AIC

Agenda

 

Thursday, March 28

9:00 AM-9:45 AM

Break – Colonnade

Check In & Breakfast

9:45 AM-10:00 AM

Welcome – Hill Ballroom

 
SPEAKER

Greg Brown

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

Keynote Address – Hill Ballroom

  • Principals of Effective Portfolio Construction
 
KEYNOTE ADDRESS

Mark Anson

CEO & CIO, Commonfund

Andrew Palmer

CIO, Maryland State Retirement and Pension System
11:30 AM-11:45 AM

Break

11:45 AM-1:15 PM

Keynote Address – Chancellor’s Intermediation Ballroom (Luncheon)

  • The Growing Importance of Private Capital and Innovation in Financial
  • The Evolution of Alternative Asset Managers
 
KEYNOTE ADDRESS

Brad Coleman

Chairman - Global Asset Managers Group, Citigroup

Lauren Dillard

Head of Investment Solutions, The Carlyle Group
1:15 PM-1:30 PM

Break

1:30 PM-2:30 PM

Session I

Panel Discussion A: Diversifying Strategies - Hill South

Volatile market conditions driven by a myriad of factors including some signs of a slowdown in global growth, domestic policy, technology disruption, and geopolitical instability, pose significant challenges to traditional investment strategies. Managers are evolving in the face of market pressures to diversify their product base, increase asset stability and develop customized solutions to meet client needs. In some cases, this has included a move into closed-end / longer lock-up strategies. Join our panel as they explore these issues, and potential solutions, from both the investor and manager perspectives.

 
MODERATOR

Christian Lundblad

Professor of Finance, UNC Chapel Hill
 
PANELISTS

Michael Buckius

CIO, Gateway Investment Advisers - Natixis

Chad Cleaver

Portfolio Manager, Driehaus Capital Management

Justin Lenarcic

Global Alternative Investment Strategist, Wells Fargo

Ryan Roderick

Partner, Partner Fund Management

Panel Discussion B: 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 spans a 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.

 
MODERATOR

Meredith Jones

Partner, Aon Hewitt
 
PANELISTS

Bret Batchelder

Managing Director, Cherokee

Dan Jacobs

Principal, CD&R

Christopher Walker

Principal, HarbourVest

Roundtable Discussion: Private Equity (Buyout) - Hill North

Private equity returns have exceeded public market equity returns over a long horizon. However large capital inflows, rising rates, high valuations and policy uncertainty pose significant challenges looking forward. What techniques or factors are being developed to preserve private equity outperformance? From a new investments perspective, what opportunities are most actionable today? Against this background, our panel will discuss the implications for long-term investment strategies, aiming to develop appropriate tactical responses for portfolio allocators.

 
MODERATOR

Peter Witte

Private Equity Strategic Analyst, Ernst & Young
 
PANELISTS

Peter Bosman

Partner, Smith Anderson

Pete Keliuotis

EVP & Head of Alternatives, Callan

Ed McMahan

Managing Partner, Falfurrias Capital Partners

Davis Noell

Managing Director, Providence Equity

Sheryl Schwartz

Managing Director, Flexstone Partners

Ferdinand Seibert

Managing Director, Zurich Asset Management

John Stott

Managing Director, Landmark Partners

Rudy Stucke

Director Quantitative Research, Warburg Pincus
2:30 PM-2:45 PM

Break – Colonnade

Refreshments Available

2:45 PM-3:45 PM

Session II

Panel Discussion A: Private Credit - Hill South

Allocations to private credit have exploded over the last decade as investors seeking attractive current yield, low correlation, and expectations for liquidity premiums were matched with managers originating loans in the middle market. As late-stage cycle dynamics begin to manifest, what risks and opportunities exist today in private credit that could impact asset class performance during the next several years?

 
MODERATOR

Sylvia Owens

Global Private Credit Strategist, Aksia
 
PANELISTS

Michael Becker

Co-Founder, Plexus Capital

Jason Cunningham

Founder, Eaglehill Advisors

Tarik Dalton

Founder, Price Cameron Woods

Ashwin Krishnan

Co-Portfolio Manager, Morgan Stanley Credit Partners

Eric Muller

Portfolio Manager and Partner, Oak Hill Advisors

Panel Discussion B: Due Diligence - Hill Central

Manager selection remains one of the most important criteria for outperformance. As technology plays an increasing role, what strategies, tools and approaches have proven most effective at advancing the effort to deliver outperformance through manager selection? Join our session to review some of the best practices that have proven effective at manager selection.

 
MODERATOR

Kristen Doyle

Partner, Aon Hewitt
 
PANELISTS

Tom Keck

Partner, Stepstone

Andrew Palmer

CIO, Maryland State Retirement and Pension System

Julia Wittlin

Managing Director, BlackRock Private Equity

Roundtable Discussion: Real Assets - Hill North

Allocations to real asset investments – including real estate, natural resources, agriculture and infrastructure, among others- have been increasing as investors sought attractive total returns over the long term, while maximizing the potential for real returns in periods of rising inflation. But the market is sending uncertain signals about potential inflation. Additional risks such as political uncertainty, housing affordability, technology disruption and climate change all pose threats and potential opportunities to a diversified portfolio. Join our roundtable to review strategies for positioning institutional investor portfolios using real assets.

 
MODERATOR

Mike Brand

Managing Director, Cambridge Associates
 
PANELISTS

Trey Dempsey

Partner, SilverCap Partners

Miguel Gonzalo

Partner & Head of Investment Strategies, Adams Street Partners

Tom Heneghan

CEO, Equity International

Hadley Peer Marshall

MD-Infrastructure, Brookfield Asset Management

Charlie McNairy

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

Break – Colonnade

Refreshments Available

4:00 PM-5:00 PM

Session III

Panel Discussion A: Venture Capital - Hill South

2018 was another record year for VC investing worldwide on both a deal and dollar volume basis. While the pace of deal-making accelerated, so did the size, with more $100mm round financings than any year on record. Additionally, the pace of earlier stage investing has grown as well. Emerging technologies and other sector-specific disruptors continue to drive investment dollars, albeit in an environment many would describe as late-cycle—peak valuations, later exits and aggregation of capital amongst fewer participants (including corporate VCs). Join our session to review emerging themes for VC investing in 2019.

 
MODERATOR

Peter Cornelius

Managing Director, AlpInvest Partners
 
SPEAKER

Barry Gonder

Senior Advisor, Grove Street

David Jones

Co-Founder, Bull City Venture Partners

David Mannheim

Partner, Nelson Mullins

Kevin Tunick

Vice President & Managing Director, UNCMC

Panel Discussion B: Driving Diversity in Alternatives - Hill Central

Increasingly, data-driven discussions continue to support that diversity within the alternatives industry delivers returns on investment. However, current statistics on diversity within alternatives reveal a substantial gap persists. The panel will discuss the overall findings, current strategies and best practices for integrating diversity across the alternatives industry.

 
MODERATOR

Melissa Waller

Director of Public & Private Partnerships, Kenan Institute
 
PANELISTS

Cindy Esparragoza

Program Manager, Girls Who Invest

Kara Helander

CDO, The Carlyle Group

Bryan Lewis

CIO, Pennsylvania State Employees’ Retirement System

Roundtable Discussion: CIO Discussion - Hill North

With late-cycle indications on the horizon, how have the key risks and opportunities across sectors impacted asset allocation decision making? What key concerns are most frequently voiced from their constituents regarding portfolio investment strategy and performance? Join our roundtable of leading US CIO’s to discuss the key themes that are driving investment decisions across the portfolio.

 
MODERATOR

Mike Elio

Partner, StepStone
 
PANELISTS

Brad Briner

CIO, Willett Advisors

Jonathan King

CIO, UNC Management Company

Andrew Palmer

CIO, Maryland State Retirement and Pension System

Neal Triplett

President and CEO, DUMAC
5:00 PM-6:15 PM

Cocktail Reception – Hill Courtyard

6:15 PM-8:00 PM

Dinner Keynote – Chancellor’s Ballroom

 
KEYNOTE ADDRESS

Richard Chilton

CEO & CIO, Chilton Investment Company
 
 

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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