A structural shift is happening in how institutional investors approach hedge funds. Technology plays an increasingly important role in hedged strategies, and institutions are looking to newer, hungrier managers for long-term partnership. Panelists include: Jonathan Hook, chief investment officer, Harry and Janet Weinberg Foundation; Pamela Campbell, managing director of hedged strategies, Washington University in St. Louis; Dan Parker, deputy chief investment officer, Texas Tech University. Elaine Orr moderated.
Hear how a group of foundation and endowment investment professionals structure their hedge fund portfolios, how they educate their boards of the importance of hedge funds and their thoughts on hedge fund fee structures.
China's growing middle class, shifting demographics and the rise of technology-driven consumerism has made the country ripe for investment. At the same time, China's economy is slowing and could see a pullback. Here's how institutional investors are positioning themselves in this unique market. Panelists include: Janet Devinney, investment director, Kamehameha Schools; Alan Chang, partner and managing director, Capricorn Investment Partners; Jon Nieman, head of private equity, Saudi Aramco; and Seungha Ku, head of offshore private equity, CreditEase. This panel was moderated by Melissa Guzy, managing partner at Arbor ventures and took place on June 14, 2017 at Trusted Insight’s inaugural Alpha Conference.
Emerging markets take a sizable chunk of institutional capital from developed countries. But as domestic private equity has been providing steady returns, is the risk of going into emerging markets still worthwhile? While some warn that investors should be careful betting on emerging markets, others argue investors need a little patience and a "buy-and-build" approach. In part three of Trusted Insight's private equity panel, investors discuss their experience and observations on emerging market investing. The panelists also answered questions from the audience.
Private equity was the best performing asset class in 2016, while the standard 2-and-20 fee structure has come under fire. LPs are comfortable paying top dollar for long-term partnerships with top-quartile performers, but should the same structure be applied to every manager? If not, which fee models are taking its place? Investors from top-tier institutions share their thoughts on the matter. Panelists include Dale Hunt, managing director at Ascension Investment Management; John Heneghan, investor at Equity Group Investment, a single-family office; Tristram Perkins, managing director of Neuberger Berman; and Josh Stern, director at Robert Wood Johnson Foundation. The panel was taped during Trusted Insight’s Alpha Conference in San Francisco on Jun. 14, 2017.
While Chinese investors have bought real estate and other hard assets in the United States, Europe and Australia at unprecedented rates, a small cohort of players dominate the Chinese venture capital markets. Is there room for other players in markets dominated by Alibaba, Baidu, Tencent and JD? An esteemed group of institutional investors offer their take.
Private equity was the best performing asset class in 2016, which has led to and been fueled by massive inflows of institutional capital. As the industry bifurcates into mega funds and niche shops, will high returns become increasingly scarce? In this panel, top investors from a wide range of institutions discuss the reasons behind these inevitable trends and where to find a competitive edge. Panelists include Dale Hunt, managing director at Ascension Investment Management; John Heneghan, investor at Equity Group Investment, a single-family office; Tristram Perkins, managing director of Neuberger Berman; and Josh Stern, director at Robert Wood Johnson Foundation. The panel was taped during Trusted Insight's Alpha Conference in San Francisco on Jun. 14, 2017.
Mark Canavan joined New Mexico Educational Retirement Board in Mark Canavan joined New Mexico Educational Retirement Board in December 2007 to lead the pension plan’s real estate portfolio. Seeing the onset of a financial crisis, Canavan instead made his first allocation in infrastructure, which saved the plan from deadly losses during the 2008 Financial Crisis. Since then, he has built out the real assets portfolio for NMERB with diversified exposure in various assets. In this presentation, Canavan discusses opportunities within these sub-categories — energy, timber and agriculture, and mitigation banking.<br /> <br /> Canavan spoke at Trusted Insight’s Alpha Conference in San Francisco on Jun. 14, 2017. <a href="https://www.youtube.com/channel/UCcpTHXv2cwIJShtph__j-zQ">Click here</a> to see more videos of Trusted Insight.
Emerging markets bear high growth potential for institutional investors while having their country-specific restraints, such as poor infrastructure, regulatory barriers and so on. In this panel, two venture capitalists from India and Brazil, and a Middle East family office investor identify areas of growth in markets they specialize in and the parameters they use to evaluate these sectors.<br /> <br /> The panel was taped during Trusted Insight Alpha Conference on Jun. 14, 2017 in San Francisco. <a href="https://www.youtube.com/channel/UCcpTHXv2cwIJShtph__j-zQ">Click here</a> to see more videos of Trusted Insight.
Tom Masthay is the director of real assets at Texas Municipal Retirement System. He led approximately $1 billion in real estate investment in 2016 for Texas MRS. In this presentation, Masthay navigated the real estate industry through charts and numbers, and explains why “cool investments don’t often get compensated.” He also identified a number of emerging real estate trends that are potentially profitable for institutional investors. The presentation was taped during Trusted Insight Alpha Conference on Jun. 14, 2017 in San Francisco.