CFO/COO London Brochure

LPGP CONNECT

LONDONCGO/COO PRIVATE DEBT

19TH JUNE 2019

USA: +1 312 544 0023
UK: +44 203 663 4995
[email protected]

LEAD SPONSOR CO-SPONSORS

EVENT PARTNERS EXHIBITORS

www.lpgpconnect.com

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intheglobalprivatecreditcommunity.Weworkwithfirmsofall
sizesandspecialisationstouncoverthelatesttrendsintheindustry.
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Speakers

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Organizer

CFO/COO
PRIVATE DEBT
LONDON 2019

Welcome to the LPGP Connect CFO/COO Private Debt London conference.

As private debt and other alternative investments continue to come of age and as funds take on more
responsibility, back-office operations are playing a critical role now more than ever. LPGP Connect has
produced this forum to help GPs navigate the complex environment of operations, finance and compliance
by bringing together C-level executives to discuss how they are tackling these issues through educational,
panel-lead discussions.

The event is designed to examine the roles of CFOs and COOs in relation to back office and daily
operations by looking at topics such as fund administration, valuations, currency management, operational
leverage, human capital, carry plans, regulations and compliance. The event will also examine the role of
technology and digital business models, bolting a debt fund onto an existing equity platform and ESG.

Our aim is to help GPs optimise their funds by adding operational value and adapting to their growing
responsibilities. Whether you are a service provider seeking new prospects or a manager looking to acquire
solutions for your fund, we would like to extend our invitation to attend the networking and lunch breaks
followed by a drinks reception at the end of the day. Our team is on-site to assist you with anything you
require.

We would like to give a very special thanks to our sponsors and event partners who supported this
conference, and to our attendees and speakers for interesting and insightful discussions. We look forward
to bringing you a successful event.

The LPGP Connect Team

ESG, the language of sustainability

Are responsible managers and employers doing enough on ESG?

Whether driven by ethics, a desire to attract investment or as a risk management tool, Environmental, Social and
Governance (ESG) considerations are a hot topic in the private debt world and likely to become increasing important. A
number of headlines have claimed how demand for ESG investment professionals has skyrocketed in recent years and
there are many surveys that indicate ESG factors will play a greater role in investment selection in the years to come.
EY stated that sustainable investment strategies have grown by 107.4% annually since 2012 and demand for such
strategies is being driven, in part, by millennials who prefer to invest in alignment with their personal values. Since
millennials are poised to receive more than US$30 trillion of inheritable wealth, sustainable investments will continue to
grow in demand. The Legg Mason Global Investment Survey found that over 70% of millennials would invest in
sustainable funds over funds that don’t consider sustainability.

Starting with the environment, tackling climate change is arguably the biggest issue of our time and is obviously
extremely high profile. Greta Thunberg might be leading the way but individuals, business as well as Government have
a duty to make a positive difference. Bob Jackson, CIO of the New Mexico Educational Retirement Board stated that
they would operate an ESG policy by inclusion rather than through prohibition of investments like fossil fuels, however,
as public opinion strengthens perhaps the risk of association will reverse this position. A recent survey by Barclays of
large fixed income managers found that only 18% of them rated the environment as the most important element of
ESG, however, more than 50% of investors ranked the environment as their top consideration.

Pull out quote: ”Managers will need to reprioritise to align themselves to their target investors.”

Al Gore famously stated, “Pollution should never be the price of prosperity” and it feels like investors are starting to
agree. MP Mary Crelagh, Chairwoman of the Environmental Audit Committee advised that “It is encouraging that a
majority of the UK’s largest pension funds say they are taking steps to manage the risks that climate change poses to
UK pension investments”.

The Social element of ESG is often mixed up with the environment, however, social considerations are an equally
important factor in their own right. Infrastructure Investor reported how asset management giants Blackstone and
Brookfield missed out on investment from the Chicago Teachers Pension Fund last year because of a deficit in
workplace diversity. There are now numerous surveys and league tables ranking employers in terms of diversity and
the best places to work and therefore it would not be surprising if this information was considered more closely for
manager and intermediary selection in future.

Millennials and the growth of sustainable investing
In order to attract and retain the best and brightest talent, it is no longer just about remuneration and benefits package.
In a similar vein to the importance of sustainability in investment selection we are seeing greater importance placed
upon an employer’s standing as a good corporate citizen when deciding where millennials choose to build a career.
Potential employees at interview are increasingly being asking how the company contributes to the local community
and how staff can make a difference to society as part of their career. Initiatives like Mental Health Week have helped
to raise the focus on employers’ responsibility towards their staffs’ wellbeing and flexible working hours, mental health
champions and in-house mindfulness classes are becoming more and more common.

LPGP CONNECT CFO/COO PRIVATE DEBT LONDON

CFO/COO
PRIVATE DEBT
LONDON 2019

ESG takes root
Governance is probably the area that has been of most significance for fund administrators in relation to ESG. In recent
years’ investors have undertaken increasingly detailed due diligence on their investments, investment managers and
service providers. This has mainly focused on risk management, security, controls, business continuity and experience
etc., however, in line with what has happened with investment managers I would expect the administrator Due
Diligence Questionnaires to start to include areas on diversity, culture, environmental policy and sustainability.
A BNP Paribas survey cited data (or lack thereof) as the biggest barrier to integrating ESG factors into their investment
selection process. In future I expect corporate service providers to play a big role in overcoming this obstacle. There is
a general acknowledgement across the industry that the quality of sustainability-related data is limited. The EU’s
sustainable finance action plan includes considering issues for asset managers obtaining quality data.

Without a level playing field it is difficult for investors to make worthwhile comparisons between potential investments
without standardisation on how ESG factors are measured and recorded. There is a danger of “green-washing” as
entities look to exaggerate their ESG credentials. The difficulty essentially comes down to what should be included,
how is it measured and how is it presented (sometimes ESG is integrated into the financial statements, included as a
separate report or referred to an ESG policy on a company’s website) and all of these variables can change depending
on investor or managers’ stance on the matter.

Positively, several groups have been looking for solutions, including non-regulatory bodies. For instance, the Task
Force on Climate-related Financial Disclosures and the Sustainability Accounting Standards Board have developed
qualitative and quantitative industry-specific disclosure standards, however, when it comes to the regulatory
approaches there is still a differing of opinion, especially when it comes to either side of the Atlantic. At the moment, in
its most basic form, the US, ESG selection must be justified by explaining why it is necessary for an investment, while
in Europe it must be explained why ESG factors are not considered.

The private equity world has been looking at ESG factors and reporting for longer than private debt, however, this is
probably not an example of something that our younger industry can leverage off to catch up. Private equity managers
could look at a company with poor ESG as an opportunity that they could turn around and add value in private debt,
however this is unlikely given that our control over borrowers would be limited to provisions included in the loan
documents, therefore we would be looking at ESG factors from very different angles.

Cost saving through outsourcing
There are also a potential extra costs to be considered as a result of ESMA’s technical advice to the Commission on
amendments to the UCITS, AIFMD and MiFID 2 Level 2 frameworks. For example, whether managers will need to hire
extra staff with specific ESG expertise, or purchase new technology, to ensure that sustainability risks and factors are
effectively integrated into their systems and processes. By outsourcing these responsibilities to a service provider
these costs can be managed and the expertise brought in to satisfy the requirements and provide additional comfort to
investors that this is being provided independently.

STEPHEN MCKENNA
Co-Head, Private Debt & Capital
Markets – EMEA
SANNE

SPEAKERS STEPHEN MCKENNA
Co-Head, Private Debt & Capital
TOM RATERMAN Markets – EMEA
Partner, CFO SANNE
Runway Growth Capital
TINA PAGE
PEDRO TAVARES CFO
Founder & CEO MV Credit
Altimapa
MARC HARRIS
SIMON HIRTZEL Chief Operating Officer
General Partner and COO ThinCats
Kreos Capital
ROB SHAW
CHRISTIAN HINZE CFO
Partner, COO Europe Apera Capital
Stepstone Global
JEREMIAH LOEFFLER
DIEGO PRADA COO - Credit & Opportunistic
COO Crestline Investors
Metric Capital
ED SALMON
PHILIP SCHAJER CFO
Chief Operations Officer Columbia Lake Partners
Fintex Capital
THOMAS B. PITTMAN
SIMON BEHAN Managing Director, CMO
Managing Director EWM Global
Virtus Partners

LPGP CONNECT CFO/COO PRIVATE DEBT LONDON

CFO/COO SPEAKERS
PRIVATE DEBT
LONDON 2019 SEAN EGAN
Managing Director
NEIL SYERS Egan-Jones Ratings Company
CFO
Hayfin RICHARD KITCHEN
Partner
GREGOR KRUEZER Paul Hastings
Chief Product Officer & Co-
Founder LIZZY SHAW
qashqade AG Director of Finance
MML Capital
CHARLES GOODMAN
Managing Director RON MIAO
Millennium Global COO
Hadrians Wall
ASH HALL
Senior Partner ANDREW HAYWOOD
Alpha FX CFO & CCO
Park Square Capital
SIMON VIRGO
COO MAQBOOL MOHAMED
Odyssey Managing Director & CFO
European Assets
PRIANKA MAHANTY Castlelake
UK Director
KYLLA DAVID SARFAS
Managing Director, Private Equity
RYAN MCNELLEY and Real Assets
Managing Director MUFG
Duff & Phelps

SPEAKERS ARTUR KAWONCZYK
Managing Director
NICOLAS DE LOIRAY ING Corporate Investments
CFO
IdInvest GUS BLACK
Partner, Financial Services and
HAAKON BLAKSTAD Investment Management
Partner Dechert LLP
Validus Risk Management
OLIVER PRITCHARD
FREDERIC BIDET CFO
COO 17Capital
TLG Capital
MALCOLM BUTLER
MARK SHAW Founding Partner & COO
Partner in the Investment Selwood Asset Management
Funds team
Wildgen

PHILLIP CHAPPLE
COO
Monterone Partners

LPGP CONNECT CFO/COO PRIVATE DEBT LONDON

CFO/COO PROGRAMME
PRIVATE DEBT
LONDON 2019

LPGP CONNECT
CFO/COO PRIVATE DEBT LONDON CONFERENCE

19TH JUNE 2019

08:30am – 09:00am Registration
09:00am – 09:10am
09:10am – 09:50am Opening Keynote

09:50am – 10:30am What are the Key Challenges in Managing Private Debt Funds?

10:30am – 11:00am • How much have the CFO/COO roles changed in the last 10 years? Has there been
11:00am – 11:50am structural changes to it?

• With increasing levels of uncertainty how will this affect the leadership of the
organization?

• Addressing the needs of stakeholders - investors, auditors, borrowers and regulators
• Identifying and managing internal and external risks
• What is the best method to assess the outcome of operational due diligence for PD

funds and how is it different from private equity?

Simon Behan - Managing Director – Virtus Partners (Moderator)
Robert Shaw – CFO – Apera Capital
Sean Egan – Managing Director – Egan-Jones Ratings Company
Nicolas de Loiray – CFO – IdInvest Partners
Haakon Blakstad – Partner - Validus Risk Management
Gus Black – Partner - Dechert

GP Carry Plans and How to Structure Them

• Innovations within carried interest models and structuring
• How best to assess the different structures?
• How do you manage the lifecycle of carry? Vesting, terminations, realizations, etc?
• How to manage risk of losing carried interest (clawback risk)?
• Tax reforms and its impact on carried interests and the fund

Thomas B. Pittman – Managing Director, CMO – EWM Global (Moderator)
Lizzy Shaw – Director of Finance – MML Capital
Philip Schajer – CFO – Fintex Capital
David Sarfas - Managing Director, Private Equity and Real Assets – MUFG

Networking Break

The role of the CFO/COO in managing debt funds

• Choosing the right lender base and negotiating costs and terms
• Managing the increase in regulatory demands
• How has the role of the CFO/COO expanded as the asset class continues to grow?
• The roles of CFO/COO in maintaining a good track record to attract new LPs

PROGRAMME

11:50am – 12:45pm • Saving time and costs through automated solutions
12:45pm – 02:20pm
Ash Hall – Senior Partner – Alpha FX (Moderator)
02:25pm – 03:05pm Neil Syers – CFO – Hayfin
03:05pm – 03:45pm Andrew Haywood – CFO & CCO – Park Square Capital
Frederic Bidet – COO – TLG Capital
03:45pm – 04:15pm Ron Miao – COO – Hadrians Wall

Integrating a credit strategy into an existing private equity platform

• What are the biggest challenges when adding a new strategy?
• Optimization of the business model to accommodate the growth of AUM
• Reporting requirements, what are the limitations of existing loan-tracking systems
• Addressing built-in conflicts of interest
• How will the new platforms accommodate ESG requirements?

Stephen McKenna – Co-Head, Private Debt & Capital Markets – SANNE (Moderator)
Prianka Mahanty – UK Director – Kylla
Maqbool Mohamed – CFO – Castlelake
Malcolm Butler – COO – Selwood Asset Management
Oliver Pritchard – CFO – 17Capital

Networking Lunch

Attracting and retaining top talent

• Investing in staff and defining a career path
• COO’s role in recruitment for the firm and how to effectively work with recruiters
• What strategies are firms employing to attract and retain top talent?
• What are some nuances for managing younger generations of employees?
• Ensuring you have the right number of employees for investments and core operations

Richard Kitchen - Partner – Paul Hastings (Moderator)
Ed Salmon – CFO – Columbia Lake Partners
Diego Prada – COO – Metric Capital Partners
Simon Virgo – COO – Odyssey Infrastructure
Phillip Chapple – COO – Monterone Partners

Assessing valuations of illiquid Credit

• Advancing effective mechanisms and models for in-house use
• Accounting for yield compression and processing requests
• Developing tools and procedures to use internally
• How to properly benchmark products in a constantly changing market environment
• Factoring in interest rate sensitivity and transaction volumes
• Third party advisors and how best to manage them?

Charles Goodman – Managing Director – Millennium Global Investments (Moderator)
Simon Hirtzel – General Partner & COO – Kreos Capital
Tom Raterman – Partner & CFO – Runway Growth Capital
Ryan McNelley – Managing Director - Duff & Phelps

LPGP CONNECT CFO/COO PRIVATE DEBT LONDON

CFO/COO PROGRAMME
PRIVATE DEBT
LONDON 2019

04:15pm – 05:00pm Networking Break
05:00pm – 05:35pm
05:35pm – 07:00pm • How can we use technological advancements to the promote the fund’s growth?
• Utilizing P2P lending software
• Insourced & outsourced operations: How to utilise external auditing, valuation and fund

administrative services? What should be the role of in-house operations?
• Have cybercrimes posed significant challenges on funds? What is being done to counter

this risk?

Gregor Kreuzer – CPO & Co-Founder – Qashqade (Moderator)
Tina Page – CFO – MV Credit Partners
Christian Hinze – COO – StepStone Global
Jeremiah Loeffler – COO, Credit & Opportunistic – Crestline Investors

How adept are managers at handling the operational impact of currency
management?

• How do you decide in adopting a risk management framework and the importance of
governance?

• What do your investors expect from you on currency management?
• What steps are fund managers taking to safeguard themselves with best execution?
• Best practice in monitoring the credit and underlying borrowers

Charles Goodman – Managing Director - Millennium Global Investments (Moderator)
Artur Kawonczyk – Managing Director – ING Corporate Investments
Mark Shaw – Partner, Solicitor – Wildgen
Christian Hinze – COO – StepStone Global
Neil Syers – CFO – Hayfin

Drinks Reception

2ND ANNUAL

LPGP CONNECT

LONDONWOMEN IN PRIVATE DEBT

3RD OCTOBER 2019

LPGP connect aims to give insights on the role of women in the private debt
asset class and as research indicates; a diverse workplace positively
impacts business development.

LPGP Connect is stepping up its efforts in promoting diversity and equality
by hosting the only European event for Women in Private Debt, we will
explore the latest innovations, spectrum of opportunities and initiatives to
advance women in the industry, with unparalleled opportunities to connect
with investors and fund managers.

For more information please contact:
Kamran Tamimi, Production Manager
Tel: +44 203 663 4995
Email: [email protected]

LPGP CONNECT

CHICAGOCFO/COO PRIVATE DEBT

23RD OCTOBER 2019

LPGP Connect has designed and produced this event to explore the
complex roles of CFOs and COOs in managing private debt funds. The
conference will examine back-office and daily operations including fund
administration, valuations, audits, recruiting top talent and how to retain
them, operational leverage and the role of technology in managing funds.
The objective is to look closely at how investment groups can adapt to the
ever-challenging needs of the market place and excel in delivering
operational excellence.

For more information please contact:
Kamran Tamimi, Production Manager
Tel: +44 203 663 4995
Email: [email protected]

SPONSORS

LEAD SPONSOR

SANNE is a leading global provider of alternative asset and corporate business
services.

Established for over 30 years and listed on the Main Market of the London Stock
Exchange, SANNE has more than 1,400 employees worldwide and has in excess
of $315 billion assets under administration.

As leaders in the alternative assets industry, SANNE delivers tailored fiduciary
services to a highly valued international client base. SANNE has a global network
of regulated businesses within 18 leading financial jurisdictions across the
Americas, EMEA & Asia-Pacific.

Each specialist business is led by directors with extensive asset and market
experience, supported by multifunctional teams. These teams are aligned to the
specific requirements of each client across one accredited platform.

CO-SPONSORS

Virtus Partners, LLC is a Private Markets Specialist Servicer, with a focus on
alternative investment administration services and operations outsourcing. Our
Managed Services solution delivers front, middle and back office services,
including Fund Administration, Loan Agency and Trade Settlements which can be
customized and tailored to meet all the individual needs of our clients.

Virtus Partners LLC is headquartered in Houston, Texas and was founded in
2005. Currently, it has 350+ employees, across six offices in the U.S. and
Europe, and has over $350BN in assets under administration for more than 100
global financial institutions

Alpha is a corporate foreign exchange specialist working for businesses and
institutions impacted by currency volatility.

Based in the UK, we have a logical and consultative approach to currency
management and deliver this through expertise and technology to provide clients
with more effective and efficient ways of managing their foreign exchange
exposure.

Despite our consultative approach, we charge no upfront costs or retainer fees,
instead monetising our services like a traditional foreign exchange provider. By
doing so, we’ve been able to take a traditionally complex and expensive service
and make it accessible to all businesses and investment managers affected by
currency volatility.

Recognised as ‘IPO of the Year’ by Grant Thornton after listing on the London
Stock Exchange in April 2017, the company is backed by some of the UK’s most
respected institutions, including: M&G, Soros Fund Management, Old Mutual and
Artemis.

LPGP CONNECT CFO/COO PRIVATE DEBT LONDON

CFO/COO SPONSORS
PRIVATE DEBT
LONDON 2019 EVENT PARTNERS

Egan-Jones Ratings started providing ratings in 1995 for the purpose of issuing
timely, accurate ratings. The firm rapidly gained credibility by flagging the failures
of Enron and WorldCom, and has since established itself as a leading global
provider of credit ratings. Egan-Jones is a Nationally Recognized Statistical
Ratings Organization (NRSRO) and is recognized by the National Association of
Insurance Commissioners (NAIC) as a Credit Rating Provider. Egan-Jones is
also certified by the European Securities and Markets Authority (ESMA). Studies
by the Federal Reserve and prestigious academic institutions confirm that over
time, ratings from the largest NRSROs tend to converge toward the Egan-Jones
Rating

Preqin is the leading source of information for the alternative assets industry,
providing data and analysis via online databases, publications and complimentary
research reports. Preqin is an independent business with over 350 staff based in
New York, London, Singapore, San Francisco, Hong Kong, Guangzhou and
Manila, serving over 60,000 customers in over 90 countries.

Preqin has the most comprehensive and extensive information available on the
private equity and venture capital, hedge fund, real estate, infrastructure, private
debt and natural resources industries, encompassing funds and fundraising,
performance, fund managers, institutional investors, deals and fund terms.
Leading alternative assets professionals from around the world rely on Preqin’s
services daily, and its data and statistics are regularly quoted by the financial
press.

SEI’s Investment Manager Services supplies investment organizations of all
types with advanced operating infrastructure they must have to evolve and
compete in a landscape of escalating business challenges. SEI’s award-winning
global operating platform provides investment managers and asset owners with
customized and integrated capabilities across a wide range of investment
vehicles, strategies and jurisdictions.

Our services enable users to gain scale and efficiency, keep pace with
marketplace demands, and run their businesses more strategically. SEI presently
partners with more than 450 traditional and alternative asset managers, as well
as sovereign wealth managers and family offices, representing over $21.0 trillion
in assets, including 41 of the top 100 asset managers worldwide.

SPONSORS

EWM Global is a FinTech company serving the largest Financial Services firms in
the world. As a leading specialist in the HR outsourcing space, EWM Global
focuses primarily on investment and compensation plan design, implementation
and administration. Hosted on a secure private cloud, our IT platform provides a
unique end-user experience to its clients’ top executives and HR administrators.
Our system is designed to accommodate plans requiring compliance with the
latest major legislation, such as Dodd-Frank in the U.S., and the most recent
iterations of CRD, UCITS, and AIFMD in Europe. Our team of highly skilled and
motivated employees perform outsourced business processes, end-to-end
administration tasks, data analytics, admin reports, asset/liability reconciliations
and corporate ledger-relevant financial expense reporting.

With nearly twenty years of experience administering deferred compensation
plans for half of the world’s systemically important financial institutions (SIFIs),
the EWM Global system is equipped to handle the most demanding and bespoke
plan requirements in practice today. Combining an understanding of local and
international regulatory requirements with our keen insight into the needs of
financial services firms, we have helped design and administer exotic and highly
functional compensation plans ranging from RSUs, Phantom Stock, and
Performance shares to Fund Deferral plans consisting of a mix of publicly traded
securities and alternative investments. Our additional line of services for private
equity firms consists of Carried Interest and Co-Investment plan administration as
well as a Waterfall functionality designed to automate the performance fee
calculation process. Our entire product line comes equipped with an online
platform for participants and administrators, help desk services from highly
trained EWM Global staff, communication functionality designed to easily

qashqade AG is a FinTech start-up focused on providing a SaaS software
solution for all players in the Alternative Asset industry including its investors
(LPs). qashqade provides a latest-technology tool with the flexibility to define,
simulate and calculate the most complex carry calculation therefore replacing
Excel throughout the process. This enables the user to increase the efficiency
and stability of the calculations and still having a simple user-friendly, easy-to-use
interface. qashqade brings the GP and the LP closer to each other and allows
them to invest their time more efficiently.

MUFG Investor Services is an industry leader in asset servicing, banking and
fund financing, working with some of the largest investment firms in the world.
Leveraging the financial and intellectual capital of Mitsubishi UFJ Financial
Group, one of the largest banks in the world with $2.7 trillion in assets, our
diversified client base includes hedge funds, fund of hedge funds, regulated
funds, private equity and real asset funds across a broad array of investment
strategies, asset types, and fund structures. Our global scale, breadth of
services, and industry leading technology, along with the quality of our insights
allow us to create partnerships with our clients and distinctive solutions that meet
their specific priorities. MUFG Investor Services is strategically located in major
financial centers staffed with experienced professionals administering US$579
billion in assets globally.

LPGP CONNECT CFO/COO PRIVATE DEBT LONDON

CFO/COO SPONSORS
PRIVATE DEBT
LONDON 2019 Duff & Phelps is the global advisor that protects, restores and maximizes value
for clients in the areas of valuation, corporate
finance, investigations, disputes, cyber security, compliance and
regulatory matters, and other governance-related issues. We work with clients
across diverse sectors, mitigating risk to assets, operations and people. With
Kroll, a division of Duff & Phelps since 2018, our firm has nearly 3,500
professionals in 28 countries around the world.

Millennium Global Investments is a currency investment manager founded in
1994, with $28bn in overlay assets under management. We offer a full range of
risk-management and alpha-generating strategies for Funds & Institutions
globally.

Committed to bringing a more independent and transparent hedging platform to
the alternative investment market, our Execution & Risk Management solution for
Fund Managers combines access to the wholesale FX market with institutional
currency management service.

Independent from market-makers, we transact in excess of $550B p.a. across a
panel of 12 counterparty banks at best-execution with no additional transaction
costs. Funds benefit from access to a greater depth of liquidity, independent
advisory and centralised operational management.

Millennium Global Investments is among the early signatories of a statement of
commitment to the FX Global Code, a set of principles of best market practices
established at the initiative of the Bank of International Settlements.

Validus is a leading independent financial services firm, providing market risk
management, fund finance advisory and technology solutions to the alternative
investment industry. Our clients have more than $2 trillion in combined assets
under management.

For the past ten years our core expertise has been to deliver effective and
efficient risk management solutions for alternative investment firms, mitigating
exposures such as foreign currency and interest rates. Our award winning
service also includes turnkey solutions to the operational challenge of
implementing, managing and monitoring hedging programmes, through dedicated
resources and proprietary technology.

We also provide expert advice and resources to sponsors seeking to establish,
refinance and re-negotiate fund finance facilities. Our unique position in the
industry enables us to help clients navigate and benchmark the market, design
and evaluate optimal structures, and negotiate terms to best meet their
requirements.

SPONSORS

Paul Hastings provides innovative legal solutions to many of the world’s top
financial institutions and Fortune 500 companies in markets across Asia, Europe,
Latin America, and the United States.

We offer a complete portfolio of services to support our clients’ complex, often
mission-critical needs—from structuring first-of-their-kind transactions to resolving
complicated disputes to providing the savvy legal counsel that keeps business
moving forward.

Since the firm’s founding in 1951, Paul Hastings has grown steadily and
strategically along with our clients and the markets we serve. We established
successful practices in key U.S. and European cities, creating a broad network of
professionals to support our clients’ ambitions. In addition, we were one of the
first U.S. law firms to establish a presence in Asia, and today we continue to be a
leader in the region. Over the past decade, we have significantly expanded our
global network of lawyers to assist our clients in financial centers around the
world, including the emerging markets of Latin America.

Today we serve our clients’ local and international business needs from offices in
Atlanta, Beijing, Brussels, Century City, Chicago, Frankfurt, Hong Kong, Houston,
London, Los Angeles, Milan, New York, Orange County, Palo Alto, Paris, San
Diego, San Francisco, São Paulo, Seoul, Shanghai, Tokyo, and Washington,
D.C.

Drawing on the firm’s dynamic, collaborative, and entrepreneurial culture, our
lawyers work across practices, offices, and borders to provide innovative,
seamless legal counsel—where and when our clients need us.

EXHIBITORS

Guernsey Finance is a joint industry and government initiative established to
promote and connect the island as a leading finance centre in its chosen markets
internationally.

The agency conducts marketing, communications and business development on
behalf of its members, also employing representatives in London, Dubai, Hong
Kong and Shanghai.

We connect with global institutional investors and financial institutions, promoting
the highest regulatory standards and showcasing the range of products and
services. Guernsey practitioners pride themselves in their ability to cater to the
holistic requirements of their clients to fulfil financial, philanthropic and familial
needs.

Guernsey has a long-established tradition of providing specialist wealth
management services for high-net-worth clients and their families based upon the
pillars of stability, security and service.
With around 150 full corporate licensees ranging from bank-owned institutions to
local boutiques, Guernsey’s diversity and expertise provides international clients
with a one-stop shop for wealth management services.

LPGP CONNECT CFO/COO PRIVATE DEBT LONDON

CFO/COO SPONSORS
PRIVATE DEBT
LONDON 2019 Northern Trust is an award winning provider of alternative asset servicing
solutions, supporting over US$1 trillion in assets on behalf of global asset
managers and asset owners. Receive support across the lifecycle of your private
equity / alternative investment funds through our range of customised asset
servicing solutions. Through our skills and expertise, we consult with you to
design a servicing model to meet your immediate and long-term needs.

We offer scale and experience across the full spectrum of alternative assets,
including private equity, real estate, infrastructure, renewable energy, debt funds
and hedge funds from our 26 global locations.

Established in 2001, Aztec Group is an award-winning provider of fund and
corporate services. Specialising in alternative asset classes, the Group supports
investment managers with the establishment and ongoing administration of their
funds and investment vehicles from their offices in Guernsey, Jersey,
Luxembourg, the Netherlands, Sweden and the United Kingdom.

Stability – Owner-managed and independent
Experienced – 360 funds, 4,000 entities and €320bn in AUA
Service continuity – Industry-leading employee retention rate
Award-winning – 11 industry awards in 9 years
Relationship approach – Multiple services and jurisdictions, one relationship
Trusted – Unrivalled client retention rate
Organic growth – Committed to preserving the company’s identity, culture and
values
Robust governance – ISAE 3402 Type II accredited and ISO 27001:2013 certified
Tailored technology – Specialist in-house systems team

LPGP CONNECT
PRIVATE DEBT 

MIAMI 2019

With success in the US, LPGP Connect has now launched
a new addition to the private debt series: Private Debt
Miami. The agenda will look at the most important themes
in the asset class including market outlook, future trends,
investor appetite, distressed debt, special situations, and
emerging market debt opportunities.

LPGP CONNECT LPGP CONNECT WOMEN IN
PRIVATE DEBT MIAMI PRIVATE DEBT MIAMI

29TH OCTOBER 2019 30TH OCTOBER 2019

For more information please contact:
Kamran Tamimi, Production Manager
Tel: +44 203 663 4995
Email: [email protected]

www.lpgpconnect.com

Our perspective
is different

A leading global provider of
private debt administration
services

SANNEGROUP.COM

AMERICAS EMEA ASIA-PACIFIC

BVI* Amsterdam Jersey Hong Kong
Cayman Islands* Shanghai
New York Belgrade London Singapore
Tokyo
*Affiliated partner Cape Town Luxembourg More than 1,400 FTSE 250 In excess of
$315bn AUA
Dubai Madrid people worldwide listed business

Dublin Malta

Frankfurt* Mauritius

Guernsey Paris

Information on Sanne and its regulators can be accessed via sannegroup.com

Time to
Streamline
your Private
Debt Service
Providers?

*NBHJOF POF JOUFHSBUFE XPSL ƌ PX: Simon Behan, Managing Director
Loan Capture, Processing, Agency, Cash [email protected]
Management, Fund Administration and 353 (01) 566 7834
Settlement Services—all with one provider. +FƊ -BX, Managing Director
KFƊ SFZ MBX!WJSUVTMMD DPN
Combining cutting-edge technology, deep domain 212.634.6110
knowledge and unparalleled Client Service, 1BVM -JWBOPT, Director
7JSUVT EFMJWFST ZPVS DVTUPN CVJMU TPMVUJPO. [email protected]
212.634.6103

www.virtusllc.com

Controlling the risk to protect the reward

With annual volatility across all major currency pairs exceeding 10% per
annum over the past decade, the only certainty is uncertainty. At Alpha we
recognise that managing this uncertainty comes down to balancing the cost
and time of devising a hedging strategy, against the protection it will provide.

For more information, please contact [email protected] or visit our website.

Alpha FX Group www.alphafx.co.uk
020 3800 0120



The Home of
Alternatives

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largest global network of alternative assets experts.

Find out more: www.preqin.com

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For more details check out our
Brand Guidelines.

SEI Investment Manager Services

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We supply investment managers worldwide with the advanced
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US: 610 676 1270
Dublin: 353 1 638 2400
London: 44 (0)20 3810 7570

seic.com/ims

Recycle Bin My Jan 5 Feb 1 - March 3 - April 3 - P xx
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deck.pptx Stock Unit... analysis - ...

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Strategy Project Conference Jan 5 Feb 1 2018 2017 2016 2015
discussion... Outline
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x xx x xxx

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A CFO’s desktop should never look like this.

EWM Global is leading the digital transformation
of carried interest administration.

www.ewmglobal.com

qashqade

the digital
waterfall &
carried interest
solution

Make complex waterfall
calculations and their results
available for non-technical
professionals.

qashqade

www.qashqade.com

INSTITUTIONAL CURRENCY INVESTMENT MANAGER

Millennium Global is a leading
currency investment manager
founded in 1994. Independent
from market makers we
manage $28bn in currency
programmes and transact an
annual volume of over $500bn.

KƵƌ džĞĐƵƟŽŶ Θ ZŝƐŬ
DĂŶĂŐĞŵĞŶƚ ƐŽůƵƟŽŶ ĨŽƌ
Fund Managers combines
access to the wholesale FX
ŵĂƌŬĞƚ ǁŝƚŚ ĂŶ ŝŶƐƟƚƵƟŽŶĂů
currency management service.

Best Market KƉĞƌĂƟŽŶĂů Independent Good
džĞĐƵƟŽŶ Access Outsourcing Θ dƌĂŶƐƉĂƌĞŶƚ Governance

&Žƌ ĨƵƌƚŚĞƌ ŝŶĨŽƌŵĂƟŽŶ ĂďŽƵƚ DŝůůĞŶŶŝƵŵ 'ůŽďĂů͕ ƉůĞĂƐĞ ĐŽŶƚĂĐƚ͗

www.millenniumglobal.com MAXWELL DOBSON , Z> ^ 'KK D E Adherence to the
Fund Services Managing Director FX Global Code
T +44 (0) 20 7663 8912 T +44 (0) 20 7663 8900
[email protected] [email protected]

Source: Millennium Global, as at 29 March 2019. Assets under management are a combination of c.USD 28.1 billion in notional AUM for unfunded managed accounts and
USD 23 million AUM in funded vehicles. Includes passive currency overlay AUM of c. USD 9 billion in benchmark hedging connected to active currency mandates. URN: 103045

Transparency.
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Trust.

Some things can’t be bought, sold or traded.
Clients have relied on Duff & Phelps to help protect these fundamental ideals for
more than 80 years. We deliver objective advice in the areas of valuation, corporate
finance, investigations, disputes, cyber security, compliance and regulatory matters,
and other governance-related issues. Balancing proven technical skills with deep
industry expertise, we help our clients address their most complex business needs
Learn more at www.duffandphelps.co.uk

Ryan McNelley
Managing Director, Portfolio Valuation
[email protected]

MUFG Investor Services

An industry leader in asset servicing, banking and fund inancing.

Our diversi ied client base includes hedge funds, fund of hedge funds, private
equity and real asset funds, mutual funds and other regulated funds across a
broad array of investment strategies, asset types, and fund structures.
Aside from our core competencies in fund administration and accounting, we
offer a suite of value added services. These are subscription lines of credit,
banking and treasury solutions, strong regulatory infrastructure for regulated and
registered funds along with business process outsourcing.

Visit www.mufg-investorservices.com

© 2019 Mitsubishi UFJ Financial Group, Inc. All rights reserved.

Independent. Strategic. Practical.

Validus is a leading independent financial services firm,
specialising in the alternative investment industry.

We provide financial risk management, fund finance advisory and
technology solutions to LPs, GPs, and portfolio companies globally.

Financial Risk Management Fund Finance Advisory Technology Solutions
For the past ten years we We provide expert advice Validus RiskView, our
have designed effective and and resources to sponsors proprietary technology
efficient risk management seeking to establish, platform is a flexible tool for
solutions for alternative refinance or re-negotiate analysing, monitoring and
investment firms, mitigating fund finance facilities, reporting market risks and
exposures such as foreign including subscription lines, associated hedging
currency, interest rates and asset-backed lending and GP programmes specific to
commodities. Our award facilities. Our unique each client. Our industry
winning service also includes position in the industry knowledge and
turnkey solutions to the enables us to help clients development capabilities
operational challenge of navigate and benchmark the also enable us to custom-
implementing, managing market, design and evaluate build other technology
and monitoring hedging optimal structures, and solutions such as
programmes. negotiate terms to best sophisticated fund models
meet their requirements. and LP reporting tools.

More information
With offices in Europe and North America we advise on and manage more than $100 billion of risk
exposure, and our clients have combined assets under management in excess of $2 trillion. Please

contact us to explore how we can add value to your business too.
+44 1753 38 65 48
[email protected]

Validus Risk Management Limited is authorised and regulated by the Financial Conduct Authority

Deal-making can feel like a maze.
Let us help you navigate new paths

to innovation and growth.

22 of ces in Europe, the Americas, and Asia
One global private debt practice

Paul Hastings LLP

The Bright
Alternative in
Private Debt Fund
and Corporate
Services

Employing over 800 people across 6 Owner-managed since our
jurisdictions, we’re proud to administer over inception in 2001
q320bn in assets for some of the industry’s
leading alternative investment managers. Trusted partner for over 360
funds and 4,000 entities
If you are launching a fund, looking to outsource, or considering
migrating, we can support you. Please contact Hana Prochaska Over 1 in 3 clients have
on +352 246 160 6008 or email [email protected] migrated from other
service providers

1 dedicated team and
central point of contact
across all offices

Industry-leading employee
retention rate

11 industry awards in 9 years

The Bright Alternative Private Equity Fund Services
Real Asset Fund Services
Explore: aztecgroup.co.uk | .eu | .se Private Debt Fund Services
Corporate Services
Aztec Group is a regulated financial services group

UPCOMING
LPGP CONNECT

2019 EVENTS

2ND ANNUAL WOMEN IN CFO/COO PRIVATE DEBT
PRIVATE DEBT CHICAGO
LONDON 23RD OCT 2019
3RD OCT 2019
WOMEN IN PRIVATE DEBT
PRIVATE DEBT MIAMI
MIAMI 30TH OCT 2019
29TH OCT 2019

4TH ANNUAL PRIVATE DEBT
EUROPE - BERLIN
6TH NOV 2019

For more information please contact:
Kamran Tamimi, Production Manager
Tel: +44 203 663 4995
Email: [email protected]

www.lpgpconnect.com

USA: +1 312 544 0023
UK: +44 203 663 4995
[email protected]

www.lpgpconnect.com