superreturn latam 2012: mid-market private equity in latam

8

Click here to load reader

Upload: equilibrio-capital-brasil

Post on 10-May-2015

165 views

Category:

Documents


4 download

TRANSCRIPT

Page 1: SuperReturn LatAm 2012: Mid-market private equity in LatAm

LatAm mid-market private equity and venture capital

© 2012 Equilibrio Capital | Brasil 1 www.equilibriocapital.com

Mid-market private equity and venture capital in Latin America: Opportunities, competitive effects, and deal sourcing practices

Super Return Latin America 2012 conference 14 March 2012 Moderator: Malcolm McLelland Director – Research and Analytics Equilibrio Capital | Brasil

Page 2: SuperReturn LatAm 2012: Mid-market private equity in LatAm

LatAm mid-market private equity and venture capital

© 2012 Equilibrio Capital | Brasil 2 www.equilibriocapital.com

General topics of panel discussion

Private equity and venture capital in Latin America:

1. Are the best investment opportunities in the mid-market?

2. How is increased competition for mid-market investments impacting expected returns?

3. How are innovative firms best sourcing mid-market deals?

(Audience: Please write related specific questions you are interested in now.)

Page 3: SuperReturn LatAm 2012: Mid-market private equity in LatAm

LatAm mid-market private equity and venture capital

© 2012 Equilibrio Capital | Brasil 3 www.equilibriocapital.com

Panelists

Alexandre Saigh ................................. Managing Partner & Head of Private Equity

Pátria Investimentos São Paulo, Brazil

Erik Peterson ...................................... Regional Managing Partner

Aureos Latin America San Jose, Costa Rica

Jose Fernandez .................................. Partner

Stepstone Group New York and San Diego, United States

Page 4: SuperReturn LatAm 2012: Mid-market private equity in LatAm

LatAm mid-market private equity and venture capital

© 2012 Equilibrio Capital | Brasil 4 www.equilibriocapital.com

Brazilian mid-market investment opportunities (circa 2012.Q1)

Q: Given continued strong economic growth and strong demand for capital in the mid-market, why are there not more viable deals being sourced and closed (in Brazil, for example)?

Page 5: SuperReturn LatAm 2012: Mid-market private equity in LatAm

LatAm mid-market private equity and venture capital

© 2012 Equilibrio Capital | Brasil 5 www.equilibriocapital.com

Effects of increased mid-market investment competition

Q: How are innovative PE and VC firms mitigating competition-lowered expected returns, and how can investment fund managers evaluate such firms’ performance?

Page 6: SuperReturn LatAm 2012: Mid-market private equity in LatAm

LatAm mid-market private equity and venture capital

© 2012 Equilibrio Capital | Brasil 6 www.equilibriocapital.com

Effects of superior valuation information on the ability to source-negotiate-close deals

Q: How are innovative PE and VC firms obtaining better valuation information on sourced deals, and how can investment fund managers identify such firms?

Page 7: SuperReturn LatAm 2012: Mid-market private equity in LatAm

LatAm mid-market private equity and venture capital

© 2012 Equilibrio Capital | Brasil 7 www.equilibriocapital.com

Question and answers.

Page 8: SuperReturn LatAm 2012: Mid-market private equity in LatAm

LatAm mid-market private equity and venture capital

© 2012 Equilibrio Capital | Brasil 8 www.equilibriocapital.com

EquilÍbrio Capital | Brasil

Equilíbrio Capital provides research-based transaction advisory services to qualified sellers and accredited buyers of mid-market firm assets, debt, and equity: