Securing the success and prosperity of the midmarket

Registration and networking breakfast
Chair’s welcome remarks

Duncan Lumsden, Chief Content Officer, Real Deals Media

Keynote presentation: State of the midmarket

Linda Yueh, Economist, Oxford University and London Business School

Opening panel: The role of midmarket private equity in economic growth

Whilst the evidence is that UK midmarket private equity can deliver healthy returns, the expansion of private markets means it is possible for investors to find equivalent performance elsewhere in the asset class.

  • Is the trend to write bigger tickets with fewer managers an existential crisis for the UK midmarket?
  • How does the industry catch the attention of the global superpowers in the US, Canada, Australia?
  • How does the industry evolve to be able to take bigger tickets from LPs - are fund of funds the only mechanism or would consolidation benefit the UK market?
  • What has happened in other markets to wrestle attention?

Claire Madden, Founder and Managing Partner, Connection Capital

Wol Kolade, Managing Partner, Livingbridge
Henry Sallitt
, Managing Partner, FPE Capital
Mark Nicolson, Head of Primary Investments, abrdn
John Stake, Managing Director and Co-Head of the Fund Investment, Hamilton Lane

Panel: Unlocking pension capital - how are we measuring up?

Regulatory changes to pensions reform that seek to channel more pension contributions into private assets. How are we faring on progress? An update on Mansion House reforms from Private Capital will offer insights into the changing dynamics of private investments and pension fund allocations.

Michael Moore, CEO, BVCA

Kerry Baldwin, Co- founder and Managing Partner, IQ Capital
Marco Natoli, Head of sustainable growth, EIF
Sinead Leahy, Managing Director, Cardano

Networking break
Panel: From one-trick ponies to herding assets

The transition from corporate raider to investment partner has led to more creative transactions that broaden the opportunity set and sustain returns in any market condition - so where does it go from here? This panel unpicks the evolution of managers from buyout shops to multi-asset firms investing across the capital structure and at each stage of a company’s journey - and asks, where does it go next?

Laura Rusu, Founding Partner, Rosedge Capital

Mauro Moretti, Founder and Managing Partner, Three Hills Capital
Jamie Roberts,
Partner and Head of Investments South, YFM
Vytautas Plunksnis
, Partner/ Investment Committee, INVL

    Panel: Is the grass always greener when going it alone?

    Follow a founder’s story. What was the experience of setting up an independent manager after building a reputation in a leadership role at a well-respected GP?

    Oliver Thomas, Founder and Managing Partner, Expedition Capital

    Mike Reid, Founder and Senior Partner, Frog Capital
    Nigel Hammond
    , Managing Partner, Vespa Capital
    Florian Hofmann, Managing Partner, Peakstone Growth Partners
    Will Roxburgh, Managing Partner, Khepri

    Fireside- chat: Growth capital for GPs

    What has been the experience of GPs that have taken on their own “growth capital”? View from GP-stakes investor on trends in the market, what they’re seeing as the strategy evolves and how they can spot a winner.

    Kathryn Pothier, Investor Relations Partner, Epiris

    Nicoló Miscioscia, Partner and Head of Private Markets, Decalia
    Eleanor Blagbrough
    , Co- Founding Partner, Blume Equity

    Lunch break and networking
    Fireside chat: Retailisation of private markets: Opportunity or threat for traditional mid-market fund managers?

    What does the recent focus on alternative investments, driven by the pursuit of higher returns and low interest rates, by private and retail investors mean for the mid-market?

    As the European Long-Term Investment Fund (ELTIF), and the proposed UK equivalent, the Long-Term Asset Fund (LTAF), reduce the historic complexity and barriers to entry to Private Equity will welcoming these ‘new’ investors provide greater opportunity (and so returns)… or could the risk of diversifying threaten the long-term success of the mid-market.

    Products: ELTIFs Vs LTAFs, Master-feeder Vs Stand-alone, and Liquidity frequencies. Operations: high volume B2C investors Vs low volume B2B pension platform investors, redemption frequency's, and how to prudently manage liquidity, and accounting for higher volumes.

    Mike Johnson, Chief Commercial Officer, GenII
    Claudio Siniscalco, Founder and Managing Partner, Fiduciary Co- Investment Partners

    Panel: Where next for the buyout?

    Rewind 20 years and the buyout was synonymous with the deals that midmarket private equity did. Yet, the art of the buyout has had to adapt. This session digs into what market expansion and increased competition has meant for origination - and the posture that firms need to continue to succeed.

    Jennifer Regehr, Founder, Sophora

    Tassilo Arnhold, Co- Managing Partner, AnaCap
    Alex Bowden
    , Partner, Synova
    Suzanne Pike
    , Partner and Head of Origination, ECI
    Pawel Gierynski
    , Managing Partner, Abris 

    Networking break
    Panel: The future of credit

    Charting the rise of private credit and decline of banks as source of funding. What does it mean for capital markets? How big can the industry get?

    Sabrina Fox, Chief Executive Officer, European Leveraged Finance Association (ELFA)

    Roxana Mirica, Partner, Apax
    Stephen Edwards, Co- Managing Partner, Soho Square
    Tim Johnston
    , Senior Originator, Fidelity International
    Ran Landmann, Partner and CIO, Ambienta Credit

    Panel: Private equity and accelerating the sustainable transition - a report card

    The widespread integration of ESG, expansion of impact capital and urgency of environmental action have all improved the conditions for sustainable strategies to thrive. How would we mark the effects to date and what more there is to do? Significant opportunity remains to deploy more capital in decarbonizing high-emitting sectors. Where?

    Alex Bexon, VCP Director, ESG, LDC

    Eimear Palmer, Partner and Global Head of ESG, Pantheon
    Elin Ljung, Managing Director, Head of Communications & Sustainability, Nordic Capital
    Valerie Monk
    , Risk & Compliance and Interim ESG Director, Montagu
    Bettina Denis
    , Head of Sustainability, Revaia

    Closing remarks and networking drinks