MasterClassTM

Capital Roundtable

Sponsor

 

Association Partners

Research Partners

Media Partner

Partial List of
Past Attendees

21CT Inc.

Arlington Capital Partners

Aronson Capital Partners LLC

Avascent

BB&T Capital Markets | Windsor Group

BBH Capital Partners

BDO USA LLP

Behrman Capital LP

Bregal Sagemount

BV Investment Partners

Capital A Partners

Central Intelligence Agency

CIT Aerospace & Defense Finance

Civitas Group LLC

Coalfire Sytems Inc.

Comsec Consulting Ltd.

Cyber Security Solutions LLC

Fairmont Consulting Group LLC

Funk Advisory Group

Gerson Lehrman Group Inc.

Great Hill Partners LLC

GrowthPoint Technology Partners LLC

GTCR LLC

Halyard Capital Management LLC

Harris Williams & Co.

Houlihan Lokey

Hudson Fairfax Group LLC

IBM Corp.

Investcorp International Inc.

Ironwood Capital Ltd.

Ironwood Partners LLC

KippsDeSanto & Co.

Lockheed Martin Corp.

McGladrey

McLarty Capital Partners

Medina Capital

Moelis & Co. Holdings LP

Morrison & Foerster LLP

New Mountain Capital LLC

Paladin Capital Group

PKWARE Inc.

Renaissance Strategic Advisors LLC

Science Applications International Corp.

Seyfarth Shaw LLP

Sierra Vista Group LLC

Sorenson Capital

Stroz Friedberg LLC

Technology Media Advisors LLC

uReveal

Venture Management Inc.

Wave Systems Corp.

Wells Fargo Capital Finance

Whitenoise Laboratories (Canada) Inc.

 

Clear the date April 3 on your calendar!

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

Attention -- Middle-Market Private Equity

& Mezzanine Investors & Lenders

ENCORE CONFERENCE

 

Private Equity Investing

In Cybersecurity Companies

How Middle-Market Investors

Can Achieve Outsized Returns

 

Register Now

 

CHAIRED BY

Manish Thakur, Managing Partner

Hudson Fairfax Group LP

Marquis Sponsor
Benesch

 

FULL-DAY CONFERENCE

Thursday, April 3, 2014

8:00 am – 5:00 pm

At the University Club

New York City

 

Featuring 20 Expert Speakers --
Gregory N. Akers, Cisco Systems Inc.

Kevin P. DeSanto, KippsDeSanto & Co.

Bruce A. Eatroff, Halyard Capital Management LLC

Edward C. Eppler, Moelis & Co. Holdings LP
Tom Frommack, Hudson Fairfax Group LP

Adam Fuller, Bregal Sagemount

Timothy R. Garnett, Avascent

Jacqueline Guichelaar, Deutsche Bank AG

Deepak Hathiramani, Vistronix Inc.

Jack Hembrough, Application Security Inc.

Peter B. LaMontagne, Novetta Solutions LLC

Michael H. Lustbader, Arlington Capital Partners

Nicholas Pandola, Grant Thornton LLP

Katherine Priestley, Park Vale Capital Ltd.

Parag Pruthi, NIKSUN Inc.

John P. Stenbit, Retired, Department of Defense

Salvatore J. Stolfo, Red Balloon Security Inc/ Allure Security Tech. Inc

Michael D. Stovsky, Benesch

Abi Subramanian, Hudson Fairfax Group LP

Abhishek Sud, Centerview Capital Technology

Russell W. Workman, AGC Partners

 

Click Here to Register >>   Purchase Audio Package >>


 Visit Audio Library >>    Add to Outlook Calendar >>

 

Designed to Meet the Needs of GPs, LPs, & Managers of Buyout, Growth Equity, Mezzanine, and 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 |

Cybersecurity is no longer a discretionary expense for enterprise customers -- it’s a crucial investment due to significant need.  

 

Legacy systems still in operation require protection that meets current standards. New infrastructure must be deployed that’s ready for next-generation platforms. Websites must be protected from attacks, and networks must be guarded from compromise.

 

Yet while the market is rapidly growing, it’s changing at an even more rapid pace. What seems cutting edge today can be passé tomorrow.  Investors need to do extensive diligence beforehand, or partner with highly experienced advisors, to avoid expensive mistakes.


You’ll be ready to consider all these issues after you attend The Capital Roundtable’s ENCORE conference -- “Private Equity Investing in Cybersecurity Companies”-- being held in New York City Thursday, April 3.

 

From a statistical standpoint, the outlook is fantastic --

  • It’s believed that only 15-20% of all private enterprises and federal agencies have upgraded their security to the level needed to keep up with the current state of threats.
  • The size of the U.S. cybersecurity marketplace is estimated at about $65 billion today, and growing to $90 billion by 2017.
  • Over the last year, private equity and early-stage investors combined poured over $1.4 billion into the security market across 239 deals.
  • Over the past few years, it is estimated that more than $400 billion in intellectual property thefts has occurred through cyber breaches.
  • Even in a time of spending cuts, the U.S. government is increasing its expenditures on security solutions.

If there was ever a timely business niche for middle-market private equity investors to capitalize on, it’s cybersecurity.

 

Making this event even more timely is Commerce Secretary Penny Pritzker’s release of the Obama administration’s “cybersecurity framework” -- as well as Defense Secretary Chuck Hagel’s announcement that despite massive cuts in other parts of his department, the budget for cybersecurity is being expanded, mirroring a trend already underway in corporate America. 

 

This conference will explore the opportunities afforded by growing corporate and federal spending on cybersecurity, as well as the impact from potential changes following revelations about the government’s collection of data. This includes a discussion with John Stenbit, former Assistant Secretary of Defense.

 

Indeed, many high-profile transactions in the past year have demonstrated this fact -- both middle-market acquisitions, and high-visibility exits --

  • Thoma Bravo portfolio company Blue Coat System’s acquisition of Crossbeam Systems Inc., a provider of network security solutions.
  • Vista Equity Partners’ acquisition of Websense Inc., a provider of network security solutions against cyberattacks and data theft.
  • Cartesian Capital Group’s investment in redIT, a provider of physical and cyber security systems for data centers and cloud computing.
  • GTCR’s successful exit of Six3 Systems, a provider of cyber and intelligence solutions. 

Keep in mind, however, that cybersecurity is really not a “sector” of its own -- because there’s no universal definition of what “cyber” means.  The reality is that the cybersecurity marketplace is a series of small subsectors that address different parts of the overall information security space. 

 

Attend this conference, so you can hear which of these many subsectors hold today’s most promising opportunities, such as --

  • Internet Security – Companies that actively prevent Internet-based cyberattacks through web browsers and other entry points.
  • Mobile Security – Companies that guard against security breaches and malware attacks through smartphones, tablets, and other wireless portable devices -- and provide authentication and management of employee’s own personal devices.
  • Network Security – Companies that offer network protection and monitoring solutions for IT administrators and technical personnel.
  • Cloud Computing – Companies that design and implement secure cloud computing solutions.
  • Threat Mitigation – Companies that identify and remove malware and malicious code that has penetrated the network.
  • Big Data Analytics – Companies that offer analytics and data-optimizing technologies that provide network visibility and proactive intelligence to detect and stop threats.

Here are 6 important reasons you should Register Now for this encore Capital Roundtable conference, “Private Equity Investing in Cybersecurity Companies”

  • Hear the unique criteria that can help private equity cybersecurity investors find the best opportunities during 2014.
  • Listen to cybersecurity veterans highlight their successes and reveal the strategies they’re using today.
  • Understand why integrated, enterprise-wide solutions are gaining favor over collections of dedicated solutions.
  • Learn which revelations out of the current NSA controversy may provide immediate opportunities for investors.
  • Discover the rules of thumb investors are using to assess valuations in the cybersecurity marketplace.
  • Recognize just when it may be a good time to exit a growing cybersecurity company.

Register Now to Meet 20 Cybersecurity Experts

 

This conference on April 3rd will bring you three panel discussions led by our chair and featuring shared insights from top PE professionals, plus two informative keynote presentations and two informal chat discussions. You’ll hear real-world perspectives, lessons learned and industry outlooks, plus insights on managing current portfolio companies.

 

We welcome and thank the program’s Marquis Sponsor, the law firm, Benesch, represented by Michael D. Stovsky, chair of the firm’s cyber security practice. Michael will be moderating a panel of private equity dealmakers discussing how they navigate the unique issue of cybersecurity company deals.

 

Chairing this encore conference on Thursday, April 3, in New York, is Manish Thakur, managing partner at Hudson Fairfax Group LP in New York City. HFG is an independent private equity sponsor that provides growth capital to security companies focused on cyber intelligence networks and homeland security.

 

Manish has lived and worked in New York, London, and Hong Kong for nearly 20 years as a principal investor, investment banker, and chief financial officer. Prior to founding HFG, he has worked at Merrill Lynch, SG Cowen, and HSBC where his responsibilities included managing initial public offerings, private placements, mergers and acquisitions, private equity, and strategic investments.

 

Manish holds a B.Sc.(Honors) in economics from the University of London and an MBA in Finance from Columbia Business School.

 

By attending this Capital Roundtable conference, you’ll be well poised to act on the very best middle-market deal opportunities of 2014. We’ll answer questions such as --

  • Which specific subsectors of middle-market cybersecurity are likely to provide the best returns during 2014?
  • What makes the cybersecurity space so attractive for middle-market PE investors today and what factors may impact its future growth?
  • How can investors in the space avoid traps and pitfalls?
  • How are lenders approaching cybersecurity deals and what factors are behind their decisions?
  • What are the metrics and valuation guidelines that can help you judge a middle-market cybersecurity deal?
  • Will the divided U.S. Congress attempt to take a greater role in cybersecurity regulations in 2014, or continue to sit on the sidelines?
  • What are the misconceptions about middle-market cybersecurity investing -- and what is the reality?
  • How does the potential cost of “getting it wrong” affect the budgets that American corporations are devoting to cybersecurity expenditures?
  • How are companies using “Big Data” to develop new innovations and unusual approaches for cybersecurity solutions?
  • What are the best practices for improving operations in cybersecurity portfolio companies?
  • What are the most important things a firm has to get right when exiting a cybersecurity investment?

Register Now to Build Valuable Contacts Through Our Networking Opportunities

 

The day’s agenda includes ample time to let you --

  • Meet fellow attendees and featured speakers
  • Enhance your personal database with valuable connections
  • Share both ideas and business cards
  • If you’re an attorney or advisor -- meet new potential clients
  • If you work as an executive search professional -- meet potential prospects

Register Now To Receive Our Early Bird Rate

 

You will benefit from a generous discount of $400 off our regular price by making your reservations for this conference before February 7, 2014.

 

Keep in mind this conference is certain to fill up quickly, so you’ll want to register as soon as possible to assure yourself a seat. To avoid disappointment, please contact Hallie Watson today to confirm your attendance at 212-832-7300 ext. 0 or hwatson@capitalroundtable.com.

 

We look forward to having you join us on April 3rd.

 

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 conferences and other events and programs, please visit www.capitalroundtable.com.

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Faculty

Chaired By

  • Manish Thakur, Managing Partner, Hudson Fairfax Group LLC

Hosted By

  • Burt Alimansky, Chairman & CEO, The Capital Roundtable

Speakers

  • Gregory N. Akers, S.V.P.--Advanced Security Initiatives & CTO, Cisco Systems Inc.
  • Kevin P. DeSanto, Managing Director, KippsDeSanto & Co.
  • Bruce A. Eatroff, Founding Partner, Halyard Capital Management LLC
  • Edward C. Eppler, Managing Director, Moelis & Co. Holdings LP
  • Tom Frommack, Principal, Hudson Fairfax Group LP
  • Adam Fuller, Vice President, Bregal Sagemount
  • Timothy R. Garnett, Managing Director, Avascent
  • Jacqueline Guichelaar, Chief Information Officer--Global Technology & Operations, Deutsche Bank AG
  • Deepak Hathiramani, Chief Executive Officer, Vistronix Inc.
  • Jack Hembrough, Former Chief Executive Officer, Application Security Inc.
  • Peter B. LaMontagne, Chief Executive Officer, Novetta Solutions LLC
  • Michael H. Lustbader, Partner, Arlington Capital Partners
  • Nicholas Pandola, Mgr.--Business Advisory, Grant Thornton LLP
  • Katherine Priestley, Managing Partner, Park Vale Capital Ltd.
  • Parag Pruthi, Founder, Chairman & CEO, NIKSUN Inc.
  • John P. Stenbit, Retired, Department of Defense
  • Salvatore J. Stolfo, Dir.--Red Balloon Security Inc., Chief Executive Officer--Allure Security Tech. Inc
  • Michael D. Stovsky, Partner, Benesch
  • Abi Subramanian, Partner, Hudson Fairfax Group LP
  • Abhishek Sud, Principal, Centerview Capital Technology
  • Russell W. Workman, Partner, AGC Partners

 

 

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Schedule

 

  
07:30 - 8:15 Networking & Registration & Breakfast
08:15-09:00 Welcoming Remarks & Audience Introductions
09:00 - 09:30

Chairman's Keynote -- The PE Investment Outlook in Cybersecurity

  • Manish Thakur, Hudson Fairfax Group LLC
09:30-10:15 Morning Chat -- What’s Hot in Middle-Market Cybersecurity
10:15-10:45 Networking & Breakfast
10:45-11:45 Panel 1 -- Four PE Investors Discuss the Pitfalls of Investing in Cybersecurity                                              
11:45-12:30 Morning Keynote --
  • Gregory N. Akers, Cisco Systems Inc.
12:30-01:30 Networking & Luncheon
01:30-02:15 Afternoon Interview --
  • Tom Frommack, Hudson Fairfax Group LP (moderator)
  • John P. Stenbit, Retired, Dept of Defense
02:15-02:30 Networking & Dessert
02:30-03:30 Panel 2 -- Four Dealmakers Discuss How They Navigate the Unique Issues of Cybersecurity Deals
03:30-04:30

Panel 3 -- Four CEOs of PE-backed Cybersecurity Companies Share Stories from the Trenches

04:30 Networking & Adjournment

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Registration

  • Early Bird Registration Fee -- and save $400 off the standard fee! Register by Friday, February 7, and the fee for the conference is $995.
  • Premiere Registration Fee -- save $200 off the standard fee! Register by Friday, February 28, and the fee for the conference is $1195.

 

  • After that, the standard fee is $1395 for the conference.

 

  • At the door, if space is available, the fee is $1495 for the conference.

 

  • Special group rates -- The Capital Roundtable offers a special discount for 2 or more people.  For more info, please contact Hallie Watson hwatson@capitalroundtable.com or 212-832-7300 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, March 27 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 Hallie Watson hwatson@capitalroundtable.com or 212-832-7300 ext 0.

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Location

The University Club
College Hall -- First Floor
One West 54 Street (at 5th Avenue)
New York City

(Jacket and tie required)

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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

We offer excellent marketing and business development opportunities to reach the middle‑market private equity community. For more details, please contact Claire Notton at 212-832-7300 ext. 117, or by email at cnotton@capitalroundtable.com.

 

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