MasterClassTM

Capital Roundtable

 

Sponsor

Partial List of
Past Attendees

3i U.S. Growth Capital

AIG Commercial Equipment Finance Inc.

AlixPartners LLC

Alvarez & Marsal Transaction Advisory Group LLC

Angelo Gordon & Co.

Bank of America

Barclays Capital Inc.

Belvedere Capital

Blue Wolf Capital

BMO Capital Markets

Braemar Energy Ventures

Brittany Capital Group

C. P. Eaton Partners LLC

Capital Markets Cooperative LLC

CarVal Investors LLC

CIT Commercial Credit

Citigroup Inc.

Context BH Equity Fund

Context Capital Partners

Corsair Capital LLC

Covington & Burling LLP

D. E. Shaw & Co.

DLJ Merchant Banking

Duff & Phelps

Echelon Capital Group

Edgehill Partners

Edwards Angell

Equifin Capital Partners

Ernst & Young

FBR Capital Markets

FIG Partners LLC

Financiele Participaties Amsterdam NV

First Funds LLC

Fox-Pitt Kelton Cochran Caronia Waller (USA)

Franklin Madison Capital

Gargiulo & Partners Inc.

Goldman Sachs

Greenhill Capital

Houlihan Lokey

Huguenot Capital

Jefferson National Financial Corp.

Keefe Bruyette & Woods

Kilpatrick Stockton LLP

Lee Equity Partners LLC

Lightyear Capital LLC

LLR Partners Inc.

Lovell Minnick Partners

Marcus Associates

Milestone Advisors LLC

Morgan Joseph & Co.

Morrison & Foerster LLP

Morrison Public Affairs Group

Needham & Co. LLC

NYPPEX Private Markets

Oliver Wyman Financial Services

Oliver Wyman Group

Olympus Partners

Paine & Partners LLC

PartnerRe Ltd.

Pentalpha Capital Group

Pine Brook Road Partners

Plainfield Asset Management LLC

Riverside Co.

Sandler O'Neill

Silver Point Capital

Soros Fund Management

St. Charles Capital LLC

StoneCastle Partners

Towers Watson & Co.

TriplePoint Capital

Vestar Capital Partners

Wand Partners Inc.

Weiser LLP

Wells Fargo Capital Finance

WL Ross & Co. LLC

Association Partners

 

Research Partners

Media Partners

 

The Deal

Buyouts

Capital IQ

 

Clear the date November 4 on your calendar!

CLICK HERE now to register before it's too late!

Fourth Annual MasterClass™

On Private Equity & Mezz Investing

In Middle-Market Financial Services Companies

 

Financial Services Companies --

Adapting to the “New Normal”

For Private Equity Investing --

Opportunities in the Post-Crisis

Dodd-Frank World

  Attendance Is Limited!

  CLICK HERE to Register Now

                         

CO-CHAIRED BY

Robert E. Glanville, Managing Director

Pine Brook Road Partners LLC

&

Lawrence A. Marsiello, Senior Advisor

Pine Brook Road Partners LLC

 Featuring 20 Expert Speakers --

  • Joseph S. Berry, Keefe Bruyette & Woods Inc.
  • Caleb W. Burchenal, Berkshire Capital Securities LLC

  • Mark A. Casale, Essent Guaranty Inc.
  • Colin P. Cross, Crystal Financial LLC
  • John F. Daly, CIT Commercial Services
  • D. James Daras, Franklin Madison Capital
  • Mitchell E. Drucker, Garrison Investment Group LP
  • Stephen Eisenstein, Harvest Partners LLC

  • James Grady, Deutsche Asset Management Inc.
  • Neil E. Grayson, Nelson Mullins Riley & Scarborough LLP
  • Joseph G. Hissong, PartnerRe Principal Finance Inc.
  • Eric W. Leathers, Pine Brook Road Partners LLC
  • Titus W. Leung, Perella Weinberg Partners LP
  • Rob J. McCarthy, Alvarez & Marsal
  • James M. McCormick, First Manhattan Consulting Group
  • Dan R. Miller, Macquarie Capital (USA) Inc.
  • Warren K. Mino, Webster Business Credit Corp.
  • Bruce A. Morrison, Morrison Public Affairs Group
  • Andrea L. Petro, Wells Fargo Capital Finance
  • Robert Radway, NXT Capital LLC
  • Bharath T. Srikrishnan, Lee Equity Partners LLC

  • William J. Sweet, Skadden Arps Slate Meagher & Flom LLP
  • Vipul B. Tandon

 

Click Here to Register >>   Purchase Audio Package >>


 Visit Audio Library >>    Add to Outlook Calendar >>

 

FULL-DAY CONFERENCE

Thursday, November 4, 2010

8:00 am – 5:00 pm
New York City 

Designed to Meet the Needs of GPs, LPs, & Managers of Buyout, Growth Equity, Mezzanine, & Lending Funds, as Well as Independent Sponsors, Operating Partners, Portfolio Company Managers, and the Bankers, Lawyers, Accountants,

& Other Advisors Who Support Them

Faculty | Schedule | Registration | Location | Sponsorship | Audio Package |

The environment for investing in financial services is in significant flux. While a financial meltdown was averted, the post-crisis landscape for investing in financial services faces unusual uncertainty about capital requirements, about capital markets capabilities, and about regulatory oversight and controls. 

 

At the same time, macro and microeconomic uncertainty remains high. Will the economy double-dip? Which sectors in the economy are poised to succeed (or fail) in the new environment? What will happen to unemployment, interest rates, inflation/deflation, and how will international economies perform?

 

All this is what’s being called the “New Normal.”

 

And it’s why this conference will tie everything together for financial services investors -- and offer specific guidance on how to address the uncertainty.

 

Our idea is to go well beyond an analysis of Dodd-Frank and to provide a 360º view of investing conditions -- the opportunities, the valuations, the regulations, the implications.

 

In addition, this conference will provide high-level insight on how best to develop existing portfolio companies when little seems clear. You’ll hear what strategies other firms are using to plan for change, drive growth, and maximize value.

 

This all-new conference covers the interlocking areas that are central to how you think about financial services investing. Our presenters will bring you up-to-the-minute data on the specific capital entering the market, and the capital that is leaving. What the latest timetable for resolving Dodd-Frank issues appears to be. How U.S. and European banks are coping and consolidating. And which specialty lenders have been left standing.

 

And keep in mind there is one unchanging way you can assure yourself a large return -- register early. Click here to sign up for this conference now, and you’ll receive our special Early Bird Discount -- a generous savings of $400!

 

Returning this year for the third time is our chair, Rob Glanville, a co-founder and managing director of New York-based private equity firm Pine Brook Road Partners. Rob has over two decades of hands-on financial services experience as an investor and operator, and his take on current issues will set the tone for a fact-filled day.

 

Rob, in partnership with William Spiegel and Eric Leathers (who are also participating in the conference), is responsible for Pine Brook’s financial services investing activities, and currently serves on the boards of three portfolio companies -- Essent Guaranty Limited, Narragansett Bay Insurance Co., and Syndicate Holding Corp.  Formerly senior vice president -- financial and treasury services for Arch Capital, Rob has extensive experience with principal investing, capital raising, capital allocation, business development, investment management/treasury and internal audit. He holds an AB from Princeton.

 

We’re also pleased to welcome as co-chair, Larry Marsiello, senior advisor to Pine Brook Road Partners’ financial services practice -- with a particular focus on credit-related investment opportunities (specialty lending, depository institutions). Larry is a 35-year cycle-tested veteran of the financial services industry with real, long-term commercial and consumer credit experience. At the time of his retirement in early 2008, he was the vice chairman and chief lending officer of the CIT Group Inc.

 

Three Key Topics, One Information-Filled Day.

 

These are the three key topics Rob and Larry are focusing on at this conference --

 

First, Regulatory Change. The Dodd-Frank Act introduced tremendous uncertainly into the financial services marketplace because now government regulators and enforcers must define what the legislators left undefined.

And, there’s even more to come on the government/regulatory front -- e.g., the resolution of Fannie and Freddie and the restructuring of U.S. housing finance, small business lending, tax policy, further fiscal stimulus, the “transition” at the Office of Thrift Supervision… the list seems endless.  

 

What’s more, how do you build regulatory flux into your investment strategy and risk mitigation? Are you willing to trek to Washington D.C. to make your case? …is it even worth trying, given all the lobbying dollars being thrown around?

 

Second, Banks. They’re under a raft of new pressures -- with higher costs, pressures on traditional sources of fee income, troubles at both small and large depository institutions, difficulty originating decent spread loans, and many additional failures waiting to happen.  

 

So how do you develop a banking business model that reflects the macroeconomic environment, the underlying microeconomics of individual loans, and the expertise of managers who understand and are experienced with developing both sides of the balance sheet (well-underwritten loans and cheap deposits)? 

 

Should banks be prepared for a long run of low (real and nominal) interest rates, or batten their hatches in preparation for a rising rate or inflationary environment? Is the FDIC-assisted transaction game over?    

 

And third, Specialty Lenders. They’re re-emerging as banks are again providing debt capacity to them. Although the days of 8 or 9-to-1 leverage for riskier asset classes are over, “loans to lenders” are re-emerging at higher cost and lower debt-to-equity ratios. Many specialty lenders did not make it through the crisis, getting caught on asset quality and/or financing availability issues -- while some (e.g., CIT and AmeriCredit) ultimately emerged from the credit crisis. 

 

How should specialty lenders match their funding models with their asset duration? How dependent should a business be on the re-emergence of securitization(s) and conduits, the asset-based lending market? Should investors focus on lower return, less risky asset classes that (ultimately) can or should end up on the balance sheets of regulated depository institutions -- the Libor +300 assets -- or on riskier, higher APR, less acceptable asset classes where low cost of funds competition should remain muted? 

 

It’s how all these topics combine and overlap that provides you with framework for investing in financial services in 2011 and 2012 -- and beyond.

 

The New Normal is not a passing phenomenon. As this conference will make clear, the New Normal is the environment financial services investors will need to be comfortable with for quite a while to come. 

 

For a complete understanding of all the possibilities for private equity investing in financial services companies, you’ll want to attend The Capital Roundtable’s full-day conference --

 

Financial Services Companies --

Adapting to the “New Normal”

For Private Equity Investing --

Opportunities in the Post-Crisis

Dodd-Frank World

 

20 Financial Services Experts Open Books & Name Names.

 

Joining Rob and Larry will be a team of 20 panelists selected for their expertise in financial services. You’ll hear from private equity investors who make investments of all sizes, investment bankers, professional services providers, and more -- all ready to be completely candid in their presentations and predictions.

 

Register now to get the answers to these and other questions that are likely on your mind --

 

  • What will be the impact of Dodd-Frank, and the post-legislation rule making, on private equity investing in financial services companies?
  • How did Dodd-Frank differ from what conventional wisdom expected, and what does that mean for private equity investors?
  • What regulator biases must private equity investors be prepared for in legislation and rule making to come?
  • How could international regulation or events -- a slowdown in China’s economy, revised bank capital requirements, Solvency II -- affect the U.S. financial services sector?
  • Which banks are in trouble, and which are poised to prosper? How do you spot the difference?
  • What is the current state of the “shadow banking” sector and how should investors consider its re-emergence when considering financial services investments?
  • How is the government fairing as a bank investor, and what are the ramifications?
  • What has brought debt capital back to specialty lending companies, and why?
  • How can you help your financial services portfolio companies prosper with uncertainty all around?
  • And much, much more.

The Must-Attend Conference for Prospering in the “New Normal.”

 

While the possibilities you’ll leave this conference with are unlimited, the seating is not. We dislike having to turn people away, but each year it becomes necessary -- so we encourage you to make plans now and reserve your seat.

 

And don’t forget about the excellent networking opportunities this conference provides. There is ample time built into the agenda where you can connect with fellow attendees and featured speakers, including session breaks and an open lunch. So you don’t have to choose between content and contacts -- this conference is rich in both.

 

You should attend this conference if you are a --

 

  • GP or LP considering opportunities in the financial services industry.
  • Hedge fund manager or venture capitalist reviewing investments in financial services.
  • Corporate development professional within the financial services industry looking at non-organic growth opportunities.
  • Lender wishing to back financial services transactions.
  • Attorney who advises on M&A deals in financial services.
  • Investment banker who actively pursues transactions in the financial services industry.
  • Executive search professional recruiting for the financial services industry.

 

Remember, click here to register with our Early Bird Discount by September 24, 2010, and you’ll save $400 off our standard fee! Please make your reservation now so you’re not disappointed. We’ll be looking forward to greeting you.

 

For more information, please feel free to contact Dana DeMattia at 212-832-7333 ext. 102 or ddemattia@capitalroundtable.com.

 

This conference is being produced by The Capital Roundtable, America’s leading conference organization focusing on “need-to-know” information for professionals in the middle-market private equity community. For more information about The Capital Roundtable’s 25 annual MasterClasses and other events and programs, please visit www.capitalroundtable.com.

The Capital Roundtable thanks Wells Fargo Capital Finance for sponsoring this outstanding event.  It’s due in great part to their collaboration and support that we have the resources to make this event so worthwhile for you. 

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Faculty

Co-Chaired By

  • Robert E. Glanville, Managing Director, Pine Brook Road Partners LLC
  • Lawrence A. Marsiello, Senior Advisor, Pine Brook Road Partners LLC

Hosted By

  • Burt Alimansky, Managing Partner, Alimansky & Bethell Group, and Chairman, The Capital Roundtable

Speakers

  • Joseph S. Berry, Co-Head--Depositories, Keefe Bruyette & Woods Inc.

  • Caleb W. Burchenal, Managing Director, Berkshire Capital Securities LLC

  • Mark A. Casale, President & CEO, Essent Guaranty Inc.
  • Colin P. Cross, Senior Managing Director, Crystal Financial LLC
  • John F. Daly, President, CIT Commercial Services
  • D. James Daras, Partner, Franklin Madison Capital
  • Mitchell E. Drucker, Managing Director, Garrison Investment Group LP
  • Stephen Eisenstein, Senior Managing Director, Harvest Partners LLC

  • James Grady, Managing Director, Deutsche Asset Management Inc.
  • Neil E. Grayson, Partner, Nelson Mullins Riley & Scarborough LLP
  • Joseph G. Hissong, Executive Director, PartnerRe Principal Finance Inc.
  • Eric W. Leathers, Managing Director, Pine Brook Road Partners LLC
  • Titus W. Leung, Partner, Perella Weinberg Partners LP
  • Rob J. McCarthy, Senior Director, Alvarez & Marsal
  • James M. McCormick, President, First Manhattan Consulting Group
  • Dan R. Miller, Managing Director, Macquarie Capital (USA) Inc.
  • Warren K. Mino, President, Webster Business Credit Corp.
  • Bruce A. Morrison, Chairman, Morrison Public Affairs Group
  • Andrea L. Petro, Division Manager/EVP, Wells Fargo Capital Finance
  • Robert Radway, Chairman & CEO, NXT Capital LLC
  • Bharath T. Srikrishnan, Principal, Lee Equity Partners LLC
  • William J. Sweet, Partner, Skadden Arps Slate Meagher & Flom LLP
  • Vipul B. Tandon
  • Additional Speakers to be Announced

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Schedule

MasterClass
07:30 - 08:30

08:30 - 09:00

09:00 - 09:45

09:45 - 10:30

10:30 - 11:00
11:00 - 12:00

12:00 - 01:00
01:00 - 02:00


02:00 - 02:45
02:45 - 03:00
03:00 - 04:00

04:00 - 05:00

05:00

  

Thursday, November 4, 2010

Registration, Networking, & Continental Breakfast

Welcoming Remarks & Audience Introductions

First Keynote -- “Private Equity Investing in Financial Services Companies in the ‘New Normal’”

Second Keynote -- “The Uncertain Regulatory Environment for Private Equity Investing in Financial Services”

Coffee & Networking

First Panel -- “The Credit Crisis & the 'New Normal' -- How This “Recovery” is Different & What that Means for Private Equity Investing in Financial Services”

Networking luncheon

Second Panel -- “Dodd-Frank & Endemic Regulatory Uncertainty -- How the Regulatory Environment is Affecting Private Equity Investing in Financial Services”

Afternoon Keynote

Coffee & Networking Break

Third Panel -- “The Supply of and Demand for Specialty (non-bank) Finance in the ‘New Normal’ and the Opportunity Set for Private Equity” 

Fourth Panel -- “The Banks -- How the FDIC, Failures, Zombies, & the Need for Consolidation Should Affect Private Equity Investing”

Adjournment

 

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Registration

  • Early Bird Registration Fee -- save $400 off the standard fee! Register by Friday, September 24, and the fee for the MasterClass is $995.
  • Premiere Registration Fee -- save $200 off the standard fee! Register by Friday, October 15, and the fee for the MasterClass is $1195.
  • After that, the standard fee is $1395 for the MasterClass.
  • At the door, if space is available, the fee is $1495 for the MasterClass.
  • Special group rates -- The Capital Roundtable offers a special discount for 2 or more people.  For more info, please contact Shaina Mardinly smardinly@capitalroundtable.com or 212-832-7333 ext 103.


Click Here to Register >>    Purchase Audio Package >>

 

 Visit Audio Library >>    Add to Outlook Calendar >>


You can pay by credit card (using the links above) or by check. Mail your check and business card to: New York Business Roundtable Inc., 12 East 44 Street, Penthouse, New York, NY 10017.

If the program is oversubscribed, we will notify you immediately and not charge your credit card.  (If you need to cancel, please do so by Thursday, October 28, at 5:00pm, and we will credit you for a future MasterClass.)


From time to time, for reasons beyond Capital Roundtable's control, program schedules and speakers become subject to change.  We make every effort to announce substantive changes by email to registrants at least 48 hours in advance.

Have a special question?  Please contact Shaina Mardinly at 212-832-7333 ext.103 or by email at smardinly@capitalroundtable.com.

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Location

The University Club

Council Room -- Seventh Floor

One West 54 Street (at 5th Avenue)

New York City

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Audio Package

Can't attend but want to hear the program? You can buy the audio package along with the handouts. Purchase the audio package online now.

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Sponsorship

The Capital Roundtable offers excellent marketing and business development opportunities to reach the middle-market private-equity community. For more details, please contact Dana DeMattia at 212-832-7333 or by email at ddemattia@capitalroundtable.com.

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