MasterClassTM

Capital Roundtable

Co-Host

Sponsor

Partial List of
Past Attendees

Blackford Capital LLC

Boathouse Capital LP

Brookside Group

Churchill Equity Inc.

Commerce Street Capital

D. E. Shaw & Co. LP

Dechert LLP

Fortress Investment Group LLC

Founders Equity Inc.

Gemini Investors

HSBC Capital (USA) Inc.

Larsen MacColl Partners

Main Street Capital Corp.

MidCap Financial LLC

National Association
Of SBICs

New Stream Capital LLC

Patriot Capital LP

Pepper Hamilton LLP

Presidio Investors LLC

Quilvest USA Inc.

Riverside Co.

Signet Healthcare

Skadden Arps

THL Credit Group LP

Triangle Capital Corp.

U. S. Small Business Administration

Media Partners

 

The Deal

Buyouts

VC Experts

Capital IQ

Research Partners

 

Clear the date March 11 on your calendar!

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

By Popular Demand --

An Encore MasterClass™

  For SBIC Applicants, Managers, & Advisors

SBICs --

A Whole Day, The Whole Story

Everything You Need to Know to Get Licensed,

As Well as Launch & Manage an SBIC

  Attendance Is Limited!

  CLICK HERE to Register Now

                         

  CHAIRED BY

  Vincent D. Foster, Chairman & CEO
               Main Street Capital Corp.             

 

     Featuring 20 Expert Speakers Including --

  • Pat M. Baskin, Baskin Investments
  • H. Douglas Camitta, Pepper Hamilton LLP
  • Kristi W. Craig, U. S. Small Business Administration
  • Devon L. Cruikshank, Brookside Mezzanine Partners
  • E. Matthew Dwyer, Matthews Carter & Boyce PC
  • James J. Goodman, Gemini Investors
  • Steven K. Gord, Boathouse Capital LP
  • Patrick F. Hamner, Valesco Industries
  • Harry E. Haskins, U. S. Small Business Administration
  • J. Bryan King, Luther King Capital Management
  • Steven C. Lilly, Triangle Capital Corp.
  • Brett T. Palmer, National Association of SBICs
  • Todd A. Reppert, Main Street Capital Corp.

  • Christopher A. Rossi, Pepper Hamilton LLP
  • Arthur A. Spivey, U. S. Small Business Administration
  • Michael B. Staebler, Pepper Hamilton LLP
  • Michael A. Temple, Pepper Hamilton LLP
  • Thomas H. Westbrook, BB&T Capital Partners LLC
  • Daniel C. Wolf, Investigative Management Group

Click Here to Register >>   Purchase Audio Package >>


 Visit Audio Library >>    Add to Outlook Calendar >>

 

FULL-DAY MASTERCLASS

Thursday, March 11, 2010

8:00 am – 5:00 pm
New York City
 

SPECIAL HALF-DAY PRE-MASTERCLASS WORSKHOP (Optional)

Wednesday, March 10, 2010

Launching a New SBIC in 2010 -- 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 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 |

SBICs are perhaps the hottest topic in private equity, and the reason is simple arithmetic.

Thanks to Uncle Sam’s largesse, a firm with, say, $50MM in LP capital can borrow an additional two to three times that amount -- at incredibly favorable rates -- through the SBA’s Small Business Investment Company (SBIC) program. 

And Congress is expected to appropriate even more capital for the program -- over and above the $3 billion already allocated for this fiscal year.

So what’s the catch?  Getting accepted to participate in the program is not easy.

Competition for licenses has heated up, and the backgrounds of applicants are stronger and more impressive than ever.

What’s more, as often is the case for new Federal initiatives, the rules for licensing and operating an SBIC are tricky to understand -- and sometimes even to find.  

And on top of that, it’s imperative for you to learn the “informal rules” on how to prepare a successful application, how to navigate the red tape, how to recruit the right management team, and how to avoid the not-so-obvious pitfalls that are license killers.

All this wisdom is impossible to find anywhere besides this full-day MasterClass being held on Thursday, March 11, 2010, in New York City. 

SBICs -- A Whole Day, The Whole Story

Everything You Need to Know to Get Licensed,

As Well as Launch & Manage an SBIC

 

The Capital Roundtable is pleased to present this encore MasterClass on the heels of our first SBIC MasterClass this past September. Every seat was filled, and we unfortunately had to disappoint many colleagues who wished to attend. That’s why we’re delighted to bring you this second outing, with fresh content that reflects the most recent SBIC initiatives that are coming out of Washington.

Please note that this MasterClass is no pared-down webcast or breakfast in a law firm’s conference room. 

Chaired by Vincent D. Foster, CEO of Houston-based Main Street Capital Corp. (NASDAQ: MAIN), it features a total of 20 expert speakers and includes four panel discussions at the MasterClass itself.  And on the day before, there’s an optional three-hour workshop on the intricacies of launching a new SBIC in 2010, led by Michael B. Staebler, of Pepper Hamilton LLP, the country's largest and most active Small Business Investment Company practice.

Along with Vince’s and Mike's insights, you’ll gain practical knowledge from our panels that cover licensing, regulatory, and compliance issues affecting SBICs today, plus tips and strategies to enhance current SBIC portfolio company operations.

And we’re equally delighted to offer you a generous incentive for making your plans now. Sign up today to reserve your seat, and you will be entitled to a $300 early bird discount!

A Bill That PE Investors Can All Agree On.

In October, H.R. 3854 was introduced in the House of Representatives to the applause of many in the SBIC community. Known as the Small Business Financing and Investment Act of 2009, this legislation -- now being considered by the Senate  -- would provide more capital for new SBICs, and make it easier for existing SBICs to obtain a second license.

The upshot for PE investors is that there is more reason than ever to be approved as an SBIC. And there is no time like the present to get started -- the SBIC approval process can take a full calendar year, and even longer if you attempt to go it alone.

That’s why our second full-day SBIC MasterClass on Thursday, March 11, 2010, is the place to be whether you’re interested in starting up an SBIC, expanding an existing SBIC, or serve SBICs as a lender, attorney, accountant or other professional. You’ll discover the projections for 2010, and you’ll hear from top advisors, participants, and officials from the industry.

Don’t wait until every seat in the room is filled -- please register now.

Most important, this MasterClass offers you a rare opportunity to meet face-to-face with SBA government officials plus NASBIC leadership who are otherwise hard to connect with.  Built into the day’s agenda is plenty of time for you to network with our featured speakers plus your fellow attendees -- including a working lunch. You’ll receive candid answers to all your SBIC questions, including --

  • What is the current state of the SBIC licensing process?
  • How can you put together a management team that will pass SBA scrutiny?
  • Will you have to make any changes to your staff in order to be licensed as an SBIC?
  • Will SBIC licensing affect your capability to pursue larger deals?
  • How much capital can you likely access as an SBIC?
  • What will be the benefits to investors if H.R. 3854 signed into law ?
  • Will the Obama Administration stay friendly toward SBICs in a jobless recovery?
  • Will there be fewer, the same, or more SBICs licensed in 2010 than 2009?
  • Are there categories of investments that SBICs must avoid, or can they invest in any type of business?
  • And much, much more.

20 Well-Known Presenters Reveal Their Specialized SBIC Knowledge.

 

To lead you through the ins and outs of the SBIC landscape, The Capital Roundtable welcomes Main Street Capital’s Vince Foster.  Vince leads a management team that received their first SBIC license in 2002, and a subsequent license in 2006. Main Street has investments in over 30 lower middle-market portfolio companies in a variety of industries. With his extensive financial background including Big 8 firm partner, corporate director, and m&a specialist, Vince has achieved notable success leading Main Street’s investment activities -- he received the Ernst & Young Entrepreneur of the Year 2008 Award in the financial services category in the Houston & Gulf Coast area.

Like every MasterClass from The Capital Roundtable, this timely presentation is designed to clear up any misconceptions you may have and get you squarely focused on the future. We’re America’s leading conference organization for the middle-market private equity community, and our mission is to help you succeed throughout this challenging new decade.

You should attend this MasterClass if you are a --

  • GP who wants to leverage your private capital up to three times.
  • 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.
  • 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-MasterClass Workshop the day before on Wednesday, March 10 --

Launching a New SBIC in 2010 --

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 January 20, 2010 and you’ll save $300 off our standard fee! So make your reservation now while space is still 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

  • Vincent D. Foster, Chairman & CEO, Main Street Capital Corp.

Hosted By

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

Speakers

  • Pat M. Baskin, President, Baskin Investments
  • H. Douglas Camitta, Of Counsel, Pepper Hamilton LLP
  • Kristi W. Craig, Senior Investment Officer, U. S. Small Business Administration
  • Devon L. Cruikshank, Director, Brookside Mezzanine Partners
  • E. Matthew Dwyer, Principal, Matthews Carter & Boyce PC
  • James J. Goodman, President, Gemini Investors
  • Steven K. Gord, Partner, Boathouse Capital LP
  • Patrick F. Hamner, Principal, Valesco Industries
  • Harry E. Haskins, Deputy Associate Administrator, U. S. Small Business Administration
  • J. Bryan King, Principal, Luther King Capital Management
  • Steven C. Lilly, Chief Financial Officer, Triangle Capital Corp.
  • Brett T. Palmer, President, National Association of SBICs
  • Todd A. Reppert, President & CFO, Main Street Capital Corp.

  • Christopher A. Rossi, Partner, Pepper Hamilton LLP (workshop)
  • Arthur A. Spivey, Financial Analyst, U. S. Small Business Administration
  • Michael B. Staebler, Partner, Pepper Hamilton LLP
  • Michael A. Temple, Associate, Pepper Hamilton LLP (workshop)
  • Thomas H. Westbrook, Partner, BB&T Capital Partners LLC
  • Daniel C. Wolf, Senior Vice President, Investigative Management Group

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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



05:00

  

Wednesday, March 10, 2010

Registration & Networking

“Launching a New SBIC in 2010 --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.)

Thursday, March 11, 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 2010"

Coffee & Networking Break

First Panel -- "Five Experienced GPs & LPs Report Lessons They Learned in Licensing, Launching & Funding SBICs" (This panel features GPs & LPs affiliated with SBICs of different sizes & strategies -- plus a moderator.)

Luncheon & Networking

Afternoon Keynote

Second Panel -- “What New Applicants Might Expect from the Obama Administration -- Feedback from the Beltway” (This panel features two senior administrators from the SBA, & two representatives from recently licensed SBICs -- plus a moderator.)

Third Panel -- “Dealing with Regulatory & Legislative Issues -- Four Professional Service Advisors Report What They’re Advising Their SBIC Clients” (This panel features a lawyer, a fund operations consultant, a fund CFO, & a portfolio valuation specialist -- plus a moderator.)

Coffee & Networking Break

Fourth Panel -- “Negotiating Deals & Enhancing Portfolio Companies -- Unique Issues of Building & Managing an SBIC Portfolio” (This panel features SBIC GPs from four SBICs of different sizes & strategies --  plus a moderator.)

Networking & Adjournment

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Registration

  • Early Bird Registration Fee -- and save $300 off the standard fee! Register by Wednesday, January 20, and the fee for the MasterClass is $1195 -- or $1495 for the MasterClass & Workshop.
  • Premiere Registration Fee -- save $200 off the standard fee! Register by Friday, February 12, and the fee for the MasterClass is $1295 -- or $1595 for the MasterClass & Workshop.
  • After that, the standard fee is $1495 for the MasterClass -- or $1795 for the MasterClass & Workshop.
  • At the door, if space is available, the fee is $1595 for the MasterClass -- $1895 for the MasterClass & Workshop.
  • Special group rates -- The Capital Roundtable offers a special 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, March 4, 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 by email at 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 marketing and business development opportunities to reach the middle-market private-equity community . For more details, please contact Arlene West at 212/832-0800 or by email at awest@capitalroundtable.com.

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