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Gaim Usa 2012
Gaim Usa 2012
January 22-25, 2012 Boca Raton Resort & Club Boca Raton, FL
Exclusive investor Content More one-on-one Meetings no Exhibits nightly social Events
Aligned with the needs of the institutional investor, a fully reimagined hedge fund event to facilitate even more one-on-one meetings and high quality networking
MEET WITH THE MOST DISTINGUISHED LEADERS OF THE ALTERNATIVE INVESTMENT COMMUNITY, INCLUDING:
TEACHER RETIREMENT SYSTEM OF TEXAS Ronnie Jung, PA/PFS, Executive Liaison to the Board CASEY, QUIRK & ASSOCIATES John F. Casey, Chairman & Founding Partner STATE OF WISCONSIN INVESTMENT BOARD (SWIB) David C. Villa, CIO & Chairman of the Investment Committee FLORIDA STATE BOARD OF ADMINISTRATION (SBA) Ashbel C. Ash Williams, Executive Director & Chief Investment Officer NORTH CAROLINA The Honorable Janet Cowell, State Treasurer UNCF, INC. ENDOWMENT Gerald Alain P . Chen-Young, Chief Investment Officer CERN PENSION FUND Theodore Economou, Chief Executive Officer PENSION RESERVES INVESTMENT TRUST (PRIT) FUND, MASS PRIM Stanley Mavromates, Chief Investment Officer STATE OF CALIFORNIA The Honorable Bill W. Lockyer, State Treasurer ANGELO, GORDON & CO. John Angelo, Co-Founder & Chief Executive Officer BALYASNY CAPITAL MANAGEMENT LLC Dmitry Balyasny, Chief Executive Officer
THE ROCK CREEK GROUP Afsaneh Beschloss, President and Chief Executive Officer
ALLSTATE INVESTMENTS, LLC Christopher Vogt, Portfolio Manager, Global Head of Hedge Funds MAGNITUDE CAPITAL, LLC Benjamin S. Appen, CFA, Chief Executive Officer, Founding Partner
THE WORLD BANK PENSION Daniela Klingebiel, Principal Investment Officer CAISSE DE DPT ET PLACEMENT DU QUBEC Mario Therrien, Senior Vice President, Hedge Funds - Private Equity
An End to the Traditional Exhibit Hall: Introducing The GAIM ROOM High Quality Networking on Each of the 4 Days of the Event
Experience a new meeting environment which will provide a host of places to connect and get business done:
The GAIM Caf The Demo Zone The Lounge The Meet up The Newsroom The Office The Power Bar The Quickfire
See p.16
Enjoy a unique combination of intimate meetings, facilitated interactions and an extensive menu of high-end networking dinners, cocktail receptions and after hours social events, including: SUNDAY
GAIM USA Golf Tournament Boca Sunset welcome Reception The EndInvestor Dinner (Invitation Only)
MONDAY
Gala Cocktail Reception The Late Night Lounge vIP Lunch Tables The Quickfire
TUESDAY
One-on-One Meetings Gala Cocktail Reception The BIG GAIMING Night Social vIP Lunch Tables The Quickfire
WEDNESDAY
vIP Lunch Tables The Quickfire
See p.11
SPONSORS
www.gaimusa.com
Dear Colleague,
while retaining the best of whats made it the most respected event for the alternative investment industry for over a decade. You will find a reinvigorated GAIM USA, connecting hedge fund managers and investors, facilitating the conversations you need to drive your business forward.
Following our attendance at GAIM USA we made allocations to several managers who had been on our radar for a while. GAIM USA gave us the opportunity to get to know them better. Its a helpful event for us to continue our on-going due diligence and we value the opportunity to meet with the high quality managers and other institutional investors who attend GAIM USA.
Leading institutional investor with over $1bn currently allocated direct to hedge funds and over 5 years of hedge fund investment experience.
To provide as many opportunities as possible for you to make new contacts and reconnect with friends and colleagues, were introducing a new roster of high-end networking events. You will enjoy a unique combination of intimate meetings, facilitated interactions and an extensive menu of networking dinners, cocktail receptions and after hours social events. GAIM USA Golf Tournament SUNDAY Come in early on Sunday and show off your skills on the links at one of the most exclusive championship courses in South Florida. Boca Sunset Welcome Reception SUNDAY Kick off GAIM USA and get an early jump on your networking by meeting the GAIM Speakers and your fellow industry professionals prior to the start of the main event. Gala Cocktail Receptions MONDAY & TUESDAY Mingle with your friends, clients and prospects while enjoying a cocktail immediately following each days events. The Late Night Lounge MONDAY Network into the night and enjoy an after dinner drink or perhaps a cigar while shooting a few rounds of pool. The BIG GAIMING Night Social TUESDAY Join us for a night under the stars to enjoy a gala reception featuring gaming tables, food and open bar. VIP Lunch Tables MONDAY & TUESDAY Sign up early and share conversations with legendary investors, speakers and special guests. FOr MOrE INFOrMAtION on these exceptional networking events please refer to page 11.
ThE highEsT QuAliTy spEAkEr FACulTy oF indusTry lEgEnds, rising sTArs And inFluEnTiAl AlloCATors
You can rely on meeting an unrivalled speaker faculty, independently selected to reveal the best investment opportunities of 2012. FOr MOrE INFOrMAtION turn to pages 6-10. And you will hear from a unique line-up of influential allocators who will offer valuable insight into where and how they will commit capital in 2012. FOr thE FUll lINE Up, please refer to pages 12-15.
I hope you enjoy reading more about GAIM USA 2012 and how it offers you an extraordinary opportunity to get business done at the start of 2012.
I look forward to seeing you in Florida, January 22nd 25th Amanda Rodrigues-Cheung Event Director GAIM USA
www.gaimusa.com
THE AGENDA
PRE-CONFERENCE Sunday, January 22nd, 2012
1.00 pm 1.00 5.00 pm 4.00 6.00 pm
Pre-Conference Networking Events GAIM USA Golf Tournament Conference Pre-Registration Meet the Seeders & Providers of First Capital Showcase
Meet the cream of hedge fund seeders, incubators and other providers of first capital at this brand new GAIM Showcase. Speakers will explain the best ways to get on their radar screens and the types of opportunities on which they are currently focused. Chris Acito, CEO, GAPSTOW CAPITAL PARTNERS Robert Discolo, Managing Director, PINEBRIDGE INVESTMENTS Patric de Gentile-williams, Chief Operating Officer, FRM CAPITAL ADVISORS LTD David Katz, President & COO, LARCH LANE Randall Yanker, Senior Partner & CIO, ALTERNATIVE ASSET MANAGERS, L.P (AAM) .
5.00 6.00 pm
GAIM BOCA Sunset Welcome Reception 6th Annual End-Investor Dinner (Invitation Only)
7.15 am
END-INVESTOR CLOSED DOOR BREAKFASTS A THE PUBLIC PLAN INVESTOR BREAKFAST (Invitation Only)
Public plans with less than $2bn allocated to hedge funds will be able to share their experiences of investing in the current environment. (Plans with allocations over $2bn have breakfast on wednesday January 25th)
THE GLOBAL ECONOMIC & MARKET OUTLOOK Authoritative Insight into The Macroeconomic Headwinds Shaping Investment Conditions In 2012
Benefit from the insights of top global economists. 9.00 am 8.15 am
TOP MANAGER PANEL Generating Alpha In 2012 Legendary Managers Share their Unique Insights into Where the Best Sources of Return Lie in the Year Ahead
Bruce J. Richards, CEO & President, MARATHON ASSET MANAGEMENT Seth Birnbaum, Portfolio Strategist, BRIDGEWATER ASSOCIATES Dmitry Balyasny, Chief Executive Officer, BALYASNY CAPITAL MANAGEMENT LLC Moderated by: Ashbel C. Ash williams, Executive Director & Chief Investment Officer, FLORIDA STATE BOARD OF ADMINISTRATION (SBA)
11.20 am
Meeting the Challenges of Delivering Solvent Retirement Systems in the Public Plan Sector
Kevin E. Lynch, CFA, CFP Managing Director, Global Markets Financing & Services, BANK OF AMERICA MERRILL LYNCH, , interviewing Ronnie Jung, CPA/PFS, Executive Liaison to the Board, TEACHER RETIREMENT SYSTEM OF TEXAS (TRS)
11.50 am
THE 2012 INSTITUTIONAL INVESTOR ADDRESS Changing Markets, Needs and Expectations The Reinvigoration of Institutional Investing
In the new investment environment its increasingly important for investors to be able to make tactical as well as strategic allocations. But how are leading institutions changing their own investment processes and governance structures? In the face of what many consider disappointing risk adjusted returns from hedge funds, how have investors changed their expectations of managers and how can hedge funds meet the needs of institutional investors for a strategic partner on portfolio-wide initiatives? This session will examine the experiences of top global institutional investors as they reorient their allocations and commit capital in 2012. Ashbel C. Ash williams, Executive Director & Chief Investment Officer, FLORIDA STATE BOARD OF ADMINISTRATION (SBA) Bei Saville, CFA, CAIA, Director of Alternative Investments, THE HELMSLEY CHARITABLE TRUST Gerald Alain P Chen-Young, Chief Investment Officer, UNCF, INC. ENDOWMENT . Mario Therrien, Senior Vice President, Hedge Funds - Private Equity, CAISSE DE DPT ET PLACEMENT DU QUBEC
12.40 pm
www.gaimusa.com
2.00 pm
Investing in Commodities How Effective are the Different Investment Vehicles and Structures at Providing A Hedge Against Inflation and to What Degree Will They be Impacted by Commodity Speculation
Rene Haugerud, Managing Principal & CIO, GALTERE LTD.
Managing the Investment Selection and Business Risk of Allocating to Smaller Managers
J. Alan Lenahan, CFA, Managing Principal, Director of Hedged Strategies, FUND EVALUATION GROUP Paul Zummo, Chief Investment Officer, JP MORGAN Jenny Chan, Investment Officer, DORIS DUKE CHARITABLE FOUNDATION william Bassin, Managing Director, UBP ASSET MANAGEMENT (UBPAM)
Is Hedge Fund Activism the Most Effective Way of Generating Alpha from Developed World Equity Markets in 2012?
Clifton S. Robbins, Chief Executive Officer &Portfolio Manager, BLUE HARBOUR GROUP , L.P . Ed Garden, Chief Investment Officer, TRIAN PARTNERS
Building Portfolios with Duration and Alternatives to Create Outperformance Merging Alternatives with LDI
George I. Main, CFA, Founder and Chief Executive Officer, DIVERSIFIED GLOBAL ASSET MANAGEMENT (DGAM) Donald Putnam, Founder and a Partner, MASSIF PARTNERS
Hear Top Managers Discuss the Outlook for Activist, Event Driven, Distressed, Credit and Arbitrage Strategies
2.45 pm
After Raj How Will the Insider Trading Convictions Of 2011 Impact the Industry and the Way in Which it Does Business in the Future?
Hilary Shane, Principal, ODS CAPITAL LLC
Opportunities in Event CASE STUDY A Driven, Merger and Quantum Leap in Risk Arbitrage Asset Allocation Using a Hybrid william L. Collins, Strategy Solution to Chairman & CEO, BRENCOURT ADVISORS Bring the Skill Set of Alternatives into the Traditional Space for a Radically Improved Return to Risk Profile for Your Fund
Theodore Economou, Chief Executive Officer, CERN PENSION FUND
3.30 pm 4.00 pm
CREDIT OPPORTUNITIES
Understanding the Geopolitical Landscape of 2012 and the Potential Implications for Investment in Natural Resources Special Focus on Operational Due Diligence
Put your questions directly to top investors to make sure your firm can comply with industry best practice. Ken Chiang, PM for Asian Strategies, CHILTON GLOBAL NATURAL RESOURCES FUND Constance L. Hunter, Managing Director, Chief Economist, ALADDIN CAPITAL HOLDINGS LLC
EXTENDED SESSION The New Bar for Operational Due Diligence Discover the Critical Steps You Need to Take to be Prepared
In this special session top investors will share the new standards to which they are holding managers, outlining the key processes, controls and reporting standards that they require. Additional time is provided for attendees to put their questions direct to the investors in small group sessions straight after the panel discussion. Emily Lehrer, Head of Operational Due Diligence, GUGGENHEIM PARTNERS LLC Simon Fludgate, Principal Operational Due Diligence, AKSIA Charles Cassidy, Co-director, Hedge Fund Research, CAMBRIDGE ASSOCIATES Moderated by: Alan J. Andreini, Chairman Executive Committee, BRENCOURT ADVISORS LLC
Distressed Opportunities in 2012 Including Opportunities Presented by the Capital Relief Trade on European Bank Debt
Scott D. Krase, Portfolio Manager & Senior Partner, OAK HILL ADVISORS Jean-Louis Lelogeais, CoFounder, Senior Managing Director, STRATEGIC VALUE PARTNERS George Siguler, Managing Director & Founding Partner, SIGULER GUFF
4.45 pm
Understanding the Investment Opportunities and Geopolitical Risks of Investing in Sub-Saharan Africa (Ex South Africa)
Terrence Duffy, Chief Executive Officer & Chief Investment Officer, LIONHART (USA) L.L.C.
In the Absence of Directional Opportunities Where are the Most Promising Investment Opportunities in Relative Value Credit?
Joyce C. DeLucca, Managing Principal, KINGSLAND CAPITAL MANAGEMENT, LLC Don Morgan, Founder & Managing Partner, BRIGADE CAPITAL MANAGEMENT, LLC Stephen Siderow, Co-founder & President, BLUEMOUNTAIN CAPITAL
5.30 pm
SPECIAL ADDRESS
John F Casey, . Chairman & Founding Partner, CASEY, QUIRK & ASSOCIATES Interviewing John Angelo, Co-Founder & Chief Executive Officer, ANGELO, GORDON & CO.
Evening Cocktail Reception on the Grand Lawn Sponsored by: The Late Night Lounge Sponsored by:
www.gaimusa.com
INDUSTRY PANEL Asset Flows, Capacity and the Impact of the Next Phase of Institutionalization What Directions Will the Hedge Fund Industry Take in 2012 and Beyond?
Afsaneh Beschloss, President and Chief Executive Officer, THE ROCK CREEK GROUP Tomas Arlia, Chief Investment Officer & Sr. Managing Director, GE ASSET MANAGEMENT Daniel Celeghin, Partner, CASEY, QUIRK & ASSOCIATES LLC Orla M. Nallen, Managing Director, BNY MELLON ALTERNATIVE INVESTMENT SERVICES
9.45 am
KEYNOTE INTERVIEW
Howard Cooper, CEO, COOPER FAMILY OFFICE interviewing Eric Sprott, Founder & CEO, SPROTT ASSET MANAGEMENT
10.30 am
Where are We in the Process of the Resolution of Global Imbalances and How Will this Impact Developed and Emerging World Growth in the Medium to Long Term?
Oliver Fratzscher, EVP and Strategic Advisor, CAISSE DE DPT ET PLACEMENT DU QUEBEC Scott Booth, Portfolio Manager, EASTERN ADVISORS Dr. Alberto R. Musalem, Managing Director, TUDOR INVESTMENT CORPORATION Robert E. Kiernan III, Chief Executive Officer, ADVANCED PORTFOLIO MANAGEMENT LLC
11.40 am
12.15 pm
HOW ROBUST IS YOUR ALPHA Medium Sized Managers Less Liquid Strategies
2.30 pm
ONE-ON-ONE MEETINGS
Every hedge fund attending the event will have a dedicated meeting space during the GAIM USA One-on-One Meetings Afternoon. To make it easier for investors to find the high quality managers who attend GAIM USA and to schedule essential face time, two full hours of the event will be dedicated to one-on-one meetings. Fund names will be clearly identified so investors can find managers easily.
Over Three Hours Dedicated To Connecting Managers and Investors in One-on-One Meetings
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GLOBAL MACRO Why Top Investors Are Bullish On the Macro Outlook In 2012
Samer Nsouli, Chief Investment Officer, LYFORD GROUP Sami Robbana, Head of Global Macro Strategy, CREDIT SUISSE Christopher vogt, Portfolio Manager, Global Head of Hedge Funds, ALLSTATE INVESTMENTS, LLC
How Could Regulation Ultimately Affect The Hedge Fund Industry And How Should Investors Take Account Of Regulatory Risk Within Their Portfolios?
Andrew Rabinowitz, Chief Operating Officer, Partner & Executive Committee Member, MARATHON ASSET MANAGEMENT Jonathan Hitchon, Managing Director and Global Head of Markets Clearing, DEUTSCHE BANK
5.15 pm
Examining The Practicalities Of Global Frontier Investing From Getting Comfortable With An Imperfect Knowledge About The Macro Picture To Opening Accounts And Sizing Portfolio Exposures
Alison Graham, Chief Investment Officer, VOLTAN CAPITAL MANAGEMENT Douglas Clayton, Chief Executive Officer, LEOPARD CAPITAL MANAGEMENT william D. Luterman, President & CIO, BROOKS CAPITAL GROUP
Marking The Credit Book Obtaining Independent Verification Of Pricing Of Hard To Value Securities
Improving the Independence of the Board Structure as a Mechanism to Prevent Conflicts Of Interest and Protect Investor Rights
Jonathan Morgan, Founding Principal, SOUND FUND ADVISORS LLC.
6.00 7.00 pm
Opening Remarks from the Conference Chairman INVESTOR ADDRESS The Changing Role of Hedge Funds in an Institutional Investment Strategy
Stanley Mavromates, Chief Investment Officer, PENSION RESERVES INVESTMENT TRUST (PRIT) FUND, MASS PRIM Daniele Klingebiel, Principal Investment Officer, THE WORLD BANK PENSION
9.15 am
SPECIAL ADDRESS The Rise of the East and Decline of the West: Six Myths and Half-Truths
Dr. Brock will first review the true determinants of the growth of wealth of nations. It will then appraise the Chinese Model from this standpoint, demonstrating that China has illegitimately achieved some 25% of her growth during the past quarter century. Brock will then discuss the reasons for the decline in the west. He will conclude by showing how the rise of the East will greatly help the west manage its problems in future years. Horace w. Brock, Ph.D., President, STRATEGIC ECONOMIC DECISIONS, INC.
10.15 am
SOLVING THE FINANCIAL CRISIS IN THE PUBLIC PLAN SECTOR How Can The Alternative Investment Industry Provide Solutions To Plan Underfunding, Its Needs For Diversification And Meeting Actuarial Rates Of Assumption?
The Honorable Bill w. Lockyer, State Treasurer, STATE OF CALIFORNIA Orin Kramer, Former Chairman, New Jersey State Investment Council, General Partner, BOSTON PROVIDENT PARTNERS LP
2011 Institute for International Research, Inc. All rights reserved
What Institutional Advisory Structure (Consultant Mediated Direct to HF, FOF Bespoke, or FOF Commingled) Maximizes the Prospect that Institutional End Clients Get What Theyre Looking for When Investing in Hedge Funds?
Benjamin S. Appen, CFA, Chief Executive Officer, Founding Partner, MAGNITUDE CAPITAL, LLC Peter Hill, Head of Hedge Fund Research, HEWITT ENNISKNUPP Eric Siegel, CFA, Senior Managing Director, MESIROW ADVANCED STRATEGIES, INC.
Latest Innovations in Hedge Fund Mutual Funds New Opportunities in Distribution or Challenge to the Long Term Viability of the Long Short Strategy?
Josh Kernan, Founder, SIMPLE ALTERNATIVES LLC Brad Stephan, Senior Managing Consultant, PFM ADVISORS J. Alan Lenahan, CFA, Managing Principal, Director of Hedged Strategies, FUND EVALUATION GROUP
1.00 pm
End of Conference
www.gaimusa.com
In the space of just 4 days in January, investors will have the opportunity to:
Following our attendance at GAIM USA we made allocations to several managers who had been on our radar for a while. GAIM USA gave us the opportunity to get to know them better. Its a helpful event for us to continue our on-going due diligence and we value the opportunity to meet with the high quality managers and other institutional investors who attend GAIM USA.
Leading institutional investor with over $1bn currently allocated direct to hedge funds and over 5 years of hedge fund investment experience
Conduct due diligence on current hedge fund managers in a time efficient manner Hear from both established managers and the rising stars of the industry on the outlook for the most promising hedge fund strategies of 2012 Hear how other leading investors are pushing the envelope of institutional investing in terms of managing their asset allocations, meeting liabilities, revisiting risk budgeting and using hedge funds in new ways within an institutional allocation Gain expert insight on the markets and investment opportunities for 2012 from a handpicked, independent speaker faculty (tied to no single prime broker)
Take part in the National Conversation on Retirement in focused meetings dedicated to sharing expert insights into plan underfunding and possible solutions from top academics, state treasurers and other key individuals engaged in addressing this most critical of issues impacting the nations pensions plans today Meet with peer groups at exclusive closed door breakfasts (dedicated to specific types of institutions) Attend the exclusive End-Investor Dinner attended by some of the most influential global investors in hedge funds, now in its 6th year (by invitation only)
What Institutional Advisory Structure (Consultant Mediated Direct To HF, FoF Bespoke, Or FoF Commingled) Maximizes The Prospect That Institutional End Clients Get What Theyre Looking For When Investing In Hedge Funds?
WHEN: Wednesday, January 25th 11.30am 12.15pm
Investor Relations for GAIM USA 2012 Latest Innovations in Hedge Fund Mutual Funds New Opportunities in Distribution or Challenge to the Long Term Viability of the Long Short Strategy?
WHEN: Wednesday, January 25th 12.15pm 1.00pm NEW Investors have an additional resource to answer questions, help plan meetings and navigate the educational and networking activities at GAIM USA. Jeffrey Leschen can be reached at 646 895 7427 or jleschen@iirusa.com. For more information on the institutional investors that you will meet at GAIM USA refer to pages 12-13.
www.gaimusa.com
BEFORE THE EvENT - START NETwORKING BEFORE YOU GET TO BOCA PLAN MEETINGS IN ADVANCE OF THE EVENT ONLINE AT GAIM CONNECT
WHEN: Goes LIvE on December 19th, 2011 The online networking site for all managers and investors will go live ONE MONTH before the event. Managers can list their funds profile so its readily searchable by the investors. Remember you can only use GAIM Connect when you are registered and paid to attend, so reserve your seats early to maximize your opportunity to gain exposure and request meetings.
QUICKFIRE SHOWCASE
WHEN: Monday 23rd, Tuesday 24th and wednesday 25th during the morning networking breaks AND Monday 23rd & Tuesday 24th during the afternoon networking breaks Every manager attending the event will be able to enter the Quickfire lottery for a much coveted spot on the Quickfire stage so they can pitch their fund for 2 minutes in front of the assembled investors at GAIM USA. Email your submission to quickfire@gaimusa.com by December 15th to qualify for entry. All managers must be registered and paid to attend GAIM USA 2012.
Less Liquid Strategies (Managers 6-10) Managers eligible to take part offer a minimum of quarterly liquidity. Strategies to include: distressed, opportunistic special situations, event driven and emerging markets (AUM must be MORE than $200m) Small & Emerging Managers (Managers 11-15) Managers from any strategy may apply (AUM must be less than $200m) How the Platform works: All managers registered and paid to attend GAIM USA 2012 who believe their fund delivers robust, uncorrelated, non-directional and scalable alpha opportunities are invited to submit their funds profile to be evaluated by the expert panel of investors for one of the above three platforms. Managers are invited to email their submission to alpha@gaimusa.com.
Submissions should include the following information, in the body of an email by December 15th 2011: The name of the fund The name, job title and full contact details of the individual who is requesting to take part in the How Robust is your Alpha session at the event A brief description of the funds strategy including clear identification of how it purports to generate uncorrelated, non-directional and scaleable alpha for its investors (200-250 words max) Whether you are submitting for Liquid, Less Liquid Strategies or Small & Emerging Managers Platforms
2011 Institute for International Research, Inc. All rights reserved
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UNRIVALLED INVESTMENT INSIGHT & AUTHORITATIVE MARKET OUTLOOKS FROM LEGENDARY INVESTORS AND OUTSTANDING ECONOMISTS
HALL OF FAME KEYNOTE SPEAKERS
John Angelo, Co-Founder & Chief Executive Officer, ANGELO, GORDON & CO. Angelo, Gordon is one of the oldest and most successful Alternative Investment Firms in the world. The firm presently manages $24 billion dollars primarily in credit, corporate restructuring, as well as real estate both in the U.S. and Asia. The firms goal has always been generous returns with low volatility and without the use of leverage. John M. Angelo is the co-founder and Chief Executive Officer of Angelo, Gordon & Co. He manages the firms growth and is focused on its strategic direction. John is well known as a pioneer in the hedge fund industry as well as in the distressed markets. WHEN: Monday, January 23rd 5.30pm 6.15pm Eric Sprott, Founder & CEO, SPROTT ASSET MANAGEMENT Eric Sprott is one of Canadas most successful money managers and is well known for his macroeconomic views and stock-picking ability. He is the CEO of Sprott Asset Management LP a Toronto-based investment firm , that manages over $10 billion in assets. Eric has acurately predicted many of the decades key events, including the NASDAQ collapse, the housing bubble and the commodity bull market. Erics long/short equity hedge fund strategy was recently awarded Fund of the Year at the 2010 Absolute Return Awards in New York. WHEN: Tuesday, January 24th 9.10am 9.50am
GLOBAL IMBALANCES
Where are We in the Process of the Resolution of Global Imbalances and How Will This Impact Developed and Emerging World Growth in the Medium to Long Term? WHEN: Tuesday, January 24th 11.00am 11.40am Top managers and investors debate one of the issues central to the outlook for global market. with continued uncertainty over global central bank policy and the competing inflationary and deflationary pressures that ensue, this session offers investors insight into factors that will be pivotal in putting pressure on their investment portfolios in 2012 and potentially for the next investment cycle. Oliver Fratzscher, EvP and Strategic Advisor, CAISSE DE DPT ET PLACEMENT DU QUEBEC Oliver Fratzscher is Executive vice-President and Strategic Advisor with focus on emerging markets. He contributes to strategic asset allocation and investment decisions and also acts as a spokesperson for the Caisse in its dealings with partners, the financial media and various stakeholders. Mr. Fratzscher is also a member of the Sovereign wealth Funds Advisory Board and a frequent speaker at global leadership events. Mr. Fratzscher has two decades of experience on global capital markets, both from policy and investment perspectives, having served in senior roles at the world Bank (IFC), the International Monetary Fund, ABN AMRO Bank and Deutsche Bank. He holds a Ph.D. from Harvard University as well as M.Sc. in economics (U Montral) and B.Sc. in industrial engineering (U Karlsruhe). As an expert on emerging markets, Mr. Fratzscher has been widely quoted in the financial press. He has led several research studies, including at the Brookings Institution, the EU Commission, and the Polish Council of Ministers, and has been invited to speak at various central banks, finance departments and leading academic institutes. He holds distinctions and awards from the German National Science Foundation, Konrad Adenauer Foundation, and Harvard University. Robert E. Kiernan III, Chief Executive Officer, ADVANCED PORTFOLIO MANAGEMENT LLC Robert E. Kiernan III is the Chief Executive Officer of Advanced Portfolio Management LLC (APM), and a Senior Fellow at the Kennedy School of Government at Harvard University. Before forming APM, Mr. Kiernan spent twenty years in the capital markets, based in New York and London, with Salomon Brothers and Lehman Brothers during which he was responsible for building and leading multiple global businesses. Prior to entering the private sector, he held foreign policy positions at the National Security Council, USIA, and the Department of State during the first Reagan administration. Mr. Kiernan was educated at Boston College, the University of Chicago, and the Fletcher School of Law and Diplomacy. He is a member of the Board of Directors of Educate Girls Globally, the Research Foundation Review Board of the CFA Institute, the Liquidity Risk Committee of the International Association of Financial Engineers, and the Council on Foreign Relations. Dr. Alberto R. Musalem, Managing Director, TUDOR INVESTMENT CORPORATION
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I liked the quality of the speakers and valued the opportunity to gather with a substantial group of managers and to know their opinions regarding the market and their strategies to ride it.
THE FOLLOwING SESSIONS TURN THE SPOTLIGHT ON THE OUTLOOK FOR KEY HEDGE FUND STRATEGIES IN 2012
TOP MANAGER PANEL Generating Alpha In 2012
WHEN: Monday, January 23rd 9.00am 9.50am Bruce J. Richards, CEO & President, MARATHON ASSET MANAGEMENT Seth Birnbaum, Portfolio Strategist, BRIDGEWATER ASSOCIATES Dmitry Balyasny, Chief Executive Officer, BALYASNY CAPITAL MANAGEMENT LLC
GLOBAL MACRO Why Top Investors Are Bullish On the Macro Outlook In 2012
WHEN: Tuesday, January 24th 4.30pm 5.15pm Samer Nsouli Chief Investment Officer, LYFORD GROUP Sami Robbana, Head of Global Macro Strategy, CREDIT SUISSE Christopher vogt, Portfolio Manager, Global Head of Hedge Funds, ALLSTATE INVESTMENTS, LLC
Is Hedge Fund Activism The Most Effective Way of Generating Alpha From Developed World Equity Markets In 2012?
WHEN: Monday, January 23rd 2.00pm 2.45pm Clifton S. Robbins, Chief Executive Officer & Portfolio Manager, BLUE HARBOUR GROUP L.P , . Ed Garden, Chief Investment Officer, TRIAN PARTNERS
Distressed Opportunities In 2012 Including Opportunities Presented By The Capital Relief Trade On European Bank Debt
WHEN: Monday, January 23rd 4.00pm 4.45pm Scott D. Krase, Portfolio Manager & Senior Partner, OAK HILL ADVISORS Jean-Louis Lelogeais, Co-Founder, Senior Managing Director, STRATEGIC VALUE PARTNERS George Siguler, Managing Director & Founding Partner, SIGULER GUFF
Understanding The Geopolitical Landscape Of 2012 And The Potential Implications For Investment In Natural Resources
WHEN: Monday, January 23rd 4.00pm 4.45pm Ken Chiang, PM for Asian Strategies, CHILTON GLOBAL NATURAL RESOURCES FUND Constance L. Hunter, Managing Director, Chief Economist, ALADDIN CAPITAL HOLDINGS LLC
Understanding The Investment Opportunities And Geopolitical Risks Of Investing In Sub-Saharan Africa (Ex South Africa)
WHEN: Monday, January 23rd 4.45pm 5.30pm Terrence Duffy, Chief Executive Officer & Chief Investment Officer, LIONHART (USA) L.L.C.
Examining The Practicalities Of Global Frontier Investing From Getting Comfortable With An Imperfect Knowledge About The Macro Picture To Opening Accounts And Sizing Portfolio Exposures
WHEN: Tuesday, January 24th 5.15pm 6.00pm Alison Graham, Chief Investment Officer, VOLTAN CAPITAL MANAGEMENT Douglas Clayton, Chief Executive Officer, LEOPARD CAPITAL MANAGEMENT william D. Luterman, President & CIO, BROOKS CAPITAL GROUP
In the Absence of Directional Opportunities Where are the Most Promising Investment Opportunities in Relative Value Credit?
WHEN: Monday, January 23rd 4.45pm 5.30pm Joyce C. DeLucca, Managing Principal, KINGSLAND CAPITAL MANAGEMENT, LLC Don Morgan, Founder & Managing Partner, BRIGADE CAPITAL MANAGEMENT, LLC Stephen Siderow, Co-founder & President, BLUEMOUNTAIN CAPITAL
MEET THE NEXT GENERATION OF RISING STARS OF ALTERNATIvES AT UNIQUE GAIM USA PLATFORMS:
Regardless of your fund strategy, size or structure, you will find a unique platform to position your fund in front of influential investors at GAIM USA. THE QUICKFIRE
WHEN: The Quickfire will be LIvE Monday at 10.30am and 3.30pm, Tuesday at 10.30am and on wednesday at 11.00am wildly popular with investors looking to unearth the next generation of hedge fund outperformers, The Quickfire offers a unique opportunity for funds to share what makes them unique in a brief but high profile 2 minute address on the QuickFire stage. Its the perfect opportunity for investors to hear from the outstanding talent at GAIM USA before the One-on-One Meetings commence on Tuesday afternoon. Meet your Judges Andrew Godfrey, Executive Managing Director, REVERE CAPITAL ADVISORS J. Alan Lenahan, CFA, Managing Principal, Director of Hedged Strategies, FUND EVALUATION GROUP See page 8 to find out how to submit your funds details.
2011 Institute for International Research, Inc. All rights reserved
10
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Industry Specialists
41% 26% 9%
Banks & Prime Brokers
Include firms offering: Banking, Custody Services, Derivatives, Financing, Securities Lending, Structured Products, Investment Banking and Brokerage Services
Include: Legal, Accounting, Risk Management, Administration, valuation and Software Experts, Providers of Research, Business Information and Other Financial Services, Regulatory Bodies and Industry Associations
24%
Asset Allocators
Include: Sovereign Wealth Funds, Public & Corporate Pension Plans, Endowments & Foundations, Single Family Offices, Fund of Hedge Funds, Multi Family Offices, Seeders & Incubators, Consultants, Treasury and Broker Dealer Investment Platforms
NEW For the full list of organizations who have attended GAIM USA in recent years please visit the event website at www.gaimusa.com
Golf Tournament
WHEN: Sunday, January 22nd 1.00pm 5.00pm Come in early on Sunday and show off your skills on the links at one of the most exclusive championship courses in South Florida.
www.gaimusa.com
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SPEAKER BIOS
Alan J. Andreini, Chairman Executive Committee, BRENCOURT ADVISORS LLC
Alan Andreini is Chairman of the Executive Committee and works with Bill Collins in all areas related to firm management. Mr. Andreini has extensive experience building and managing firms and over the last 35 years has run three public companies while raising billions of dollars in public financing and private investments to fuel their growth. Prior to joining Brencourt in 2010, Mr. Andreini was CEO of the hedge fund manager Armored wolf, LLC, which he helped launch and grow to over $200 million in assets under management. Prior to Armored wolf, Mr. Andreini was with the hedge fund manager Money Management Group, LP , where as a general partner, he transitioned a small friends and family hedge fund with 4 employees and $41 million under management into a global institutional asset management firm with 34 employees and over $1 billion in assets under management. Mr. Andreini holds a B.A. from Princeton University and a J.D. from Rutgers University Law School. banking business. Previous to GE, he worked at McKinsey & Co., serving a wide range of Fortune 100 clients in varied industries focusing on corporate and Business Unit strategy and Sales and Marketing strategy. Previous to McKinsey, Toms professional experience includes other corporate positions, M&A advisory, and 3 years in financial services in the equity research and trading arenas. Toms holds an MBA from the Tuck School of Business at Dartmouth College where he graduated with honors.
Gerald Alain P Chen-Young, Chief . Investment Officer, UNITED NEGRO COLLEGE FUND, INC. (UNCF)
Gerald Alain P Chen-Young is the Chief Invest. ment Officer for the United Negro College Fund, Inc. (UNCF). Mr. Chen-Young joined UNCF in September 2002 and manages UNCFs three (3) investment portfolios totaling approximately $1 billion. The largest is a dedicated, fixed-income portfolio representing a special scholarship program created in conjunction with the Bill & Melinda Gates Foundation and is managed using an active management strategy of immunizing cash flows, similar to that of a pension plan; the second is a traditional endowment portfolio that is fully diversified across multiple asset classes; and the third is a short-term, treasury-type of portfolio that typically has staggered maturities across a variety of short-term instruments. Prior to UNCF Mr. , Chen-Young spent six-and-a-half years with UBS/Painewebber, first in institutional sales and then in retail brokering. Before UBS/ Painewebber, he worked in the commercial banking division of Riggs National Bank in washington D.C., and then briefly as a Teaching Assistant in the Department of Economics at York University in Canada. Mr. Chen-Young holds post-graduate degrees in Economics from the London School of Economics (Dip. Econ.) and York University (M.A. (Monetary Economics)), and in Law from the University of Miami (J.D.) and the washington College of Law (LL.M (Law & Government)). He completed his undergraduate studies in Economics at American University in washington, D.C. with honors.
John Angelo, Co-Founder & Chief Executive Officer, ANGELO, GORDON & CO.
Angelo, Gordon is one of the oldest and most successful Alternative Investment Firms in the world. The firm presently manages $24 billion dollars primarily in credit, corporate restructuring, as well as real estate both in the U.S. and Asia. The firms goal has always been generous returns with low volatility and without the use of leverage. John M. Angelo is the co-founder and Chief Executive Officer of Angelo, Gordon & Co. He manages the firms growth and is focused on its strategic direction. John is well known as a pioneer in the hedge fund industry as well as in the distressed markets. Prior to Angelo, Gordon, Mr. Angelo was associated with L.F Rothschild for 18 years. At Rothschild . he managed the firms proprietary capital in world markets with particular emphasis on derivatives. Born and raised in New York City, Mr. Angelo has been married for 44 years to the songwriter Judy Hart Angelo. The Angelos have three grown children. Mr. and Mrs. Angelo sit on several non-profit boards within the NYC and washington area. John holds a B.A. degree from St. Lawrence University.
Afsaneh Beschloss, President and Chief Executive Officer, THE ROCK CREEK GROUP
Ms. Beschloss is President and Chief Executive Officer of The Rock Creek Group. Prior to this, Ms. Beschloss was the Treasurer and Chief Investment Officer of the world Bank, responsible for managing $65 billion in assets and a $30 billion funding strategy, as well as $160 billion in derivatives and structured products. In this position, Ms. Beschloss was instrumental in developing a $3 billion portfolio of alternative investment funds. Her previous responsibilities at the world Bank included Senior Manager of the Derivatives and Structured Products Group and Fixed-Income Portfolio Manager. Ms. Beschloss previously worked for J.P Morgan in New York and London, for . Shell International Group Planning in London, and she taught international trade at Oxford University. She is a member of the Board of Trustees of the Ford Foundation, where she has chaired the Investment Committee. She is a member of the Board of Trustees of the Colonial williamsburg Foundation and is on the Investment Committee of the Rockefeller Brothers Fund. She advises international pension funds and central banks and has written a number of journal articles and books. She holds an MPhil (Honors) in Economics from Oxford University.
Benjamin S. Appen, CFA, Chief Executive Officer, Founding Partner, MAGNITUDE CAPITAL, LLC
Ben Appen is Chief Executive Officer and a Founding Partner at Magnitude Capital, a $2.3 billion fund of hedge funds based in New York. He serves as Co-Chair of Magnitudes Investment Committee. Mr. Appen was previously a Senior Vice President at D. E. Shaw & Co., L.P ., a New York-based investment firm focusing on quantitative trading and technology venture capital activities. During his seven-year tenure, he co-founded and managed the firms fund of funds business, which grew to approximately $600 million in hedge fund investments. In this role, he oversaw the evaluation of all investment strategies, manager selection, and quantitative research, including the development of new tools for monitoring portfolio risk. D. E. Shaw & Co.s fund of funds business was known for its quantitative sophistication and rigorous due diligence process. Mr. Appen also managed D. E. Shaw & Co.s venture capital investments, and served on the board of directors of Schrdinger, Inc., a computational chemistry software pioneer. Immediately before joining Magnitude Capital, Mr. Appen was the Chief Executive Officer of Alkindi, Inc., based in New York City. He was responsible for overseeing the development of a collaborative filtering application based on n-dimensional clustering algorithms. Alkindis improvements to this technology led to the companys software being rated highest in user tests. Mr. Appen has been invited to speak about hedge funds as a guest lecturer at Columbia University and New York University. He is the chairman of the board of directors of Credit where Credit Is Due, Inc., a non-profit organization focused on financial literacy and economic empowerment in communities that are underserved by traditional institutions. He is also a member of the board of directors of the Harlem Success Academy Charter School 3. In 1992, Mr. Appen graduated magna cum laude with a B.A. in Political Science from Columbia University; he was awarded the CFA designation in 1999.
Kenneth Chiang, Managing Director & Portfolio Manager of Asian Equity Strategies, CHILTON INVESTMENT COMPANY
Prior to joining Chilton Investment Company, Mr. Chiang spent 13 years at Merrill Lynch as the portfolio manager of the Merrill Lynch Global Small Cap Fund and Co-Manager of the Emerging Market Fund. Mr. Chiang also spent one year as a Managing Partner at Samuel Asset Management. Mr. Chiang has a B.A. in Political Science from Stanford University, and an M.B.A. from The wharton School at the University of Pennsylvania.
Jane Buchan, Chief Executive Officer, PACIFIC ALTERNATIVE ASSET MANAGEMENT COMPANY
Jane Buchan is the Chief Executive Officer and one of the four original founders of Pacific Alternative Asset Management Company (PAAMCO). Clients include large public and private pension plans, foundations, endowments and financial institutions. Jane is highly credentialed with eighteen years of experience in investment management and portfolio construction, beginning with her career at JP Morgan Investment Management. Prior to forming PAAMCO, she held positions ranging from Director of Quantitative Analysis to CIO of non-directional strategies at Collin Associates, an institutional fund-of-funds and consulting firm. Jane received her undergraduate degree in Economics from Yale University and her Masters and Ph.D. in Business Economics (Finance) from Harvard University. She is a member of the Investment Management Committee. In the field of market neutral and alternative investment strategies, Jane has numerous professional publications. Jane has also served as an Assistant Professor of Finance at the Amos Tuck School of Business at Dartmouth. Jane currently serves on the advisory board of the Chartered Alternative Investment Analyst Association (CAIA).
Tomas Arlia, CIO, Senior Managing Director, Hedge Funds, GE ASSET MANAGEMENT
Toms joined GEAM in 2009 with responsibility for the firms hedge fund portfolio. Previously, he was vP of Strategy globally for GE Money, GE Capitals consumer finance and retail
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board on Family Offices, Endowments and Foundations at Princetons School of Finance and chairs the new Family Office Council at the NYU Stern School of Business which he coordinates with the faculty. Howard Cooper is a an advisor to the Princeton University Dept. of Astrophysical Sciences, Chairman of the University of Florida Dept. of Astronomy Advisory Council, a member of the Board of Directors of Florida Atlantic University and an advisor to several university academic advisory councils. He serves on the boards of several non-profit organizations and foundations and is the chairman of the advisory board to the Family Office Association. Howard Cooper resides in Palm Beach with his wife and 4 children. The Cooper Family Office is invested in over 80 funds, in North and South America, Europe and Asia, as limited partners, in managed accounts and as direct equity investors. The Cooper Family Office also partners with a number of Asian and European FOs, with which they research and invest in opportunities in China, Australia and Eastern Europe, along with frontier markets. The Office is especially proud of working with numerous other family offices throughout the world in evaluating funds, building family office investment committees, seeking new opportunities and funding direct investments. convertible arbitrage. In addition, at OConnor & Associates he developed a leading edge trading system that helped make significant profits during the Crash of 1987. Terrence holds a Bachelor of Science degree in Mathematics and Computer Science from Purdue University.
Ronnie Jung, CPA/PFS, Executive Liaison to the Board, TEACHER RETIREMENT SYSTEM OF TEXAS
Ronnie Jung served as the Executive Director of the Teacher Retirement System (TRS) of Texas from September 2003 until August 2011. He also served as Acting Chief Investment Officer May through December 2006. while serving as Executive Director the fund received numerous awards including: the Public Fund Investor of the Year for 2008 and Public Plan of the Year, Plan Sponsor of the Year, and Limited Partner of the Year in North America all in 2009. He currently serves as the Executive Liaison to the TRS Board. Prior to being appointed Executive Director he served as Deputy Director for two years and as the Chief Financial Officer for the system for five years. He previously worked for twenty years at the Texas State Auditors Office and two years at the Texas Legislative Budget Board. Mr. Jung previously served as a member of the Governmental Accounting Standards Boards task force for higher education financial reporting which lead to the development of GASB #35 and was recognized as 2002 Administrator of the Year by the Texas State Agency Business Administrators Association. He currently serves as President of the National Council on Teacher Retirement and as a member of the board of the National Institute for Retirement Security. Jung earned a B.B.A. in accounting from the University of Texas at Austin in 1974 and a Masters of Public Affairs from the LBJ School of Public Affairs in 1991. He is a Certified Public Accountant with a Personal Financial Specialist Designation and a member of the American Institute of CPAs and the Texas Society of CPAs.
custody with Schwab Institutional Services. Through these platforms, Schwab offers a wide variety of investment products that include hedge funds, private equity, private real estate, private energy, managed futures and other alternative investment strategies. Josh has become a sought after commentator on alternative investment and managed account use by registered investment advisors. He speaks regularly at industry conferences and has been interviewed for industry publications that include Investment News, Investment Advisor, Hedgeworld and Barrons. He is a member of the Investment Management Consultants Association (IMCA), participates in the SIFMA Alternative Investment Roundtable and is a Chartered Alternative Investment Analyst (CAIA). Josh graduated with a bachelors degree in English Literature from Ohio wesleyan University and is registered with the FINRA Series 7, 9, 10, 63 & 66. Josh is married and has twin boys.
Robert E. Kiernan III, Chief Executive Officer, ADVANCED PORTFOLIO MANAGEMENT LLC
See page 9 for bio.
Lena Komileva, Senior vice President, Global Head of G10 Strategy, BROWN BROTHERS HARRIMAN
See page 9 for bio.
Kristin Forbes, Jerome and Dorothy Lemelson, Professor of Management and Global Economics, MIT SLOAN SCHOOL OF MANAGEMENT
See page 9 for bio.
Orin Kramer, Former Chairman, New Jersey State Investment Council, General Partner, BOSTON PROVIDENT PARTNERS LP
Orin S. Kramer is a managing partner of Boston Provident, L.P which manages investment ., vehicles focusing on the financial services industry. He is a director of Ariel Holdings Ltd., a Bermuda reinsurance company, and has served on the boards of other financial services firms, public and private. He chaired the New Jersey State Investment Council from 2002 to 2010 and was recently appointed to the New York State Council of Economic and Fiscal Advisors by Gov. Cuomo. He is Chair of the board of the Robert F Kennedy Center for . Justice and Human Rights. He is a member of the executive committee of the board of directors of the Alliance for Climate Protection, the organization founded and chaired by former vice President Al Gore. He is also on the advisory board of the Toigo Foundation, which promotes opportunities for minorities in the financial services industry. He is a member of the Samsung Advisory Council. In 2007, he was appointed by the Pennsylvania State Treasurer as a member of the Financial Asset Management Commission, which reviewed the States investment practices. He was named by President Clinton as a member of the Commission to Study Capital Budgeting. In 1995, he was designated by the Secretary of Treasury to serve as a member of the Advisory Commission on Financial Services. In 1992, he served as a coordinator of President-elect Clintons transition team on financial services issues. In 1990, he was appointed by the Governor of California as executive director of the California Commission on Ratemaking for workers Compensation Insurance. In 1986, he served as vice-chairman and executive director of a special commission appointed by Governor Cuomo to study the liability insurance crisis and civil justice reform, and he co-authored the New York Dewind Commission report on product deregulation for banks. Mr. Kramer has published two books and a number of studies on the financial services industry. He has taught financial institutions law at Columbia Law School.
Oliver Fratzscher, EvP and Strategic Advisor, CAISSE DE DPT ET PLACEMENT DU QUEBEC
See page 9 for bio.
Terrence Duffy, Chief Executive Officer / Chief Investment Officer, LIONHART (USA) LLC.
In 1993, Terrence Duffy founded Lionhart. As a trader and portfolio manager, Terrence has generated profits in nineteen of the last twenty years. His impressive background includes over 20 years of alternative investment industry experience. Terrence has held several key roles prior to forming Lionhart. As Head Trader of Global Equity Derivatives at First Interstate Capital Markets, he was instrumental in producing significant profits for the banks proprietary accounts. As Senior Manager at Continental Bank, he developed substantial trading experience in Japanese warrant and
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SPEAKER BIOS
From 1981 to 1983, Mr. Kramer was a member of the financial institutions group at the management consulting firm of McKinsey & Co. From 1977 to 1981, he served as Associate Director of the white House Domestic Policy Staff. Previously, Mr. Kramer had been an associate with the law firm of Simpson Thacher & Bartlett and executive director of the New York State Commission on Living Costs and the Economy. He received his B.A. from Yale College and J.D. from Columbia Law School. improved transportation, quality health care, more affordable housing and a cleaner environment. And the Treasurer handles those duties while sitting on the governing boards of the nations two largest public pension funds the California Public Employees Retirement System and the California State Teachers Retirement System. Its a big job. Here are some of what Treasurer Lockyer has accomplished: Managed the States multi-billion dollar Pooled Money Investment Account (PMIA) through the 2007-09 recession without losing a penny of principal. Protected taxpayers from unjustifiably high-interest rates by winning major reforms of the way credit rating agencies grade bonds issued by states and local governments. Led the successful effort to keep corruption out of public pension funds and ensure investment decisions serve workers and taxpayers, not special interests and their politically-connected middlemen. Launched unprecedented campaign to increase the purchase of California bonds by individual investors, including radio ads and a first-of-its-kind web site that connects investors with brokers. Sold more bonds than any Treasurer in California history to finance critical infrastructure projects and generate thousands of jobs. Directed more than $1.3 billion of financial assistance to California small businesses that helped create or preserve 73,120 jobs. Revitalized agency that provides financial assistance to manufacturers of electric vehicles and renewable energy products, and sponsored successful legislation that makes it less expensive for schools to supply their facilities with renewable energy. Expanded access to health care for Californians who depend on small and rural clinics by increasing the availability of low-cost loans to build facilities and buy equipment. Helped families cope with rising college costs by expanding ScholarShare, Californias 529 college savings program number of account holders increased by 55.3 percent and assets under management up by 57.5 percent. Lockyers public service career has spanned more than three decades. From 1999-2006, he served as California Attorney General and fashioned one of the most impressive records of accomplishments in the offices history. He created the nations most effective and sophisticated DNA forensic crime laboratory. He cracked down on Medi-Cal fraud, established the Megans Law website to track registered sex offenders, and recovered billions of dollars for defrauded energy ratepayers, consumers and taxpayers. Prior to his election as Attorney General in 1998, Lockyer served 25 years in the California Legislature. He culminated his Capitol career as Senate President pro Tempore, crafting agreements to balance the state budget and make government work better for taxpayers. Lockyer graduated from the University of California, Berkeley. Lockyer earned his law degree from McGeorge School of Law in Sacramento while serving in the State Senate. He also received a teaching credential from California State University, Hayward. He is married to Nadia Maria Lockyer and has a daughter, Lisa, and a son, Diego. and Employees Retirement Systems and the assets of county, authority, district, and municipal systems that choose to invest in the fund. His responsibilities are to provide the overall investment strategy and asset allocation for the fund and to evaluate, select, monitor and manage external investment managers. As CIO, he supervises internal investment professionals, support staff and outside consultants and advises the Investment and Real Estate/ Timber Committees and Board. Prior to joining PRIM, Stan was an investment consultant for John Hancock Financial Services, responsible for investment oversight, due diligence, and selection of investment managers for Hancocks variable products, 401K, and pension plans. He is a graduate of Bentley Colleges MBA program and a graduate of Northeastern University, with a concentration in international business and finance. Stan served in the U.S. Marine Corps for 5 years and is an IEEE Investment Committee Member At Large.
Dr. Laurence H. Meyer, vice Chairman and Director, Former Member of the Board of Governors of the Federal Reserve (1996 2002), MACROECONOMIC ADVISERS
Laurence H. Meyer is a former member of the Board of Governors of the Federal Reserve System and currently Senior Managing Director and Co-Founder of Macroeconomic Advisers and a distinguished scholar at the Center for Strategic and International Studies in washington D.C. while serving as a Fed governor from June 1996 through January 2002, Dr. Meyer became widely known as an influential member of the Federal Open Market Committee and built a reputation for independent thinking and straight talk about monetary policy. He has been widely acclaimed for his ability to bring clarity to the chaos of economic data and to demystify the art and science of monetary policymaking. Dr. Meyer was born on March 8, 1944 in the Bronx, New York. He received a B.A. (magna cum laude) from Yale University in 1965 and a Ph.D. from Massachusetts Institute of Technology in 1970. Dr. Meyer offers Monetary Policy Insightscommentaries and analyses of the U.S. economic outlook and monetary policy prospectsthrough Macroeconomic Advisers to financial firms around the world. He is a fellow of the National Association of Business Economics, a member of the Board of Directors of the National Bureau of Economic Research, and a member of the Panel of Economic Advisers for the Congressional Budget Office. He is also the author of A TERM AT THE FED: An Insiders view, published by HarperBusiness in July 2004.
J. Alan Lenahan, CFA, Managing Principal / Director of Hedged Strategies, FUND EVALUATION GROUP
Alan is Director of Hedged Strategies within the research group at Fund Evaluation Group. FEG is an institutional investment consultant with over $33 billion in assets under advisement located in Cincinnati Ohio. Alans focus is on the hedge fund industry and his responsibilities include hedge fund manager sourcing and selection, strategy research, portfolio construction, and client education. FEGs efforts in hedge fund research include sourcing and full due diligence of both fund of funds and hedge funds across the full spectrum of alternative strategies. Alan also works in a consulting capacity with clients that have an alternative only or alternative focused mandate. Alan joined FEG in 2002. Prior experience includes investment manager acquisition analysis and portfolio company analysis for The western and Southern Life Insurance Co. From 1997 to 2000, Alan was a Senior Associate in the valuation Services practice at Arthur Andersen. He received a BSBA from Xavier University in Finance and Marketing and has been a CFA chartholder since 2002. In 2007, Alan was named one of the 20 Rising Stars in Hedge Funds by Institutional Investor News.
Sami Robbana, Head of Tactical Trading Strategies & Portfolio Manager for Global Macro products, CREDIT SUISSE ASSET MANAGEMENT
2011 Institute for International Research, Inc. All rights reserved Mr. Robbana joined Credit Suisse in October 2000, he initially joined the Hedge Fund Investments Group at Donaldson, Lufkin & Jenrette (DLJ) as an Associate. His responsibilities included the analysis and selection of global macro focused hedge funds, as well as managing the CSAM Low volatility fund. In November 2004, Mr. Robbana launched the SAPIC Global Macro fund and in March 2006, he launched a customized tactical trading portfolio for an established European-based pension plan. Mr. Robbana manages both portfolios since respective inception. In 2007, shortly after the consolidation of Credit Suisse various hedge fund platforms, Mr. Robbana was promoted to Global Macro Sector Head. In May 2011, he was promoted Co-Head of Tactical Trading Strategies. Prior to joining DLJ Asset Management Group, Mr. Robbana was a hedge fund analyst at EIM Group, based in New York. Prior to EIM, Mr. Robbana began his career in 1997 as a hedge fund analyst at AIA Group, based in New York. Mr. Robbana earned a BBA in Finance from L Ecole des Hautes Commerciales (HEC) de Montreal, a Minor in Economic Sciences from Universite de Montreal, and attended McGill University Graduate Business School.
George Main, MBA, CFA, Chief Executive Officer, DIVERSIFIED GLOBAL ASSET MANAGEMENT CORPORATION (DGAM)
Mr. Main is a co-founder and is responsible for overall firm management and direction, in addition to investment decision-making including hedge fund selection, hedge fund portfolio construction and tail hedge overlay management. He is a member of the Board, the Management Committee, and the Investment Committee. He is also a member of the Investment Committee for the Endowment and Pension Funds at Trinity College, University of Toronto. In 2007, Mr. Main was appointed to the Hedge Fund Investors Committee of the Presidents working Group on Financial Markets. Prior to joining the firm, he was Managing Director and Chief Investment Officer of Northwater Capital Management.
Dr. Li Gang Liu, Head of China Economic Research, Global Markets, ANZ BANKING GROUP HONG KONG ,
See page 9 for bio.
Orla M. Nallen, Managing Director, U.S. Alternative Investment Services, THE BANK OF NEW YORK MELLON
After spending several years as head of The Bank of New York Mellons Hedge Fund Corporate Banking Group, Orla recently transitioned into a senior sales role in the companys Hedge Fund Administration business to continue to build out The Bank of New York Mellons business with Fund of Hedge Funds. In her previous role, Orla built and managed a team that was responsible for the global client management of The Bank of New York Mellons Hedge Fund clients, which included credit.
Stanley P Mavromates, Jr., Chief . Investment Officer, PRIT FUND, MASSACHUSETTS STATE TEACHERS AND EMPLOYEES RETIREMENT SYSTEMS
Stan Mavromates is the Chief Investment Officer of the $50 billion PRIT Fund.The fund invests the assets of the Massachusetts State Teachers
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Bei Saville, CFA, CAIA, Director of Alternative Investments, THE HELMSLEY CHARITABLE TRUST
Bei Saville is Director of Alternative Investments at the Helmsley Charitable Trust. She oversees the deployment and management of the Trusts investments in private equity, venture capital, hedge funds and real assets. Prior to joining the Trust, Ms. Saville managed the alternative investments for Pfizers pension fund. She was also responsible for Pfizers Defined Contribution plans. Prior to Pfizer, Ms. Saville was a vice president in Morgan Stanleys Global Portfolio Solutions group, where she designed and managed alternative investment portfolios and advised on asset allocation decisions for large institutional investors. Prior to that, she held strategic planning / finance roles at Morgan Stanley, JPMorgan and David J. Greene. Ms. Saville began her career in real estate development with China National Real Estate Development Group, the largest real estate developer in China. Ms. Saville received an MBA with honors from Old Dominion University and a BS from the Renmin University of China. She also holds the CFA and CAIA designations, and has served on multiple advisory boards of private equity, venture capital, and real estate funds. Corporation. He is also a member of RANDs U.S.-Russia Business Leaders Forum, the Russell 20/20 Group and Pacific Pension Institute. He currently serves on the Pension Advisory Committee of the International Monetary Fund and on the Board of Directors of MSCI Barra. Mr. Siguler is also a member of the Board of Overseers of the Hoover Institute at Stanford University and a member of the Investment Committee of the wildlife Conservation Society. Mr. Siguler is a past Director of the Investor Responsibility Research Center, The Perkins School for the Blind and the New England Aquarium. He has been a Director of the Harvard Community Health Plan (the largest HMO in New England), a member of the Department of Health and Human Services Advisory Committee on Health Professional Education and a member of the white House Task Force on Medicare Prospective Payments. Mr. Siguler holds an A.B. in History from Amherst College and an M.B.A. from Harvard Business School. American financial markets have been captured throughout the last several years in an investment strategy article that he authors titled Markets At A Glance . 300 individuals across a variety of investment disciplines. Mr. vogt is the portfolio manager of hedge fund investing at Allstate Investments, LLC and is responsible for all hedge fund related activities across the Allstate Insurance enterprise. Prior to joining Allstate, Mr. vogt was Managing Director of a Chicago based managed futures boutique investment and trading firm. Prior to this work, Mr. vogt was a founding partner in a proprietary trading group, Chrisdom Partners. while there, Mr. vogt developed and traded equity index option systems. Before his trading systems work, Mr. vogt worked on the listed derivatives sales and electronic trading desk for Bank of America Futures, Inc. in Chicago. Mr. vogt began his financial career with a subsidiary of Rosenthal Collins Group as an option trader on the floor of the Chicago Mercantile Exchange. Mr. vogt earned a BA from the University of Illinois at Urbana-Champaign and a MBA with honors from the University of Chicago
Ashbel C. Ash williams, Executive Director & Chief Investment Officer, FLORIDA STATE BOARD OF ADMINISTRATION (SBA)
Ashbel C. Ash williams is the Executive Director & CIO of the Florida State Board of Administration (SBA), one of the nations leading public investment institutions. The SBA manages assets under broad investment authority granted by the Boards Trustees. The Trustees are Floridas Governor, Chief Financial Officer, and Attorney General. Among the over $150 billion in assets under management are those of the Florida Retirement System (FRS) Trust Fund. The FRS is one the largest public pension funds in the United States. Prior to joining the SBA, Mr. williams was a Managing Director at Fir Tree Partners and previously was President and CEO of Schroder Capital Management, both headquartered in New York City. He has extensive experience with both the SBA and Florida government, having previously served as Executive Director of the SBA from 1991 to 1996 and in senior management positions in Floridas executive and legislative branches. Mr. williams holds both BS and MBA degrees from Florida State University (FSU) and completed post graduate programs at the University of Pennsylvanias wharton School and Harvards John F Kennedy School of Gov. ernment. Mr. williams serves as Chairman of the Florida State University Foundation, an advisory board member of the Robert Toigo Foundation, and a leadership council member of the Robert F Kennedy Center for Justice and . Human Rights and is an Episcopal lay minister.
Mario Therrien, Senior vice President, Hedge Funds - Private Equity, CAISSE DE DPT ET PLACEMENT DU QUBEC
Mario Therrien was appointed Senior vicePresident, Fund Management, with the Private Equity group on June 15, 2009. In this capacity, he manages the teams responsible for investments in external private equity funds, including venture capital funds in the information technology and life sciences sectors, leveraged buyout funds and hedge funds. Mr. Therrien has a solid financial background. He joined the Caisses Alternative Tactical Investments team in 1992 as a financial analyst and was successively promoted to Assistant Manager and Manager. He was then assigned to the position of vice-President of varan Tactical Asset Management, a fund specializing in global tactical investments, until 2002. Prior to his latest appointment, he carried out the functions of vice-President, Funds of Hedge Funds, Absolute Return, and oversaw the team in charge of developing investment strategies using hedge funds on an international scale.
Professor Mila Getmansky Sherman, Assistant Professor of Finance, ISENBERG SCHOOL OF MANAGEMENT AT UMASS, AMHERST
Mila Getmansky Sherman is an Assistant Professor of Finance at the Isenberg School of Management, UMASS-Amherst. She specializes in empirical asset pricing, hedge funds, performance of investment trading strategies, and system dynamics. She published in the Journal of Financial Economics, Review of Financial Studies, Journal of Investment Management, and Journal of Alternative Investments, as well as contributed to half a dozen books and book chapters. Professor Getmansky Sherman is an Associate Editor of the Journal of Alternative Investments. She is a recipient of numerous awards and grants from the Q-Group, National Bureau of Economic Research, Inquire-Europe, and National Science Foundation, and a recipient of the College Outstanding Research Award. Professor Getmansky Sherman teaches courses in corporate finance and financial modeling in MBA and undergraduate programs.
Paul Zummo, CFA, Chief Investment Officer, J.P MORGAN ALTERNATIVE . ASSET MANAGEMENT
Mr. Zummo is Co-Head of J.P Morgan Alterna. tive Asset Management and Chief Investment Officer. He is head of the Portfolio Management Group and a member of the JPMAAM Investment Committee. Mr. Zummo cofounded JPMAAM in 1994. Prior to that, Mr. Zummo served as the manager of retirement plan investments for the Interpublic Group of Companies from 1992 to 1994, where he was responsible for analysis, asset allocation and manager selection. From 1990 to 1992 he worked at the former Chase organization as an investment analyst and consultant for institutional clients of the Chase Consulting Group. Mr. Zummo received a B.S. from the State University of New York at Albany and an M.B.A. from New York University. He holds the Chartered Financial Analyst (CFA) designation and is a member of the CFA Institute.
Christopher vogt, Portfolio Manager, Global Head of Hedge Funds, ALLSTATE INVESTMENTS, LLC
The Allstate Corporation (NYSE: ALL) is the nations largest publicly held personal lines insurer. widely known through its Youre In Good Hands with Allstate slogan, Allstate provides insurance products to more than 14 million households. The Allstate Investment Group manages $118 billion of assets for internal clients including the insurance companies, two ERISA plans, and non-insurance subsidiaries. The Allstate Investment Group strives to provide sustainable, competitive, risk-adjusted investment returns and investment-related services for the benefit of the Allstate Corporation. The size of the Investment Group exceeds
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THE CAFS
SOLD THE POWER BAR
Great places to get a snack, grab a drink and interact with your fellow attendees. Need a recharge? Your smartphone will never be more than a few steps away from its very own juice bar! Chat with your fellow crackberry fiends while your phone powers up. Multiple seating areas for on-site meetings and impromptu conversations. video screens located throughout the event will keep you up to date on the latest financial happenings, plus give your firm a chance to showcase a unique message directly to attendees. Internet workstations to keep our attendees connected to their team while at the event. An annual favorite at GAIM, Investors turn the spotlight on the brightest fund managers to hear what sets their fund apart. Dedicated Meeting Spaces for you to sit down and speak with clients. Up to 10 firms will have the opportunity to showcase their leading technology in The Demo Zone to provide attendees the chance to see their platform or product first-hand.
TRACK SESSIONS
GENERAL SESSION
LUNCH
QUICKFIRE TABLES
LOUNGE
THE OFFICE
THE NEWSROOM
THE CAFE
LOUNGE
THE CAFE
THE QUICKFIRE
THE OFFICE
QUICKFIRE TABLES
NEWSROOM
LOUNGE
THE OFFICE
THE MEET UP
ENTRANCE AND REGISTRATION
THE ONLY QUESTION THAT REMAINS IS, HOW WILL YOU CONNECT IN THE GAIM ROOM?
Association with these destination areas will allow your firm the chance to own a unique part of the attendee experience and includes multiple benefits for your organization.
FIND OUT HOW YOUR FIRM CAN PARTICIPATE IN THE GAIM ROOM:
Kim Griffiths | +1 646 616 7638 | kgriffiths@iirusa.com
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Showcase your thought leadership as panelist on one of our cutting-edge topics
Branded Sponsorships
Your company will be physically present throughout the entire conference branded Lanyards SOLD , Room Keys, Tote bags, Pens & Pads and more!
2011 Institute for International Research, Inc. All rights reserved
VIp luncheon
Highly visible opportunity to speak directly with your targeted prospects and clients while enjoying lunch in a relaxed setting
For more information and to select your Sponsorship position, contact: Kim Griffiths | +1 646 616 7638 | kgriffiths@iirusa.com
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www.gaimusa.com
MEDIA PARTNERS
www.gaimusa.com
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The Boca Raton Resort is not just a conference venue, its a unique location chosen specifically to meet your business needs at any level.
SET ASIDE SOME PLAY TIME
Get competitive with your peers, take out your clients or impress your prospects
GOLF
The Boca Raton Resort & Club is home to two championship 18-hole courses, instruction from top-rated professionals, pro shop, practice area with putting green, chipping green and practice bunker and the Dave Pelz Scoring Game School and the Boca Raton Resort & Club Golf Academy.
TREAT YOURSELF
Enjoy a quiet dinner or engage with the newest additions to your rolodex
RESTAURANTS & LOUNGES AT THE HOTEL 501 EAST - Casual dining makes 501 East the ideal spot to enjoy moderately priced contemporary specialties in a comfortable setting with panoramic views of the golf course and outdoor dining for lunch, dinner and early or late happy hours. LUCCA - Lucca celebrates the spirit of the Mediterranean,
evoking the essence of classical Tuscan cuisine and the colors and architecture of northern Italy.
BICYCLE RENTALS
Take a spin around town with our bike rentals available daily from the Cloister Fitness Center.
TENNIS
with 18 courts at the Resort and 12 more at the Boca Country Club, our tennis center ranks top 5 by Tennis Magazine as one of the best clay court facilities in the world. Lighted courts are available for evening play.
Morimoto of iron Chef fame opened his signature Sushi Bar offering a unique selection of sushi, sashimi, maki and new creations.
POOL
The Tower Pool at the Main Resort and the Pool Oasis at the Beach Club are the perfect spots for relaxing, sunning, swimming and fun. Tower Pool and Beach Club Cabana rentals are available with a full service lunch menu, exotic drinks, refreshments, ice cream and snacks.
restaurant features ice cream sundaes sprinkled with candy morsels and their world famous Frrrozen hot Chocolate.
GAZEBO BAR & GRILL - located at the Tower Pool, the Resorts most popular lunch and snack spots, features frozen drinks, salads, grilled burgers, creative sandwiches and ice cream novelties. BAR LUNA - Enjoy specialty cocktails, martinis, a wide assortment of fine wines by the glass, single malt scotches and light fare. A great spot to catch sporting events on our 4 plasma screen televisions. MULLIGANS - A sporty outdoor snack bar at the Golf Clubhouse, the ideal spot for light lunch fare and refreshments.
2011 Institute for International Research, Inc. All rights reserved 2011 Institute for International Research, Inc. All rights reserved
cocktails and a casual menu of sandwiches, salads, and burgers. Join us on Saturday night for our famous happy hour!
the pools below and the atlantic ocean beyond, the contemporary ocean Bar offers a high level of comfort and style. offering signature cocktail, appetizers and light fare. Join us on Friday night for our famous happy hour!
CATAMARANS
Enjoy an exhilarating ocean sail on a 55 Catamaran Sailing Yacht, snorkel, take a swim, or simply sit back and relax.
To find out about all the opportunities available to you within the exclusive surrounds of The Boca Raton & Club, please visit http://www.bocaresort.com/resort_activities/
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www.gaimusa.com
REGISTRATION INFORMATION
EASY WAYS
TO ENROLL
Email register@iirusa.com
Web www.gaimusa.com
BEFORE OCTOBER 21
Complimentary* $4,295 $3,395**
BEFORE DECEMBER 2
Complimentary* $4,495 $3,595**
BEFORE JANUARY 6
Complimentary* $4,695 $3,795**
AFTER JANUARY 6
Complimentary* $4,995 $4,095**
Asset Managers and Allocators include: Fund of Hedge Funds, Multi Family Offices, Seeders & Incubators, Consultants and Broker Dealer Investment Platforms, Hedge Funds, Traditional Asset Managers, Real Estate and Private Equity Funds **Asset Allocator and Asset Manager registrations are subject to approval. Institutional End-Investors include: organizations that are solely investing on their own behalf in alternatives and do not sell any alternative investment products or services to clients including; sovereign wealth funds, pension funds, endowments, foundations, single family offices, private clients and treasury. *All complimentary registrations are subject to qualification. To request approval please email: investor@gaimusa.com
Investor Relations at GAIM USA: Investors have an additional resource to answer questions, help plan meetings and navigate the educational and networking activities. Jeffrey Leschen can be reached at +1 646.895.7427 or jleschen@iirusa.com for these and any other requests for help and information. Complimentary registrations will not be available on site and must be requested and approved in advance of the start of the event GROUP DISCOUNTS AVAILABLE: Please contact Alex Siegel at +1 646 895 7421. No two discounts can be combined.
GAIM PRESS POLICY while in the past GAIM events have been closed to the media, this year, GAIM is exploring opening the event to representatives of respected media outlets to cover our NY and FL conferences. Our purpose in allowing only select media to attend is to widen the debate and more broadly disseminate our speakers ideas while preserving the same level of open discussion that has become the hallmark of GAIM conferences. Media will have access to limited portions of the conference and must agree to abide by a set of strict ground rules that GAIM has set to protect the privacy of our speakers and maintain attendees ability to speak with candor. GAIM will only permit media coverage of panels and keynotes with permission of the speakers and will honor the requests of any who prefer to give their remarks in closed sessions. For more information on media participation please contact Ali Saland at +1 646 895 7309 or asaland@iirusa.com FEE CANCELLATION POLICY PARTNERSHIP OPPORTUNITIES
The standard fee for attending IIRs GAIM USA 2012 is outlined on the registration form. This includes the luncheon and refreshments, and the conference documentation and materials submitted by the speakers. You may enclose payment with your registration or we will send an invoice. Payment is due within 30 days of registering. If registering within 30 days of the event, payment is due immediately. Payments can be made by check, visa, MasterCard, Discover, Diners Club or American Express. Please make all checks payable to the Institute for International Research, Inc. and write the name of the delegate(s) on the face of the check, as well as our reference code: U2730. If payment has not been received prior to registration the morning of the conference, a credit card hold will be required.
January 22-25, 2012 Boca Raton Resort & Club 501 East Camino Real Boca Raton, FL 33432
ACCOMMODATIONS
GAIM USA has reserved a limited number of Tower, Cloister Deluxe and Yacht Club rooms and this room block often sells out well before the event dates. These rooms will be available on a first come, first served basis. All hotel bookings must be made directly with the hotel by calling +1 (888) 557 6375 or +1 (561) 447 3000. when you call, please notify the agent that you are with GAIM USA to receive the negotiated rate. All hotel rooms require a deposit at booking, and may be booked at the negotiated rate until Monday, January 9, 2012.
If you need to make any changes or have any questions, please feel free to contact us via email at register@iirusa. com. Cancellations must be in writing and must be received by IIR prior to 10 business days before the start of the event. Upon receipt of a timely cancellation notice, IIR will issue a credit voucher for the full amount of your payment, which may be applied towards registration fees at any future IIR event held within 6 months after issuance (the Expiration Date). All credit vouchers shall automatically expire on the Expiration Date and shall thereupon become void. In lieu of issuance of a credit voucher, at your request, IIR will issue a refund less a $795 processing fee per registration. Registrants are advised that no credit vouchers or refunds will be issued for cancellations received less than ten business days prior to start of the event, including cancellations due to weather or other causes beyond the Registrants control. IIR therefore recommends that registrants allow for unexpected delays in making travel plans. Substitutions are welcome at any time. If for any reason IIR decides to cancel this conference, IIR accepts no responsibility for covering airfare, hotel or other costs incurred by registrants, including delegates, sponsors, speakers and guests.
with competition for the markets attention stronger than ever, we understand that your company needs to extend its reach in order to build relationships and connect with attendees. Partnerships with GAIM USA offer a variety of ways to raise your companys awareness in this valued market both pre-event and on-site. There are more unique opportunities this year than ever before and we offer multiple levels to accommodate companies of all sizes.
For more information regarding administrative policies such as complaint and refund, please contact our offices at (888) 670-8200 or +1 (941) 951-7885. Institute for International Research is registered with the National Associate of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Nashville, TN 37219-2417. web site : www.nasba.org.
DOCUMENTATION ORDER
If you are unable to attend the program, or would simply like to order additional sets of documentation for your colleagues, they are available for $395 per set, including taxes, postage and shipping in the U.S. Please fill out the order form on the back of the brochure. The documentation is available two weeks after the conference takes place. CREDIT CARD PAYMENT ONLY.
CPE SPONSORS
AUXILIARY AID
Any disabled individual desiring an auxiliary aid for this conference should notify IIR at least 3 weeks prior to the conference in writing by faxing +1 (212) 661 6045.
If you are receiving multiple mailings, have updated information or would like to be removed from our database, please contact our database team at +1 212.661.3876. Please keep in mind that amendments can take up to 6 weeks.
U2730
STAY CONNECTED
@ _GAIM
in
rOBErt F. KENNEDY
Robert F Kennedy boldly faced tough problems and challenged the comfortable and . complacent. To realize his dream of a more just and peaceful world, his family and friends founded a living memorial in 1968. Today the Robert F Kennedy Center for Justice and . Human Rights is dedicated to advancing human rights. Through long-term partnerships and cutting edge methods, we assist advocates who have won the RFK Human Rights Award. we support investigative journalists and authors who bring light to injustice through the RFK Book and Journalism Awards. Our Speak Truth to Power program educates the public and provides students with a toolkit for action to create change in the classroom, the community, nationally and internationally. In addition, as part of a continuing program of fiduciary education, the RFK Compass Program works with institutional investors to advance a discussion of the connections among investment performance, fiduciary duty and public interest issues to optimize riskadjusted rates of returns and address current and future global challenges. For more information please visit www.rfkcenter.org/compass
www.gaimusa.com
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Over $800bn
U2730
January 22-25, 2012 Boca Raton Resort & Club Boca Raton, FL
Exclusive investor Content More one-on-one Meetings no Exhibits nightly social Events
Aligned with the needs of the institutional investor, a fully reimagined hedge fund event to facilitate even more one-on-one meetings and high quality networking
TEACHER RETIREMENT SYSTEM OF TEXAS Ronnie Jung, PA/PFS, Executive Liaison to the Board CASEY, QUIRK & ASSOCIATES John F. Casey, Chairman & Founding Partner STATE OF WISCONSIN INVESTMENT BOARD (SWIB) David C. Villa, CIO & Chairman of the Investment Committee
MEET WITH THE MOST DISTINGUISHED LEADERS OF THE ALTERNATIVE INVESTMENT COMMUNITY, INCLUDING:
FLORIDA STATE BOARD OF ADMINISTRATION (SBA) Ashbel C. Ash Williams, Executive Director & Chief Investment Officer
ANGELO, GORDON & CO. John Angelo, Co-Founder & Chief Executive Officer
THE ROCK CREEK GROUP Afsaneh Beschloss, President and Chief Executive Officer
ALLSTATE INVESTMENTS, LLC Christopher Vogt, Portfolio Manager, Global Head of Hedge Funds
MAGNITUDE CAPITAL, LLC Benjamin S. Appen, CFA, Chief Executive Officer, Founding Partner
PENSION RESERVES INVESTMENT TRUST (PRIT) FUND, MASS PRIM Stanley Mavromates, Chief Investment Officer
CAISSE DE DPT ET PLACEMENT DU QUBEC Mario Therrien, Senior Vice President, Hedge Funds - Private Equity
At Event: A wHOLE AFTERNOON DEDICATED to connecting managers and investors in one-on-one meetings
See p.8
Hear both hedge fund legends AND rising stars on the BEST INVESTMENT OPPORTUNITIES of 2012
Discover how LEADING INVESTORS are pushing the envelope of institutional investing
Take part in the NATIONAL CONVERSATION ON RETIREMENT in focused meetings on plan underfunding and possible solutions
Attend the exclusive ENDINVESTOR DINNER with the most influential global investors in hedge funds
Institute for International Research 708 Third Ave New York, NY 10017
An End to the Traditional Exhibit Hall: Introducing The GAIM ROOM High Quality Networking On Each of the 4 Days of the Event
Experience a new meeting environment which will provide a host of places to connect and get business done:
The Lounge
The Newsroom
The Meet up
The Office
The Quickfire
See p.16
Enjoy a unique combination of intimate meetings, facilitated interactions and an extensive menu of high-end networking dinners, cocktail receptions and after hours social events, including: MONDAY TUESDAY WEDNESDAY SUNDAY
SPONSORS
GAIM USA Golf Tournament Boca Sunset welcome Reception The EndInvestor Dinner (Invitation Only)
Gala Cocktail Reception The Late Night Lounge vIP Lunch Tables The Quickfire
One-on-One Meetings Gala Cocktail Reception The BIG GAIMING Night Social vIP Lunch Tables The Quickfire
See p.11
www.gaimusa.com