Agenda

  • December 8, 2020
  • September 29, 2020 (Past)
  • October 26, 2020 (Past)

10:45am - 10:50am

Welcome Remarks

D. Brooke Harlow, Chief Commercial Officer, Managed Funds Association

D. Brooke Harlow is the Managed Funds Association’s Chief Commercial Officer. Brooke is responsible for strategy and execution of the Association’s education and business development initiatives as well as the Association’s relationships with the institutional investor and fund manager communities. Brooke works directly with MFA’s President & CEO on the Association’s public affairs and investor relations priorities and also leads the Association’s global Conferences and Events team. Previously she headed MFA’s Communications team and ran Membership Development for the Association. Brooke also serves as Executive Director of the Center For Alternative Investment Education, a private foundation dedicated to enhancing the knowledge and understanding of alternative investments and the alternative investment industry.

Brooke joined MFA from Highbridge Capital Management where she served as Managing Director of Communications and Public Affairs. In that capacity, Brooke was responsible for the corporate communications, marketing, branding, events and public affairs operations at the firm and served as its spokesperson.

Prior to joining Highbridge, Brooke was a Vice President of Investment Bank Marketing and Communications at J.P.Morgan where she managed media relations for the global credit, emerging markets and private equity businesses at the bank, served as head of marketing and communications for Latin America and as a member of the Latin American Investment Bank management committee; managed crisis communications for the investment bank; and worked closely with members of the bank’s Operating Committee.

Brooke also was a senior associate at Burson-Marsteller in Washington, D.C., and also worked at CNN serving as a field producer in the Washington, D.C. and Mexico City bureaus.

Brooke graduated from Yale University with a B.A. in American Studies and was selected as a Rotary Scholar and studied at El Colegio de Mexico in Mexico City, Mexico as part of their Masters in International Relations program.

Ms. Harlow is a life member of the Council on Foreign Relations and a Board Member of Surgeons OverSeas and the Women’s Board of the Boys Club of New York. She is also an advisor to the Center for Public Leadership the John F. Kennedy School of Government at Harvard University.

 

10:50am - 11:35am

General Session

Part I: Portfolio Management in the Time of COVID-19

Moderated By:

Michael Monforth, Managing Director, Global Head of Capital Advisory, JP Morgan

Michael Monforth is global head of Capital Advisory where he leads the Capital Introduction and Consulting function within Global Sales & Marketing. Michael has been working with and advising hedge fund clients since the mid-2000s. Prior to joining the Capital Advisory team, Michael was global co-head of the Hedge Fund sector within the Corporate & Investment Bank’s Investor Client Management group. In this capacity, Michael lived in London for five years and helped expand J.P. Morgan’s hedge fund focus outside the U.S. Michael previously worked in FIG banking covering Hedge Funds where he advised a number of clients on various corporate finance projects. Michael also held roles in Structured Finance Sales as well as Financial Risk Management the early part of his career at J.P. Morgan.

Michael joined heritage J.P. Morgan in 1998 and prior to that, he was with PriceWaterhouseCoopers for two years where he earned his CPA. Michael is married with three children and enjoys the outdoors, particularly mountain climbing.

Panelists:

Brian Neale, Vice President of Investments, University of Nebraska Foundation

Mr. Neale has over two decades of institutional investment experience and is responsible for the oversight and investment of more than $2.8B of investable assets on behalf of the University of Nebraska Foundation.  In this role, his principal duties include establishing long-term asset allocation policies and short-term tactical tilts, manager research and selection, portfolio compliance and oversight, and serving as principal staff liaison to the Foundations Investment Committee.  Additionally, Mr. Neale is part of the Foundations Executive Leadership Team.  Mr. Neale has been with the Foundation since 2014, having joined most recently from MedStar Health (Baltimore, MD), and Wells Fargo Securities (Richmond, VA) prior to that.  He Holds a Bachelors of Arts degree in History from the Virginia Military Institute and an MBA from The College of William & Mary.  Proud to call himself a Midwesterner, he resides in Lincoln with his wife and two children.

Andrew Palmer, Chief Investment Officer, Maryland State Retirement and Pension System

Andrew Palmer, CFA is the Chief Investment Officer for the Maryland State Retirement and Pension System. In this role, he is responsible for the day-to-day operations of the System’s investment division and has overall responsibility for the System’s investment program.

Previously he was the Deputy Chief Investment Officer, Director of Fixed Income for the Tennessee Consolidated Retirement System. In addition to his role as Director of Fixed Income, he led the construction of a Strategic Lending Portfolio, was a member of the Private Equity and Real Estate Committees and shared in the responsibility for tactical asset allocation and new product development. He began his career at ASB Capital Management, a Bethesda, Maryland based institutional advisory firm.

Mr. Palmer is a member of the University of Maryland, Economics Leadership Council, and the ILPA, has been active in the CFA program and was President of the Washington Association of Money Managers. He received a BA and an MA in Economics from the University of Maryland.

11:35am -12:20pm

General Session

Part II: Portfolio Management in the Time of COVID-19

Moderated By:

Kelly Golden, Executive Director – Capital Introduction, UBS

Kelly is an Executive Director and Head of the West Coast and Texas Capital Consulting efforts for UBS. Before joining UBS in 2013, Kelly spent 5 years on the allocator side, with stints at ICG Advisors (a Los Angeles-based Multi Family Office) and Hall Capital (a San Francisco-based Multi-Family Office). Kelly serves on various leadership and client strategy committees across the firm.

Panelists:

Ryan Abrams, Senior Portfolio Manager, Exelon Corporation

Ryan Abrams is Senior Portfolio Manager at Exelon Corporation.  In this role, he supports developing investment strategy and asset allocation for Exelon’s various investment trusts.  He is also responsible for sourcing, implementing, and monitoring all of Exelon’s public equity investments, as well as investments with hedge funds and other uncorrelated strategies.  His areas of interest include alpha-beta separation, portable alpha, risk parity, risk-based asset allocation, and overlay strategies.  He earned his Master of Arts from the University of Texas at Austin, Bachelor of Arts from the University of Notre Dame, and holds the Chartered Financial Analyst (CFA) and Financial Risk Manager (FRM) designations.

Mohamed Elkordy, Senior Investment Officer, Private Credit & Opportunistic Investments, New York State Common Retirement Fund

Alissa Shipper, Director, Public Securities, Bayshore Global Management

Alissa Shipper is Director of Public Securities at Bayshore Global Management.  In this role, she is in charge of portfolio investment strategy and implementation for hedge funds, public equities and fixed income.  Previously, Alissa was an Investment Director at Fidelity Family Office, where she advised family offices on overall portfolio asset allocation and strategies across asset types. Before that, Alissa was Director of Public Markets at CM Capital, a family office in Palo Alto where she invested in hedge funds and public equity managers.  Alissa began her career in fixed income capital markets at Bear Stearns and as an analyst at Arbor Partners, an equity long/short hedge fund.  Alissa has an MBA from Stanford Graduate School of Business and a B.S. in Operations Research from Columbia University.

12:20pm-1:00pm

Breakouts

Investor Meeting Room 1: A Look Ahead at the 2021 Marketplace: Asset Classes and Industry Sectors

Joel Hinkhouse, Director - External Public Markets, Teacher Retirement System of Texas

Joel Hinkhouse is a Director of External Public Markets at the Teacher Retirement System of Texas (TRS), a $150 billion pension system serving 1.5 million active and retired educators and their families. Mr. Hinkhouse currently directs the management of the Trust’s $23 Billion external equity portfolio; he previously managed much of the Trust’s $12 billion hedge fund portfolios. Joel is also currently leading TRS’s efforts in leading the Trust’s evaluation of potential on-the-ground presence in Asia. Prior to TRS, Mr. Hinkhouse served in a similar role at the John D. and Catherine T. MacArthur Foundation in Chicago, where he co-managed the fixed income portfolio and a $1+ billion hedge fund portfolio and a $500 million private distressed portfolio. He has also worked for two hedge fund firms in Chicago in various roles ranging from risk management to creation of new fund offerings. Joel began his career at PricewaterhouseCoopers as a technology consultant focused on trading systems for energy companies. Mr. Hinkhouse earned an MBA with High Honors from the University of Chicago, and is a graduate of the University of Texas at Austin.

 

Scott Hansen, Executive Director - Associate Director, US Equity Research and Head of Product Management, JP Morgan

Scott Hansen is the Associate Director of US Equity Research and the Head of Product Management.  Scott has been in this role since 2016 and is responsible for spearheading the internal partnerships with Sales and Trading and ensuring that the overall product we deliver to our clients across multiple channels, including written, digital, corporate access, and investor conferences, is timely and leverages JPM’s global and cross-asset expertise.  Additionally, Scott manages nearly all of the US Equity Research Analyst & Associate population, where his responsibilities include supervision, hiring, development, compensation, and performance management.  Scott also has responsibility for developing and implementing the department’s data strategy, where he evaluates, tests, and deploys new data sources and analytic tools that can be applied to Global Research.  Throughout his 15 years at JPM, Scott has held a number of different roles within the CIB, including a former Healthcare Research Analyst and Healthcare Trading Desk Specialist.  Scott graduated from the Massachusetts Institute of Technology.

Investor Meeting Room 2: Hedge Fund Replication in Light of COVID-19

Jason Sammet, Senior Investment Officer, Missouri State Employees' Retirement System (MOSERS)

Jason joined MOSERS in 2016 as a Senior Investment Officer. Currently, he is involved in developing the portable alpha program and oversees the hedge fund investments while also collaborating in portfolio construction and asset allocation implementation decisions. Prior to joining MOSERS, he worked at Cigna Investment Management in Hartford, Connecticut for two years, where he managed insurance and pension portfolios. Prior to Cigna, Jason spent eight years at NISA Investment Advisors in St. Louis managing portfolios for some of the largest public and private pension plans. A Missouri native, Jason graduated from the University of Missouri-Columbia and has an MBA from Johns Hopkins University School of Business. He is a CFA Charterholder. Jason lives in Jefferson City with his wife and two children.

Mike Clark, Head of Investor Solutions - Americas, Societe Generale

Investor Meeting Room 3: Risk Management and Portfolio Construction in Light of COVID-19

Derek Drummond, Portfolio Manager-Funds Alpha, State of Wisconsin Investment Board

Dobromir Tzotchev, Senior Risk Premia Strategist, JP Morgan

Dobromir Tzotchev is an Executive Director on the Quantitative and Derivatives Strategy team. His main focus is risk premia research and cross-asset systematic strategies. Dobromir joined J.P. Morgan in 2017. Previously, he was a Senior Quantitative Strategist at Société Générale and a quantitative portfolio manager on the buy side. He holds a doctorate in Finance and Statistics from the European University Viadrina, Frankfurt (O).

Investor Meeting Room 4: Absolute Return Strategies in Light of COVID-19

Joe Tolen, CAIA, Director of Multi-Asset Strategies, Indiana Public Retirement System

Joe Tolen is the Director of Multi-Asset Strategies for the Indiana Public Retirement System (INPRS) and is responsible for the formulation and implementation of the Risk Parity and Absolute Return portfolios.  Joe joined INPRS in January 2018 and previously served as an Investment Officer focused on Multi-Asset Strategies. Prior to joining INPRS, Joe worked on the Equity Derivatives Sales Trading team for Morgan Stanley in London.  Joe received his BS in Finance and Entrepreneurship from Indiana University.

Kenny King, Global Head of Alternatives Relationship Management, BNY Mellon

Kenny D. King is a Managing Director at BNY Mellon responsible for managing the global Relationship Management team for Alternatives. BNY Mellon provides innovative services for alternative managers and asset owners across hedge funds and fund of hedge funds, private credit, private equity, and real estate. Prior to joining BNY Mellon, Kenny was the Head of the Americas Capital Introduction and Consulting Team for J.P. Morgan. He managed a team that introduced institutional investors and thirdparty vendors to the firm’s hedge fund clients. Prior to the Americas role, Kenny spent three years managing the EMEA Capital Introduction Group in London. Kenny has spent his entire career working in alternatives from the beginning when he started as an analyst for Merrill Lynch Investment Managers Alternative Strategies and then he joined Bear Stearns as the Head of Due Diligence for its Structured Funds business. Kenny holds a B.S. in Management from Tulane University and is a CFA Charter holder. Kenny lives in Rumson, NJ, where he enjoys spending time with his wife, daughter, and son. Kenny serves as Board of Trustee for the Visiting Nurse Association Health Group in New Jersey. In his spare time, Kenny enjoys golfing and reading non-fiction books.

 

The September portion of the event is over. Please select a different day to see the upcoming agenda.

11:00am – 11:50am

General Session

Portfolio Management in the Time of COVID-19

Moderated By:

Jaynita Sodhi, Managing Director, Head of Capital Services Americas, Credit Suisse

Jaynita Sodhi is the Head of Capital Services Americas within Prime Services where she has worked for the past decade.  She joined Credit Suisse in 2006 in the Hedge Fund Private Fund Group, where she was involved in all aspects of deal management, sourcing, and due diligence of hedge funds. Prior to joining Credit Suisse, Jaynita was at J.P. Morgan, where she worked with the Credit Derivatives and Structured Credit Product groups focusing on CLOs.  While at J.P. Morgan, she was invited to join the bank’s Financial Institutions Group (FIG) advising alternative investment clients on M&A, capital raising (including debt and equity financing solutions), and risk management.  Jaynita graduated from the Cass Business School in London with a BSc (Hons) in Banking & International Finance.  She is based in New York City.

Panelists:

Steve Algert, Managing Director and Assistant Treasurer, The J. Paul Getty Trust

Steve Algert is Managing Director and Asst. Treasurer responsible for the hedge fund and credit-related programs for The J Paul Getty Trust, the $7 billion foundation that operates the Getty Museum in Los Angeles.  Previously, Steve was at The Regents of the University of California, where he made the first hedge fund investments and helped oversee public equities.  Before that Steve was in the fund of hedge funds group at Citigroup Alternative Investments and in the fixed income risk management and consulting groups at BARRA/RogersCasey.

Steve holds a Masters in Public and Private Management from the Yale School of Management and a B.S. from the University of California at Berkeley.  He is a CFA and CAIA charter holder.

 

Elizabeth M. Hewitt, Chief Investment Officer, Senior Vice President, Alfred P. Sloan Foundation

Elizabeth Hewitt joined the Alfred P. Sloan Foundation in 2015 as Chief Investment Officer and Senior Vice President.  As Chief Investment Officer, Hewitt is responsible for managing the Foundation’s endowment, including asset allocation strategy, fund manager selection, risk analysis, portfolio performance evaluation, and liquidity management.  Prior to joining the Foundation, Hewitt was Managing Director of Public Investments at the Robert Wood Johnson Foundation where she selected and monitored investments with managers, participated on the institutions risk assessment committee and contributed to overall portfolio management. Earlier in her career, Hewitt was a Senior Vice President for Lazard Asset Management (2001-2006), a Hedge Fund Analyst for The Torrey Funds (1999-2001), and a Wealth Management Associate for the U.S. Trust Corporation (1998-1999).  She holds an MA from the University of St. Andrews, Scotland. She is a Trustee of The Cary Institute of Ecosystem Studies, Millbrook NY and a member of the Investment Committees for The Madeira School, McLean VA and the Berkshire Taconic Community Foundation, Sheffield MA.

David Villa, Executive Director, Chief Investment Officer, State of Wisconsin Investment Board

Mr. Villa is the Executive Director/Chief Investment Officer of the State of Wisconsin Investment Board (SWIB).  In addition to his role as overall leader of the organization, he is responsible for implementing the investment policy and developing the architecture to manage fund level returns and risk for over $119 billion in assets.  Since 2006, he has led SWIB’s investment strategy serving as Chief Investment Officer and the Chairman of the Investment Committee.  Prior to joining SWIB, Mr. Villa served for two and a half years as the Chief Investment Officer for the State Board of Administration of Florida and twelve years with UBS Global Asset Management, previously Brinson Partners.  Mr. Villa began his career with First Chicago and Arthur Andersen.

Mr. Villa is a trustee of the Financial Accounting Foundation which is the parent organization of the Financial Accounting Standards Board and the Governmental Accounting Standards Board. Mr. Villa is also a board member and Treasurer of the Marguerite Casey Foundation.  He is a member of the 300 Club, a group of investment professionals from across the globe who have joined together to raise uncomfortable and fundamental questions about the investment industry and investing.

Mr. Villa has a BA in Economics from Princeton University, an MA in Latin American Studies from Stanford University, and an MBA, in Finance and Accounting from Northwestern University.  He is a Chartered Financial Analyst and a member of the Illinois CPA Society.

 

Ash Williams, Executive Director and Chief Investment Officer, State Board of Administration of Florida

Ash Williams, Executive Director & CIO of the Florida State Board of Administration, is responsible for managing approximately $235 billion in assets including those of the Florida Retirement System, the fifth largest public pension fund in the United States. Prior to joining the SBA, Ash was a Managing Director at Fir Tree Partners and President and CEO of Schroder Capital Management. Ash has extensive experience with both the SBA and Florida government, serving as Executive Director of the SBA from 1991 to 1996 and in senior management in Florida’s executive and legislative branches. Ash chairs the Managed Funds Association’s Institutional Investor Advisory Council, the Council of Institutional Investors’ Board and the Alternative Investor Forum’s Investor Board. He serves as Trustee of the Florida State University Foundation and the National Institute for Public Finance. Additionally, he serves on several Investment Committees including: the Episcopal Diocese of Florida, the International Endowment for Electrical Engineers; and the Advisory Board of the Robert Toigo Foundation. Ash received BS and MBA degrees from Florida State University (FSU) and completed post graduate programs at University of Pennsylvania’s Wharton School and Harvard’s John F. Kennedy School of Government.

12:00pm – 12:10pm

Virtual Coffee Break

12:00pm – 12:45pm

BREAKOUTS

Investor Meeting Room 1: How are Expectations Shifting for Portfolio Returns Post COVID-19?

Panelists:

Amit Thanki, CAIA, Senior Investment Officer, San Bernardino County Employees' Retirement Association

Mr. Thanki is a Senior Investment Officer with the San Bernardino County Employees’ Retirement Association (SBCERA). As a member of the investment team, he oversees the deployment of $2.5 billion in pension assets across multiple strategies with a focus on value, contractual income, and relationship structuring.

Prior to joining SBCERA in April 2012, Mr. Thanki was an Investment Analyst at Orange County Employees’ Retirement System (OCERS) where he was responsible for the oversight of the hedge fund, public equity, and public fixed income portfolios. He started his investment career at PIMCO and as a member of the marketing and business development group focusing on fixed income strategies in emerging markets, high yield and structured credit.

Mr. Thanki has over sixteen years of experience in the investment management industry and received the Money Management Intelligence 2013 Rising Star of Public Funds award. He earned his MBA from the Paul Merage School of Business at the University of California, Irvine and has a BS in Business Management from Oklahoma State University. Additionally, Mr. Thanki is a Chartered Alternative Investment Analyst (CAIA) charter holder and a member of the CAIA Association.

Jonathan Golub, Managing Director, Chief US Equity Strategist, Credit Suisse

Jonathan Golub is a Managing Director and Chief U.S. Equity Strategist for Credit Suisse, based in New York. In this role, he is responsible for the firm’s equity outlook, including market and earnings forecasts, as well as sector and thematic recommendations. Jonathan is a 30-year industry veteran, having served in senior investment strategy roles on the buy-side at JP Morgan Asset Management and the sell-side at Bear Stearns, UBS and RBC. Mr. Golub is a graduate of the Wharton School of the University of Pennsylvania, a CFA charter holder, and has been recognized as a top-ranked strategist by Institutional Investor.

Investor Meeting Room 2: How is Post COVID-19 Fed Liquidity Influencing Institutional Investors’ Asset Management and Portfolio Strategies?

Panelists:

Phillip Titolo, Head of Direct Private Investments, Portfolio Manager, Alternatives Investment Management, Massachusetts Mutual Life Insurance Company

Phillip Titolo is currently Head of Direct Private Investments and a Portfolio Manager, Alternatives – Investment Management for the MassMutual Insurance Co. general account portfolio, focusing on strategic asset allocation and external investment relationships across asset classes. He serves on several advisory boards in the private equity and corporate pension plan industries as well as a member on the Investment Committee for the upstate Connecticut Boy Scouts affiliate’s endowment.

Mr. Titolo was previously at Hartford Investment Management (The Hartford) and was jointly responsible for managing $2.3B in hedge fund/alternative investments on behalf of the insurance general account and The Hartford’s corporate defined benefit plan. He has also held alternative asset positions at Credit Suisse Asset Management in New York and at United Technologies Corporation in Hartford, CT.

Mr. Titolo graduated from the University of Connecticut with a Juris Doctorate and Masters of Business Administration and earned his Bachelor of Science in Business Administration from Boston College. He is a CFA® charter holder.

Richard Ryan, Director, Capital Introductions, Prime Services, Societe Generale

Having joined Societe Generale in 2008 via its Newedge subsidiary, Rick counts over 12 years of experience in capital introduction roles; managing hedge fund client relationships as well as maintaining a global network of institutional investors that allocate to absolute return strategies. After a stint with Jefferies, Rick re-joined Societe Generale in 2015 to contribute to the build-out of the multi-asset prime brokerage platform, with a focus on expanding investor dialogue.

Investor Meeting Room 3: How are Investors Thinking About “Risky” Assets’ Opportunities Post COVID-19?

Panelists:

Anders W. Hall, Vice Chancellor for Investments and Chief Investment Officer, Vanderbilt University

Anders W. Hall serves as Vanderbilt University’s vice chancellor for investments and chief investment officer.  He leads the Office of Investments, where he is responsible for managing the university’s $7 billion long-term investment pool, including the endowment.  Vanderbilt’s endowment serves as the financial underpinning for the university’s mission of teaching, cutting-edge research, and service.

Hall came to Vanderbilt in September 2013 from Duke University, where he worked for over a decade as head of public securities for DUMAC, the university’s investment management company.  He oversaw public investments for the Duke University endowment, pension plan, health system’s long-term assets, and the Duke family foundation.

Prior to that, Hall was an investment consultant with Hewitt Investment Group in Rowayton, Connecticut, and Atlanta, Georgia, where he advised approximately 20 institutional clients.  They included the New York Stock Exchange, Freddie Mac, and the University of Alabama System.

He also spent three years in the Prudential Advanced Management Development Program, a highly-selective leadership training program based in Newark, New Jersey.

Hall, a chartered financial analyst, double-majored in public policy studies and economics at Duke University, where he earned a bachelor of arts in 1993.  He earned an MBA from the New York University’s Stern School of Business, where he majored in finance and economics and graduated with high honors in 1999.

Hall serves on the boards of Big Brothers Big Sisters of Middle Tennessee, the Pi Kappa Phi Foundation, Rock the Street Wall Street, and The Healing Trust.  He previously served as a member of the governing board of Westminster Presbyterian Church and co-chaired the Annual Fund at University School of Nashville.

Hall lives in Nashville with his wife, Joanna, and their three children: Latham, Stewart, and Charlie.

Jim Holmberg, Vice President, Capital Introduction, Goldman Sachs & Co. LLC

Jim Holmberg is a senior member of the Goldman Sachs Capital Introduction team, where he advises hedge fund clients of Goldman Sachs on investor relations and marketing initiatives and serves as a relationship manager for a variety of endowments, foundations, pensions, funds of funds and family offices across the New York Tri-State area, the Mid-Atlantic, and the Southeast.

Prior to joining the Capital Introduction team in 2007, Jim worked in the Goldman Sachs Investment Banking Division, where he advised corporate and private equity clients in mergers & acquisitions and corporate finance.  Prior to joining the firm in 2002, Jim served as a captain in the United States Army’s 1st Infantry Division from 1996-2000.  Jim earned an MBA at the Darden School of Business at the University of Virginia in 2002 and a BA in Economics at the University of Virginia in 1996.  He serves on the board of Hope for New York and previously served on the board of the Center for Christian Study in Charlottesville, VA.  Jim resides in New York, NY with his wife and four children.

Investor Meeting Room 4: How Should Institutional Investors Rethink their Fixed Income Portfolio Post COVID-19?

Panelists:

Sebastian Vadakumcherry, Chief Risk & Compliance Officer, Alaska Permanent Fund Corporation

Sebastian Vadakumcherry serves as the Chief Risk & Compliance Officer for the Alaska Permanent Fund Corporation.  Sebastian joined APFC in 2018.

Sebastian’s financial services career spans over two decades, most of which was with Gulf Investment Corporation (GIC), Kuwait.  As the Head of Risk Management Division at GIC, he played a key role in setting up the risk management function and developing an overall ERM framework.  Sebastian holds a Bachelor of Engineering in Mechanical Engineering from Manipal Institute of Technology, India and Masters in Business Administration (MBA) from Texas A&M University, Texas.

Mark Connors, Managing Director, Global Prime Services Risk Advisory, Credit Suisse

The Portfolio and Risk advisory team provides consulting services and proprietary content and best practices relevant to hedge fund and real money clients in capacities across Portfolio, Treasury, Risk and Marketing.

Mark’s portfolio and risk management experience includes Senior Risk roles at the multi-strategy fund Diamondback Capital as well as Strategic Value Partners in various capacities including Head of Fixed Income, Currency & Commodity (FICC) Risk, and Counterparty Credit Risk and as Co-Chair of the Diamondback’s Investment Risk Committee. Prior to these dedicated risk management roles, Mark traded a capital structure arbitrage book at CIBC World Markets which served as the cornerstone strategy for the hedge fund Maystone Partners, which he co-founded and ran from 2002 thru 2005.  Mr. Connors is also a regular participant in industry conferences and contributor to media outlets including Barrons, Bloomberg TV & Radio, Reuters and the Wall Street Journal.

11:00am – 12:00pm

General Session

Portfolio Management in the Time of COVID-19

Harshal Chaudhari, Chief Investment Officer - Global Pensions, General Electric

Harshal Chaudhari serves as the Chief Investment Officer at GE where he is responsible for managing GE’s pension portfolio. Prior to this role, he was at IBM where he served in various senior positions including Chief Investment Officer, Chief Analytics Officer, Divisional CFO for software businesses as well as senior roles in the treasury department.

In addition to his corporate responsibilities, Mr. Chaudhari serves on the board of Managed Funds Association and as an Executive Committee member for the Committee on Investment of Employee Benefit Assets Inc. (CIEBA). He graduated from the University of Mumbai with a degree in Mechanical Engineering and earned his M.B.A. from the University of Chicago’s Booth School of Business.

Marcus Frampton, Chief Investment Officer, Alaska Permanent Fund Corporation (APFC)

Marcus Frampton, CFA, CAIA, FRM serves as the Chief Investment Officer of the Alaska Permanent Fund Corporation, where he manages a team of 25 investment professionals and is responsible for leading the firm’s investment activities.  Mr. Frampton has been with APFC since 2012 and served as the Director of Investments, Real Assets & Absolute Return before his promotion to CIO in 2018.

Prior to joining APFC, Marcus held diverse roles ranging from investment banking with Lehman Brothers, private equity investing with PCG Capital Partners, and as an executive with LPL Financial, a private equity backed portfolio company.

Mr. Frampton holds a BA in Business-Economics with a minor in Accounting from UCLA.  In addition to serving on the Board of Directors of Managed Funds Association, Marcus is also a Director of Scientific Industries, Inc. (OTC: SCND), a leading manufacturer of laboratory equipment and developer of intellectual property and products around bioprocessing; Nyrada, Inc., a privately-held drug development company; and Twin Creeks Timber, LLC, a privately-held owner/operator of institutional quality timberland assets.

Katherine Molnar, Chief Investment Officer, Fairfax County Police Officers Retirement System

Ms. Molnar joined Fairfax County Retirement Systems in 2013 and currently serves as Chief Investment Officer of the Fairfax County Police Officers Retirement System, a $1.8 billion plan. Her responsibilities include all aspects of portfolio management and oversight, including strategic and tactical asset and risk allocation, selection and supervision of external investment managers and risk management. From 2001 until 2012, Ms. Molnar was Vice President, Senior Research Analyst at AIG Investments’ Hedge Fund Solutions Group – both in London and New York. At AIG Investments, Ms. Molnar was responsible for due diligence procedures and research including: sourcing new managers, monitoring current hedge funds, analyzing portfolio risk and performance, making new investment recommendations to an investment committee as well as hedge fund asset allocation recommendations for portfolio construction. She was additionally responsible for portfolio reviews and overall asset allocation recommendations for external client portfolios. Previously, she was Vice President, Market Research Analyst at Citigroup Investments’ Alternative Investment Strategies group. Prior investment management experience includes positions at Paribas Asset Management as well as Trevor Stewart Burton & Jacobsen. Additionally, Ms. Molnar spent one year in Warsaw, Poland launching the first retail mutual funds available to the Polish market as well as two years in Frankfurt, Germany as an intern with J.P. Morgan. Ms. Molnar received a B.S. in Business Administration/Finance from the University of North Carolina at Chapel Hill. She is a CFA charterholder.

Jae S. Yoon, Chief Investment Officer, New York Life Investment Management

Jae Yoon is the Chief Investment Officer (CIO) of New York Life Investment Management (NYLIM). He serves as the Chair of the Investment Governance Committee, responsible for the oversight of the investment performance of the strategies managed by NYLIM’s boutiques and affiliate portfolio teams. Additionally, Mr. Yoon leads the Strategic Asset Allocation & Solutions (SAS) team which oversees the portfolio management of MainStay and third-party multi asset strategies, and asset allocation services and economic analysis for New York Life. Previously, he was responsible for investment risk and strategy efforts at NYLIM’s investment affiliate MacKay Shields.

Prior to joining NYLIM, Mr. Yoon was Head of Quantitative Research, Analytics, and Risk Management globally at Western Asset Management. Previously, he was with Merrill Lynch Investment Managers where he served as the Head of Risk and Performance for the Pacific and European Regions in Tokyo and London, respectively. Mr. Yoon also worked at JP Morgan Securities in Asia as regional head of Risk Management Control for Fixed Income and Equity Derivative Trading.

Mr. Yoon is a CFA® charterholder and holds a FINRA Series 3 and 7 registrations.
Education

Mr. Yoon earned a BS in Electrical Engineering and a Masters in Operations Research at Cornell University.

Moderated By:

Garry Collins, Managing Director, Head of Americas Capital Strategy, Bank of America

Garry Collins is Head of Capital Strategy in the Americas for Bank of America Securities. Prior to joining BofA, Collins was a Managing Director at Credit Suisse overseeing Capital Services and Consulting within the Global Markets Division.

Previously, Collins was a Managing Director at Asset Alliance Corporation. As a member of the firm’s management team, Collins’ responsibilities included managing the firm’s global marketing effort, strategic planning and relationships, affiliate business development and relations, and product development.

Prior to joining Asset Alliance, Collins worked as a consultant for Cadwalader, Wickersham and Taft in New York beginning in 1995.

12:10pm – 12:55pm

Breakouts

Investor Meeting Room 1: New Emerging Market Opportunities in Light of COVID-19

Alison Romano, Deputy Chief Investment Officer, State Board of Administration of Florida

Alison Romano currently serves as Deputy Chief Investment Officer at the Florida State Board of Administration (SBA).  In that role she provides strategic leadership and oversight of the SBA’s internal and external investment portfolios, collaborates with senior staff to identify and manage risk, and supports the development and implementation of investment policies and the strategic plan. Previously, Ms. Romano was Senior Investment Officer, Global Equity, responsible for directing the investment of over $85 billion in active and passive strategies across all regions of the globe.  She led the asset class team in the management of internal funds and the selection of external equity and currency strategies.  Preceding that role, she served as Senior Portfolio Manager within Global Equity, providing broad oversight of active managers and identifying new investment strategies. Prior to joining the SBA, Ms. Romano held various positions at Goldman, Sachs & Co., last as Vice President in Investment Banking.  In this role she advised healthcare companies on mergers and acquisitions, financings and strategic alternatives.  Ms. Romano graduated summa cum laude with a BSE in Bioengineering from the University of Pennsylvania and a BSEcon from The Wharton School.

Julien Borel, Director- Equity Client Solutions & Investable Indices, Bank of America

Julien Borel is a Director in the Structured Equity Solutions team for Pensions, Endowments, and Foundations in the Americas. Julien specializes in systematic solutions accessible through proprietary investable indices.

Investor Meeting Room 2: How to Best Play the Current Credit Cycle: Direct Lending or Distressed? 

Maria Tarhanidis, Managing Director, Head of Alternative Investments, Brighthouse Financial

Nick Clapham, Senior Vice President, Head of North American Alternatives Sector, State Street

Nick is a Senior Vice President and the Head of State Street’s North American Alternatives Sector. Nick relocated from London where he previously covered EMEA to drive the development of State Street’s Alternatives business throughout North America, delivering client centric solutions to the management teams of Alternatives Managers. Nick also serves on various leadership, client and strategy committees across the firm.

Nick started his career at Lloyds Bank in London where he spent six years, moving  from back office operational roles into the front office, performing trading and risk management functions on the Sterling desk. Prior to joining State Street in 2009, Nick worked for Imagine Software, a trading and risk management Technology Company launching their European office and more recently GlobeOp Financial Services.

Investor Meeting Room 3:  New Dynamics in Co-investing

Bill Li, Senior Investment Officer, Director, Portfolio Completion Strategies, Massachusetts Pension Reserves Investment Management Board

Bill Li is a Senior Investment Officer and Director of Portfolio Completion Strategies at MassPRIM, the USD 70 billion Massachusetts public pension plan. At MassPRIM, he is responsible for Portfolio Completion Strategies investing and oversees approximately $9 billion in investments. Prior to this, he was a senior quantitative researcher at Costar Portfolio Strategy in Boston and a portfolio analyst at Allianz in Frankfurt, Germany. Bill is also a Qualified Futures and Options Practitioner in China. Bill graduated from Brandeis University with a master’s Degree in Economics and Finance and holds the CFA charter and the CAIA charter.

 

 

Christian A. Tosi, Managing Director , Global Banking & Markets, Bank of America

Christian A. Tosi is a Managing Director at the Bank of America Securities Prime Brokerage Division. Christian has oversight for all financing sales, prime brokerage and capital strategies as well as advisory related activities in the Boston area. Prior to joining Bank of America Securities, Christian was a Vice President in charge of business development and investor relations for North Bay Capital Management. North Bay was an equity long short hedge fund affiliated with Thomas H. Lee Partners. Previously Christian was with Goldman Sachs & Co. in both New York and London. He spent over 12 years in the Securities Division covering and managing hedge fund relationships. Before moving to the sell side Christian was employed with Investors Bank & Trust in Boston. Christian was a member of the IBT’s treasury group.

Christian earned a B.A. in political science and economics from Colby College. Christian lives in Wellesley, Massachusetts with his wife Kimberly and their two children, Carmen and Owen. He is a trustee for FamilyAid Boston, a homeless advocacy group. Christian is also an overseer for the Boys and Girls Clubs of Boston, a member of the Overseers Leadership Council and an active mentor for Summer Search. He is also a member of the St. Sebastian’s Country Day School alumni board.

Investor Meeting Room 4: Alternative Investments in a Changing Market Environment 

Tim Sweeney, Senior Investment Analyst, Absolute Return Strategies, Texas Municipal Retirement System

Timothy Sweeney joined Texas Municipal Retirement System (TMRS) in September as a Senior Investment Analyst on their Absolute Return Team in Austin, TX.  Most recently he headed both European Equity and Global Macro Trading at Balyasny Asset Management in London.  He joined the firm in 2009 and also held cross-asset trading roles in Chicago and New York.  Timothy began his career at Lehman Brothers in 2004 where he worked in emerging market fixed income sales.  He graduated with a Bachelor’s in Finance from the University of Connecticut.

Jennifer S. Tribush, State Street Global Head of Product -Alternatives, State Street

Jennifer Tribush is a Senior Vice President and the Global Head of Product for the Alternatives Segment. Ms. Tribush is responsible for developing the product strategy as well as supporting the management of our relationships throughout the industry.  Her near term product development priorities include  advancing  the Alternatives data strategy, replatforming our hedge fund business and to capture the  growth in  private  markets. In her previous role, she was the NA Head of Alternatives Sector Solutions and was a Relationship Manager for the firm’s premier hedge fund and private equity clients.  Prior to moving to State Street Corporation in 2005, Ms. Tribush was a Vice President at Brown Brothers Harriman & Co. (BBH) serving as a Global Relationship and Sales Manager for Investor Services.  During her eight years at BBH, Ms. Tribush also managed the custody operations for some of the firm’s largest and most complex client relationships.

Ms. Tribush began her career at PricewaterhouseCoopers in their International Financial Advisory Services, specializing in expatriate tax and compensation equalization.

Ms. Tribush received a Bachelor of Arts in Economics and Spanish from Villanova University and an MBA with a concentration in finance from Babson College.  She holds the Chartered Alternative Investment Analyst (CAIA) designation and the Series 7 & 63 securities designations. Ms. Tribush serves on CAIA’s Boston board and the executive board of BUILDBoston, whose mission is to use entrepreneurship to ignite the potential of youth from under-resourced communities and propel them to high school, college and career success.