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February Newsletter 2010
Dear AVCAL Colleague,

AVCAL has continued to spend a significant amount of time responding to the various tax issues that are being progressed with the ATO and the Government at the moment. In the last week we have met with the Finance Minister, Lindsay Tanner and had a very long meeting with the Assistant Treasurer, Senator Sherry. Both meetings were productive but there is still a long way to go. AVCAL also has a meeting planned this Friday with the ATO, in conjunction with the Institute of Chartered Accoutants, to discuss the recent draft determinations. Following that meeting we will organise another briefing session for our members.

Kind regards


Katherine
Chief Executive


Latest Policy and Research News

The latest mergermarket Private Equity alert

AVCAL submissions to the new R&D Tax Incentive Exposure Draft Legislation
AVCAL has submitted its response to the new R&D tax incentive exposure draft and explanatory materials released by the Treasury

AVCAL submissions to ATO on draft determinations D17 and D18
AVCAL submitted its responses to the Australian Tax Office draft determinations TD 2009/17 and TD 2009/D18, which were made available for public comment on 16 December 2009.

Click here to view past AVCAL submissions

ABS - Venture Capital and Later Stage Private Equity, Australia, 2008-09
The Australian Bureau of Statistics (ABS) has released the venture capital and later stage private equity report for FY09.

Trends in Responsible Investment in Private Equity
This discussion paper by Tom Rotherham and David Russell looks into the recent trends in Responsible Investing and its effects on the private equity investment model, both from a GP and LP perspective. It commends AVCAL's proactive approach to UNPRI.

World Economic Forum - Globalization of Alternative Investments (Volume 3)
The most recent volume of the WEF series of working papers on Globalisation of Alternative Assets looks into the governance structure of the LBO business model, employment within PE-backed companies and the maturing alternative asset sector in emerging economies.

AVCAL Networking and Professional Development

11 March - Qld MBO Networking Lunch, LCR Group Buyout - Partnering with Private Equity. Register now!

AVCAL Corporate Golf Day, 27 May 2010. Register now!

AVCAL 2010, Gold Coast, QLD
*September 22-23, Golf September 21.
There are limited places to this event.

Master of Ceremonies, Ali Moore, ABC's Lateline Business

Keynote address by Bernard Salt, KPMG Partner and renowned demographer

Global economic update by Bill Evans, Westpac

AVCAL member registrations open 9am 4 May 2010

AVCAL Partner only registrations open 9am 27 April 2010

Be registration ready by ensuring that your personal details are up to date. Update your details now!

If your PA will register you and your team, please ensure all the login information is available.

*Note this year's conference does not lead into the NSW Labor Day long weekend.

PE Boot Camp, Sydney, 22 April 2010
1 day, hands-on workshop. AVCAL members only
Covering loan documentation and restructuring. Includes leading practitioners to present.
Registrations open in the coming days. Please register your interest here
New member

Octet Joins AVCAL
Octet provides a fully unsecured & interest free B2B working capital solution. The facility is available to businesses who are purchasing goods internationally & domestically. More information click here

Other Events

AAAI 2010 National Angels Conference, Stamford Grand, Glenelg, Adelaide 17-19 February, 2010.
Meet Angel investors and innovation experts from across Australia and around the world. Register now
The 7th annual Australia & New Zealand AVCJ Private Equity & Venture Forum, 3-5 March 2010, The Westin Sydney. As an extension of its past six highly successful forums, it is already regarded as the meeting place by the industry experts across the region. Register now
AusBiotech Business Development Workshop and Forum
3 -5 March 2010, Stamford Grand Plaza Hotel, Glenelg, South Australia "Evolve to Grow"

Global Technology Symposium
ONLINE REGISTRATION OPEN 2010 Global Technology Symposium, 24-26 March, Stanford University, Palo Alto, California. The Symposium is the premiere investment conference on venture capital in emerging markets. For more information and to register, visit our website. Request the AVCAL members' discount code here.


Australian Investment Network
The Australian Investment Network is holding its first Speed Pitching events in Sydney and Melbourne in March 2010. Please write to Dr. Tania Peitzker if you'd like to experience this successful, Dragons Den inspired format for meeting entrepreneurs in a face-to-face, exclusive environment.

"Open for Business" New Zealand-Australia Investment Forum, 10 and 11 March 2010, Hyatt Regency Auckland, New Zealand. For more information click here.




RESEARCH PARTNER

Ernst & Young


AVCAL 2010 PARTNERS

BOS International

KPMG

Quadrant

Maddocks

KKR

TPG

Advent

INVESTEC

Ironbridge

AON

Next Capital

Champ Private Equity

Credit Suisse

Gallagher


DATA VENDOR

Capital IQ

Disclaimer:

AVCAL is the professionally managed industry body that promotes the Australian private equity & venture capital industry.

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