Investor Event: Cap Intro: Macro | Emerging Markets Alt. Investing
Date: Monday, 1st July, 2010
Venue: Harvard Club New York
The Cap Intro: Macro | Emerging Markets Emerging Markets Alternative Investing gathered active investors and growing macro and emerging markets focused alternative investment managers in a pre-qualified and pre-screened format with one-on-one meetings. The cap intro event was attended by 11 investors and 10 managers, with a total of 49 meetings taking place during the course of the afternoon.
Seven of the 11 investors were single/multi-family offices and rest being one pension funds, one corporate wealth managers and one investor consultant. The size of the investors ranged from $120m to $13bn, with the average size $2.3bn.
Alternative Investment Managers
Eight emerging markets managers and two macro funds attended. The size of the managers ranged from $30m to $2.9bn, with the average size $950m. In some 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 Asia, Lat. AM, Currencies, Asia
Ex-Japan FX & Interest Rates, Russia, Eastern Europe, Middle
East & Africa, EM L/S, EM Global macro, EM Real Assets, Global
Peter Carey, NY State Common Retirement Fund and Carl Berg, Catalyst Financial Partners
Macro (event driven trading) and Global Macro (global 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: Macro | Emerging Markets Alternative Investing
Below are some reviews from delegates:
“I have to say I have been to a few of these and your event was very well planned and organized. The end investors were very high quality and that always adds to our success as a manager.”
Managing Director, APS Capital Management (fund manager)
“It was a quality event, I’m looking forward to the next one.”
Partner, Persimmon Capital Management (multi-family office)