LPEQ

The judging panel of investors and analysts assesses annual reports and investor sections of corporate websites for the quality of investor reporting for both ‘Direct Funds’ and ‘Fund of Funds’ listed private equity companies.

P a s s i o n f o r P r i v a t e M a r k e t s

JUDGES

Charles ArmstrongCazenove Capital Management

Charles is a Portfolio Director with responsibility for managing UK private client portfolios, private OEIC’s and inflation plus mandates.

Charles CadeNumis Securities

Charles is Head of Investment Companies Research. Prior to joining Numis in 2008 he was previously at Winterflood Securities, HSBC and Merrill Lynch. He has worked as both a consultant and an economist for the UK government.

Benjamin IslerLGT Capital Partners

Prior to joining LGT CP in 2007 Ben worked as European Equity Sales Analyst at J.P. Morgan in Zurich.

Andrew McHattieThe McHattie Group

Andrew runs The McHattie Group, an authorised firm that publishes specialist investment newsletters. Has been the editor of Investment Trust Newsletter since 1996.

Innes UrquhartWinterflood Securities

Innes joined Winterflood Securities in 2012. He began his career at Ernst & Young and subsequently spent four years working as a credit analyst at the Royal Bank of Scotland before moving to Liberum Capital.

LPEQ Investor Conference 2015The private equity event for public market investors

2 June 2015The Royal Institution of Great Britain, W1S 4BSLPEQ

Sponsored by:

www.RBS.com

Sponsored by:

www.17capital.com

Sponsored by:

www.h2glenfern.com

AGENDA 09.30: Registration 10.00: Introduction Andrea Lowe LPEQ, CEO 10.10: ‘ThePrivateEquitydifference–Corporategovernance

asalphadriverinprivateversuspublicequity’ ConorKehoe McKinsey & Company

10.40: PANEL:PrivateEquity–Thenewdefensive? Andy Gray Graphite Capital Peter Wilson HarbourVest Partners Thomas Meyer LDS Partners ChrisJagger NZ Superannuation Fund Moderator : AlexKoriath Cambridge Associates

11.30: Coffee break 11.55: PANEL:Themechanicsofleverage,or,puttingthe‘L’inLBO Augustin Duhamel 17Capital

Shaun Middleton Dunedin BillPriestleyElectra Partners SteveCockellRBS Moderator : David Petrie ICAEW

12.45: Lunch 13.30: “MyPrivateEquityExperience”:Inconversation

Thomas Vollrath former CEO, Host Europe Group, speaks toRossButler 14.00: PANEL:ListedPrivateEquity–Stockpicker’sparadise?

Maurice Tchenio Altamir Gérance ChrisWeaverCity of London Investment Management DesmondKinchOverseas Asset Management ChristianLeuchtweisPartners Group Moderator : BillBakerh2glenfern

14.45: ClosingremarksAndrewLebusLPEQ, Chairman FollowedbyAwardpresentation

15.00-17.00: One-to-One Manager meetings

Conference Host

Mark FlormanFormer BVCA CEO

Mark has advised a wide variety of governments and industries and is an investor in private equity. Mark is a member of the Social Impact Investment Taskforce established by the G8 and is Chairman of The Centre for Social Justice, as well as holding principle positions on a number of other boards and committees. In 2015 Mark was appointed to the board of the BBC Trust, and is Trustee for England.

Andrea LoweLPEQ, Chief Executive and Board Member

Andrea founded LPEQ in 2006, bringing over 20 years experience in investment management marketing strategy, research and communications. Her earlier career included working in marketing research for Pillsbury and Gillette and global business development for fund manager GT Management (later INVESCO). She holds a BA from Dartmouth College and an MBA from Stanford University.

Conor Kehoe McKinsey & Company Senior Partner

Founder of McKinsey’s Investor Industry Practice, Conor is involved in board and owner governance and in Corporate Strategy. He is a member of the Executive Committee of McKinsey Solutions. Originally a software engineer, Conor has led McKinsey’s Tech and Telecom Practice in Europe. A member of McKinsey’s Global Risk Committee, he is also adjunct lecturer at Tsinghua University in Beijing.

Andy Gray Graphite Capital Senior Partner

Andy is joint head of Graphite Capital’s investment team and responsible for recruitment. He has led numerous transactions including Wagamama, Maplin Electronics, Jane Norman, Kurt Geiger, Corbin & King, TMP and SBJ. Prior to joining Graphite in 1992, he worked in private equity for Morgan Grenfell Development Capital. He has a first class degree in Economics from Stirling University and an MBA from Warwick Business School.

Peter Wilson HarbourVest Partners Managing Director

Peter Wilson joined HarbourVest’s London team in 1996 and leads secondary investment activity in Europe. He is a member of the Firm’s Executive Management Committee. He serves as one of two Executive Directors on the Board of HarbourVest Global Private Equity. Prior to joining the Firm, he spent three years working for the EBRD in Russia. Peter also spent two years at The Monitor Company, a strategy consulting firm based in Cambridge, Massachusetts.

Thomas Meyer LDS Partners Co-founder

Thomas Meyer is a Shimomura Fellow of the Development Bank of Japan’s Research Institute of Capital Formation. He is a member of the EVCA Private Equity Risk Working Group, the Risk Management for Alternative Investment Funds Working Group of ALFI in Luxembourg, and a member of the Chartered Alternative Investment Analyst Association’s (CAIA©) private equity sub-committee.

List of Guest Speakers

Chris Jagger NZ Superannuation Fund

Chris joined the Fund in January 2013 and has spent over a decade in the private equity industry, as an LP with both NZ Super and the Future Fund, a GP with Lloyds Development Capital and GI Partners, and an advisor with Bain & Co and Lehman Brothers. Chris started his career in New Zealand with Arthur Andersen and the New Zealand Treasury. He has degrees in Law and Commerce from the University of Auckland and an MBA from Wharton School of Business, Pennsylvania.

Alex KoriathCambridge Associates

Alex heads Cambridge Associates’ UK pension practice. Prior to joining Cambridge Associates, Alex served as a Director and Head of Research in KPMG’s Investment Advisory team. He also led a number of large client relationships and was responsible for the direction and shape of the investment advice delivered. Before joining KPMG, Alex had gained investment experience at Hewitt Bacon & Woodrow and Allianz Group.

Augustin Duhamel17Capital Managing Partner

Augustin co-founded 17Capital in 2008 and has 20 years of experience in private equity, corporate finance and management consulting. Augustin’s prior experience includes Deloitte, A.T. Kearney and Paribas. Augustin holds a Master’s in Management from E.S.C.P. Europe Business School and a Degree in Economics from Paris IX Dauphine University.

Shaun MiddletonDunedin Managing Partner

Shaun joined Dunedin in 1994. His duties involve strategic direction, chairman of the investment committee, investor relations and fundraising. He was involved in the buyouts of CitySprint, Hawksford, ABI, Goals Soccer Centres, Davenham, Zenith, Practice Plan and etc.venues. He has a Bcom, Honours from the University of the Witwatersrand, Johannesburg, and qualified as a chartered accountant with Coopers & Lybrand, Deloitte in 1992.

Bill PriestleyElectra Partners Partner

Bill joined Electra Partners in 2014 from LGV Capital where he was Managing Director. He was with LGV Capital for over 10 years and before worked at NM Rothschild & Sons and Barclays Bank. Bill sits on the Investment Committee of Electra Partners and on the Boards of Innovia Group, The Original Bowling Company and TGI Fridays. Bill has a degree in Law from Cambridge University.

Listed Private Equity Review Summer 2014

Steve CockellRBS, Financial Sponsors London, Managing Director

Steve is responsible for Sponsor Coverage in the UK mid-market. Steve previously worked for NatWest in a variety of relationship roles in Corporate Banking and in the different disciplines of strategy, marketing and capital markets training, before joining RBS in the late 90’s. Steve’s qualifications include an MBA in Banking Management, Association of Corporate Treasurers (AMCT) & Chartered Institute of Bankers (DipFS & ACIB).

David Petrie ICAEW Head of Corp Finance

David was appointed as head of corporate finance at the ICAEW in 2011 and he leads its Corporate Finance Faculty. Formerly with PwC, David has advised on numerous transactions both in the UK and internationally.

David holds a BSc (Jt Hons.) from the University of Durham, an MBA with distinction from the University of Bath, and he also holds the ICAEW’s Corporate Finance qualification (CF).

Thomas VollrathFormer CEO, Host Europe Group

Thomas Vollrath is a strategic advisor to private equity companies in the web hosting industry and an angel investor. Over the last 20 years Thomas has been responsible for numerous acquisitions, turn-around programmes, PE deals, innovation and digital inclusion initiatives at the Host Europe Group, Nominet, United Internet, Mars and Arrow Electronics.

Maurice Tchenio Altamir Gérance Chairman and CEO

Maurice is a pioneer of private equity, having co-founded Apax Partners with Alan Patricof and Ronald Cohen. He was Chairman and CEO of Apax Partners France, a co-founder of the French private equity association (AFIC) and a former Director of the EVCA. In 1995 he founded Altamir, a listed private equity company. In 2010, he founded the state-approved venture philanthropy foundation AlphaOmega.

Chris WeaverCity of London Investment Management (CLIM)

Chris is a portfolio manager in the London office. He joined CLIM in 1998 as a Research Analyst and has also worked as a Portfolio Manager in the Dubai and Singapore offices. Prior to joining CLIM, Chris spent two and a half years working in the international research department of Daishin Securities in Seoul, South Korea. He holds a BA (Hons) in Economics from University of Portsmouth.

LPEQ

Desmond KinchOverseas Asset Management

Desmond founded Overseas Asset Management in 1989. OAM invests in listed private equity funds as part of its mandates for OAM Asian Recovery Fund and OAM European Value Fund.

Desmond is a CFA Charterholder and a past President of the Cayman Islands Society of Financial Analysts, an affiliate chapter of the CFA Institute.

Christian LeuchtweisPartners Group VP of Liquid Private Markets

Christian Leuchtweis is part of the liquid private markets business unit, based in Zug. He is a member of the liquid investments investment committee. Prior to joining Partners Group, he worked at the Quandt Family Office and Lehman Brothers. He holds an MBA from the Helsinki School of Economics, Finland.

Bill Baker h2glenfern Partner

Bill has over 25 years as an experienced fund manager. He worked at Schroder Investment Management for over 10 years and has also served on the Institutional Investor Group of the London Stock Exchange and on the advisory boards of several venture capital funds. After Schroders, he was at Aviva before becoming Chairman of the United Lincolnshire Hospitals Trust and advising a number of privately owned companies.

Ross ButlerJRA Butler Associates Partner

Ross was External Affairs Director of LPEQ (2011-2013), and before that served as Communications Director for the European Private Equity and Venture Capital Association (2008 to 2011). Ross is a former journalist and has written for a wide range of international, national and business publications, including the Spectator and Corporate Financier. From 2005 to 2008 Ross was the editor of Real Deals, an international private equity magazine.

Andrew Lebus LPEQ, Chairman (Pantheon Ventures, Partner)

Andrew is a senior member of Pantheon’s investment team. He is responsible for co-ordinating the activities of Pantheon International Participations PLC and is a member of the Asia Regional and Secondary Investment Committees. Prior to joining Pantheon, Andrew worked for a number of years in corporate finance with special emphasis on the private equity market. Andrew is Chairman of the Board of LPEQ Limited.