SEM Conference » Event Schedule

Event Schedule

Private Equity

The conference’s Private Equity Track is coordinated by GCM Grosvenor’s Private Equity Investments Team, who manage programs that invest in leveraged buyout, growth and venture capital, distressed debt and mezzanine debt strategies.

This year, the track explores topics including fundraising strategies, managing maturing funds, securing funding from institutional investors, and how the performance of emerging managers stacks up in LPs’ portfolios.

TUESDAY, NOVEMBER 7

Women’s Networking Tea

12:00 P.M. – 1:00 P.M.
Gold Room

LP Only Session

3:30 P.M. – 4:45 P.M.
Terzo Piano Restaurant – Art Institute of Chicago’s Modern Wing

Emerging Manager Guidebook
This session explores the breadth and depth of the emerging manager landscape across four alternative asset types: private equity, hedge funds, real estate and infrastructure. Using data derived from multiple sources, including meetings with many thousands of fund managers over the past decade, the presentation addresses topics such as how many emerging funds exist, what strategies they pursue, where they come from, and how they are (or not) raising capital. To provide context to the data, we give an overview of the broader alternatives universe and how emerging managers fit, including with respect to institutional investor allocation trends. Finally, the presentation reviews the universe of emerging manager capital and programs, and explores potential trends for the future.

Presenter: Peter Braffman, Managing Director, GCM Grosvenor

LP Only Dinner – Invite Only

5:00 P.M. – 6:15 P.M.
Terzo Piano Restaurant – Art Institute of Chicago’s Modern Wing

General Reception

6:30 P.M. – 9:30 P.M.
Art Institute of Chicago’s Modern Wing

WEDNESDAY, NOVEMBER 8

Breakfast & GCM Grosvenor Conference Kick-Off

7:30 A.M. – 8:00 A.M.
Imperial Ballroom

Panel I

8:05 A.M. – 8:50 A.M.
International Ballroom

FundMe: Innovative Approaches to Fundraising 
This session explores various non-traditional and innovative strategies GPs can use as catalysts to raise fund capital creating unique opportunities for LPs differentiating themselves in the marketplace. Discussion topics include direct separate accounts with LPs, sidecar vehicles for specific portfolio companies, co-investment warehousing, joint venture structures, contributing seeded portfolios to a new fund, and other related topics.

Moderator: Lee Brashear, Director/Partner, GCM Grosvenor
Speakers: Raheel “Raz” Zia, General Partner, Aldrich Capital Partners; Heather Faust, Partner & Managing Director, Argand Partners; Brendon Parry, Managing Director, The Investment Fund for Foundations

Break

8:50 A.M. – 9:00 A.M.

Panel II

9:00 A.M. – 9:45 A.M.
International Ballroom

Winter is Coming: Managing the End? Strategies and Opportunities for End-of-Life Funds
Fund restructurings, “stapled” secondaries, and end-of-fund amendments are increasingly common among maturing funds. This panel features GPs and LPs discussing these various scenarios, their increasing prevalence among emerging managers, and their relative impact on GPs and LPs.

Moderator: Brian Sullivan, Managing Director, GCM Grosvenor
Speakers: Gerald Cooper, Partner, Campbell Lutyens; Aaron Velli, Partner, Cooley LLP

Break

9:45 A.M. – 10:10 A.M.

Panel III

10:10 A.M. – 11:05 A.M.
International Ballroom

Real Performance vs. “Alternative Facts” : Evaluating Manager Performance in Today’s PE Market 
Join this interactive session to evaluate how manager choices on capital deployment pacing, credit facility use and legal terms impact how the funds perform and are viewed by institutional investors. Also explore how operational due diligence considerations may change investors’ views of fund performance.

Moderator: Derek Jones, Managing Director, GCM Grosvenor
Speakers: Scott Ramsower, Senior Investment Manager, Teacher Retirement System of Texas; Dana Johns, Senior Portfolio Manager, Maryland State Retirement Agency

Break

11:05 P.M. – 11:15 P.M.

Panel IV

11:15 A.M. – 12:00 P.M.
International Ballroom

Once Upon Time…: A Story About Investing with Emerging Managers
One of the distinguishing attributes of an emerging manager is the personal story they tell while building their business. At an established firm, teams recite the legacy of others. But those who are emerging into their own organization are writing their own story. In this discussion, a panel of sophisticated institutional investors, who meet with and evaluate hundreds of established and emerging managers annually, consider which emerging managers’ stories have been the most memorable and have inspired confidence beyond the analysis. What made the managers’ drive and inspiration ring true? Hear which patterns our panel has discovered make for true happy endings, rather than just wishful fairy tales.

Moderator: Aris Hatch, Managing Director, GCM Grosvenor
Speaker: Meredith Jones, Partner, Aon Hewitt Investment Consulting; Sylvia Bell, Chief Operating Officer, Managing Director Emerging Manager Program, Teacher Retirement System of Texas

Break

12:00 P.M. – 12:20 P.M.

Lunch & Keynote Speaker

12:20 P.M. – 2:00 P.M.
Imperial Ballroom

Closing Networking Reception

2:00 P.M. – 3:30 P.M.
International Ballroom Foyer

Please check back regularly for updates to this page, including panel topics and speakers. There is limited capacity for conference events and panel sessions. Registration is subject to a first-come, first-served basis.