Conference Details

 
Seventh Joint SPS/PEIA Seminar
January 21, 2010
 
Seventh Joint SPS/PEIA Seminar
Venue:
 
Delegate Fee:
£865 + VAT, £435 + VAT (reduced rate)
Please click here to view PDF flyer
 
Purpose:
This is an invitation only private event with the morning session open only to PEIA members, other private equity investors, pension funds and the conference sponsors. A limited number of private equity professionals will be allowed to join the afternoon open session
 

Sponsors:
Coller Capital
HarbourVest Partners, LLC
The Burgiss Group
The Carlyle Group



 
Programme:

08.30 Registration and coffee
09.00 Opening Remarks
Robert Coke, Chair of PEIA and Head of Absolute Return and Buyout Markets, Wellcome Trust
 
Trevor Cook, Managing Director, Specialist Pension Services
09.10 Keynote Address
Moderator: Robert Coke, Chair of PEIA and Head of Absolute Return and Buyout Markets, Wellcome Trust
 
The Challenge of Making Returns for Investors after the Credit Crunch.
 
Speaker:

David Rubenstein, The Carlyle Group
09.50 The Secondaries Market - all talk and no action?
Moderator: Peter Dunscombe, Head of Pension Investments, BBC Pension Trust
 
Why has the secondary market appeared to be so quiet when everyone said that this was where the action would be.
 
Speaker:
Stephen Ziff, Partner, Coller Capital
10.30 Coffee/Tea
11.00 Venture Capital Panel
Moderator: Robert Baird, Founder Member, PEIA
 
Is the venture capital model broken?
 
Speakers:

Nenad Marovac, Managing Partner, DN Capital

Frank Boehnke, General Partner, Wellington Partners

Michael Elias, Managing Director, London, Kennet Partners
11.50 Lawyers Panel
Latest trends in legal terms.
 
Moderator: Susan Flynn, Chief Executive Officer, Hermes Private Equity Limited
 
Panellists
 
Jonathan Blake, Senior Partner, SJ Berwin LLP

John Daghlian, Managing Partner, O'Melveny & Myers LLP

Geoffrey Kittredge, Partner, Debevoise & Plimpton LLP
12.40 Lunch
14.00 Academics Panel
Moderator: Howard Tisshaw, Managing Director, Sundt & Co.

An academic perspective on private equity.

Panellists to include:

Mike Wright, Professor of Financial Studies, Director of Centre for Management Buy-out Research, Nottingham University Business School


Francesca Cornelli, Academic Director of the Coller Institute, and a Professor of Finance at London Business School
14.50 Refreshments Break
15.00 Private Equity: a Consultant's Perspective
Moderator:  George Anson, Partner, HarbourVest Partners LLC.

Interest in investing in private equity and infrastructure is still strong but many investors struggle to understand and then get comfortable with the fee structures involved.  This session will outline how fees in these asset classes typically work and suggest ways that alignment between investors and managers can be improved.
 
Speaker: 

Jane Welsh, Global Head of Private Markets Research, Towers Watson
15.40 LP's Panel
Moderator: George Anson, Partner, HarbourVest Partners LLC

A panel of limited partners discuss how Investors have reacted to the current market conditions and what they expect to see in the future

Panellists 
Tatiana Chopova, Principal, AlpInvest Partners N.V.

Robert Coke, Chair of PEIA and Head of Absolute Return and Buyout Markets, Wellcome Trust

Kevin Dervey, Senior Manager, Alternatives, West Midlands Metropolitan Authorities Pension Fund

Mike Powell, Head of Alternative Assets, USS
16.30 Close of Seminar