Explore the universe of closed-end funds, interval funds, business development companies and more at the annual Active Investment Company Alliance Roundtable!
The conference, now in its sixth year, is packed with informative panels, engaging speakers, and valuable networking opportunities with fund sponsors, asset managers, institutional investors, RIAs, and financial advisors active in the closed-end fund space. Get up to date on the latest trends, developments, and investment strategies. Previous panels have explored everything from activism to closed-end fund structure to the rise of interval funds.
The all-day event will be held on Wednesday, November 13, 2024, in New York City at the DownTown Association, a social organization dating back to 1859.
AICA is known for combining high-quality, advisor-centric content, distinguished by its invited speaker presentations (our speakers aren’t paid to speak) that enable meaningful discussion and interaction. AICA also sponsors the weekly NAVigator Podcast. True to our motto — Excellence Beyond Indexing — AICA strives to help grow relationships for institutional investors, advisors, service providers, and fund sponsors within the industry.
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| CEF Advisors & CEFData.com | abrdn | Katten |
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Be an AICA event sponsor!Sponsorship opportunities – Click here |
| Oppenheimer | Wallach Beth |
| Chuck Jaffe on the NAVigator Podcast | . | ||
| Nishil Mehta on Credit Markets | . | ||
| Kevin Dockrell on Global Markets | . | ||
| Larry Antonatos on Real Estate and Infrastructure Investing | . | ||
| Axel Merk on Gold Mining Investing | . | ||
| Jim Baker on Infrastructure Investing | . | ||
| Mark Milner on Parametric, Muni CEFs | . | ||
| Aaron Rosen on AOG Institutional Fund | . | ||
| John Cole Scott on Post-Election CEF Impacts | . | ||
| John Cole Scott on AICA’s 2024 Fall Roundtable | . | ||
| Larry Holzenthaler on Private Credit | . | ||
| Dana Staggs on BANX, Interest Rates | . | ||
| Aaron Morris on Control Share Bylaws | . | ||
| Stephen Davis on the State of CEFs | . |
We appreciate your feedback
Agenda – 7 CE Credits approved
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| John Cole Scott, Founder – Active Investment Company Alliance |
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| Moderator Arie Heijkoop, Partner – Haynes and Boone |
Speaker #1 Kristopher Pritchett, Managing Director and Portfolio Manager – Ares |
Speaker #2 Christopher Remington, Managing Director – Morgan Stanley Investment Management |
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| Moderator Alexander Reiss, Director, CEF Analyst – Stifel Financial |
Speaker #1 Miguel Laranjeiro, Investment Director – abrdn |
Speaker #2 Ryan McDonald, Portfolio Manager – BlackRock |
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| Moderator Roxanna Islam, Head of Sector & Industry Research – TMX VettaFi |
Speaker #1 Jim Baker, Managing Partner & Co-Head, Energy Infrastructure – Kayne Anderson |
Speaker #2 Josh Duitz, Head of Global Income – abrdn |
Speaker #3 Axel Merk, President – Merk Investments LLC |
Speaker #4 Larry Antonatos, Managing Director and PM – Brookfield |
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| Moderator Rosey Valencia, Head of National Accounts – Destra |
Speaker #1 Cory Johnson, CEO – Pender Capital |
Speaker #2 Michael McGrath, Executive VP, Head of Product – BlueRock |
Speaker #3 Aaron Rosen, Portfolio Manager – AOG Institutional Fund |
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| Moderator Johnathan Rickman, Financial Journalist – AICA |
Speaker #1 Kevin Dockrell, CFA®, Institutional Portfolio Manager – RBC BlueBay |
Speaker #2 Larry Holzenthaler, Managing Director, PM – First Eagle Alternative Credit |
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| Moderator Vlad M. Bulkin, Partner – Katten |
Speaker #1 Dana Staggs, President – ArrowMark |
Speaker #2 Rushabh Vora, Managing Director – FS Investments |
Speaker #3 Nishil Mehta, Managing Director – Carlyle |
Speaker #4 Michael Reisner, co-President and co-CEO- CION Investment Group |
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| Moderator Ken Burdon, Partner – Simpson Thacher & Bartlett LLP |
Speaker #1 Mark Milner, Senior Investment Strategist – Parametric |
Speaker #2 Ryan Paylor, Portfolio Manager – Thomas J. Herzfeld Advisors |
Speaker #3 John Cole Scott, President, CEF Advisors |
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| Moderator Amy Charles, Managing Director, CEF Research – Raymond & James |
Speaker #1 Stephen Minar, Managing Director, Closed-End Funds – BlackRock |
Speaker #2 Andrew Hall, Senior Managing Director – Nasdaq |
Speaker #3 Finbar Ward, CFA, Executive Director – Morgan Stanley |
Speaker #4 Stephen Davis, Product Specialist, CEF – Nuveen |
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| Moderator Chuck Jaffe, Host – MoneyLife |
Speaker #1 Mike Taggart, Closed-end Fund Specialist – abrdn |
Speaker #2 Ron Mass, CFA, Managing Partner – Almitas Capital |
Speaker #3 Brian H. Schaffer, Partner – Prosek Partners |
Speaker #4 Aaron T. Morris, – MORRIS KANDINOV |
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| John Cole Scott CIO at CEF Advisors, Founder of CEFData.com |
Note: Agenda & Speakers are Subject to Change. Attending the conference in person gives AICA permission to use your likeness in replay content and marketing materials.
John Cole is proud to lead CEF Advisors and continue the legacy of his father, George, a pioneer in closed-end investments who bought into the firm in 1996. After earning his bachelor’s degree from William and Mary, John Cole joined his father at the firm in 2001, launching his own rewarding and distinguished career.
Today John Cole is regarded as one of the foremost experts in the industry, and is frequently consulted by investment groups, professional organizations, and the national financial press for his deep insight and knowledge about closed-end fund (CEF), business development company (BDC), and interval fund data, research, and investing. Highly motivated and goal-oriented, he is driven by his passion for the industry, building meaningful connections with people, and a deeply personal aspiration to do hard things well.
In 2008, John Cole founded CEFData.com, a data service now covering all U.S. listed and non-listed CEFs, BDCs, and interval funds. In 2019, he also founded the Active Investment Company Alliance (AICA), and serves as its executive chairman. John Cole holds the FINRA 66 license and the Certified Fund Specialist® (CFS®) designation.
A Richmond native, John Cole, his wife Katherine, and daughter Lexi call Short Pump home. An active supporter of his alma mater, John Cole serves on the board of the William & Mary Foundation and is a board member of the William & Mary Alumni Association. He is also a long-time member of the Richmond Association for Business Economics (RABE) and is Treasurer and Co-Chair of the Investment Committee for The New York State Society of The Cincinnati. John Cole founded an acapella group in college and still loves singing karaoke today.
Patrick K. Thomson works on Virtu’s expansive ETF desk and focuses on Equites, Fixed Income ETF’s and bonds. Patrick’s responsibilities include block market making and transition trades in ETF’s, working with issuers on developing new and managing existing ETFs, while trading an ETF’s for a firm that see’s 20% of retail ETF volume in the United States.
Over the last 7 years, Patrick and Rich Mauro have built a Fixed Income ETP franchise, providing transparent trading solutions for clients with an emphasis on total cost of execution. Patrick was Europe the last 3yrs helping expand the businesses there. Known for its global scale, competitive liquidity, and transparent execution service, Virtu’s disclosed and customized offerings are built on the quality of its liquidity and accountability to the relationship. Over the past decade, Virtu has become one of the largest global liquidity providers in equities, ETPs, foreign exchange, fixed income, and commodities such as energy, metals, and softs.
Patrick started his career in ETP’s at their “birthplace” on American Stock Exchange in 2000. Over the next 11 years at Goldman Sachs, Patrick participated in the rapid expansion of ETP’s as a trader on both the AMEX and NYSE. During that time, his initial focus on domestic and international equities shifted to the fixed income and commodity space as his role evolved from low-latency, principal trading to client facilitation.
He formerly defended financial services firms and public companies at Skadden, Arps, Slate, Meagher & Flom.
Aaron maintains an active pro bono practice, and has represented clients from local pizza shops to non-profit board members.
He writes frequently about developments relating to investment funds and corporate governance.
Chip is a Senior Vice President of Business Development at AOG Funds. He has been in the investment management business for more than 30 years and has been active in both traditional and alternative investments. During his career, he has worked with a diverse set of investors including institutional organizations and their consultants, private wealth advisors, and family offices.
Chip has served as Treasurer and is currently an active member of Masonic University Lodge #51 in Philadelphia, PA.
Chip completed his undergraduate work at Dickinson College with a B.A. in Classical Studies and earned his MBA at The University of North Carolina at Chapel Hill with a concentration in Finance. He currently holds the Series 7 and 63 FINRA Licenses.
Chip lives with his wife, Lenka, in suburban Philadelphia, and their daughter, Alex, is pursuing her Master’s Degree in Political Science at University College London.
Previously, Aaron served as Director & Principal, applying his financial and investment industry expertise to both the Sky & Ray Family Office and Copia Wealth Studios platform. Prior to that, he was a Managing Director and Portfolio Manager for Validus Growth Investors, LLC, a boutique investment management firm. There, he spent extensive time institutionalizing and managing a 1940 Investment Company ActRegistered Interval Fund focused on illiquid alternatives. Prior to Validus, he provided research and asset allocation services in senior analyst roles at a broker dealer, a family office, and a hedge fund, as well as serving as a co-founder of a digital media startup company.
Aaron graduated magna cum laude from the Honors Program of Boston University with a BSBA in Finance and minor in Economics. He is a Chartered Financial Analyst CFA® and holds an IAR registration with AOG and previously held 7, 63 securities registrations. He also serves part-time on several external advisory and board roles and is a frequent speaker and panelist at various conferences and events.
Outside of AOG, Aaron resides in southern California with his girlfriend and dog. He spends as much of his free time outdoors as he can, and is an avid professional sports fan, with strong allegiances to the New England sports teams he grew up watching.
Brian Schaffer has 25 years of special situations experience providing corporate, transaction, crisis and investor communications counsel to senior management teams and boards of directors. He has helped position numerous M&A transactions, hostile takeover attempts, proxy contests (operating companies and funds), corporate and sovereign bankruptcies and restructurings, asset divestitures and public company listings.
Within the CEF industry, Brian has supported over twenty fund complexes in nearly 100 separate contested situations over the past decade. Prosek is currently involved in 86% of active CEF proxy contests. In addition, Brian has been involved in all litigation of consequence since the repeal of the Boulder Letter.
Michael A. Reisner serves as co-Founder, co-President and co-Chief Executive Officer of CION Investment Group, LLC, as well as co-President and co-Chief Executive Officer of CION Investment Corporation (CIC), CION Ares Diversified Credit Fund (CADC) and CION Grosvenor Infrastructure Fund. He also serves on the Investment Committee of CIC and Investment Allocation Committee of CADC.
Before co-founding CION in 2012, Mr. Reisner held positions of increasing responsibility at its predecessor company, including serving as co-Chief Executive Officer from 2008 to 2012, Chief Financial Officer from 2007 to 2008, Executive Vice President — Originations from 2006 through 2007 and Senior Vice President and General Counsel from 2004 through 2006. Earlier in his career, Mr. Reisner was an attorney in private practice in New York from 1996 to 2001. Mr. Reisner serves on the Boards of both CIC and CADC and served on the Board of the Institute for Portfolio Alternatives (IPA) from 2018 to 2021.
Mr. Reisner received a J.D., cum laude, from New York Law School and a B.A. from the University of Vermont.
Stephen is a closed-end fund product specialist at Nuveen. He works closely with the firm’s US Wealth Sales Teams, and the financial professionals they serve, providing insights and information to help advisors better understand and evaluate closed-end funds trading in the secondary market.
Prior to joining Nuveen in 2022, Stephen was a Vice President at Cantor Fitzgerald, where he was responsible for the sales and trading of all U.S.- listed closed-end funds for the firm’s institutional client base. Before joining Cantor Fitzgerald, Stephen worked in London, first as an Investment Companies Analyst and later in Sales, focusing on the U.K. Closed End Investment Companies Sector.
Stephen graduated with a B.Sc. in Applied Economics from the University of Plymouth (U.K.), and holds the FINRA series 7 and 55
registrations.
Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Nuveen has $1.3 trillion in assets under management as of 30 Sep 2024 and operations in 27 countries. Its investment specialists offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies.
Nuveen is a leading sponsor of closed-end funds (CEFs) with $54 billion of assets under management across 45 CEFs as of 30 Sep 2024. The funds offer exposure to a broad range of asset classes and are designed for income-focused investors seeking regular distributions. Nuveen has more than 35 years of experience managing CEFs.
Larry Holzenthaler is a managing director, portfolio manager and senior alternatives strategist at First Eagle Alternative Credit, responsible for the day-to-day implementation and management for several of FEAC’s strategies alongside the portfolio management team and FEAC’s chief investment officer. Larry is also an alternative credit market expert, working closely with First Eagle US Wealth Solutions and other channels to provide investors insights on FEAC’s investment positioning, market views and products. He also provides market education to clients, creates investment-related content, and develops new products within alternative credit. Prior to joining First Eagle in November 2023, Larry was a managing director and investment strategist at Nuveen Asset Management, and prior affiliate Symphony Asset Management, where he represented Nuveen and Symphony’s investment teams externally and assisted with product management and investment content within the corporate credit market. Before that, he was an analyst on Symphony’s credit investment team where his research focused on the marine transportation sector. Larry earned a BS in finance from Arizona State University.
First Eagle Investments is an independent, privately owned investment management firm headquartered in New York with approximately $149 billion in assets under management as of September 30, 2024*. Dedicated to providing prudent stewardship of client assets, the firm focuses on active, fundamental and benchmark-agnostic investing, with a strong emphasis on downside mitigation. With a heritage dating back to 1864, First Eagle strives to help clients avoid permanent impairment of capital and earn attractive returns through widely varied economic cycles. The firm’s investment capabilities include equity, fixed income, alternative credit and multi-asset strategies.
Christopher is a managing director of Morgan Stanley Investment Management Fixed Income, an institutional portfolio manager and head of fixed income product and portfolio strategy. Chris is responsible for market research and analysis, advancing the firm’s managed strategies through thoughtful investment communications and insights on the credit markets. He joined Eaton Vance in 2008. Morgan Stanley acquired Eaton Vance in March 2021. Chris began his career in the investment management industry in 2002. Before joining Eaton Vance, he was affiliated with Fidelity Investments as a fixed-income product specialist. He was responsible for product strategy, investment communications and client portfolio management for Fidelity’s suite of fixed-income investment capabilities.
Arie Heijkoop is a partner in the Investment Management Practice Group in Haynes Boone’s Washington, D.C. office. His practice focuses on advising asset managers and fund sponsors, registered funds, and trusts, and independent directors on various legal, transactional, and compliance matters. Arie routinely advises fund management on a range of operational activities, including the formation, operation, merger, and liquidations of open- and closed-end mutual funds, ETFs, variable insurance products and business development companies.
Arie’s experience includes representing open-end registered funds and their board members in the financial services industry about routine and non-routine issues, such as new and ongoing compliance matters, disclosure issues, reorganizations of funds and investment advisers, engagement with the Securities Exchange Commission and other regulators. He also advises closed-end fund managers and their independent directors on offerings, proxies, tender offers, investor interactions, and co-investment transactions.
Founded in 1970, Haynes and Boone, LLP is among the fastest-growing firms in the Am Law 100, providing a full spectrum of legal services across multiple sectors, including corporate, energy, financial services, real estate, restructuring, litigation, intellectual property and specialty transactions. The firm’s nearly 700 lawyers practice across 19 global offices in California, Colorado, Illinois, New York, North Carolina, Texas, Virginia, Washington, D.C., London, Mexico City and Shanghai.
Our Investment Management Practice is comprised of a sophisticated group of lawyers regularly assisting with the formation and on-going operation of investment funds engaging in a broad spectrum of investment activities from general investment in listed stocks to targeted acquisitions in a wide variety of industries, including in technology, digital assets, energy, real property, venture, businesses or investments. We keep up to date on the latest legal and market developments and work collaboratively with other practice areas to help clients anticipate emerging issues and implement strategies. We represent both domestic and offshore investment vehicles and serve as lead outside counsel to numerous investment funds who combined have tens of billions of dollars in assets under management. Our lawyers have knowledge in corporate-securities, partnership, tax, ERISA, international, venture capital, real estate, employment, finance, blockchain, cryptocurrency and litigation issues that affect all types of investment funds.
Prior to joining Carlyle, Nishil was a Managing Director at First Eagle where he was the co-portfolio manager for the firm’s structured credit investments. Prior to joining First Eagle, Nishil was a Managing Director at Prospect Capital where he was responsible for the firm’s $2.5 billion of investments in CLO mezzanine debt and CLO equity.
He was also the Head of Capital Markets spearheading over $8 billion of debt and equity capital raised for the firm’s 1940 Act funds. Earlier in his career, Nishil worked at CIT Asset Management and Wachovia Securities.
Nishil received his BBA from Goizueta Business School at Emory University with Honors.
Joined the firm in 2012. Industry start date 2004. He is also responsible for trading and analysis of the firm’s strategies. Ryan spent eight years at JP Morgan Chase in New York on the FX Derivatives Operations team and FX Forwards Group. He led multiple projects implementing new trading and risk applications, new derivative pricing models, and streamlined end of day P&L processes. He has been interviewed by many financial publications such as Bloomberg, The Wall Street Journal, The Financial Times and more.
Williams College, B.A. in Political Science
Member of Miami Committee of Friends of Caritas Cuba
Stephen Minar, Managing Director, is a member of BlackRock’s U.S. Wealth Advisory business, focusing on closed-end fund product management, development and strategy.
Prior to joining BlackRock, Stephen worked in Global Capital Markets at Morgan Stanley where he was primarily responsible for the structuring and sale of closed-end fund initial public offerings and secondary market capital issuance. In a previous role at Morgan Stanley, Stephen was a research analyst covering both closed-end funds and exchange-traded funds.
Stephen earned a BA degree in Finance from Xavier University.
Brookfield Oaktree Wealth Solutions offers institutional-caliber alternative investment offerings to investors via their financial advisors. Our solutions are built to meet the varying needs of individual investors, and they are coupled with market and investment insights based on our unique products and portfolio expertise. We offer specialized support for financial advisors and their clients, built on a foundation of investment excellence, integrity and alignment of interests. We share a long-term, value-driven and contrarian investment style, rooted in rigorous risk management processes — and our market knowledge and in-depth operating experience give us an edge.
Vlad Bulkin understands the unique needs of business development companies (BDCs), registered closed-end funds (CEFs) and private investment funds. From fund formation to capital raising activities, he brings industry-leading experience to clients at any stage. He has extensive transactional experience, including public and private securities offerings and strategic transactions.
Capital markets experience backed by strong regulatory knowledge
Vlad taps into his deep regulatory and transactional knowledge to advise a broad range of clients, including BDCs, CEFs, private investment funds and other financial services firms. Vlad is well positioned to counsel managers of BDCs, CEFs and private investment funds on establishment and operational matters, as well as regulatory and compliance with the Investment Company Act of 1940 and the Investment Advisers Act of 1940. He regularly works with alternative investment managers on developing various capital structures.
Vlad frequently works with issuers and underwriters on a broad range of public and private offerings of equity and debt securities. His experience includes initial public offerings (IPOs), Rule 144A offerings, shelf offerings, at-the-market offerings (ATMs), registered direct offerings, high-yield bond offerings, convertible debt offerings and rights offerings.
Public companies rely on Vlad to help navigate corporate governance and compliance matters. He regularly advises on Securities and Exchange Commission (SEC) reporting obligations and other securities laws, including Section 16 compliance, Rule 10b5-1 plans, the Sarbanes-Oxley Act of 2002, Rule 144 and the listing requirements of the NYSE and NASDAQ.
Ryan McDonald, CFA, Managing Director, is Head of the Municipal High Yield Franchise and a Portfolio Manager in BlackRock’s Portfolio Management Group. He is also a member of the Municipal Management Committee, which oversees all municipal bond portfolio management, research and trading activities. Prior to becoming a Portfolio Manager, Mr. McDonald was a high yield credit research analyst with a particular focus on distressed securities and special situations in the municipal market.
Prior to joining BlackRock in 2014, Mr. McDonald was a vice president at Moelis & Co. where his responsibilities included the analysis of distressed municipal bonds and derivative products. His work also encompassed the analysis of monoline insurers and their various municipal/structured finance exposures. Prior to Moelis, Mr. McDonald was a financial analyst at MAEVA Group, LLC where he was responsible for analyzing state and local pension plans and making restructuring recommendations. Prior to MAEVA, Mr. McDonald spent 8 years at JPMorgan where he worked in both the Public Finance and Structured Credit areas. Mr. McDonald graduated summa cum laude from the University of Notre Dame in 2004.
Prior to joining FS Investments, Mr. Vora was a Managing Director in Macquarie Group’s Principal Finance division, where he focused on sourcing and executing private middle market debt and equity financings. Previously, he was a Managing Director in Macquarie Group’s Credit Solutions Group, which he helped co-found and served as Head of Underwriting. Prior to that, he was a Desk Analyst on Macquarie Group’s Distressed Credit Trading Desk. He started his career in investment banking at Goldman Sachs & Co.
Mr. Vora currently sits on the boards of Salt Creek Midstream, EPIC Midstream, Church’s Chicken and Giving Home Health Care.
He earned a BS in Business Administration, summa cum laude, with a minor in Economics from the University of Southern California.
Jim Baker is a managing partner and co-head for Kayne Anderson’s energy infrastructure strategies, responsible for overseeing the group’s investment strategies. Baker serves as chairman of the board, president and CEO of Kayne Anderson’s publicly traded closed end fund, KYN. Baker joined Kayne Anderson’s energy infrastructure group in 2004 and has acted as a portfolio manager for various funds and separately managed accounts for the last 17 years. He has had increasing levels of management responsibility during his 20-year tenure at the firm and was named as a co-head of the energy infrastructure group in 2019.
Prior to joining Kayne Anderson, Baker was a director in the energy investment banking group at UBS Securities LLC, focusing on securities underwriting and mergers and acquisitions in the energy industry. Baker began his career in the energy investment banking group at PaineWebber Incorporated.
Baker earned a B.B.A. in Finance from the University of Texas at Austin in 1995 and an M.B.A. in Finance from Southern Methodist University in 1997.
In his new role, Mr. McGrath will be responsible for managing Bluerock’s product suite, developing and structuring new investment products for the firm, and capitalizing upon the deepened intellectual capital resources stemming from Bluerock’s partnership with Townsend. His oversight of the product development process will include guiding the launch process at partner firms across the financial intermediary space.
Before joining Destra, Rosey spent 7 years as the National Account Manager for Deutsche Asset & Wealth Management in the Financial Advisor Division. She focused on identifying sales and marketing opportunities to increase the firm’s market share by building relationships with senior executives, regional directors, research analysts, and product managers.
She started her career at UBS Financial Services working over 5 years in various roles in operations, branch administration, and client services before becoming a financial advisor. Her experience in building trust with clients to deliver customized investment solutions expands to her success today with financial advisors and centers of influence.
Rosey is a Certified Investment Management Analyst CIMA®, holds key industry licenses, and a member of The Investments & Wealth Institute. She received her Bachelors of Business Administration in Finance from the University of Notre Dame in 1998 and currently serves on the Mendoza College of Business Advisory Council.
* The amount funded by the Firm and the collateral value provided herein includes any amount invested by predecessor fun ds of the Fund, or any amounts invested by an outside investor.
Adam joined Thornburg in 2014 and was previously a member of the firm’s business development group. Prior to Thornburg, he worked as a business analyst at Los Alamos National Laboratory. Adam graduated cum laude with a BBA in finance from The Sam M. Walton College of Business at University of Arkansas and holds an MBA from New Mexico State University. He is a CFA charterholder.
At Thornburg, we believe unconstrained investing leads to better outcomes for our clients. Our culture is collaborative, and our investment solutions are highly active, high conviction and benchmark agnostic. When it comes to finding value for our clients, it’s more than what we do, it’s how we do it: how we think, how we invest and how we’re structured.
Kenneth Burdon is a Partner in Simpson Thacher’s Registered Funds Practice. Based in the Firm’s Boston office, Ken advises registered investment funds, business development companies (BDCs), investment advisers and other financial services companies and financial institutions on the full spectrum of product development and distribution and related regulatory, compliance and governance issues, as well as M&A, divestitures and split-offs, among other matters. He works with fund sponsors on the development of innovative products and counsels BDCs and closed-end funds on IPOs and other capital raising offerings. Ken also guides fund sponsors and distributors, BDCs and closed-end funds, mutual funds and others in routine and non-routine activities, such as seeking exemptive or no-action relief from the SEC and FINRA. Ken is also a leading voice in the closed-end fund industry on the topics of corporate governance and addressing shareholder activism.
Ken’s work has historically included the development of innovative products and product structures to pursue registered and unregistered alternative strategies for clients including BlackRock and FS Investments. He has also advised the EIM Group (now the LumX Group) on a variety of onshore and offshore products in the private product space. Additionally, Ken has advised financial institutions on transactional activities, including Thrivent, Affiliated Managers Group, The TCW Group, Société Générale, Credit Suisse and Ameriprise, and on associated regulatory and compliance matters.
Ken has been recognized by both Chambers Global and Chambers USA in the Registered Funds category. He was previously named a Rising Star in Registered Funds by IFLR1000, and one of the Rising Stars of Mutual Funds at Fund Action’s Mutual Fund Industry Awards.
Ken received his J.D. in 2007, summa cum laude from Boston University School of Law, where he was an Editor of Boston University Law Review. He received his B.A. from Boston University in 2004, summa cum laude and Phi Beta Kappa. He is admitted to practice in Massachusetts.
Chirag embarked on his career as a Wealth Manager in Asia and later played a pivotal role in launching his firm’s asset management business in the United States. Over the years, he has held key positions in distribution and product roles. In his current role as Head of Intermediary Solutions at Moonfare, Chirag leads the charge in launching the Intermediary business for Moonfare in the US
In the Americas, SMBC Group has a presence in the U.S., Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization’s extensive global network. The Group’s operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Nikko Securities Canada, Ltd., SMBC Capital Markets, Inc., SMBC Rail Services LLC, Manufacturers Bank, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.
Ares Dynamic Credit Allocation Fund, Inc. (“ARDC”) is a closed-end management company that is externally managed by Ares Capital Management II LLC, a subsidiary of Ares Management Corporation. ARDC seeks to provide an attractive level of total return primarily through current income and, secondarily, through capital appreciation. ARDC invests in a broad, dynamically-managed portfolio of credit investments. ARDC’s net asset value may be accessed through its NASDAQ ticker symbol, XADCX. Additional information is available at http://www.arespublicfunds.com.
Ares Management Corporation (NYSE:ARES) is a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, private equity, real estate and infrastructure asset classes. We seek to provide flexible capital to support businesses and create value for our stakeholders and within our communities. By collaborating across our investment groups, we aim to generate consistent and attractive investment returns throughout market cycles. As of June 30, 2023, Ares Management Corporation’s global platform had approximately $378 billion of assets under management, with over 2,600 employees operating across North America, Europe, Asia Pacific and the Middle East. For more information, please visit www.aresmgmt.com.
Ryan Crewe | Vice President, Institutional Relationship ManagerPrior to joining Liberty Street Advisors, Inc., Ryan was Head of Australia & New Zealand at Altive, a venture-backed investment platform providing access to alternative products across pre-IPO, venture capital, private equity and credit. Prior to Altive, he was a Head of Wholesale, HNW and Family Office Distribution at GAM Investments (Australia). His experience has focused on the distribution of alternative investment products to qualified and institutional investors.
Ryan graduated from the University of Technology, Sydney with a BBA in Finance and holds the Chartered Alternative Investment Analyst (CAIA) designation.
The Private Shares Fund seeks capital appreciation by focusing on investments in late-stage, venture-backed private companies. As compared to startups and earlier-stage venture companies, these companies have more established product lines and customer bases, and typically have displayed revenue growth. The Private Shares Fund’s strategy is to participate in the potential appreciation of these dynamic pre-lPO companies.
The Private Shares Fund investment management team monitors an extensive universe of private technology and innovation companies across multiple sectors while staying attuned to significant trends in the marketplace. By utilizing proprietary databases and deep relationships across the venture ecosystem, we look to identify opportunities involving high-performing companies with strong investor syndicates. Each of these companies will undergo an in-depth analysis of many factors that are likely to influence both capital appreciation and the ultimate exit outcome. Once the evaluation process is complete, the investment team will negotiate terms and determine the appropriate allocation based on portfolio construction modeling.
Qualifications
BSc
BS in Finance. Jonathan holds both Series 7 and 63 licenses.
Enabling our clients to be better investors drives everything we do. Our business is structured around three vectors – Investments, Adviser and Personal – focused on their changing needs. Our investments solutions are built on the strength of our insight – generated from wide-ranging research, worldwide investment expertise and local market knowledge. Our teams collaborate across regions, asset classes and specialisms, connecting diverse perspectives, working with clients to identify investment opportunities that suit their needs.
Qualifications:
BA, CFA
George earned a BA in English from the University of Vermont and is a CFA charterholder.
Enabling our clients to be better investors drives everything we do. Our business is structured around three vectors – Investments, Adviser and Personal – focused on their changing needs. Our investments solutions are built on the strength of our insight – generated from wide-ranging research, worldwide investment expertise and local market knowledge. Our teams collaborate across regions, asset classes and specialisms, connecting diverse perspectives, working with clients to identify investment opportunities that suit their needs.
Enabling our clients to be better investors drives everything we do. Our business is structured around three vectors – Investments, Adviser and Personal – focused on their changing needs. Our investments solutions are built on the strength of our insight – generated from wide-ranging research, worldwide investment expertise and local market knowledge. Our teams collaborate across regions, asset classes and specialisms, connecting diverse perspectives, working with clients to identify investment opportunities that suit their needs.
Founded in 2008, Destra Capital was purpose-built to help independent thought leaders achieve better wealth outcomes by sourcing the next generation of investment solutions.To achieve these goals, Destra selects experienced partners with unique investment strategies or services. Mutual funds, interval funds, closed-end funds, separate accounts, and investment services – all are tools that the team uses to help investors intentionally grow their wealth outcomes over time.
More than 15 years later, the firm has helped thousands of investors break away from the pack and blaze their own investing trail. We continue to encourage our clients to challenge the conventional and explore new ways of delivering financial freedom.
Mr. Hardy has been repeatedly selected for inclusion in Chambers Global and Chambers USA, in addition to being named one of Crain’s Chicago Business’ 2022 Notable Gen X Leaders in Law.
Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates delivers the highest quality advice and novel solutions to legal challenges, enabling clients to achieve their business goals. We are known for the innovative and creative thinking we rely on to handle the most complex transactions, litigation/controversy issues, and regulatory matters, as well as the open, collaborative relationships we build with clients, including corporations; financial and governmental entities; small, entrepreneurial companies; and cultural, educational and charitable institutions.
Founded in 2008, Destra Capital was purpose-built to help independent thought leaders achieve better wealth outcomes by sourcing the next generation of investment solutions.
To achieve these goals, Destra selects experienced partners with unique investment strategies or services. Mutual funds, interval funds, closed-end funds, separate accounts, and investment services – all are tools that the team uses to help investors intentionally grow their wealth outcomes over time.
More than 15 years later, the firm has helped thousands of investors break away from the pack and blaze their own investing trail. We continue to encourage our clients to challenge the conventional and explore new ways of delivering financial freedom.
Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Nuveen has $1.1 trillion in assets under management as of 30 Jun 2022 and operations in 27 countries. Its investment specialists offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. Nuveen is a leading sponsor of closed-end funds (CEFs) with $57 billion of assets under management across 56 CEFs as of 30 Jun 2022. The funds offer exposure to a broad range of asset classes and are designed for income-focused investors seeking regular distributions. Nuveen has more than 35 years of experience managing CEFs.
Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Nuveen has $1.1 trillion in assets under management as of 30 Jun 2022 and operations in 27 countries. Its investment specialists offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. Nuveen is a leading sponsor of closed-end funds (CEFs) with $57 billion of assets under management across 56 CEFs as of 30 Jun 2022. The funds offer exposure to a broad range of asset classes and are designed for income-focused investors seeking regular distributions. Nuveen has more than 35 years of experience managing CEFs.
In offering quality alternatives that were previously inaccessible to the individual investor community, XAI not only challenges common views about liquidity, but allows individuals to better align themselves with the institutional approach to investing.
Amy also was the Director of ETF Research until June 2021. Prior to joining Closed-End Fund Research, she spent two and a half years in the Equity Research Department. She has been the Director of Closed-End Fund Research since May of 2000. She holds a B.A. from Florida Metropolitan University. Ms. Charles has been quoted in several publications including Business Week and has been a speaker at numerous conferences throughout the year.
Today, that client-focused approach has extended to serve client accounts through approximately 8,700 financial advisors in the United States, Canada and overseas. Further, the company has expanded through the years to serve corporations, institutions and municipalities through significant capital markets, banking and asset management services.
Douglas Bond, Executive Vice President, is Head of Closed End Funds and a portfolio manager for Cohen & Steers’ Closed-End Opportunity Fund and other portfolios investing in closed-end funds. Before joining Cohen & Steers in 2004, Mr. Bond worked at Merrill Lynch for 23 years. Between 1992 and 2004, he ran their closed-end fund new origination effort and was involved in all closed-end funds underwritten by Merrill Lynch. He also headed Merrill’s Private Client Syndicate Group.
Mr. Bond holds a BA from Hamilton College and an MBA from New York University. He is based in New
York.
Sample Experience: Independent Director / Trustee – abrdn Global Infrastructure Income Fund (ASGI). Former Chairman – Macquarie Global Infrastructure TRF (MGU), Board Risk Advisor – National Bank of Greece, Non-Executive Director – Anglo Irish Bank / IBRC Assurance Corporation, Chairman – National Australia Capital Markets (NACM), Trustee – Institute of International Bankers. Also, EVP / GM / Head of North America / Head of Energy & Utilities – National Australia Bank, Head of North American Strategy Projects – Bank of Ireland, Vice President – Mellon Bank – International, Board Advisor – Ad Fontes Media.
Mr. Sell is the Principal of Edison Holding GmbH, which invests in and advises on commercial real estate and early-stage seed investments in Berlin.
Mr. Sell has over 25 years’ experience as an international banker. His career included stints in New York, Sydney, London, Berlin, and Luxemburg where he was active in global capital markets. While at Landesbank Berlin, in addition to managing a team of proprietary traders engaged in arbitrage strategies, Mr. Sell was an activist investor in closed-end funds. This began his parallel and subsequent career as an independent director.
Growth Fund of Spain (GSP) 1998 – 1999
France Growth Fund (FRF) 2000 – 2004
Abrdn Australia Equity Fund (IAF) 2004 – present
Singapore Fund (SGF) 2011-2018. (Chairman)
Greater China Fund (GCH) 2012-2018
Swiss Helvetia Fund (SWZ) 2017-present. (Lead Independent Director and Audit Chair)
High Income Securities Fund (PCF) 2018 – present
Abrdn Global Income Fund (FCO) 2018 – present
Abrdn Asia Pacific Income Fund (FAX) 2018 – present
He holds a BA in Economics from the George Washington University.
Closed-End Fund Advisors (“CEFA”) is a fee-based Registered Investment Advisory firm founded in 1989.
Closed-End Fund Advisors has its corporate headquarters in Richmond, Virginia.CEFA’s primary business is discretionary asset management. As a global manager of managers, we build portfolios for individual and institutional clients, through either direct work with clients or through financial advisors and planners
Jason Mehring is a Managing Director at BlackRock. He is a voting member and a past Chairman of the investment committee for BlackRock’s US Private Capital Group (“USPC”).Mr. Mehring focuses on the team’s origination, underwriting and monitoring of middle market private investments, including those made on behalf of the Middle Market Senior Fund (“MMSF”), where he is the lead Portfolio Manager, and other public and private investment funds. These investment vehicles offer middle-market companies flexible financing solutions to meet their current and future capital needs.
Jason has over 26 years’ experience in middle market investing including his 15 years’ experience with the USPC team, joining as a Managing Director at BlackRock Capital Investment Corporation’s former advisor in 2005. Mr. Mehring previously spent more than ten years at Banc of America Capital Investors (BACI), an affiliate of Bank of America, Inc., in Chicago, where he held positions of increasing responsibility, becoming a Principal of the firm in 2000. At BACI, Mr. Mehring focused on mezzanine and private equity investing in middle market companies. Prior to joining BACI in 1994, he worked at Firstar Bank, a predecessor to U.S. Bank.
Mr. Mehring received a B.B.A., summa cum laude, in Finance and Economics from the University of Wisconsin Eau Claire, where he also graduated with University Honors, an M.B.A. from the Kellogg School of Management at Northwestern University, and he has served on a variety of private corporate boards.
Jorge Solares-Parkhurst is a Managing Director in JMP Securities’ financial services investment banking group.Prior to joining JMP, Jorge had been a Director in the global financial institutions group at Credit Suisse, where he worked with U.S. specialty lenders and regional banks. He previously served as a Managing Director at FBR Capital Markets and a Senior Managing Director at Bear, Stearns & Co. Jorge began his career in PaineWebber’s investment banking division, remaining with the firm following its acquisition by UBS and concluding his tenure there as a Director in the financial institutions group for the Americas.
Jorge holds a BSFS in international economics from The Edmund A. Walsh School of Foreign Service at Georgetown University.
Kenneth E. Burdon represents public and private investment funds, investment advisers, financial services companies and other financial institutions in connection with the structuring and distribution of investment products, and in a variety of regulatory, compliance, corporate, governance, operational and transactional matters.Serving clients in every major international financial center, Skadden, Arps, Slate, Meagher & Flom LLP and affiliates is one of the leading law firms in the world, with 22 offices and approximately 1,700 attorneys offering solutions to the most challenging legal issues in virtually every area of corporate law.
Vadim Avdeychik advises business development companies (BDCs), mutual funds, closed-end funds, exchange-traded funds (ETFs), hedge funds and their investment advisers on the full range of investment management matters. His experience spans the formation and operation of registered investment companies, alternative fund structures, fund governance, regulatory issues involving public and private funds, ERISA and investment company status issues and exemptions.Vadim also advises clients on environmental, social and governance (ESG) investing, including launching investment products, advising directors on ESG matters and establishing compliance programs for ESG investing. He has authored several articles on the topic and is a frequent speaker on regulatory issues dealing with ESG investing.
Partner & Head of Investments
Rob Watson is a Partner & Head of Investments for Destra. Rob also serves as President of Destra Capital Advisors, LLC and DFC Preferred Advisors LLC, both SEC registered investment advisors, as well as President of each of Destra’s mutual funds. Rob chairs the Firm’s Investment Committee, with responsibility for manager research and selection, as well as portfolio oversight and monitoring. In addition, he heads the Firm’s investment product and marketing efforts.
Rob has held numerous roles across an almost 30-year career in the financial services industry. Rob has run product units at Morgan Stanley & Aviva Investors and been responsible for business development and account management teams at Janus & Van Kampen. He has extensive experience in product design and investment implementation, as well as institutional sales and manager due diligence. He holds key industry licenses, is a CFP® certificate holder, and has a Bachelor of Science degree in Economics from North Carolina State University.
Colin joined Angel Oak in 2012 and serves as a voting member of the firm’s public funds Investment Committee. He is also a speaker on many of the firm’s quarterly calls for both its private and public funds.
Prior to Angel Oak, Colin worked for an Atlanta-based boutique investment firm where he was responsible for the acquisition and management of their distressed debt portfolio, as well as the development of their proprietary financial technology platform. Previously, Colin worked in the Real Estate Capital Markets group for Wachovia Bank and Wells Fargo where he focused on risk management for their commercial real estate REPO lines.
Colin holds B.B.A. degrees in Banking & Finance and Real Estate from the Terry College of Business at the University of Georgia.
Prior to joining Nuveen, Justin led product management and development for Destra Capital. He also served as a member of the firm’s Investment Committee, was an officer for Destra’s suite of mutual funds and led sub-advisor due diligence. Prior to joining Destra, Justin played an integral role in the product management and development of closed-end funds, mutual fund and ETFs at Guggenheim Investments.
Justin graduated with a Bachelor’s degree in Business Administration from the University of Wisconsin-Whitewater. He holds the CFA designation and is a member of the CFA Institute and CFA Society of Chicago.
Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Nuveen has $1.3 trillion in assets under management as of 31 Dec 2021 and operations in 27 countries. Its investment specialists offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information, please visit www.nuveen.com.
Primark is expanding access to private equity investments without the complexity of subscription documents, high investment minimums, and the complex tax treatment associated with traditional institutional private equity fund structures.
During his 20-year career, Mr. Bates worked for several CLO managers and invested over $1.3 billion in CLO securities. He is a frequent panelist at CLO conferences and has written a book on investing in CLO equity.
Prior to joining Cliffwater, Alex was a Managing Director at Monroe Capital, an asset management firm specializing in lower middle market direct lending. Before that, Alex was the Chief Investment Officer at Main Street Financial, with prior experience at Calamos Investments, Lotsoff Capital, Fannie Mae and Freddie Mac.
He earned a BA in Government from Pomona College and an MBA in Finance from Georgetown University. Alex is a CFA charterholder and also holds the CAIA designation..
Chuck Jaffe is a syndicated financial columnist and the host of “Money Life with Chuck Jaffe,” a one-hour weekday financial talk show (moneylifeshow.com).Chuck’s work has been syndicated since 1995, first while based at the Boston Globe and then from MarketWatch.com; he also writes for the Wall Street Journal and elsewhere. A past president of the Society of American Business Editors &and Writers, Chuck has been a frequent guest on CNBC, Nightly Business Report, Fox Business News, National Public Radio and more, and is the author of three books: “Getting Started In Finding a Financial Advisor,” “The Right Way to Hire Financial Help” and “Chuck Jaffe’s Lifetime Guide to Mutual Funds.”
In what is jokingly referred to as “spare time,” Chuck is very involved in the sport of lacrosse as a broadcaster, referee, coach, league owner and player. He lives on Boston’s South Shore with a golden retriever who sleeps under the desk while Chuck is working and whose flatulence issues sometimes explain Chuck’s demeanor.
You can follow him on Twitter @ChuckJaffe, @MoneyLifeShow and, depending on your sporting interests, @BostonBoxLax.
Website: http://www.moneylifeshow.com
Mr. Schlemovitz focuses on strategic relationships and product development. Prior to StepStone, Mr. Schlemovitz served as a Managing Director of CNL Financial Group, a $10 billion asset manager providing access for individual investors to the private markets. At CNL he created and oversaw the firm’s Private Equity platform and was the Chief Operating Officer of Strategic Capital. Previously Mr. Schlemovitz was an Executive Director in Investment Banking at J.P. Morgan where he led equity and debt capital raising and merger and acquisition transactions for Financial Institution clients.
Mr. Schlemovitz received his BA from Emory University and is a CFA charterholder.Conversus Company Profile Blurb:
Conversus is an investment firm designed to provide individual investors the opportunity to access private markets with the goal of transforming portfolios and enhancing long-term outcomes. Conversus is a wholly-owned business of StepStone Group, a global asset management and advisory firm with over $500 billion in assets under advisement. Leveraging StepStone’s extensive experience across the private markets allows Conversus to create innovative, investor-centric products by focusing on convenience, efficiency and transparency.
Mike Taggart, CFA serves as Closed-End Fund Specialist at abrdn, where he is responsible for providing and developing the link between the company’s North American closed-end funds, their investors, advisors, and the wider marketplace.
With more than 10 years of experience covering closed-end funds, Mike has extensive experience leading and supporting product development managers with preparation of proposals and project plans related to new product and/or changes to existing product. Prior to abrdn, Mike covered exchange-traded products, including closed-end funds, at Relative Value Partners. For seven years, he worked on product strategy as Nuveen’s Director of Closed-End Fund Research. Mike started covering closed-end funds at Morningstar, where he advanced from a Senior Equity Analyst to the head of the firm’s US closed-end fund business.
Mike holds a bachelor’s degree from Virginia Tech, a master’s degree in Russian history from the University of Illinois Chicago, and an MBA from Northwestern University’s Kellogg School of Management.
Bill has been a leader on the sales and marketing side of the financial services industry for more than 35 years. He joined Wildermuth Securities in March of 2022 and serves as the company’s field representative throughout the eastern US. He earned his MBA from the University of Notre Dame and his BA from Middlebury College. He currently lives in suburban Chicago.
THE WILDERMUTH FUND provides investors with access to early-stage private equity that has traditionally been reserved for institutional investors. The Fund offers portfolio diversification among early-stage private equity positions in various asset classes including technology, real estate, healthcare, energy, and hedge funds that would be difficult for individual investors to achieve because of typically high minimum investments.
Daniel Wildermuth is the Fund’s portfolio manager. With over 25 years of investment experience, he has been a pioneer in adapting the endowment investment approach to the needs of individual investors. Mr. Wildermuth is CEO and CIO of Wildermuth Advisory and Asteria Wealth, a money management firm that administers more than 20 equity and fixed income portfolio strategies for retail and institutional investors.
Mark is responsible for supporting the continued investment success of Parametric’s systematic income product suite—with focus on dividend income and enhanced income strategies. Prior to joining Parametric in 2019, he spent seven years with US Bank’s Asset Management Group as a vice president in equity portfolio management covering domestic large-cap securities. Mark is also a firefighter for the city of Plymouth, Minnesota. He earned an MBA from the Kelley School of Business at Indiana University and a BS in finance/information systems from Iowa State University.Parametric partners with advisors to build portfolios focused on what’s important to them and their clients. A leader in custom solutions for more than 30 years, we help investors access efficient market exposures, solve implementation challenges, and design multi-asset portfolios that respond to their evolving needs. Headquartered in Seattle, Parametric has offices in Minneapolis, New York City, Boston, and Westport, Connecticut.
Robert Shaker, has been working with Shaker Financial Services since 2004 and currently serves as its Chief Investment Strategist. He is responsible for overseeing strategy development, trading and portfolio allocations.Shaker Financial Services, LLC (SFS) is a boutique investment advisory firm specializing in the trading of closed-end funds. SFS first began to accept funds for investment in individual separately managed accounts in 1996. SFS’s “Discount Capture” Composite is currently rated five (5) stars by Morningstar.
Steve is a Senior Special Counsel Fellow and the SEC’s industry specialist on Business Development Companies (BDCs). Steve’s work focuses on a broad array of BDC matters, including disclosure review, examinations, enforcement, rulemaking, and exemptive relief applications, among others.
Steve joined the SEC in 2021. Prior to the SEC, Steve spent eight years at Blackstone where he was primarily focused on providing legal advice relating to formation, fundraising, co-investment transactions, corporate governance and compliance oversight of Blackstone BDCs. In addition, while at Blackstone, Steve worked on a variety of matters pertaining to private funds, CLOs, private credit, debt and equity offerings transactions, financing facilities and advisory and compliance issues. Prior to joining Blackstone in 2013, Steve was an associate in the corporate group of Bingham McCutchen LLP (now Morgan, Lewis & Bockius LLP). Steve earned his B.B.A., summa cum laude, from Pace University, Lubin School of Business, Pforzheimer Honors College, and his J.D., cum laude, from Fordham University School of Law.
As Managing Director and Head of UniFi by CAIA™ , Aaron oversees content and product strategy for the UniFi by CAIA™ Program. Prior to this, Aaron was responsible for the strategic direction of CAIA Association’s content agenda, thought leadership, and member education initiatives, and supported content development for the CAIA Charter Program. His work has been published by Oxford University Press and The Journal of Investing, and covers topics such as ESG/sustainable investing, liquid alternatives, commodities, and asset pricing/factor investing. He is a frequent writer and speaker on these topics. Aaron’s practitioner experience lies in private wealth management, where he served as portfolio manager, overseeing asset allocation, portfolio construction, and manager research efforts for high-net-worth individuals and institutional retirement plans.
He earned a B.S. with distinction in Finance and a Master of Finance from Penn State University. He holds the Chartered Alternative Investment Analyst (CAIA), Chartered Financial Analyst (CFA), Certificate in Investment Performance Measurement (CIPM), Financial Data Professional (FDP) designations, is a CERTIFIED FINANCIAL PLANNER™, and holds the the CFA Institute’s Certificate in ESG Investing. He is a Past President of CFA Society Columbus and serves on the CFA Society Philadelphia Programs Committee. Aaron is an adjunct professor and serves on multiple advisory boards for Penn State University.
The CAIA Association is a global professional credentialing body dedicated to creating greater alignment, transparency, and knowledge for all investors, with a specific emphasis on alternative investments. A Member-driven organization representing professionals in more than 100 countries, CAIA Association advocates for the highest ethical standards. The organization provides unbiased insight on a broad range of investment strategies and industry issues, key among them being efforts to bring greater diversification to portfolio construction decisions to achieve better long-term investor outcomes.
Mr. Penn follows business development companies. Prior to joining Oppenheimer and Co. he followed business development companies at Janney Montgomery Scott. In addition, he was an Equity Portfolio Manager/Financial Analyst at Legg Mason Capital Management from 2001 to 2012 where he specialized in financial companies. From 1996 to 2001 he managed a $400M fixed income portfolio at Legg Mason Capital Management. Prior to joining Legg Mason Mr. Penn managed a $15B fixed income portfolio at Aetna. He also worked for Price Waterhouse from 1981 to 1985.Mr. Penn received his Chartered Financial Analyst designation in 1995 and is a member of the Baltimore CFA Society. He was President of the Baltimore Society (2001-2002) and served on the Board of Directors. Mr. Penn received his Certified Public Accounting designation in 1983, but he no longer maintains this designation. He is a graduate of Villanova University, Magna Cum Laude, Phi Kappa Phi, Beta Gamma Sigma (1981) and University of Chicago (MBA-1987).
Cheryl has nearly two decades of investment experience and primarily focuses on investment research and management across the firm’s financial sector-focused strategies.
Cheryl joined Angel Oak in 2017 from Morgan Stanley, where she was an Executive Director and Head of Consumer & Specialty Finance Equity Research. Her research coverage included a multitude of financial sectors, including consumer, specialty, mortgage, REIT, payments, fintech and banking.
Cheryl has been featured as a television guest on Bloomberg, CNBC, TD Ameritrade Network and Yahoo! Finance TV and has been quoted in various publications including American Banker, Marketwatch, DailyAlts and S&P Global Market Intelligence. Cheryl has also been named one of the “Women at the Forefront of Alternative Investments” in a 2023 iConnections report.
Cheryl holds a B.S. in Commerce (Finance) from the University of British Columbia and an M.B.A. from Duke University’s Fuqua School of Business. She also holds the Chartered Financial Analyst (CFA®) designation.
As of 6/30/23, Angel Oak Capital had an estimated $16.5 billion in assets under management (AUM) through a combination of mutual funds, private funds and separately managed accounts. AUM represents the sum of assets managed or serviced, and committed but uncalled capital.
development efforts for Nuveen’s closed-end fund product line. He is
responsible for developing and bringing new concepts to market, as well
as overseeing the ongoing product management of existing closed-end
funds.
Prior to joining Nuveen, Parth was a senior tax consultant at Deloitte,
where he specialized in investment company taxation.
Parth graduated with a B.S. in Accountancy and Finance from the
University of Illinois. He holds the Series 7 and 66 securities
registrations.Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors.
Nuveen has $1.1 trillion in assets under management as of 30 Jun 2022 and operations in 27 countries. Its investment specialists offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. Nuveen is a leading sponsor of closed-end funds (CEFs) with $57 billion of assets under management across 56 CEFs as of 30 Jun 2022. The funds offer exposure to a broad range of asset classes and are designed for income-focused investors seeking regular distributions. Nuveen has more than 35 years of experience managing CEFs.
Mr. Arduini is a Partner and Portfolio Manager in the Ares Credit Group, where he focuses on alternative credit investments. Mr. Arduini serves as a Vice President and Portfolio Manager for the Ares Dynamic Credit Allocation Fund, Inc. (NYSE:ARDC). Additionally, he serves as a member of the Ares Dynamic Credit Allocation Fund Investment Committee.Prior to joining Ares in 2011, Mr. Arduini was a Managing Director at Indicus Advisors LLP, where he focused on structured credit investment opportunities. Previously, Mr. Arduini was Director of Structured Credit in the Fixed Income Investment Group and a Manager in the Risk Management Group at TIAA-CREF. In addition, Mr. Arduini worked in the telecommunications and information technology industries in various systems, operations and management roles. Mr. Arduini holds a B.A. from Bucknell University in Mathematics and an M.S. from Stevens Institute of Technology in Mathematics.
Mr. Arduini also holds an M.S. from Carnegie Mellon University in Computational Finance. Mr. Arduini is a CFA® charterholder and a member of the New York Society of Security Analysts.
Robert Amodeo is Head of Municipals at Western Asset Management Company, LLC and has 34 years of investment experience. Mr. Amodeo began his career at The Bank of New York but soon thereafter joined Salomon Brothers Inc., where he was responsible for analyzing various private investment partnerships, including venture-capital, oil-and-gas, and real-estate, equity and bond portfolios.In 1992, Robert joined Salomon Brothers Asset Management where his role evolved into managing director, head of the municipal bond investment team and he worked with Salomon’s Yield Book department to adapt advanced technology for municipal bond and tax-efficient portfolio management. Since 2005, Robert has been part of Western Asset’s municipal bond investment team and is the sector head of that group.
Mr. Amodeo holds a Bachelor’s degree from Long Island University and a Master of Public Administration, Advanced Management and Finance from Columbia University. He holds the Chartered Financial Analyst designation and has written various articles regarding the public finance market.
Laura is a Product Specialist within Nuveen’s Alternative Investment distribution team. She is focused on supporting business development efforts across the private credit spectrum.Laura joined Nuveen in 2021.From 2014 to 2021, she worked for Invesco’s Global Private Credit platform where she supported new business development and institutional client communications, shaping investor messaging and business strategy globally.
Previously, Laura worked in corporate finance and investor relations at CIFC Asset Management where she supported marketing efforts and was responsible for financial projections on behalf of their private equity owners. Prior to CIFC, she was an associate at Goldman Sachs, where she worked in the firm’s investment management finance division focused on credit strategies. Laura began her career at Deloitte & Touche.
She entered the investment management industry in 2003.Laura graduated with both a B.S. in Business with a major in Accounting and an M.S. in Accounting from the University of Connecticut. She is a Certified Public Accountant (inactive) and holds the FINRA Series 7 and Series 66 registrations.
Christian has 21 years of experience in financial services and investment management, with the last 16 years focused on secondary investments involving venture-backed and growth equity-oriented companies and funds. During this time, he has also served on the boards of many of these companies and funds.
Prior to Liberty Street Advisors, Christian was CIO of SPIM overseeing all investment related functions. Christian still serves as one of the portfolio managers of The Private Shares Fund, formerly the SharesPost 100 Fund, and a member of the investment committee.
Prior to joining The Private Shares Fund investment management team and Liberty Street Advisors, Inc., Christian was Co-Head of the Global Private Equity Secondaries Practice at HQ Capital based in New York, a $10+ billion alternative investment firm headquartered in Germany. Prior to that, he served as Head of Secondaries at Thomas Weisel Partners. Christian started his career as an investment banker at Banc of America Securities.
In aggregate, Christian has helped raise more than $1 billion globally from institutional investors, corporations, pensions, endowments, and family offices, and has completed or overseen the completion of more than 100 secondary transactions representing over $1 billion in capital commitments.
Christian received his BA from Rutgers College.
Michael holds a B.A from University where he studied Political Science and Economics.
CFA (2012); BSc (Pure and Applied Mathematics) (Hons, 2008), Trinity College, Ireland.
Kevin is an institutional portfolio manager for RBC GAM-US. He specializes in a broad spectrum of global credit strategies including Investment Grade, Leveraged Finance, Emerging Markets, Multi-Asset and Alternatives.
Kevin joined RBC GAM in 2014; he moved from BlueBay Asset Management to RBC GAM-US in 2020. During his time at BlueBay, he initially worked as an institutional portfolio manager on the Emerging Markets desk, before broadening his remit to cover other areas of the global credit markets. Prior to joining BlueBay, Kevin worked for another global asset management company, where he specialized in fixed income fund manager research to feed ideas into the firm’s suite of multi-manager portfolios. Prior to this, Kevin worked as an investment consultant at a global consulting firm.
He began his career in the investment industry in 2008.
Erin is head of strategic development for Thornburg Investment Management, leading corporate and product development initiatives across the firm. She has extensive investment and management experience, including with large and small asset management firms and most recently the financial technology industry.
Prior to joining Thornburg, Erin was chief investment officer for C2FO, a Kansas City–based financial technology company focusing on supply-chain finance solutions. She developed private investment solutions to provide working capital liquidity to small businesses, utilizing C2FO’s proprietary technology platform.
Prior to C2FO, Erin spent 11 years with Fountain Capital Management, a boutique high-yield investment firm also based in Kansas City. At Fountain, Erin held various positions, including partner, portfolio manager, head trader, and research analyst. She started her career at Strong Capital Management as an equity research analyst, focusing on small- and mid-cap value portfolios and later as a private equity analyst for McCarthy Capital.
Erin is a graduate of Indiana University with a BS in finance and is a CFA charterholder.
From 2001 until joining Flaherty & Crumrine, he was Director of U.S. Market Strategy at Barclays Capital in New York, where he advised clients on market strategies across U.S. treasuries, agencies, and interest rate derivative products. Prior to Barclays, he spent 14 years at Goldman Sachs, where he most recently held the position of Director — Interest Rate Product Strategy, Americas. He was a regular member of Institutional Investor’s All-America Fixed Income Research Team, earning the top ranking in Derivatives Strategy in 2001. He began his career at Salomon Brothers as an options trader and derivative salesperson.
Details
- Start:
- November 13
- End:
- December 13
- Event Category:
- Past Events
Venue
- Downtown Association
-
60 Pine Street
New York, NY 10005 United States