Emerging Managers  

Summit South


October 15-16, 2009
__Westin Riverwalk, San Antonio, TX

PAST EMERGING MANAGER SUMMIT SOUTH AGENDA (as of 10-01-09)

Chairman, Investment Committee, TEXAS PERMANENT SCHOOL FUND
Trustee, ORANGE COUNTY RETIREMENT SYSTEM
Portfolio Manager-Alternative Strategies, ARIZONA STATE RETIREMENT SYSTEM
Treasurer, NEW YORK CITY BENEVOLENT ASSOCIATION
Executive Director, CITY OF DALLAS EMPLOYEES' RETIREMENT FUND
Board Chair, PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF NEW MEXICO
Assistant Comptroller For Pensions, NEW YORK CITY RETIREMENT SYSTEMS
Managing Director, CAMBRIDGE ASSOCIATES
Vice Chairman/Councilman, SAN ANTONIO FIRE & POLICE PENSION FUND
Trustee, CITY OF DALLAS EMPLOYEES RETIREMENT
Commissioner, LOS ANGELES (CA) FIRE & POLICE PENSION SYSTEM
Trustee, BALTIMORE (MD) RETIREMENT SYSTEMS
Chief of Staff, TEACHER RETIREMENT SYSTEM OF TEXAS
Portfolio Manger, EMPLOYEES RETIREMENT SYSTEM OF TEXAS
Trustee, SAN ANTONIO FIREMEN'S & POLICEMEN'S FUND
Executive Director-Administrator, JACKSONVILLE POLICE & FIRE PENSION FUND
Finance Director, PROVIDENCE EMPLOYEES' RETIREMENT SYSTEM
Vice Chair, EMPLOYEES' RETIREMENT FUND OF THE CITY OF DALLAS
Principal Consultant, HOLBEIN ASSOCIATES, INC.
Chairperson, VERMONT STATE TEACHERS RETIREMENT SYSTEM
President, OAKLAND MUNICIPAL EMPLOYEES' RETIREMENT SYSTEM
County Controller, ALLEGHENY COUNTY
Chairman, AUSTIN (TX) POLICE RETIREMENT FUND
Executive Director, CHICAGO (IL) PARK EMPLOYEES A&B FUND
Trustee, DEKALB COUNTY (GA) EMPLOYEE RETIREMENT SYSTEM
Vice Chairman-Trustee, PHILADELPHIA BOARD OF PENSIONS
Trustee, PUBLIC EMPLOYEES' RETIREMENT SYSTEM OF NEVADA
Trustee, SAN ANTONIO FIRE AND POLICE PENSION FUND
Chairman, SAN ANTONIO CITY PUBLIC SERVICE PENSION PLAN
Pension Contact, SAN ANTONIO CITY PUBLIC SERVICE PENSION PLAN
President, GREGORY W. GROUP

CEO, NORTH POINT ADVISORS
Director, ASIA ECONOMIC INSTITUTE
Principal, THE TOWNSEND GROUP
Trustee, SAN ANTONIO FIRE POLICE PENSION FUND
Director of Research, CLEARBROOK INVESTMENT CONSULTING
President, PPCA INC.
Senior Investment Consultant, TATA & GEORGE CONSULTING GROUP LLC
President, Board of Trustees, CITY OF AURORA POLICE MONEY PURCHASE PENSION PLAN
Trustee, SAN BERNADINO COUNTY EMPLOYEES' RETIREMENT ASSOCIATION
Trustee, SAN BERNADINO COUNTY EMPLOYEES' RETIREMENT ASSOCIATION
Trustee, SAN BERNADINO COUNTY EMPLOYEES' RETIREMENT ASSOCIATION
Trustee, SAN BERNADINO COUNTY EMPLOYEES' RETIREMENT ASSOCIATION
CEO, NORTH POINT ADVISORS
Trustee, INKSTER (MI) POLICE & FIREMEN'S PENSION BOARD
Board Trustee, ALAMEDA COUNTY EMPLOYEES RETIREMENT ASSOCIATION
Chairman, BIG SPRING FIREMEN'S RELIEF & RETIREMENT FUND
Trustee, BIG SPRING FIREMEN'S RELIEF & RETIREMENT FUND
Trustee, BIG SPRING FIREMEN'S RELIEF & RETIREMENT FUND
Head of Alternative Investments, OSBORNE SIEGEL PRIVATE FAMILY OFFICE
Chief Investment Officer, OSBORNE SIEGEL PRIVATE FAMILY OFFICE
Managing Director / Family Liaison, OSBORNE SIEGEL PRIVATE FAMILY OFFICE
Investment committee, COTTAGE HEALTH CARE
Executive Director, HOLYOKE CONTRIBUTORY RETIREMENT
General Counsel, SAN ANTONIO FIRE & POLICE PENSION FUND
President & CEO, CONSULTIVA INTERNACIONAL, INC.
Vice President, SEGAL ADVISORS, INC.
CFA, Executive Vice President/Senior Consultant, CONSULTING SERVICES GROUP, LLC
Trustee, COUNTRY OF ARAPAHOE
Advisory Committee Member, TEXAS PERMANENT FUND
Investment Analyst, ENNIS, KNUPP & ASSOCIATES
Alternatives Analyst, AMERICAN OPTICAL FOUNDATION

Thursday, October 15, 2009

7:30a

Exhibit Setup & Registration Opens

8:45a

Co-Chair Welcoming Remarks

Chairman, Investment Committee, TEXAS PERMANENT SCHOOL FUND

9:00a

What are Plan Sponsors looking for in an Emerging Manager in today’s tumultuous economy?

• Big Changes in the Financial Landscape
• Fund Diversity…Now more than ever
• Trends for 2010

Moderator:
County Controller, ALLEGHENY COUNTY

Panelists:
Trustee, ORANGE COUNTY RETIREMENT SYSTEM
Executive Director, CITY OF DALLAS EMPLOYEES' RETIREMENT FUND

10:00a

Meet the Emerging Managers

This session will consist of 6 Emerging Manager firms with a total of 8 minutes each to speak. There will be no power point presentations during this session. The eight firms will one by one have a chance to discuss their background, strategy, methodology and performance of their funds. There will be a session leader carefully watching the 8-minute limit. After all eight firms have presented, we will open the floor to questions from the audience.

• Picks from the Pro’s
• Fund Styles & Strategies
• Fund Diversity

Moderator:
Trustee, PUBLIC EMPLOYEES' RETIREMENT SYSTEM OF NEVADA

Panelists:
Portfolio Manager, STELLIAM INVESTMENT MANAGEMENT
CEO/CIO, HUBER CAPITAL MANAGEMENT, LLC
Chief Investment Officer, I3 DIVIDEND INCOME FUND, LLC
President & Lead Portfolio Manager, HELLMAN, JORDAN MANAGEMENT CO.
CFA, CEO & Chief Investment Officer, STMM INSTITUTIONAL
Director, Research and Portfolio Manager, RUSHMORE INVESTMENT ADVISORS
CEO & Founder, INDEPENDENT LIFE SETTLEMENT ADVISORY GROUP

11:15a

Hedge Fund Strategies

• What’s working/what’s not
• Where are we headed
• Examples of short sales
• Manager, Investor, and Regulatory perspectives
• Balancing Risk & Growth

Moderator:
Portfolio Manager-Alternative Strategies, ARIZONA STATE RETIREMENT SYSTEM

Panelists:
JOHNSONDILLARD
President, CARRINGTON STRATEGIC ADVISORS, LLC
Director of Marketing and Client Relations, LARCH LANE ADVISORS
Chief Executive Officer and Co-Founder, METROPOLITAN CAPITAL ADVISORS

12:15p

LUNCHEON

1:30p

Asset Allocation:
How much of a plan’s portfolio should be allocated to Emerging Managers?

• Int’l opportunities
• Alternative niches
• Green/Socially Responsible
• Emerging markets
• Commodities
• Healthcare

Moderator:
Trustee, SAN ANTONIO FIREMEN'S & POLICEMEN'S FUND

Panelists:
Principal Consultant, HOLBEIN ASSOCIATES, INC

2:15p

Emerging Managers Styles & Strategies

• Benchmarking results
• Safety of Capital
• Outperforming the pack

Moderator:
Chief Investment Officer, OSBORNE SIEGEL PRIVATE FAMILY OFFICE

Panelists:
CEO, KABOUTER MANAGEMENT, LLC
CEO, VERO CAPITAL MANAGEMENT, L.L.C.
CFA; President, NEOSHO CAPITAL LLC
Managing Partner, QUOTIENT INVESTORS, LLC

3:15p

Refreshment Break

3:30p

TBA, CITYVIEW

4:30p

Current Credit Markets……Promising Investment Opportunities

• Credit market opportunities
• Current Trends & Innovations
• Sources of credit
• Risk adjusted returns
• How to take advantage of Global credit markets
• Financial alternatives
• Valuations
• Public Financing
• Lender issues
• Tax Incentives/Credit

Moderator:
Chairperson, VERMONT STATE TEACHERS RETIREMENT SYSTEM

Panelists:
Hedge funds Portfolio Management, MIZUHO ALTERNATIVE INVESTMENTS, LLC

5:15p

Cocktail Reception

Friday, October 16, 2009

7:45a

Continental Breakfast

8:30a

Co-Chair Welcoming Remarks

8:40a

Chairman, CEO & Portfolio Manager, MASTRAPASQUA ASSET MANAGEMENT

9:00a

Why Small is Beautiful?

• The importance of incorporating Emerging Managers into your portfolio
• Are there systematic advantages emerging managers enjoy relative to larger more established firms?
• Are pension funds starting to see the pitfalls of having all their funds assets managed by the largest investment houses?
• Banks, FDIC, TARP
• Do you buy the name or do you buy the return?
• Fund consolidation and impact

Moderator:
Trustee, BALTIMORE (MD) RETIREMENT SYSTEMS

Panelists:
Senior Vice President, Head, PLEXUS PLAN SPONSOR GROUP, INC.
Managing Director, Prime Services, LIGHTHOUSE FINANCIAL

10:00a

11:00a

Consultants Roundtable

Moderator:
Trustee, CITY OF BIRMINGHAM (AL) EMPLOYEES RETIREMENT AND RELIEF SYSTEM

Speakers:
President, PPCA INC.
CEO, NORTH POINT ADVISORS
Vice President, SEGAL ADVISORS, INC.

12:00p

Luncheon

1:00p

Economically Targeted & Socially Responsible Investing

• Learn how public plans and other institutional investors are adopting economically-targeted investing (ETI) strategies
• Evaluating ETI strategies from both financial and community impact perspectives
• Energy,Green: selecting the right deal
• Economic stimulation: job creation, business creation, & and improvement of infrastructure

Moderator:
Executive Director-Administrator, JACKSONVILLE POLICE & FIRE PENSION FUND

Panelists:
President, Board of Trustees, CITY OF AURORA POLICE MONEY PURCHASE PENSION PLAN
President & CEO, CONSULTIVA INTERNACIONAL, INC.

1:45p

Fixed Income: Why now more than ever?

• Which fixed products make sense today?
• Benefits of fixed assets in a funds portfolio
• Blending Fixed income with emerging markets

Moderator:
Chairman, Investment Committee, TEXAS PERMANENT SCHOOL FUND

Panelists:
President, NorCap Advisors, LLC               
Co-Founder & Senior Managing Director, LM CAPITAL GROUP

2:30p

Emerging Managers….Why now more than ever?

Moderator:
President, OAKLAND MUNICIPAL EMPLOYEES' RETIREMENT SYSTEM

Panelists:
Principal, THE TOWNSEND GROUP
Executive Director, CITY OF DALLAS EMPLOYEES' RETIREMENT FUND

3:15p

Private Equity

• Mistakes to avoid in 2010
• Growth strategies in PE
• Int’l opportunities
• Where is it going?

Moderator:
Treasurer, NEW YORK CITY BENEVOLENT ASSOCIATION

Panelists:
Managing Director, PINTO AMERICA GROWTH FUND

4:00p

Building the Right Team - Beyond Your Four Walls

With increasing pressure by investors to produce desired returns, more and more hedge fund managers are turning to third party administrators and other service providers to manage the operational aspects of their fund

• How the right administrator and other service providers enhance your organization, facilitate sales & marketing and provide domain expertise
• How third party administrators provides a control environment and transparency that reassures investors, increases their confidence in the fund
• State-of-the-art technology platforms
• How your firm might benefit from compliance experts
• How third-party marketers provide value and what are the pros / cons of utilizing them

Moderator:
CEO, BARGE CONSULTING, LLC

Panelist:
Managing Director, APEX FUND SERVICES (US) INC.
Managing Partner, CRITICAL VALUE ADVISORS, LLC
Vice President, QED FINANCIAL SYSTEMS
President, NORTHPOINT TRADING PARTNERS

5:00p

Strategic Marketing - From the Elevator Pitch to Building a Sustainable Business

• The Importance of Branding, Marketing & Public Relations
• When you only get 15 minutes (focus on the key points)
• Keep the meeting focused, but be ready for the tough questions
• How to follow up and close the business
• How open, honest communication helps retain asset

Speakers:
Founder & President, DREISBACH DESIGN
Trustee, SAN ANTONIO FIRE POLICE PENSION FUND

5:30p

Cocktail Reception