Emerging Markets Investing Summit - Crowell & Moring · Partner,Head of MENA Practice CROWELL &...

OCTOBER 24th, 2012HELMSLEY PARK LANE HOTEL, NEW YORK

SPONSORED BY:

MEDIA SPONSORS:

Key topics to be covered:• Big picture: reconciling the short vs. long-term views on emerging markets

• Back to the BRICs: sizzling or fi zzling?

• Emerging market private equity, growth capital & venture capital

• Emerging markets indices: accurate allocations or unintended exposures?

• Will 2012 be the year of emerging market debt?

• Investor intelligence & insights into emerging markets

• Frontier markets: adding spice to your emerging market portfolio

• Eyes wide open: top ten risks of investing in emerging markets

• What’s the best way to invest in emerging markets?

O C T O B E R 2 4 th, 2 0 1 2 / N E W YO R KOCTOBER 24th, 2012

3rd Emerging Markets Investing Summit: BRIC & Beyond

REGISTER TODAY AT www.iglobalforum.com/em3

HEAR FROM THE FOLLOWING PARTICIPATING COMPANIES: ALLIANCEBERNSTEIN HOLDING

AUERBACH GRAYSON AND COMPANY, INC.

BAKER & McKENZIE LLP

CAERUS EMERGING MARKETS, LLC

CARAVAN CAPITAL MANAGEMENT LLC

CROWELL & MORING LLP

EMERGING GLOBAL ADVISORS, LLC

FRONTAURA CAPITAL LLC

FRONTIER MARKET ASSET MANAGEMENT, LLC

GREENHEART CAPITAL PARTNERS, LLC

HSBC GLOBAL ASSET MANAGEMENT

INTERNATIONAL FINANCE CORPORATION

J.P. MORGAN

JINA VENTURES INC.

MORGAN STANLEY

PEPPER HAMILTON LLP

POMONA CAPITAL

PWC

REAL INFRASTRUCTURE CAPITAL PARTNERS LLC

RISING TIDE FUND ADVISORS LLC

THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA

THOMSON REUTERS

TRIOGEM ASSET MANAGEMENT

TURTLEBAY CAPITAL

UBS AG

WELLS FARGO & COMPPANY

2 3 r d E M E R G I N G M A R K E T S I N V E S T I N G S U M M I T : B R I C & B E Y O N D | www.iglobalforum.com/em3

O C T O B E R 2 4 th, 2 0 1 2 / N E W YO R K


Timothy J. SeymourManaging Partner, TRIOGEM ASSET MANAGEMENTHost, CNBC’s “Trading the Globe”; Trader, “Fast Money”

Aryam VazquezVice President and Global Emerging Markets EconomistWELLS FARGO & COMPPANY

Ron ShahFounder & Managing PartnerJINA VENTURES INC.

David E. WiltonCIO, Private Equity and Investment Funds Department INTERNATIONAL FINANCE CORPORATION

Gray NewmanManaging Director & Chief Economist for Latin AmericaMORGAN STANLEY

Ryan W. Levitt Vice PresidentPOMONA CAPITAL

Lawrence S. SpeidellFounding Partner, CEO & CIOFRONTIER MARKET ASSET MANAGEMENT, LLC

Richard C. Kang Chief Investment Offi cer & Director of ResearchEMERGING GLOBAL ADVISORS, LLC

Jennifer DelaneyDirector, Global Emerging Markets Equity StrategyUBS AG

Joyce ChangManaging Director & Global Head of Emerging Markets & Credit ResearchJ.P. MORGAN

Rodolfo AmoresanoFounding Principal & Managing MemberCAERUS EMERGING MARKETS, LLC

Clifford Quisenberry, Jr.CIOCARAVAN CAPITAL MANAGEMENT LLC

Nick PadgettCo-Founder & Managing DirectorFRONTAURA CAPITAL LLC

Morgan C. HartingSenior Portfolio Manager & Emerging Markets Multi-Asset Team LeaderALLIANCEBERNSTEIN HOLDING

David C. TurnerManaging Director, Head of Private Equity THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA

Richard S. Ross, CMTGlobal Technical StrategistAUERBACH GRAYSON AND COMPANY, INC.

Morris F. DeFeo, Jr. Partner,Head of MENA PracticeCROWELL & MORING LLP

James RosenerPartnerPEPPER HAMILTON LLP

Vassili SerebriakovVice President and Currency StrategistWELLS FARGO FOREIGN EXCHANGE

David KangManaging PartnerTURTLEBAY CAPITAL

Peter MarberChief Business Strategist, Emerging MarketsHSBC GLOBAL ASSET MANAGEMENT

Juan F. PaezManaging PartnerREAL INFRASTRUCTURE CAPITAL PARTNERS LLC

Dr. Harry G. BroadmanManaging Director & Chief Economist and Leader, Emerging MarketsPWC

Kristina M. MatthewsManaging PartnerRISING TIDE FUND ADVISORS LLC

Lucas GarlandHead of Indices Product ManagementTHOMSON REUTERS

Curt MoldenhauerPartnerPWC

Richard N. DeanPartnerBAKER & McKENZIE LLP

Steve CarrollGlobal Head of IndicesTHOMSON REUTERS

Matthew CrakesCEO/CIO & Portfolio ManagerGREENHEART CAPITAL PARTNERS, LLC

LEADING EXPERTS & SPEAKERS INCLUDE:

OCTOBER 24th, 2012HELMSLEY PARK LANE HOTEL, NEW YORK

VENUE & ACCOMODATION:iGlobal Forum is pleased to be hosting the upcoming 3rd

Annual Emerging Markets Investing Summit: Bric & Beyond at the luxury Helmsley Park Lane Hotel in New York. Located on Central Park in the Midtown business district, the Helmsley Park Lane hotel is just steps from Fifth Avenue shopping, Broadway theaters, Museum Mile, Radio City, and Lincoln Center. Helmsley Park Lane Hotel36 Central Park South, New York, NY 10022

Tel: (212) 355-3000 | www.helmsleyparklane.com

HELMSLEY PARK LANE HOTEL, NEW YORK

VENUE &

Dear Colleague,

iGlobal Forum is pleased to announce our 3rd Emerging Markets Investing

Summit: BRIC & Beyond due to take place on Wednesday, October 24th,

2012 in New York City. Building on the success of previous events, this

year’s Summit provides a snapshot of the current climate for investing

in emerging markets, and how investors should position their portfolios

to maximize risk-adjusted returns. Through a series of dynamic panel

discussions, dialogues and debates, the forum will examine the cyclical,

secular and political trends driving these markets and how they are likely to

play out over the next few years.

The Summit will address and discuss opportunities in the most promising

emerging regions—from BRIC countries to frontier markets such as

Turkey, Vietnam, Africa and Indonesia—and sectors such as healthcare,

technology and infrastructure. We will cover the full spectrum of access

options including public & private equity, hedge funds, sovereign &

corporate debt, local currency & dollar-denominated bonds, mutual funds

and exchange-traded products. The Summit will also analyze the inherent

risks of investing in emerging markets—macroeconomic, geopolitical,

legal, liquidity, transparency, currency, corruption, infl ation—and how to

prevent, hedge or diversify against these risks.

The event will bring together some of the best minds in the emerging

markets arena—leading institutional and private equity investors, hedge

funds, portfolio and asset managers, economists and policymakers—to

weigh in on these issues and present their best practice strategies.

We look forward to welcoming you at the event!

Kind regards,

iGlobal Forum Team


7:30 am REGISTRATION AND NETWORKING BREAKFAST

8:30 am CHAIRPERSON’S WELCOME AND OPENING REMARKS

8:45 am BIG PICTURE: RECONCILING THE SHORT VS. LONG-TERM VIEWS ON EMERGING MARKETS • What’s the near-term outlook for emerging markets? Is the current slowdown just a blip in a positive long-term trend? • Can we really expect the rapid growth rates of the past to continue? How much depends on U.S. & European recovery? • Clarifying the differences between emerging, converging and frontier markets—where’s the smart money going? • Macroeconomic, geopolitical and regulatory issues impacting emerging markets: what lies ahead? • How might the 2012 U.S. elections and new leadership in China affect the prognosis for emerging market investments? • Current correlations of emerging market investments to those in the U.S. including stocks, bonds and private equity Timothy J. Seymour Managing Partner, TRIOGEM ASSET MANAGEMENT Host, CNBC’s “Trading the Globe”; Trader, “Fast Money”

Aryam Vazquez Vice President and Global Emerging Markets Economist, WELLS FARGO & COMPPANY

Richard N. Dean Partner, BAKER & McKENZIE LLP

9:30 am BACK TO THE BRICS: SIZZLING OR FIZZLING? • Revisiting the BRICs in the new fi nancial landscape: which BRIC(s) currently offer the best risk-adjusted returns? • Brazil: still attractive despite macroeconomic and infl ationary concerns and policy inconsistencies? • Russia: is perceived vs. actual risk overblown? Is now the time to take advantage of attractive valuations? • India: is the investment environment as negative as the analysts proclaim? Should only long-term investors apply? • China: is the slowdown in growth temporary or permanent? • What impact will new leadership have on China’s future?

Ron Shah Founder & Managing Partner, JINA VENTURES INC.

Gray Newman Managing Director & Chief Economist for Latin America, MORGAN STANLEY

James Rosener Partner, PEPPER HAMILTON LLP

10:00 am EMERGING MARKET PRIVATE EQUITY, GROWTH CAPITAL AND VENTURE CAPITAL

• Fundraising facts and fi gures: % of total deals in emerging markets; breakdown by fund location, type, sector & terms • Which emerging economies will generate the best long-term results while providing ample deal-fl ow & exit options? Identifying and steering clear of overshopped, overcapitalized, and overcrowded markets • Investing in infrastructure—opportunities in traditional & renewable energy, transportation, communications & utilities • Boosting returns via direct and co-investment strategies vs. traditional private equity funding models • Will M&A and IPO markets keep pace with the volume of capital being deployed by PE funds in emerging markets?

Ryan W. Levitt Vice President, POMONA CAPITAL

Kristina M. Matthews Managing Partner, RISING TIDE FUND ADVISORS LLC

David Kang Managing Partner, TURTLEBAY CAPITAL

Juan F. Paez Managing Partner, REAL INFRASTRUCTURE CAPITAL PARTNERS LLC

10:45 am MORNING NETWORKING BREAK

11:15 am EMERGING MARKETS INDICES: ACCURATE ALLOCATIONS OR UNINTENDED EXPOSURES?

• How do you logically defi ne and segregate developed, emerging and frontier markets? • Isolating and expressing investment ideas: do the indices available today help or hinder? • Tracking error: a useful indicator or a performance killer? • Active, passive or passtive-- what’s the best way forward?

Richard Kang CIO & Director of Research, EMERGING GLOBAL ADVISORS, LLC

Jennifer DelaneyDirector, Global Emerging Markets Equity Strategy, UBS AG

Lucas GarlandHead of Indices Product Management, THOMSON REUTERS

Steve Carroll Global Head of Indices, THOMSON REUTERS

11:55 am WILL 2012 BE THE YEAR OF EMERGING MARKET DEBT?

• Should emerging market debt be viewed as a strategic investment or a tactical opportunity…or both? • Comparing the risks and rewards of corporate vs. sovereign debt and local currency vs. dollar-denominated debt • Debt opportunities in Asia, Latin America & EMEA: which emerging markets offer the best risk-adjusted returns? • Mitigating emerging market debt risk: assessing country and company creditworthiness • Protecting/hedging against currency and liquidity risk—what are the options?

Joyce Chang Managing Director & Global Head of Emerging Markets & Credit Research, J.P. MORGAN

Peter Marber Chief Business Strategist, Emerging Markets,

HSBC GLOBAL ASSET MANAGEMENT

Agenda WEDNESDAY, OCTOBER 24TH, 2012

Agenda WEDNESDAY, OCTOBER 24TH, 2012

12:35 pm NETWORKING LUNCHEON - Sponsored by Apex Fund Services

1:35 pm INVESTOR INTELLIGENCE AND INSIGHTS INTO EMERGING MARKETS • How has sluggish growth in the global economy impacted investor allocations to emerging markets? • Where is capital currently being deployed, how are investment models evolving, and what are investors’ future plans? • Why are investors increasingly moving away from traditional fund models to direct and co-investment strategies? • LP concerns: opacity, lack of exits (illiquidity), lack of discipline, mediocre performance, manager turnover • Identifying the best GPs: track record, alignment of interests, fund governance, transparency, terms and fees

David C. Turner Managing Director & Head of Private Equity, THE GUARDIAN LIFE INSURANCE COMPANY OF AMERICA

David E. Wilton CIO & Manager, Global Private Equity Funds, INTERNATIONAL FINANCE CORPORATION (a member of World Bank Group)

Dr. Harry G. Broadman Managing Director & Chief Economist and Leader, Emerging Markets, PWC

2:10 pm FRONTIER MARKETS: ADDING SPICE TO YOUR EMERGING MARKET PORTFOLIO • Examining the impact of the U.S. and European recessions on the growth and performance of frontier markets • Comparing frontier market investment returns to those of BRICs and developed markets • The long view: are the fundamental underpinnings supporting frontier market growth still intact? • Identifying the next hot pockets--which regions, countries, and sectors currently appear most attractive? • Emerging stars in Africa, Middle East and Southeast Asia— assessing their political, economic, business & legal climates • Which countries/regions should be avoided entirely and why?

Lawrence S. Speidell Founding Partner, CEO & CIO, FRONTIER MARKET ASSET MANAGEMENT, LLC

Rodolfo Amoresano Founding Principal & Managing Member, CAERUS EMERGING MARKETS, LLC

Clifford Quisenberry, Jr. CIO, CARAVAN CAPITAL MANAGEMENT LLC

Nick Padgett Co-Founder & Managing Director, FRONTAURA CAPITAL LLC

2:45 pm CURRENCY, COMPLEXITY AND GLOBAL CAPITAL MARKETS • Clarifying your emerging market currency strategy: is currency a potential source of alpha or a hedging vehicle or both? • Analyzing the underlying dynamics driving individual currencies including country-specifi c exchange rate policies • Correlations: how do emerging market currencies move relative to each other and to those in the developed world? • Using a relative value approach, incorporating both quantitative & qualitative factors, to refi ne your currency strategy • How are fund managers using global diversifi cation, hedging, and local currencies to mitigate currency risk?

Richard Ross Global Technical Strategist, AUERBACH GRAYSON AND COMPANY, INC.

Vassili Serebriakov Vice President and Currency Strategist, WELLS FARGO FOREIGN EXCHANGE

3:15 pm AFTERNOON REFRESHMENTS AND NETWORKING BREAK

3:30 pm EYES WIDE OPEN: TOP TEN RISKS OF INVESTING IN EMERGING MARKETS • Measuring, monitoring and mitigating the unique risks of emerging market investments • Evaluating macroeconomic, geopolitical and transparency risks • Examining legal, liquidity, taxation and regulatory risks • Counteracting currency, counterparty and corruption risks • Quantitative and qualitative de-risking strategies • Integrating risk management with portfolio modeling techniques

Morris F. DeFeo, Jr. Partner & Head of MENA Practice, CROWELL & MORING, LLP

Matthew Crakes CEO/CIO & Portfolio Manager, GREENHEART CAPITAL PARTNERS, LLC

Curt Moldenhauer Partner, PWC

4:00 pm WHAT’S THE BEST WAY TO INVEST IN EMERGING MARKETS? • Private equity: pan-regional vs. country-specifi c, direct investment vs. fund of funds • Emerging market debt: sovereigns, quasi-sovereigns, corporates and currencies • Hedge funds: convergence of emerging market hedge funds and private equity • ETFs, ETNs, mutual funds: providing transparency and liquidity in emerging markets • Secondary markets for emerging market private equity and hedge funds

Morgan C. Harting Senior Portfolio Manager & Emerging Markets Multi-Asset Team Leader, ALLIANCEBERNSTEIN HOLDING

4:30 pm COCKTAIL RECEPTION & NETWORKING


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OCTOBER 24th, 2012 | NEW YORKO C T O B E R 2 4 th, 2 0 1 2 / N E W YO R K

EASY TO REGISTER:

Web: www.iglobalforum.com/em3

Call: 212-752-7760

Email: [email protected] 24th, 2012 | NEW YORK


Emerging Markets Investing Summit - Crowell & Moring · Partner,Head of MENA Practice CROWELL &...

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