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Informa
Jun 28
Show Filter
08:00 - 08:35 35 mins
Registration and welcome coffee
08:35 - 08:40 5 mins
Main Day 1
Chair’s welcome address
08:40 - 09:30 50 mins
Main Day 1
Global geopolitics and macroeconomic outlook
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What will be the impact of U.S. interest rate rises globally? What could be the impact of a rise in protectionism and authoritarianism, and what events should we look out for in 2018/2019?

09:30 - 10:00 30 mins
Main Day 1
Generating alpha in an era of volatility
  • Moderator Neil Harper - CIO, Morgan Stanley Alternative Investment Partners
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How does emerging markets private equity differ from that of developed markets? How are seasoned GPs overcoming currency volatility and political risk to deliver for investors? How should investors view the various risk factors in emerging market and developed market private equity and what does this mean for return expectations?

09:30 - 10:15 45 mins
Engaged Conversations
Engaged conversation: Politics and markets
  • Discussion Leader Murray Grant - Managing Director, CDC Group
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Come along and join this

small-group facilitated discussion.

Please note that limited spaces are available.

10:00 - 10:25 25 mins
Main Day 1
Keynote solo
10:25 - 11:00 35 mins
Main Day 1
Coffee and networking
10:25 - 11:00 35 mins
Engaged Conversations
Coffee and networking
11:00 - 11:30 30 mins
Main Day 1
Emerging markets vs. U.S.: comparing apples with oranges?
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How do emerging markets private equity returns compare to those of the U.S. and Europe? What are the most appropriate metrics for a comparison of this type, and how are the results impacted by fund quartile, net vs. gross IRR and operational considerations? What conclusions are investors to draw?

11:30 - 11:50 20 mins
Main Day 1
Emerging markets private equity face-off
  • Moderator Ralph Jaeger - Managing Director, Siguler Guff & Company
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How do selected regions compare in terms of ease of making private equity investments and generating returns for investors? GPs give the case for their region in 7 minutes each covering the following issues:

Returns and performance data | Volatility | Entry multiples | Leverage levels | Political risk | Contract enforcement | Openness of economy | Growth | Availability of deal flow | Liquidity | Ease of doing business

11:50 - 12:20 30 mins
Main Day 1
Getting exposure to emerging markets private equity
  • Ricardo Lyra - Portfolio Manager, Private Equity, Employees Retirement System of Texas
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What is the best way to get exposure to private equity in growth markets? How do funds of funds, secondaries, primary fund investing and co-investing compare? What is the best time to be investing in emerging markets? Is it evaluated the same as in developed markets?

12:00 - 12:50 50 mins
Engaged Conversations
Engaged conversation: Closing the gap between gross IRR and net IRR
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Come along and join this

small-group facilitated discussion.

 How can GPs structure their funds and LP relationships differently to deliver the performance demanded from LPs?

12:20 - 12:40 20 mins
Main Day 1
LP trailblazer interview
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One LP tells the story of the journey from fund of funds through co-invest to direct investing in emerging markets. What does it take for an LP to get comfortable with investing in volatile growth markets to generate attractive returns?

12:50 - 13:55 65 mins
Lunch
13:55 - 14:00 5 mins
Track A: Generating Alpha, Russia and Central Eastern Europe
Chair’s opening remarks
13:55 - 14:00 5 mins
Track B: Turkey & Asian
Chair’s opening remarks
14:00 - 14:30 30 mins
Track A: Generating Alpha, Russia and Central Eastern Europe
Operational value add: superior growth, extraordinary talent and impact
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Understanding what is driving returns at the portfolio company level. What are the best ways of adding value quickly to portfolio companies, how is the quality of available talent developing and where are managers succeeding in sourcing expertise?

14:00 - 14:15 15 mins
Track B: Turkey & Asian
Politics and markets: Turkey
14:15 - 14:45 30 mins
Track B: Turkey & Asian
Turkey: looking beyond the headlines
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What does it take to generate returns in an environment of currency issues, political uncertainty, and high inflation? What are the factors beyond the headlines that have enabled Turkish private equity to perform?

14:30 - 15:00 30 mins
Track A: Generating Alpha, Russia and Central Eastern Europe
Private credit: in search of yield
  • Patrick Stutz - CIO, Bayshore Capital
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How do the lending environments in different markets compare and which products are best positioned to capitalise on specific market trends? How are leading credit investors overcoming political and currency risk to generate compelling risk adjusted returns?

14:45 - 15:00 15 mins
Track B: Turkey & Asian
Fundamentals of emerging markets private equity: U.S. vs. Asia
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How does value creation differ in U.S. and Asian private equity? What is the relative importance of market growth, margin improvement, active involvement and other factors, and what does this mean for fund evaluation in the two markets?

15:00 - 15:30 30 mins
Track A: Generating Alpha, Russia and Central Eastern Europe
Secondaries
  • Pål Ristvedt - Partner , Lexington Partners UK Ltd
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How should the approach to secondaries investing in emerging markets differ from that in developed markets? To what extent is secondaries investing a way to hedge regional cyclicality and what trends are we seeing in pricing? With the sizable increase in inventory, how large will the emerging markets secondaries market grow?

15:00 - 15:30 30 mins
Track B: Turkey & Asian
India: back on the radar
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In an environment of political reform and good exit activity, is now the time to invest in India? How sustainable are valuations and how will the trend away from minority investing play out? How diverse is the exit base and how do LPs assess the opportunity?

15:30 - 15:55 25 mins
Coffee and networking
15:55 - 16:00 5 mins
Track A: Generating Alpha, Russia and Central Eastern Europe
Chair’s opening remarks
15:55 - 16:00 5 mins
Track B: Turkey & Asian
Chair’s opening remarks
16:00 - 16:30 30 mins
Track A: Generating Alpha, Russia and Central Eastern Europe
Markets to watch
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Insight into the markets that should be on every savvy investor’s radar today. What is the opportunity and how can it best be capitalised on?

  • Argentina
  • Ukraine
  • Egypt
  • Caribbean and Central America
  • Russia
16:00 - 16:30 30 mins
Track B: Turkey & Asian
Asia: the growth of control deals
  • Peter Pfister - Managing Director, Pavilion Alternatives Group
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What has enabled the trend towards control deals in China and India, and who is best placed to benefit? What impact does this have on the fund ecosystem, exits and the relative attractiveness of these markets?

16:30 - 17:00 30 mins
Track A: Generating Alpha, Russia and Central Eastern Europe
Russia
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What is the outlook for the Russian private equity market? With high returns on paper, when will investors start to see distributions? Is now the time to prepare for the opening of the market?

16:30 - 17:00 30 mins
Track B: Turkey & Asian
South East Asia
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Where are the pockets of value in South East Asia and how does this region compare with Asia as a whole? When will Indonesia deliver on its potential and which strategies are best placed to deliver sustainable returns?

17:00 - 17:15 15 mins
Track A: Generating Alpha, Russia and Central Eastern Europe
Central and Eastern Europe: back on the map
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How has CEE private equity performed relative to Western Europe over the past 10 years?

17:00 - 17:15 15 mins
Track B: Turkey & Asian
China: Private equity in numbers
17:15 - 17:45 30 mins
Track A: Generating Alpha, Russia and Central Eastern Europe
Central and Eastern Europe: delivering returns
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Which strategies deliver in this fragmented market and how does it compare to Western Europe in terms of opportunities, valuations, leverage and exit routes? Is there still more low-hanging fruit to be had? What will be the drivers of growth in the next 5 years?

17:15 - 17:45 30 mins
Track B: Turkey & Asian
China: the evolution of sector specific funds
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What sector-specific strategies have emerged in China and what are the environmental factors enabling this trend? What are the most exciting stories and to what extent is the Chinese private equity market now deep enough for these strategies to flourish?

17:45 - 17:50 5 mins
End of Main Conference Day One
17:50 - 19:00 70 mins
SuperReturn Emerging Markets gala drinks reception