EVCA
Programme Wednesday 1 October 2003
Programme Thursday 2 October 2003
Programme Friday 3 October 2003
 
WEDNESDAY 1 October 2003

17.00

Registration

19.00

Welcome Reception


THURSDAY 2 October 2003

08.30
 
Registration

09.00

Welcome

Jean-Bernard Schmidt, EVCA Chairman 2003-2004, Sofinnova Partners Presentation (.ppt), Speech (.pdf)

09.10
 
Introduction by the Chairman of the Conference
Paul Harvey, Goldman Sachs International Limited

Presentation of 2nd Quarter Figures Money for Growth report 2002
Keith Arundale, PricewaterhouseCoopers Global Technology Industry Group Presentation (.ppt)
Gemma Postlethwaite, Thomson Venture Economics Presentation (.ppt)

09.30

Keynote Speaker - Trends in ICT
Eric Benhamou, Chairman of the Board of Directors of 3Com Corporation, of Palm Inc and of PalmSource Inc Presentation (.ppt)

10.15


Coffee Break


11.00

Panel Discussion: Changes in the VC Industry

Moderator: David Hutchings, Cambridge Associates Ltd
Speakers: Dirk Kanngiesser, PolyTechnos Venture-Partners GmbH
Michael Elias, Kennet Venture Partners Ltd
Susan Searle, Imperial Innovations
Mark Evans, Benchmark Capital Europe Fund

Topics include:
Changes in VC investment strategy - responsiveness to market change or lack of investment discipline?
Are there too many European VC practitioners?
Reorganisation and restructuring of VC management companies
Consolidation in the European VC industry
The evolution of fund sizes; what will we see in 2003-2005?

11.45

Panel Discussion: VC Models for High-Tech Venture in Europe
Moderator: Joe Golden, Accel Partners
Speakers: Neil Rimer, Index Ventures
Rolf Dienst, Wellington Partners Venture Capital GmbH
Staffan Ingeborn, InnovationsKapital
Mike Risman, Apax Partners
Charles Irving, Pond Venture Partners

Topics include:
Geographic focus - narrow vs broad
Size and scale of management company
Segment/sector specialisation - focused vs generalist
National vs global approach to building businesses
Liquidity routes - M&A, European exchanges and US exchanges
Competition - syndication approach or ‘go it alone’
Can a US model for Tech VC work in Europe?

12.30

Lunch Sponsored by: Ernst & Young

14.00

Life Sciences Keynote Speaker - Consolidation and the European Biotechnology Sector Introduced by: Sofinnova Partners
Peter Fellner, Chairman, Celltech Group Presentation (.ppt)

14.45

Relocation to break-out rooms

15.00

Break-out Panel Sessions:

Semiconductors - evolution of business models and implications of Moore’s Law in 2003
Moderator: Hermann Hauser, Amadeus Capital Partners Limited
Speakers:
Stuart Evans, Plastic Logic Ltd Presentation (.ppt)
Shlomo Caine, Intel Electronics Ltd
Andrew Griffin, Merrill Lynch Presentation (.ppt)
Rahul Sud, STMicroelectronics Presentation (.pdf)
IT Security
Moderator: David Carratt, Kennet Venture Partners Ltd
Speakers:
Patrick Jolly, SurfControl
Anne-Marie Roussel, Gartner Research Europe
Wireless Data
Moderator: Kaj-Erik Relander, Accel Partners
Speakers:
Shigeki Ishizuka, DoCoMo Europe Presentation (.ppt)
Tim Boddy, Goldman Sachs Presentation (.ppt)
Stan Boland, Icera Presentation (.ppt)
Consolidation and the Future for European Biotech
Moderator: Kate Bingham, Schroder Ventures Life Sciences Presentation (.ppt)
Speakers:
David U’Prichard, Apax Partners Ltd Presentation (.ppt)
Glyn Edwards, Antisoma Plc Presentation (.ppt)
Simon Sturge, British Biotech Presentation (.ppt)
Ian Crosbie, Gargoyle Associates Presentation (.ppt)

15.45

Coffee Break

16.30

Break-out Panel Sessions:

Consumer Electronics products and technologies
Moderator: Bo Ilsoe, Vertex Management UK Ltd Presentation (.ppt)
Speakers:
Bob Heile, ZigBee Alliance Presentation (.ppt)
Timo Poikolainen, Nokia Mobile Software Presentation (.ppt)
Wouter Jonk, Philips Corporate Venturing Presentation (.ppt)
Material Science/Nanotechnology
Moderator: David Ward, MTI Partners Ltd Presentation (.ppt)
Speakers:
Ged O’Neill, Hammonds
Dieter Distler, BASF
Nick How, NTera Ltd
Eric Mayes, Nanomagnetics Ltd
On-Line Services
Moderator: Daniel Rimer, Index Ventures
Speakers:
Simon Levene, Yahoo!
Jonathan Bunis, FindWhat
Stefan Glänzer, 20six
Medical Devices
Moderator: Antoine Papiernik, Sofinnova Partners Presentation (.ppt)
Speakers:
Denis Fabre, Bear Stearns International Ltd, Healthcare Investment Banking Presentation (.ppt)
Alistair Taylor, Lombard Medical Presentation (.ppt)
Andrew M Weiss, Medtronic

17.15

End of sessions

20.00

Dinner


FRIDAY 3 October 2003

09.00

Welcome and Conclusions of Day One by the Chairman of the Conference
Paul Harvey, Goldman Sachs International Limited

09.15

Panel Discussion: LP Views on European Tech VC
Moderator: Peter Wilson, HarbourVest Partners (UK) Ltd
Speakers: Joost Holleman, NIB Capital Private Equity NV
Ted McCaffrey, Bank of America Capital Partners
Sergey Sheshuryak, Adams Street Partners Ltd
Billy Gilmore, Scottish Widows Investment Relationship

Topics include:
What is the level of confidence in the European VC asset class?
What are LPs’ current criteria for backing European VC firms?
What will LPs be looking for as they consider follow-on funds in the next 2-3 years?
Have LPs changed their allocation to European VC?

10.00

Round-Table Discussions: Performance Reporting

Valuation Methodologies
Moderator: Philippe Poggioli, Access Capital Partners
Transparency and Disclosure
Moderator: Carol Kennedy, Pantheon Ventures Ltd
Fund Performance Measurement
Moderator: Thomas Kohlmeyer, EXTOREL Private Equity Advisers


Round-Table Discussions: Portfolio Company Issues

Corporate Investors - Have they disappeared?
Moderator: Alan Duncan, Prelude Ventures Ltd
VC Deal Structures in 2003 - Valuations and Preferences
Moderator: Victor Basta, Arma Partners Ltd
VC Director Liabilities and Responsibilities
Moderator: Perry Yam, SJ Berwin
Management Incentives in Portfolio Companies - Have they changed?
Moderator: Paul Gillespie, Gillamor Stephens
The Importance of Capital Efficiency & How to Make Start-ups Look Solid to Customers
Moderator: Joachim G Taiber, BMW AG

11.00

Coffee Break

11.45

Keynote Speaker

Paul Deninger, Chairman and CEO, Broadview Presentation (.ppt)

12.30

Closing Remarks and Conclusions

12.45

Lunch

15.00

Social Event (optional)


Pocket Programme sponsored by: GIMV
Delegate Packs sponsored by: Ventech
Audiovisuals provided by: Abbit


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