Chief Investment Officer, NEW MEXICO STATE INVESTMENT COUNCIL
Portfolio Manager, Alternative Investments, ONTARIO TEACHERS' PENSION PLAN BOARD
Portfolio Manager, ONTARIO TEACHERS' PENSION PLAN BOARD
Chief Deputy Treasurer, SAN DIEGO COUNTY TREASURER’S OFFICE
Chairman, Investment Committee, TEXAS PERMANENT SCHOOL FUND
President, CHICAGO (IL) PARK EMPLOYEES A&B FUND
Vice Chairperson, TEACHERS' RETIREMENT ALLOWANCES FUND
Chairman, AUSTIN (TX) POLICE RETIREMENT FUND
Trustee, AUSTIN POLICE RETIREMENT SYSTEM
Commissioner, LOS ANGELES FIRE & POLICE PENSION SYSTEM
Senior Consultant, SEGAL ADVISORS
Managing Director, LIFSCHULTZ INVESTMENTS (FAMILY OFFICE)
Deputy Administrator, STATE OF CALIFORNIA SAVINGS PLUS PROGRAM
City Finance Director, PROVIDENCE EMPLOYEES' RETIREMENT SYSTEM
Trustee, ELIZABETHTOWN COLLEGE
Principal, JACOBSON CAPITAL (FAMILY OFFICE)
Chairman, JUDICIAL CAPITAL (FAMILY OFFICE)
Consultant, MEKETA INVESTMENT GROUP, INC.
Consultant, MEKETA INVESTMENT GROUP, INC.
Vice President, BEL AIR INVESTMENT ADVISORS
Vice President, ABF ENTERPRISES, INC
President, ABF ENTERPRISES, INC
Prof of finance, CAL STATE DOMINGUEZ HILLS
President, CHARITABLE ADVANTAGE
Vice Chairman, CITY OF ANN ARBOR EMPLOYEES RETIREMENT SYSTEM

Executive Director, RIO HONDO COLLEGE FOUNDATION
Director, CLONTARF CAPITAL
Director, LOMA LINDA UNIVERSITY FOUNDATION
Portfolio Manager, KARLIN REAL ESTATE (GKM CAPITAL FAMILY OFFICE)
Director of Finance, GEMOLOGICAL INSTITUTE OF AMERICA
VP-Finance & Admin./CFO, NORTHWEST AREA FOUNDATION
Trustee, NEUROSCIENCES RESEARCH FOUNDATION
Trustee, CITY OF SOUTHFIELD
Associate Vice President-Finance, UNIVERSITY OF ALASKA FOUNDATION
Director, ASPIRIANT
Senior Investment Manager, MANCHESTER CAPITAL MANAGEMENT, LLC
President/CEO, RANCHO CAPITAL MANAGEMENT, INC. (FAMILY OFFICE)
Director and Chairman of the Nominating Committee, CLEVELAND STATE UNIVERSITY FOUNDATION BOARD
Director, WATERLINE PARTNERS (MULTI-FAMILY OFFICE)
Executive Director, KERN COUNTY(CA) EMPLOYEES RETIREMENT ASSOCIATION
Managing Senior Consultant, ALAN D. BILLER & ASSOCIATES, INC.
Research Associate, ALAN D. BILLER & ASSOCIATES, INC.
Chief Financial Officer and Treasurer, AMERICAN FILM INSTITUTE
President, RITCHIE GROUP
Chief Strategy Officer, WEALTHTOUCH ADVISORS (MULTI-FAMILY OFFICE)
Senior Associate, WILSHIRE CONSULTING
Director Infrastructure Investments, APG INVESTMENTS
President, THE ANCHOR HOUSE
Investment Analyst, CALIFORNIA COMMUNITY FOUNDATION
Trustee, ORANGE COUNTY RETIREMENT SYSTEM
Trustee, ORANGE COUNTY RETIREMENT SYSTEM
Portfolio Analyst, APG INVESTMENTS
Principal, BROWNSON, REHMUS & FOXWORTH, INC.

Thursday, November 6, 2008

7:00a

Golf Tournament

8:00a

Exhibit Set-up

11:00

Registration

1:10

Welcoming Remarks

Trustee, Jacksonville (FL) Police & Fire Pension Fund

1:15

Current Outlook for Real Estate Investing
• A look at the commercial real estate market
• Residential real estate investing
• Opportunities for the future
• Current State of the Real Estate markets

Moderator:
Chairman, AUSTIN (TX) POLICE RETIREMENT FUND

Panelists:
Portfolio Manager, KARLIN REAL ESTATE (GKM CAPITAL FAMILY OFFICE)
Senior Director, CORNERSTONE REAL ESTATE ADVISERS, INC
Trustee, ORANGE COUNTY RETIREMENT SYSTEM

2:15

Nonrenewable Asset Classes: Importance of Finite Real Assets in Your Portfolio
• Macro versus Micro Outlook on Natural Resources
• What are the unique Characteristics of Natural Resources?
• Energy/Oil & Natural Gas Investments – Long Term versus Short Term
• TIPS
• Precious Metals
• Private Equity Investments in Oil & Gas
• Timber
• Risk vs. Return
• Rare Earth Elements/Resources

Moderator:
Vice Chairman, CITY OF ANN ARBOR EMPLOYEES RETIREMENT SYSTEM

Panelists:
Vice President of Business Development, RMK TIMBERLAND GROUP
President, THE ANCHOR HOUSE
Chief Executive Officer, TIMBERVEST, LLC

3:15

Afternoon Refreshment Break

Sponsored by:
CORNERSTONE REAL ESTATE ADVISERS, INC

3:30

Infrastructure
• What is the role of leverage in Infrastructure investment?
• Does geographic and economic sector diversification matter?
• Differentiating skill sets in the public auction process versus sole sourced deals
• Defining performance measurement
• Issues in portfolio asset valuation

Moderator:
Trustee, JACKSONVILLE (FL) POLICE & FIRE PENSION FUND

Panelists:
Chief Financial Officer, FORTIS INVESTMENTS
Consultant, MEKETA INVESTMENT GROUP, INC.
Chief Executive Officer, CAPITAL INNOVATIONS, LLC
Director Infrastructure Investments, APG INVESTMENTS

4:30

Manager Selection: What Are the Key Determinants?
• Assessing the Deal Structure
• Partnership Arrangements
• Negotiation Points & Terms
• Access to Advisory Board
• Identifying Fund Manager
• Effective Fund Marketing: Making Your Fund Attractive to Investors
• Alignment of Interest
• Access to Information and Disclosure
• Manager Fee Structures

Moderator:
Trustee, AUSTIN POLICE RETIREMENT SYSTEM

Panelists:
City Finance Director, PROVIDENCE EMPLOYEES' RETIREMENT SYSTEM
Chief Investment Officer, NEW MEXICO STATE INVESTMENT COUNCIL
President, CHICAGO (IL) PARK EMPLOYEES A&B FUND

5:30

Cocktail Reception

Sponsored by:
ROTHSTEIN KASS & CO

Friday, November 7, 2008

7:30a

Continental Breakfast

Sponsored By
FORTIS INFRESTRUCTURE GROUP

8:10

Welcoming Remarks

8:15

What Opportunities Have Arisen for Institutional Investors as a Result of the Credit Market Crisis?

Moderator:
Trustee, THE SAN DIEGO FOUNDATION

Panelists:
Trustee, ORANGE COUNTY RETIREMENT SYSTEM
Advisor, CALIFORNIA DISTRESSED LAND FUND
Managing Director, BRANDYWINE FINANCIAL

9:15

Strategies for investing in Real Assets
• Which long-term investment strategies are most compelling for Real Assets?
• Alternative Strategies Investing in Real Estate
• Liquid Real Asset Strategy
• What Strategies are emerging for Real Asset Investing today?

Moderator:
Chief Deputy Treasurer, SAN DIEGO COUNTY TREASURER’S OFFICE

Panelists:
CFA, Managing Director, FIDUCIARY ASSET MANAGEMENT
Director, WATERLINE PARTNERS (MULTI-FAMILY OFFICE)
Managing Director, Redwood Renewables
Asset Manager, Beth Hills REIT

10:15

Morning Refreshment Break

Sponsored by:
CREDIT SUISSE ASSET MANAGEMENT, LLC

10:30

Strategic and Tactical Rationale for Commodity Investing
• A Practical Guide to Investing in Commodities and how to implement them into a portfolio
• Assessing the Optimal Level of Commodities to Hold in Your Portfolio
• Importance of Portfolio Diversification, Negative Correlation, and the Use of Commodities as an Inflation Hedge
• What Are the Capacity Constraints in the Commodity Markets?
• How Investors Can Gain Access to the Commodity Markets
• How has Legislation affected Institutional Investors from investing in the Commodity Markets?
• Drivers and Risks Associated with Commodities
• Generating Alpha and Capturing Beta• Risk versus Return
• How to use as a Hedge against Inflation

Moderator:
Vice President, PIMCO

Panelists:
Director, Portfolio Manager Commodities, CREDIT SUISSE ASSET MANAGEMENT, LLC
CFA, Vice President, THE MILLBURN RIDGEFIELD CORPORATION RESEARCH AFFILIATES, LLC

11:30

Opportunities in Distressed Real Estate

Moderator:
Chairman, JUDICIAL CAPITAL (FAMILY OFFICE)

Panelists:
CEO, ALLEGIANCE REALTY CORPORATION
Executive Vice President, EQUASTONE
Managing Partner, ION CAPITAL PARTNERS

12:30p

2008 Accounting and Tax Issues Affecting Real Estate Asset Investing
• Update on FIN 48 and private companies
• Update on FAS 157 issues for managed accounts, commingled funds
• Tax Legislation update, including views on taxes after the election

Speaker:
Partner, ROTHSTEIN KASS & COMPANY

1:00

Luncheon

Keynote Speaker:
Executive Chairman, CITYVIEW, Former Secretary, U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD)

2:15

Consultants Outlook
What are consultants advising their institutional clients regarding real assets?

Panelists:
CFA, Consultant, MEKETA INVESTMENT GROUP, INC.
Senior Associate, WILSHIRE INVESTMENT CONSULTING
Principal, SAGEVIEW ADVISORY GROUP

3:15

Direct Energy Investing
• Direct energy investing vs. commodity investing
• What vehicles are available and should be used in direct energy investing?
• What are the risks involved with direct energy investing?
• Investing strategies behind direct energy investing
• Direct energy investing compared to publicly traded energy vehicles
• Energy master limited partnerships
• Is Peak Oil a reality? How to invest and profit from an energy supply demand disequilibrium
• Evaluating alternative and renewable energy investments

Moderator:
Managing Director, LIFSCHULTZ INVESTMENTS (FAMILY OFFICE)

Panelists:
Investment Analyst, CALIFORNIA COMMUNITY FOUNDATION
Managing Director, AURARIAN CAPITAL LLC
Managing Director, Fund Manager, DYNAMIC ENERGY PARTNERS, LLC

4:15

Afternoon Refreshment Break

Sponsored by
ALLEGIANCE REALTY CORPORATION

4:30

Investing in Agriculture
• Investing in the Agricultural Sector thru Direct Property Acquisition or First Trust Deed Lending
• Potential Ways to Invest in the Agricultural Sector
• Issues to consider when investing in the Agricultural Sector
• Investment Potential – Risk Return Features
• Potential Market Concerns
• Fundamental Strengths of the Agricultural Sector

Speakers:
THE SPECIALTY CROP COMPANY
President, AGRIBUSINESS FINANCIAL, INC.

5:00

Effective Strategies for Investing in REITS
• Why are REITS popular in uncertain markets?
• Where Does the Global REIT Market Stand and Where Is it Going?
• In What Way Has the Shape of the Global REIT Market Changed?
• What Approaches Have the Asian and European Markets Used to Improve REIT Desirability?

Moderator:
Chairman, Investment Committee, TEXAS PERMANENT SCHOOL FUND

Panelists:
Director and Chairman of the Nominating Committee, CLEVELAND STATE UNIVERSITY FOUNDATION BOARD
Chairman, JUDICIAL CAPITAL (FAMILY OFFICE)
Executive Director New Business Development, CONCIERGE ASSET MANAGEMENT
Senior Vice President, Investment Affairs and Investor Education, NATIONAL ASSOCIATION OF REAL ESTATE INVESTMENT TRUSTS (NAREIT)

6:00

Cocktail Reception