Agenda
Agenda
2024 SEM Consortium Agenda
Tuesday, October 22, 2024
3:30pm - 5:00pm
VIP Connect returns to create an intersection where LPs, consultants, and small, emerging, and diverse managers meet in an intimate setting. During these one-on-one meetings, institutional investors and their advisors discuss with GPs their investment programs, focus, considerations, and processes. This year’s session will feature a curated approach to the matching process, for an extra-tailored experience.
Note: these introductory meetings are for information exchange only. We encourage managers to not “sell” during this time.
5:00pm - 6:30pm
GCM Grosvenor welcomes women from across the industry to connect with one another at the 9th Annual Women’s Networking Session.
Wednesday, October 23, 2024
8:00am - 9:30am
VIP Connect returns to create an intersection where LPs, consultants, and small, emerging, and diverse managers meet in an intimate setting. During these one-on-one meetings, institutional investors and their advisors discuss with GPs their investment programs, focus, considerations, and processes. This year’s session will feature a curated approach to the matching process, for an extra-tailored experience.
Note: these introductory meetings are for information exchange only. We encourage managers to not “sell” during this time.
9:45am - 10:30am
Welcome Remarks + Market Overview
10:50am - 11:35am
There’s no wrong way to eat a Reese’s (or invest with an emerging manager)
In this session, we’ll dive into how funding sources for emerging managers are evolving, especially in today’s more challenging fundraising climate. We’ll discuss some different ways managers are funding their deals — from one-off transactions to programmatic strategies, as well as the traditional fund route. We’ll share examples of how some groups have used these approaches to establish their firms and grow them over time. If you’re an emerging manager looking to figure out your next move in fund formation and deal financing, this session will offer some practical insights.
Moderator
Lee Brashear
Managing Director, GCM Grosvenor
Panelists
Evan Affinito
Senior Investment Officer, South Carolina Retirement System Investment Commission
Chad Strader
Co-Founder, Co-Chief Executive Officer, and Managing Partner, Red Arts Capital
Adam Waglay
Co-Founder and Co-Chief Executive Officer, Butterfly
Artificial Intelligence: Implications and Opportunities
A panel of expert hedge fund managers will discuss various ways in which to invest in AI outside of well-trodden technology names. They will delve into the anticipated phases of the AI revolution and explore AI derivative plays across sectors. Panelists will additionally discuss how AI is changing the ecosystem within Absolute Return Strategies, and how it can be utilized to help support operations, generate investment ideas, manage risk, and more.
Moderator
Katherine Joyce
Principal, GCM Grosvenor
Panelists
Rami Abdel-Misih
Founder and Chief Investment Officer, Mane Global Capital Management LP
Chris Golden
Founder and Chief Investment Officer, Kinetic Partners
Erika Klauer
Founder, Chief Executive Officer, Chief Investment Officer, Science & Technology Partners, L.P
A “Common-Sense” Approach to DEI Moderator Chief Human Resources Officer, GCM Grosvenor Speaker Chief Communications Officer, Ariel Investments
In today’s evolving corporate landscape, Diversity, Equity, and Inclusion (DEI) have become more than just buzzwords—they are critical components of a successful, forward-thinking organization. However, the challenge often lies in moving beyond theoretical concepts to practical implementation, amid growing scrutiny and backlash against DEI efforts. This fireside chat, A “Common-Sense” Approach to DEI, will be an engaging and candid conversation on pragmatic strategies for embedding DEI into organizations, including key board and supplier diversity considerations, while addressing the current resistance to DEI initiatives.
Sandee Hurse
Arielle Patrick
11:55am - 12:40pm
GP Solutions: Empowering Asset Management Firms for Growth and Succession
This panel will delve into the ever-evolving landscape of GP solutions. Join us for an insightful discussion on the evolving landscape of equity and debt financing options that support firm founders throughout the firm’s lifecycle, focusing on GP seeding, GP staking, preferred equity and NAV lending. This session will bring together industry experts to explore the latest trends, challenges, and opportunities in these critical areas. We will discuss how these strategies can fuel growth of asset management firms at each stage in the lifecycle of a GP.
Moderator Managing Director, Ardea Partners Panelists Managing Director, Hunter Point Capital Director of Investments, Saint Paul & Minnesota Foundation Founder, Chairman, and Chief Investment Officer, CAZ Investments
Shohana Jannat
Alvin Butler
Ashley Gam
Christopher Zook
Beyond the Boom: The Future of Private Credit
Hear from a panel of industry experts who will share their insights on the dynamic growth of private credit. Panelists will delve into the current forces driving its expansion and offer their perspectives on where they believe private credit is headed over the next several years. Whether you’re an investor, fund manager, or market observer, we believe this session will provide valuable perspectives on the opportunities and risks shaping the future of private credit.
Moderator Executive Director, GCM Grosvenor Panelists Portfolio Manager, Opportunistic Credit, Blue Owl Capital Chief Executive Officer, Kah Capital Management Managing Director and Portfolio Manager, Asset-Backed Finance, TCW
Kyle Brennan
Nicole Drapkin
Adama Kah
Dylan Ross
The Rise of Alternative Sources of Capital: Increased Appetite for Alternatives and Emerging Managers
Join us for an insightful discussion on the evolving landscape of capital raising, with a focus on the rise of disparate sources of capital, including family offices and RIAs. In recent years, alternative sources of capital have transformed into pivotal players in the alternative investment industry, as their quest for alpha has led them to explore niche opportunities within the emerging manager space. We will examine how this latest trend is likely to impact the investment management ecosystem, including potential downstream effects on risk tolerance, investment theses, and scale.
Presenter
Peter Braffman
Managing Director, GCM Grosvenor
Moderator
Ermias Nessibu
Principal, GCM Grosvenor
Speakers
Adrian Bejarano
Co-Founder and Managing Partner, OlivePoint Capital
Deborah La Franchi
Founder and Chief Executive Officer, SDS Capital Group
Marci G. Loeber
Managing Principal, Griffith Properties
12:45pm - 2:00pm
Networking Lunch & Keynote Speaker
We are pleased to welcome Trevor Noah as the Keynote Speaker at this year’s conference. He will continue the SEM tradition of featuring distinguished individuals who share stories about their roads to success.
Speaker
Trevor Noah
Emmy Award-Winning Comedian & Bestselling Author Known for Hosting The Daily Show
2:15pm - 3:45pm
For the tenth straight year, the LP intensive kicks off with an SEM Conference classic – a data-filled, in-depth presentation on the trends and activities in the emerging and diverse manager universe. Followed by intimate peer-to-peer working groups. These roundtables provide structured opportunities for open dialogue on the important topics raised throughout the session.
State of the Emerging Manager Universe
Presented By
Peter Braffman
Managing Director, GCM Grosvenor
2:15pm - 3:45pm
GP Bootcamp sessions will be separated by asset class: Private Equity and Venture Capital; Real Estate and Infrastructure; and Absolute Return Strategies.
The GP Bootcamp comes back to its roots with the iconic Coaching Sessions, facilitated by LPs, GPs, and consultants. The session will focus on topics that best serve the small, emerging and diverse managers who are looking to successfully launch and fundraise during these challenging times.
4:00pm - 4:30pm
David Richter, GCM Grosvenor’s Absolute Return Strategies Investment Committee Chair, hosts his annual one-on-one discussion with a prominent hedge fund manager, who will share views on the current macroeconomic environment, the U.S. election, and potential impacts on markets and sectors.
Moderator
David Richter
Managing Director, GCM Grosvenor
Speaker
Sophia Drossos
Economist and Strategist, Point72
5:00pm - 6:30pm
Invite Only Reception
6:00pm - 9:00pm
SEM Consortium 2024 Reception
Thursday, October 24, 2024
8:30am - 9:30am
LP Only Breakfast
8:30am - 9:30am
General Breakfast
9:30am - 10:00am
Day 2 Kick-Off
10:15am - 11:45am
VIP Connect returns to create an intersection where LPs, consultants, and small, emerging, and diverse managers meet in an intimate setting. During these one-on-one meetings, institutional investors and their advisors discuss with GPs their investment programs, focus, considerations, and processes. This year’s session will feature a curated approach to the matching process, for an extra-tailored experience.
Note: these introductory meetings are for information exchange only. We encourage managers to not “sell” during this time.
10:15am - 11:00am
Investors in Action
In a unique interview-style format, institutional investors discuss how they are structuring their portfolios to mitigate challenges presented by a difficult market environment. Investors will address the steps they are taking to meet their objectives, where they continue to see opportunity across the alternatives landscape while highlighting the role small, emerging, and diverse managers can play to help them do so in 2024 and beyond.
Moderator
Jon Levin
President, GCM Grosvenor
Speaker
Shoaib Khan
Director & Chief Investment Officer at New Jersey Division of Investment
Growth: The Future of Private Equity Diverse Manager Investing
This session will reflect on the 100+ commitments to diverse private equity managers made by GCM Grosvenor over the past 20 years and the impact this has had on the broader marketplace. Industry leading speakers will discuss how the next 100 GPs will play a pivotal role in the continued growth of the industry while navigating the complexities of the global market, embracing technological advancements, and continuing to foster a more diverse and equitable investment landscape.
Speakers
Jessica Holsey
Managing Director, GCM Grosvenor
Derek Jones
Vice Chairman, GCM Grosvenor
Moderator
Stephen Cammock
Managing Director, GCM Grosvenor
Panelists
Renata Aráuz-DeStefano
Investor, Pivotal Ventures
Ray Joseph
Chief Investment Officer, Axxes Capital
Jefferson Stone
Managing Principal, Barrel Rate Capital
Climate / Energy Transition Investing as A Multi-Asset Class Opportunity
A discussion exploring the growth of differentiated climate investing/energy transition investing strategies across alternative asset classes featuring three small and emerging, leading GPs across infrastructure, private equity and private credit.
Moderator
Jonathan Hirschtritt
Managing Director, GCM Grosvenor
Speaker
David Hong
Principal, GEF Capital
Nick Franchot
Partner, GoodFinch
Chris Moakley
Co-Founder & Managing Partner, Excelsior Energy Capital
11:20am - 12:05pm
Investors in Action
In a unique interview-style format, institutional investors discuss how they are structuring their portfolios to mitigate challenges presented by a difficult market environment. Investors will address the steps they are taking to meet their objectives, where they continue to see opportunity across the alternatives landscape while highlighting the role small, emerging, and diverse managers can play to help them do so in 2024 and beyond.
Moderator
Fred Pollock
Chief Investment Officer, GCM Grosvenor
Speaker
Andrew Palmer
Chief Investment Officer, Maryland State Retirement and Pension System
Private Credit Matures – Emergence of Co-Investments and Secondaries
Private credit is rapidly evolving into a more mature asset class, and this session’s goal is to provide a comprehensive overview of its maturation. We’ll explore emerging trends in co-investments and secondary markets, focusing on how these developments may benefit both General Partners (GPs) and Limited Partners (LPs). With the secondary market growing alongside private credit’s maturation, LPs can now access liquidity in traditionally illiquid assets, while co-investments may offer opportunities for enhanced capital deployment, fee reductions, and more strategic partnerships. These strategies are crucial for building stronger, stickier relationships and providing new avenues for growth.
To stay competitive, both GPs and LPs, in our view, must embrace these changes and prepare to take active roles in these evolving areas. GPs need to be proactive in addressing LPs’ needs, offering tailored solutions that align with their goals, while LPs must be ready to engage more deeply in co-investments and secondary markets. This session looks to discuss both of these ideals in both an interactive workshop style as well as through the lens of GPs and LPs active in the market.
Speakers
Brandon Cahill
Managing Director, GCM Grosvenor
Michael Kirchner
Managing Director, GCM Grosvenor
Ravi Mehta
Managing Director, GCM Grosvenor
Working Group Leaders
Spencer Ingle
Director, KKR
Mark Villaneuva
Managing Director, Apollo
Henry Wang
Partner, Credit BC Partners
Working Group Leaders
Spencer Ingle
Director, KKR
Mark Villanueva
Managing Director, Apollo
Henry Wang
Partner, Credit BC Partners
Practical AI Applications Across the Alternatives Industry
Join Alternative Investment technology solution providers and industry experts as we discuss how Artificial Intelligence is changing the way LPs and GPs operate today. We will also discuss how we see these emerging technologies enabling new capabilities in the next two years.
Hear from existing solution providers on how they have harnessed AI to redefine how due diligence is performed or how legal documents are created and managed. Hear from a market leader in AI-enabled alternative investment document extraction and how they are changing the way GP’s and LP’s exchange information and put that data to work. Finally, hear from technology leaders across leading GPs as they discuss how they put these and other emerging technologies to use.
Moderator
Eric Levin
Chief Technology Officer, GCM Grosvenor
Panelists
Charlotte Bradley
Vice President of Product, Ontra
Ed Brandman
Founder and Chief Executive Officer, DiligentIQ
Emilia Sherifova
Chief Executive Officer, Spectre LLC
12:15pm - 1:30pm
From Seed to Success: The Journey of GP Seeding
Fireside chat with GCM Grosvenor visionary GPs leading GCM seeded investment firms. The GPs will dive into the genesis of their journey, discuss the pivotal reasons behind their pursuit of an anchor investor/GP seed partner and share candid stories of the hurdles faced, the strategies that triumphed, and the wisdom gleaned from their entrepreneurial voyage.
Potential Panelists
Moderator
Elizabeth Browne
Managing Director, GCM Grosvenor
Speakers
Tony Miller
Founder and Managing Partner, Excolere Equity Partners
Jo Natauri
Founder and Managing Partner, Invidia Capital Management
Eric Samek
Founder and Managing Director, Brasa Capital Management
1:30pm - 1:45pm
Closing Remarks
1:45pm - 3:00pm
Closing Dessert Reception
Top Tier Content
Leadership Council
The Leadership Council helps to shape the event’s agenda and move the program forward.
