Investment Management Institute

Co-Host

11TH ANNUAL ALTERNATIVE INVESTMENT

CONSULTANTS SUMMIT

July 20, 2017 – The Stamford Marriott Hotel & Spa

243 Tresser Boulevard, Stamford, CT Hear from institutional investors, consultants and family offices on developing new business opportunities, plus getting into searches. Learn the keys to building relationships and trust to gain the edge on other managers.

CONFIRMED ROSTER OF SPEAKERS

Aon Hewitt CapTrust Financial Advisors Wildlife Conservation Society Newport Capital Advisers Manager Analysis Services Dahab Associates Global Risk Management Smart Consulting, LLC Disciplina Advisors

Media Sponsors

Pension Consulting Alliance Cliffwater, LLC Collins Capital, Inc. Galaxy Family Resources Willis Towers Watson Hedge Fund Association Kamp Consulting Solutions, LLC Mesa Investment Consulting

Koch Industries Federated Retirement System for the City San Jose Culinary Institute of America Wilshire Associates UN Consulting Mercer Iona College Investment Performance Services American Water Co. Manhattan Ridge Advisors RSM US Wealth Management United Church Funds Sandpointe, LLC

“Sponsors of CFA Institute CE

credits: 7 CE”

“Sponsors of CFA Institute CE credits 7 CE”

Investment Management Institute

11th Annual Alternative Investment Consultants Summit

Thursday, July 20, 2017 – The Stamford Marriott Hotel & Spa

8:00 AM REGISTRATION OPENS WITH CONTINENTAL BREAKFAST

8:15 AM Welcome Remarks Mitch Ackles President HEDGE FUND ASSOCIATION

Opening Remarks WHY ALTERNATIVES ARE EXPANDING WITH INSTITUTION Russ Mason President INVESTMENT MANAGEMENT INSTITUTE 8:30 AM THE NEW SALES CYCLE FOR WINNING INVESTORS OVER TO ALTERNATIVES With so many managers reaching out to alternative consultants it is critical you employ tactics and techniques which gain the attentions and review from consultants. Historically consultants have relied on their research teams and approved lists. But these methods are undergoing some significant changes. Today, managers need to be familiar with consultant priorities from transparency to risk management skills in building trust with consultants. Competition among managers for reaching consultants has never been more challenging. Learn from seasoned consultants how you can effectively shorten the sales cycle by gaining their awareness and acceptance.

Speakers: David Sancewich Principal PENSION CONSULTING ALLIANCE, LLC David A. Russell, CFA Senior Investment Strategist, Senior Consultant INVESTMENT PERFORMANCE SERVICES, LLC Ramon Gonzalez, CFA Vice President WILSHIRE ASSOCIATES

9:15 AM DIFFERENTIATING HEDGE FUNDS WITH CONSULTANTS With more than 8,000 hedge funds competing for the attention of consultants it is critical they convey a story which offers uniqueness. Hedge fund strategies need to demonstrate results that the investor is comfortable with which and transparent. In this uncertain investment climate many consultants are focusing on diversifying investor portfolios more into alternatives, as they search for alpha. Hear from consultants how they are seeking hedge fund managers who are skillful in managing risk and yet building absolute returns. Lear how your hedge fund can successfully succeed through sophisticated sales and marketing strategies for getting into searches. Speakers: Jim Neill, CFA Director WILLIS TOWERS WATSON Andy Parrillo Founder & President NEWPORT CAPITAL ADVISERS LLC Dorothy Weaver Chairman COLLINS CAPITAL

10:00 AM - MORNING RECEPTION

10:15 AM RISK –BASED ASSET MANAGEMENT STRATEGIES FOR MAXIMIZING PERFORMANCE Hear from leading consultants and investment executives about the numerous investment strategies available to investors thinking. Learn about the new standards including institutional risk controls. How will judgement and experience trump quantitative modeling? In this slow growth economy more data is necessary on performance, risk analytics and management practices. Hear how managers should be managing economic risk, interest rate risk, global risk, geo-political risk and volatility risk in assuring investors their assets are receiving the necessary management and portfolio monitoring to avoid unnecessary risk. Speakers: Samuel K. Won Founder and Managing Director GLOBAL RISK MANAGEMENT ADVISORS, INC Brett Ginter Principal SMART CONSULTING, LLC Ernest Liebre Senior Vice President CAPTRUST FINANCIAL ADVISORS

11:00 AM MANAGING AND ENHANCING CONSULTANTS MEETING Consultants are shortening their manager meetings. This reality is a result of increasing client demands on their time. Now we are also witnessing fewer manager meetings. Managers need to understand consultant priorities and the investor clients they serve. Meetings can then enable the consultant to hear about new investment ideas and strategies which can build bonds and manager credibility. In these turbulent times consultants are challenged to finding solutions to their clients growing needs. Hear from these distinguished consultants how your meeting can be productive especially in building consultant relationships while demonstrating your firm’s management strengths.

Speakers: Chris Solarz, CFA Managing Director CLIFFWATER LLC

Russ Kamp Managing Partner KAMP CONSULTING SOLUTIONS, LLC Alex Hammond Managing Director SANDPOINTE, LLC

11:45 AM HOW INSTITUTIONAL INVESTORS ARE DIVERSIFYING THEIR PORTFOLIOS INTO ALTERNATIVES Over the last few years many institutional investors have come to the conclusion that traditional investments will most likely not allow them to meet their performance goals and that diversification into alternative will provide greater opportunities. This attitude is further enhanced by a low interest rate environment which shows no indication of changing. To accommodate investors, many alternative managers have been developing strategies and products which will help investors preserve and build their portfolios. Learn from these investors what makes for a winning investment manager. Speakers: John Daly Board Treasurer and Chairman CULINARY INSTITUTE OF AMERICA Sean P. Cover Director of Treasury and Investment Operations WILDLIFE CONSERVATION SOCIETY Donald G. Hart President UNITED CHURCH FUNDS 12:30 – 1:30 PM LUNCHEON WITH SPEAKERS & ATTENDEES

1:30 PM WHY PRIVATE EQUITY, COMMODITIES AND OTHER ALTERNATIVE OPPORTUNITIES ARE GAINING INVESTOR MOMENTUM With institutions disappointed with the performance of their portfolios in 2016 many are seeking to diversify into markets which have been growing, especially private equity. While the fees and lockups might deter some institutions many are willing to ignore the costs if they can see significant return opportunities. From credit to buy-out funds institutions are expanding their investment horizons. Hear from this distinguished panel why private equity is seeing increased institutional allocations even with long lock-ups.

Speakers: Reid Smith Principal MERCER

Jeffry Haber, PhD, CPA Professor & Chair IONA COLLEGE

Andrea Malagoli Commodity Analyst KOCH INDUSTRIES 2:15 PM HOW DO INVESTORS SEARCH FOR ALTERNATIVE MANAGERS Listen to several senior institutional consultants and intermediaries re-define the old terminology, giving the alternative marketplace a much needed face-lift. We will discuss what terminology is a no-no and the documentation one must now have before any allocation can be considered. This discussion will be focused on the new asset allocation model and how fiduciaries are managing risk in the preservation of capital. Speakers: Ulf Nofelt

President UN CONSULTING Karen Chandor, CFA, CAIA Principal MERCER Marty Dirks Board Member FEDERATED RETIREMENT SYSTEM FOR THE CITY OF SAN JOSE 3:00 PM AFTERNOON RECEPTION

3:15 PM CRAFTING ALTERNATIVE PRESENTATIONS TO FAMILY OFFICES Many institutional investors are faced with funding status issues which are raising concerns about their current asset allocations. For many diversifications has become the rallying cry. For managers to stand out consultants are being enlisted to build alternative strategy awareness. In today’s slow growth economy more data is being asked for on performance, risk analytics and management. Managers have an opportunity to convey this information to help investors understand how a hedge fund invests. These distinguished speakers will clarify and discuss the best practices for enhancing the manager’s presentation skills including prioritizing what are the critical factors for selecting a manager. Speakers: Eric Mangold Vice President, Wealth Management MANHATTAN RIDGE ADVISORS Gene Miller President GALAXY FAMILY RESOURCES Thomas A. Pacilio Senior Director RSM US WEALTH MANAGEMENT LLC

4:00 PM THE ROLE OF ALTERNATIVE MANAGERS IN OCIO (Outsourcing) IMI surveys indicate OCIO is growing with institutions seeking greater portfolio exposure thru diversification. With interest rates remaining relatively low and little inflation on the horizon, many institutions seem willing to make significant changes.. They don’t want a repeat of 2008. With OCIO already exceeding $2 trillion alternatives from hedge funds to private equity are a significant allocation. Hear from our distinguished panel the role alternatives are playing with OCIO providers and why many institutions are embracing OCIO. Speakers: Heather Myers Partner, Delegated Product Solutions Lead - Non-Profit

AON HEWITT Bryan Decker Managing Director MESA INVESTMENT CONSULTING Alena Kuprevich Managing Partner DISCIPLINA ADVISORS

4:30 PM GAINING THE EDGE THROUGH RELATIONSHIP MARKETING IN AN OVER CROWDED MARKET The competition among hedge funds for investor assets continues to accelerate at an exponential rate. Consultants can be a great resource in maximizing your firm’s success especially in a review environment where the selection process has clearly undergone change. Unfortunately, few consultants have the time or staff to review all the managers. Today it’s all about building awareness and relationships, differentiation of your investment skills and knowing the marketing formula for success. That’s why consultants can often be the difference in winning new clients. Learn from consultants how you can position your firm as unique and special and make a difference to their clients. Speakers: Chris Cutler, CFA Managing Director, Senior Consultant MANAGER ANALYSIS SERVICES, LLC

Tom Donegan, CIPM Managing Director, Principal DAHAB ASSOCIATES

5:00 PM MEETING THE ALTERNATIVE INVESTMENT CHALLENGES WITH CONSULTANTS Investors are encouraged with the opportunities in alternatives. How far are they willing to go in diversifying? What role does liquidity play in determining the most suitable alternatives? How are due diligence, fees, lock-ups changing investment allocations? Consultant polls indicate investors believe alternatives will be important in restoring much of underperformance assets. What can managers do to restore trust in their firms and products? Could we be entering an investment environment where alternatives will surpass traditional equity and fixed income allocations? Speakers: Peggy Fynn, CFA Plan Investment Executive AMERICAN WATER CO. Bruce Graham, CFA Vice President CAPTRUST FINANCIAL ADVISORS

Todor Todorov, CFA Senior Investment Consultant - Hedge Fund Research WILLIS TOWERS WATSON 5:30 PM - NETWORK RECEPTION

Investment Management Institute

Presents

11th Annual

Alternative Investment

Consultants Summit

July 20, 2017* The Stamford Hilton Hotel, Stamford, CT

Return Registration form (entire page) to Investment Management Institute 165 W. Putnam Avenue, Greenwich, CT 06830 by mail or fax (see below)

Regular Registration: $1995 Multiple registrations at 10% discount

Pension Funds Registration Fee: $350 Endowments/Foundations Registration Fee: $350

20% discount for CFANY members: $1595

Name (1)_____________________________________________Title:___________________________________________ Firm:___________________________________________________________________________________________________ Address:_______________________________________________________________________________________________ City:__________________________________________________State:______________Zip:__________________________ Phone:_________________________________________________Fax:____________________________________________ Email:__________________________________________________________________________________________________

Name (2)_____________________________________________Title:___________________________________________ Firm:___________________________________________________________________________________________________ Address:_______________________________________________________________________________________________ City:__________________________________________________State:______________Zip:__________________________ Phone:_________________________________________________Fax:____________________________________________ Email:__________________________________________________________________________________________________ For additional registrations please make a copy of this form and fax to 203-622-5950 or Call IMI at 203-622-5851, to register by phone. Make all check payable to Investment Management Institute – 165 W. Putnam Avenue, Greenwich, CT 06830

Yes! Register me for the 11th Annual Alternative Investment Consultants Summit

Please charge my credit card: Visa Master Card Amex Paypal Name on Credit Card:______________________________________________________________ Credit Card#_____________________________________________________________________ Exp. Date:______________________ Security Code:_________________________ (If you already registered for this event please disregard this email. If you wish to be remove from our database list. Please type in the subject box ”Remove” send a reply to lsmith@iminy.com

ADMINISTRATIVE DETAILS Location: The Stamford Hilton Hotel

1 First Stamford Place

Stamford, CT 06902

Tel: 203-967-2222

Payment: $1995

Registration fee includes: luncheons,

receptions and conference materials.

Make Checks Payable to: Investment

Management Institute. Please take

10% off all additional registrations (1st

full fee)

Make Registration By: Fax: 203-622-5950 or 203-622-0457

Phone: 203-622-5851- Email to:

lsmith@iminy.com; mprice@imi-

ct.com or msmith@imi-ct.com

Special Hotel Discount: Contact

Laura Smith at 203-622-5851

Fees & Cancellation Policy: Full registration due in advance with

registration form: Cancellation must

be made in writing prior to January

10th enabling you to receive a prompt

refund minus $395 Administrative

Fee. Substitutions may be made up to

24 hour in advance of the conference.

IMI is not responsible for airline, hotel

or other costs incurred in relations to

this conference.