Private Equity Roundtable - The State of the PE Market: Industry Leaders Share Perspectives

Tuesday, April 29, 2008: Boston
Wednesday, April 30, 2008: New York City

6:00 - 6:30 p.m. Registration
6:30 - 8:00 p.m. Panel Discussion and Q&A
8:00 - 9:00 p.m. Cocktail Reception

The 2008 Ropes & Gray Private Equity Roundtable will bring together industry leaders to share perspectives on the current PE market and to forecast what the future holds for the key stakeholders in this industry.

Topics for discussion will include:

• Deal Terms
  
  Is anything certain in today's market? How to navigate this new age of "busted deal" litigation, financing outs, sponsor backstops, reverse breakup fees, "no mac" conditions, and limitations on remedies vs. target's right to specific performance.
  
  Are deal terms evolving in the current environment? What will PE sponsors demand of targets and lenders? What will targets (and their boards) demand of PE sponsors and lenders by way of deal certainty? What will lenders be willing to provide?
  
  What are the debt terms (and sources) for mega-deals and middle market?
  
  How are deal terms impacting fundraising and GP/LP terms?
  
  
• Middle Market
  
  What are the threats and opportunities for middle market in the current environment?
  
  Will mega-deal financing markets draw mega firms back into middle market?
  
  
• Foreign Focus
  
  What are the trends in the global PE landscape?
  
  What do you need to know when doing deals in developing economies?
  
  Are Sovereign Wealth Funds a complement to or substitute for PE fund investors?
  

Moderator
Josh Lerner, Jacob H. Schiff Professor of Investment Banking at Harvard Business School

Boston Panelists
Thomas Blumenthal, Managing Director, The Baupost Group, LLC 
Sean Doherty, General Counsel, Bain Capital, LLC
Jonathan Lavine, Managing Director, Bain Capital, LLC and Chief Investment Officer, Sankaty Advisors, LLC
Vikrant Raina, Managing Director, Boston Ventures
Scott Schoen, Co-President, Thomas H. Lee Partners, L.P.
Newcomb Stillwell, Partner, Ropes & Gray LLP

New York City Panelists
Benjamin Chereskin, Managing Director, Madison Dearborn Partners, LLC
Alan Jones, Managing Director and Co-Head of Private Equity Group, Morgan Stanley
Jonathan Lavine, Managing Director, Bain Capital, LLC and Chief Investment Officer, Sankaty Advisors, LLC
Iain Leigh, Managing Partner, AlpInvest Partners Inc.
Othon Prounis, Partner, Ropes & Gray LLP 
Jack Weingart, Partner, TPG Capital, L.P.

For more information, please call 617-854-2849.