Wednesday, March 12, 2014
2:30 – 5:00PM
OPTIONAL ACTIVITIES FOR WEDNESDAY ARRIVALS
5:30 – 7:30PMWINE & CHEESE NETWORKING RECEPTION FOR EARLY ARRIVERS
Day One – Thursday, March 13, 2014
7:30 – 8:30AMREGISTRATION/SIGN-IN CONTINENTAL BREAKFAST WITH "ICE BREAKER" NETWORKING ROUNDTABLES
Get a jumpstart on networking before the Summit really gets going with our ice breaker discussion roundtables. Each table's got a different, thought-provoking topic so grab a coffee and croissant, take a seat and get to know fellow attendees in a relaxed and casual setting.
8:30 – 8:40AM
8:45 – 9:15AM
KEYNOTE INTERVIEW & DISCUSSION:
THE BOOMER GENERATION RETIRES: PUBLIC PENSION FUNDS AND THE PLACE FOR PRIVATE EQUITYPublic pension funds are under increasing pressure to generate returns and prepare for a growing group of retirees. That has them looking hard at their investment choices and asking some difficult questions, including how heavy to go into alternatives and whether the returns coming from private equity and venture capital are worth the wait. Leaders at two pension funds sit down to discuss those issues and give their take on not only private equity, but real estate, natural resources and hedge funds and what drives them to invest in funds.
Moderator: Robin Painter, Partner, Co-Chair of the Corporate Department and Global Co-Head of the Private Investment Funds Group, Proskauer
9:20 – 10:10AM
KEYNOTE PANEL DISCUSSION:
THE HUNT FOR DEALS: INVESTING INSIGHTS FOR 2014Firms seemed more focused on exiting investments than making them in 2013, thanks to the opening of the IPO window and high valuations. Will that change in 2014? Are there particular sectors that look more promising than others? Will prices continue to rise? And, what impact, if any, do investors see if the Fed cuts off the flow of capital? A panel of leading investors provides insight on these important questions.
Moderator: Kelly A. Easterling, CPA, Principal, Rothstein Kass
10:15 – 10:35AM
PRIVATE MONEY AND PRIVATE EQUITY: THE ENDOWMENT PERSPECTIVE ON ALTERNATIVESYou've heard from the public pension funds and dealmakers. Now hear how endowments are thinking about alternative investments and private equity.
Interviewer: Robin Painter, Partner, Co-Chair of the Corporate Department and Global Co-Head of the Private Investment Funds Group, Proskauer
10:35 – 11:05AM
NETWORKING REFRESHMENT BREAK
11:10 – 11:55AM
TRACKED DISCUSSION GROUPS - CONCURRENT SESSIONSConcurrent Discussion Groups shine a light on singular topics of great importance to general partners, limited partners and advisors to the industry. Facilitated by private equity professionals and subject-matter experts, these informal guided discussions provide a small-group forum for a candid and in-depth look at critical issues.
SPOTLIGHT ON PRIVATE EQUITYThe Co-Investment Dance: Making It Work
Increasingly, limited partners are seeking to do more than just invest in funds. They see an opportunity to generate bigger returns and potentially reduce fees by investing alongside their general partners. But making such deals work is not always easy. Our panel gives its view on what it takes to find success.
SPOTLIGHT ON VENTURE CAPITALThe Ever-Changing Venture Industry: Where Is It Headed?
The venture industry is sending out mixed signals. On the one hand, there's consolidation, with a declining number of firms and investors — and dollars being deployed outpacing fundraising. On the other hand, there appears to be growth as angel investors and corporations put more and more capital into companies. And, some newer firms are adding staff and positions to entice entrepreneurs. What is one to make of these dynamics? The panel offers its perspective.
SPOTLIGHT ON RISK & COMPLIANCEStaying Out of Trouble: Are GPs Doing All They Can … and Are LPs Asking the Right Questions?
Due to the recent financial crisis and ensuing regulatory reform, the SEC has increased its oversight of investment advisors and their operations. Given the volume and complexity of these regulatory requirements, GPs are under more pressure to protect themselves — and their LPs — from regulatory risk, exposure and liability. You'll learn about recent SEC regulatory developments and how to avoid traps relating to Foreign Corrupt Practices Act violations and accusations of insider trading, among others. GPs will learn how to assess the adequacy of their Compliance Program and how to develop a practical Compliance Program designed to address these developments, while LPs (and their advisors) will learn how to develop effective diligence practices to help reduce the economic and reputational harm that may result in failing to identify compliance gaps associated with their investments..
SPOTLIGHT ON GLOBAL INVESTINGLatin America: Will It Live Up to the Buzz?
Investors are always looking for the "next great thing." Latin America, and more specifically Brazil, was tagged with that title several years ago. Will the investors and limited partners who spoke so highly of the region be proven correct? The panel provides an update on activity in Brazil and elsewhere in Latin America and considers what the future may hold for private equity investors in those countries.
SPOTLIGHT ON REAL ESTATETowering Influence: What Are LPs Seeking?
In this session, limited partners tell all about backing real estate funds. What strategies do they find intriguing and which do they avoid? What are their 2014 allocation plans and do they have an appetite for direct investments?
12:00 – 1:10PM
1:15 – 2:00PM
TRACKED DISCUSSION GROUPS - CONCURRENT SESSIONSConcurrent Discussion Groups shine a light on private equity, venture capital, real estate, other alternatives, global investing, firm management, and more. Facilitated by GPs, LPs, and industry experts, these informal guided discussions provide a small-group forum for a candid and in-depth look at topics important to general partners, limited partners, and advisors to the industry.
SPOTLIGHT ON PRIVATE EQUITYYou Bought It, You Own It: Improving Portfolio Companies
Buying companies is no easy task, but the real work comes in trying to increase the performance and, in turn, value of those businesses. In this session, turn-around pros will share their successes — and disappointments —in building portfolio value.
SPOTLIGHT ON VENTURE CAPITALThe Push to Bring Health Care Into the 21st Century: Who Will Find Success?
Health care has lagged behind other industries in terms of modernizing its reporting and capturing of data. That spells opportunity to many but what will it take to truly find success. Our panel discusses and debates an issue that is the focus of both the technology and health care communities.
SPOTLIGHT ON THE FIRMThe Secondary Market: How LPs Are Using It and What It Means for GPs
Some industry observers thought that secondary activity would be slowing, especially given the improved returns from the industry. But they were wrong. Secondary firms are still raising large funds and investors are still showing interest in selling off parts of their portfolios. In this panel, the participants will discuss the state of the secondary market, how it has evolved and what both GPs and LPs need to be aware of going forward.
SPOTLIGHT ON GLOBAL INVESTINGAfrica: Why Investors Can No Longer Ignore It
Huge population. Abundant natural resources. Growing Middle Class. Africa has long been seen a place of great potential, but with deals happening in an array of sectors potential may finally be reality. In this special panel, you'll hear about the deals being done and the opportunities for firms now and into the future.
SPOTLIGHT ON ALTERNATIVE STRATEGIESNatural Resources: Will Investors Dig the Returns?
Don't tell institutional investors that money doesn't grow on trees. More endowments and pension funds are seeing timber funds, as well as those focused on mining and energy, as a means to generate necessary returns. Our panelists give their take on how GPs and LPs are thinking about the opportunities and challenges related to investing in natural resources.
2:05 – 3:20PM
WORKSHOP ITerms and Conditions Revisited
It is often said that a firm's fund terms will not allow them to raise capital but it could keep them from doing so. In this always popular workshop led by law firm Proskauer, you'll get the insights on the current state of fund terms and perspective on the ones limited partners are spending more time focused on.
Moderator: Sarah K. Cherry, Partner, Proskauer
WORKSHOP IIDiving Into the Middle Market: What GPs Must Do to Find Deals, Generate Returns and Keep LPs Happy
When limited partners are asked which private equity sector they like the best, the middle market inevitably comes up as the top choice. But standing out is no easy task. In this workshop presented by Rothstein Kass, middle market investors and limited partners will discuss what it takes to be successful in the sector. You'll gain insight on where firms are seeking deals, how they are attempting to add value and what they are doing to generate liquidity. You'll also hear the concerns that limited partners have about the sector, the questions that they are asking and the criteria they use to evaluate a middle market firm.
Moderator: Sylvie Gadant, CPA, Principal-in-Charge, Transaction Advisory Services, Rothstein Kass
WORKSHOP IIIBehind the Curtain: Ensuring Your Firm Is Truly Ready to Raise a Fund
In this special workshop presented by Denning & Co., you'll learn about the process before the fundraising begins: What questions firm members should be ready to answer; why some firms are bringing in psychologists before getting started; and the internal debates firms must resolve before hitting the trail.
Moderator: Gina Lee Peyton, Managing Director, Denning & Company
3:20 – 3:50PM
NETWORKING REFRESHMENT BREAK
3:55 – 5:05PM
KEYNOTE PRESENTATIONS & DISCUSSIONS
"TINA" TALKSTransformation | Innovation | New Initiatives | Alternative Strategies
What Will the Future Look Like? These fast-paced talks, inspired by the TED-talk format, offer strikingly original ideas about the future of our world. We think you'll find our presenters' insights to be challenging, maybe inspirational, and most definitely thought-provoking.
Pension Reform and Implications for Private Equity and Other AlternativesFeatured Speaker: Kathleen Kennedy Townsend, Director, The Rock Creek Group; Former Lt. Governor, State of Maryland
Making a DifferenceFeatured Speaker: Julie Sunderland, Director, Program Related Investments, Bill & Melinda Gates Foundation
Capitalizing on the Global Economic Transformation: The Trends Investors Cannot IgnoreFeatured Speaker: Sarah Alexander, Managing Director, The Abraaj Group
5:10 – 5:40PM
THE 2014 PRIVATE EQUITY TRAILBLAZER AWARDHonoring Cambridge Associates for its leading role in defining the Private Equity industry and Sandra A. Urie, Chairman and Chief Executive Officer, for her leadership of the organization.
Join us for a conversation with
5:40 – 7:30PM
NETWORKING COCKTAIL RECEPTION (serving dinner fare)
Day Two – Friday, March 14, 2014
6:15 – 7:15AM
WELLNESS ACTIVITIES (Thursday Sign-Up Required)
7:30 – 8:40AM
REGISTRATION/SIGN-IN AND NETWORKING CONTINENTAL BREAKFAST
8:00 – 8:45AM
BREAKOUT SESSIONS: LIFE LESSONS AT BREAKFASTCasual Conversation About Serious Issues
The Women's Private Equity Summit is all-business, most of the time. This morning, the focus turns to issues that resonate with you personally, as people with multi-faceted lives. We've programmed casual discussion sessions that highlight topics Summit attendees have often requested. Facilitated by experts, these informal gatherings are designed for candid conversation and reflection on matters both personal and professional. Grab breakfast in the Ballroom Foyer and head to the breakout room of your choice.
8:55 – 9:05AM
9:10 – 9:50AM
KEYNOTE PRESENTATION & DISCUSSION
IT'S A BIRD! IT'S A PLANE! NO, IT'S A ROBOT! INSIGHTS ON UAV TECHNOLOGY AND WHAT IT MEANS FOR INVESTORS
9:55 – 10:40AM
TRACKED DISCUSSION GROUPS - CONCURRENT SESSIONSConcurrent Discussion Groups shine a light on private equity, venture capital, real estate, other alternatives, global investing, firm management and more. Facilitated by GPs, LPs, and industry experts, these informal guided discussions provide a small-group forum for a candid and in-depth look at topics important to general partners, limited partners, and advisors to the industry.
SPOTLIGHT ON SECTORS TO WATCHThe Consumer: How Are Investment Opportunities Changing?
It's been more than five years since the global financial crisis. Home sales (and prices) are up. Automobiles are flying off the lot. And, yet for other consumer-centric market segments, the news remains a mixed bag. Our panel discusses this important sector as a whole, the deals that they are doing and whether the high-end consumer is a better bet than the average consumer.
SPOTLIGHT ON SECTORS TO WATCHWill IPOs, M&A, Advances and Costs Continue to Rise? What's Ahead for Health Care and Life Sciences Investors in 2014?
No sector generated more headlines and conversation in 2013 than health care. The rollout of the Affordable Care Act was botched. And public investors focused on the rush of life science companies coming public. But what does this all mean for investors going forward?
SPOTLIGHT ON SECTORS TO WATCHCollision Course or Smooth Sailing? The Impact of Hedge Funds on the PE Industry
The hedge fund and private equity worlds are increasingly colliding. There are battles over public companies, negotiations over bankruptcy restructurings and even teamwork in backing promising startups. Some private equity firms have added hedge fund offerings and hedge funds firms have been adding private equity funds. And, with a small but growing number of institutional investors increasingly looking at private equity and hedge funds as part of the same alternative investment pie, the interest in each side is mounting. Our panel discusses where hedge funds are headed and what it may mean for the private equity industry.
SPOTLIGHT ON SECTORS TO WATCHEmerging Managers: What Must They Do to Find Success?
Starting a venture capital or private equity firm is no easy task. In this session, you'll hear from limited partners and seasoned investors on what it takes for emerging managers to gain traction. You'll hear what firms need to consider when putting together teams, mapping out investment philosophies and, of course, gaining the trust and capital of limited partners.
SPOTLIGHT ON SECTORS TO WATCHPower Surge: What Lies Ahead for Energy Investors?
With North America returning to prominence as an energy producer, the game has changed for investors in recent years. Companies that can secure drilling rights and help transport natural gas from the ground to the port are on the rise. At the same time, interest in so-called alternative energies is waning. Will these trends continue? Our panel assesses the state of the industry and offers insight into how investors will be approaching this important segment.
SPOTLIGHT ON SECTORS TO WATCHHotels? Secondary Markets? Residential? Where Do Investors See Opportunity?
With capital available but prices climbing in certain markets, investors are trying to find creative ways to do deals. Our panel gives their view of the real estate market, discusses the types of investments they are focused on and dives into some of the deals that have made headlines.
10:40 – 11:00AM
NETWORKING REFRESHMENT BREAK
11:05 – 11:40AM
KEYNOTE INTERVIEW & DISCUSSION
11:45AM – 12:30PM
KEYNOTE PANEL DISCUSSION
THE LAST WORD: FINAL THOUGHTS FROM THE LIMITED PARTNERSYou've got questions and we have the limited partners to answer them. During the course of the Summit you've been submitting questions about the industry, strategy, international locations and fundraising. Now hear as some key limited partners tackle some of the most compelling queries.
Moderator: Jill Kitazaki, President, Denning & Company
* Program subject to change
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