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Chamber News<br />

SOUTH INDIA COUNCIL<br />

TAMIL NADU BRANCH<br />

Seminar on Emerging<br />

Trends in Private Equity<br />

The Tamil Nadu Branch organized a seminar on The Seminar was attended by participants from 105<br />

“Emerging Trends in Private Equity” on 6 January 2011 at companies, with participants numbering 190 of which<br />

Shera<strong>to</strong>n Park Hotel, Chennai.<br />

158 were paid delegates.<br />

The seminar was significant in context of private equity<br />

emerging as a major investment source in India and<br />

which has significantly grown during <strong>the</strong> last few years.<br />

In <strong>the</strong> Inaugural session, a welcome address was given by<br />

N. V. Srinivasan, Chairman, IACC (TN). R. Anand,<br />

Regional Vice-President, IACC (SIC) addressed <strong>the</strong><br />

ga<strong>the</strong>ring on <strong>the</strong> <strong>the</strong>me of <strong>the</strong> Seminar. Andrew T Simkin,<br />

U.S. Consul General, Chennai, was <strong>the</strong> Chief Guest.<br />

Rajiv Memani, Country Managing Partner, Ernst & Young<br />

delivered <strong>the</strong> Keynote address, in which he spoke about<br />

<strong>the</strong> origin, different phases and <strong>the</strong> potentials of private<br />

equity globally. Raman Govindarajan, Vice-Chairman,<br />

IACC (TN) gave <strong>the</strong> vote of thanks.<br />

The seminar had a line-up of five sessions concentrating<br />

on Entry and Exit Strategies, Perspectives on Valuation,<br />

Investee Experience, Legal Governance and Covenants<br />

and <strong>the</strong> final session dealt with practical case studies on<br />

private equity participation and contribution <strong>to</strong>wards<br />

organizational growth.<br />

Overall <strong>the</strong> seminar highlighted on recent trends in<br />

private equity, key enablers of <strong>the</strong> private equity deals with<br />

its structure and finally <strong>the</strong> case studies gave practical<br />

learning for <strong>the</strong> group assembled. The key considerations<br />

for PE funds are valuation, exit route, returns and<br />

regulations. Today, when everyone looks <strong>to</strong>wards a winwin<br />

situation <strong>the</strong> deal making activity has become<br />

complex. Higher emphasis is on performance and<br />

market potential; with funds extending in<strong>to</strong> untapped<br />

sec<strong>to</strong>rs that may be regulated. Developing a right<br />

structure can help facilitate investments keeping in mind<br />

interests of all parties.<br />

Andrew T Simkin interacting with Krishnamachari Srikanth, also<br />

seen Rajiv Memani, R Anand, (Extreme Right) during a seminar<br />

on “Emerging Trends in Private Equity”.<br />

N. V. Srinivasan, giving <strong>the</strong> Welcome Address during a seminar<br />

on “Emerging Trends in Private Equity”, (L-R) R Anand, Andrew T<br />

Simkin, Rajiv Memani, and Raman Govindarajan.<br />

- INDO <strong>US</strong> B<strong>US</strong>INESS <strong>May</strong>-<strong>June</strong> 2011<br />

57

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