Day 1 – Tuesday, 15 May

7:00-8:30 (Foyer) | Registration & Breakfast

7:15-8:25 (Salon III)Brazil Breakfast Briefing: How Fund Managers Are Capitalizing on Opportunities in Brazil

Opening Remarks: Fernando Borges, President, ABVCAP and EMPEA Board Member    Keynote Address: An Overview of Brazil´s Current Macroeconomic Scenario and Perspectives  for Post Elections
  • Monica de Bolle, Senior Fellow, Peterson Institute for International Economics 
Panel: How Fund Managers Are Capitalizing on Opportunities in Brazil
  • What changes have taken place in the private equity landscape following Brazil’s recent recession?
  • How have fund managers continued to create value amid a weak macroeconomic environment?
  • What tailored strategies have fund managers employed to navigate the Brazilian market?
  • Political uncertainty remains a sticking point for LPs. How can investors look beyond the headlines to find investment opportunities? How should they factor the upcoming presidential elections in to their assessment?
Panelists:
  • Fernando Borges, President, ABVCAP and EMPEA Board Member (opening remarks)
  • Jaime Cardoso, Partner & Private Equity Co-Head, Bozano Investimentos
  • Alberto Camões, Founding Partner, Stratus Group
  • Piero Minardo, Managing Director, Head of Brazil, Warburg Pincus
  • João Busin, Partner, TozziniFreire Advogados (moderator)
  • Monica de Bolle, Senior Fellow, Peterson Institute for International Economics (Keynote)
8:20-8:30 (Salon I-II) | Opening Remarks & Welcome
  • Maria C. Kozloski, Global Head and Chief Investment Officer, Private Equity Funds, International Finance Corporation (IFC)
8:30-8:35 (Salon I-II) | 20th Anniversary Welcoming Remarks
  • Teresa Barger, Board of Directors Vice Chair and Co-Founder, EMPEA and Chief Executive Officer, Cartica Management, LLC
8:35-8:50 (Salon I-II) | Keynote Address: Political Turbulence and Private Capital
  • Ambassador Chas W. Freeman, Jr., Chairman, Projects International and Senior Fellow, the Watson Institute, Brown University
8:50-9:00 (Salon I-II) | Setting the Stage: Driving Opportunities in Private Equity Presenter
  • Philippe Le Houérou, CEO, International Finance Corporation (IFC)
9:10-9:45 (Salon I-II) | DFI Leaders Panel: Moving from Billions to Trillions 
  • How do you communicate to the private sector that the SDGs are not just a moral responsibility but smart business?
  • Development finance institutions have long been essential partners for managers of private capital in emerging markets. Yet partnering with them is not without its challenges. How are DFIs working to improve the partnership model?
  • DFIs have enormous convening power, especially when cooperating with other multi-laterals. How can these institutions work together to persuade governments to create the policy environments in which private sector investment can thrive?
  • What can commercial investors learn from the experience of DFIs as first movers in emerging and frontier economies?
Panelists:
  • Ray Washburne, CEO, Overseas Private Investment Corporation (OPIC)
  • Christiane Laibach, Management Board Member, DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH
  • Phil Bennett, First Vice-President, European Bank for Reconstruction and Development (EBRD)
  • Nancy Lee, Visiting Fellow, Center for Global Development (Moderator)
9:45-10:10 (Salon I-II) | Fireside Chat: A conversation with Jim Kim and David Rubenstein
  • David Rubenstein, Co-Founder & Co-Executive Chairman, The Carlyle Group
  • Dr. Jim Yong Kim, President, World Bank Grou
10:10-11:00 (Salon I-II) | Plenary Panel: Global Private Equity Leaders on the State of the Industry – From Pioneers to the Mainstream
  • Many emerging markets are just now exiting a multi-year period of volatility and subdued growth. Meanwhile technology and competitive pressures continue to transform the traditional business landscape. How is the investment opportunity set evolving as a result?
  • What is the key to building a strong team with staying power that can perform over multiple investment cycles? Do you worry about the absorptive capacity of your markets?
  • Sources of capital have become more diverse, both in terms of investor type and geography. What are the implications for your fundraising efforts? How will the industry change in response?
  • What are your biggest fears? How are you positioning your firm to withstand tomorrow’s challenges?
  • What themes will define the investment landscape of the future?
Panelists:
  • Torbjorn Caesar, Senior Partner, Actis
  • Renuka Ramnath, Founder, Multiples Alternate Asset Management Private Limited
  • Runa Alam, Co-Founding Partner and Chief Executive Officer, Development Partners International
  • Robert Petty, Managing Partner and Co-Founder, Clearwater Capital Partners
  • Nicolas Rohatyn, Chief Executive Officer/Chief Investment Officer, The Rohatyn Group
  • Jeffrey Leonard, Chairman Emeritus & Member of Board of Directors, EMPEA; President & CEO, Global Environment Fund (Moderator)
11:00-11:20 (Foyer) | Networking & Refreshments Break 11:00 (Plaza Ballroom) | Networking Lounge Opens 11:20-12:05 (Salon I-II) | Plenary Panel: Disruptive Technologies, Infrastructure and Innovation – The New World Order
  • How will infrastructure respond and evolve in light of the innovation occurring or expected to occur in the future?
  • How should we flex the definition of infrastructure and how should we aim to define infrastructure opportunities over the next 20- years?
  • What are the vectors of innovation in infrastructure? Financing? Construction? Operations? Can you point to any positive examples today?
  • How does infrastructure innovation enable innovation in other sectors of the economy?
Panelists:
  • Deepali Bahl, Principal, IFC Asset Management Company
  • Raza Hasnani, Head of Infrastructure Investments, Africa50 Project Finance
  • Anadi Jauhari, Senior Managing Director, Emerging Energy & Environment Investment Group (EEEIG)
  • Bernard Sheahan, Former Director, Infrastructure, International Finance Corporation (IFC) (Moderator)
12:05-12:30 (Salon I-II) | Keynote Interview: Liberalism Under Fire: Implications for Global Investors Interviewees:
  • Okechukwu Enelamah, Minister of Industry Trade and Investment for Nigeria
  • Monica de Bolle, Senior Fellow, Peterson Institute for International Economics (Interviewer)
  • Pascal Lamy, Former Director General, WTO and Former Commissioner, European Commission for Trade
  • Moisés Naím, Distinguished Fellow at the Carnegie Endowment for International Peace and Former Minister of Trade and Industry for Venezuela
12:30-13:30 (Foyer) | Networking Lunch 12:30-13:30 (Salon III) | Mexico Luncheon | Case Study on Mexico: Reforming Regulation and Fostering Local Managers
  • How is the regulatory framework private capital in the Mexico continuing to evolve? Can the country’s approach serve as a model for other emerging markets?
  • How are fund managers tackling the challenge of building businesses to compete both locally and on the international stage?
Panelists:
  • Felipe Vilá, Chief Executive Officer, Corporación Mexicana de Inversiones de Capital, Fondo de Fondos
  • Scott McDonough, Managing Director and Founding Partner, Alta Growth Capital
  • Alex Rossi, Managing Partner, LIV Capital
  • Jorge Dickens, Managing Partner, ACON Investments
  • Liliana Reyes Castrejón, CEO of AMEXCAP (Moderator)
13:35-14:00 (Salon I-II) | Keynote Discussion: Political Order & Political Decay 
  • November 1989: to just about everyone’s astonishment  the Berlin Wall unexpectedly crumbled and the global geopolitical landscape appeared to dramatically pivot almost from one day to the next. During the next few years there was a palpable sense of triumphal optimism that democratic governments and market-based capitalism were ascendant, perhaps irreversibly. If there was a single volume that captured the significance of this extraordinary historical moment more than any other it was Francis Fukuyama’s “The End of History and the Last Man.” Now, almost 30 years later, the optimism has largely evaporated as we struggle to comprehend an unexpected confluence of troubling global trends: democracy is in retreat; destabilizing populist currents are on the rise; the EU is far from unified; and the specter of damaging trade wars and protectionism are becoming an uncomfortable reality. And all this even before we take into account the significance of a very poor country that in 1989 was barely recognized as a future global political and economic power house: China! During this session Roger Leeds will probe Francis  Fukuyama , asking him to shed light on some reasons why he believes the world has not been transformed during this period as many expected, and the possible consequences for future politico-economic growth and stability in both the West and developing countries.
Panelists:
  • Francis Fukuyama, Olivier Nomellini Senior Fellow at the Freeman Spogli Institute for International Studies (FSI), Resident, FSI Center on Democracy, Development, and the Rule of Law, Stanford University
  • Roger Leeds, Co- Founder, EMPEA and Director, Center for International Business and Public Policy, School of Advanced International Studies (SAIS), Johns Hopkins University (Interviewer)
14:00-14:45 (Salon I-II) | Breakout Session – Value Creation in Africa Slowing GDP growth, low commodity prices and political volatility continue to batter the continent. While some of the major economies are coming out of recession, the region is not out of the woods yet.
  • How can fund manager harness value creation to deliver outperformance?
  • What approaches are GPs adopting to deliver returns against the backdrop of slowing GDP growth?
  • How are fund managers adapting to the changing environment?
Panelists:
  • Paul Boynton, Chief Executive Officer, Old Mutual Alternative Investments
  • Genevieve Sangudi, Managing Director, The Carlyle Group
  • Akintoye Akindele, Partner, Synergy Capital Managers
  • Eliot Pence, Senior Managing Director and Africa Practice Leader, McLarty Associates and Founding Executive Director, US-Nigeria Council
  • Aubrey Hruby, Nonresident Senior Fellow, Africa Center, The Atlantic Council (Moderator)
14:00-14:45 (Salon III) | Breakout Session – Taking ASEAN to the Next Level
  • ASEAN has seen strong growth in seed and early-stage venture capital, but options remain limited in later growth stages. How can GPs address this ‘Series B gap’? What role can regulators play in fostering mid-level investment?
  • How have fund managers adapted to the increasing presence of major strategic investors in ASEAN, including local family-owned conglomerates and Chinese technology behemoths? What opportunities and challenges do they present?
  • How can fund managers scale portfolio companies in the region? Is a regional strategy viable, or are ASEAN’s markets too disparate?
Panelists:
  • Honorio Poblador IV, Managing Partner, Navegar
  • Panaikorn Chartikavanij, Co-Founder, Lakeshore Capital
  • Michael Octoman, Senior Partner and COO, Navis
  • Michael Madden, Managing Partner, Ronoc
  • Ralph Keitel, Principal Investment Officer, International Finance Corporation (IFC) (Moderator)
14:50-15:35 (Salon I-II) | Breakout Session – Entrepreneurship, Growth and Innovation in the Middle East
  • While overall funds raised in MENA has declined in recent years, a number of first-time fund managers reached closes in 2017. Many of these new funds are pursuing technology-enabled and Venture Capital strategies. Are these newer managers signaling a new direction private capital for private capital in the Middle East, or just a new segment of the overall asset class?
  • Conversely, more traditional growth and buyout strategies seem to be flourishing in North Africa, with managers committing to sectors such as education, health care and construction in recent months. What about North Africa makes these strategies and sectors more attractive?
  • The biggest storylines in MENA in 2017 were the prominent exits of regional champions Souq and Careem to larger, international buyers. Are more exits of this type to be expected going forward, or was 2017 a unique year in this sense?
Panelists:
  • Walid Cherif, Senior Managing Director, Gulf Capital
  • Gilles de Clerck, Executive Director, EuroMena
  • Albert Alsina, Founder, Chief Executive Officer, and Managing Partner, Mediterrania Capital Partners Private Equity
  • Leith M. Masri, Founder and Partner, Foursan Group
  • Peter Tropper, Senior Advisor, EMPEA
14:50-15:35 (Salon III) | Breakout Session – Specialized Investment Approaches in China 
  • As China’s private capital industry continues to mature, how have specialized strategies evolved to respond to a growing and more discerning local LP base and deepening private markets?
  • How do sector-specific firms navigate the hype cycles that drive LP interest and investment opportunities?
  • Depending on the sector, strategic investors can be important contributors in the cap table of a PE-backed company. How do specialized funds touting industry insight compete and/or cooperate with strategic investors?
Panelists:
  • David Pierce, Managing Director, Head of Asia, HQ Capital
  • Lin-Lin Zhou, Founder and Chief Executive Officer, Principle Capital
  • Stuart Schonberger, Managing Director, CDH Investments
  • Rebecca Xu, Co-Founder and Managing Director, Asia Alternatives and Vice Chair, EMPEA (Moderator)
15:40-16:00 (Foyer) | Networking & Refreshments Break 16:00-16:45 (Salon I-II) | Breakout Session – The Evolution of the Indian Private Equity Landscape
  • In 2017, India ranked at the top of EMPEA’s LP survey. What are the drivers behind increased LP interest?
  • The region’s positive outlook has not only increased investor confidence, but also attracted new entrants to the PE industry. What does this influx mean for the Indian private equity industry? As entrepreneurs and senior members of established PE firms set up their own funds, a record high of 20 first-time funds reached closes in 2017. What do these new GPs bring to the investment landscape?
  • While exits remain a pain point, India has shown its ability to generate returns through various exit channels. What has driven the uptick in IPO exits? Will the positive trend continue in the long-term?
  • There are more opportunities for control investments in India, from family-owned businesses’ increasing willingness to let go of control to multinational corporations focusing on their core operations. How are fund managers taking advantage of opportunities in the buyout space?
Panelists:
  • Nishith Desai, Founder and Managing Partner, Nishith Desai Associates
  • Akhil Awasthi, Managing Partner, Tata Capital Growth Fund
  • Ranu Vohra, Managing Director and Chief Executive Officer, Avendus Capital
  • Ranjit Shah, Managing Partner, Gaja Capital
  • Rajat Tandon. President, IVCA (Moderator)

16:00-16:45 (Salon III) | Breakout Session – Mitigating Risk & Capturing Growth in Turkey

  • Fund Managers have had success in finding liquidity in Turkey over the past eighteen months, including multiple successful IPOs in Istanbul and abroad, as well as the recently-announced sale of shipping company U.N. Ro Ro for US$1.2 billion. How can GPs leverage this liquidity to attract further investments and more capital to Turkey in the coming years?
  • Much has been said in recent years about Turkey’s growing consumers, with asset managers and strategic investors alike hoping to gain access to this growing class. How can GPs most successfully access Turkey’s middle class?
  • Turkey consistently ranks near the bottom of EMPEA’s Global Limited Partners Survey rankings of market attractiveness for GP Investment. Is this perception of Turkey based in reality, or perhaps a reflection of respondents’ relative lack of experience in Turkey?
  • Similarly, 72% of respondents to EMPEA’s 2018 survey cited political risk as a deterrent to investing in Turkey, the most of any emerging market region or country. What can Turkey do to alleviate investors’ concerns?
Panelists:
  • Ahmet Burak Dağlıoğlu, Head of Department, Investment Support and Promotion Agency (ISPAT)
  • Seymur Tari, Founder and Chief Executive Officer, Turkven
  • Baris Oney, Founder and Managing Partner,  Globalturk Capital and Country Representative – Turkey, EMPEA (Moderator)
  • Alim Murat Ozgen, CEO, Is Private Equity Investment Trust
  • Anne Fossemalle, Director, Equity Funds, European Bank for Reconstruction and Development (EBRD)
16:45-17:10 (Salon I-II) | Keynote Discussion: Driving Growth in Africa
  • The role of the private sector and good governance
Panelists:
  • Mo Ibrahim, Founder & Chair, Mo Ibrahim Foundation
  • Ellen Johnson Sirleaf, Former President, Liberia
  • Dan Keeler, Frontier Markets Editor, The Wall Street Journal (Interviewer)
17:10-17:55 (Salon I-II) | Closing Keynote Panel: LP Perspectives; Is it the Manager or the Market? 
  • What is driving limited partners’ allocations to emerging markets: growth prospects or strong GPs?
  • When considering allocations, how much credit should be given to fund managers or portfolio company leaders and how much to the market? How does this play out in an EM context and what impact does it have on formulating an alternatives strategy?
  • What role do direct and co-investments play within a portfolio and how will concentrations evolve? What are the implications for traditional fund managers? Will your approach differ in emerging markets?
  • Institutional investors appear to be turning to longer-dated investments to maximize value and meet institutional needs. What is the ideal way to address this new time paradigm for deals? Do evergreen funds make sense?
Panelists:
  • Richard Rincón, Director, Emerging Markets Investments, UTIMCO and Vice Chair, LP Council, EMPEA
  • Marcus Simpson, Head of Global Private Capital, QIC
  • Søren Thinggaard Hansen, Head of Private Equity, Industriens Pension
  • Brooke Jones, Director of Investments, Carnegie Corporation of New York
  • Prakash Mehta, Partner, Akin Gump Strauss Hauer & Feld LLP (Moderator)
18:30-22:00 | 20th Anniversary Celebration (Organization of American States) To commemorate the 20th anniversary of the Conference, please join IFC and EMPEA for a special celebratory reception at the iconic Organization of American States headquarters in Washington, D.C. on the evening of Tuesday 15 May following the first day of the conference. All conference delegates, EMPEA members and IFC guests are welcome to attend if pre-registered by 9 May 2018. Due to security considerations, the OAS will not allow on-site registrations and access will not be granted to unregistered reception guests. We regret IFC and EMPEA are unable to make any exceptions to this policy.

Day 2 – Wednesday, 16 May

7:30-8:30 (Foyer) | Registration & Breakfast 7:30-8:30 (Plaza Ballroom) | LP-Only Breakfast (Invitation Only) | Addressing Key LP Considerations and Concerns: SEC Regulation, Fund Financing, ESG, CyberSecurity and Regulatory Technology Panelists:
  • Steve Nelson, Chief Executive Officer, Institutional Limited Partners Association (ILPA)
  • Sara Cortes, Assistant Director, Investment Advisor Regulation
  • Elizabeth Tirone, Associate General Counsel, CDC
8:25-8:30 (Salon I-II) | Opening Remarks & Welcome
  • Robert Petty, Chairman, EMPEA
8:30-8:55 (Salon I-II) | Keynote Interview: A View of the Start-up Scene on Both Sides of the Pacific
  • Jason Hainan Tan, Chief Investment Officer, Jeneration Capital
  • Henny Sender, Chief Correspondent, International Finance, Financial Times (Interviewer)
8:55-9:30 (Salon I-II) | Plenary Panel: Capturing the 21st Century Asian Consumer
  • The preferences and habits of Asia’s increasingly sophisticated and tech-savvy shoppers are rapidly transforming the traditional consumer landscape. How are fund managers and their portfolio companies accessing this growing demographic? What are the challenges in addressing their needs?
  • How are Asian consumers different than their western counterparts? What do western companies and investors not understand about the consumer sector in Asia?
  • What synergies exist across Asian consumer markets? How do key markets in the region differ from each other?
  • How is technology being leveraged to reach underserved communities beyond Asia’s main metropolitan areas?
  • Which overlooked sectors provide the greatest opportunities? Conversely, which consumer sectors are over-hyped?
Panelists: 
  • Ravi Thakran, Managing Partner and Chairman, Asia, L Catterton
  • Deepak Gark, Founder and CEO, Rivigo
  • Jay Park, Managing Director, BlackRock Private Equity Partners
  • Henny Sender, Chief Correspondent, International Finance, Financial Times (Interviewer)
9:30-10:00 | Fireside Chat: How Impact Investors Are Putting Capital to Work 
  • According to EMPEA’s 2018 Global LP Survey, 77% of respondents consider environmental and social impact when making investment decisions, but only 30% of respondents have dedicated allocations to impact investing, indicating that investors are convinced of the why, but perhaps not on the ‘how’. What advice would you give investors ready to make the step from consideration to action?
  • Investors are often confused by the multitude of opportunities presented as being ‘impactful’, from socially responsible investing and ESG frameworks to the more narrowly-defined impact investing. How should impact investing leaders be framing the conversation? How should they clarify the opportunities across the risk/return spectrum for newer entrants?
  • How do you think about your impact and financial criteria for investment? How did you communicate this to your LPs, who may have their own set of criteria?
  • How do you balance maximizing social impact against the need for risk mitigation and financial returns?
Panelists: 
  • Maya Chorengel, Senior Partner, Impact, The Rise Fund
  • Matthew Bishop, Managing Director, The Rockefeller
  • David Wilton, Managing Director & CEO, Zheng Parners LLC (Interviewer)
10:00-10:40 (Salon I-II) | The Global Alternatives Glut: What Does it Mean for Managers and Allocators? How Can Investors & Companies in Emerging Markets Capitalize? 
  • Given the record level of commitments to private equity globally, are returns likely to suffer?
  • Can emerging markets buck this trend or take advantage of investors’ moving out on the risk spectrum?
  • What corners of the market are being overlooked right now?
Panelists:
  • Wassim Moukahhal, Managing Director – Private Equity, Samena Capital
  • Stephen O’Neill, Managing Director, 57 Stars, LLC
  • Afsaneh Beschloss, Founder and Chief Executive Officer, Rock Creek Group
  • Michael Calvey, Senior Partner and Director, Baring Private Equity International, Baring Vostok Capital Partners
  • Frank Morgan, President, Coller Capital (Moderator)
10:40-11:00 (Foyer) | Networking & Refreshments Break 10:40 (Plaza Ballroom) | Networking Lounge Opens 11:00-11:25 (Salon I-II) | Cambridge Associates Date Presentation – State of the Private Equity Industry 11:25-12:10 (Salon I-II) | Plenary Panel: Private Equity-Led IPOs
  • A revival in public equity markets across emerging economies in 2017 provided many GPs with a window to list portfolio companies and generate liquidity for their investors. What lessons can we draw from GPs’ recent experiences in steering companies to IPOs?
  • How viable are public markets as an exit channel compared to strategic or secondary sales? Can this be fully assessed at the time of the original investment given uncertainty over future appetite for new listings? Is it incumbent on GPs to prepare for multiple paths to exit?
  • What are key considerations for fund managers weighing a listing and what milestones in terms of company size, geographic reach or operations need to be reached along the way?
  • How can regulators, development finance institutions, managers and investors support the development and deepening of local capital markets?
Panelists:
  • Seymur Tari, Founder and Chief Executive Officer, Turkven
  • Lenna Koszarny, Founding Partner and CEO, Horizon Capital
  • Carlos Eduardo Martins, Partner, Vinci Partners
  • David Snow, Chief Executive Officer & Co-Founder, Privcap (Moderator)
12:10-12:55 (Salon I-II) | Breakout Session – Real Estate Funds – Untapping the Potential in Emerging Markets
  • What structures and models work best in each region?
  • Real Estate: Right opportunities versus right asset class?
  • What markets are providing the best investment opportunities?
Panelists:
  • Derrick Roper, Chief Executive Officer, Novare Equity Partners, Africa
  • Elizabeth Bell, Principal, Jaguar Growth Partners
  • Gregorio Schneider, Partner, TCP Capital
  • Brian Oravec, Chief Executive Officer, Indospace
  • Santiago Porta, Principal Investment Officer, International Finance Corporation (IFC) (Co-Moderator)
  • Jane Jenkinson, Real Estate Specialist, International Finance Corportation (IFC) (Co-Moderator)
12:10-12:55 (Salon IIIA) | Breakout Session – Fund and Co-Investment Terms and Conditions
  • Capital contribution cessation: triggers, free rider issues
  • Look-through obligations at portfolio company level:  ESG, access, manager liability in control vs non-control situations
  • Subscription documents: indemnity; back-to-back representations; provision of information
  • Investor “horror stories” driving need for manager and team personal assets at risk; tax distributions; offshore financial center issues
Panelists:
  • Jay Koh, Co-founder & Managing Director, The Lightsmith Group
  • Patrice Backer, Chief Investment Officer, AFIG Funds
  • Elizabeth Tirone, Associate General Counsel, CDC
  • Thomas Barry, President and Chief Executive Officer, Zephyr Management, L.P
  • Mara Topping, Partner, White & Case LLP (Moderator)
12:10-12:55 (Salon IIIB) | Breakout Session – Private Equity’s Role in Delivering the SDGs: Lessons Learned from EMPEA’s ESG Community
  • Since the launch of the Sustainable Development Goals (SDGs) in 2015, both institutional investors and fund managers alike have become inspired to adopt an SDG strategy. What does SDG alignment look like in practice and what lessons can be learned from the early adopters?
  • How does ESG fit in with SDG alignment?
  • What resources are available to help investors and fund managers align with the SDGs?
Panelists:
  • Shami Nissan, Head, Responsible Investment, Actis
  • Mark Eckstein, Director, Environmental and Social Responsibility, CDC
  • Natasha Buckley, Senior Manager, Investment Practices – Private Equity, Principles for Responsible Investment
  • Steve Okun, ASEAN Representative, EMPEA (Moderator)
12:55-13:55 (Foyer) | Networking Luncheon 13:55-14:40 (Salon I-II) | Breakout Session – Best Business Practices in Fund Administration and Management
  • Fund managers in emerging markets must continually adapt and evolve to meet the demands of their investors for greater transparency and accountability when it comes to managing their funds. What are the current pressing issues that CFOs and other administrators need to address?
  • How much progress have manages of capital in emerging markets made in adopting global best practices in fund administration, audit/accounting, valuation and external reporting? What will LPs be looking for when they’re evaluating new funds?
  • Have the IPEV Guidelines gained traction among EM-focused investors? What are practical constraints to adopting these standards?
Panelists:
  • Hany Assaad, Co-Founder, Chief Portfolio and Risk Officer and Chief Compliance Officer, Avanz Capital
  • Paul Cunningham, Chief Financial Officer, Helios Investment Partners LLP and Chairman, IPEV
  • David Fann, President & CEO, TorreyCove
  • Fred Jacobs, Chief Revenue Officer, Apex Fund Services (Moderator)
13:55-14:40 (Salon IIIA) | Breakout Session – Tailoring the Deal Structuring
  • Discuss how to balance maximizing impact against the need for risk mitigation
  • Examining the challenges of involving co-investors in the deal structuring discussion
  • Discuss tools to improve alignment of interests and mitigate risks
Panelists:
  • Scott Mackin, Managing Partner and Co-President, Denham Capital
  • Prashanth Murali, Counsel, International Finance Corporation
  • James Ahn, Managing Director, CD&R
  • Peter O’Driscoll, Partner and Head of Emerging Markets Group, Orrick (Moderator)
13:55-14:40 (Salon IIIB) | Breakout Session – Venture Capital in Emerging Markets – Looking Past the Hype
  • Per EMPEA’s 2018 Global Limited Partners Survey, over half of respondents plan to begin or expand investment via venture capital funds over the next two years. Given the relative nascency of EM VC, how prepared are your markets to absorb the incoming surge of capital? What needs to be in place to support a more robust VC ecosystem?
  • One of the biggest challenges facing VCs globally is the lag between paper gains and realized returns. How are you finding liquidity within your own markets, which have fewer exit avenues relative to developed markets?
  • Local and international corporations are increasingly entering the VC space through their own captive vehicles. What effect do these new entrants have on opportunities at both entry and exit?
Panelists:
  • Selma Ribica, Director, Venture Capital, AfricInvest
  • Karthik Prabhakar, Director and Head of Fundraising, IDG Ventures India Advisors
  • Cem Sertoglu, Partner, Earlybird Venture Capital
  • Sever Totia, Partner, 3TS Capital Partners
  • Rae Winborn, Senior Research Analyst, EMPEA (Moderator)
14:40-15:25 (Salon I-II) | Breakout Session – Preparing for Adversity: Managing for Currency Volatility, Political Transitions and Commodity Exposure Panelists:
  • Gregory Bowes, Co-Founder and Managing Partner, Albright Capital
  • Patrick Brean, Managing Director, Crystalus
  • Serge LeVert-Chiasson, Partner, MD Impact Investment Advisory & CCO, Sarona Asset Management
  • Vijay Iyer, Vice President and Chief Operating Officer, Multilateral Investment Guarantee Agency (MIGA)
  • Mike Casey, Founder and Managing Director, Portico Advisers, LLC (Moderator)
14:40-15:25 (Salon IIIA) | Breakout Session – Leapfrogging with Blockchain
  • What are the limits to blockchain’s ability to help emerging markets leapfrog past slogging intermediaries and sluggish infrastructure toward better, more reliable services?
  • Is Blockchain relevant for financial inclusion?
  • What are some sectors and innovative companies that are leveraging blockchain to bring services to the poor? Does driving transaction costs to zero meaningfully raise the ability to reach the “bottom of the pyramid?”
  • How should we distinguish between blockchain the protocol and cryptocurrencies?
  • Initial Coin Offerings (ICOs): Do they have potential to play a meaningful role in geographies with a limited venture capital community?
Panelists:
  • Michael Pisa, Policy Fellow, Center for Global Development
  • Asheesh Birla, Senior Vice President of Product, Ripple
  • Udayan Goyal, Co- Founder and Managing Partner, Apis Partners
  • Harish Natarajan, Senior Payment Systems Specialist, Finance, Competitiveness & Innovation, World Bank Group
14:40-15:25 (Salon IIIB) | Breakout Session – Mainstreaming Impact Investing: Building on Current Momentum
  • As more and more LPs buy into the case for impact investing, fund managers must now show results. What successes have the impact investing industry had? What challenges have impact investors yet to solve?
  • With the mainstreaming of impact investing also comes inevitable fears of ‘impact washing’. How do both investors and fund managers ensure the credibility of their impact?
  • Impact investors are often investing alongside traditional GPs. What tools do you use to align traditional investors’ interest to your own?
  • What role should DFIs play within the impact investing space?
Panelists:
  • David Bohigian, Executive Vice President, Overseas Private Investment Corporation (OPIC)
  • Karim Harji, Programme Director, Impact Measurement Programme, Saïd Business School
  • Bert van der Vaart, Co-Founder & CEO, SEAF
  • Jean-Michel Severino, Chief Executive Officer, Investisseurs & Partenaires
  • Stephen Lee, Principal, Impact Investing, TIAA
  • Patricia Dinneen, Impact Investing Council Chair and Senior Advisor, EMPEA
15:25-15:55 (Foyer) | Networking & Refreshments Break 15:55-16:25 (Salon I-II) | Keynote Address: Are Great Leaders Made or Born?
  • Great leadership isn’t for everyone, but the number of people who can develop these skills is far larger than we imagine. Most of us believe that leaders are rare specimens who have surpassing talent and charisma. We think their leadership qualities should be obvious. But the greatest teams in the history of sports had leaders who were not obvious, and were even highly unlikely. The seven key traits they had in common were not God-given talents that outshone all others, but functions of their behavior. Walker outlines these traits, and the science behind them, in this thought-provoking presentation.
Presenter:
  • Sam Walker, Deputy Editor, The Wall Street Journal and Author, The Captain Class: The Hidden Force That Creates the World’s Greatest Teams
16:25-17:00 (Salon I-II) | Oxford Style Debate – Private Credit vs. Private Equity • What’s the best way to meet the financing needs of private companies or projects and generate consistent returns for investors? • Why should investors be looking to add EM-focused private credit and private equity, respectively, to their portfolios? Debaters: 
  • Paul Sanford, Chief Investment Officer, TriLinc Global
  • Andrew Kuper, Founder and CEO, LeapFrog Investments
  • Teresa Barger, Board of Directors Vice Chair and Co-Founder, EMPEA and Chief Executive Officer, Cartica Management, LLC
17:00-17:30 (Salon I-II) | Closing Keynote Address 17:30 (Salon I-II) | Closing Remarks 17:00-18:00 (Foyer) | Cocktail Reception