7:45am – 8:45am

Breakfast

8:45am – 8:50am

Opening Remarks

8:50am – 9:30am

Panel Discussion

“Outlook on the Deal Environment”

Session topics include, but are not limited to:

• What are your thoughts on optimum deal-size for 2011?
• Capital Overhang: What will happen to un-invested capital? How can it be put to work? What’s the difference in overhang for growth vs. buyout funds?
• A look at opportunities in the middle market.
• What does excess capital coupled with a shortage of deals do to valuations and terms?
• When it comes to deal origination and increased competition around deals, how can managers get an edge? Is differentiating oneself as a manager and good partner just as important as getting deals done?
• Best practices for sourcing deals in the current environment.
• What are the most significant changes in deal-structure in light of the recession?

Moderator:
David MacKinnon
Partner
Ernst & Young

Panelists:
Cameron Breitner
Managing Director
CVC Capital Partners 

Ken Hanau
Managing Partner
3i North America

John (Jay) Jordan II
Chairman and Managing Principal
The Jordan Company 

9:35am – 10:15am

Panel Discussion

“A Look at Financial Reform in 2011”

Session topics include, but are not limited to:

• In light of impending changes to capital gains tax, what are best practices for making the most of capital before January 1st?
• Thoughts on the effect of tax changes for economic growth in 2011.
• What consequences following tax changes do you see for divestiture activity, as well as rules about how companies operate?
• A look at the European AIFM Directive and its effects on funding.
• Effects of Dodd Frank on PE funds. Especially in regards to requiring manager registration with the SEC, and investments from banking institutions.
• Discussion of greater compliance culture going forward. How necessary is it to have an in-house compliance office at a PE fund?
• Have financial reforms mistakenly conflated PE and Hedge, and thus had a more detrimental effect on PE?

Moderator:
Laura Kreutzer
Special Writer
Dow Jones & Co.

Panelists:
Stan Johnson
Partner and Chair, Private Equity Practice Group Loeb & Loeb LLP
Founder and Chair, The Miles Davis Foundation

Michael Pastore
Senior Vice President, Deputy General Counsel, Alternative Investments
GE Asset Management Incorporated 

Evert H. Vink
Chief Legal Officer
AlpInvest Partners, Inc

*This session is off the record

10:15am – 10:20am

Introducing Michael Bingle:

Jennifer Bellah Maguire
Partner
Gibson, Dunn & Crutcher LLP 

10:20am – 10:50am

“Outlook on the Technology Deal Environment”

Michael Bingle
Managing Director
Silver Lake

Interviewed by:
Jenny Farrelly
Corporate and Financial Communications
Edelman Worldwide

Session topics include, but are not limited to:

• A look at growth opportunities in the technology and technology enabled space
• Discussion of the buy-out market in 2011, and revival of bigger deals.
• Spotlight on SilverLakes recent deal with Warburg Pincus to buy IDC.

*This session is off the record

10:50am – 11:20am

Coffee Break

11:20am – 12:00pm

Panel Discussion

“Fund-Raising in the Current Environment”

Session topics include, but are not limited to:

• What economic changes need to occur for institutional investors to want to take on more risk in their investments?
• How do you feel PE sits relative to other asset classes? Are illiquidity, and long lock-ups still the biggest concern?
• A discussion around the idea of ‘fundless’ sponsors. Is finding the deal before the investors a viable strategy in the current market?
• The general consensus is that LPs are consolidating around existing relationships rather than branching out. Is the fund partnership model in some ways broken?
• What can fund managers do to promote their image? Are solid returns the only factor, or are investors looking for more?
• Best practices for emerging managers in the current environment.

Moderator:
Dominic Chu
Markets Reporter
Bloomberg TV

Panelists:
Jonathan Bloch
Partner
Manatt, Phelps & Phillips

Andrew Kwee
Principal
LGT Capital Partners (USA) Inc. 

Jeffrey Stevenson
Managing Partner
Veronis Suhler Stevenson

12:05pm – 12:45pm

Panel Discussion

"Successfully Managing and Adding Value to Portfolio Companies"

Session topics include, but are not limited to:

• A look at the IPO/exit environment for portfolio companies.  
• A discussion of best practices for cultivating good working relationships with your C-Suite Execs, including the best way to incentivize collaboration through performance based compensation.
• Thoughts on “growth capital” type investing in your portfolio companies in lieu of acquisitions i.e., providing additional capital to fund a “build” strategy as opposed to a “buy” strategy? ‘Add-ons’ and ‘tuck-ins’ around existing portfolio companies rather than whole new deals.
• Discussion on how Business Value can be enhanced by process optimization, technology transformation, outsourcing/off-shoring and managing in a shared services environment.

Moderator:
Ritesh Idnani
COO
Infosys BPO 

Panelists:
Tom Angell
Principal
Rothstein Kass

John Bates
Partner
Arlington Capital Partners

Brad Bernstein
Partner
FTV Capital 

*This session is off the record

12:50pm – 1:20pm     

“LP Perspective on the Private Equity Industry”

Erik Hirsch
Chief Investment Officer
Hamilton Lane Advisors

Interviewed by:
Gillian Wee
Reporter
Bloomberg News 

Session topics include, but are not limited to:

• Thoughts on where Private Equity sits as an asset class, compared with other ‘alternatives’.
• How can PE address ongoing liquidity concerns for investors?
• In terms of economic growth, what are the job creation implications of PE? How can PE funds help drive economic recovery (innovative sectors/companies)?
• Are PE funds looking outside their traditional areas of expertise, and does it make sense to expand?
• What strategies will win and lose going forward?

*This session is off the record

1:20pm – 2:20pm 

Lunch

2:20pm – 2:50pm

“A Look at Going Public from the Inside Out”

Session topics include, but are not limited to:

• A look at a recent IPO from the perspective of both the CEO and sponsor.
• Best practices in the current environment.
• General outlook on the IPO environment going forward.

Interviewer:
Brennan Lothery
Markets Reporter
Bloomberg TV

Speakers:
J. Andrew Damico
President and CEO
IntraLinks Inc. 

Habib Kairouz
Managing Partner
Rho Capital Partners

2:55pm – 3:35pm

Panel Discussion

“Investment Opportunities and Attractive Sectors for 2011”

Session topics include, but are not limited to:

• How has the reform bill affected opportunities in the health care sector?
• In 2010 there was a lot of buzz around distressed investments. Is that still the case, or have the deals dried up?
• Has there been a move by investors to focus on real assets over financial assets?
• What’s the outlook for commercial real estate in 2011?
• Is Growth Equity the hot sector for 2011?
• Thoughts on the herd mentality of PE funds. Do managers crowd opportunities and create a dearth of deals?
• Venture Capital is often touted as having good vintages post-recession. Thoughts on opportunities in VC.

Moderator:
Vito J. Racanelli
Staff Writer, European Editor
Barron's

Panelists:
Matthew J. Cushing
Partner
Bingham McCutchen LLP

Frank L. Duemmler
Partner
Kayne Anderson Real Estate Partners

David H. Storper
Senior Managing Director
WL Ross & Co.

3:35pm – 4:05pm

Coffee Break

4:05pm – 4:35pm

“Outlook on the Lending Environment and Middle Market”

David B. Golub
Vice Chairman
Golub Capital

Interviewed by:
Mia Saini
Anchor/Reporter
Forbes

Session topics include, but are not limited to:

• What kinds of opportunities are you seeing in the middle-market for PE investors?
• What are your thoughts on the ‘extend and pretend’ on bank loans? Where can BDCs play a role for smaller companies struggling to get financing?
• Apollo recently raised $225 million in term notes, what are your thoughts on what that means for the financing industry/BDC companies?
• You recently announced $83.7 million in new investments. How do you see the deal flow playing out in the next year more generally?
• What do you see as the major trends in the debt markets over the next 12 months?

4:40pm – 5:10pm

“Discussion of Debt vs. Equity in the PE Industry”

Steven Klinsky
Founder & CEO
New Mountain Capital

Interviewed by:
Mia Saini
Anchor/Reporter
Forbes

Session topics include, but are not limited to:

• New Mountain is focused on equity over debt. Have you seen a revival of interest in growth equity over the last year?
• While you do focus more on equity, in what instances, and for what business models do you think a focus on debt is necessary/appropriate?
• As a generalist investor, you can be open-minded about the deal you pursue. Can you talk a little about the rationale behind how and why you look at certain sectors/investment opportunities?
• You recently acquired a 50% ownership stake in Stroz Friedberg. Can you walk us thorough the process of selection there, as well as the plan for the company over the next few years.
• Just generally, what are your thoughts private equity over the next 12 months? Who do you think will be the winners and losers in a changed environment? Do you see a revival of so-called ‘mega deals’?

5:10pm – 5:15pm

Closing Remarks

5:15pm – 6:15pm

Closing Reception

*Please note agenda is subject to change