Private Equity: Should you invest and how?

Date(s) - 11/29/18
3:30 pm - 6:30 pm

300 N LaSalle

Hosted by
CFA Society of Chicago

Private Equity: Should you invest and how?

CFA Society of Chicago

Thursday, November 29, 2018 3:30 pm – 6:30 pm

Few investment topics stoke as much interest and controversy as private equity. Current private equity activity is at an all-time high, with industry assets-under-management having recently crossed $2.5T due to several factors, including long investment horizons and liquidity premiums, diversification benefits, low-interest rates, and the ever-increasing regulatory requirements of accessing capital through public markets.

That increasing popularity is also creating change within the industry. The influx of capital and the proliferation of funds have increased competition in the industry, leading to fee compression and difficulties in deploying the $1T of “dry powder” now sitting on the sidelines. Some global family offices and large institutional investors have side-stepped traditional funds and their problems entirely by bringing private equity expertise and investments in-house, allowing fewer fees, longer time horizons, and less reliance on debt markets. Those without the resources to go it alone must find a way to access private equity through a dizzying array of intermediaries and vehicles, including traditional funds, fund-of-funds, secondaries, co-investments, and liquid alts.

Join CFA Society Chicago as we address these issues in our first  dedicated private equity event.

Bill Obenshain – Chairman, Advisory Board for The Center for Financial Services at DePaul

Panelists (Fund Managers and Intermediaries):
Josh Westerholm – Partner, Investment Funds Group, Kirkland & Ellis
Tobias True – Partner,  Adams Street

Panelists (Asset Owners):
Brad Beatty, CFA – CIO, Sirius Partners
Michael Belsley – Attorney, Kirkland & Ellis
Harisha Haigh, CFA – Managing Director, Private Investments and Real Assets, Northwestern University

Members – $45 or FREE with Function Ticket
Student Members – $10