Tuesday, September 29, 2009
Private Equity Distressed Investing and Turnaround Strategies That Get Results and Returns, a panel presentation at the DealFlow Distressed Debt Conference 2009, November 9, 2009, Washington, DC, Moderated by John M. Collard, Chairman, Strategic Management Partners, Inc. www.StrategicMgtPartners.com
Distressed Debt Conference 2009:
DealFlow Media (516) 876-8006 www.DealFlowMedia.com
Agenda and Speakers: www.dealflowmedia.com/conferences/dd_conference_09_agenda.cfm
St. Regis Washington, DC
923 Sixteenth and K Streets, N.W., Washington, DC 20006
202) 638-2626 www.StRegis.com/WashingtonDC
November 9, 2009
11:50 AM to 12:40 PM Panel Discussion
Distressed and turnaround investors understand that the economic downturn has created unprecedented opportunities in the distressed debt market. Hedge funds, private equity funds, funds of funds, and other investors have raised tens of billions of dollars over the past year in anticipation of severe price discounting on the debt of troubled companies.
This panel explores where the deals are, and how to successfully source deals during strained economic times. Panelists also discuss what strategies to use to turn a company around after acquisition, how to protect invested capital and when it's time to exit.
Private Equity Distressed Investing and Turnaround Strategies That Get Results and Returns
John M. Collard, Chairman, Strategic Management Partners, Inc. www.StrategicMgtPartners.com
A turnaround management firm specializing in interim CEO leadership, corporate renewal governance, private equity advisory, asset recovery, and investing in underperforming distressed troubled companies.
Mark E. Chesen, President, SSG Capital Advisors, LLC www.ssgca.com
An investment bank assisting with a focus on distressed merger & acquisitions, private placements of debt and equity, complex financial restructurings, and complex valuations in operational or financial challenging situations.
Murry N. Gunty, Managing Partner, Blackstreet Capital Management, LLC www.BlackstreetCapital.com
A private equity firm with $200 million under management, focusing on control buyouts of under-performing corporate orphans, primarily located in the eastern half of the United States.
Michael Petix, Partner, BlackEagle Partners, LLC www.BlackEaglePartners.com
A special situations private equity firm making control investments in lower and middle market companies with sustainable business models, ranging from financially sound but operationally underperforming to deep in distress.
Larry E. Jennings, Senior Managing Director, ValStone Partners, LLC www.ValstonePartners.com
A private equity investment firm with $270 million of assets under management and real estate owned, focusing on control investments in real estate and lending in distressed and special situations.
The Panel will address questions like:
* How do you source and qualify deals in this environment?
* How do you get comfortable with revenue projections?
* Where are you finding deals these days? What industries?
* What factors and influences are producing these opportunities?
* Where to locate financing to support transactions?
* What strategies to employ after acquisition to turn the company around and realize returns on invested capital?
* How do you deal with existing management, stay or go?
* What strategies to use to protect working capital investment to avoid past sins?
* How do you deal with legacy costs?
* When is it time to exit? At what multiples?
The Distressed Debt Conference 2009 offers the most comprehensive forum from the leaders in the distressed investment market. Hosted by DealFlow Media, publisher of The Distressed Debt Report, this two-day conference offers insight from the leading small & middle market lenders, second lien & subordinated debt investors, investment bankers, turnaround consultants and distressed debt investors.
With the government looming as a larger force than ever in the distressed investment market, Washington D.C. is the perfect venue for this event.
* Restructuring Middle-Market Debt without New Financing
* Opportunities in Distressed Middle-Market Debt
* Middle-Market Automotive Industry Suppliers: Opportunities for Lenders & Investors
* Private Equity Distressed Investing and Turnaround Strategies
* FDIC Bank Resolutions: How Can the Private Market Participate?
* Middle-Market Retailers: Bargains at Any Price?
* The Pro's and Con's of Consensual Restructurings
* Distressed Real Estate Hits the Equity Markets
* Provisions and Implications of U.S. and Chinese Bankruptcy Law
* TALF, PPIP, and the Consumer and Business Lending Initiative
* Distressed Residential Whole Loans & Portfolios Strategic Management Partners, Inc.
: turnaround managers ready to run troubled companies, recover assets from investments gone bad, advise boards of directors and investors on company viability in distressed situations.
Mr. Collard said, "These are very turbulent times for business, and opportune times for distressed investors. The declining global economy, unprecedented changes in government policy effecting how companies will do business in the future, uncertainties regarding recovery timetables, and limited availability of capital are pressing business issues that we must all face and conquer. We must focus on building companies in which investors and lenders want to invest their precious capital. This is a time when private equity investors can invest in distressed properties, rebuild and create value, then recognize large returns on their invested capital."
The Firm: Strategic Management Partners, Inc. (www.StrategicMgtPartners.com 410-263-9100)
is a turnaround management firm specializing in interim executive CEO leadership, corporate renewal governance, private equity advisory, asset recovery, and investing in underperforming distressed troubled companies. SMP helps clients restore value to troubled companies, prepare entities for 'cash out' at maximum value, recover assets for fund investors, support litigation, and invest private equity into distressed opportunities. The firm has been advisor to Presidents Bush (41 & 43), Clinton, and Yeltsin, World Bank, EBRD, Company Boards, Litigators, and Equity Capital Investors on leadership, governance, turnaround management and equity investing. SMP is celebrating 20 years of service to its clients. SMP was named Maryland's Small Business of the Year, and received the Governor's Citation, Governor Martin J. O'Malley, The State of Maryland
as a special tribute to honor work in the areas of turning around troubled companies and saving jobs in Maryland. Turnarounds & Workouts Magazine has twice named SMP among the 'Top Outstanding Turnaround Management Firms'
. American Business Journals named SMP among the Most Active Turnaround Management and Consulting Firms
in Baltimore, Washington, and the Mid-Atlantic Region. Global M&A Network presented SMP with the Turnaround Atlas Award for Turnaround Consulting Firm of the Year (Boutique)
John M. Collard is a Certified Turnaround Professional (CTP), who brings 35 years senior operating leadership, $85M asset recovery, 40+ transactions worth $780M+, and $80M fund management expertise to run troubled companies, and advise company boards, litigators, institutional and private equity investors. Mr. Collard has on many occasions parachuted in as the CEO or senior executive to turn around a trouble entity. John is Past Chairman of the Turnaround Management Association (TMA)
. John was inducted into the Turnaround Management, Restructuring, and Distressed Investing Industry Hall of Fame
Reference: www.StrategicMgtPartners.com Turnaround Managers SMP Celebrates 20 Years in Turnaround Business SMP Named Among Top Outstanding Turnaround Management Firms by Turnarounds & Workouts Magazine SMP Named Maryland's Small Business of the Year and Received the Governor's Citation SMP Received Global M&A Network Turnaround Atlas Award for Turnaround Consulting Firm of the Year (Boutique) Strategic Management Partners, Inc. Named to Most Active Turnaround Management Firms in Mid-Atlantic List by American and Baltimore Business Journals www.StrategistLibrary.com
or Strategic Management Partners, Inc. Library Collard Enters Turnaround Management, Restructuring, and Distressed Investing Industry Hall of Fame Collard Past Chairman, Turnaround Management Association (TMA) Is Your Company in Trouble? Published by Corporate Board Magazine
Conference: DealFlow Media www.DealFlowMedia.com
Distressed Debt Conference 2009: (516) 876-8006 Agenda and Speakers www.dealflowmedia.com/conferences/dd_conference_09_agenda.cfm St. Regis Washington, DC www.StRegis.com/WashingtonDC
John M. Collard
Strategic Management Partners, Inc.