Upload
others
View
3
Download
0
Embed Size (px)
Citation preview
Renowned Industry Leaders
JW Marriott Hotel, Hong KongChina Summit: 21 September 09LP/GP Relations Summit: 21 September 09Main Conference: 22-24 September 09www.superreturnasia.com
China Summit
SuperReturn Asia brings together the who’s
who of Asia private equity
Rebecca Xu, Asia AlternativesManagement LLC
“
Special Guest Speakers
Supported by:
Organised by:
Private Equity & Venture Capital Investing InChina, India, Japan, Korea, SE Asia, Australia
& Vietnam In Challenging Times
Jing UlrichChairman
China EquitiesJ.P. MORGAN
Sole Legal Sponsor:
Andy XieEconomist
(Former Head of MorganStanley’s
Asia/PacificEconomics
Team)
Ronnie C.Chan
ChairmanHANG LUNGPROPERTIES
LIMITED
ClydePrestowitzFounder &President
ECONOMICSTRATEGYINSTITUTE
Plus
Paper sourced from sustainable forests
Elemental Chlorine Free (ECF)
Volkert DoeksenCEO & Managing
PartnerALPINVESTPARTNERS
Erol UzumeriSenior VicePresident
TEACHERS’PRIVATE CAPITAL
JohnSchumacher
CEONEW YORK
LIFE CAPITAL PARTNERS
Mark WisemanSenior Vice
President, PrivateInvestments
CPP INVESTMENT
BOARD
LP Perspectives From Around The World
4th Annual “
Saguna MalhotraManaging
Director, PrivateEquity
STANFORD MANAGEMENT
COMPANY
Philip BildenManagingDirector
HARBOURVESTPARTNERS
(ASIA)
What Makes
SuperReturn Asia
The “Must-Attend”
Asian Private Equity
& Venture Capital
Event?
� 220+ LPs – The Largest
Gathering In Asia
� 800+ Attendees – The Industry
All In One Place
� New – LP/GP Structured
Speed Networking
� New – Knowledge &
Networking Exchange For
More Focused Discussions
� New – 3 Esteemed
Economists
� 2 Portfolio Companies
Interviewed
� 150 Influential LP & GP
Speakers – Only The Top
Industry Titans & Influential
LPs
� More Structured
Networking – SpotMe
Meeting Planner For Every
Attendee
� 2 Hardtalk LP Interviews –
Hear What Is On LPs’ Minds
� The Only Event – To Cover
The Whole Region Under
One Roof
� 2 Summits – LP/GP Relations
& China
� The One Stop Shop – Meet
With Peers AND Make New
Business & Fundraising
Connections
www.superreturnasia.com
220 LPs
attended
in 2008
Ajay RelanCo-Founder
CX PARTNERS
Joe SkrzynskiFoundingPartnerCHAMPGROUP
KY TangChairman &
Managing PartnerAFFINITY EQUITY
PARTNERS
Wu Shang ZhiChairman &
Managing PartnerCDH
INVESTMENTS
Tim SimsManaging PartnerPACIFIC EQUITY
PARTNERS
Michael B. KimPartnerMBK
PARTNERS
Hear from: Capital Today, Hony Capital, SAIF Partners, CNEI
And many more….
See p2 for details
Sponsored by:
LP/GP Relations Summit
Hear from: Stanford Management,
Harbourvest Partners (Asia), Sony Life Insurance,Siguler Guff & Co
And many more….
See p3 for details
Jim PittmanVice President,Private Equity
PSP INVESTMENTS
Tim DraperFounder &ManagingDirector
DRAPER FISHERJURVETSON
50+LP
Speakers
Co - Sponsors:
Plus
FREE
for Pension Funds,
Endowments & Foundations
(subject to verification)
KN2212SRACOVER09:0 14/5/09 16:17 Page 1
Web www.superreturnasia.com Tel +44 (0) 20 7017 7200 Fax +44 (0) 20 7017 7807 E [email protected]
08.30 Registration & Coffee
09.00
Chairman’s Welcome:Xiaoyang Yu, Founding PartnerCHINA NEW ENTERPRISE INVESTMENTXiaoyang Yu is a Founding Partner of China New EnterpriseInvestment (CNEI), a China focused growth capital fund. Beforefounding CNEI, Ms. Yu co-founded Victoria Capital Limited, aHong Kong based investment and financial advisory firm, which
is engaged in private equity investment transactions in China, and long-termdebt and mezzanine financing for portfolio companies of a number of largeprivate equity funds. Ms. Yu has 25 years of banking and investment experienceand has been making direct and private equity investments in China since 1995.
09.05
ACADEMIC RESEARCHMyths & Realities Of Doing Business In China
Philip Lin, Adjunct Professor, COLUMBIA UNIVERSITY BUSINESS SCHOOL, TSINGHUA UNIVERSITY SEM, STANFORD UNIVERSITY TECHNOLOGY VENTURES PROGRAM
In addition to his academic interests, Phil funds early stage concepts and isactive as a Limited Partner in private equity. In the past, he originated andinvested in several multi-billion dollar media/telecom transactions as a seniorexecutive at Kluge & Company, the private equity arm for John Kluge andMetromedia Company. He more recently funded and co-founded PrimeNetworks, a technology company operating in Asia and the United States.
09.45
The Outlook For Growth Capital & Buyouts In China:What Strategy & Model Is Sustainable For Long-TermOpportunity & Growth?Moderator:
Lee Chong Min, Co-Founder & Managing PartnerCMIA CAPITAL PARTNERSEstablished in 2003, CMIA is a private equity firm focused onMid-Market, Growth Capital investment opportunities in China.Prior to founding CMIA, Chong Min headed Cargill Inc.'s equitiesinvestment and trading business for the Asia-Pacific region,
responsible for the formulation and execution of macro and micro investmentstrategies and risk management for the firm across the region.
Gabriel Li, Managing DirectorORCHID ASIA GROUP MANAGEMENTMr. Gabriel Li led the first round investment inCtripInternational and Eachnet (sold to EBAY) for Orchid Asia and isalso currently the Vice Chairman of the Board and Director
of Ctrip International. Prior to Orchid Asia, Mr. Li was a Managing Director atthe Carlyle Group in Hong Kong, overseeing Asian technology investments.
Malcolm Robinson, Senior Portfolio ManagerAVENUE ASIA STRATEGYMr. Robinson is responsible for directing the investmentactivities of the Avenue Asia Strategy. Prior to joiningAvenue in 1999, Mr. Robinson was Chief Investment Officerfor the Richmond Parly Investment Company, a Hong Kong
based investment company that invests in the private and public equityand distressed debt obligations of Asian companies.
Meng Ann Lim, Partner, ACTISLim Meng Ann is Partner and Regional Head for China andSouth East Asia for Actis. Prior to joining Actis in 2007, heworked for Government of Singapore Investment Corp(“GIC”) where he was Executive Vice President and Head ofPrivate Equity investment activities in China. Most of Mr.
Lim's 10-year career with GIC, from 1997 to 2007, was spent in China.
Michael Xu, Partner, PRAX CAPITALMichael Xu joined Prax Capital in 2003 and his mainresponsibility is to manage the firm’s deal sourcing andexecution activities. The representative transactions includethe Series-A investments in Suntech (NYSE: STP), LittleSheep (HKEx: 0968), China Sunergy (Nasdaq: CSUN),
Tianneng (HKEx: 0819), and some other companies which have notpublically traded yet. Prior to joining Prax, Michael had seven yearsexperiences in venture investment and business advisory in China workingfor NewMargin Ventures, Kamsky Associates, Inc. and Deloitte & Touche.Mr. Xu received an MBA from the Wharton School at the University ofPennsylvania and a law degree from Ningbo University in China.
10.30 Morning Coffee & Networking Break
11.00
The Outlook For Venture In China: Where Are TheInvestment Opportunities To Be Found & How ToManage Entrepreneurs’ Expectations In Terms OfExpansion, Exits & Valuations
Hugo Shong, President, IDG ASIAHugo Shong has been Founding General Partner of IDGVCPartners since 1993, also of IDG-Accel China Growth Fundand IDG-Accel Capital Fund since 2005 and 2008respectively. In 1993, Mr. Shong assisted IDG’s Founder andChairman Patrick J. McGovern to establish China’s first
technology venture fund with US$20 million.
Sonny Wu, Founder & General PartnerGSR VENTURESSonny Wu is the Founder of GSR Ventures, and leads theinvestment in technology companies in China, specializing insemiconductors, new materials and wireless internetsectors. Prior to GSR, Sonny was the founder/CEO of Asia
Wireless Technology.
David Zhang, Managing Partner & Co-FounderMATRIX PARTNERS CHINADavid Zhang is a Founding Managing Partner for MatrixPartners China, and overseas all operations in China.Previously, he was the Managing Director and head of theBeijing office for WI Harper, where he oversaw all
investments, portfolio management and operations in both life sciencesand IT in China.
Roman Shaw, Managing PartnerDT CAPITAL PARTNERSRoman is a founding partner of DT Capital Partners. As theformer founding CEO of DragonTech Ventures, one of theearliest China-focused venture capital firms, Roman served asinvestor and director of SunTech Power, Harbour
Networks, and ChinaPay. Prior to that, Roman served in various managementpositions and directorships for five years within the Shanghai Industrial group.
11.45
CHINA ECONOMICOUTLOOK
China: Fiscal Stimulus And The Emergence Of An
Independent Engine Of Growth In AsiaTan Kong Yam, Director of Asian Research Centre & Professor of EconomicsNANYANG TECHNOLOGICAL UNIVERSITYIn addition, to his current role, Tan Kong Yam is an advisor toSingapore Capital on investments in China. From June
2002 to June 2005, he was a senior economist at the World Bank office inBeijing. In 2004, he was a member of the World Bank expert group on theeleventh five year plan (2006-2010) for the State Council in China. The expertgroup provided analysis and policy recommendations on urbanization,regional inequality, innovation policy, energy and water policy as well asstrategy on banking reform to the Chinese government. Prior to that, he wasthe chief economist of the Singapore government at the Ministry of Tradeand Industry (1999-2002 May), Head, Department of Business Policy, Facultyof Business Administration at the National University of Singapore (NUS). Hisresearch interests are in international trade and finance, economic andbusiness trends in the Asia Pacific region and economic reforms in China.
12.30 Lunch & Networking Break
13.30
Examining The Latest Legal & Regulatory DevelopmentsIn China & The Impact On Private Equity & VentureCapital InvestmentsSpeaker tbc
14.00
The Latest Developments & Trends In RMB FundInvestments: How To Align Interests & OvercomeRegulatory & Legal Issues
Moderator: York Chen
President & Managing PartnerID TECHVENTURES
York has been one of the most active venture capitalists in China for 9years. He initiated and set up iDT VC operation in China in early 2000. Hewas termed by the media as a “VC Evangelist” and a “VC Scholar”unselfishly sharing his deep observation and advice on China VC to peergroups at home and abroad.
Li Li, PartnerDEBEVOISE & PLIMPTON LLPLi Li is the managing partner of Debevoise & Plimpton'sShanghai office. She is also a member of the firm’s PrivateEquity and Mergers & Acquisitions practice. Since relocating
to China, she has been representing multinational companies,Chinese companies and fund sponsors in a broad range of transactions,including public offerings, mergers & acquisitions, private equity fundformation and investment activities.
Cao YungangGeneral Manager, Legal AffairsHONY CAPITAL
Nengguang WangManaging Director & CFOLEGEND CAPITALMr. Wang joined Mr. Zhu in founding Legend Capital in 2001and has served as CFO since its inception. He is responsible
for fund-raising, the exit strategies of the portfolio companies and thefinancial management of the company. He also oversees the growth capitalinvestment activities. Mr. Wang is a member on the Investment Committee.
Andrew YanManaging PartnerSAIF PARTNERSSee page 11 for biographical details
Xiaoyang Yu, Founding PartnerCHINA NEW ENTERPRISE INVESTMENTSee above for biographical details
14.45 Afternoon Tea Networking Break
15.10
Opportunities In China: Focus On Middle ClassConsumers, Focus On SMEs And Focus On HomeGrown Entrepreneurs
Kathy XuManaging PartnerCAPITAL TODAYKathy Xu is the Founder and Managing Partner of the CapitalToday Group, one of the first independent private equity firmsin China. Ms. Xu has over 13 years’ experience in venture
capital and private equity in China and has led multiple successful investments.Ms. Xu was selected one of “The Most Influential People in Asia – Stars ofAsia” by Business Week in 2004. She was also selected “The Most InfluentialVenture Capitalist” in China by Capital Magazine in 2005. In 2006, Ms. Xu wasawarded one of the “Top 10 Venture Capitalists” by Forbes. She is currentlyserving as a governor of the China Venture Capital Association (CVCA), whereshe is leading the Public Policy Action Committee.
15.40
The Risks Of Doing Business In China: The ImportanceOf Proper Due Diligence & The Long-Term Impact OnTrust In Chinese Private Equity & Venture Capital
Moderator: David Lee, Co-FounderCLARITY CHINA PARTNERS L.P.Dr. David Lee is a Co-Founder of Clarity China Partners L.P. which focuses on growth investment opportunities in thegreater China region, primarily in businesses that capitalize
on the rapidly growing domestic consumer market in China. Prior tofounding Clarity China, Dr. Lee was a co-founder of Clarity Partners L.P.
Jenny Lee, Managing Partner, GGV CAPITALJenny Lee is a Managing Partner at GGV Capital and isresponsible for GGV’s China investments and operations.Jenny focuses on the Internet, Media and Software andServices sectors. Prior to GGV, Jenny was a VicePresident at JAFCO Asia.
Joe Zhou, Founder & Managing PartnerKEYTONE VENTURESPrior to Keytone, Joe joined KPCB as a member of globalleadership in early 2007 and launched KPCB’s Chinainvestment Fund as a Founding Managing Partner. Heremains as an Affiliated Partner to KPCB. He was named Top
Ten Venture Capitalists by CVCF/Zero2IPO in 2000, 2001, 2005, 2006 and2007. He was named VC of the Year in 2005 by TopCapital.
Kathy Xu, Managing Partner, CAPITAL TODAYSee previously for biographical information
Derek Sulger, Managing Partner & Chairman Of Investment Committee, LUNAR CAPITALDerek began value-oriented private equity investing in Chinasince 1999. As part of Lunar Capital’s Formation Fund, he co-founded three businesses focused on China’s mobile
telecommunications service industry – Linktone which was listed asNasdaq in 2004 (Nasdaq: LTON), Intrinsic Technology Ltd., which was soldin 2005, and SmartPay Jieyin Ltd. which remains privately held. Prior tocoming to China, Derek worked in the Fixed Income, Currency andCommodities division of Goldman Sachs for seven years.
16.20
The LP View Of China: What Keeps LPs Awake At NightAnd What Is An Appropriate Risk Adjusted Return?
Moderator: Earl Yen, Managing DirectorCSV CAPITAL PARTNERSMr. Yen has over 20 years of private equity and investmentbanking experience in Asia and the US. He founded CSVCapital Partners, a China-focused private equity firmspecializing in early-stage growth capital investing, in 2004.
Prior to founding CSV, he spent over 11 years at Citigroup and BearStearns, where he was a senior investment banker in Asia and helped over25 Chinese state-owned and private enterprises on their overseas IPOs.
David Pierce, CEO, SQUADRON CAPITALDavid Pierce has worked in East Asian business, investmentmanagement and private legal practice since 1982. Inaddition to his role as Chief Executive Officer of SquadronCapital, Mr. Pierce is Senior Managing Director of Search
Investment Group, with which he has been associated since 2001.Immediately prior to joining Search Investment Group, Mr. Pierce was apartner in the Shanghai office of an international law firm.
Jim Pittman, Vice President, Private EquityPSP INVESTMENTSMr. Pittman joined PSP Private Equity in February 2005 andhas co-lead the strategy and investment of a $5 billioninternational Private Equity portfolio, including $1.2 billion ofdirect deals and co-investments. From 2002 to 2005, he
was Executive Vice-President and CFO of Provincial Aerospace.
Bruno Raschle, Founder & Managing DirectorADVEQ MANAGEMENTBruno has 25 years of experience in private equity investing. In1997 he founded Adveq which offers international investors arange of targeted fund of funds products and expertise on the
global world of private equity. Bruno pioneered venture capitalfund of funds for investments in the US since the mid 1980s when he foundedthe MC Partners investment program of Swiss based Motor-Columbus.
Doug Coulter, Head of Private Equity, Asia Pacific, LGT CAPITAL PARTNERSDoug Coulter joined LGT Capital Partners in early 2007 tolead its Asia Pacific private equity investment activities. Priorto LGT, Doug was a Senior Investment Officer for theInternational Finance Corporation (the direct investment arm
of the World Bank), based in Hong Kong.
17.00
KNOWLEDGE & NETWORKING EXCHANGEThese roundtable discussions will consist of a key speaker leadingthe discussion with a smaller group of attendees. This is theperfect opportunity for more informal discussion and networkingon the most pertinent topics.
17.40 End of Summit
2
Investing In China SummitMonday 21 September 2009
Risk & Return In ChinaDavid Pierce, SQUADRON CAPITAL
China: Independent Engine Of Growth In AsiaTan Kong Yam, NANYANG TECHNOLOGICAL UNIVERSITY
Portfolio Management In China: How To Add Value & Work With Entrepreneurs
Hugo Shong, IDG ASIA
Topic TbcCMIA CAPITAL PARTNERS
Capitalizing On The Growth Of China’s DomesticConsumption
Johannes Schoeter, CHINA NEW ENTERPRISE INVESTMENT
LP PERSPECTIVE
RMB FUNDS
KN2212SRA08br:GAIM Asia 14/5/09 16:15 Page 3
08.30 Registration & Coffee
09.00 Chairman’s Welcome
09.05
RELATIONSHIP &PORTFOLIO
MANAGEMENTManaging Your Existing & Future Portfolio Through TheCrisis: What Level Of Transparency & Communication DoLPs Need From Their GPs? What Can GPs Do To ManageLPs’ Expectations Regarding Portfolios, Valuations &Liquidity?
� Challenging markets present a whole new set of challengesfor LPs and GPs, this session will discuss what LPs arelooking for from GPs and different approaches GPs can use
� Communicating about current portfolio health and long-termexpectations
� Explore the balance between sharing long-term positive returnexpectations and current negative valuations
Sebastiaan van den Berg, Vice PresidentHARBOURVEST PARTNERS (ASIA)Sebastiaan van den Berg joined HarbourVest’s Hong Kong-based subsidiary in 2005 as a vice president responsible forpartnership investments in Asia Pacific and other non-U.S.
markets. He joined the Firm from H&Q Asia Pacific where he focused onmid-market buyout transactions in Greater China, Korea, and Japan. Hisprevious experience also includes positions with AlpInvest Partners N.V. inAmsterdam, Goldman Sachs (Asia) L.L.C. in Hong Kong, and GoldmanSachs International in London.
09.40
LP OUTLOOK FOR ASIAThe Institutional Investor Outlook On Asian PrivateEquity: What Are LPs’ Return Expectations Over TheNext 5-10 Years & How To Design A Robust AssetAllocation Strategy For Asia
Moderator: Richard SlocumDirector of Private InvestmentsROBERT WOOD JOHNSON FOUNDATIONRichard W. Slocum joined the Robert Wood Johnson Foundation in August 2005 as the director of private
investments. In this role he manages a portfolio of over $2 billion incommitments, with investments in private equity, venture capital, growthequity, distressed investing, opportunistic credit and real assets. Previously,he had worked at the University of Pennsylvania as senior director ofinvestments, where he helped monitor all asset classes for the University'sendowment.
Saguna MalhotraManaging Director, Private EquitySTANFORD MANAGEMENT COMPANYSaguna Malhotra manages the global private equity portfolio of Stanford University's $20 billion endowment. The Stanford
private equity portfolio is a global one, with exposure across venture capital,growth and buyout managers. Prior to joining Stanford, Ms. Malhotra workedat Ripplewood Holdings for six years, a US private equity firm, focused ondirect private equity investments across various industries and geographies.
Rakesh SarafSenior Vice President, Private EquityALBERTA INVESTMENT MANAGEMENTCORP
Mamoru NumataManager, International & Business Development DivisionSONY LIFE INSURANCEMamoru Numata is a Manager of New Business Development Division inSony Life Corp. Ltd. where he has been involved in the company’s newprojects and International operations. He has also been involved in theCompany’s Private Equity Funds Investment Program and one of the keymembers in that program since its inception in 1999. Prior to joining SonyLife, he worked in Kokusai Securities where he had a variety ofexperiences, such as sales, underwriting and research.
10.30 Morning Coffee & Networking Break
11.00
How Do GPs Select & Actively Manage Their LP Base?Speaker tbc
11.35
Managing LP/GP Relationship Tensions: Overcoming
Transparency, Allocation & Return IssuesModerator:Paul Denning, CEO, DENNING & COMPANYPaul joined Hambrecht & Quist in 1995, as Managing Directorof the Private Equity Market Group in San Francisco and integrated into the Private Fund Group as co-head following
the Chase Manhattan acquisition in 1999, and subsequently, the merger withJP Morgan in 2001. Paul has been involved in the investment bankingindustry for 30+ years and served 7 years, pro bono, as a Trustee andCommissioner of the City and County of San Francisco Employees’Retirement System, a $10 billion pension plan.
Piau-Voon Wang, PartnerADAMS STREET PARTNERSWang is a Partner who joined Adams Street Partners initiallyin the London office in 1999 to research the Asian marketsand has been involved in formulating Adams Street’s privateequity fund investment strategy for Asia. He opened Adams
Street Partners’ Singapore office in 2006. He actively participates in all fundinvestment decisions at Adams Street. Prior to joining the Firm in 1999, hewas a Manager in the Corporate Finance Division of Arthur Andersen LLP,where he provided advisory services to the South East Asia mergers andacquisitions and venture capital investment areas.
Jim Pittman, Vice President, Private EquityPSP INVESTMENTSSee page 2 for biographical details
Jonathan ChengManaging DirectorJEN CAPITAL ADVISORSMr. Cheng is Managing Director of Jen Capital AdvisorsLimited, a subsidiary company within the Cheng family
Chiaphua group of companies. The family business is an 80 year old multi-generation family-owned and -run diversified manufacturing and propertyconglomerate with over 50 years of property development experience,having built over 200 projects in Hong Kong, China, North America, MiddleEast and Vietnam. Mr. Cheng previously worked for Lehman Brothers,Peregrine Direct Investments and Capital Z Asia in corporate finance andprivate equity roles.
Vincent Fan, Consultant,BROOKFIELD ASSET MANAGEMENT & Partner, CAPITAL Z INVESTMENT PARTNERSIn addition to his role at Brookfield Asset Management, Mr Fan is responsible for the alternate asset management
business in Asia for Capital Z Investment Partners. Before joining CZIP in2002, Mr Fan was the Chairman of the Advisory Board of CVC CapitalPartners Asia Pacific L.P.
12.30 Lunch & Networking Break
13.30
NEW ACADEMICRESEARCH
Exploring Partnership Issues In Private Equity Funds InTimes Of Stress
Claudia Zeisberger, Affiliate Professor of Decision Sciences & Academic Co-Director Private Equity Initiative (PEI), INSEADClaudia Zeisberger is an INSEAD Affiliate Professor of Decision Sciences and Program Director of the Center for
Decision Making and Risk Analysis (CDMRA), a center of excellence basedon INSEAD’s Asia campus. Claudia is concurrently a Director for aSingapore based Fund Management & Research Company. Throughout her13 years in Asia, she has worked with clients in China, Hong Kong,Malaysia, Thailand, Taiwan & Dubai in the areas of Integrated RiskManagement, Private Wealth Management & Portfolio Construction.
14.00
How Does Asia Fit Into A Global Asset AllocationStrategy: Regional Or Country Focus? Local Or GlobalManagers? How Has The LP Sentiment Changed InRecent Times?Moderator:
Veronica John
CEOIDFC CAPITALVeronica L. John joined IDFC Capital as a CEO in February2008. Presently, she is in the process of setting up a global
emerging markets fund of funds business. Ms. John is a long-standinginvestor in emerging markets private equity funds in Asia. Previously, Ms.John was a Portfolio Director responsible for the Asia fund of fundsportfolio of the CDC Group based in London. Prior to joining CDC, she wasa Principal Investment Officer at the Asian Development Bank (ADB).
Patricia DinneenManaging DirectorSIGULER GUFF & COMPANYPatricia Dinneen has primary day-to-day responsibility formanaging the BRIC Opportunities Funds, focusing on Brazil,
Russia, India, China. Prior to joining Siguler Guff in 2004, she was atCambridge Associates, an independent financial consulting firm, where sheled the emerging markets private equity advisory business, including assetallocation planning, market research, manager searches and due diligence.
Philipp GyslerPartnerPARTNERS GROUPPhilipp Gysler is a Partner, responsible for Partners Group’sAsian activities and a member of the executive board. Inaddition he is a member of the private equity investment
committee and head of the Singapore office. Previously, he held variousprivate equity investment management positions at Partners Group andwas instrumental in building Partners Group's portfolio of venture capitalinvestments in Europe and the US.
Lincoln WebbVice President, Private PlacementsBRITISH COLUMBIA INVESTMENT MANAGEMENTLincoln is the Vice President of the Private Placements at bcIMC – anorganization with over CAD$85 billion under management as of March31st, 2007. The Private Placements group, managing approximatelyCAD$4.4 billion in invested capital, has been investing globally in privatemarkets since 1995. As Vice President, Lincoln is responsible for overallmanagement of the firm's private equity and infrastructure investmentsand setting strategic direction for the group.
William PearceDirector, Investment FundsOPIC Mr. Pearce has been a Director in OPIC’s Investment Funds Departmentsince 2005, where he manages the investment process to provide capitalto emerging market private equity funds. He presently works with aboutfifteen funds that are either: global, or focused on Latin America, Africa orAsia; and that focus on general industrial/service industries, as well as thereal estate and renewable energy sectors. Prior to OPIC, Mr. Pearce was aDirector with EMP Global, where for almost nine years he orchestrateddirect investments for the AIG Infrastructure Funds.
14.45 Afternoon Tea & Networking Break
15.10
Restoring Balance To LP/GP Relationships
� Summarizing industry standard terms and GP/LP practices� Illustrating changes that have already taken place� What changes we might expect to occur in the current
environment as a result of constructive negotiations betweenLPs and GPs
Eugene Snyman
Managing DirectorCAMBRIDGE ASSOCIATESEugene joined Cambridge Associates in 1998 as aninvestment consultant in the London office where he
focused on researching European private equity and venturecapital managers. He relocated to the firm’s Singapore office in 2002 tofocus on researching the Asian private equity markets and managers. Heestablished a presence for the firm in Australia in 2004 and opened thefirm’s Sydney office in 2007. Before Eugene joined Cambridge Associates,he was a portfolio manager associate with RMB Asset Management inSouth Africa.
15.50
Valuation Techniques Across Asia: How Do They StackUp On A Global Basis? How To Manage Transparency,Track Record & Data Challenges
Markus AbleitingerDirector, Head of Asia PacificCAPITAL DYNAMICSMarkus is Head of Capital Dynamics Asian InvestmentManagement and is located in the Hong Kong office which
was established at the beginning of 2007. He has 12 years’ private equitydirect and fund of funds investment experience in emerging and matureprivate equity markets and oversees Asian private equity commitmentsof more than USD 1 billion. Prior to joining Capital Dynamics he was asenior investment manager in RMF’s private equity fund of funds divisionin Switzerland and headed the European and Emerging market privateequity activities.
Ian CarewVice PresidentTD CAPITAL PRIVATE EQUITY INVESTORSMr. Carew participates in all aspects of TD Capital'sinvestment activities, including the origination, evaluation and
monitoring of primary and secondary Fund Investments and Direct Co-Investments. He is primarily responsible for the investment sourcing andmanager research relating to TD Capital's Asia and Emerging Marketsinvestments and is actively involved in TD Capital's venture capital andgrowth investments in the United States and Canada, including serving asthe Portfolio Manager for the Ontario Venture Capital Fund. Prior to joiningTD Capital in 2008, Mr. Carew worked at CalPERS, helping manage a $40billion private equity program, where he was responsible for the globalventure capital and Asia private equity strategies.
further panellists tbc
16.30
LP/GP DISCUSSIONROUNDTABLES
These roundtable discussions willconsist of a key speaker leading thediscussion with a smaller group ofattendees. This is the perfectopportunity for more informaldiscussion and networking on themost pertinent topics
`
17.15
End of Summit
LP/GP Relations SummitMonday 21 September 2009
Web www.superreturnasia.com Tel +44 (0) 20 7017 7200 Fax +44 (0) 20 7017 7807 E [email protected]
Attractiveness Of PE In Frontier Markets In TheCurrent Market Environment
Veronica John, IDFC CAPITAL
Asset Allocation/Strategy
Saguna Malhotra, STANFORD MANAGEMENT
Next Wave Of Asian Private Equity Managers -
More Local/More Operational/More Innovative
Patricia Dinneen, SIGULER GUFF & COMPANY
The Ethical Challenges Facing Investors Today
Paul Denning, DENNING & COMPANY
The Role Of IFIs In Private Equity
William Pearce, OPIC
3
KN2212SRA08br:GAIM Asia 15/5/09 15:44 Page 4
Web www.superreturnasia.com Tel +44 (0) 20 7017 7200 Fax +44 (0) 20 7017 7807 E [email protected]
Main Conference Day 1Tuesday 22 September 2009
SuperReturn Asia is the best PE conference in Asia in terms of content and variety
of participants
Veronica John, IDFC Capital
Meet & Hear From The Private Equity & Venture Capital Industry
From Across The Region, All Under One Roof, At One Time
Over the past 4 years, and with 800 attendees in 2008, SuperReturn Asia has establisheditself as Asia’s must-attend conference to not only meet with your peers but for makingthose new business contacts and critical fundraising connections.
Amid current market conditions, there has never been a more important time to attendthe event. Here are some of the compelling reasons why:
• Network With The Leading LPs And GPs & Understand What They Are
Looking For In Challenging Times – Over 50 Key LPs already confirmed!
• Save On Your Travel Budget And Time And Meet The Asian Private Equity
Industry In One Place, At One Time – The only event to cover the whole regionin one place and attract both LPs and GPs
• Pinpoint Future Growth & Sector Opportunities From Leading Guest
Speakers And Portfolio Companies – 4 Guest Speakers and 2 PortfolioCompany Interviews Give You Food For Thought
• Meet 220+ LPs Interested In Private Equity In Asia – the largest gathering inAsia!
• In-Depth Coverage Of The Current Issues Affecting Private Equity & Venture
Capital Across Asia Both Regionally And Country-Specific – Take a look at thefull programme and join the country clinics and strategic outlook sessions for theregion
I look forward to meeting you in Hong Kong in September
Kind regards
Sarah Startup, Conference Director, SuperReturn Asiawww.superreturnasia.com
“ “
NEW FEATURES ATSUPERRETURN ASIA
To help you make those critical business connections, we have a plethora of brand new
business & structured networking features planned for the 2009 event - just a fewinclude:
• Spotme Networking & Meeting Planner Device For All Attendees –
The only private equity & venture capital conference in Asia to provide you withthe technology to arrange meetings on-site
• One-To-One Meeting Facility – A dedicated networking zone for those allimportant face to face conversations
• China Summit on 21st September – Covering the latest developments in thishot market
• Speed Networking sessions – A fantastic success in 2008 and the fastestway to pick up 30 business cards in 30 minutes. We will also have a specific LP-GP speed networking session as well as a general one.
• Interactive Polling Sessions – For real-time feedback on the industry moodand outlook for the future
• Quick Fire Showcase – Where GPs have the opportunity to talk about theirfund in front of leading LPs and GPs
• LP Roundtables – Connect with key LPs in a more informal discussionformat
• Veterans Taskforce – Compare and contrast the current day with the 1998crisis from the people who were there!
• LP/GP Relations Summit on 21st September – This topic is top of theheadlines, so we have dedicated a day to discussing the current areas ofconcern and outlook for the future.
07.30 Registration & Coffee
08.00 Chairman's Opening Address:Thomas M. Britt III, Partner, DEBEVOISE & PLIMPTON LLP
08.10
SPOTLIGHT ON THE ECONOMY
Global Economic Meltdown And The Impact On Asia: Evaluating The Lessons Going Forward & Where Is The Light At The End Of The Tunnel?
2 Economics Experts Give Their Predictions For 2010 And Beyond
Andy Xie, Economist, (Former MD & Head of Morgan Stanley’s Asia/Pacific Economics Team)Clyde Prestowitz, Founder & President, ECONOMIC STRATEGY INSTITUTE
Followed by Discussion With Real-Time Questions On The Screen From The AudienceChaired by: Philip Lin, Adjunct Professor, COLUMBIA UNIVERSITY BUSINESS SCHOOL
09.30
PRIVATE EQUITY INDUSTRY OUTLOOK
Including Electronic PollingExamining The Private Equity & Venture Capital Model In Asia: How To Adapt To RemainCompetitive In Challenging Times – Which Market & Model Will Come Out Strongest?
Moderator: Rebecca Xu, Co-Founder & Managing DirectorASIA ALTERNATIVES MANAGEMENT
Taisuke Sasanuma, Representative Partner, ADVANTAGE PARTNERS
Tim Sims, Managing Director, PACIFIC EQUITY PARTNERS
Wu Shang Zhi, Chairman & Managing Partner, CDH INVESTMENTS
Ajay Relan, Co-Founder, CX PARTNERS
Michael B. Kim, Partner, MBK PARTNERS
10.30 Morning Coffee & Networking Break
11.10
PORTFOLIO COMPANIES FOCUS
Chuck McElroy, CEO, CNS & Gyu-Seok Oh, President & CEO, C&M
Interviewed by: Michael B. Kim, Partner, MBK PARTNERS
11.55INDUSTRY TITAN
Time To Change The World AgainTim Draper, Founder & Managing Director, DRAPER FISHER JURVETSON
12.35 Extended Seated Lunch & Networking Session
Country Clinics &Successful Entry Strategies
Hot InvestmentStrategies & Sectors
Chaired by: AXIOM ASIA PRIVATE CAPITAL
Successful Manager Selection & LP Perspective
14.00
India Country Clinic: SME Sector Vs. Larger Deals InIndia – Examining The Nuances Of Each & Which Segment Will
Provide The Next Generation Of Top Returns?
Moderator: CDC GROUPAVIGO CAPITAL
CHRYSCAPITAL, ACTISTEMASEK HOLDINGS ADVISORS INDIA (tbc)
Private Equity: Likely Outcomes In Difficult Times
PACIFIC EQUITY PARTNERS
The Due Diligence Process In Asia: What Criteria & Approach Do LPs Have?
ADBPCGI
PPM MANAGERSSUMITOMO TRUST &
BANKING
14.40
Japan Country Clinic: How Has Japanese Private Equity
Deal Flow Been Impacted By Global Credit Issues? And In
Which Sectors Will FutureOpportunities Be Found?Moderator: NIPPON LIFEINSURANCE COMPANYADVANTAGE PARTNERS
OLYMPUS CAPITALANT CAPITAL PARTNERS
DBJ
Examining The World OfRestructuring & Turnarounds
Moderator: CLEARWATER CAPITAL
PARTNERS
Panellists tbc
How To Stand Out In Fundraising –What Catches LPs’ Attention?
CDC GROUPAI CAPITAL
ARIAIFC
STATE OF OREGON, OFFICE OF THE STATE TREASURER
15.20 Afternoon Tea & Networking Break
15.50
SE Asia Country Clinic: To What Extent Is The SE Asia
Region A Less Crowded MarketWith Many Undiscovered
Opportunities Or A Political &Economic Risky Option In A Risk-Averse Environment?
LEOPARD CAPITALLOMBARD INVESTMENTS
DEBEVOISE & PLIMPTON LLPSARATOGA CAPITAL
Is The Booming Secondaries Market Deep Enough?: The LP &GP Perspective On Secondaries
Investing
AXA PRIVATE EQUITYPANTHEON
AXIOM ASIA PRIVATE CAPITAL
Unleashing Value In The Golden Triangle: Venture
Investing In The US, China And Japan
DCM
16.30
Australia Country Clinic: How Has Private Equity In Australia
Adapted To The Lack Of AvailableCredit? Is The Old Model Dead?
And What Will The FutureLandscape Look Like?
Moderator: IFMQUENTINAYERS
HEMSMAN FUNDSMANAGEMENT
ARCHER CAPITALIRONBRIDGE CAPITAL
Examining Global Cleantech & Green Energy Investing
Moderator: STANFORDUNIVERSITY & CETIM
TSING CAPITALCLIMATE CHANGE CAPITAL
NEW ENERGY FINANCEWI HARPER
How To Build A RobustManagement Structure In Asia:What Is The Best Model For The
Region?
DFJ DRAGONFUND CHINAIDG VENTURES VIETNAM
17.10-
18.00
Networking Champagne Round-Tables Discussions - see page 8 for detailsThese are a chance to discuss the latest issues with leading experts over a glass of champagne
ADAMS STREETPARTNERS
CHRYSCAPITAL ARCHER CAPITAL CX PARTNERS
ARIASUMITOMO TRUST
& BANKINGADB PPM MANAGERS
17.30-
18.15THE SUPERRETURN ASIA WELCOME DRINKS RECEPTION
Join us at this perfect opportunity to meet with fellow delegates and discuss the topics raised today!
4
Interview
LP’s
INDUSTRY TITAN
SPOTLIGHT ON THE ECONOMY
Polling
p6
p6
p6
p6
p6
p7 p7
p7
p7
p7 p7
p7 p7
p8
p8
p8
p8
KN2212SRA08br:GAIM Asia 14/5/09 16:15 Page 5
Web www.superreturnasia.com Tel +44 (0) 20 7017 7200 Fax +44 (0) 20 7017 7807 E [email protected] 5
Main Conference Day 2Wednesday 23 September 2009
Main Conference Day 3Thursday 24 September 2009
07.45-
09.20
LP ONLY BREAKFASTSponsored by:
Country & data-focused roundtable discussions over breakfast. Open to registered LPs only. To confirm your place (subject to verification) please contact: [email protected]
09.00 Welcome & Coffee
09.20Chairman's Welcome Address:
Philip Bilden, Managing Director, HARBOURVEST PARTNERS (ASIA)
09.30
FOCUS ON BUYOUTS
End Of The LBO? What Strategies Are Buyout Firms Adopting In A Credit-Poor Environment? Where Are Capital Deployment Opportunities To Be Found?
Moderator: Nicholas Bloy, Co-Founder & Managing Partner, NAVIS CAPITAL PARTNERS
John Ehara, Partner, UNISON CAPITAL
John Zhao, CEO, HONY CAPITAL
Thomas M. Britt III, Partner, DEBEVOISE & PLIMPTON LLP
X.D Yang, Managing Director, CARLYLE GROUP
Ming Lu, Partner, KOHLBERG KRAVIS & ROBERTS
10.15
FOCUS ON GROWTH
Overcoming The Challenges Of Managing Minority Positions In A Downturn Environment –How Do GPs Work With Portfolio Companies To Manage Expectations,
Add Value & Exit?Moderator: Chihtsung Lam, Managing Director, AXIOM ASIA PRIVATE CAPITAL
Jean Eric Salata, Founding Partner & CEO, BARING PRIVATE EQUITY ASIA
Chin Chou, CEO & Managing Director, MORGAN STANLEY PRIVATE EQUITY ASIA
Andrew Yan, Managing Partner, SAIF PARTNERS
11.00
Morning Coffee & Networking BreakIncluding Structured LP/GP Speed Networking
The Fastest Way To Pick Up 30 Business Cards In 30 Minutes And Make Vital Connections & Contacts For Investment
11.45
FINANCING IN ASIA
How Has Financing In Asia Adapted And What Structures Will Remain Strong Going Forward?Moderator: Philip Bilden, Managing Director, HARBOURVEST PARTNERS (ASIA)
Robert Appleby, Co-Founder & CIO, ADM CAPITAL
Wilbur Ross, Chairman & CEO, WL ROSS & CO
Liang Meng, Managing Director, D.E. SHAW & CO
Peter Wiggs, Managing Partner, ARCHER CAPITAL
12.30 China: Sustainable Recovery Or False Dawn?
Jing Ulrich, Managing Director & Chairman China Equities, J.P MORGAN
13.30 Seated Lunch Break
14.30
SUPERRETURN ASIA 2009 QUICK-FIRE SHOWCASE
Your chance to speak about your fund and be judged by a LP panel or listen to others in an informal environment
LP Panel: Grant Fleming, Managing Director, WILSHIRE PRIVATE MARKETS
& Gordon Hargraves, Partner, RHO FUND INVESTORS
15.15
PRACTICAL EXPERIENCES STRATEGY LABS
The ideal opportunity to delve more deeply into the intricacies of each market. This extended session will consist of 4 country-focused discussion tables led by an
expert speaker from each market.30 Minutes – Discussion Tables
20 Minutes – Feedback From Each Group20 Minutes – Panel Reflections
20 Minutes – Refreshments & Networking
16.45 End Of SuperReturn Asia 2009
08.20 Welcome & Coffee
08.35 Chairman’s Welcome:
08.45
VETERANS TASKFORCE
Including Electronic Polling
Lessons Learnt A Decade Later: How Does The Current Crisis Compare & Differ From The 1998Asian Crisis? How Will The Current Environment Change The Private Equity & Venture Capital
Landscape In Asia Going Forward?Moderator: Peter Denious, Partner, FLAG CAPITAL MANAGEMENT
KY Tang, Co-Founder & Managing Partner, AFFINITY EQUITY PARTNERS
George Raffini, Managing Director, HSBC PRIVATE EQUITY (ASIA)
Weijian Shan, Partner, TPG CAPITAL
Joe Skrzynski, Founding Partner, CHAMP PRIVATE EQUITY
09.30 Crystal Ball Gazing - The World In 2010/2011Ronnie C. Chan, Chairman, HANG LUNG PROPERTIES LIMITED
10.10 Morning Coffee & Networking Break
10.45
ALIGNMENT OF INTERESTS HARDTALK LP INTERVIEW
Front-End Alignment: How Do We Stop The Wheels Of Private Equity From Wobbling?Ahmad Ali, Director, Private Equity, CORNELL UNIVERSITY &
Marcus Simpson, Head of Global Private Equity, QIC
Interviewed by: Paul Denning, CEO, DENNING & CO
11.25
STRATEGY DRIFT & INVESTMENT FOCUS
Examining GP Strategy Drift & Investment Discipline As A Risk To Future Returns:How Do GPs Differentiate Themselves Whilst Remaining Focused?
& What Are LPs ConcernsModerator: Frank Tang, CEO, FOUNTAINVEST PARTNERS
John Schumacher, CEO, NEW YORK LIFE CAPITAL PARTNERSMark Wiseman, Senior Vice President, Private Investments
CPP INVESTMENT BOARDErol Uzumeri, Senior Vice President, TEACHERS’ PRIVATE CAPITAL
Rahul Bhasin, Managing Partner, BARING PRIVATE EQUITY PARTNERS INDIA
12.10 Extended Seated Lunch & Networking SessionIncluding Women In Private Equity Lunch
13.30
EUROPEAN LP PERSPECTIVE
What Investment Strategies Are LPs Adopting In Today's Marketplace? Are WeUndergoing A Fundamental Change In Approach?
Volkert Doeksen, CEO & Managing Partner, ALPINVEST PARTNERS
14.00
FAMILY OFFICE STRATEGY
How Private Equity Fits Into The Portfolio & Expectations Going ForwardModerator: Melissa Ma, Co-Founder & Managing Partner
ASIA ALTERNATIVES MANAGEMENT
Beth Strutzel, Chief Investment Officer, HILLSPIRE LLC
William Chu, Principal, OAK HILL INVESTMENT MANAGEMENT
Ming Lee, CEO, SAL. OPPENHEIM (HONG KONG) LIMITED
14.45Afternoon Tea & Networking Break - Including
Meet The Industry Speed Networking
The Fastest Way To Pick Up 30 Business Cards In 30 Minutes
Knowledge & Networking Exchange
Chaired by: DEBEVOISE & PLIMPTON LLP
Deals & Valuations: Adding Value
Chaired by:CLARITY CHINA PARTNERS
Country Clinics &Successful Entry
Strategies
15.20
This extended session will last for 80 minutes. Choose a table and
there will be 50 minutes for roundtablediscussions followed by
30 minutes panel roundup and informal knowledge exchange
Understanding Deal Flow & Volume Across The Region On A
Country By Country Basis – Where Are The Best Priced Deals
To Be Found?
Speaker tbc
China Country Clinic: The Myths & Realities Of Doing Business In China:
Cultural Behaviour; Valuations; Deal Flow & Exits
Moderator: CHINA NEWENTERPRISE INVESTMENT
SPRING CAPITAL ASIAFOUNTAINVEST PARTNERS
LGT CAPITAL PARTNERSQIMING VENTURE PARTNERS
16.00
Valuations – AnalysingOpportunities; Valuations & Future Deal Flow: How Will
The 2009-10- VintageCompare To 2006-8 And What
Can The Industry Learn Going Forward?
ADVANTAGE PARTNERSVOGO FUND
MACQUARIE FUNDS GROUP
India Country Clinic: Managing Minority Deals & Cultural Challenges Specific
To Indian Private Equity - WhereAre The Opportunities To Be Found
& Is It Just A Land Of PIPEDreams?
Moderator: GARTMORE PRIVATE EQUITY
BARING PRIVATE EQUITYPARTNERS INDIASIGULER GUFF
BAIN CAPITAL ADVISORS (INDIA)
16.40
Choose a table and there will be 25minutes for roundtable discussions
followed by 15 minutes panel roundupand informal knowledge exchange
Adding Value Without A Tail-Wind: How Can GPs Actively
Work With Portfolio Companies To Build
Successful Businesses In Asia And Globally?
AIF CAPITALCRIMSON INVESTMENTS
H&Q ASIA PACIFICPRAX CAPITAL
Vietnam Country Clinic: Has The Bubble Burst? Has
Vietnam Already Reached Its FullPotential – Where Are The Next
Wave Of Opportunities To Be Found?
IDG VENTURES VIETNAMMEKONG CAPITAL
17.20-
18.45
SUPERRETURN ASIA 2009 COCKTAIL PARTYSponsored by:
For further information on
speaking, branding and
networking event opportunities
at SuperReturn Asia
please contact
Anita Richards on
T. +44 207 017 7217 or
Fundraising – What Are LPsLooking For In GPs?
PARTNERS GROUP
The Asian LP Perspective On Asset Allocation
& StrategyEAGLE ASIA PARTNERS
Avoiding The Sins Of The Past...How Can LP's Help GP's To
Avoid Making The SameMistakes Again And Again?
NYL CAPITAL PARTNERS
The Real Risks Of Private Equity In Asia Compared
Globally: Evaluating Volatility At A Country By Country Level
PCGI
Does Size Kill? Filling The FundSize Gap And The NextGeneration Of Success
RHO FUND INVESTORS
LP Return Expectations & Asset Allocation Strategy
IFM
What Keeps Private EquityProfessionals Awake At Night?
WILSHIRE PRIVATEMARKETS
Winners & Losers – Who LosesLeast In Challenging Times?
MLC INVESTMENTMANAGEMENT
KOREA
Peter Ko
H&Q AP KOREA
INDIA
Praneet Singh
SIGULER GUFF
CHINA
Laure Wang
ASIA
ALTERNATIVES
MANAGEMENT
JAPAN
Emmett Thomas
ADVANTAGE
PARTNERS
Interview
LP/GP
SpecialGuest
EUROPEAN LP PERSPECTIVE
EXTENDED ECONOMIC OUTLOOK
"SuperReturn Asia provides a
content-rich programme and
great networking
opportunities"
Chihtsung Lam, Axiom Asia Private Capital
Pollingp8
p8
p9
p9
p9
p9
p10
p9
p9
p10
p10
p10
p10 p10
p11
p11
p11
p11
p11
p11
p11
p12
KN2212SRA08br:GAIM Asia 14/5/09 16:15 Page 6
Web www.superreturnasia.com Tel +44 (0) 20 7017 7200 Fax +44 (0) 20 7017 7807 E [email protected] 6
Main Conference Day 1Tuesday 22 September 2009
DAY1
08.10 - 09.30
Global Economic Meltdown And The
Impact On Asia: Evaluating The Lessons
Going Forward & Where Is The Light At
The End Of The Tunnel?
2 Economics Experts GiveTheir Predictions For 2010And Beyond
Andy Xie, Economist (FormerMD & Head of Morgan Stanley’sAsia/Pacific Economics Team)Andy Xie is an independent economistand financial advisor and heads an
investment club for occasional direct investments inChina. He was a Managing Director and Head ofMorgan Stanley's Asia/Pacific economics team andjoined the firm in 1997. He was voted number oneeconomist in Asia between 2000-2006 by theInstitutional Investors Magazine. He was selected byCCTV and World Economic Forum in 200 as one of tenfuture economic leaders in China.
Clyde Prestowitz, Founder & President, ECONOMICSTRATEGY INSTITUTEClyde Prestowitz is Founder andPresident of the Economic StrategyInstitute. Mr. Prestowitz has played key
roles in achieving congressional passage of NAFTA andin shaping the final content of the Uruguay Round, aswell as providing the intellectual basis for current U.S.trade policies toward Japan, China, and Korea. Prior to
founding ESI, Mr. Prestowitz served as counsellor tothe Secretary of Commerce in the ReaganAdministration. There, he led many U.S. trade andinvestment negotiations with Japan, China, LatinAmerica, and Europe. Before joining the CommerceDepartment, he was a senior businessman in theUnited States, Europe, Japan, and throughout Asia andLatin America. He has served as vice chairman of thePresident's Committee on Trade and Investment in thePacific and sits on the Intel Policy Advisory Board andthe U.S. Export Import Bank Advisory Board. He is theauthor of the best-selling book on U.S.-Japan relations,Trading Places, and co-author and editor of several otherbooks on international trade and business strategyincluding Asia After the Miracle; Powernomics; Bit byBit; The New North American Trade Order; and RogueNation. His latest book, Three Billion New Capitalists:The Great Shift of Wealth and Power to the East, dealswith the economic rise of Asia and the upcomingrebalancing of the world economic order, and its impacton the United States.
Followed by Discussion With Real-TimeQuestions On The Screen From The Audience
Chaired by: Philip Lin, Adjunct Professor,COLUMBIA UNIVERSITYBUSINESS SCHOOL,TSINGHUA UNIVERSITY SEM,
STANFORD UNIVERSITY TECHNOLOGYVENTURES PROGRAM
SPOTLIGHT ON THE ECONOMY
You run the best PE
conference in Asia in terms
of content and variety of
participants
Veronica John, IDFC Capital
““
07.30
Registration & Coffee
08.00
Chairman’s Opening AddressThomas M. Britt III, Partner, DEBEVOISE & PLIMPTON LLPThomas Britt is a member of Debevoise & Plimpton's Securities, Mergers & Acquisitions and PrivateEquity Groups. His practice focuses on international M&A and capital markets transactions as well asprivate equity financings for companies throughout Asia.
SuperReturn Asia was the
most useful conference I’ve ever attended.
The quality of the participants, both LPs
and GPs, was really excellent. I made some
great contacts.
Chris Freund, Mekong Capital
““
09.30 - 10.30
Examining The Private Equity & Venture
Capital Model In Asia: How To Adapt To
Remain Competitive In Challenging Times
– Which Market & Model Will Come Out
Strongest?
Moderator:Rebecca Xu, Co-Founder &Managing DirectorASIA ALTERNATIVESMANAGEMENTMs. Xu co-leads Asia Alternatives’ Hong
Kong office, which serves as the Firm’s base for fundand direct investing, market research and portfoliomanagement. Ms. Xu is on the Firm’s InvestmentCommittee and leads Asia Alternatives’ investments inexpansion and growth capital funds, focusing mostly inChina, India and South East Asia markets. In addition,Ms. Xu oversees the Firm's portfolio managementprocess. Prior to starting Asia Alternatives, Ms. Xu wasa Senior Investment Officer at the Funds Group of theInternational Finance Corporation (“IFC”), the privatesector investment arm of the World Bank Group.
Taisuke Sasanuma,Representative Partner,ADVANTAGE PARTNERSTaisuke Sasanuma formed AdvantagePartners in 1992 to bring US andEuropean businesses and products to the
Japanese market. He established the first buyout fundin Japan in 1997. Prior to this he established MonitorCompany’s Tokyo office in 1989 and consulted majorcorporations on how to develop strategies for theJapanese market.
Tim Sims, Managing Director,PACIFIC EQUITY PARTNERSTim Sims is a Managing Director andFounder of Pacific Equity Partners (PEP).He was previously Chairman andManaging Partner of Bain and Company’s
businesses in Australasia and Africa. He was an electedmember of Bain’s World-wide Executive Committee.Prior to joining Bain Tim was a Founding Partner of theLEK Partnership in London and Managing Partner oftheir Australasia practice. Tim has also led or served ona number of National Strategy issues, The KarpinCommittee, Lucas Heights, and the Service ExportInitiative. He was selected to participate in the PrimeMinister’s Climate Change Summit and 2020 initiative.
Wu Shang Zhi, Chairman &Managing PartnerCDH INVESTMENTSPrior to founding CDH, Wu was the Headof CICC’s private equity group from itsinception in 1995, a Managing Director
since 1998 and a member of CICC’s ManagementCommittee from 2000-2002. From 1991 to 1993, hewas a Senior Investment Officer at the InternationalFinance Corporation. From 1984 to 1991, he was anOperation Officer at the World Bank. After leaving theIFC/World Bank, Wu returned to China to become afounding partner and Managing Director at Beijing CopiaConsulting Company Ltd.
Ajay Relan, Co-FounderCX PARTNERSAjay is one of the pioneers of PrivateEquity in India. He headed Citi’s privateequity business in India from its inceptionin 1995, and left in mid 2008 to
launch CX partners, a dedicated India focused PE fund.In the 13 years with CVCI, India, Ajay and his teaminvested approximately USD1.2 billion in over 60companies across a variety of sectors in largely growthcapital but also selectively buy-outs. The CVCI teamunder his leadership built one of the most reputable PE
franchises which distinguished itself with very attractivecash-on-cash returns. CX Partners achieved its firstclose in March 2009. Prior to taking up PE as a career,Ajay had spent several years with Citi in the Corporateand Investment banking business in leadershippositions in India, Middle East and Europe.
Michael B. Kim, PartnerMBK PARTNERSMichael B. Kim is a founding partner ofMBK Partners, a leading North Asiaprivate equity firm. Prior to MBK Partners,Mr. Kim was President of Carlyle Asia
Partners, responsible for overseeing Carlyle’s buyoutactivities in the Asia-Pacific region. Mr. Kim was also amember of The Carlyle Group’s ManagementCommittee. Previously, Mr. Kim was Managing Directorand COO of Asia-Pacific Investment Banking forSalomon Smith Barney and an Executive Director atGoldman Sachs & Co.
10.30 - 11.10
Morning Coffee & Networking Break
PRIVATE EQUITY INDUSTRY OUTLOOKIncluding Electronic Polling
11.10 - 11.55
Chuck McElroy, CEO, CNS Chuck McElroy is the Chief ExecutiveOfficer of China Network Systems, aleading cable TV multi-systems operatorin Taiwan. He was appointed to thisposition in July, 2007 when MBK Partnersacquired CNS. Prior to joining CNS, Chuck
spent 12 years in various executive positions within thecable industry in the United States, including as theSenior Vice President for Southeast Operations withCharter Communications, President of Cox BusinessServices, and VP of Residential Broadband Services atCox Communications.
&
Gyu-Seok Oh, President & CEOC&MGyu-Seok Oh is the President and CEO ofC&M, a leading cable operator in Koreawith more than 2.1 million video subs.Prior to joining C&M in February 2006, hehad extensive experience in the Korean
telecommunications industry, both in fixed andwireless, by serving seven years in various seniorexecutive positions such as CMO and CSO at HanaroTelecom and LG Telecom. Gyu-Seok began his careeras a management consultant at Monitor Group, wherehe was one of the founding members of the company’sSeoul office.
Interviewed by: Michael B. Kim, Partner, MBK PARTNERSSee previously for biographical details
PORTFOLIO COMPANIES FOCUSIn this dynamic interview, hear from two leading portfolio companies on their experiences of private
equity, areas for growth and business outlook over the next few years.11.55 - 12.35
Time To Change The World Again• Revolutions in old industries• Bringing financial statements to zero• Solving problems• The march of technological advancement• The case for globally networked venture
capital• How governments can attract
entrepreneurship/venture capital
Tim Draper, Founder &Managing Director, DRAPERFISHER JURVETSONTimothy C. Draper is the Founder and aManaging Director of Draper FisherJurvetson. His original suggestion to
use "viral marketing" in web-based email togeometrically spread an Internet product to its marketwas instrumental to the successes of Hotmail andYahooMail, and has been adopted as a standardmarketing technique by hundreds of businesses. Timlaunched the DFJ Global Network, an internationalnetwork of early-stage venture capital funds withoffices in over 30 cities around the globe. He was #7on Forbes Midas List and #52 on the list of the mostinfluential Harvard Alumni. He was named Always-On#1 top venture capital deal maker for 2008. And DFJwas honored as #1 Dealmaking Venture Capital firmfor 2008.
INDUSTRY TITAN
12.35 - 14.00
Extended Seated Lunch & Networking Session
ELECTRONIC
POLLING
KN2212SRA08br:GAIM Asia 14/5/09 16:15 Page 7
Web www.superreturnasia.com Tel +44 (0) 20 7017 7200 Fax +44 (0) 20 7017 7807 E [email protected] 7
Main Conference Day 1Tuesday 22 September 2009
DAY1
COUNTRY CLINICS & SUCCESSFULENTRY STRATEGIES
14.00 - 14.40
India Country Clinic:
SME Sector Vs. Larger Deals In India –
Examining The Nuances Of Each & Which
Segment Will Provide The Next
Generation Of Top Returns?Moderator: Brian Lim, Portfolio Director, Asia, CDC GROUPBrian Lim is responsible for the sourcing,selection and monitoring of private equityfunds in Asia. He sits on a number ofprivate equity and other fund advisory
boards in India, China and South East Asia. Prior toCDC, Brian spent seven years at Watson Wyatt wherehe was responsible for advising pension funds andother institutional investors on private equity fundselection and investment strategy.
Achal Ghai, Managing PartnerAVIGO CAPITALAchal is the Founder and ManagingPartner of Avigo Capital Partners (Avigo),a private equity Firm based in India andMauritius. He started the firm in 2003
after having spent 20 years in Corporate & InvestmentBanking across India, Dubai & Canada with internationalbanks like American Express, HSBC, SCB, EBIL andmore recently six years as Director-WesternCanada/USA, Canadian Imperial Bank of Commerce.
Gulpreet Kohli, ManagingDirector, CHRYSCAPITALMr. Kohli joined ChrysCapital InvestmentAdvisors in May 2000. Gulpreet workswith the education, retail, consumer andinfrastructure sectors, besides leading the
fund raising effort for ChrysCapital. He previously workedat General Electric and was selected into its two-yearglobal financial management leadership program.
JM Trivedi, Partner, ACTISJM Trivedi is Partner of Actis Capital LLPUK and also head of South Asia region ofActis. J M Trivedi joined CDC CapitalPartners in 1997, prior to the creation ofActis in 2004, and was responsible for
setting up the Mumbai office. Prior to joining Actis, hewas Senior Vice President at Gujarat Venture Finance Ltd.
Manish Kejriwal, Managing DirectorTEMASEK HOLDINGS ADVISORS INDIA (tbc)
14.40 - 15.20
Japan Country Clinic: How Has Japanese Private Equity DealFlow Been Impacted By Global CreditIssues? And In Which Sectors Will FutureOpportunities Be Found?
Moderator: Hideya SadanagaDeputy General Manager, Credit& Alternative InvestmentDepartment, NIPPON LIFEINSURANCE COMPANY
Mr. Sadanaga has been with Nippon Life InsuranceCompany since 1990 and has lead the ramping up of itsprivate equity fund investment program since 1999. Hehas led investments in numerous private equity funds todate with total commitments of over $1Bil. He is currentlyDeputy General Manager for the Credit & AlternativeInvestment Dept., where he continues to oversee theNippon Life domestic and global private equity program aswell as other investment areas such as hedge funds andcredit funds, with assets under management of over $5Bil.
Taisuke SasanumaRepresentative PartnerADVANTAGE PARTNERS LLPSee page 6 for biographical details
David Shen, Managing DirectorOLYMPUS CAPITALDavid T. Shen is a Managing Director atOlympus Capital Holdings Asia. Since joiningOlympus Capital in Hong Kong in 1998, hehas led several of the firm’s investments in
the chemicals, financial services, manufacturing,telecommunications and technology sector in variousmarkets across the Asia Pacific region. Prior to joiningOlympus Capital, Mr. Shen was with William E. Simon &Sons (Asia), the Asian affiliate of the direct investmentgroup founded by Mr. William Simon Sr., the former U.S.Treasury Secretary under President Nixon and Ford.
Kazunori Ozaki, Chairman &CEO, ANT CAPITAL PARTNERSPrior to his current role, Kazunori Ozakijoined GE Capital as Senior Vice President tohelp to start an investment division forprivate equity in Japan and he established
a joint private equity fund of USD 200 million withJapanese business partners. In 2001, antfactory Japan,now Ant Capital Partners, invited him to start its privateequity investment business. Since 2004 he has been theDirector of Japan Venture Capital Association(JVCA) and theDirector of the Japan Private Equity Association since 2005.
Tadashi Aogai, DirectorDEVELOPMENT BANK OF JAPAN
15.20 - 15.50
Afternoon Tea & Networking Break
15.50 - 16.30
SE Asia Country Clinic:
To What Extent Is The SE Asia Region A Less
Crowded Market With Many Undiscovered
Opportunities Or A Political & Economic Risky
Option In A Risk-Averse Environment?
Douglas ClaytonManaging PartnerLEOPARD CAPITALDouglas Clayton is Founding Partner ofLeopard Capital, which in April 2008launched the first multi-sector fund for
Cambodia, Leopard Cambodia Fund. He was formerlyCIO of Knight Pacific Fund, and Founding Partner ofAbacus Equity Partners (Thailand), a private equityinvestment advisory firm.
Pote Videt, Managing DirectorLOMBARD INVESTMENTSPote Videt is Managing Director ofLombard Investments with primaryresponsibility for investments inSoutheast Asia. Prior to joining Lombard,
Mr. Videt was Managing Director of CSFB responsiblefor Southeast Asia and Managing Director of GoldmanSachs in Hong Kong. In its first worldwide survey,Global Finance magazine named Mr. Videt as one of thebest bankers in the emerging markets. In 1997, Mr.Videt served briefly as Deputy Minister of Commerce inthe Thai Government. From 1998-2001, he acted asadvisor to the Deputy Prime Minister, Dr. SupachaiPanitchpakdi (former WTO Head), with regard tointernational economic policy.
Thomas M. Britt III, PartnerDEBEVOISE & PLIMPTON LLPSee page 6 for biographical details
Sandiaga UnoFounding PartnerSARATOGA CAPITALSandiaga Salahuddin Uno is the FoundingPartner of Saratoga Capital, a privateequity/direct investment firm he co-
founded with Edwin Soeryadjaya in 1998. SaratogaCapital focuses its investments in natural resources andinfrastructure opportunities in Indonesia and SoutheastAsia. He also co-founded a boutique investment firm,PT Recapital Advisors in 1997.
16.30 - 17.10
Australia Country Clinic: How Has Private Equity In AustraliaAdapted To The Lack Of Available Credit?Is The Old Model Dead? And What WillThe Future Landscape Look Like?
Moderator: Judith SmithHead of Private EquityIFMJudith joined IFM in 1998, having beeninvolved with private equity in theAustralian market since 1990. Judith is
Deputy Chair of IFM’s Investments andStrategy Committee and Chair of IFM’s RiskManagement Committee. Judith is responsible for themanagement of the private equity team and privateequity investments on behalf of IFM clients.
Ralph SutersPartnerQUENTINAYERSRalph Suters is a Partner in QuentinAyers, an independent Sydney-basedbusiness which has been providing
private equity and alternative assets services toinstitutional investors since the early 1990’s. Prior tojoining Quentin Ayers, Ralph’s commercial backgroundincluded roles in industries as diverse as motor vehicledistribution, recorded music and financial services.
Ian JohnsonCo-Founder & Managing DirectorHELMSMAN FUNDSMANAGEMENTIan is a Co-Founder and ManagingDirector of Helmsman Funds
Management Ltd (HFM), a private equitymanager and one of the few established specialsituations and distressed /turnaround funds in theAustralian market. Prior to HFM, Ian was retained byMacquarie Bank to establish and manage investmentsin distressed assets. He has over 20 years’ experiencein corporate, project and structured finance.
Peter Wiggs, Managing PartnerARCHER CAPITALPeter was a founding Partner of ArcherCapital. With over $2 billion of funds underactive management and 22 investmentprofessionals, Archer Capital is one of
Australia’s oldest and largest private equity firms.
Paul EvansManaging PartnerIRONBRIDGE CAPITALPaul has 16 years of private equityexperience with 3i, AMP, and Ironbridge.In 1995 Paul emigrated to Australia,
joining AMP Private Equity as a Director, where he ledand managed investments in some of Australia'sleading management buyout and expansion capitaltransactions across a broad range of industries. Aftersix years at AMP, Paul left to join Gresham PrivateEquity in 2001 as a Director where he led the A$252million buyout of car parts group Repco. Paul co-founded Ironbridge in 2003.
17.10 - 18.00
Networking Champagne Round-TablesDiscussionsThese are a chance to discuss the latest issueswith leading experts over a glass of champagne.See page 8 for details.
17.30 - 18.15
The Superreturn Asia Welcome DrinksReception
HOT INVESTMENT
STRATEGIES & SECTORS
Chaired by: Edmond NgManaging DirectorAXIOM ASIA PRIVATE CAPITALMr Ng is Managing Director of AxiomAsia Private Capital, a private equity fund
of funds focusing on Asia. Prior to the setting up ofAxiom Asia, Edmond was a director at Y Beauty, a HKbased beauty product company, and was responsiblefor developing its PRC retail business.
14.00 - 14.40
Private Equity: Likely Outcomes In Difficult
Times
Tim SimsManaging Director PACIFICEQUITY PARTNERS
See page 6 for biographical details
14.40 - 15.20
Examining The World Of Restructuring &
Turnarounds
Moderator: Rob Petty
Managing PartnerCLEARWATER CAPITAL
PARTNERSRobert Petty is the Managing Partner of
Clearwater Capital Partners and a member of the firm'sInvestment Committee. Based in New York, Mr. Petty'sprincipal responsibilities encompass portfoliomanagement and management of the firm overall.Since inception of the firm, Mr. Petty and his partnershave utilized their credit oriented investment strategy toinvest profitably since 2001, building an Asia focusedbusiness that today is one of the largest credit investingfirms in the region.
Panellists tbc
15.20 - 15.50
Afternoon Tea & Networking Break
15.50 - 16.30
Is The Booming Secondaries Market Deep
Enough?: The LP & GP Perspective On
Secondaries InvestingL.N. SadaniDirectorAXA PRIVATE EQUITYLachmi-Niwas is a co-founder of AXAPrivate Equity’s operations in Asia andcovers primary and secondary fund
investments as well as direct co investments.Lachmi-Niwas oversees business development andclient relationship activities for AXA Private Equity inthe region, working on customised offerings forsovereign wealth funds, superannuation funds,corporate pension funds, etc. Prior to this, Lachmi-Niwas worked in the LBO team of Apax Partners.
Paul Ward, Partner, PANTHEONPaul is responsible for the analysis,evaluation and completion of privateequity secondary transactions. He joinedPantheon from Lehman Brothers PrivateEquity Group, where he was Investment
Director. Previously, he worked for Lehman BrothersInvestment Bank in both New York and London on M&Aand Corporate Finance advisory services and, prior tothat, was a management consultant for PA Consulting.
Yewhong GohManaging DirectorAXIOM ASIA PRIVATE CAPITALMr Goh is founder and Managing Directorof Axiom Asia Private Capital, a privateequity fund of funds focusing on Asia.
Prior to this, he was Senior VP in GIC Special Investments(GIC SI), the private equity arm of the Government ofSingapore Investment Corporation. He joined GIC in 1995and had been involved in investments in private equityfunds and direct investments/co-investments.
16.30 - 17.10
Examining Global Cleantech & Green
Energy Investing• Drivers of Cleantech/Green Energy returns• Challenges in various ‘green’ subsectors• Global vs. local scope of VC funds in contrast to
IT and LS• Dedicated funds vs. generalist funds• Fundraising strategies and LP considerationsModerator:
Martin Haemmig, SeniorAdvisor on VC & Adj. Professor,STANFORD UNIVERSITY &CeTIMDr. Martin Haemmig’s VC research covers
13 countries in Asia, Europe, Israel, and USA. Helectures and/or researches at Stanford University, UCBerkeley, UniBW Munich, ETH Zurich, INSEAD, as wellas at China’s Peking, Tsinghua, Renmin, Fudan andJiaoTong University, plus India’s Institute of Technology,Science and Management in Delhi, Mumbai, Bangaloreand Hyderabad. He was appointed at Stanford-SPRIE as‘Senior Advisor on Venture Capital’ plus as expert andfaculty to the China Research Center at UC Berkeley forChina, and he is the VC-advisor for China’s largestscience park (Zhongguancun).
Jun Ying, Head of Research,China, NEW ENERGY FINANCEJun Ying is the Head of Research forChina, based in Beijing, where he openedthe office in 2007. Prior to NEF, Junworked for 5 years in H.Q at Bank of
China, where his roles included Client RelationshipManager in the Corporate Banking Division and DeputyManager in the Multi-Trade Division.
James Cameron, Vice Chairman,CLIMATE CHANGE CAPITALJames is the Executive Director, CCC’sVice Chairman and Chairman of theAdvisory Board. He has held academicpositions at Cambridge, London, Bruges
and Sydney and is affiliated with Yale. He is theChairman of the Carbon Disclosure Project, a treasurerof REEEP and a senior advisor to The Climate Group.He is a member of the board of GE Ecomagination anda member of the Copenhagen Climate Council. Prior toCCC he was Counsel to Baker & McKenzie, headingClimate Change Practice.
Patrick Tam, PartnerTSING CAPITALDr. Patrick Tam served as President of theWashington Research Foundation, whichcommercialized innovations. He sat on theWashington governor’s commission to
create a $350M Life Sciences Fund. He recently wasrecognized by the World Health Organization for hiswork in developing a vaccine time-temperature tracker,which is used on over 250 million vaccine dosagespurchased by UNICEF.
Wayne Shiong, PartnerWI HARPER GROUPWayne Shiong joined WI Harper Group in2005 and brought over a well-balancedcombination of private equity advisory,industry research and entrepreneurial
experience to the firm. He was the first locally-basedindustry research analyst among all US investment banksand he was covering Chinese public companies in theInternet Media and Marketing space at Piper Jaffray,reporting directly to Safa Rashtchy who pioneered intopaid search coverage with his popular report – GoldenSearch in 2003.
17.10 - 18.00
Networking Champagne Round-TablesDiscussionsThese are a chance to discuss the latest issueswith leading experts over a glass of champagne.See page 8 for details.
17.30 - 18.15
The Superreturn Asia Welcome Drinks
Reception
SUCCESSFUL MANAGER SELECTION
KN2212SRA08br:GAIM Asia 14/5/09 16:15 Page 8
Main Conference Day 1Tuesday 22 September 2009
DAY1
& LP PERSPECTIVE
14.00 - 14.40
The Due Diligence Process In Asia: What Criteria & Approach Do LPsHave?
Mu-Shin Kim, Investment OfficerASIAN DEVELOPMENT BANKMr. Mu-Shin Kim is an investment officerof Asian Development Bank (ADB) wherehis primary role is private equity fundsoperation. He leads new funds investment
across Asia, and monitors the funds portfolio of ADB.
Steve CowanManaging Director, PCGIMr. Cowan is a founder of PCGI, aWashington, DC, based investmentmanager focused on partnership and co-investment in select private equity
markets outside of the United States. Prior to PCGI, Mr.Cowan served at Overseas Private InvestmentCorporation (OPIC), most recently as a Director in theInvestment Funds Department, where he wasresponsible for structuring new funds, designing andimplementing the program’s asset allocation plans,selecting managers, and overseeing a large portion ofthe $3.5 billion investment funds program. Mr. Cowanalso helped design OPIC’s groundbreaking capitalmarkets insurance product.
Roberto PilottoManaging DirectorPPM MANAGERSRoberto Pilotto heads PPM Managers,the London based Private Equity Fundsinvestment unit of Prudential plc of the
UK. Prior to joining in 2002, Roberto was based, for fiveyears, at the European Bank for Reconstruction andDevelopment where he was instrumental to theexpansion of the US$ 1.5 billion private equity fundsprogramme in Russia and Eastern Europe.
Toru MasudaAssociate General Manager of CreditProducts & Investment DepartmentSUMITOMO TRUST & BANKINGMr.Toru Masuda, Head of Private Equity Investment ofSumitomo Trust and Banking, joined the bank in 1988.Prior to joining to the team in 2000, Mr.Masuda wasresponsible for managing corporate and emergingmarket investment portfolio for the bank in Londonsince 1996. Prior to London Branch, Mr.Masuda spentfour years for M&A Advisory, direct investments in andbusiness support for venture companies in Japan andbusiness matching.14.40 - 15.20
How To Stand Out In Fundraising – What
Catches LPs’ Attention?Brian LimPortfolio Director, AsiaCDC GROUPSee page 7 for biographical details
Kazushige Kobayashi, President& CEO ALTERNATIVEINVESTMENT CAPITALKazushige Kobayashi is President & CEOof Alternative Investment Capital Ltd, aninvestment advisory firm in private equity
investments, established in October 2002 by MitsubishiCorporation and Daido Life Insurance Company. He hasbeen engaged in the private equity related business for18 years for Mitsubishi Corporation in Tokyo and inLondon. In 2000, Mitsubishi established the first privateequity fund of funds in Japan. Since 2002, he has builtup business at AIC and its assets under managementhave grown to approx US$ 3 billion.
Greg Bayles, Portfolio ManagerPrivate Capital, ARIAGreg manages ARIA’s private capitalportfolio. This portfolio consists of privateequity investments and investments inopportunistic property and higher-return
infrastructure. The private equity portfolio hascommitments totalling $2.2 billion to venture capital andbuyout funds in Australia, the US, Europe and Asia. Theprogram was established in 1996. Greg has over 12years of direct private equity experience. Prior to joiningARIA in 2006 he lived in the USA for 17 years where hewas a general partner in three buyout funds.
Olivia OuyangInvestment Officer, IFCOlivia Ouyang is the regional lead for EastAsia at the IFC. She is responsible forbuilding and supervising the Group’s fundinvestment portfolio, as well as
generating co-investment opportunities in the region. Priorto IFC, Ms Ouyang was the CFO of Jupiter Partners.
Andy Hayes, Private EquityInvestment Officer, STATE OFOREGON, OFFICE OF THESTATE TREASURERPrior to his current role, Andy spent 3
years as an Analyst at RV Kuhns & Associates and 4years in Oregon's public equity team as an Analyst,helping with all aspects of the international anddomestic public equity portfolio. He moved over tofocus on private equity in February 2008, and currentlyfocuses on domestic VC and all Asian relationships.15.20 - 15.50 Afternoon Tea & Networking Break
15.50 - 16.30
Unleashing Value In The Golden Triangle:
Venture Investing In The US, China And
Japan• US and Asia VC market overview - macro
perspective• Technology trends and opportunities• VC models• Drivers of growth: case studiesHurst Lin, General Partner, DCMHurst Lin brings a wealth of business and culturalinsight and co-leads the firm’s expansion of investmentactivities in Asia. A co-founder of China’s largest onlineportal, Hurst has a history of successfully acquiringChinese IT start-ups, operating and taking a companypublic and then building it into a billion-dollar business.Prior to joining DCM, Hurst was chief operating officerof SINA Corporation (Nasdaq: SINA), the first ChineseInternet company to successfully list on the Nasdaq.
16.30 - 17.10
How To Build A Robust Management
Structure In Asia: What Is The Best Model
For The Region?Tony Luh, Managing DirectorDFJ DRAGONFUND CHINATony C. Luh is one of the foundingmanaging directors at DFJ DragonFund. Hepossesses experience in investments
at all stages of development in the East Asia region. Tonyhas over 20 years of experience in capital markets, sales,strategic alliances and new business development. Priorto DFJ DragonFund, Tony was a managing director withDragonVenture which he co-founded in 1999.
Henry NguyenManaging General PartnerIDG VENTURES VIETNAMAs the founding partner of the fund, Henrysplits his time between the firm’s
Hanoi and Ho Chi Minh City offices, where he overseesthe institutional and government relationships of the fundand directs its investment strategy. One of five GeneralPartners, Henry concentrates on fund strategy,government relations, general management andoperations, and investor relations.
17.10 - 18.00
Networking Champagne Round-TablesDiscussionsThese are a chance to discuss the latest issueswith leading experts over a glass of champagne.See below for details.
17.30 - 18.15
The Superreturn Asia Welcome Drinks
Reception
Networking Champagne RoundtablesNetworking is of the utmost importance at
SuperReturnAsia and thechampagnediscussiontables provideyou with theideal place tomeet face-to-
face with some of the key speakers, in small groupsof about 15 people. Your will be able to choosebetween the tables and discuss specific issues andideas that have arisen over the course of the day ina highly personal and interactive environment. Relaxwith a chilled glass of champagne and ease yourway into the evening entertainment…theSuperReturn Asia Welcome Drinks Reception.● Lessons Learned From The Great Private Equity
Bubble: What You Are Doing Differently FromThe Previous Cycle?
Roberto Pilotto, PPM Managers
● Is The “Growth Investing Model” Dead? LongLive Growth Investing!
Ajay Relan, CX Partners
● Country Funds vs. Regional Funds vs. Pan AsianFunds
Greg Bayles, ARIA
● How To Manage Communication AndRelationship With Your LPs In Troubling Times?
PV Wang, Adams Street Partners
● What Is The Best Model For PE Investing InAsia-Pacific, Country Managers, Pan RegionalOr Fund Of Funds?
Peter Wiggs, Archer Capital
● Private Equity Market Sweet Spot In India:Growth Minority Vs Buyout
Gulpreet Kohli, ChrysCapital
● Examining Cleantech InvestingMu-Shin Kim, ADB
● LP Perspectives On Private Equity & VentureCapital
Toru Masuda, Sumitomo Trust & Banking
Web www.superreturnasia.com Tel +44 (0) 20 7017 7200 Fax +44 (0) 20 7017 7807 E [email protected] 8
LP
PERSPECTIVE
Main Conference Day 2Wednesday 23 September 2009
DAY2
08.45 - 09.30
Lessons Learnt A Decade Later: How
Does The Current Crisis Compare & Differ
From The 1998 Asian Crisis? How Will The
Current Environment Change The Private
Equity & Venture Capital Landscape In
Asia Going Forward?
Moderator:Peter Denious, PartnerFLAG CAPITAL MANAGEMENTPeter evaluates venture capital andbuyout funds and is a member of FLAG’sinvestment committee. Prior to joining
FLAG in 2001, Peter was a Vice President with J.H.Whitney & Co., where he structured, negotiated, andexecuted equity investments in a variety of middlemarket and emerging growth businesses. Previously,Peter worked for BancBoston Capital where he workedon direct private equity transactions and fundinvestments in the United States and abroad.
KY TangCo-Founder & Managing PartnerAFFINITY EQUITY PARTNERSMr Tang joined UBS Capital as Chairman,Asia Pacific in 1999 before co-foundingAffinity Equity Partners in 2002. Mr Tang
has been involved in private equity since 1989. Prior toUBS Capital, he was the Chief Executive for InvestmentBanking, East Asia at Union Bank of Switzerland in1995. In that role, he also had oversight responsibilityfor the bank’s private equity activities. Following themerger of Union Bank of Switzerland and Swiss BankCorporation to form UBS, Mr Tang became ChiefExecutive, Hong Kong, of UBS Group and Asia RegionalHead of Corporate Finance for UBS Warburg.
George RaffiniManaging DirectorHSBC PRIVATE EQUITY (ASIA)George Raffini joined HSBC Private Equity(Asia) Limited (“HPEA”) in 1989. Mr.
Raffini’s career has focused on private equity investingin most of Asia’s principal investment markets. In 1998,he assumed the leadership of HPEA and has managedthe firm during a period of rapid growth and attractivefund performance. Prior to joining HPEA, Mr. Raffiniwas with Bain & Company, the U.S.-based managementconsulting firm.
Weijian Shan, PartnerTPG CAPITALMr. Shan has led a number of landmark transactionsincluding the acquisition of Shenzhen DevelopmentBank, a nationwide bank in China and the acquisitionand the eventual sale of Korea First Bank which wasonce the largest nationwide bank in Korea. Prior tojoining TPG Capital, Mr. Shan worked at JP Morgan as aManaging Director. Before then Shan was a professorat the Wharton School of the University of Pennsylvania.
Joe Skrzynski, Founding PartnerCHAMP PRIVATE EQUITYJoseph Skrzynski is the foundingManaging Director of the CHAMP group,the pioneering private equity fundsmanagement group in Australasia, which
has managed eight funds across early stage, growthand mid market buyouts over the last 22 years. MrSkrzynski is a Foundation Director and past President ofthe Australian Venture Capital Association, and aninaugural recipient of that Association’s and the AVCJAsian Life Time Achievement Awards.
VETERANS TASKFORCEIncluding Electronic Polling
08.20
Welcome & Coffee
08.35
Chairman’s Opening Address
09.30 - 10.10
Special Guest Address
Ronnie C. Chan, ChairmanHANG LUNG PROPERTIES LIMITEDRonnie C. Chan is the Chairman of Hang Lung Group Limitedand its subsidiary, Hang Lung Properties Limited. Hang Lunghas been a leader in Hong Kong’s property market for over 40years and has been expanding into mainland China for over a
decade. Mr Chan also co-founded the Morningside Group. Internationally,Mr Chan is a Vice Chairman of the Board of the Asia Society and Chairmanof its Hong Kong Centre, and a Trustee of the African-Asian Society. He is
also a former member of the governing boards of the World EconomicForum, East-West Centre, Pacific Council on International Policy, EisenhowerFellowships and The Maureen and Mike Mansfield Foundation.
10.10 - 10.45
Morning Coffee & Networking Break
CRYSTAL BALL GAZING - THE WORLD IN 2010/2011
ELECTRONIC
POLLING
KN2212SRA08br:GAIM Asia 14/5/09 16:15 Page 9
Main Conference Day 2Wednesday 23 September 2009
DAY2
10.45 - 11.25
Front-End Alignment: How Do We Stop The Wheels Of Private Equity From Wobbling?
• How has the GP/LP relationship changed in the current environment? • Are GP/LP interests becoming more aligned? • State of GP/LP alignment with respect to LP pain points• Where is the GP/LP relationship headed? • Is a new form of private investment necessary for Asia – listed, closed-end, or L.P.? Which best
aligns interests? • Alignment of risk – how to adequately compensate LPs and GPs? • Alignment of trust
Ahmad Ali, Director, Private Equity, CORNELL UNIVERSITYSince 2003 Ahmad has been based in the Office of University Investments at Cornell as Senior InvestmentAnalyst, Private Equity & Real Estate until his present role of Director, Private Equity. Prior to this Ahmad workedat Charles Fields & Associates, a International Business Development Consultancy as Senior Director of EmergingMarkets Principal Investments.&Marcus Simpson, Head of Global Private Equity, QICQIC is a leading institutional investment manager with $70 billion* in funds under management. Mr. Simpsonmanages QIC’s private equity program which is one of the largest of its kind in Australasia. The program was startedin 2005 and invests directly into global private equity funds and co-investments. It has a target of A$2.5 billioninvested by 2011. Before joining QIC in 2005, Mr. Simpson founded and managed the US operations for AltiusAssociates Limited. From 1996 to 2000 he was responsible for the Virginia Retirement System’s private equityprogram and added a non-US component to what was a wholly US portfolio.
ALIGNMENT OF INTERESTS HARDTALK LP INTERVIEWIn this exciting interview, you will hear from two leading LPs on the issues on their mind in the current environment focusing on issues especially pertinent to alignment of interests.
Interviewed by: Paul Denning, CEO, DENNING & CO - See page 3 for biographical information
11.25 - 12.10
Examining GP Strategy Drift &Investment Discipline As A Risk To FutureReturns: How Do GPs DifferentiateThemselves Whilst Remaining Focused?& What Are LPs Concerns?
Moderator: Frank Tang, CEOFOUNTAINVEST PARTNERSFrank Tang is the CEO and ManagingPartner of FountainVest Partners, a privateequity fund dedicated to China andmanaged by the Chinese. Between May
2005 to October 2007 Mr. Tang was a Senior ManagingDirector of Temasek Holdings and headed itsinvestments in China. Mr. Tang became an AdvisoryDirector of Temasek Holdings in October 2007, andstarted FountainVest Partners.
John SchumacherCEONEW YORK LIFE CAPITALPARTNERSMr. Schumacher joined New York Life in1991 and is currently CEO of NYLCAP,
responsible for overseeing all NYLCAP investmentactivities. Prior to co-founding NYLCAP, Mr. Schumacherwas the head of the $14 billion Private Finance Group ofNew York Life. Previously, Mr. Schumacher was a VicePresident in the Private Placement Department atManufacturers Hanover Trust Company.
Mark Wiseman, Senior VicePresident, Private Investments,CPP INVESTMENT BOARDMark is responsible for the PrivateInvestments department at the CPPInvestment Board, leading private equity,
infrastructure, and private debt investments for the CPPportfolio. Prior to joining the CPP Investment Board inJune 2005, Mark led the private equity fund and co-investment program at the Ontario Teachers' PensionPlan. He was also vice-president at the private equityfirm Harrowston Inc.
Erol UzumeriSenior Vice PresidentTEACHERS’ PRIVATE CAPITALErol manages Teachers’ Private Capital,the $15 billion private equity and venture
capital division of the Ontario Teachers’ Pension Plan.Erol joined Teachers’ in 2003, and prior to assuming hiscurrent role he was responsible for international private
equity at Teachers’. Prior to joining Teachers’, Erol wasVice-President of CVC International in London, Englandwhere he evaluated, structured and executed a numberof private equity investments.
Rahul Bhasin, Managing PartnerBARING PRIVATE EQUITYPARTNERS INDIARahul Bhasin is the Managing Partner ofBaring Private Equity Partners India and aSenior Partner of Baring Private Equity
Partners (BPEP) International. Rahul serves on theboards of various companies funded by Barings in India.Prior to Barings, Rahul was involved in Global AssetManagement at Citibank as a Fund Manager in London.
12.10 - 13.30
Extended Seated Lunch & Networking Sessionincluding Women In Private Equity Lunch
STRATEGY DRIFT & INVESTMENT FOCUS
14.00 - 14.45
How Private Equity Fits Into The Portfolio& Expectations Going ForwardModerator:
Melissa MaCo-Founder & Managing PartnerASIA ALTERNATIVESMANAGEMENTMelissa J. Ma is a Co-Founder and
Managing Partner of Asia Alternatives. Ms. Ma is on theFirm’s Investment Committee and leads AsiaAlternatives’ investments in buyout and specialsituations funds. In addition, she oversees the investorrelations, market research and back office functions.
Prior to launching Asia Alternatives, Ms. Ma was aDirector at Hellman & Friedman.
Beth StrutzelChief Investment OfficerHILLSPIRE LLCMs. Strutzel is the Chief Investment Officer for Hillspire,LLC a family office located in California. The officeinvests globally across all asset classes with aspecial focus on private equity. Prior to Hillspire, Ms.Strutzel worked at Hewlett Packard in the groupmanaging the pension fund where she hadresponsibilities for private and public equityinvestments.
William Chu, Principal, OAKHILL INVESTMENTMANAGEMENTWilliam Chu is a Principal of Oak HillInvestment Management (“OHIM”) andhas responsibility for private equity
manager selection. He joined OHIM in 2007 from TheRegents of the University of California. Previously,William held a number of private equity and venturecapital positions with CalPERS, State Street Corporation,Axalon Ventures, and Prudential Insurance. He began hisfinance career with Morgan Stanley in New York.
Ming Lee, CEO, SAL.OPPENHEIM (HONG KONG)LIMITEDMs. Lee, Chief Executive Officer of Sal.Oppenheim (Hong Kong) Limited,established the Oppenheim Group’s first
Asian presence in 2007 and is responsible for Asianinvestments in a multi-family office structure. She hasover 20 years of global financial services experience inprivate banking, alternative investment managementand consulting, 13 years of which were in Asia.
14.45 - 15.20
Afternoon Tea & Networking BreakIncluding Speed Networking – the fastest way to pickup 30 business cards in 30 minutes!
FAMILY OFFICE STRATEGY
KNOWLEDGE & NETWORKINGEXCHANGE
Chaired by: Andrew M. Ostrognai
PartnerDEBEVOISE & PLIMPTON LLPAndrew Ostrognai is Chair of Debevoise
& Plimpton's private equity practice in Asia. He is alsoa member of the firm’s Private Equity and Mergers &Acquisitions Groups focusing on private equity fundformation and downstream investment in the Asia-Pacific region.
Fundraising –
What Are LPs Looking
For In GPs?
Philipp GyslerPartner
PARTNERS GROUP
The Asian LP
Perspective On Asset
Allocation & StrategyLay Hong Lee
Managing DirectorEAGLE ASIA PARTNERS
Avoiding The
Sins Of The Past...
How Can LP's Help
GP's To Avoid Making
The Same Mistakes
Again And Again?John Schumacher, CEO
NYL CAPITAL PARTNERS
The Real Risks Of Private Equity In Asia
Compared Globally:Evaluating Volatility At A Country By Country
LevelSteve Cowan
Managing DirectorPCGI
Does Size Kill?
Filling The Fund Size
Gap And The Next
Generation Of SuccessGordon Hargraves
PartnerRHO FUND INVESTORS
16.40 - 17.20
Choose a discussion table, there will be 25 minutes for roundtable discussions followed by 15 minutes panel roundup and informal knowledge exchange
LP Return Expectations & AssetAllocation Strategy
Judith SmithHead of Private
EquityIFM
What Keeps Private Equity
Professionals Awake At Night?
Grant FlemingManaging Director
WILSHIRE PRIVATE
MARKETS
Web www.superreturnasia.com Tel +44 (0) 20 7017 7200 Fax +44 (0) 20 7017 7807 E [email protected] 9
17.20 - 18.45
Superreturn Asia 2009 Cocktail Party
15.20 - 16.40
This extended session will last for 80 minutes. Choose a discussion table, there will be 50 minutes for roundtable discussions followed by 30 minutes panelroundup and informal knowledge exchange
13.30 - 14.00
What Investment Strategies Are LPs Adopting In Today's Marketplace? Are WeUndergoing A Fundamental Change In Approach?
Volkert Doeksen, CEO & Managing Partner, ALPINVEST PARTNERSVolkert is the Managing Partner, Chief Executive Officer, Executive Committee Chairman, and aFounder of AlpInvest Partners. He joined AlpInvest Partners in 2000, which now manages privateequity commitments exceeding €40 billion and has offices in Amsterdam, Hong Kong, New York andLondon. Prior to joining AlpInvest Partners, Volkert was a Partner and Director of Dresdner Kleinwort
Benson (DKB) in New York, where he led a team that sourced and executed private equity transactions for DKB's$3 billion private equity portfolio and expanded investment activities into Central and Eastern Europe and Mexico.
EUROPEAN LP PERSPECTIVE
Winners & Losers –
Who Loses Least InChallenging Times?David Krasnostein
Head of MLC Private Equity
MLC INVESTMENTMANAGEMENT
LP’s
KN2212SRA08br:GAIM Asia 14/5/09 16:15 Page 10
Web www.superreturnasia.com Tel +44 (0) 20 7017 7200 Fax +44 (0) 20 7017 7807 E [email protected]
Main Conference Day 2Wednesday 23 September 2009
DAY2
10
DEALS & VALUATIONS: ADDING VALUE
Chaired by:David Lee, Co-FounderCLARITY CHINA PARTNERS L.PSee page 2 for biographical details
15.20 - 16.00
Understanding Deal Flow & VolumeAcross The Region On A Country ByCountry Basis – Where Are The BestPriced Deals To Be Found?Speaker tbc
16.00 - 16.40
Valuations – Analysing Opportunities;Valuations & Future Deal Flow: How WillThe 2009-10 Vintage Compare To 2006-8And What Can The Industry Learn GoingForward?
Emmett ThomasPartner, Head of AsiaADVANTAGE PARTNERSEmmett Thomas is the Head of Asia forAdvantage Partners, having joined the
firm in 2007. He has been involved with the PrivateEquity industry for more than 10 years, as both aninvestor and an advisor. Prior to his current role, he wasthe Asia President for Monitor Group, and directly ledthe Private Equity Advisory Practice.
Jason ShinCo-FounderVOGO FUNDMr. Jason Shin is one of the threefounders and managing partners of Vogo
Fund, a Korean-dedicated buyout fund managing $650million. Mr. Shin brings extensive experience to thepartnership as one of Korea’s leading M&A bankersduring his years at Morgan Stanley and Credit SuisseFirst Boston. Prior to founding of Vogo Fund, Mr. Shinwas a managing director and the head of MorganStanley’s Korea investment banking group and iscredited with execution of many of Korea’s landmarkM&A transactions that total over US$15 billion.
Michael LukinDivision Director,Funds of PE FundsMACQUARIE FUNDS GROUPMichael Lukin is a Division Director in
MFG’s Sydney office and Head of the MFGPE team.Michael is responsible for the management of theMFGPE business, including chairing the MFGPESenior Partners Committee, having lead responsibilityon a number of MFGPE advisory accounts and overallresponsibility for MFGPE’s investment activities inAustralia. He has 12 years of private equityinvestment experience. Before joining MFG, Michaelspent over three years as an asset consultant withTowers Perrin, providing advice on investmentmatters and manager selection to superannuationfunds and master trust clients.
16.40 - 17.20
Adding Value Without A Tail-Wind: HowCan GPs Actively Work With PortfolioCompanies To Build Successful BusinessesIn Asia And Globally?
Peter Amour, CEO, AIF CAPITALMr. Amour has worked with AIF Capitalsince 1998 and became Chief ExecutiveOfficer in 2003. He has resided in HongKong since 1985 and has over 20 years of
private equity investment, finance and industry experiencein Asia. He was a director of the investment banking armof Standard Chartered Bank prior to joining CP Group, oneof Asia’s largest Chinese business groups, where he wasthe Vice President of Finance covering a wide range ofbusinesses.
John-Paul Ho, PartnerCRIMSON INVESTMENTSJohn-Paul Ho is a recognized leader inhelping companies globalize and buildworld-class capabilities between the U.S.
and Asia Pacific region. Prior to founding Crimson in 1993,Mr. Ho was the Head of M&A for Credit Suisse FirstBoston in Asia ex-Japan, and also worked in the M&Adepartment at Goldman Sachs in the U.S.
Peter P.J. Ko, Senior ManagingDirector, H&Q ASIA PACIFICMr. Peter P.J. Ko is a Senior ManagingDirector of H&Q Asia Pacific and a JointRepresentative Director of H&Q AP Korea.
Mr. Ko started H&Q Asia Pacific's privateequity operations in Korea and is also one of the seniorexecutives in H&Q Asia Pacific, serving in various H&QAsia Pacific’s committees, including the InvestmentCommittee of all regional funds and H&Q-NPS PEF I and II.Since establishing the Korea office in July 1998, Mr. Ko hasled all the investments in Korea, including Good MorningSecurities which he exited successfully in 2002.
Jeff Yao, Managing PartnerPRAX CAPITALIn 2003, Mr. Yao, along with his two co-founding partners, established the privateequity fund Prax Capital. Since then, hehas led the team in making various well-
known investments in China, including Suntech Power,Tianneng Battery, Little Sheep Hot Pot Restaurant chain,China Sunergy, HT Blade, Kelti China (owner of the Chlitinabeauty salon chain) and Shandong Blue Horizon HotelGroup etc. Prior to joining Prax, Mr. Yao was a Director andExecutive VP of Texpack Group.
17.20 - 18.45
Superreturn Asia 2009 Cocktail Party
COUNTRY CLINICS & SUCCESSFULENTRY STRATEGIES
15.20 - 16.00
China Country Clinic: The Myths & Realities Of Doing BusinessIn China: Cultural Behaviour; Valuations;Deal Flow & ExitsModerator: Xiaoyang Yu, Founding PartnerCHINA NEW ENTERPRISE INVESTMENTSee page 2 for biographical details
Vincent ChanCEO & Co-FounderSPRING CAPITAL ASIAPrior to founding Spring Capital, Vincentwas MD and IC Member of JAFCO Asia
from 2000–07. He was named one of the “China BestVenture Capitalists” by Forbes Magazine in 2006, 2007and 2008. He is the President of HKVCA (Chairman2005/06) and a member of Listing Committee of HKEX.
Frank TangCEOFOUNTAINVEST PARTNERSSee page 9 for biographical details
Doug Coulter, Head of PrivateEquity, Asia PacificLGT CAPITAL PARTNERSSee page 2 for biographical details
Duane KuangFounder & Managing DirectorQIMING VENTURE PARTNERSDuane has close to 20 years of ITindustry operational and investment
experience. Prior to founding Qiming, Duane was theDirector of Intel Capital China. During his 6 year tenureat Intel Capital, Duane was in charge of all of IntelCapital's investment activities in China. Prior to IntelCapital, Duane spent over 5 years at Cisco Systems inChina, holding various senior management positions inthe sales and marketing organizations.
16.00 - 16.40
India Country Clinic:Managing Minority Deals & CulturalChallenges Specific To Indian PrivateEquity - Where Are The Opportunities ToBe Found & Is It Just A Land Of PIPEDreams?Moderator:
Pavan GupteDeputy Managing DirectorGARTMORE PRIVATE EQUITYPavan joined Gartmore as InvestmentDirector in 2003. He focuses on fundinvestments and direct co-investments,
sourcing deals and conducting due diligence, as well ason investment strategy. He has specific responsibilityfor buyouts and expansion capital investments in Asiaand Europe. As a senior member of the InvestmentCommittee, Pavan plays a pivotal role in the team’sinvestment selection and portfolio constructionprocess. As part of the Investment StrategyCommittee, his input helps determine the futuredirection of the team’s strategy.
Rahul BhasinManaging PartnerBARING PRIVATE EQUITY PARTNERSINDIASee page 9 for biographical details
Praneet SinghManaging DirectorSIGULER GUFF INDIAADVISERSPraneet’s career has a unique mix of
operations, marketing and consulting experience.Before joining Siguler Guff’s India office in Mumbai inSeptember last year, Praneet was heading the $325million domestic operations of India’s fourth largestpharmaceutical company - Piramal Healthcare Limited.Before that, he worked for more than seven years inthe Mumbai, Delhi, Boston and Santiago offices ofMcKinsey & Company, focusing on operations,marketing and strategy.
Amit ChandraManaging DirectorBAIN CAPITAL ADVISORS(INDIA)Amit Chandra is responsible for the firm's
India initiative. Amit has previously served as ManagingDirector, Board Member & Head of Global Markets &Investment Banking at DSP Merrill Lynch, India'sleading investment bank. Amit is active in India's not forprofit space and serves as a Trustee/Board Member ofThe Akanksha Foundation (providing education to lesspriveleged children), GiveIndia (India's leadingphilantrophic exchange), and Credibility Alliance(working towards uplifting standards of NGOs).
16.40 - 17.20
Vietnam Country Clinic: Has The Bubble Burst? Has VietnamAlready Reached Its Full Potential –Where Are The Next Wave OfOpportunities To Be Found?
Henry NguyenManaging General PartnerIDG VENTURES VIETNAMSee page 8 for biographical details
Chris FreundManaging PartnerMEKONG CAPITALMr. Chris Freund is the founder and Managing Partner of Mekong Capital. As the Managing Partner, Chris is
accountable that Mekong Capital works effectively asan organization, and that each of the team membersare empowered to achieve extraordinary results and tofulfill our commitment that Mekong Capital achievesconsistently excellent investment returns as a privateequity investor in Vietnam. Chris Freund is a member ofMekong Capital's internal Management Committee.Prior to forming Mekong Capital in 2001, Chris Freundwas a Vice President and Portfolio Manager withTempleton Asset Management, Ltd.
17.20 - 18.45
Superreturn Asia 2009 Cocktail PartySponsored by:
Main Conference Day 3Thursday 24 September 2009
DAY3
LP ONLY BREAKFAST - (07.45 - 09.20)
Open to LPs only. The LP breakfast will include facilitated roundtable discussions focused on China, India, Japan and Korea as well as networking amongst LPs.Open to pre-registered LPs only. To confirm your place (subject to verification), please contact: [email protected]
Sponsored by:
09.00
Welcome & Coffee
09.20
Chairman’s Opening Address
Philip BildenManaging DirectorHARBOURVEST PARTNERS (ASIA)
For years I have attended the
SuperReturn conference in Europe as
the pre-eminent gathering in Europe, it is
great to see a conference of this stature in
Asia now
Jean Eric Salata, Baring Private Equity Asia
““
KN2212SRA08br:GAIM Asia 15/5/09 15:40 Page 11
Web www.superreturnasia.com Tel +44 (0) 20 7017 7200 Fax +44 (0) 20 7017 7807 E [email protected] 11
Main Conference Day 3Thursday 24 September 2009
DAY3
09.30 - 10.30
End Of The LBO? What Strategies Are
Buyout Firms Adopting In A Credit-Poor
Environment? Where Are Capital
Deployment Opportunities To Be Found?
Moderator: Nicholas Bloy, Co-Founder &Managing PartnerNAVIS CAPITAL PARTNERSNicholas Bloy is one of the three foundersof Navis Capital Partners. At Navis, Mr.
Bloy leads investment teams in making, monitoring andexiting investments, sits on Navis InvestmentCommittee, sits on the boards and/or executivecommittees of several Navis portfolio companies, and isresponsible for fundraising. Mr. Bloy is also a Non-Executive Director of Malaysia’s largest investmentbank, CIMB. Prior to co-founding Navis, Mr. Bloy waswith The Boston Consulting Group.
John Ehara, PartnerUNISON CAPITALNobuyoshi John Ehara co-founded UnisonCapital in 1998. Mr. Ehara hasspearheaded the firm since its inception,building its team and operations. He was
instrumental in establishing the Private EquityAssociation of Japan and became its first Chairman in2005. Prior to founding Unison Capital, Mr. Ehara spentsixteen years as an investment banker at GoldmanSachs, building its franchise in Japan. In 1988, hebecame the first Japanese manager to be selectedGeneral Partner of Goldman Sachs.
John Zhao, CEOHONY CAPITALMr. Zhao is the Chief Executive Officer ofHony Capital, a private equity investmentcompany. He also serves as VicePresident of Legend Holdings Limited,
the investment holding company of Lenovo Group(HK.992). Prior to Hony Capital and Legend Holdings,Mr. Zhao held various senior management positions in a
number of investment and technology companies in USincluding Managing Partner at eGarden Ventures,Chairman and CEO of Infolio Inc. and Vadem Inc., VPand GM at US Robotics Inc. and R&D Director at ShureBrothers, Inc..
Thomas M. Britt III, PartnerDEBEVOISE & PLIMPTON LLPThomas Britt is a member of Debevoise& Plimpton's Securities, Mergers &Acquisitions and Private Equity Groups.His practice focuses on international
M&A and capital markets transactions as well as privateequity financings for companies throughout Asia.
X.D Yang, Managing DirectorCARLYLE GROUPXiang-Dong (X.D.) Yang has beenManaging Director and Co-Head of CarlyleAsia Partners ("CAP") since 2001. CAP hasbeen investing in Asia for over a decade
and is one of the largest private equity investors in Asia.Prior to joining Carlyle, Mr. Yang spent nine years at
Goldman Sachs, where he was a Managing Director,Co-Head of Goldman's private equity investment armfor Asia ex-Japan and a member of its AsiaManagement Committee.
Ming LuPartnerKOHLBERG KRAVIS &ROBERTSMing Lu joined KKR in 2006 and during
that time has been directly involved with theinvestments in BIS Cleanaway, MMI and UnisteelTechnology. Mr. Lu currently sits on the board ofdirectors of BIS Industries, MMI and UnisteelTechnology. He was previously a Partner at CCMPCapital Asia (formerly JP Morgan Partners Asia). Prior tojoining JPMP Asia in 1999, Mr. Lu worked for LucasVarity, Kraft Foods International and CITIC in varioussenior management roles.
FOCUS ON BUYOUTS
10.15 - 11.00
Overcoming The Challenges Of Managing
Minority Positions In A Downturn
Environment – How Do GPs Work With
Portfolio Companies To Manage
Expectations, Add Value & Exit?
Moderator: Chihtsung LamManaging DirectorAXIOM ASIA PRIVATE CAPITALChihtsung Lam is founder and ManagingDirector of Axiom Asia Private Capital, anAsia focused private equity fund of funds
management firm with over $1.2 billion undermanagement. Prior to founding Axiom, Chihtsung Lamwas Executive Vice President at GIC SpecialInvestments, one of the world’s largest and most
reputable private equity investors. He was a member ofits global Investment Committee and ManagementCommittee. He was formerly head of the GlobalTechnology Group, responsible for all VC fund and directinvestments in the U.S., Asia and Europe.
Jean Eric SalataFounding Partner & CEOBARING PRIVATE EQUITY ASIAMr. Salata has been responsible for theinvestment activity of Baring Asia since1997 when he established the regional
Asian private equity investment program for ING’sBaring Private Equity Partners Ltd. Mr. Salata later led abuyout of Baring Asia from ING in 2000 to establishBaring Asia as an independent firm. Before that, Mr.Salata was a Director of Hong Kong based AIGInvestment Corporation (Asia) Ltd., the Asian privateequity investment arm of AIG.
Chin Chou, CEO & Managing DirectorMORGAN STANLEY PRIVATEEQUITY ASIAH. Chin Chou is the Chief Executive
Officer of MSPE Asia and a Managing Director ofMorgan Stanley. He is based in Hong Kong. Mr. Choujoined Morgan Stanley in 1987 in New York and hasspent 19 years at Morgan Stanley, with the past 15years in Asia.
Andrew Yan, Managing PartnerSAIF PARTNERSMr Andrew Yan is the Managing Partnerof SAIF Partners. Mr. Yan was voted bythe China Venture Capital Association as“The Venture Investor of the Year” in both
2004 and 2007; He had also been selected as one ofthe “Fifty Finest Private Equity Investors” in the World”by the Private Equity International in 2007.
11.00 - 11.45
Morning Coffee & Networking Break
Including Structured LP/GP Speed Networking -
The Fastest Way To Pick Up 30 BusinessCards In 30 Minutes And Make Vital Connections& Contacts For Investment
FOCUS ON GROWTH
11.45 - 12.30
How Has Financing In Asia Adapted And
What Structures Will Remain Strong
Going Forward?
Moderator: Philip BildenManaging DirectorHARBOURVEST PARTNERS(ASIA)Philip Bilden joined HarbourVest in Bostonin 1991 and relocated to Hong Kong in
1996 to establish the Firm's Asian subsidiary. Hemanages HarbourVest Partners (Asia) Limited which
supports HarbourVest's investment and client serviceactivities in the Asia Pacific region and other non-U.S.markets. Philip previously evaluated private equityinvestments with Horizon Partners and Arthur Young &Company's Corporate Development Group.
Robert ApplebyCo-Founder & CIOADM CAPITALBefore joining ADM Capital, Robert was aManaging Director in the Asian FixedIncome Division at Credit Agricole
Indosuez. Prior to that, Robert spent 13 years atLehman Brothers. Starting in the debt division inLondon he went on to Singapore to run its ASEANFixed Income, Derivative and Foreign Exchangebusinesses.
Wilbur Ross, Chairman & CEOWL ROSS & COWilbur Ross, CEO of WL Ross & Co. LLC,may be one of the best known privateequity investors in the U.S. His privateequity funds bought Bethlehem Steel and
several other bankrupt producers and revitalized theminto the largest U.S. producer before merging them intoMittal Steel for $4.5 billion. Mr. Ross was ExecutiveManaging Director of Rothschild Inc. for 24 years beforeacquiring that firm’s private equity partnerships in 2000.President Kim Dae Jung awarded him a medal for hisassistance in Korea’s financial crisis, President Clintonappointed him to the Board of the U.S.-RussiaInvestment Fund and he served as Privatization Advisorto New York City Mayor Rudy Giuliani. China Institutehas presented him with its Blue Cloud Award.
Liang MengManaging DirectorD. E. SHAW & CO., L.P.Liang (Leon) Meng is a Managing Directorof D.E. Shaw & Co., L.P. and the CEO ofthe D.E. Shaw Group's Greater China
private equity unity. Prior to joining the D.E. Shaw group in2007, Mr Meng was a Managing Director of JP MorganSecurities (Asia Pacific) Limited and co-head of that firm'sChina investment banking activities.
Peter WiggsManaging PartnerARCHER CAPITALSee page 7 for biographical details
FINANCING IN ASIA
12.30 - 13.30
China: Sustainable Recovery Or False Dawn?
Jing Ulrich, Managing Director & Chairman China Equities, J.P MORGANJing Ulrich joined J.P. Morgan in 2005 as Managing Director and Chairman of China Equities. She isleading the expansion of J.P. Morgan’s China equity business both within China and worldwide. Jing isone of the most prominent advisors to the world’s largest asset management companies, pension andsovereign wealth funds. She also serves frequently as an advisor to Chinese institutions seeking to investoverseas. Jing has received numerous industry accolades for her work as a China watcher. In 2008, shewas named to Forbes magazine’s list of the 100 Most Powerful Women in the World.
13.30 - 14.30
Seated Lunch Break
EXTENDED SPECIAL GUEST PERSPECTIVE
14.30 - 15.15
LP Panel: Grant FlemingManaging DirectorWILSHIRE PRIVATE MARKETSDr Fleming is Managing Director, WilshirePrivate Markets, and heads Wilshire’s
Asia-Pacific office in Tokyo, Japan. Dr Fleming leads thePrivate Markets’ applied research group, and undertakesdue diligence and market research on private equityopportunities in Japan, Asia and Australia. He conductsdue diligence, constructs fund-of-funds portfolios, andsits on advisory boards. Prior to joining Wilshire, DrFleming served nine years at the Australian NationalUniversity teaching and researching economics andfinance, and has held positions at Duke University andthe University of Auckland.
Gordon HargravesPartnerRHO FUND INVESTORSGordon Hargraves has been activelyinvesting private equity since 1993. He is
a Partner with Rho Fund Investors ("RFI") and hasoverall responsibility for its activities. RFI is thedivision of Rho Capital Partners that commits toventure capital and other specialized private equityfunds whose strategies afford unique advantages,such as domain expertise, operational expertise orfocus on a particularly attractive sector. Prior to joiningRho in 1999, Gordon was responsible for developingand managing the private equity program at theNational Bank of Kuwait in New York.
SuperReturn Asia brings a new exciting feature toprivate equity in Asia. The delegate quick-fireshowcase gives you, as the delegate, theopportunity to talk about your fund for 2 minutesto LPs and GPs. The purpose is to focus onwhat is interesting and different about yourfund.
The winner will be given a free place atSuperReturn Asia 2010!
How it works:• Sign up for your delegate quick-fire slot.
Places are limited, so first come, firstserved
• Each slot is 3 minutes in total (2 minutesfrom you and time for comments from theLP panel) and there are 6 slots availableeach day
• If you secure a slot it is your responsibility tobe there on time or the timekeeper willimmediately move on to the next fund
• The timekeeper will call your name and fundwhen ready but will not read a biography
What is not permitted:• No Powerpoint or projection• No statistics or hard-core data• No overt comparisons to other funds
To apply contact [email protected]. Open toregistered attendees only.
SUPERRETURN ASIA 2009 DELEGATE QUICK- FIRE SHOWCASEYour chance to speak about your fund and be judged by a LP panel or listen to others in an informal environment
KN2212SRA08br:GAIM Asia 14/5/09 16:16 Page 12
Main Conference Day 3Thursday 24 September 2009
DAY3
Web www.superreturnasia.com Tel +44 (0) 20 7017 7200 Fax +44 (0) 20 7017 7807 E [email protected]
Peter P.J. KoSenior Managing Director
H&Q ASIA PACIFIC
Praneet SinghManaging Director
SIGULER GUFF INDIA ADVISERS
Laure WangCo-Founder & Managing Director
ASIA ALTERNATIVES MANAGEMENT
Emmett ThomasPartner, Head of Asia
ADVANTAGE PARTNERS
16.45
End of SuperReturn Asia 2009
PRACTICAL EXPERIENCES STRATEGY LABS - (15.15 - 16.45)
The ideal opportunity to delve more deeply into the intricacies of each market. This extended session will consist of 4 country focused discussion tables led by an expert speaker from each market.
30 Minutes – Discussion Tables20 Minutes – Feedback From Each Group
20 Minutes – Panel Reflections20 Minutes – Refreshments & Networking
NETWORKING
New Generation “Spotme” Meeting Planner &
Networking Device For All Attendees
The only private equity & venture capital conference in Asia to provide you withthe technology to arrange meetings on-site and facilitate networking with allattendees.
Speed Networking Sessions
A fantastic success in 2008 and the fastest way to pick up 30 business cards in30 minutes. We will also have a new specific LP-GP speed networking session aswell as a general one.
Quick Fire Showcase
A unique opportunity for GPs to talk about their fund in front of leading LPs and GPs - see page 11 fordetails.
"SuperReturn Asia provides good opportunities for emerging GPs to discuss and seek
advice from LPs. I really like the Quick Fire Showcase sessions, which exactly match the
smaller GPs' needs"
Vincent Chan, Spring Capital Asia
LP Roundtables
Connect with key LPs in a more informal discussion format
Meet & Learn From 50 Top LP Speakers Including
� Nippon Life Insurance � Oak Hill Investment Management � OPIC � PSP Investments � QIC
� Rho Fund Investors � Sony Life Insurance � Alberta Investment Management Corp
� AlpInvest Partners � Alternative Investment Capital Limited � ARIA � Asian Development Bank
� British Columbia Investment Management Corporation � CDC Group � Hillspire LLC
� Cornell University - Office of University Investments � CPP Investment Board � IFC � IFM
� Squadron Capital � Stanford Management Company �Teachers' Private Capital
� State of Oregon � Office of the State Treasurer � Sumitomo Trust & Banking Company
� Sal Oppenheim (Hong Kong) Limited
Meet & Learn From The Top GP Speakers Including:
� Legend Capital � MBK Partners � CX Partners � D.E Shaw & Co � FountainVest Partners
� Hony Capital � IDG Asia � Navis Capital Partners � Pacific Equity Partners � SAIF Partners
� Saratoga Capital � Matrix Partners China � Unison Capital �Vogo Fund �WI Harper Group
�WL Ross & Co � Mekong Capital � ADM Capital �TPG Capital � Clarity China Partners L.P.
� Baring Private Equity Asia � Advantage Partners � Affinity Equity Partners � AIF Capital
� Capital Today Group � Carlyle Group � CDH Investments � Champ Private Equity � KKR
� ChrysCapital � China New Enterprise Investment � Clearwater Capital Partners
� CMIA Capital Partners � CSV Capital Partners � Avenue Asia Strategy
COMPREHENSIVE PROGRAMMECOVERING THE WHOLE REGION
Country ClinicsCountry Clinics to delve into the nuances of each specific market. Just some of the country-focusedspeakers include:
CHRYSCAPITAL; AVIGO CAPITAL; BARING PRIVATE EQUITY PARTNERS INDIA
FOUNTAINVEST PARTNERS; CNEI; SPRING CAPITAL ASIA;
CMIA CAPITAL PARTNERS
MEKONG CAPITAL; IDG VENTURES VIETNAM
ARCHER CAPITAL; PEP; IRONBRIDGE CAPITAL
SARATOGA CAPITAL; LOMBARD INVESTMENTS;
LEOPARD CAPITAL; VOGO FUND
ADVANTAGE PARTNERS; OLYMPUS CAPITAL; NIPPON LIFE INSURANCE
New LP/GP Relations Summit - 21st September
This topic is top of the headlines, so we have dedicated a day to discussing the current areas ofconcern and outlook for the future, hear from top LPs such as Stanford Management, Sony Life
Insurance, British Columbia Investment Management & Harbourvest Partners to name a few.
4 Outstanding Special Guest SpeakersBringing you new ideas and thinking from outside the industry
Veterans Taskforce
Compare and contrast the current day with the 1998 crisis from the people who were there!
Interactive PollingThe real-time views of the audience are polled and commented on by our high-profile panels. No otherprivate equity event in Asia offers you such an interactive real-time experience and insight into theprivate equity marketplace.
Networking & Knowledge ExchangeYou told us you want to delve more deeply into the intricacies of the hottest topics in small groups. Thisextended session will consist of discussion tables led by an expert speaker and time for feedback andnetworking for the whole group.
Jing Ulrich
MD & Chairman China EquitiesJ.P MORGAN
Andy Xie Economist
(Head of MorganStanley’s Asia/Pacific
Economics Team)
Ronnie C. Chan
ChairmanHANG
LUNG PROPERTIES
LIMITED
Clyde Prestowitz
Founder & PresidentECONOMIC
STRATEGY
INSTITUTE
Your SuperReturn Asia 2009 ExperienceSuperReturn Asia is the only private equity & venture capital conference in Asia that ticks all the boxes. Here is a selection of how this one conference can provide you with all you need andput you in front of the all the people you need in less than one week – all in one place:
KN2212SRA08br:GAIM Asia 14/5/09 16:16 Page 13
Co-Sponsors:
AIF Capital (www.aifcapital.com) is one of the largest Asia-based independent private equity firms. Since itsestablishment in 1994, AIF Capital has received investorcommitments for its funds in excess of US$1.5 billion andinvested in 31 companies in nine countries across Asia. Thefirm, with 20 investment professionals across Hong Kong,China and India, oversees a diversified, pan-Asian portfolioof investments, providing capital for expansion, buy-outsand recapitalization.
From its inception, Ant Capital has been one of the fastest-growing buyout firms in Japan, focusing on the untappedopportunities in colossal pool of small-cap companies. Inour efforts to further pursue excellence and heighten ourpractice, with the whole Japanese private equity universe inour view, we have continued to add and enhance new linesof business, including venture capital as well as secondaryinvestments . Now, we have established our position asone of the most solid private equity firms based in Tokyo,with assets under management of approximately USD1.3billion (as of December 2008).
Asia Alternatives, founded in 2006, is a solution platformdedicated to helping institutional investors makeinvestments in private equity across Asia. The Firm iscurrently investing Asia Alternatives Capital Partners, LP($515 million) and Asia Alternatives Capital Partners II, LP($950 million), Hong Kong-based and Asia-focused privateequity funds-of-funds. Asia Alternatives invests with topperforming private equity fund managers across Asiaprimarily in Greater China (Mainland China, Taiwan, andHong Kong), Japan, Korea, South East Asia, India andAustralia and is diversified across buyout, growth andexpansion, venture capital and special situations funds. Thefirm currently has over 20 professionals in offices acrossHong Kong, Beijing and San Francisco. For moreinformation, go to HYPERLINK"http://www.asiaalternatives.com/"www.asiaalternatives.com.
Axiom Asia Private Capital is a private equity investmentfund of funds Management Company focused on investingin the Asia Pacific region. The firm manages Axiom AsiaPrivate Capital Fund I & II and has over US$1.2 billion undermanagement.Axiom Asia’s investor base comprise endowments,foundations, family offices, pensions, financial institutionsfrom the US, Europe, Middle East and Asia. Axiom Asia Private Capital250 North Bridge Road #11-02 Raffles City TowerSingapore 179101 Republic of SingaporeMain: +65 63368886 Website: axiomasia.com
Capital IQ, a division of Standard & Poor's, provides high-impact information and workflow solutions to over 2,700leading financial institutions, advisory firms, andcorporations. Its solutions are based on the Capital IQPlatform, a unique combination of global private and publiccapital market data and technology that enables end-usersto draw deep market insights, generate better ideas,leverage relationships, and simplify workflow. Clients candeploy the Capital IQ Platform either as a standalonesolution or seamlessly integrate its components into
existing business applications and portals via systemsintegration and data feeds. For more information, pleasevisit Capital IQ's web site at www.capitaliq.com.
Clarity China is a private equity firm focused on investmentopportunities in the greater China region, primarily inbusinesses that capitalize on the rapidly growing domesticconsumer market in China. The Fund seeks growth-stageto mature companies with proven business models, astable revenue base and defensible market positions. Withoffices in Beijing, Shanghai and Los Angeles, Clarity Chinahas assembled a unique team of principals, advisors andprofessionals who have a wide range of financing andoperating experience, and extensive relationships withgovernment and industry leaders across China.
CMIA Capital Partners ("CMIA") is aprivate equity firm focused on Mid-Market, Growth Capital investmentopportunities in China. Established in2003, CMIA is led by a broad andexperienced investment partnershipwith offices in Shanghai, Chongqing,
Hong Kong and Singapore. CMIA seeks to achieve superreturns for investors by emphasizing a disciplined and robustinvestment process that leverages the broad business andinvestment skills and experiences of its partners. CMIA alsoemphasizes a close working relationship with and seeks tobe a value-added investor for portfolio companies. CMIAhas a good network of government and business contacts inChina and has led about US$1 billion in private equityinvestments in China to-date.
For more information on CMIA, please visit our website atwww.cmia.com <http://www.cmia.com/>
or contact our offices at (86) 21-6141-5788 or (65) 6236-1288.
CSV CapitalPartners is aChina-focusedprivate equity firmtargeting early-
stage growth capital investment opportunities. CSV aims toachieve superior risk-adjusted returns by identifying andsupporting promising entrepreneurial teams pursuingmarket leadership in large or fast-growing market sectors.Founded in 2004 by an experienced team of investmentand operating professionals, CSV has completed 16 privateequity investments across a range of industries includingmedia, Internet, recycling, consumer services, outsourcing,wireless, and medical devices. CSV has a team of 13investment professionals based in Shanghai (headquarters),Beijing, Chengdu, and Shandong. For more information, please visit our website atwww.csvcp.com.
DCM is an early stage venture capitalfirm supporting entrepreneurs buildingworld-class technology companies. Thefirm manages US$1.6 billion and hasfunded leading companies, including2Wire, 51job (Nasdaq: JOBS), @Motion(Openwave), About.com (The New York
Times Co.), All About (Jasdaq: 2454), Arroyo (Cisco),Clearwire (Nasdaq: CLWR), Dang Dang, eDreams (TA),Foundry Networks (Nasdaq: FDRY), HireRight (Nasdaq:HIRE), Internap (Nasdaq: INAP), IPivot (Intel), JCI (Nasdaq
Japan - Hercules: 9424), Neopath Networks (Cisco), NeutralTandem (Nasdaq: TNDM), nQuire (Siebel), PGP Corporation,Recourse Technologies (Symantec), RockYou, Sigmatel(Nasdaq: SGTL), SMIC (NYSE: SMI), Sling Media (EchoStar),VanceInfo (NYSE: VIT) and Vimicro (Nasdaq: VIMC). Withoffices in Silicon Valley, Beijing and Tokyo, DCM provideshands-on operational guidance and an extensive network ofglobal resources. www.dcm.com
Denning & Company LLC is a FINRA registered globalprivate equity advisory firm headquartered in SanFrancisco, California. Founded in 2001, Denning &Company, LLC serves the private equity fundraisingneeds of both veteran General Partners seeking only tobroaden their L.P. base as well as the next generation ofPrivate Equity Managers, requiring a more elaboratefundraising effort. With over 70 years of combinedindustry experience, the Denning and Company teamhas raised capital in excess of $8 billion for GeneralPartners based in the U.S., Japan/Asia, UK/Europe,Russia, and Israel from a Limited Partner base similarlydiversified.
FLAG Capital Management, LLC wasfounded in 1994 to provide qualifiedinvestors the opportunity to invest indiversified fund-of-funds portfolioscomprised of high quality privateasset managers. FLAG commits togeneral partners worldwide through
four different fund strategies: U.S. Venture Capital; U.S.Private Equity; Non-U.S. Venture Capital and Private Equity;and Global Real Assets. FLAG seeks to maximize returnsthrough the disciplined selection of funds while also servingas a valuable resource to investors, advisors and fundmanagers. The firm manages approximately 125 portfoliofund manager commitments and $4.2 billion of clientassets. FLAG has a staff of over 40 professionals andmaintains offices in Stamford, Connecticut and Boston,Massachusetts. For more information, please visitwww.flagcapital.com.
FountainVest China Growth Fund was founded in 2007and managed by an experienced native Chinese InvestmentTeam. It is one of the largest China-dedicated countryprivate equity funds.FountainVest focuses on providing growth capital to backemerging enterprises which have potential to becomeleaders in their respective sectors in China.
Guernsey is the premierEuropean domicile forprivate equity funds.The Island has aninfrastructure and
expertise that is particularly conducive to conducting suchbusiness: experienced fund managers, administrators andcustodians; pragmatic regulation; fast track capability;modern legislation; competitive tax environment; bespokeIT solutions; accounting services; and legal expertise.In addition, Guernsey offers access not just to its very ownChannel Islands Stock Exchange (CISX) but also the LondonStock Exchange (LSE), its Alternative Investment Market
(AIM) and Euronext Amsterdam.It is little wonder that Bridget Barker, Macfarlanes, London,has described Guernsey as “the jurisdiction of choice forprivate equity.”
MBK Partners isone of the leadingindependentprivate equity
firms in the Asia-Pacific region, with over US$3 billion incapital under management. With a dedicated focus onNorth Asia - Korea, Japan and Greater China (China, Taiwanand Hong Kong) – MBK Partners’ strategy is to do buyoutsor control acquisitions. Our investment teams are locatedin Seoul, Tokyo, Shanghai and Hong Kong and arecomposed of local professionals with strong local relationships and market knowledge.
Mekong Capital is aVietnam-focused PrivateEquity firm, focusing ongrowth equity in
Vietnamese companies. Mekong Capital has 3 existingfunds under management and more than 20 completedPrivate Equity investments since its establishment in 2001. Mekong Capital is committed to producing extraordinarylong-term returns for its funds, and being the mostconsistently successful private equity investor in Vietnam.Mekong Capital works closely with its investee companiesto develop extraordinary management, leadership, andcorporate cultures, which is the foundation for sustainablegrowth in those companies.
Pacific Equity Partners (PEP) isAustralasia’s most active privateequity firm, providing strategicmanagement experience and
capital resources to grow companies in a range of businesssituations. Our focus is Australian and New Zealandcompanies, often with attractive overseas growthopportunities. Established in 1998, the firm has made 20 portfolio companyacquisitions, over 30 add-on acquisitions at the company leveland manages over A$6B of equity funds. Our 11 portfoliocompanies have combined revenues exceeding A$3B perannum, spanning industries including food, liquor, andtechnology, financial record-keeping and retail trade. The Firmclosed its most recent Fund in March 2008 at a hard cap ofA$4B.PEP has been the recipient of a number of awards in recentyears, including Australian Private Equity Firm of the Year,Asian Firm of the Year and Best LBO Deal of the Year.
Prax Capital,established in 2003, is an independentprivate equity firmdedicated to
managing China-focused investments. Our Chinese andWestern partners form a cohesive team withcomplementary backgrounds and experience in theentrepreneurial, industrial and financial fields in Asia, theAmericas and Europe. We have on average more than 15years of hands-on manufacturing, operational, managerialand investment experience in Greater China. Currently we have approximately USD300 million of assetsunder management in two growth capital funds and one realestate fund.Prax Capital was among 2007 & 2008 Best Private EquityFirms in China by both Zero2IPO and ChinaVenture. Mr. JeffYao, our Partner, was in the list of 2007 & 2008 ForbesChina Best Venture Capitalists.
About Your Sponsors
Sole Legal Sponsor:
Debevoise & Plimpton LLP has been a pioneer in private equityfor over 25 years, crafting innovative solutions for some of thelargest and most complex transactions in the industry.
As the only firm to couple fund formation capacity in Asia,Europe and the US with an internationally acclaimed private
equity transaction practice, we are uniquely qualified to assist our clients in navigating the complex issues surrounding fundformations, downstream investments and exits.
We have guided clients through many sophisticated privateequity fund formations and investments throughout the Asia-Pacific region, representing sponsors, investors and targetcompanies.
Web www.superreturnasia.com Tel +44 (0) 20 7017 7200 Fax +44 (0) 20 7017 7807 E [email protected] 13
China Summit Day SponsorsCapital Today manages adedicated China countryfund of USD280 million. It
is one of the first independent private equity firms inChina. Founded by Kathy Xu in 2005, Capital Today iscommitted to provide growth capital to small andmedium-sized Chinese companies and helps them buildsustainable businesses and No.1 brands in China.
Capital Today’s investment theme is to captureopportunities with the booming Chinese middle classand their changing life styles.
With 22 employees all based in China, Capital Today hasa focused and disciplined strategy and hands-onapproach. It is dedicated to help the Chineseentrepreneurs build KPI, Culture and No.1 brands (Capital Today's "3 Weapons").
Capital Today has invested twelve companies sinceearly 2006 which include Kung Fu Fast Food Chain,YiFeng Pharmacy Chain, Sinoway Herbal Skin Care, YourMoon Home Textile, JingDong on-line retailer, Zbird on-line diamond retailer.
CMIA Capital Partners ("CMIA") see profile above
Prax Capitalsee profile above
KN2212SRA08br:GAIM Asia 14/5/09 16:16 Page 14
China Summit:
21 September 2009
LP/GP Relations Summit:
21 September 2009
Main Conference:
22-24 September 2009
www.superreturnasia.com
DATES
1st Delegate: NameJob title DepartmentDirect Tel Mobile TelEmail Address Direct Fax
I would like to receive information on future events & services via email. By giving you my email address I am giving ONLY IIR companies permission to contact me by email.
� Yes! I would like to receive info on future events & services via fax
SignatureHd of Dept: Name Job title DepartmentDirect Tel Mobile TelEmail Address Direct Fax
Booking Contact: Name Job title DepartmentDirect Tel Mobile TelEmail Address Direct Fax
Person who will attend if I have to cancel: NameJob title DepartmentDirect Tel Mobile TelEmail Address Direct Fax
2nd Delegate: Name
Job title Department
Direct Tel Mobile Tel
Email Address Direct Fax
I would like to receive information on future events & services via email. By giving you myemail address I am giving ONLY IIR companies permission to contact me by email.
� Yes! I would like to receive info on future events & services via fax
Signature
3rd Delegate: Name
Job title Department
Direct Tel Mobile Tel
Email Address Direct Fax
I would like to receive information on future events & services via email. By giving you myemail address I am giving ONLY IIR companies permission to contact me by email.
� Yes! I would like to receive info on future events & services via fax
Signature
YOUR COMPANY DETAILS
Company Name: Nature of Company’s business:Address:
Postcode:
VENUE DETAILS
JW Marriott, Hong KongPacific Place, 88 QueenswayHong Kong SAR, ChinaTel: + 852 2810 8366 Fax: + 852 2845 0737
Download hotel booking form at www.superreturnasia.com
Please do not cover VIP code
Conference Code: KN2212
Register Now – Five Easy Ways!1. Fax this form on +44 20 7017 7807 2. Post this form to: SuperReturn Asia 09 Conference Administrator, ICBI, 8th Floor, 29 Bressenden Place London SW1E 5DR, UK 3. Telephone us on +44 20 7017 7200 4. Email: [email protected] 5. Via the website: www.superreturnasia.com
Always quote your VIP CODE when registering.
PLEASE SELECT YOUR PACKAGE DATES BOOKING FEE BY17 July 2009 SAVE BOOKING FEE BY
21 August 2009 SAVE BOOKING FEE AFTER21 August 2009 SAVE
4-DAY PACKAGE: Main Conference + China Summit or LP/GP Relations Summit
21 – 24September
2009£2998 £3098 £3198
3-DAY PACKAGE: Main Conference only
22 – 24September
2009£2199 £2299 £2399
1-DAY PACKAGE: China Summit OR LP/GP Relations Summit only
21 September2009 £899 £899 £899
£300
FREE for Pension Funds, Endowments & Foundations (Subject to verification) To apply, please contact: [email protected].
£200
"A must-attend event for anyserious investors in Asia"
Neil Shen, Sequoia Capital China
PAYMENT DETAILS
I will pay by:� Cheque/bankers draft made payable to ICBI for £...............................................� Invoice to be sent to my company� Bank transfer - full details of bank transfer options will be given with your invoice on registration.
Please use this form as our request for payment. Fax and phone bookings should be made with a credit card number, or followed up by a posted registration form. Places are only guaranteed by full payment, which must be received before the conference.
Please debit my Mastercard Visa Eurocard American Express
Card Number
Expiry Date / with the sum of £
Signature
3 digit security code on thereverse of card, 4 digits forAMEX card
CVV Number
CANCELLATION POLICYCANCELLATION POLICY: Should you be unable to attend, a substitute delegate is always welcome at no extracharge. Alternatively, we will make a prompt refund less a service charge of 10% of the fee for cancellationsreceived in writing (letter or facsimile) no later than 21 August 2009. Where notice is given between this dateand 4 September 2009 refunds will be 50% of the fee, thereafter we regret that no refunds can be made.
PERSONAL DATAThe personal information shown on this form, and/or provided by you, will be held on a database and may be shared with other companies in theInforma Group in the UK and internationally. If you do not wish your details to be available to other companies in the Informa Group please contact theDatabase Manager at the above address, Tel +44 (0)20 7017 7077, Fax +44 (0)20 7017 7828 or email: [email protected]. Occasionally yourdetails may be obtained from, or made available to, external companies who wish to communicate with you offers related to your business activities. If you do not wish to receive these offers, please tick the boxIncorrect Mailing: If you are receiving multiple mailings or you would like us to change any details or remove your name from our database, please contact the Database Manager at the above address, Tel +44 (0)20 7017 7077, Fax +44 (0)20 7017 7828 or email: [email protected] - quoting the reference number printed on the mailing label.
Additional Requirements. Please notify ICBI at least one month before the conference date if you haveany additional requirements e.g. wheelchair access, large print etc.
Savings include Multiple Booking & Early Booking Discounts. All discounts can only be applied at the time of registration and discounts cannot be combined. All discounts are subject to approval. Please note the conference feedoes not include travel or hotel accommodation costs. £200 discount for 3rd and subsequent delegates.
£200
£100
£100
O
KN2212SRA BACKREG:Layout 1 14/5/09 16:18 Page 1
SAVE £500 – BOOK BY 12 JUNE 2009 Web: www.superreturnasia.com Email: [email protected] Venue: JW Marriott, Hong Kong Dates: 21-24 September 2009 Please return this form to: SuperReturn Asia 2009 Fax: +44 (0)20 7017 7807 or post to 8th Floor, 29 Bressenden Place, London SW1E 5DR, UK Tel: +44 (0)20 7017 7200 VIP CODE: KN2212EMSPK 15% DISCOUNT please deduct from below fees DELEGATE 1 NAME.............................................................………………………………… ……………. JOBTITLE....……...………………...................................…….DEPT……………………………….……… DIRECT PHONE..………………………………MOBILE NUMBER……………………………………. DIRECT FAX..………………………………………EMAIL……………………………………………… By giving my email address I am giving IIR companies permission to contact me by email about future events and services. DELEGATE 2 NAME.............................................................………………………………… ……………. JOBTITLE....……...………………...................................…….DEPT……………………………….……… DIRECT PHONE..………………………………MOBILE NUMBER……………………………………. DIRECT FAX..………………………………………EMAIL……………………………………………… By giving my email address I am giving IIR companies permission to contact me by email about future events and services. DELEGATE 3 NAME.............................................................………………………………… ……………. JOBTITLE....……...………………...................................…….DEPT……………………………….……… DIRECT PHONE..………………………………MOBILE NUMBER……………………………………. DIRECT FAX..………………………………………EMAIL……………………………………………… By giving my email address I am giving IIR companies permission to contact me by email about future events and services. I REPORT TO......................................................................HIS/HER JOB TITLE.………………..…………………… BOOKING CONTACT……………………………………HIS/HER JOB TITLE.......................................…………… COMPANY..…………………..................................................………………………………………………. ADDRESS......................................................................................................................................…………… COMPANY TEL…............................................……....FAX…………………………………………………
PLEASE SELECT YOUR EARLY BIRD PACKAGE
DATES BOOKING FEE BY
12 June 2009
SAVE
BOOKING FEE BY
17 July 2009
SAVE
BOOKING FEE BY
21 August 2009
SAVE On final
price
4-DAY PACKAGE: Main Conference +
China Summit or Investor Summit
21 – 24 Sep 2009
£2798
£500
£2998
£300
£3098
£200
3-DAY PACKAGE: Main Conference 22 – 24 Sep 2009
£2099
£300
£2199
£200
£2299
£100
1-DAY PACKAGE: China Summit or Investor Summit only
21 Sep 2009
£799
£100
£899
£899
2 MEANS OF PAYMENT Please use this form as our request for payment. Your participation is guaranteed only when full payment has been received. Please tick one:
Please debit my: VISA AMERICAN EXPRESS EUROCARD MASTERCARD
Card number: CVV: Exp Date_____________________ With the sum of £_________________________ Card holder’s name________________________ Signature_______________________________
Please send me an invoice CANCELLATIONS: Should you be unable to attend, a substitute is always welcome at no extra charge. A full refund, less a service charge of 10% is given for cancellations received in writing (letter or fax) four weeks prior to the conference. A 50% refund will be sent for cancellations received two weeks prior to the conference. Regrettably, no refunds can be made for cancellations received less than two weeks prior to the conference but a substitute delegate is always welcome. Conference Code: KN2212