MasterClassTM

Capital Roundtable

Sponsor

Deloitte

Past Attendees -- Partial List

AlixPartners LLC

Alvarez & Marsal

Baker Botts LLP

Bank of Ireland

BankCap Partners

Barclays Capital Inc.

Belvedere Capital

Berkery Noyes & Co. LLC

Berkshire Capital Corp.

Cadwalader Wickersham

CapGen Financial

Capital Group Companies

Capital Z Partners

Carver Federal Savings

Corsair Capital LLC

Credit Suisse Group

Crowe Horwath LLP

CTPartners

Davis Polk & Wardwell

Deloitte & Touche LLP

Ernst & Young LLP

Fed Home Loan Bank

Federal Reserve Bank, Chicago

Fed Reserve Bank, NY

Fortress Investment

Golub Capital LLC

Graf Repetti & Co. LLP

Hudson Realty Capital

Inter-Atlantic Group

Ironwood Partners LLC

Jones Day

Keefe Bruyette & Woods

Kirkland & Ellis LLP

KPMG LLP

Latham & Watkins LLP

Pine Brook Road

Robert W. Baird & Co.

Sandler O'Neill

Sextant Search Partners

St. Charles Capital LLC

Starwood Capital Group

StoneCastle Partners

Sullivan & Worcester

Trinity Capital Services

Wachtell Lipton

 

Media Partners

 

The Deal

Buyouts

VC Experts

Capital IQ

Research Partners

 

Clear the date June 18 on your calendar!
CLICK HERE now to register before it's too late!

Announcing
An
All-NEW MasterClass™

On PE Investing in Community Banks

How to Find & Buy Community Banks --

Main Street Trumps Wall Street

No Longer Riding in Banking’s Back Seat,

Community Banks Are Where the Action Is

Attendance Is Limited!
CLICK HERE to Register Now

                  CHAIRED BY

                 Joshua S. Siegel

                   Managing Principal 

                 StoneCastle Partners LLC


                   Featuring 20 Expert Speakers Including --

  • Kenneth L. Bachman Jr., Cleary Gottlieb Steen & Hamilton LLP
  • Timothy M. Biddle, RP Financial LC
  • Michael T. Bracken, Resource Financial Institutions Group Inc.
  • Yaron Brook, Context BH Equity Fund
  • Aaron Fine, Oliver Wyman Group
  • Dennis M. Gingold, Law Offices of Dennis M. Gingold
  • Curtis A. Glovier, Fortress Investment Group LLC
  • William D. Gross, Commerce Street Capital LLC
  • Richard Landau, StoneCastle Partners LLC
  • Jason A. Langan, Deloitte & Touche LLP
  • Rick E. Maples, Stifel, Nicolaus & Co., Inc.
  • William P. Mayer, Goodwin Procter LLP
  • James M. McCormick, First Manhattan Consulting Group
  • Neil Milner, Conference of State Bank Supervisors
  • Donald J. Musso, FinPro Inc.
  • John J. Nelligan, Milestone Merchant Partners LLC
  • John W. Rose, CapGen Financial
  • Nicholas J. Sheumack, Keefe Bruyette & Woods Inc.
  • Brian W. Smith, Latham & Watkins LLP
  • Brian M. Soeldner, Front Range Bank

 

Click Here to Register >>      Purchase Audio Package >>



 Visit Audio Library >>    Add to Outlook Calendar >>

FULL-DAY MASTERCLASS
Thursday, June 18, 2009
8:00 am - 4:45 pm
New York City

 

Designed to Meet the Needs of GPs, LPs, & Managers of Buyout, Growth Equity,
 & Mezzanine Funds, As Well as Officers & Directors of Their Portfolio Companies, Independent Sponsors, and  Investment Bankers, Lenders, Industry Executives, Lawyers, & Other Advisors Who Work With Them

Faculty | Schedule | Registration | Location | Sponsorship | Audio Package

Mention “banking” and “private equity” today, and the conversation immediately turns to what to do about money center banks and their toxic assets -- understandable in this recession.

 

Yet in the 8,000+ banking institution universe, only 1.4% have assets over $10 billion. And those on the opposite end of the spectrum -- community banks -- are more likely to be the ones in excellent financial condition.

 

Which is why investors who both specialize in financial institutions and who are now considering the banking sector are paying close attention to recent community bank performance.

 

A new report from Independent Community Bankers of America suggests the majority of U.S. community banks saw an increase in new customers and new deposits in 2008 -- with over one-third increasing their loan originations. With portfolios generally free of securitizations, derivatives, and what the Treasury euphemistically calls “legacy assets,” plus relatively few applications for mark-to-market, these banks are well positioned to benefit.

 

Of course, you still have to do your homework -- because there are caveats. The very thing that gives community banks their strength and resilience can also be their Achilles heel. Their intensely local nature, with management interwoven into the fabric of the business community, means it’s crucial that any prospective investor know the vicinity well.

 

(Just imagine two similar-sized community banks, both conservatively managed, that each avoided sub-prime assets. Their balance sheets may initially look the same, but if one is in a town whose major employer makes auto parts, and the other is down the road from a teaching hospital, which do you think is less likely to be writing off loans?)

 

Helping you find the best opportunities in often unfamiliar locales is the goal of an all-new full-day MasterClass™ from The Capital Roundtable on PE Investing in Community Banks. On June 18 in New York, you can meet some of today’s biggest names specializing in deals with small financial institutions; ready to help you prosper from new possibilities.

 

You can also take advantage of the biggest pre-MasterClass value we offer. Sign up today and you’ll save $400 with our special Early Bird Discount!

 

You Supply the Interest. We’ll Supply the Knowledge.

 

In assessing small financial institutions, small is indeed the operative word. Community banks typically have assets measured in the millions, not billions -- with over 2,000 doing quite well, thank you, holding assets of less than $100 million. This means smaller-sized deals than other sectors -- so if you aren’t seeking a majority position as a bank holding company, investing capital into community banks takes not only deal quality, but also deal quantity.

 

This means more than the average due diligence is likely required, and it’s not always research you can accomplish through the usual channels. Success in the community banking space takes personal relationships with the institutions, and the better informed you are, the better your ability to navigate this wide-open landscape.

 

So to chair this daylong MasterClass, we’re extremely fortunate to have author and frequent CNBC panelist Joshua Siegel, co-founder and managing principal of StoneCastle Partners -- the largest dedicated lender of Tier I and II regulatory capital to community banks in the US.  Josh currently oversees investments in more than 220 community banks across 43 states, and is known for his groundbreaking research that established new pooled investment strategies in the community banking sector.

 

In like manner, The Capital Roundtable’s MasterClasses are known for information that is targeted, actionable and up to the minute. We’re America’s leading conference organization for the private equity community, and our mission is to help you succeed in both recessionary times and recovery periods.

 

20 Community Banking Sector Experts Share Their Special Insights

 

Along with Josh, you’ll hear from 20 well-known professionals who know the community banking sector well -- from GPs, LPs and bank operating partners to investment bankers, lenders, consultants and more. Four panel presentations assure a wide variety of views and perspectives that are sure to sharpen your knowledge of the sector.

 

It’s clear that community banks that have stuck to their core business model -- maintaining disciplined credit underwriting policies to serve companies in their trading area -- have outperformed many of their larger peers. Yet as TARP funds are finding their way to community banks, investors need to consider the pros and cons of accepting government money. Our panelists will provide current analysis and real-world examples that will help you sort out the changing environment.

 

Attending this MasterClass will put you on the fast track to adding community banks to your portfolio companies -- or adding value to the small financial institutions you already manage. Expect sound, actionable answers to questions like these --

  • Why are so many community banks unscathed by the turmoil affecting money center banks?
  • What distinguishes a well-run community bank from other small financial institutions?
  • What are the signs of geographic areas with growth potential?
  • How can you best conduct due diligence on community banks?
  • What are the ownership limitations for non-bank holding companies, and how can you live with them?
  • When should a community bank consider receiving Troubled Assets Relief Program (TARP) funding? When should it take a pass?
  • What are the regulatory differences between community banks and larger financial institutions? How can they work to your advantage?
  • How are community banks affected when national or regional banks leave a marketplace?
  • And much, much more.

 

Don’t Miss Out on This Expected Sellout

 

As our newest MasterClass, with such a highly anticipated topic, we wish we could double our seating capacity -- but we can’t. So it’s a must that you make your attendance plans today. You’ll be assured of one-on-one time with our featured speakers, and you’ll have plenty of time to build relationships with fellow attendees at our networking breaks and over lunch.

 

And be assured there’ll be a broad range of attendees for you to share ideas with. This MasterClass is ideal for --

 

  • GPs or LPs looking to invest in community banks.
  • New PE firms wanting to add a financial institution component.
  • Hedge fund manager or venture capitalist investigating the community banking space.
  • Operating Executives of small financial institution portfolio companies.
  • Investment banker pursuing community banking deals.
  • Attorneys and Advisors who deal with community banks.
  • Executive search professionals recruiting for the bank and PE industries.

 

Remember, register with our Early Bird Discount by May 8, 2009 and you’ll save $400 off our regular fee! So make your reservation now while we have seats available. We’ll be looking forward to greeting you.

For more information, please feel free to contact Heather Sote at 212/832-7333 ext. 111 or hsote@capitalroundtable.com.

 

This MasterClass 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.

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Faculty

 Chaired By

  • Joshua S. Siegel, Managing Principal, StoneCastle Partners LLC

 Hosted By

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

 Speakers

  • Kenneth L. Bachman Jr., Partner, Cleary Gottlieb Steen & Hamilton LLP
  • Michael T. Bracken, Vice President, Resource Financial Institutions Group Inc.
  • Timothy M. Biddle, Senior Vice President, RP Financial LC
  • Yaron Brook, Managing Director, Context BH Equity Fund
  • Aaron Fine, Partner, Oliver Wyman Group
  • Dennis M. Gingold, Partner, Law Offices of Dennis M. Gingold
  • Curtis A. Glovier, Managing Director, Fortress Investment Group LLC
  • William D. Gross, Principal, Commerce Street Capital LLC
  • Richard Landau, Managing Director, StoneCastle Partners LLC
  • Jason A. Langan, Partner, Deloitte & Touche LLP
  • Rick E. Maples, Co-Head of Investment Banking, Stifel, Nicolaus & Co., Inc.
  • William P. Mayer, Partner, Goodwin Procter LLP
  • James M. McCormick, President, First Manhattan Consulting Group
  • Neil Milner, President & CEO, Conference of State Bank Supervisors
  • Donald J. Musso, Principal, FinPro Inc.
  • John J. Nelligan, Principal, Milestone Merchant Partners LLC
  • John W. Rose, Principal, CapGen Financial
  • Nicholas J. Sheumack, Managing Director, Keefe Bruyette & Woods Inc.
  • Brian W. Smith, Partner, Latham & Watkins LLP
  • Brian M. Soeldner, President, Front Range Bank
  • 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 - 12:15



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



02:15 - 03:15


 

03:15 - 03:30
03:30 - 04:30




04:45

  

Thursday, June 18, 2009

Registration, Networking, & Continental Breakfast

Welcoming Remarks & Audience Introductions

Introductory Keynote -- Key Trends in Community Banking

in the Recession -- & Implications for Private Equity Dealmaking

Chairman’s Keynote -- Joshua S. Siegel, Managing Principal, StoneCastle Partners LLC -- "Investing in Community Banks -- The Need for Regulatory Capital"
Coffee & Networking Break

First Panel -- “Getting the Jump on Doing Community Bank Deals in 2009 -- Where to Source Them, How to Pick Them” (This panel features three PE investors, who do different sizes & types of deals, & two investment bankers -- plus a moderator.)

Luncheon & Networking
Second Panel -- “Executing Community Bank Deals -- How to Complete Due Diligence, Work with Regulators, & Manage Valuation & Structuring Issues” (This panel features a PE investor, a PE lawyer, a valuations expert, & a consultant -- plus a moderator.)

Third Panel -- “Exiting Community Bank Deals --How to Prepare & Where to Find the Best Liquidity Opportunities” (This panel features a PE investor, an investment banker, a consultant, & a transaction services advisor-- plus a moderator.)

Coffee & Networking Break

Fourth Panel -- "Navigating Community Banks Legal & Regulatory Hurdles -- How to Identify & Manage Regulatory Issues, Deal with State & Federal Authorities, & Navigate Community Politics & Sociology”

(This panel features a state regulator, a COO of a community bank, & two lawyers -- plus a moderator.)

Adjournment

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Registration

  • The standard registration fee is $1495 for the MasterClass.
  • At the door, if space is available, the fee is $1595 for the MasterClass.
  • Special group rates -- The Capital Roundtable offers a special 33% discount for 2 or more people.  For more info, please contact Samantha Feldman sfeldman@capitalroundtable.com or 212/832-7333 ext 112.

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, June 11, 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 Samantha Feldman at 212/832-7333 ext. 112 or sfeldman@capitalroundtable.com.

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Location

University Club

1 West 54th Street

New York, NY 10019

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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 sponsorship opportunities to reach the middle-market private-equity community. For more details, contact Arlene West at 212/832-0800 or by email at awest@capitalroundtable.com.

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