Capital Creation 2016 (past event)
19 - 21 September, 2016
44 (0) 207 368 9540
Day 1
13:00 - 13:30 Registration and welcome coffee
13:30 - 13:35 Welcome remarks from Susie Benaim, Programme Director, Capital Creation 2016
13:35 - 13:45 Welcome remarks from the Chairperson
13:45 - 14:30 OPENING KEYNOTE ADDRESS: Private Equity - Just the beginning: How Private Equity is becoming a mainstream asset class
- Where is PE coming from? What lessons can we learn from previous crises?
- What is the state of the market today? What are its strengths and weaknesses?
- Where is the market going?
- Where does Europe fit in the map?
14:30 - 15:10 DISCUSSION PANEL: How to adjust Private Equity investments to perform in a low growth environment with increased risk and volatility?
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Cost vs performance: What is the ideal balance when choosing to invest in PE assets vs. other performing asset classes?
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How can private equity sustain its rate of return in a low growth economy?
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How do PE cash flows and performance metrics compare to other alternative asset classes?
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How are growing interests and improved performance in real estate and infrastructure investments impacting private equity allocations?
15:10 - 15:45 DISCUSSION PANEL: How to identify and work with first time funds and emerging managers to gain outsize returns
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What are the strategies and approaches to best find these managers?
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How to identify what the fund offers that is different to other more established managers and if they are worth the collaboration
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Risk vs performance: how to take educated risks that ensure you outperform the benchmark with first time funds
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Identifying when best to engage with the fund manager and how this impacts the success of the partnership in the long term
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Defining exactly what ‘track record’ means with first time funds
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What contingency plan do the new fund managers have in a downturn and how much of a deciding factor is this when choosing to work with them?
15:45 - 16:25 Afternoon coffee and networking
Roundtables
16:25 - 17:15 INTERACTIVE ROUNDTABLES: Exploring what market influences are driving sector-specific PE investment opportunities-
How are current economic trends impacting these sectors and investment potential?
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What are the returns seen in each sector now and predicted for 2017?
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How have valuations changed over the last year and how has this impacted investment behaviour?
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Where and how are these opportunities to be found?
1. Technology - Reynir Indahl, Partner, Summa Equity
2. Healthcare/Biotech - Michèle Ollier, General Partner, Medicxi Ventures
3. Energy - Richard Nourse, Managing Partner, Greencoat Capital
4. Finance - Lindsey McMurray, Managing Partner, Pollen Street Capital
Lindsey McMurray
Managing PartnerPollen Street Company
Interactive LP only Boardrooms
16:25 - 17:15 Investor-only session LP BOARDROOM: How to best execute and plan a successful co-investment from a family office perspective- the who, what, when and why?limited to 15 professionals
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Understanding what co-investments are best for the type of investor and how to source the best managers
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Identifying the internal structure and resources that is needed to jump on an opportunity when it occurs and ensure alignment of interest with your manager
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How to demonstrate that they will add value in the transaction and communicate this
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How to put in processes that work to ensure capital is ready when co-investments become available
17:15 - 17:45 CLOSING KEYNOTE PRESENTATION: How to develop a truly diversified and balanced portfolio that successfully manages risk and volatility in 2017
- Evaluating portfolio performance and where the opportunities can be made - how has this changed over the last years?
- How to capture the different return drivers across the liquidity spectrum?
- What is the case for private market investments to private investors?
- How to scale the endowment approach to all investors
