Investor Event: Cap Intro: Emerging Markets Alternative Investing
Date: Monday, 13th December, 2010
Venue: Harvard Club New York
The Cap Intro: Emerging Markets Emerging Markets Alternative Investing gathered active investors and growing emerging markets focused alternative investment managers in a pre-qualified and pre-screened format with private meetings. The cap intro event was attended by 14 investors and 9 managers, with a total of 59 introductions in meetings taking place during the course of the afternoon.
Eight of the 14 investors were single/multi-family offices, four were pension or wealth managers, and two being fund of funds/investor consultants. The size of the investors ranged from $750m to $42bn, with the average size $10.7bn.
Graph 1-3: Participant break-up by type and AUM size
Alternative Investment Managers
Nine emerging markets managers attended. The size of the managers ranged from $24m to $3.1bn, with the average size $646m. The average size of the showcased fund was $99m, as in most cases the funds showcased was a smaller fund from a larger multi-fund investment manager, or a number of funds in their respective fund portfolio. Strategies included L/S equity (focus India), L/S equity/equity linked fund (focus Asia-Pacific incl. Japan), Multi-strategy (focus emerging India), Event and value driven equity funds (focus Argentina and Latin America), Trade finance debt fund (focus Latin America), L/S equity funds (focus Russia), Long equity fundamentals fund, (Far Eastern financials), Niche fund of funds (focus emerging markets).
Pre-Screening and Pre-Qualification
Both the investors and managers were pre-screened and pre-qualified to constructively fit into the investor event. Investors were interviewed for their active interest in looking at macro and emerging market focused managers, and asked to supply information on their key investment criteria and preferences. Managers were asked to apply by sending their fund profile and their preferences to what investors to meet with. Subsequently, investors and managers gave their preferences to whom to meet with, taking into account the information available on participants. All participants were given tailor-made private meeting schedules prior the event.
The investor event consisted of a luncheon with presentations by managers, a networking break, and five 35 minute sessions with private meetings, as well as a cocktail reception.
Feed-back – Cap Intro: Emerging Markets Alternative Investing
Below are some reviews from delegates:
“I thought it was a terrific event. The organization was perfect, and your staff was so helpful and attentive.
I thought the format was great:
1. The five minute presentations over lunch meant that you could go straight to Q and A in the 1x1s — without repeating the basic stuff over and over again.
2. I thought that 30 minutes was a good length. It was long enough for people to get a sense of whether a future meeting made sense. Long enough to cover substance, but without dragging on.”
Andrea Rutherford, Managing Director, Kazimir Partners
“What a terrific event. Thank you and congratulations on building out your company.”
James Brandt, Polar Capital