IIR & IBC Finance is part of the Knowledge and Networking Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 3099067.

Informa
08:45 - 08:50
Registration and welcome coffee

Registration and welcome coffee

More
Showing of Streams
10:50 - 11:15

Morning coffee and networking break

More
Showing of Streams
Showing of Streams
Showing of Streams
13:15 - 14:15

Lunch and networking break

More
Showing of Streams
Showing of Streams
15:30 - 15:55

Afternoon refreshments and networking break

More
Showing of Streams
Showing of Streams
17:45 - 19:15

Networking drinks reception

More
19:15 - 19:20
End of main conference day 2

End of main conference day 2

More
08:45 - 08:50 5 mins
Registration and welcome coffee
08:50 - 09:00 10 mins
Day 2
Chairperson’s introduction
09:00 - 09:30 30 mins
Info
Day 2
Diversity and higher purpose investing
  • David Jeffrey - Partner, StepStone Group
  • Imogen Richards - Principal and Global Head of Investment Structuring and Strategy, Pantheon
  • John Hartz - Managing Partner, Inflexion Private Equity Partners

What does it mean to be a responsible investor? How well is private equity justifying its licence to operate and can it continue to attract the best-in-class of the next generation? How well has private equity as an industry embraced calls for greater diversity?

09:30 - 09:55 25 mins
Day 2
Market Outlook: A View From Hamilton Lane
  • Brian Gildea - Managing Director, Head of Investments, Hamilton Lane
09:55 - 10:25 30 mins
Info
Day 2
Sector spotlight showcase

Series of presentations will be delivered on the investment opportunity in:

Automotives | healthcare | retail | technology

10:25 - 10:50 25 mins
Day 2
Keynote interview
  • Kurt Bjorklund - Co-Managing Partner, Permira
  • Interviewed by Sarah Syed - European Private Equity Correspondent, Bloomberg News
10:50 - 11:15 25 mins
Morning coffee and networking break
11:15 - 11:50 35 mins
Day 2
Guest speaker: the tech guru
11:15 - 12:20 65 mins
Info
Engaged Conversations
Complexity for the sake of complexity
  • Maarten Vervoort - Managing Director, AlpInvest Partners

Complex deals, fund restructurings and niche strategies: Are you just taking on more risk for the same return? Are these just a result of a primary and secondary market that is too expensive?

11:50 - 12:20 30 mins
Info
Day 2
Challenges in the new world: Blockchain, work flow automation, 3D printing and driverless cars
  • Vladimir Lasocki - Managing Director and Co-Head of the Europe Technology advisory group, Carlyle

What current and predicted technological advances are posing the greatest disruption and how are savvy GPs responding to this? Which industries are best positioned for disruption now and how can technologies be harmonised across multi sector and regional portfolios? What do LPs need to be aware of?

12:20 - 12:45 25 mins
Day 2
Keynote interview
  • Niklas Zennström - CEO & Founding Partner, Atomico
  • Interviewed by Constanijn van Oranje - Special Envoy, Startup Delta
12:45 - 13:15 30 mins
Info
Day 2
Mid market
  • Moderator William van Eesteren - Managing Director, Wilshire Private Markets
  • Panellists Neil MacDougall - Managing Partner, Silverfleet Capital
  • Jannik Kruse Petersen - Head of EQT Mid Market Europe, EQT Credit
  • Rich Lawson - Chief Executive & Co-Founder, HGGC

How are mid market GPs shrewdly deploying capital and generating alpha in an increasingly saturated market? Who are the main competitors for deals today? What innovations are we seeing on both GP and fund level, and what are the advantages of flexible capital?

13:15 - 14:15 60 mins
Lunch and networking break
14:15 - 14:30 15 mins
Day 2
Data Presentation: Active portfolio management and risk
  • Cyril Demaria - Head of Private Markets, Wellershoff & Partners
14:15 - 15:00 45 mins
Info
Engaged Conversations
Fees, performance and benchmarking:
  • Discussion Leader Tim Jenkinson - Professor of Finance, Private Equity Institute, Said Business School, University of Oxford

- Are we seeing death of IRR as a performance measure?

- Do we need to rethink the standard hurdle rate?

- Is fee-related misalignment greater than it ever has been?

14:30 - 15:00 30 mins
Info
Day 2
Active portfolio management and risk
  • Maarten Vervoort - Managing Director, AlpInvest Partners
  • Cyril Demaria - Head of Private Markets, Wellershoff & Partners
  • Dana Haimoff - Portfolio Manager, J.P Morgan Asset Management

Faced with an increasing portfolio size and an uncertain macroeconomic environment, how are LPs repositioning their portfolios and what models are being using to quality and quantify risk? Consolidation of GP relationships, selling of non-core assets, co-investing, diversification and ESG: what do LPs believe are the best drivers for returns?

15:00 - 15:30 30 mins
Info
Day 2
Emerging vs developed markets: comparing apples with oranges?
  • Moderator Ruulke Bagijn - Managing Director, Head of Primary Investments, AlpInvest Partners
  • Panellists Steve Cowan - Managing Director & Co-Founder, 57 Stars

How does emerging markets private equity differ from that of developed markets and how are seasoned GPs overcoming currency volatility and political risk to deliver for investors? How are emerging markets justifying their place in a private equity portfolio and what return premium should be sought, if any?

15:30 - 15:55 25 mins
Afternoon refreshments and networking break
15:55 - 16:00 5 mins
Stream A: What's next?
Afternoon Chair
15:55 - 16:00 5 mins
Stream B: Growth & venture capital
Afternoon Chair
15:55 - 16:00 5 mins
Stream C: Infrastructure and real assets
Afternoon Chair
16:00 - 16:30 30 mins
Info
Stream A: What's next?
The 360 view: what’s next for private markets and how do we prepare?
  • Mark McDonald - Global Head, DWS Private Equity

How LP, buyout, secondary, VC, infra, advisor and private debt views compare?

16:00 - 16:30 30 mins
Info
Stream B: Growth & venture capital
The next wave in venture capital
  • Manu Gupta - Partner, Lakestar Advisors
  • Fabian Westerheide - Founder & CEO, Asgard.vc

How are GPs navigating incredibly high prices and an efficient market to intelligently deploy the buckets of dry powder raised? Are current huge valuations justified and what has been the impact of the entrance of non-traditional investors in early VC? What are the investment hotspots for 2019: is it all about B2B now?

16:00 - 16:30 30 mins
Info
Stream C: Infrastructure and real assets
Infrastructure: a new definition
  • Moderator Alexander Krater - Partner, Palladio Partners
  • Panellists Nate Walton - Partner, Co-Head of North American Private Equity, Ares Management LLC
  • Iain Macleod - Managing Partner, iCON Infrastructure LLP

Reflecting on the last decade: what has performed well, what hasn’t and how has the definition of ’infrastructure’ broadened? What are LP approaches to investing in this asset class? How sustainable is recent strong realised performance and how could this be impacted by a rise in interest rates? Is 2019 the year to invest in data centres?

16:30 - 17:00 30 mins
Info
Stream A: What's next?
Preparing for the distressed opportunity
  • Moderator Peter Laib - Chairman, YIELCO Investments
  • Panellists Scott Graves - Partner, Head of Distressed, Co-Head of North American Private Equity & Portfolio Manager, Ares Management LLC
  • Ian Cash - Managing Partner, Alchemy
  • Ramón Betolaza - Managing Partner, Black Toro Capital

To what degree do distressed investors have to change their spots to survive throughout the cycle and where do they see themselves today? What factors are shaping the projected influx of distressed deal flow and where is the smart money positioning itself in preparation?

16:30 - 17:00 30 mins
Info
Stream B: Growth & venture capital
Growth capital and scaling-up
  • Jean-Philippe Tripet - CFA Senior Partner and Chairman, Aravis
  • Shirin Dehghan - Partner, Frog Capital
  • Thomas Bremner - Partner, Adam Street Partner

What is driving the continued expansion in growth capital, how much longer can this last and how much differentiation is there amongst GPs active in this segment? How has the definition of growth investing continued to evolve and does this match LP expectations? What does it take to outperform?

16:30 - 17:00 30 mins
Info
Stream C: Infrastructure and real assets
Increased specialisation in real assets

What benefits do real assets bring to a portfolio and how effective are they as an inflation hedge? How much are returns tied to commodity cycles and how can this be de-risked? Is it time to look again at natural resources and what are the promising developments in renewables? How far can the decrease in capital cost and subsequent low pricing go?

17:00 - 17:30 30 mins
Info
Stream A: What's next?
Special situations and turnarounds
  • James Roebuck - Managing Partner, Clearsight Investments

Given where we are in the cycle, what are the most compelling investments under this umbrella? What can exposure to special situation funds bring to an investment portfolio and is what is the current LP appetite?

17:00 - 17:45 45 mins
Stream B: Growth & venture capital
The next generation of VC investing
17:00 - 17:45 45 mins
Info
Stream C: Infrastructure and real assets
Long hold funds
  • Moderator Andrew Sheiner - Managing Partner, Altas Partners

Why invest in a long term fund and what additional value can they generate? How does carry get crystallised and is there a risk they could lead lower returns for the whole market? How should LPs approach investing in these funds and how easily can liquidity be achieved when LPs want to opt out?

17:45 - 19:15 90 mins
Networking drinks reception
19:15 - 19:20 5 mins
End of main conference day 2