MasterClassTM

Capital Roundtable

 

Co-Host

Sponsor

Partial List of
Past Attendees

1stWEST Financial Corp.

2SV Capital LLC

Abundant Power Group

Allied Capital Corp.

Atreides Capital LLC

BAML Capital Access Funds

Banc of America Merrill Lynch

Bank of America

Baskin Investments

BB&T Capital Partners

BCS Placement LLC

Beekman Group LLC

Blackford Capital LLC

Boathouse Capital LP

Breakwater Investment Management LLC

Brookside Group

Capital IQ Inc.

Churchill Equity Inc.

Churchill Financial LLC

CM Equity Partners

Commerce Street Capital

Compass Group

Contemporary Healthcare Capital LLC

Council Ventures LP

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

Gemino Healthcare Finance Inc.

Generation Growth Capital Inc.

Ground Swell Equity Partners LP

Growth Capital Partners

Hahn & Hessen LLP

Haverstick Consulting

Healthcare Capital

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

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

MJ Investment

Morgan Keegan & Co.

MVC Capital Inc.

National Association of SBICs

New Stream Capital 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

Plexus Capital LLC

Presidio Investors LLC

Quabbin Capital Inc.

Quilvest USA Inc.

Regiment Capital Advisors LP

Renovus Capital

Riverside Co.

Rockland Capital

SaaS Capital Advisors

Selway Capital

Signet Healthcare

Skadden Arps

Stonebridge

Sullivan & Worcester

Summer Street Capital Partners LLC

Sunrise Equity Partners

Textron Financial Corp.

THL Credit Group LP

Tonka Bay Equity Partners LLC

Triangle Capital Corp.

U. S. Small Business Administration

US Capital Partners Inc.

V. C. Angelos Associates

Valesco Industries Inc.

Valore Murphy & Rabie

Venquest Capital

Weinberg & Bell Group

Western Reserve

 

Supporting Organizations

 

Reseach Partners

Media Partners

 

The Deal

Buyouts

Capital IQ

 

 

 

 

Clear the date March 10 on your calendar!

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

 

ENCORE MasterClass™

For Middle-Market Private Equity

& Mezzanine Investors & Lenders

 

 

SBICs --

Opportunities & Challenges

In Fundraising & Fund Management

Attendance Is Limited!

  CLICK HERE to Register Now

                         

CHAIRED BY

Jeri J. Harman, Founder & Partner

Avante Mezzanine Partners

 

Featuring 20 Expert Speakers Including --

  • Marilyn S. Adler, Sunrise Equity Partners LP
  • Brent P. W. Burgess, Triangle Capital Corp.
  • Hugh Douglas Camitta, Pepper Hamilton LLP
  • Fred G. Choate, FIS Mezzcap LP
  • Kristi W. Craig, U. S. Small Business Administration
  • E. Matthew Dwyer, Matthews Carter & Boyce PC
  • Matthew HoganBruen, BAML Capital Access Funds
  • Benjamin G. Hom, St. Cloud Capital LLC
  • Dwayne L. Hyzak, Main Street Capital Corp.
  • Kenneth E. Jones, Boathouse Capital LP
  • Glen S. Lewy, Hudson Ventures
  • Lawrence C. Manson, NexGen Capital Partners LLC
  • Brett T. Palmer, National Association of SBICs
  • Charles P. Rothstein, Beringea Inc.
  • Corey L. Sclar, Brookside Mezzanine Partners
  • Arthur A. Spivey, U. S. Small Business Administration
  • Michael B. Staebler, Pepper Hamilton LLP
  • Robert D. Taylor, Centinela Capital Partners LLC

 

Click Here to Register >>   Purchase Audio Package >>

 


 Visit Audio Library >>    Add to Outlook Calendar >>

 

FULL-DAY MASTERCLASS

Thursday, March 10, 2011

8:00 am – 5:00 pm
New York City
 

SPECIAL HALF-DAY PRE-CONFERENCE WORSKHOP (Optional)

Wednesday, March 9, 2011

The ABCs of SBICs --

From Policies to Paperwork

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 |

Thanks in large part to the economic stimulus package, Small Business Investment Companies provided record funding in 2010 to middle-market companies -- a total of $1.6 billion.  And in today’s challenging fundraising environment, interest in SBICs is higher than ever.

 

What’s more, it’s become all the more critical for SBIC funds and their LPs to understand the latest restrictions and reporting requirements all SBICs must adhere to and the impact they have on investing strategy.

 

In 2010, more than double the number of new SBICs were approved than in the prior year.  Today, there are dozens of SBIC applications in the pipeline, and while not all may be approved, it’s clear that experienced private equity and mezzanine fund managers are viewing SBIC funding as an appealing alternative to conventional fundraising.

 

The reason, of course, is simple arithmetic.  Investors can try to raise $225 million the hard way by going to institutional LPs.  Or they can ease that pain by raising $75 million themselves and getting another $150 million from the SBA by qualifying as an SBIC. 

 

Even with the flood in prospective SBICs, a more responsive attitude at the Small Business Administration is speeding the time between application and acceptance.  The SBA reports that over the past year, SBIC licenses were granted 60% faster.  

 

What’s more, since the time of The Capital Roundtable’s SBIC conference last September, the SBA has released its New Limited Partnership Agreement Model that helps reduce time and expense to applicants and their advisors.

 

However, a common mistake investors make is to overestimate how much latitude they actually have.  It takes diligent advance preparation to obtain a SBIC license, and your management team will be subject to rigid scrutiny -- their backgrounds, their track records, and more.  

 

Even if your application passes the SBA’s initial review and receives a “Go Forth” letter, you’re still faced with raising the $5 million minimum of private capital required for licensing and with meeting certain LP diversity tests.

 

So if you want to understand today’s SBIC licensing protocols and learn the latest thinking on managing SBICs for success, you’ll want to make plans now to join us for our encore full-day conference on Thursday, March 10, in New York --

 

SBICs --

Opportunities & Challenges

In Fundraising & Fund Management

 

And when you sign up now, you can take advantage of our special Early Bird Discount that makes a great conference even better.  A generous savings of $400 applies to all reservations made by February 4, 2011!

 

20 Authorities On SBICs Address Everything You Want To Know.

 

This conference will provide you with the very latest in specialized guidance, whether you’re interested in SBIC licensing or investing, seeking deal prospects, creating a non-leveraged SBIC, meeting SBA and NASBIC officials, and potential LPs, or linking up with SBIC management who can use your professional services.

 

You’ll discover how the growth in SBICs is bringing welcome relief to a difficult fundraising environment.  For example, some banks are once again funding SBICs to receive Community Reinvestment Act credit.  And public pension funds and other institutional investors are once again returning to the SBIC table.

 

In addition, you’ll find out ways to prosper as an SBIC in the face of growing competition.  It’s good to have more supply capital available for small businesses, but with the increasing number of SBIC licenses, you may be competing with others for the same deal.  Positioning yourself properly will become ever more important in the coming months, and we’ll tell you how.

 

To chair this conference, we’ve tapped one of the industry’s leading advocates, Jeri Harman, founder and partner of Avante Mezzanine Partners in Los Angeles.  Jeri is a member of the Board of Governors of NASBIC -- the National Association of Small Business Investment Companies -- and leads Avante in making mezzanine investments in lower middle-market buyouts, and acquisition and growth financings.  

 

Jeri has 28 years of financing experience, involving well over $1 billion in aggregate transactions.  Prior to founding Avante, she built and led Los Angeles offices for both American Capital and more recently Allied Capital, where she was also a member of Allied's Investment Committee.  

 

Prior to American Capital, Jeri was a managing director at First Security Van Kasper and Coopers & Lybrand, and also held various senior level positions at Prudential Capital.  She received her BA from the University of Wisconsin--Milwaukee and her MBA from the University of California--Berkeley.

 

Along with Jeri, our brand-new panel presentations will feature 20 very knowledgeable SBIC experts, including GPs, LPs, lenders, U.S. Small Business Administration officials, attorneys, consultants and more.  They’ll cover the steps to take for keeping licensing and fundraising on the fast track -- including how to navigate the new model LPA.

 

Register now to receive candid answers to your real-world questions --

  • Why has there been such a surge in SBIC applications, and what are the ramifications?
  • How can SBIC status aid GPs in this difficult fundraising environment?
  • Are banks ready to invest in SBICs once again?
  • What kind of appetite do public pension funds and other institutions have for SBICs?
  • Have recent changes at the SBA been positive for SBIC investment?
  • What impact do the changes in the new model LP agreement have?
  • What are the potential red flags in the SBA’s eyes that can scuttle an application?
  • When should you expect to receive a “Go Forth” letter?  When may you receive final approval?
  • Will SBA resources be strained in the future as the SBIC universe expands?
  • And much, much more.

 

Networking Opportunities Make All This Learning Personal.

 

Our past SBIC conferences have been filled to capacity, and one-on-one access to our distinguished panel is a good reason why.  We’ve built in plenty of time over the day when you can meet fellow attendees and featured speakers, including session breaks and an open lunch.

 

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 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 private equity industry.

We also encourage you to attend our afternoon pre-conference Workshop the day before on Wednesday, March 9 --

 

The ABCs of SBICs --

From Policies to Paperwork

 

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 February 4, 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 and Matthews Carter & Boyce PC 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

  • Jeri J. Harman, Founder & Partner, Avante Mezzanine Partners

Hosted By

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

Speakers

  • Marilyn S. Adler, General Partner, Sunrise Equity Partners LP
  • Brent P. W. Burgess, Managing Director & CIO, Triangle Capital Corp.
  • Hugh Douglas Camitta, Of Counsel, Pepper Hamilton LLP
  • Fred G. Choate, Managing Director & CEO, FIS Mezzcap LP
  • Kristi W. Craig, Senior Investment Officer, U. S. Small Business Administration
  • E. Matthew Dwyer, Principal, Matthews Carter & Boyce PC
  • Matthew HoganBruen, Managing Director, BAML Capital Access Funds
  • Benjamin G. Hom, Managing Director, St. Cloud Capital LLC
  • Dwayne L. Hyzak, Senior Vice President, Main Street Capital Corp.
  • Kenneth E. Jones, Managing Partner, Boathouse Capital LP
  • Glen S. Lewy, Senior Managing Director, Hudson Ventures
  • Lawrence C. Manson, Chairman & CEO, NexGen Capital Partners LLC
  • Brett T. Palmer, President, National Association of SBICs
  • Charles P. Rothstein, Senior Managing Director, Beringea Inc.
  • Corey L. Sclar, Managing Director, Brookside Mezzanine Partners
  • Arthur A. Spivey, Chief--SBIC Licensing Unit, U. S. Small Business Administration
  • Michael B. Staebler, Partner, Pepper Hamilton LLP
  • Robert D. Taylor, Partner, Centinela Capital Partners LLC

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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

04:45

  

Wednesday, March 9 , 2011
Registration & Networking

"The ABCs of SBICs -- From Policies to Paperwork" (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.)

Thursday, March 10, 2011
Registration, Networking, & Continental Breakfast

Welcoming Remarks & Audience Self-Introductions

Introductory Keynote -- “The SBIC Program in Transition -- Key Issues Facing the Industry”

Chairman’s Keynote -- “Voice of Experience -- Lessons Learned from a New SBIC in Fundraising & Managing an SBIC

Coffee & Networking Break

First Panel -- Five Experienced GPs & LPs Report Lessons They Learned in Licensing, Launching & Funding SBICs

Networking Luncheon

Afternoon Keynote

Second Panel -- Report from the Trenches -- New Legislative & Administrative Developments in Washington & the SBA -- Their impact on SBICs

Third Panel -- “What SBICs Need to Know to Successfully Manage Their Fund -- Perspectives from Professional Service Advisors & Experienced GPs”

Coffee & Networking Break

Fourth Panel -- “Best Practices for Successful SBICs -- From Fundraising to LP & SBA Relations to Investment Strategies & Portfolio Management

Networking & Adjournment

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Registration

  • Early Bird Registration Fee -- and save $400 off the standard fee! Register by Friday, February 4, 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, February 18, 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 Thursday, March 3 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

Workshop -- September 9th

The University Club

Ninth Floor

One West 54 Street (at 5th Avenue)

New York City

MasterClass -- September 10th

The University Club

College Hall -- First 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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