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Join Deutsche Bank, Itaú BBA and former Petrobras compliance officer at LL capital markets event

Join Deutsche Bank, Itaú BBA and former Petrobras compliance officer at LL capital markets event

20 November 2018

There is just one week left to register for the Latin Lawyer Live Capital Markets conference in São Paulo, where João Elek, until recently the chief governance and compliance officer of Petrobras, will deliver the afternoon keynote address.

Bolsonaro sending right signs, but investors want action

Bolsonaro sending right signs, but investors want action

29 November 2018

Brazil’s president-elect Jair Bolsonaro is sending the right message to the markets by empowering his economic advisor Paulo Guedes and putting market-trusted economists on his team, but investors want policy change before they act, agreed panellists speaking at the Latin Lawyer Live Capital Markets conference held on Tuesday in São Paulo.

Chairs

Jean Marcel Arakawa

Mattos Filho, São Paulo

Jean advises corporations, financial institutions and institutional investors in a wide array of corporate and financial transactions, securities and payment services regulatory issues. His experience includes public offerings and private placements of equity, debt and hybrid securities, listing of securities in exchange markets, private equity investments and divestments, and corporate transactions involving public companies. He is a member of the Regulatory Committee of the Brazilian Association of Venture Capital and Private Equity (ABVCAP).

Jonathan Kellner

Shearman & Sterling, São Paulo

Jonathan Kellner is the Head of Shearman & Sterling’s São Paulo office and a partner in the Corporate Group. He has lived and practiced in São Paulo for over 13 years.  His practice focuses on mergers and acquisitions, joint ventures, private equity, capital markets, bank finance and investment funds, for United States and Latin America corporations and financial institutions. Fluent in Portuguese and Spanish, Jonathan has experience working on transactions in Argentina, Brazil, Chile, Colombia, Ecuador and Mexico. Jonathan represents corporate and financial institution clients including Cyrela Commercial Properties, UOL/PagSeguro, Mubadala and Temasek

David Flechner

Shearman & Sterling, São Paulo

David Flechner is a partner in the Capital Markets practice and is based in our São Paulo office.

His practice focuses on representing financial institutions and corporate issuers across a wide range of sectors, primarily in Latin America, in debt and equity securities offerings and liability management transactions, both on an SEC-registered and exempt basis. David also has extensive experience advising leading Latin American companies and sovereign governments on SEC reporting obligations, U.S. stock exchange rules and corporate governance matters, and he has acted for lenders, arrangers and borrowers in infrastructure financings, restructurings and M&A transactions.

David has represented financial institutions and corporate clients that include Barclays, Bradesco, BRF, Citi, Credit Suisse, Deutsche Bank, HSBC, Morgan Stanley, Petrobras, Santander and Vale, as well as multilateral lenders, including the International Finance Corporation (IFC) and Inter-American Investment Corporation (IDB Invest). 

Keynote Speaker

João Elek

Former Chief Compliance and Governance Officer, Petrobras, São Paulo

Speakers

Adriano Schnur Ferreira

Machado Meyer, São Paulo

Alberto Rebaza

Rebaza, Alcázar & De Las Casas, Lima

Antonio Pereira

Co-head of Investment Banking for Brazil, Goldman Sachs, São Paulo

Camila Goldberg

Barbosa, Müssnich, Aragão, São Paulo

Carlos Mena Labarthe

Creel, García-Cuéllar, Aiza y Enríquez, Mexico City

Cynthia Catlett

FTI Consulting, São Paulo

Daniel Uzueli

Astris Finance, São Paulo

Diego Parise

Mitrani, Caballero & Ruiz Moreno, Buenos Aires

Donald Baker

White & Case, São Paulo

Eduardo Alcaro

Chief Financial & Investor Relations Officer and Chief Accounting Officer, PagSeguro, São Paulo

Fernando Almeida

Gibson, Dunn & Crutcher, São Paulo

Fernando Mirandez Del Nero Gomes

Pinheiro Neto, São Paulo

Francisco Guzmán

Carey, Santiago

Gregory Tan

Shearman & Sterling, New York

Grenfel Calheiros

Simpson Thacher & Bartlett, São Paulo

Guillermo Morales

Morales & Besa, Santiago

Luis Nicolau Gutiérrez

Ritch, Mueller, Heather y Nicolau, Mexico City

Luiz Gustavo Cherman

Head of Brazil Equity Strategy, Itaú BBA, São Paulo

Manuel Garciadiaz

Davis Polk & Wardwell, São Paulo and New York

Renato Tastardi Portella

Mattos Filho, São Paulo

Rodrigo Junqueira

Lefosse, São Paulo

Rui Alves

Head of Legal, Deutsche Bank, São Paulo

Stephen Wallenstein

Professor of the Practice of Finance, University of Maryland, Rio

8.45: Welcome coffee and registration

9.15: Chairs' welcome

Jean Marcel Arakawa, Mattos Filho, São Paulo
Jonathan Kellner and David Flechner, Shearman & Sterling, São Paulo

9.30: Brazil’s presidential and legislative elections: a decisive moment

With Brazil’s general elections taking place in October, the country will have a new president by the time of the conference. The elections will be decisive for Brazil’s capital markets, which have been volatile in the year to date. This panel will discuss the response of investment banks and companies that want to go to market in light of the outcome of presidential and legislative elections. Speakers will also consider where the CVM stands in terms of reviewing the regulatory framework for securities and assess the progress of an initiative to reduce compliance costs for market participants.

Moderator:
Rodrigo Junqueira, Lefosse, São Paulo

Speakers:
Camila Goldberg, Barbosa Müssnich Aragão, São Paulo
Donald Baker, White & Case, São Paulo
Luiz Gustavo Cherman, Head of Brazil Equity Strategy, Itaú BBA, São Paulo
Rui Alves, Head of Legal, Deutsche Bank, São Paulo

10.30: Coffee break

11.00: Notes on a scandal: the impact of anti-corruption regulation and enforcement

The recent notebook scandal in Argentina could spark a widespread crackdown on corruption reminiscent of Operation Car Wash in Brazil. Speakers will discuss the implications for Argentina’s economy and companies’ corporate responsibility, and consider how that might affect deal flow. The panel will compare the unfolding situation in Argentina with recent history in Brazil, where the subsequent increase in enforcement of anti-corruption legislation has had a deep impact on doing business. How might the Argentine authorities differ in their approach? Panelists will also discuss how the fight against corruption elsewhere in the region influences capital markets activity.

Moderator: 
Fernando Almeida, Gibson, Dunn & Crutcher, São Paulo

Speakers:
Carlos Mena Labarthe, Creel, García-Cuéllar, Aiza y Enríquez, Mexico City
Renato Tastardi Portella, Mattos Filho, São Paulo
Cynthia Catlett, FTI Consulting, São Paulo
Diego Parise, Mitrani, Caballero & Ruiz Moreno, Buenos Aires

12.00: Building bridges: private placements and multilateral support for project bonds

Infrastructure projects remain a top priority for governments around the region, and require vast sums of capital. The level of sophistication of overseas institutional investors has increased and they are being more aggressive in their terms. The panel will analyse these investors’ preference for private placement project bonds and explore the increased involvement of multilateral lenders in such deals. Speakers will also consider the smaller role multilaterals play in supporting project bonds in investment grade countries like Chile, Mexico and Uruguay compared to those in riskier markets, as well as unpicking the strategy of BNDES to foster capital markets finance for infrastructure in Brazil.

Moderator:
Stephen Wallenstein, Professor of the Practice of Finance, University of Maryland, Rio

Speakers:

Gregory Tan, Shearman & Sterling, New York
Adriano Schnur Ferreira, Machado Meyer, São Paulo
Daniel Uzueli, Astris Finance, São Paulo

13.00: Networking lunch

14.15: Keynote address

João Elek, Former Chief Compliance and Governance Officer, Petrobras, São Paulo

15.00: A land of unicorns? Venture capital and the allure of fintech

Earlier this year, PagSeguro became the first Brazilian fintech provider to list its shares on the New York Stock Exchange with a US$2.6 billion IPO. Fintech is a hot industry in Latin America. It is attracting venture capital in core markets such as Mexico and Colombia, where Rappi, a new on-demand delivery start-up, recently raised its valuation to over US$1 billion. Rappi became the region’s second ‘unicorn’ after São Paulo start-up Nubank’s valuation exceeded the billion dollar mark with new venture capital funding earlier in the year. But there are lingering risks that appropriate local fintech regulation has not kept apace with innovation, evident in the Argentine government’s handling of the growth and planned break-up of payment services player Prisma. Speakers on this panel will analyse the opportunities and challenges in this new market.

Moderator:
Grenfel Calheiros, Simpson Thacher & Bartlett, São Paulo

Speakers:
Eduardo Alcaro, Chief Financial & Investor Relations Officer and Chief Accounting Officer, PagSeguro, São Paulo
Fernando Mirandez, Pinheiro Neto, São Paulo 
Alberto Rebaza, Rebaza, Alcázar & de las Casas, Lima
Francisco Guzmán, Carey, Santiago

16.00: Coffee break

16.30: Location, location, location: how to choose a listing venue

Choosing where to list a company can have a profound influence on the success of a flotation. What works for one company could have significantly different results for another. Global exchanges have long competed to list companies from emerging markets, and some Latin American regional exchanges are starting to enter the fray. Speakers will assess the pros and cons of global, dual and single market listings and discuss the factors that lead companies to choose one path over another, such as its target investors or the complexity of regulation. The panel will also assess the advantages of Latin American companies choosing listing venues outside of their jurisdiction if there is not enough capital available at home.

Moderator:
Manuel Garciadiaz, Davis Polk & Wardwell, New York

Speakers:
Jean Marcel Arakawa, Mattos Filho, São Paulo
Antonio Pereira, Co-head of Investment Banking for Brazil, Goldman Sachs, São Paulo
Guillermo Morales, Morales & Besa, Santiago
Luis Nicolau Gutiérrez, Ritch, Mueller, Heather y Nicolau, Mexico City

17.30: Chairs' closing remarks

Jean Marcel Arakawa, Mattos Filho, São Paulo
Jonathan Kellner and David Flechner, Shearman & Sterling, São Paulo

17.45 onwards: All delegates are invited to attend a drinks reception kindly hosted by Mattos Filho

Venue

Tivoli Mofarrej São Paulo Hotel, Alameda Santos, 1437 - Cerqueira César, São Paulo - SP, 01419-001, Brazil

Private Practitioner
Type Price Until
Super Early $400 

12 Oct 2018

Early $500 9 Nov 2018
Standard $600 27 Nov 2018

 

In-house/governmental
Standard Complimentary