equity Search - Powered by PodTech.net

The Deal Keynote: Kenneth D. Moelis

Jason Lopez — Fri, 16 May 2008 21:35:51 +0000

Kenneth Moelis has a unique talent for translating his 25-year career on Wall Street into the kind of information that financial specialists from the Street and beyond need the most. In this keynote podcast, Moelis puts the current Wall Street climate in clear perspective, from explaining how he sees the terrain post-Bear Stearns to the unrivaled value of experience.

Moelis is the chief executive officer of Moelis & Company and formerly the president of UBS Investment Bank, among other things. In addition to his keynote at The Deal’s Private Equity Symposium, he spoke with Jason Lopez for this podcast.

The Deal’s Private Capital Symposium brought together private equity professionals, angel investors, buyout and venture investors, corporate acquisition professionals, M&A advisors and professional services providers. The event took place in New York’s Essex House, on May 14, 2008.

Tags: The Deal, Private Capital Symposium

The Deal - Gary W. Parr on Sovereign Wealth Funds

Jason Lopez — Fri, 16 May 2008 03:01:45 +0000

“None of us smart enough to call the bottom in financials or any other industry,” says Gary W. Parr, vice chairman at independent investment bank Lazard. Noting the value to investors of structuring deals for a few years of protection before converting to common, Parr says he’s seen funds change their practices to keep up with the times.

“It tells you something about the sophistication of the funds changing very quickly - in a matter of months, from buying common to buying structured securities — and secondly it tells you something about time horizon — they don’t have to worry about performance quarter to quarter.”

Parr was on-hand to give a keynote talk entitled, “The rise of sovereign wealth funds,” and Parr took time for this podcast to speak with Jason Lopez about foreign investment in the U.S. and around the globe. (Parr points out that the largest investments by sovereign wealth funds are being made in Europe, not the U.S., although the sovereigns are, for some, cause for concern.)

Tags: Gary W. Parr, The Deal, Private Capital Symposium

The Deal - Opportunities in a Sluggish Market

Jason Lopez — Fri, 16 May 2008 00:00:59 +0000

When times get tough, investors need to answer a few key questions: which industries are most attractive for investment? What deal structures are investors choosing? Where are sellers’ expectations?

In this podcast, although there was some consensus around the prediction that deal flow in the U.S. will drop below the impressive levels it has achieved in recent years, the expert voices of a panel discussion tackling “Opportunities and priorities in a sluggish economy” hold true to their panel title, expressing optimism at the opportunities that present in a down market.

From manufacturing to distribution and even food processing, all kinds of industries are facing tough decisions about how to continue in the current economic climate. That means opportunities for investors, and that’s just in the U.S. Abroad, particularly in Asia, there’s still a healthier climate for deals. About deals in Asia, Peter Berger, managing director at SAC Private Capital, says, “That’s where the dealflow is”

So, what’s going to happen? If we’re in the “eye of the storm,” as CCMP Capital Managing Director Jonathan Lynch says, then “it’s going to get worse.” But with an “inexhaustible supply of bad management,” even the so-called good times keep turnaround investors like Raquel Palmer at KPS Capital Partners busy. These days, with more shakeouts, they’re even busier than usual.

In addition to Berger, Lynch and Palmer, panelists included Steven Besen, partner at Shearman & Sterling; Timothy O’Hara, managing director and head of global credit business at Credit Suisse; and Hamilton “Tony” James, president and chief operating officer with The Blackstone Group.

Tags: Peter Berger, Jonathan Lynch, Raquel Palmer, Steven Besen, Timothy O’Hara, Hamilton “Tony” James, The Deal, Private Capital Symposium

The Deal - Deals in the Middle Market

Jason Lopez — Thu, 15 May 2008 23:15:13 +0000

Whether you call it a credit crunch or a credit squeeze, there’s evidence to be found that the chilled climate for deals has spread from the realm of the mega-deal into the middle market. To discuss the new economic realities in deal-making, The Deal convened a panel, “Deals in the Middle Market: How do they differ in this climate?” at the recent Private Capital Symposium, held in New York City.

For this podcast, panelists Steven Rattner, managing director, DLJ Merchant Banking Partners, and James Epstein, partner, Pepper Hamilton, spoke with PodTech’s Jason Lopez.

Tags: middle market, The Deal, Steven Rattner, James Epstein, Jason Lopez, The Deal, Private Capital Symposium

The Deal: Private Capital Symposium 2008

Jason Lopez — Fri, 25 Apr 2008 01:00:37 +0000

The private capital markets are in an intriguing position. The economy is sluggish after last year’s sub-prime mess and major buyout firms have not seen a lot of action. That was expected. But the middle markets have only dropped off slightly. In this podcast John Morris, assistant managing editor at The Deal, speaks with PodTech’s Jason Lopez about what makes the middle markets different.

These and other issues are the subject of the upcoming Private Capital Symposium 2008, hosted by The Deal (May 14 in New York City). The one-day conference will cover issues such as where opportunities exist in a struggling economy, how financing has changed, why the middle markets are okay, and what is happening with sovereign wealth funds. Keynote speakers include Tony James of The Blackstone Group and legendary investment-banker Ken Moelis.

Tags: Buyout, John Morris, equity, Ken Moelis, private capital, the deal, Tony James

Healthcare Dealmaking Symposium: Private Equity

Jason Lopez — Fri, 21 Mar 2008 05:30:21 +0000

From the panel, Private Equity and the Healthcare M&A Market: What’s on the Radar? comes this podcast featuring the panelists Benjamin Edmands, managing director, CCMP Capital; Jonathan Korngold, managing director, global head of healthcare, General Atlantic; Todd Richter, managing director, global healthcare group, head of financial sponsor coverage & transaction development, Bank of America; and Nathaniel Zilkha, principal, Kohlberg Kravis Roberts. The panel is part of the The Deal’s Healthcare Dealmaking Symposium.

Tags: Private Equity, Healthcare M&A, Benjamin Edmands, CCMP Capital, Jonathan Korngold, General Atlantic, Todd Richter, Bank of America, Nathaniel Zilkha, Kohlberg Kravis Roberts, The Deal, Healthcare Dealmaking Symposium

Healthcare Dealmaking Symposium: Technology

Jason Lopez — Fri, 21 Mar 2008 04:30:40 +0000

Charles Ditkoff is managing director and co-head of the global healthcare services group with Banc of America Securities. In this podcast, from the Healthcare Dealmaking Symposium hosted by The Deal in New York City, Ditkoff speaks with PodTech’s Jason Lopez about the state of I.T. in the medical industry. Ditkoff participated in the symposium’s panel discussion, “Market Spotlight: Healthcare Technology–Deals on the Rise?”

Health care technology continues to attract capital, raking in the majority of dollars invested in health care mergers and acquisitions. With billion-dollar deals on the decline, there is equal opportunity for strategics and private equity in the health care technology segment.

Tags: Charles Ditkoff, Healthcare Dealmaking Symposium, The Deal, Jason Lopez, Health care, private equity, health care technology

Consumer-Directed Healthcare: Transforming the M&A Market

Paul Lancour — Thu, 20 Mar 2008 12:00:54 +0000

Join BearingPoint Senior Manager Kirsten Trusko in this podcast to explore consumer-directed health care and how it is affecting the mergers and acquisitions market. A rush of M&A activity is under way at the convergence of the banking, insurance and health industries. Companies in all three areas, as well as private equity and venture capital firms, are looking to capitalize on the market dynamics emerging with the growth of consumer-directed health care and the emerging vertical market of “health banking.”

While the complexities of cross-industry M&A are even greater than those for intra-industry transactions, the similarities between the industries contribute to a compelling business case. The key is a deep understanding of market direction and growth, a well-planned approach to the transaction and, equally important, clear confidence as to what happens post-transaction, both inside the company and in the marketplace.

The convergence of banking, insurance and health is driving great opportunity to leverage strengths, capabilities and channels across market sectors to the benefit of consumers, companies and investors. But the risk of disappointing outcomes is especially high in inter-industry efforts without essential knowledge and planning. To improve the chances of a positive outcome, look well beyond the deep financial analysis applied to traditional intra-industry efforts. Finally, design and articulate a post-transaction operating model that can position you to take advantage of this dramatic U.S. economic shift.

Tags: BearingPoint, Kirsten Trusko, consumer-directed, mergers and acquisitions, M&A, private equity, venture capital, health banking, CDH

The Deal: Healthcare Dealmaking with Steve Elek

Jason Lopez — Sat, 15 Mar 2008 00:54:58 +0000

Deals in healthcare M&A have soared over the past two years, continuing to attract capital and drive activity in the sector. Industry insiders are monitoring the current pace of healthcare M&A deals and developing an outlook for 2008. On Wednesday, The Deal hosts a one-day symposium with attendees such as strategic acquirers, private equity and other alternative investors. The aim is to acquire the foremost dealmakers’ outlook on mergers and acquisitions taking place in the healthcare industry, top deals and the transactions impacting healthcare M&A. In this podcast PodTech’s Jason Lopez speaks with Steve Elek, of PriceWaterhouseCoopers, who will moderate the symposium’s opening panel.

Tags: Healthcare, M&A, the deal, PriceWaterhouseCoopers, Steve Elek

M&A Outlook 2008: Global Money Out, Global Money In

Jason Lopez — Thu, 08 Nov 2007 19:13:02 +0000

Cross border investments have helped keep deal flow robust through 2007, despite the credit crisis. Private equity investors are looking for good deals across the board and companies are beginning to find smaller firms in other parts of the world that complement their product offerings. In this podcast, PodTech’s Jason Lopez spoke with experts — IBM’s John Noone, PriceWaterhouseCoopers’ Gregory Peterson, and John Burnett, EVP and research director at Wall Street Access — at The Deal’s “M&A Outlook 2008″ for insight.

Tags: John Noone, Gregory Peterson, John Burnett

Commercial Lending: Preparing for New Waves of Credit Issues

editor — Tue, 09 Oct 2007 01:01:53 +0000

An Accelerated Lending Pipeline Solution for Commercial Lenders in Crisis

Join BearingPoint senior business development manager Scott Williams as he talks about the state of the commercial lending market place and the current credit crisis as it relates to residential mortgages. We learn how the impact of the credit crisis is effecting all lending, including other consumer products like autos and home equity lines of credit, etc. Commercial lenders are preparing for a wave of issues around credit quality in the commercial landscape. Now more then ever, the decision to extend lines of credit requires evaluating the credit worthiness and having the right information to make the right decisions. It’s imperative that one can see the picture of all the different entities involved in the lending chain. BearingPoint’s Accelerated Lending Pipeline Solution, or ALPS, embodies BearingPoint’s established experience in the commercial lending marketplace. Every organization has its own credit policies, but almost 90 percent of those processes are the same. The ALPS open software solution focuses on that common process to facilitate workflow and risk assessment all the way through loan approval.

Tags: BearingPoint, Scott Williams

Sabena Puri of Junnoon, Part 1

Kamla Bhatt — Sat, 29 Sep 2007 01:08:42 +0000

Sabena Puri is the founder and owner of Junnoon, a Palo Alto-based restaurant and is located in the same building as Facebook.

In Part 1 Sabena talks about how she extended her IT product management skills into running the restaurant, including giving equity to the team at Junnoon. Prior to founding [tag]Junnoon Sabena]Tag\ worked in various IT companies including Palm and Verizon Wireless.

Sabena’s father Deepak Puri founded Moser Baer, which is the world’s second largest optical media manufacturer. She is married to Neeraj Baradwaj of Apax Partners, a private equity firm.

Sabena splits her time between India and the US.

Photo: Maneesh Rawat, General Manager; Kirti Pant, Executive Chef and Sabena Puri, CEO of Junnoon.

Tags: Sabena Puri, Junnoon, Facebook, Deepak Puri, Moser Baer

THE DEAL’S Convergence 2.0 Conference Draws Telecom, Technology and Media Luminaries

Jennifer Jones — Thu, 16 Aug 2007 17:11:16 +0000

Convergence 2.0, The Deal’s September 17, 2007 conference being held in New York City is looking like a sell-out event. Richard Morgan, Assistant Managing Editor of The Deal, talks with PodTech’s Jennifer Jones about the gathering of private equity, venture capital and corporate executives who will hear about the opportunities in the telecom, tech and media sectors. Keynotes by Edgar Bronfman, Jr., Chairman and CEO of the Warner Music Group and Michael Fricklas, EVP and General Counsel of Viacom will undoubtedly spark enthusiastic discussion and audience participation.

Tags: Convergence, Richard Morgan, The Deal, Edgar Bronfman

Gopal Srinivasan on Tamil Nadu and Indian Economy

Kamla Bhatt — Thu, 26 Jul 2007 14:06:48 +0000

In the second part of our conversation Gopal Srinivasan of TVS Group of companies talks about the growth of the economy of Tamil Nadu and the inclusive approach required to help India grow.

Gopal systematically outlines the various plans and programs that are in place in Tamil Nadu to help grow the state’s economy. He also outlines why companies and people might consider establishing their business or relocating to Tamil Nadu.

Gopal is currently the chairman of the Tamil Nadu State Council of Confederation of Indian Industry (CII). He was previously the President of Manufacturers’ Association for Information Technology (MAIT).

Gopal also sits on the board of ICICI Ventures, India’s largest private equity firm.

Gopal is Director of TVS Electronics Limited, Joint Managing Director of Sundaram-Clayton Limited & TVS Motor Limited and also Director in various TVS Group companies.

In the first part of our conversation Gopal spoke about the growth of TVS group of companies, which was founded almost 100 years ago.

Tags: Gopal Srinivasan, TVS Group, Tamil Nadu, ICICI Ventures

Gopal Srinivasan of TVS Group on Entrepreneurship

Kamla Bhatt — Wed, 25 Jul 2007 18:59:38 +0000

Gopal Srinivasan belongs to Chennai-based TVS family, which runs the TVS groups of companies. TVS has led to the growth of Chennai as the automotive capital of India, and today Chennai is known as Detroit of India.

I caught up with Gopal in Manhattan, to find out about the unbroken culture of entrepreneurship that has continued for almost 100 years within his extended family.

How did they get there? How did the company and the TVS family handle the changes that India underwent during this 100-year span? India went from being a British colony to an independent nation. Later, from 1950-1980s, India went through a long phase of socialist colored economic policies and doing business was often a challenge for many family-owned companies. During the early 1990s the Indian government introduced liberalization reforms and the upshot is the current economic growth of the country.

During this 100-year span how did TVS change the focus of their family-owned business to emerge as a multi-billion dollar company today? How do the family-owned companies continue to adapt to the changing economic and political landscape of India?

In this interview, Gopal talks about his grandfather’s vision, which led to the foundation of TVS in the early 20th century. How did his grandfather, a lawyer by training, become an entrepreneur? How did he create strong values of trust and reliability that continue to persist, 100 years after the company was founded?

TVS is headquartered in Chennai and Gopal is director of TVS Electronics Limited. He is also the joint mnaging director of Sundaram-Clayton Limited and is on the board of other TVS group companies.

TVS Electronics is the only group from Asia, outside of Japan that has won the Deming Award for Quality more than once. TVS Electronics, founded in 1986, started as an IT peripherals manufacturer and has today transformed itself into an IT Transaction Solution provider and Business Process Outsourcing partner. TVS-E offers a wide range of computer peripherals to suit all peripheral related needs.

Gopal also sits on the board of ICICI Ventures, India’s largest private equity firm.

Gopal is currently the Chairman of the Tamil Nadu State Council of Confederation of Indian Industry (CII). He was previously the president of Manufacturers’ Association for Information Technology (MAIT).

In 2004 was named the “Electronics Man of the Year - 2004″ by “Electronics for You.”

Gopal has an undergraduate degree from Loyola College in Chennai and an MBA degree from University of Michigan, Ann Arbor.

When not traveling around the world, Gopal lives in Chennai with his family.

Tags: Gopal Srinivasan, TVS

Video’s Importance in Marketing

Jennifer Jones — Mon, 28 May 2007 05:06:52 +0000

Darren Aftahi, vice president of Equity Research at ThinkEquity Partners, believes video’s use today is just in its infancy, and that the impact for marketers is unlimited. He says the Internet will become the broadcast market of choice, and text search will turn into video search. If he’s right, and video is more viral than audio, then marketers will need to understand its power.

Tags: Darren Aftahi, Equity Research, ThinkEquity

The Search for Renewable Energy Sources: Who Gets Hurt?

Margot Gerritsen — Thu, 24 May 2007 21:16:58 +0000

World corn prices have risen considerably in recent years because of corn ethanol production. If you are poor and rely on cheap corn as your staple food, such price increases are bad news. This is just one example of how energy decisions made in the U.S. or Europe can have unintended consequences for the rest of the world. Dr. Roz Naylor, a well-known agricultural economist, researches the environmental and equity dimensions of intensive food and energy feedstock production. She speaks with Margot Gerritsen about making more globally-aware decisions.

Tags: corn ethanol, Roz Naylor, Margot Gerritsen

Luis Miranda of IDFC on Investement in India’s Infrastructure

Kamla Bhatt — Wed, 09 May 2007 22:03:04 +0000

“Infrastructure, infrastructure, infrastructure.” That’s the new mantra in India. Everybody is talking about infrastructure because it is a key bottleneck holding up the rapid development of the Indian economy point out investors, entrepreneurs and the people of India.

Luis Miranda, CEO and president of IDFC Private Equity, one of the largest and most active funds dedicated to improving the infrastructure in India. Miranda knows all about the challenges of creating a good infrastructure network in India.

I caught up with him at a TiE Conference in New York. Tune in to find out what Miranda has to say about their current projects, and that inevitable comparison to China, especially in the infrastructure arena. IDFC is currently invested in 18 projects that are mostly in the infrastructure space.

Tags: Luis Miranda, IDFC Private Equity, TiE

In Conversation With Asawari Desai, Director of TiE Global

Kiruba Shankar — Thu, 03 May 2007 00:45:50 +0000

Asawari Desai is a director with TiE Global, overseeing the performance of all the 42 offices. At TiE she is responsible for defining organizational strategy and vision, branding, identifying and addressing issues concerning the organization and individual offices and evaluating opportunities to open new offices.

Prior to TiE she worked as a fund manager with JF Electra, a leading private equity fund in Mumbai. She has more than 10 years of experience in financial services of which more than six years in private equity investing, fund management and fund raising and more than four years in financial advisory services.

Tags: Asawari Desai, TiE Global

Seema Chaturvedi on Investment and Merger and Acquisition

Kamla Bhatt — Tue, 01 May 2007 23:23:45 +0000

Seema Chaturvedi is managing director of Accelerator Group, located in Michigan. Last week, Seema was in New York for a private equity conference that her group organized and I caught up with her to find out about opportunities for investments in India. What was more interesting to find out was the merger and acquisition opportunities in Michigan for Indian companies — especially in the automotive sector. India has one of the fastest growing automobile markets in the world today, and quite a few Indian companies are looking to acquire automotive component companies outside of India, especially in the Detroit.

Accelerator Group is a boutique firm that is focused on raising capital as well as providing business intelligence and analysis. The firm’s industry current practice areas include manufacturing (special focus - automotive), IT & ITES, healthcare & pharmaceuticals and textiles.

Seema is also on the of Board of Trustees of TiE Global.

Tags: Seema Chaturvedi, Accelerator Group, TiE

Salesforce Foundation’s Suzanne DiBianca on New Models of Corporate Philanthropy

John Ince — Mon, 30 Apr 2007 18:16:37 +0000

Suzanne DiBianca is the executive director of the Salesforce Foundation. Here, she talks about how she and Salesforce.com Founder Marc Benioff worked together to create a new model of “integrated philanthropy.” Their so-called “one-one-one model” seeks to leverage each of the three core components of the company — employee time, shareholder equity and company product — for the good of the broader community. Thus one percent of the Salesforce.com’s equity is owned by the Foundation and helps fund its philanthropic efforts. This is part 1 of a 2-part podcast.

Tags: Suzanne DiBianca, Salesforce Foundation, Salesforce.com, Marc Benioff, integrated philanthropy

Weekly Indian Tech News Round-Up

Kamla Bhatt — Sun, 22 Apr 2007 00:07:28 +0000

Topping this week’s round-up is the investments received by Telisma and Komli.

Silicon Valley-based Telisma received $50 million in funding. The investors include NewPath Ventures, New Enterprise Associates, CMEA Ventures, JAFCO Asia and other strategic investors.

Komli received its first round of funding from DFJ and Helion Ventures. However, Komli did not disclose how much money they received from investors. The company is in that hot new space of advertising where they provide services for advertisers and publishers around the globe.

Besides private equity deals in IT and technology companies, the real estate and hospitality sectors appear to be on investors’ radar. QVC Realty received $100 million from L&FS Investment Managers.

Lehman Brothers might be interested in investing in a hospitality project by Kishore Biyani of the Future Group.

Citigroup plans to invests about $400 million in Indian real estate and hospitality sector reports the Financial Express.

Motorola launched its first MOTOstore, selling branded motorola phones in India, earlier this week. Last week, Intex, an IT and harware company, launched three new handsets in India that come pre-loaded with Disney content.

M&A Quattro Solutions has acquired a majority stake in Scope eKnowledge, a Knowledge Process Outsourcing company.

Laksmi Narayanan, head of Cognizant Technologies, is the new chairman of the National Association of Software and Service Companies.

Dr. Ganesh M. Kishore was appointed as the managing director of Burrill and Company, which is planning to set up an India-specific Life Sciences Fund.

And finally, Yahoo’s co-founder David Filo will be in India next week, and we will tell you why in next week’s round-up!

Tags: Telisma, Komli, Intex, Laksmi Narayanan, David Filo

Interview with Deap Ubhi, Cofounder of Burrp.com, a lifestyle social site

Kiruba Shankar — Wed, 11 Apr 2007 23:27:33 +0000

Burrp! is a lifestyle social site that allows users to submit and review lifestyle-related listings like restaurants, bars and nightlife.

Deap Ubhi co-founded this site along with his friend Anand Jain. Deap is a mergers & acquisitons man with private equity experience. He most recently was a senior associate at Alpine Investors in San Francisco before the entreprenurial bug bit him and brought him over to Mumbai.

In this interview, he talks about the idea behind the site’s existence, how it is transforming from a restaurant guide to a lifestyle social listing site, their revenue models and the justification for a funding request of $6 million.

Tags: Burrp!, Deap Ubhi, Anand Jain

India Tech News Round-Up

Kamla Bhatt — Sat, 31 Mar 2007 01:37:22 +0000

Dominating this week’s round-up are investment and merger and acquisition news.

Topping the investment this week is SKS Microfinance that received $11.5 million in investments. The investment round was led by Sequoia Capital. Other investors include Unitus Equity Fund, Vinod Khosla, Ravi Reddy, Odyssey Capital, SIDBI.

Mumbai-based Games2win received $5 million from Clearstone Ventures and Silicon Valley Bank Financial Group according to Red Herring.

U.S. company Mayfield Ventures is acquiring a minority stake in Avendus Advisors for $15 million.

Indian media is turning out to be the latest sector to receive investments. Recently India TV, a HIndi TV channel received $15 million in Foreign Direct Investment from FUSE+Media reports Agencyfaqs. Fuse+Media is an arm of Comventures, a venture capital company.

ChryCapital is acquiring a minority stake in Hathaway Cable, according to media reports.

Citigroup Venture Capital Group has acquired a 20 percent stake in Anand Rathi Securities, an Indian financial company, according to a report in Market Watch.

Tags: SKS Microfinance, Games2win, Avendus, Agencyfaqs, Comventures

Juniper Networks Master of IT, Bill Morgan: Philadelphia Stock Exchange

Paul Lancour — Thu, 29 Mar 2007 19:20:18 +0000

William H. Morgan is executive vice president and chief information officer with the Philadelphia Stock Exchange. As such, he knows how latency and down time are unacceptable for a business network. In this podcast, he talks about the rollout of the Exchange’s cash equity network.

Tags: William H. Morgan