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“The first eight hours made the mission worth it for us.”

Boston-based Venture Capital GP

Program Overview – South Africa

The inaugural U.S. Certified Trade Mission for Alternative Investments program to South Africa welcomed a highly qualified delegation of U.S. Private Equity representatives and nearly 25 local Institutional Investors for a series of productive meetings and networking opportunities in Cape Town, Pretoria & Johannesburg. This mission also featured the first-ever “Campus Visits” with the GP delegation visiting the officers and executives of institutional investment funds at their professional offices.

Mission Overview

For institutional investors, this program organized in cooperation with the U.S. Department of Commerce International Trade Administration (ITA) and RG + Associates, the Certified Trade Mission Organizer, delivers unparalleled exposure to U.S. based investment partners, including top-quartile private equity, venture capital, and real estate investing.

The multi-city visits are designed to facilitate exposure, confidence and knowledge about the potential returns available across the spectrum of private equity and venture capital investment opportunities. The program will consist of moderated round-table discussions and briefings by key local experts. Formal one-on-one meetings between attendees, designed to facilitate cooperative partnerships, will be included on the agenda. We are pleased that this program is supported by the U.S. Embassy in South Africa.

Mission Objectives

A key driver of the multi-city mission is to provide South African institutional investors with first-hand knowledge and face-to-face introductions to leading U.S.-based alternative asset investment partners, focused on private equity, venture capital and real estate investing.

Regulation 28 of the Pension Funds Act once limited South Africa retirement fund alternative investments to 2.5% of their portfolios. Since the revision of Regulation 28 in 2012, the allocation has been increased to 10%. Additionally, South Africa retirement funds can now invest up to 25% of their overall portfolios offshore. As a result, savvy South Africa retirement funds are seeking ways to expand their exposure to alternatives while maximizing returns (and mitigating risk) for their stakeholders. Many have interest, yet few have the bandwidth to identify and vet possible U.S.-based investment partners.

The Certified Trade Mission is an efficient, highly focused approach to meet and start an initial exploratory dialogue and make connections. The interactions also represent an opportunity for limited partners and general partners to exchange ideas and strategies in an open, interactive format.

BENEFITS OF GP PARTICIPATION

U.S. Based private equity, venture capital and real estate delegates

BENEFITS OF LP PARTICIPATION

International institutional investors, endowments, foundations, family offices consultants and
fund of funds

Agenda

Monday | January 27, 2014 | Cape Town Program

8:00 – 9:00

U.S. GP Delegation Closed-Door Economic Briefing

9:00 – 10:00

Registration | Networking Brunch
Speaker: Erica J. Barks-Ruggles, Principal Officer, Cape Town Consulate

10:00 – 10:10

Welcome | Introductions
Introduction by: Randy Mitchell,
Senior Trade Strategist for Private Equity & Venture Capital, U.S. Department of Commerce
Welcome: Ann Marie D’Alton, CEO Principal Officers Association

10:10 – 12:00

ROUNDTABLE DISCUSSION

Topic 1 – Consultants Perspectives – How are they helping their client’s diversity into alternative investments? What strategies are they recommending and what impact has Regulation 28 had on their recommendations? How are they approaching offshore investment opportunities?

Topic 2 – Investment Perspectives – U.S. Delegates and Africa Institutional Investors share insight on the private equity, venture capital and real estate market and approach to investing in these asset classes that are most compelling from a fiduciary perspective.

Speakers: U.S. LPs (Africa-based LPs, U.S. delegates)

12:00 – 12:30

Tea Break
One-on-one Meetings

12:30 – 14:30

Program Concludes

Monday | January 27, 2014 (evening) | Travel to Johannesburg

Wednesday | January 29, 2014 | Johannesburg Program

9:00 – 10:00

Registration | Networking Brunch
Remarks: U.S. Ambassador to South Africa, Patrick Gaspard

10:00 – 10:10

Welcome | Introductions
Introduction by: Randy Mitchell,
Senior Trade Strategist for Private Equity & Venture Capital, U.S. Department of Commerce
Welcome: Ann Marie D’Alton, CEO Principal Officers Association

10:10 – 12:00

ROUNDTABLE DISCUSSION

Topic 1 – Offshore Alternative Investment Strategies – Solutions to Lowering Your Portfolio Concentration Risk

Topic 2 – Investment Perspectives – U.S. Delegates and Africa Institutional Investors share insight on the private equity, venture capital and real estate market and approach to investing in these asset classes that are most compelling from a fiduciary perspective.

12:00 – 12:30

Tea Break

12:30 – 14:30

One-on-one Meetings
Participants will benefit from first-hand perspectives in a small one-on-one meeting session format that fosters candid exchange and relationship building.

14:30

Program Concludes

Accomodations & Meeting Venues

CAPE TOWN

Radission Blu Hotel Waterfont (Accommodations)
Beach Road Granger Bay, Cape Town | + 27 21 441 3000

Cape Grace Hotel

The only hotel in Cape Town situated on the edge of the Atlantic Ocean, this dynamic lodging overlooks many of the natural wonders of the city, including Table Mountain, Robben Island and Victoria & Alfred Waterfront. Choose from 177 rooms and suites with thoughtful amenities like Free high-speed, wireless Internet. Tobago’s Bar and Terrace offering an array of cocktails and an alfresco setting, and a heated rim-flow swimming pool, Amani Spa and fitness centre are available for your enjoyment


The Pavilion (Cape Town Meeting Venue)
Clocktower Centre V&A Waterfront, Cape Town

The Pavilion Conference Centre

JOHANNESBURG

Hyatt Regency Johannesburg (Accommodations & Meeting Venue)
191 Oxford Road, Rosebank, Johannesburg, South Africa, 2132 | +27 11 280 1234

Hyatt Regency Johannesburg Hotel

The Hyatt Regency Johannesburg (Rosebank) is close to Rosebank Mall, South African Museum of Military History, and Johannesburg Zoo. Also nearby are Killarney Golf Club and Dunkeld West Shopping Centre. This beautiful 5 star property has a full-service spa, an outdoor pool, a health club, business center, a restaurant and a bar/lounge.


Disclaimer

U.S. and Foreign Commercial Service supports the goals of this event, but does not endorse the specific products, or views of the participating organizations. The government of the United States, particularly the United States Department of Commerce, and U.S. Embassies, are not involved in selecting or recruiting for this mission. Such selection and recruitment is strictly left to the mission organizer, RG + Associates.