GENEVA, June 3, 2016 /PRNewswire/ --
In association with the leading financial group SYZ, ACE & Company, the international private equity firm headquartered in Geneva, held its second annual "Global Investment Forum" on June 2nd and June 3rd. This year's edition was animated around the theme of "Navigating the Challenges of Today, Finding the Opportunities of Tomorrow" and featured a remarkable list of speakers and panelists such as former French Prime Minister Dominique de Villepin, Garrett Camp, co-founder of UBER, Eric Syz, the majority shareholder and CEO of SYZ Group, Anil Srivastava, CEO of global energy solutions leader Leclanché and Jean-Pierre Roth, the former Chairman of the Swiss National Bank.
An hour before kicking off the forum, the breakfast hall of the Intercontinental Hotel in Geneva was buzzing with anticipation and chatter on the latest Private Equity insights from around the world, as asset managers, private equity visionaries and world-class entrepreneurs sipped their coffee and introduced themselves.
ACE & Company Chairman David Huyette opened the event with his take on the importance of sharing information with peers and the value of giving oneself the means to have sufficient foresight.
« The essence of every wise decision is based on the pursuit of knowledge», he explained before giving the floor to a proud and enthusiastic Adam Said, founder and Executive Director of ACE & Company.
Adam Said repeated his determination to « bring Private Equity to Geneva », in the midst of a changing $2 trillion private banking industry that is undergoing profound change. He went on to explain how private equity players could capitalize on the real economy despite higher volatility, and smaller values for individual deals given the current generalized risk aversion.
ACE & Company has made it clear it intends to become a key player of the global private equity scene. With this determined and optimistic outlook on the future growth of the company, they have compiled a dynamic and growing portfolio and have become a key player in new markets such as Myanmar, for instance. The ten year-old company has set its mind on becoming a leading provider of direct investment solutions for private investors.
Former Prime Minister Dominique de Villepin proceeded with an inspiring keynote speech about the importance of creativity, mobility and diversity, in a world economy undergoing fundamental changes. «Disruption and crisis should be taken into account in everything we do», he explained to an attentive crowd. He elaborated on the growing tensions between the elites and the working classes, as well as the conflictual relationship between businesses who strive to adapt to a new paradigm of «liberal individualism» and governments who are struggling to respond to modern challenges in policy-making and need to answer to the public who has become weary of paying the price of a troubled world economy and geopolitical chaos. He concluded his analysis with the assertion that the world is inevitably moving towards greater governmental control and that regulation will be back as a result of public demand. De Villepin closed his keynote speech by highlighting one of the central questions that will determine much of the future global dynamics; how will the US-China rivalry evolve? Will it move on to become a relationship of confrontation or cooperation?
A number of other panelists and speakers also discussed some of the driving forces in direct investment such as Iran's growing role in its region, the future of energy or the sought-after tech unicorns.
The ACE & Company Global Investment Forum, which was meant to be a one-time meeting in 2015 has known great success and has therefore become an annual event and an important date in the global Private Equity industry.
About ACE & Company: ACE & Company, co-founded in 2005 by Adam Said and Sherif El Halwagy, is a global private equity group specialized in co-investments. By combining the in-house team capabilities with those of our partners, ACE is able to source, diligence, and execute on superior investment opportunities. This collaborative vision allows for a more efficient diversification across the different investment stages of private companies globally. Within this broader set of opportunities the company strives to facilitate the efficient allocation of capital to the most attractive industries and markets on a risk adjusted basis. ACE aims to actively improve investment returns by adding strategic value to both its portfolio companies and sourcing partners by leveraging its broad investment knowledge. At the core of its philosophy, ACE strives to ensure alignment of interest of all parties by being involved in every transaction it undertakes.
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