1. Book
25 th J by
u
2010 ne
save and “The quality of
up
£525 to speakers and
!
participants makes
it one of the most
productive events”
Richard Green, Chairman,
August Private Equity
15th – 17th September 2010
Le Meridien Beach Plaza, Monte Carlo Over 60 companies
www.capitalcreationeurope.com already confirmed,
Celebrating 10 years Of Successfully including …
Northwestern Mutual
Bringing Together The Private Equity Community 3i
Scottish Widows
Investment Partnership
PineBridge Investments
The Blackstone Group
The Carlyle Group
SL Capital Partners
Montagu Private Equity
Hear how industry-leading experts are responding to the latest challenges: F&C Investments
Peter Mckellar, Chief Investment Erik Kaas, Co-Head of Investment
Swiss Re
Officer, SL Capital Partners highlights Solutions, Partners Group reveals Allianz
how GPs can secure new sources of how the private equity industry can EQT Partners
capital to ensure successful prepare for the forthcoming AIFM
fundraising campaigns Directive Bridgepoint Capital
AAC Capital Partners
Mark Boyle, Director, Private Equity Erin Harrell, Managing Director,
Funds, Northwestern Mutual reveals Investor Relations, The Blackstone Zurich
how the ILPA principles should be Group uncovers what GPs need to do Advent Venture Partners
applied to deliver transparency to ensure survival and revival after the
Lyrique
between GPs and LPs financial crisis
PPM Managers
Michael Wand, Head of Growth Denis Robin, Global Head of
Morgan Stanley AIP
Capital, Carlyle Group discusses how European Healthcare, 3i identifies the
growth equity ensures profitability in a healthcare sector as a key opportunity LGT Capital Partners
lean leveraging environment to generate returns in 2011 ECI Partners
Jussi Saarinen, Investor Relations Hanspeter Bader, Managing Director, Swift Capital Partners
Director, EQT Partners highlights how Private Equity, Unigestion puts forward BP Investment Management
information-sharing will ensure a his thoughts on the future development
collaborative relationship between GPs of the secondaries market Climate Change Capital
and LPs Aberdeen Asset Management
EBRD
Featuring The Essential Fundraising Forum: Rho Fund Investors
Ensure you successfully drive your fundraising campaigns in 2011 by 3TS
attending our Fundraising Focus Day. Join leading CIOs and Investment Bank Gutmann
Directors from the likes of Northwestern Mutual, Alliance Trust and Palamon Capital
SL Capital Partners on the 15th September and uncover the latest key Argos Soditic
strategies to drive investment forward in a challenging climate. Atlantic Bridge
About Dow Jones Private Markets
Principal Sponsor Sponsors:Private Information Services, a division
Dow Jones
is part of Financial
Markets (www.fis.dowjones.com)
Organised by:
of Dow Jones & Co., a News Corporation company.
Dow Jones Private Markets offers integrated content
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the industry-specific deal databases Private Equity
Source, LP Source and VentureSource, as well as the
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Contact us to find out who’s attending and how this event can benefit you
About Dow Jones
T. +44 (0) 20 7368 9465 F. +44 (0) 20 7368 9401 www.capitalcreationeurope.com
Dow Jones & Company (www.dowjones.com) is a
News Corporation company (NYSE: NWS, NWS.A;
capitalcreation@wbr.co.uk
ASX: NWS, NWSLV; www.newscorp.com). Dow

2. Dear colleague,
to celebrate its
Capital Creation returns to Monte Carlo
ember 2010.
10th anniversary on the 15th-17th Sept
itself as the leading
Since 2001, Capital Creation has established
dar, creating the
boutique private equity event on the calen
an intimate, bespoke
ideal arena for peer-to-peer networking in
p, Blackstone Group,
environment. With the likes of Carlyle Grou
and Allianz already
SL Capital Partners, Northwestern Mutual
is set to be one of
confirmed to attend, Capital Creation 2010
’s ten year history.
the finest networking opportunities in the event
g opportunities, this
As you can see, to complement the networkin
and challenges of the
year’s agenda truly reflects the latest issues The Private Equity Networking
rtunity to discuss
private equity industry, offering you the oppo
will deliver maximum
Event of 2010
strategies and investment opportunities that
return. There is no better place this year to spend quality
time with leading, senior-level private equity
rtunity to network with
Make sure you do not miss out on this oppo professionals, ensuring you optimise your time
your place right now.
the industry’s leading figures and reserve spent out of the office:
brochure to WBR or
Fax the registration page on the back of this Cocktail and Drinks Receptions
e.com and confirm
visit the website at www.capitalcreationeurop
Unwind after a hard-working
your place online.
and rewarding day of debate
. and discussion by sipping
I look forward to seeing you in Monte Carlo
cocktails on the terrace as the
Kind regards, sun sets over Monte Carlo.
10th Anniversary Gala Dinner
Celebrate 10 years of
P.s. Be sure to Capital Creation and join your
Fahim Afghan industry colleagues for an
register by
Director evening of great food, fine
25th June to wine and contact generation.
Capital Creation 2010
save up to £525!
Online Networking
Start the networking process
before we even get to Monte
Join The Fundraising Forum To Drive Returns Carlo by joining our Capital
Creation Private Equity Forum
Make sure you attend the Fundraising Forum on Wednesday on LinkedIn and discuss your
15th September and meet the most prominent LPs and GPs to views with over 200 members.
determine a profitable investment strategy for the next twelve
months. Peer-to-Peer Roundtable Discussions
Featuring the likes of SL Capital Partners, Lyrique, Alliance Keep up to date with the
latest expert opinion by
Trust and Northwestern Mutual, this year’s forum will host
joining our roundtable
significant debates on the most important topics in fundraising,
discussions, facilitating
ensuring you have complete visibility over the market to generate
open and interactive debate
maximum returns. with the leading minds in
private equity.
2 Contact us today to find out how to secure a saving of up to £525

3. Capital Creation 2010 Agenda: At A Glance
Fundraising Forum – Wednesday 15th September 2010
12:00 Registration And Networking Luncheon 15:30 Afternoon Coffee And Networking
13:30 Chairperson’s Welcome And Opening Remarks 16:00 Panel: Assessing LP Strategies And Expectations As Private Equity Emerges
From Financial Crisis
13:40 Keynote Address: Jesper Knuttson, Investment Manager, Danske Private Equity
Fundraising In A Challenging Climate – Preparing A Strategy For 2011 Robert Nef, Member of the Management Team, Swiss Re Private Equity Partners AG
Vince O’ Brien, Director, Montagu Private Equity Veera Somersalmi, Partner, Global Private Equity
14:10 Panel: What Do GPs Need To Do To Ensure Their Survival And Revival? Erwin Roex, Partner, Coller Capital
Hans van Swaay, Partner, Lyrique
16:40 Panel: How Should The ILPA Principles Apply To Fundraising In Practice?
David Jeffrey, Managing Partner, Parish Capital
Mark Boyle, Director, Private Equity Funds, Northwestern Mutual
Erin Harrell, Managing Director, Investor Relations, The Blackstone Group
Raymond Abbott, Managing Director, Alliance Trust Equity Partners
Robert Barry, Partner, Proskauer
Oksana Tiedt, Investment Director, Swift Capital Partners
14:50 Panel: How Can GPs Secure Alternative Sources Of Capital In A Difficult Michael Hoffman, Chairman, Palamon Capital
Economic Environment?
Peter Mckellar, Chief Investment Officer, SL Capital Partners 17:20 Chairperson’s Closing Remarks, Followed By Close Of Fundraising Forum
Vince O’ Brien, Director, Montagu Private Equity 17:30 Networking Drinks Reception
Annette Wilson, Managing Director, Investor Relations, Palamon Capital Partners
Andreas Schmidt, Managing Director, Sal Oppenheim
Main Conference Day One – Thursday 16th September 2010
08:00 Registration And Refreshments Rhonda Ryan, Head of Private Funds Group, Europe, PineBridge Investments
Robin Painter, Partner, Proskauer
08:50 Chairperson’s Welcome And Opening Remarks
10:50 Morning Coffee And Networking
09:00 Opening Keynote Address:
The State Of The Industry – An Outlook For 2011 11:20 Ensuring fund performance through uncertainty by bridging the gaps in the
investment cycle
09:30 Panel: What Justifies Private Equity? Going Back To Basics To Emerge Speaker To Be Confirmed
Stronger From The Crisis
Michael Wand, Head of Growth Capital, Carlyle Group 11:50 Panel: How Are Private Equity Firms Selling Portfolio Companies?
William Gilmore, Chief Investment Officer, Scottish Widows Investment Partnership Determining Exit Strategies For The Year Ahead
Marc der Kinderen, Managing Partner, 747 Capital Helen Steers, Head of Private Equity, Pantheon Ventures
Jan Janshen, Senior Partner, Advent International
10:10 Panel: Determining The GP-LP Fund Relationship As We Emerge From The
Financial Crisis 12:30 Networking Luncheon
Jussi Saarinen, Investor Relations Director, EQT Partners
Neil Harper, Managing Director, Morgan Stanley AIP
Stream A: Emerging Market Opportunities Stream B: The Developing Secondaries Market
13:50 Chairperson’s Opening Remarks 13:50 Chairperson’s Opening Remarks
14:00 Panel: Where Are The Most Profitable Regions Across Emerging Markets? 14:00 What Are The Factors Which Will Reduce The Bid-Ask Spread And Drive
Gordon Hargraves, Partner, Rho Fund Investors Secondary Deal Flow?
Hans Christian Dall Nygård, Head of Investment Operations, CapMan Andrew Sealey, Managing Partner, Campbell Lutyens
Andrey Dobrynin, Managing Partner, New Russia Growth Greg Holden, Partner, Adams Street Partners
André Aubert, Principal, LGT Capital Partners
14:30 Evaluating The Investment Potential Of The Asia-Pacific To Drive
John Carter, CEO, Hollyport Capital
Capital Growth
Richard Nairn, Director, Private Equity Funds, F&C Investments
Vincent Huang, Partner, Pantheon Ventures
Martin Dreher, Private Equity Fund Investments, Fortis Investments 14:30 How Will The Secondaries Market Develop In The Long-Term?
Fay Sanders, Private Equity Journalist, The Financial Times Group Hanspeter Bader, Managing Director, Private Equity, Unigestion
Mark McDonald, Principal and Director, Europe, Pomona Capital
Christophe Nicolas, Executive Director, Morgan Stanley AIP
Matthew Arkinstall, Investment Director, Greenpark Capital
15:00 Roundtable Discussions plus Afternoon Coffee And Networking
Stream A: A Focus On Sectors Stream B: Ensuring Transparency In Private Equity
16:05 Chairperson’s Opening Remarks 16:05 Chairperson’s Opening Remarks
16:15 An Energy Sector Study: Identifying Sectors Which Will Generate The 16:15 Panel: Stepping Up Scrutiny And Objectivity To Ensure Investments Generate Returns
Maximum Returns Jeremy Golding, Managing Partner, Golding Capital Partners
Thomas Skovbjerg, Director, Climate Change Capital Pekka Santeri Mäki, Managing Director, 3TS Capital
Charles Soulignac, Managing Partner, Fondinvest Partners
16:45 A Healthcare Sector Study: Identifying The Sectors Which Will Generate The
Maximum Returns 16:45 Is Greater Transparency Necessarily An Advantage For Ensuring Returns?
Richard Green, Chairman, August Equity Christiaan de Lint, Partner, Headway Capital
Denis Ribon, Global Head of Healthcare, 3i John Hess, CEO, Altius Associates
Jean-Marie Lavirotte, Managing Director, Perfectis Private Equity Daniel Dupont, Private Equity Expert
17:15 Panel: Assessing The Future Development Of Fund-of-Funds 17:55 Chairperson’s Closing Remarks, Followed By Cocktail Reception
Carol Kennedy, Senior Partner, Pantheon Ventures
John Barber, Partner, Bridgepoint
John Gripton, Managing Partner, Capital Dynamics
Main Conference Day Two – Friday 17th September 2010
08:30 Re-registration And Refreshments 10:10 Securing Returns On Capital Through Growth Equity
Antoine Garrigues, Managing Partner, Iris Capital
08:55 Chairperson’s Welcome And Re-cap Of Day One Michael Wand, Head of Growth Capital, Carlyle Group
09:00 Panel: Is the AIFM Directive A Genuine Threat To Private Equity? Martin Dunnett, Managing Director, Warburg Pincus
Erik Kaas, Co-Head of Investment Solutions, Partners Group 10:50 Morning Coffee And Networking
Hendrik NItschke, Managing Director, Swift Capital Partners
Roberto Pilotto, Partner, PPM Managers 11:20 Panel: What Are The Alternative Financing Routes In A Lean Leveraging
Graeme Gunn, Partner, SL Capital Partners Environment?
Geoffrey Geiger, Portfolio Manager, Universities Superannuation Scheme *
09:40 What Will The Alternative Investment Fund Managers (AIFM) Directive Mean In Guy Semmens, Partner, Argos Soditic
Practice For Private Equity?
Gus Black, Partner, Dechert LLP 12:00 Closing Discussion: A Review Of Lessons Learned
12:30 Chairperson’s Closing Remarks, Followed By Close Of Conference
T. +44 (0) 20 7368 9465 F. +44 (0) 20 7368 9401 www.capitalcreationeurope.com capitalcreation@wbr.co.uk 3

4. Fundraising Forum - Wednesday 15th September 2010
12:00 Registration And Networking Luncheon
13:30 Chairperson’s Welcome And Opening Remarks
13:40 Keynote Address:
Fundraising In A Challenging Climate – Preparing A Strategy For 2011
• The need for GPs to diversify their investment base to ensure successful fundraising campaigns
• What returns should be targeted looking ahead?
• A move away from mega funds and towards low-mid market in 2009-10: when will mega funds return?
• Using the recent crisis as an opportunity to re-evaluate the risk profile of private equity
Vince O’ Brien, Director, Montagu Private Equity
14:10 Panel: What Do GPs Need To Do To Ensure Their Survival And Revival?
• Turning attention to alternative sources of capital to drive fundraising
• Accommodating LP requirements within the fund by re-aligning stewardship of funds
• What factors will determine who the fundraising “winners” will be?
Hans van Swaay, Partner, Lyrique
David Jeffrey, Managing Partner, Parish Capital
Erin Harrell, Managing Director, Investor Relations, The Blackstone Group
Robert Barry, Partner, Proskauer
14:50 Panel: How Can GPs Secure Alternative Sources Of Capital In A Difficult Economic Environment?
• Responding to the impact of Solvency II and the Basel Accords to ensure sufficient scope for fundraising
• Replacing endowments and banks to ensure a wider investment base
• Working with potential investors to develop trust that private equity will generate significant returns
Peter Mckellar, Chief Investment Officer, SL Capital Partners
Vince O’ Brien, Director, Montagu Private Equity
Annette Wilson, Managing Director, Investor Relations, Palamon Capital Partners
Andreas Schmidt, Managing Director, Sal Oppenheim
15:30 Afternoon Coffee And Networking
16:00 Panel: Assessing LP Strategies And Expectations As Private Equity Emerges From Financial Crisis
• What returns are LPs targeting for 2011 and how will this impact upon investment strategy?
• Increasing LP influence within funds by amending the structure of relationships with GPs
• How have LPs reacted to write-downs? What will keep LPs in private equity?
Jesper Knuttson, Investment Manager, Danske Private Equity
Robert Nef, Member of the Management Team, Swiss Re Private Equity Partners AG
Veera Somersalmi, Partner, Global Private Equity
Erwin Roex, Partner, Coller Capital
16:40 Panel: How Should The ILPA Principles Apply To Fundraising In Practice?
• Closely aligning interests by creating a “check list” against GPs?
• Will a swing in influence towards LPs last only until the fundraising climate improves?
• Remaining supportive to GPs to ensure resources to successfully generate capital
• Where should GPs make concessions to LPs when negotiating new fund commitments?
Mark Boyle, Director, Private Equity Funds, Northwestern Mutual
Raymond Abbott, Managing Director, Alliance Trust Equity Partners
Oksana Tiedt, Investment Director, Swift Capital Partners
Michael Hoffman, Chairman, Palamon Capital
17:20 Chairperson’s Closing Remarks, Followed By Close Of Fundraising Forum
17:30 Networking Drinks Reception
4 Secure significant savings on your registration fee by contacting us now

5. Main Conference Day One - Thursday 16th September 2010
08:00 Registration And Refreshments Jussi Saarinen, Investor Relations Director, EQT Partners
Neil Harper, Managing Director, Morgan Stanley AIP
08:50 Chairperson’s Welcome And Opening Remarks
Rhonda Ryan, Head of Private Funds Group, Europe,
09:00 Panel: What Justifies Private Equity? Going Back To Basics PineBridge Investments
To Emerge Stronger From The Crisis Robin Painter, Partner, Proskauer
• Emerging from the recession through a “re-birth” of the private equity industry
• A re-focus on operational strategy to deliver genuine business value 10:50 Morning Coffee And Networking
• Moving away from perceptions of financial engineering to maintain investor faith
11.20 Ensuring fund performance through uncertainty by bridging
in private equity
the gaps in the investment cycle
Michael Wand, Head of Growth Capital, Carlyle Group • Optimising efficiency levels by integrating reporting, investor relations and
William Gilmore, Chief Investment Officer, Scottish Widows accounting in an all-accessible location
Investment Partnership • Automating the investment cycle to drive returns in a challenging climate
Marc der Kinderen, Managing Partner, 747 Capital • Mitigating risk in your portfolio by increasing visibility across the entire fund structure
Speaker To Be Confirmed
09:40 The State Of The Industry – An Outlook For 2011
• “Dry powder” as a key driver of increased activity 11:50 Panel: How Are Private Equity Firms Selling Portfolio
• Fuelling a rebound through further expansion into Asian and Latin American markets Companies? Determining Exit Strategies For The Year Ahead
• Re-aligning the balance of power between GPs and LPs to ensure fund transparency • Recognising the impact of macro-economic factors on exits: what is the current
• Proactively identifying alternative sources of finance to counter muted leveraging outlook?
• Is the IPO market really that attractive now?
Gus Black, Partner, Dechert LLP
• The secondaries market as an attractive alternative exit route in light of limited
10:10 Panel: Determining The GP-LP Fund Relationship As We debt availability
Emerge From The Financial Crisis • Will improving valuations result in increased exits?
• Re-evaluating fund structure to meet LP requirements in a tough climate Helen Steers, Head of Private Equity, Pantheon Ventures
• The need to insert divorce clauses into agreements to better align the interests of LPs Jan Janshen, Senior Partner, Advent International
• Ensuring proactivity amongst LPs to establish a partnership-based relationship
with GPs 12:30 Networking Luncheon
• Where do you draw the line on information sharing?
Stream A: Stream B:
Emerging Market Opportunities The Developing Secondaries Market
13:50 Chairperson’s Opening Remarks 13:50 Chairperson’s Opening Remarks
14:00 Panel: Where Are The Most Profitable Regions Across 14:00 What Are The Factors Which Will Reduce The Bid-Ask
Emerging Markets? Spread And Drive Secondary Deal Flow?
• New sources of investor capital in Asia indicating strong fundraising prospects • A mutual realisation of benefit across buyers and sellers to agree on pricing
• Renewed confidence in Latin America’s healthcare market driving increased • A closing valuation gap as a result of sellers growing accustomed to discount
confidence in the region levels within a tough climate
• Has the risk profile of Russia and Eastern Europe reduced the appetite for • How greater visibility of fund performance on the investor side will ensure
investment? greater levels of deal-closing
• How has the crisis impacted upon the emerging markets? Are they in a
position to generate capital?
Andrew Sealey, Managing Partner, Campbell Lutyens
Gordon Hargraves, Partner, Rho Fund Investors Greg Holden, Partner, Adams Street Partners
Hans Christian Dall Nygård, Head of Investment André Aubert, Principal, LGT Capital Partners
Operations, CapMan John Carter, CEO, Hollyport Capital
Andrey Dobrynin, Managing Partner, New Russia Growth Richard Nairn, Director, Private Equity Funds,
F&C Investments
14:30 Evaluating The Investment Potential Of The Asia-Pacific To
Drive Capital Growth 14:30 How Will The Secondaries Market Develop In The Long-Term?
• Rapid domestic expansion in China and India providing significant • Will secondaries prove separate or remain tied to the growth of the primary market?
opportunity for investment
• Will secondaries become more commoditised and what is the response of
• Is private equity now becoming an attractive alternative to public equity secondary players?
exchanges in the region?
• Portfolio sales vs. secondary directs and structured deals: will the number of
• Do you need a local presence to do business in Asia? secondary directs increase?
• An increase in the number of Sovereign Wealth Funds in the Asia Pacific • Will secondary specialists dominate the market in 2010/11 or will Fund-of-
creating a new platform for capital Funds and primary investors remain dominant?
Vincent Huang, Partner, Pantheon Ventures Hanspeter Bader, Managing Director, Private Equity, Unigestion
Martin Dreher, Private Equity Fund Investments, Mark McDonald, Principal and Director, Europe,
Fortis Investments Pomona Capital
Fay Sanders, Private Equity Journalist, The Financial Christophe Nicolas, Executive Director, Morgan Stanley AIP
Times Group Matthew Arkinstall, Investment Director, Greenpark Capital
15:00 Roundtable Discussions plus Afternoon Coffee And Networking
T. +44 (0) 20 7368 9465 F. +44 (0) 20 7368 9401 www.capitalcreationeurope.com capitalcreation@wbr.co.uk 5

6. Stream A: Stream B:
A Focus On Sectors Ensuring Transparency In Private Equity
16:05 Chairperson’s Opening Remarks 16:05 Chairperson’s Opening Remarks
16:15 An Energy Sector Study: Identifying Sectors Which Will 16:15 Panel: Stepping Up Scrutiny And Objectivity To Ensure
Generate The Maximum Returns Investments Generate Returns
• A continuously growing cleantech sector indicating significant returns for • Developing a framework of discipline and scrutiny to ensure greater due diligence
investors • Determining whether to invest in a fund by analysing how a private equity
• How further spending on global infrastructure across all markets will drive firm generates its returns
demand for private equity capital • Assessing the GP’s team to ensure fund performance is maintained in the
• Growth in the energy sector induced by increasing costs of oil and natural event of change
gas providing vital opportunities for private equity • Where and how do the ILPA principles fit in any new relationship?
Thomas Skovbjerg, Director, Climate Change Capital Jeremy Golding, Managing Partner, Golding Capital Partners
Pekka Santeri Mäki, Managing Director, 3TS Capital
16:45 A Healthcare Sector Study: Identifying The Sectors Which Charles Soulignac, Managing Partner, Fondinvest Partners
Will Generate The Maximum Returns
• Targeting the healthcare sector as a strategic priority as a result of signs of a 16:45 Is Greater Transparency Necessarily An Advantage For
faster recovery Ensuring Returns?
• A rise in healthcare “consumerism” attracting private equity • How transparent does private equity need to be before it becomes inefficient?
• A need for healthcare expertise across private equity firms to ensure wins in • Do GPs posses too much influence over their funds?
this space • Is regulation an unwanted result of calls for transparency?
• A fast-changing landscape and complexities across the industry facilitating • What has been the impact of the Walker Report?
greater private equity involvement
Christiaan de Lint, Partner, Headway Capital
Richard Green, Chairman, August Equity John Hess, CEO, Altius Associates
Denis Ribon, Global Head of Healthcare, 3i Daniel Dupont, Private Equity Expert
Jean-Marie Lavirotte, Managing Director,
Perfectis Private Equity
17:15 Panel: Assessing The Future Development Of Fund-of-Funds Carol Kennedy, Senior Partner, Pantheon Ventures
• How will Fund of Funds players close large funds in a difficult fundraising John Barber, Partner, Bridgepoint
environment?
John Gripton, Managing Partner, Capital Dynamics
• Differentiating and reinventing to ensure access to institutional investors
• Will we witness consolidation of the market? 17:55 Chairperson’s Closing Remarks, followed by Cocktail Reception
Main Conference Day Two - Friday 17th September 2010
08:30 Re-registration And Refreshments • Focusing on the growth equity market as a key strategy to ensure profitability in 2011
• Does a shrinking buyout market mean that now is the time to invest in growth funds?
08:55 Chairperson’s Welcome And Re-Cap of Day One
Antoine Garrigues, Managing Partner, Iris Capital
09:00 Panel: Is the AIFM Directive A Genuine Threat To Private Equity? Michael Wand, Head of Growth Capital, Carlyle Group
• Reduced choice lowering returns to EU investors Martin Dunnett, Managing Director, Warburg Pincus
• Requirements for reduced, concentrated portfolios elevating risk profiles
• Non-EU fund requirements inhibiting investment opportunities in emerging 10:50 Morning Coffee And Networking
markets
• Driving cost burdens through compliance and the need for independent 11:20 Panel: What Are The Alternative Financing Routes In A Lean
intermediaries Leveraging Environment?
Erik Kaas, Co-Head of Investment Solutions, Partners • High yield bonds and mezzanine financing as viable alternative sources to
leveraged loans?
Group
• When will debt financing return?
Hendrik NItschke, Managing Director, Swift Capital • An industry-wide necessity to minimise debt now in order to position ourselves
Partners strongly for when financing returns
Roberto Pilotto, Partner, PPM Managers Geoffrey Geiger, Portfolio Manager, Universities
Graeme Gunn, Partner, SL Capital Partners Superannuation Scheme *
Guy Semmens, Partner, Argos Soditic
09:40 What Will The Alternative Investment Fund Managers (AIFM)
Directive Mean In Practice For Private Equity? 12:00 Closing Discussion: A Review Of Lessons Learned
• How will the Directive work in practice? • Learning the lessons of the financial crisis to ensure growth and creation in a
• Enhanced disclosure requirements to: post-recession climate
- Create increased transparency • Installing discipline across the industry to ensure we do not forget the lessons of
- Restore a balance of power between GPs and LPs 2008-09
• Impact of the different EU Presidencies on the terms of the Directive • A trend towards growth equity in order to revive the industry?
Gus Black, Partner, Dechert LLP
12:30 Chairperson’s Closing Remarks
10:10 Securing Returns On Capital Through Growth Equity Close Of Conference
• Ensuring profitability through growth as opposed to leveraged buyouts
• How are growth equity funds distinguishing themselves to ensure returns for investors?
Already over 80 companies confirmed: contact us today to find out who’s attending 6

7. Why Attend Capital Creation 2010
8 Reasons Why You Must Reserve Your Place For Capital Creation 2010 Right Now:
Limited Partners: General Partners:
• Evaluate where the latest investment opportunities are • Meet with new LPs and catch up with your contacts to
for optimum portfolio management support your fundraising objectives
• Access new research and statistics on industry trends to • Uncover how LP strategies are changing in the current
help you manage your investments more effectively climate and what you can do to develop successful
relationships with your investors
• Locate new GPs to target untapped markets and
industry sectors • Secure LP specialist opinion on locating investment
opportunities
• Understand the latest developments to determine your
strategy for 2011 • Ensure unrivalled networking time with LPs to cultivate
relationships with your investors
Take a look at the companies already confirmed to attend
Attracting over 250 senior-level GPs and LPs, Capital Creation is your ideal platform to network with thought leaders, establish
new relationships and increase your overall awareness of key market trends.
Capital Creation 2010 offers you the opportunity to develop lasting relationships with the experts in private equity. Join the CIOs,
Investment Directors, and Heads of Private Equity from the following confirmed attending companies:
3i Investments plc Crédit Agricole Private Equity Iris Capital Perfectis Private Equity
3TS CAPITAL PARTNERS Ltd CW Downer & CO JP Morgan Cazenove & Co Ltd PineBridge Investments
747 Capital Dahlia Partners Langham Hall Pomona Capital
AAC Capital Partners Danske LGT Capital Partners PPM Managers
Activa Capital Directorbank Lloyds Banking Group Rho Fund Investors
Adams Street Partners Draper Fisher Jurvetson Growth Lyrique Sal Oppenheim
Advent International Fund Matrix Private Funds Group SJ Berwin LLP
Advent Venture Partners ECI Partners McFarlanes SL Capital Partners
Alliance Trust EQT Partners Montagu Swift Capital Partners
Allianz Ernst & Young SA Montagu Private Equity SWIP
Altius Associates F&C Investments Morgan Stanley AIP Swiss Re
Aon Mergers and Acquisitions FondInvest Partners Natixis Private Equity TCR Capital
Argos Soditic Global Private Equity NIBC Capital Partners (NIBC Bank TDR Capital LLP
Atlantic Bridge Golding Capital Partners N.V.) The Blackstone Group
Beaufort Capital GP Bullhound North Western Mutual The Carlyle Group
BNP Paribas Graphite Capital NRG The Riverside Company
Bridgepoint Capital Greenpark Capital O’Melveny & Myers LLP The Sentient Group
Campbell Lutyens Headway Capital Partners Palamon Capital Unigestion
Capital Dynamics Hogan Lovells International LLP Pantheon Vision Capital Group Ltd
CapMan Hollyport Capital LLP Parish Capital Warburg Pincus
Climate Change Capital ICG PLC Partners Group
Coller Capital IPES Paul Capital
If you would like further details on our current list of confirmed attendees,
why not contact Sarah Bavister on +44 (0) 20 7368 9465 or capitalcreation@wbr.co.uk
Celebrating 10 years of successfully bringing together the private equity community
Celebrate Our 10th Anniversary In Style
To celebrate Capital Creation’s 10th anniversary,
we will be hosting a special cocktail reception and dinner on
the evening of Thursday 16th September, so be sure to join us for a night of
informal networking and incredible cuisine.
7 T. +44 (0) 20 7368 9465 F. +44 (0) 20 7368 9401 www.capitalcreationeurope.com capitalcreation@wbr.co.uk

8. Meet The Speaker Faculty for 2010
Every year, the discussion at Capital Creation is driven by a thought-leading speaker faculty, dedicated to debating the
hottest topics in private equity. This year, our expert panel of speakers includes:
Peter McKellar, Denis Ribon, Mark Boyle,
Chief Investment Officer, Global Head of Healthcare, Director, Private Equity Funds,
SL Capital Partners 3i Northwestern Mutual
Hans van Swaay, Erin Harrell, Vince O’ Brien,
Partner, Managing Director, Investor Director,
Lyrique Relations, Montagu Private Equity
The Blackstone Group
Jesper Knuttson, Michael Wand, Jussi Saarinen,
Investment Manager, Head of Growth Capital, Investor Relations Director,
Danske Private Equity The Carlyle Group EQT Partners
Thomas Skovbjerg, William Gilmore, Neil Harper,
Director, Chief Investment Officer, Managing Director,
Climate Change Capital SWIP Morgan Stanley AIP
Rhonda Ryan Helen Steers André Aubert,
Head of Private Funds Head of Private Equity, Principal,
Group, PineBridge Investments Pantheon Ventures LGT Capital Partners
Hanspeter Bader Mark McDonald, Jeremy Golding,
Managing Director, Principal and European Director, Managing Partner,
Unigestion Pomona Capital Golding Capital Partners
Richard Green, Richard Nairn, Robert Barry
Chairman, Director, Private Equity Funds, Partner,
August Equity F&C Investments Proskauer
Carol Kennedy, John Barber, Erik Kaas,
Senior Partner, Partner, Co-Head of Investment Solutions,
Pantheon Ventures Bridgepoint Partners Group
Guy Semmens, Antoine Garrigues, Daniel Dupont,
Partner, Managing Partner, Private Equity Expert
Argos Soditic Iris Capital
Graeme Gunn, Pekka Santeri Mäki, Charles Soulignac,
Partner, Managing Director, Managing Partner,
SL Capital Partners 3TS Capital FondInvest Capital
Martin Dreher, Matthew Arkinstall, Christophe Nicolas,
Private Equity Fund Investments, Investment Director, Executive Director,
Fortis Investments Greenpark Capital Morgan Stanley AIP
Erwin Roex, Christiaan de Lint, Michael Hoffman,
Partner, Partner, Chairman,
Coller Capital Headway Capital Palamon Capital
Robin Painter, Hans Christian Dall Nygård, Andrey Dobrynin,
Partner, Head of Investment Operations, Managing Partner,
Proskauer CapMan New Russia Growth
The Venue – Le Méridien Beach Plaza
Our wonderful conference venue and hotel needs little introduction. Towering over the glorious
vista of the French Riviera, Le Meridien Beach Plaza’s magnificent own 3,000-square-meter
state-of-the-art conference centre makes it the perfect setting for this exceptional meeting.
Perched upon a rocky outcropping overlooking the blue-green waters of the Mediterranean,
Monte Carlo is the most remarkable jewel in a jewel-bedecked Riviera. The world-renowned
Monte Carlo Casino is a mere ten-minute walk from the hotel. Within five kilometres of Le
Méridien Beach Plaza is the Prince’s Palace, where the Royal Family of Monaco reside, the Old
Town, the Tropical Gardens, the Musée de la Poupée (Doll Museum) and the Japanese Garden.
8 Start the debate now by joining our Capital Creation Private Equity Forum on

9. Confirmed sponsors for Capital Creation 2010 Already Include:
Principal Sponsor
Proskauer is a leading international law firm with over 650 lawyers serving clients around the world. The firm has
experience in all areas of practice important to businesses and individuals including private equity, private investment
funds, corporate finance, mergers and acquisitions, general commercial litigation, corporate governance, internal
corporate investigations, white collar criminal defense, patent and intellectual property litigation and prosecution, labor
and employment, real estate transactions, bankruptcy and reorganizations, trusts and estates, and taxation.
Headquartered in New York since 1875, the firm has offices in Boca Raton, Boston, Chicago, Hong Kong, London, Los
Angeles, New Orleans, Newark, Paris, São Paulo and
Washington, D.C.
About Dow
www.proskauer.com Jones Private Markets
Dow Jones Private Markets (www.fis.dowjones.com)
is part of Financial Information Services, a division
Sponsors: Dow Jones Private Markets (www.fis.dowjones.com) is part of Financial Information Services, a division of Dow Jones
of Dow Jones & Co., a News Corporation company.
& Co., a NewsJones Private Markets offers Private Markets offers integrated content solutions for the deal-
Dow Corporation company. Dow Jones integrated content
sourcing, due diligence and compliance needs of today’s venture capital and private equity investors, fund managers,
solutions for the deal-sourcing, due diligence and
advisors, and portfolio companies. Core products include the industry-specific deal databases Private Equity Source and
Dow Jones Private Markets compliance needs of today’s venture capital and
VentureSource, as well as the highly-respected publications Private Equity Analyst, VentureWire and LBO Wire.
private equity investors, fund managers, advisors,
and portfolio companies. Core products include
the industry-specific deal databases Private Equity
Global Private Equity is a placement and advisory firm dedicated to raising capital worldwide for carefully selected private
Source, LP Source and VentureSource, as well as the
equity and infrastructure funds. Headquartered in Paris, Global Private Equity was founded in 2000 as a spin-off from the
highly-respected publications Private Equity Analyst,
fund placement team at a major European bank. We are an independent firm owned by its partners.
VentureWire and LBO Wire.
Over time we have developed privileged relationships with a broad base of prominent investors worldwide who focus on
private equity investing. Our reputation is based upon the quality of our service, the strength of our relationships with the
investors’ community and the quality of the management teams we partner with.
About Dow Jones
NRG is a leading independent alternative investment manager with a focus on Russia & CIS:
Dow Jones & Company (www.dowjones.com) is a
- The private equity fund Volga River One focuses on providing growth capital to mid-market companies and has made
News Corporation company (NYSE: NWS, NWS.A;
six portfolio investments to date (telecoms, retail, food production).
ASX: NWS, NWSLV; www.newscorp.com). Dow
Size - $177m, firsta leading provider of global business news
Jones is closing - 2006; number of LPs – 20.
and information services. Its Consumer Media
- The mezzanine focused fund, Volga River Growth L.P focuses on providing secured loans with equity kickers to mid-
.
market Group publishes The Wall first closing – 2Q2010 with EBRD as a cornerstone investor with $50m commitment.
companies. Target size - $250m, Street Journal, Barron’s,
MarketWatch and the Far Eastern Economic Review.
Its Enterprise Media Group includes Dow Jones
PERFECTIS Private Equity (“Perfectis”) was formed in 2000, byClient
Newswires, Dow Jones Factiva, Dow Jones co-founders Gabriel Fossorier and Jean Marie Lavirotte,
who had already worked together in private equity for 10 years.
Solutions, Dow Jones Indexes and Dow Jones
To dateFinancial Information Services. investmentsMedia
Perfectis has completed more than 30 Its Local in the small cap buy-out market, half of which has been fully
Group operates community-based information
realised, generating an average return of 2x.
One of franchises. Dow Jones owns 50% ofmostly from growth and operational improvement, using minimal
Perfectis’ characteristics is to realize returns SmartMoney
leverage. Perfectis’of STOXXoperational support on its portfolio, combined with sector and numerical diversification,
and 33% increasing Ltd. and provides news content
to radio stations in the U.S.
allows ensuring returns in any economic environment.
The most recent fund, Perfectis II, held a first and final close at e122m in November 2005. To date, 16 investments have
been completed. The investment period will end in November 2010.
The third fund to be advised by Perfectis is Perfectis III (“The Fund”), with an objective of e100m (e120m hard cap).
Perfectis III is intended to Corporation
About News continue the investment strategy of Perfectis I and Perfectis II but with much closer links with
French Entrepreneurs as investor, co investor or non executive director (“the Perfectis Entrepreneur network”).
News Corporation (NASDAQ: NWS, NWSA;
ASX: NWS, NWSLV) had total assets as of June
Dechert LLP’s international investment management practice hastotal
30, 2009 of approximately US$53 billion and in-depth expertise across virtually all asset classes,
investment vehicles and fund of approximately US$30 billion.
annual revenues structures. Dechert advises major financial institutions, asset managers and major investors
worldwide on a Corporation isincluding fund structuring,media
News full range of work a diversified global transactional and regulatory matters. The practice has been
recognized by leading publications as one of the top investment management practices in the U.S., Europe, and Asia.
company with operations in eight industry segments:
Private filmed entertainment; television; cable network of the “most active law firms” based on the number of
Equity Analyst has consistently recognized Dechert as one
private programming; direct funds structured and closed. Dechert is also ranked among the top 10 legal advisers
equity and venture capital broadcast satellite television;
for private equity firms by Preqin. newspapers and information
magazines and inserts;
Policymakers and major industry associationsother. The activities help shape the regulatory debate in the
services; book publishing; and also call upon Dechert to
of News Corporation are conducted principally in
asset management and financial services sector, giving the firm uncommon insight into many of the most important
the United States, Continental Europe, the United
developments affecting the industry.
Kingdom, Australia, Asia and Latin America.
Media Partners for 2010 include:
DJ_MediaKit2010.indd 2 8/25/09 9:27 AM
EUREKA PRIVATE EQUITY
unquote.com
T. +44 (0) 20 7368 9465 F. +44 (0) 20 7368 9401 www.capitalcreationeurope.com capitalcreation@wbr.co.uk 9

10. 15th – 17th September 2010
Le Meridien Beach Plaza, Monte Carlo
www.capitalcreationeurope.com
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