Anchorage Austin Beijing Berlin Boston Brisbane Brussels Charleston Charlotte Chicago Dallas Doha Dubai For
Harrisburg Hong Kong Houston London Los Angeles Melbourne Miami Milan Moscow Newark New York Orange Coun
BUILDING BRIDGES:
FINANCING
INFRASTRUCTURE
IN Francisco
EMERGING
MARKETS
Portland Raleigh
Research Triangle
Park San Diego San
São Paulo
Seattle Seoul
Perth Pittsburgh
Sh
Spokane Sydney Taipei Tokyo Warsaw Washington, D.C. Wilmington
When: Thursday, October 10, 2013, 8:00am – 6:30pm
K&L
Gates practices out of 48 fully integrated offices located in the United States, Asia, Australia, Eur
Where: K&L Gates, 1601 K Street, NW Washington, DC
Middle
East and
South
America
and
represents
leading
global Future
corporations,
growth
and middle-mark
Keynote Speaker:
David
Murray,
Inaugural
Chair
of the Australian
Government
Fund Board
of Guardians
capital
markets
participants
entrepreneurs
major
industry
(2006-2012),
and Honorary
Chair ofand
the International
Forumin
of every
Sovereign
Wealth
Funds group as well as public sector
Closing Speaker:institutions,
Admiral Jamesphilanthropic
G. Stavridis (Ret.),
Dean of The Fletcher
School, Tufts University,
andinformation
former
educational
organizations
and individuals.
For more
about K&L
Supreme Allied
Commander,
locations,
practices
andNATO
registrations, visit www.klgates.com.
This publication is for informational purposes and does not contain or convey legal advice. The information herein should not be used or rel
to any particular facts or circumstances without first consulting a lawyer.
TIME
EVENT
8:00am - 9:00am
Registration and Breakfast
9:00am – 9:15am
Welcome and Opening Remarks
©2013 K&L Gates LLP. All Rights Reserved.
Opening Speaker:
Patrick Mullen, Executive Vice President of Corporate Development, Chicago Bridge & Iron
9:15am – 10:30am
Global Infrastructure Overview - Moderator: Eliot Kalter, The Fletcher School
Panelists will present an overview of the current investment climate, bringing regional and sector
perspectives, and identify key areas of current investment opportunities. Discussion will focus on
infrastructure investment in emerging markets; sources of funding for sovereign funds investing in
infrastructure; prospects for continued financing availability; and, the tensions of investing domestically vs.
outbound infrastructure investment. The panel will also address infrastructure capital flows to emerging
markets, identify possible criteria for choosing infrastructure investments and provide as an overview of
co-financing opportunities.
Panelists:
Shahrokh Fardoust, former Director, Operations and Strategy, in Development Economics Vice
Presidency, at the World Bank
Cynthia Steer, Head of Manager Research and Investment Solutions for BNY Mellon Investment
Management
Eduardo Wallentin, Senior Manager, Strategy and Coordination, Latin America and the Caribbean,
International Finance Corporation
Susan Lund, Partner, McKinsey Global Institute
10:30am – 10:45am
Break
10:45am – 12:00pm
Practical Issues Around Deal Sourcing/Flow - Moderator: Patrick Schena, The Fletcher School
How do emerging market infrastructure deals originate and take shape? What are the respective and joint
roles of local governments, multi-laterals, and the private sector in the process? This panel will examine
infrastructure investment in emerging economies from origination to financing. It will explore themes from
innovative investment structures to patterns of partnering and co-investment. Panelists will discuss the
distinct barriers and risks to organizing investment in scale, as well as some creative solutions and workarounds to facilitate the investment process. Externalities, and other unintended consequences - both
negative and positive - will also be considered.
Panelists:
Chris Clement, Director for Asia-Pacific Trade & Investment Policy, Department of Commerce
Rod Girard, Senior Legal Counsel, Alberta Investment Management Corp.
David J. Wenstrup, Managing Partner, Clean Infra Partners LLC
Barry Lynch, Head of Procurement for Global Markets, Mainstream Renewable Power
TIME
EVENT
12:00pm – 2:00pm
Lunch
Keynote Speaker:
David Murray, Inaugural Chair of the Australian Government Future Fund Board of Guardians
(2006-2012), and Honorary Chair of the International Forum of Sovereign Wealth Funds
2:00pm – 3:15pm
Diversity of Investment Structures - Moderator: Eric Freedman, K&L Gates
As sovereign and other long term investors contemplate investment in emerging markets, they inevitably
need to consider the appropriate transaction structure for each investment: Auction/tender or bilateral
negotiation? Solo or joint venture, and if the latter, with what joint venture partner? Public-private
partnership? Equity investment or debt? Panelists will address the factors that inform the choice of
transaction structure, including political risk and other political considerations, externalities, and the unique
issues influencing transaction structures in emerging markets.
Panelists:
Paul Winters, Managing Director and General Counsel, Denham Capital
Teresa Ter-Minassian, former Director of the Department of Fiscal Affairs at the IMF
Fiona Stewart, Senior Financial Sector Specialist at CGAP/ World Bank Group
Charles Bralver, former Senior Associate Dean for International Business and Finance at the Fletcher
School at Tufts University and a founding partner of Oliver Wyman & Company
3:15pm – 3:30
Break
3:30pm – 4:45pm
Case Studies - Moderator: Tom Holt, K&L Gates
Panelists will tie the day’s discussion together with a closer look at real world experiences in infrastructure
investment in emerging markets.
Panelists:
Patrick Mullen, Executive Vice President of Corporate Development, Chicago Bridge & Iron
Brad Young, Partner and Executive Director, Altius Associates
Daniel Ritter, Partner, K&L Gates
David Weiss, President and CEO of Global Communities
4:45pm – 5:00
Break
5:00pm – 6:30pm
Closing Speaker:
Admiral James G. Stavridis (Ret.), Dean of The Fletcher School, Tufts University, and former Supreme
Allied Commander, NATO
Networking Reception
Co-Sponsored by:
Anchorage Austin Beijing Berlin Boston Brisbane Brussels Charleston Charlotte Chicago Dallas Doha Dubai For
Networking Reception sponsored by:
Harrisburg Hong Kong Houston London Los Angeles Melbourne Miami Milan Moscow Newark New York Orange Coun
Perth Pittsburgh
Portland
Raleigh Research Triangle Park
San Diego
Spokane Sydney Taipei Tokyo Warsaw Washington, D.C. Wilmington
San Francisco
São Paulo
Seattle
Seoul Sh