MasterClassTM

Capital Roundtable

 

 

Co-Host

 

Sponsors

 

Partial List of
Past Attendees

1stWEST Financial

2SV Capital LLC

Abundant Power Group

Allied Capital Corp.

Atreides Capital LLC

Avante Mezzanine Partners

BAML Capital Access Funds

BB&T Capital Partners

BCS Placement LLC

Beekman Group LLC

Beringea LLC

Bill & Melinda Gates Foundation

Blackford Capital LLC

Boathouse Capital LP

Breakwater Investment Management LLC

Brookside Group

Brookside Mezzanine Partners

CantorAdvisors

Centinela Capital Partners LLC

Cerca Group LLC

Churchill Equity Inc.

Churchill Financial LLC

CM Equity Partners

Commerce Street Capital

Compass Group

Consumer Growth Partners

Contemporary Healthcare Capital LLC

Council Ventures LP

D. E. Shaw & Co. LP

Dechert LLP

Dewey & LeBoeuf LLP

Diamond Ventures LLC

DLA Piper US LLP

Dolphin Capital Group

Environmental Capital

F. N. B. Capital Corp. LLC

Fairview Capital Partners

Federal One Holdings

FIS Mezzcap LLC

Fortress Investment Group LLC

Founders Equity Inc.

GarMark Advisors LLC

Gemini Investors

Gemino Healthcare Finance Inc.

Generation Growth Capital Inc.

Grant Thornton LLP

Ground Swell Equity

Partners LP

Growth Capital Partners

GulfStar Group

Hahn & Hessen LLP

Haverstick Consulting

Healthcare Capital

HighPoint Capital

Management LLC

HSBC Capital (USA) Inc.

Hudson Ferry Capital LLC

Hudson Venture Partners

i-Hatch Ventures LLC

Independent Commercial Services Inc.

Ineo Capital LLC

ING Capital LLC

Innovation Accelerator

Investigative Management Group

J. P. Morgan Chase

J2 Partners Inc.

Karsten Associates

Kidd & Co. LLC

KPMG LLP

Larsen MacColl Partners

Loeb & Loeb LLP

Lone Star Investment Advisors LLC

Long Point Capital Inc.

Lucas Group Inc.

Luther King Capital

Main Street Capital Corp.

Marlin Equity Partners

Matthews Carter & Boyce PC

McGladrey

McGuireWoods LLP

Medley Capital LLC

Method Advisors LLC

MidCap Financial LLC

Mintz Levin Cohn Ferris Glovsky & Popeo PC

Morgan Keegan & Co.

MVC Capital Inc.

National Association of SBICs

New Stream Capital LLC

New Trier Partners LLC

NexGen Capital Partners

P & M Corporate Finance

Pacific Community Ventures LLC

Palm Beach Capital

Patriot Capital LP

Patton Boggs LLP

Peachtree Equity Partners

Pepper Hamilton LLP

Perseus LLC

PitchBook Data Inc.

Plexus Capital LLC

Presidio Investors

Quabbin Capital Inc.

Quilvest USA Inc.

Regiment Capital Advisors LP

Renovus Capital

Ridgewood Energy

Riverside Co.

Rockland Capital

SaaS Capital Advisors

SAP America Inc.

Selway Capital

Signet Healthcare

Skadden Arps

St. Cloud Capital LLC

Steelpoint Capital Partners LP

Stonebridge

Strategy Leaders Inc.

Sullivan & Worcester

Summer Street Capital Partners LLC

Sunrise Equity Partners

Textron Financial Corp.

Thermo Credit LLC

THL Credit Group LP

Thomas Capital Group

Tonka Bay Equity Partners LLC

Triangle Capital Corp.

TWJ Capital LLC

U. S. Small Business Administration

US Capital Partners

V. C. Angelos Associates

Valesco Industries

Venquest Capital

Weinberg & Bell Group

Western Reserve

 

Supporting Organizations

Research Partners

Capital IQ

mergermarket

Media Partners

The Deal

 

 

 

 

 

Clear the date September 15 on your calendar!

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

An Encore MasterClass™

For Middle-Market Private Equity

 & Mezzanine Investors & Lenders

 

SBICs Are on a Roll --

More Capital, More Choices

New Considerations for PE Investors

On Licensing & Growing an SBIC

 

  Attendance Is Limited!

  CLICK HERE to Register Now

                         

CHAIRED BY

Douglas A. Korey, Managing Director

Contemporary Healthcare Capital LLC

 

Featuring 20 Expert Speakers Including --

  • Marilyn S. Adler, Sunrise Equity Partners LP
  • Hugh Douglas Camitta, Pepper Hamilton LLP
  • Kristi W. Craig, U.S. Small Business Administration
  • E. Matthew Dwyer, Matthews, Carter & Boyce
  • Vincent D. Foster, Main Street Capital Corp.
  • Harry E. Haskins, U.S. Small Business Administration
  • Paul J. Huston, Hudson Ferry Capital LLC
  • Kenneth E. Jones, Boathouse Capital LP
  • Jane Morris, Veritage Group LLC
  • Jerome S. Oldham, 1stWEST Financial Corp.
  • Michael K. Painter, Plexus Capital LLC
  • Brett T. Palmer, National Association of SBICs
  • Thomas J. Rest, Credit Suisse Securities (USA) LLC
  • Charles P. Rothstein, Beringea LLC
  • Michael B. Staebler, Pepper Hamilton LLP
  • Darren A. Williams, Ariane Capital Partners LLC


 

Click Here to Register >>   Purchase Audio Package >>

 


 Visit Audio Library >>    Add to Outlook Calendar >>

 

FULL-DAY MASTERCLASS

Thursday, September 15, 2011

8:00 am – 5:00 pm
New York City 

SPECIAL HALF-DAY PRE-CONFERENCE WORSKHOP (Optional)

Wednesday, September 14, 2011

The Strategic Decision to Become an SBIC

2:00 pm – 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 |

Here’s some good news coming out of Washington -- much welcome after all the turmoil in June and July.

 

First, to help boost middle-market companies, the Small Business Administration and Congress are considering some exciting possible new enhancements to the highly-regarded SBIC program -- a new type of SBIC that can invest equity in early-stage companies, a new higher ceiling on the capital available to SBICs, and special new funding for renewable energy initiatives by SBIC’s portfolio companies.

 

Second, if your management team qualifies, SBA has dramatically sped up its licensing process both for new funds and existing licensees wishing to form new SBICs.

 

And third, none of these enhancements will be at all affected by the August 2nd debt crisis resolution.  Did you know that the Small Business Investment Company program actually turns a profit?  It channels billions of dollars into smaller middle-market companies, all coming from sales of debentures to institutional investors, zero from taxpayers’ wallets.  (Only the hard-working administrators are paid by the government.)

 

In FY2010, the SBIC program issued $1.17 billion in new commitments to SBICs -- and they in turn funneled $2.05 billion into their portfolio companies.  The way it works is that the SBA provides SBICs with incremental funding of 200% (occasionally 300%) of what their GPs have raised from private commitments.

 

          All this is heating up GPs’ interest in SBICs.  To understand how to meet the

          latest challenges facing both current SBICs and new SBIC applicants, you’ll

          want to make plans now to join us for our encore full‑day conference on

          Thursday, September 15, in New York --

 

SBICs Are on a Roll --

More Capital, More Choices

New Considerations for PE Investors

On Licensing & Growing an SBIC

 

          And when you sign up now, you can take advantage of our special Early Bird

          Discount that puts capital back into your pocket.  A generous savings of

          $400 applies to all reservations made by August 5, 2011!

 

As mentioned, one of the SBA’s new ideas that you’ll hear all about at our conference is the brand-new “early stage SBIC” designed to commit a billion dollars in equity capital over the next five years to special new SBICs that are formed exclusively to invest in venture deals.  This initiative is expected to be launched in late 2011 and enable participants to support high-growth entrepreneurial companies.

 

Another new project you’ll hear about is “renewable energy debentures” that the SBA will make available to existing SBICs.  Final regulations are expected to be issued by the end of the year, and will enable existing SBICs to more readily acquire equity securities in qualified portfolio companies.

 

What’s more, the National Association of SBICs is working with Congress to raise the amount of available funding for experienced SBIC managers to $200 million per SBIC and $350 million for a group of commonly managed SBICs.  It’s an initiative that’s being closely watched and would be welcome news for both new and current SBIC investors.

 

Yet SBICs are not for everyone.  The licensing standards require at least two principal managers with five years of partner level experience making similar investments, with strong proven track records.  SBA also examines the prior record of team members working together to determine if the SBIC will have a cohesive management.

 

While management teams need to learn to live in a regulatory environment, experienced SBIC managers have found that if you play by both the spirit, as well as the letter of the regulations, the SBA is a good partner.  And the benefits to investor returns can be dramatic.  As a result, a significant number of management teams have formed second, third and fourth SBIC funds.

 

         The place to hear what lies ahead for SBICs is -- as always -- The Capital

         Roundtable. 

 

         Please put Thursday, September 15, 2011 on your calendar today, and make

         plans to join us in New York City.

 

Offering totally fresh content, this conference will cover all the recent enhancements to the SBIC program and identify new directions for the remainder of 2011 plus 2012.  Whether you’re interested in SBIC licensing or investing, seeking deal prospects, meeting SBA and NASBIC officials, or linking up with SBIC managers who can use your professional services, it is the place to be this fall.

 

For example, you’ll get the big picture on SBICs and Community Reinvestment Act credit -- and how to assure this perk does not become a bone of contention.  While investments in SBICs are eligible for full Community Reinvestment Act credit regardless of location, FDIC regulators have sometimes challenged banks.  We’ll provide the information you need to get these credits coming.

 

For another example, you’ll find out the mistakes that new SBICs often make, and how you can avoid them through careful positioning of your company and working closely with your assigned SBA analyst.  Done right, the SBIC program is a tremendous boon for PE investors, and will only become more prized as traditional capital stays hard-to-get.

 

Doug Korey, Mike Staebler, and 20 Other SBIC Authorities

Explain All The Ways You Can Benefit.

 

To chair this conference, we’ve tapped a well-known SBIC champion, Doug Korey, managing director of Contemporary Healthcare Capital -- the 2010 SBIC of the Year.  Doug is responsible for the day-to-day management and oversight of three licensed Small Business Investment Companies.

 

Doug has over 20 years of structured finance experience and has originated and closed over $600 million of mezzanine, senior mortgage, and equity healthcare transactions in his career.  Prior to Contemporary Healthcare Capital, Doug was president of Dynex Healthcare Inc., and formed the first long-term care mezzanine fund in the country at Ziegler Capital Co.  He also worked for Alex. Brown & Sons Inc. and AMBAC Indemnity Corp.  Doug holds degrees from Ursinus College and New York University.

 

Along with Doug, our panel presentations will feature 20 highly knowledgeable SBIC experts, including GPs, lenders, U.S. Small Business Administration administrators, attorneys, consultants and more.  They’ll bring you the tips and techniques for successfully raising PE funds with a new or additional SBIC.

 

And to bring you expert counsel from a legal perspective, our introductory keynote speaker is Michael B. Staebler, of Pepper Hamilton LLP, the country’s largest and most active Small Business Investment Company practice.  Mike ran an SBIC for six years and has represented more than 190 licensed SBICs since 1972.

 

Register now for the answers to your most pressing questions --

  • Will the boom in SBIC funding brought on by favorable regulatory changes continue in 2011-2012?
  • What are the biggest challenges facing private equity firms in their quest to gain SBIC licensing?
  • How can SBICs prosper in the face of growing competition?
  • How can you convince your investors that their money is going into sound creditworthy investments?
  • Who will benefit from the planned Early Stage funding program?
  • What can you do to build a team that will meet SBA criteria?
  • What are the potential red flags in the SBA’s eyes that can scuttle an application?
  • Which way is Congress leaning toward raising the fund limit on management groups?
  • What are the key mistakes firms frequently make when seeking SBIC licensing, and how can you put the odds in your favor?
  • Are there obstacles to banks receiving full Community Reinvestment Act credit for their SBIC investments? How can they be surmounted?
  • And much, much more.

Even Our Networking Opportunities Are Comprehensive.

 

We’ve built in plenty of time over the day when you can meet fellow attendees and featured speakers, swap business cards, and make valuable connections.  With both scheduled session breaks and an open lunch, you’ll have one-on-one access to the people you want to meet -- a good reason why all seats have been filled at our past SBIC conferences.

 

You should attend this conference if you are a --

  • GP who wants to leverage your private capital by the power of two -- or more.
  • GP interested in finding out if your team is eligible for SBIC licensing.
  • LP interested in making investments in the lower middle-market.
  • LP who wants to meet the leading participants in the SBIC space.
  • Banker who wants to assess the possibilities of creating a non-leveraged SBIC -- or is considering investing in SBICs and needs Community Reinvestment Act credit.
  • Pension or Endowment fund manager who wants to invest in a leveraged fund without incurring Unrelated Business Income Tax.
  • Advisor or consultant to GPs or LPs on SBICs.
  • Attorney who advises SBICs.
  • Executive search professional recruiting for the PE industry.

 

We also encourage you to attend our afternoon pre-conference Workshop the day before on Wednesday, September 14 --

 

The Strategic Decision to Become an SBIC

 

This optional workshop is ideal for attendees who are new to Small Business Investment Companies, and will go into greater detail on the specific procedures for getting started.

 

Remember, register with our Early Bird Discount by August 5, 2011, and you’ll save $400 off our standard fee!  Seats are available right now, but not for long, so 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 Shaina Mardinly at 212-832-7333 ext. 0 or smardinly@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 30 annual MasterClasses and other events and programs, please visit www.capitalroundtable.com.

The Capital Roundtable thanks Pepper Hamilton LLP 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

Chaired By

  • Douglas A. Korey, Managing Director, Contemporary Healthcare Capital LLC

Hosted By

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

Speakers

  • Marilyn S. Adler, Managing Partner, Sunrise Equity Partners LP
  • Hugh Douglas Camitta, Of Counsel, Pepper Hamilton LLP
  • Kristi W. Craig, Senior Investment Officer, U. S. Small Business Administration
  • E. Matthew Dwyer, Principal, Matthews, Carter & Boyce
  • Vincent D. Foster, Chairman & CEO, Main Street Capital Corp.
  • Harry E. Haskins, Deputy Associate Administrator, U. S. Small Business Administration
  • Paul J. Huston, Partner, Hudson Ferry Capital LLC
  • Kenneth E. Jones, Managing Partner, Boathouse Capital LP
  • Jane Morris, Managing Director, Veritage Group LLC
  • Jerome S. Oldham, Chairman & CEO, 1stWEST Financial Corp.
  • Michael K. Painter, Principal, Plexus Capital LLC
  • Brett T. Palmer, President, National Association of SBICs
  • Thomas J. Rest, Vice President, Credit Suisse Securities (USA) LLC
  • Charles P. Rothstein, Senior Managing Director, Beringea LLC
  • Michael B. Staebler, Partner, Pepper Hamilton LLP
  • Darren A. Williams, Managing Director, Ariane Capital Partners LLC
  • Additional Speakers To Be Announced

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Schedule

 

MasterClass
07:30 - 08:15
08:15 - 08:45
08:45 - 09:45

09:45 - 10:30

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

12:00 - 01:00
01:00 - 01:30
01:30 - 02:30

02:30 - 03:30


03:30 - 03:45
03:45 - 04:45


04:45

  

Thursday, September 15, 2011

Registration, Networking, & Continental Breakfast

Welcoming Remarks & Audience Introductions

Introductory Keynote -- “Top Key Issues & Trends Facing SBICs,
& Their Implications for Middle-Market Dealmaking”

Chairman's Keynote -- “Strong, Stable, & Successful -- The 2012 Outlook on Fundraising & Managing SBICs”

Coffee & Networking Break
First Panel -- “Lessons Learned -- Four Experienced GPs & LPs Discuss Their Experiences With Licensing, Launching, & Funding SBICs”

Luncheon & Networking

SBA Keynote

Second Panel -- “Feedback From Inside the SBA – Enhancements & Directions for 2012” 

Third Panel -- “Perspectives on Legislation -- Briefing from Veteran Advisors & GPs on Recent & Upcoming Regulations

Coffee & Networking Break

Fourth Panel -- “Close-Up on Best Practices -- Savvy Ways to Fund & Manage an SBIC Portfolio” 

Networking & Adjournment

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Registration

  • Early Bird Registration Fee -- and save $400 off the standard fee! Register by Friday, August 5, and the fee for the MasterClass is $995 -- or $1295 for the MasterClass & Workshop.

  • Premiere Registration Fee -- save $200 off the standard fee! Register by Friday, August 26, and the fee for the MasterClass is $1195  -- or $1495 for the MasterClass & Workshop.
  • After that, the standard fee is $1395 for the MasterClass -- or $1695 for the MasterClass & Workshop.
  • At the door, if space is available, the fee is $1495 for the MasterClass -- $1795 for the MasterClass & Workshop.
  • 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 0.


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, September 8 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.0 or by email at smardinly@capitalroundtable.com.

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Location

Private club in midtown Manhattan

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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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