Global AgInvesting 2012 - My Agenda | Online Registration by Cvent

https://www.cvent.com/Events/Registrations/OnsiteMyAgendaPrinterFriendly.aspx

Global AgInvesting 2012

Monday, April 23
Pre-Conference Seminar: Short Course in Ag Fundamentals For investors interested in developing a deeper understanding of the compelling fundamentals driving the ag sector. Hear from leading analysts, academics and economists. (ADDITIONAL REGISTRATION REQUIRED) 1:30-2:15 Agriculture as an Emerging Asset Class 2:15-3:00 Global Fundamentals to 2020 3:00-3:30 Coffee Break 3:30-4:15 The Role of Water Resources in Farmland Valuations 4:15-5:00 Short Course Question & Answer Session Our three experts will hold a joint Q&A which will allow for discussion among the lecturers as well as with the audience. 5:00-6:00 Cocktail Reception and Early Check-In (for all attendees)

Tuesday, April 24, 2012 7:30-8:00 Conference Registration 8:00-8:30 Opening Remarks Investing in Agriculture
What is the current status of agriculture as an asset class and what have been the major developments within the past year? How should investors think about the different exposures (both liquid and illiquid) when developing their agriculture portfolio? What are the choices and what are the associated risk/return trade-offs they must consider?

8:30-9:45 End Investor Perspectives on Agriculture Investing

Investments in agriculture are expected to increase from 1% to 5% of institutional portfolios within the next five years. Hear from an international panel of trailblazing institutional and family office investors who will discuss their experiences exploring and allocating capital to this emerging asset class. What is the role of ag within the broader portfolio? What was the research process used before making the decision to invest in the agriculture sector? How much weight is put on liquid vs. illiquid vehicles in the ag space? How does farmland resemble timber? How does it differ? How should one identify and select managers? How does one perform due diligence on a farm manager?

9:45-10:15 Coffee Break

10:15-11:15 Diversified Ag Strategies

As most strategies in the ag space currently are narrowly focused, investors place commitments with multiple managers who offer a single strategy. Learn from this group of industry veterans how a number of single managers are providing investors with diversified offerings internally. How important is diversification in an agriculture investment portfolio? What are the different models managers pursue to provide diversification (global farmland vs. family of funds vs. multi-manager vs. vertical investments along the supply chain)? What degree of diversification do the various models provide? What are the trade-offs for end investors between a single diversified strategy and making multiple commitments to achieve diversification within their own allocation?

1 of 6

4/10/12 3:44 PM

acquiring developed cropland vs. mixed development of timber and cropland?

12:15-1:30 Networking Lunch

1:30-2:30 Ag Private Equity

Within the illiquid ag investment models, much of the focus is on farmland and primary production agric Gain alternative perspective from private equity managers whose strategies focus on various downstrea activities along the supply chain, including processing, storage, transportation/logistics, protein produc and more, representing ag exposure with very different risk and return profiles.

What are the most compelling private equity plays within agriculture and its surrounding themes? What is the typical deal size and return expectation for these strategies? How do supply chain strategies compare to pure plays in primary production? How does ag private equity compare to direct investments, farmland funds, venture capital and ag equities for the end investor in terms of risks and returns?

2:30-3:00 Coffee Break 3:00-5:00 Concurrent Sessions

TRACK A
3:00-4:00 Venture Capital

As investors at every level are considering scarcity-driven investments, venture capital investors are ey agriculture technologies as a way forward from some of the disappointments from cleantech in the past decade. Savvy investors are looking for IP in precision technology, soil monitoring, seed trait genetics, irrigation systems, crop protection and more.

How can venture capitalists access agriculture as an asset class? What are the needs of farmers looking at new tech to improve efficiencies and increase revenues? With major agribusinesses forming their own venture investment arms, do mainstream VCs stand chance of getting in on the ground floor of a truly disruptive ag technology? What is the outlook for agtech deal flow? How can the most disruptive technologies be made affordable for the farmer? How does the due diligence process differ between agtech and cleantech? Will acquisitions by major agribusiness be the go-to exit, or will IPOs still play a role? With so few success stories to reference, will trepidation trump temerity?

4:00-5:00 Ag Biotech

From the days of the Flavr Savr Tomato to Round-up Ready to the more recent Frankenfood frenzy, international public perception is now beginning to shift to at least consider agricultural biotechnology a prices have doubled in the last three years. The right technology can positively impact the trajectory of global food system, but in the biotech business that can be a 12-year proposition. What lessons were learned from the first generation of biotech? What are the challenges to farmers growing the next generation? How can we expedite the process from back crop to commercial crop? How does ag biotech resemble life sciences from an investment perspective?

2 of 6

3:00-4:00 Central & Eastern European/Former Soviet Union Farmland

Eastern Europe and the former Soviet Union present opportunities to acquire and produce on large-scale of some of the best quality land in the world. After decades of underinvestment, the implementation of m agricultural practices can often double the productivity of the land. Hear from a panel of leading manage the Black Earth region with varying approaches in terms of geography, structure and execution.

What are the particular challenges and opportunities in this region compared to the global landsca What can investors expect with regards to risk profiles in CEE/FSU country to country, and how do managers tackle these issues to ensure success? How do the return expectations in the region compare to other geographies?

4:00-5:00 Transportation & Infrastructure

As more uncultivated farmland comes into play worldwide, transporting increased crop volumes to mark likely to experience more frequent bottlenecks. Emerging markets will require massive investments for greenfield projects while the developed world struggles to make improvements to infrastructure that ha deteriorating for decades. Estimates indicating that over $2 trillion is needed in the US alone, underscor great need for private capital to finance infrastructure development and repairs, and the potential for st returns from a long-term investment.

With major ag potential in uncultivated territory, the 2016 Olympic Games and the 2014 World Cu well as a supportive political climate, how can investors take advantage immediate infrastructure opportunities in Brazil? What are the challenges of working in P3, PE, BOO, BOT and concessions? How does one find the right partner for a long-term investment, especially when working internat What kind of risk-return profiles can be expected from the different sectors along the supply chain including shipping, toll roads, rail, storage facilities, etc.? How does one navigate through federal, municipal, and provincial governments? Which countries offer the most welcoming environment for investors?

5:00-6:00 Networking Cocktail Reception

Wednesday, April 25, 2012 8:00-8:30 Continental Breakfast 8:30-10:30 Concurrent Sessions Continue

TRACK A
8:30-9:30 Water: Navigating the Waters and Finding Global Opportunities in a Local Resource

Demand for water is expected to double in the next twenty years, with some analysts putting the need f worldwide water investment at over $800 billion within the next decade. Without rapid market penetrat simple trading scheme, or even a clear understanding of water rights between states, let alone internati water poses a real challenge to investors who view it clearly as an opportunity while lacking an obvious implementation strategy. What are the real economic opportunities in water now?

3 of 6

9:30-10:30 Enabling Technologies

A variety of modern technologies will help to enhance investor returns in agriculture, including GIS anal potential land acquisitions, GPS-guided precision agriculture, soil monitoring systems, animal diagnostic more. Hear from some of the leading providers of these enabling technologies and discover how they wi farm managers improve yields, soil health and investor returns.

TRACK B
8:30-9:30 Beyond Row Crops: Dairy, Livestock and Permanent Crops

Much of the current public and media perception of ag investing centers on farmland and infrastructure involved in major commodity crop production, active institutional investors have been financing perman crops and animal protein production for many years. With increasing demand for more varied diets acro developed world and the dramatic shift from grain-based diets to animal protein consumption occurring developing economies, opportunities for investing in these ag sub-sectors are increasing and attracting significant levels of investment capital.

What are the fundamental drivers that are creating opportunities for investment in these sectors? Why is 2012 an attractive time to allocate capital to dairy and livestock? Why does an allocation to permanent crops make sense for a diversified portfolio? What different operating models have been developed in order to realize attractive returns for inv Which types of production and regions of the world present attractive opportunities for these prod What additional items investors should consider when reviewing investment opportunities outside crops?

9:30-10:30 Aquaculture

The worlds wild fish stocks are depleting due to issues associated with climate change as well as comm overfishing. Global aquaculture production will have to increase to satisfy the growing demand for anim protein, particularly fish protein in Asia. From genetically modified salmon to environmental challenges, nascent industry faces hurdles including public perception risks as well as safety and traceability issues with these challenges come limitless possibilities for new technologies, processes, habitats and feed.

How are investors looking at this space, and where are the most immediate opportunities? What are the investment opportunities for fishmeal replacement? What are the environmental concerns with large-scale aquaculture operations, and how are these addressed? How can institutional investors include aquaculture in the overall portfolio? Where in the world are the best risk/return profiles for aquaculture?

10:30-11:00 Coffee Break

General Session Resumes

11:00-12:00 Liquid Ag Investing Strategies

In todays unpredictable economy, many investors look to increase their exposure to agriculture while

4 of 6

North America is the most mature market for farmland investment, with a history of institutional owner dating back decades. While it does not offer the return potential of the developing world, the U.S. and C still provide a very attractive opportunity for investors with appropriate objectives. Hear from a panel of managers with different strategies for how they approach the North American market. Where are the opportunities geographically and by crop? How do managers add value to enhance returns? Will the inflow of investment capital move the markets? How will the 2012 farm bill affect the investment community? What are the risk implications of the aging farming population in the US?

1:00-2:15 Networking Lunch

2:15-3:15 African Farmland

With a sizable percentage of the globes reserves of potential rain-fed cropland, Africa will one day beco breadbasket for both domestic and export markets. As most of the continent has never employed moder techniques for agricultural production, processing and transportation, producers often lack basic infrast crop varieties optimized for local conditions and other tools commonly available in more developed regio However, for the handful of managers pioneering agricultural production in Africa, returns outweigh the challenges. Where are the most attractive opportunities in Africa? What are the particular political challenges and how have the managers addressed them? How can managers assure transparency in their negotiations of large-scale land acquisitions and long-term concessions? How do managers strategies in Africa address the issues of smallholders? Which organizations are providing investment guarantees for foreign investors?

3:15-4:15 - Responsible Investing in Agriculture

Development of large-scale agriculture is considered a key factor to ensuring the ability to feed a growin world population. Yet, as institutional and corporate investment in large-scale agriculture expands, tens have arisen over the potential displacement of smallholders and the risk of environmental degradation o undeveloped lands. While there have been abuses, agricultural operations backed by institutional invest generally have a strong sense of social, economic and environmental stewardship. Hear from leading pla the global agricultural investment arena about how they champion the triple bottom line as well as new business models that are being developed to sustainably increase agriculture production.

4:15-4:30 Networking Lunch

4:15-4:30 Conference Concludes

THIS AGENDA IS SUBJECT TO CHANGE

5 of 6

6 of 6