WEALTH INEQUALITY

Agenda

Check back for additional speakers

 

Thursday, March 26

8:00 AM-9:00 AM

Check In & Breakfast

Colonnade
9:00 AM-9:15 AM

Welcome

Hill Ballroom
 
SPEAKER

Greg Brown

Van and Kay Weatherspoon Distinguished Professor of Finance, UNC Kenan-Flagler Business School; Founder & Research Director, Institute for Private Capital
9:15 AM-11:00 AM

Keynote Addresses

Hill Ballroom

9:15 AM

 
SPEAKER

Victoria Ivashina

Lovett-Learned Professor of Business Administration, Harvard Business School

9:50 AM

 
SPEAKER

Robert Kahn

Managing Director, Global Macro, Eurasia Group

10:25 AM

11:00 AM-11:30 AM

Networking Break

Colonnade
11:30 AM-12:50 PM

Luncheon Keynote

Chancellors’ Ballroom
 
SPEAKER

Brad Briner

State Treasurer of North Carolina
1:00 PM-1:50 PM

Session I

Panel IA: AI in Alternatives: The LP Experience

Hill South

From use in deal sourcing, due diligence, and predictive modeling, AI tools have the potential to transform private markets and revolutionize investment strategies across the spectrum of alternative asset classes. But is this transformation happening? How are lps turning AI from a buzzword to a practical tool (or are they?)? Join this panel for a candid conversation and practical guidance about what’s working, what isn’t, and how AI is reshaping diligence, portfolio construction, and oversight.

Panel IB: Evergreens, Wealth, and the "Retailization" of Private Markets

Hill North

Perpetual capital has become one of the cornerstone themes in private markets in the last year. These “evergreen funds” allow managers to reinvest fund proceeds and focus on sustainable value creation. However, they may also present liquidity and alignment issues. These structural differences between evergreens and traditional closed-end funds may affect manager decisions such as type, timing, and strategy for fund investments. This panel examines issues related to evergreen fund portfolio management that are important for both gps and lps to consider when making investment decisions.

Roundtable I: Private Equity

Hill Central

This roundtable will tackle the most pressing topics in private equity: from shifting valuations, and evolving exit pathways, to capital competition. Join this roundtable for a broad discussion of the industry from every angle: deal sourcing, value creation, fundraising, and portfolio management.

Applied Research Track I

Alumni Room
1:50 PM-2:05 PM

Break

Colonnade

Refreshments available

2:05 PM-2:55 PM

Session II

Panel IIA: Liquidity Solutions for an Illiquid World

Hill South

Private markets are awash in capital yet constrained by liquidity. As fundraising slows and holding periods stretch, an array of liquidity solutions has come to market. From secondaries to continuation vehicles (cvs), from GP stakes to CV2… how are investors thinking about opportunities, trade-offs, and best practices?

Panel IIB: Middle Markets

Hill North

With companies large enough to demonstrate proven economics yet small enough to offer meaningful value-creation upside, the middle market continues to attract record levels of capital. But is the opportunity set expanding…or becoming overcrowded? Are today’s valuation expectations sustainable? How are sponsors sourcing proprietary deals when everyone claims they have an edge? And with rising interest rates and tighter credit conditions, which operational levers actually move the needle for middle-market companies?

Roundtable II: Real Assets

Hill Central

The landscape for investors in real assets is shifting fast: renewables are scaling, digital infrastructure is exploding, and traditional sectors like transportation and real estate face structural reinvention. And with private credit increasingly intertwined with real-asset financing, is the boundary between these asset classes disappearing? This roundtable will examine risk, return, and the diverse opportunity set found in today’s real-asset market.

Applied Research Track II

Alumni Room
2:55 PM-3:10 PM

Break

Colonnade

Refreshments available

3:10 PM-4:00 PM

Session III

Panel IIIA: TPA and Private Assets

Hill South

As the “total portfolio approach” gains momentum, private assets are being re-evaluated not as standalone sleeves but as components of a unified, risk-balanced portfolio. This panel discussion will examine how these assets fit into a holistic portfolio framework and address some of the important questions generated by TPA. Are illiquid assets truly delivering the diversification benefits investors assume? How should allocators size long-duration exposures when liquidity demands are rising? And what happens when traditional benchmarks no longer capture the role private markets play in a total-portfolio context? How should TPA adopters balance the tension between maximizing returns and maintaining flexibility?

Panel IIIB: Venture Capital

Hill North

The landscape for technology, startups, and the economy continues to rapidly change, while competition for investment opportunities intensifies, and firms face increased scrutiny from regulators and the public. Even as valuations are recalibrated, the interest in AI, climate tech, and healthcare innovation remains high. Join our panelists for a discussion of the challenges and the opportunities facing venture capital in an era defined by disruption.

Roundtable III: Credit Strategies

Hill Central

Private credit has become one of the most dynamic—and debated—corners of the alternatives landscape, offering investors yield, diversification, and a front-row seat to structural shifts in the global lending market. This roundtable discussion will take a wide-angle view of the asset class, exploring the strategies, sectors, and structures best positioned to balance risk and return.

Applied Research Track III

Alumni Room
4:00 PM-4:15 PM

Break

Colonnade

Refreshments available

4:15 PM-5:30 PM

Roundtable IV: CIO Discussion

Chancellors’ Ballroom

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 CIOs to discuss the key themes that are driving investment decisions across the portfolio.

5:30 PM-6:30 PM

Cocktail Reception

Hill Courtyard
 
 

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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