for their private equity structures, whether that is for a start-up PE fund looking to implement

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1 Yasir Aziz Audit Director Deloitte LLP Yasir is an audit director in the Investment Management and Private Equity Group in London. He has over ten years experience in Financial Services providing both advisory and assurance services, focusing on Private Equity. His experience includes audits of private equity funds and managers as well as transaction support, valuation reviews, carried interest verifications and track record reporting as well as a number of other assurance engagements for his clients across the industry. Yasir specialises in the audit of private equity funds and managers, including providing regulatory reviews, investment governance reviews and controls assurance engagements within the industry. Yasir has particular experience in performing valuation reviews, including review of valuation policies and best practices and advising on best practice investor reporting. Further, Yasir has helped PE funds assess their controls and processes for their private equity structures, whether that is for a start-up PE fund looking to implement processes for the first time or an established fund requireing benchmarking of their controls. Yasir has also worked in New York within the Deloitte US firm where he served on a number of large hedge funds. Yasir has wide experience in financial reporting in UK, US and International standards. Yasir has presented on topics such as IFRS 9, IFRS 10, IFRS 15, investment valuations (using the International Private Equity and Venture Capital Caluation Guidelines) and the impact of those accounting standards on the private equity industry.

2 Ravi Chopra Private Equity Associate Goodwin Procter (UK) LLP Ravi Chopra is an associate in Goodwin's Private Equity Group and specializes in Private Investment Funds. He deals extensively with corporate and investment fund structuring across multiple jurisdictions, fundraising, investor negotiation, co-investment arrangements and executive incentive plans. He has particular expertise in advising on longer term capital structures, multicurrency solutions and alternative incentivisation models. Prior to joining Goodwin in 2017, Mr. Chopra practiced at King & Wood Mallesons (formerly SJ Berwin). Mr. Chopra's clients include significant institutions based in Europe and Africa. He regularly works on infrastructure, real estate and private equity funds in Europe and in emerging markets, negotiating with U.S. state pension plans, sovereign wealth plans and DFIs, including CDC, DEG, FMO, EBRD, EIF, IFC, and USAID. He has joined the impact investment initiative at Goodwin and he commonly advises first-time and second-time fund managers in emerging markets, including on structuring institutional and non-institutional seed capital into the manager, joint ventures and team arrangements. Mr. Chopra has written extensively in relation to permanent capital vehicles and emerging markets, including contributing a chapter to Private Equity in Sub-Saharan Africa (PEI 2016), as well as an article for an EMPEA technical bulletin and an article for African Business Review.

3 Kristen Cote Director - Portfolio Valuation Duff & Phelps Kristen Cote is a director in the Portfolio Valuation practice and based out of the London office. Kristen specializes in financial economics with a focus on the valuation of illiquid securities, business interests, and cross-border transactions. He has performed valuations of portfolios of loans, non-performing loans, securitizations, equity interests, litigation claims, interest rate swaps, options, contingent claims and other structured products. Kristen also works closely with Duff & Phelps' Transfer Pricing practice on studies of intragroup cash pooling, guarantee agreements, loans, advisory fees, and intangible assets. Prior to joining Duff & Phelps, Kristen was a Research Officer in the Financial Services Transfer Pricing practice of NERA Economic Consulting, an Oliver Wyman division, in London. He was involved in a wide range of transfer pricing projects, including studies on intercompany capital structure issues, equities, loans, guarantees, location specific advantages, intellectual properties and asset management services. Previously, Kristen was a summer analyst in the Equity Research division of Amundi Asset Management, with the Finance team of Allianz and with the Credit Rating team of the Banque de France. Kristen lectures on advanced valuation and asset pricing topics at the London School of Economics, Paris-Dauphine University and for various organizations, such as tax authorities, investment banks and hedge funds. Kristen holds a BSc in Economics and Financial Engineering from Paris-Dauphine University and a MSc in Finance and Economics from the London School of Economics.

4 Cyril Demaria Head of Private Markets Wellershoff & Partners Cyril Demaria has 16 years of experience in fund raising and investing (private equity funds, funds-of-funds, and start-ups). Formerly Chief Investment Officer for private markets at a large Swiss bank and for a multi-family office, he was also Managing Director of a venture and growth capital fund. His experience encompasses investment and portfolio management in a Swiss fund-of-funds and a French insurance group. Cyril lectures private equity at EDHEC, ESCP-Europe and EADA, as well as AFIC and SECA. He authored six books on private equity, the best seller being "Introduction to private equity" (Wiley, 2nd ed, 2013) translated in four languages. He published also "Private equity funds investing" (Palgrave, 2015), which was the result of his doctoral research. Cyril started his career as an analyst in a venture capital fund in the US and Europe. He holds a PhD from University St Gallen, Masters Degrees in Entrepreneurship (HEC Paris), Geopolitics, European Business Law, and a Bachelor in Political Sciences.

5 Barry Lawson Managing Partner Private Equity Consultancy LLP Barry has worked in private equity for over 20 years and with financial regulation in the UK since the FSA in After a career in mainstream PE Barry has now 'gone plural'. He is the Managing Partner of The Private Equity Consultancy LLP - a boutique firm offering specialist advice to small PE firms and is the Director of Business Integrity & Compliance at CDC Group Plc - the worlds oldest development finance institution helping it make hard investments in the hardest countries. The PE Consultancy provides compliance, legal and investor relations support to a range of fund managers with investment strategies extending from seed capital right through to large buyouts.

6 Ryan McNelley Managing Director, Alternative Asset Advisory Duff & Phelps Ryan McNelley is a managing director in the London office of Duff & Phelps, and part of the Portfolio Valuation service line within the Alternative Asset Advisory business unit. Ryan's clients primarily include alternative investment fund managers, including private equity and private debt fund managers, hedge fund managers, infrastructure fund managers, real estate debt fund managers, etc., in both Europe and in the U.S. Ryan assists such clients in all matters related to valuation: Assisting alternative fund managers in establishing valuation policies and procedures that meet investor and regulator standards of top tier governance and independence; Providing independent and objective third-party valuations of the underlying assets of such funds in order to validate whether the fund manager's valuations are fair and reasonable; Assisting with the valuation of the carried interest of the fund for tax or management incentive purposes; Performing fairness opinions when assets are transacted between related parties; Benchmarking the returns of the fund, with the aim of identifying and quantifying the manager's unique contribution to value creation. The primary focus of Ryan's work is in assisting alternative investment fund managers demonstrate top tier governance to all stakeholders, including most importantly: limited partners and regulators. All of Ryan's work is at the behest of the ultimate stakeholders: the limited partners to the alternative funds sector. Ryan is a regular speaker at conferences across Europe and is part of several industry working groups and trade organisations. Most notably, Ryan was a contributing author to the Alternative Investment Management Association's (AIMA) Guide to Sound Practices for Hedge Fund Valuation, and is a member of Invest Europe's Working Group on Accounting Standards, Valuation and Reporting. Ryan's past experience includes seven years in various finance and business management roles at Maxim Integrated Products, a Silicon Valley semiconductor company.

7 Brian O'Neill Private Equity Associate Goodwin Procter (UK) LLP Brian O'Neill is an associate in Goodwin's Private Investment Funds Group. Mr. O'Neill joined Goodwin in 2017, and was previously an associate in the International Funds team at King & Wood Mallesons (formerly SJ Berwin). Mr. O'Neill deals primarily with investment fund structuring, fund formation and fund raising, investor negotiation and carried interest and coinvestment arrangements. In addition he has experience with acting for purchasers of fund management businesses and advising investors on investments in various types of funds. His practice covers a range of asset classes including buyout, infrastructure, debt and venture capital. Mr. O'Neill's clients have previously included SL Capital Partners, Abingworth, Environmental Technologies Fund, PAI Partners, Capital Dynamics and Endless. He has also established carried interest and coinvestment plans for 3i and a large UK bank.

8 Michael Raymond Senior Counsel Travers Smith LLP Michael joined Travers Smith since 2013 and was promoted to Senior Counsel in Michael has a broad financial services regulatory practice, advising financial markets participants on all aspects of law and regulation affecting their business and their products. He has particular expertise in advising both EU and non-eu private equity and alternative asset managers on: - their implementation of the second EU Markets in Financial Instruments Directive ("MiFID II"); the new EU Market Abuse Regulation ("EU MAR"); and the EU Securities Financing Transactions Regulation ("SFTR"); - compliance and structural implications of European regulatory capital and securitisation risk retention rules; - all aspects of compliance with the Alternative Investment Fund Managers Directive ("AIFMD"), in particular in relation to regulatory consent and notifications relevant in the context of raising new funds; ongoing compliance obligations for funds and their alternative investment fund managers; financial promotion and securities marketing issues; periodic reporting; and the negotiation of depositary agreements; - compliance issues arising under the EU Short Selling Regulation; - licensing and perimeter issues in the context of the UK regulatory system; and - the PRA and FCA change-in-control regime. Michael has also been involved in mergers and acquisition, restructuring (including business transfer schemes under Part VII of the UK Financial Services and Markets Act) and equity capital market transactions in the financial services sector, involving banks, insurers, managers of both private and regulated funds and insurance and mortgage intermediaries.

9 Robert Schlachter Partner LGT Capital Partners Ltd Today LGT Capital Partners, Pfäffikon Partner, CFO Private Equity Head of Client Reporting, Investment Monitoring and Finance / Control AB Electrolux Product Line Controller Financial / business controller of a worldwide operating Product Line / Group Business Sector, comprising over ten factories, 40 sales companies and approximately 4'000 employees. Supporting the CEO of the Product Line / Group Business Sector and the individual companies in all financial matters Monitoring of financial performance of individual companies and joint ventures Involvement in international acquisition and divestment projects (e.g. co-ordination and/or performance of due diligence, company valuation, and participation at negotiations) Special projects Ciba-Geigy AG Group Internal Auditor Performance of operational audits within Group companies that were based both in Europe and Overseas Focus on assessment and improvement of management information systems, organization and internal routines Internships with Swissair and UBS Robert Schlachter holds a Master of Art from the University of St. Gallen, Switzerland

10 Angela Willetts Managing Director Capital Dynamics Angela is a Managing Director in Investment Management, Co-Head of Private Equity Investment Management and member of the Investment and Executive Committees at Capital Dynamics. She has 29 years of experience evaluating, selecting, and monitoring private equity fund investments. Prior to joining us, Angela was at the West Midlands Metropolitan Authorities Superannuation Fund. Earlier in her career, she was with Duncan C Fraser (Mercer), the consulting actuaries. Angela holds a Bachelor s degree in Mathematics from University College of North Wales.