Roundtable Discussion: Buyout and Venture Capital – Hill North

Thursday, March 08, 1:30 PM

Despite rising interest rates, high asset prices and strong public market performance, allocations to buyout and venture capital continue to rise under the expectations of continued outperformance. As capital continues to flow into private equity, what strategies are managers employing to preserve private equity performance? From a new investment perspective, what areas represent the most attractive opportunities for new investment. Against this backdrop, our roundtable will discuss the implications for long-term investment in the asset class.


Rich Carson

Senior Director - Private Investments, Cambridge Associates 

Alex Abell

Partner, RCP Advisors

Jeff Allred

Partner, Nelson Mullins

Peter Cornelius

Managing Director, AlpInvest Partners

Mike Hennessey

Co-Founder & Managing Director of Investments, Morgan Creek

Jaime Hildreth

Managing Director, Head of PE & LP Market Strategy, Ipreo

Allan Jean-Baptiste

Principal, TMT Growth Equity, KKR

David Jones

General Partner, Bull City Venture Partners

Craig Nickels

Global Head of Research, ADIA

Nick Purrington

Managing Partner, Purrington Moody Weil

Michael Quadrino

Managing Director Alternative Assets, Citigroup

Panel Discussion: Search Funds – Hill Central

Thursday, March 08, 1:30 PM

The proliferation of the search fund model has accelerated in recent years.  While the traditional search fund model has existed for over 30 years within the high net worth community, the traditional model has evolved to incorporate a variety of alternative solutions that can meet the needs of institutional investors.  As a result, attractive risk / returns characteristics have begun to attract institutional investor interest.  Join our panel to discuss the opportunity search funds represent and the role they could potentially play in institutional investor portfolios.


Shawn Munday

Executive Director, Institute for Private Capital Professor of the Practice of Finance, UNC Kenan-Flagler

Tim Bovard

Founder & CEO, Search Fund Accelerator

Doug Dyer

Institutional Search Fund Investor

Raam Jani

Partner, McDermott Will & Emery LLP

Badge Stone

Co-Founder and Managing Partner, WSC & Company

Teach In: The Role of Emerging Markets in Private Equity – Hill South

Thursday, March 08, 1:30 PM

Emerging market exposure in private equity offers a variety of attractive characteristics including powerful demographic trends, higher growth potential, scarcity of capital and low correlation with developed markets. However, a number of factors conflate to increase the complexity and risk profile of emerging markets. Join our teach-in session to gain insights into strategic and tactical considerations for allocating to this unique asset class.


Michael Casey

Founder & Managing Director, Portico Advisors

Panel Discussion: Responsible Investing – Hill Central

Thursday, March 08, 2:45 PM

Environmental, Social and Governance (ESG) is a generic term used to describe the non-financial performance and risk factors that allow investors to evaluate corporate behavior and the impact of these factors on public and private markets investments. Responsible investing can spans range of objectives with one end of the spectrum focusing on maximizing risk-adjusted returns “Socially Responsible Investing” to the other end, “Impact Investing” which prioritizes ethical considerations linked to a social outcome. This panel will explore a range of topics related to pension and endowment fund adoption of ESG investing programs.


Melissa Waller

President, AIF Global Institute

Lee Coker

ESG Officer, Oak Hill Capital

Daniel Jacobs

Principal, Clayton, Dubilier & Rice

John O’Hara

Managing Director & Senior, Rockefeller & Co.

Kate Wagner

Director, Risk Management, UTIMCO

Teach In: Expanding the Use of Alternative Investments in Defined Contribution Plans – Hill South

Thursday, March 08, 2:45 PM

The retirement plan landscape is constantly changing with regulatory mandates, product innovation and new approaches to investment strategies. These types of changes can have an impact on plan design, investment menus, and ultimately, fiduciary decision-making. This session will explore the different strategies, risks and benefits, and operational designs being used to incorporate non-traditional investment strategies into defined contribution plans.


Jonathan Epstein

President, Defined Contribution Alternatives Association

Serge Boccassini

Senior Vice President, Northern Trust

Robert Collins

Managing Director, Partners Group

Hayden Gallary

CFA, Managing Director, Cambridge Associates LLC

Robert Long

President, Star Mountain Capital

Michelle Rappa

Managing Director, Neuberger Berman

Roundtable Discussion: Real Assets – Hill North

Thursday, March 08, 2:45 PM

Investor interest in real assets is driven by the desire for current income, diversification and an inflationary hedge. Appetite for real assets often fluctuates, depending upon volatility in other markets, opportunities for better risk-adjusted returns in other assets, or the specter of inflation, but it is of particular interest to allocators at this point in the cycle. Within real asset class, discrete opportunities exist in real estate, infrastructure, agriculture, and natural resources. Join our roundtable to explore the decisions these investors are making to position their real asset portfolios for optimal outcomes.


Rob Kochis

Principal, The Townsend Group

Bret Batchelder

Managing Director & CFO, Cherokee

Mark Corigliano

Investment Manager, DUMAC

Tom Errath

Senior Vice President, Harrison Street

Ray Kljajic

Co-Founder, American Public Infrastructure

Thomas Loughrey

Founder, Loughrey Fundamental Energy

Tom Masthay

Director, Real Assets, TMRS

Charlie McNairy

CEO, International Farming Corporation

Jacob Sagi

Professor of Finance and Real Estate, UNC Chapel Hill

Shannon Wright

Senior Director, Strategy & Research, Americas, TH Real Estate

Panel Discussion: Diversifying Strategies – Hill South

Thursday, March 08, 4:00 PM

Cheap funding costs, technology disruption, geopolitical instability, and changes in domestic policy pose significant challenges to traditional investment strategies. As asset prices continue to rise, capital allocators must find new ways to reposition and strengthen their portfolios. The panel will discuss active vs. passive strategies, pros and cons of hedge funds, the use of other alternative strategies in portfolio construction and other related topics.


Justin Lenarcic

Global Alternatives Investment Strategist, Wells Fargo

Peter DiFiore

Managing Director, Cartesian Re

James Kraft

Strategy Head, Aksia

Joseph Morgart

Amundi Pioneer

Lamar Small

Senior Hedge Fund Researcher, Mercer

Panel Discussion: Global Credit – Hill Central

Thursday, March 08, 4:00 PM

The relatively benign macro environment has positively impacted growth and global credit for the last several years. Risk appetite has been robust, resulting in lofty equity valuations, tight credit spreads and low realized volatility. While cyclical conditions are expected to remain generally favorable near-term, secular pressures are apparent across many industries. Join our panel discussion to explore where we are in the credit cycle, what opportunities and risks lie before us, and what areas represent the most attractive opportunities across liquid and private credit strategies.


Ken Monaghan

Managing Director, Amundi Pioneer

Michael Becker

Co-Founder, Plexus Capital

Britt Canady

Managing Director, Bank of America Merrill Lynch

Tarik Dalton

Director, NC Department of State Treasurer (retired)

John Fiscella

Principal, Oak Hill Advisors

Roundtable Discussion: CIO Discussion – Hill North

Thursday, March 08, 4:00 PM

During this period of unprecedented geo-political challenges, negative real interest rates and low yields across all asset classes, investment portfolios have become particularly complex to manage. Faced with the dilemma of either lowering expectations and/or increasing risks, how can CIOs best balance their forward-planning investment strategies for the long term? If a more aggressive approach is required to meet spending obligations, will investors pay for these strategies or, instead, reposition their portfolio to passive strategies? This roundtable of industry leaders will explore how they are re-thinking their asset allocations, investment policy, and strategy in this uncertain environment.


Mike Elio

Partner, StepStone

Eric Freedman

Chief Investment Officer, U.S Bank

Brad Briner

Co-CIO, Willett Advisors

TJ Carlson

CIO, Texas Municipal Retirement System

Jonathan M. Duensing

Managing Director, Director of Investment Grade Corporates, Portfolio Manager, Amundi Pioneer

Bryan Lewis

CIO, Pennsylvania State Employees’ Retirement System

Andrew Palmer

CIO, Maryland State Recruitment & Pension System

Michael Studer

Partner, Chief Risk Officer & Head of Portfolio Solutions, Partners Group  


The Institute for Private Capital improves public understanding of the role of private capital in the global economy. Academic and industry experts work together to generate new knowledge about private capital markets based on objective academic research.