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Capital Roundtable

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Partial List of
Past Attendees

Able Strangers
Advantage Capital
Akeida Capital
Alignment Holdings
A Ridge Capital
Altus Capital Partners
Amerra Capital
Anagenesis Capital
Arbiter Partners
Arrowpoint Partners
Balance Point Capital
Boathouse Capital
Brock Capital Group
Brookside Mezzanine
Capital Southwest
CapitalSpring
Cockrell Interests
CohnReznick
Cortland Capital Market Services
Credit Suisse Asset
Enterprise Center
FBR & Co.
Fidus Investment
Founders Equity
Fulham & Co.
Gerson Lehrman
Gores Holdings
Gotham Orient
Grand Crossing
Heritage Group
International Finance
JumpStart
Kian Capital Partners
Kidd & Co.
Locke Lord
Magna Management
McGuireWoods
Medley Management
Meridian Investments
Merit Advisors
Monroe Capital
MVP Capital Partners
NewSpring Capital
Next Point
OFS Capital
Patriot Capital
PEF Services
Pepper Hamilton
Pine Street Capital
Plexus Capital
RCP Advisors
RF Investment
RSM US
SJF Ventures
Small Business Investor Alliance
Spring Capital
Staebler Associates
Star Mountain Capital
Stonebridge Partners
Sullivan & Cromwell
TD Bank NA
THL Credit Advisors
Triangle Capital
U&S Services
U. S. Small Business Administration
USA Funds
Valesco Industries
VRC | Valuation Research Corporation
Wedgewood Investment Group
Westminster Capital

 

































 

 

How PE Operating Partners

Are Reacting to Rapid Change

 

Best Practices for Creating Value
In PE Portfolio Companies

 

                     

CHAIRED BY

Achi Yaffe

Director of Portfolio Operations

GI Partners

 

FULL-DAY CONFERENCE

Thursday, May 11, 2017

8:00 am – 5:00 pm

New York City

 

REGISTER NOW

 

MARQUEE SPONSORS

ADP

Dorsey & Whitney
Korn/Ferry International
Parthenon-EY


INSIGHTS FROM 20 EXPERT SPEAKERS!

David W. Averett, Summit Partners LP

Jay N. Bartlett, Parthenon-EY

David Buckley, General Atlantic LLC

John S. Clark, Performance Equity Management LLC

Kermit Cook, KKR Capstone
Glenn J. Engler, Parthenon-EY
Jason D. Friedrichs, Altamont Capital Partners

Doron D. Grosman, Court Square Capital Partners LP

Joseph T. Healey, Korn/Ferry International

Jesse Hermann,Court Square Capital Partners LP

Christian Kallen, Hamilton Lane
Neil E. Kalvelage, Charlesbank Capital Partners LLC

Dana Kupersmith, SEACOR Holdings Inc.

Kate Malcolm, Alberta Investment Management Corp.

David Marcus, Caspian Private Equity LLC

Scott C. Marden, CIP Capital
Lane McDonald, Partners Group AG

John L. Pouschine, Pouschine Cook Capital Management LLC

Brian J. Reavell, Middle-Market PE , ADP LLC
E. Eric Rytter, Dorsey & Whitney LLP

Deborah Lafer Scher, Fitzroy Health Holdings LLC

Steven J. Siwinski, High Road Capital Partners

Matthew Skaruppa, Goldman Sachs Investment Partners

Andrew Walshe, Two Sigma Investments LP

Jon F. Weber, BlueMountain Capital Management LLC

Adrian Whipple, TZP Group LLC


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

Back in the day, success for private equity firms was achieved – and measured -- by buying well, selling well, and engineering leverage well. Over time, as competition and prices increased, private equity firms increasingly needed to demonstrate operational value creation to achieve target returns.

 

Over the past decade, dozens of firms have built this capacity in-house by recruiting full-time “operating partners” to both launch new operating teams and expand existing ones.

However, after a decade of consistent growth for the role, we seem to be at an inflection point.

For example, some firms are adding operating partners, while others are scaling back their internal teams and/or moving toward the use of more outside resources. Also for example, you’d think common standards would have emerged for how firms structure the OP position, not to mention better define what’s expected of them.

To support this discussion, Jay Bartlett and his PE team at Parthenon EY have conducted interviews with numerous dealmaking and operating professionals across the PE industry. Jay will be sharing the results during his keynote address.

To understand the evolution of the role of operating partners in today’s PE climate, Register now to attend the Capital Roundtable’s 14th Annual conference on “Best Practices for Creating Value in PE Portfolio Companies,” being held in New York City on Thursday, May 11th.

 

Firms continue to think through the types of operating expertise they need on their teams -- industry specific, geographic, or functional -- and where they want their operating partners to focus – e.g., cross-portfolio or deep dives on individual companies.

Operating models are also in flux as regulators and limited partners scrutinize how private equity firms charge for deploying operating professionals. With clear compensation structures yet to emerge, there’s the ongoing question of how to set goals and measure an operating professional’s performance.

It’s a moment of soul searching for many operating partners and the firms that employ them, as the industry thinks about --

  • How the philosophy behind the operating partner idea is evolving.
  • How the role itself is changing as a result.
  • How firms that employ operating partners should be structured.
  • How performance goals should be measured and compensation awarded.

 

As the need for operating improvements takes root industry-wide, firms with more mature portfolio companies are asking themselves how to best deploy their operating teams. Ironically, some of these companies were acquired from other PE firms with their own operational expertise.

 

At this year’s conference, Achi Yaffe of GI Partners and 20 other expert speakers are discussing topics such as --

 

  • How are operating partner responsibilities changing?
  • What best practices are evolving for driving value creation?
  • Where can operating resources provide the most value?
  • What is the range of roles for operating resources?
  • What backgrounds are most sought after today?
  • How do LPs view the role of operating partners?
  • Does sharing carried interest with operating partners makes sense?
  • How are operating resources allocated to multiple projects?
  • Why is turnover on the rise?
  • What are some common career paths?
  • How are PE firm operating executives compensated and incentivized?
  • How are performance goals set and track records measured for private equity firm operating partners?
  • How is an increasingly digital world changing the role of operating resources?
  • What cybersecurity risks are top of mind for operating resources?
  • How are regulations affecting team structure?
  • How do you create value at companies that have already previously worked with operating partners?

 

Click here to receive our best rate -- a savings of $400 on our regular conference rates!

 

Here Are Three Big Reasons Why You Should Join Us

 

  1. Learn what skill sets are currently in demand in a changing environment.
  2. Hear about new players who are building operating partner teams.
  3. Understand LPs’ current thinking on operating resource models that work.

 

Register Now to Join Achi Yaffe,

And 20 Other Industry Experts

 

We’re delighted to welcome as our conference chair Achi Yaffe, director of portfolio operations at GI Partners. Previously, he served as a principal for Lee Equity Partners, helping portfolio companies develop business plans and execute strategic initiatives. Prior to Lee Equity, he worked for McKinsey & Company, advising management teams of Fortune 500 and private equity-backed companies.

 

Earlier in his career, he led the financial services business unit at eTelecare (Convergys). His prior board positions include Papa Murphy’s (NASDAQ:FRSH), PDR, and WealthTrust.

 

He earned an MBA from Harvard Business School and a BS from the University of Southern California.

 

Register Now to Hear 20 Top Leaders
Drive Value and Measure Performance

 

This conference brings you exclusive panel discussions, conversations, and keynotes featuring w who's who of PE operating partners.

 

You'll hear how they --

 

  • Balance responsibilities among various portfolio companies.
  • Determine how to drive value creation dependent on the situation.
  • Demonstrate their track records.

 

 

Three More Reasons You Should Join Us

 

  1. Learn how and why firms are changing their approaches to the operating partner role.
  2. Understand the variety of career paths available to operating professionals.
  3. Delve into how performance is evaluated and compensation is set for operating partners.

Register Now to Put Today’s Best Practices
To Work for Your Portfolio Companies

 

This Capital Roundtable conference is the ideal place to expand your network and open up pathways to future deals. The day’s agenda includes ample time to let you --

  • Meet fellow attendees and featured speakers
  • Enhance your personal database with valuable new connections
  • Share both ideas and business cards
  • Meet potential investment partners and clients

Keep in mind this conference is certain to fill up quickly, so you’ll want to register as soon as possible to assure yourself a seat. To avoid disappointment, please contact Sarah Burd today to confirm your attendance at 212-832-7300 ext. 0 or sburd@capitalroundtable.com.



 

 Who Should Attend

 

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

 

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We look forward to having you join us on Thursday, May 11.

 

Conference Organizers

 

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 25 annual conferences and other events and programs, please visit www.capitalroundtable.com.

 

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 Speaking & Business Development Opportunities

 

We offer excellent speaking, marketing, and business development opportunities to reach the middle‑market private equity community. For more details, please contact Maria Magro or Claire Notton at 212-832-7300 or by email at mmagro@capitalroundtable.com or cnotton@capitalroundtable.com.

 

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Have a Question?

 

Please contact Sarah Burd at sburd@capitalroundtable.com or 212-832-7300 ext. 0.

 

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Who We Are

 

This Capital Roundtable conference in midtown, New York City, is all-business, all-targeted, all-designed to be a completely focused day of practical information and revealing insights about portfolio companies. You’ll gain valuable insights from --

  • Three informative panel discussions
  • Two revealing keynote presentations
  • Real-world perspectives from operating partners
  • Industry outlooks from noted sector experts
  • War stories and lessons learned from experienced hands
  • Intelligence on managing portfolio companies from well-known GPs

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Faculty

Chaired By

  • Achi Yaffe, Director of Portfolio Operations, GI Partners

 

Hosted By

  • Burt Alimansky, Chairman & CEO, The Capital Roundtable

Speakers

  • David W. Averett, Managing Dir.--Peak Performance Group, Summit Partners LP
  • Jay N. Bartlett, Managing Dir. & Co-Head--Private Equity Practice, Parthenon-EY
  • David Buckley, Senior Vice President, General Atlantic LLC
  • John S. Clark, Managing Director & President, Performance Equity Management LLC
  • Kermit Cook, Director, KKR Capstone
  • Glenn J. Engler, Managing Director, Parthenon-EY
  • Jason D. Friedrichs, Principal & Co-Head--Portfolio Operations, Altamont Capital Partners
  • Doron D. Grosman, Resource Partner, Court Square Capital Partners LP
  • Joseph T. Healey, Senior Client Partner, Korn/Ferry International
  • Jesse Hermann, Resource Partner, Court Square Capital Partners LP
  • Christian Kallen, Managing Director, Hamilton Lane
  • Neil E. Kalvelage, Operating Partner, Charlesbank Capital Partners LLC
  • Dana Kupersmith, Former Vice President, SEACOR Holdings Inc.
  • Kate Malcolm, Portfolio Manager, Alberta Investment Management Corp.
  • David Marcus, Dir.--Investments, Caspian Private Equity LLC
  • Scott C. Marden, Managing Partner, CIP Capital
  • Lane McDonald, Global Head--Business & Financial Services, Partners Group AG
  • John L. Pouschine, Managing Member, Pouschine Cook Capital Management LLC
  • Brian J. Reavell, Regional Dir.--Business Dev. & Strategy, ADP LLC
  • E. Eric Rytter, Partner, Dorsey & Whitney LLP
  • Deborah Lafer Scher, Operating Partner, Fitzroy Health Holdings LLC
  • Steven J. Siwinski, Partner, High Road Capital Partners
  • Matthew Skaruppa, Vice President, Goldman Sachs Investment Partners
  • Andrew Walshe, Senior Vice President, Two Sigma Investments LP
  • Jon F. Weber, Head--Portfolio Company Management, BlueMountain Capital Management LLC
  • Adrian Whipple, V.P.--Operations, TZP Group LLC

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Schedule

 

   

7:30-08:30

Networking & Registration & Breakfast

08:30-09:00

Welcoming Remarks & Audience Self-Introductions

09:00-09:15

Conference Chairman’s Introduction--

  • Achi Yaffe, GI Partners

09:15-09:45

Morning Keynote –
  • Jay Bartlett, Parthenon-EY

09:45-10:30

Networking & Coffee

10:30-11:15

Morning Conversation --

The Big Debate –
How Do you Evaluate & Incentivize Operating Teams?

11:15-12:15

First Panel --

The Elephant in the Room --
How the Responsibilities of PE Operating Partners Are Changing?

 

 

12:15-01:15

Networking & Luncheon  

01:15-02:15

Second Panel --

Growth Equity, Distressed, & Other Types of Specialized Funds -- What Are Operating Partners in Non-Traditional PE Firms Doing Differently?

 

02:15-03:15

Third Panel --
LPs Used to Say Operating Partners Were a Necessity --
Do They Feel the Same Way Today?

03:15-03:30

Networking & Dessert


03:30-04:15

First Afternoon Conversation --

The Digital World --
How Tech is Transforming the Role of the Operating Partners

04:15-05:00

Second Afternoon Conversation --

What Are the Issues After a Portfolio Company Changes Hands? -- How Operating Partners Should Tailor Their Approach

05:00

Networking & Adjournment

  

 


  

 


  

 

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Registration

Space at this conference is limited, so register as soon as possible to assure yourself a seat. To avoid disappointment, please contact Sarah Burd today to confirm your attendance at 212-832-7300 ext. 0 or sburd@capitalroundtable.com.

 

Please note that The Capital Roundtable limits the number of registrants from a single firm to three.

 

  • Best Rate -- Early Registration -- Save $400 off the standard fee of $1495 when you register by Friday, April 7. Just $1095.

 

  • Incentive Registration -- save $200 off the standard fee!
    Register by Monday,  April 10, and the fee for the conference is $1295.

 

  • Conference Rate -- $1,495 increasing to $1,595 day of conference, space permitting.

 

  • Group Rate -- $995 each, when you register two or more people to attend from the same company.

 

Register Now

 

You can pay by credit card (using the links above) or by check. Mail your check and business card to: The Capital Roundtable, 747 Third Avenue, Suite 200, New York, NY 10017.

Have a special question? Please contact Sarah Burd at sburd@capitalroundtable.com or 212-832-7300 ext 0.

 

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.

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Location

  • Midtown, NYC

    Details provided upon registration

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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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Sponsorships

We offer excellent marketing and business development opportunities to reach the middle‑market private equity community. For more details, please contact Claire Notton at 212-832-7300 ext.117, or by email at cnotton@capitalroundtable.com.

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