equity clients on strategy,
performance improvement, mergers and acquisitions and corporate finance.
Raymond Abbott,
Managing Director, Head of Private Equity
ALLIANCE TRUST EQUITY PARTNERS
For biography please see page 2.
Gillian Brown, Head of Private Equity
BRITISH AIRWAYS PENSION INVESTMENT MANAGEMENT
Gillian joined British Airways Pension Investment Management Ltd in March 2008. She
began her private equity career in 1987 when she developed and managed the private
equity portfolio at the Greater Manchester Pension Fund. In the following years she
spent time with William Mercer as a senior consultant where her role included advising
pension funds on private equity strategy. At Merrill Lynch Investment Managers, Gillian
led the European investments made by its first fund of funds before moving to Hermes
Private Equity to lead the fund investing team. After leaving Hermes she set up Tandem
Private Equity which subsequently became Mithras Capital Partners.
12.35
LP ACTIVISM
LP Activism In Reshaping The Private Equity Market – How
Active Have They Been, How Active Should They Be And
How Can Investors Work Together To Affect Change?
Moderator: Thomas Kubr, Managing Director & CEO,
CAPITAL DYNAMICS
Thomas is a Managing Director and the Chief Executive of Capital
Dynamics, a position he held since 1999. Previously, he was the head of
private equity at Partners Group and a consultant with McKinsey &
Company from 1995 to 1997. He began his career as an aerospace
engineer at the Space Division of Oerlikon Contraves. Capital Dynamics is
an independent asset management firm focused on private equity. Capital Dynamics
offers institutional investors and family offices a wide range of private equity products
and services: fund of funds, direct investments, separate account solutions and
structured private equity products. With more than 20 years of experience, Capital
Dynamics manages and has advised on a combined total of over USD 21 billion in private
equity and real estate funds.
Wim Borgdorff
Managing Partner Head of Fund Investments
ALPINVEST PARTNERS
Wim joined AlpInvest Partners in 2000 from ABP Investments, where he
led the restructuring of ABP’s Real Estate activities as well as the setting
up of ABP’s Alternative Investments unit. Previously, he was managing
director with ING Asset Management. Bringing nearly 20 years of
alternative investment experience to his role at AlpInvest Partners, Wim heads AlpInvest
Partners Fund Investments and Secondary Investments teams. He is also a member of
AlpInvest Partners Executive Committee and a founder of the Firm. He is a member of
the supervisory board for Cório, and advisory boards for Apax and Permira.
Dominique Senequier, CEO, AXA PRIVATE EQUITY
Dominique Senequier is an inspiring and respected CEO who is passionate
about her business. She founded AXA Private Equity in 1996, which now
advises/manages $25 billion of assets globally, with offices in Paris,
Frankfurt, London, Milan, Zurich, New York, Singapore and Vienna. She
continues to take a hands-on approach to the business and works closely
with executive board members to maintain a good understanding of AXA
Private Equity’s portfolio companies. Dominique was one of the first
women to graduate from the Ecole Polytechnique in 1972.
Mona ElNaggar, Managing Director, Head of Europe
THE INVESTMENT FUND FOR FOUNDATIONS
To be confirmed.
Mona heads up the London office of The Investment Fund for Foundations
(TIFF), which offers multi-manager investment vehicles to endowed
charities plus resources aimed at enhancing fiduciaries' investment
knowledge. Mona selects and monitors TIFF’s portfolio of private equity
and private real estate managers in Europe and many emerging markets.
Prior to joining TIFF, Mona spent over 11 years at Morgan Stanley, in the firm's merger
and acquisitions, corporate finance, and securitisation divisions.
Peter Keehn, Global Head of Private Equity
ALLSTATE INVESTMENTS
Allstate Investments manages approximately $100bn in assets on behalf of
insurance and pension clients affiliated with The Allstate Corporation. Peter
leads a team that manages Allstate’s $ 3 billion Private Equity portfolio and
makes fund and direct investment globally from offices in Chicago and
London. He recently returned to Allstate's Home Office from an
assignment in London where he established and served as CEO of the
firm's UK-based investment affiliate.
13.10 Lunch
With VIP LUNCH TABLES
Including Kathleen Bacon, Managing Director, HARBOURVEST
Followed by your choice of afternoon sessions. Delegates are free to move
between streams to hear the speakers and subjects of their own interest.
14.40
INFRASTRUCTURE
Mitigating Inflation Worries And Exploiting A Risk Averse
Investment With Real Assets And Annual Cash Flows
Moderator: Jeffrey Altmann, Senior Asset Manager
FIRST STATE INVESTMENTS
Jeffrey Altmann is Senior Asset Manager at First State Investments. First State is the
asset management arm of the Commonwealth Bank of Australia, which has 15+ years of
expertise in infrastructure. Jeffrey has extensive experience in infrastructure mainly with
electricity, gas and telecoms assets in Europe and the United States since 1993.
Cressida Hogg, Managing Partner Infrastructure, 3I
Cressida joined 3i in 1995, having previously worked at JP Morgan. Before starting 3i's
infrastructure team in 2005, Cressida worked on a wide range of MBO and private equity
deals. Recently she has led 3i's investments into AWG and I2, a secondary PFI
investment fund.
Stephen Vineburg, CEO Infrastructure
CVC CAPITAL PARTNERS
Stephen was appointed Chief Executive, Infrastructure -CVC Capital Partners in
December 2007 and is responsible for the development and management of the
infrastructure investment business. Prior to taking up this appointment he was Global
Head of Infrastructure Investment at Colonial First State Global Asset Management, the
investment management arm of Commonwealth Bank of Australia. He has been a
pioneer of infrastructure investment, managing portfolios of investments in toll roads,
railways, airports as well as water, gas and electricity businesses for institutional clients
since 1994. He has been responsible for a global portfolio which included investments in
Brisbane Airport, the Inexus Group and Anglian Water Group.
Mark Florian, Managing Director, Energy Infrastructure
FIRST RESERVE CORPORATION
Mark Florian joined First Reserve in 2008 to lead First Reserve’s energy infrastructure fund.
Mr Florian’s responsibilities include investment origination, structuring, execution, monitoring
and exit strategy, with particular emphasis on the worldwide energy infrastructure sector.
Prior to joining First Reserve, Mr Florian was a Managing Director and Chief Operating
Officer of Goldman Sachs’ Public Sector and Infrastructure Department, managing its
Infrastructure Investment Banking business, and was on the Investment Committee for
Goldman Sachs Infrastructure Partners. Mr Florian also spent time in the public finance,
corporate finance, and mergers groups at Goldman Sachs.
Michael Barben, Partner, Head of Private Infrastructure
PARTNERS GROUP
Michael Barben is chairman of the private infrastructure investment committee. He was
originally responsible for European buyout and special situations partnership selection
before, after an initial assignment in Switzerland, he was made responsible for building
the firm's US based manager selection team, and subsequently was appointed global
head of the alternative strategies manager selection team. Prior to joining Partners
Group, he worked as an investment manager for Zurmont Management, a Swiss
company focused on late stage growth financing and mid-sized buyout transactions, and
for UBS Investment Bank.
15.15
Stream A
Infrastructure, India & Mid Market
MID MARKET
How Successfully Will Mid Market Buy-Outs Fundraise?
How Will Closing Below Target Impact The Nature Of The
Business And Its Positioning Within The Market?
Moderator: William van Eesteren, Managing Director
WILSHIRE PRIVATE MARKETS GROUP
Mr van Eesteren is responsible for origination, due diligence, and monitoring of buyout
and venture capital investments in Europe. He has 12 years of investment experience.
Prior to joining WPM, he worked in investment banking, most recently as Vice President
with ING Barings. Mr van Eesteren was also previously with NationsBank and Bank of
America in London. Mr van Eesteren serves on several buyout and venture capital
partnership advisory boards in Europe.
John Euers, Investment Director, PPM MANAGERS
John Euers is an Investment Director at PPM Managers, the London based private equity
fund of funds team of UK life insurer Prudential plc. He is a member of the Advisory Board of
several mid-market buy-out funds. Prior to joining in 2006, John spent seven years with the
medical research charity Wellcome Trust, one of the largest European investors in private
equity, where he helped manage their £3billion global private equity Fund of Funds portfolio.
PPM Managers was established in 2000 to build a portfolio of private equity partnerships in
Europe and Asia and had commitments of €1bn as at 31st December 2009.
Cem Meric, Principal, Head of European Primary Investments
LGT CAPITAL PARTNERS
Cem has been with LGT Capital Partners a leading European fund of funds since early
2001. He is in charge of leading and coordinating LGT Capital Partners’ European primary
investments. He is also a member of the global investment committee of LGT Capital
Partners, and one of the voting members for the European primary investments of the
firm. Before joining LGT Capital Partners, he was with Argos Soditic in Geneva, and
Banexi-BNP in Paris.
Jesper Knutsson, Senior Investment Manager
DANSKE PRIVATE EQUITY
For biography please see page 2.
6 For latest programme or to register, please visit www.icbi-superinvestor.com

DAY
1
17 November 2010
Main Conference
15.50
AIFM DIRECTIVE
The AIFM Directive And Its Impact On International Fund
Raising and Fund Structuring
Aleid Doodeheefver
Lawyer & Member Of The Investment Management Group
LOYENS & LOEFF
Aleid Doodeheefver is a banking and securities lawyer based in Amsterdam who
specialises in fund formation for the alternative as well as the non-alternative fund
industry. Aleid advised both APG Algemene Pensioengroep and Bouwinvest REIM (asset
and fund managers of the largest and fourth largest pension fund in the Netherlands,
respectively) on the formation of their multi billion asset pooling structures. In addition,
Aleid also acts as counsel to a number of large institutional investors (including fund-offunds)
in relation to their international alternative fund investments. Aleid has particular
expertise in financial markets regulation in relation to investment products, asset
management and other investment services. She actively participates in the technical
group of the European Private Equity & Venture Capital Association on AIFM Directive
related issues.
16.10
Title and Speaker to be confirmed
16.30 Afternoon Tea plus:
DEDICATED LP/GP “SPEED- NETWORKING”
Meet and match your fund with LPs
Sign up to spend half an hour meeting more than a dozen different LPs,
allowing you to introduce your fund, shake hands, make contact and
swap business cards. Half an hour spent at SuperInvestor’s speed
networking will provide you with great future business leads.
17.10
INDIA
Assessing The Evolution Of The Indian Private Equity
Market And Its Opportunities - Another Decade Of Rapid
Growth Or A Period Of Mass Consolidation And Who Will
The Winners Be?
Moderator:
Sandeep Reddy, Founder & Managing Director
PEEPUL CAPITAL
Peepul Capital is an India-centric private equity investor with investments focused on
opportunities in technology products & services and specialised engineering. Sandeep
has been one of the early participants in the rapidly evolving Indian private equity
industry having been active for a decade. He takes overall responsibility for defining and
executing Peepul’s strategy through which he has spawned and built a number of
entities as well as driven migration through their lifecycles. Peepul Capital has been
involved in sponsoring over 26 companies.
Varun Sood, Managing Partner & Co-Founder
CAPVENT
Varun Sood jointly manages Capvent’s firm’s investment activities and is integral to
Capvent’s growth as a specialist provider of performance-driven investment services in
private equity. He is responsible for creating Capvent’s investment guidelines and risk
management systems. Previously he was executive director and head of Société
Générale European LBO group and a vice President at ABN AMRO.
Anubha Shrivastava, Managing Director, Asia
CDC GROUP
CDC Group is a fund of funds business owned by the British Government that invests in
the developing economies of Africa, Asia and Latin America. Anubha Shrivastava is
responsible for the Asian investment portfolio spanning across South and South-East
Asia and China. Anubha Shrivastava commenced her private equity career in 1999 with
General Motors Asset Management’s Private Equity Group in New York, USA. She was
involved in the global private equity fund-of-funds portfolio as well as the global coinvestment
program. Thereafter she worked at Performance Equity Management, LLC,
where she was responsible for managing the European fund-of-funds and co-investment
portfolios. Anubha Shrivastava started her career in Arthur Andersen and went on to
work with Hambrecht & Quist, USA prior to joining General Motors Asset Management.
Rahul Bhasin, Managing Partner
BARING PRIVATE EQUITY PARTNERS
Rahul Bhasin is a Senior Partner and Global Board Member of Baring Private Equity Partners
(BPEP) International. Rahul is also a member of the Investment Committee at Baring Vostok
Capital Partners and has also been an advisory board member of the ING group in India. He
has crafted the strategy and execution processes for the investments by Baring in India and
serves on the boards of various companies funded by Barings in India. He has served as the
Chairman of MphasiS BFL Limitedand, where he oversaw its transformation from a loss
making to a profit making company. The company was recently acquired by EDS (and
subsequently by HP) and enjoys a market cap in excess of $ 3.0 billion.
Hetal Gandhi, Co-Founder
TANO INDIA ADVISORS
Tano India Advisors Pvt Ltd (Tano), is a PE Fund Manager, focused on investments in
growth stage medium enterprises in India. Tano has so far made 9 investments and
completed 2 divestments at an average of 3x over 43 months. Mr Gandhi has spent his
entire career in India, and has amassed experience across the entire spectrum of
financial service businesses encompassing private equity, corporate lending,
infrastructure financing, mergers and acquisitions, and capital markets. Prior to founding
Tano in 2006, Mr. Gandhi was the CEO for the financial services business of
Infrastructure Leasing and Financial Services Limited (IL&FS), where he spent 17 years
during which he was the CEO and Managing Director of IL&FS Investment Managers
Limited (IIML) for six years.
17.55
ALIGNMENT OF INTEREST
Alignment Of Interest - A Comparison Of Terms Between
Today & Medieval Commendas In Venice
Hans Lovrek, Managing Director
COMMENDA
Hans Lovrek, founded Commenda Private Equity. The firm structures private equity fund
of funds for Austrian institutions and advises them on their programmes. Prior to that he
initiated the private equity program of Bank Gutmann and structured the first Austrian
private equity fund of funds. He is also doing research on the roots of private equity as
an institution at the Faculty of Historical and Cultural Studies at the Unviersity of Vienna.
18.15
LATIN AMERICA
Is Latin America Getting Overfunded? Finding Value When
There Are Limited Opportunities
R Duncan Littlejohn, Managing Director
PAUL CAPITAL PARTNERS
Paul Capital Partners is a well known secondary private equity fund manager with over
US$ 7 billion in AUM. Mr Littlejohn was previously a partner of BPE Investimentos, a
primary private equity fund manager whose portfolios have included companies such as
Datasul, Injepet, Mobitel, Getec, Autotrac, Armco Staco and others. BPE has invested in 15
Brazilian medium sized companies with a combined enterprise value of over R$ 1,5 billion.
In Brazil since 1989, he has been active in principal investing, in the US and Brazil, and in
corporate finance.. He is currently on the board of ABVCAP the Brazilian Venture Capital
and Private Equity Association and the advisory board of several PE funds.
Stream B
LP Issues
Chaired by: Josyane Gold, Partner
SJ BERWIN
Josyane Gold has been a partner in the private equity funds team since 1988. She has a
wealth of experience that comes from having acted, over a period of 20 years, on well
over 100 private equity and venture funds. Josyane is recognised by Chambers, Legal
500 and Global Counsel as a leading adviser in private equity funds.
14.40
FUND OF FUNDS
Are Fund Of Funds Becoming Irrelevant As The Market
Corrects? What Is The Business Model For Fund Of Funds
In A Contracting Market?
Aaron Gershenberg, Managing Partner, SVB CAPITAL
Aaron Gershenberg is the managing partner of the funds management group with SVB
Capital. He joined SVB in 1999 and has over 20 years of private equity investing, financial
services and consulting experience. Since raising SVB Capital's first fund with outside
limited partners in 2000, Gershenberg has helped build a family of proprietary and
sponsored funds that offer institutional limited partners opportunities to invest in top-tier
private equity and venture funds and their portfolio companies.
15.15
DUE DILIGENCE
Changes To Due Diligence – What Are People Doing
Differently Compared To Five Years Ago And What Are The
Ten Critical Questions That Investors Should Ask?
Moderator: Michael Russell, Partner & Head of Europe EMEA,
ALTIUS ASSOCIATES
For biography please see page 2.
Philippe Roesch, Managing Director, Head of Private Equity Europe
AUDA INVESTMENT MANAGERS
For biography please see page 2.
Bjarki Brynjarsson, Managing Director, Corporate Finance
ASKAR CAPITAL
Askar Capital is a boutique investment bank offering advisory services related to
investments in alternative financial products. The corporate finance team focuses largely
on managing and restructuring distressed assets within the private equity and real estate
sectors and has completed transactions internationally with a value of more than Euro
1bn. Prior to joining Askar Capital, Bjarki held executive positions at Reykjavik University,
Nyherji, Klak – Innovation Centre, Kaupthing Bank and SINTEF.
Agnès Nahum, Co-founder & Managing Partner
ACCESS CAPITAL PARTNERS
Agnès co-founded Access Capital Partners in December 1998 and she has 21 years of
private equity experience. She is a member of the Investment Committee and is
responsible for investments, strategic development, management and marketing of
Access. She serves on the advisory committees of funds in France, the UK, Germany,
Switzerland, Italy, and Spain. Prior to co-founding Access, she was Director of Business
Development at Financière Natexis, then at BNP Private Equity, both leading French
Private Equity houses. She spent six years with a French insurance company, Mutuelle
Assurance Artisanale de France (MAAF), where she was Head of Private Equity,
managing a portfolio of unquoted investments.
Paolo Simonato, Managing Director, GE ASSET MANAGEMENT
Based in Paris, Paolo developed GE Asset Management’s private equity investment team
in Europe. GE Asset Management, with approximately $US100B in assets under
management, is the investment manager for the General Electric Pension Trust and other
institutional clients. Paolo actively supports origination for the GEAM International Private
Equity Fund I, a $US436MM global private equity fund closed in 2005. Paolo joined GE
in 1994 as part of GE’s Corporate Audit Staff where he participated and managed
assignments in the US, Europe and Asia.
15.50
ADVISORY BOARDS
Determining New Best Practice On Advisory Boards –
What Should Be Their Role And Composition, Should They
Have More Power And What Of Limited Liability?
Moderator: Kelly Deponte, Partner, PROBITAS PARTNERS
For biography please see page 2.
Helen Steers, Partner, Head European Investment
PANTHEON VENTURES
Helen leads Pantheon’s European primary investment activity and is a member of the
International Investment Committee. Helen is Chair of the European Investment
Committee and a member of the Co-investment Committee. Helen joined Pantheon in
2004 from Russell Investments in Paris, where she was Managing Director with
overall responsibility for private equity in Europe. Prior to joining Russell in 1999, Helen
spent five years as Director, European Private Equity with the Caisse de dépôt et
placement du Québec.
Gillian Brown, Head of Private Equity
BRITISH AIRWAYS PENSION INVESTMENT MANAGEMENT
For biography please see page 6.
Julie Gray, Principal Private Investments – Funds & Secondaries,
CPP INVESTMENT BOARD
Julie joined CPP Investment Board in 2007. She started her career with CPPIB in Toronto, but
is currently based in the firm’s London office, and is focused on assessing and managing
primary fund commitments and secondaries investments on an international basis. Prior to
joining CPPIB, Julie worked with The Boston Consulting Group, where her experience was
centered on corporate growth and turnaround strategies primarily in the financial services and
consumer good sectors with companies across Canada, the US, the UK and Latin America.
Speaker to be confirmed
PROSKAUER
16.30 Afternoon Tea plus:
DEDICATED LP/GP “SPEED- NETWORKING”
Meet and match your fund with LPs
17.10
FUTURE MONEY-MAKERS
Can You Rely On Money-Makers For The Future? What Is The
Glue That Binds A Partnership Together And Which Aspects
Will Ensure The Team Survives To Manage Out The Fund?
Moderator: Rhonda Ryan, Head of Private Funds Group Europe,
PINEBRIDGE INVESTMENTS
Ms Ryan joined the firm in 2006 and is Head of Private Funds Group Europe. She
focuses on private equity investment activities on a global basis. Her responsibilities
include evaluating and meeting with private equity fund managers, making investment
recommendations and monitoring the performance of the private equity portfolios.
Prior to joining the firm, she was Head of Private Equity at Insight Investment, which
she joined in 2001. Ms Ryan's investment experience began in 1992 and has included
private equity investing in Europe and the United States. Ms Ryan also serves on a
number of private equity fund advisory boards.
Anne Glover, CEO & Co-Founder, AMADEUS CAPITAL PARTNERS
European technology investor, Amadeus has £460m of funds under management and
has backed over 60 companies covering computer hardware and software, mobile and
fixed communications technologies, clean technologies and medical technologies. Ms
Glover was Chairman of the British Venture Capital Association (BVCA) from 2004 to
2005, having been a member of the Council that runs the organisation since 1999, and
was also a member of Sir David Walker’s private equity working group in 2007. She is
currently a non-executive director of the UK government's Technology Strategy Board
and chaired the committee on government procurement from SMEs in 2008. She is also
a member of the London Business School’s Private Equity Institute Advisory Board, a
member of the Women’s Enterprise Task Force and serves on the board of Optos and
Glysure. In June 2006 she was awarded a CBE for services to business. In July 2008
Ms Glover was elected an honorary fellow of the Royal Academy of Engineering.
Hans Lovrek, Partner, COMMENDA
For biography please see above.
Guillermo Borda, Managing Director
BAML CAPITAL ACCESS FUNDS
BAML Capital Access Funds is an experienced private equity fund of funds manager
which is part of Bank of America's Global Principal Investments Group, which is a
diversified private equity investment origination unit that invests directly in over 1,000
mezzanine, growth, buyouts and venture funds totaling over $12 billion in total assets.
Mr Borda is the Los Angeles-based partner focusing his efforts on origination, structuring
of new investment opportunities, investor relations, capital formation, and adding
strategic value to the portfolio of funds and companies.
Kaarina Suikkonen, Investment Director Private Equity
FERI INSTITUTIONAL ADVISORS
Kaarina is Director Private Equity of Feri Institutional Advisors, a German investment
advisory firm servicing institutional investors and family offices. Kaarina is responsible for
global private equity fund investments and portfolio management. She also spearheads
Feri’s efforts in the renewable private equity. Prior to Feri, she did private equity research
and manager selection at CalSTRS Alternative Investments. She has 15 years of private
equity investing and direct transaction experience.
17.55
FUNDS UNDER WATER
What Are LPs Doing Regarding Funds Under Water? –
How Will The Massive Misalignment Of Interest Between
GPs And LPs Be Resolved When There Is No Prospect Of
Carry And What Is The Outlook For Portfolio Companies?
Moderator: Charles van Horne, Managing Director
ABBOTT CAPITAL MANAGEMENT
Mr van Horne’s responsibilities include development of Abbott’s fund of fund activities,
client services and assisting institutional investors in the formulation and execution of
their private equity strategies. Mr van Horne has over 20 years of experience in private
equity in the US, Europe and the emerging markets, including establishing and managing
teams focused on funds of funds, direct investment partnerships, individual direct
investments, M&A, restructurings and project finance. Abbott manages approximately
$6.5 billion of assets on behalf of institutional clients worldwide, of which over $1.0
billion was committed to its most recent fund of funds, Abbott Capital Private Equity
Fund VI ("ACE VI").
Peter McKellar, Partner & CIO
SL CAPITAL PARTNERS
Peter McKellar started his career in investment banking at JP Morgan and worked in
corporate finance before moving into industry in 1995 as corporate development director
and then group finance director of Clydeport plc, a London Stock Exchange listed
company and a former Montagu Private Equity buyout. Peter joined Standard Life
Investments’ private equity team in the autumn of 1999, as Investment Director, and
was promoted to Chief Investment Officer in December 2006. SL Capital Partners LLP
(formerly Standard Life Investments (Private Equity) Limited) currently manages in
excess €6.3 billion of private equity money on behalf of around 150 clients worldwide.
Vicky Wilson, Head of Private Equity
BP PENSION FUND
Vicky Wilson is Head of Private Equity at the BP pension fund, and manages a portfolio
of over 170 private equity funds. This accounts for approximately 10% of the £11.3 billion
pension fund and is invested in a diverse range of funds. Previously Vicky managed the
private equity portfolios at British Airways and Shell pension funds and began her career
in private equity at Altius Associates in the late 1990s. Prior to that she held positions at
Salomon SmithBarney and Capital International.
Gordon Hargraves, Partner, RHO FUND INVESTORS
For biography please see page 2.
Rhonda Ryan, Head of Private Funds Group Europe
PINEBRIDGE INVESTMENTS
For biography please see above.
14.40
DISTRESSED
Game On: Strategies And Tactics For Redefining
Distressed Investing
Alexander Greene, Managing Partner
BROOKFIELD ASSET MANAGEMENT
Brookfield Asset Management is a global asset manager focused on property, power and
infrastructure with over US$100 billion of assets under management. Mr Greene leads
Brookfield’s restructuring and related financing activities in the United States, investing in
companies which are experiencing financial and operating difficulties and are in need of capital
and strategic advice. He joined Brookfield in December 2005 from The Carlyle Group, where
he was co-head of the firm’s financial restructuring activities. Prior to Carlyle, Mr Greene was a
senior restructuring partner at Gleacher Partners, Wasserstein Perella & Co, and Whitman
Heffernan Rhein & Co, and its affiliate MJ Whitman & Co. He began his career at
Manufacturers Hanover Trust Company.
15.15
Stream C
Distressed & Growth
DISTRESSED
Analysing The Opportunity In Distressed And Turnarounds
• Examining successes, challenges and lessons learned
• Will there be new money to take advantage of prospects going
forward given recent results?
Moderator: Jakub Crhonek, Managing Director
CLEARSIGHT INVESTMENT
Jakub is heading Clearsight Investment AG in Zurich, a private equity fund of funds firm,
focused on turnaround and restructuring groups. Prior to founding Clearsight, Jakub was
the Head of European Private Equity for HRJ Capital, a global diversified private equity
fund of funds investor. Prior to this, Jakub was with LGT Capital Partners in the Zurich
area and with Citadel Investment Group in San Francisco. Jakub started his career as an
analyst at Credit Suisse First Boston in Palo Alto.
Nicolas von der Schulenburg, Managing Director
PORTFOLIO ADVISORS
Nicolas von der Schulenburg leads Portfolio Advisors’ European investment activities.
Previously he was an Investment Director for CAM Private Equity, a private equity fund
of funds firm based in Germany, where he focused on conducting due diligence on
European private equity partnerships. Prior to joining CAM, Nicolas gained five years of
direct private equity investing experience with 3i Group plc in Germany. Prior to entering
private equity, Nicolas was a management consultant with Arthur D. Little.
Mark Rachesky, President
MHR FUND MANAGEMENT
Dr Rachesky is the President of MHR Fund Management LLC (“MHR”), an investment
firm that he founded in 1996. MHR manages approximately $5 billion and takes a private
equity approach to investing in distressed and undervalued middle-market companies
identified through its proprietary sourcing network. Prior to founding MHR, Dr Rachesky
was Carl C. Icahn’s chief investment advisor, after working for three years as an investment
advisor for an affiliate of the Robert M Bass Group. Dr Rachesky currently serves as Non-
Executive Chairman of the Board of Telesat Holdings, the 4th largest satellite operator in
the world, Loral Space and Communications, a leading satellite services provider and
manufacturer and Leap Wireless International, the 8th largest mobile telephone company in
the US. He currently serves on the board of directors of several other companies. Dr
Rachesky has served on numerous Bankruptcy Creditors’ Committees.
Duran Curis, Managing Director, DRUM CAPITAL
Duran Curis, CFA is a senior member of Drum’s Investment Committee. Previously, Mr Curis
was at HRJ Capital, where he launched and managed the HRJ Special Opportunities Funds, a
series of fund-of-funds focused exclusively on distressed debt, turnaround and restructuring
investments on a global basis. Prior to joining HRJ Capital, he founded and was Head of the
US office of LGT Capital Partners. Mr Curis was previously based in LGT’s main office in
Zurich, Switzerland where he led over USD 1 billion of private equity fund commitments.
Prior to joining LGT, Mr Curis was with Pacific Corporate Group where he was responsible for
the evaluation, due diligence, negotiation and monitoring of private equity fund investments
on behalf of major institutional investors such as CalPERS, the State of Oregon and the State
of Washington.
Rory O’Neill, Managing Partner, CEO & CIO
TPG CREDIT MANAGEMENT
Mr O’Neill is the founding partner of TPG Credit Management (TPGC) and has overall
management responsibility for the firm including all investment and operational activities.
TPGC is a global distressed credit investment organisation with a focus on corporate
distressed opportunities and distressed assets. Prior to founding TPGC, Mr O’Neill was a
senior managing director of Cargill Value Investment (now CarVal) responsible for the
corporate distressed business.
To register: www.icbi-superinvestor.com • Tel +44 (0) 20 7017 7200 • Fax +44 ( 0) 20 7017 7807 • E info@icbi.co.uk
7

DAY
1&2
15.50
Distressed And Turnaround War Story – A Case Study In
Success
Mark Rachesky, President, MHR FUND MANAGEMENT
For biography please see above.
16.10
Title to be confirmed
Dominic Slade, Managing Partner, ALCHEMY PARTNERS
Dominic joined Alchemy as an Executive in 1998, made Partner in 2001 and was
appointed Managing Partner, Private Equity in 2007. In 2009 he was elected Managing
Partner of Alchemy. Dominic has led the majority of Alchemy's financial services
transactions and helped establish the Alchemy Special Opportunities Fund and the Indian
Development Capital Fund.
16.30 Afternoon Tea plus:
DEDICATED LP/GP “SPEED-NETWORKING”
Meet and match your fund with LPs
17.10
ACTIVE MANAGEMENT
Which Active Portfolio Company Management
Strategies Succeed? – How To Change The Operating
Earnings Of A Business Post Acquisition
Moderator: Richard Green, Chairman, AUGUST EQUITY
Richard co-founded August Equity in 2001. He is now chairman of the firm and chairs its
Investment Committee. He previously spent 13 years at Kleinwort Benson (latterly Dresdner
Kleinwort Benson) where he started his private equity career. Prior to that, Richard spent
five years with Coopers and Lybrand where he qualified as a Chartered Accountant. Richard
is a vice chairman of the Corporate Finance Faculty of the Institute of Chartered
Accountants in England and Wales. Richard is a past chairman of the British Venture Capital
Association and still represents August Equity on the BVCA’s Mid Market Committee.
Michael Winslow, Founding Partner, THE NEWDAWN PARTNERSHIP
The NewDawn Partnership is a unique Business Advisory Service focused on delivering
operational improvements in the Sales & Purchasing aspects of a business, in order to
maximise its profitability and value. Michael has extensive experience in
telecommunications, construction, healthcare, and the rubber industry and a career
spanning more than 30 years, much of which has been at Board level driving real change in
performance. He has worked in the Public Sector for the NHS and Royal Ordnance. Michael
has developed and led purchasing and supply chain teams that became recognised as
excellent leaders in their field, and have delivered many innovative solutions, coupled with
substantial financial benefits to those organisations such as Cable & Wireless, Molson
Coors, Sandvik, Lloyds TSB, Royal Mail Group and Centrica.
Walter Butler, Managing Partner, BUTLER CAPITAL PARTNERS
Butler Capital Partners is a leading European turnaround and distressed investing firm based
in Paris, which invests in special situations such as turnarounds or workouts. In the special
situations area, the firm has a long standing expertise in successfully turning around
European companies. Prior to founding Butler Capital Partners in 1991, Walter Butler was an
Executive Director of Goldman Sachs in New York. From 1986 to 1998, he was in charge of
privatisation in the media sector, within the French Government. Walter Butler sits on the
Board of several European companies and is member of the Advisory Board of the French
Sovereign Fund (Fonds Strategique d’Investissement ( FSI).”
Fabio Sattin, Chairman & Founding Partner
PRIVATE EQUITY PARTNERS
Fabio Sattin was Chairman of the EVCA from 1993-1994; from 1990-2006 member of the
board of AIFI (the Italian Private Equity and Venture Capital Association); from 1995-1997
Chairman of the Supervisory Board of the Chase Gemina Polska Sp z oo (Warsaw); 1996-
2003 member of the Supervisory Board of the Slovak Post Privatisation Fund (Bratislava),
representing the EBRD; 2000-2006 member of the Advisory Committee of the Italian
Stock Exchange; and since 2006 member of the UE Expert Group on PE &VC. He is
Professor of Private Equity and Venture Capital at Bocconi University, Milan and previously
held courses at Ca’ Foscari University of Venice, LIUC University and CUOA. In 2009 he
was granted the “Cafoscarino of the year 2008” award by ALUC – Association of Venice
Ca’ Foscari Graduates. He is Co-author of “Private Equity and Venture Capital”, the officially
adopted text by many university and MBA courses in Italy, now at its fourth edition and
author of many publications in Italy and abroad.
Laurent Ganem, Founder & Managing Director, G SQUARE CAPITAL
Laurent founded G Square in 2007. He started his career at Baxter International in the US.
In 1988, in association with a French public university he founded and managed OVI, a
private company specialised in life science technology transfers, and consulting. In 1994,
he joined Paris-based Apax Partners as Partner in charge of developing the healthcare
investment practice. He carried out numerous investments in Europe and in the US,
ranging from early stage to growth and buy-outs, as well as exits (including IPOs on
European and US stock markets). He was a member of the Investment Committee and
the Operating Committee of Apax Partners.
Dominic Slade, Managing Partner, ALCHEMY PARTNERS
For biography please see above.
17.55
MID MARKET DEALS
How Can You Differentiate Yourself To Demonstrate You
Are Adding Value In A Brutally Competitive Mid Market
Environment? What Can GPs Do To Win Deals, Now
Upper Mid Market Firms Have Moved Into The Space?
Moderator: Rod Richards, Managing Partner
GRAPHITE CAPITAL MANAGEMENT
Rod is Managing Partner of Graphite Capital, a mid-market private equity group, with funds
under management of £1.2 billion. Graphite is both a direct investor in mid-market UK buyouts
and manages an investment trust listed on the London Stock Exchange investing in
funds managed by third parties. In 2007 Graphite raised a £550 million fund investing in
UK mid-market buy-outs which is 25% invested. Rod joined Graphite in 1986 and has been
Managing Partner for the last twelve years, leading the Management Buy-Out of Graphite
from F&C in 2001. Prior to joining Graphite Rod was a consultant for McKinsey & Co
having previously worked for Bell & Howell Limited.
Jennifer Dunstan, Partner, Fund Investor Relations, 3I INVESTMENTS
Prior to this, Jennifer was a Partner in the UK Buyouts team and Head of Consumer in the
UK. Since joining 3i in June 2005 she has co-led the acquisition of the Mayborn Group and
co-led the take privates of Telecity Group and Redbus to create TelecityRedbus. In
November 2007 she was responsible for the acquisition of Agent Provocateur. She currently
sits on the boards of Mayborn and Hobbs. Prior to joining 3i Jennifer spent nine years at
Terra Firma Capital Partners and Nomura’s Principal Finance Group (PFG), where she was
Managing Director. In addition to numerous portfolio responsibilities, major deals that she
led there include the privatisation of Angel Train Contracts and acquisition of Inn Partnership.
Javier Loizaga, Chairman, MERCAPITAL
Javier Loizaga joined Mercapital in 1991. He previously worked as Investment Director at the
Compagnie de Suez in Paris and before that, he held a position as Senior Consultant at the
Information and Management Consultancy Division of Arthur Andersen & Co. in Madrid.
Javier Loizaga has held relevant positions in EVCA (European Venture Capital Association)
becoming Chairman in 2006-2007 as well as in the Spanish Association of Venture Capital
(ASCRI in its Spanish acronym) being appointed President in 1995. He is also a member of
the Advisory Council to INSEAD in Spain.
Jonathan Meeks, Managing Director, TA ASSOCIATES
John focuses on investments in growth companies in Europe, India and other emerging
markets. He is a Director of AVG Technologies, eCircle, Fotolia Holdings, GlobeOp Financial
Services and Radialpoint. John also served on the Boards of Creditex, Lava Trading,
Monotype Imaging, Mythic Entertainment, OpenLink Financial and SmartStream
Technologies, and was actively involved in TA’s investments in Datek Online Holdings, Idea
Cellular and The Island ECN. Prior to joining TA in 1997, he was a Financial Analyst in the
Information Services Group at Robertson Stephens.
Kai Jordahl, Senior Partner, CAPMAN
Kai Jordahl is the Deputy Head of the Buyout team at CapMan, one of the leading
alternative asset managers in the Nordic countries and Russia. CapMan manages private
equity funds with €3.6 billion in total capital and has two business areas Private Equity and
Real Estate. With locations in Helsinki, Stockholm, Copenhagen, Oslo, Moscow and
Luxembourg, CapMan employs 150 people. Mr Jordahl joined CapMan in 2004 and he has
a key role in setting up and heading CapMan’s operations in Norway and in developing
CapMan’s extensive Active Ownership Program.
18.35
Q&A With
Ed Altman, Max L Heine Professor of Finance
NYU STERN SCHOOL OF BUSINESS
or
Champagne Roundtable Discussions
These consist of face-to-face informal discussions on topics or
questions of interest, at tables of about 10 hosted by SuperInvestor
speakers. Champagne is served throughout. Please choose from a
complete list published on the day, including:
• Investing In The Mid Market In The Netherlands –
Marc Staal, AAC Capital Partners
• Investor Relations –
Benjamin Ball
• Lower Mid Market: Attractiveness & Risk -
Philippe Roesch, AUDA INVESTMENT MANAGERS
• Regulatory Challenges - Including The Directive And US/UK
Regulation –
Arnaud David/Duncan Woollard, SJ BERWIN
• LP Activism –
Rhonda Ryan, PINEBRIDGE INVESTMENTS
• Advisory Boards –
Julian Knott, COGNETAS
• LP Allocations To PE And Fundraising: Which Funds Will / Won’t
Get Raised? –
Mark O’Hare, PREQIN
• Secondaries –
Carlo Pirzio-Biroli, DB PRIVATE EQUITY
• Fund Raising –
Kelly Deponte, PROBITAS PARTNERS
• Due Diligence –
Helen Steers, PANTHEON VENTURES
• Advisory Boards –
Jonny Maxwell, formerly ALLIANZ
• Emerging Markets –
Mounir Guen, MVISION
• Hedging Private Equity –
Kishore Kinsal, PEFOX
• Value Creation –
Juan Delgado-Moreira, HAMILTON LANE
19.35 Gala Networking Drinks Reception
07.25
End Investor-only Breakfast
Hosted by ILPA To be confirmed
08.00 Morning Coffee
08.25
Morning Chairman
Jon Moulton, Chairman, BETTER CAPITAL
Jon Moulton, Chairman of Better Capital, formerly Managing Partner of
Alchemy, a UK-based private equity firm, which invested over £2 billion
with an emphasis on dealing with troubled companies and distressed
debt. He is a Chartered Accountant, a CF and Fellow of the Institute for
Turnaround Professionals. Previously, he worked with Citicorp Venture
Capital in New York and London, Permira and Apax. He is a trustee of the
UK Stem Cell Foundation and an active angel investor. He is non-executive Chairman of
FinnCap, the stockbroker.
08.30
CREATORS OF ALPHA
Private Equity: Separating The Alpha Producers From The
Beta Grazers
Charles Baillie, Global Co-Head Alternative Investments
& Manager Selection, GOLDMAN SACHS
Charles is co-head of the Alternative Investments and Manager Selection
(AIMS) Group and co-head of the Global Portfolio Solutions (GPS) Group in
the Investment Management Division. The AIMS Group focuses on
evaluating and investing in leading private equity, hedge-fund and long-only
managers around the world, and represents the Private Equity Group,
Hedge Fund Strategies and Global Manager Strategies businesses. The GPS Group
focuses on customised asset allocation, risk management, portfolio construction and
investment advisory solutions for institutional and individual investors. Together, these
businesses represent over $100 billion in assets under management, with a team of over
250 professionals working internationally. Charles is a member of the Investment
Management Division Operating Committee, serves on each of the AIMS and GPS
investment committees.
08.55
17 & 18 November 2010
Main Conference
MAIN CONFERENCE DAY 2
18 November 2010
NEW ACTIVE MANAGEMENT
Steering Portfolio Companies And Motivating
Management Teams In A Tough Economic Environment –
What Has Been Learned And What Have Been The
Biggest Challenges?
Roberto Quarta
Chairman Europe & Operating Partner
CLAYTON DUBILIER & RICE
Mr Quarta has been with CD&R for nine years and is chairman of CD&R
Europe. Based in London, he plays the lead operating role for two
portfolio companies as chairman of the supervisory board of Rexel and
chairman of Italtel, helping the respective management teams drive key
operational and corporate initiatives. Previously, Mr Quarta led the successful
restructuring and reorganising of BBA Group, serving as chief executive officer from
1993 until 2001, and as chairman from 2001 until 2006. Mr Quarta also held various
senior leadership positions with BTR plc and served on the board of directors. He is a
non-executive director of BAE Systems plc and has served as a director of Azure
Dynamic Corp., PowerGen, plc and Equant NV. Mr. Quarta is a member of the INSEAD
Country Advisory Board.
Stuart Gent
Operating Partner
BAIN CAPITAL
Mr Gent joined Bain Capital in 2007 and is an Operating Partner. Prior to
joining, Mr Gent was Managing Director of Avis UK and a member of
the Avis Europe Executive Board. Previously, Mr Gent was a Partner at
Bain & Company where he worked in a variety of industries.
Jan Ståhlberg
Deputy CEO, Senior Partner
EQT PARTNERS
Mr Ståhlberg is deputy CEO of EQT Partners and was part of the original
team that founded EQT in 1994. Previously, Mr. Ståhlberg worked at
Ovako Steel, which he joined in 1985 and worked in various positions. In
1991, Mr Ståhlberg was appointed Senior Vice President of Finance and
member of the Executive Management of the Ovako Steel Group.
Chris Masterson
Chief Executive
MONTAGU PRIVATE EQUITY
Chris has over 20 years’ experience of investing in, and of managing
unquoted companies. He has worked in private equity since joining 3i in
1980. He joined HSBC Private Equity in 1991 and was responsible for a
number of deals including Innovex, Schaffner AG, Clydeport and T.M. Group.
He became Managing Director in 2000 and in 2003 led the Montagu Private Equity buyout
from HSBC where he is now Chief Executive
09.30
THE ECONOMY
Double Dip Or U-Shaped Recovery? Assessing The
Current Global Macroeconomic Environment And
Outlook For Consumer Demand Growth
Roger Bootle,
Founder & Managing Director
CAPITAL ECONOMICS, Author,
THE TROUBLE WITH MARKETS
“an economist unusually able to speak with authority -
because unlike most of his peers, Bootle spotted that the boom
was unsustainable."
Robert Peston, Business Editor, BBC
“Roger Bootle is one of the best interpreters of modern
capitalism around.”
Will Hutton, Executive Vice Chair, THE WORK FOUNDATION
“Roger Bootle is one of the top, practical economists in
the financial world but he is not afraid to tackle the bigger,
deeper questions around the future of capitalism, the role of
markets and government.”
Vince Cable MP, Business Secretary, UK
One of the City of London’s best-known economists, Roger Bootle runs the consultancy,
Capital Economics, which specialises in macroeconomics. He is also Economic Adviser to
Deloitte, a Specialist Adviser to the House of Commons Treasury Committee and an
Honorary Fellow of the Institute of Actuaries. He was formerly Group Chief Economist of
HSBC and, before the change of government, was appointed one of the Chancellor’s panel
of Independent Economic Advisers, the so-called “Wise Men”. Roger Bootle was formerly a
Lecturer in Economics at St Anne’s College, Oxford and most of his subsequent career has
been spent in the City of London. He has written many articles and several books on
monetary economics. Roger’s latest book, The Trouble with Markets, analyses the deep
causes of the recent financial crisis and discusses the threats to capitalism arising from it. His
previous book, Money for Nothing, correctly anticipated the financial crisis and has been
widely acclaimed. This followed the success of The Death of Inflation, published in 1996,
which became a best-seller and was subsequently translated into nine languages. Initially
dismissed as extreme, The Death of Inflation is now widely recognised as prophetic. Roger is
also joint author of the book Theory of Money, and author of Index-Linked Gilts. Roger is a
regular columnist for The Daily Telegraph and appears frequently on television and radio.
10.15 Coffee
10.45
REGULATION
Assessing Recent And Forthcoming Changes To The
Global Regulatory Landscape – Examining The Burden
Of Compliance, The Impact On Cross-Border Investing
And How It Will Affect GPs And LPs
Moderator: Josh Lerner
Jacob H Schiff Professor of Investment Banking
HARVARD BUSINESS SCHOOL
Josh Lerner’s position is a joint appointment in the Finance and the
Entrepreneurial Management Areas. He graduated from Yale College with a
Special Divisional Major that combined physics with the history of technology.
He worked for several years on issues concerning technological innovation
and public policy, at the Brookings Institution, for a public-private task force in Chicago, and
on Capitol Hill. He then earned a PhD from Harvard's Economics Department. Much of his
research focuses on the structure and role of venture capital and private equity organisations.
(This research is collected in three books, The Venture Capital Cycle, The Money of Invention,
and the recent Boulevard of Broken Dreams.) He founded, raised funding for, and organises
two groups at the National Bureau of Economic Research: Entrepreneurship and Innovation
Policy and the Economy. He is a member of a number of other NBER groups and serves as
co-editor of their publication, Innovation Policy and the Economy. In recent years his course,
"Venture Capital and Private Equity" has consistently been one of the largest elective MBA
courses at Harvard Business School. He also teaches a doctoral course on entrepreneurship
and in the Owners-Presidents-Managers Program, and organises an annual executive course
on private equity in Boston and Beijing. He has led an international team of scholars in a
multi-year study of the economic impact of private equity for the World Economic Forum. He
is the winner of the 2010 Global Entrepreneurship Research Award.
Urs Wietlisbach
Partner & Executive Vice Chairman
PARTNERS GROUP
Urs Wietlisbach is a founding Partner of Partners Group, serves as an
Executive Vice Chairman, and is a member of the business development
committee. He is also a member of the global portfolio investment
committee. He was initially responsible for the firm's partnership investment
activities and was instrumental in building Partners Group's private equity funds portfolio
and a global industry network. Later, he also focused on business development
responsibilities, first in Europe, and subsequently in the US and the Asia-Pacific region. Prior
to founding Partners Group, he was an executive director at Goldman Sachs where, after
assignments in London and New York, he was appointed head of the firm's institutional
clients business in Switzerland.
Didier Millerot, Deputy Head of Unit, Asset
Management, DG Internal Market & Services
EUROPEAN COMMISSION
Didier Millerot has been Deputy Head of the Asset Management unit,
Directorate General for the Internal Market and Service at the EC
Commission since September 2007. His particular responsibilities include
the conception, negotiation and implementation of EU asset management
legislation (UCITS, AIFM). From 2002 to 2007, he was legal advisor working on better
regulation issues in Directorate General Internal Market. Before that, from 1997 to 2002,
he worked as a case - handler, working on the free movement of goods in DG Internal
Market. And from 1994 to 1997, Didier served as International officer in DG Employment,
which included relations with the EEA. He is a lawyer by training with French and
Belgian nationalities.
Richard Wilson, Senior Partner
APAX PARTNERS, Chair, EVCA
Richard Wilson has followed a career in private equity since 1995, when he
joined Apax Partners from INSEAD. Initially he invested in venture and
growth capital deals, then focused on buyouts, leading the Tech and
Telecoms sector team globally and sitting on Apax's Investment, Exit and
Portfolio Committees. Recent deals included Inmarsat, the satellite
services provider; TDC, the Danish telecoms incumbent; and Weather investments, the
mobile network operator. He also served on the boards of a number of portfolio
companies.Richard changed roles in 2009 and now chairs Apax's Tech & Telecom Advisory
Board, is the Chairman of the European Venture Capital and Private Equity Association
(EVCA), is a Council Member of the British Venture Capital and Private Equity Association
(BVCA), and chairs the BVCA's Research Advisory Board. He is a member of the Investment
Committee of Gonville & Caius College, Cambridge and a Trustee of the Apax Foundation.
Katharina Lichtner
Managing Director & Head of Research
CAPITAL DYNAMICS
Katharina has been instrumental in developing the investment and postinvestment
monitoring skills of Capital Dynamics. Katharina is a member
of the board of directors of Capital Dynamics as well as a member of
the Executive Committee. She is also a board member of the
International Private Equity and Venture Capital Board as a representative of the
(EVCA) European Private Equity and Venture Capital Association. Previously, Katharina
was a consultant at McKinsey & Company.
8
For latest programme or to register, please visit www.icbi-superinvestor.com

DAY
2
11.25
THE NEW “NORMAL”
What Is The New “Normal” In Private Equity And Where
Do We Go From Here?
Guy Hands, Chairman & CIO, TERRA FIRMA
Guy Hands is Terra Firma's Founder and sits on the General Partners’
boards. He started his career with Goldman Sachs International where he
went on to become Head of Eurobond Trading and then Head of Goldman
Sachs’ Global Asset Structuring Group. Guy left Goldman’s in 1994 to
establish the Principal Finance Group (PFG) at Nomura International plc
which acquired 15 businesses with an aggregate enterprise value of €20
billion. Guy led the spin out of PFG to form Terra Firma in 2002. Guy was elected a Global
Leader of Tomorrow of the World Economic Forum in 2000 in recognition of his
achievements. He is a Bancroft Fellow of Mansfield College, Oxford and a member of the
University of Oxford Chancellor’s Court of Benefactors. Additionally, Guy is a Fellow of the
Duke of Edinburgh’s Award Scheme.
11.55
LEADERSHIP INTERVIEW
Greg Brenneman, Chairman
CCMP CAPITAL ADVISORS
Greg Brenneman is a member of the firm’s Investment Committee. He plays
an active leadership role in executing the firm’s overall strategy while
remaining actively engaged in completing transactions, developing strategies
and coaching the senior management of CCMP’s portfolio companies. Mr
Brenneman most recently served as CEO and President of Quiznos, one of
the nation's fastest-growing quick service restaurant chains where he led
growth strategies for the brand. Prior to Quiznos, Mr Brenneman was Chairman and CEO of
Burger King Corporation where he helped to lead company’s turnaround, with a nearly
tripling of average profits per restaurant. Prior to this in 2002 Mr Brenneman was named
President and CEO of PwC Consulting where his restructuring led to a strategic sale to
IBM, for over $3.5 billion, nearly double the anticipated IPO value and resulting in the
creation of the then largest IT services business in the world. Mr Brenneman joined
Continental Airlines in 1995 as President, COO and Board Member and helped lead the
airline’s 53,000 employees as they completed one of the most dramatic turnarounds in US
business history. In 1994 he founded Turnworks, his personal turnarounds investment firm,
before which he a Vice President for Bain and Co.
12.25
WHO WILL SURVIVE?
Who Is Really Sustainable In European Private Equity?
Which GPs Will Still Be Here In Five Years' Time?
Chairman: Jeremy Coller, CIO, COLLER CAPITAL
Jeremy Coller founded the business in 1990. Prior to this, Jeremy spent
five years at Imperial Chemical Industries (ICI) Investment Management,
where he pioneered the acquisition of private equity secondaries. He
began his career as a public equities investment analyst at Fidelity
International Investment Management in London. In 2009, Jeremy won
PEI’s ‘Private Equity Leader’ award, and was recently voted one of the
three most influential people in private equity by both Financial News
and Real Deals magazines.
John Hess, CEO, ALTIUS ASSOCIATES
John Hess is a co-founder of Altius and has grown Altius from start-up
to a global firm with over $19 billion under advice and management,
with offices in London, Richmond VA and Singapore; and 32
professionals. Mr Hess has been involved in the financial services
sector for 35 years, focusing on private equity for 25 years.
His experience in private equity ranges from assisting general partners
with fund formation to fundraising, as well as to providing advice on
private equity asset allocation and manager selection.
Maarten Vervoort, Partner Fund Investments Europe
ALPINVEST PARTNERS
AlpInvest Partners is a leading global private equity investor with over
€ 40 billion of capital raised and committed to the asset class. Maarten is
responsible for the European, Middle East and African Fund program.
Furthermore he is voting member of the Global Investment Committee.
Maarten joined AlpInvest Partners in 1999 from PricewaterhouseCoopers
Management Consultants (PWC).
Adalbjorn Stefansson
Head of Buyout Fund Investments
SKANDIA LIFE
Skandia Life is a Swedish provider of pension savings solutions with
AUM of EUR 30 billion. Skandia Life has a target allocation of 10% to
private equity; 8% to buyouts and 2% to venture capital. Prior to joining
Skandia Life, Adalbjörn was Head of Private Equity at Länsförsäkringar
Liv, another Swedish institutional investor. He started his career as a strategy
consultant for the Boston Consulting Group in Stockholm.
Christophe Bavière, CEO and Managing Partner
IDINVEST PARTNERS
Christophe Bavière joined the company in January 2001 as head of Fund
of Fund investments. He became CEO of Idinvest Partners in July 2001.
Idinvest Partners spun off from Allianz in May 2010. Idinvest Partners is a
leading French PE firm in Europe and manages over 2.5 billion euros of
assets. Mr Bavière actively heads all investment activities and chairs all
Investment Committees. Prior to joining Idinvest Partners, Mr Bavière held senior
positions within Allianz Group, as Head of Fixed Income with €20 bn under
management (1990-1998) and Head of Balanced Portfolio Management with €45 bn
under management (1998-2001). In this regard, he was instrumental in introducing
private equity as a separate asset class within the balanced portfolios. He also
sponsored the creation of the Fund of Fund business unit at his arrival at Idinvest
Partners. Christophe Bavière is President of the Private Equity Commission at AFG,
French Asset Management professional association. He also chairs the FCPI
committee. From 2004 to 2008, Christophe Bavière attended the board of AFIC, the
French private equity professional association, where he was President of the Legal
and Tax Commission. Christophe also advises the "General Secretariat of National
Defense" on economic intelligence topics. He was elected "PE Personality of the year"
at the Capital Finance awards in 2007 by Capital Finance and Les Echos.
13.05 Lunch
Featuring VIP Lunch Tables &
Q&A with Roger Bootle, Founder & Managing Director
CAPITAL ECONOMICS, Author, THE TROUBLE WITH MARKETS
14.30
DOWN-CYLCE OPPORTUNITY?
Whatever Happened To The Great Opportunity At The
Bottom Of The Cycle – Will It Ever Arrive?
Moderator:
John Singer, Chairman
ADVENT INTERNATIONAL EUROPE
John came into the private equity industry almost twenty-five years ago via
an education of corporate finance in merchant banking, strategic consulting
world-wide with McKinsey and several years of carrying out turn rounds in
a wide variety of industrial and service businesses, including quoted
companies. In 1993 John was Chairman of the European Venture Capital Association and
continues to work closely with it on committees. He also moved to Advent International
in that year where he is now Chairman of Advent International Europe, and therefore
continuing to invest throughout the European Continent including the UK with a focus on
the business services and media sectors.
Stefan Hepp, Founder & CEO
SCM STRATEGIC CAPITAL MANAGEMENT
Previously to joining SCM, Dr Hepp was with Salomon Brothers and
Morgan Stanley in London and Zurich. Most recently he was a member
of the executive board of Morgan Stanley Switzerland, where he was
responsible for institutional clients. He serves as a consultant to major
pension funds as well as the World Bank and is a member of the
examination board of the Schweizer Fachschule für Personalvorsorge, an
institution that offers the Swiss diploma for pension fund managers.
P Olivier Sarkozy, Managing Director
THE CARLYLE GROUP
Mr Sarkozy is head of the investment team at Carlyle Global Financial
Services Partners. Since joining Carlyle, Mr Sarkozy and his team have looked
at over 100 potential investment opportunities, closing one transaction, an
approximately $75mm investment in Boston Private Financial Holdings, a
private banking and asset management depository institution with operations
throughout the United States. In addition, Mr Sarkozy and his team are in the process of
developing and launching a new asset management business aimed at addressing the
needs of the bank-owned life insurance market. Prior to joining Carlyle, Mr Sarkozy was
Global Co-Head of the Financial Institutions Group at UBS Investment Bank, where he
worked on many of the largest mergers in the US financial industry. He joined UBS in
January of 2003, after spending 11 years at Credit Suisse First Boston.
Rod Richards
Managing Partner
GRAPHITE CAPITAL
For biography please see page 8.
Tom Attwood, Managing Director, ICG
Tom is Chairman of the Executive Committee and on the board of
Intermediate Capital Managers Limited, ICG’s fund management subsidiary.
He is also a member of the Investment Committees and is responsible for
the company’s fund investors. Prior to joining ICG in 1996, Tom worked with
ICG’s founders in raising the initial equity for the company in 1989 and then
served as a non-Executive Director on ICG’s board of directors from 1993
onwards. Previously, Tom was a Director of James Capel & Co for eight years where he was
responsible for the growth of their IPO business and, in particular, LBO floatations in the
European market.
15.10
PRIVATE EQUITY MODEL
Assessing How The PE Model Will Transform - To What
Extent Is The Current Downturn Cyclical Or More
Fundamental, And What Will Be The Critical Changes?
Moderator: Thomas Pütter, Former CEO and Chairman
ALLIANZ CAPITAL PARTNERS
Thomas Pütter is formerly Chairman Allianz Capital Partners (Allianz Group’s
entity for alternative asset investing - Munich / London) a post he held from
Sept 2009.1998 – 2009 he was Chief Executive of Allianz Capital Partners
Group. 2006 - 2009 he also was Managing Director, Allianz Alternative
Assets Holding GmbH. Prior to joining Allianz, he was Executive Director,
Goldman Sachs International, London 1992-1998 and Chief Financial Officer
of the Matuschka Group, 1988-1992. Prior to Matuschka Thomas held senior positions in
Investment Banking with Swiss Bank Corporation International and Deutsche Bank Capital
Markets. Since 2005, Thomas has been member of the Commission on Growth and
Innovation of CDU’s Economic Council. In 2006 Thomas participated as an observer in the
EU Commission’s Alternative Investment Funds Expert Group culminating in its report
published in July 2006. Between 2005 and 2007 he served as Chairman of the German
Private Equity and Venture Capital Association. (BVK). In 2007 Thomas was invited onto the
Advisory Board for Environmental Technology of the German Ministry of the Environment.
Mark Redman, Senior Managing Director Europe
OMERS PRIVATE EQUITY
Mark has over 15 years of mid-market private equity experience across
the UK and Continental Europe, initially with Grant Thornton in London,
and then during more than 12 years with 3i. He spent seven years
building the firm’s new Amsterdam office, covering the Benelux region
and developed 3i’s market entry strategy for Turkey, before recently
joining OMERS Private Equity in 2009, where Mark is leading the development of a
direct investment capacity for OMERS in Europe.
Hugh Langmuir
Managing Partner
CINVEN
Hugh joined Cinven in 1991 and became Managing Partner in 2009.
He has been involved in a number of transactions at Cinven including
Amadeus, Aprovia, MediMedia, Coor and Camaieu. Before joining
Cinven, Hugh worked at Bain & Company and Citi in London and Paris.
Jan Johan Kühl, Managing Partner
POLARIS PRIVATE EQUITY
Jan Johan Kühl joined Polaris as managing partner in April 2007. Prior to
joining Polaris, he was a Group Director at Icopal, where he started in
2000. He was previously employed as Equity Analyst with Gudme
Raaschou Investment Bank (1989-1993), as a Project Manager with
strategy consultants Aarsø Nielsen & Partners (1993-1995) and as CEO
of Monarflex (1995-2000).
Uli Grabenwarter, Former Head Equity Fund Investments
EUROPEAN INVESTMENT FUND
Uli Grabenwarter is currently working on an 18 month research project on
responsible investing in private equity and VC in collaboration with IESE
Business School and a family offices foundation. Prior to his work at the
European Investment Fund, Uli worked at the European Investment Bank
and at PriceWaterhouseCoopers. He is author of the book “Exposed to the
J-Curve: Understanding and Managing Private Equity Fund Investments.”
15.50 Afternoon Tea
With DEDICATED LP/GP SPEED NETWORKING
Meet and match your fund with LPs.
16.20
18 November 2010
Main Conference
Stream A
China, Lower Mid Market & Central & Eastern Europe
CENTRAL & EASTERN EUROPE
Twenty Years Of Private Equity In Central And Eastern
Europe
Moderator:
Robert Manz, Managing Partner & Board Member
ENTERPRISE INVESTORS
Enterprise Investors is a leading private equity and venture capital fund management
company in Central and Eastern Europe which has invested €1.3 billion in 120 companies
in the region. Mr Manz is one of the longest-active professionals in the private equity
industry in CEE, with twenty years investment experience. Mr Manz joined Enterprise
Investors as one of its first investment professionals in 1990 and he has made
investments in the areas of pharmaceuticals, telecommunications, retailing, internet,
printing, consumer banking, packaging, chemicals, and other industries. Mr Manz is also
the President of the Polish Private Equity Association. Since 2003, he has been
Chairman of the Central and Eastern Europe Task Force of the European Private Equity
and Venture Capital Association (EVCA). Between 1999 and 2003, Mr Manz was a
member of the Board of Directors of EVCA.
Joanna James, Managing Director, ADVENT INTERNATIONAL
Joanna James is Co-Head of Advent's investment activities in Central and Eastern
Europe. She has over 25 years of private equity experience, with a strong focus on
buyouts and growth equity investments. Prior to joining Advent, Joanna worked for
Kleinwort Benson Development Capital, where she was responsible for investments in
the U.K. and also developed the firm's private equity activity in Spain. She began her
career with 3i, the UK's largest venture capital firm.
Henry Potter, Partner Investments, ALPHA ASSOCIATES
Henry Potter joined Alpha Associates in September 2008 from the European Bank for
Reconstruction and Development (EBRD) in London. Henry is responsible for raising
and investing Alpha's private equity funds of funds in eastern Europe. He has
extensive experience investing in primary fund investments, secondary fund
investments, and direct private equity investments in the region. Before joining Alpha,
Henry worked at the EBRD for 14 years and was responsible for a number of fund and
direct investments into financial institutions and companies in Central & Eastern
Europe and Russia/CIS. As Senior Banker, he helped to build EBRD's private equity
funds investment program into the largest in the region.
David Lindstrom, Managing Director
METLIFE INVESTMENTS
For biography please see page 2.
Ludwik Sabolewski, President
WARSAW STOCK EXCHANGE
Ludwik Sobolewski started his career at the Law and Administration Faculty of the
Jagiellonian University progressing on to become Advisor to the Minister, Head of the
Office of the Council of Ministers of the Republic of Poland from September and
Director of the Organizational Department. In May 1994, he became Advisor to the
Management Board of the Warsaw Stock Exchange. And he has been President of the
Warsaw Stock Exchange and CEO since 28 June 2006. From June 2006 to June 2008
he was Chairman of the Supervisory Board of the National Depository for Securities,
and from June 2008 until today, Vice-Chairman of the Supervisory Board.
16.55
LOWER MID MARKET
Who Are The Real Success Stories In The Lower Mid
Market? – Exploiting Local Networks In Underserved
Sectors And Successful Strategy Differentiation In The
Small Cap Sector
Moderator:
Sasha van de Water, Managing Director
KEYHAVEN CAPITAL PARTNERS
Sasha van de Water is co-founder of Keyhaven Capital Partners, a London-based
independent boutique advisory and management company focused on providing a
quality product and service to a select number of institutional investors. Sasha has 16
years experience in the European private equity market, most recently at AXA
Investment Managers where she was Managing Director responsible for setting up
and developing the European private equity fund of funds programme. Prior to AXA,
she was with South Street Advisors and worked as a consultant for Cambridge
Associates in London and Boston.
Günther Skrzypek, Managing Partner, AUGUR CAPITAL
Günther Skrzypek has been Managing Partner of Augur Capital Group since 2003. Before
this he was responsible for the German business of AXA Investment Managers.
Besides, as a member of the global executive board he was directly responsible, among
others, for AXA IM Netherlands, and institutional transactions in northern Europe. From
1997 to 1998 he was responsible for Schroeder Investment Management’s assetmanagement
transactions in German speaking Europe as well as Eastern Europe. Before
this he was responsibile for the asset management business of JP Morgan for Germany
and Central Europe and was appointed to the European management board of JPMIM.
Lance Mansbridge, Managing Partner, BAY HILLS CAPITAL
Lance has over ten years of experience in private equity including fund investing, limited
partner advisory and secondary acquisitions. Prior to founding Bay Hills Capital, Lance
was a Vice President and Senior Private Equity Consultant with Strategic Investment
Solutions, Inc. (“SIS”) where he had lead private equity responsibility for numerous
clients including corporate and public pension plans, university endowments, trusts and
high net worth families.
Blair Jacobson, Partner, CITI PRIVATE EQUITY
Mr Jacobson is Managing Director within Citi Alternative Investments. He joined CPE in
January 2001 and moved to the UK in 2005 to establish CPE’s European presence. Mr
Jacobson is now responsible for managing CPE's EMEA business and runs CPE's London
office. He serves on the investment team of Citigroup Capital Partners II, a $3.3 billion
private equity fund; Citigroup Mezzanine Partners, a $700 million global subordinated debt
fund; and, Citi’s fund of fund businesses. Mr. Jacobson had prior investment banking and
M&A experience in a broad range of industries, most recently at Lehman Brothers.
17.30
CHINA
Exploiting China’s Vast Opportunity Set – Overcoming
The Challenge Of A Limited Number Of Managers With
Exiting Experience, Oversized Currency Funds And
Alignment Of Interest Issues
Moderator:
Ludvig Nilson, Managing Director
JADE INVEST
Jade Invest is an independent investment manager with an exclusive focus on private
equity fund and co-investments in mainland China. Founded in 2005, Jade Invest is
owned and managed by individuals with long experience and complementary
backgrounds in China’s private equity market, ranging from former general partners to
entrepreneurs and management consultants. Prior to co-founding Jade Invest, Ludvig
was a strategy consultant at PricewaterhouseCoopers where he focused on
commercial due diligence for private equity clients. Ludvig has spent over a decade in
China working for both local and international firms and is fluent in Mandarin.
Stuart Schonberger
Managing Director, Head of Investor Relations
CDH INVESTMENTS
Stuart Schonberger is one of the founding partners of CDH China Management
Company Limited (“CDH Investments”). He is the principal liaison between the
investment team and the firm’s nearly 100 global institutional investors and regularly
participates in investment team meetings. CDH Investments is an international US$3
billion alternative investment fund manager focused on China founded in 2002 with
offices in Hong Kong, Beijing, Shanghai and Shenzhen. Notable investments include
some of China’s leading companies, such as Mengniu Dairy, Focus Media and Belle
Company. Prior to the formation of CDH Investments, Schonberger was a Vice
President in China International Capital Corporation’s private equity group.
Gabriel Li
Managing Director & Investment Committee Member
ORCHID ASIA GROUP MANAGEMENT
Orchid Asia Group Management is a private equity firm which has been investing in
China and Asia for over the past 10 years. Gabriel Li led the first round investment in
Ctrip International and Eachnet (sold to EBAY) for Orchid Asia and is also currently the
Vice Chairman of the Board and Director of Ctrip International (NASDAQ: CTRP), the
largest travel reservation services company in China. Prior to Orchid Asia, Mr Li was a
Managing Director at the Carlyle Group in Hong Kong, overseeing Asian technology
investments. From 1997 to 2000, he was at Orchid Asia’s predecessor, where he
made numerous investments in China and North Asia. Previously, he was a
management consultant at McKinsey & Co in Hong Kong and Los Angeles.
Joe Zhou
Managing Partner
KEYTONE VENTURES
Joe Zhou is one of the most active and successful venture capitalists in China, with
strong expertise in the clean tech, technology, media and consumer sectors. He made
some of the first substantial venture investments in China in online gaming, payment,
TV home shopping and TV media. He was named a Top Ten Venture Capitalist by the
China Venture Capital Forum in 2000, 2001, 2005, 2006 and 2007, and VC of the Year in
2005 by Top Capital. While at Softbank China Venture Capital, he was significantly
involved in the investment in Shanda which today holds the record of the highest return
venture investment in terms of dollar amount in China. Joe was also involved in the
investment in Acorn International, the largest TV shopping company in China.
View from Hotel Crillon
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DAY
2&3
18 & 19 November 2010
Main Conference
16.20
EXITS
Will Exit Routes Be Significantly Different In Future? –
Where Will Realisations Come From And How Will The
Average Company Get To Liquidity?
Moderator:
Guy Semmens, Partner
ARGOS SODITC
Guy Semmens joined Argos Soditic in 1996 and heads the Swiss operations. In
addition to his primary investment role, he is also responsible for group investor
relations and fundraising. Before Argos Soditic, Guy was part of the management buyout
group at Clifford Chance and member the EVCA working committee that
formulated the "Reporting and Valuation Guidelines" for private equity firms. Argos
Soditic has won Swiss Private Equity House of the Year (Acq Magazine) 2008 and
Western European Private Equity House of the Year (Acq Magazine) 2009.
William Gilmore
Investment Director – Private Equity
SCOTTISH WIDOWS INVESTMENT PARTNERSHIP
William has 20 years’ experience in private equity and has been at Scottish Widows
Investment Partnership ( SWIP ) for ten. He heads up the private equity team, and is
responsible for making investments in private equity funds globally. The private equity
team manages more than £1.5bn in private equity commitments in over 100 fund
investments. William is also a member of the advisory committees of a number of
private equity funds and a member of BVCA’s Limited Partner Advisory Board. Prior to
joining SWIP in 2000, William worked for Murray Johnstone Private Equity for ten years,
starting as an investment manager before being promoted to investment director.
Wol Kolade
Managing Partner
ISIS
Wol joined ISIS in January 1993 and his role encompasses overall responsibility for the
strategic development of ISIS, and active involvement in investments. Wol initially
trained as an engineer and spent three years with Barclays in various head office roles
before joining ISIS. Wol is Chairman of the BVCA's - British Private Equity and Venture
Capital Association - Responsible Investment Advisory Board, that advises the BVCA
Council on how the industry should approach the important environmental, social
responsibility and governance agenda. He was previously Chairman of the BVCA in
2007, and a Council Member from 2002 - 2009. He is a non-executive Director of the
Social Finance Board and also a Governor and Council Member of the London School
of Economics and Political Science, chairing its Audit Committee.
Plus speaker to be confirmed.
16.55
WALL OF DEBT
How Will The Wall Of Debt Play Out In Terms Of Returns
And Ownership Relating To Deals Done 2/3 Years Ago
And What Are The Opportunities? How Big Is The Debt
Problem, How Will Banks And GPs Respond ?
Hans Albrecht
Founder & Partner
NORDWIND CAPITAL
Prior to founding Nordwind Capital, Hans was co-founder and co-head of Carlyle
Europe, the first non-American fund of The Carlyle Group. In this capacity, Hans has
invested € 347 million in four transactions. Even after leaving Carlyle in 2002, Hans
remained responsible in particular for the investments in Honsel and Messer Eutectic
Castolin. In the meantime, all these investments have returned two times the original
investment. Before co-founding Carlyle Europe Partners in 1997, Hans was managing
partner of IMM Industrie Management München, one of the leading German private
equity companies at that time, where he amongst others implemented a very
successful buy & build strategy in the office systems distribution area.
Ian Gilday
Managing Director, Head Leveraged Capital Markets Europe,
GOLDMAN SACHS
Ian is head of the European Syndicate and Leveraged Capital Markets desks. He
serves as a member of the firm's Credit Markets Capital Committee and joined
Goldman Sachs as a managing director in 2005. From 1999 to 2005, Ian was at Merrill
Lynch in Europe, initially running Loan and Mezzanine Capital Markets and latterly High
Yield. He became a managing director at Merrill Lynch in 2001. Prior to that, he ran the
Leveraged Loan Capital Markets business at Deutsche Bank. He began his banking
career in 1992 at NatWest Markets in Acquisition Finance and Syndication.
Robin Doumar, Managing Partner, PARK SQUARE CAPITAL
Park Square Capital is a leading independent provider of credit products in Europe,
managing and advising more than €2.5 billion of capital across its funds and coinvestments.
Robin has over 20 years experience in the global credit and private
equity markets. Prior to founding Park Square in 2004, Robin spent 15 years at
Goldman Sachs in New York and London, where he was Head of Workouts and
Restructurings, Head of European Leveraged Finance and Head of European
Mezzanine in the Principal Investment Area.
17.30
Stream B
EXITS, PORTFOLIO COMPANY DEBT &
“UNMENTIONABLES”
TABOO TOPICS
Analysing Unmentionable And Taboo Topics For The
Private Equity Industry
• Evaluating fees, succession, remuneration
• Analysing the coming wall of litigation – how will current and
upcoming legal actions impact GPs and LPs?
• Clients as competitors – how will public pension funds persuade
good people to work for them as GPs?
• Regulation
• Terms and conditions
Moderator: Jon Moulton, Chairman
BETTER CAPITAL
For biography please see page 8.
Marleen Groen, CEO
GREENPARK CAPITAL
For biography please see page 3.
Charlie Troup, Partner
DUKE STREET
Charlie Troup joined Duke Street as a Partner in 2006 and has worked on a number of
recent deals including leading the acquisition and restructuring of SandpiperCI. He
came to Duke Street from Permira which he joined in 1995, becoming a partner in
2001. While there he worked on a range of transactions including TGE, Memec,
Inmarsat and the AA. Before Permira, Charlie spent two years with HSBC Private
Equity (now Montagu Private Equity) on secondment from Deloitte and Touche
Corporate Finance where he was a senior manager specialising in raising private
equity for MBI/MBO deals.
Hans Albrecht, Founder & Partner
NORDWIND CAPITAL
For biography please see above.
Josh Lerner, Jacob H Schiff Professor of Investment Banking
HARVARD BUSINESS SCHOOL
For biography please see page 8.
16.20 - 18.20
STRATEGY & PRACTICE
A Toolbox For Adapting Your Private Equity Business To
The New World
Chaired by:
Simon Thornton, Managing Director, PEARONLINE
For biography please see page 2.
Besides hearing from speakers in topical panel sessions, participants
will themselves take part in interactive roundtable discussions, led by
panellists, which feed into further debate. This is interactive learning,
on critical subjects, at its very best.
Back after its much-lauded launch in 2009, this single-module stream
will give invaluable practical insights into the development of private
equity firms. The objective is to give delegates useable help in thinking
about how they address the impact of the downturn in private equity
markets on the development of their firms. To achieve this, the Strategy
and Practice stream will alternate three 20 minute panel discussions
with three 20 minute roundtables. Each of the speakers/moderators will
lead a small roundtable discussion after each panel.
16.20 – 16.40 Panel
16.40 – 17.00 Roundtable Discussion
1. Prospects For Selling Your Current Strategy To
(Cynical, Overworked And Capital-Constrained) LPs
• Fund raising prospects in a competitive environment
• Maintaining existing investor loyalty and standing out in the search
for new investors
• Alternative fund structures and funding sources
Moderator: Peter Flynn, Founder, CANDELA CAPITAL
Pete Flynn has 24 years’ experience in the City and in Finance. Pete started his own
placement firm, Candela Capital, in 2003 and since then has helped clients raise over
$1bn of assets. The firm focuses on smaller clients in private equity, venture capital
and real assets. Prior to Candela Capital, he worked at Pantheon Ventures,
InvestorForce, Flemings and Rothschild.
Christiian Marriott, Investor Relations Director
BARCLAYS PRIVATE EQUITY
Christiian Marriott is responsible for Fund Raising and Investor Relations. Before
joining Barclays Private Equity in 2007, Christiian was Investor Relations Director for
Mezzanine Management, with responsibility for structuring and marketing mezzanine
funds investing across Europe and in the US. Christiian began his career in 1992 as a
financial journalist for Acquisitions Monthly, where he became Deputy Editor. He
subsequently joined Campbell Lutyens, where he worked on a range of private equity
advisory assignments, including direct investments and fundraisings for buy-out,
venture and mezzanine funds.
Michael Hewett, Head of Investor Relations, TERRA FIRMA
Michael is Investor Relations Director for Europe, Middle East and Australia. Prior to
joining Terra Firma in 2004, Michael was Principal and Director at Atlantic Pacific
Capital. He was previously Vice President, Private Equity Group at Morgan Stanley.
Rob Wright, Partner, PANTHEON VENTURES
Rob Wright joined Pantheon Ventures in 1993 and has17 years of private equity
experience. He is a senior member of Pantheon’s European primary investment team,
with a particular focus on portfolio management and client reporting. Rob has more
than 25 years’ experience in the financial services industry. Before joining Pantheon in
1993, he was finance director of a mortgage and financial services company and prior
to that he ran a money market fund.
17.00 – 17.20 Panel
17.20 – 17.40 Roundtable Discussion
2. Adapting Your Investment Strategy To The LP Famine
• Executing current strategy with smaller funds
• New investment approaches to capitalise on the existing
environment
• Rethinking value drivers in the private equity cycle
Moderator:
Jan Moulijn, Consultant
INDURO ADVICE
Jan Moulijn is an independent consultant advising investment firms and institutional
investors on private equity related issues. Previously, Jan worked for AlpInvest
Partners/Taros Capital. Before he was co-founder of Waterland Private Equity Investments
and prior to this, he oversaw the private equity investments for Shell Pensionfund. Jan has
been board member of EVCA and the Dutch Venture Capital Association (NVP).
Mark Boyle, Director Private Equity Funds
NORTHWESTERN MUTUAL CAPITAL
For biography please see page 2.
Janet Brooks, Managing Director
MONUMENT GROUP
Ms Brooks joined Monument Group (UK) in 2007. Prior to this she was a Director and
board member of ECI Partners. During her 15 years at ECI, Ms Brooks oversaw the
successful fundraising of four institutional funds and also developed ECI’s firm-wide
marketing strategies for deal flow, investor relations, and general strategic direction.
She is currently a member of the British Venture Capital Association’s Investor
Relations Committee, and has previously served in a similar capacity for the European
Venture Capital Association.
17.40 – 18.00 Panel
18.00 – 18.20 Roundtable Discussion
3. Ensuring Your Team's Optimum Size And Structure To
Survive And Prosper
• Refining investment teams to execute revised strategies
• Sharing potentially smaller economics
• Managing internal and external transitions
Moderator:
Lucy Nicholls
Partner
GRAPHITE CAPITAL MANAGEMENT
Lucy joined Graphite Capital in 2009 as a Partner of the fund investment team. She
had previously worked for ten years in the private equity fund of funds sector, most
recently with Adams Street Partners and, prior to that, with Pantheon Ventures. She
holds a degree in Modern Languages from Durham University.
Grant Roberts
Co-Head Private Equity Advisory
RICHMOND PARK PARTNERS
Grant serves as Co-Head of Richmond Park’s Private Equity Advisory. He has more
than 14 years of private equity industry experience. Prior to joining Richmond Park,
Grant co-founded Newgate CSP, a specialist private equity advisory and investment
business, having previously been at 3i plc. Throughout his career, Grant has worked
with leading fund managers and institutional investors and advised on some of the
more complex and innovative transactions involving raising funds, secondary
transactions and M&A/strategic advisory.
Rachel Wood
Co-Founder
AMALA PARTNERS
Rachel co-founded Amala in 2008, having previously been a Managing Director at
Helix Associates. During her seven years there, Rachel advised and raised capital for
many private equity firms including GB Deutschland, Piper Private Equity, Graphite
Capital, Exponent Private Equity and Quadriga Capital.
18.20
Champagne Roundtable Discussions
These consist of face-to-face informal discussions on topics or questions
of interest, at tables of about 10 hosted by SuperInvestor speakers.
Champagne is served throughout. Please choose from a complete list
published on the day, including:
• VC in Europe as an Asset Class
Ralph Guenther, BMP
• Value Creation
Stuart Gent, BAIN CAPITAL
• Allocation to Private Equity
Thomas Pütter, formerly ALLIANZ
• Distressed Investing
Jon Moulton, BETTER CAPITAL
• Risk & Return
Josh Lerner, HARVARD BUSINESS SCHOOL
• Which Funds Will / Won’t Get Raised
Guy Semmens,ARGOS SODITIC
• Terms & Conditions
Maarten Vervoort, ALPINVEST
• Advisory Boards
Billy Gilmore, SWIP
• Lower Mid Market/Growth Capital
Wol Kolade, ISIS
• Opportunities at the Bottom of the Cycle
Sasha van de Water, KEYHAVEN
• Title to be confirmed
Hans Albrecht, NORWIND
• LPs’ Capacity to Invest
Stefan Hepp, SCM
• Emerging Markets & Risk – Scott Foushee, PINEBRIDGE
19.30
Gala Networking Drinks Reception For Speakers &
Delegates At The Magnificent And Historic Hotel Crillon.
08.00 Morning Coffee
08.25
Chairman
Vince O’Brien, Director, MONTAGU PRIVATE EQUITY
Vince O’Brien is a director of Montagu Private Equity and has worked in
the private equity industry for over 20 years. A member of Montagu’s
management and investment committees, he is currently responsible for
all aspects of Montagu’s investor relations and fundraising activities.
Prior to joining Montagu in 1993 he worked as a corporate finance
advisor with Coopers & Lybrand, focusing on advising management
teams looking to lead buyouts. Montagu Private Equity invests primarily
in management buyouts of companies operating across a wide range of industries in
the UK, France, Germany and the Nordic region. Vince is also a former Chairman of
the British Venture Capital Association.
08.30
ALLOCATION – NEW RESEARCH
Private Equity And Asset Allocation: Does Private Equity
Really Enhance Performance And Reduce Risk In An
Institutional Portfolio - 10 Year Case Study
Hanspeter Bader
Managing Director, Head of Private Equity
UNIGESTION
Hanspeter Bader, CFA, is Head of Unigestion's Private Equity
department. He is responsible for investment strategy, asset allocation
and business development. Prior to joining Unigestion in 1999, Dr Bader
spent 10 years with UBS in Switzerland and the UK, involved particularly
in private equity and leveraged finance. He was Finance Director of
UBS’s European private equity business. His thesis “Private Equity as an Asset Class
for Institutional Investors” has been published in Germany, Austria and Switzerland. Dr
Bader is also a member of Unigestion’s Private Equity Investment Committee.
08.50
Hotel Crillon
MAIN CONFERENCE DAY 3
19 November 2010
ALLOCATION TO PRIVATE EQUITY
Private Equity Assets In An Overall Allocation – To What
Extent Is The Substantial Premium Of Investing In PE
Justified, Relative To Other Markets? How Should LPs
Modify Their Allocation To Private Equity Post Crisis?
Moderator: Christopher Hunter, Managing Director
CAMBRIDGE ASSOCIATES
Based for five years in the London office, after four years in Boston,
Christopher works with a number of university, foundation, hospital,
private and corporate pension fund clients based in the US, UK,
Switzerland, Italy and Middle East ranging in size from £130 million to
over £15 billion. Christopher is also part of the firm’s Ex-US Private
Equity and US Private Equity Research Committees. Highlights from
Christopher’s recent work include advising on all aspects of private equity programme
construction including manager selection and portfolio monitoring and various fund
due diligence projects. Prior to joining Cambridge Associates in 2000, Christopher
worked at Endeavor Corporation, a start-up consulting firm and at Ernst & Young
specialising in economic litigation consulting, bankruptcy consulting and valuation.
Sanjay Mistry, Head European Private Equity Research
MERCER
Sanjay is a Principal in Mercer’s Europe and Middle East client team.
Located in London, he is involved in advising on the full range of
investment issues for institutional investors, but focusing on those
relating to private equity. Away from his consulting role, Sanjay chairs
Mercer's European Private Equity Research Group. Over the years, he
has been involved in evaluating managers, determining asset allocations, monitoring
portfolios and educating clients in the area of private equity. Sanjay has over ten years
of experience within the investment industry beginning his career with Mercer in
1998. Prior to joining Mercer, he worked in the Pension Review Unit at Eagle Star,
advising on pension mis-selling claims. He is a member of the Institute of Actuaries.
10
For latest programme or to register, please visit www.icbi-superinvestor.com

DAY
3
Mark Calnan
Global Head of Private Equity
TOWERS WATSON
Mark heads up the global private equity team. He joined Towers Watson
(previously Watson Wyatt) in 2004 and has been part of the private
equity team since then. In addition to providing strategic direction to the
private equity effort, Mark researches both direct and fund of funds
managers and provides recommendations to clients. Mark works closely with a
number of Towers Watson’s largest private equity advisory accounts and his
responsibilities include providing strategic advice on the structure of the overall private
equity programme and recommendations on specific funds to populate the strategic
framework. In addition to Mark’s private equity responsibilities, he also has experience
consulting to clients on a broad range of issues including investment strategy and
manager structure.
Hanspeter Bader
Managing Director, Head of Private Equity,
UNIGESTION
For biography please see above.
09.30
The Squandered Opportunity? The State Of The
Relationship Between Limited And General Partners --
And How They Should Be Evolving
Josh Lerner,
Jacob H Schiff Professor of Investment Banking,
HARVARD BUSINESS SCHOOL
For biography please see page 8.
10.25 Morning Coffee
10.55
POLITICS, REGULATION &
THE MEDIA
Understanding The Transformed Political And Ideological
Order Relating To The Private Equity Business
• Why is the reality and image of private equity so at odds?
• Understanding the disconnect between the industry, regulators, the
media, trade unions and the public and what can be done to change this
Moderator:
Martin Arnold, Private Equity Correspondent
THE FINANCIAL TIMES
Martin Arnold has worked for the Financial Times since 1999 and been
the FT Private Equity Correspondent since May 2007. He won the British
Private Equity and Venture Capital Association award of private equity
correspondent of the year for 2007. Before this, he was Paris
correspondent for five years, covering the French political scene, the presidential
elections, and the finance, healthcare and technology sectors. He has worked for the
FT in London - covering TMT - and in New York - covering consumer industries during
the dotcom boom and bust of 1999-2000.
Vincenzo Morelli, Partner, TPG CAPITAL, Chairman,
EUROPEAN PRIVATE EQUITY ROUNDTABLE
Vincenzo Morelli is European Operating Partner at TPG Capital, based in
London. He has responsibility for the oversight of TPG’s portfolio
companies in Europe, Russia and the Middle East. Mr Morelli serves as
Chairman of the Board of Mey Alkollü Içkiler SA.VE TIV.AS. and as a
Director of Télédiffusion de France (TDF). He is also Chairman of the
European Private Equity Roundtable, the association grouping the 25
largest private equity fund managers operating in Europe and a Director of the
European Venture Capital Association (EVCA), where he chairs the Large Buyout
Platform. Prior to joining TPG, in January 2005, Mr. Morelli was a Managing Director
with Alvarez and Marsal, the turnaround and crisis management firm, where he
served as Geshäftsführer of Schulte GmbH and as Chief Executive Officer of the
Fantuzzi Group SARL. Before this, he was Senior Advisor with Clayton, Dubilier and
Rice, where he served as Vice Chairman of Italtel SpA.
Simon Walker, Chief Executive Officer, BVCA
Simon Walker has been Chief Executive of the BVCA, the organisation
that represents British private equity and venture capital, since October
2007. Between 2003 and 2007 Simon worked at Reuters as Director of
Corporate Communications and Marketing. He was previously
Communications Secretary to HM The Queen at Buckingham Palace. He
was Director of Corporate Affairs at British Airways and a non-executive
director of Comair Ltd (South Africa). From 1996-1997 Simon worked as
a special adviser in the UK Prime Minister’s Policy Unit at 10 Downing Street.
Hervé Schricke, Chairman of the Executive Board,
XANGE PRIVATE EQUITY & Chairman, AFIC
Hervé has more than 30 years experience at several financial
institutions. Entrepreneur and Business Angel, Hervé played a key role
in the start up of Meilleurtaux.com (e-broker in mortgages), one of the
success stories in the French market. Hervé founded XAnge Capital in
2003 and XAnge PE, a private equity management company sponsored
by La Banque Postale with several other corporates and institutional investors. Hervé
is currently Vice Chairman of the French Venture & Private Equity Association (AFIC).
11.30
LP STRATEGY
Capitalising On The Current Market: LP Perspectives On
Returns, Allocation, Portfolio Management And Funds
Moderator:
Christopher Hunter
Managing Director
CAMBRIDGE ASSOCIATES
For biography please see above.
Pierre Fortier, Vice-President,
Partnerships and Syndication Private Equity,
CAISSE DE DÉPÔT ET PLACEMENT DU QUÉBEC
Pierre Fortier was appointed Vice-President, Partnerships and
Syndication in 2008 after having the title of Vice-President, Funds in the
Caisse de dépôt et placement du Québec’s Private Equity group since
2002. His mandate is to develop and manage a portfolio of investments
in conjunction with funds managers. He formulates development and trading
strategies in partnership with the private equity teams. Mr Fortier is responsible for
his area’s network of partners. Pierre has some 30 years of experience in corporate
financing, mergers, consolidations and acquisitions. During his career, he has directed
numerous corporate financial restructuring plans. Mr Fortier has held management
positions in such firms as CCFL Advisory Services Inc and KPMG Corporate Finance
Inc, and was also Vice-President, Investments at the Caisse between 1984 and 1997.
Torben Vangstrup
Managing Partner
ATP PRIVATE EQUITY PARTNERS
Torben Vangstrup has been with ATP PEP since 2001. He serves on
advisory boards of a number of European and US buyout and venture
capital funds. Prior to joining ATP PEP, Torben had more than 10 years of
experience in equity research and has been involved in numerous
corporate finance transactions while working for Codan Bank and Danske Bank. ATP
Private Equity Partners was founded in 2001 and is one of Europe’s largest investors in
private equity funds. It has, to date, through the management company Private Equity
Advisors, approximately €6 billion under management and has an annual investment
program of more than €500 millio. The limited partnership ATP PEP III was established
in September 2007 and has a commitment of approximately €1.5 billion from its
limited partner ATP. ATP PEP invests in buyout funds, venture funds, secondary
interests in funds, distressed related funds and co-investments in Europe and North
America. It also surveys the rest of the world such as India, China, Eastern Europe
and Australia for private equity opportunities.
Ivan Vercoutere, Partner, LGT CAPITAL PARTNERS
Based near Zurich, and with locations in New York, London, Dublin, Hong
Kong and Tokyo, LGT Capital Partners is one of the leading managers of
alternative investments on behalf of institutional investors globally. Its
team of over 160 people currently manages USD15 billion in private
equity assets and USD 5 billion in hedge funds assets on a global basis.
Mr Vercoutere joined LGT Group in 1998 to lead its private equity
activities. Prior to joining LGT Group, he was Vice President and
investment committee member of Pacific Corporate Group.
Andreas Schmidt
Managing Director, Primary Private Equity Investments
DB PRIVATE EQUITY
Andreas Schmidt is responsible for the primary private equity fund-offunds
business of DB Private Equity. He is also a member of the
advisory boards of several Private Equity Funds. Previously Mr Schmidt
was employed as Investment Professional with CAM Private Equity
Consulting und Verwaltungs-GmbH in Cologne. Prior to that he worked as a
management consultant with the Boston Consulting Group (BCG) where he advised
well-known German and International companies on asset management as well as
international private equity funds on strategic due diligence in Germany.
Nick Ashmore, Head of Private Equity
NATIONAL PENSION RESERVE FUND
Nick Ashmore is the Head of Private Equity for the Irish National
Pensions Reserve Fund (NPRF). Nick is responsible for managing
buyout, venture capital, other private equity and infrastructure
investments globally. Before joining the NPRF in 2006, Nick was an
Investment Manager with Greenaap Consultants Limited, a private
family office, based in Dublin.
12.20
EMERGING MANAGERS & SRI
Emerging Managers, Environmental And Social
Responsibility, Governance: How Do Fund Of Funds And
GPs Address Clients' Needs Which May Not Be Solely
Returns Driven?
Moderator, David Jeffrey, Managing Partner
PARISH CAPITAL
Mr Jeffrey and is based in London managing a team of investment
professionals focusing on primary, secondary and direct investments
throughout Europe. Prior to Parish Capital, Mr Jeffrey was Managing
Director of BancBoston Capital’s European and Asian operations. During
his tenure at BancBoston Capital he was responsible for sourcing and
executing over 60 private equity deals. Mr Jeffrey spearheaded BancBoston Capital’s
investment strategy in Continental Europe and ultimately took responsibility for the
strategic re-alignment of BancBoston Capital’s European activities, first within
FleetBoston Financial, and subsequently as part of Bank of America’s global private
equity group.
Christian Dujardin
Head of Product Development Private Equity
UNIGESTION
Christian Dujardin is Head of Product and Business Development for
Private Equity, responsible for client servicing and the development of
new products. Prior to Unigestion he gained principal investment and
corporate finance expertise with McKinsey & Company as well as
Affentranger Associates, a Geneva based Private Equity boutique.
Tom Rotherham, Associate Director Private Equity
HERMES FUND MANAGERS
Tom is Associate Director for Private Equity at Hermes Equity
Ownership Services (EOS). Owned by Hermes Fund Managers Ltd,
EOS acts on behalf of 20 clients with over £60bn AUM. In his role, Tom
helps limited partners and general partners to integrate environmental,
social and corporate governance factors into their investment decisionmaking
and ownership activities. Tom also leads the Principles for Responsible
Investment (PRI) work on Private Equity, including as lead drafter of a Guide for LPs.
Tom is a member of the EVCA and AVCAL working groups on responsible investment.
Tom has 15 years of experience working in sustainable development, including within
consultancy, public policy and academia.
Frode Strand-Nielsen, Managing Partner, FSN
Mr Strand-Nielsen has entrepreneural, strategy and M&A experience from
Arkwright and Bain & Co. Prior to founding FSN Capital in 1999, Mr Strand-
Nielsen was a founding Director and the Chairman of the Executive
Committee of Arkwright. Arkwright is a corporate advisory firm specialising
in strategy consulting and M&A work. The firm had 120 professionals
located in five offices; London, Paris, Hamburg, Stockholm and Oslo. Before
Arkwright Mr Strand-Nielsen was a Manager with Bain & Co, London.
Patricia Jeanjean, Investment Director
CAISSE DES DÉPÔT ET CONSIGNATIONS
Patricia Jeanjean is Investment Director of Alternative Investments at Caisse des
Dépôts et Consignations. Patricia was an investment director at CDC which she joined
in 2004 and has worked in private equity industry since 1994. Prior to join CDC she
was investment manager of Fondinvest Capital fund of fund in France.
13.00 lunch
14.10
RISING STAR SHOWCASE
The speakers taking part in this session are those considered the very
best according to the results of our independent survey of LPs. Each
of these GPs has a unique set of strengths, and the combination
presented here is a unique taste of the strategies and advantages of
those private equity companies at the very pinnacle of their game.
14.35
19 November 2010
Main Conference
EMERGING MARKETS AND RISK
Determining And Understanding The True Risks –
Regulatory, Industry, Manager, Political & Currency – Of
Investing In Emerging And Frontier Markets
Moderator: Luc Nijs, Founder, Chairman & Group CEO
THE TALITHA GROUP
The Talitha Group is a global emerging markets merchant banking group
& conglomerate with offices around the globe. Luc Nijs is also the
Aizkraukles Banka professor in investment banking, private equity &
entrepreneurial finance at the Riga Graduate School of Law in Latvia
where his lecturing and research focuses on issues involving
globalisation & corporate strategy as well as corporate & investment
strategies for emerging markets and in particular the relationship between investment
strategies and returns and the impact of country context and institutional voids on
returns in particular. He is further the director of the Center for Global Emerging
Markets Private Equity and Entrepreneurship. He has been active in over 170 counties
worldwide and was previously with Arthur Andersen and Deloitte in a number of
global positions and a professor at Instituto de Empresa (Madrid).
Scott Foushee, Managing Director
Head of Frontier Markets Private Equity
PINEBRIDGE INVESTMENTS
Mr Foushee oversees the Pinebridge Gateway team for private equity
investing in Turkey, the Middle East, Africa and Russia/FSU. He also
serves as an Investment Committee member for several Pinebridge
managed private equity funds in CEE, Latin America, and in secondaries.
Prior to his 12 years of experience as a principal investor in emerging
markets, he served as a director with the Barents Group, an emerging market
corporate finance advisory group. His background includes three years as a member
of the start-up team of Bain Capital. Pinebridge Investments, the former AIG
Investments, is an independent asset management firm with nearly $85 billion in
assets under management across alternative, listed equity, and fixed income asset
classes. Pinebridge has an on-the-ground presence in 32 countries around the world.
Alex Sao-Wei Lee
Partner
AXIOM ASIA
Alex Lee is an Investment Director and the Head of Secondary
Investments at Axiom Asia Private Capital, an Asia focused private
equity fund of funds management firm with $1.4 billion under
management. Alex leads the firm’s secondary investment efforts and is
also active in primary fund investments and co-investments. Prior to joining Axiom,
Alex spent six years at Coller Capital, first in London and later in Singapore. As an
Investment Principal, he originated, executed and monitored secondary investments in
Asia. He worked on secondary transactions involving both LP positions and direct
investments across buyout, growth capital and venture capital, in Asia, Europe, and
North America.
Varun Sood,
Managing Partner & Co-Founder
CAPVENT
For biography please see page 7.
Sev Vettivetpillai
Chief Executive Officer
AUREOS ADVISERS
Sev Vettivetpillai was appointed CEO in July 2004. Prior to this he was
Investment Director, responsible for the Aureos Group investment
activities such as investment strategy & philosophy, investment process
and fund structures. He was also instrumental in applying portfolio
development and management theory to private equity investment across the Aureos
Group. He has 13 years of experience in private equity investing in the emerging
markets. Prior to joining Aureos, Sev was a Senior Investment Executive at CDC,
responsible for evaluating third party fund investments and CDC’s portfolio of
managed funds.
Michael Barth
Managing Director, Global Investment
DARBY OVERSEAS To be confirmed.
Joining Darby in March 2006, as Managing Director and subsequently Senior
Managing Director, Global Investment, Mr Barth has lead Darby's global investment
operations. Since early 2009, he has been responsible for Darby's investor relations
and fundraising and for developing potential acquisitions on an opportunistic basis. Mr
Barth has had a long and distinguished career in global emerging markets investing. In
2005, he completed five years as Chief Executive Officer of FMO (Nederlandse
Financierings-Maatschappij voor Ontwikkelingslanden), specialising in emerging
markets private investment. While there, Mr Barth also served as Chairman of the
European Association of Private Sector-Oriented Development Banks. He worked
previously at the World Bank and the International Finance Corp. Mr Barth is also a
member of the Board of Directors of the Emerging Markets Private Equity Association
and the International Council of Experts of the Bretton Woods Committee.
15.25
GLOBAL INVESTMENT ISSUES
What Are The Issues Facing The Private Equity Industry
Across Emerging Markets? Comparing And
Contrasting Investment Opportunities In Different
Geographies And Sectors
Moderator:
Luc Nijs
Founder, Chairman & Group CEO,
THE TALITHA GROUP
For biography please see above.
Steven Cowan, Managing Director, PGCI
Mr Cowan is a founder of PCGI, a Washington, DC, based investment manager
focused on partnership and co-investment in select private equity markets outside
of the United States. With more than US$1 billion under management, PCGI has
almost 100 years of collective experience investing in international private equity
markets. PCGI's team has also advised notable US public pensions and sovereign
entities with respect to markets as diverse as Japan, China, India, Central Europe,
Asia, Africa, Latin America and Israel. Prior to PCGI, Mr Cowan served at Overseas
Private Investment Corporation (OPIC), most recently as a Director in the
Investment Funds Department, where he was responsible for designing and
implementing the program's asset allocation plans, selecting managers, and
overseeing a large portion of the $3.5 billion investment funds program. Mr Cowan
also served as an Adjunct Professor of Law at American University's Washington
College of Law, and as an advisor to the governments of Colombia and Canada with
respect to developing private equity programmes.
Miriam Schmitter
Managing Director
CAMBRIDGE ASSOCIATES
Miriam heads Cambridge Associates’ international private equity and
venture capital research. Before Miriam joined in 2005, she was an
investment manager of private equity fund investments at Allianz Private
Equity Partners. She also worked as an investment professional at DB
Capital Partners/DB Investor, the direct private equity investment vehicles of Deutsche
Bank. In this position, she evaluated buyout investment opportunities. Prior to that,
she worked as a consultant for Deloitte & Touche, where she performed financial
analysis and valuations and conducted financial due diligence for clients.
Alice Chow
Managing Director
SQUADRON CAPITAL PARTNERS
Alice Chow has been involved in Asian private equity investing since
2000, principally with Search Investment Group / Squadron Capital,
where she is a managing director and member of the Squadron
Capital investment committee. In addition to her work in private
equity, Ms Chow has assisted the chairman of a public-listed Hong Kong company
in the establishment of his private investment office. Earlier in her career, she
was with QED Global Limited, a Hong Kong-based technology and media ventures
company, which she joined following work as an Engagement Manager with
McKinsey in New York.
Rahul Bhasin
Managing Partner
BARING PRIVATE EQUITY PARTNERS
For biography please see page 7.
Koonal Gandhi
CIO
KAISER FAMILY FOUNDATION
Mr Gandhi has responsibility for the endowments’ asset allocation.
Previously, he was a Director at The Overseas Private Investment
Corporation (OPIC). Koonal also worked at the US Treasury, helping to
lead part of the $700 billion Troubled Asset Recovery Program (TARP).
16.15 Close of conference
Westin Hotel, Paris.
To register: www.icbi-superinvestor.com • Tel +44 (0) 20 7017 7200 • Fax +44 ( 0) 20 7017 7807 • E info@icbi.co.uk 11

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Plus
Fundraising &
Secondaries Summits
“
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communication
between GPs and LPs,
it's SECOND TO NONE."
Rod Selkirk, Managing Partner
BRIDGEPOINT DEVELOPMENT CAPITAL
Europe’s Foremost
Private Equity, Venture Capital
& LP/GP Relationship Summit
10th Annual
www.icbi-superinvestor.com
Book by
3 September
SAVE up to
£700
200+ LPs
attended in 2009
“
"SuperInvestor is one of the
few events I appreciate
attending - it's ONE OF MY
FAVOURITES."
“
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Fund Investments, ALPINVEST PARTNERS
The Fundraising Summit BRAND
NEW
• Learn the investment plans of 20+ LPs
• Hear the results of 2 new surveys into LPs' & GPs'
fundraising plans
• Benefit from a masterclass in investor relations
The Secondaries Summit
Hear from all the market leaders on this hot
sector including: Coller Capital, Alpinvest Partners,
HarbourVest Partners,
Pantheon Ventures & PEFOX
Sponsored by
Back by
popular
demand
About Your Sponsors
Principal European Law Firm Sponsor:
SJ Berwin is a full service international corporate law firm with more than 175 partners and 500 other
lawyers based in 12 offices in Europe, East Asia and the Middle East.
Our clients are sophisticated buyers of legal services, principally multi-national and entrepreneurial companies
and financial institutions, which we advise on a comprehensive range of matters including corporate finance,
private equity, commercial law, real estate, finance, reconstruction and insolvency, financial services and regulation,
intellectual property, investment funds, litigation and dispute resolution, employment and pensions,
EU and competition and tax.
The firm has offices in London, Berlin, Brussels, Dubai, Frankfurt, Hong Kong, Madrid, Milan, Munich, Paris and Turin, and our London office is a member
of Interlaw which is one of the largest established associations of law firms in the world, with member firms in over 120 cities worldwide. We have a
strong international reach and we regularly advise clients across Europe, in the USA, the Middle East, India, China and Russia
Co Sponsors:
Brookfield is a global asset manager offering
private equity investment strategies in
property, renewable power, infrastructure,
timberland, agrilands and special situations.
The firm currently has more than $100 billion of assets under management and
over 400 investment professionals and 15,000 operating employees in over 100
offices and operating locations around the world. Brookfield has been an owner
and operator of businesses with underlying tangible assets for over 100 years.
With over €6 billion (US$8
billion) in total client assets and
twenty years of investment
experience, DB Private Equity
is one of the leading private
equity fund of funds managers
in Europe. With offices in the
UK, Germany, Switzerland, the US and Singapore, DB Private Equity has
established relationships with 250 GPs, managers and advisers of private equity
investment funds in more than 450 funds worldwide.
Enterprise Investors is the oldest and one of the largest private
equity and venture capital companies in Poland and Central and
Eastern Europe. This year, EI celebrates its 20th anniversary. The
total capital of the six buyout funds and one venture fund raised
by Enterprise Investors amounts to €1.7 billion. To date, these
funds have invested €1.3 billion in 120 companies across various
sectors of the economy, and have fully exited more than 90
companies generating total proceeds of €1.4 billion. Enterprise
Investors pioneered private equity and venture capital
investments in Central & Eastern Europe. www.ei.com.pl
Proskauer is a leading international law
firm with over 650 lawyers serving
clients around the world. The firm has
experience in all areas of practice
important to businesses and individuals
including private equity, corporate finance, mergers and acquisitions, general
commercial litigation, corporate governance, internal corporate investigations,
white collar criminal defense, patent and intellectual property litigation and
prosecution, labor and employment, real estate transactions, bankruptcy and
reorganizations, trusts and estates, and taxation.
Our lawyers have established themselves as leaders in the private equity sector
and practice in strategic office locations that allow us to actively represent
sponsors and institutional investors worldwide in a broad range of activities, from
structuring funds to investment transactions of all types. Headquartered in New
York since 1875, the firm has offices in Boca Raton, Boston, Chicago, Hong Kong,
London, Los Angeles, New Orleans, Newark, Paris, São Paulo and Washington,
D.C. www.proskauer.com
Associate Sponsors:
Denning & Company LLC is a
FINRA registered global private
equity advisory firm
headquartered in San
Francisco, California. Founded
in 2001, Denning & Company, LLC serves the private equity fundraising needs of
both veteran General Partners seeking only to broaden their L.P. base as well as
the next generation of Private Equity Managers, requiring a more elaborate
fundraising effort. With over 70 years of combined industry experience, the
Denning and Company team has raised capital in excess of $8 billion for General
Partners based in the U.S., Japan/Asia, UK/Europe, Russia, and Israel from a
Limited Partner base similarly diversified.
TPG Credit Management (“TPGC”) is a
global distressed credit investment
organization managing private investment
portfolios with a focus on opportunities in
the corporate distressed and distressed
asset markets. TPGC was founded in August
2005 by Rory O’Neill in partnership with the
principals of TPG Capital, L.P. The TPGC portfolio managers, Rory O’Neill, Evan
Carruthers, Jim Musel, Kirk Ogren and Brandt Wilson, have over 89 years of
collective investing experience with significant hands-on expertise in sourcing and
executing distressed investments across a spectrum of industries, capital
structures and geographies. TPGC has developed an investment strategy
predicated on superior sourcing, fundamental value based due diligence, and a
willingness to embrace complexity in an effort to capitalize on differentiated
investment opportunities. TPGC’s alliance with TPG Capital combines classic
distressed investing skills with the unique investment insights of a leading global
private investment firm. This relationship expands the depth and breadth of each
organization’s knowledge base to create a truly unique investment perspective.
To register: www.icbi-superinvestor.com • Tel +44 (0) 20 7017 7200 • Fax +44 ( 0) 20 7017 7807 • E info@icbi.co.uk

15% DICOUNT + SAVE £900 – BOOK BY 30 JULY 2010
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