Docstoc

DISCUSS_ DEBATE

Document Sample
DISCUSS_ DEBATE Powered By Docstoc
					           DISCUSS, DEBATE
            AND
                 DELIBERATE AT THE
           ABSOLUTE RETURN SYMPOSIUM 2008
                                         NOVEMBER 19 & 20 | 583 PARK AVENUE, NEW YORK


             How will the smart money profit in a distressed world?
             Commodities conundrum: Peak oil or global recession?
             Will the equities rout continue?
             What will hedge funds do without leverage?

            HEAR FROM KEYNOTE SPEAKERS…
                                                                     JAMIE DINAN
                                                            York Capital Management




                                                                    ERIC MINDICH
                                                        Eton Park Capital Management




                                                                  JOHN PAULSON
                                                                       Paulson & Co




                                                                     PETER THIEL
                                                         Clarium Capital Management




                                    ...Plus many more leading hedge fund managers and investors



THE ABSOLUTE RETURN AWARDS
TAKE PLACE ON NOVEMBER 18

JOIN US FOR A COCKTAIL RECEPTION
ON NOVEMBER 19 AT FRED’S AT BARNEYS
                                                                                                                                                PROGRAM
WEDNESDAY NOVEMBER 19

   9:00am             Doors open and breakfast
   9:45am             Welcome and introductory briefing from Absolute Return
  10:00am             The state of the industry
                      With performance flagging, asset growth sluggish and closures outnumbering new fund launches, this year has been one of the toughest in recent
                      memory. How will hedge funds prove their merit in the new financial paradigm? In this “big picture” session, panelists will discuss how institutional
                      investors are likely to view hedge funds going forward, detail which strategies are the most promising and predict what the shakeout will bring.

                      Speakers:
                      Max Holmes, Plainfield Asset Management | Bruce Ruehl, Gleacher Advisors | Larry Siegel, Ford Foundation | Paul Zummo, J.P. Morgan Alternative Asset
                      Management
  10:45am             Coffee break
  11:15am             The commodities debate
                      Energy has been the hot area, with oil prices soaring early in the year, then crashing down in July, with the rest of commodities following suit. Has the
                      peak oil theory been discredited by the downturn, or is this a temporary blip caused by global recession and financial flows? More important to hedge
                      funds, is it a market for fundamental investors – or only a place for nerves-of-steel traders?

                      Speakers:
                      Bill Callanan, Fortress Investment Group | Danny Masters, Global Advisors | Mike Masters, Masters Capital Management | Paul Touradji, Touradji Capital
                      Management
  12:00pm             Keynote speaker: Peter Thiel, Clarium Capital Management
  12:45pm             Lunch
   2:00pm             Keynote speaker: Eric Mindich, Eton Park Capital Management
   2:45pm             The leverage conundrum
                      Since the credit crisis began in the summer of 2007, leverage has been scarce and expensive. We are now learning who’s been channeling alpha and
                      who was just leveraging beta. Do investors know enough about a fund’s leverage position and should leverage be regulated in the future? Which hedge
                      funds can survive – even thrive – without easy credit?

                      Speakers:
                      Ken Grant, Risk Resources | Tony Lembke, MKP Capital Management | Michael Lewitt, Harch Capital Management | Jeffrey Solomon, Ramius Capital
                      Group
   3:30pm             Coffee break
   4:00pm             The distressed era
                      In the new distressed environment, how will the smart money profit? Many distressed managers have been sidelined for years, waiting for easy credit to
                      dry up and for default rates to rise. The tide is now turning in their favor, but when will they actually make money? And what other strategies will funds
                      deploy to seize opportunities presented by the evolving credit landscape?

                      Speakers include:
                      Daniel Arbess, Perella Weinberg Partners Xerion Fund | Rob Ladd, D.E. Shaw | Don Morgan, Brigade Capital Management
   4:45pm             Close
    5:00 -
   7:30pm                                                   COCKTAIL RECEPTION AT FRED’S AT BARNEYS (660 Madison Avenue)
                                                            This glamorous cocktail reception will be the ultimate networking opportunity of this 2 day event where
                                                            you can expect to meet some the industry’s leading players.




The program is provisional and is subject to change at the organizer’s discretion
THURSDAY NOVEMBER 20

 8:00am   Doors open and breakfast
 9:00am   Investors speak out
          As poor performing hedge funds increasingly put up gates or shove assets into side pockets, will investors finally push back on terms? There is some
          evidence that change is afoot, with funds making concessions on lockups, gates and even fees. A panel of investors will assess the new environment,
          discussing which practices need to change and which ones actually protect investors.

          Speakers:
          Tim Berry, Private Advisors | Susan Crotty, Tremont Capital Management | Sandra Manzke, Maxam Capital Management | Scott Schweighauser, Harris
          Alternatives
 9:45am   Will the equities rout continue?
          Stock markets have been exceedingly volatile this year, with ongoing woes of the financial industry taking the indices down as bad news continues to spill
          out of the financial sector. Our panel of equities managers – bulls and bears amongst them – will look at the year ahead and suggest when the downdraft
          will end, and how to play it until then.

          Speakers:
          Chris Burn, Goshen Investments | Paul Mampilly, Kinetics Advisers | Alex Roepers, Atlantic Investment Management | Hal Schroeder, Carlson Capital
10:30am   Coffee break
11:00am   Keynote speaker: Jamie Dinan, York Capital Management
11:45am   The impact of institutionalization
          Many hedge funds have become big institutions in recent years by selling stakes to big banks, going public, or merely by attracting the big institutional
          money. Has this trend hurt or helped them? Some of the biggest players have been reporting losses, and many have faced redemptions and a drain on
          talent. What are the lessons to be learned, and what can we expect to see in the near future?

          Speakers:
          Tanya Beder, SBCC Group | Mohsen Fahmi, Moore Capital Management | Salim Ramji, McKinsey & Co. | Emmanuel Roman, GLG Partners
12:30pm   Lunch
 2:00pm   Keynote speaker: John Paulson, Paulson & Co
 2:45pm   Emerging markets: Is decoupling for real?
          After strong gains last year, nearly every emerging market has plunged, often more steeply than the markets of developed nations. In a global economy, can
          the emerging markets really decouple from the United States and Europe? Will emerging market hedge funds find new ways to hedge their long bets? And
          where are the pockets of opportunity?

          Speakers:
          Frank Brochin, Stonewater Capital | Alberto Franco, Quantek Asset Management | Gary Kreps, Marathon Capital Management | Vik Mehrotra, Venus Capital
          Management
 3:30pm   Coffee Break
 4:00pm   Macro: How has the world changed?
          As the credit crisis continued to unfold, the global economy has slowed dramatically. This year, stock markets are gyrating violently, the dollar reversed
          its years-long downward slide against the euro and the white-hot commodity market has cooled, forcing some dedicated players to close up shop. How
          are global macro players profiting from these massive dislocations in asset classes, and how are they hedging their bets? What themes do macro players
          expect to play going forward?

          Speakers:
          Melissa Ko, Covepoint Capital | Matt Luckett, Balestra Capital | Andy Redleaf, Whitebox Advisors | John Taylor, FX Concepts
 4:45pm   Post-election outlook on regulation and taxes
          With the financial industry in shambles and a new government in Washington, hedge funds face an uncertain political future. Greater disclosure could result
          from the President’s Working Group design for a new regulatory authority, while efforts to rein in commodities trading and short selling could also affect
          hedge funds, as would new tax proposals. How are hedge funds preparing for the new era?

          Speakers:
          Richard Baker, Managed Funds Association | James Chanos, Kynikos Associates | Heather Slavkin, AFL-CIO | Carmencita Whonder, Brownstein Hyatt Farber
          & Schreck LLP
 5:30pm   Close



WWW.ABSOLUTERETURNSYMPOSIUM.COM
The Absolute Return Symposium is a major event that will bring together the hedge fund industry’s elite from the U.S.
and around the globe to engage in high-level debate of issues facing them in today’s turbulent markets. Now in its
fifth year, this unique two-day conference, taking place on November 19 & 20 at 583 Park Avenue in New York, will
attract over 500 attendees.
This year for the first time, an Absolute Return Symposium Advisory Board, composed solely of previous Symposium speakers who are some of
the industry’s most highly regarded players, has been formed to help develop the conference into a not-to-be missed event.
   Frank Brosens - co-founder of Taconic Capital Advisors
   Mike Hennessy - managing director of Morgan Creek Capital Management
   Elizabeth Hilpman - chief investment officer of Barlow Partners
   Marc Lasry - chairman, chief executive and a founding partner of Avenue Capital Group
   John Paulson - founder, president and senior portfolio manager of Paulson & Co.
   Max Stone - executive committee member of D. E. Shaw
   Eric Vincent - president of Ospraie Management and chairman of the Managed Funds Association
   Joelle Weiss - president and chief investment officer of CBG Investment Advisors

Top managers and investors will debate the strategies and issues as big questions face the hedge fund industry. With ample networking
opportunities, you can expect to meet some of the industry’s stars as well as some up and comers.

The event is held on the two days following the Absolute Return Awards dinner, where the best-performing U.S. hedge funds of the year will be
announced. Book your ticket for both the Awards and Symposium now for a special discounted rate and ensure your place at the most exciting
Absolute Return events ever!


                                                                      FINAL NOMINEES HAVE BEEN ANNOUNCED!
                                            The 2008 Absolute Return Awards will bring together the top players in the U.S.
                                              hedge fund industry for a magnificent evening of networking, fine dining and
                                                           an acknowledgement of this year’s best performing managers.

                                                                                                                      November 18
                                                                                                         583 Park Avenue, New York
                                                                                                            (63rd and Park Avenue)
                                                                                                                   Doors open 6pm




        BOOK A TABLE NOW AT
        www.absolutereturnawards.com
KEYNOTE SPEAKERS
                     JAMIE DINAN - York Capital Management                                                          Daniel Arbess - Perella Weinberg Partners Xerion Fund
                     Jamie Dinan founded York Capital Management in September 1991 and is                           Richard Baker - Managed Funds Association
                     the chairman, chief executive officer and a managing partner of the firm. He                     Tanya Beder - SBCC Group
                     is also the co-portfolio manager of the York multistrategy funds. From 1985 to                 Tim Berry - Private Advisors
                     1991, he worked at Kellner, DiLeo & Co., where he became a general partner.                    Frank Brochin - Stonewater Capital
Prior to this, Jamie worked as an investment banker at Donaldson, Lufkin & Jenrette, Inc. Currently                 Chris Burn - Goshen Investments
Jamie is chairman of the board of trustees for the Museum of the City of New York. He is a board of                 Bill Callanan - Fortress Investment Group
directors’ member of Publicolor and the Christopher and Dana Reeve Foundation, and a member                         James Chanos - Kynikos Associates
of the Wharton undergraduate executive board at the University of Pennsylvania.                                     Susan Crotty - Tremont Capital Management
                                                                                                                    Mohsen Fahmi - Moore Capital Management

                     ERIC MINDICH - Eton Park Capital Management                                                    Alberto Franco - Quantek Asset Management
                                                                                                                    Ken Grant - Risk Resources
                     Eric Mindich is founder and CEO of Eton Park Capital Management, managing
                                                                                                                    Max Holmes - Plainfield Asset Management
                     more than $13 billion. Prior to forming Eton Park in 2004, Eric spent 15 years
                                                                                                                    Melissa Ko - Covepoint Capital
                     at Goldman Sachs running the equities arbitrage department from 1992
                     until 2000. At age 27, he became the youngest partner ever in the history
                                                                                                                    Gary Kreps - Marathon Capital Management
of Goldman Sachs. Eric became co-chief operating officer of the equities division in 2000 and in
                                                                                                                    Rob Ladd - D.E. Shaw
2002 became co-head of the equities division and a member of the Goldman Sachs management                           Tony Lembke - MKP Capital Management
committee. In 2003, he joined the executive office as senior strategy officer and chair of the                        Michael Lewitt - Harch Capital Management
Firmwide Strategy Committee. Eric currently serves as chair of the Asset Managers Committee                         Matt Luckett - Balestra Capital
(AMC) established by the President’s Working Group on financial markets (PWG).                                       Paul Mampilly - Kinetics Advisers
                                                                                                                    Sandra Manzke - Maxam Capital Management
                                                                                                                    Danny Masters - Global Advisors
                        JOHN PAULSON - Paulson & Co.                                                                Mike Masters - Masters Capital Management
                        John Paulson is the president and senior portfolio manager of Paulson &                     Vik Mehrota - Venus Capital Management
                        Co. Inc., which he founded in 1994. Paulson manages approximately $35                       Don Morgan - Brigade Capital Management
                        billion in merger, event and distressed strategies. Prior to this, John was
                                                                                                                    Salim Ramji - McKinsey & Co.
                        a general partner of Gruss Partners and a managing director in mergers
                                                                                                                    Andy Redleaf - Whitebox Advisors
and acquisitions at Bear Stearns. John received a Masters of Business Administration with high
                                                                                                                    Alex Roepers - Atlantic Investment Management
distinction, as a Baker Scholar, from Harvard Business School in 1980. He graduated summa cum
                                                                                                                    Emmanuel Roman - GLG Partners
laude in Finance from New York University’s College of Business and Public Administration in 1978.
                                                                                                                    Bruce Ruehl - Gleacher Advisors
                                                                                                        PANELISTS



                                                                                                                    Hal Schroeder - Carlson Capital
                     PETER THIEL - Clarium Capital Management                                                       Scott Schweighauser - Harris Alternatives
                     Peter Thiel is the president and chairman of Clarium’s investment committee                    Larry Siegel - Ford Foundation
                     overseeing the firm’s research, investment, and trading strategies. Before                      Heather Slavkin - AFL - CIO
                     starting Clarium, Peter served as chairman and CEO of PayPal, Inc., an                         Jeff Solomon - Ramius Capital Advisors
                     Internet company he co-founded in December 1998 which was acquired by                          John Taylor - FX Concepts
                     eBay for $1.5 billion in October 2002. Prior to founding PayPal, Peter ran Thiel               Paul Touradji - Touradji Capital Management
Capital Management LLC, which started with $1 million under management in 1996. Peter began                         Carmencita Whonder - Brownstein Hyatt Farber & Schreck   LLP
his financial career as a derivatives trader at CS Financial Products, after practicing securities law               Paul Zummo - J.P.Morgan Alternative Asset Management
at Sullivan & Cromwell. In addition to managing Clarium, Peter is active in many philanthropic and
educational pursuits.                                                                                               Please visit the website for a full speaker list
                                                                                                                    www.absolutereturnsymposium.com



Absolute Return subscribers
receive a 15% discount – book
now to avoid disappointment!
This discount is only available to named subscribers.
NOVEMBER 19 & 20, 2008 - 583 PARK AVENUE, NEW YORK


BOOKING FORM                                                                                                                                                                   FOR REGISTRATION INQUIRIES:
                                                                                                                                                                Email: delegates@hedgefundintelligence.com
                                                                                                                                                                                   Tel: +44 (0)20 7779 7350
                                                                                                                                                                         www.absolutereturnsymposium.com

PLEASE COMPLETE IN BLOCK CAPITALS (All fields are mandatory)

    Mr / Mrs / Miss / Ms / Dr (please delete as appropriate)                                                                Telephone
    First Name                                                                                                              Email
    Last Name                                                                                                              (Please provide your email address so you can be contacted using greener
                                                                                                                           methods of communication)
    Company
    Job Title

    Address
                                                                                                                             Type of business

    City                                                           Postcode/Zip code                                                Hedge Fund                      Fund of Funds                  Investor
    Country                                                                                                                         Service Provider                Other
                                                                                                                                                                                                                         (Please specify)



 Standard booking rate                    (please tick one only)                                                         Payment details


            $3,500 / £1,750 / €2,200                                                                                       I would like to pay in:

            I am an Absolute Return named subscriber (15% discount)                                                             US Dollars ($)                     Pounds Sterling (£)                        Euros (€)
            $2,975 / £1,490 / €1,870
                                                                                                                           Credit Card Details
 Hedge fund manager / investor rate
                                                                                                                                 VISA               MasterCard                 AMEX              I would like to pay by check

      $1,800 / £900 / €1,130                                                                                               Card No:
  Hedge fund manager / investor rates
         I am an Absolute Return named subscriber (15% discount)
         $1,530 / £765 / €960

           I am a not for profit institutional investor and would like to attend for free                                   Expiration Date:                                             Verification No:

           I am a hedge fund manager or investor, and would like to purchase a joint                                       Cardholder’s Name:

        Symposium & Awards ticket $2,160 / £1,080 / €1,345                                                                 Cardholder’s Billing Address:

   Joint Symposium and Awards ticket
   Hedge fund managers and investors have the opportunity to buy a joint                                                   Signature:
   Absolute Return Symposium and Absolute Return Awards ticket for just                                                    Full Name (printed):
   $2,160 / £1,080 / €1,345.
   This is equivalent to a 20% discount off of both events.                                                                Date:

  Cancellation Policy: Please note that we do not accept cancellations.
                                                                                                                                    I enclose a check made payable to HedgeFund Intelligence Ltd and send to
  Transfers are by written requests only. HedgeFund Intelligence reserves the
                                                                                                                                    Nestor House, Playhouse Yard, London, EC4V 5EX.
  right to refuse transfers.
                                                                                                                                                                                                                          ARS08DM3


                                    FAX BACK TO: +44 (0)20 7779 7331
 The information you provide will be safeguarded by the Euromoney Institutional Investor PLC group, whose subsidiaries may use it to keep you informed of relevant products and services. We occasionally allow reputable companies
 outside the Euromoney Institutional Investor group to contact you with details of products that may be of interest to you. As an international group, we may transfer your data on a global basis for the purposes indicated above. As an
 international group, we may transfer your data on a global basis for the purposes indicated above. If you object to contact by telephone       fax     or email    please tick the box.
 If you do not want us to share your information with other reputable companies please tick this box

				
DOCUMENT INFO
Shared By:
Categories:
Stats:
views:118
posted:3/20/2010
language:English
pages:6