October 4, What products are we seeing hedge funds getting into? What is the investor appetite for Separately Managed

Transcription

1 October 4, :00 am - 8:50 am Breakfast and Registration 8:50 am - 9:00 am Welcome and Opening Remarks by Conference Chair 9:00 am - 10:00 am The Future of the Business of Hedge Funds: Where Do We Go from Here? Moderator: Michael Saarinen, Partner, Alston & Bird Brendan R. Kalb, Managing Director & General Counsel, AQR Capital Management, LLC Simon Lorne, Vice Chairman, Chief Legal Officer, Millennium Management LLC Andrew Messinger, Co-Head of Legal and Chief Compliance Officer, Magnitude Capital The move away from active management to passive management What products are we seeing hedge funds getting into? What is the investor appetite for Separately Managed

2 Accounts, Funds of One and Smart-beta? Understanding the legal and compliance implications on hedge funds regarding these trends 10:00 am - 11:00 am Fund Structuring Obstacles and Opportunities Moderator: Jason Kaplan, Partner, Schulte Roth & Zabel Marc L. Baum, Chief Administrative Officer, General Counsel and Chief Compliance Officer, Serengeti Asset Management Simon Raykher, General Counsel, Kepos Capital LP Mark Singer, Assistant General Counsel, APG Asset Management US What are we seeing regarding new structures and markets? Where have we seen the most growth? Are more funds competing for the same dollars? What are the structural legal and regulatory challenges of expanding overseas or using different structures for different investors? Consequences of Trump Tax Reform: The Carried Interest Loophole - What does it mean? 11:00 am - 11:30 am 11:30 am - 12:30 pm - How will you have to restructure your funds? Networking Break Overcoming the Regulatory and Legal Hurdles Associated with Marketing and Conducting Business in the UK and EU - CLOSED TO PRESS Moderator: Helen Marshall, Partner, Akin Gump Strauss Hauer & Feld Noah D. Greenhill, Managing Director and General Counsel, Global Investment Management and Alternatives, JP Morgan Asset Management (JPMAM) Cissie Citardi, General Counsel and Managing Director, PineBridge Investments David Fitzgerald, Senior Vice President, General Counsel & CCO, Gabelli & Partners LLC

3 Steps for complying with MiFID II and Safe Harbor in soft dollar agreements Brexit: What does this mean for AIFMD? Will funds that have offices in London need to change offices? Which custodians should be used in Europe? What are the latest AIFMD and other marketing rule updates in various countries? Understanding the trading and filing requirements in these areas Legal and compliance issues related to global distribution: What are hedge funds doing to limit their liability and reputational risk for marketing in foreign jurisdictions? 12:30 pm - 1:30 pm Luncheon

4 1:30 pm - 2:30 pm Dealing and Negotiating with Investors in a Challenging Fundraising Environment: Innovative Product Pricing, Fee Structures and Contractual Terms Moderator: Jonathan P Koerner, Partner and Head of Implementation, Albourne Partners Mimi Gross, General Counsel, Clough Capital Partners LP Brian Guzman, General Counsel, Partner, Indus Capital Partners, LLC Brian Meyer, General Counsel, Fir Tree Partners Carol B. O Donnell, General Counsel and Chief Compliance Officer, Protégé Partners Strategies for addressing the growing pressure to accommodate investors regarding fees while maintaining an effective business model - Albourne s 1 or 30 fee structure: Does this create barriers to entry? Multi-year performance fees What are the new trends in the market concerning side letters and MFN clauses? What terms are investors requesting? What are you allowed to do? What can you grant investors when you can t offer more favorable equity? 2:30 pm - 3:00 pm Networking Break 3:00 pm - 4:00 pm Exploring the Overlap Between Hedge Funds and Private Equity Funds: Opportunities and Challenges Moderator: Bradley Howard, Partner, Sidley Daniel Bradford, General Counsel, Weiss Asset Management LP Cynthia Marian, Formerly General Counsel, Civic Capital Advisors Andrew T. Reardon, Chief Legal Officer, HealthCare Royalty Partners

5 Rajesh Swaminathan, Partner and General Counsel, Jasper Ridge Partners Why does private equity continue to be attractive? How are private equity funds structured to execute their investment agenda? What are the applications in the hedge fund arena where structures are oriented towards illiquidity? What type of hedge fund has the capability to hold illiquid investments and pursue them? - Side pockets - Liquidity issues Regulatory commonalities between hedge funds and private equity funds 4:00 pm - 5:00 pm Roundtable 1: FCPA: Lessons Learned from Recent Cases Moderator: Tram Nguyen, Partner, Paul Hastings Moderator: Palmina Fava, Partner, Litigation: Investigations & White Collar Defense Practice, Paul Hastings LLP Roundtable 2: Anatomy of a Hedge Fund Blow-Up and Surviving Litigation in the Aftermath What You Need to Know Now Moderator: John D Agostino, Managing Director, DMS Governance Moderator: Mary-Olga Lovett, CoRegional Operating Shareholder, Greenberg Traurig, LLP Roundtable 3: Tipper X: A Case Study into Hedge Fund Insider Trading Moderator: Tom Hardin, CEO and Co-Founder, Tipper X Advisors LLC Tom Hardin shares his story as Tipper X and reflects on his first year of hedge fund presentations. From his Roundtable 4: Third Party Vendor Management and Due Diligence Moderator: Joanna Fields, CEO & Founding Principal, Aplomb Strategies Moderator: Vivian Maese, Partner, Latham & Watkins, LLP

6 former analyst perspective, he will lead a discussion on hedge fund compliance best practices for preventing insider trading activity. Areas covered will include: Management meetings Measures to include within your compliance program to avoid corruption Sell-side research Analyst relationships and communication How the current SEC administration and Justice Department are working to combat corruption Data scraping and semiprivate data Expert networks Sponsored by: Paul Hastings Political consultants Caught in the wake of what was, at the time, the largest hedge fund blow up in history (Amaranth Advisors), a smaller, competing hedge fund sustained massive losses and was forced to close down. We will examine the series of events that led to and immediately followed these events, along with an examination of the ensuing (unsuccessful) investor lawsuit and how the investment manager and their legal team unraveled a complex series of facts almost a decade later to successfully defend against claims. How should this be approached? What do you need to look out for? What are fund managers doing? Ensuring your vendors are taking the necessary cybersecurity precautions and knowing how to evaluate your own cyber providers Sponsored by: Aplomb Strategies

7 Sponsored by Greenberg Traurig 5:00 pm - 6:00 pm Cocktail Reception Sponsored by: Kessler Topaz Meltzer & Check, LLP October 5, :00 am - 8:40 am Breakfast and Registration 8:40 am - 8:45 am Sponsored by: RPN Executive Search Consultants Welcome Back from Conference Chair 8:45 am - 9:45 am Shedding Light on the Exam and Enforcement Landscape Under the Trump Administration Moderator: Tram Nguyen, Partner, Paul Hastings Irshad Karim, Counsel and Chief Compliance Officer, Lion Point Capital Bruce Karpati, Managing Director, Global Chief Compliance Officer, KKR Kevin Kelcourse, Associate Director for the Office of Compliance Inspections and Examinations, SEC Now that we are approaching the one-year mark of the new administration, what has changed? How are hedge funds being impacted? What are the latest SEC mandates, goals and regulatory priorities? Anecdotal evidence of SEC and NFA exams and enforcement actions under the new regime: What to expect How will big data be used by the new administration and how will this impact enforcement? 9:45 am - 10:45 am New Regulatory Developments: How to Avoid the SEC s Common Compliance Deficiencies and Respond to Examiners

8 Moderator: Robert E. Plaze, Partner, Proskauer Cynthia Aragon, Chief Compliance Officer, Altegris Michael Neus, Senior Fellow, Program on Corporate Compliance and Enforcement, New York University School of Law Karen L. Shapiro, Chief Compliance Officer, ZAIS Group, LLC Compliance Rule Regulatory filings Code of Ethics Rule Book and Records Rule Sponsored by Proskauer 10:45 am - 11:00 am Networking Break 11:00 am - 12:00 pm The Regulators Aren t the Only Eyes On Your Compliance Program: Successfully Responding to Increased Investor Scrutiny Moderator: Nicole Kalajian, Counsel, Stradley Ronon Andrew Dominus, General Counsel & Chief Compliance Officer, Seer Capital Management, LP Maura Harris, Head of Due Diligence, Bostwick Capital Michael R. Schwenk, General Counsel & Chief Compliance Officer, NWI Management LP Laura Torrado, General Counsel, Chief Compliance Officer and Human Resources Director, Knighthead Capital Management, L.L.C.

9 What investors look for when evaluating a fund manager s compliance practices Opportunities for in-house counsel and compliance officers to add value and reduce risk How to select and oversee a compliance consultant 12:00 pm - 12:45 pm Luncheon 12:45 pm - 1:45 pm What Hedge Fund Counsel and Compliance Officers Need to Know About the SEC Custody Rule in CLOSED TO PRESS Moderator: Richard Marshall, Partner, KattenMuchinRosenman LLP

10 David Campbell, Chief Compliance Officer and General Counsel, Silvercrest Asset Management Group LLC Megan Vesely, General Counsel and Corporate Secretary, Sigma Analysis & Management Ltd. Ronen Voloshin, Chief Compliance Officer and Deputy General Counsel, Monarch Alternative Capital Breaking down the complications of the rule Understanding and complying with the latest guidance as per the Five Most Frequent Compliance Topics Identified in OCIE Examinations of Investment Advisers Tools for addressing the technical difficulties the industry faces when applying the custody rule 1:45 pm - 2:45 pm Tools and Procedures to Manage Cybersecurity Risk and Reduce SEC Violations

11 Moderator: Stephen A. Weisbrod, Partner, Weisbrod Matteis & Copley PLLC Marshall Terry, Esq., Managing Director, Chief Operating Officer and Chief Compliance Officer, Rotation Capital Management, LP Serina Vash, Executive Director, GRC and General Counsel, RANE (Risk Assistance Network + Exchange) Mark Sangster, Vice President and Industry Security Strategist, esentire Inc. Takeaways from the SECs 2016 sweep exams Understanding the New York State Department of Financial Services Cybersecurity Regulation (DFS Rule) - Does it or does it not apply to investment advisors? - Even if it is not a requirement for investment advisors, to what extent will this legislation become a best practice for investment advisors to follow? Sponsored by Weisbrod Matteis & Copley:

12 Sponsored by esentire: 2:45 pm - 3:00 pm Networking Break 3:00 pm - 4:00 pm The Ethics of Using Big Data as an Information Channel: Exploring the Legal and Compliance Framework - CLOSED TO PRESS Moderator: Mark K Schonfeld, Partner, Gibson Dunn Matthew H. Bloom, Chief Compliance Officer & Associate General Counsel, Viking Global Investors LP Betsy Thedford, Deputy Chief Compliance Officer/Counsel, Highfields Capital Management LP Steven Rosen, Former Chief Compliance Officer, Surveyor Capital How hedge funds benefit from using consumer-related big data (credit card statistics, healthcare data, satellite images, drones) to help make investment decisions Understanding and protecting yourself against the legal, compliance and ethical implications associated with: - Obtaining material, non-public information that can be construed as insider trading - Data privacy

13 - Information security - Using social media to receive input regarding your investment process 4:00 pm Powered by TCPDF ( Conference Adjourns