MasterClassTM

Capital Roundtable

Law Firm Sponsor:


Winston Strawn

Past Attendees:

AEGON USA Investment Management LLC

Behrman Capital LP

Canyon Capital Advisors

Capital Resource Partners Inc.

CapitalSource Finance

Charter Oak Capital Partners LP

CIT Business Credit Inc.

ComVest Investment Partners

Enable Capital Management LLC

Falcon Investments LLC

Francisco Partners

FriedbergMilstein LLC

Friedman Billings Ramsey & Co. Inc.

GESD Capital Partners

GMB Mezzanine Capital

Greywolf Capital LP

Hercules Technology Growth Capital Inc.

Industrial Growth Partners LLC

Key Principal Partners

Laminar Direct Capital

Lee Equity Partners LLC

Marshall Bank First Corp.

Optimum Capital

PNC Business Credit Corp.

Tennenbaum Capital Partners LLC

U. S. Air Force

Union Bank of California

 

Partner

Practising Law Institute

Media Partners

Buyouts

The Deal

VC Experts

Capital IQmergermarket

Third Annual West Coast
MEZZANINE FINANCE MASTERCLASS™

Despite Challenges, Mezz Thrives  --
Learn New Strategies, New Firms, Best Deals

Featuring 18 Expert Speakers

Attendance for This Program is Limited--
Register Now


Click Here to Register >>     Forward to a Colleague >>

FULL-DAY MASTERCLASS
Wednesday, February 28, 2007
8:00 am - 5:00 pm

San Francisco

HALF-DAY PRE-MASTERCLASS WORKSHOP (Optional)
Mezzanine and Second Lien Structures --
Intercreditor and Bankruptcy Issues



Tuesday, February 27, 2007

2:00 pm - 5:00 pm

Earn CLE Credits

Designed to Meet the Needs of GPs & LPs of Buyout, Venture Capital,

& Hedge Funds, Lenders & Mezz Providers,  & the Bankers,
Lawyers, & Other Advisors Who Support Them

Faculty | Agenda | Registration | Location | Sponsorship | Audio / Video Packages | CLE

Hot news for deal sponsors and mezz users from the world of junior lenders.  They’re unanimous --  the mezz market has rebounded.  Despite the influx of new providers, the onslaught of second-lien lenders, and the astonishing variety and complexity of new structures, they say mezz finance has not only survived, but is thriving.

But yet, the mezzanine market still faces serious challenges in 2007. Most pressing, obviously, is whether the mergers & acquisitions boom has reached the top of its cycle, and what the ramifications could be of a decline.  What’s more, another competitor – one-stop financing -- has been gathering strength – will it succeed where second-lien lending is struggling? Or can a new, more novel structure take hold? And if so, will the fresh competition lead to new opportunities – or unintended woes -- for private equity investors?

To hear about these issues – and learn about the latest mezzanine strategies, firms, and deals – please join us for The Capital Roundtable’s Third Annual West Coast Mezzanine Finance MasterClass.

As always, we’ve designed the program to be useful not only for private equity managers but also for their mezz providers, lenders, investment bankers, and other advisors.

Co-chairmen Ron Kahn, a Chicago-based managing director at investment banking firm Lincoln International, and Tom Stromberg, a California-based corporate partner with law firm Winston & Strawn LLP, will be joined by 16 other expert speakers.

This program is being produced in San Francisco for the third consecutive year by The Capital Roundtable, the country's only educational information organization focused exclusively on the information needs of the middle- and smaller-market private-equity communities. 

 

Attend this MasterClass, and you’ll get answers to these pressing questions--

  • How do private equity sponsors expect to be negotiating mezz deals in 2007?
  • How are mezz providers managing their relationships with senior lenders?
  • How are mezzanine providers exploiting the fast-growing niche of fundless sponsors?
  • What are creative new non-traditional uses for mezzanine finance?
  • Why do providers think they may have to increase their rates? And how should sponsors plan to react?
  • How are second-lien lenders planning to retrench? How do private equity sponsors expect to benefit?
  • The brouhaha about one-stop financing … Just old wine in new bottles?  Does it matter?
  • How much mezz capital is really available?
  • Who are the top mezz providers these days?  Will they stay on top in 2007? 
  • Who are the new lesser-known providers?  What should you know about them?
  • What are the market’s basic pricing strategies, prevailing market terms, best practices?  How may they change in 2007? 
  • What’s the story with covenant packages? With tax issues?
  • How can you improve returns using “payment waterfalls"?
  • Why did the market change in 2006 for standstill periods, cross defaults, and maturity ladders?
  • What different strategies should you be using that are specific to deal size?
  • What contentions do private-equity sponsors have with mezzanine lenders?  And vice-versa?
  • And much, much more…

We also encourage you to attend our Pre-MasterClass workshop on Tuesday, February 27.  The topic is:

  • Mezzanine and Second Lien Structures --Intercreditor and Bankruptcy Issues

You should attend this MasterClass if you are –

  • a private equity manager who wants to stay abreast about terms & opportunities in the junior markets
  • a late-stage venture capitalist with portfolio companies hungry for new capital
  • a CEO or CFO of a company considering using mezzanine, second-lien, or one-stop financing
  • any junior debt user who wants to expand their rolodex of junior providers
  • any member of the junior debt community who wants to develop new business
  • a new mezzanine provider wanting to improve competitive market knowledge
  • an experienced mezzanine lender wanting to confirm prevailing market terms & strategies
  • an attorney or investment banker with financial or corporate clients that use (or should be using) mezzanine capital
  • an attorney or other advisor with clients who are mezzanine providers
  • a second-lien provider or one-stop lender who wants to stay ahead of the wave
  • or anyone else wanting to learn more about the mezzanine market, and where it is going

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Faculty

Co-Chaired By

  • Ronald A. Kahn, Managing Director, Lincoln International LLC
  • G. Thomas Stromberg Jr., Partner, Winston & Strawn LLP

Hosted By

  • Burt Alimansky, Chairman, The Capital Roundtable

              & Managing Partner, Alimansky & Bethell Group

Speakers Include

  • Bailey S. Barnard Sr., Partner, Wood Warren & Co.
  • John P. Beauclair, Vice President, Sun Capital Partners Inc.
  • Geoffrey C. Bland, Managing Director, Wedbush Morgan Securities Inc.
  • Lee S. Buckner, Managing General Partner, Global Leverage Capital Management LLC
  • Thane Carlston, Managing Director, Jefferies & Co. Inc.
  • Christopher T. Daniel, Managing Director, Praesidian Capital LLC
  • Stephen Etter, Partner, Greyrock Capital Group LLC (workshop)
  • John Felix, Director, Laminar Direct Capital LP
  • John D. Fredericks, Partner, Winston & Strawn LLP (workshop)
  • David J. Grossman, Managing DirectorKohlberg Capital Corp.
  • James C. Higgins, Principal, Golub Capital LLC
  • Jeffrey J. Holland, Managing Director, Seacoast Capital Partners LP
  • Kevin Keenley, Managing Principal, Fundamental Capital LLC
  • Iris Krause, V.P.--Corporate Finance, Prudential Capital Group
  • Leonard H. Lillard, Director, Merit Capital Partners LP
  • Marvin J. Miller, Partner, Winston & Strawn LLP
  • David Neier, Partner, Winston & Strawn LLP (workshop)
  • Devon M. Russell, Director, Madison Capital Funding
  • Adam Saltzman, Principal, Allied Capital Corp.
  • Eric E. Sagerman, Partner, Winston & Strawn LLP (workshop)
  • Ian Schnider, Managing Director, Fortress Investment Group LLC
  • Rick Shuart, Vice President, Caltius Capital Management
  • Mo Stout, Managing Director, Swander Pace Capital LLC
  • Loren A. Weil, Partner, Winston & Strawn LLP
  • Paul J. Wolf, Managing Partner, Century Park Capital Partners LP

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Agenda

MasterClass
07:30 - 08:30
08:30 - 09:00
09:00 - 09:45
09:45 - 10:30
10:30 - 11:00
11:00 - 12:15

12:15 - 01:15
01:15 - 02:30

02:30 - 03:45

03:45 - 04:00
04:00 - 05:15
05:15

Workshops

01:30 - 02:00
02:00 - 05:00

  

Wednesday, February 28, 2007
Registration, Networking, Continental Breakfast
Welcoming Remarks & Audience Introductions
First Keynote --The Evolution of the Mezzanine Market
Second Keynote --Current Issues & Challenges
Coffee & Networking Break
First Panel --Trends, Structures, & Pricing --What Four Top Mezz Lenders Have to Say
Luncheon & Networking
Second Panel --What Managers of Leading Funds Want--Feedback from Four Prominent Equity Sponsors
Third Panel --Trends, Structures, & Pricing– What Four Other Top Mezz Lenders Have to Say (Part Two)

Coffee & Networking Break
Fourth Panel --Four Experts Report on How to Make Your Deals Work

Adjournment

Pre-MasterClass Workshop (optional) Tuesday, February 27, 2007
Registration & Networking
Mezzanine and Second Lien Structures --Intercreditor and Bankruptcy Issues

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Registration

  • The registration fee is $1595 for the MasterClass and $495 for the Workshop -- or $1995 for both.
  • At the door, if space is available, the fee is $1695 for the MasterClass and $495 for the Workshop -- or $2095 for both.
  • Special group rates -- The Capital Roundtable offers a special rate for 3 or more people from your firm.  For more info, please contact Amber Mahood at amahood@capitalroundtable.com or 212/832-7333 ext 103.

 

Click Here to Register >>     


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, January 21 at 5:00pm, and we will credit you for a future meeting.)

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 Amber Mahood at 212/832-7333 ext. 103 or by email at amahood@capitalroundtable.com.

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Location

The City Club of San Francisco

The Stock Exchange Tower

155 Sansome St, 10th Floor

San Francisco, CA 94104

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Purchase Audio, Video, Transcript

Audio, video and transcripts are not available for this program.

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CLE Credits

CLE credits are available for this program

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Sponsorship

The Capital Roundtable offers excellent sponsorship opportunities to reach the private equity community. For more details, visit our Sponsorship Page or contact Amber Mahood at 212/832-7333 ext. 103 or by email at amahood@capitalroundtable.com.

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