Wednesday, 11 October 2017
Registration and refreshments
Joey A. Concepcion, PRESIDENTIAL ADVISER FOR ENTREPRENEURSHIP
Opening panel: The battle to expand the reach of private equity in the Philippines
The key challenge for private equity investors in the Philippines is to effectively showcase the value they can bring to the table in addition to capital. Domestic corporate investors are cash rich, so operational value add and regional expertise/connectivity will go a long way. In addition, understanding the requirements of the family business community at different phases of generational ownership will also help to build relationships with conglomerates in deal sourcing.
- What impact will the global macro and political headwinds have on investments in the Philippines and beyond?
- How will the various reforms on tax and competition improve the investment landscape?
- What are the current opportunities across the sectors?
- Has there been an upturn on the exit environment?
Moderated by: Markus Ableitinger, Strategic Advisor, TAU INVESTMENT MANAGEMENT
Cyrus Driver, Managing Director, Head Private Equity Asia, PARTNERS GROUP
Gladys V. Enhaynes, Director, ICCP SBI VENTURE PARTNERS
Chris Teoh, Executive Director, TAEL PARTNERS
Networking coffee break
Market spotlight: How the Philippines ranks against its regional counterparts
Private equity in Southeast Asia is just coming out of a nascent stage. Singapore, Malaysia, and Indonesia are getting the lion's share of deal activity but the Philippines and Vietnam are catching up quickly. Although in the Philippines' case, it is may be reaching its potential given the economic stability, population size, and strong domestic consumption. So what is holding back the Philippines from becoming a more prominent investment destination? An international panel of investors will discuss:
- How does the Philippines rank against the rest of the ASEAN region?
- What are the regional counterparts doing to attract private investments?
- Is scalability the main challenge for building a successful regional story?
- Indonesia vs. the Philippines, what are the differences?
Moderated by: Kay-Mok Ku, Partner, GOBI MANAGEMENT (SINGAPORE)
Enrique Y. Gonzalez, President & CEO, IP VENTURES GROUP
Eka Himawan, Group CFO, ORAMI
Michael Montelibano, Head of Business Development, AYALA CORPORATION
Solving the infrastructure puzzle
With the Government unveiling a big infrastructure drive worth over US$160 billion, the role of private investors in closing the funding gap has become more apparent. Building the new airport in Manila is an interesting case in point of how private investment can gain access to large-scale opportunities and help infrastructure development. A panel of international infrastructure investors will share their thoughts on the topic and discuss:
- Whatare the priority projects for investment?
- What private investors can offer in addition to funding?
- How are PPP projects coming along?
- What subsectors provide the best opportunity?
Moderated by: Daniel Mallo, Head of Energy, Infrastructure and Metals & Mining, Asia Pacific, SOCIÉTÉ GÉNÉRALÉ ASIA
Bonnie Banzon, Head of Project Finance, BPI CAPITAL CORPORATION
Michael Rodriguez, Managing Director, MACQUARIE INFRASTRUCTURE & REAL ASSETS
Mia Sebastian, Deputy Executive Director, PPP CENTER
Karen Singson, Undersecretary, DEPARTMENT OF FINANCE
Cross-border opportunities: The Filipino roadmap
The level of cross-border activity both inbound and outbound continues to be on the rise. Inbound investors from China, Japan, and across Asia are attracted by the solid macro and domestic consumption story, as well as the big infrastructure push by the Government. Furthermore, Filipino companies are more than ever looking to transform themselves into regional players and outbound activity could help them achieve this.
- What is the state of the cross-border and M&A landscape?
- What is driving cross-border deals: macro fundamentals, domestic consumption, Government reforms, or international developments?
- Which specific sectors are Chinese investors focusing on for acquisitions?
- How successful are Filipino companies in their overseas efforts?
Moderated by: Likha Cuevas Miel, Financial Journalist, Southeast Asia, MERGERMARKET
Michael H. Guarin, Partner, KPMG PHILIPPINES
John R. Spence, Regional Head, M&A and Strategy, GENERALI ASIA
Adrian Teng, Group Finance Director, JARDINE CYCLE & CARRIAGE LIMITED
Scaling for success: Capturing the consumer wave
The Philippines is attracting significant interest from regional funds and venture firms keen to capitalise on the consumer wave in the country. At the heart of this is a strong entrepreneurial culture enabling the local ecosystem to grow. A panel of leading experts will discuss how the Philippines can emulate its rivals through entrepreneurship and investment, as well as some of the the pitfalls that need to be avoided to ensure a sustainable start-up community is built founded on strong innovation.
- How is the local ecosystem developing?
- What are some of the consumer trends driving the growth story in Philippines?
- What will it take for e-commerce to take off?
- How are regional players viewing the Philippines for expansion?
- What comparisons can be made with other consumer driven markets?
Moderated by: Minette Navarrete, President, KICKSTART VENTURES
Amit Anand, Founding Partner, JUNGLE VENTURES
Inanc Balci, Co-Founder and CEO, LAZADA PHILIPPINES
Nathan Boublil, Co-Founder and Managing Director, ZEN ROOMS
Networking coffee break
The rise of fintech
With financial technology (fintech) on the rise in Asia, private investors and financial institutions alike are keen to explore the opportunity and understand its scope. VCs see a big opportunity, and banks need to keep an edge over non-traditional players looking to disrupt the industry. In the Philippines the sector is tipped for massive growth, and the role of fintech in enabling financial inclusion given the significant unbanked population cannot be underestimated.
- What is the current landscape for fintech?
- Is collaboration among the stakeholders a key to developing a sustainable ecosystem?
- How important is it to strike the right balance between regulation, funding, technology and culture?
- What does the future hold for the sector?
Moderated by: Will Ongkowidjaja, Co-Founder & Managing Partner, ALPHA JWC VENTURES
Ronald Allan M. Aquino, President, I-PAY COMMERCE VENTURES
Reginaldo Anthony B. Cariaso, Senior Managing Director and Co-Head of Investment Banking, BPI CAPITAL CORPORATION
Enrique Y. Gonzalez, President & CEO, IP VENTURES GROUP
Mikko Perez, Founder & CEO, AYANNAH
Kelvin Teo, Co-Founder and Director FUNDING SOCIETIES-MODALKU
The Philippines for LP: Picking the right time to commit
Private equity in the Philippines is a nascent industry. Institutional investors may be hesitant to allocate capital, but now could be the time to put the money to work. The predicted GDP growth over the next 20 to 30 years puts the Philippines on a consistent trajectory, and given the demographics and local consumer consumption, it is understandable. So how do you gain access and what is the right level of exposure to gain risk-adjusted but meaningful returns?
- How do LPs view the Philippines as an investment destination?
- To date, have returns and portfolio performance been as expected?
- How does the Philippines compare with its regional neighbours as an investment destination?
- How can LPs best evaluate and manage the risks when investing in this market?
- How do LPs view the Philippines in the long term?
Moderated by: Aaron Yuan, Executive Director, LGT CAPITAL PARTNERS
Markus Ableitinger, Strategic Advisor, TAU INVESTMENT MANAGEMENT
Wilfredo Bacareza, President, Philippines, INFUNDE DEVELOPMENT
Amit Dabas, Vice President, HQ CAPITAL
Close of forum and networking cocktail