News & Events | Seminar

Private Equity: Hedge Funds at the Gate
Thursday 10th July 2008
at 10 Queen Street Place, London EC4R 1BE

The exceptional returns delivered by private equity funds in recent years has caught the attention of hedge fund managers who are seeking to diversify their investment strategies in pursuit of alpha within an increasingly competitive marketplace. The experience of hedge fund managers in influencing and managing portfolio companies and the financing role of hedge funds in the leveraged buyout market have fuelled further interest by hedge funds in traditional private equity opportunities. By the same token, some large buyout houses have established hedge funds which provide more investment flexibility and easier access to capital. This convergence of investment strategies between private equity and hedge funds has come into sharper focus in the current market environment and is evident across a number of asset classes including infrastructure, public equity and debt.

Timetable
08.30 Registration & coffee
09.00 Seminar commences
10.00 Questions & panel discussion
10.15 Seminar ends followed by refreshments 

Programme

The seminar will examine some of the main commercial and legal issues that arise from this convergence including:   

• Hybrid structures
• Asset classes:  infrastructure, public equity, private equity and debt
• Liquidity: use of side pockets, lock-ups and redemption gates
• Valuation issues
• Taxation structures for carried interest and performance fees
• Structured products 

The speakers will include Jonathan Blake (Senior Partner), Michael Halford (Partner, Private Equity Funds), Ajay Pathak (Partner, Hedge Funds), Victoria Younghusband (Partner, Hedge Funds), Dominic Adams (Partner, Tax) and Brian Carne (Partner, Structured Finance and Derivatives).
 
The session will last around one hour, and there will then be some time available for discussion.

Training
The Law Society and other professional bodies accredit SJ Berwin as a provider of continuing professional development. Attendance at each seminar qualifies as 1.25 CPD hour, quoting reference reference 012/SJBE.

RSVP
To register please email candice.ingram@sjberwin.com including in the message your name and organisation. Alternatively, reply by fax on 020 7111 2000. Colleagues are welcome to come with you, or in your place.