Fundraising Day - Capital Creation

12.45 Registration and welcoming lunch Registration and welcoming lunch

13.45 Chairperson's welcome and opening remarks Marleen Groen, Chief Executive Officer, Greenpark Capital Chairperson's welcome and opening remarks Marleen Groen Chief Executive Officer, Greenpark Capital

14.00 Getting used to the new normal of LP commitments – assessing the trends shaping the industry through 2014 Ferdinand Seibert, Managing Director, Zurich Alternative Asset Management Michael Lindauer, Managing Director, Global Co-Head of Fund Investments, Allianz Capital Partners Peter McKellar, Partner/ Chief Investment Officer, SL Capital Partners Leading investor expectations and how to secure maximum growth in a world of low growth and increasing regulatory pressure? Will the standard PE model work, or do you need to look at more differentiated strategies? Relationship consolidation – the drivers and trends Balancing the need for shorter investment periods and liquidity with the requirements for alpha generators Growth in secondaries and distressed as a response Is the answer shorter buyout investment periods? Are we really seeing the prophesied rebalancing of power to LPs? And in which cases? With up to 66% of commitments going into secondary purchases from other GPs, in an environment of low growth is this a sustainable practice? Ferdinand Seibert Managing Director, Zurich Alternative Asset Management "Ferdinand Seibert is the Head of Private Equity at Zurich Alternative Asset Management (""ZAAM""), the New York-based alternative investment arm of Zurich Insurance Group, the Swiss listed company. He is member of the investment committee for the various alternative asset classes invested on behalf of the insurance group's balance sheet.Prior to moving to ZAAM in 2006, Mr. Seibert was Head of Alt [read more] Michael Lindauer Managing Director, Global Co-Head of Fund Investments, Allianz Capital Partners Michael is co-heading ACP’s global private equity fund investment team with a focus on investments in Europe. Prior to joining ACP in 2003, he was employed as a senior consultant for venture capital and buyout transactions in the corporate finance division of PricewaterhouseCoopers. Previously, he had started his career as auditor at PwC before he was appointed head of controlli [read more] Peter McKellar Partner/ Chief Investment Officer, SL Capital Partners "Peter McKellar Peter McKellar (Partner and Chief Investment Officer) 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 InvestmentsWBR_ [read more]

14.45 Capital Creation Debate: Private equity in Europe vs. the emerging private equity markets Andrew Brown, Chief Investment Officer, ECP-Emerging Capital Partners Alex Munteanu, Managing Director - Private Equity, Dragon Capital Rapid growth in many emerging markets continues to attract both investors and fund managers --many of whom are facing pressures against a backdrop of low to negative growth across Europe for the foreseeable future – to seek the higher returns and underlying growth present in many of these markets. But is the European situation as bad as we’re reminded daily in the press? Can we justify the risk in emerging markets strategies? Comparing the performance results European attraction: relative value plays and the value of manager expertise, but where will the exits be found? The emerging markets attraction Riding the beta The vastly different skill sets required Regional plays the way to go? Which offers the best risk-adjusted return prospect? Andrew Brown Chief Investment Officer, ECP-Emerging Capital Partners   Alex Munteanu Managing Director - Private Equity, Dragon Capital

15.30a Afternoon Coffee15.30b Speaker’s lounge 15.30a Afternoon Coffee Afternoon Coffee 15.30b Speaker’s lounge During the break, visit an area of the venue dedicated to interaction with the previous session’s speakers and panelists. This is your opportunity to network and speak openly and candidly about any questions not covered during their session.

16.00 Keynote: 10 things that will improve your fundraising approach Vince O'Brien, Director, Montagu Private Equity The fundraising process has changed. LPs are being more selective, inquisitive and asking more questions than ever. In this session you’ll hear PE Veteran, Vince O’Brien, delivering the ten most important considerations to make your next fundraising a success The bottom line: there won't be enough capital to fund all the firms in market this year What are the key components of a successful fundraising in today’s market? How has fundraising evolved? What are LPs doing differently? Avoiding common mistakes and unblocking sticky points Vince O'Brien Director, Montagu Private Equity "Vince joined Montagu in 1993 from Coopers & Lybrand and has worked in the private equity industry for over 20 years. A graduate in Modern History and a qualified Chartered Accountant, Vince sits on Montagu's Investment Committee and is responsible for fund raising and all aspects of investor relations. He is a former Chairman of the British Venture Capital Association.My m [read more]

16.30 Panel: Key components of a successful fundraise – a view from both sides Magnus Hardmeier, Managing Partner, Priveq Investment Wol Kolade, Managing Partner, ISIS Equity Partners Bob Barry, Partner, Proskauer Christophe Karvelis, Co-founder and Partner, Capzanine Jean-Francois Joachim, Partner, ATHOS Partners This panel brings together several perspectives from successful fundraisers and leading investors to guide you through the evolution of fundraising in Europe and provides insight into how you must adapt to survive. The bottom line: there won't be enough capital to fund all the firms in market this year What are the key components of a successful fundraising in today’s market? How has fundraising evolved? What are LPs doing differently? Avoiding common mistakes and unblocking sticky points Magnus Hardmeier Managing Partner, Priveq Investment Wol Kolade Managing Partner, ISIS Equity Partners   Bob Barry Partner, Proskauer   Christophe Karvelis Co-founder and Partner, Capzanine   Jean-Francois Joachim Partner, ATHOS Partners

17.15 It’s no longer just about past performance: Proving value-add during fundraising Jim Strang, Managing Director, Hamilton Lane Pilar Junco, Managing Director, Investor Relations & Business Development, Blackstone Simone Brands, Director, Amala Partners The economic recession has caused many companies already in the portfolios of private equity firms to underperform. These trends are prompting investors to revisit a long-held key tenet of value creation in private equity: operational improvement. Now more than ever you need to prove your operational mettle during fundraising. How will you drive alpha moving forward? Demonstrating operational capabilities and meaningful changes in portfolio companies Strong pipelines and the ability to deploy capital – portraying the unrealized portfolio Jim Strang Managing Director, Hamilton Lane Pilar Junco Managing Director, Investor Relations & Business Development, Blackstone Pilar Junco is a Managing Director in the London Investor Relations and Business Development Group and is based in London where she is involved with raising capital for Blackstone's funds and managing investor relations in Europe. Ms. Junco is also involved in the firm's relationships with investors, not only at the fund-raising stage, but throughout the life of the various Blackstone funds' activ [read more] Simone Brands Director, Amala Partners

LP-OnlyGP-Only 17.45a Think Tank LP-Only An off the record, tailor-made discussion forum designed for and limited to a select number of LPs where you set the agenda and discussionPoints for discussion and debate: Fee structures/terms and your bargaining power Emerging Markets allocation – finding the balance Decreasing the number of GP relationships and increasing the strategic nature of those who make the cut – drivers behind the trend Budgeting for risk: Metrics addressing risk in private equity and the tools that allow any LP to conduct best-in-class assessments 17.45b Think Tank GP-Only limited to a select number of GPs where you set the agenda and discussionPoints for discussion and debate: Is the 2/20 model the most relevant? What about 1/25? Diversifying GP offerings beyond the typical LBO funds – it works in the USA, but can we replicate the success in Europe? Coming to terms with the reality of succession and the changing of the guard Positioning operating partners at the centre of value creation – moving beyond a marketing tool

18.30 Capital Creation €1bn allocation challenge When presented with the opportunity of investing a hypothetical billion euros, how will Europe’s leading investors deploy their allocation? What sectors and strategies will win out? Where does private equity fit into the allocation alongside other alternatives and investment strategies? How is the current environment impacting on investment geography decisions?

19:00 Capital Creation Fundraising Forum cocktail party After a long day of insightful debate, take the opportunity to step outside into the sunshine with a cocktail. The perfect opportunity to make connections; perhaps with someone new, or maybe an old acquaintance renewed.