Latin Lawyer 6th Annual Private Equity Conference

Transcripción

1 SEP Latin Lawyer 6th Annual Private Equity Conference Organised by: Latin Lawyer Event sponsorship New York, USA Thursday, 17 September 2015 at 08:00 Tel: Fax: Overview Chaired by Todd Crider, Simpson Thacher & Bartlett. Conference topics include: Adventures in Latin American private equity: An Introduction to the discussions of the day Morning keynotes: Planning the expedition - knowing the terrain, the supplies and the opportunities - current prospects for private equity in the region, based on on regional M&A activity data and macroeconomic and sector prospects followed by a data-filled survey report of the private equity industry in Latin America, including legal and regulatory updates planned for this year The leaders of the expedition - the bankers panel - deal flow, knowing the opportunities Never enter a saloon unless you know how to get out - structuring the successful PE deal - mitigating risks, processes, structuring, and planning for exit Supplies to carry with you or sourcing from the land - comparing trends in financing locally and internationally After the expedition, how to get the treasure home - avoiding tax inefficiencies and detours Munitions - fund-raising and impact of volatility on returns and on future prospects Hot topics affecting deal making in the region

2 Speakers Chaired by: Todd Crider, Simpson Thacher & Bartlett Keynote speakers: Jim Allen, Managing Director & Head of Latin American M&A, Morgan Stanley Cate Ambrose, President and Executive Director, Latin American Private Equity & Venture Capital Association (LAVCA) Speakers: Carlos Albarracín, Milbank, Tweed, Hadley & McCloy Francisco Alvarez-Demalde, Founder and Partner, Riverwood Capital Partners Paulo Cezar Aragão, Barbosa Müssnich & Aragão Erica Berthou, Debevoise & Plimpton João Busin, TozziniFreire Guillermo Ferrero, Estudio Ferrero Sergio Galvis, Sullivan & Cromwell Pablo Guerrero, Barros y Errázuriz Luis Nicolau Gutiérrez, Ritch, Mueller, Heather y Nicolau Francisco Guzmán, Carey y Cía Victor Hollender, Skadden, Arps, Slate, Meagher & Flom Andrés Hoyos-Ramírez, Gómez-Pinzón Zuleta Fulvio Italiani, D'Empaire Reyna

3 Carlos José Rolim de Mello, Machado, Meyer, Sendacz e Opice Pablo Mijares Ortega, Mijares, Angoitia, Cortés y Fuentes Francesca Odell, Cleary Gottlieb Steen & Hamilton Arturo Perdomo J., Galicia Lior Pinsky, Veirano Marina Procknor, Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga Alberto Rebaza, Rebaza, Alcázar & de las Casas Diego Serrano Redonnet, Pérez Alati, Grondona, Benites, Arntsen, & Martínez de Hoz (h) José Andrés Romero, Brigard & Urrutia Alejandro Santoyo, Creel, García-Cuéllar, Aiza y Enríquez Juan Pablo Schwencke, Aninat Schwencke & Cía Mateo Ugas, Vice President, Latin America Financing Group within the Investment Banking Division of Goldman Sachs Carolina Zang, Zang, Bergel & Viñes Programme 8.00: Welcome coffee and registration 8.30: Chairs' welcome: Adventures in Latin American private equity Todd Crider, Simpson Thacher & Bartlett 8.45: Morning keynotes: Planning the expedition - knowing the terrain, the supplies and the opportunities

4 Jim Allen, Managing Director and Head of Latin American M&A at Morgan Stanley, will start the day with a survey on the current prospects for PE in the region, based on the bank's data on regional M&A activity and macroeconomic and sector prospects. Cate Ambrose, President and Executive Director of the Latin American Private Equity & Venture Capital Association, will follow Jim and provide a data-filled survey of the private equity industry in Latin America, including looking at legal and regulatory updates planned for this year Does the oil prices swoon doom energy exporting nations across the region? Will low prices kill expected benefits from Mexican energy reform? Will Brazil and Petrobras woes throttle Brazilian prospects? Can the region escape the commodities cycle? Will Chile drop off the top spot for most welcoming investment environment? 9.15: Session one: The leaders of the expedition - the bankers panel Leading PE and M&A bankers will discuss the deal flow and opportunities in Latin America. Including: Valuations - strategies for finding value How to cope with the Brazilian recession and devaluation of currency? What sectors and countries are the most appealing? What happens to funds that were invested in boom years? How to address exchange rate risk? Increased use of leverage to boost returns New opportunities for 2016 Moderator: Todd Crider, Simpson Thacher & Bartlett Cate Ambrose, President and Executive Director, Latin American Private Equity & Venture Capital Association (LAVCA) Jim Allen, Managing Director & Head of Latin American M&A, Morgan Stanley Francisco Alvarez-Demalde, Founder and Partner, Riverwood Capital Partners Further speakers to be announced 10.00: Coffee break sponsored by Aguilar Castillo Love 10.30: Session two: Never enter a saloon unless you know how to get out - structuring the successful PE deal Mitigating regulatory and foreign investment risks Navigating the competitive bid processes

5 Dealing with minority investor interests Key points in joint venture structuring Planning for exit Moderator: Sergio Galvis, Sullivan & Cromwell Paulo Cezar Aragão, Barbosa Müssnich & Aragão Guillermo Ferrero, Estudio Ferrero José Andrés Romero, Brigard & Urrutia Diego Serrano Redonnet, Pérez Alati, Grondona, Benites, Arntsen & Martínez de Hoz (h) 11.30: Coffee break sponsored by Aguilar Castillo Love 11.50: Session three: Supplies to carry with you or sourcing from the land - comparing trends in financing locally and internationally Local market financing - when is it the right choice? How to make locally-denominated financing work in Brazil, Mexico, Chile, elsewhere? Financing from abroad - the latest and safest structures Key documentary wrinkles for PE leveraged finance Moderator: Carlos Albarracín, Milbank, Tweed, Hadley & McCloy Arturo Perdomo J., Galicia Lior Pinsky, Veirano Mateo Ugas, Vice President, Latin America Financing Group within the Investment Banking Division of Goldman Sachs Francisco Guzmán, Carey y Cía 12.50: Networking lunch sponsored by Gómez-Pinzón Zuleta 14:00 Session four: After the expedition, how to get the treasure home - avoiding tax inefficiencies and detours Key tax due diligence and structuring issues in PE deal making Effective tax structures in private equity deal-making from key jurisdictions Chart of key tax indicators across the region Friendly and unfriendly tax policies and structures around the region Brazil - how FIP structures should be used

6 Moderator: Victor Hollender, Skadden, Arps, Slate, Meagher & Flom Andrés Hoyos-Ramírez, Gómez-Pinzón Zuleta Carlos José Rolim de Mello, Machado, Meyer, Sendacz e Opice Alejandro Santoyo, Creel, García-Cuéllar, Aiza y Enríquez Juan Pablo Schwencke, Aninat Schwencke & Cía 15.00: Coffee break sponsored by Aguilar Castillo Love 15.20: Session five: Munitions - fund-raising and impact of volatility on returns and on future prospects How to plot the most effective fundraising structures from country to country Raising enough funds for Mexico s energy needs US investigation into fee structures of PE funds - how might that change the industry? Locally-based funds - best structures and their advantages Moderator: Erica Berthou, Debevoise & Plimpton Marina Procknor, Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga Pablo Guerrero, Barros y Errázuriz Luis Nicolau Gutiérrez, Ritch, Mueller, Heather y Nicolau Alberto Rebaza, Rebaza, Alcázar & de las Casas 16.20: Session six: Hot topics affecting deal making in region Exploration expeditions can be high risk/high return. Does that remain true of Latin America? This panel will investigate some of the principal threats to even the best planned expedition, including: What about local anti-corruption litigation? Interaction between US and local regulators Analysis of Petrobras case in Brazil and US Is it time to return to Argentina? When Cuba? Risk of piercing the corporate veil in consumer and labour cases Sovereign risk - the killer that will not die Moderator: Francesca Odell, Cleary Gottlieb Steen & Hamilton Fulvio Italiani, D'Empaire Reyna Pablo Mijares Ortega, Mijares, Angoitia, Cortés y Fuentes

7 João Busin, TozziniFreire Carolina Zang, Zang, Bergel & Viñes 17.20: Chairs' closing remarks 17.30: Close of conferencee