distressed debt russia and cis

Restructuring strategies and investment opportunities

18 - 19 May 2009, Moscow

AGENDA

day 1 – MOnday 18 MAy 2009
08:45 / Registration and Refreshments
09:25 / Chairman’s Opening Remarks
09:30 – 11:00 / SESSION ONE: DISTRESSED DEBT FROM A TO Z
Practical Master-Class Led by: Simon Davies, Director, The Blackstone Group, UK
Fundamentals of Distressed Debt. Why Invest in Distressed Debt?
• What is distressed debt? Examples of a distressed debt situation
• The role of distressed debt in global capital markets
• Understanding new sources of return: Risk/return profiles
of various distressed debt instruments
• How to outperform the market by investing in distressed debt
Strategies for Choosing and Profiting from the Right Deals
Identifying distressed debt investment opportunities
Corporate restructuring and turnaround situations
• Valuation and due diligence distressed companies
• Playing the sceptic- What creates value?
11:00 – 11:30 / Coffee and Networking
11:30 – 12:30 / SESSION TWO: DISTRESSED DEBT FROM A TO Z (Continued)
Trading Distressed Securities
Secondary market for distressed claims
- Issues of liquidity
- The best exit strategies
• Publicly traded distressed securities
- Control
- Publicity
• Structuring distressed deals
• Challenges and opportunities when raising a fund
for distressed investing
12:30 - 13:30 / Lunch and Networking
13:30- 15:00 / SESSION THREE: RUSSIAN DISTRESSED MARKET: MAIN PLAYERS & ISSUES
Oleg Ivanov, Expert Council of the Committee on Credit Institutions and Financial Markets, State DUMA, RFVice-President
Association of Regional Banks of Russia
Boris Voronin, Head of Central Credit History Catalogue
Central Bank of RF
Fedor Sapronov,Executive Director,Project and Structured Finance, Department Head of Structured and Leveraged Finance
Gazprombank
Restructuring Distressed Corporate Debt in Today’s Russia: Lessons for Creditors and Borrowers
Alexander Yerofeyev,Partner, Head of Restructuring
KPMG in Russia and the CIS
15:00 – 15:30 / Afternoon Refreshments
15:30 – 16:30 / SESSION FOUR:
Investment Strategies Employed By Private Equity and Hedge Funds
Tim Demchenko, Head of the Private Equity and Special Situations Department
VTB Capital
Topic TBC
Julian Salisbury, Partner Managing Director
Goldman Sachs ESSG, UK
16:30 – 17:45 / SESSION FIVE: BANKRUPTCY and DISTRESSED DEBT IN RUSSIA
The Latest Amendments into the Russian Bankruptcy Law: Implications for the Distressed Debt Market. Judicial Remedy of Distressed Securities Holders
Andrey Savin, Managing Partner
Law Synergy
Acquisition of Corporate Control through the Purchase of Corporate Borrowers’ Debt at a Discount
Mikhail Kazantsev, Senior Associate
Egorov, Puginsky, Afanasiev & Partners Law Offices
Legal Mechanisms Related to Public Debt Restructuring in Russia
Dmitry Glazunov, Partner
LiniYA Prava Law firm
17:45 / Chairman’s Closing Remarks. End of Day One. Drinks
day 2 – TUESDAY, 19 MAy 2009
08:45 / Registration and Refreshments
09:25 / Chairman’s Opening Remarks
09:30 – 11:30 / SESSION FIVE: CORPORATE DEBT RESTRUCTURING IN RUSSIA AND CIS: Understanding the Needs and Goals of Distressed Debt Market Participants
Aleksei Lukovenko, Chief Investment Officer
ROEL Capital, Russia
Yuriy Prozorov, Co-founder & General Director
Dagda LLC, Ukraine
Yuriy Ushkov, Vice-President
Astrum Investment Management, Ukraine
Alexander Temkin, Portfolio Manager
Renaissance Russia Distressed Assets Fund, Russia
11:30 – 12:00 / Morning Refreshments
12:00 – 13:15 / SESSIONFIVE (Cont): CORPORATE DEBT RESTRUCTURING IN RUSSIA & CIS
Practical Issues Related to Corporate Debt Restructuring in Russia
Vladimir Alenichev,Vice-President, Member of the Board
IC RUSS-INVEST
Strategies for Working with Creditors and Restructuring Distressed Debt
Boris Pokrovsky,Managing Director
Finematika GC
Topic TBC
Nikolay Khokhlov, Executive Director
IMC Center
13:15-14:15 / Networking Lunch
14:15 – 15:30 / SESSION SIX: DISTRESSED ASSET CLASSESPORTFOLIO CONSTRUCTION
Why Now it is The Time for Mezzanine/Hybrid Financing?
Alexander Abolmasov, Vice-President
Credit Department New Russia Growth, Russia
Topic TBC
Vasily Kulikov*, President(awaiting final confirmation)
CenterInvest Group, Russia
Distressed Debt as an Asset Class
Natalia Ivanova, Managing Director
Da Vinci Capital Management
Topic TBC
Yaroslav Lissovolik, Chief Economist (awaiting final confirmation)
Deutsche Bank, Russia
15:30 – 16:00 / Afternoon Refreshments
16:30 – 17:45 / SessionSEVEN:DISTRESSED REAL ESTATE
Russian Real Estate: Lurching towards Distress?
Leo Morozov, Executive Director
Lehman Brothers Real Estate Partners, UK
Viktor Nekrasov, Advisor to the President
Bank of Moscow
Sherzod Yusupov, Vice-President(awaiting final confirmation)
UNICREDITGROUP
Vladimir Lopatin, Chairman, National League for Mortgage Brokers
General Director, Centre for Managing Mortgage Debt
17:45 / Chair’s Closing Remarks. End of Forum

Timing and order of presentations is subject to minor changes on the day of the Forum