Overview

Although still a nascent industry, private equity is arguably the only alternative asset class well positioned to give institutional investors access to Africa's private markets. Infrastructure and real assets have struggled to attract significant institutional capital, whilst alternative credit and private debt are overlooked by debt funds. Given the limited data and knowledge of how to access alternative assets and private markets in Africa, the confidence to invest is held back by the concern of undue risk exposure.

Despite the growing popularity of Africa private equity, many LPs and GPs are apprehensive that the investable themes that pitted Africa private markets against many emerging markets are not been realised.  Thus prompting the question – Is there really an alternatives markets for institutional and private investors seeking risk–adjusted returns in Africa?  Where does the real value of investing in Africa alternatives lie?  How viable is investing in Africa alternative assets?  How can alternative fund managers capture further value for asset owners?   What are the best ways to gain meaningful exposure to alternative assets?

Themed Leveraging Alternatives for Risk–Adjusted Returns, the 2017 AAII – 4th New York Forum is a practitioner–led, peer-to-peer ecosystem of institutional investors and fund managers that are committed to addressing the principal blocks to institutions with a strong appetite to build infrastructure, real assets, private equity, alternative credit, and private debt portfolios across Africa.  The Intensive is a “talk-show free” open forum driven by knowledge sharing about what works and what doesn't work when investing in Africa, and it is held under the Chatham House Rule.



 
 
Discussion Leaders

Hand-picked to lead discussions, take part in debates, interviews, and open conversations.  Join our carefully selected speakers.
 

Ziad-Oueslati

ZIAD OUESLATI
Founding Partner,
AfricInvest Group

ALISON-KLEIN

ALISON KLEIN
Manager, Private Equity,
FMO

MARKUS PIETIKÄINEN

MARKUS PIETIKÄINEN
Chief Investment Officer
Finnfund

JOHN KRISTENSEN

JOHN KRISTENSEN
Snr. Investment Manager,
Swedfund

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THE IMMERSION

The immersion is not just another event. It is an ecosystem of senior investment practitioners at the forefront of investing in Africa. They are all renowned discussion leaders at leading industry events.

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THE TALKS

These are off-stage in-conversations and interviews designed to dig deep into credit, private Debt and equity strategies. It is an opportunity for practitioners to get specific.

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THE PRELUDE

The Prelude connects vetted businesses seeking growth equity and debt capital with fund managers. It also brings together asset owners with alternative credit, private Debt and equity strategies.
Be Part of It

APEDI gives you a unique opportunity to – highlight your brand positioning, build long-term valuable relationship, engage with a senior-level audience, demonstrate thought-leadership, and educate your market place.

For corporate and sponsorship partnership, contact Peace Natachy at pugbajah@afri-conomie.com, or +44(0) 208 870 6620. The partnerships will give you opportunity to:

  • Contribute a thought leadership piece on private equity and debt strategies,
  • Participating in or moderating a roundtable discussion at the forum or rendezvous,
  • Sponsor a masterclass learning session for asset owners,
  • Taking part in a debate, interview or practitioner-led report.
The Africa Private Equity and Debt Immersion is limited to around 70 select practitioners, so register now to secure your attendance.



AGENDA  |   MONDAY, 15 MAY 2017


08.00             WELCOME & REGISTRATION


09.00             OPENING REMARKS


09.05             THE EMERGENCE OF ALTERNATIVES INVESTMENT STRATEGIES IN AFRICA

      • NABEEL LAHER,  Investment Professional : International Private Equity,  Old Mutual Alternative Investments


09.20              AFRICA – U.S GEOPOLITICS AND THE PROSPECTS FOR CAPITAL FLOWS IN 2017 & BEYOND

      This session seeks to shed some light on how the new administration shaping its Africa policy?  What should institutional and private investors expect? What are the potential impacts of a strengthening dollar on capital flows and trade in/out of Africa?
      SPEAKERS:
      • AARON MANAIGO,  Managing Partner,  Global Political Solutions
      • AUBREY HRUBY,  Visiting Fellow, Africa Center,  Atlantic Council


09.50             THE OPEN CONVERSATION ON AFRICA

      The Open Conversation on Africa is an opportunity for you to have your say on institutional investment in Africa - or anything else to do with business, investment, government and politics on the continent. No topic is out of bounds. No idea is too aggressive. Just stand-up, open your mouth and let it flow—and be prepared for them to be challenged. This session is closed to the media, not recorded and held under the Chatham House Rule.
      ANCHOR:
      • AUBREY HRUBY,  Visiting Fellow, Africa Center,  Atlantic Council


10.50              PRIVATE EQUITY IN AFRICA: UNCOVERING UNTAPPED INVESTMENT POTENTIAL

      The attractions of diversification, GDP growth and rising middle-class incomes put Africa firmly on the radar of institutional investors. However, success in sourcing deals, completing transactions, managing and exiting deals demands local knowledge and access to significant deal flow. The session seeks to uncover what works and what doesn’t work in Africa private equity.
      SPEAKERS:
      • PAUL KAVUMA,  Chief Executive Officer,  Catalyst Capital
      • ALISON KLEIN,  Manager - Private Equity,  FMO
      • KURT DAVIS JR.,  Investment Banker and Advisor,  Barclays Capital
      • ALBERT ALSINA,  Founder, CEO & Managing Partner,  Mediterrania Capital Partners
      • AUBREY HRUBY,  Visiting Fellow, Africa Center,  Atlantic Council (moderator)


11.40              NETWORKING BREAK


11.55              INSTITUTIONAL REAL ESTATE STRATEGIES IN AFRICA

      With institutional real estate investors committing more money to real estate private equity and debt funds in recent years, fund managers within the industry are bringing more and more equity and debt vehicles to market to satisfy this demand. This session examines the diversification that private equity and debt strategies offer real estate investors and managers active in Africa. As well as highlight how investors can navigate and optimize their real estate portfolio in Africa.
      • PAUL B. EDWARDS,  Vice Chairman, Africa, India and Middle East, Capri Global Capital President and Chief Executive Officer, Capri Africa


12.15              PRACTITIONER VIEWS ON EQUITY & DEBT STRATEGIES FOR INFRASTRUCTURE

      This session brings together CEOs & CIOs to benchmark how and where private equity and debt allocations fit into infrastructure asset and strategy mix? Why the asset class is appealing to long-term investors? What innovations do investors want to see? Where are the sectors specific opportunities and how they can access the space? What were the 2016 highlights, focus and expectations for 2017? What strategies for creating value and risk–adjusted returns?
      SPEAKERS:
      • JOHN JANIK,  Chief Executive Officer,  Electronic Power Design
      • CARLA DE NOBREGA,  Corporate and Project Finance,  Symbion Power
      • MARKUS PIETIKÄINEN,  Chief Investment Officer,  Finnfund
      • JIM SCHNORF,  Investment Committee,  Eastern Illinois University Foundation (Moderator)


13.10              NETWORKING LUNCH


14.10              LEGAL CONTEXT FOR MINIMIZING RISK WHEN INVESTING IN AFRICA

      Investing in African private equity funds is not a new phenomenon, however U.S. institutional and non-traditional investors are positioning their funds to access the opportunities in the continent. Bearing in mind the jurisdictional idiosyncrasies and complexities of African markets, what are the potential transaction risks and their mitigation? How can investment funds and managers navigate the regulatory considerations specific to private equity and debt funds? How can African-focused private equity funds minimize risk when allocating, managing and existing Africa?
      SPEAKERS:
      • PETER MUGO,  Legal Counsel,  Barings LLC
      • NELL SCOTT,  Partner,  Orrick, Herrington & Sutcliffe LLP
      • RAJEN RANCHHOOJEE,  Special Legal Counsel,  Orrick, Herrington & Sutcliffe LLP


14.40              TAX EFFICIENT FUND STRUCTURE FOR PRIVATE EQUITY AND DEBT FUNDS

      The regulation around tax continues to evolve at a rapid pace with substantial implications for Institutional investors. And as investors continue to explore secure and tax efficient ways of investing in Africa, they are likely to seek out and rely on investment routes structured through reputable and internationally recognized jurisdictions. This session presents a guide on tax–efficient planning for U.S asset owners and fund managers.
      SPEAKERS:
      • GILLES DE VIGNEMONT ,  African Tax Group – Principal,  PwC
      • OBAWAEKI OMOIKE,  International Tax Services Director - Africa Desk,  PwC


15.00              ADDRESSING THE FUNDING GAP: FOCUS ON EMERGING MID-MARKET CREDIT & DEBT SOLUTIONS

      Alternative credit and private debt is playing a critical role in Africa – where SMEs make–up significant of the deal flow is circulation. As these asset classes continue to grow in popularity – We examine how Africa’s un-served or underserved SME’s are benefiting. What innovative debt structures can effectively reach African SMEs? What are the strategic role in portfolios and challenges of effective implementation?
      SPEAKERS:
      • BENJAMIN S. TODD,  Business Development for Africa & the Middle East,  EXIM
      • ERIC OSIAKWAN,  Managing Partner,  Chanzo Capital
      • KURT DAVIS JR.,  Investment Banker and Advisor,  Barclays Capital


15.45              NETWORKING BREAK


16.00              ALTERNATIVE INVESTMENTS IN NORTH AFRICA: IS NOW THE RIGHT TIME TO INVEST IN NORTH AFRICA?

      An in conversation with AfricInvest and The Abraaj Group on alternative investing in North Africa with titans of Africa private equity. The session examines the current state of alternative investing in North Africa, with emphasis in emerging investment opportunities, challenges of accessing bankable deals and the appetite of Middle East asset owners for North– and sub-Saharan Africa.
      SPEAKERS:
      • KHALED BEN JILANI,  Executive Director: Senior Partner Head Financial Sector,  AfricInvest Group
      • MUSTAFA ABDEL-WADOOD,  Managing Partner & Global Head of Private Equity,  The Abraaj Group
      • EMAD BARSOUM,  Founder & Managing Director,  Ezdehar, LLC


16.30              DELIVERING SUSTAINED IMPACT: REALIZING PRIVATE MARKETS VALUE CREATION

      As interest in investment approach that aims to bring about a measurable social, governance or environmental change while generating financial returns continues to grow. Investors continuously grappling with – how to measure, benchmark and maximize the impact of their capital? This open session examines the real value of impact investing in Africa, with emphasis on decision to invest, value creation, exit strategies and key lessons learned during the process.
      SPEAKERS:
      • JON VANDENHEUVEL,  Chief Executive Officer,  First Hectares Capital
      • JEFFREY LEONARD,  President & CEO,  Global Environment Fund
      • PAPA M. NDIAYE,  CEO & Founding Partner,  AFIG Funds
      • MARC IMMERMAN,  Principal,  Lereko Metier Sustainable Capital
      • MICHELLE CONREY,  Managing Director,  Impact Africa Capital Partners (moderator)


17.30              RECAP AND CLOSING REMARKS

      • GRAHAM SINCLAIR,  Principal,  Sustainable Investment Consulting LLC


17.35              CLOSING REMARKS & 2017 APEDI D.C PROGRAMME CONCLUDES