Tuesday, June 24          Wednesday, June 25 >> 7:30 - 8:30 am Registration and Continental Breakfast 8:30 - 8:45 am Welcoming Remarks David M.Toll, Vice President, Alternative Investor William B. Asher, Jr., Managing Partner, Testa, Hurwitz & Thibeault, LLP 8:45 - 10:00 am Limited Partners Report: Where We're Allocating our Alternative Dollars in 2003 Our panel of top LPs discusses what hedge fund and private equity strategies they find most compelling this year. On the hedge fund side, is long/short equity still the "in" thing? Is the gold rush over for distressed debt investors? Our panelists also talk about their relative target allocations to hedge funds and private equity and how they've chosen them. MODERATOR: Jim Hedges, President, LJH Global Investments, LLC FEATURED SPEAKERS: John Clark, CFA, Managing Director, General Motors Investment Management Co. Mark Barnard, Managing Director, Private Investments, Howard Hughes Medical Institute Mark Weisdorf, Vice President, Private Market Investments, Canada Pension Plan Investment Board John Powers, Managing Director and Director of Research, Offit Hall Capital Management Peter Bradley 10:30 - 11:00 am Refreshment and Networking Break 11:00 am - 12:00 pm Strategies for Creating a Top-Performing Hedge Fund Portfolio Hedge fund managers offer a bewildering array of investment strategies. How do you make sure that your hedge fund portfolio as a whole provides the level of risk, reward potential, and diversification that you're seeking? MODERATOR: Jim Hedges, President, LJH Global Investments, LLC FEATURED SPEAKERS: Sharissa Jones, Partner, Capital Z Investment Partners Patrick Moriarty, Executive Vice President, Evaluation Associates Jeff Geller, Director, Frank Russell Company 12:00 - 1:00 pm Top 10 Questions Getting Asked in Fund Due Diligence Each of our panelists addresses one of the Big Questions facing general partners this year. How well do you understand the risks of your investment strategy? What different sources of return does your strategy promise? What value-add do you bring to your investment strategy? What sources of liquidity do you have? How much skin do you have in the game? MODERATOR: Jake Elmhirst, Executive Director, Head of Origination, Private Equity Funds Group, UBS Warburg FEATURED SPEAKERS: John Crocker, Partner, Capital Z Investment Partners John Harris, Managing Director and CFO, The Carlyle Group Susan Fasig,Vice President, Fund Evaluation Group Mary Kelley, General Partner, INVESCO Private Capital Peter Seidler, Partner, Seidler Equity Partners 1:00 - 2:00 pm Luncheon 2:00 - 3:00 pm Innovative New Offerings from Funds of Hedge Funds The fund-of-funds business is incredibly vibrant, and new players seem to pop up every day. What are established managers of funds of hedge funds doing to keep ahead of the crowd, and grow their assets under management? MODERATOR:Kent Clark, CIO, Goldman Sachs Asset Management FEATURED SPEAKERS: Jin Park, Managing Director, Carlyle Asset Management Dana Hall, Managing Director, Lighthouse Partners Anne Casscells, Aetos Capital LLC Scott Reid, Managing Director, Auda Advisors Eric S. Goodbar, President, Fund of Funds Division, ECM Capital 3:00 - 4:00 pm How To Identify Leading Hedge Fund Managers Institutional investors don't generally have to go very far to find investment opportunities. Not so in the world of hedge funds. You may have only a small window of opportunity to break in with a hot new group before the fund is closed. How do you ensure you don't get left behind? MODERATOR: Geoffrey Bradshaw-Mack, Sr. Managing Director, The Far Hills Group FEATURED SPEAKERS: Kelsey Biggers, Managing Director, K2 Advisors Mike Napoli, Managing Director, Wilshire Associates Charles Wall,Associate Vice Chancellor, Texas Tech University 4:00 - 4:30 pm Refreshment and Networking Break 4:30 - 5:15 pm Negotiating Lower Management Fees, Carries and Other More Favorable Terms for Hedge and Private Equity Funds Maybe you're upset with general partners who handled their last negotiation in less-than-chivalrous, take-it-or-leave-it fashion. Perhaps you can't believe how wealthy general partners are getting on fees alone. Whatever the reason, you're probably interested to know how much ground you can capture in the ongoing battle with GPs over partnership terms and conditions. Our panel of experts describes what's going on in the trenches. MODERATOR: David M.Toll,Vice President, Alternative Investor FEATURED SPEAKERS: Robin Painter, Partner, Testa, Hurwitz & Thibeault, LLP Sherri Caplan, Partner, Debevoise & Plimpton Mark Yusko, CIO, University of North Carolina Management Company Stephanie Breslow, Partner, Schulte Roth and Zabel 5:15 - 7:30 pm Cocktail Reception next >>