Global Investing Group

Frontier Markets and the BUILD Act

December 9, 2019 | 8:30 AM - 12:00 PM

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Overview

With the passage of the BUILD Act in October 2018, the Overseas Private Investment Corporation (OPIC) will have its investment mandate expanded from $30 billion to $60 billion to invest in private markets in frontier markets of the developing world.  In so doing, OPIC will transition into the U.S. International Development Finance Corporation (DFC) to bring together the capabilities of OPIC and USAID’s Development Credit Authority.  The DFC and its mandate go into effect October 1, 2019.

This event seeks to provide the details of these developments after two months will have elapsed and working structures are beginning to coalesce.  The questions to be answered are:

  • What is the thinking behind this act and the relevant details?
  • Why should financial firms care about this?  What are the potential benefits?
  • What partnerships will be available to work with the DFC?
  • Is the DFC now a distribution channel for originated dealflow?  If so, what types and the criteria?
  • With the steady high GDP growth in many frontier market countries, where are the bright spots, promising sectors, emerging middle class, etc.?

Attendees will come away with a better understanding of relevant developments particularly germane to family offices and private equity/debt firms.

Agenda

8:30 AM | REGISTRATION & NETWORKING

9:15 AM | OPENING REMARKS

Jay Collins, Vice Chairman of Investment and Corporate Bank, Citi

9:30 AM | FIRESIDE CHAT

Wade Warren, Chief Strategy Officer, International Development- Deloitte Consulting

Rob Mosbacher, Jr., former Head of OPIC

10:15 AM | PANEL DISCUSSION

Moderator

Steven Grin, Managing Partner at Lateral Capital

Panelists

Justin DeAngelis, Partner in the International Power Fund, Denham Capital

Kenneth Hansen, Partner (Project Finance), Norton Rose Fulbright LLP

Isaiah Schulze, CFA, Managing Director, Cerberus Capital Management

11:20 AM |  Q & A

11:30 AM | NETWORKING & RECEPTION

Additional Details

Learning Outcomes

  • New opportunities in emerging markets due to government policy changes
  • How to work with a new government agency for project funding
  • Opportunities for private equity, private debt, venture capital, and family offices
     

Additional Thanks to Our Event Partner:

Society for International Development

Washington Chapter

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