CONFERENCE CHAIR: NISHITH DESAI

08.00 AM - 8.45 AM

(45 MINUTES)

REGISTRATION AND NETWORKING BREAKFAST

08.45 AM - 9.00 AM

(15 MINUTES)

ASSEMBLE IN MAJESTIC BALLROOM

09:00 AM - 09:15 AM

(15 MINUTES)

INAUGURAL ADDRESS

Nishith Desai, Founder, Nishith Desai Associates

1. Vijay Raval Chairman, Board of Trusted Advisors, Nishith Desai Associates & Board member, AION India, Apollo’s Indian JV with ICICI Venture

2. Matthew Nimetz Member, Board of Trusted Advisors, Nishith Desai Associates & Advisory Director, General Atlantic

3. Dr. Lee Frederiksen, Ph.D. Member, Board of Trusted Advisors, Nishith Desai Associates & Managing Partner, Hinge

KEYNOTE

09:15 AM - 09:35 AM

(20 MINUTES)

US - INDIA RELATIONS-GEOPOLITICS, GEOSTRATEGIC AND GEOECONOMIC DIMENSIONS

Nisha Desai Biswal President, U.S.-India Business Council

Former Assistant Secretary of State for South & Central Asian Affairs

09:35 AM - 09:45 AM

(10 MINUTES)

Q&A

AGENDA

THE BAIN INDIA PRIVATE EQUITY REPORT

09:45 AM - 10:00 AM

(15 MINUTES)

Arpan Sheth Practice Leader, Private Equity and Alternatives (India) Bain & Company

SEEING THE COMING TIMES

10:00 AM - 10:30 AM

(30 MINUTES)

INTERACTION WITH FOUNDERS AND CEOs OF TOP INDIAN INVESTMENT BANKS

MODERATOR

Deepak Raj, Comcast

PANELISTS

1. Ashok Wadhwa Founder & Group CEO, Ambit

2. Vikas Khemani President & CEO, Edelweiss Securities

3. Ajay Garg Founder & MD, Equirus Capital

10:30 AM - 10:40 AM

(10 MINUTES)

Q&A

10:40 AM - 10:50 AM

(10 MINUTES)

BREAK

FUND RAISING

10:50 AM - 11:30 AM

(40 MINUTES)

ATTRACTING GLOBAL LPs - INSIGHTS FROM LEADING FUND MANAGERS

Questions ■ How and why does the planning process begin for a

fund base?

■ What is driving LPs allocations to India?

■ What are the current trends and key issues in LP-GP negotiations?

■ What structures are evolving for India focused funds - understanding AIF regime; direct vs. co-investment structures?

MODERATOR

Matthew Nimetz, Advisory Director, General Atlantic

PANELISTS

1. Renuka Ramnath Founder MD & CEO, Multiples Alternate Asset Management

2. Bala Deshpande Senior MD, India, New Enterprise Associates (NEA) & Founder, MegaDelta Capital

3. Karthik Prabhakar Director and Head, Fundraising IDG Ventures India

4. Richie Sancheti Leader - Investment Funds PracticeNishith Desai Associates

11:30 AM - 11:40 AM

(10 MINUTES)

Q&A

IMPACT INVESTING

11:40 AM - 12:10 PM

(30 MINUTES)

PURPOSE DRIVEN FINANCE FINDS ITS PLACE IN INDIA

Questions ■ DFIs have long been essential partners for managers

of private capital in emerging markets. Yet partnering with them is not without its challenges. How are DFIs working to improve the partnership model?

■ What can commercial investors learn from the experience of DFIs as first movers in emerging and frontier economies?

■ As more and more mainstream investors buy into the case for impact investing, fund managers must now show results. What successes has the impact investing industry had? What challenges have impact investors yet to solve. How is India viewed in a global portfolio?

■ What are the current structures for optimizing social as well as financial returns by social impact funds?

■ In terms on ongoing trends, what are the fund terms expected by LPs (such as the DFIs) who actively allocate to impact funds?

■ In the Indian context, what are the most common roadblocks while raising impact funds?

MODERATOR

Meg Massey, Director, Global Steering Group for Impact Investment

PANELISTS

1. Rekha Unnithan Portfolio Manager, Impact Investing Nuveen, a TIAA company

2. Beaudean Seil Co-Founder and Managing Partner Patamar Capital

3. Richie Sancheti Leader - Investment Funds Practice Nishith Desai Associates

12:10 PM - 12:20 PM

(10 MINUTES)

Q&A

INVESTING IN AND FINDING LIQUIDITY IN INDIAN CAPITAL MARKETS

12:20 PM - 12:30 PM

(10 MINUTES)

Presentation on ‘India Equity Outlook- Mid & long term’

Vikas Khemani President & CEO, Edelweiss Securities

12:30 PM - 01:00 PM

(30 MINUTES)

Questions ■ How do the capital markets in India compare with

global peers?

■ Are PIPEs in India here to stay as several attractive assets are unable to find the liquidity they need through public channels?

■ How have PE-backed IPOs changed the market?

■ How has the recently introduced capital gains tax impacted the market?

■ What are the recent changes in the FPI regime in India?

■ What is the impact of clamp down on p-notes?

MODERATOR

Pratibha Jain, Leader, Investment Funds & Regulatory Practice, Nishith Desai Associates

PANELISTS

1. Vikas Khemani President & CEO, Edelweiss Securities

2. P M Devaiah Partner and General Counsel Everstone Capital Advisors Pvt. Ltd

3. Rahul Mehta Director, Argonaut Capital

4. Arvind Sanger Founder and Managing Director Geosphere Capital Management

5. Richie Sancheti Leader - Investment Funds Practice Nishith Desai Associates

01:00 PM - 01:10 PM Q&A

01:10 PM - 02:00 PM NETWORKING LUNCH

02:00 PM - 02:10PM ASSEMBLE AT MAJESTIC BALLROOM

FUND INVESTMENTS

HOT ISSUES IN BIG-TICKET CONTROL DEALS

02:10 PM - 02:55 PM

(45 MINUTES)

Questions ■ Buyout activity in India - sectors and trends

■ Has India become a hot destination for Control deals is there an environment now for minority investments?

■ Which are the major regulatory changes that have affected deal making in India?

■ Are there any innovative structures for structuring exits from India investments?

■ Are assured returns now possible in India through debt/quasi debt structures?

■ PE partnership with strategic investors - are club/platform deals the solution to past woes in India?

■ What are the new standards that have emerged in negotiation of deal terms?

■ Is warranty and indemnity insurance becoming more relevant in Indian deals?

■ How to negotiate tax indemnities in India exit deals

MODERATOR

Vaibhav Parikh, Leader- M&A & Private Equity Nishith Desai Associates

PANELISTS

1. Ashok Wadhwa Founder & Group CEOAmbit

2. P M Devaiah Partner and General Counsel Everstone Capital Advisors Pvt. Ltd

3. Ruchir Sinha Leader - M&A & Private Equity Nishith Desai Associates

4. Nishchal Joshipura Leader - M&A & Private Equity Nishith Desai Associates

02:55 PM - 03:00 PM

(5 MINUTES)

Q&A

INDUSTRY ROUND-UP

03.00 PM - 03:45 PM

(45 MINUTES)

Topics & Panelists:

1. Special Situation Assets Parth Gandhi Managing Director AION India, Apollo’s Indian JV with ICICI Venture

2. Blockchain Vaibhav Parikh Leader- M&A & Private Equity Nishith Desai Associates

Financial Services Nishchal Joshipura Leader - M&A & Private Equity Nishith Desai Associates

3. Infrastructure Pratibha Jain Leader- Investment Funds & Regulatory Practice Nishith Desai Associates

4. TMTVaibhav Parikh Leader- M&A & Private Equity Nishith Desai Associates

5. PharmaVaibhav Parikh Leader- M&A & Private Equity Nishith Desai Associates

6. Real EstateRuchir Sinha Leader - M&A & Private Equity, Nishith Desai Associates

03:45 PM - 04:00 PM

(15 MINUTES)

COFFEE BREAK

PRESENTATION

04.00 PM - 04.20 PM

(20 MINUTES)

PRIMER ON SECURITY ENFORCEMENT AND THE NEW INSOLVENCY AND BANKRUPTCY REGIME

Ruchir Sinha Leader - M&A & Private Equity, Nishith Desai Associates

Pratibha Jain Leader- Investment Funds & Regulatory Practice Nishith Desai Associates

LP PERSPECTIVES

04:20 PM - 05:35 PM

(1HOUR 15 MINUTES)

Questions ■ How do you communicate with LPs to build a trusted

relationship?

■ Does impact cut across all asset classes?

■ How do you balance maximizing social impact against the need for risk mitigation and financial returns?

■ What are LP perspectives on investing through Mauritius?

■ India seems to be witnessing a growing and more discerning local LP base. What do you think will be the trend going forward?

MODERATOR

Vijay Raval, Chairman, Board of Trusted Advisors,

Nishith Desai Associates & Board member, AION India, Apollo’s Indian JV with ICICI Venture

PANELISTS

1. Stephen Lee Senior Associate, Impact Investing TIAA Global Asset Management

2. Raj Bhatt Vice-Chairman & CEOElara Capital

3. Nishchal Joshipura Leader - M&A & Private Equity Nishith Desai Associates

4. Richie Sancheti Leader - Investment Funds Practice Nishith Desai Associates

05:35 PM - 05:45 PM

(10 MINUTES)

Q&A

05:45 PM - 06:05 PM

(20 MINUTES)

Valedictory

Honourable Dharmendar Sesungkur Minister of Financial Services and Good Governance Republic of Mauritius

06:05 PM ONWARDS

(15 MINUTES)

CLOSING REMARKS FOLLOWED WITH COCKTAILS

Nishith Desai Founder - Managing Partner, Nishith Desai Associates

SUGGESTED READING

■ FUND FORMATION: ATTRACTING GLOBAL INVESTORS

■ PRIVATE EQUITY AND PRIVATE DEBT INVESTMENT IN INDIA

SUPPORTING PARTNERS