October 25 | New York City

Private Capital

Private Capital

For today’s private market investors the environment has proved to be challenging with record amounts of dry powder already in the coffers, rich valuations, and the ease of raising capital. Despite this, there’s still business being done and openings for returns. In this intimate briefing event, Bloomberg will explore how private and institutional investors are finding the right triggers to pull and what asset classes hold the most opportunity. On top of that the LP, GP relationship continues to evolve. From competition to investment playbooks, we’ll also look to uncover the implications of evolving partnerships.

October 25 - Thursday

4:00 pm

Registration & Networking Reception

4:30 pm

Welcome Remarks

Host

4:35 pm

Opening Remarks

4:40 pm

Deploying Capital

Private market investors are in a tricky bind: they have record amounts of cash to invest, but they have to do so at a time late in the investment cycle and at prices that many consider expensive. We'll gather key stakeholders to discuss the current climate and which asset classes hold the most opportunity to meet institutional investors' needs, as well as how strategies need to develop and what it all means for competition.

Speakers

Moderator

5:15 pm

The Changing Face of the LP

Limited and general partnership relationships have evolved in recent years and now LPs are increasingly forcing GPs to give up more of the economics. We've started to see large LPs moving up the value chain, doing direct and co-invests with private equity funds, originating their own loans, and direct buyouts. So what does the future look like for this partnership, and where will collaboration continue to be the norm versus going it on your own? Also how is the changing face of the LP changing how buyout managers look at their own playbook/strategies? We'll gather thought leaders in the space to discuss the shift and the implications for investment.

Speakers

5:50 pm

Direct Lending and the Private Credit Craze

Large swaths of institutional investors have been flocking to private debt strategies, with direct lending as one of the biggest pieces of the pie. Assets under management continue on an upward trajectory with some projecting the industry could reach $2.5 trillion in as few as 10 years. With so much capital coming in, are returns under threat? Some are calling the markets concentrated and under-deployed while others say it's just experiencing healthy growth. We'll discuss where we are in this cycle and whether bubble fears are overblown.

Speakers

Moderator

  • Jason Kelly

    New York Bureau Chief, Bloomberg Radio Anchor, Bloomberg

6:30 pm

Closing Remarks & Networking

7:30 pm

Event Concludes

Speakers

Peggy Collins

Bloomberg News U.S. Investing Team Leader

Andrea Auerbach

Cambridge Associates Managing Director & Global Private Investment Research

Henry Cornell

Cornell Capital Founder & Senior Partner

Alisa Wood

KKR Partner

Ian Charles

Landmark Partners Partner

Susan Kasser

Neuberger Berman Managing Director & Co-Head of Private Credit

Andrew Schardt

Hamilton Lane Managing Director

Jason Kelly

Bloomberg New York Bureau Chief, Bloomberg Radio Anchor

Sponsor

EisnerAmper LLP is among one of the nation’s largest accounting firms, with a dedicated and well-established Financial Services Practice that provides audit, tax, and advisory services. Our Financial Services Practice, comprised of the Asset Management and Capital Markets Groups, is the largest industry group within EisnerAmper featuring more than 2,500 financial services clients. We have worked with private equity, venture capital and hedge funds firms for over thirty years, including many of the original firms in the space. Clients rely on our team to navigate regulatory and compliance requirements, and help facilitate new growth opportunities. The Asset Management Group serves hedge funds, private equity funds, venture capital funds, funds of funds, mutual funds, regulated investment companies, management and general partner entities, and institutional investors. Through a local presence in key international markets and EisnerAmper Global, an international network of accounting firms, we provide our financial services clients expertise where they are doing business, raising capital, and investing.