Dear AVCAL Members and Associates,

AVCAL 2007 Conference, Gold Coast
26 - 27th September
Sheraton Mirage & Palazzo Versace

This year's conference sold out in record time. A waitlist is however open. Registrations often become available due to delegate cancellations. So please open this link to register on the Waitlist.
Note: There is a greater likelihood of getting into conference only rather than conference and dinner.

Please ensure you have booked your accommodation with our travel agent. The Sheraton Mirage & Palazzo Versace hotel rooms have sold out but we still have rooms available at discount rates at the newly refurbished Holiday Inn. Shuttle buses will be provided to and from the hotel. If you wish to book a room at the discount rate, please open this link.

The conference program is progressing. We will provide an update of topics and speakers in our July newsletter.

We thank our conference sponsors for their generous support.



AVCAL Awards 2007

Entries are now open for this year's AVCAL Private Equity and Venture Capital Awards.

The awards aim to recognise and reward the achievements, vision and enterprise of investors that have made the best use of private equity/venture capital to assist in the development of investee companies. In doing this the awards also showcase the significant economic benefit that the work of our early and late stage managers has to the economy through increased exports, employment and productivity.

The awards are open to Manager Members only and have six categories.

- Best Early Stage
- Best Expansion
- Best MBO < $100 million
- Best MBO $100 million to $500 million
- Best MBO > $500 million
- Best Public-to-Private

Questions, or requests for entry forms, should be directed to
Ed Day. (02) 8243 7005.

Entries close on Friday, July 27th, 2007



AVCAL State Events

QLD Lunch - High Octane Growth Through Angel Investment - Australian and US Trends

Speakers:
Prof Peter Andrews, QLD Chief Scientist
Mr Stephen Copplin, Executive Chairman, Mindworx People
Mr Ian Lowles, Director, Kidspot.com.au
Mr John Mactaggart, Managing Director, Jontra Holdings

Date: Thursday, 21st June, 2007
Venue: River Room, Stamford Plaza - Corner Edward & Margaret Streets, Brisbane QLD
Time: 12:00 midday - 2:00pm
Host: Stewart Gow, AVCAL State Convenor, Brisbane
Cost: $85 AVCAL Member incl GST & $95 Non Member incl GST
REGISTER


SA Lunch - Private Equity and your Business - A Personal Perspective

Speakers:
Geoff Thomas of Paragon Equity
Brian Dolling & Stuart Derbyshire of NuKorc

Date: Thursday,12th July, 2007
Venue: Victoria Room, Hilton Adelaide, 233 Victoria Square, Adelaide SA 5000
Time: 12:00 Midday - 2:00pm
Host: Mark Butcher, AVCAL State Convenor, South Australia
Cost: $60 AVCAL Member incl gst & $70 Non Member incl gst REGISTER


WA Breakfast - Repairing the Damaged Brain

Speaker:
Prof Lyn Beazley, WA Chief Scientist

Date: Tuesday 31st July, 2007
Venue: Swan Room, Parmelia Hotel, 14 Mill street, Perth, WA
Time: 7.00am - 9.00am
Host: Larry Lopez, RedDog Capital Partners, AVCAL State Convenor, WA
Cost: $50 AVCAL Member incl gst & $60 Non Member incl gst
REGISTER



VIC Lunch - 501 Business Forum
Private Equity Takeovers - Are they really "Barbarians at the Gate"?

Speakers:
Alan Kohler, Eureka Report & David Jones, CHAMP

Date: Friday 22nd June 2007
Venue: Level 17, City Club
Time: 12:00 midday - 2:00pm
Cost: $50 per person
REGISTER: Call Rachel Balding on (02) 9944 8987


ACT - VC Connect

Australia's leading Venture Capital firms dedicated to investing in early-stage technology companies together with successful entrepreneurs, will share their experiences of how Venture Capital works at VC Connect.

Date: Wednesday 25th July 2007
Venue: The Federal Golf Club, 999 Gowrie Drive, Red Hill, Canberra, ACT
Time: 11.45am - 5.40pm (followed by drinks & Networking)
Cost: $220 / $110 Inc. GST (Discounts available)
REGISTER



Welcome to this month's new Members

Private Equity Firms
- Fulcrum Capital Partners Limited
- KKR Japan Limited
- The Carlyle Group

Regional Corporate
- Bank of America Securities Asia Ltd
- Bell Gully
- FBR Capital Markets Corp
- Integral Capital Group Pty Ltd
- WestLB AG

Institutional Investor
- Unigestion

Angel
- Pinara Group Pty Ltd

AVCAL members are advised that membership renewals for the 2007-2008 financial year will be sent out to your nominated primary contacts within the near future.


Kind regards,


Katherine Woodthorpe
Chief Executive