The New York Private Equity Network ("NYPEN") and Alvarez & Marsal are pleased to invite you to a moderated panel discussion on "Preparing for a Downturn – PE Operations Improvement” on Monday, November 4th.

Please join members of the Private Equity community to discuss the following topics of interest related PE Operations Improvement in preparation for a downturn:

• What impact does a potential downturn have on deal valuations and deal flow?
• How and when should PE backed businesses and their private equity owners be preparing for a downturn?
• Which sectors do you see as particularly susceptible to a change in economic environment?
• What should management teams and sponsors of businesses be prioritizing when it comes to readying themselves for tough times?
• How to gear up: getting operations ready and finding cash ahead of 2020
• What opportunities does a potential downturn present to PE and portfolio companies?

Moderated by: Lars Knorn – Alvarez & Marsal, Private Equity Performance Improvement, Senior Director

Panelists:

• Russell Gehrett – Pamplona Capital, Partner
• Markus Lahrkamp – Alvarez & Marsal, Private Equity Performance Improvement, Managing Director
• Jill Wight – Carlyle Equity Opportunity fund, Principal