Welcome Cocktail Reception
Sponsored by Coller Capital Ltd.

Breakfast Buffet
Sponsored by Avrio Ventures Management

8:00 am 



Speech available

Session 1 – The Outlook for the Industry: Facing Head Winds

The panelists will present the most recent data on the venture capital and private equity industry: performance, fund raising, and investment. They will touch upon structural and cyclical issues which are affecting the industry in Canada and globally. The panelists will discuss industry responses now being developed to the difficult economic environment and point to the opportunities that continue to exit.

Moderator: Grant Kook, President & CEO, Westcap Management

Panelists:
Gilles Duruflé, Independent Consultant 
Sacha Ghai, Partner, McKinsey & Company

Moderator: Stephen Hurwitz, Partner, Choate Hall & Stewart LLP

Panelists:
Leo de Bever, Chief Executive Officer, Alberta Investment Management Corp.
Michael Nobrega, President and CEO, OMERS
Clinton P. Harris, Founder and Managing Partner, Grove Street Advisors LLC

Session 3 – Giving Back – Canary Foundation

A 25-year veteran of the technology industry – Don Listwin was CEO of Sana Security, Openwave and had been Executive Vice President at Cisco Systems. In 2004 Listwin walked away from his high profile technology career and launched Canary Foundation in order to dramatically accelerate early cancer detection research activities. http://www.canaryfoundation.org

Session 4 – State of the Union – what the future holds for PE from a global perspective

Given the phenomenal growth in PE in the last decade, have we reached the end of the road for PE investing or will the PE asset class withstand the current storm and come out of it even stronger? Hear three of the most influential and well respected PE fund managers address the role of their firm in relation to the current global financial situation and what the future holds for the PE market in general. Moderated by one of Canada 's most respected PE investors, Mark Wiseman Senior Vice President of Investments at CPP, this panel brings together a world class perspective with unique Canadian ties.

Moderator: Mark Jenkins, Vice-President and Head of Private Debt, Canada Pension Plan Investment Board

Panelists:
Michael Phillips, Managing Partner, Apax Partners Beteiligungsberatung GmbH
Seth M. Mersky, Managing Director, ONEX Corporation
Anthony J. (Tony), DiNovi, Co-President, Thomas H. Lee Partners, L.P.

12:30 pm

Lunch
Sponsored by Deloitte

Venture capital firms are facing unique challenges as they confront the global economic downturn. While leading global VC firms such as Accel and NEA have managed to raise billions of dollars of fresh capital over the past 6 months, the fundraising environment for many VC firms and their portfolio companies is challenging. A panel of global VC players discusses what the economic downturn means for venture capital investing, how they are adapting, where they see opportunities, and why VC firms that invest across geographies have a competitive advantage. Could 2009 be an exceptional vintage year for venture?

Moderator: Robert Antoniades, Managing Director, RBC Venture Partners

Panelists:
Yoram Oron, Founder and Managing Partner, Vertex Venture Capital
Kee Lock Chua, Group President & CEO, Vertex Venture Holdings Ltd. 
Willian K. (Bill) Bryant, Venture Partner, Draper Fisher Jurvetson
Jennifer Brooy , Vice President and Head of Equity, Export Development Canada

Concurrent Session 5B – PE – Current update on Debt Markets.

Come hear from the leading financial institutions that actively provide senior and junior debt to the Private Equity community in support of new acquisitions and portfolio company re-financings. Very timely market cases will be discussed to flush out current pricing, leverage, terms and conditions available in today's highly volatile business environment.

Panelists:
W. J. (Bill) Addington, Executive Vice President, Canadian Western Bank
Blair Cowan, Senior Director and Group Head Leveraged Finance, CIBC Commercial Banking
Richard Kinlough, Managing Director and Group Head, CIT Corporate Finance, Canada
Dan Howat, Senior Vice President, JPMorgan Chase & Co.
Vipon Ghai, Managing Director, Private Equity & Mezzanine, Manulife Financial
Glenn Gibson, Managing Director, Head of Credit Origination Investment Banking, TD Bank Financial Group 

Concurrent Session 6A - VC Fund raising environment – the future that lies ahead

2009 and 2010 are expected to be the most significant fundraising period for Canadian VCs in the last decade as a number of funds have announced their intention to raise their next fund in this period. How do LPs see the environment and are their objectives aligned with the GPs looking to raise their next fund? In this session, the panelists will outline the opportunities and challenges they are currently facing in the current fundraising environment.

Session 6B PE – Current State of the Canadian M&A Market – Where Will Private Equity Play the Largest Role in 2009?

With the current economic crisis eliminating financing options, reducing public valuations to levels not seen for years and eroding business confidence Canadian M&A activity has slowed dramatically. Please join our panel of seasoned dealmakers as we explore the role of private equity in 2009 in relation to the M&A markets. Where will the best opportunities lie for private equity funds? Will privatizations present opportunities for funds and how will these deals get financed? What outlook should private equity funds expect in terms of exits, both in the public markets and privately?

Moderator :W. Ian Palm, Partner, McCarthy Tétrault LLP

Panelists:
Justin Barr, Managing Director, Mergers & Acquisitions,, RBC Capital Markets
John Sherrington, Vice Chairman, Global Head - Private Equity Coverage, Scotia Capital Inc. 
Tony Ianni, President, Ernst & Young Orenda Corporate Finance Inc.
Trevor Gough, Managing Director & Head of CIBC Mid-Market Investment Banking
Dirk Leasure, Managing Director, Financial Sponsors, BMO Capital Markets

Gala Cocktail Reception
Sponsored by HKMB HUB International and Chubb Insurance

Gala Dinner
Sponsored by RBC Royal Bank of Canada

Gala Dinner Keynote Speaker:
Timothy C. Draper, Founder, Managing Director, Draper Fisher Jurvetson

Scotch-Tasting
Sponsored by Choate, Hall & Stewart LLP

Breakfast Buffet
Sponsored by Avrio Ventures Management

Session 7 – The Case for Private Capital in the Canadian Energy Sector

Private capital has become increasingly relevant to the sustainable development of the Canadian energy sector. Why does the energy sector need private capital? How can private capital providers generate differentiated returns in this sector? What are the critical considerations in building a business through the cycle? Join this group of industry leaders for a discussion on the evolution of the Canadian energy sector private capital landscape and the opportunities ahead in this challenging time. 

Interviewer: Nelson Whitmore, Partner, Energy & International Tax, Deloitte & Touche LLP

Participants:
Kevin J. Brown, Chief Executive Officer and Director, ARC Financial Corporation
Larry Evans, Partner, 32 Degrees Capital
Pentti Karkkainen, Partner, KERN Partners Ltd.

Session 8 - Founders Panel - Reflections on Private Equity and Venture over the past 20 years and predictions for what lies ahead.

Private equity and venture investing have dramatically evolved over the last 20 years into highly sophisticated fund managers with multi-pronged strategies, industry focuses, operating expertise and unique styles unto themselves. Please join us for a retrospective discussion of private equity and venture in Canada from four founders who pioneered private investing in Canada . Hear their reflections on their respective funds' success, how they have built their firms and how they approach succession. In addition, hear their views on the structural changes that have taken place over the past two decades and where they see the industry trending in the future.

Moderator : Cody Church, Managing Director, TriWest Capital Partners

Panelists:
Roderick R. Senft, Managing Director, Tricor Pacific Capital, Inc. 
Brent Belzberg, Sr. Managing Partner, TorQuest Partners 
Marc Beauchamp, President & Managing Partner, Technologies, NOVACAP    Vintage Slide
Robin J. Louis, Angel Investor, Past President, Ventures West Capital Ltd. , Past President, CVCA

Session 9 - LP Panel - Update on Market Trends

Discussion will center on the current market trends. What are the LPs looking for today? The poster child of the last few years has been geographic expansion, as many LPs committed to funds in the Asian and Emerging Market space. Will that trend continue? Role and importance of secondary market trading in funds and how active are the Institutional investors in the secondary markets.

Networking Lunch
Sponsored by Alberta Enterprise Corporation