Seeking out success at South Africa’s time of opportunity

Principal Sponsors:

Thursday 11 February, 2010Table Bay Hotel, Cape Town

southafricapecongress.com

You will have the chance to put your questions on asset allocation to our LP panel, learn from the major GP players, hear updates from the growing VC community, participate in our interactive panel debates and surveys, and much more…

We look forward to seeing you in Cape Town in February.

Kimberly Romaine Editor-in-Chief, unquote”

J-P Fourie Executive Officer, SAVCA

With the arrival of the 2010 FIFA World Cup, the scrutiny of global business and investors is focused on South Africa like never before. The explosion in infrastructure, hospitality and related industries in preparation for this event, adding to the already booming telecom and bioscience sectors and coupled with South Africa’s relative protection from the worst of the financial crisis has provided fertile ground for investment. This was highlighted by the fact that last year the private equity industry passed the R100bn mark for the first time.

On behalf of unquote” magazine and SAVCA we are once again proud to deliver the premier private equity conference in South Africa. Bringing together the true movers and shakers under one roof, this one-day conference provides an unparalleled forum for discussion and debate on the most crucial issues facing the industry.

Welcome

Hosted by: In association with:

The Southern African Venture Capital and Private Equity Association (SAVCA). SAVCA is the industry association representing over 60 companies in the venture capital and private equity industry in South Africa. The industry has over R70 billion (US$ 9 billion) in funds under management and approximately 400 professionals. SAVCA was formed in 1998 and its mission is to play a meaningful role in the venture capital and private equity industry by: 1. Promoting the interests of the industry 2. Lobbying on behalf of the industry 3. Disseminating information 4. Arranging training for the staff of its members 5. Researching the industry in South Africa

For more information visit savca.co.za

Unquote” is Europe’s longest-running and most trusted private equity publication. Now in its 18th year, the journal reaches the most important deal doers and their advisers across Europe. Every deal that occurs is followed up by a team of expert reporters, with details verified with deal doers before going to publication and into our database. Regarded by prominent industry luminaries as the bible of private equity, unquote” is a must-read for the asset class.

For more information please visit unquote.com

Research Partners:Media Partners: Supporting Association:

innovation network

Speakers and Panellists

Cora Fernandez, CEO, SANLAM PRIVATE EQUITY

J-P Fourie, Executive Officer, SAVCA

Stuart MacKenzie, Partner,

ETHOS PRIVATE EQUITY

Daniel Green, Investment Director, GREENPARK CAPITAL

Ralph Keitel, Senior Investment Officer,

IFC

Gloria Mamba, Senior Investment Officer, DEVELOPMENT BANK OF SOUTH AFRICA

John Bellew, Partner,

WEBBER WENTZEL

Claire Busetti, Head of Isibaya fund, PIC

Bruce MacRobert, Director, BRAIT

Nhlanganiso Mkwanazi, Co-Founder & Director, MEDU CAPITAL

Herta von Stiegel, Executive Chairman,

ARIYA CAPITAL

Emile du Toit, Divisional Executive: Private Equity, DEVELOPMENT BANK OF SOUTH AFRICA

unquote” CEE Private Equity Congress, London20 May 2010 ceepecongress.com

unquote” Deutsche Private Equity CongressOctober 2010 deutschepecongress.com

unquote” Nordics Private Equity Congress, StockholmJune 2010 nordicpecongress.com

unquote” Italia Private Equity CongressNovember 2010 italiapecongress.com

Warren Watkins, Head of Private Equity Africa,

KPMG

Earl van Zyl, Portfolio Manager FRAIM

Principal Sponsors:

Sponsors:

Founded in 1991, Brait is a leading private equity fund manager in South Africa, with the largest pool of South African focused private equity capital under management. The Brait team’s proven ability to combine domestic private equity investment skills with managing international and domestic private equity capital has produced an exceptional track record.Brait is one of the most experienced private equity firms in South Africa, with a reputation as a hands-on and active partner in the businesses it invests in. A deep understanding of local markets, business practices and management teams drives Brait’s market-leading private equity investment programme.Brait’s strength lies in its ability to act both efficiently and creatively; to uncover and take advantage of opportunities while adhering to essential core investment disciplines. Brait believes it has demonstrated a unique ability to partner effectively with some of the country’s leading entrepreneurs; to execute and structure complex non-standard buy-out transactions, and to take advantage of unique public opportunities and innovative buy-and-build strategies in specific industries. brait.com

Established in 1984, Ethos Private Equity is a leading private equity investor in South Africa.Ethos is independently owned and managed by its investment professionals and represents one of the most experienced private equity firms in South Africa.Ethos is currently investing its fifth pool of capital. Investors include prominent global and leading South African institutions. In deploying capital, Ethos makes long-term investments into large and frequently complex businesses principally in South Africa and in select sub-Saharan African geographies.As a control and growth investor, Ethos takes an active ownership role in its portfolio companies, utilising proven value creation strategies to generate superior, consistent returns for investors. The core premise of Ethos is that the businesses into which it invests are stronger, more robust and more sustainable on exit than they were prior to Ethos’ ownership. ethos.co.za/live/index.php

Co-Sponsors:

KPMG is a global network of professional firms providing Audit, Tax and Advisory services. We operate in 144 countries and have 137 000 people working in member firms around the world.KPMG has been operating in South Africa since 1895. We are proud to be part of the KPMG global network of firms, with 11 offices and over 3 250 partners and staff in South Africa, including our national office in Johannesburg. kpmg.co.za/

The Development Bank of Southern Africa (DBSA) is Southern Africa’s leading development finance institution. In addressing the challenges in both physical and economic infrastructure in the region, the major focus areas of the Bank’s infrastructure investment activities are regional integration and Black Economic Empowerment/indigenization. DBSA provides long term debt, quasi-debt and equity funding for such transactions in South Africa and across the region as well as being an institutional investor in a number of Private Equity Funds. DBSA supports the establishment and growth of private equity funds with high levels of development impact. dbsa.org/

Webber Wentzel is one of the leading corporate law firms in South African and the only firm with a significant international practice. Since the firm was established in 1868, it has developed an enviable reputation as a consistent provider of appropriate and valuable legal assistance, backed by an absolute commitment to service excellence.The firm has over 280 practitioners in a variety of legal disciplines. The long-standing reputation is continued by a vast team of highly accomplished attorneys whose unmatched knowledge and extensive experience ensures that Webber Wentzel remains the legal firm of choice. webberwentzel.com

Standard Bank is a discerning investor in high potential companies in emerging markets. Currently our global private equity business has funds under management of over $1 billion, and our strategic aim is to significantly increase this as we build a leading emerging markets private equity franchise alongside our banking franchise. standard bank.co.za/

The Sasfin approach to private equity partnering A concern for entrepreneurs when considering an equity partner is the bureaucratic restrictions that may overshadow the business’s entrepreneurial spirit.However, with Sasfin as your investor, we act as a catalyst by providing value-enhancing insight and input into areas of corporate strategy, finance and governance to help you grow your business. For assistance contact Neil Eppel on +27 (0)11 445 8012 or neppel@sasfin.com

South Suez Capital, an investment manager based out of Mauritius, has launched Africa’s first independent private equity fund-of-funds targeted exclusively at the African Continent. The Fund’s investment strategy seeks to construct a diversified portfolio of funds or companies that are located in, or have a significant focus on Africa. The Fund will invest primarily in private equity funds that will typically target deal sizes between $2m - $100m per investment. The Fund’s investment objective is to achieve a target return of 20% IRR net of all fees. southsuez.com

Panel Sponsors:

LP Masterclass Sponsor:

Legal Sponsor:

Exhibitor:

The Africa Healthcare Fund is an innovative private equity fund that will produce both commercial and social returns. The Fund will invest in healthcare companies targeting underserved communities. The Fund will initially focus on South African companies with its first close and then grow into East and West Africa on subsequent closings.For more information, please email: tom@africahealthcarefund.com

Cocktail Sponsors:

Ariya Capital is a Gaborone- and London-based private equity and corporate finance firm focusing on sustainable investments in Africa. Ariya is raising its Southern Africa Sustainable Investment Fund which aims to generate superior financial returns within a diversified portfolio of clean energy and technology, telecommunications and microfinance institutions, whilst delivering quantifiable social and environmental benefits. ariyacapital.com

Greenpark is an independent global private equity secondaries investment group, currently managing funds of €1.3 billion. Our multi-cultural and multi-lingual investment team executes transactions across the global mid-market with a particular strength in Europe. We have an established reputation for structuring deals with expertise, innovation and discretion to deliver tailor-made solutions for our clients. Whether a seller requires liquidity to free up capital, for portfolio management or strategic reasons, Greenpark delivers a customised response to their requirements. For more information, please visit greenparkcapital.com

Morning

08:00 Registration and breakfast

08:40 Opening address: J-P Fourie, Executive Officer, SAVCA

08:50 Chairman’s welcome address: Bruce MacRobert, Director, BRAIT

09:00 Keynote address: To be confirmed, please visit southafricapecongress.com

09:40 South Africa - Rising to the challenge; a GP’s perspectiveStuart MacKenzie, Partner, ETHOS PRIVATE EQUITY

10:20 Morning break

10:50 PANEL: The local LP perspective to asset allocation• Current and projected state of fund raising in the local market• Factors affecting the current and future fund raising• Asset allocation considerations and changes, if any, in LP’s terms and/or requirements from GP’sModerator: Cora Fernandez, Chief Executive Officer, SANLAM; Chair, SAVCAEmile du Toit, Divisional Executive, Private Equity, DBSAEarl van Zyl, Portfolio Manager - Private Equity Fund-of-Funds, FRAIM Mark Geevers, Portfolio Manager, OLD MUTUALClaire Busetti, Head of Isibaya Fund, PUBLIC INVESTMENT CORPORATION

11:50 Key Impacts of the 2008 Companies Act on Private Equity Transactions• Focusing on shares, shareholder agreements and fundamental transactionsJohn Bellew, Partner, WEBBER WENTZEL

12:10 KPMG Interactive Survey/Panel• Introduction discussing recent KPMG Pan-Africa investor survey• Review of pre-conference survey results• Interactive voting panelWarren Watkins, Head of Private Equity Africa, KPMG

12:50 Lunch

13:50 PANEL: The new dawn - the way forward for private equity deals in South Africa• Where is future deal flow going to come from (sectors, size, style)?• How will the structures of transactions continue to evolve• What skills are required in the private equity firm of the future• What best practices will you apply in the future?Moderator: Bruce MacRobert, Director, BRAITNhlanganiso Mkwanazi, Co-Founder & Director, MEDU CAPITALRichard Flett, Co-Founder & Managing Director, HORIZON EQUITY

14:30 An overview of global private equity secondariesDaniel Green, Investment Director, GREENPARK CAPITAL

Afternoon

15:00 Defining the VC landscape in South Africa• Is there enough of a VC pipeline in SA?• Where do deals done originate from?• What are the key bottlenecks hampering development of the VC industry?Moderator: J-P Fourie, Executive Officer, SAVCAHeather Sherwin, Fund Manager, BIO VENTURES David Murray, Partner, CAPE VENTURE PARTNERS Andrea Böhmert, Co-Managing Partner, HASSO PLATTNER VENTURES AFRICA Julia Fourie, Chief Executive Officer, HBD Brett Commaille, Chief Executive Officer, INVENFIN

15:40 Afternoon break and networking opportunities

16:00 PANEL: Africa - Challenges and Opportunities• The regulatory challenges faced by South African PE funds and LPs in investing outside of Africa• Opportunities in Africa - including in agriculture, healthcare, telecommunications, infrastructure and

financial services• Challenges in doing deals in Africa, including legal challengesModerator: Roddy McKean, Head of Africa Group, WEBBER WENTZELRalph Keitel, Senior Investment Officer, IFCBeth Mandel, Director, CAPITALWORKSDuncan Owen/Stuart Bradley, PHATISASimon Harford, Partner, ACTIS

16:40 Sustainable private equity; how to maximise financial return and deliver quantifiable social and environmental benefits.• Sustainable private equity and what it means from a GP perspective• LP perspective on investing in sustainable private equity funds• A practitioners perspective, how to generate carbon credits from cleantech investments Moderator: Herta von Stiegel, Executive Chairman, ARIyA CAPITALClaire Busetti, Head of Isibaya Fund, PICJeff Kenna, Chief Executive Officer, CAMCORaul Pomares, Vice President, GUGGENHEIM PARTNERS

17:20 Economic Impact of Venture Capital and Private Equity in South Africa 2009 StudyPresentation by Gloria Mamba, Head of Private Equity, DBSAFollowed by 15min panel discussion with GPs and audience participationLuc Albinski, Managing Partner, VANTAGE RISK CAPITALMore speakers to be confirmed - please visit southafricapecongress.com for updates

17:50 Chairman’s closing remarks

18:00 Drinks reception

20.00 End of the conference

4 EASY WAYS TO REGISTER W: southafricapecongress.com T: +44 (0)870 240 8859 E: conf@incisivemedia.com F: +44 (0)20 7504 3730

Build your contacts and pave the way for your 2010 deals with domestic and international investors throughout the day and at the cocktail receptions

Put your questions on asset allocation to our stellar LP Panel chaired by Cora Fernandez of Sanlam Private Equity and featuring Old Mutual, PIC the Development Bank of South Africa and the IFC

Gain insight into a wide spectrum of issues including sustainable private equity, lessons learned from the downturn and key impacts of the 2008 Companies Act on Private Equity Transactions

Identify investment opportunities in Africa across sectors, including healthcare, telecoms, agriculture and financial services

Analyse the results of KPMG’s pre-event private equity survey and take part in the interactive real-time Power Vote to see how attitudes and expectations of the market have changed

Analyse the opportunities and challenges of investing in Africa with our panel, which includes Phatisa and Capitalworks

Plus, a separately bookable LP Masterclass on 10 February for domestic investors only

What’s in it for you?

Legal Experts

Finance Directors

Managing Directors

CEOs

Directors of Asset Management

Placement Agents

Corporate Financiers

Heads of Private Equity Group

Senior Investment Officers

Pension Fund Managers

Associations

Managing Partners

Institutional Investors

Heads of Alternative Investment

Portfolio Managers

Fund of Fund Managers

Investment Managers

Founding Partners

Senior Bankers

Analysts

Partners

CFOs

Who will benefit?

Please join us at our networking Cocktail Receptions held at the event venue, the luxurious Table Bay Hotel. Pre-congress cocktail reception and early registration6pm - Wednesday 10 Feb - sponsored by Sasfin

Congress cocktail reception6pm - Thursday 11 Feb - Sponsored by Africa Healthcare Fund*Cocktail receptions are open to registered conference attendees only

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