Alternative Investing

Summit


December 6-8, 2009
Ritz Carlton, Dana Point

PAST CONFERENCE AGENDA (as of 11-30-09)__

CEO, ORANGE COUNTY EMPLOYEES RETIREMENT SYSTEM
Trustee, DALLAS POLICE & FIRE PENSION SYSTEM
Treasurer, NEW YORK CITY BENEVOLENT ASSOCIATION
Trustee, TULARE COUNTY EMPLOYEES RETIREMENT ASSOC.
Trustee, ORANGE COUNTY RETIREMENT SYSTEM
Managing Director, WILSHIRE ASSOCIATES
Senior Managing Director, CLIFFWATER LLC
Head of Alternative Manager Due Diligence, WILSHIRE ASSOCIATES
Managing Director, PENSION CONSULTING ALLIANCE
Senior Consultant, WATSON WYATT
Managing Director & Chief Investment Strategist, TIAA-CREF
Executive Director, RIO HONDO COLLEGE FOUNDATION
President, IRVINE HEALTH FOUNDATION
Vice President, BEL AIR INVESTMENT ADVISORS
Chairman, NEW ORLEANS MUNICIPAL EMPLOYEES’ RETIREMENT SYSTEM
Assistant Comptroller For Pensions, NEW YORK CITY RETIREMENT SYSTEMS
Principal, JACOBSON CAPITAL (FAMILY OFFICE)
Director, BEDI CAPITAL LLP (FAMILY OFFICE)
Investment Manager, THE UNITED CHURCH OF CANADA PENSION FUND
Chairman of the Investment Board, SACRAMENTO CITY (CA) EMPLOYEES' RETIREMENT SYSTEM
Portfolio Manager, AVALON CAPITAL GROUP (TED WAITT FAMILY OFFICE)
Chief Financial Officer and Treasurer, AMERICAN FILM INSTITUTE
Group President, AL MIDAS INTERNATIONAL GROUP
President, ABDO FAMILY OFFICE
Deputy Attorney General, DELAWARE PUBLIC EMPLOYEES’ RETIREMENT SYSTEM
Consultant, MEKETA INVESTMENT GROUP, INC.
Managing Director, LONGEVITY FAMILY CAPITAL
Managing Director, LONGEVITY FAMILY CAPITAL
Trustee, ORANGE COUNTY RETIREMENT SYSTEM
Chairman, Investment Committee, RUTGERS UNIVERSITY ENDOWMENT
Managing Director, BEACON POINTE ADVISORS, LLC
Senior Analyst, BEACON POINTE ADVISORS, LLC
Member; Board of Directors, CAL POLY POMONA FOUNDATION
Director, Investment Management Services, INSTITUTE OF ELECTRICAL & ELECTRONICS ENGINEERS
Chairman, AUSTIN (TX) POLICE RETIREMENT FUND
Paul Owens, Member, Investment Advisory Committee, ARCHDIOCESE OF TORONTO (ONTARIO, CANADA)
Vice Chairman, PHILADELPHIA BOARD OF PENSIONS
Chairman, Board of Directors, ORAL & MAXILLOFACIAL SURGERY FOUNDATION
President, Newport Capital Advisors
Director, SUMNICHT & ASSOCIATES, LLC
Chairman of the Investment Committee, UCLA FOUNDATION

Trustee, Santa Barbara (CA) County Retirement System
Partner, BC Capital
General Partner, BC Capital
Treasurer, The Firestone Family Office/Foundation
Vice President, Eno Farms, Inc. (Family Office)
Trustee, San Diego Foundation
Trustee, Virginia Retirement System
Chief Financial Officer, San Diego Foundation
Trustee, DeKalb County (GA) Employee Retirement System
Analyst, Cooper Family Office
Investment Committee Member, Santa Clara University
Senior Consultant, Bainbridge Capital Advisors
Managing Director, Bainbridge Consulting
Director of Finance, Scripps College
President, Board of Trustees, City of Aurora Police Money Purchase Pension Plan
Director Alternative Investments, APG Investments
Director of Finance, Gemological Institute of America
Investment Committee, Santa Barbara Museum of Art
Commissioner, Los Angeles (CA) Fire & Police Pension System
Advisory Committee Member, Texas Permanent Fund
Director, Asia Economic Institute
Director, Asia Economic Institute
Managing Director, BP North America
Trustee, Wayne County Employees Retirement System
Managing Director, Crystal Family Office
Senior Consultant, Segal Advisors
Trustee, City of Birmingham ( AL ) Employees Retirement and Relief System
Managing Partner and CIO, Ocean Endowment Partners, LLC
Director of Research and Investments, Limantour Family Fund
Trustee, City of Fresno Retirement Systems
Vice Chairman – Trustee, San Bernardino (CA) County Employees Retirement Association
Advisory Manager, Aksia, LLC
President, PPCA Inc.
Planning Officer, Oklahoma Firefighters Pension & Retirement System
Director of Family Office, Johnson Investment Council (Multi-Family Office)
Trustee, West Palm Beach Police Pension Fund
Managing Director, Real Estate, TIAA-CREF
Head of Alternative Investments, Osborne Siegel Private Family Office
Chief Investment Officer, Osborne Siegel Private Family Office
Investment Manager, The Jordan Family Office
CIO, Elizabethtown College
Assistant City Attorney, City of Birmingham, AL
Trustee, City of Baltimore Employees’ Retirement System
Assistant Executive Director, Holyoke Retirement Board

Sunday, December 6, 2009

7:15a

Golf Tournament

11:00a

Registration

12:40p

Co-Chair Welcoming Remarks

12:50p

"EXPLORING MANAGED ACCOUNTS AND STRUCTURED SOLUTIONS"

Managing Director, SG AMERICAS SECURITIES, LLC

1:10p

GOLD AS AN ASSET CLASS

Head of Investment, North America, WORLD GOLD COUNCIL

1:30p

Alternatives Roundtable: A plan sponsor overview……best practices
What role do alternative investments have in an Institutional Investor’s portfolio?

• Asset Allocations
• What investments are generating top returns
• Risk takers and safe harbors
• LDI
• What to avoid

Moderator:
President, Board of Trustees, City of Aurora Police Money Purchase Pension Plan

Panelists:
Trustee, ORANGE COUNTY RETIREMENT SYSTEM
Treasurer, NEW YORK CITY BENEVOLENT ASSOCIATION
Chairman/Investment Committee, Ohio State Highway Patrol Retirement System

2:30p

International & Emerging Markets Overview

• Risk in investing in emerging markets; is the risk worth the reward?
• BRIC economies and their role in today's market
• Global equities & credit
• Key demand sectors

Moderator:
Director of Alternative Investments, Arnerich Massena & Associates

Panelists:
Co-Founder & Senior Managing Director, LM CAPITAL GROUP, LLC
Senior Vice President, HSBC HALBIS CAPITAL MANAGEMENT (USA), INC.
Senior Investment Officer, NATIONAL RED CROSS
Chief Investment Officer, UFG ASSET MANAGEMENT

3:30p

Alternative Investment Styles and Strategies
An in-depth look at which investment styles and strategies hedge funds are employing to stay ahead of the curve.

• Risk vs Yield periods
• Key Benchmarks and Metrics
• Beating the market
• Core Styles

Moderator:
Chairman, New Orleans Municipal Employees’ Retirement System

Panelists:
Analyst, ABSOLUTE INVESTMENT ADVISERS LLC
Partner, Arrowgrass Capital Partners
COO, QUALITY CAPITAL MANAGEMENT
President, Centurion Credit Management LLC

4:30p

Hedge Fund Opportunities:

• What opportunities exist?
• Fund Criteria
• Is risk declining?
• Best opportunities for growth
• What to expect from your fund

Moderator:
Senior Associate, WILSHIRE ASSOCIATES

Panelists:
Partner, SADIS & GOLDBERG LLC
CIO, SW ASSET MANAGEMENT
CEO, CAPITAL Z ASSET MANAGEMENT
Managing Director, Senior Portfolio Strategist, QFS ASSET MANAGEMENT

5:30p

Consultants Roundtable
Hear from the experts top opportunities in alternative investing

Moderator:
Managing Partner, AGECROFT PARTNERS

Panelists:
Managing Director, ASSET CONSULTING GROUP
Managing Director, PENSION CONSULTING ALLIANCE
Senior Research Analyst, Hammond Associates

6:30p

Cocktail Reception

Monday, December 7, 2009

7:15a

Continental Breakfast

8:00a

INVESTING IN ALTERNATIVES:WHAT TO EXPECT IN 2010

Speaker:
Trustee, VIRGINIA RETIREMENT SYSTEM

8:20a

"EXPLORING OPPORTUNITIES IN THE STRUCTURED PRODUCTS MARKET: THE NEW HORIZON OF ALTERNATIVE INVESTMENTS"

Speakers:
Managing Director and Group Head of Fixed Income, MAXIM GROUP, LLC
Managing Director and Head of Trading, MAXIM GROUP, LLC
Vice President - Fixed Income Retail Trading, MAXIM GROUP, LLC

Track A

Track B

8:45a

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

• How did banks aggressive lending lead to today’s economic crisis?
• Who are the winners and losers of the credit crisis?
• Significance of the financial crisis for investors; what’s in store for the future?
• How to take advantage of the new regulations
• TARP & TAFF
• Maximizing best returns in today’s market conditions

Moderator:
Senior Vice President and CFO, South Texas College of Law (Houston)

Panelists:
Managing Director, BABSON CAPITAL MANAGEMENT, LLC
Managing Director, MJX ASSET MANAGEMENT
President, MIDOCEAN CREDIT PARTNERS
Managing Director, STRATEGIC VALUE PARTNERS, LLC

Private Equity

• Defining opportunities and trends in Private Equity
• What to look for in a Private Equity manager
• Distressed Investing Secrets
• Trends in the secondary market space
• How big is the market (PE and PE real estate)
• Reasons for trades
• Events that could trigger more secondary market activity
• Biggest players in the space
• What investors should be thinking about in purchasing / selling in the Secondary Market

Moderator:
Senior Consultant, SEGAL ADVISORS

Panelists:
Director, TRITON PACIFIC CAPITAL PARTNERS
Trustee, Wayne County Employees Retirement System         
Co-Head / Managing Director, Alternative Investments Group, ICAP CORPORATES, LLC
Trustee, VIRGINIA RETIREMENT SYSTEM

9:45a

Defining, Finding and Using Alpha

• Yield vs. Risk
• Key metrics
• Rebalancing & Realignment
• Diversification

Moderator:
Investment Committee Member, Santa Clara University

Panelists:
Founder & President, ICON ADVISERS, INC.
Managing Director, EFFICIENT CAPITAL MANAGEMENT
President, NORCAP ADVISORS
Managing Director, BARCLAYS CAPITAL

Real Assets: Who should be investing in Real Assets & Why?

• Timber
• Oil and gas
• Agricultural

Moderator:
Planning Officer, OKLAHOMA FIREFIGHTERS PENSION & RETIREMENT SYSTEM

Panelists:
Senior Managing Director, CLIFFWATER LLC
Chief Executive Officer, TIMBERVEST, LLC
President, HANCOCK AGRICULTURAL INVESTMENT GROUP
Manager of Falcon E&P Opportunities LP, Highland Capital Management LP

10:45a

Morning Refreshment Break

Sponsored by:
WORLD GOLD COUNCIL

11:00a

Foreign Exchange & Commodities

• Historical returns
• How much of your portfolio should be allocated to commodities?
• Demand outlook for crops, metals and fuel
• Increased demand for oil and what it means to the economy
• Bull & Bear outlook

Moderator:
Senior Vice President: Real Return Product Manager, PIMCO

Panelists:
First Vice President, Head of Chicago Foreign Exchange, Newedge Group
Portfolio Manager, The Commonwealth Fund Foundation
Director of Operations, Sunrise Capital Partners LLC
CIO & Managing Member, HUDSON CAPITAL GROUP, LLC

An Alternative to Alternatives

• Life Settlement Solutions
• Key investment strategies
• Top buys
• Return expectations

Moderator:
Chief Investment Officer, Osborne Siegel Private Family Office

Panelists:
Director, CREDIT SUISSE
CEO, INDEPENDENT LIFE SETTLEMENT ADVISORY GROUP
Senior Vice President, COVENTRY

12:00p

Real Estate Investment Strategies

• Investing in REITS
• What significant opportunities and challenges face the Real Estate sector
• What new areas of opportunity are developing
• Real Estate investing trends in the U.S
• Distressed Debt
• International opportunities
• Assets vs Notes
• Buying debt

Moderator:
Chairman, AUSTIN (TX) POLICE RETIREMENT FUND

Panelists:
Chairman and CEO, REVEN CAPITAL
Portfolio Manager, P. Schoenfeld Asset Management LP
Founder & Managing Partner, W Financial Fund, LP

Asset Allocation:
Best practices on asset allocation and risk return yield

• Fund diversity
• Leverage vs risk
• Hold periods
• Global plays
• Liquidity issues

Moderator:
CEO, ORANGE COUNTY EMPLOYEES RETIREMENT SYSTEM

Panelists:
Managing Director & Chief Investment Strategist, TIAA-CREF
Principal, MERCER
Trustee, ORANGE COUNTY RETIREMENT SYSTEM

1:00p

LUNCHEON

2:15p

Manager Selection

• Selection criteria
• Weathering the storm
• Risk tolerance
• Track Record
• Consultants role
• Madoff impact

Moderator:
Chairman, Investment Committee, TEXAS PERMANENT SCHOOL FUND

Panelists:
Vice President, COGENT PARTNERS
Managing Director, PERTRAC FINANCIAL SOLUTIONS
Executive Director, Jacksonville Police & Fire Pension Fund
Managing Director of Fixed Income, Gottex Fund Management

3:15p

Exploring Compliance and Fiduciary Responsibility in a Post-Madoff World
This session will explore the compliance and fiduciary issues that hedge funds and Fund of Funds are facing in today’s current regulatory environment.

• New Rules and Regulation
• Fiduciary responsibility
• Investor protections
• Securities Class Action Litigation & Settlement
• Due Diligence
• Directors responsibilities & Liabilities

Moderator:
Assistant City Attorney, CITY OF BIRMINGHAM, AL

Panelists:
Partner, Ulmer & Berne LP
General Counsel/Deputy Attorney General, DELAWARE PUBLIC EMPLOYEES’ RETIREMENT SYSTEM
Founder and Managing Director, Battea Class Action Services, LLC      

4:15p

Investing in Credit & Securitization Markets Banks

• FDIC
• TARP
• TAFF
• Stocks
• Bonds
• Banks

Moderator:
Trustee, City of Baltimore Employees’ Retirement System

Panelists:
Managing Principal, Restoration Capital Management LLC
Managing Director, WILSHIRE ASSOCIATES
Managing Director, Maxim Group

5:00p

Fund of Funds

• Is the strategy still viable?
• Blended vs. targeted funds
• Raising equity strategies
• Liquidity & Risk issues
• Top down allocation moves in 2009 and moving forward into 2010
• Pooled vehicles vs Managed Accounts (Customized portfolios)
• Commodity fund of funds

Moderator:
CIO, ELIZABETHTOWN COLLEGE

Panelists:
Director, VERITABLE, LP (MULTI-FAMILY OFFICE)
CIO, EIM Group ( USA ) Inc.
Principal, GENESIS RESEARCH AND ASSET MANAGEMENT

5:45p

Cocktail Reception

Tuesday, December 8, 2009

8:45a

Continental Breakfast

9:15a

Welcoming Remarks

9:30a

KEYNOTE SPEAKER:

Managing Director, Pangea Capital Management LP
& New York Times Best Selling Author of "A Colossal Failure of Common Sense - The Inside Story of the Collapse of Lehman Brothers"

10:00a

Investment Trends for 2010

• The new fund leadership structure, who will emerge as best of breed from the old guard and why
• Outsourcing the business function: Segregation of alpha generation from business function and administration
• Transparency and liquidity and gates and good business practices
• Hunting for niche strategies vs. investing in niche strategies
• Will the new funds survive
• Mega management account platforms vs. Fund of Funds
• Due diligence
• Proactive investing and proactive management

Moderator:
Managing Partner, PROTOCOL CAPITAL MANAGEMENT

Panelists:
Senior Vice President, Paulson & Co Inc.
CEO, HAGIN Investment Management
Senior Vice President, PIMCO

11:00a

Plan Sponsor Roundtable

Moderator:
Trustee, DEKALB COUNTY (GA) EMPLOYEE RETIREMENT SYSTEM

Panelists:
Managing Partner and CIO, Ocean Endowment Partners, LLC
Executive Director, CHICAGO (IL) PARK EMPLOYEES A&B FUND
Trustee, SAN DIEGO FOUNDATION

12:00p

Conference Concludes