BL Magazine

in the NEWS
Follow us @blglobalnews
Sign up for email updates at www.blglobal.co.uk
A BL event
JERSEY NED FORUM 2016
A BOARD’S
EYE VIEW
BL Events launches
Jersey NED conference
FOLLOWING A SERIES of
successful conferences in 2015,
BL Events has launched its first
conference for 2016, aimed at
non-executive directors in the
Channel Islands, with a particular
focus on Jersey.
Entitled ‘A Board’s Eye View’,
the event, which is in partnership
with Deloitte, sponsored by BNP
Paribas Securities Services and
Optimus Group, and supported by
Rossborough, will take place on
16 March at the Pomme d’Or in
St Helier from 9am-12.45pm.
The conference will bring
together speakers and delegates
from the Channel Islands and the
UK, and will address issues facing
NEDs right now, and those likely to
arise in the near future. The event
will cover a wide range of subjects:
● What should be on the NED
agenda in 2016?
● Board dynamics and dynamic
boards
Wednesday 16 March
Pomme d’Or Hotel, Jersey
3.5 hours CPD available
DELEGATE RATE: FROM £195
In partnership with: Sponsored by: Supported by:
● Directors’ duties and relief from
liability
● How to address innovation and
digital skills
● Managing strategy and risk
● The independent NED toolkit.
Carl Methven, CEO of BL Events,
said: “We’re not only looking
forward to our first event of 2016,
but also to our first NED forum in a
number of years. Having enjoyed a
great year in 2015, we were asked
by a number of companies whether
we had considered an NED event,
and we are really happy to be able
to deliver what they wanted.”
Speakers are currently being
lined up for the event and a full
timetable will be published in due
course. More details are available
and places can be booked by
visiting www.blglobal.co.uk/events
or by emailing carl.methven@
blglobal.co.uk. Three-and-a-half
hours of CPD are available. n
Offshore
PE activity
heading
for high
PRIVATE EQUITY (PE)
activity represented more
than a quarter of the total
value of offshore M&A
transactions in the third
quarter of 2015, putting it
on pace to generate the
biggest annual amount in the past five
years, according to a report by offshore
legal and administrative services
provider Appleby.
The findings are in a sector spotlight
edition of Appleby’s Offshore-i report,
which looks at transactions in the PE
industry in offshore markets in the year
to date. It analyses PE investment in the
form of buyouts and exits, whether via
initial public offerings, sales to other
private equity firms or trade sales.
“With 92 PE transactions worth a
combined US$56bn in the first three
quarters, [2015] is well on its way to
surpassing 2014,” said Andrew Weaver,
Jersey-based partner in Appleby’s
corporate group.
The third quarter of 2015 saw
$16.1bn in PE deals across jurisdictions,
representing over a quarter of the
$61bn of total offshore activity. The
report said 2015 is set to overtake the
record exit total of $41.2bn, set in 2014,
with market conditions proving highly
supportive for exits.
Other key findings include:
● There were 41 investments by PE
firms involving offshore targets to
September 2015, and 55 exits. The
exits typically command more value,
with the average value of an
investment in 2015 $490 million and
the average exit worth $673 million.
● There were seven PE investments of
$1bn or more involving offshore
targets to the end of Q3. These
accounted for 79 per cent of the
year’s PE deal value to date. n
www.blglobal.co.uk january/february 2016 7