7:45 – 8:45
Check In and continental breakfast
8:45 – 9:00
Welcome from Chairwoman & PERE Magazine
Zoe Hughes, Associate Editor, PEI Media
State of the market:
9:00 – 9:30
Keynote Address: How private equity real estate is reshaping the global property markets
Michael E. Pralle, President & COO, J.E. Robert Companies
Interviewer: David Snow, Executive Editor, PEI Media
9:30 – 10:30
Panel: The global imperative – US private equity real estate funds continue to go global
• What are the drivers for US GPS to go outside of their home market?
• Challenges to building a global platform
Moderator: Roger Singer, Partner, Clifford Chance US LLP
Panel Members:
Edward Carey, Managing Director, ING Real Estate Investment Management
Barden Gale, Vice Chairman, Real Estate, Starwood Capital Group
John Kessler, Chief Operating Officer, Morgan Stanley Real Estate
Richard Saltzman, President, Colony Capital, LLC
10: 30 – 11:00
Coffee Break
Private equity real estate in practice:
11:00 – 11:20
Presentation: Key Trends in Private Capital Flows into Emerging Markets
Peter Slatin, Editorial Director & Associate Publisher, Real Capital Analytics
11:20 – 12:45
Panel: Reports from the front line - asset transformation case studies
Practitioners present a quartet of deal case studies in the US and ex-US. Each is a distinctive transaction, each from significant [sub] sectors. Focus is on issues that arose, lessons learnt, results delivered.
Moderator: Steve Felix, Head of Marketing-North America/Global Real Estate Multi-Manager Group, AVIVA Investors
Panel Members:
Jon Halpern, Executive Managing Director, Marathon Asset Management
Scott Koenig, Director, RREEF
Thomas J. McDonald, Chief Strategic Officer, Equity International
Rich Weissmann, Partner, KSL Capital Partners
12:45 – 2:10
Lunch
2:10 – 2:30
Presentation: State of the global fund raising market
• Data presentation on funds raised, investment highlights and investor trends
Anthony Frammartino, Principal, The Townsend Group
2:30 – 3:20
Panel: The LP’s perspective
• Portfolio construction and the allocation to private equity real estate
• What effect will the credit crunch have on returns?
• The impetus to expand the global real estate allocation
• Assessing new and emerging managers
Moderator: Joanne Douvas, Principal, Clerestory Capital Partners, LLC
Panel Members:
Edgar Alvarado, Head of Real Estate Funds, Allstate Investments
Peter J. Pereira Gray, Deputy CIO, The Wellcome Trust
Susan Swindell Carter, Investment Director, Real Estate, North Carolina Retirement Systems
3:20 – 3:45
Refreshment break
3:45 – 4:45
Roundtables: Ask the expert practitioners
There will be a series of practitioner-to-practitioner roundtables featuring managers who have successfully done deals in different markets that are generating some of the greatest interest. Each roundtable will be hosted by seasoned practitioners familiar with each market and will be an opportunity for delegates to interact directly with these experts on these markets:
Brazil /Mexico
Facilitator: Luis F. Moreno Trevino, Partner, Haynes and Boone, LLP
Participants:
David O'Donnell, Chief Executive Officer, Grupo O´Donnell de Mexico
Richard Taylor, Managing Partner, Brookfield Asset Management Inc.
James R. Worms, President, Paladin Realty Partners
India
Facilitator: Eva Poon, Staff Writer, PEI Media
Participants:
Tim Junker, Principal, Walton Street Capital
Sri Sambamurthy, Managing Director, Starwood Capital Group
Sachin Shah, Partner, Samsara Capital
Russia/Eastern Europe
Facilitator: Christopher Roman, Partner, Clifford Chance US LLP
Participants:
Alisher Ali Djumanov, Managing Partner, Eurasia Capital Management
Mitchell Lench, Managing Partner, RPF Development
Peter A. Merrigan, President & CEO, Taurus Investment Holdings LLC
4:45 – 5:30
On-stage Keynote Interview - Taking advantage of market dislocation
Dean Adler, CEO & Co-Founder, Lubert-Adler Partners, L.P
Interviewer: David Hawkins, Managing Director, PEI Media
5:30 – 7:00
Cocktail reception
Day Two, Thursday, November 13, 2008
8:00 – 8:45
Continental breakfast
8:45 – 9:00
Chairman’s welcome
David Hawkins, Managing Director, PEI Media
Private equity real estate in practice part II:
9:00 – 9:30
Keynote Interview with a private equity real estate industry leader
Lee S. Neibart, Senior Partner, Apollo Real Estate Advisors
Interviewer: Zoe Hughes, Associate Editor, PEI Media
9:30 – 10:20
Panel: Lenders and Fund Sponsor's View on the Current Financing Market for Real Estate Funds
• What types of institutions are going to step into the void?
• Who will provide liquidity – investment banks, hedge funds, insurance companies
• Tranche warfare – structural issues with CMBS
Moderator: Louis Wolfowitz, Senior Managing Director, Cushman & Wakefield
Panel Members:
Juergen Fenk, Chief Executive Officer, Hypo Real Estate Capital Corporation
Jeff Friedman, Co-Founder & Co-CEO, Mesa West Capital
Albert C. Tan, Partner, Haynes and Boone, LLP
David E. Wasserman, Vice President - Senior Client Executive, Real Estate Department, Sumitomo Mitsui Banking Corporation
10:20 – 11:00
Panel: Strategic considerations when investing in distressed debt
• Is the distressed opportunity overstated?
• What does it mean to buy distressed assets?
• Understanding the type of risk analysis entailed
• Challenges of managing through tremendous uncertainty
• Dealing with legacy issues and capital raising to take advantage of it?
Moderator: Scott Farb, Managing Principal, Reznick Group
Panel Members:
Cia Buckley, Partner, Dune Capital
Andrew W. Isikoff, Managing Partner, Perry Capital LLC
Matthew Khoury, Managing Director, Angelo, Gordon & Co.
Gil Tenzer, Partner, Contrarian Capital Management, LLC
11:00 – 11:15
Coffee break
11:15 – 12:15
Panel: Niche domestic markets in the US
• Sourcing niche sector opportunities in the US i.e Healthcare real estate, urban real estate, military housing
• Case studies in adding value in unique sectors
Moderator: Matt Bruck, Managing Director, RICS Americas
Panel Members:
Steve Cameron, President, Foremost Communities
Sigrid Campbell, Vice President, PECO Capital, Phillips Edison
Stephen M. Kuhn, Managing Partner, Vinum Capital Management, LLC
Christopher N. Merrill, Co-Founder & Managing Director, Harrison Street Real Estate Capital
Outlook for 2008:
12:15 – 1:00
Presentation: Real Estate Private Funds- A Look to the future
The findings of a sampling of forecasts and predictions of 75 industry thought leaders will be presented, with an opportunity for the audience to offer their own consensus views and share ideas with other conference participants
David Hodes, Managing Director, Private Fund Group, Credit Suisse
1:00 – 2:00
Closing lunch and end of conference