If this email does not display correctly, click here.
April Newsletter 20/04/2011
Dear AVCAL Colleague, We've been extremely busy with our stakeholder committees and working groups over the last few weeks. These groups are important for developing the agenda and highlighting issues for AVCAL's Executive to address. We've formed a new stakeholder group focused on Growth Funds. Their mandate will be to drive opportunities and improve the environment for Growth PE in Australia. There will be a special panel session at the conference which will be tailored to their issues. Tax The latest instalment in the tax issues is the deferral of the new tax system for Managed Investment Trusts to July 2012. AVCAL has made it clear to the Assistant Treasurer and Treasury that we support the deferral of the implementation of the MIT Regime provided the draft rules are released in time to allow proper consultation by the industry as well as sufficient lead time to implement any system changes that may be required. Mark the dates and place for AVCAL 2011, 18th annual Conference Sheraton Mirage Resort & Spa,Gold Coast, QLD 21-22 September, 2011 Member registrations open 9am 31 May 2011 via online email link AVCAL partners open 9am 17 May 2011 via online email link Latest Conference Program includes keynote addresses from Stewart Kohl, Co-founder, The Riverside Company Bill Evans, Global Economist, Westpac Hugh Bradlow, Chief Technology Officer, Telstra Corporation This link will be updated as we get closer and the program is finalised. Since we're only six weeks away from official conference opening, it's a good time to get your personal records in order via our website. Remember, AVCAL 2011 is a members-only event. If you'd like to explore the benefits of membership, you can do so by visiting our website. We've also put a list of handy tips here for you to help prepare you to be ready to register. Kind Regards Katherine Chief Executive Latest Policy and Research News Australia PE & VC generates attractive returns, according to new benchmark index The first Australia Private Equity and Venture Capital Index is a result of a strategic partnership between AVCAL and Cambridge Associates. The report summarises the benchmark returns for the Australian PE and VC industry as of Q2 2010. Australian PE and VC generated attractive returns over 1, 3 and 5 Years, relative to S&P/ASX 300 and S&P/ASX Small Ordinaries according to this index. Preqin Australian Investor Outlook: Private Equity Read this report by Preqin on Australian investor outlook and asset allocation plans in private equity for 2011 and beyond. The report was a recent undertaking by AVCAL in association with Preqin to canvass the opinions of leading institutional investors in private equity and venture capital. mergermarket Australian M&A round-up Q1 2011 This report by mergermarket summarises the Australian M&A market for the first quarter of 2011. Figures show that Australian M&A did not continue to perform as well as it did in late 2010. Total deal value dipped 75.5% from Q4 2010 to USD10.1 billion in Q1 2011. Bain & Company global private equity report 2010 Read the recently released 2010 report on global private equity by Bain & Company. The report assesses the current private equity environment and, potential opportunities and issues over the next 12 months. Thomson Reuters - Global mergers and acquisitions review Read this recent report by Thomson Reuters on global M&A activities for the first quarter of 2011. Capital IQ Special Offer for AVCAL Members Capital IQ is currently offering AVCAL members a 2 month free trial for new subscribers. Preqin Special Offer for AVCAL Members Preqin is offering AVCAL members the chance to subscribe to their services at a discounted rate. First-time subscribers will receive a USD 250 discount on any product or publication worth USD 1000 or more. mergermarket Special Offer for AVCAL Members mergermarket is offering a free trial to AVCAL members and an additional free 2 month access for any subsequent NEW subscribers to the service (14 months for the price of 12) Send us your news! With deal and fundraising activity picking up, we're keen to ensure our readers can stay up to date with the latest developments on this front. If you are a GP, do send us your news releases on your latest activities, or success stories, and we will be happy to post them up on our website and in future newsletters. AVCAL Professional Development for 2011 PE101 Proudly Partnered by Corrs Westgarth Chambers Melbourne - 6 May 2011. Register now AVCAL CFO Forum- *GP Members Only Proudly Partnered by Ernst & Young Sydney - 26 May 2011. Register now PE101 Proudly Partnered by Credit Suisse Sydney - 17 June 2011. Register now AVCAL Networking for 2011 United Malt Holding Case studies Proudly Partnered by Mallesons Stephen Jaques Brisbane - 11 August 2011. Register now Peplin Case Study Series Proudly Partnered by Corrs Chambers Westgarth Melbourne - 22 July 2011. Register now Mark your diary AVCAL Conference 2011, Gold Coast Golf 20 September Conference 21-22 September. More information here Other Events The Private Wealth Forum The Private Wealth Forum examines wealth psychology and how new wealth owners manage life transitions. The forum sets a benchmark for thought leadership for entrepreneurs, new inheritors of wealth and their key advisers. The Mining Investment & Finance Fundamentals This conference provides a critical in-depth review on maximising mining sector investment returns. SYDNEY, May 31st - June 2nd 2011. 10% discount for AVCAL members.	RESEARCH PARTNERS AVCAL 2011 PARTNERS DATA VENDOR
Disclaimer: AVCAL is the professionally managed industry body that promotes the Australian private equity & venture capital industry. The information contained in this e-mail, and any attachments to it, is intended for the use of the addressee and is confidential. If you are not the intended recipient you must not use, disclose, read, forward, copy or retain any of the information. If you have received this e-mail in error, please delete it and notify the sender by return e-mail or telephone. AVCAL does not warrant that any attachments are free from viruses or any other defects. You assume all liability for any loss, damage or other consequences which may arise from opening or using the attachments.