Buyouts Texas, hosted by Buyouts Magazine
December 11, 2008 at the Rosewood Crescent Hotel
AGENDA*
9:00 Texas Mid-Year Market Outlook
Backed by global data provider Thomson Reuters, Buyouts Magazine gives a snapshot of Texas deal flow to date, and projections for the year ahead.
Matthew Toole, Director, Deals Intelligence, Thomson Reuters
9:15 LP Keynote Interview
A conversation between Aldus founder Saul Meyer and Buyouts. Aldus, which manages or advises on more than $6 billion from institutional clients, has made commitments to more than 200 buyout, venture, mezzanine, distressed, and special situation funds, since inception in 2003. Clients in the Southwest include Los Angeles Fire & Police Pension System, Louisiana State Employees, New Mexico State Investment Council, New Mexico Educational Retirement Board and Oklahoma Teachers.
Saul Meyer, Partner, Aldus Equity
Interviewed by: David Toll, Editor, Buyouts
9:45 Panel 1: LPs Adapt To Our New Market
This panel will concentrate on how LPs are adapting to the new market where deal making is down but LBO firms continue to shop for equity. Topics covered will include: Where are LPs allocating their alternative investments? What kinds of funds are thriving? How can firms raise money from LPs in today’s environment? Use info from this panel to get inside the minds of LPs and improve your road show.
Moderator:
Dan Primack, Founder, peHUB.com
Panelists:
Tripp Brower, Founder and Managing Partner, Capstone Partners
Tom Danis, Managing Principal, RCP Advisors
John Morris, Managing Director, Harbourvest
Bill Quinn, Chairman, American Beacon Advisors
Lorraine Hliboki, Partner, Pomona Capital
10:30 Coffee Break
10:50 Panel 2: Deal Financing Today
Cheap, covenant-free debt has gone missing over the past year, as big
banks pulled back on generous loans. This means new players have
entered the market and prospects have risen for mezzanine funds. As
equity components of deals climb and existing portfolio companies
struggle under debt loads, this panel seeks to paint a picture of what
deal financing is like today, where to find debt and on what terms, and
what options LBO firms have now when a levered up company starts to
stumble.
Moderator:
David Toll, Editor, Buyouts
Panelists:
Brandon Bethea, Principal, Insight Equity
John Brignola, Partner, LBC Credit Partners
Timothy Costello, Co-Founder and Managing Partner, Newstone Capital Partners
Gene Miao, Managing Director, Highland Capital Management
Kevin O'Brien, Managing Director, CCMP Capital Advisors
11:30 Panel 3: Energy Deal Making
This panel will tackle energy prices, fuel shortages and global warming—always pertinent topics in Texas and never more so than today. As this panel meets in early December, talk will focus around the energy policy for the then-newly elected president and how it will impact deal making over the next year. Panelists will also tackle a number of other issues,
including sustainable energy investing and energy services deals.
Moderator:
Dan Primack, Founder, peHUB.com
Panelists:
Charles Cherington, Managing Partner, Intervale Capital
Kenneth Hersh, Managing Partner, Natural Gas Partners
Keith Behrens, Managing Director, Energy Capital Solutions
Kevin Kuykendall, Managing Director, American Capital Energy
12:15pm Networking Lunch
1:20pm Keynote Address
Peter Brodsky, a Partner with Dallas-based HM Capital Partners, sits down for an interview with Buyouts for our second keynote. HM Capital, one of the leading LBO shops in Texas, is focused on middle-market investments in media, food and energy in the United States and Canada, among other sectors. Brodsky, who has been with the firm since 1995, is responsible for the firm’s media investments, including its activities in telephone directories, broadcasting, cable television and media services.
Peter Brodsky, Partner, HM Capital Partners
Interviewed by: Mark Cecil, Contributing Editor, Buyouts
1:50pm Coffee Break
2:10pm Panel 4: The State Of Texas Deal Flow
Our closing panel launches us in appropriate fashion into our Deal Flow
Circuit networking session. Here, we gather GPs and bankers to talk
about deal flow trends in the Texas region for middle market firms. Where
are deals coming from now? Are LBO shops bridging the gap with sellers?
How much equity are firms putting into their transactions, how are they
putting funds to work in slower times?
Moderator:
Shaun Buckley, Director, Transactions Support Services Group, RSM McGladrey
Panelists:
Jeff Fronterhouse, Co-Founder, Brazos Private Equity Partners
Howard Lipshutz, Director, KRG Capital
Rick Lacher, Managing Director, Houlihan Lokey
Brent Williams, Managing Director, Halifax Group
Kneeland Youngblood, Co-Founder and Managing Partner, Pharos Capital Group
3:00pm Deal Flow Circuit: Meet The Region’s Top GPs
In this structured networking event, meet the best and the brightest from the region. Hop from table to table. Collect business cards. Do a deal. Food and refreshments served throughout.
Participating Firms:
- American Capital Strategies
- Brazos Private Equity Partners
- CCMP Capital Advisors
- Gladstone Companies
- Halifax Group
- HM Capital Partners
- Hunt Growth Capital
- Insight Equity
- KRG Capital
- Lone Star CRA
- Momentum Capital Partners
- Natural Gas Partners
- Pharos Capital Group
- The Riverside Company
- Rock Hill Capital Group
- TGF Management Corp.
- And many more...
If you’d like to participate, contact Mark Cecil, Conference Manager, at 415.344.5069 or mark.cecil@thomsonreuters.com.
4:30 pm Conference Ends
*Agenda is subject to change without notice.
