AIC

Agenda

 

Thursday, March 08

9:45 AM-10:00 AM

Welcome – Hill Ballroom

 
PANELISTS

Greg Brown

Prof. – UNC Chapel Hill & Research Director, Institute for Private Capital
10:00 AM-11:30 AM

TBD – Hill Ballroom

 
PANELISTS

Bryan Lewis

Chief Investment Officer, Pennsylvania’s Public School Employees Retirement System

TBD

 
PANELISTS

Adam Taback

Exec. Vice President & Head of Global Alternatives, Wells Fargo
11:30 AM-11:45 AM

Break

11:45 AM-1:15 PM

TBD – Chancellor’s Ballroom

 
PANELISTS

Phil Berney

CEO, Kelso & Co.

Luncheon Keynote

 
PANELISTS

Scott Bessent

Founder, Key Square Group
1:15 PM-1:30 PM

Break

1:30 PM-2:30 PM

Panel Discussion Session II: Search Funds – Hill Central

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.

 
MODERATOR

Shawn Munday

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

Tim Bovard

Founder & CEO, Search Fund Accelerator

Raam Jani

Partner, McDermott Will & Emery LLP

Badge Stone

Co-Founder and Managing Partner, WSC & Company
1:30 PM-2:30 PM

Panel Discussion Session I: Diversifying Strategies – Hill South

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.

 
MODERATOR

Justin Lenarcic

Global Alternatives Investment Strategist, Wells Fargo
 
PANELISTS

Lamar Small

Senior Hedge Fund Researcher, Mercer
1:30 PM-2:30 PM

Roundtable Discussion Session I: Buyout and Venture Capital – Hill North

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.

 
MODERATOR

Mike Elio

Partner, StepStone
 
FEATURED PARTICIPANTS

Amala Ejikeme

Partner, Kirkland & Ellis

Jaime Hildreth

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

Allan Jean-Baptiste

Principal, TMT Growth Equity, KKR

Michael Mankowski

COO, Echo Health Ventures

Michael Quadrino

Managing Director Alternative Assets, Citigroup

Chris Schelling

Director, Private Equity, TMRS
2:30 PM-2:45 PM

Break – Refreshments Available – Colonnade

2:45 PM-3:45 PM

Panel Discussion Session I: Responsible Investing – Hill Central

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.

2:45 PM-3:45 PM

Teach In Session II: The Role of Alternatives in Defined Contribution Plans – Hill South

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.

 
MODERATOR

Jonathan Epstein

President, Defined Contribution Alternatives Association
 
FEATURED PARTICIPANTS

Serge Boccassini

Senior Vice President, Northern Trust

Robert Long

President, Star Mountain Capital

Michelle Rappa

Managing Director, Neuberger Berman
2:45 PM-3:45 PM

Roundtable Discussion Session II: Real Assets – Hill North

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.

 
FEATURED PARTICIPANTS

Adriana De Alcantara

Managing Director, Portfolio Manager, TH Real Estate

Tom Errath

Senior Vice President, Harrison Street

Tom Errath

Senior Vice President, Harrison Street

Thomas Loughrey

Founder, Loughrey Fundamental Energy

Tom Masthay

Director, Real Assets, TMRS

Charlie McNairy

CEO, International Farming Corporation
3:45 PM-4:00 PM

Break – Refreshments Available – Colonnade

4:00 PM-5:00 PM

Teach-in Session III: The Role of Emerging Markets in Private Equity – Hill South

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.

 
SESSION LEADER

Michael Casey

Founder & Managing Director, Portico Advisors
4:00 PM-5:00 PM

Panel Discussion Session III: Global Credit – Hill Central

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.

 
MODERATOR

Jonathan Duensing

Deputy Chief Investment Officer, Amundi Pioneer
 
PANELISTS

John Fiscella

Principal, Oak Hill Advisors
4:00 PM-5:00 PM

Roundtable Discussion Session III: CIO Discussion – Hill North

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.

 
MODERATOR

Mike Elio

Partner, StepStone
 
FEATURED PARTICIPANTS

Brad Briner

Co-CIO, Willett Advisors

TJ Carlson

CIO, Texas Municipal Retirement System

Jonathan Grabel

CIO, Los Angeles County Employees Retirement Association

Bryan Lewis

CIO, Pennsylvania State Employees’ Retirement System

Michael Studer

Partner, Chief Risk Officer & Head of Portfolio Solutions, Partners Group
5:00 PM-6:15 PM

Cocktail Reception

6:15 PM-8:00 PM

Dinner, Keynote – Chancellor’s Ballroom

 
KEYNOTE ADDRESS

Gary W. Parr

Senior Managing Director, Apollo Global Management, LLC
 
 

INSTITUTE FOR PRIVATE CAPITAL

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.

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