Private Equity Summit for

Institutional Investors


November 9-10, 2009
La Costa Resort & Spa, Carlsbad, CA

PAST CONFERENCE AGENDA (as of 11-04-2009) ___

Senior Associate, Wilshire Investment Consulting
Trustee, Austin Police Retirement System
Board Member, Chair of Private Markets Committee, Orange County Employees Retirement System
Vice Chairman, Philadelphia Board of Pensions
Portfolio Manager, PrideCo Capital Management (Multi-Family Office)
Finance Director, PROVIDENCE EMPLOYEES' RETIREMENT SYSTEM
Senior Portfolio Manager, University of Colorado Foundation
Advisory Committee Member, Texas Permanent Fund
Managing Director, Longevity Family Capital
Partner, Altius Associates
Trustee, Orange County Retirement System
Senior Investment Analyst, Highland Capital Management (Multi-Family Office)
Managing Director, Strait Ventures Olympic (Family Office)
Managing Director, Bainbridge Capital Advisors
Trustee, City of Birmingham ( AL ) Employees Retirement and Relief System
Trustee, City of Birmingham ( AL ) Employees Retirement and Relief System
Chief Financial Officer, San Diego Foundation
Trustee, Virginia Retirement System
Director, Greycourt
Asst. Private Equity Portfolio Manager, Arizona State Retirement System
Director - Structured Products , BP Corporation North America Inc
Portfolio Director, College Illinois
Planning Officer, Oklahoma Firefighters Pension & Retirement System
Director - Private Equity & ETI Programs, New Mexico State Investment Council
Investment Manager, Loma Linda University Foundation
President, Mil Kered Inc. (Family Office)
President, PrideCo Capital Management (Multi-Family Office)
Director, Asia Economic Institute
Trustee, City of Boston Pension Fund
Director, BEDI CAPITAL LLP (FAMILY OFFICE)
Trustee, Policemen`s Annuity & Benefit Fund of Chicago

Associate, Canterbury Consulting
CIO, Elizabethtown College
Executive Director, Kare Youth League
Trustee, Chicago Park Employees' Annuity and Benefit Fund
Assistant Comptroller For Pensions, New York City Retirement Systems
Trustee, Orange County Retirement System
Senior Consultant, New England Pension Consultants 
Senior Associate, Meketa Investment Group  
Consultant, Meketa Investment Group, Inc.
Director of Finance, Gemological Institute of America
Chief Deputy Treasurer, SAN DIEGO COUNTY TREASURER ’S OFFICE
Executive Director, Chicago (IL) Park Employees A&B Fund
President, QUALITY MANAGER CONSULTANTS LLC
Chairman, Board of Directors, ORAL & MAXILLOFACIAL SURGERY FOUNDATION
Chief Executive Officer, United Management Group
Trustee, Thomas C. Ackerman Foundation
Founder, SFG Asset Advisors, LLC (Family Office)
Senior Associate, Meketa Investment Group
Chief Investment Officer, Long-Term Solutions, LLC
General Partner, Bainbridge
Chairman, Austin (TX) Police Retirement Fund
Professor of Finance, Cal State Dominguez Hills
Director, Asia Economic Institute
Chairman, Investment Committee, Texas Permanent School Fund
Private Equity Portfolio Manager, Arizona State Retirement System
Managing Director, Longevity Family Capital
President, Baciu Family Capital
Wealth Advisor, Cornerstone Wealth Management
Principal, Jacobson Capital (Family Office)
Managing Director, Cornerstone Wealth Management
Pension Trustee, Alaska Electrical Pension Fund
Managing Director, SUMNICHT & ASSOCIATES
Vice President & Director, The Brainerd Foundation
Co-Chair, Alaska Electrical Pension Fund
Associate, Canterbury Consulting

Monday, November 9, 2009:

8:00a

Golf Tournament

11:00a

Registration

1:45p

Co-Chairpersons’ Welcoming Remarks

2:00p

LP Outlook on Private Equity Investing:

What areas of the private equity market are drawing attention from investors and what are the best strategies for growth?

• Distressed private equity
• Secondary private equity market
• CMBS and Debt
• International Best Buys
• Commercial real estate

Moderator:
Assistant Comptroller For Pensions, NEW YORK CITY RETIREMENT SYSTEMS

Panelists:
Assistant Comptroller For Pensions, New York City Retirement Systems
Senior Consultant, New England Pension Consultants
TBA, PCG Asset Management
Principal, RCP Advisors
Senior Vice President & Director of Research, PCG Asset Management

3:00p

Hedge Funds & Private Equity…..Maximizing Returns

• Where we've been...Where are we going?
• Top Acquisition strategies
• Adding Value
• Selling at the Peak
• Asset Management issues
• JV and Ownership models
• Top Disposition models

Moderator:
Trustee, CHICAGO PARK EMPLOYEES' ANNUITY AND BENEFIT FUND

Panelists:
Senior Associate, MEKETA INVESTMENT GROUP
President & CEO, DYNAMIC ASSET MANAGEMENT
CFA, Managing Director, Morgan STANLEY SMITH BARNEY
Managing Director, Athena Fund ADVISORS

4:00p

Afternoon Refreshment Break

4:15p

Risk Management with GP’s…..Post Madoff

• New Regulation
• Safety of Capital
• Rigorous due diligence
• Inspections & reporting
• Attracting capital
• Top Successor Issues

Moderator:
President, QUALITY MANAGER CONSULTANTS LLC

Panelists:
Managing Director, Private Advisors LLC
Senior Vice President, Marsh & McLennan
Partner, WALLER LANSDEN DORTCH & DAVIS, LLP

5:00p

Keynote Speaker:
Where to Invest? An analysis of today’s current market.

• What is the investment potential for lots and broken subdivisions?
• Which markets are most likely to yield 25%+ IRRs?
• "Land has zero value":  myth versus reality
• What are the best local-market quant indicators to monitor?
• What are those local indicators saying?  (Market-level indicators will be shared)

Chief Economist, Metrostudy

5:30p

Latest Banking Issues…Buying from the Banks
• FDIC
• Buying out of Bankruptcy
• Modifications, Workouts and walk a ways
• Restructuring and downgrading debt

Moderator:
Board Member, Chair of Private Markets Committee, Orange County Employees Retirement System

Panelists:
President & CEO, Commerce Street Capital
Partner, Crown Realty ADVISORS
Managing Director, CSG CAPITAL
Shareholder, Berger Singerman

6:15p

Cocktail Reception

Sponsored by:
REZNICK CAPITAL MARKETS, LLC

Tuesday, November 10, 2009:

7:30a

Breakfast

Sponsored by:
WORLD GOLD COUNCIL

8:20a

Welcoming Remarks

8:30a

Private Equity: Post Credit Crisis

Speaker:
Trustee, Virginia Retirement System|

9:00a

Distressed Debt Investing

• Real Estate
• Valuations and Debt analysis
• True value of Debt…Leverage
• Liquidity and transaction issues
• Creative deal structures
• Top Successor issues
• Best Buys

Moderator:
President, Badge of Honor Memorial Foundation & Financial Advisor, Texas Department of Public Safety (State Police) Officers Association

Panelists:
Principal, STOKES CAPITAL MANAGEMENT, LLC
Founder and Managing Partner, DBP CAPITAL, LLC
Chairman, Chief Executive Officer, RER Financial Group, LLC
President, Paramount Holdings

10:00a

Emerging Strategies

• What to look for in a firm
• Emerging Mangers Criteria
• Is big better?
• Metrics and criteria for evaluation
• A JV with your fund
• LDI

Moderator:
Chief Deputy Treasurer, San Diego County Treasurer’s Office

Panelists:
Assistant Comptroller For Pensions, New York City Retirement Systems
Partner/Founder, Industry Capital
Managing Director, StepStone Group, LLC
Associate, US Renewables Group

11:00a

Morning Refreshment Break

11:15p

Raising A Fund: The challenges faced and what should investors be looking for?

• Raising Capital
• Evaluating structure
• Public or Private
• Tax and legal issues
• Expected returns
• Liability, Compliance & Fiduciary Duties
• International Opportunities

Moderator:
Trustee, SAN DIEGO FOUNDATION

Panelists:
National Managing Partner, Private Equity, KPMG
Trustee, Virginia Retirement System
Partner, MVision Private Equity Advisers
Partner, ALTIUS ASSOCIATES

12:15p

Private Equity Strategies:

• Return Expectations
• Secondary debt opportunities
• Valuation policies impacting returns, audits, baselines
• Where the smart $$ is headed
• Deal structures. waterfalls
• Regulatory & Compliance Issues
• Is it time to invest in venture capital

Moderator:
Trustee, CITY OF BOSTON PENSION FUND

Panelists:
Trustee, ORANGE COUNTY RETIREMENT SYSTEM
Partner, ALTIUS ASSOCIATES
Director, CAPITAL BYNAMICS
Co-Founder & Managing Partner, UFG ALMAZ CAPITAL PARTNERS

1:00p

Luncheon
“Gold as an Asset Class”

Investment Research Manager, WORLD GOLD COUNCIL

2:15p

Financing and Management Issues

• Restructuring strategies and issues
• Corporate debt and buybacks
• Reporting, write downs vs. Write offs
• Raising capital… top sources
• Bankruptcy and tax issues

Moderator:
Chairman, Investment Committee, TEXAS PERMANENT SCHOOL FUND

Panelists:
Founder, Blott Asset Management, L.L.C.
CEO, Ridgeback Partners
Managing Member, Breeze Venture Management

3:00p

Venture Capital

• Exit Strategies
• Where are the best returns
• Sources, Cost, Availability?
• Where are the best returns?
• Smart investing in a down market
• Liability Issues

Moderator:
Executive Director, CHICAGO (IL) PARK EMPLOYEES A&B FUND

Panelists:
Managing Partner & CEO, ENTREPIA VENTURES, INC.
Partner, Rustic Canyon Ventures
Managing Partner, SAIL Venture Partners
Managing Director, Fisher Lynch Capital

4:15 p

Cocktail Reception

Sponsored by:
CROWN REALTY ADVISORS