Private market assets are a growing fixture within institutional portfolios. For instance, they are meeting the need for funding to build more affordable housing and to generate cleaner forms of energy.
Then there is the real estate needed to support the digital economy and the cash-hungry fledgling tech companies that could be the future of the economy. So there is more than just listed equities and bonds working to fund members’ retirements and helping insurers to meet their obligations.
Indeed, more than £10trn worth of private market assets were under management globally in 2023, according to McKinsey, as investors seek higher returns and diversification against mainstream assets. Allocations could increase as the new government, just like the old one, wants more institutional cash to flow into UK infrastructure and private companies. But how are investors managing the rising illiquidity and fees that come with them? And how will alternative assets perform in the face of an uncertain outlook and growing geopolitical risk.
To take an in-depth look at these issues and more, portfolio institutional is hosting its second annual private markets club conference in the Spring.
Reserve your place at this event, which brings experts and insiders together to discuss:
- The investment case
- Managing illiquid assets
- Benefiting from the government agenda
- The role of alternatives in institutional portfolios
We look forward to seeing you in March 2025!
| Time | Event |
|---|---|
| 09:00 – 09:30 | Registration and breakfast |
| 09:30 – 09:35 | Welcome from the Chair |
| 09:35 – 10:35 | Defined contribution and Mansion House: Managing private assets – Private markets offer investors the potential to back fledgling companies that could become the next big thing or own what would once have been State assets, which could suit investors with long-term horizons. But how are defined contribution pension schemes managing the illiquidity in their portfolios? How big an issue are fees? How much influence is the government having over their investment decisions and who benefits more from the Mansion House Compact? Speakers: Mary Cahani, Head of DC clients, UK Institutional, Invesco Heather Coulson, Head of Implementation & Portfolio Management, Scottish Widows Philip Dawes, Head of Distribution (UK & Ireland), BNP Paribas Asset Management Rachel Farrell, Director of Public and Private Markets, Nest Jesal Mistry, Head of DC Investments, Legal & General Investment Management Chair: Alan Pickering, President, BESTrustees |
| 10:35 – 11:15 | Fireside Chat I – Local private markets West Yorkshire Pension Fund has been very focused on a localised approach to private markets. This fireside chat will explore what is the reasoning behind this and look at the benefits. As well as looking at the government’s push to get more pension funds investing in private markets. Speaker: Euan Miller, Managing Director, West Yorkshire Pension Fund |
| 11:15 – 11:35 | Coffee break |
| 11:35 – 12:35 | Beyond diversification: The role of private assets in institutional portfolios – Private markets are diverse offering exposure to many areas of the economy. Private equity, venture capital and private debt are just three such asset classes. They all have different characteristics so what, aside from diversification, do they bring to institutional portfolios? And how are investors achieving relative value. Speakers: Andrea Ash, Investment Director, Private Markets, Railpen Vanessa Shia, Head of Private Markets, London CIV Nicholas Smith, Managing Director, Private Credit, Alternative Credit Council Chair: Mark Dunne, Editor, portfolio institutional |
| 12:35 – 13:35 | Lunch and networking |
| 13:35 – 14:35 | Real assets: Unlocking long-term value in changing times – Infrastructure and property offer much to long-term institutional portfolios, but these assets are on the front line of efforts to change our economies. So how are investors responding to the demands of the energy transition and growing digitalisation to not only create value but also build resilient portfolios? Speakers: Luke Layfield, Head of portfolio management, private markets, Aviva Investors Simon Redman, Managing Director, Head of DC & Wealth, Invesco Real Estate Katya Romashkan, Portfolio Manager, Infrastructure, Aware Super UK Chair: Mark Dunne, Editor, portfolio institutional |
| 14:35 – 15:15 | Fireside Chat II – Embracing private markets Smart Pension is extremely proactive when it comes to private markets. In this fireside chat, James Lawrence will give an insight into why this is the case, exploring what benefits private markets bring to the Smart Pension portfolio and which asset classes appeal the most. Speaker: Eric Deram, Managing Partner, Flexstone Partners James Lawrence, Director of Investment Proposition, Smart Pension |
| 15:15 – 15:20 | Closing remarks |
| 15:20 – 17:00 | Networking drinks |
Speakers:
Sponsored by:
In partnership with:
For Speaking Opportunities please contact:
Mary Brocklebank – Speaker Acquisition & Stakeholder Engagement Manager : m.brocklebank@portfolio-institutional.co.uk
For Sales and Sponsorship Opportunities please contact:
Clarissa Huber – Commercial Director: c.huber@portfolio-institutional.co.uk
”This was a very informative and relevant conference to me as my scheme is currently considering allocating assets to private markets. I thought the panel approach was good as it gave the audience the chance to hear different points of view on the same topic.”
”I enjoyed the whole conference. The infrastructure and Private Debt panels were particularly interesting.”
Comments