global aginvesting 2012

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Hosted by: THE WORLD’S PREMIER AGRICULTURE INVESTING CONFERENCE SERIES Sponsored by: www.GlobalAgInvesting.com USA The Waldorf=Astoria ® April 23-25, 2012 New York Asia Marina Bay Sands September 25-27, 2012 Singapore Europe London Marriott Hotel Grosvenor Square December 3-5, 2012 London Jim Rogers Investment Expert and Author KEYNOTE SPEAKER Exclusive Access to Media Partners: What’s In It For You? d For the Investor • Informative sessions making the business case for real assets investments in global markets • Introduction to thought leaders in farm and fund management who are on the forefront of scarcity-driven investment themes • Exposure to deal flow and diversified strategies in the ag space d For the Manager • Access to the world’s largest assembly of investors with an interest in agriculture as an asset class • Insight and opportunity for new ideas and potential partnerships • Success stories and risk studies from colleagues active in the sector d For the Industry • A dedicated meeting where the finance and agribusiness industries can learn from each other how best to approach the challenges of the next 30 years • Educational sessions focused on the growth of the sector and global price predictions • Potential partnership opportunities with private capital institutions as well as major agribusiness players Global AgInvesting 2011 Attendees Represented: • 600 industry stakeholders • $3.5 trillion in aggregated institutional assets • 25 million acres under cultivation • $12.5 billion farmland assets

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Global AgInvesting is the world's premier agriculture investing conference series. Get exclusive access to Jim Rogers in New York City on April 24th.

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Page 1: Global AgInvesting 2012

Hosted by:

THE WORLD’S PREMIER

AGRICULTURE INVESTING CONFERENCE SERIES

Sponsored by:

www.GlobalAgInvesting.com

USAThe Waldorf=Astoria®

April 23-25, 2012New York

AsiaMarina Bay Sands

September 25-27, 2012Singapore

EuropeLondon Marriott Hotel

Grosvenor SquareDecember 3-5, 2012

London

Jim RogersInvestment Expert

and Author

KEYNOTE SPEAKER

Exclusive Access to

Media Partners:

What’s In It For You?d For the Investor •Informativesessionsmakingthebusinesscaseforrealassets

investmentsinglobalmarkets •Introductiontothoughtleadersinfarmandfundmanagement

whoareontheforefrontofscarcity-driveninvestmentthemes •Exposuretodealflowanddiversifiedstrategiesintheagspace

d For the Manager •Accesstotheworld’slargestassemblyofinvestorswithaninterest

inagricultureasanassetclass •Insightandopportunityfornewideasandpotentialpartnerships •Successstoriesandriskstudiesfromcolleaguesactiveinthesector

d For the Industry •Adedicatedmeetingwherethefinanceandagribusinessindustries

canlearnfromeachotherhowbesttoapproachthechallengesofthenext30years

•Educationalsessionsfocusedonthegrowthofthesectorandglobalpricepredictions

•Potentialpartnershipopportunitieswithprivatecapitalinstitutionsaswellasmajoragribusinessplayers

Global AgInvesting 2011 Attendees Represented: •600industrystakeholders •$3.5trillioninaggregatedinstitutionalassets •25millionacresundercultivation •$12.5billionfarmlandassets

Page 2: Global AgInvesting 2012

Representation of companies that attended in 2011:AdecoagroAdveqAlaskaPermanentFundCorporationAlbournePartnersAllstateInvestmentManagementAmericanLegacyFoundationAP-Fonden1&2ArizonaPublicSafetyPersonnelRetirementSystemArlonFood&AgriculturePartnersBarclaysCapitalBlackRiverAssetManagementBrookfieldAssetManagementBungeGlobalAgribusinessCaliforniaPublicEmployees’RetirementSystem(CalPERS)CambridgeAssociatesCatholicHealthcareInvestmentManagementCompanyColumbiaUniversityEndowmentCommonfundCapitalCornellUniversityEndowmentCPPInvestmentBoardDallasPoliceandFirePensionSystemDeere&CompanyDowChemicalCompanyPensionFundFarmersNationalCompanyFederalDepositInsuranceCorporation(FDIC)FederalFarmCreditBanksFundingCorporationFranklinTempletonInvestmentsGEAssetManagementGeorgeWashingtonUniversityEndowmentGMORenewableResourcesHancockAgriculturalInvestmentGroup(HAIG)IBMRetirementFundsInsightInvestmentManagementInternationalFinanceCorporation(IFC)J.PaulGettyTrustJohnD.andCatherineT.MacArthurFoundationJohnsHopkinsUniversityFoundationJPMorganPensionMacquarieAgriculturalFundsManagementMayor’sOfficeofPensions&Investments-NYCDepart-mentofFinanceMemorialSloan-KetteringCancerCenterFoundationMercerInvestmentConsultingMerrillLynchWealthManagementMinistryofAgricultureoftheRussianFederationMonsantoNewYorkStateCommonRetirementFundNewYorkUniversityEndowmentNewZealandSuperannuationFundOfficeofTonyBlairOntarioTeachers’PensionPlanPaine&PartnersPassportCapitalPensionskassernesAdministration(PKAA/S)QatarNationalFoodSecurityProgrammeRegentsoftheUniversityofCaliforniaRobertWoodJohnsonFoundationStanfordManagementCompanySwissReinsuranceCompnayTIAA-CREFUSTrust-BankofAmericaVirginiaRetirementSystemVirginiaTechFoundationWakeForestUniversityEndowmentYMCARetirementFundZiffBrothersInvestments(ZBI)

Agenda Highlights and Annual Favorites: •VetInvestmentOpportunitiesinRegionalFarmlandAcrossall MajorGlobalMarkets

•UnderstandtheNuancesofLiquidStrategiesinSoftCommoditiesand AgribusinessPublicEquities

•HearCompellingAgPrivateEquityStrategiesandPinpointSourcesforDealFlow•DiscoverRegionalRiskandReturnProfiles•LearnWhatitMeanstobeaResponsibleAgricultureInvestor

What’s New at Global AgInvesting 2012? For the first time, concurrent track sessions will highlight ag investment and its surrounding themes, including:•VentureCapitalPlaysinAgInnovations•AgricultureBiotechnologyandFundingtheFutureoftheNextGreenRevolution•WaterasanEmergingAssetClass•AgribusinessTransportationandLogisticsInfrastructureInvestments•AquacultureandtheFutureofCommercialFisheryInvestments

•Pensionfunds•Endowments•Foundations•Sovereignwealthfunds•Familyoffices•Highnet-worthindividuals•PrivateEquity/VentureCapitalinvestors

•Commoditiesandfuturestraders•Pensionfundadvisors•Assetmanagers•Farmlandmanagers•Agribusinessindustryexecutives•Serviceproviderstothefinancial andagribusinesscommunities

Why You Should Attend:d IMPRESS THE ALLOCATORS:2011attendeesrepresentedover$3.5 trillion in

aggregatedinstitutionalassetsd VALUABLE NETWORKING OPPORTUNITY: 8+Hoursofdedicatednetworking

withprominentinternationalinvestors,managers,andrealassetsindustryleadersd IMPRESSIVE CALIBER OF ATTENDEES:GlobalAgInvesting2011inNewYork

attractedover600investorsandaginvestmentstakeholdersrepresentingover 25 millionacresundercultivationandover $12.5 billionoffarmlandassets

d UNDERSTAND AG INVESTING FUNDAMENTALS:Half-daycourseprovidingexclusivecontentandnetworkingforinvestorsnewtotheagspace

d EXPLORE DIVERSIFICATION STRATEGIES:Fromliquidstrategiestoprivateequityplays,learnthenuancesofagricultureasanassetclass

d GAIN CRITICAL INSIGHT: 20+Sessionsexploringmyriadrealassets investmentthemes

d NEW CONTENT: Examinethesurroundinginvestmentthemesofagriculture biotechnology,transportation&logisticsinfrastructure,waterasanassetclass,andthefutureofaquaculture

What Sets Global AgInvesting Apart?GlobalAgInvestingconferencesareproducedbyHighQuestPartners,atopstrategyconsultanttocompaniesintheglobalfood,agribusinessandbiofuelssectorforoveradecade,andtheleadingfirmprovidingstrategicinvestmentadvisoryservicestothefinancialcommunity.ThecurriculumfortheconferencesisbasedonHighQuest’sdeepunderstandingoftheeconomicsoftheagriculturespaceanditsextensivenetworkwithinboththeindustryandthefinancialcommunity.

Who Should Attend: Get Exclusive Access to Jim Rogers: Keynote Speaker and Conference Guest

Register Now! Seating is Limited! • For more information, visit: www.GlobalAgInvesting.com2

The Premier Agr iculture Invest ing Conference Ser ie s

Page 3: Global AgInvesting 2012

Keynote: How I See the World Today and What I am Doing About it

Jim Rogers, Investment Expert and AuthorJimRogers,anativeofDemopolis,Alabama,isanauthor,financialcommentator,adventurer,andsuccessfulinternationalinvestor. HehasbeenfrequentlyfeaturedinTime, The Washington Post, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times, The Business Times, The Straits Timesandmanyothermediaoutletsworldwide.Hehasalso appearedasaregularcommentatorandcolumnistinvariousmediaandhasbeenaprofessoratColumbiaUniversity.

AfterattendingYaleandOxfordUniversity,Rogersco-foundedtheQuantumFund,aglobal-investmentpartnership.Duringthenext10years,theportfoliogained4200%,whiletheS&Proselessthan50%.Rogersthendecidedtoretire–atage37.Continuingtomanagehisownportfolio,RogerskeptbusyservingasaprofessoroffinanceattheColumbiaUniversityGraduateSchoolofBusi-ness,and,in1989and1990,asthemoderatorofWCBS’s‘The Dreyfus Roundtable’andFNN’s‘The Profit Motive with Jim Rogers’.

In1990-1992,Rogersfulfilledhislifelongdream:motorcycling100,000milesacrosssixcontinents,afeatthatlandedhimintheGuinnessBookofWorldRecords.Asaprivateinvestor,heconstantlyanalyzedthecountriesthroughwhichhetraveledforinvest-mentideas.Hechronicledhisone-of-a-kindjourneyinInvestmentBiker:OntheRoadwithJimRogers.JimalsoembarkedonaMillenniumAdventurein1999.Hetraveledfor3yearsonhisround-the-world,GuinnessWorldRecordjourney.Itwashis3rd GuinnessRecord.Passingthrough116countries,hecoveredmorethan245,000kilometers,whichherecountedinhisbook Adventure Capitalist: The Ultimate Road Trip.Hisbook,Hot Commodities: How Anyone Can Invest Profitably In The World’s Best Market,waspublishedin2004.HisrecentbookA Bull in ChinadescribeshisexperiencesinChinaaswellasthechangesand opportunitiesthere.HislatestbookisA Gift to My Children.

Pre-Conference Seminar: Short Course in Ag Fundamentals (Additional Registration Required)

Forinvestorsinterestedindevelopingadeeperunderstandingofthecompellingfundamentalsdrivingtheagsector.Hearfromleadinganalysts,academicsandeconomists.

12:00-1:30 Check In for Short Course Attendees1:30-2:15 Agriculture as an Emerging Asset Class 2:15-3:00 Global Fundamentals to 2020

3:00-3:30 Coffee Break3:30-4:15 The Role of Water Resources in Land Valuations4:15-5:00 Short Course Question & Answer Session OurthreeexpertswillholdajointQ&A,whichwillallowfordiscussionamongthelecturersaswellaswiththeaudience.

6:00-7:00 CocktailReception&EarlyCheck-In

About the Conference Host

HighQuestPartnersisagloballyrecognizedstrategyconsultingcompanyservingagricul-ture,agribusiness,grains,oilseed,food,biofuelsandinvestmentsectors.Foundedin2000,HighQuesthasworkedwithhundredsofpublicandprivatesectororganizationsinover100countriesasithelpstosatisfytheworld’sgrowingneedforagriculturally-basedresources

byprovidinginformation,cultivatingrelationshipsandsupportingitsclients.

For more information on syndicated and custom research and consulting projects trusted by Fortune 500 companies, major research institutions

and the media, visit: www.highquestpartners.com or contact us at [email protected], 978-887-8800

Monday,April23|Pre-ConferenceSeminar

Get Exclusive Access to Jim Rogers: Keynote Speaker and Conference Guest

@globalaginvest

Group: Global AgInvesting

Group: Global AgInvesting

Join our network:

Contact Us: +1.207.244.9544 or 800.424.7692 • Register today at: www.GlobalAgInvesting.com 3

The Premier Agr iculture Invest ing Conference Ser ie s

Mr. Rogers will

be on-hand to

speak with

attendees and

answer critical

questions about

investing in ag.

Page 4: Global AgInvesting 2012

Tuesday,April24|MainConferenceDayOne

The Premier Agr iculture Invest ing Conference Ser ie s

Register Now! Seating is Limited! • For more information, visit: www.GlobalAgInvesting.com4

7:00-8:00 ConferenceRegistration

8:00-8:30 Opening Remarks – Agriculture Investment Landscape

8:30-9:30 End Investor Perspectives on Agriculture InvestingHearfromaninternationalpaneloftrailblazinginstitutionalandfamilyofficeinvestorswhowilldiscusstheirexperiencesexploringandallocatingcapitaltothisemergingassetclass.•Whatistheroleofagwithintheirbroaderportfolio?•Whatwastheresearchprocessusedbeforemakingthedecisiontoinvestintheagriculturesector?

•Howmuchweightdotheyputonliquidvs.illiquidvehiclesintheagspace?

•Howdoesfarmlandresembletimber?Howdoesitdiffer?•Howshouldoneidentifyandselectmanagers?Howdoyouperformduediligenceonafarmmanager?

9:30-10:15 Keynote Address: How I See the World Today and What I Am Doing About ItJim Rogers, Investment Expert and Author

10:15-10:45 CoffeeBreak

10:45-11:45 Diversified Ag StrategiesLearnfromagroupofindustryveteranshowanumberofsinglemanagersareprovidingLPswithdiversifiedofferingsinternally.•Howimportantisdiversificationinanagricultureinvestmentportfolio?

•Whatarethedifferentmodelsmanagerspursuetoprovidediversification(globalfarmlandvs.familyoffundsvs.multi-managervs.verticalinvestmentsalongthesupplychain)?

•Whatdegreeofdiversificationdothevariousmodelsprovide?•Whatarethetrade-offsforendinvestorsbetweenasinglediversifiedstrategyandmakingmultiplecommitmentstoachievediversificationwithintheirownallocation?

11:45-12:45 South American FarmlandOverthepastfiveyears,SouthAmericanagriculturehasattractedmorecapitalinflowthananyotherregion.AgribusinessinSouthAmericaoperatesonamassivescale,withindividualfarmscomprisingtensofthousandsofhectares.Thecontinentrepresentsdiverseagriculturalregionofferingawiderangeofinvestmentopportunities.•Whatwillbethemaindriversofreturnsoverthe nextdecade?

•Howdopolitical,currency,andclimacticriskdifferbetweenSouthAmericannations?

•Whatarethechallengesandreturnexpectationsofdifferentstrategiessuchaspastureconversionvs.acquiringdevelopedcroplandvs.mixeddevelopmentoftimberandcropland?

12:45-1:45 NetworkingLunch

1:45-2:45 Ag Private EquityGainalternativeperspectivefromprivateequitymanagerswhosestrategiesfocusonvariousdownstreamactivitiesalongthesupplychain,includingprocessing,storage,transportation/logistics,proteinproductionandmore,representingagexposurewithverydifferentriskandreturnprofiles.

•Whatarethemostcompellingprivateequityplayswithinagricultureanditssurroundingthemes?

•Whatisthetypicaldealsizeandreturnexpectationfor thesestrategies?

•Howdosupplychainstrategiescomparetopureplaysinprimaryproduction?

•Howdoesagprivateequitycomparetodirectinvestments,farmlandfunds,venturecapitalandagpublicequitiesfor theendinvestorintermsofrisksandreturns?

2:45-3:15 CoffeeBreak

3:15-5:00 CONCURRENT SESSIONS

TRACK A

3:15-4:15 Venture Capital How Can Venture Capitalists Access Agriculture

as an Asset Class? Venturecapitalinvestorsareeyeingagriculturetechnologies asawayforwardfromsomeofthedisappointmentsfromcleantechinthepastdecade.SavvyinvestorsarelookingforIPinprecisiontechnology,soilmonitoring,seedtraitgenetics,irrigationsystems,cropprotectionandmore.•Whataretheneedsoffarmerslookingatnewtechto improveefficienciesandincreaserevenues?

•Withmajoragribusinessesformingtheirownventureinvestmentarms,domainstreamVCsstandachanceofgettinginonthegroundfloorofatrulydisruptiveagtechnology?Whatistheoutlookforagtechdealflow?

•Howdoestheduediligenceprocessdifferbetweenagtechandcleantech?

•Withsofewsuccessstoriestoreference,willtrepidationtrumptemerity?

4:15-5:00 Ag Biotech Finding New Opportunities for Returns and Funding

the Next Green RevolutionAsfoodpriceshavedoubledinthelastthreeyears, internationalpublicperceptionisnowbeginningtoshifttoconsideragriculturalbiotechnology.Therighttechnologycanpositivelyimpactthetrajectoryoftheglobalfoodsystem,butinthebiotechbusinessthatcanbea12-yearproposition.•Whatlessonswerelearnedfromthefirstgeneration ofbiotech?

•Howcanweexpeditetheprocessfrombackcrop tocommercialcrop?

•Howdoesagbiotechresemblelifesciencesfromaninvestmentperspective?

•Whatarethehurdleswhenitcomestopublicperception inEuropeandbeyond?Arethereregulatoryandtradeissues toconsider?

•Whatarethepossibilitiesforcropsspecifictobiofuelproduction?

•Isthepublicreadyforcontinuedgeneticimprovement oflivestock?

•Whatarethedifferentwaysofdoingdealsinthespace?Royalties,FTEpayments,milestonesandmore.

Page 5: Global AgInvesting 2012

Agenda subject to change.

Tuesday,April24|MainConferenceDayOne(continued)

Wednesday,April25|MainConferenceDayTwo

The Premier Agr iculture Invest ing Conference Ser ie s

Contact Us: +1.207.244.9544 or 800.424.7692 • Register today at: www.GlobalAgInvesting.com 5

TRACK B

3:15-4:15 Central & Eastern European/Former Soviet Union FarmlandAfterdecadesofunderinvestment,theimplementationofmodernagriculturalpracticescanoftendoubletheproductivityoftheland.Hearfromapanelofleadingmanagersintheregionwithvaryingapproachesintermsofgeography,structureandexecution.•Whataretheparticularchallengesandopportunitiesinthisregioncomparedtothegloballandscape?

•Whatcaninvestorsexpectwithregardstoriskprofilesin CEE/FSUcountrytocountry,andhowdoactivemanagerstackletheseissuestoensuresuccess?

•Howdothereturnexpectationsintheregioncompare toothergeographies?

4:15-5:00 Transportation & InfrastructureEmergingmarketsworldwidewillrequiremassiveinvestmentsforgreenfieldprojectswhilethedevelopedworldstrugglestomakeimprovementstoinfrastructurethathasbeendeterioratingfordecades.Estimatesindicatingthatover$2trillionisneededintheUSalone,underscorethegreatneedforprivatecapitaltofinanceinfrastructuredevelopmentandrepairsandthepotentialforsteadyreturnsfromalong-terminvestment.

•Withmajoragpotentialinuncultivatedterritory,the2016OlympicGamesandthe2014WorldCup,aswellasasupportivepoliticalclimate,howcaninvestorstakeadvantageofimmediateinfrastructureopportunitiesinBrazil?

•WhatarethechallengesofworkinginP3,PE,BOO,BOT andconcessions?

•Howdoesonefindtherightpartnerforalong-term investment,especiallywhenworkinginternationally?

•Whatkindofrisk-returnprofilescanbeexpectedfrom thedifferentsectorsalongthesupplychain,including shipping,tollroads,rail,storagefacilities,etc.?

•Howdoesonenavigatethroughfederal,municipal, andprovincialgovernments?

•Whichcountriesofferthemostwelcominginvestmentenvironmentforinvestors?

6:00-8:00 NetworkingCocktailReception

7:30-8:30 ContinentalBreakfast

8:30-10:30 CONCURRENT SESSIONS

TRACK A

8:30-9:30 Water Navigating the Waters and Finding Global

Opportunities in a Local ResourceDemandforwaterisexpectedtodoubleinthenexttwentyyearswithsomeanalystsputtingtheneedforworldwidewaterinvestmentatover$800billionwithinthenextdecade.Withoutrapidmarketpenetration,asimpletradingscheme,orevenaclearunderstandingofwaterrightsbetweenstates,letaloneinternationally,waterposesarealchallengetoinvestorswhoviewitclearlyasanopportunitywhilelackinganobviousimplementationstrategy.•Whataretherealeconomicopportunitiesinwaternow?•Wherewillthereturnscomefromtenyearsfromnow?•Whatarethefrictionpointsthatneedtobeaddressedbeforewatercanbeconsideredalegitimate,stand-aloneassetclass?

•Wateraspartoftheagportfolio:Howdoeswateraffectfarmlandvaluationsandhowwillthatchangeastheresourcebecomesmorescarce?

•WillwetwaterassetsfindatradingplatformintheUS?•Howdoeswaterresembleanddifferfromtherestofthenaturalresourcesportfolio?

•Willmajordealsinthenearfuturehappeninurbanorruralwaterinfrastructure?

•Whatarethechallengesandpotentialsuccessesofdifferentwaterstrategies,includingVC,PE,waterETFs,water-for-energy,andwaterutilityequities?

9:30-10:30 Enabling TechnologiesAvarietyofmoderntechnologieswillhelptoenhanceinvestorreturnsinagriculture,includingGISanalysisofpotentiallandacquisitions,GPS-guidedprecisionagriculture,soilmonitoringsystems,animaldiagnostics,andmore.Hearfromsomeoftheleadingprovidersoftheseenablingtechnologiesanddiscover howtheywillhelpfarmmanagersimproveyields,soilhealth andinvestorreturns.

Page 6: Global AgInvesting 2012

Wednesday,April25|MainConferenceDayTwo(continued)

The Premier Agr iculture Invest ing Conference Ser ie s

Register Now! Seating is Limited! • For more information, visit: www.GlobalAgInvesting.com6

TRACK B

8:30-9:30 Beyond Row Crops: Dairy, Livestock and Permanent CropsWhileinvestorshavebeenfinancingpermanentcropsandanimalproteinproductionformanyyears,increasingdemandformorevarieddietsacrossthedevelopedworldandthedramaticshiftfromgrain-baseddietstoanimalproteinconsumptionoccurring indevelopingeconomieshashighlightedopportunitiesforinvestingintheseagsub-sectors,attractingsignificantlevelsofinvestmentcapital.•Whatarethefundamentaldriversthatarecreatingopportunitiesforinvestmentinthesesectors?

•Whyis2012anattractivetimetoallocatecapitaltodairy andlivestock?

•Whydoesanallocationtopermanentcropsmakesenseforadiversifiedportfolio?

•Whatdifferentoperatingmodelshavebeendevelopedinordertorealizeattractivereturnsforinvestors?

•Whichtypesofproductionandregionsoftheworldpresentattractiveopportunitiesfortheseproducts?

•Whatadditionalitemsshouldinvestorsconsiderwhenreviewinginvestmentopportunitiesoutsideofrowcrops?

9:30-10:30 AquacultureDespitethedepletionofwildfishstocksandcommercialoverfishing,globalaquacultureproductionwillhavetoincreasetosatisfythegrowingdemandforanimalprotein,particularlyfishproteininAsia.Fromgeneticallymodifiedsalmontoenvironmentalchallenges,thisnascentindustryfaceshurdlesincludingpublicperceptionrisksaswellassafetyandtraceabilityissues.Butwiththesechallengescomelimitlesspossibilitiesfornewtechnologies,processes,habitatsandfeed.•Howareinvestorslookingatthisspace,andwherearethemostimmediateopportunities?

•Whataretheinvestmentopportunitiesforfishmealreplacement?

•Whataretheenvironmentalconcernswithlarge-scaleaquacultureoperations,andhowarethesebeingaddressed?

•Howcaninstitutionalinvestorsincludeaquacultureintheoverallportfolio?

•Whereintheworldarethebestrisk/returnprofiles foraquaculture?

10:30-11:00 CoffeeBreak

11:00-12:00 Liquid Ag Investing StrategiesPubliclylistedagequities,commodityfutureindexfunds,agfocusedhedgefundsandaglendingstrategiesprovidethoseinvestorswhoarelookingtoincreasetheirexposuretoagriculturewhilemaintainingacertainlevelofliquidity,withamoretraditionalexposuretotheagtheme.Inpresentingtheseopportunities,leadingmanagerswillshowthatliquidinvestmentinagrequiresthesamefocusandspecializationasilliquidinvestmentstrategies.

•Whatarethedifferentliquidstrategiesavailabletoinvestors?•Howdothesestrategiesrelatetotheilliquidportfolio– inparticularfarmland?

•Whataretherightquestionsforinvestorstoaskwhenpursuing aliquidaginvestmentstrategy?

12:00-1:00 North American FarmlandWhileitisthemostmaturemarketforfarmlandinvestmentsanddoesnotofferthereturnpotentialofthedevelopingworld,theU.S.andCanadastillprovideaveryattractiveopportunityforinvestorswithappropriateobjectives.HearfromapanelofmanagerswithdifferentstrategiesforhowtheyapproachtheNorthAmericanmarket.•Wherearetheopportunitiesgeographicallyandbycrop?•Howdomanagersaddvaluetoenhancereturns?•Willtheinflowofinvestmentcapitalmovethemarkets?•Howwillthe2012farmbillaffecttheinvestmentcommunity?•Whataretheriskimplicationsoftheagingfarmingpopulation intheUS?

1:00-2:15 NetworkingLunch

2:15-3:15 African FarmlandThoughithasasizablepercentageoftheglobe’sreservesofpotentialrain-fedcropland,mostofthecontinentofAfricahasneveremployedmoderntechniquesforagriculturalproduction,processingandtransportation,andproducersoftenlackbasicinfrastructure,cropvarietiesoptimizedforlocalconditions,andothertoolscommonlyavailableinmoredevelopedregions.However,forthehandfulofmanagerspioneeringagriculturalproductioninAfrica,returnsoutweighthesechallenges.•WherearethemostattractiveopportunitiesinAfrica?•Whataretheparticularpoliticalchallengesandhowhavethemanagersaddressedthem?

•Howcanmanagersassuretransparencyintheirnegotiationsoflarge-scalelandacquisitionsandlong-termconcessions?

•Howdomanagers’strategiesinAfricaaddresstheissuesofsmallholders?

•Whichorganizationsareprovidinginvestmentguaranteesforforeigninvestors?

3:15-4:15 Responsible Investing in AgricultureAsinstitutionalandcorporateinvestmentinlarge-scaleagricultureexpands,tensionshavearisenoverthepotentialdisplacementofsmallholdersandtheriskofenvironmentaldegradationofundevelopedlands.Whiletherehavebeenabuses,agriculturaloperationsbackedbyinstitutionalinvestorsgenerallyhaveastrongsenseofsocial,economicandenvironmentalstewardship.Hearfromleadingplayersintheglobalagriculturalinvestmentarenaabouthowtheychampionthetriplebottomlineaswellasnewbusinessmodelsthatarebeingdevelopedtosustainablyincreaseagricultureproduction.

4:15-4:30 ClosingRemarks

4:30 ConferenceConcludes

If you are interested in sponsoring or speaking on this program, contact Jared Rose: [email protected], +1.212.945.8494 or Kate Westfall: [email protected], +1.212.920.0738.

Page 7: Global AgInvesting 2012

Qualified End Investors (Pension Funds, Endowments, Foundations, Sovereign Wealth Funds and Family Offices):ContactJaredRoseat+1.212.945.8494or KateWestfallat212.920.0738forregistrationdetails.

Media Inquiries: Contact [email protected] [email protected],+1.978.887.8800.

Venue/Accommodation The Waldorf=Astoria, 301 Park Avenue, New York, NY 10022AblockofroomsatadiscountedratewillbeheldatTheWaldorf=Astoria. You must book by April 2, 2012 to receive the group rate.Keepinmindthatroomsinthededicatedblockdoselloutquickly,sopleasemakeyourreservationearly.Roomsbookedafter thecut-offdatearebaseduponavailabilityat theprevailing rate.Tomake reservationsbyphone,call1-877-GROUP-WA.BesuretomentionGroupCode:GAI.Toreserveyourhotelroomonline,visitthe“Venue”pageatGlobalAginvesting.com.

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Cancellation Policy:Cancellationsreceivedinwritingmorethanseven(7)dayspriortotheconferencestartdatewillreceivea100%credittobeusedatanotherHighQuestPartnersconferencewithin18monthsfromthedateoftheissuance.Forcancellationsreceivedlessthanseven(7)dayspriortotheeventnocreditswillbeissued.Norefundswillbeprovidedforcancellations.

Registration Information

Pricing Options Thru March 2, 2012 March 3 – April 20, 2012 On-site Registration Fee

All-Access PassApril 23 – 25, 2012(Includes Main Conference and Half-Day Course on Ag Fundamentals)

$2,495 $2,995 $3,195

Main Conference OnlyApril 24-25, 2012

$1,995 $2,495 $2,695

All registration rates are inclusive of coffee breaks, meals, and cocktail receptions. All prices are in USD.

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Page 8: Global AgInvesting 2012

HighQuestPartners 300RosewoodDrive,Suite30 Danvers,MA01923USA

AddressServiceRequested

The Premier Agriculture Investing

Conference Series

The Premier Agr iculture Invest ing Conference Ser ie s

@globalaginvest

Group: Global AgInvesting

Group: Global AgInvesting

Join our network: Scan for a slideshow of last year’s event!

USAThe Waldorf=Astoria®

April 23-25, 2012New York

AsiaMarina Bay Sands

September 25-27, 2012Singapore

EuropeLondon Marriott Hotel

Grosvenor SquareDecember 3-5, 2012

London

Keynote Speaker & Conference Guest

Jim RogersInvestment Expert and Author