http://www.asianfn.com/conferences/conference_pdf/Conf_Japan_2002_Brochure.p df
2002 AVF / JAPAN Global Perspective—Local Opportunities OPPORTUNITIES IN JAPANESE PRIVATE EQUITY: A CONTRARIAN VIEW The Four Seasons Hotel, Tokyo, Japan March 4-6, 2002 Sponsored by Organized by
Well, organized by American M&A/takeover specialists.
Here's a sample of what's on the program:
3:15 PM RECAPS AND DISTRESSED ASSETS
HEAVEN ON EARTH?
There’s more than one way to climb Mt. Fuji—and to
generate private equity returns in Japan. Try distressed
debt. Says one expert, “about US$300 billion has been
purchased generally on average of $0.10 on the dollar.”
>From NPLs to underwater mortgages to corporate
bankruptcies, Japan offers a potential paradise for players
with the staff to analyze thousands of individual loan
documents and the capital to tote the notes over 1-2 years.
There’s also South Korea, Indonesia and Thailand to
consider. Experts discuss what, to date, may be only the
tip of the iceberg in this little known sector.
Andrew Oksner, Head, Asian Real Estate, CDP Capital
Sekiya Koichi , Co-General Manager, Corporate Advisory
Division, The Bank of Tokyo-Mitsubishi
Jack Rodman, Managing Director, Ernst & Young Asia
Pacific Financial Solutions Group
JAPANESE BUYOUTS, MBOS AND LBOS
FOREIGN BUYERS AS THE CLEAN-UP CREW
The “Open for Business” sign hangs visibly on the door
for Japanese M&A while the statistics tell a good story.
But walk inside and only the most desperate situations
are tagged for sale to overseas acquirers (e.g., LTCB,
Seagaia or Kofuku Bank). Do Japanese remain overly
suspicious of foreign buyers and why? Or do they think
that only foreign buyers have the will and wherewithal to
do the job? What will it take for foreign buyers to be
shown the quality wares? Buyers and sellers review done
deals and analyze the factors that are critical to a
successful MBO in Japan.
Nonomiya Hiroshi, Managing Director, Ripplewood
Holdings Japan
Shizunaga Kensuke, Managing Director, The Carlyle
Group
Lawrence Miao, Managing Director, Olympus Capital
Jane Crawford, Managing Director, 3i Asia-Pacific
Moderator: Brian Bremner, Bureau Chief, BusinessWeek
You might figure Business Week's chief Japan cocksucker, Brian Bremner, is moderating for Ripplewood and Carlyle. You don't think this is a nifty follow-up to the Bush visit?
Charles Jannuzi