MasterClassTM

Capital Roundtable

 

Partial List of
Past Attendees

AEA Investors

Aldine Capital Partners

AlpInvest Partners Inc.

American Capital

Antelum Capital

Ares Management

Baker & Hostetler LLP

Bank of America

Benesch Friedlander

Black Canyon Capital

Bridge Ventures LLC

Broadway Partners

Cantor Fitzgerald LP

CapitalSource Inc.

The Carlyle Group

Castle Harlan Inc.

Charlesbank Capital

Churchill Financial

CIT Corporate Finance

CNL Private Equity Corp.

Court Square Capital

Credit Suisse Group

D. E. Shaw & Co.

D. E. Shaw Direct Capital

Debevoise & Plimpton

Deloitte & Touche LLP

Development Bank of Southern Africa

Emtec Inc.

Ernst & Young LLP

Fenway Partners LLC

Fifth Street Finance

First Atlantic Capital

GB Merchant Partners

GE Antares Capital

GE Capital Markets Inc.

Global Sponsor Finance

Guggenheim Partners

Highstar Capital LP

Houlihan Lokey

Intersection Partners

Ironwood Capital Ltd.

K&L Gates LLP

Key Principal Partners

Kohlberg Capital Corp.

KPMG LLP

Law Offices of Clement B. Wood

LBC Credit Partners Inc.

Lincoln International

Lucas Group Inc.

Merrill Lynch Global Private Equity

MidOcean Partners

Morgan Joseph & Co.

Morgan Keegan & Co.

Morgan Stanley Private Equity

Northstar Capital LLC

Norwest Mezzanine Partners

Novacap Investments

Parthenon Capital Partners

Penfund

PennantPark Investment Corp.

Pepper Hamilton LLP

PricewaterhouseCoopers

Prospect Capital Corp.

Quabbin Capital Inc.

Raines International Inc.

Sagent Advisors Inc.

Schulte Roth & Zabel LLP

Silver Point Capital

Standard Bank of New York

Stella Point Capital LLC

Stephens Inc.

Sullivan & Worcester LLP

SunTrust Robinson Humphrey

Thomson Reuters Corp.

Triangle Capital Corp.

Trilantic Capital Partners

Valuation Research Corp.

VenGrowth Private Equity

 

Association Partners

Research Partners

Capital IQ

mergermarket

Media Partners

The Deal

 

 

 

 

 

 

 

 

Clear the date February 9 on your calendar!

CLICK HERE now to register before it's too late!
 

Encore Conference

For Middle-Market Private Equity

 & Mezzanine Investors & Lenders

 

Best Practices for Negotiating
Mezzanine Financing --

How to Address the New Face
Of Junior Debt

 

  Attendance Is Limited!

  CLICK HERE to Register Now

                         

CHAIRED BY

Randy Schwimmer, Managing Director

Churchill Middle Market Finance, The Carlyle Group


 

Featuring 20 Expert Speakers Including --

  • Homyar M. Choksi, LBC Credit Partners Inc.
  • Henry "Hank" D'Alessandro, Morgan Stanley Credit Partners LP
  • Scott Essex, Partners Group AG
  • Michael A. Ewald, Sankaty Advisors LLC
  • Richard E. Farley, Paul Hastings Janofsky & Walker LLP
  • Brian Gerson, Solar Capital Ltd.
  • Joel H. Glasky, Financo Securities LLC
  • Timothy Hartnett, PricewaterhouseCoopers LLP
  • Thomas M. Haubenstricker, New York Life Capital Partners LLC
  • Stratton R. Heath, Oak Hill Capital Management LLC
  • Leo A. Helmers, The Carlyle Group
  • William J. Indelicato, Portfolio Advisors LLC
  • Ronald A. Kahn, Lincoln International LLC
  • David E. King, Culpeper Capital Partners LLC
  • Matthew D. Liepert, GE Capital--Sponsor Finance
  • Kevin P. Magid, Audax Group
  • Daniel J. Marszalek, BMO Harris Bank
  • David J. Petrucco, Kayne Anderson Capital Advisors LP
  • Michael Schnabel, Centre Partners Management LLC
  • David J. Solomon, Lazard Middle Market LLC
  • Marshall Sonenshine, Sonenshine Partners LLC

 

Click Here to Register >>   Purchase Audio Package >>

 

 


 Visit Audio Library >>    Add to Outlook Calendar >>

 

FULL-DAY CONFERENCE

Thursday, February 9, 2012

8:00 am – 5:00 pm
New York City 

Designed to Meet the Needs of GPs, LPs, & Managers of Buyout, Growth Equity, Mezzanine, & Lending Funds, as Well as Independent Sponsors, Operating Partners, Portfolio Company Managers, and the Bankers, Lawyers, Accountants,

& Other Advisors Who Support Them

Faculty | Schedule | Registration | Location | Sponsorship | Audio Package |

It’s true that you rarely hear much about mezzanine deals -- mezz lenders generally keep a low profile, and PE investors are usually protective of their deal pricing and terms.  

 

But that doesn’t mean the popularity of mezzanine financing is diminishing.  Far from it.

 

In the middle-market private equity world, private subordinated debt is a much-sought after source of junior capital.  And with good reasons -- mezz is predictable capital that offers no amortization, looser covenants, and the ease of negotiating with one party.  

 

          That’s why, if you want to connect with mezzanine experts and lenders,

          and understand just what to expect today when you seek junior capital,

          you belong at this encore conference from The Capital Roundtable --

          with all‑NEW content -- on Thursday, February 9.

 

          Yet while mezz is often called “patient” capital, you have to move fast in order to

          save $400 of your own.  

 

          Sign up before December 30, and you’ll be entitled to our Early Bird Rate.

 

Mezz has been a permanent feature of the middle-market lending landscape for more than 25 years -- through recessions, exuberance, and all manners of interest rates.

 

What’s more, the relationships between many mezzanine lenders and their financial sponsor clients are exceptionally strong.  While second-lien and unitranche alternatives may compete on economics, the partnerships that sponsors form with mezz providers can add tremendous value to every transaction.

 

Which means that when you have capital alternatives to choose from, it pays to look beyond terms and structures.  Mezz lenders can bend, twist, and stretch in many ways to get deals done, especially when there’s a challenging piece of the capital structure to fill.  In contrast, second-lien and unitranche financing can carry strict covenants.

 

While there’s nothing difficult to understand about mezz, it’s not as visible as other alternatives in the market.  And with good reason -- with relationships so important, many PE sponsors are loathe to reveal too much in print about the sources they use and the pricing they receive.

 

          But in a venue like this conference on Thursday, February 9th,

          it’s a different story.

 

And to lead the conversation, we’re delighted to have one of the middle market financing industry’s key voices on hand.  Randy Schwimmer of The Carlyle Group in New York City will be chairing this premier event.

 

As managing director in Carlyle’s Churchill Middle Market Finance group, Randy is also known as the editor/publisher of Churchill’s weekly financial newsletter On The Left -- highlighting deals and trends in the middle-market lending space.

 

Recently, Randy’s five-part series “State of the Mezzanine Market” made a most convincing case for the attractiveness and permanence of mezz today.

 

Previously, Randy was a managing director and head of leveraged finance syndication at BNP Paribas Securities, and spent 15 years at JP Morgan Chase in corporate banking and loan syndications in various capacities. He holds an MA from the University of Chicago.

 

20 Independent Sponsors & Industry Specialists Make Sense of the Situation.

 

Joining Randy will be a team of 20 panelists including mezz experts from both sides of the table.  They’ll offer their insights, share their recent activities, and provide their unique perspectives on middle-market deal activity.

 

We’ll discuss the pluses and minuses of doing a deal with one provider versus separate senior and mezzanine debt.  You’ll hear why the ease of having just one lender is countered with the lack of leverage from having one just lender -- the newness of this approach means there is quite a question mark as to what happens should things go south.

 

And we’ll explain why having a mezzanine lender share part of the deal’s equity so often works to a PE firm’s advantage.  If an economic situation reminiscent of 2008 should occur, you can expect your mezz lender to work with you, not take away your company.  It’s an alignment of interests that traditionally creates a win-win for both parties.

 

Register now to hear the latest word on these important issues in lending --

 

  • How important for future business are the long-term relationships that mezz lenders have built with PE firms?
  • How are the top mezz lenders successfully competing against one-stop lenders?
  • What can mezz lenders provide that unitranche lenders cannot?
  • What are today’s typical structures and prices for mezz deals?
  • What is the value of doing a deal with mezz financing alongside equity?
  • What competition are middle-market firms facing for mezz deals?
  • How can you make your deal most attractive to mezz lenders?
  • How much flexibility are mezz lenders showing on terms, equity levels, or pre‑payment penalties?
  • What are the best ways to structure deals to your benefit?
  • How can you avoid the pitfalls in making a mezz deal?
  • And much, much more

 

Excellent Networking Opportunities Throughout The Day.

 

          This conference is not only a place to refresh existing relationships,

          but also an ideal spot where those new to mezzanine financing can create new

          relationships and find open-for-business sources.  We’ve built ample time into the

          agenda, including session breaks and an open lunch, where you can make          

          contacts and connections with both your peers and our featured speakers.

 

You should attend this conference if you are a --

 

  • General partner searching for capital for new or existing deals.
  • Limited partner wanting a better understanding how today’s funding environment affects your position.
  • Established mezz lender wanting to compare pricing and strategies.
  • New mezz lender that wants to participate in more deals.
  • Second-lien or other alternative lender with capital to provide.
  • Junior debt agent seeking to improve competitive knowledge.
  • Attorney or advisor representing GPs or LPs who wants to be more familiar with the mezzanine marketplace.
  • Investment banker who want to increase your use of mezz capital.
  • Portfolio company executive now using or considering mezz financing.
  • Executive search professional recruiting for the private equity industry.

 

         Remember, register with our Early Bird Rate by December 30, 2011, and you’ll

         save $400 off our standard fee!  Please make your reservation now so you’re not

         disappointed.  We’ll be looking forward to greeting you.

 

For more information, please feel free to contact Anna Fagan at 212-832-7300 ext. 0 or afagan@capitalroundtable.com.

 

This conference is being produced by The Capital Roundtable, America’s leading conference organization focusing on “need-to-know” information for professionals in the middle-market private equity community. For more information about The Capital Roundtable’s 30 annual conferences and other events and programs, please visit www.capitalroundtable.com.

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Faculty

Chaired By

  • Randy Schwimmer, Managing Director, The Carlyle Group

Hosted By

  • Burt Alimansky, Managing Partner, Alimansky & Bethell Group, and Chairman, The Capital Roundtable

Speakers

  • Homyar M. Choksi, Managing Director, LBC Credit Partners Inc.
  • Henry "Hank" D'Alessandro, Managing Director & Head, Morgan Stanley Credit Partners LP
  • Scott Essex, Vice President, Partners Group AG
  • Michael A. Ewald, Managing Director, Sankaty Advisors LLC
  • Richard E. Farley, Partner, Paul Hastings Janofsky & Walker LLP
  • Brian Gerson, Partner, Solar Capital Ltd.
  • Joel H. Glasky, President, Financo Securities LLC
  • Timothy Hartnett, Partner, PricewaterhouseCoopers LLP
  • Thomas M. Haubenstricker, Chief Executive Officer, New York Life Capital Partners LLC
  • Stratton R. Heath, Partner, Oak Hill Capital Management LLC
  • Leo A. Helmers, Managing Director, The Carlyle Group
  • William J. Indelicato, Managing Director, Portfolio Advisors LLC
  • Ronald A. Kahn, Managing Director, Lincoln International LLC
  • David E. King, Senior Managing Director, Culpeper Capital Partners LLC
  • Matthew D. Liepert, Managing Director, GE Capital--Sponsor Finance
  • Kevin P. Magid, Managing Director, Audax Group
  • Daniel J. Marszalek, Managing Director, BMO Harris Bank
  • David J. Petrucco, Co-Managing Partner, Kayne Anderson Capital Advisors LP
  • Michael Schnabel, Managing Director, Centre Partners Management LLC
  • David J. Solomon, Co-Chief Executive Officer, Lazard Middle Market LLC
  • Marshall Sonenshine, Chairman & Managing Partner, Sonenshine Partners LLC

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Schedule

 

Conference
07:30 - 08:15
08:15 - 08:45
08:45 - 09:45
09:45 - 11:00

11:00 - 11:45

11:45 - 12:45

12:45 - 01:45

01:45 - 02:45

02:45 - 03:30
03:30 - 04:30

04:30

  

Thursday, February 9, 2012

Registration, Networking, & Continental Breakfast

Welcoming Remarks & Audience Introductions

Chairman’s Keynote -- "The State of the Mezzanine Market"

First Panel -- “Five Top Mezz Providers Report the Pricing & Terms They're Comfortable Offering Today”
Coffee & Networking Break

Second Panel -- “Five Prominent Private Equity Sponsors Discuss
How Their Perceptions About Mezz Have Shifted"
Luncheon & Networking
Third Panel -- “Four Professional Service Advisors Report How They’re Making Deals Work”
Featured Keynote
Fourth Panel -- “Four Experts Discuss Alternatives to Mezz”
Networking & Adjournment

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Registration

  • Early Bird Registration Fee -- and save $400 off the standard fee! Register by Friday, December 30, and the fee for the conference is $995.
  • Premiere Registration Fee -- save $200 off the standard fee! Register by Friday, January 20, and the fee for the conference is $1195.
  • After that, the standard fee is $1395 for the conference.
  • At the door, if space is available, the fee is $1495 for the conference.
  • Special group rates -- The Capital Roundtable offers a special discount for 2 or more people.  For more info, please contact Shaina Mardinly smardinly@capitalroundtable.com or 212-832-7333 ext 0.


Click Here to Register >>    Purchase Audio Package >>

 

 Visit Audio Library >>    Add to Outlook Calendar >>

 


You can pay by credit card (using the links above) or by check. Mail your check and business card to: New York Business Roundtable Inc., 12 East 44 Street, Penthouse, New York, NY 10017.

If the program is oversubscribed, we will notify you immediately and not charge your credit card.  (If you need to cancel, please do so by Thursday,February 2 at 5:00pm, and we will credit you for a future MasterClass.)


From time to time, for reasons beyond Capital Roundtable's control, program schedules and speakers become subject to change.  We make every effort to announce substantive changes by email to registrants at least 48 hours in advance.

Have a special question?  Please contact Anna Fagan at 212-832-7333 ext. 0 or by email at afagan@capitalroundtable.com.

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Location

The University Club
Council Room -- Seventh Floor
One West 54 Street (at 5th Avenue)
New York City

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Audio Package

Can't attend but want to hear the program? You can buy the audio package along with the handouts. Purchase the audio package online now.

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Sponsorship

The Capital Roundtable offers excellent marketing and business development opportunities to reach the middle-market private-equity community . For more details, please contact Dana DeMattia at 212-832-7333 or by email at ddemattia@capitalroundtable.com.

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