The Nigerian Pensions industry has undergone structural reform in the last 6 years and continues to evolve under the guidance of The National Pension Commission (Pencom) and the Securities and Exchange Commission (SEC) to allow pensions assets be invested safely for maximum return to meet pension scheme commitments and pension fund managers’ investment return objectives.
As part of this evolution, under the Pensions Reform Act 2004, pension funds were allowed to expand their investment asset classes to include an allocation of up to 25% in public equities that meet the requirements set by Pencom.
Pencom is considering extending the pensions investment asset class types further to include private equity and published draft proposals for doing so in September 2010.
It is within this context that Henshaw Capital Partners is hosting this seminar on Nigerian Pensions and Private Equity.
The objective of the training seminar is to raise awareness of the issues, options and best practice for pensions investment in private equity and to provide examples of successful pensions investing in private equity as well as highlight some of the pitfalls.
Keynote Speakers and Topics:
Private Equity Investing-
Thomas Yves Henri Foussé, Partner and Head of Investor Relations, The Carlyle Group
The Carlyle Group is a global alternative asset manager with more than $90.9 billion under management, with 66 funds, a team of 400+ investment professionals operating out of offices in 19 countries in North America, Europe, Asia, Australia, the Middle East/North Africa and Latin America.
Fund Selection –
Kathleen Danoher, Independent Private Equity Investment Advisor
Ms. Donaher has 17 years experience in financial services. She has been an advisory partner for South African firms; Capitalworks Investment Partners and Old Mutual Investment Group’s International Fund of Funds since 2007. Kathleen has consulted to several finance institutions including the CDC (UK) and Saudi National Commercial Bank on principal investment in Sub-Saharan Africa, China and India. She participates on boards of international private equity funds, including the Carlyle Group, Navis Asia Partners and Nectar Capital (UK) and served as a member of the general partner of Invesco Private Capital based in London, co-managing principal investment activities for INVESCO’s $600mn Non-US investment pool as part of a $2.3bn programme for eight years.
The Nigerian Private Equity Initiative –
Barbara James, Founder and CEO, Henshaw Capital Partners and former Managing Director, African Venture Capital Association. Henshaw are organizers of the National Private Equity Initiative to raise awareness of private equity and venture capital to grow businesses and create jobs, supported by the Federal Ministry of Finance.
Who should attend:
Pension Fund Administrators
Closed Pension Fund Administrators
Private Equity and Venture Capital Fund Managers
Service providers to the Pensions and PE Industry