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Alternative Investments Conference Set for Feb. 14 at UNC Kenan-Flagler Business School

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Chapel Hill, N.C. (PRWEB) February 03, 2014

The seventh annual Alternative Investments Conference (AIC) will be hosted by the University of North Carolina Kenan-Flagler Business School on Feb. 14.

The conference is a forum for private equity, hedge fund, venture capital and limited partner professionals to network, share ideas and stay abreast of industry trends.

“Seeking Sustainable Yield” is the theme of the student-led event organized by the UNC Kenan-Flagler Private Equity Club, an MBA career organization.

Keynote speakers will be:

    Terry S. Brown, chairman and chief executive officer, EDENS
    William C. Montgomery, managing director, Quantum Energy Partners
    Mounir Guen, chief executive officer, MVision
Over 25 speakers will participate in panel discussions on private equity, real estate, energy and infrastructure, distressed and special situations, hedge funds and emerging markets.

Proceeds from the conference fund the Alternative Investment Fellowship, which assists selected UNC Kenan-Flagler MBA students gain summer internships with leading alternative investment firms.

The robust focus on private equity at UNC Kenan-Flagler extends from educational and career preparation for students – including the only student-run private equity fund at a top-tier business school – to the faculty’s research.

The AIC will be held at the Carolina Club on the UNC campus. For more information and registration, go to http://www.uncaic.com.

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About the University of North Carolina Kenan-Flagler Business School

Consistently ranked one of the world’s best business schools, UNC Kenan-Flagler is known for its collaborative culture that stems from its core values: excellence, leadership, integrity, community and teamwork. Professors excel at both teaching and research, and demonstrate unparalleled dedication to students. Graduates are effective, principled leaders who have the technical and managerial skills to deliver results in the global business environment. UNC Kenan-Flagler offers a rich portfolio of programs and extraordinary, real-life learning experiences: Undergraduate Business (BSBA), full-time MBA, Executive MBA Programs (Evening, Weekend and global OneMBA®), online MBA@UNC, UNC-Tsinghua Dual-Degree EMBA, Master of Accounting, PhD, Executive Development, and UNC Business Essentials programs. It is home to the Frank Hawkins Kenan Institute of Private Enterprise.







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ACG Chicago, Inc. Presents the Annual Mergers and Acquisitions Market Trends Breakfast

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Chicago, IL (PRWEB) January 31, 2014

ACG Chicago is proud to be hosting the annual Market Trends breakfast on Friday, February 7 from 7:30am to 10:30am (including networking time) at the Standard Club in Chicago. Hundreds have attended this classic each year for at least three decades. This year 250-300 will join our elite panel of experts to discuss the 2014 market and the best paths for capitalizing growth.

The 2014 Market Trends panel includes:

Maneesh K. Chawla, Principal, Prospect Partners, LLC
Eric D. Malchow, Managing Director, Lincoln International, LLC
Ryan R. McKenzie, Partner, Arbor Investments
Dennis R. Robleski, Managing Director, BMO Harris Bank, and
Suzanne L. Saxman, Partner, Seyfarth Shaw LLP (Moderator)

Maneesh Chawla is a private equity veteran with 15 years of experience investing in smaller lower-middle-market companies. As a Principal of Prospect Partners, he is involved in all aspects of investment sourcing, execution, and management. Mr. Chawla currently serves on the board of directors of five of the firm’s portfolio companies. Mr. Chawla joined Prospect Partners in 2000 and became a Principal of the Firm in 2004.

Eric Malchow is Co-President North America and Managing Director of Lincoln International. He joined the firm during its founding in 1996 and is a member of the firm’s Management Committee and co-heads the Global Industrial Group. Eric has approximately 20 years of transactional experience focused in middle-market mergers and acquisitions assignments. Eric’s clients include leading private equity groups and publicly-traded corporations. His experience includes advising on the sale and acquisition of companies which are market-leading, overleveraged, distressed or proceeding through the bankruptcy process. His experience also includes advising on numerous cross-border transactions.

Ryan McKenzie joined Arbor in 2000. He is the former owner and Chief Operating Officer of Chicago, Illinois-based ice machine distribution & leasing firms Automatic Ice, Inc. and Icemakers, LLC. Prior to his involvement in the ice business, Mr. McKenzie spent 20 years in senior positions in the commercial banking industry, including senior lender, CIO, Head of Corporate Finance and Director of the Mezzanine Finance Group at American National Bank of Chicago. He is also the former President and COO of Pullman Bank, Chicago, Illinois. For Arbor Fund I, Mr. McKenzie was an Operating Partner and served on the Board of the Pinnacle Equipment Group. Mr. McKenzie serves as a Director of Columbus Manufacturing, Inc., New French Bakery, Inc. and Gold Standard Baking, Inc.

Dennis Robleski is managing director and group head of BMO Harris Bank’s sponsor finance group, where he manages a team of 45 professionals and more than $ 3.5 billion in assets. Prior to joining BMO Harris Bank, Mr. Robleski co-founded and served as managing director of Merrill Lynch Capital’s corporate finance group, which upon its sale had assets of more than $ 5.5 billion. Before joining Merrill Lynch Capital, Mr. Robleski spent 19 years at Heller Financial, where as executive vice president and group head for sponsor finance and private equity investments, he oversaw 85 individuals and more than $ 3 billion of assets. Mr. Robleski also served in origination, underwriting, portfolio management and workout roles in Heller’s Chicago, Atlanta and Dallas offices.

Ms. Saxman is a partner in the Chicago office of Seyfarth Shaw LLP and Chair of Seyfarth’s Mergers & Acquisitions practice group, concentrates her practice in mergers and acquisitions, commercial transactions, and general corporate matters. She advises on the ideal form of organization, business plans, equity and stockholder agreements, commercial transactions, and exit strategies. Ms. Saxman has extensive experience resolving owner disputes and negotiating settlements. Ms. Saxman represents clients in mergers and acquisitions and other business development opportunities such as marketing, distribution and licensing agreements, and joint ventures. She strategizes on the business and legal aspects of negotiating transactions and corporate governance. Ms. Saxman also represents clients on the purchase and sale of distressed assets. She also advises clients on commercial financing matters and negotiates acquisition financing, private debt and equity financing, and venture capital.

The Market Trends event is open for registrations at http://www.acgchicago.com/14markettrends.aspx. Registration prices are $ 45.00 ($ 30.00 for ACG members) through February 3rd. Late registration after February 3rd is $ 60.00 ($ 45.00 for ACG members). You can call 877-224-6389 for more information.







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Syed Qutub Ahmed, Private Equity, Venture Capital Part 3

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Interview of Syed Qutub Ahmed, CEO Apvision Pvt. Ltd. on Private Equity, Venture Capital at Business Plus, Live Wire, In Focus Part 3 Asif Hussain Producer: …
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New index reveals extent of boom and bust in private equity

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Oxford, Oxfordshire (PRWEB UK) 22 January 2014

A new methodology for estimating private equity returns has taken the guesswork out of analysing the ebb and flow of performance in this asset class, and suggests that these markets may be more volatile than was previously assumed. This could have a major impact on the decisions made by institutional investors such as, pension funds, endowments, colleges and foundations.

“The value of investments in listed companies is easy to measure. You just have to look at the share price,” said Ludovic Phalippou from Saïd Business School, University of Oxford, one of the academics involved in the project. “But valuing private equities has always been more a matter of opinion, a little more sophisticated than dinner party discussions about what people’s own houses are worth. Our methodology should change that.”

The methodology, developed by an international team of academics (Andrew Ang, Bingxu Chen, both at Columbia University, and Will Goetzmann at Yale University, together with Oxford’s Phalippou) has been designed to give investors and commentators a more accurate picture of the risks and returns of investing in private equities such as real estate, venture capital, buyout and debt. Instead of focusing on measures such as volume (commonly used to assess property markets and other private equity assets), and subjective valuations (commonly used in venture capital and buyout), Phalippou and the team have used only the actual cash flows paid and received by investors in different funds to estimate returns measured over time.

The result was an index demonstrating the dynamics of private equity between 1993 and 2011, which allowed the researchers to test theories about the cyclical nature of private equity returns.

“We found that the cycles shown in our index made sense when compared with commentary about the markets at the time,” said Phalippou. “However, they also revealed a greater degree of volatility within the overall cycle than standard industry indexes. For example, the volatility of our cash flow-based return time series for buyout funds is 25% per annum compared to 11% for the Cambridge Associates buyout index. Similarly, the NCREIF real estate index has a volatility of only 5%, while our estimated volatility of private real estate funds is 19%.”

Phalippou argues that the index shows that, over time, private equity investments do outperform a size-weighted index of listed companies. However, compared with the average listed company, and/or correcting for risk, “Returns are at par at best.”

For more information or to speak with Ludovic Phalippou please contact the press office:

Clare Fisher, Head of Public Relations, Saïd Business School

Mobile: +44 (0) 7912 771090; Tel: 01865 288968

Email: clare.fisher(at)sbs(dot)ox.ac.uk

Josie Powell, Press Officer, Saïd Business School

Mobile +44 (0)7711 387215, Tel: +44 (0) 1865 288403

Email: josie.powell(at)sbs(dot)ox.ac.uk or pressoffice(at)sbs(dot)ox.ac.uk

Notes to editors

About the paper

Estimating Private Equity Returns from Limited Partner Cash Flows

http://dx.doi.org/10.2139/ssrn.2356553

About Ludovic Phalippou

[http://www.sbs.ox.ac.uk/community/people/ludovic-phalippou

About Saïd Business School

Saïd Business School at the University of Oxford blends the best of new and old. We are a vibrant and innovative business school, but yet deeply embedded in an 800 year old world-class university. We create programmes and ideas that have global impact. We educate people for successful business careers, and as a community seek to tackle world-scale problems. We deliver cutting-edge programmes and ground-breaking research that transform individuals, organisations, business practice, and society. We seek to be a world-class business school community, embedded in a world-class University, tackling world-scale problems.

In the Financial Times European Business School ranking (Dec 2013) Saïd is ranked 12th. It is ranked 13th worldwide in the FT’s combined ranking of Executive Education programmes (May 2013) and 24th in the world in the FT ranking of MBA programmes (Jan 2013). The MBA is ranked 5th in Businessweek’s full time MBA ranking outside the USA (Nov 2012) and is ranked 5th among the top non-US Business Schools by Forbes magazine (Sep 2013). The Executive MBA is ranked 23rd worldwide in the FT’s ranking of EMBAs (Oct 2013). The Oxford MSc in Financial Economics is ranked 6th in the world in the FT ranking of Masters in Finance programmes (Jun 2013). In the UK university league tables it is ranked first of all UK universities for undergraduate business and management in The Guardian (Jun 2013) and has ranked first in nine of the last ten years in The Times (Sept 2013). For more information, see http://www.sbs.ox.ac.uk/

ENDS







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FactSet for Private Equity and Venture Capital

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FactSet’s solutions for Private Equity and Venture Capital get you closer to your market and help you uncover new investment opportunities.
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To learn more visit http://www.findthecapital.com Video by, Brent Virkus – President and CEO TRiTON Capital Advisory We’ve found there are really three main …
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Private Equity and Venture Capital in Latin America (part 7)

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Panel discussion centered on private equity and venture capital in Latin America. The panel is moderated by Juan Pablo Capello of Greenberg Traurig and featu…