Conference Details

 
Seventh Joint SPS/PEIA Seminar
January 21, 2010
 
Seventh Joint SPS/PEIA Seminar
Venue:
 
Delegate Fee:
£865 + VAT, £435 + VAT (reduced rate)
 
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

Comments from Delegates Included

"This was the first conference that I had attended by this organisation so I wasn't sure what to expect, but I was thoroughly impressed"
Robert Coulll, South Yorkshire Pensions

"Great conference. Delighted I came. Many thanks for the invitation"
Anon

"Exceeded expectations and I fully enjoyed all of the presentations"
Debbie Fielder, Clwyd Pension Fund

"Exceeded expectations and I fully enjoyed all of the presentations"
Anon

"Very good overall!"
Anon

"A good learning experience"
Chris Davis, Warwickshire County Council

"The technical content was very impressive"
Anon

Pension Funds who attended this conference included:
Aberdeen City Council Pension Fund
Aerion Fund Management Ltd
Aon Uk Pension Scheme
BAE Systems Pension Funds Investment Management Ltd
Bank of Scotland
Barclays Bank UK Retirement Fund
BBC Pension Scheme
BBC Pension Trust
Bedfordshire County Council
Berkshire Pension Fund
BP Investment Management
British Coal Staff Superannuation Scheme
BT Pension Scheme
Cambridge University
Church of England Pensions Board
City of London
Civil Aviation Authority Pension Scheme
Clwyd Pension Fund
Davy
Diamond Trading Company
EDS Pension Trustee Company
GKN
GlaxoSmithKline plc
Government of Singapore Investment Corporation
Greater Manchester Pension Fund
Habitat UK Limited
Hermes Private Equity Limited
Lexa UK Limited
Mars
Medical Research Council
Mineworkers Pension Scheme
Nuffield Foundation
O'Melveny & Myers LLP
Oxford University Endowment Management
Oxfordshire County Council Pension Fund
Personal Accounts Delivery Authority (PADA)
Railpen Investments
Railways Pension Trustee Co. Ltd
Royal Mail Senior Executive Pension Plan
RWE npower
South Yorkshire Pensions
Sundt & Company Ltd
Transport for London
Universities Superannuation Scheme (USS)
Warwickshire County Council
West Midland Metropolitan Authorities Pension Fund

A similar conference which was run last year can be found here

 



 
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