Private Markets Investment Forum 2018

Hyatt Regency Scottsdale, Scottsdale, AZ
January 8, 2018 - January 10, 2018

-- --

The private markets aren’t merely another segment of finance, but a revelation for investment management. The deals, products—and even the clients—involved with private market assets and investments represent countless variations on a theme. Fluid and rife with latent opportunities for competitive differentiation, the overnight growth of the private markets has caught industry pundits off-balance, hindering efforts at pigeonholing.

Thanks to that growth, private equity funds today are no longer exclusive, but widely available to sophisticated 401(k) plans. Additionally, private fund structures are no longer limited to unlisted shares—credit and debt are included as well. Meanwhile, private investments in real estate and infrastructure eschew financial instruments altogether, opting instead to monetize projects tied to properties or public works. Lastly, the growth of the private markets has set in motion a blurring of roles between limited and general partners, reframing LPs—endowments and foundations, pensions and family offices—as direct investors pitted against their erstwhile managers.

Our Private Markets Investment Forum is a venue to foster open dialogue and professional education for both institutional and high-net-worth capital allocators and managers. Presented as a series of panel discussions and standalone presentations, our lineup of expert speakers will debate and discuss the trends, issues and challenges facing private markets. Sponsored speaking and networking opportunities are currently available. Join us as event partner, and gain heightened exposure to our vast investor database while building a reputation for thought-leadership, increasing brand awareness and meeting prospective customers privately or in a group setting.

Current as of January 9, 2018

8:00am

Exhibitor Setup

9:00am

Registration

12:55pm

Welcome

1:00pm

Trumponomics: Making the Market Great Again?

For all his anti-globalization rhetoric, Donald Trump lined his presidential cabinet with Wall Street pedigree.  Facing a federal investigation and furthering polarization, can his fiscal vision of reduced regulation and tax reform be realized?

Moderator

Carol Schleif, CFA, Deputy Chief Investment Officer, Abbot Downing

Panelist

James McGrath, CFA, CAIA, Director of Research, Forbes Family Trust

Panelist

Bradley Belt, Chairman, PCM LLC

Panelist

Sandip Bhagat, CFA, Chief Investment Officer, Whittier Trust Company

2:00pm

Tax Reform and Private Wealth

Is the new tax bill a high-net-worth friend or foe?  Our Standalone Presentation will measure the breadth and depth of its impact on how private wealth is managed and invested.

Kreig Mitchell, Tax Attorney, Engineered Tax Services

2:30pm

Fireside Chat: Fair and Transparent Private Equity Regulation

CalPERS and ILPA lead a mounting chorus of disapproval over asset valuation and performance reporting in private equity.  Despite general partner support for standardized fee disclosure, looming rollback legislation is on track to undo investor protection.

Peter Gerlings, CFA, CAIA, Senior Vice President, Segal Marco Advisors

Shawn Quinn, Vice President, Wilshire Private Markets Group

3:00pm

Networking and Refreshment Break

Sponsored by:

Allianz Global Investors

3:15pm

Private Equity Real Estate: Deal Flow and Dry Powder

Despite competition and cost, private equity real estate is a perennial outperformer.  Evaluating core, core-plus, debt, distressed, opportunistic and value-added.

Moderator

David McConico, Chairman, City of Aurora (CO) General Employees' Retirement Plan

Panelist

DJ Van Keuren, VP, Hayman Family Office (SFO)

Panelist

John ‘Boots’ Dunlap, Chief Executive Officer, RRA Capital

Jason Fooks, Vice President, Safety, Income & Growth

4:15pm

Death by Unicorn: Venture Capital and IPO Inertia

Airbnb and Uber signaled a tipping point for startup funding and business valuation.  By flouting IPO convention, “Unicorn” venture capital is putting both Wall Street and Silicon Valley—at risk.

Moderator

Josh Roach, Managing Partner, Lloyd Capital Partners

Panelist

Michael Markowski, Founder, Dynasty Wealth

Panelist

Aman Verjee, Chief Operating Officer, 500 Startups

5:30pm

Conference Concludes

6:00pm

College Football Playoff Championship Cocktail Reception

8:00am

Networking Breakfast

8:55am

Welcoming Remarks

9:00am

Existential Threat, Nightmare Scenario

The insult battle between the White House and Kim Jong-un is masking precise danger.  CIA and Capitol Hill official Peter Pry on U.S. failure to neutralize electromagnetic pulse (EMP) attack.

Keynote Speaker

Peter Pry, Executive Director, Task Force on National and Homeland Security

9:30am

Disruptive Innovation: Private Capital and Technology

Private capital is bankrolling transformative technology and in turn being transformed by it.  So what technology is hot in 2018?  Our expert panel is invested in market disruption.

Moderator

Christopher Nolte, Chief Investment Officer, Marcus Investments

Panelist

Don Megrath, CFO, ABOM

Panelist

Reed Madison, Principal, Aspenwood Capital

Panelist

Michael Markowski, Founder, Dynasty Wealth

Panelist

Stephen Powaga, Managing Director, ETF Momentum Investing

Panelist

Homan Yuen, Managing Partner, NewGen Capital

10:45am

Networking and Refreshment Break

11:00am

White Shoe or Off the Rack?  Rethinking Barrier to Entry

Compared to its longstanding blue blood and VIP access, private equity is going mom and pop.  While the industry might celebrate newfound revenue, private equity will never be retail.

Moderator

William A. Pusey, Jr., Senior Wealth Advisor, Keel Point (MFO)

Panelist

Howard Cooper, CEO, Cooper Family Office (SFO)

Panelist

Dan Parker, Deputy Chief Investment Officer, Texas Tech University System

11:45am

Digital Economy Transformation

About transformation of economy to digital from industrial which began in 1969 and impact that digital economy is having on evolution of private and public capital markets.

Michael Markowski, Founder, Dynasty Wealth

12:05pm

Global Risk, Geopolitical Strategy & American Leadership 2020

The polarized U.S. is receding from its role as champion of Democratic globalization, while North Korea and Russia are posing existential menace.  A look into the future of geopolitical change.

John Sitilides, Principal, Trilogy Advisors

12:40pm

Luncheon Keynote Presentation

Investing in Sports

Keynote Speaker

David Checketts, Managing Partner, Checketts Partners Investment Management

2:00pm

Afternoon Address: What to Expect from U.S. Congress in 2018

Keynote Speaker

United States Senator Paul Strauss, District of Columbia (Shadow)

2:30pm

Private Debt I: The Asset Class

Filling a market vacuum in financial liquidity, “private debt’” is a broad brush for a varied product offering.  Underneath its umbrella term, the asset class can be sub-defined and differentiated.

Moderator

Scott Stelzer, Senior Managing Director, Cerberus Capital Management

Panelist

Paul Lisiak, Managing Partner, Metropolitan Partners Group

Panelist

Kevin Coyne, Chief Executive Officer, Canal Holdings

Panelist

Mark Linnan, Managing Director, PennantPark Investment Advisers

3:30pm

Private Debt II: LP Point of View

In the wake of Wall Street reform, private debt went from shadow banking to $560 billion global asset class.  But has investment performance kept pace with growth or lived up to promise?

Moderator

Larry Witt, CFA, Senior Vice President, Meketa Investment Group

Panelist

Al Alaimo, CFA, Senior Portfolio Manager, Fixed Income, Arizona State Retirement System

Panelist

David Marcus, Chief Investment Officer, Stony Brook Foundation

Panelist

Dail St. Claire, Director, Finance and Investment, Episcopal Church Foundation

4:30pm

Interactive Workshop: Investing in Cannabis

Q: How did legal cannabis become both a potential multibillion-dollar market and prolific job creator, incorporating beauty and skin care, mobile application technology and even brand licensing of reggae legend Bob Marley? A: Decriminalization—and private equity.

Moderator

Bill Brothers, President, Arizona Facility Supply

Panelist

Doug Watler, Board Member & Trustee, Deerfield Beach Fire Pension

Panelist

Maxim Zavet, President, Emblem Cannabis

5:30pm

Cocktail Reception

8:00am

Continental Breakfast

8:50am

Welcoming Remarks

9:00am

Direct Private Equity Investment: For and Against

Is forgoing general/limited partner tradition in private equity daring or dangerous?  Lower cost and higher return will not happen without operational knowhow.

Moderator

Brandon Laughren, Managing Director, Co-Founder and CIO, The Laughren Group (SFO)

Panelist

Rob Bauer, Managing Director, Bassett Creek Capital

Panelist

Vaughn Brock, Chairman, Veritas Family Partners (SFO)

9:45am

How Private Equity is Professionalizing Impact Investing

Investing to better people and planet is not only noble but lucrative.  The pioneer era of impact investing is here, but widespread misperception must be challenged.

Moderator

Susanne Bregy, Managing Director, Rhodanus Capital

Panelist

Chris Walters, Managing Director, GenSpring Family Offices

Panelist

Randy Norton, Managing Partner, Green Mesa Capital

Panelist

Thomas Forma, Senior Institutional Consultant, Morgan Stanley

10:30am

Political Reality in U.S. Infrastructure Investing

To redress crumbling infrastructure, President Donald Trump unveiled a project finance model pioneered in Thatcherite Britain.  Despite an energy boon, America is opposed to privatization.

Moderator

Jay Yoder, CFA, Managing Director, Real Assets, Pavilion Alternatives Group

Panelist

Brad Morse, President, Morse Energy Capital

Panelist

Todd Lappena, Partner, Infrastructure, StepStone Group

Panelist

Mark Gaalswyk, Chief Executive Officer, Easy Energy Systems

11:15am

From Fire Sale to On Fire: Secondary Private Equity

Unlike the distress selling following the financial crisis, par value and outsized demand define the current private equity secondary market.  What to expect in return for record fundraising data?

Moderator

Brian Murphy, CFA, Managing Director, Portfolio Advisors

Panelist

Cari Lodge, Head of Secondary Private Equity, Commonfund Capital

12:30pm

Golf Outing

1star
Hyatt Regency Scottsdale
7500 East Doubletree Ranch Road, Scottsdale, AZ, United States


We are SOLD OUT the night of January 9th ONLY.
Nearby hotels include:
Gainey Suites Hotel 480-922-6969 http://www.gaineysuiteshotel.com/

Andaz Scottsdale 480-368-1234 https://scottsdale.andaz.hyatt.com/en/hotel/home.html
Government Rate* - Single $289
Government Rate* - Double $289
Standard Rate - Single $309
Standard Rate - Double $309
*Government Rooms are subject to approval. All prices exclude state and local taxes, currently 13.92%.
  • Rooms are available only to those participants who are registered conference attendees.
  • Rooms will not be guaranteed without a credit card.
  • Rooms are allocated on a first come first serve basis. Room types/rates are subject to availability.
  • The name on the form will be the name of the guest room.

Registration Pricing

Standard Rate
Manager/Service Provider $2,895
Fund of Funds/Seeders $1,995
Family Office, Endowment, Foundation, Pension Fund, Plan Sponsors, Non-Discretionary Consultants*** Complimentary*

*** Institutional End-Investors include: organizations that are solely investing on their own behalf in alternatives and do not sell any alternative investment products or services to clients including; sovereign wealth funds, pension funds, endowments, foundations, family offices, private clients and treasury.
*Subject to Opal Group’s verification and approval. Only individuals who are solely investing on their own behalf can be verified for a complimentary pass. Solution Providers or Fund Providers to 3rd parties will not be able to receive complimentary access. As investment portfolios/strategies are constantly changing, we reserve the right to re- verify past delegates for future complimentary passes.

Investing in Sports

Presented by

David Checketts, Managing Partner, Checketts Partners Investment Management

A Washington, D.C. Update -- What to expect coming out of Congress in 2018

Presented by

United States Senator Paul Strauss, District of Columbia (Shadow)

  • Decoding ‘Trumponomics’
  • Private equity ‘retailization’
  • Fiscal, regulatory change under the Trump administration—who will win, who will lose?
  • Pressure and pushback on transparent private equity fee, performance disclosure
  • Fixing U.S. infrastructure vs. anti-privatization
  • Private equity direct and co-investment
  • ‘Unicorn’ venture capital risk
  • Selling secondary private equity par value
  • Timely divestment vs. exiting too early or too late
  • Rethinking opportunistic credit and private debt
  • Alternative private real estate
  • ‘Permanent’ private equity capital
  • Investing for impact post-Paris accord
  • Chief investment officers
  • Investment officers
  • Heads and directors of due diligence
  • Head and directors of fund selection
  • Heads and directors of research
  • Research analysts
  • Portfolio managers
  • Single-family offices
  • Multi-family offices
  • Fee-only investment advisors
  • Corporate pensions
  • Public pensions
  • Private equity funds
  • Private equity portfolio companies
  • Private equity real estate funds
  • Private debt funds
  • Alternative lending funds
  • Infrastructure investment funds
  • Venture capital funds
  • Foundations and endowments
  • Outsourced chief investment offices
  • Wealth management technology platforms
  • Third-party private fund administrators
  • Performance measurement and reporting vendors
  • Private fund accounting firms
  • Investment consultants