MasterClassTM

Capital Roundtable

Co-Host

Sponsors

Partial List of
Past Attendees

2SV Capital LLC

Allied Capital Corp.

Atreides Capital LLC

Bank of America

Baskin Investments

BB&T Capital Partners

BCS Placement LLC

Blackford Capital LLC

Boathouse Capital LP

Brookside Group

Churchill Equity Inc.

CM Equity Partners

Commerce Street Capital

Compass Group

D. E. Shaw & Co. LP

Dechert LLP

Dewey & LeBoeuf LLP

DLA Piper US LLP

Environmental Capital

Federal One Holdings

Fortress Investment Group LLC

Founders Equity Inc.

Gemini Investors

Generation Growth Capital Inc.

Growth Capital Partners

Hahn & Hessen LLP

Haverstick Consulting

Healthcare Capital

HSBC Capital (USA) Inc.

ING Capital LLC

Investigative Management Group

J. P. Morgan Chase

Kidd & Co. LLC

KPMG LLP

Larsen MacColl Partners

Loeb & Loeb LLP

Lone Star Investment Advisors LLC

Lucas Group Inc.

Luther King Capital

Main Street Capital Corp.

Matthews Carter & Boyce PC

McGladrey

Medley Capital LLC

MidCap Financial LLC

Morgan Keegan & Co.

National Association     Of SBICs

New Stream Capital LLC

P & M Corporate Finance

Patriot Capital LP

Patton Boggs LLP

Pepper Hamilton LLP

Perseus LLC

Presidio Investors LLC

Quabbin Capital Inc.

Quilvest USA Inc.

Renovus Capital

Riverside Co.

SaaS Capital Advisors

Selway Capital

Signet Healthcare

Skadden Arps

Stonehenge Partners

Sullivan & Worcester

Textron Financial Corp.

THL Credit Group LP

Triangle Capital Corp.

U. S. Small Business Administration

V. C. Angelos Associates

Valesco Industries Inc.

Venquest Capital

Weinberg & Bell Group

Western Reserve Partners LLC

Supporting Organizations

Research Partners

 

Media Partners

 

The Deal

Buyouts

Capital IQ

Clear the date September 15 on your calendar!

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

 An Exceptionally Timely

Encore MasterClass™

For SBIC Investors, Advisors, & Applicants

 

SBICs After Regulatory Reform --

The Latest Word on Legislative, Regulatory,

& Funding Provisions Now in Progress --

How to Get All the Advantages,

& Why PE Firms & Institutions Are Lining Up

 

  Attendance Is Limited!

  CLICK HERE to Register Now

                         

CHAIRED BY

James J. Goodman, President

Gemini Investors

Featuring 20 Expert Speakers Including --

  • Marilyn S. Adler, Sunrise Equity Partners LP
  • Hugh Douglas Camitta, Pepper Hamilton LLP
  • E. Matthew Dwyer, Matthews Carter & Boyce PC
  • Vincent D. Foster, Main Street Capital Corp.
  • Harry E. Haskins, U. S. Small Business Administration
  • Paul J. Huston, Hudson Ferry Capital LLC
  • Douglas A. Korey, Contemporary Healthcare Capital LLC
  • Lawrence C. Manson Jr., NexGen Capital
  • Charles P. McCusker, Patriot Capital LP
  • Michael P. McQueeney, Summer Street Capital Partners LLC
  • Jerome S. Oldham, 1stWEST Financial Corp.
  • Michael K. Painter, Plexus Capital LLC
  • Brett T. Palmer, National Association of SBICs
  • Edward J. Powers, BAML Capital Access Funds
  • James T. Rich, Gemini Investors
  • Molly S. Simmons, Tonka Bay Equity Partners LLC
  • Arthur A. Spivey, U. S. Small Business Administration
  • Michael B. Staebler, Pepper Hamilton LLP

Click Here to Register >>   Purchase Audio Package >>


 Visit Audio Library >>    Add to Outlook Calendar >>

 

FULL-DAY CONFERENCE

Wednesday, September 15, 2010

8:00 am – 5:00 pm
New York City
 

SPECIAL HALF-DAY PRE-CONFERENCE WORSKHOP (Optional)

Tuesday, September 14, 2010

Launching a New SBIC in 2011 Amid New Rules --

The Basics & the Nuances

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 |

With private equity fundraising continuing to be a tough challenge, and new restrictions on bank investments, more and more fund managers and bank executives are eyeing Small Business Investment Company licenses -- with good reason.

 

Say you’re a fund manager, and you play by Uncle Sam’s rules, you can obtain twice the amount of the private capital you raise, at incredibly favorable SBA rates. And if you’re a bank wondering how to continue your investment program in American small companies, you can obtain other unique benefits as well.

 

And these potential advantages of SBICs may well get even better in the weeks to come. In the current legislative whirlwind, there are multiple initiatives in committee and being readied for final votes that can change the game of middle-market investing.

 

That’s why The Capital Roundtable isn’t waiting until 2011 to revisit the SBIC industry. Our SBIC conference this past March was filled to capacity, and we never like turning people away. Moreover, this summer’s pending new rules are certain to make SBICs the talk of fall.

 

So the timing couldn’t be better for our upcoming full-day conference, being held all day Wednesday, September 15, in New York City --

 

SBICs After Regulatory Reform --

The Latest Word on Legislative, Regulatory,

& Funding Provisions Now in Progress

How to Get All the Advantages,

& Why PE Firms & Institutions Are Lining Up

 

By the time you read this, there will likely be new news to report -- and indeed, please continue to visit us online as we keep up with the changes that are adopted.

 

This conference will be a prime opportunity to understand how the new legislation affects existing SBICs, the licensing of new SBICs, and the ways SBICs can be managed for maximum success in 2011 and beyond.

 

And by making your attendance plans today, you can assure yourself both a comfortable seat and a substantial discount. Sign up right now, and you will be entitled to a $400 Early Bird Savings!

 

The Times -- & Rewards -- Are Changing.

 

Four key proposals are now in play, and each of them, with final passage, will significantly affect the SBIC landscape.

 

First, the recently passed Senate version of the SBIC Modernization Act is now being reconciled with the previously passed House version. If and when the final bill is signed by President Obama, the amount of leverage available to SBICs may rise to $350MM from the present $225MM. In addition, existing SBICs will have an easier path for obtaining additional licenses.

 

Next, the Small Business Jobs Tax Relief Act recently passed by the House includes a 100 percent capital gains exclusion for stock in qualified small business companies held for four years. This would also allow SBICs to avoid the carried interest tax being proposed as a line item in the Federal budget for eligible investments. The bill is now in Senate conference, and if passed and signed into law would have a major positive impact on middle-market PE investment, affecting SBICs and non-SBICs alike.

 

Third, the Obama Administration’s Financial Reform legislation now in committee contains the proposed “Volcker Rule” that would prohibit banks from backing most private equity funds and hedge funds -- but with an exemption for SBIC investments. If passed as expected, this would make SBICs one of the only ways for banks to participate in private equity, and open the door for a raft of new non-leveraged SBICs formed by banks.

 

Lastly, a new statute currently in the legislative process would create a new equity program for early-stage companies, funded by a one billion dollar appropriation administered by the SBA. While not labeled as an SBIC, it would essentially be a first cousin, with similar regulations and similar licensing requirements.

 

With so much in flux, this full-day SBIC conference on Wednesday, September 15, will be ground zero for everyone seeking clarification, counsel, and candid insights on operating as an SBIC.

 

Whether you’re interested in SBIC licensing or investing, seeking deal prospects, creating a non-leveraged SBIC, meeting SBA and NASBIC officials, or linking up with SBIC management who can use your professional services, you won’t want to miss this one-of-a-kind event.

 

Most of all, you won’t want to hear all our seats are filled -- so please register now.

 

20 Specialized Experts on SBICs Speak Their Minds.

 

To guide you through all of these challenges and opportunities, The Capital Roundtable is pleased to welcome as our chair Jim Goodman, president of Gemini Investors, a leading private equity firm headquartered in Wellesley, Massachusetts, with investments in 80 middle-market companies. Jim and his partners have been granted five SBIC licenses over the last 15 years.

 

Gemini was named the 2009 SBIC of the Year by the Small Business Administration in recognition for their excellent performance during the economic recovery.

 

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 SBIC practice. Mike ran an SBIC for six years and has represented more than 180 licensed SBICs since 1972.

 

In addition, you’ll have plenty of time during the day to network with our featured speakers plus your fellow attendees. At both scheduled breaks and a working lunch, you’ll be able to pose real-world questions like these --

  • What is the current status of SBIC bills still in committee, and what are the ramifications of newly passed legislation?
  • What are the key mistakes firms make most frequently when seeking SBIC licensing?
  • Should your bank establish an unleveraged SBIC?
  • Can you expect increases in the capital available to SBICs, and how much capital can you likely access?
  • What are the immediate benefits to investors from changed SBIC rules, and what will be the picture down the road?
  • Will SBIC licensing affect your capability to pursue larger deals?
  • What characteristics are required by the SBA for SBIC’s management team?
  • What is different about following SBA rules versus conventional PE management techniques?
  • And much, much more.

 

For First-Timers & Experienced SBIC Teams Alike.

 

This conference from The Capital Roundtable brings you a comprehensive view of everything SBIC investors need to know -- both the formal rules and the unwritten how-to’s that make for easier navigation and successful applications.

 

We’re America’s leading conference organization for the middle-market private equity community, and our mission is to be first with the information that propels investors forward.

 

You should attend this conference if you are a --

  • GP who wants to leverage your private capital by the power of two.
  • 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 want 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 Tuesday, September 14 --

 

Launching a New SBIC in 2011 Amid New Rules --

The Basics & the Nuances

 

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 Friday, August 6, and you’ll save $400 off our standard fee! So 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 is grateful to its co-host, Pepper Hamilton LLP, and its sponsors, Matthews Carter & Boyce PC, and 1stWEST Financial Corp. 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.

^ Back to Top ^

Faculty

Chaired By

  • James J. Goodman, President, Gemini Investors

Hosted By

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

Speakers

  • Marilyn S. Adler, General Partner, Sunrise Equity Partners LP
  • Hugh Douglas Camitta, Of Counsel, Pepper Hamilton LLP
  • E. Matthew Dwyer, Principal, Matthews Carter & Boyce PC
  • 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
  • Douglas A. Korey, Managing Director & Partner, Contemporary Healthcare Capital LLC
  • Lawrence C. Manson Jr., Chairman & CEO, NexGen Capital

  • Charles P. McCusker, Managing Partner, Patriot Capital LP

  • Michael P. McQueeney, Managing Partner, Summer Street Capital Partners LLC
  • Jerome S. Oldham, Chairman & CEO, 1stWEST Financial Corp.
  • Michael K. Painter, Principal, Plexus Capital LLC
  • Brett T. Palmer, President, National Association of SBICs
  • Edward J. Powers, Managing Director, BAML Capital Access Funds
  • James T. Rich, Managing Director, Gemini Investors
  • Molly S. Simmons, Principal, Tonka Bay Equity Partners LLC
  • Arthur A. Spivey, Chief--SBIC Licensing Unit, U. S. Small Business Administration
  • Michael B. Staebler, Partner, Pepper Hamilton LLP

^ Back to Top ^

Schedule

Workshop

01:30 - 02:00

02:00 - 05:00








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

05:00

  

Tuesday, September 14, 2010
Registration & Networking

"Launching a New SBIC in 2011 Amid New Rules -- The Basics & the Nuances" (Led by Michael B. Staebler of Pepper Hamilton LLP, the "dean" of the SBIC legal community. This workshop reviews in detail every step on the path to successfully winning an SBIC license. He and his panelists also review why it's worth the effort to create an SBIC, how to comply with the written regs (as well as the unwritten ones!), and what legal nuances are most important in managing an SBIC.)


Wednesday, September 15, 2010

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 -- "Voice of Experience -- Pros & Cons of Managing an SBIC in 2011

Coffee & Networking Break

First Panel -- "Four Experienced GPs & LPs Report Lessons They Learned in Licensing, Launching, & Funding SBICs"
Luncheon & Networking

Afternoon Keynote
Second Panel --What New Applicants Might Expect from the Obama Administration -- Feedback from the Beltway
Third Panel -- “Dealing with Regulatory & Legislative Issues -- Perspectives from Professional Service Advisors & an Experienced GP”

Coffee & Networking Break

Fourth Panel -- "Unique Issues of Building & Managing an SBIC Portfolio, Leveraged with SBIC Financing”

Networking & Adjournment

^ Back to Top ^

Registration

  • Early Bird Registration Fee -- save $400 off the standard fee! Register by Friday, August 6, 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 27, 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 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 Wednesday, 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.103 or by email at smardinly@capitalroundtable.com.

^ Back to Top ^

Location

Private club in midtown Manhattan

^ Back to Top ^

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.

^ Back to Top ^

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.

^ Back to Top ^