2019 Members Only Series – Part One

When:
March 28, 2019 @ 3:45 PM – 6:00 PM America/Chicago Timezone
2019-03-28T15:45:00-05:00
2019-03-28T18:00:00-05:00
Where:
111 S. Wacker, Chicago, IL
29th floor
Cost:
Free
Contact:
Dee Farris
8472231234

2019 Members Only Series

The Shifting Bedrock of the Financial Markets – Public vs Private Securities

The financial markets are being buffeted by ever-changing economic and political news at a time when long-term demographics are changing the demand mix for financial securities and corporate financing sources are shifting. Helping investors navigate these sometimes cyclonic and seemingly unpredictable winds makes investment knowledge and perspective an even more important skill-set. Join us as we delve into the dynamics affecting the various types of securities and strategies that make up institutional investor portfolios when we bring together experts in the field to discuss their views on the near and longer term implications of current events as well as longer-term trends.

Equities – Public vs. Private

In our first session we’ll explore a variety of trends in the equity markets both public and private. Today companies are waiting longer to go public causing a reduction in the number of companies available for a small cap strategy to invest while providing a longer runway for private equity and venture cap. The opening up of China onshore markets dramatically changes the opportunity presented by “emerging markets”. US equity valuations are high and the synchronicity of stock moves is starting to disintegrate – has passive management run its course?

MODERATOR:
Angela Miller-May, Chief Investment Officer, Chicago Teachers’ Pension Fund

Angela Miller-May currently serves as the Chief Investment Officer for the Chicago Teachers’ Pension Fund, a $10.8B pension fund that services a membership of over 66,000 active and retired Chicago Public School teachers. She focuses on providing strategic portfolio construction, excellent manager selection and rigorous due diligence and provides leadership to a staff of nine in meeting CTPF’s investment goals.

Prior to serving as the Chief Investment Officer, she acted in several progressively responsible positions at CTPF, including Director of Investments, Portfolio Manager-Alternatives and Investment Operations Analyst-Risk Management. In these roles, she was responsible for many aspects of investment management including monitoring alternative investment managers (real estate, infrastructure, private equity and hedge fund-of-funds), and insuring contractual, compliance, fiduciary and investment responsibilities were met.

Ms. Miller-May serves as a member of the National Association of Securities Professionals (NASP) Africa Institutional Investors Advisory Council, the National Conference on Public Employee Retirement Systems (NCPERS) CIO Summit Advisory Faculty and the Investment Committee of St. Ignatius College Prep, Chicago, IL.

Ms. Miller-May earned her M.B.A in Accounting from DePaul University and her B.A. in Economics from Northwestern University.

PANELIST:
Amy Hauke – Director, Private Wealth Advisor, Bank of Montreal

Amy is a Director on the BMO Wealth Management private equity team. She will manage relationships with a select number of clients and works out of the BMO’s Chicago office. Previously Amy spent ten years as a private markets institutional investment consultant and researcher focused on fund due diligence at Aon Hewitt Investment Consulting. At Aon, Amy advised endowments, foundations, pension funds, and sovereign wealth funds on private markets portfolio construction and global fund selection. Aon Hewitt advises on more than $4.7T in institutional capital.

Prior to joining Aon Hewitt, Amy was a private equity analyst at McKinsey & Company, providing limited partner and private equity firm clients with in-depth private equity research and analysis. In addition, she served as a Summer Associate at Coller Capital, specializing in secondary transaction analysis and deal sourcing. Amy completed an internship with Campbell Lutyens focused on fund marketing and institutional investor relationship management.

Amy received her B.S. degree from Cornell University and has an M.B.A. degree in finance from the University of Chicago, Graduate School of Business.

PANELIST:
Nancy Prial, CFA – Co-Chief Executive Officer & Senior Portfolio Manager, Essex Investment

Nancy is the portfolio manager for the micro, small, and SMID growth strategies. Prior to joining Essex in 2005, Nancy spent six years at Burridge Growth Partners as the Chief Investment Officer and Senior Vice President responsible for the SMID and Small Cap Growth Strategies. The Essex Small Cap Growth Strategy was launched and developed by Nancy in 2001 while at Burridge. Previously, Nancy spent four years as a Senior Vice President and Senior Portfolio Manager at American Century Investors where her responsibilities included leading the team that managed the Heritage Fund. Nancy began her career at Frontier Capital Management in 1984 where she served as both a fundamental analyst and portfolio manager in the small and mid cap area. Nancy earned a B.S. in Electrical Engineering and a B.A. in Mathematics from Bucknell University and an M.B.A. from Harvard Business School. Nancy serves as a trustee for Bucknell University and is the Chair of the Finance Committee. In addition, Nancy is on the executive board of the Evanston Art Center and is active in the CFA Society of Chicago where she serves in the Education Advisory Group.

 

PANELIST:
Elizabeth Tulach – Managing Director – Investment Strategy, The Boeing Company

Elizabeth M. Tulach is the Managing Director – Investment Strategy for The Boeing Company and is responsible for overall pension plan strategy, asset allocation and the Private Equity and Hedge Funds programs.  She spent the first six years at Boeing as the Managing Director – Alternatives and was responsible for the growth and development of the Hedge Funds, Private Equity, Real Estate and Real Assets programs.  Prior to joining Boeing in November 2005, she was a Senior Vice President at GE Capital where she focused on both Private Equity Fund and Direct Equity investing.  From 1995 to 2002 she was a member of The University of Chicago Office of Investments and for the last three years of her tenure, the Assistant Vice President and Director of Private Equity.  Ms. Tulach received an M.B.A. from The University of Chicago and a B.S. degree in Accountancy from Northern Illinois University.  She is also a CFA Charterholder.

 

PANELIST:
Suzanne Yoon – Managing Partner, Kinzie Capital Partners

Suzanne Yoon is the Founder and Managing Partner of Kinzie Capital Partners where she oversees all facets of the firm’s investment activities, fundraising and operations. Suzanne launched Kinzie as part of a long-standing vision to better help unlock value for lower middle market companies. With nearly 20 years of first-hand, in-the-trenches experience in investing in and advising middle market companies, Suzanne has led and closed more than $3 billion in middle market deals and has walked alongside owners in their transition of growth, troubles and generational shifts.

Prior to Kinzie, Suzanne was a Managing Director of Versa Capital Management, during which she received the “40 Under 40 Dealmakers” award from M&A Advisor in 2013.  Suzanne also served as a Senior Vice President of CIT Group, co-founded LaSalle Bank/ABN AMRO’s Corporate Restructuring Group and held positions in distressed loan portfolio management and advisory at LaSalle Bank’s and Ernst and Young’s Corporate Finance and Restructuring Advisory groups, respectively.

Ms. Yoon believes in the diversity of experiences and thought and civic engagement, and puts this belief into action through active board service. Past and current board service includes: National Philanthropic Trust, New Coast Foundation, Private Equity’s Women Investor Network (PEWIN), Women’s Association of Venture & Equity (WAVE), Turnaround Management Association (TMA) and American Bankruptcy Institute. She is active in Chicago community activities, including her service to the HFS Chicago Scholars Board, a not-for-profit organization that serves economically disadvantaged Chicago inner-city high school students by providing scholarships to private high schools and one-on-one mentoring.

Suzanne received her Bachelors in Economics from the University of Iowa and is an Executive Scholar of Northwestern’s Kellogg School of Management.


Click Here to Register!

The panel will be held from 4:00-6:00 PM and will be followed by a cocktail reception.

Registration is required.