WINTER FORUM 2020

FEBRUARY 24-25, 2020BARINGS GLOBAL HEADQUARTERS, CHARLOTTE, NC(ADJACENT TO THE KIMPTON TRYON PARK HOTEL)

EDUCATIONAL FORUMS THAT INSPIRE A CULTURE OF COLLABORATION AND COMMUNITY AMONG INSTITUTIONAL

INVESTORS, FAMILY OFFICES, CONSULTANTS AND ASSET MANAGERS

THE INVESTMENT INSTITUTE EDITORIAL COMMITTEE

CELIA DALLASChief Investment Strategist

Cambridge Associates

JIM DUNNChief Executive Officer & CIOVerger Capital Management

VANITA GAONKARSenior Investment Officer

Robert Wood Johnson Foundation

DAVID R. BRIEFSenior Managing Director

Angeles Investment Advisors

MARY CAHILLInvestment Committee

Woodruff Arts Center, Community Fdn. for Greater Atlanta & Zeist Fdn.

MIKE CONDONHead of Portfolio ManagementFund Evaluation Group (FEG)

JAMES CHALLENSenior Vice President/Principal

LCG Associates

ROBERT DURDENCEO/CIOUVIMCO

KRIS KAPOORChief Investment Officer

Furman University

LIBBY GEORGEDirector of Investments

NC State University

DAVID GILMOREManaging Director

Harry & Jeanette Weinberg Foundation

MIKE HENNESSYManaging Director, Investments

Morgan Creek Capital Management

RAY JACOBSONChief Investment Officer

Davidson College

BRIAN HIESTANDChief Investment Officer

The College of William & Mary Foundation

SUSANNE GEALYSenior Director - Investments

CommonSpirit Health

BETH JOHNSONPartner

Pavilion, a Mercer Practice

DONNA L. SNIDERManaging DirectorKresge Foundation

MARK STEEDChief Investment Officer

Arizona PSPRS Trust

DANIEL WARDChief Investment OfficerVirginia Tech Foundation

MEL WILLIAMSGeneral Partner

TrueBridge Capital

DAN PARKERDeputy Chief Investment Officer

Texas Tech University System

MARK ROBERTSChief Investment OfficerIronsides Asset Advisors

KATHERINE MOLNARChief Investment Officer

Fairfax County Police Officers Ret. Sys.

JONATHON KINGPresident & CEO

UNC Management Company

DONALD LINDSEYChief Investment Officer

American Institutes for Research

CHRISTINE KELLEHERChief of Investments

National Gallery of Art

ANNE SHELTONChief Investment Officer

American Trading & Production Corp

MARK W. YUSKOCEO & Chief Investment Officer

Morgan Creek Capital ManagementManaging Partner, MC Digital Assets

MUTHU MUTHIAHChief Investment Officer

Group Health Foundation

THANK YOU FOR SUPPORTING OUR MISSION FOR EDUCATION! WE ARE SO GRATEFUL FOR YOUR COLLABORATION, CONTRIBUTION AND

COMMITMENT TO OUR COMMUNITY!

ARRIVAL SNACKS & COFFEE BREAK SUPPORTER

AFTERNOON REFRESHMENT BREAK SUPPORTER

PANEL CONTENT SUPPORTER

FEATURED LEAD SPONSOR

INTRODUCING THE 2020 WINTER FORUM SPEAKER FACULTY

FEATURED KEYNOTE SPEAKERS & PANELISTS

MARY CAHILLPresident, Rivington Capital & Investment Committee, The

Woodruff Arts Center, Community Foundation for Greater ATL & Zeist

Foundation

ANTHONY ATALA, MDGeorge Link Professor & Director

Wake Forest Institute for Regenerative Medicine

BOB LITTERMANChairman, Risk Committee

Kepos Capital

SALLY STALEYTrustee & Chair of Investment

Committee, The College of WoosterFormer CIO, Case Western Reserve

University

VIKRAM MANSHARAMANI, PH.D.

Global Trend-Watcher, Harvard University, Lecturer & Portfolio

Manager, Author, Think for Yourself & Boombustology

DAN CLIFTONPartner & Head of Policy Research

Strategas Securities

ROD COLLINSDirector of Innovation/Author

Optimity Advisors/Wiki Management

DAVID THOMASFounder & Chief Investment Officer

Atalan Capital Partners

MARK W. YUSKOCEO & Chief Investment Offier

Morgan Creek Capital ManagementManaging Partner, MC Digital Assets

TII WINTER FORUM HOSTS

DONNA HOLLYPresident

The Investment Institute

ANDREA SZIGETHYFounder & CEO

The Investment Institute

MARK ROBERTSChief Investment OfficerIronsides Asset Advisors

CATHLEEN M. RITTEREISERExecutive Director

Commonfund Institute

TII WINTER FORUM CO-CHAIRS

SPEAKERS & PANELISTS

DANIEL BRESLINDirector, Portfolio Manager/Analyst

Lazard Asset Management

ANDREW C. BURNS, JR.Founder

Conover Investment Advisory, LLC

JONATHAN BOCK, CFAChief Financial Officer

Barings BDC

ROBERT CRESCISenior Portfolio Manager

J.O. Hambro Capital Management(JOHCM USA)

DANIELE M. DONAHOE, CFACEO & Chief Investment Officer

McShane Partners

DAVID GILMOREManaging Director

The Harry & Jeanette Weinberg Foundation

TOM FINKEChairman & Chief Executive Officer

Barings

STEPHEN JOHANSENChief Investment Officer

Waypointe

CHRISTOPHER PAVESE,CFAPresident & Chief Investment OfficerBroyhill Asset Management (BAM)

BETH JOHNSONPartner, US Segment Leader

Family OfficesSenior Consultant

Pavilion, a Mercer Practice

MATTHEW REINER, CFAPrincipal, Co-Portfolio Manager

Adirondack Funds

EMILY SUMNER, CFA, CAIASenior Investment Manager

Gilder Office for Growth

DANIEL WARDChief Investment OfficerVirginia Tech Foundation

RAJ VENKATESANFounder & Chief Investment Officer

Trinity Alps Capital Partners

ROBERT O. WELLER, CFAExecutive Director

Sterling Capital Management

CAMPBELL WILSONFounder & Portfolio Manager

Old Well Partners

BRYAN HIGHManaging Director & Co-PM

Barings’ Global Special Situations Strategy

JAMES W. SWEETMANManaging Director, Senior Global Alternative Investment StrategistWells Fargo Investment Institute

STEVE MARINO, CFAManaging Director

South Carolina Retirement System Investment Commission

RAEL GORELICKPartner & Head of Investments

Biltmore Family Office

PATRICK BOBBINSDirector of Investments & Research

Carroll Financial

PAGE 6

10:00 am - 10:40 am

10:40 am - 10:55 am

REGISTRATION & NETWORKING TIME AT BARINGS GLOBAL HEADQUARTERSBarings Global Headquarters, 300 South Tryon (corner of 3rd & South Tryon Streets), 26th Floor, Charlotte, NC 28202 • Directions to Barings for those staying at the Kimpton Tryon Park Hotel: The Kimpton Tryon Park Hotel is connected to Barings’ Global Headquarters. Take the hotel guest elevators to the third floor and exit the hotel property via the double wooden doors at the end of the meeting room floor past the ballrooms. Upon exiting, an escalator down will bring you to the ground lobby of 300 South Tryon. Please proceed to the special event security check-in desk that will be set up in the botanical lobby seating area.• Directions to Barings for all others: Barings Global Headquarters is located at 300 South Tryon Street. Upon entering the building, please follow the directional signage to the special event security check-in desk that will be set up in the botanical lobby seating area.

SPECIAL THANK YOU TO WESTWOOD FOR YOUR CONTRIBUTION TO OUR ARRIVAL SNACKS & COFFEE BREAK!

WELCOME TO THE WINTER INVESTMENT INSTITUTE 2020ANDREA SZIGETHY, FOUNDER & CEO, THE INVESTMENT INSTITUTEDONNA HOLLY, PRESIDENT, THE INVESTMENT INSTITUTE

11:05 am -11:15 am

CO-CHAIRS’ OPENING REMARKSMARK ROBERTS, CHIEF INVESTMENT OFFICER, IRONSIDES ASSET ADVISORSCATHLEEN M. RITTEREISER, EXECUTIVE DIRECTOR, COMMONFUND INSTITUTE

FEBRUARY 24-25, 2020CHARLOTTE, NORTH CAROLINA

MONDAY

FEB24

10:55 am - 11:05 am

SPECIAL WELCOME FROM BARINGS CEOTOM FINKE, CHAIRMAN & CHIEF EXECUTIVE OFFICER, BARINGS

PAGE 7

MONDAY

DAY01

11:15 am - 12:00 pm

LOOKING THROUGH THE NOISE: IDENTIFYING TOMORROW’S SIGNALSIn this stimulating and entertaining talk, Dr. Mansharamani will help shed light on the underlying drivers of populism and rising protectionism as well as provide us a roadmap of how the future may unfold. He will then connect the dots to implications of his views to asset allocation decisions and long-term investing in the face of today’s many cross-currents. This session will discuss 1) What is going on with the U.S. and China; 2) Are we having a recession…when, where and how? 3) Inflation/deflation (rates, bond market, central bank policy). Dr. Mansharamani is a global trend-watcher who shows people how to anticipate the future, manage risk, and spot opportunities. He first gained widespread attention with the release of his first book, Boombustology, which provided a framework for spotting bubbles BEFORE they burst. His newest book is now available for pre-order on Amazon titled, Think for Yourself: Restoring Common Sense in an Age of Experts and Artificial Intelligence. He’s a columnist for the PBS Newshour and a regular contributor to Worth Magazine. The 500 million member Linkedin network listed him as the #1 Top Voice for Money, Finance and Economics for both 2015 and 2016 and Worth Magazine profiled him as one of the 100 Most Powerful People in Global Finance. In addition, he is currently a lecturer at Harvard University, and has also taught classes at Yale University on business ethics and governance, financial bubbles, and economic inequality.Keynote: VIKRAM MANSHARAMANI, PH.D., GLOBAL TREND-WATCHER, HARVARD UNIVERSITY LECTURER, PORTFOLIO MANAGER & AUTHOR, THINK FOR YOURSELF: RESTORING COMMON SENSE IN AN AGE OF EXPERTS AND ARTIFICIAL INTELLIGENCE & BOOMBUSTOLOGY: SPOTTING FINANCIAL BUBBLES BEFORE THEY BURST

Q&A DISCUSSION WITH VIKRAM MANSHARAMANI & TII AUDIENCE12:00 pm - 12:10 pm

12:10 pm - 12:50 pm

HIGHWAY TO THE DANGER ZONEBarings’ Jon Bock hosts a panel of industry experts to discuss mispriced middle market credit and the distressed managers that pick the prices. Moderator: JONATHAN BOCK, CFA, CHIEF FINANCIAL OFFICER, BARINGS BDCPanelists: PATRICK BOBBINS, DIR. OF INVESTMENTS & RESEARCH, CARROLL FINANCIALBRYAN HIGH, MD AND CO-PM, BARINGS’ GLOBAL SPECIAL SITUATIONS STRATEGYSTEVE MARINO, CFA, MANAGING DIRECTOR, SOUTH CAROLINA RETIREMENT SYSTEM INVESTMENT COMMISSIONJAMES W. SWEETMAN, MANAGING DIRECTOR, SENIOR GLOBAL ALTERNATIVE INVESTMENT STRATEGIST, WELLS FARGO INVESTMENT INSTITUTE

NETWORKING LUNCHEONTime for members to reconnect with one another!

12:50 pm - 1:50 pm

KEYNOTE

1:50 pm - 2:45 pm

UPDATE ON THE POLITICAL ENVIRONMENT, POLICY THEMES & OUTLOOKDan will walk through the current political environment, policy themes which are underappreciated by financial markets and the outlook for the next election as well as the specific investment implications of the different election outcomes. As is custom of Dan’s previous presentations, he will leave plenty of time for questions from the audience.DAN CLIFTON, PARTNER & HEAD OF POLICY RESEARCH, STRATEGAS SECURITIES, LLC

INVESTOR PORTFOLIO CONVERSATIONS – BEST INVESTMENT IDEAS FOR 2020Each of our panelists will share what they believe to be the best performing asset classes in 2020 and their top two best investment ideas moving forward.Moderator: CAMPBELL WILSON, FOUNDER & PORTFOLIO MANAGER, OLD WELL PARTNERSPanelists: RAEL GORELICK, PARTNER & HEAD OF INVESTMENTS, BILTMORE FAMILY OFFICECHRISTOPHER R. PAVESE, CFA, PRESIDENT & CHIEF INVESTMENT OFFICER, BROYHILL ASSET MANAGEMENT (BAM)EMILY SUMNER,CFA, CAIA, SENIOR INVESTMENT MANAGER, GILDER OFFICE FOR GROWTH

3:00 pm - 3:45 pm

FEBRUARY 24-25, 2020CHARLOTTE, NORTH CAROLINA

MONDAY

FEB24

AFTERNOON NETWORKING BREAKSPECIAL THANK YOU TO KPMG FOR YOUR CONTRIBUTION TO OUR SNACKS & AFTERNOON COFFEE BREAK!

3:45 pm - 4:15 pm

REGENERATIVE MEDICINE: NEW APPROACHES TO HEALTHCAREANTHONY ATALA, MD, GEORGE LINK PROFESSOR AND DIRECTOR, WAKE FOREST INSTITUTE FOR REGENERATIVE MEDICINE

4:15 pm - 5:00 pm

Q&A DISCUSSION WITH ANTHONY ATALAInterviewer: MARK ROBERTS, CHIEF INVESTMENT OFFICER, IRONSIDES ASSET ADVISORS

5:00 pm - 5:15 pm

Q&A DISCUSSION WITH DAN CLIFTON & TII AUDIENCE2:45 pm - 3:00 pm

PAGE 8

KEYNOTE

KEYNOTE

5:15 pm - 6:00 pm

A 2020 VISION OF GLOBAL OPPORTUNITIES & RISKSWith 2020 being a big election year and potentially a debt cycle and recession year, what are some investment ideas to supercharge your eyesight for the years ahead? Mark will take you on a tour around the world to find both the global opportunities and where he sees threats in the financial markets.MARK W. YUSKO, CEO & CHIEF INVESTMENT OFFICER, MORGAN CREEK CAPITAL MANAGEMENT AND MANAGING PARTNER, MORGAN CREEK DIGITAL ASSETS

Q&A DISCUSSION WITH MARK YUSKO & TII AUDIENCE6:00 pm - 6:15 pm

END OF SESSIONS DAY ONE6:15 pm

NETWORKING RECEPTION & DINNER PARTY AT MERCHANT & TRADE ROOFTOP BAR (Kimpton Tryon Park Hotel)ADDRESS: 303 CHURCH STREET, CHARLOTTE, NC 28202. Merchant & Trade is located on the 19th floor of the Kimpton Tryon Park Hotel where conference attendees are suggested to stay. There couldn’t be a more perfect restaurant and atmosphere in uptown Charlotte to bring our TII Winter Forum attendees together for a fun-filled evening of socializing and getting reacquainted with old friends or making new ones! Don’t miss this special evening where we will have the entire rooftop bar for our group at this spectacular dinner venue with panoramic views! Dress is business casual. We are truly grateful to our Winter Forum Investment Institute sponsors who have made this evening possible! We look forward to spending time with everyone!

6:30 pm - 9:30 pm

MONDAY

DAY01

PAGE 9

KEYNOTE

FEBRUARY 24-25, 2020CHARLOTTE, NORTH CAROLINA

TUESDAY

FEB25

8:00 am - 8:30 am

BREAKFAST AVAILABLE FOR ALL ATTENDEES AT BARINGS GLOBAL HEADQUARTERS, 300 SOUTH TRYON, CHARLOTTE, NC 28202(See directions for entrance to Barings noted under Monday’s 10:00am session description.)

8:30 am - 9:15 am

CLIMATE CHANGE: WHAT DOES THIS MEAN FOR INVESTORS?In this keynote address, Dr. Litterman will discuss where you should put climate change among the list of risks for investors. How serious are people taking Climate Change? Bob is the chairman of the Risk Committee at Kepos Capital LP. Prior to joining Kepos Capital in 2010, Litterman enjoyed a 23-year career at Goldman, Sachs & Co., where he served in research, risk management, investments, and thought leadership roles. While at Goldman, Litterman also spent six years as one of three external advisors to Singapore’s Government Investment Corporation (GIC). Bob was named a partner of Goldman Sachs in 1994 and became head of the firm-wide risk function; prior to that role, he was co-head of the Fixed Income Research and Model Development Group with Fischer Black. During his tenure at Goldman, Bob researched and published a number of groundbreaking papers in asset allocation and risk management. He is the co-developer of the Black-Litterman Global Asset Allocation Model, a key tool in investment management, and has co-authored books including The Practice of Risk Management and Modern Investment Management: An Equilibrium Approach (Wiley & Co.). Litterman earned a Ph.D. in economics from the University of Minnesota and a B.S. in human biology from Stanford University. He is also the inaugural recipient of the S. Donald Sussman Fellowship at MIT’s Sloan School of Management and serves on a number of boards, including Commonfund, the Robert Wood Johnson Foundation, the Sloan Foundation, and World Wildlife Fund.BOB LITTERMAN, CHAIRMAN, RISK COMMITTEE, KEPOS CAPITAL

Q&A DISCUSSION WITH BOB LITTERMAN & TII AUDIENCE 9:15 am - 9:30 am

THE OPPORTUNITIES & CHALLENGES OF INVESTING IN ASIAWhat is the importance of Asia over the next decade? Why should investors be serious about investing in Asia? Asia is a high growth region, but growth doesn’t equal return so how do investors capture returns in the region? What are the pitfalls seen in Asia and how can they be avoided? What are the nuances between the different markets? How are investors able to navigate these challenges and actually succeed? Our expert panelists will leave the audience with some interesting and actionable ideas.Moderator: ANDREW C. BURNS, JR., FOUNDER, CONOVER INVESTMENT ADVISORY, LLCPanelists: STEPHEN JOHANSEN, CHIEF INVESTMENT OFFICER, WAYPOINTERAJ VENKATESAN, FOUNDER & CHIEF INVESTMENT OFFICER, TRINITY ALPS CAPITAL PARTNERSDANIEL WARD, CHIEF INVESTMENT OFFICER, VIRGINIA TECH FOUNDATION

9:30 am - 10:15 am

PAGE 10

KEYNOTE

MORNING NETWORKING BREAK10:15 am - 10:30 am

10:30 am - 11:15 am

BUILDING & IMPLEMENTING A GOOD GOVERNANCE STRUCTURE: LESSONS LEARNEDThis panel of seasoned fiduciaries will have an open dialogue with one another on stage surrounding the issues of good governance within their organizations. Keeping consistency in your approach to governance is always key as is the decision making process. How do you prepare for your committee meetings? How do you work with your committee members? What is the relationship like between your internal staff and the committee? How do you keep the committee focused on the right issues? What does Governance mean to a manager and what are the overall challenges? Our panelists will give real examples drawing from their knowledge and experience working with boards, and how their board structure worked for them as well as challenges they may have encountered along the way. This panel will also focus on sharing some “war stories” on how they have worked with their boards and committees and how they have recovered, fixed issues and learned ways to avoid these challenges in the future. Panelists will also discuss what it was like for them when leaving one organization and starting fresh in a brand new institution. What were the benefits of starting over? This discussion will be co-facilitated by two former CIOs who both have decades of experience leading Emory University and Case Western Reserve University. Our panel of experts will come from different types of organizations bringing an LP, GP and a consultant together to discuss this very important topic facing our industry. This panel hopes to draw out conversations of both the behavioral dynamics and the investment policy that together provide the foundation for achieving investment objectives.Co-Facilitators: MARY CAHILL, PRESIDENT, RIVINGTON CAPITAL & INVESTMENT COMMITTEE, THE WOODRUFF ARTS CENTER, COMMUNITY FOUNDATION FOR GREATER ATLANTA, ZEIST FOUNDATION & FORMER CIO, EMORY INVESTMENT MANAGEMENT (EMORY UNIV.)SALLY STALEY, TRUSTEE & CHAIR OF INVESTMENT COMMITTEE, THE COLLEGE OF WOOSTER & FORMER CIO, CASE WESTERN RESERVE UNIVERSITYPanelists: DAVID GILMORE, MANAGING DIRECTOR, THE HARRY AND JEANETTE WEINBERG FOUNDATIONBETH JOHNSON, PARTNER; US SEGMENT LEADER FOR FAMILY OFFICES & SENIOR CONSULTANT, PAVILION, A MERCER PRACTICEDAVID THOMAS, FOUNDER & CHIEF INVESTMENT OFFICER, ATALAN CAPITAL PARTNERS

TUESDAY

DAY02

PAGE 11

KEYNOTE

SESSION

FEBRUARY 24-25, 2020CHARLOTTE, NORTH CAROLINA

TUESDAY

FEB25

11:15 am - 12:15 pm

ACTIVE INVESTING OPPORTUNITIES IN SMALL CAP STOCKSThis will be a panel of active and passive portfolio managers in the small capitalization equity asset class. The interactive discussion will focus on the underperformance of small cap stocks, particularly small cap value stocks, and the associated opportunities and hurdles facing portfolio managers over the next five years. This panel seeks to understand and answer the questions surrounding recent underperformance, the catalyst for future outperformance and the drivers of small cap stocks going forward. Of particular interest will be the discussion regarding the impact of computerized trading and ETFs on investing in this asset class. Daniele Donahoe, CFA will moderate the panel bringing insights from her experience as a sell-side equity analyst and small cap growth portfolio manager with Columbia Management. A very special thank you to the CFA Society North Carolina for sharing their expertise, insights and knowledge with The Investment Institute.Moderator: DANIELE M. DONAHOE, CFA, CEO & CHIEF INVESTMENT OFFICER, MCSHANE PARTNERSPanelists: DANIEL BRESLIN, DIRECTOR, PORTFOLIO MANAGER/ANALYST, LAZARD ASSET MANAGEMENTROBERT CRESCI, SENIOR PORTFOLIO MANAGER, J.O. HAMBRO CAPITAL MANAGEMENT (JOHCM USA)MATTHEW REINER, CFA, PRINCIPAL, CO-PORTFOLIO MANAGER, ADIRONDACK FUNDSROBERT O. WELLER, CFA, EXECUTIVE DIRECTOR, STERLING CAPITAL MANAGEMENT

12:15 pm - 1:15 pm

ARE YOU READY FOR THE SECOND WAVE OF THE DIGITAL REVOLUTION?In the brief time since the new millennium began, we have experienced the transformative power of the first wave of the Digital Revolution as the Internet has literally changed all the rules for how the world works. Now we find ourselves on the threshold of a second wave that will be fueled by not one, but two engines, resulting in more change in the next decade than we have seen in the past twenty-five years. Discover how the Internet of Things and Blockchain technology will produce new capabilities for improving the quality of life by expanding social collaboration, preventing illness and accidents, spawning new business and product models, generating new ways to create and distribute wealth, and ending the threats of hacking and fraud. Rod Collins shows business leaders how they can ready themselves to leverage the powerful new capabilities of the second wave of the digital revolution to lead organizations that can change as fast as the world around them. Rod will leave time for a 10-minute Q&A following his presentation for TII members to ask questions.ROD COLLINS, DIRECTOR OF INNOVATION, OPTIMITY ADVISORS & AUTHOR OF WIKI MANAGEMENT – A REVOLUTIONARY NEW MODEL FOR A RAPIDLY CHANGING AND COLLABORATIVE WORLD

PAGE 12

KEYNOTE

FEATURED

SESSION

TUESDAY

DAY02

CONCLUSION OF THE 2020 WINTER INVESTMENT INSTITUTE FORUM 1:15 pm

CLOSING LUNCHEON - RSVP REQUIRED TO ATTENDIf you have RSVP’d for our closing luncheon we look forward to seeing you. If you have not told us you were attending lunch but would like to join us please let us know as soon as possible and we will do our best to accommodate you! Don’t miss one more opportunity to network with the other attendees and speakers! Thank you!

1:15 pm - 2:00 pm

THE FALL INVESTMENT INSTITUTE FORUMOCTOBER 26-27, 2020

The St. Regis HotelAtlanta, Georgia

(MEMBERSHIP REQUIRED TO ATTEND)

UPCOMING 2020 MEMBER FORUMS

THE SPRING INVESTMENT INSTITUTE FORUMMAY 18-19, 2020

The Carolina InnChapel Hill, North Carolina

(MEMBERSHIP REQUIRED TO ATTEND)

The Investment Institute is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding

registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:www.nasbaregistry.org

PAGE 13

ABOUT THE INVESTMENT INSTITUTE

The Investment Institute (TII) provides educational forums that inspire a culture of collaboration and community among institutional investors, family offices, consultants and asset managers. Our forum content is developed with guidance from our Editorial Committee and our community consists of chief investment officers and investment team members from endowments, foundations, hospitals/healthcare, insurance companies, non-profits, corporate and public pensions and family offices as well as consultants, emerging managers, outsourced CIOs, fund of funds, hedge funds, private equity, real estate, venture capital, traditional, fixed income and other asset management firms. We have worked hard at The Investment Institute to build an organization that provides our members a relaxed, comfortable, friendly, and non-sales type of atmosphere, fostering an environment to learn and connect with one another in a way that promotes lifelong relationships, trust and friendships.

Our distinguished Editorial Committee, which reflects a cross section of various types of sophisticated institutional and private investors, engage with TII to set the direction and develop the cutting-edge timely topics and themes for all of our forums. It is with their guidance that we develop new and innovative ideas to educate our members. The Editorial Committee assists TII in the recruitment of speakers, drives the content by selecting topics, and also acts as an informal advisory board and strategic resource. It is our goal to keep our investment community abreast of industry practices on a “real-time” basis at each of our programs and to sharpen the understanding of critical factors impacting both long and short-term investment ideas leading to better investment returns. TII features some of the most well-known and leading money managers, policy makers, economists, research strategists and business leadership gurus along with some of the most prominent institutional and private investors. The programs cover complex issues surrounding the financial industry and the speaker faculty analyzes risk while revealing many opportunities in the current market environment.

We have been very fortunate to cultivate our community mostly through referrals but we also very much welcome the opportunity to meet others who may be interested in expanding their own educational and networking opportunities by attending our meetings. You can learn more about us by visiting our website or by contacting Andrea Szigethy or Donna Holly directly.

VIKRAM MANSHARAMANI HAS A NEW BOOK!VISIT AMAZON TO PRE-ORDER A COPY TODAY

Harvard lecturer and global trend watcher Vikram Mansharamani shows in this eye-opening and perspective-shifting book, our complex, data-flooded world has made us ever more reliant on experts, protocols, and technology. We’ve stopped thinking for ourselves. (Have you ever followed your GPS device to a deserted parking lot?) With stark and compelling examples drawn from business, sports, and everyday life, the author illustrates how in a very real sense we have outsourced too much of our thinking, relinquishing our autonomy.

Think for Yourself is an indispensable guide for those looking to restore self-reliant thinking in a data-driven and technology-dependent yet overwhelmingly uncertain world.

HARDCOVER - JUNE 16, 2020

THE FACES OF THE INVESTMENT INSTITUTE

ANDREA SZIGETHY, FOUNDER & CEO, THE INVESTMENT INSTITUTE, LLC Andrea is the Founder and CEO of The Investment Institute, an educational membership organization founded in 2008, for investors and managers. Previously, Andrea Szigethy was a Principal and Director of Marketing and Branding for Morgan Creek Capital Management from 2006-2016 where she led the branding, public relations, client education, events and marketing efforts for the firm. Andrea is one of the founding members of the North Carolina Chapter of 100 Women in Finance. Andrea also is a member of the Development Committee at Hope Reins of Raleigh, a wonderful Ranch where struggling kids, aged 5-18, find hope and healing from emotional traumas including the death of a parent, abuse of any kind, anxiety, etc. by working with equine counselors. Andrea also holds a position on the board of The Morgan Creek Foundation as well as on the Advancement Committee for the Hill Learning Center located in Durham, NC who provides services to children who have learning differences. Prior to joining Morgan Creek, Ms. Szigethy was the President of NMS Management, Inc., an educational investment conference company providing unbiased forums for endowments, foundations, family office executives and high net worth individuals. Ms. Szigethy spent six years at NMS in positions of increasing responsibility, concluding in her role as President of the firm. She managed all aspects of conference production, research and development, sales, marketing and relationship management. Prior to NMS, Ms. Szigethy had six years of conference management to include supervision and development across marketing and operations functions in multiple market sectors including the healthcare, biotech and pharmaceutical industries. Ms. Szigethy received her Bachelor of Arts Degree with a dual concentration in Business Administration and Psychology from the State University of New York at Albany and continuing credits towards a Master of Arts in Social Work from Adelphi University. CONTACT919.619.3265andrea.szigethy@theinvestmentinstitute.org

DONNA HOLLY, PRESIDENT, THE INVESTMENT INSTITUTE, LLCDonna Holly is the President of The Investment Institute, an educational membership organization founded in 2008 for institutional and private investors, managers and financial professionals. Previously, Donna was Director of Events Marketing at Morgan Creek Capital Management. Donna joined Morgan Creek in 2008 after working as a freelance consultant on educational events for the firm for two years. Prior to joining Morgan Creek, Donna worked at SAB Capital on the client relations and marketing team where she was responsible for overseeing the integration of the client relationship management system company-wide and providing performance and subscription documents to investors. Donna worked from 2002 to 2006 as the Director of Client Service and Project Management at NMS Management, Inc., an educational conference company designed to service the endowment, foundation and high net worth communities. Donna spent eight years as an advertising agency producer, developing TV and radio commercials for national clients, first at Wells Rich Greene BDDP and later at Ammirati Puris Lintas. She received her Bachelor of Arts degree in English from the University of Florida and is now, along with her husband, studying the development and care of chickens in her own backyard, after a culture-shock producing move to Roswell, Georgia after 19 years in Manhattan.CONTACT646.554.8800donna.holly@theinvestmentinstitute.org PAGE 15

2020 MEMBERSHIP RENEWALS ARE NOW TAKING PLACE

By joining the TII Community you will have access to attend both our Spring & Fall Forums in 2020!

We expect over 300+ attendees!

Allocators/Asset Owners, Consultants & Managers should join or renew as soon as possible to

guarantee a spot at both programs. The cost of your annual membership includes access (with no additional registration fees) to our Spring &

Fall events. Please visit our website for more information on how to become a member!

2020 MEMBERSHIP INVESTMENT FORUMS

TII SPRING FORUMMAY 18-19, 2020The Carolina InnChapel Hill, NC

TII FALL FORUMOctober 26-27, 2020The St. Regis Hotel

Atlanta, GA

INTRODUCING OUR SPRING FORUM SPEAKER FACULTYTHE CAROLINA INN, CHAPEL HILL, NC, MAY 18-19, 2020

FRANK ABAGNALE, Renowned Cybersecurity and Fraud Prevention ExpertBestselling Author & Subject of Catch Me If You Can

LUKE ELLIS, Chief Executive Officer, Man Group

CAMPBELL R. HARVEY, Distinguished Professor of Finance, Duke University and Research Associate, National Bureau of Economic Research

ANGELA LEE, Professor of Practice & Chief Innovation OfficerColumbia Business School & Founder, 37 Angels

“Tortured Data” and its Implications for Investors - Challenges Facing the Industry Today: Investing for the Long Term in an Uncertain World - Sustainability & Environmental, Social, Governance (ESG) Implementation - State of the Credit Markets - The History of the Hedge Fund Business - Investing in the Startup Ecosystem: Lessons Learned from Hearing 15,000 Startup Pitches - Manager Sourcing, Due Diligence & Investment Process - The Profit and Paradox of Monopolies - Why Real Estate Now? - A 2020 Vision of Global Opportunities & Risks - Election Update: Politics and Policy in 2020 - Cybersecurity & Fraud Prevention - Biotechnology & Healthcare Innovation

LIBBY CANTRILL, Managing Director & Head of Public Policy, PIMCO CELIA DALLAS, Chief Investment Strategist, Cambridge Associates TONY DAVIS, CEO & CIO, Inherent Group JOHN “BOOTS” DUNLAP, CEO & Co-Founder, RRA Capital VANITA GAONKAR, Sr. Investment Officer, Robert Wood Johnson SUSANNE GEALY, Senior Director, Investments, CommonSpirit Health LIBBY GEORGE, Director of Investments, NC State University LARISSA HERCZEG, Managing Partner, Oak Street Real Estate Capital JONATHON KING, President & CEO, UNC Management Company BRYAN LEWIS, Vice President and CIO, United States Steel Corporation KATHERINE MOLNAR, Chief Investment Officer, Fairfax County Police Officers Ret. Sys. DON MULLEN, Chief Executive Officer, Pretium Partners MUTHU MUTHIAH, Chief Investment Officer, Group Health Foundation DANIEL ROBERTS, Americas Select PM, Head of Research & Partner, Marshall Wace North America ERIC SMITH, CEO & Founding Member, Locust Point Capital JONATHAN TEPPER, Chief Investment Officer, San Blas Capital DANIEL WARD, Chief Investment Officer, Virginia Tech Foundation LAUREN TAYLOR WOLFE, Co-Founder & Managing Partner, Impactive Capital MARK W. YUSKO, CEO & CIO, Morgan Creek & Managing Partner, Morgan Creek Digital Assets

A FEW 2020 UPCOMING TOPICS

FEATURED SPEAKERS & PANELISTS

KEYNOTE SPEAKERS

THANK YOU FOR SUPPORTING OUR MISSION FOR EDUCATION! WE ARE SO GRATEFUL FOR YOUR COLLABORATION, CONTRIBUTION AND

COMMITMENT TO OUR COMMUNITY!

ARRIVAL SNACKS & COFFEE BREAK SUPPORTER

AFTERNOON REFRESHMENT BREAK SUPPORTER

PANEL CONTENT SUPPORTER

FEATURED LEAD SPONSOR

BARINGS.COM/ADAPTABILITY

As the investment landscape changes, your needs do, too.

At Barings, our global teams provide access to a broader set of asset classes,

deeper local insights and customized, innovative solutions.

Learn more about how we help our clients move ahead, and beyond.

20-1078485

WWW.THEINVESTMENTINSTITUTE.ORG