Programme

Thursday 11 February 2010

07:45 Registration and coffee

08:30 Opening address

J-P Fourie, Executive Officer, SAVCA

08:40 Chairman's welcome

Bruce MacRobert, Director, BRAIT

08:50 South Africa - Rising to the challenge; a GP's perspective

Stuart MacKenzie, Partner, ETHOS PRIVATE EQUITY

09:30 Private Equity in Emerging Markets - a global perspective

- How does PE as an asset class fit with investing into emerging markets?
- Where are the hot-beds of investment potential?
- How do investors view South Africa in comparison to similar EMs?
- Early results of EMPEA 2010 survey

Sarah Alexander, President, Emerging Markets Private Equity Association (EMPEA)

09.50 Panel: The local LP perspective to asset allocation

• Current and projected state of fund raising in the local market
• Factors affecting the current and future fund raising
• Asset allocation considerations and changes, if any, in LP’s terms and/or requirements from GP’s

Moderator: Cora Fernandez, CEO, SANLAM; Chair, SAVCA
Gloria Mamba, Head of Private Equity, DBSA
Earl van Zyl, Portfolio Manager, Private Equity Fund-of-Funds FRAIM
Paul Boynton, Head of Alternative Investments, OLD MUTUAL
Claire Busetti, Head: Isibaya Fund, PUBLIC INVESTMENT CORPORATION

10.50 Morning coffee break

11.20 Key impacts of the 2008 Companies Act on private equity transactions

- Focusing on shares, shareholders and fundamental transactions

John Bellew, Partner, WEBBER WENTZEL

11.40 Private Equity: Where to Now?

Brent Baumbusch, Associate Principal, European Private Equity Practice, MCKINSEY & CO.

12:00 Panel: The new dawn - the way forward for private equity deals in South Africa

- Where is future deal flow going to come from (sectors, size, style)? - How will the structures of transactions continue to evolve?
- What skills are required in the private equity firm of the future?
- What best practices will you apply in the future?

Moderator: Bruce MacRobert, Director, BRAIT

Shaun Zagnoev, Partner, ETHOS
Nhlanganiso Mkwanazi, Co-Founder & Director, MEDU CAPITAL
Richard Flett, Co-Founder & Managing Director, HORIZON EQUITY

12.50 Lunch and opportunity to visit the exhibition

13.50 KPMG interactive survey and panel

- Introduction discussing recent KPMG investor survey
- Announcement of pre-conference survey results
- Interactive voting panel

Warren Watkins, Head of Private Equity Africa, KPMG

14.30 An overview of global private equity secondaries

Daniel Green, Investment Director, GREENPARK CAPITAL

15.00 Defining the VC landscape in South Africa

- Is there enough of a VC pipeline in SA?
- Where do deals done originate from?
- What are the key bottlenecks hampering development of the VC industry?

Moderator: J-P Fourie, Executive Officer, SAVCA
Heather Sherwin, Fund Manager, BIO VENTURES
Andrea Böhmert, Co-Managing Partner, HASSO PLATTNER VENTURES AFRICA
Keet van Zyl, Portfolio Manager, HBD
Brett Commaille, Chief Executive Officer, INVENFIN

15.40 Afternoon coffee break

16.00 Panel: Africa - Challenges and Opportunities

- The regulatory challenges faced by South African PE funds and LPs in investing outside of Africa
- Opportunities in Africa - including in agriculture, healthcare, telecommunications, infrastructure and financial services
- Challenges in doing deals in Africa, including legal challenges

Moderator: Roddy McKean, Head of Africa Group, WEBBER WENTZEL
Ralph Keitel, Senior Investment Officer, IFC
Beth Mandel, Partner, CAPITALWORKS
Stuart Bradley, Partner, PHATISA GROUP
Simon Harford, Partner, ACTIS

16.40 Sustainable private equity; how to maximise financial return and deliver quantifiable social and environmental benefits

Moderator: Herta von Stiegel, Executive Chairman, ARIYA CAPITAL
Claire Busetti, Head of Isibaya Fund, PIC
Jeff Kenna, Vice Chairman, CAMCO
Raul Pomares, Vice President, GUGGENHEIM PARTNERS

17.20 Economic Impact of Venture Capital and Private Equity in South Africa 2009 Study

Presentation by Gloria Mamba, Head of Private Equity, DBSA

Followed by 15min panel discussion with GPs:

Warren van der Merwe, Chief Financial Officer, VANTAGE RISK CAPITAL
Martin Poulsen, Chief Private Equity Officer, AFRICAN DEVELOPMENT BANK