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For the 2008 Emerging Markets Private Equity Forum: New York slide presentations, please see the links below:

Day 1 Chairman's welcome - David Snow - click here
Day 1 Keynote Address - Josh Lerner - click here
Day 1 Plenary Address - Sarah Alexander - click here
Panel: Improvements in corporate governance in emerging markets - click here
Workshop C: Managing risk for successful returns - click here

Day 1: Thursday March 27, 2008

7:30 – 8:30
Continental breakfast and check in

8:30 – 8:35
PEI Media / EMPEA Welcome

8:35 – 9:00
Keynote address: Emerging markets and private equity landscape: the past, the present, the future
Josh Lerner, Jacob H. Schiff Professor of Investment Banking, Harvard Business School

9:00 – 9:30
Plenary address: Setting the scene: Trends in Emerging Markets Private Equity
Sarah Alexander, President, EMPEA

9:30 – 10:30
Panel: GPs historical perspective on emerging markets private equity
• What makes it different now vs. earlier investment cycles?
• What are the key risks?
• Lessons learned by global funds
• What are the hot sectors?
• Why should investors and funds take it seriously?

Moderator: David Snow, Executive Editor, PEI Media
Panel members:
Thomas C. Barry, President & CEO, Zephyr Management, L.P.
Joseph W. Ferrigno III, Managing Partner, Asia Mezzanine Capital Group
Frederic Sicre, Executive Director, Abraaj Capital
David K. Yeung, President & CEO, AIG Capital Partners, Inc.

10:30 – 11:00
Coffee Break

11:00 – 12:00
Panel: India
• What are the realities of investing in this market?
• Mapping out the legal and regulatory landscape
• Sourcing deal opportunities
• Identifying key sectors

Moderator: Luis Miranda, President & CEO, IDFC Private Equity
Panel Members:
Dr. Patricia M. Dinneen, Managing Director, Siguler Guff & Company
Dr. Archana Hingorani, Executive Director, IL&FS Investment Managers Limited
Sarath Naru, Managing Partner, VenturEast
Robert Petty, Managing Partner, Clearwater Capital Partners

12:00 – 1:30
Lunch

1:30 – 2:30
Panel: China
• What are the key challenges of sourcing and transforming companies in China?
• Identifying and managing due diligence risks
• Latest regulatory developments and impact on investments
• Routes to liquidity

Moderator: JingJing Bai, Director, Asia Pacific, C.P. Eaton Partners, LLC
Panel Members:
Alice M. Chow, Managing Director, Squadron Capital Advisors Limited
Ami Dotan, General Partner, CIVC – China Israel Value Capital
Dr. Harold B. Ehrlich, Chairman, Ehrlich Associates, LLC
Kevin Wang, Managing Partner, Natixis Private Equity Asia Capital Limited

2:30 – 3:30

Panel: Looking beyond India and China
• Which regions are most attractive for private equity?
• Which regions are lagging behind that may offer future opportunities?
• Fund of funds and separate accounts  a good first step?
• Regional vs. country-specific funds

Moderator: Roger Leeds, Chairman, EMPEA
Panel members:
Boris G. Fedorov, Senior Managing Partner, UFG Capital Partners
H. Jeffrey Leonard, President, Global Environment Fund
André Roux, Chief Executive Officer, Ethos Private Equity
Nabil Triki, Managing Director, Head of Private Equity, Swicorp

3:30 – 4:00
Coffee break

4:00 – 5:00
Country roundtables:  a series of roundtables assessing a range of emerging markets

Brazil
Facilitator: Suzanne Weinstock, Staff Writer, PEI Media
Participants
:
Fernando Iunes, Managing Director, Investment Banking, Itau BBA
Thomás Tosta de Sá, Chairman of the Advisory Board, ABVCAP
Scott Voss, Principal, HarbourVest Partners, LLC
Ana Vigon, Managing Director, AIG Capital Partners

MENA (Middle East North Africa) 
Facilitator: Carlos Perry, Chief Operating Officer, EMPEA
Participants
:
Shailesh Dash, Senior Vice President, Head of Alternative Investments Group, Global Investment House
Abe Saad, Partner, Head of Private Equity, Rasmala Investments
Frederic Sicre, Executive Director, Abraaj Capital
Nabil Triki, Managing Director, Head of Private Equity, Swicorp

Russia & Central/Eastern Europe
Facilitator: Amanda Janis, Associate Editor, PEI Media
Participants
:
David Bernstein, Director, Investor Relations & Fund Operations, Baring Vostok Capital Partners
Petr Rojicek, Partner & CIO, ALPHA Associates
Narges Zamani, Managing Director, Alfa Capital Partners Ltd
 
South Africa
Facilitator: Jennifer Choi, Director of Research, EMPEA
Participants
:
Ngalaah Chuphi, Partner, Ethos Private Equity
John Gnodde, Executive Director, Brait 
André Pieterse, Head: Equity Investments, Absa Capital

5:00 – 5:45
Panel: Improvements in corporate governance in emerging markets
• The importance of raising standards across emerging markets
• How can or should corporate governance be measured?
• What investors expect and regulators demand
• Impact of corporate governance upon returns

Moderator: Roger S. Berry, Managing Partner, Liberty Global Partners
Panel members:
Gavin Anderson, Chairman, GovernanceMetrics International
Teresa Barger, Managing Director & CIO, Cartica Capital
Erik Peterson, Regional Managing Partner, Aureos Latin America

5:45 – 7:30
Cocktail Reception


Day 2: Friday March 28, 2008 

7:30 – 8:30
LP Breakfast Seminar  This breakfast meeting is by invitation only and is hosted by PEI and EMPEA

8:50 – 9:00
Chairman’s welcome

9:00 – 9:25
Keynote address: LP perspective  Uncovering Emerging Markets
Erik R. Hirsch, Chief Investment Officer, Hamilton Lane

9:25 – 10:15
Panel: Exits in emerging markets
• What are the best options?
• Strategic sale vs. IPO
• Where do you list?
• Structuring deals to maximize exit flexibility
• Profiling success stories

Moderator: Prakash Mehta, Partner, Akin Gump Strauss Hauer & Feld LLP
Panel Members:
Joaquin Avila, Managing Director, The Carlyle Group
Alvaro Gonçalves, Managing Partner, The Stratus Group
J. Scott Swensen, Chairman, Conduit Capital Partners, LLC 
Pote Videt, Managing Director, Lombard Investments

10:15 – 10:45
Coffee Break

10:45 – 11:45: Workshops

Workshop A: Marketing the fund to LPs
• Issues for first time managers
• What are LPs looking for?
• Dealing with the challenging questions
• Recognizing LP hot button issues during due diligence
• Do’s and Don’ts of presenting track record data
• Working with a placement agent

Moderator: Paul Denning, Chief Executive Officer, Denning & Company
Participants:
Andrea F. Kramer, Principal, Due Diligence Group, Hamilton Lane
Maninder Saluja, Co-Head, Emerging Markets Private Equity, Quilvest Group
Cengiz Selman, Managing Director, Acacia Advisors

Workshop B: Key terms and conditions in fund documentation
• Specific challenges for emerging markets fund managers
• Understanding the key financial terms of the limited partnership agreement
• Carry
• Management fee offsets
• Clawbacks

Moderator: Michael Halford, Partner, Corporate Department, SJ Berwin LLP
Participants
:
Prakash Mehta, Partner, Akin Gump Strauss Hauer & Feld LLP
Kartik C. Parija, Managing Director, Zephyr Peacock India

Workshop C
Managing risk for successful returns
• Defining the risk environment  Balancing opportunity with risk: political/social, financial, legal, human capital
• Minimizing transactional risk to maximize returns
• Lessons learnt in addressing emerging market risks

Moderator: Lee T. Stevenson, Managing Director, Private Equity and M&A, Marsh Inc.
Participants
:
Joaquin Avila, Managing Director, The Carlyle Group
Maura J. Garych, Senior Vice President, Political Risk Practice, Marsh Inc.
Cameron Hillyer, Chief Financial Officer, Clearwater Capital Partners
Abrar A. Hussain, Senior Counsel, Akin Gump Strauss Hauer & Feld LLP

Workshop D: Private equity real estate in emerging markets
• Where are the hot markets? What markets are overheated?
• What products offer the best opportunity and why?
• What are the benefits of various investment structures?
• Are the returns worth the risks?

Moderator: Philip T. Fitzgerald, Managing Director – Emerging Markets, Paladin Realty Partners
Participants
:
Russel S. Bernard, Managing Principal, Westport Capital Partners LLC
Ferhat Guven, Managing Director, Paladin Realty – EurAsia
Holger Mueller, Managing Director, UFG Real Estate
Chris Rode, Head of International Development Strategy, Trikona Capital

11:45 – 12:35
Panel: The LP view – investing in emerging markets private equity
• How to evaluate far-away and newer managers?
• Local talent versus global players
• Access to top GPs – getting tighter
• What is the right allocation?

Moderator: Jonathan Blake, Senior Partner, SJ Berwin LLP
Panel Members:
John B. Breen, Vice President  Global Head of Funds & Secondaries, Canada Pension Plan Investment Board
Peter Cornelius, Head of Economic & Strategic Research, AlpInvest Partners
Marietta Moshiashvili, Director  Alternative Investments, TIAA-CREF
June Yearwood, Vice President, Church Pension Group

12:35 – 12:45
Closing remarks

12:45 – 1:45
Closing Lunch


 

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