National Summit for Middle Market Funds
Scheduled for October 14-16, 2018 at The Breakers in Palm Beach, FL the National Summit for Middle Market Funds is the premier national event for Lower Middle Market practitioners. The Summit offers a unique environment to connect with 400+ fund managers, limited partners, investment bankers and select service providers over the course of three days. The National Summit program offers participants engaging speakers, exceptional networking, and essential content, all in an attractive setting.
500 industry professionals have registered for this year’s Summit and the event is SOLD-OUT. Click here to see which firm’s are attending and mark your calendar to join us next year, October 6-8, 2019!
CapitaLinx
Held concurrently with the National Summit, CapitaLinx features invitation-only, pre-set, one-on-one meetings between GPs and LPs. For more information visit our website.
THE PREMIER FUNDRAISING EVENT FOR LOWER MIDDLE MARKET PRIVATE EQUITY FUNDS
Scheduled for October 14-16, 2018 during the National Summit for Middle Market Funds, CapitaLinx is a unique opportunity for GPs, particularly those that are fundraising or plan to go to market in the near future. Unlike other industry conferences that offer speed networking at CapitaLinx:
- Meetings are held for twenty-five minutes in private offices, making them both efficient and productive
- Meeting selections are made by LPs, ensuring that your valuable time is spent with LPs that have an interest in your team and strategy
- All GPs that register for the National Summit are eligible to participate in CapitaLinx – there is no additional fee to participate.*
*GPs planning to fundraise at CapitaLinx for a Fund-in-Formation must be SBIA Members to participate.
The National Summit for Middle Market Funds offers a variety of activities for participants to get an early start on networking. All of our leisure activities are open to conference participants, as well as their spouse / significant other.
National Summit Golf Tournament | The Breakers
Sunday, October 14 | 11:00 a.m. – 4:30 p.m.
The Breakers – Rees Jones® Course
Please allow 30 minutes travel time as this course is off-property.
Arriving in Palm Beach early…why not relax on the golf course and start your networking early?
All National Summit registrants and their spouses/significant others are welcome to play 18 holes of friendly, yet competitive golf.
National Summit Tennis Tournament | The Breakers
Sunday, October 14 | 2:00 p.m. – 4:00 p.m.
Enjoy an afternoon on the courts. Voted one of the “top 50 tennis resorts,” The Breakers tennis facility features 10 beautifully groomed Har-Tru courts, a fully outfitted pro shop and the latest tennis fashions and expert equipment. Our round-robin non-elimination tournament provides fun and fierce competition for players of all skill levels. The Tennis Center also offers USPTA/USPTR certified professional instruction, clinics and private court time.
Lounging…Breakers Style | The Breakers
Saturday, October 13 – Tuesday, October 16 | 9:00 a.m. – 6:00 p.m.
Enjoy lounging by the pool and meet with friends at the SBIA National Summit Bungalows.
To view a pdf version of the agenda, please click here.
Saturday, October 13
| 9:00 a.m. – 6:00 p.m. | SBIA Networking Bungalows (All registrants, spouses and families are welcome.) |
| 4:00 p.m. – 6:00 p.m. | Early Arrivals Reception – Poolside Networking Hosted by the SBIA Board of Governors Chair Carolyn Galiette, Ironwood Capital (All Registrants, spouses and families are welcome.) |
Sunday, October 14
| 9:00 a.m. – 6:00 p.m. | SBIA Networking Bungalows (All registrants, spouses and families are welcome.) |
| 11:00 a.m. – 7:30 p.m. | Summit Registration |
| 11:00 a.m. – 4:30 p.m. | National Summit Golf Tournament – The Breakers Rees Jones® Course (Advanced Registration Required) A continuous shuttle to the Rees Jones course is available at the front entrance. Please allow 30 minutes travel time as this course is off-property. Lunch and warm up 11:30 a.m. Tee-off 12:15 p.m. |
| 12:00 p.m. – 1:30 p.m. | Women Investors Networking Picnic and Croquet (By invitation only, please) An exclusive networking event for senior-level women fund managers, limited partners and investment bankers. |
| 2:00 p.m. – 4:00 p.m. | Tennis Tournament at The Breakers A fun Round Robin Tournament for all skill levels. (Advanced Registration Required) |
| 2:00 p.m. – 5:30 p.m. | CapitaLinx |
| 5:00 p.m. – 6:00 p.m. | Sunday at The Breakers – Educational Session Lower Middle Market Data Update…the Numbers are In A timely discussion on completed transaction date including valuation, volume and leverage dynamics in the lower middle market for private equity deals. This talk will also showcase recent trends in the use of both buyer and seller tactics to minimize risk through the transaction to arrive at a successful close. Graeme Frazier, Private Capital Research, LLC and GF Data Resources, LLC |
| 6:00 p.m. – 7:30 p.m. | Welcome to the Summit Networking Reception Enjoy friends, old and new, as we start this year’s National Summit. (All registrants and their spouse/significant other are welcome.) |
Monday, October 15
| All Day | Summit Registration |
| 7:30 a.m. – 9:00 a.m. | Networking Breakfast Enjoy breakfast seated by region, to help you meet those doing deals in your backyard. Special Feature: There will also be three designated tables for you to meet with SBA staff to answer your questions about SBIC Examinations, Operations and Licensing affecting your fund. Michael Donadieu, U.S. Small Business Administration Paul Salgado, U.S. Small Business Administration Arthur Spivey, U.S. Small Business Administration |
| 9:00 a.m. – 4:30 p.m. | CapitaLinx |
| 9:00 a.m. – 9:30 a.m. | Welcome to the National Summit for Middle Market Funds A warm welcome to the association’s pinnacle event. Carolyn Galiette, Ironwood Capital, SBIA Chair |
| 9:30 a.m. – 10:30 a.m. | Keynote Presentation – Today’s Media and the Administration We’re pleased to have Bob Woodward as this year’s keynote speaker. Bob is an associate editor of The Washington Post, where he has worked since 1971. He has shared in two Pulitzer Prizes, first in 1973 for the coverage of the Watergate scandal with Carl Bernstein, and the second in 2003 as the lead reporter for coverage of the 9/11 terrorist attacks. Who better to provide a sage analysis of today’s media and its relationship with the Trump Administration? Bob Woodward, The Washington Post |
| 10:30 a.m. – 11:00 a.m. | Networking Break |
| 11:00 a.m. – 12:00 p.m. | Legislative and Regulatory Review A remarkably busy year comes to an end. SBIA’s President will review critical legislative and regulatory accomplishments, and provide a glimpse of what industry professionals in the lower middle market should expect going forward. Brett Palmer, Small Business Investor Alliance, President |
| 12:00 p.m. – 1:30 p.m. | Networking Luncheon and Special Keynote Presentation A Fascinating Look at NASA’s Current and Future Projects Created by Congress in 1958, NASA continues to lead in space exploration, making discoveries about ourplanet, our solar system, and our universe. NASA research continues to make remarkable advances in aviation, help develop today’s commercial space industry, fuel economic growth, create jobs, and works to strengthen national security. Our speaker completed his first space flight in 2008 on STS-126 Endeavor and has now logged a total of 189 days in space to include several spacewalks outside the International Space Station (“ISS”). Learn more about life aboard the ISS, projects and partnerships that NASA is working on and what the future holds for space exploration. Col. R. Shane Kimbrough, NASA Astronaut |
| 1:30 p.m. – 2:00 p.m. | Networking Break |
| 2:00 p.m. – 2:45 p.m. | Differentiating Your Fund in an Oversaturated Market The glory days of club deals with a limited supply of capital are becoming a thing of the past. How are fund managers staying relevant in what is an increasingly competitive market? Shifting from a passive capital source to a more active one, how are we driving value for our portfolio companies? What resources and training programs have proven successful in developing our leadership teams? This session will provide perspectives from both fund managers and a portfolio company CEO. Michael Painter, Plexus Capital, Session Moderator Jan Bergeson, Ally Bank Don Charlton, Argosy Private Equity Gary Levitt, DesignShop, Inc. |
| 2:45 p.m. – 3:30 p.m. | Great Expectations – The Evolution of Independent Sponsors in Private Equity How has the Independent Sponsor segment in the lower middle market changed over the past five years? Is continued growth sustainable based on current and expected economics? What key issues should GPs, LPs and Independent Sponsors look for as they consider investments together? Our panel brings a remarkable depth of knowledge about this evolving segment of our industry. Jon Finger, McGuireWoods LLP, Session Moderator Andrew John, Calvert Street Capital Partners Grant Korman, NCK Capital Eric Sloane, Southfield Mezzanine Capital Jacques Youssefmir, Ocean Avenue Capital Partners |
| 3:30 p.m. – 4:00 p.m. | Networking Break |
| 4:00 p.m. – 5:00 p.m. | The Realities of Tax Reform on Private Equity Funds We’re almost a year into the historic tax law changes. Our panel of experts will explore the realities of how to form and structure private equity and mezzanine funds; and how best to structure future M&A transactions. Vince Foster, Main Street Capital, Session Moderator David Nockolds, Deloitte & Touche David Roby, Eversheds Sutherland US LLP |
| 5:00 p.m. – 7:00 p.m. | Dealmakers Winetasting Reception Make new connections, and enjoy different varietals of wine poured by Limited Partners representing more than 40 banks, family offices, insurance companies, fund of funds, and foundations/endowments. (All registrants and their spouse/significant other are welcome.) |
Tuesday, October 16
| All Day | Summit Registration |
| 7:30 a.m. – 9:00 a.m. | Networking Breakfast For those early risers, get an early start on the days networking before the content sessions get underway.SBIA Policy Breakfast for Lawyers and Accountants (By invitation only, please) A special opportunity for service providers to discuss key SBIC operations issues with both SBIA and SBA professionals. Michael Donadieu, U.S. Small Business Administration Will Gardner, Small Business Investor Alliance Harry Haskins, Small Business Investor Alliance Paul Salgado, U.S. Small Business Administration Arthur Spivey, U.S. Small Business Administration |
| 8:00 a.m. – 12:30 p.m. | CapitaLinx |
| 9:00 a.m. – 10:00 a.m. | Special Address and Awards Presentation Join us as SBA’s Administrator provides an update on the Agency’s accomplishments and initiatives for the year ahead. The Administrator will also congratulate SBIA’s Portfolio Company of the Year award winner and SBA’s SBIC of the Year award winner, Avante Mezzanine Partners. The Honorable Linda McMahon, Administrator, U.S. Small Business Administration |
| 10:00 a.m. – 11:00 a.m. | State of the Market: Exposing and Solving Unknown Knowns The sixth annual and popular “State of the Markets” panel discusses opportunities, risks, concerns and controversial subjects you may not know that you didn’t know. It is a dynamic session covering topics you requested. Mezzanine, BDC/senior, equity and a deal attorney battle over the topics you care about most. They will expose topics that are timely and relevant, providing specific, actionable and useful strategies for today’s market climate. We will not shy away from tough topics. Hang onto your thinking caps. This panel will move fast and dive deep into meaningful issues that shape your business decisions. We will cover: What most concerns you about the state of the market and how are you solving for that today? Which is a better risk/reward strategy – senior, mezzanine or equity? What are you doing today that you were not doing 3 years ago? What are you doing to prepare for the next cycle? What are your most valuable lessons learned? The candid and insightful responses will keep you steps ahead of the market and your competitors. Tim Rafalovich, Wells Fargo Bank, Session Moderator Kirk Griswold, Argosy Partners Ian Simmonds, TPG Specialty Lending Tamer Tullgren, Locke Lord LLP Anne Vazquez, NewSpring Capital |
| 11:00 a.m. – 11:30 a.m. | Networking Break |
| 11:30 a.m. – 12:15 p.m. | Recruiting and Retaining Millennials for Your Fund and Your Portfolio Companies Did you know that Millennials are the largest generation in today’s U.S. work force? In a tight labor market, what strategies successfully recruit them? What drives them and what do they expect? With the cost of a bad hire hitting upwards of $15-$20k to replace a millennial employee, how are fund managers recruiting and retaining high-caliber talent? This session will explore these questions and much more. Faraz Abbasi, Centerfield Capital Partners, Session Moderator Elise Chowdhry, Optimum Advisors, LLC Max Van Vliet, Comvest Partners |
| 12:15 p.m. – 1:30 p.m. | Networking Luncheon and Keynote Presentation Geopolitical Risk, International Trade & Global Strategies: The Decade Ahead A real-time, clear-eyed presentation that focuses on how geopolitics impact international security, global commerce and on-going trade negotiations. Our expert speaker will focus on U.S. management of global disruption and geopolitical risk challenging the traditional analyst and media consensus on the world’s most powerful political leaders in Asia, Europe and the Middle East. John Sitilides, Trilogy Advisors LLC Consultant, U.S. Department of State Former Chairman, Woodrow Wilson Center Southeast Europe ProjectClosing Remarks and End of the Summit Raffle Celebrate the Association’s 60th Anniversary with our Special Raffle Prize |
The Premier Fundraising Event For Lower Middle Market Private Equity Funds
Scheduled for October 14-16, 2018 during the National Summit for Middle Market Funds, CapitaLinx is a unique opportunity for GPs, particularly those that are fundraising or plan to go to market in the near future. Unlike other industry conferences that offer speed networking at CapitaLinx:
- Meetings are held for twenty-five minutes in private offices, making them both efficient and productive
- Meeting selections are made by LPs, ensuring that your valuable time is spent with LPs that have an interest in your team and strategy
- All GPs that register for the National Summit are eligible to participate in CapitaLinx – there is no additional fee to participate.*
CONTACT US
If you have any questions regarding CapitaLinx, please contact us via email or at 202.628.5055.
*GPs planning to fundraise at CapitaLinx for a Fund-in-Formation must be SBIA Members to participate.
The National Summit for Middle Market Funds is the premier national event for the Lower Middle Market. Attending the National Summit offers you a unique opportunity to connect with 400+ private equity fund managers, limited partners, investment bankers, and select professional service providers over the course of three days.
Registration will open for SBIA Members first, in early-mid June.
Registration for the National Summit for Middle Market Funds includes all of the content sessions throughout the event for all attendee categories, and specific networking opportunities and pricing for the following registrant categories:
2018 Pricing
Registration Category |
Pricing |
| SBIA Member | |
| Fund, Fund in Formation, Intermediary & Professional Service Provider (Sponsor) |
$2000 |
| Limited Partner | $0 (applies to first two registrants) |
| SBIA Additional Member | |
| Fund, Fund in Formation, Intermediary & Professional Service Provider (Sponsor) |
$1850 |
| Limited Partner | $700 (applies after two comp registrants) |
| Non-Member | |
| Fund, Fund in Formation | $3300 |
| Intermediary | $2400 |
| Limited Partner | $1200 |
| First-Time Attendee (Funds Only) | $2400 |
| Spouse/Significant Other (not an industry professional) | |
| Spouse/Significant Other | $0 |
Activities Registration
| Activity | Price |
| Golf Tournament | $250 |
| Tennis Tournament | $75 |
Please Note: We are limiting attendance from Professional Service Providers (accountants, consultants, lawyers, due diligence and executive search firms, and software providers) to only those firms who are sponsors of the event or members of SBIA. For questions, contact us at 202.628.5055.
*Cancellation Policy: All National Summit registration cancellations and refund requests must be made in writing to SBIA via email by August 1, 2018 in order to receive a full refund. If your cancellation and refund request is made between August 2, 2018 and September 28, 2018 a refund of all fees, minus a $400 administrative fee will be given. After September 28, 2018 no refund is available. Golf and tennis registrations are subject to the National Summit cancellation policy. You may transfer your registration to another member of your firm by sending an email to events@sbia.org. National Summit registration, including activity registration, is non-transferable to registrants outside of your firm. SBIA regrets that refunds will not be given for no-shows.
Engaging Speakers
The Summit speaker lineup includes a variety of experienced industry professionals who are experts in their field. This year we are featuring:
Bob WoodwardAssociate Editor
The Washington Post
Graeme FrazierPartner
Private Capital Research & GF Data
Carolyn GaliettePresident and Chief Investment Officer
Ironwood Capital
Curtis HartmanVice Chairman, Chief Credit Officer and Senior Managing Director
Main Street Capital
Col. R. Shane KimbroughNASA Astronaut
The Honorable Linda McMahonAdministrator
U.S. Small Business Administration
Brett PalmerPresident
Small Business Investor Alliance
John SitilidesTrilogy Advisors, LLC
Vanguard +
Vanguard
Premier
Leadership
Spouse/Significant Other Registration
Spouse / Significant Other registration* is complimentary with your registration for the National Summit for Middle Market Funds, however advanced registration is required. Please see below for a schedule of events.
SATURDAY – TUESDAY
Lounging…Breakers Style | The Breakers
Saturday, October 13 – Tuesday, October 16 | 9:00 a.m. – 5:00 p.m.
Enjoy a little time at the pool and get some networking done at the same time. SBIA Bungalows will be marked and your meals and refreshments can be charged to your room. Guests staying off property are welcome to enjoy the SBIA Bungalows and Beach Club by showing their National Summit badge at the Beach Club check-in desk. The Breakers features five relaxing whirlpool spas and four oceanfront pools, including the “active” pool ideal for families.
SATURDAY
Early Arrivals Cocktail Reception | The Breakers
4:00 p.m. – 6:00 p.m.
If you’ve arrived early, please join us Saturday afternoon at the SBIA Bungalows for a relaxed-poolside, informal reception. Hosted by SBIA Chair Carolyn Galiette, this is a wonderful opportunity to renew old friendships and welcome new friends into your circle. This super-casual event will also feature fun foods and activities for the kids, so please bring them along!
SUNDAY
National Summit Golf Tournament | The Breakers Rees Jones Course
11:00 a.m. – 4:30 p.m.
Advanced Registration Required
Please allow 30 minutes travel time as this course is off-property.
A continuous shuttle to the Rees Jones course is available at the front entrance, please allow 30 minutes travel time as this course is off-property.
Tennis Tournament at The Breakers
2:00 p.m. – 4:00 p.m.
Advanced Registration Required
A fun Round Robin Tournament for all skill levels.
Welcome to the Summit Networking Reception | The Breakers
6:00 p.m. – 7:30 p.m.
Enjoy savory hors d’oeuvres and tropical cocktails under the twinkling Florida stars. Let the gentle ocean waves ease away the stress of traveling as you meet with friends old and new.
MONDAY
Spouse / Significant Other Continental Breakfast
9:30 a.m. – 10:30 a.m.
Start the day with a light breakfast and new friends.
Dealmakers’ Winetasting Reception
5:00 p.m. – 7:00 p.m.
An annual favorite, this networking event featuring different varietals of wine poured by our Limited Partners representing more than 40 banks, family offices, insurance companies, fund of funds, and foundations/endowments. A perfect way to start the evening before exploring restaurants at The Breakers and in Palm Beach. All registrants and their spouse/significant other are welcome to attend.
TUESDAY
Spouse / Significant Other Continental Breakfast
9:30 a.m. – 10:30 a.m.
Start the day with a light breakfast and new friends.
*Please note, only those who are not practitioners in the industry qualify for this registration.
THE BREAKERS | ONE SOUTH COUNTY RD | PALM BEACH, FL 33480 | 888.273.2537
The National Summit for Middle Market Funds is being held at The Breakers, a historic luxury resort located on 140 acres of oceanfront property in the heart of Palm Beach. Distinguished as a AAA Five-Diamond property, The Breakers offers a multitude of amenities including two 18-hole championship golf courses, a 20,000 square foot oceanfront spa, tennis courts, and five swimming pools. For detailed property features and amenities, visit The Breakers website.
Only registrants of the National Summit for Middle Market Funds are eligible for the conference room block rate, once registered.