IIR & IBC Finance is part of the Knowledge and Networking Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 3099067.

Informa
Showing of Streams
Showing of Streams
10:50 - 11:20

Networking break

More
Showing of Streams
12:40 - 13:40

Networking lunch break

More
Showing of Streams
15:30 - 16:00

Networking break

More
Showing of Streams
17:10 - 17:15
End of main conference day one

End of main conference day one

More
17:15 - 18:45

Networking drinks reception

More
08:00 - 08:55 55 mins
Info
LP Only
LP breakfast meeting
  • Kenneth Tom - Investment Director, Cambridge Associates, LLC

The end of fund management: how is direct investing changing the PE landscape?

By invitation only

Open to pre-registered development finance institutions, endowments, foundations, insurance companies, pension funds and sovereign wealth funds, subject to qualification

08:15 - 08:55 40 mins
Day 1
Registration
08:55 - 09:05 10 mins
Day 1
Chair’s opening remarks
  • Chair DJ Peterson - President, Longview Global Advisors
09:05 - 09:30 25 mins
Info
Day 1
The state of the industry: from the CIO
  • Jonathan Grabel - Chief Investment Officer, Los Angeles County Retirement Association

Are return expectations different for 2019?

What’s new and interesting in private equity?

Does the current investment model need to change?

09:30 - 10:10 40 mins
Info
Day 1
Taking a different tack: how to sail through changing economic climates
  • Moderator Ruth Yang - Managing Director, Leverage Commentary and Data, S&P Global Market Intelligence
  • Panellists Jordon Kruse - Co-Portfolio Manager, Special Situations Group, Oaktree Capital Management
  • Christopher Brothers - Managing Partner, Solace Capital Partners, L.P.
  • Tingting Zhang - President & Portfolio Manager, TerraCotta Group

How do inflation and interest rates impact exits? How to deploy capital in a recession; Where to find higher yields safely; How to find more niche opportunities with better absolute and risk adjusted returns

10:10 - 10:50 40 mins
Info
Day 1
How are LPs developing their ‘Plan B’ strategies for unexpected shifts in the US and global economy?
  • Moderator Mark Perry - Managing Director, Wilshire Private Markets
  • Panellists Zach Jackson - Vice President, QIC Global Private Equity
  • James McIntire - Senior Advisor, Star Mountain Capital
  • Darryl Walker - Unit Supervisor/Trustee, Alameda County Probation Department/Alameda County Probation Department/ACERA Alameda County Employees Retirement Association

Are investment strategies changing to respond to the volatile politics? What can GPs expect from investors in different scenarios? What does a ‘robust’ contingency plan look like?

10:50 - 11:20 30 mins
Networking break
11:20 - 11:40 20 mins
Info
Day 1
Keeping ahead of the pack: how to be quick, agile, and flexible
  • James C. Snyder - Partner, Hammond, Kennedy, Whitney & Company

How to keep an investment process simple as businesses become more complex; How to action things quickly but effectively, as opportunities both arrive and disappear fast; What methods to use to keep on top of new trends

12:00 - 12:40 40 mins
Info
Day 1
Adjusting altitude: which exit strategy is best when markets are changing?
  • Moderator John Crocker - Managing Partner, Matinicus LLC
  • Panellists Jackie Kelley - Americas IPO Markets Leader, EY
  • Shawn K. O'Neill - Managing Director & Group Head, Silver Lake Waterman
  • Ronan Cunningham - Managing Director, Spectrum Equity

Surveying the exit options: what are the pros and cons of different exit routes in the current market? How can GPs make money on exit when they’ve paid a high price on entry? Is staying private a good thing for companies? Should regulations be cut to encourage more IPOs?

12:40 - 13:40 60 mins
Networking lunch break
13:40 - 13:50 10 mins
Track A: Secondaries
Track Chair opening remarks
  • Chair Gerald Cooper - Partner, Campbell Lutyens
13:40 - 13:50 10 mins
Track B: Consumer activism and private equity
Track Chair opening remarks
  • Chair David Fann - President & CEO, TorreyCove Capital Partners
13:50 - 14:05 15 mins
Info
Track A: Secondaries
How big is the secondaries market and where are we seeing the most activity?
  • John Stott - Managing Director, Landmark Partners

Is there a danger of a secondaries bubble? Is the secondaries market fully developed and has it stabilized? How is politics affecting key secondaries markets?

13:50 - 14:05 15 mins
Info
Track B: Consumer activism and private equity
Radical change and its far-reaching implications: How is consumer activism changing the PE landscape?
  • Solo Presentation Sang Lee - Co-Founder, DarcMatter

How does consumer activism affect PE? How big is consumer activism as a trend? How to capture the next generation of consumer; Which ‘sin stocks’ are LPs most likely to avoid?

14:05 - 14:35 30 mins
Info
Track A: Secondaries
The development of LP portfolio sale secondary investments
  • Moderator Gerald Cooper - Partner, Campbell Lutyens
  • Panellists Cari Lodge - Managing Director & Head Of Secondaries, Commonfund Capital
  • Richard Golaszewski - Executive Director, Equity & Fund Investment Solutions, Nomura
  • Yann Robard - Managing Partner, Whitehorse Liquidity Partners

How attractive are LP portfolio sale opportunities for secondary buyers given the current environment?  How can buyers find their angle for these transactions in a highly competitive market?  How has the perception of these transactions changed amongst potential sellers?  What are some lessons learned from the financial crisis?  Will LP portfolio sales continue to drive the secondary market?

14:05 - 14:35 30 mins
Info
Track B: Consumer activism and private equity
Creating an impact: how do managers create returns in a way that benefit an ESG agenda?
  • Moderator David Fann - President & CEO, TorreyCove Capital Partners
  • Panellists Jackie Roberts - Managing Director & Chief Sustainability Officer, The Carlyle Group
  • Adam Heltzer - Head of ESG & Sustainability, Partners Group
  • Maya Chorengel - Senior Partner, Impact & Financial Services Sector Lead, The Rise Fund

What is the future of ESG and Impact Investing? Can managers go beyond the United Nations’ Sustainable Development Goals? What challenges remain to be overcome? How can LPs balance fiduciary responsibility with sustainable investing? Which sectors are best for striking this balance?

14:35 - 15:05 30 mins
Info
Track A: Secondaries
Taking the lead: how GP led secondaries are creating liquidity
  • Moderator David Perrin - Principal, Campbell Lutyens
  • Panellists Clifford Meijer - Managing Director – US, Headway Capital Partners LLP
  • Joseph Marks - Managing Director, Capital Dynamics
  • Sven Weber - Strategic Advisor, Knightsbridge Advisers

How have GPs developed liquidity options through secondaries? What are the core differences between a PE and VC secondary option? Is the market set to continue in the same direction?

14:35 - 15:05 30 mins
Info
Track B: Consumer activism and private equity
How are LPs driving changes in ESG policies in PE?
  • Moderator Randy Mitchell - Chief Development Officer, Private Capital Development, LLC
  • Panellists Vishnu Amble - Investment Executive, Traverse Holdings
  • Gordon Hargraves - Partner, Private Advisors
  • Joshua Sobeck - Partner, 747 Capital

Are LPs changing their demands on GPs in response to political/social sentiment or in response to their own stakeholders? How can a GP do proper due diligence on portfolio companies to assess future ‘hot potato’ issues? How is profit with purpose impacting returns and how can it be measured?

15:05 - 15:30 25 mins
Info
Track A: Secondaries
Examining different secondaries strategies
  • Table 1 David Phillip - Managing Director of the Fund Liquidity Solutions Group at Crestline Investors and Senior Portfolio Manager of the Portfolio Financing Fund, Crestline Investors
  • Table 2 Joncarlo Mark - Founder & Managing Member, Upwelling Capital Group
  • Table 3 Joel Denny - Managing Director, Head of Equity & Fund Investment Solutions Group, Nomura

What new strategies are available in the secondaries market?

Table 1: Preferred Equity

Table 2: Ensuring execution as a seller

Table 3: Leverage in secondary transactions

15:05 - 15:30 25 mins
Info
Track B: Consumer activism and private equity
Brainstorming for better ESG
  • Table 1 Discussion Leader: Gregory Bowes - Co-Founder & Managing Principal, Albright Capital Management
  • Table 3 Discussion Leader David Fann - President & CEO, TorreyCove Capital Partners
  1. Metrics: how to capture and measure material impact - Gregory Bowes
  2. Due diligence: what to capture in the due diligence process as a GP to identify potential nightmare scenarios
  3. Diversity: different ways to improve gender diversity - David Fann
15:30 - 16:00 30 mins
Networking break
16:00 - 16:30 30 mins
Info
Track A: Secondaries case studies
Getting to grips with specialist markets in secondaries
  • David Park - Co-Founder, Headlands Capital

What is the definition of a secondary? What does a non-traditional secondaries deal look like? Are corporate venture vehicles the new secondaries? Which secondaries provide the best liquidity options?

16:30 - 17:10 40 mins
Info
Track A: Secondaries case studies
Co-investment in secondaries
  • Moderator Alex Shivananda - Managing Director, Cambridge Associates LLC
  • Panellists Sunaina Sinha - Managing Partner, Cebile Capital
  • Bonar Chhay - Founder & Managing Partner, Felicitas Global Partners, LLC
  • Kumber Husain - Managing Director, Head of Americas Private Equity, DWS Group

How to maximise the opportunities in a secondaries co-investment; What are the best strategies when co-investing in secondaries? Which strategies have provided the greatest returns?

16:30 - 17:10 40 mins
Info
Track B: Private Credit
Private credit on the West Coast: opportunities and challenges
  • Moderator Stuart Blair - Director of Research, Canterbury Consulting
  • Panellists Bill Cisneros - President, Primary Wave IP Investment Management
  • Doug Cruikshank - Head of Fund Financing and Hark Capital, Aberdeen Standard Investments
  • Michael McGonigle - Managing Director, Audax Group

What are the current trends in private credit and income strategies on the West Coast? What will the impact of rising rates be on the credit market? How should LPs adjust their portfolios for a rainy day? Is there going to be a growing market for Net asset subscription lending?

17:10 - 17:15 5 mins
End of main conference day one
17:15 - 18:45 90 mins
Networking drinks reception