Free

LP Executive Briefing by Global Private Equity GP Fund Managers

Event Information

Share this event

Date and Time

Location

Location

ANA Intercontinental Hotel Tokyo

1 Chome-12-33 Akasaka

Minato City

Tokyo, .. 107-0052

Japan

View Map

Event description
Invitation-only, private LP Executive Briefings by visiting delegation of global private equity and venture capital fund managers.

About this Event

Join us for a few hours over lunch on 19 June as we convene a global delegation of fund managers for this invitation-only, closed-door, half-day session for private LP Executive Briefings by global private equity and venture capital fund managers who collectively manage and invest billions globally and will share their insights on current trends and conditions as well as in-depth market insights. This session is for qualified institutional limited partners only.

ANA Intercontinental Hotel Akasaka

11:45 Registration

12:00 Welcome Remarks with the serving of Bento box lunch

12:05 In-depth market overviews presented by individual general partner fund managers over lunch.

12:40 Lunch keynote remarks by Dr. Thomas Meyer (Beyond the J-Curve; J-Curve Exposure, etc.) with introduction by Kazushige Kobayashi of CapitalDynamics

HIDDEN IN PLAIN SIGHT – THE IMPACT OF UNDRAWN COMMITMENTS

Undrawn commitments are a critical characteristic of investments in largely illiquid limited partnership funds. They are the ‘dry powder’ of cash reserves fund managers have available to deploy when an attractive opportunity arises. Undrawn commitments are therefore not just a technical detail but one of the private equity model’s critical success factors. Nevertheless, their impact is still not fully understood. The key questions are whether undrawn commitments form part of the allocation to private equity and, importantly, whether there are opportunity costs associated with them. Many academics and most regulators do not even view undrawn commitments as part of an allocation to private equity. Auditors at least acknowledge the liquidity risk inherent in undrawn commitments and under some audit conventions view them as hidden leverage. Market experience, however, suggests that undrawn commitments be of higher relevance than widely perceived. The Journal of Alternative Investments

13:00-15:30 Private LP Executive Briefings provided individually to each LP by each GP delegate with the objective of informing LPs on the current trends and conditions across global private equity investing including venture.

Randy Mitchell

Private Capital Development LLC

Washington, DC

Share with friends

Date and Time

Location

ANA Intercontinental Hotel Tokyo

1 Chome-12-33 Akasaka

Minato City

Tokyo, .. 107-0052

Japan

View Map

Save This Event

Event Saved