European Alternative &

Institutional Investing Summit


19-21 October 2009
__Hôtel Negresco, Nice, France

PAST CONFERENCE AGENDA (as of 10-14-09)   

Trustee Director, MOTOR INDUSTRY PENSION PLAN
BOCA RATON (FL) POLICE & FIRE RETIREMENT ASSOC
Planning Services Director, JAMES AVIATION LTD
Private Investor
Private Investor, (France)
Investment Management Corporate Finance, HARVARD UNIVERSITY
Private Investor, (France)
Consultant, Independent Advisor ( Switzerland )
Chief Executive, ALLENBRIDGEEPIC INVESTMENT ADVISERS
PRIVATE INVESTOR ( Monaco )
PRIVATE INVESTOR ( Monaco )
Private Investor, ( Monaco )
Private Investor, (France)
Senior Investment Manager, ESPA FINANCIAL ADVISOR
Vice Director General, AFG (French Asset Management Association)
Director, Michelet Consult
Private Investor
Investment Funds Director and President, L CAPITAL – LOUIS VUITTON-MOET HENNESSY
European Partner, MERCER
Head of Pension Funds, UNICREDIT GROUP
Consultant, BFINANCE UK LIMITED
Director of Finance & Administration, CORAM FAMILY FOUNDATION
CFA, FSIP, Investment Principal, AON CONSULTING LTD.
Principal, PETSCHEK FAMILY OFFICE
Chairman, EUROPEAN PARLIAMENT PENSION FUND/Director, CERN PENSION FUND
Consultant, CLONTARF CAPITAL
Director, BRAHMA FINANCE FAMILY OFFICE
Family Office Investment Manager, FAMILY OFFICE NETWORK (FON)
PRIVATE INVESTOR (France)
Administrator, MONTREAL REGION TRUCKING INDUSTRY PENSION PLAN
Director, Peachtree ASSET MANAGEMENT
Principal, OAK INVESTMENTS SARL
Director, SDB PENSION FUND
Director of Investments, FERI INSTITUTIONAL ADVISORS GMBH
Attorney, MONTREAL REGION TRUCKING INDUSTRY PENSION PLAN
President, TEAMSTERS LOCAL UNION 213 PENSION FUND
President, MONTREAL REGION TRUCKING INDUSTRY PENSION PLAN
Labor Trustee, MONTREAL REGION TRUCKING INDUSTRY PENSION PLAN
Management Trustee, MONTREAL REGION TRUCKING INDUSTRY PENSION PLAN
Labor Trustee, MONTREAL REGION TRUCKING INDUSTRY PENSION PLAN
Principal, PETSCHEK FAMILY OFFICE
Principal, PRIVATE FAMILY OFFICE
Director of Investments, KEWSON HOLDINGS FAMILY TRUST
Consultant, ASSET ADVISORS
General Partner, EAM PARTNERS L.P.
Chairman & CEO, PENTIUM FUND GROUP
In-House Legal Counsel, SAM FEDESA
CEO, ALPHA GLOBAL ADVISORY LLC
Group Treasurer, S.C.R.-SIBELCO NV
Hedge Fund Analyst, FEDESA SAM
Hedge Fund Analyst, FEDESA SAM
Hedge Fund Analyst, FEDESA SAM
Investor, TISCHHAUSER ASSET MANAGEMENT
Chairman, COMPLETE CONSULTING
Managing Director, HINDUJA BANK ( SWITZERLAND ) Ltd
PRIVATE INVESTOR ( Monaco )
Managing Partner, TRANEN CAPITAL
PRIVATE INVESTOR ( Monaco )
Principal, RENTROP INVESTMENT OFFICE
Senior Advisor, RENTROP INVESTMENT OFFICE
Director, Eden Family Office
INTERNATIONAL PENSION ADVISOR ( Netherlands )      
CIO, Islandbridge Capital Limited
Private equity funds consultant
Managing Director, BFINANCE UK LIMITED
Alternative Asset Advisor, The Firestone Family Office/Foundation
Senior Managing Director, WILSHIRE ASSOCIATES
Director, MONACO INVESTMENT RESEARCH
Pension Investment Manager, JOHN LEWIS PARTNERSHIP PENSIONS TRUST LIMITED
Director of Investment Strategies and Solutions, RUSSELL INVESTMENTS
PRIVATE INVESTOR ( Monaco )
Director, CI INVESTMENTS (Single Family Office)
Senior Consulting Actuary, GOVERNMENT ACTUARY DEPARTMENT (U.K)
CIO, CLARKSON FUND MANAGEMENT LTD
Director, HERMES EQUITY OWNERSHIP SERVICES LIMITED
Head of Product Strategy & Business Development, MAN INVESTMENTS

Managing Director, LOEB PARTNERS CORPORATION
Chief Executive Officer, GOLD TRUST AG
Partner, KROM RIVER TRADING AG
CEO, KROM RIVER TRADING AG
PRIVATE INVESTOR
CFA, President and Chief Risk Officer, VARA CAPITAL MANAGEMENT LLC
CEO, SOFT-FINANCE SA
Chairman, WENTWORTH HALL CONSULTANCY LTD
Managing Director, UOB GLOBAL CAPITAL
Partner, ACTIVE-ADVISORS SA
Partner, MATTERHORN INVESTMENT MANAGEMENT LLP
CEO, Founding Partner, PLENUM INVESTMENTS AG (Family Office)
Executive Business Analyst, PLENUM INVESTMENTS AG (Family Office)
Emerging Markets Portfolio Manager, COMGEST
Head of Risk, PRIVATE FAMILY OFFICE ( NEW YORK )
Associate Investment Director, GREENPARK CAPITAL
Group President, AL MIDAS INTERNATIONAL GROUP (Family Office)
Head of Fund Advisory, NATIXIS
Director, MICHELET CONSULT
Head of Wealth Management, BNP PARIBAS ( Ireland )
PRIVATE INVESTOR ( United Kingdom )
Managing Partner, TRAFALGAR CAPITAL ADVISORS
President, ETHIX SRI ADVISORS
Managing Director, LOMBARD INVESTMENTS, INC
Corporate Treasurer, MONTREAL POLICE PENSION FUND
Assistant Director, Institutional Desk and Pension Funds, HSBC PRIVATE BANK ( Monaco ) S.A
HSBC Private Bank ( Monaco ) S.A
Hedge Fund Advisor, SYZ & CO
Principal, RAIRE FAMILY OFFICE
Managing Director, PRONOVA (VORSORGE) AG
Principal, ALENA SA
Chief Executive Officer, RISCORT (Single Family Office)
CEO, VAN NUNEN & PARTNERS
Principal, DHANDSA FAMILY OFFICE
Managing Director, GOTTEX FUND MANAGEMENT
Managing Director, COMPOSITION CAPITAL PARTNERS
Directorate for Financial & Enterprise Affairs, ORGANIZATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT
Chairmen, DHANDSA FAMILY OFFICE
Head of Pension Group, AXA IM
Managing Director, ABSOLUTE RETURN CONSULTING GMBH
Senior Consultant, ABSOLUTE RETURN CONSULTING GMBH
Head of Multi Asset Solutions, STANDARD LIFE INVESTMENTS
Administrator of the Reserve Funds, EUROPEAN PATENT OFFICE
Managing Director, AMP CAPITAL INVESTORS
ECONOMIST
Senior Manager, KPMG LLP
President, MONTREAL POLICE PENSION FUND (A.B.R.P.C.U.M)
Vice President, MONTREAL POLICE PENSION FUND (A.B.R.P.C.U.M)
Principal and Senior Consultant, MERCER
Senior Consultant, MERCER
PRIVATE INVESTOR
PRIVATE INVESTOR
Fund Manager / Head of Equity, I2BF
Principal, PETSCHEK FAMILY OFFICE
Private Investor, United Kingdom
Director, Hedgefund Consultants Ltd
Founder, QBASIS FUND MANAGEMENT
Senior Advisor, MONTREAL REGION TRUCKING INDUSTRY PENSION PLAN
CEO, FINLES CAPITAL MANAGEMENT
Vice President, BARCLAYS WEALTH
Director, CAPITAL MARKETS
CEO, BLUE WHITE ALTERNATIVE INVESTMENTS LTD
Vice President, CREDIT SUISSE
Commodities and Financial Risk Advisory, KPMG
Managing Director, IFP S.r.l.
Managing Director, COVENTRY LIFE SETTLEMENTS
Managing Director, LONDON & CAPITAL
Managing Partner - Private Wealth Advisory, IFA CONSULTING
CIO, FITZWILLIAM ASSET MANAGEMENT
Senior Executive, CQS
Senior Vice President, Peachtree ASSET MANAGEMENT
Vice President, Private Banking, BARCLAYS WEALTH MONACO
Vice President, Middle East Private Banking, BARCLAYS WEALTH MONACO
Vice President, METROPOLITAN REAL ESTATE EQUITY MANAGEMENT, LLC
CIO, SARES INVEST B.V
Managing Director, ALPHA INVESTMENT MANAGEMENT
CEO, THE HINDUJA FOUNDATION
Head of Investment Consulting, ALLFUNDS
CEO, NORTH WEST CAPITAL
Investment Director, DEXIA PRIVATE BANK
Chief Executive Officer and Founder, IGS GROUP LTD
CEO, DA VINCI INVEST LTD

Monday 19 October 2009:

12:30

Introduction to Fiduciary Management Workshop: (Box Lunch Served)

Lead by:
Consultant, ASSET ADVISORS
CEO, VAN NUNEN & PARTNERS
Head of Pension Group, AXA IM
Head of Multi Asset Solutions, STANDARD LIFE INVESTMENTS

All Sessions Are Panel Discussions and Power Point Presentations Are Prohibited

13:45

Co-Chairpersons’ Welcoming Remarks
Trustee Director, MOTOR INDUSTRY PENSION PLAN
Chairman, EUROPEAN PARLIAMENT PENSION FUND/Director, CERN PENSION FUND
Managing Director, ALPHA INVESTMENT MANAGEMENT

14:00

International Private Wealth Discussion

Moderator:
PRIVATE INVESTOR

Panelists:
Director, CI INVESTMENTS (Single Family Office)
Managing Director, LOEB PARTNERS CORPORATION
Director of Investments, KEWSON HOLDINGS FAMILY TRUST
Chief Executive Officer, RISCORT (Single Family Office)

15:00p

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

• What opportunities are on the horizon?
• Has the Credit Market Dislocation Run It’s Course?
• Opportunities for Hedge Funds?
• What other Asset Classes are Being Explored for Liquidity and or Diversification?

Moderator:
Pension Investment Manager, JOHN LEWIS PARTNERSHIP PENSIONS TRUST LIMITED

Panelists:
Vice President, CREDIT SUISSE
CFA, FSIP, Investment Principal, AON CONSULTING LTD.
Directorate for Financial & Enterprise Affairs, ORGANIZATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT
Managing Director, COVENTRY LIFE SETTLEMENTS

16:00

REFRESHMENT BREAK

Sponsored by:
VARA CAPITAL MANAGEMENT

16:30

Practical Analysis of Strategic Asset Allocation and Tactical Asset Allocation Strategies

• The Old World of Asset Allocation Concentrated on Equities and Bonds
• What Were the Shortcomings that Brought Down the Equity Myth?
• The New World of Asset Allocation is Becoming More Heavily Weighted by Alternatives
• What is the Risk/Reward Tradeoff in This New Environment?
• What are Some of the Tactical Moves and How Can They Go Wrong?
• Why there is a need for investments that are not “long on the economy”?
• Why is Liquidity Important?

Moderator:
Trustee, BOCA RATON (FL) POLICE & FIRE RETIREMENT ASSOC

Panelists:
Administrator of the Reserve Funds, EUROPEAN PATENT OFFICE
Senior Manager, KPMG LLP
Principal and Senior Consultant, MERCER
CEO, SOFT-FINANCE SA

17:30

Commodities: Where Do We Go from Here

• A Macroeconomic case for commodities
• Practical risk management techniques for commodity futures trading
• Timing investment allocations and securing long term prospects in Commodities
• Commodity Investment Structures
• How commodities can improve a portfolios efficiency
• Implementing a commodity strategy for an Endowment fund
• Inflation link; is there one?
• The application of a volatility model into an institutional portfolio
• How has Legislation played into the Commodity markets?
• Where Will Commodity Markets Be in Relation to A) Next Year, B) Three Years and C) Five Years?
• Which Lessons from History that Can Be Applied to Today’s Markets?
• If This Is a Bubble, What Might Cause It to Burst? If Not a Bubble, Will Prices Drop or Stay at These Levels?

Moderator:
Consultant, INDEPENDENT ADVISOR (Switzerland)

Panelists:
General Partner, EAM PARTNERS L.P.
Chief Executive Officer, GOLD TRUST AG
Commodities and Financial Risk Advisory, KPMG
CIO, FITZWILLIAM ASSET MANAGEMENT

18:30

Session Concludes/Cocktail Reception

Sponsored by:
MADRID INTERNATIONAL FINANCIAL CENTRE

Tuesday 20 October 2009:

8:30

Continental Breakfast

9:00

Co-Chairpersons’ Welcoming Remarks
Trustee Director, MOTOR INDUSTRY PENSION PLAN
Chairman, EUROPEAN PARLIAMENT PENSION FUND/Director, CERN PENSION FUND
Managing Director, ALPHA INVESTMENT MANAGEMENT

9:15

Meet the Managers

This session will consist of five managers with a total of ten minutes each to speak. There will be no Power Point presentations during this session. The five managers will one by one have an opportunity to discuss their background, strategy, methodology and performance of their funds. There will be a session leader carefully monitoring the ten minute limit. After all five managers have spoken; we will open the floor to questions from the audience.

Facilitator:
Trustee Director, MOTOR INDUSTRY PENSION PLAN

Panelists:
Partner, KROM RIVER TRADING AG
Associate Investment Director, GREENPARK CAPITAL
Managing Director, AMP CAPITAL INVESTORS
Managing Partner, TRAFALGAR CAPITAL ADVISORS
Founder, QBASIS FUND MANAGEMENT

All Sessions Are Panel Discussions and Power Point Presentations Are Prohibited

10:30

Private Equity: Opportunities and Trends

Are all Pension Plans Scaling Back on Private Equity Allocations due to Denominator Effect?
What is the Current State of the Private Equity Industry?
Pros and Cons of Private Placement versus going Public
The evolving role of private equity in capital markets
Convergence of Private Equity and Hedge Funds
Building a New Private Equity Program and Taking it to Mature Stage
Types of Strategies Involved
Distressed Investing, a Comparative Analysis of Private Equity and Hedge Funds
Emerging Private Equity Markets of Focus
Engineering and Executing a Successful Exit Strategy
Are Private Equity Allocation Models being Re-written?
Why are so Many Private Equity Firms facing Defaults?

Moderator:
Chairman, EUROPEAN PARLIAMENT PENSION FUND/Director, CERN PENSION FUND

Panelists:
Investment Funds Director and President, L CAPITAL – LOUIS VUITTON-MOET HENNESSY
Director, Fundraising and Investor Relations, THE RIVERSIDE COMPANY
CEO, ALPHA GLOBAL ADVISORY LLC
CEO, DA VINCI INVEST LTD

11:30

REFRESHMENT BREAK

Concurrent Sessions: Choose A or B

Track A

Track B

12:00

How Should Investors Seek to Integrate Alpha and Beta Decisions in Their Portfolios?

• Should Beta Implementation Be Pursued on a “Passive” or “Active” Basis?   
• What Best Practices Should Investors Follow when Using Structured Securities?  Does Proper Optimization of Alpha and Beta Require Investors to Avoid these Complex Investment Vehicles?
• Are Investors Coming to a Realization that Relying on Easily Attainable Beta can be a Risky Proposition?
• What is the Best Plan Structure to Follow when Optimizing Cost and Use of Alpha versus Beta?
• While Alpha May be more Costly and Complex to Attain, Can it truly be Less Risky?
• Is Beta Losing its Dominance as Source of Future Returns?
• When is Beta-based Alpha better than Active Alpha?
• Do Plan Sponsors Make an Effort to Separate “Beta” Performance from “Alpha” – Or Combine these for Attribution Purposes?
• Rationale for and Implementation of Alpha-Beta Separation
• Premia and Beta returns in Strategic versus Tactical Asset Allocation

Moderator:
Head of Pension Funds, UNICREDIT GROUP

Panelists:
Managing Director, HINDUJA BANK (SWITZERLAND) Ltd
INTERNATIONAL PENSION ADVISOR ( Netherlands )
CEO, BLUE WHITE ALTERNATIVE INVESTMENTS LTD         

What Levels of Allocation are Institutional Investors Making to Real Estate?

• How Do You Determine Your Allocation to Real Estate?
• Understanding Developments in Real Estate
  Investment & How to Select a Real Estate Manager
• Which areas are producing the greatest returns
• Investing in Real Estate: What does the future hold?
• Are there opportunities in international real estate,
  and if so how to invest?
• Opportunities in international real estate
• Effective Strategies for investing in REITS
• Main Reasons for Including Real Estate in Portfolio:
  Diversification, Hedging Interest Rate and Inflation
  Risk and/or Alpha
• Is Real Estate Part of the Alternatives or an Asset
  Class on its Own?
• How Do You Diversify Your Real Estate Portfolio:
  By Geography? By Sector (Office, Retail,
  Residential, Logistics)?

Moderator:
Group President, AL MIDAS INTERNATIONAL GROUP (Family Office)

Panelists:
Director Research and Market Information, INREV
Managing Director, COMPOSITION CAPITAL PARTNERS
Managing Director, LONDON & CAPITAL
Vice President, METROPOLITAN REAL ESTATE EQUITY MANAGEMENT, LLC

Concurrent Sessions: Choose A or B

Track A

Track B

13:00

Betting On Emerging Markets

• Emerging Markets Opportunities
• Can Emerging Markets continue to Outpace
  Developed Markets
• The BRIC Economies
• Which Emerging Markets are providing the greatest
  returns?
• Distressed Debt Opportunities in Emerging Markets
• How to choose an Emerging Markets fund manager
• What Are the Main Long-Term Drivers for Institutional
  Investors to Invest in Emerging Markets?
• Frontier Markets: What Are the Opportunities
  and Risks?

Moderator:
Director of Finance & Administration, CORAM FAMILY FOUNDATION

Panelists:
PRIVATE INVESTOR
Partner, MATTERHORN INVESTMENT MANAGEMENT LLP
Emerging Markets Portfolio Manager, COMGEST
Managing Director, LOMBARD NORTH AMERICA, INC

Alternative Styles & Strategies

• What avenues of investments will yield the greatest
  returns over the next 12 months
• Approaching Alternative Asset Classes: Open Mandate
  or Narrow Guidelines?
• Do We Understand the Real Risks of Alternative
  Investments?

Moderator:
Planning Services Director, JAMES AVIATION LTD

Panelists:
Senior vice President, PEACHTREE ASSET MANAGEMENT
Managing Director, TRANEN CAPITAL
ECONOMIST

14:00

Luncheon - Managed Futures in the Institutional Portfolio

Keynote Speaker:
General Partner, EAM PARTNERS L.P.

15:30

The Future of Fund of Funds – Renewing Faith

• The New Fund of Funds Landscape
• Where Fund of Funds Make Sense, and Where They May Not
• Fund of Funds vs. Multi-Strategy
• How the General Partner of the Fund of Funds Birddogs Your underlying investments
• How are Fund of Funds evolving to sustain performance in an ever changing environment
• Do International Funds of Funds offer an advantage
• How are Funds of Funds allocating capital across numerous hedge fund strategies
• How can Fund of Funds remain viable and still demonstrate the value they provide to investors?

Moderator:
CEO, Founding Partner, PLENUM INVESTMENTS AG (Family Office)

Panelists:
Director of Investments, FERI INSTITUTIONAL ADVISORS GMBH
Chairman & CEO, PENTIUM FUND GROUP
Head of Product Strategy & Business Development, MAN INVESTMENTS
CIO, SARES INVEST B.V.

16:30

Risk Conscious Portfolio Construction

• How to access and manage Risk in the Current Volatile Environment
• How offsetting Long and Short Positions can be used to control and customize Portfolio Risk
• Risk Management and Balanced Portfolios
• Understanding the Methodology of determining Investment Risk and incorporating it into the Portfolio Construction Process
• Risk and Quantitative Analysis
• Asset Allocation and the Influence of Downside Risk
• Approaches to implementing Alternative Investment Programs
• Diverse Methodologies to hedge against Inadvertent Risk
• How will New Regulations effect Portfolio Construction?

Moderator:
Chairman, COMPLETE CONSULTING

Panelists:
Investment Management Corporate Finance, HARVARD UNIVERSITY
Principal, PETSCHEK FAMILY OFFICE          
CEO, FINLES CAPITAL MANAGEMENT
Chief Executive Officer and Founder, IGS GROUP LTD

17:30

Hedge Funds: Why Now More Than Ever?

• What are unique hedge fund issues for Institutional Investors
• Hedge Funds in a post-Madoff era, what steps will be taken to prevent this happening again?
• Performance measurement of hedge funds
• What is the current state of the hedge fund industry and what lies in store for the future
• When will Hedge Funds recover?
• Direct hedge fund investing versus direct traditional manager investing, how do they differ?
• How are Hedge Funds adapting to changing trends in global investments
• What are Managed Accounts and why is there a rise in their popularity versus hedge funds?
• Why are Hedge Funds an essential part of the financial system?

Moderator:
Managing Director, ABSOLUTE RETURN CONSULTING GMBH

Panelists:
Consultant, CLONTARF CAPITAL
CFA, President and Chief Risk Officer, VARA CAPITAL MANAGEMENT LLC
Senior Advisor, RENTROP INVESTMENT OFFICE
Senior Executive, CQS

18:30

Session Concludes/Cocktail Reception

Wednesday 21 October 2009:

All Sessions Are Panel Discussions and Power Point Presentations Are Prohibited

8:30

Continental Breakfast

9:00

Co-Chairperson’s Remarks
Trustee Director, MOTOR INDUSTRY PENSION PLAN
Chairman, EUROPEAN PARLIAMENT PENSION FUND/Director, CERN PENSION FUND
Managing Director, ALPHA INVESTMENT MANAGEMENT

9:15

Risk Debate: This House Believe that Institutional Investors Do Not Understand the Risks of the Current Market

Debate Chairman:
Chairman, WENTWORTH HALL CONSULTANCY LTD

Panelists in the Affirmative-
Director of Investment Strategies and Solutions, RUSSELL INVESTMENTS
Director, MONACO INVESTMENT RESEARCH

Panelists in the Negative-
Principal, DHANDSA FAMILY OFFICE
Assistant Director, Institutional Desk and Pension Funds, HSBC PRIVATE BANK (Monaco) S.A

10:15

Responsible Investment and Ownership: Current Practice and Trends

• 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
• The screening process
• How does one actively engage with equity?
• Economic stimulation: job creation, business creation, & and improvement of infrastructure
• Reporting to Investors and Plan Members
• Monitoring Compliance
• Legal and Political Constraints

Moderator:
Director, SDB PENSION FUND

Panelists:
Senior Investment Manager, ESPA FINANCIAL ADVISOR
Director, HERMES EQUITY OWNERSHIP SERVICES LIMITED
President, ETHIX SRI ADVISORS
Fund Manager / Head of Equity, I2BF

11:15

Consultants Roundtable

• The blurring of lines between traditional and alternative investments
• Committee best practices in light of increased use of alternatives
• Compelling investment opportunities
• What new strategies and research are consulting firms offering?
• Increased Manager search activity
• Answering audience questions on consulting to Endowments and Foundations in today’s market

Moderator:
Chief Executive, ALLENBRIDGEEPIC INVESTMENT ADVISERS

Panelists:
European Partner, MERCER
Senior Managing Director, WILSHIRE ASSOCIATES
Director, MICHELET CONSULT
Senior Consulting Actuary, GOVERNMENT ACTUARY DEPARTMENT (U.K)
CEO, SOFT-FINANCE SA

12:15

Conference Concludes