Document 340275

Four Seasons Hotel, Hong Kong
Forum at a
glance
Join the world’s largest and most
influential gathering of Asia-focused
private equity and venture professionals
Who should
attend?
1000+
Senior professionals
160
Limited
partners
1
35
Industry-acclaimed
Awards ceremony
Countries
represented
PE Leaders’
Summit
Expert
speakers
Speakers
280
Organisations
5 reasons
to attend
SCHEDULE OF EVENTS
11-13 November 2014
550
Sponsors
NOW!
PRIVATE EQUITY &
VENTURE FORUM
2014
Cover
27th Annual
REGISTER
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What’s new?
A Brand New Networking App
Opportunities in the Private
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Toolbox: Data Download Session &
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AVCJ PRIVATE
EQUITY
& VENTURE
27th Annual
Cover
2014
Sponsors
FORUM
Sponsors
Lead sponsors
Asia series sponsor
5 reasons
to attend
SCHEDULE OF EVENTS
Forum at a
glance
Co-sponsors
Who should
attend?
LP Breakfast sponsor
VC summit legal sponsor
PE Leaders’
Summit
VC summit sponsors
Knowledge partner
Speakers
Legal sponsor
LP summit sponsors
VC Summit
PE leaders’ summit sponsors
Exhibitors
LP Summit
Awards sponsors
ESG workshop sponsor
I
Investment
Summit
Sponsorship opportunities
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The AVCJ Forum offers a range of standard and bespoke sponsorship packages that can be tailored to suit your
company’s budget and business objectives.
For more information please contact Darryl Mag on +852 3411 4919 or darryl.mag@incisivemedia.com
2014
FORUM
to attend
Discuss and learn why Asia still matters in private equity
2014 AVCJ FORUM
SCHEDULE
AT A GLANCE
Sponsors
Monday, 10 November
Asian Private Equity &
Venture Capital Awards
Island Shangri-La Hotel (by invitation only)
18:15 Cocktail reception
19:15 AVCJ Awards dinner
& presentation
Sponsored by
Tuesday, 11 November
Make use of the breadth of experience from over 1,000+
PE Leaders’ Summit
Venture Capital Summit
Limited Partners’ Summit
attendees including the most promising GPs,
developers and financiers to review your investor
Four Seasons Hotel
relations effectiveness and benchmark your firm against
industry leaders
18:00 Summits conclude
Who should
attend?
share global best practices and case studies
Forum at a
glance
Hear from over 160 expert speakers who are driving
activity in private equity investment in the region,
08:30 Summits start
Forum Welcome Cocktails
5
18:15 Networking cocktails
Sponsored by
PE Leaders’
Summit
dedicated networking lounges, a mobile app,
social networks, cocktails and more!
Speakers
Four Seasons Hotel
Access exclusive networking facilities to capitalize on
the largest private equity community in the region (550+ GPs,
280 LPs, 1,000+ attendees from more than 35 countries):
Wednesday, 12 November
Investment Summit (Day I)
Four Seasons Hotel
Philanthropy Partner
Media Partners
08:00 Summit starts
18:10 Summit concludes
VC Summit
Partners & Supporting Organisations
5 reasons
to attend
Review top performing investment markets and
industries and emerging trends for the future
SCHEDULE OF EVENTS
1
2
3
4
5 reasons
Cover
AVCJ PRIVATE
EQUITY
& VENTURE
27th Annual
Gala Cocktail and Dinner
Four Seasons Hotel
18:15 Gala cocktail reception
Sponsored by
LP Summit
19:00 Gala dinner
Supporting Organisations
Sponsored by
Investment
Summit
Thursday, 13 November
Investment Summit (Day II)
Four Seasons Hotel
08:30 Summit starts
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16:00 Summit concludes
AVCJ PRIVATE
EQUITY
& VENTURE
27th Annual
Cover
2014
Forum at a glance
FORUM
Sponsors
ATTENDEES
Forum at a
glance
³ The AVCJ conference, because of its longevity as
well as the quality of the LPs and the GPs who attend
and participate on panels, is must-do for institutions with
private equity investment in Asia.
´
Who should
attend?
Douglas Phillips, Senior Vice President,
Institutional Resources, UNIVERSITY OF ROCHESTER
LIMITED PARTNERS
³ The AVCJ Forum always attracts high-calibre
people
– and then provides a program that identifies the key
industry issues to enable people to discuss and learn. It
has rightfully become an important fixture on the global
private equity circuit.
´
Speakers
ORGANISATIONS
550 280
Joseph Y. Bae, Managing Partner, KKR ASIA
PE Leaders’
Summit
³ AVCJ Forum assembles the biggest and
the best in global private equity.
The largest private equity IQ is here. ´
Padmanabh Sinha, Managing Partner, Private Equity, TATA OPPORTUNITIES FUND
35
³ The AVCJ HK Forum is simply the most important event
VC Summit
each year for Asian Private Equity. It’s where you catch up
with industry colleagues and stay informed on the latest
developments. It’s a great way to end each year.
´
COUNTRIES
Roy Kuan, Managing Partner, CVC CAPITAL PARTNERS
LP Summit
Breakdown of 2013 forum
BY TYPE OF COMPANY
32%
34%
21%
4%
2%
Placement Agents
Corporates 1%
Government 1%
Associations
2%
Other
3%
BY COUNTRY
11%
Managing Director/
Partner/CIO/CFO
Director/Portfolio Manager/
Chief Representative
Other 1%
China Hong Kong
10% 50%
South Korea
2%Japan
India
4%
U.K.
3% Germany
1%
Switzerland
39%
15%
1%
2%
U.A.E.
1%
Malaysia
Taiwan1%
Thailand1%
1%
32%
Singapore
8%
Australia
4%
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Principal/VP/
Associate
USA &
Canada
13%
Investment
Summit
General Partners
Limited Partners
Service Provider
Investment Banks
BY TITLE
Chairman/CEO/
Managing Partner
5 reasons
to attend
1,000+
SCHEDULE OF EVENTS
For 27 years, the AVCJ Forum has brought together
leading investors from across the globe for three days
of high-level dialogue, debate and networking. In a
programme that combines strategic and tactical issues,
you’ll hear from some of the world’s most successful deal
makers as they share their insights on the opportunities
for private equity investors going forward.
AVCJ PRIVATE
EQUITY
& VENTURE
27th Annual
Cover
2014
Who should attend?
FORUM
Forum at a
glance
Institutions and
Academics who are
involved in industry
research and reporting
new trends to inform and
educate
Who should
attend?
Speakers
Corporations and
entrepreneurs
who are looking at
understanding the
synergies private equity
can bring in expanding
their businesses,
regionally and globally
PE Leaders’
Summit
Including:
VC Summit
• Partner, Tax/Transactions Services/
• Fund Development Analyst
• Advisor
Assurance
• Funds General Counsel
• Analyst, Business Development
• Portfolio Manager
• General Manager
• Associate Director and Portfolio
• President
• Head of Alternatives Investment
Manager/Capital Markets
• Principal
Solutions/Corporate Finance
• Associate/Senior Associate/Associate
• Regional Associate Director
• Head of Asia Pacific/Southeast Asia/
Managing Director
China/Greater China Practice/North Asia • Regional Director
• Business Consultant
• Registered Foreign Lawyer/Foreign
• Head of Financial Services Industry
• Business Development & Marketing
Consultant
Services/ Client Services
Manager/Director
• Sales Associate
• Head of Fund Formation &
• Business Development Manager/
• Senior Account Director, Global Client
Management/Fund administration
Institutional sales
Services
• Head of Legal & Compliance
• CEO, CFO, COO
• Senior Associate, Research Analyst/
• Head of Marketing/Institutional sales/
• Chairman & Founder
Strategy
Real estate/Commercial Department
• Chief Investment Officer/Strategist,
• Head of Private Equity/Investor Relations/ • Senior Business Consultant
Chief Strategy Officer
• Senior Fund Manager
Portfolio Management
• Counsel
• Senior Manager, Corporate Finance/Tax
• Head of Restructuring
• Director of Business development
• Inestment Director/ Private Equity Director • Senior Vice President, Corporate/
• Director of Investor Relations/Legal
Legal & Compliance
• Investment Analyst
Counsel
• Senior Vice President/Vice President
• Investment Director
• Director of Marketing/Corporate
• Venture Partner
• Investor Relations Director
Communications/Public Affairs
• Vice President
• Lawyer
• Director, Corporate Finance
• Vice President Business Development/
• Director,Fund Administration Services/Fund • Managing Director
Asset Management
• Managing Director Investor relations/
Management/Corporate Accounting
Marketing/Client relations/Transaction
• Director, Head of Asia Pacific Markets
• Director, Operations/Client Development Advisory Services
• Managing Partner
• Founder/Founding Partner
LP Summit
Investment
Summit
5
Registration
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5 reasons
to attend
Advisory and
management
consultancies that are
looking at sourcing new
business partnerships
and expanding their
network in Asia and
overseas
Government
organisations who want
to understand the recent
changes regarding
allocations to alternatives
SCHEDULE OF EVENTS
Investors interested in
learning more about
private equity as an
asset class and also
the sectors that have
potential to deliver
attractive returns
Professional Services
firms which provide
intermediary services for
investment
Sponsors
Senior private equity
practitioners: This is
a perfect platform to
hear from leading LPs
and GPs on the most
pressing issues in global
private equity
AVCJ PRIVATE
EQUITY
& VENTURE
2014
Cover
27th Annual
FORUM
Sponsors
Limited partners
Susan J. Carter
Chief Executive Officer
COMMONFUND CAPITAL, INC
Faiz Mayalakkara
Director, Private Equity
EMIRATES INVESTMENT AUTHORITY
Juan Delgado-Moreira
Managing Director, Investment
Committee, Asia
HAMILTON LANE
D. Brooks Zug
Senior Managing Director and Founder
HARBOURVEST PARTNERS, LLC
David G Pierce
Managing Director and Head of Asia
HQ CAPITAL
Katja Salovaara
Senior Portfolio Manager, Private Equity
ILMARINEN MUTUAL PENSION
INSURANCE COMPANY
Kirk M. Beaton
Partner
LEXINGTON PARTNERS
Marshall W. Parke
Managing Partner
LEXINGTON PARTNERS
James D. C. Pitt
Partner
LEXINGTON PARTNERS
Doug A. Coulter
Partner
LGT CAPITAL PARTNERS
Denis Tse
Head of Asia - Private Investments
LOCKHEED MARTIN INVESTMENT
MANAGEMENT COMPANY
Jenny Zeng
Managing Partner
MAGIC STONE ALTERNATIVE
INVESTMENTS
David Chan
Head of Asia
MLC PRIVATE EQUITY
Sherry Lin
Managing Director
MOUSSE PARTNERS
Jacques Demers
Global Head, Investment Partners
& Partnerships
OMERS
Dan Farrell
Chairman and CEO
PRIVOS CAPITAL
Serge Lépine
Chief Executive Officer
THE QATAR ABU DHABI INVESTMENT
COMPANY (QADIC)
Maninder Saluja
Partner
QUILVEST
Josh Stern
Senior Investment Officer
ROBERT WOOD JOHNSON
FOUNDATION
Ally Zhang
Managing Director
SIGULER GUFF
Roger Pim
Managing Partner
SL CAPITAL PARTNERS LLP
Monte Brem
Chief Executive Officer
STEPSTONE GROUP
Jane Rowe
Senior Vice President
TEACHERS’ PRIVATE CAPITAL
Kenyatta K. Matheny
Senior Investment Officer
TEACHERS’ RETIREMENT SYSTEM
OF THE STATE OF ILLINOIS
Soichi Sam Takata
Head of Private Equity
TOKIO MARINE ASSET MANGEMENT
CO. LTD
LP Summit
Jeremy Coller
Executive Chairman and CIO
COLLER CAPITAL
VC Summit
Xiangming Fang
Managing Director
CHINA RE ASSET MANAGEMENT
COMPANY LTD
PE Leaders’
Summit
Thomas Kubr
Executive Chairman
CAPITAL DYNAMICS
Speakers
Alison Nankivell
Vice President, Venture Capital Action Plan
BUSINESS DEVELOPMENT BANK OF
CANADA
Who should
attend?
Jay Park
Managing Director
BLACKROCK PRIVATE EQUITY
PARTNERS
Forum at a
glance
Ernest Boles
CEO
AUDA INTERNATIONAL
5 reasons
to attend
Volkert Doeksen
Co-founder
ALPINVEST PARTNERS
SCHEDULE OF EVENTS
Guan Seng Khoo
VP, Risk Management
ALBERTA INVESTMENT
MANAGEMENT CORPORATION
Investment
Summit
Eric Marchand
Vice President
UNIGESTION
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AVCJ PRIVATE
EQUITY
& VENTURE
27th Annual
Cover
2014
Speakers
FORUM
Sponsors
Senior industry professionals
Nathaniel Childres
Managing Director
CHAMP PRIVATE EQUITY
Bill Ferris AC
Executive Chairman
CHAMP PRIVATE EQUITY GROUP
Mark Qiu
Chief Executive Officer & Managing
Director, CHINA RENAISSANCE
CAPITAL INVESTMENT INC. (CRCI)
Gaurav Ahuja
Director
CHRYSCAPITAL
Yvonne Siew
Director, Head of Asia Real Estate,
Global Managed Investments
CITI PRIVATE BANK
Robert Petty
Managing Partner and Co-Founder
CLEARWATER CAPITAL
PARTNERS
Craig Dauchy
Partner
COOLEY LLP
James Lu
Senior Business Attorney
COOLEY LLP
Ian O’Donnell
Partner
COOLEY LLP
Jordan Silber
Partner
COOLEY LLP
Roy Kuan
Managing Partner
CVC CAPITAL PARTNERS
Alvin Lam
Senior Managing Director
CVC CAPITAL PARTNERS
Warren Hirschhorn
Vice Chairman
DUFF & PHELPS, LLC
Patricia M. Dinneen
Senior Advisor
EMERGING MARKETS PRIVATE
EQUITY ASSOCIATION
Dhanpal Jhaveri
Partner and India CEO
EVERSTONE CAPITAL
Atul Kapur
Co-Founder and Managing Partner
EVERSTONE CAPITAL
Eddy Lee
Principal, FENOX VENTURE CAPITAL;
Consulting Assistant Professor,
STANFORD UNIVERSITY
Jamie Paton
Managing Director
FIRST RESERVE
Christina Gaw
Managing Principal & Head of
Capital Market
GAW CAPITAL
Yoshito Hori
President, GLOBIS UNIVERSITY
Managing Partner, GLOBIS CAPITAL
PARTNERS
Shinichi Takamiya
Partner, Chief Strategy Officer
GLOBIS CAPITAL PARTNERS
Wanlin Liu
Managing Director
GOLDMAN SACHS (ASIA) L.L.C.
Chris Churl-Min Lee
Associate
CLEARY GOTTLIEB STEEN &
HAMILTON LLP
Shubing Yuan
Senior Attorney
CLEARY GOTTLIEB STEEN &
HAMILTON LLP
Paul Kang
Senior Partner,
Head of Southeast Asia
HEADLAND CAPITAL PARTNERS
Marcus Thompson
Chief Executive Officer
HEADLAND CAPITAL PARTNERS
LIMITED
Chris Heine
Managing Director &
Head of Asia Pacific
ICG
Henry Nguyen
Managing General Partner
IDG VENTURES VIETNAM
Claudia Zeisberger
Affiliate Professor of Decision Sciences,
Entrepreneurship & Family Enterprise,
Academic Director INSEAD Global
Private Equity Initiative (GPEI), INSEAD
Gregory R Hara
President & Representative Director
J-STAR CO., LTD
Amit Anand
Co-Founder and Managing Partner
JUNGLE VENTURES
Jason Cheng
Co-Founder & Managing Partner
KEROGEN CAPITAL
Steven Okun
Director of Asia Pacific Public Affairs
KKR
Ming Lu
Partner
KKR ASIA LIMITED
Jaka Prasetya
Managing Director
KKR SINGAPORE PTE LTD
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Registration
Kathy Xu
Founder & Managing Partner
CAPITAL TODAY GROUP
Investment
Summit
Dennis Montecillo
President
BPI CAPITAL CORPORATION
LP Summit
Kosmo Kalliarekos
Managing Director
BARING PRIVATE EQUITY ASIA
VC Summit
John Connaughton
Managing Director
BAIN CAPITAL, LLC
PE Leaders’
Summit
Genevieve Heng
Director & Co-Founder
ANTHEM ASIA LIMITED
Speakers
Scott Kupor
Managing Partner
ANDREESSEN HOROWITZ
Who should
attend?
Abhay Pande
Managing Director, Asia
AMERICAN CAPITAL ENERGY &
INFRASTRUCTURE
Forum at a
glance
Kok Yew Tang
Chairman & Managing Partner
AFFINITY EQUITY PARTNERS
5 reasons
to attend
Amit Kakar
Partner & Co-Founder
AEQUUS CAPITAL PARTNERS
SCHEDULE OF EVENTS
Richard Folsom
Representative Partner
ADVANTAGE PARTNERS, LLP
AVCJ PRIVATE
EQUITY
& VENTURE
27th Annual
Cover
2014
Speakers
FORUM
Sponsors
Senior industry professionals
Kuo Chuan Kung
Partner
MBK PARTNERS
Homer Sun
CIO & Managing Director
MORGAN STANLEY PRIVATE
EQUITY ASIA
Richard Liu
Managing Director
MORNINGSIDE VENTURE CAPITAL
Marcia Ellis
Partner
MORRISON & FOERSTER
Renuka Ramnath
Founder, MD & CEO
MULTIPLES ALTERNATE ASSET
MANAGEMENT
Mounir Guen
Chief Executive Officer
MVISION
Nicholas Bloy
Co-Founder and Managing Partner
NAVIS CAPITAL PARTNERS
Rodney Muse
Managing Partner
NAVIS CAPITAL PARTNERS
Darren Massara
Managing Partner
NEWQUEST CAPITAL PARTNERS
Ashish Shastry
Managing Partner
NORTHSTAR GROUP
Daniel R. Mintz
Founding Managing Director
OLYMPUS CAPITAL ASIA
Gary Stead
Managing Director
OLYMPUS CAPITAL ASIA CREDIT
James Pearson
Chief Executive Officer
PACIFIC RISK ADVISORS
Weijian Shan
Group Chairman & CEO
PAG
JP Gan
Manager Partner
QIMING VENTURE PARTNERS
Nisa Leung
Managing Partner
QIMING VENTURE PARTNERS
Ray Haarstick
CEO & Founder
RELEVANT EQUITY SYSTEMS, INC
Charles Ong
Co-Chairman and Co-CEO
RRJ GROUP
Bruno Bensaid
Founder and Director, SHANGHAIVEST
Director, ANGELVEST
Lorna Xin Chen
Partner
SHEARMAN & STERLING
Hian Goh
Founding Partner
SILICON ISLAND
Kenneth Hao
Managing Partner and
Managing Director
SILVER LAKE
Yesha Sivan
Executive Director,
Coller Institute of Venture
TEL AVIV UNIVERSITY
Oliver Gottschalg
Academic Dean
TRIUM GLOBAL EMBA PROGRAM
John Lewis
Chief Executive Officer
UNITAS CAPITAL
VC Summit
Gordon Chin
Director and Head of Legal and Risk
LUNAR CAPITAL
PE Leaders’
Summit
YR Cheng
Partner
LUNAR CAPITAL MANAGEMENT
Speakers
Pote Videt
Managing Director
LOMBARD INVESTMENTS
Who should
attend?
Ken Chen
Partner
L.E.K. CONSULTING
Forum at a
glance
Andrew Thompson
Partner and Head of Private Equity,
South East Asia
KPMG SINGAPORE
5 reasons
to attend
Robert Ohrenstein
Global Head of Private Equity and
Sovereign Wealth Funds
KPMG
SCHEDULE OF EVENTS
Wei Zhou
Managing Partner
KLEINER PERKINS CAUFIELD &
BYERS
LP Summit
Investment
Summit
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AVCJ PRIVATE
EQUITY
& VENTURE
27th Annual
FORUM
Cover
2014
Programme
PE Leaders’ Summit
8:50
Opening remarks
9:00
Economist briefing (Joint session with the Venture Capital and Limited Partners’ Summits)
9:30
Asian private equity in 2014 (Joint session with the Venture Capital and Limited Partners’ Summits)
10:30
Forum at a
glance
An upswing in exit activity and capital inflows into the region from LPs is creating a greater level of optimism across Asia compared
with 12 months ago. As the market matures and the wider business community across Asia gains a better understanding of private
equity, a next level of private equity investors is emerging. Funds can no longer rely on just market beta to boost their results and
need to look at new ways to deliver value and increase returns. LPs also are becoming more sophisticated and look to allocate to
the few true winners versus those who are struggling with returns. So what is the outlook for the industry, and how have both global
and domestic developments this year impacted LP sentiment, valuations and deal flow and the expectations for the next vintage?
• What is the outlook for Asian private equity for 2015?
• Are Asian investors turning their heads back to home markets?
• How are local and international regulations and political changes affecting the private equity landscape?
• Did the exit market deliver this year? How are returns compared to Europe and the US?
5 reasons
to attend
Registration and refreshments
SCHEDULE OF EVENTS
8:00
Sponsors
Tuesday, 11 November 2014
Networking coffee break
Who should
attend?
11:00 The evolving funds model
Speakers
As the industry matures, it is inevitable that PE firms will expand their offerings and review the traditional model to continue
attracting LPs whose appetite for investments, fund types and duration, deal involvement and level of participation is changing. So
how can firms continue to remain relevant and successfully reinvent their brand, increase and diversify their skill sets and offer a
wider suite of services, asset types and terms to LPs?
• How and why are firms progressively diversifying into real assets, debt and mezzanine finance, and secondaries, and has this now
been accepted as an industry standard?
• Is the required skill set changing for private equity professionals now that there is an emphasis on operational expertise and a
departure into investments outside of the portfolio model?
• How are funds of funds differentiating themselves from the competition? Are separate accounts growing in importance?
• Can FOFs ensure that they stay relevant and continue to be a key component of the private equity ecosystem?
11:45 Fund formation, reporting and domicile issues
PE Leaders’
Summit
The systems and choices made when structuring and setting up a fund are fundamental when attracting investors. Where you
choose to form your fund and how it is administered, along with the methods and tools you employ to track and report, are critical.
So what are the latest trends and regulatory developments impacting the industry, and how are the experts working to find the
best solutions for GPs?
• How will the Alternative Investment Fund Managers Directive impact the ability of European investors to access Asian markets
and Asian fund managers to market their funds?
• How should you structure a fund in terms of selecting a domicile and providing provisions for co-investment, reduced fee and
carry terms on a deal-by-deal basis, parallel funds and exit timing?
• Which tracking methods or systems provide the richest fund performance data for daily decision-making and reporting?
• Which tools can you use to review portfolio transactions and balances to ensure compliance with investment restrictions?
VC Summit
12:30 Executive address (Joint session with the Venture Capital and Limited Partners’ Summits)
13:00
Networking lunch
LP Summit
14:00 Due diligence and risk analysis
Please note, the programme is subject to change.
9
Registration
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Investment
Summit
In this informative session, a panel of experts will examine the complexities and realities of doing business across Asia and the
processes and procedures that can be implemented to aid effective decision-making. What do you need to know to succeed in
the region from a legal, accounting and due diligence perspective, and how do you get an accurate version of the truth when
operating in an opaque business environment?
• How can you safeguard against currency convertibility and transferability risk?
• How do you identify corrupt business practice and the presence of corrupt government officials and regulators that can directly
impact your ability to manage your business?
• What processes can be used to employ contractual protection that are valid under local laws?
• What systems can you employ to ensure you are vigilant in the monitoring of investments from a due diligence perspective?
• How can you mitigate or avoid risk entirely through structural arrangements and specific deal terms?
• Which tools do due diligence experts use to establish an accurate picture of finances, personnel history, tax history and
projections of a potential investment and partner?
AVCJ PRIVATE
EQUITY
& VENTURE
27th Annual
FORUM
Cover
2014
Programme
PE Leaders’ Summit
Sponsors
Tuesday, 11 November 2014
14:45 Succession planning: Looking for the next generation of leaders
Forum at a
glance
15:30 Impact investing for private equity
Who should
attend?
The interest surrounding impact investing has not yet translated into a substantial increase in the amount of capital deployed
and exits realised. So how can PE funds align their interests with their investors who already have an appetite for high-risk,
high-return investment and develop credible products, metrics and expertise in the field of impact investment to earn both a
financial and a social return?
• Does the private equity business model need to be modified to reflect the scale and rate of return when making an impact
investment?
• What examples exist of the private equity industry earning a market rate of return and significant social returns through impact
investing?
• Do the scale and execution issues related to impact investing mean it may only ever remain a niche activity in the private
equity world?
• What investments and markets are on the radar for GPs in the realm of impact investments?
16:15
Networking coffee break
Speakers
16:30 Venture capital: Out of the freezer (Joint session with the Venture Capital and Limited Partners’ Summits)
PE Leaders’
Summit
Venture capital is back with a bang. Global consumer trends and advancements in technologies and services that have a
worldwide reach are attracting investors to the asset class and providing the potential for mega returns. Fundraising is strong and
optimism high. Venture is also featuring highly on governments’ agendas in Asia, with a number of government-backed initiatives.
But what has changed with both the approach of VC funds and the external forces that drive opportunity, and how can we create
a sustainable and steady VC industry?
• What are the contributing factors that have seen resurgence in interest and activity for VC?
• How can Singapore, Hong Kong and Beijing emulate the culture of Silicon Valley and create a hub for start-ups?
• What types of methods, size of multiples and scale of activity are predicted over the next 12 months for exits?
• What are industry experts’ predictions for the next tech innovation for Internet and mobile?
17:15 The development of the Asian LP: Global and domestic LPs share their views on private equity in Asia
(Joint session with the Venture Capital and Limited Partners’ Summits)
VC Summit
Asian LPs have emerged as dominant players in the private equity space. With large pools of capital and defined mandates
to invest, they have helped to change the LP base and are high priority for GPs looking to fundraise. They are also increasingly
looking back to Asia to make allocations, further strengthening the region’s attractiveness. In fact, many LPs are developing a local
presence, but what does this mean for international LPs who don’t have teams on the ground but who have historically been big
allocators to the region?
• How have domestic and global LPs’ local offices driven the direct and co-investment theme?
• Do larger LPs with bigger mandates receive more favourable terms?
• Does a lack of quality managers discourage LPs with allocations to make from investing in Asia?
• How do multi-strategy funds potentially create a misalignment of interests for LPs?
LP Summit
18:00 Close of summit
Sponsor
18:15
Cocktail reception
SPECIALIST
17:00 - 18:30 Women in Private Equity
EVENT
Tuesday, 11 November
Please note, the programme is subject to change.
10
Registration
Register online: avcjforum.com
Women in PE Supporting Partners
Investment
Summit
INVITATION
ONLY
5 reasons
to attend
SCHEDULE OF EVENTS
As many of the founders of the world’s leading PE firms reach an age of retirement, who takes up the reins and where they are
sourced is critical to ensure continuing investor confidence. Be it a high-profile hire or a star performer who has risen through
the ranks, it is imperative that funds plan and manage this very public process. What are PE funds doing to ensure they have
the right succession plan, and how can they prepare for staffing changes so they are viewed as an undisruptive and positive
transformation by the industry, investors and media?
• Is there a significant talent pool in place below the founders to lead the GP to the next stage?
• Is it wise to communicate future staff changes to your LPs when fundraising?
• What have the top GPs done to keep their leadership team in place, and do they have a a staffing strategy?
• What incentives, partnerships, and promotions and career paths can you develop to attract future industry leaders to your firm?
AVCJ PRIVATE
EQUITY
& VENTURE
27th Annual
FORUM
Cover
2014
Programme
Venture Capital Summit
8:50
Opening remarks
9:00
Economist briefing (Joint session with the PE Leaders’ and Limited Partners’ Summits)
9:30
Asian private equity in 2014 (Joint session with the PE Leaders’ and Limited Partners’ Summits)
10:30
Forum at a
glance
An upswing in exit activity and capital inflows into the region from LPs is creating a greater level of optimism across Asia compared
with 12 months ago. As the market matures and the wider business community across Asia gains a better understanding of private
equity, a next level of private equity investors is emerging. Funds can no longer rely on just market beta to boost their results and
need to look at new ways to deliver value and increase returns. LPs also are becoming more sophisticated and look to allocate to
the few true winners versus those who are struggling with returns. So what is the outlook for the industry, and how have both global
and domestic developments this year impacted LP sentiment, valuations and deal flow and the expectations for the next vintage?
• What is the outlook for Asian private equity for 2015?
• Are Asian investors turning their heads back to home markets?
• How are local and international regulations and political changes affecting the private equity landscape?
• Did the exit market deliver this year? How are returns compared to Europe and the US?
5 reasons
to attend
Registration and refreshments
SCHEDULE OF EVENTS
8:00
Sponsors
Tuesday, 11 November 2014
Networking coffee break
Who should
attend?
11:00 The return to prosperity: How VC came out of the cold
Speakers
In recent years VC investing has fallen out of favour, with a lack of strong exits and investments in successful portfolio companies
subduing LP appetite. However, the industry is enjoying a resurgence of interest across industries such as healthcare, education
and tech. What new models are VCs employing and how do they differ from the past models that failed to catch fire?
• How do the public markets affect venture today? If the IPO window closes, are we in trouble?
• Is the pace of innovation matching technology advancements in the areas of IT, mobile, social media, wearable devices and the
Internet of Things, creating a myriad of opportunities for VC?
• Besides Internet and mobile, which other sectors are providing venture with attractive investment opportunities-healthcare,
energy and utilities, electronics, life sciences?
• How are Asian cities attempting to recreate the Silicon Valley start-up model, and what role does government play in becoming
a tech hub?
11:45 The explosion of VC funding for mobile and technology companies
PE Leaders’
Summit
Funding from venture capital firms to companies in the mobile industry has never been higher. VC investment in mobile topped
USD1bn for the first time ever in a single quarter for both the third and fourth quarters of 2013, and total VC funding to mobile
reached over USD3.5bn for the year. Companies that engage in well-known mobile applications like gaming and photography are
still thriving but less ubiquitous application categories like mobile payments, location-based services and travel have all caught
the eyes of investors. A panel of avid investors will debate the future trends in the tech space and how VC can be at the forefront of
the industry.
• From gaming and photography to mobile payments and location-based services, how and where can VCs find the companies
in a sea of start-ups that will have the edge to succeed?
• What type of services and applications will the world need in the future that will capture a global user base?
• With VC investment in mobile reaching an all-time high and investors piling on cash to companies that are yet to turn a profit, is
there a danger of false expectations creating a bubble?
• Which markets provide the greatest potential in terms of technology consumer demand for VCs to exploit?
• How are technology companies addressing the combative issue of data security?
VC Summit
12:30 Executive address (Joint session with the PE Leaders’ and Limited Partners’ Summits)
LP Summit
13:00
Networking lunch
14:00 Finding entrepreneurs that will define the next era of innovation
Please note, the programme is subject to change.
11
Registration
Register online: avcjforum.com
Investment
Summit
Sourcing business founders with fantastic ideas that are scalable and commercial is challenging. VC’s have to search through
a myriad of ideas and often battle with their competitors to strike a deal and invest during the early stage. So how do seasoned
venture capitalists source and predict technologies that will align with consumer behaviours in the future and become the next
Facebook or Alibaba, and what hubs outside of Silicon Valley are currently viewed as the regions for innovation?
• Do you need to diversify and employ a broader approach to investible industries to match the markets and cultures you are
targeting?
• Are high seed-stage valuations making it difficult for start-ups to raise Series A? Are valuations unduly inflated?
• In spite of soaring valuations, are we likely to avoid another crash because of the larger global opportunity that now exists for
cloud computing, mobile tech and the Internet?
• How are corporate VCs accelerating growth through early-stage investments that align with their core business?
• How have accelerators, incubators, cluster groups and government initiatives in Asia helped to develop a community of start-ups
and entrepreneurs?
AVCJ PRIVATE
EQUITY
& VENTURE
27th Annual
FORUM
Cover
2014
Programme
Venture Capital Summit
Sponsors
Tuesday, 11 November 2014
14:45 The emergence of the super angel investor in Asia
Forum at a
glance
15:30 Money talks: The LPs’ view of VC investing in Asia and beyond
Who should
attend?
In this session a panel of international institutional investors discuss the VC industry and share with the audience their
experiences and future ambitions as investors in the asset class. How do LPs view Asia as a destination in comparison with the
US, Europe and other emerging markets, and are high-profile tech acquisitions like WhatsApp and the Alibaba IPO influencing
their outlook? Also, as recent successful fundraises by VC firms in the region suggest, is now an opportune time to visit LPs and
start fundraising?
• What are the realised and expected returns that LPs are expecting (and hoping) from VC?
• Where in the region to LPs feel comfortable with investment? Which markets do they currently deem too risky?
• What effects are macroeconomic conditions having on the VC industry in China, and are they a cause for concern for LPs
considering making commitments?
• What funds have delivered stand-out returns in Asia and are viewed by LPs as best in class?
16:15
Networking coffee break
Speakers
16:30 Venture capital: Out the freezer (Joint session with the PE Leaders’ and Limited Partners’ Summits)
PE Leaders’
Summit
Venture capital is back with a bang. Global consumer trends and advancements in technologies and services that have a
worldwide reach are attracting investors to the asset class and providing the potential for mega returns. Fundraising is strong and
optimism high. Venture is also featuring highly on governments’ agendas in Asia, with a number of government-backed initiatives.
But what has changed with both the approach of VC funds and the external forces that drive opportunity, and how can we create
a sustainable and steady VC industry?
• What are the contributing factors that have seen resurgence in interest and activity for VC?
• How can Singapore, Hong Kong and Beijing emulate the culture of Silicon Valley and create a hub for start-ups?
• What types of methods, size of multiples and scale of activity are predicted over the next 12 months for exits?
• What are industry experts’ predictions for the next tech innovation for Internet and mobile?
17:15 The development of the Asian LP: Global and domestic LPs share their views on private equity in Asia
(Joint session with the PE Leaders’ and Limited Partners’ Summits)
VC Summit
Asian LPs have emerged as dominant players in the private equity space. With large pools of capital and defined mandates
to invest, they have helped to change the LP base and are high priority for GPs looking to fundraise. They are also increasingly
looking back to Asia to make allocations, further strengthening the region’s attractiveness. In fact, many LPs are developing a local
presence, but what does this mean for international LPs who don’t have teams on the ground but who have historically been big
allocators to the region?
• How have domestic and global LPs’ local offices driven the direct and co-investment theme?
• Do larger LPs with bigger mandates receive more favourable terms?
• Does a lack of quality managers discourage LPs with allocations to make from investing in Asia?
• How do multi-strategy funds potentially create a misalignment of interests for LPs?
LP Summit
18:00 Close of summit
Sponsor
18:15
Cocktail reception
SPECIALIST
17:00 - 18:30 Women in Private Equity
EVENT
Tuesday, 11 November
Please note, the programme is subject to change.
12
Registration
Register online: avcjforum.com
Women in PE Supporting Partners
Investment
Summit
INVITATION
ONLY
5 reasons
to attend
SCHEDULE OF EVENTS
The birth of a new wave of angel investors is providing early-stage start-ups with a funding alternative. Many of the old-line VC firms
are focused on late-stage growth capital, so angels are providing seed capital and expertise to develop good ideas into great
businesses, while accepting a higher risk, with the hope of a higher return. How are super angel investors reinventing the start-up
economy, and are we seeing in Asia a recreation of the Silicon Valley model, where the entrepreneurs behind the first generation
of start-ups began backing the next generation, creating a self-sustaining ecosystem?
• Are super angels getting first refusal on the best new ideas because they are less demanding of entrepreneurs than VCs and
because of the magnetic effect their participation has on other investors?
• What super angel groups or networks exist in Asia?
• Has the disruptive nature of super angels caused friction with VC firms as they compete for deals?
• Why are established and renowned venture capitalists choosing to raise new money in a super angel fund?
AVCJ PRIVATE
EQUITY
& VENTURE
27th Annual
FORUM
Cover
2014
Programme
Limited Partners’ Summit
8:50
Opening remarks
9:00
Economist briefing (Joint session with the PE Leaders’ and Venture Capital Summits)
9:30
Asian private equity in 2014 (Joint session with the PE Leaders’ and Venture Capital Summits)
Who should
attend?
10:30
Forum at a
glance
An upswing in exit activity and capital inflows into the region from LPs is creating a greater level of optimism across Asia
compared with 12 months ago. As the market matures and the wider business community across Asia gains a better
understanding of private equity, a next level of private equity investors is emerging. Funds can no longer rely on just market
beta to boost their results and need to look at new ways to deliver value and increase returns. LPs also are becoming more
sophisticated and look to allocate to the few true winners versus those who are struggling with returns. So what is the outlook for
the industry, and how have both global and domestic developments this year impacted LP sentiment, valuations and deal flow
and the expectations for the next vintage?
• What is the outlook for Asian private equity for 2015?
• Are Asian investors turning their heads back to home markets?
• How are local and international regulations and political changes affecting the private equity landscape?
• Did the exit market deliver this year? How are returns compared to Europe and the US?
5 reasons
to attend
Registration and refreshments
SCHEDULE OF EVENTS
8:00
Sponsors
Tuesday, 11 November 2014
Networking coffee break
11:00 Why Asia still matters
Speakers
While growth in Asia has slowed, GDP growth is still high compared to its Western counterparts. China will continue to remain
one of the biggest global players in the future and will always have a place in investors’ portfolios. South-east Asia also remains
strong; with a burgeoning middle class, the consumer markets will continue to flourish. What is clear is that Asia needs to be a
carefully thought out plan with allocations in the right sectors in the right funds.
• Why should Asia be part of a diversified global portfolio?
• Which markets and sectors are still attractive for investors: healthcare, education, agriculture?
• If you get into the right funds with the right deals, does Asia deliver?
• How has the evolving role of the fund of fund created opportunities for investors?
11:45 Fireside chat: The development of the LP
PE Leaders’
Summit
12:30 Executive address (Joint session with the PE Leaders’ and Venture Capital Summits)
13:00
Networking lunch
14:00 Portfolio management in Asia: Strategies and solutions
VC Summit
Accurate portfolio management is always the key when looking at your private equity allocations, and no more so than in Asia
when many international LPs don’t have teams on the ground and must rely on intermediaries’ information and limited personal
contact. The key to success is taking your time and conducting proper and accurate due diligence. The challenge remains in
seeing the longer-term picture when investments are slower to deliver.
• Which is the best allocation strategy in Asia when the hot markets are so fickle?
• Is this the year for real numbers for LPs, and what tough questions should they be asking?
• How do you find quality managers in Asia? What is most important: track record, team structure, other factors?
• How is private equity stacking up against other asset classes?
LP Summit
14:45 Presentation: Asia’s secondary market update
15:15 Making co-investment work
Please note, the programme is subject to change.
13
Registration
Register online: avcjforum.com
Investment
Summit
Co-investment is the buzzword in the LP world. As LPs continue to become more sophisticated, more and more consider a
co-investment deal to be more attractive and more transparent. However, the jury is still out on whether these deals actually
increase returns, strengthen relationships and reduce costs.
• What factor is most appealing in co-investment: mitigating the J curve, reducing fees, increasing returns or managing portfolio
risk?
• Do co-investments really enhance GP relationships?
• Do LPs get the best deals from GPs in co-investments?
• What resources and capabilities are needed to undertake a successful co-investment programme?
AVCJ PRIVATE
EQUITY
& VENTURE
27th Annual
FORUM
Cover
2014
Programme
Limited Partners’ Summit
16:00
Sponsors
Tuesday, 11 November 2014
Networking coffee break
Forum at a
glance
Venture capital is back with a bang. Global consumer trends and advancements in technologies and services that have a
worldwide reach are attracting investors to the asset class and providing the potential for mega returns. Fundraising is strong
and optimism high. Venture is also featuring highly on governments’ agendas in Asia, with a number of government-backed
initiatives. But what has changed with both the approach of VC funds and the external forces that drive opportunity, and how
can we create a sustainable and steady VC industry?
• What are the contributing factors that have seen resurgence in interest and activity for VC?
• How can Singapore, Hong Kong and Beijing emulate the culture of Silicon Valley and create a hub for start-ups?
• What types of methods, size of multiples and scale of activity are predicted over the next 12 months for exits?
• What are industry experts’ predictions for the next tech innovation for Internet and mobile?
17:15 The development of the Asian LP: Global and domestic LPs share their views on private equity in Asia
(Joint session with the PE Leaders’ and Venture Capital Summits)
Who should
attend?
Asian LPs have emerged as dominant players in the private equity space. With large pools of capital and defined mandates
to invest, they have helped to change the LP base and are high priority for GPs looking to fundraise. They are also increasingly
looking back to Asia to make allocations, further strengthening the region’s attractiveness. In fact, many LPs are developing a
local presence, but what does this mean for international LPs who don’t have teams on the ground but who have historically
been big allocators to the region?
• How have domestic and global LPs’ local offices driven the direct and co-investment theme?
• Do larger LPs with bigger mandates receive more favourable terms?
• Does a lack of quality managers discourage LPs with allocations to make from investing in Asia?
• How do multi-strategy funds potentially create a misalignment of interests for LPs?
Speakers
18:00 Close of summit
Sponsor
18:15
5 reasons
to attend
SCHEDULE OF EVENTS
16:30 Venture capital: Out the freezer (Joint session with the PE Leaders’ and Venture Capital Summits)
Cocktail reception
PE Leaders’
Summit
VC Summit
SPECIALIST
17:00 - 18:30 Women in Private Equity
EVENT
Tuesday, 11 November
LP Summit
INVITATION
ONLY
Women in PE Supporting Partners
Investment
Summit
Please note, the programme is subject to change.
14
Registration
Register online: avcjforum.com
AVCJ PRIVATE
EQUITY
& VENTURE
27th Annual
FORUM
Cover
2014
Programme
Investment Summit
8:50
Opening remarks
9:00
Opening keynote address
9:30
Keynote panel: The evolution of private equity globally
Forum at a
glance
As with any mature market, private equity evolvement has led to a tiered system of the haves and the have-nots; at the top are those
who continue to raise funds and have strong exits with good returns. While the bigger funds have evolved to service many platforms,
there is also something to be said for the funds that have concentrated on a niche strategy executed well. As they become more
sophisticated, LPs consider the issue of manager selection to be more crucial than ever.
• How has the LP base changed, and where do the big commitments to private equity come from now?
• What skill set do you need to run a global private equity platform?
• Do multiplatform fund managers create a misalignment of interests for LPs?
• What capabilities do top-performing funds need to set them apart from their peers?
10:20 Keynote panel: Building private equity in Asia and beyond for the long term
Who should
attend?
The Asian private equity industry is in a stage of transformation as it evolves into a maturing market. With maturity comes the survival
of the fittest, who continue to raise funds, select great deals and achieve superior returns. Our private equity leaders discuss Asia’s
place in a global context: why Asia should sit firmly in LPs’ portfolios now and in the future, and how to build a sustainable platform for
private equity in Asia.
• Why should Asia be part of a global LP’s portfolio?
• Has Asian private equity delivered? Have the return drivers changed?
• What does sustainability for PE in Europe and North America mean for Asia?
• How do GPs and LPs see the private equity model changing? Does this affect your investment strategy in Asia?
Networking coffee break
Speakers
11:10
11:30 Track 1: Re-igniting the fire in China’s private equity market
PE Leaders’
Summit
China has entered a new cycle as its private equity market evolves. While the exit market stalled the market consolidated,
fundraising was tougher and valuations came down. To counteract these developments, value-creation strategies became more
prevalent in portfolio companies and domestic firms were forced to become more sophisticated. Investors have also realised that
Chinese private equity needs to be viewed as long-term investing and not short-term speculation.
• What is the reality of investing in a new China?
• Did the potential re-opening of the IPO market materialise expected returns, and what is the impact of Chinese firms listing abroad?
• Have new LPs such as insurance companies really had an impact on the landscape?
• How is the evolution and reform of the financial services sector creating opportunities for private equity?
Track 2: The year of power and energy
VC Summit
Driven by economic and industrial development and higher living standards, Asia’s energy demands are set to increase year on
year. The Asian Development Bank estimates that Asia will need investment of USD11.7trn in the energy sector between 2010 and
2035. The opportunities for private equity are vast and firms are presented with an irresistible opportunity. However valuations are
high and high profile failure of some big deals means investors remain cautious.
• Are power and utilities the best investments in Asia?
• Is private equity playing its biggest role in deregulated areas such as natural gas?
• Where should renewable energy fit into the picture? Is it just a fad?
• How can private equity ferret out the rich pockets of opportunity in the oil and gas sector?
LP Summit
12:15 Keynote address
12:45
5 reasons
to attend
Registration and refreshments
SCHEDULE OF EVENTS
8:00
Sponsors
Wednesday, 12 November 2014
DAY 1
Networking lunch
13:45 Keynote address
Investment
Summit
Please note, the programme is subject to change.
15
Registration
Register online: avcjforum.com
AVCJ PRIVATE
EQUITY
& VENTURE
27th Annual
FORUM
Cover
2014
Programme
Investment Summit
Sponsors
Wednesday, 12 November 2014
DAY 1
14:25 Track 1: North Asia: How it will live up to the hype?
Forum at a
glance
Track 2: Opportunities in private debt
Who should
attend?
Increased corporate debt, slowed growth, overexpansion and mismanagement have added pressure to Asian company balance
sheets and forced a number of companies to become distressed. This situation has led to a number of opportunities for private
equity to step in to fix financials and improve performance. A panel of distressed experts will discuss this trend.
• As global GPs establish debt funds, will this trend expand to Asia-Pacific GPs?
• Where does private debt fit in an LP’s allocation strategy, and are these allocations increasing?
• Are there sufficient mezzanine and distressed-debt opportunities in Asia to make it attractive for LPs, or will they continue to
look to the US and Europe?
• Will private debt remain a niche business, or become more accessible? Which regions and countries are most attractive?
15:15
5 reasons
to attend
SCHEDULE OF EVENTS
After a strong year for exits and a number of regulatory changes, Japanese private equity is seeing a revival. Private equity is perfectly
placed to help Japanese companies looking for growth outside of Japan due to a competitive local market and also for corporate
divestment. However, a tough fundraising climate has led a number of funds to close short of their hard caps.
South Korea continues to remain attractive as the sheen wears off of other parts of Asia. Domestic firms continue to thrive with
successful fundraising, growing sophistication and development of solid track records. Although very different markets, some of
the challenges are similar in South Korea and Japan: a lack of trust by family-owned businesses and a competitive marketplace.
Country-specific experts discuss the challenges and opportunities.
• How will the new GPIF allocation to alternatives open the floodgates for private equity?
• After a stellar year for exits last year in Japan, will the market continue to deliver?
• With an ever-increasing and successful domestic GP group, is South Korea still open to foreign investment?
• How does the wealth and size of the chaebols continue to present a problem and opportunity for private equity?
Networking coffee break
15:45 Investor selector: What do LPs look for in a GP when deciding where to commit their money?
Back for its second year, this hugely popular session returns with three new GPs all hoping to be chosen by our secret LP.
Speakers
16:35 Track 1: Southeast Asia: Sustaining momentum and seeking growth
PE Leaders’
Summit
Southeast Asia remains one of the most promising regions in Asia and continues to draw interest from the global community. The
fundamentals remain strong, with a burgeoning middle class and huge consumer demand. However, with political uncertainty and
currency issues, opportunities remain opportunistic and returns slow. A panel of experts discuss how the dynamics are changing,
how they see the ASEAN region developing and where you have to position yourself to take advantage of these opportunities.
• Why does the country versus regional debate still rage? Is this even more prevalent in Southeast Asia?
• How have currency issues increased investor appetite?
• Is it best to take an opportunistic approach when looking at Southeast Asia?
• As the shine has dulled on Indonesia, where is the next exciting investment destination?
Track 2: Hot sector drill-down: Healthcare
Healthcare continues to be a highlight for the private equity industry. This is especially true in Asia, with its unmet healthcare needs.
An ageing and more affluent population coupled with increased incidences of disease present numerous investment opportunities.
China, with its healthcare reforms, is one of the regions attracting the most interest, coupled with India. Private equity investors have
scope to shape the healthcare landscape of the future.
VC Summit
Focused work group: Private equity and family offices
17:20 The evolution of the alternatives LP
LP Summit
Alternatives continue to be an attractive diversification strategy for LPs, and private equity allocations continue to grow. Pension funds,
sovereign wealth funds and endowments are left with numerous choices, including private equity fund of funds and the gatekeeper
model. However, many LPs are no longer happy to be mere asset allocators, and many look for co-investment deals and direct
investment opportunities. With any shift in the playing field, this changing model raises many questions around capabilities skill sets,
competition and relationships.
• Why do alternatives continue to remain attractive, and why do allocations to private equity continue to increase?
• How is “shadow capital” controlled by big institutional investors flaming competition for deals?
• As the line between LPs and GPs blurs, is there better co-operation and enhanced relationships, and in return better investments
and higher returns?
• With more discussion around direct investments, do many LPs have the operating capabilities to go direct?
18:10 Closing remarks
Gala cocktail reception
19:00 Gala dinner
Keynote dinner speaker
Sponsor
Investment
Summit
18:15
Sponsor
available on a complimentary basis from
8.00am to 16.00pm on 12-13 November
Register online: avcjforum.com
Level 5,
Boardroom
Please note, the programme is subject to change.
16
Registration
NETWORKING
Networking loungeLOUNGE
AVCJ PRIVATE
EQUITY
& VENTURE
27th Annual
FORUM
Cover
2014
Programme
Investment Summit
9:00
Fireside chat: Private Equity’s role in the world’s largest IPO
9:30
Delivering real value: Creating truly global companies in Asia
Forum at a
glance
Despite the naysayers, the notion of creating alpha from Asian investments is alive and kicking. The sale of Oriental Brewery
with its 5x return and the Alibaba IPO have proven that with the right skills you can transform local companies into global
organisations that can prosper and grow on an international scale. However, as with any buzzword there has been some
caution on how firms can really deliver value in some regions, especially when minority deals are still prevalent. Our specialists
discuss how to truly deliver value.
• How do PE firms develop their skill sets, processes and procedures for implementing standardised operational improvement?
• What company-wide analysis can be performed to identify areas where change can assist in improving the bottom line?
• How can you measure the effectiveness of your people and processes for continuous improvement of your alpha-generating
capabilities?
• What options are available if your new management strategies are met with resistance?
5 reasons
to attend
Registration and refreshments
SCHEDULE OF EVENTS
8:30
Sponsors
Thursday, 13 November 2014
DAY 2
10:30 Keynote address
Who should
attend?
11:00
Networking coffee break
11:30 Venture: The Facebook effect
Speakers
The interest surrounding venture investing is reaching fever pitch. From seed capital searching for the next disruptive technology,
to billion-dollar M&A acquisitions like that of WhatsApp, predicting where viral lightning will strike next is motivating VCs globally
in the search for great entrepreneurs and products. Which factors have contributed to this rise in VC, is this likely to last and how
are fund managers across the region maximising the opportunity?
• What has driven the new breed of venture, and how is it different from the previous incarnation?
• As corporate venture moves from seed to M&A, where are the new opportunities?
• Will the Internet of Things and wearable technologies be the next disruptive technologies with mass appeal?
• After China, where is the next VC investment destination?
12:15 Track 1: Contrarian view: The time to invest in India is now
PE Leaders’
Summit
VC Summit
Private equity is still developing a strategy for operating in India. A declining rupee and slowing growth have caused the exit
market to stall and investors to get jittery. However, foreign and domestic firms are becoming more disciplined and sophisticated
in terms of investing. Improved due diligence and lower valuations mean many foreign firms feel businesses are ripe for picking.
This distinguished panel discusses the new wave of Indian private equity.
• How do local GPs need to adapt in order to prosper in the new India?
• With the need for power and transport infrastructure well known, which other key areas of infrastructure development will
attract investment into India? Is a new wave of discounted opportunities set to come to market?
• How have political changes in India affected private equity? How reliable will the new government be in enforcing regulations?
• Will secondaries continue to grow as a successful exit route?
Track 2: Exits
LP Summit
The exit market remains challenging in Asia; however, a number of high-profile, very successful exits have proved that the right
acquisitions at the right time can prove very fruitful. Trade sales continue to be a solid exit route, and in some regions are the
preferred route over IPOs. The year 2014 is seeing the secondary market play an increasingly important role, which further
compounds the fact that the Asia private equity market is maturing. The panel discusses the changing landscape and overall
themes for 2015.
• How has the exit landscape evolved in Asia?
• Does perception affect sponsor-to-sponsor exits?
• What is the appetite from corporates for M&A? Which industry seems to be most active in this space?
• Has the IPO market delivered on its promise to revitalise the exits market?
The pacific risk advisors workshop: A 1.01 Guide for Fund Managers to Precisely Focus and
Manage ESG Risks (for their Portfolios)
Investment
Summit
Register online: avcjforum.com
Please note, the programme is subject to change.
17
Registration
ESG risks are becoming more apparent in investment decisions and Fund Managers need to establish what ESG really means to
their portfolio and exit value. With over 25 years of ESG management experience throughout Asia, James Pearson, CEO of Pacific
Risk Advisors, will share insights on how ESG risks can be optimally managed and how these are best integrated into the overall fund
management process. James will illustrate his workshop with recent Asia Pacific E&S due diligence case studies, address questions
and share expertise on specific industries of audience interest. James will succinctly share how to optimally:
• Drive results through managing ESG risks and opportunities
ESG Sponsored by
• Manage internal expectations
• Maximize exit values through E&S risk management mechanisms
AVCJ PRIVATE
EQUITY
& VENTURE
27th Annual
FORUM
Investment Summit
Sponsors
Thursday, 13 November 2014
DAY 2
13:00
Cover
2014
Programme
Networking lunch
14:00 The role of private equity in helping companies expand abroad is not new, but it is one that is becoming more prevalent.
14:00 Competition among countries and companies that desire to compete on a global scale has led to numerous opportunities
Forum at a
glance
for private equity to play a part. Japan and South Korea are both looking not only to the West but also to opportunities in
South-east Asia. China continues to be a gateway for both inbound and outbound expansion. Our panel looks in-depth at
how to add value and drive returns after the original investment.
• What happens post-acquisition-in reality, how do you manage these portfolio companies?
• With a lot of currency risk, how do you manage returns?
• As risk transcends markets, how do you align vested interests in each market? What is the impact of hard and cultural
risks?
• While this has been a mostly Chinese phenomenon, which countries are now looking at more expansion abroad?
5 reasons
to attend
SCHEDULE OF EVENTS
14:00 Track 1: Looking for growth abroad
Track 2: Private equity in real estate
Who should
attend?
As firms continue to develop, separate real estate funds are a growing part of the private equity market. China, India and
Japan lead the charge with investment, but there are still a number of barriers to entry. The key question is how managers
can add value. Additionally, with more Asian institutional investors looking for growth abroad, the capital allocator model
provides exposure without the skill set. However, the traditional operator model still has a place.
• Which property sectors are more attractive and accessible in Asia?
• Asian investors are increasingly active outside of Asia. Which markets present the best investment destinations?
• With a number of Asian fund managers raising separate real estate, will this cause a deal flow issue?
• How are GP-LP dynamics and alignment of interests evolving? What are the co-investment trends in real estate?
Focused work group: Frontier markets round-robin
Speakers
Philippines, Thailand, Vietnam and Myanmar
14:45 Data download: Benchmarking Asia, Europe and the US
15:15 Lifeboat session: Fighting for your region
PE Leaders’
Summit
As the fundraising environment becomes more competitive, join us for our new session on which region provides the best
opportunities. GPs from Asia, Europe and the US will compete against one another until one is left as the winner.
16:00 Close of summit
VC Summit
LP Summit
available on a complimentary basis from
8.00am to 16.00pm on 12-13 November
Level 5,
Boardroom
Please note, the programme is subject to change.
18
Registration
Register online: avcjforum.com
Investment
Summit
NETWORKING
Networking loungeLOUNGE
27th Annual
2014
FORUM
11-13 November
Online: register at www.avcjforum.com/static/book-now
E-mail: Send booking form to register@avcj.com
Q Call: Carolyn Law at +852 3411 4837
Q Fax: Download the PDF Booking Form and Fax it to +852 3411 4811
Q Mail: Unit 1401-03, Devon House, Taikoo Place, 979 King’s Road,
Quarry Bay, Hong Kong
BOOKING REFERENCE CODE: O-BROCHURE_HK-AVCJ-14
Q
Q
Booking details
Platinum Package
Diamond Package
2-Day Investment Summit ONLY &
all social events during this period
3 Days: PE Leaders / VC Summit & 2-Day Investment
Summit ONLY & all social events during this period
US$3,695
US$4,095
US$3,995
US$4,395
US$4,395
US$4,795
US$1,847
US$2,047
Private Equity Firms / Family Offices / Venture Capital Firm
Intermediaries
Placement Agents / Investment Banks
Service Providers
Corporates / Professional Services / Software Solutions / Other
Funds of Funds / LP Secondaries
Forum at a
glance
Standard Pricing
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I plan to attend the Welcome reception on Tuesday, 11 November at 18:15 (Grand ballroom, Four Seasons Hotel)
I plan to attend the Gala cocktail and dinner on Wednesday, 12 November at 18:15 (Grand ballroom, Four Seasons Hotel)
Yes
Yes
No
No
Cheque payable to AVCJ Group Ltd.
Bank transfer to HSBC, One Queen’s Road Central, Hong Kong: A/C# 004-502-118953-001(US$/HK$)(SWIFT code: HSBCHK HHH KH)
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Summit
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Venue and accommodation
8 Finance Street, Central, Hong Kong / Tel : +852 3196 8357 / Fax : +852 3196 8330 / Email: groupres.hkg@fourseasons.com
LP Summit
Cancellation / refund policy: A cancellation charge of US$300 is applicable to written cancellations received on or before 21 October 2014. No refund will be made for cancellations after
the date due to our advance guaranty obligations and administration costs.
Pay in advance: We will include registrants’ names on the official delegate list if we have received your registration fees on or before 4 November 2014. All payments should be made prior
to the events. Regrettably, no entrance will be permitted for payments not received before the events take place.
Four Seasons Hotel
5 reasons
to attend
Standard Pricing
General Partners
SCHEDULE OF EVENTS
If you have a discount code,
please enter it:
REGISTER
NOW
Sponsors
Four Seasons Hotel, Hong Kong
5 EASY WAYS TO REGISTER:
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AVCJ PRIVATE
EQUITY
& VENTURE
A limited number of rooms have been reserved at a special rate for conference delegates. Please book your room directly with the hotel and
identify yourself as an AVCJ Forum participant to qualify for the rate:
Investment
Summit
• Deluxe Peak View Room: HK$4,900 per room per night + 10% service charge
• Deluxe Harbour View Room: HK$5,500 per room per night + 10% service charge
Above special rates are only available during 10-14 November, 2013 and subject to hotel availability.
To download the hotel booking form please visit www.avcjforum.com/venue-accommodation
Please note that the hotel will confirm room bookings directly with each registrant.
Note: AVCJ does not bear the responsibility for delegates’ travel and accommodation arrangements.
REGISTRATION ENQUIRIES:
Carolyn Law
t: +852 3411 4837
e: Register@avcj.com
SPEAKING OPPORTUNITIES:
Sarah Doyle
t: +852 3411 4842
e: Sarah Doyle@incisivemedia.com
SPONSORSHIP ENQUIRIES:
Darryl Mag
t: +852 3411 4919
e: Darryl.Mag@incisivemedia.com
MARKETING AND MEDIA ENQUIRIES:
Audrey Reisdorffer
t: +852 3411 4706
e: Audrey.Reisdorffer@incisivemedia.com
201014
Registration
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