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| CEF Advisors & CEFData.com | Nasdaq | Northern Trust |
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| John Cole Scott, CIO at CEF Advisors, Founder of CEFData.com |
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| Moderator Chuck Jaffe, Host – Moneylife |
Presenters Parth Doshi, Vice President, Global Product – Nuveen |
Presenters Greg Margolies, Partner – Ares |
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| John Cole Scott, CIO at CEF Advisors, Founder of CEFData.com |
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| John Cole Scott, CIO at CEF Advisors, Founder of CEFData.com |
AICA - Excellence beyond indexing Dismiss
Speaker Bio:
Mr. Scott has worked at Closed-End Fund Advisors since 2001. He holds the FINRA 66 License and the Certified Fund Specialist designation (CFS). He is a graduate of The College of William and Mary and has been quoted and interviewed widely in the financial press and presented at conferences and for investment groups on more than 50 occasions.
In 2008 John founded CEFA’s Closed-End Fund Universe, a data service covering all US listed closed-end funds and BDCs. Currently supported by an internal 10 member analyst team with a data manager/ programmer covering the 600+ ticker universe of CEFs/BDCs/iCEFs. They regularly do consulting and projects for CEF/BDC Sponsors, Hedge Funds and Institutional Investors.
Portfolio Consultant with over $300MM+ in deposits into a fund focused on BDCs with a fund sponsor partner. He developed 35 CEF/BDC based indexes; 9 diversified portfolio objective, 9Equity and 15 Bond sector. Founder & Exec. Chairman of Active Investment Company Alliance(AICA). John is a past board member of The Richmond Association for Business Economics(RABE), and serves as Assistant Treasurer and on the Investment Committee for The New YorkState Society of The Cincinnati. Board member and Finance & InvestmentCommittees for The William & Mary NationalAlumni Board
Speaker Bio:
Clayton is a Senior Portfolio Manager at Angel Oak Capital and serves as a Portfolio Manager for the UltraShort Income Fund, the Multi-Strategy Income Fund, the Strategic Credit Fund, and the Multi-Strategy Income UCITS Fund. He is a Portfolio Manager within the non-agency and agency residential mortgage-backed securities markets and focuses on cross asset fund allocation and interest rate risk management of Angel Oak’s funds and institutional separately managed accounts.
Clayton has been in the investment management industry since 2008 and has experience across multiple sectors of fixed income. Prior to joining Angel Oak in 2011, he worked for YieldQuest Advisors, where he was a member of the investment committee focusing on the interest rate risk, currency risk, and commodity exposures of the portfolios alongside directly managing the closed-end fund allocations within the portfolios and individual accounts.
Clayton holds a B.B.A. degree in Finance from the Farmer School of Business at Miami University in Oxford, Ohio and holds the Chartered Financial Analyst (CFA®) designation.
Speaker Bio:
Ben Rotenberg, CFA, CAIA – Portfolio Manager Ben is a Portfolio Manager at Principal Global Asset Allocation (PGAA), a specialized boutique within Principal Global Investors that engages in the creation of asset allocation solutions. He is responsible for co-managing our dynamic outcome suite of strategies. This includes all portfolio construction, asset allocation and manager optimization decisions relating to this suite of strategies. He joined Principal in 2014 and has been in the investment industry since 1993.
Previously, he was a Managing Director with Cliffwater LLC, and was responsible for investment manager due diligence and assisting clients with asset allocation, manager selection, and portfolio construction. Ben was also a member of Cliffwater’s Investment Oversight and Risk Committee Prior to joining Cliffwater, Ben was Director of Research with National Fiduciary Advisors, an investment consulting firm based in Los Angeles, where he was responsible for conducting investment manager due diligence across multiple asset classes. Ben began his investment career at Wilshire Associates providing services to investment consultants in Wilshire’s Cooperative Universe Service division. He received a bachelor’s of arts from Pomona College. Ben has earned the right to use the Chartered Financial Analyst and Chartered Alternative Investment Analyst designations and is a member of the CFA Society of North Carolina.
Speaker Bio:
Robert K. Grunewald most recently served as the President and Chief Investment Officer of Business Development Corp. of America (BDCA). During his tenure at BDCA, Mr. Grunewald grew the company from $2.5 million of assets under management to $2.5 billion. BDCA was one of the top performing non-traded BDCs during Mr. Grunewald’s tenure. Mr. Grunewald hired the investment and origination teams, established BDCA’s strategy, and chaired the investment committee. He also established the firm’s loan management systems as well as its policies and procedures. While at BDCA, Mr. Grunewald also founded Kahala Aviation, a mid-life aircraft leasing business and The AR Capital BDC Income Fund, the first open-end mutual fund dedicated to investing in the BDC sector.
Mr. Grunewald has over 30 years of experience with middle market finance, BDCs and asset management. Within the finance industry, he has participated as a lender, investment banker, M&A advisor, private equity investor and hedge fund manager. As head of Financial Services M&A at NationsBank/Montgomery Securities from 1992 through 1997, Mr. Grunewald and his team completed numerous assignments for clients throughout the specialty finance industry. In 1997, Mr. Grunewald was recruited to lead the Specialty Finance Investment Banking Practice at what became Wachovia Securities. At Wachovia, Mr. Grunewald managed a number of high profile transactions, including initial public offerings and secondary offerings for some of the largest publicly-traded BDCs and finance companies including Capital Source, Ares Capital, American Capital Strategies, Allied Capital, and Gladstone Capital.
In 2006, Mr. Grunewald joined American Capital Strategies (‘‘ACAS’’), which was one of the largest publicly-traded BDCs before it was sold to Ares Capital Corp. in 2017. As head of the Financial Services Investment Practice from 2006 through 2009, Mr. Grunewald and his team focused on investment activity in the specialty finance, insurance, and asset management sectors. In his three years at ACAS, Mr. Grunewald committed over $1 billion to debt and equity investments generating an average annual return of 9.6%. While at ACAS he founded two highly successful financial services companies: Core Financial Holdings, a diversified commercial finance company and asset based lender, and American Capital Agency Corporation (NASDAQ: ‘‘AGNC’’), a publicly traded mortgage REIT.
Wildermuth Advisory, LLC is the adviser to Wildermuth Endowment Fund. Wildermuth Advisory CIO, Daniel Wildermuth and his team of experts apply their extensive investment management experience to offer extensive investment advice in categories ranging from more traditional investments, such as equities and fixed income, to various alternative investment categories, such as real estate, natural resources, private equity, absolute return, and more.
Speaker Bio:
Daniel Wildermuth is the founder and CEO of multiple financial services firms and current serves as CEO of several money management firms including Wildermuth Advisory, LLC, an institutional fund advisor; Wildermuth Asset Management, LLC an RIA managing separate accounts; and Wildermuth Securities, LLC, a distributing broker-dealer.
Mr. Wildermuth has been managing traditional and alternative assets for more than 20 years, and during that time, has he been teaching financial professionals how to most effectively utilize these different tools with their individual clients. His deep and varied public markets background was earned through managing over 25 different active and passive portfolios of equity and fixed income portfolios over different market cycles. His investment background is complemented by his pioneering the adaption of private securities within individual investor portfolios and includes his forming a mutual fund specializing in private securities. His unique combination of expertise in private and public markets gives him a special perspective that is complimented by his easy presentation style.
Daniel’s success and unique approach has garnered media coverage from Forbes Magazine, CNBC, Bravo TV, bankrate.com, Dow Jones Newswire, Senior Market Advisor, multiple trade publications, and other financial market news outlets. McGraw-Hill published two of his book outlining his approach (Wise Money: Minimizing Your Risk and Increasing Your Control & How to Keep and Grow Your Retirement Assets). He speaks frequently at industry conferences and is often quoted as an expert on various investments.
Mr. Wildermuth earned an MBA in Finance from Anderson School at UCLA and a BS in Engineering from Stanford University. Daniel lives with his wife, Carol, and their two children, Alexis and Jared, in Ponte Vedra Beach, FL.
Speaker Bio:
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: https://www.moneylifeshow.com
Email: itschuckjaffe@gmail.com
Phone: 781-383-6688
Speaker Bio:
Mr. Sifford joined the firm in 2018 and currently serves as Managing Director and Private Sustainable Infrastructure Team Lead. Mr. Sifford oversees and manages the Social Impact Platform and serves on the Social Impact Investment Committee. Since joining, Mr. Sifford has assisted the Social Impact platform in growing AUM to over $500 Million and becoming a reputable financier in Education, Healthcare, and Sustainable Project Finance. Prior to joining the firm, Mr. Sifford served as Vice President of the Education Investment Group at EPR Properties, pursuing the development and acquisition of education-based real estate across the country. With over 20 years of real estate experience, Mr. Sifford helped make EPR Properties one of the largest owners of public charter schools in the U.S. and a recognized leader in the financing of educational facilities. In his time at EPR Properties, Mr. Sifford grew the company’s total investments in their Education portfolio by more than $1 billion. Prior to joining EPR Properties, Mr. Sifford served as a Senior Vice President at PNC Real Estate Finance. During his tenure at PNC, Mr. Sifford contributed to over $4 billion in loan origination and debt restructuring. Mr. Sifford holds an M.B.A in Finance and Strategy from Vanderbilt University and a B.A. in both Business Administration and Sports Science from the University of Richmond.
Firm Bio:
Ares Management Corporation (NYSE: ARES) is a publicly traded, global alternative investment manager with approximately $282 billion of assets under management[1] (“AUM”). Ares has approximately 2,060[2] employees in over 30 global offices across North America, Europe, Asia Pacific and the Middle East[3]. Ares operates integrated businesses across Credit, Private Equity, Real Estate, Secondary Solutions and Strategic Initiatives. Ares was built upon the fundamental principle that each group benefits from being part of the broader platform. Ares believes the synergies resulting from collaboration across the Ares Credit platform provide its professionals with more informed decision making as a result of shared industry expertise, management relationships, and market insights, access to significant deal flow and a broader opportunity set, and the ability to assess relative value. Since our inception in 1997, we have adhered to a disciplined investment philosophy that focuses on delivering attractive risk-adjusted investment returns through market cycles. We strive to maintain a consistent and credit-quality focused approach targeting well-structured investments in franchise businesses and real estate assets.
Speaker Bio:
Mr. Margolies is a Partner in the Ares Credit Group and is Vice President of CION Ares Diversified Credit Fund. Additionally, Mr. Margolies serves as a member of the Ares Credit Group’s Alternative Credit Investment Committee, the Ares Dynamic Credit Allocation Fund Investment Committee and the Ares Private Equity Group’s Special Opportunities Investment Committee. Prior to joining Ares in 2009, Mr. Margolies served as a Managing Director and Global Head of Leveraged Finance and Capital Commitments at Merrill Lynch & Co. and was a member of the Executive Committee for Merrill Lynch’s Global Investment Banking Group. Previously, Mr. Margolies was Co-Head of the DB Capital Mezzanine Fund. Mr. Margolies serves on the Board of Directors for the International Organization for Women and Development, the Advisory Council for University of Michigan’s Life Science Institute and the Board of Trustees for The Juilliard School. Mr. Margolies holds a B.A. from the University of Michigan in International Economics and Finance and an M.B.A. from the University of Pennsylvania Wharton School of Business.
Firm bio:
Cliffwater LLC is an independent investment adviser and asset manager that provides research, advisory, and investment services. As a leader in alternatives, we work with institutional investors and investment advisors across the alternative investment landscape. Whether as an adviser or a manager, we help clients develop customized, diversified portfolios that balance return, volatility, and liquidity most effectively.
Speaker Bio:
Alex Condrell is a Managing Director at Cliffwater. Founded in 2004, Cliffwater provides research and investment due diligence services across the full range of private markets and alternative investments. Cliffwater also manages over $4 billion in private credit funds. Alex joined Cliffwater in 2021.
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.
Firm bio:
Destra Capital – Founded in 2008 by long time industry executives, Destra is a small, family-oriented shop that is majority owned by employees with strong entrepreneurial spirit.
Like the asset managers we partner with, Destra is a boutique firm. We pick specific, often inefficient areas of the market where we can differentiate, specialize, and add value for our clients’ portfolios.
Destra is built as a team, not a corporate hierarchy. We are a very flat organization that is centered around delivering compelling investment solutions and servicing the needs of our clients.
Destra helps place unique asset management strategies into the right vehicles to address clients’ needs. Separate accounts, mutual funds, closed-end funds, interval funds – all are tools that Destra uses to get the right strategies into the right vehicles to help investors and their advisors pursue the right outcomes.
BlueBay Asset Management – BlueBay is a global specialist fixed income manager uniquely positioned at the convergence point between traditional and alternative asset managers. Headquartered in London with a strong European presence, BlueBay invests over US$80 billion for institutional investors and financial institutions across the fixed income on a global scale, from active benchmarked portfolios to alternative strategies and private debt.
Speaker Bio:
Duncan is a Portfolio Manager for the BlueBay Destra International Event-Driven Credit Fund. In his role as PM for BlueBay, Duncan focuses on absolute return credit strategies within BlueBay UK’s Global Leveraged Finance Group. Prior to joining BlueBay in March 2014, Duncan amassed over 16 years’ experience in the European high yield and distressed debt markets working for several leading investment firms, including King Street Capital Management, where he spent four years as a senior credit analyst. Duncan holds a BA (Hons) degree in Accounting and Computing from the University of Kent and is a qualified ACA (Association of Chartered Accountants) with the Institute of Chartered Accountants in England and Wales (ICAEW).
Firm bio:
Goldman Sachs & Co. LLC (GS&Co.), founded in 1869, is the principal United States broker-dealer subsidiary of The Goldman Sachs Group, Inc. In May of 1981, GS&Co. became a registered investment adviser under the Investment Advisers Act of 1940. Goldman Sachs is organized into four business segments: (i) Investment Banking (ii) Global Markets (iii) Asset Management (iv) Consumer & Wealth management
Goldman Sachs Asset Management, L.P. (GSAM) a wholly owned subsidiary of The Goldman Sachs Group, Inc. GSAM provides discretionary investment advisory services to institutional investors such as pension funds, endowments, foundations, financial institutions, corporations and governments.
Speaker Bio:
Collin is global head of client portfolio management for Fundamental Equity within Goldman Sachs Asset Management (GSAM). The Fundamental Equity team manages $96B across a broad range of equity solutions on behalf of institutional and individual clients around the world.
He is a portfolio manager on two multi-asset income oriented portfolios; the Goldman Sachs Real Estate Diversified Income Fund which seeks to generate attractive yield, limited volatility, and diversification benefits versus traditional asset classes by investing in both private and listed real estate and the GS Income Builder Fund which seeks to identify attractive investments across equities and fixed income that are well suited for conservative, income-oriented investors.
Previously, he was a research analyst for the Real Estate Securities team with a focus on the office and industrial sub-sectors.
He joined Goldman Sachs in the Investment Management Division in 1997 and has remained there his entire career.
Collin earned a bachelor’s degree from Amherst College.
Collin.Bell@gs.com
212-357-4045
Firm bio:
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 $1.2 trillion in assets under management as of 31 March 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
Speaker bio:
Parth is a vice president and leads product management and 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.
Speaker bio:
Vadim Avdeychik is of counsel in the Investment Management practice of Paul Hastings and is based in the firm’s New York office. Mr. Avdeychik counsels mutual funds, closed-end funds, exchange-traded funds (ETFs), business development companies (BDCs), hedge funds, and their investment advisers. He routinely advises on the formation and operation of registered investment companies (including those implementing alternative investment strategies), alternative fund structures (including registered and unregistered master/feeder and fund-of-funds structures and BDCs), fund governance, regulatory issues involving public and private funds, and investment company status issues. Mr. Avdeychik has extensive experience assisting pre-IPO and public operating companies, specialty finance companies, investment banks, financial product sponsors, and other entities in determining their investment company status or the status of the products they sponsor, including the ability to qualify for exemptions from the Investment Company Act, in connection with securities offerings, financial product launches and other transactions. He also has transactional experience concerning funds and their advisers, including merger and acquisition transactions.
Mr. Avdeychik regularly advises clients with respect to environmental, social and governance (ESG) investing, including launching new investment products, advising board of directors on ESG matters and setting up compliance programs with a focus on ESG investing. He has authored several articles on the topic and is a frequent speaker on regulatory issues dealing with ESG investing.
Cell – 6462096679
