Day one: Tuesday, 16 March, 2010
12.30 – 13.15
Registration
13.15 – 13.30
Chairman’s welcome address
13.30 – 15.00
Perspectives from the cutting edge: How global private equity is adapting to the new world order
Does private equity need to be reinvented for a post crisis world?
What and where are the opportunities? Will private equity retrench as domestic concerns prevail?
New deals, new structures, new relationships with existing and new LPs?
Moderator:
David Hawkins, Co-founder, PEI Media
Panellists:
Dr. Rajiv Lall, Managing Director & CEO, IDFC
Josh Lerner, Jacob H. Schiff Professor of Investment Banking, Harvard Business School
Arif Naqvi, Founder and Group Chief Executive Officer, Abraaj Capital
Andrew Ross Sorkin, Chief Mergers & Acquisitions Reporter & Columnist, The New York Times
15.00 – 15.45
LP Clinic: What do investors want from MENASA private equity?
• Wise heads on young shoulders – MENASA managers maturing under pressure
• Managing liquidity. Capital calls vs distributions
• Balance of portfolio across geography and stages
Moderator:
Amanda Janis, Senior Editor, Private Equity, PEI Media
Participants:
Christoph Avenarius, Director, Alternative Investments, Credit Suisse
Stewart Hay, Partner, SL Capital Partners
15.45 – 16.30
Coffee break and networking
16.30 – 17.15
The PEI Think Tank
Some of the world's leading business minds look to provoke debate and stimulate fresh thinking with their entertaining take on global issues
Moderator:
David Hawkins, Co-founder, PEI Media
Participants:
Sir Paul Judge, Director, Standard Bank Group
• Globalisation and Politics
Jose Maria Figueres, Former President of Costa Rica, Chief Executive Officer, Concordia 21
• Climate Change after Copenhagen and implications for business
Sean Cleary, Founder and Executive Vice-Chair, Future World Foundation
• Where do we go now?
17.15 – 18.00
The Big Debate
“This house believes that the global financial crisis did nothing but good for the MENASA private equity industry.”
Two teams debate the motion.
Moderator:
Amanda Janis, Senior Editor, Private Equity, PEI Media
For the motion:
Dr. Sabah al-Binali, Principal and CIO, Saffar Capital
Jonathon Bond, Partner, Actis
Against the motion:
Hisham El-Khazindar, Managing Director & Co-Founder, Citadel Capital
Mark Silgardo, Senior Managing Parter, IL&FS Investment Managers Limited
18.00
Cocktail Reception and Gala Dinner, hosted by Abraaj Capital
Day two: Wednesday, 17th March, 2010
09.15 – 09.30
Chairman’s recap
David Hawkins, Co-founder, PEI Media
09.30 – 10.30
Opening panel session: Unlocking value in family companies – working with private equity
• What are the pros (and cons) of working with financial sponsors?
• Managing the cash crunch
• Introducing management controls and the art and science of KPIs
Moderator:
Benjamin Newland, Corporate Partner, King & Spalding
Panellists:
Anis Bibi, Executive Director, SHUAA Partners
Christophe de Mahieu, Managing Director & Co-Head, Gulf Growth Capital, Investcorp
David Heffernan, Chief Executive Officer, Septech
Anand Krishnan, Chief Executive Officer, Dubai International Capital
10.30 – 11.15
Coffee break and networking
Plenaries in parallel: Country, Fund and Deal focus
11.15 – 12.00
Egypt
- Sourcing transactions
- Servicing Europe’s heavy industry
- Privatisations – transformational deal flow
Moderator:
Abdalla ElEbiary, Managing Director, Citadel Capital
Participants:
Abdel-Monem Omran, Managing Director, Beltone Private Equity
Karim Moussa, Director, EFG-Hermes Private Equity
Turkey
- Creating opportunities in a relatively untapped market
- Where are the exits going to come from?
- What are the challenges?
Moderator:
Serkan Elden, Managing Director & CEO- Eurasia, PineBridge Investments
Participants:
Amjad Ahmad, Senior Managing Director, Alternative Investments, NBK Capital
Serkan Kizil, Senior Vice President, Invest AD
Selcuk Yorgancioglu Executive Director & Turkey Country Head, Abraaj Capital
12.00 – 12.45
Fundraising / Fund terms
- Is two and 20 still the prevailing model?
- Is there an opportunity for LPs to assert their power?
Moderator:
Benjamin Aller, Managing Partner – Middle East, SJ Berwin
Participants:
Laurent de Rosière, Partner, BC Partners
Paul Denning, Chief Executive Officer, Denning & Co
Thomas Frei, Managing Director, LODH Private Equity
SME investing
- Incentivising management – managing the milestones
- Importing proven business models into new territories
- Fixing the business plan without killing the deal
Moderator:
Amanda Janis, Senior Editor, Private Equity, PEI Media
Participants:
Dr Adnan Al Sultan, President, Al Quoudra Kuwait
Khaldoon Tabaza, Chief Executive Officer, Riyada Enterprise Development
12.45 – 14.00
Lunch
14.00 – 14.30
Data Snapshot: Making sense of the crisis and its consequences
• How the MENASA region fared: what are the real numbers?
• Are we in recovery? How soon will we return to the peak? What’s the long-term impact?
• Investing through the cycle – the role of private equity in a new economic landscape
Brad Bourland, Chief Economist & Managing Director - Proprietary Investment, Jadwa Investment
14.30 – 15.15
Idea Slam: Value creation – what levers to pull now cheap money is gone
• Looking at strategies for growth as the region recovers
• Where will growth come from: hot sectors – healthcare, education, manufacturing, financial services.
Moderator:
Stephen Kobrin, William H. Wurster Professor of Multinational Management, Wharton School, University of Pennsylvania
Panellists:
Lanae Holbrook, General Counsel, NASDAQ Dubai
Sankar Krishnan, Managing Director, Alvarez & Marsal
Emad Mansour, Deputy CEO & Chief Investment Officer, Qatar First Investment Bank
Jeremy Panacheril, Director, Strategic & Commercial Intelligence, KPMG
15.15 – 15.45
Keynote address: Private equity – at the heart of a region’s recovery
• Private equity: an increasingly important part of the new capital structure
• A focus on growth and good governance
• Generating returns responsibly
Parag Saxena, Founding Partner & CEO, New Silk Route Partners
15.45 – 16.30
Coffee break
16.30 – 17.15
Panel session: Fundraising in the new world order - how the region’s managers can attract international capital
• What do international investors need to know to invest in MENASA managers?
• MENASA region’s place in the global emerging markets - what lessons can MENASA managers learn from global private equity?
• What does the fundraising future hold?
Moderator:
Jennifer Choi, Director of Research, EMPEA
Panellists:
Ashok Aram, Managing Director, Abraaj Capital
Erik Kaas, Co-Head Investment Solutions, Partners Group
PeterPaul Pardi, Executive Director, Institutional Placement, Arcapita
Sasha van de Water, Managing Director, Keyhaven Capital Partners
17.15 – 17.45
Closing keynote: “Too big to fail” What Wall Street did Next
Andrew Ross Sorkin, Chief Mergers & Acquisitions Reporter & Columnist, The New York Times
Too big to fail - The Inside Story of How Wall Street and Washington Fought to Save the Financial System---and Themselves
17.45
Close of forum
*Please note this is a provisional agenda & may change closer to the event