| Dear AVCAL Colleague|
is currently working on a number of different policy fronts. We have
been meeting with the "Australia as a Financial Centre Forum"
secretariat about barriers to encouraging the funds management
industry in Australia. They have been very diligent in canvassing
the issues and discussing them in depth.
AVCAL has also
continued to discuss the problems facing the VC fund managers and
were pleased to see the first stage of assistance with the
announcement of the IIFF (follow-on funding) support. We are
disappointed that it only applies to a very limited number of
companies that have already had IIF/PSF or BITS investment but hope
that continued discussions with the Minister and department will
lead to broader support for the industry.
May, Victorian Networking Lunch, Partnered by Gallagher and Ernst
We will launch the new AVCAL report, Value
Capital, the Evolution of Venture Capital and Private Equity in
Australia. This report traces the most recent history of our
industry and is backed by research and commentary from industry
Join me with a panel of Roger Harley - Fawkner
Capital and Venture Capital Committee Member, Rupert Harrington -
Advent Capital, Geoff Brooke - GBS Ventures and Ernst & Young to
discuss where the industry has come from and where its going
2009 Conference, 29 Sept - Golf, 30 Sept-1 Oct Conference
The Conference is shaping up well for this
year. We've confirmed Bill Evans as a key-note speaker and we are
confirming the plenary program now.
Some new features to the
||LP only events program 29 September/30
||New format for the Conference dinner - dining
around the pool, hawker style|
||New style AVCAL Awards program plus new award
category - nominations open
We have confirmed 21 partners
for the Conference this year. If you are interested to find out how
you can leverage from their exclusive benefits, then contact us.
ready for registration
Here are some tips that will
make you registration - ready on 19 May 2009.
must be a fully financial AVCAL member to register for the
Conference. Having a registered user ID does not mean you are a
member. Contact us if you are unsure.
Update your details via http://www.tippingpoint.com.au/avcal/redirect.asp?preview=&firstname=*FName&id=173&linkid=1067
Ensure that you know your user name and password and have these
handy on 19 May
4. If you are registering more than
one person, make sure you have all user names and passwords
available to you, as well as credit card details, dietary
requirements etc. (Each registration is processed
5. We will only be accepting credit cards
this year for payment.
6. If your organisation will be
processing multiple registrations, consider appointing a coordinator
to manage the process.
7. Your membership profile
dictates how many people may attend the Conference. More details here.
registration is considered accepted until you receive an email from
our Member Services area confirming your
9. Travel and accommodation should be
booked through our Travel Partner, CTM. A link to their online
booking system will be available via the AVCAL website. We suggest
that you have a confirmed registration before committing to
non-refundable travel bookings.
registrations include all conference catering and official events.
Golf is extra
AVCAL Award nominations will be opened
shortly. More details will be emailed to you including award
categories, nomination process and closing dates. We have a new
award category to announce as well.
Review the 2008 categories and
APRA wrote to Trustees on 16 Apr 2009
outlining its expectations on valuation practices for unlisted
assets. Read it here
IPEV recently released a comment letter on IASB Exposure Draft ED10
Consolidated Financial Statements.
Click here to view the latest mergermarket
Private Equity alert.
Click here to view the mergermarket
Preliminary Global M&A round-up for the first quarter of
The Thomson Reuters Deals Intelligence report
gives a snapshot of global deal figures, league tables, regional
deals matrix, top industry deals and a deal fees analysis. Click here to view
The Thomson Reuters
Asia-Pacific Private Equity 2008 report (incl. Australia),
outlines investments and fundraising activity in the region. Click here to view.
The Zephyr (by
Bureau van Dijk) Cleantech Report (Feb 2009) provides details on
global cleantech deal activity, with links to Excel data. Read the report here.
SA Networking Lunch- Blue Sky
Private Equity - Mark Sowerby, 23 April. Register now. Private Equity Investing in
VIC Networking Lunch- 1 May. Register now Launch of the new AVCAL report,
Value Capital, the Evolution of VC & PE in Australia.
NSW Golf Day, 11 June. Register early to avoid disappointment.
QLD Networking Lunch, 25th June - Register Now
The Hon. Kim Carr
addresses AVCAL Members at the NSW Lunch 9 July and we'll launch
of latest edition of Enterprise and Venture Capital, 5th Edition. Register now to secure your place
Our new website is well on its way. We
expect to launch within a week or so. Some of the new features that
you'll enjoy include:
||More accessible information and
||Access key reports with
||Get right to events with one
||See the news as it relates to our industry on
||Members only access
8th China Private Equity Summit 2009- 1
June 2009.Enjoy member rates for AVCAL members upon registration.
For more information please click here.
2009 - June 11th-12th, 2009 - Griffith University, Gold Coast.
For more information
Mining & Exploration 2009
21 - 22nd September 2009,
Hilton Hotel, Sydney. More details.
The $28 million Smart SMEs Market
Validation Program . For more information on eligibility and
application submission, please visit http://www.tippingpoint.com.au/avcal/redirect.asp?preview=&firstname=*FName&id=173&linkid=1022
or contact the Smart SMEs MVP project team, Margot Ingolby (tel:
9655 1088), Pia Herbert (tel: 9655 1027) or Sherene Alexander (tel:
Registration under the
Government's Early Stage Venture Capital Limited Partnerships
program could make your fund more attractive to investors. Click here for more information.
AVCAL is the professionally
managed industry body that promotes the Australian private equity &
venture capital industry.
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