2019 MMI Alternative Investments Forum

June 3, 2019 | New York City
Harvard Club of New York City

35 West 44th Street
New York, NY 10036

Forum Co-Chairs:
Jeremy Beal,
 Managing Director, Head of Alternative Investments, Morgan Stanley Wealth Management
Paul Weisenfeld, Director, National Accounts and Alternative Investments, Legg Mason

As the world of alternative investments continues to grow – with nearly $10 trillion in assets flowing into alternatives over the last 15 years – asset managers and sponsors need to focus more than ever on developing ways to explain the complexities of this asset class and the myriad products it offers to advisors and investors.

The MMI Alternative Investments Forum provides a unique setting for asset managers and sponsor firms to connect with leaders from the alternatives space. Be part of the conversation on June 3rd at the Harvard Club of New York City as senior executives from wirehouses, IBDs, banks, and RIAs join their counterparts from the arenas of private equity, hedge funds, real estate, and MLPs to discuss strategies to unpack the intricacies of the changing landscape of alternative investments for financial advisors and their clients.

Who Should Attend? Platform sponsors and distributors, alternatives providers, investment managers – anyone interested in learning more about the latest trends in the alts space and connecting with key participants.

Attendance is limited to three representatives per firm. To encourage an interactive program, no media will attend. 

If you are interested in attending, contact us at events@mminst.org or (646) 868-8500. Please note, space is limited.

We look forward to seeing you on June 3rd in New York City!

Additional Information



7:45 AM – 8:15 AM
Registration and Networking Breakfast

8:15 AM – 8:30 AM
Welcome and Opening Remarks

Arlen Oransky, Senior Vice President, Chief Membership and Programs Officer, MMI
Jeremy Beal, Managing Director, Head of Alternative Investments, Wealth Management, Morgan Stanley Wealth Management
Paul Weisenfeld, Director, National Accounts and Alternative Investments, Legg Mason

8:30 AM – 9:15 AM
Opening Keynote Presentation

The Game Has Changed
KKR’s Henry McVey will discuss the current global economic backdrop and the four major influences that are requiring a different approach to asset allocation in 2019: 1) a notable shift from monetary policy to fiscal policy is under way; 2) technology, while still an incredibly powerful agent of change in the global economy, now faces more valuation and regulatory headwinds; 3) tightening liquidity conditions amidst higher real rates are macro headwinds that must now be considered; and 4) the rise of geopolitical uncertainty warrants a higher risk premium than in the past.  

Henry McVey, Member & Head of Global Macro & Asset Allocation, Chief Investment Officer of KKR Balance Sheet, KKR

9:15 AM – 10:15 AM
Tax Investing & Qualified Opportunity Zones 

Individual investors today have a wide range of tax-advantaged investment options – and making sense of each product in the channel is critical. This panel will discuss how 1031s, exchange funds, and new legislation on opportunity zones is changing the investment landscape. The passage of the 2017 Tax Cuts and Jobs Act created incentives for investors to move capital towards underdeveloped areas in the United States, and policy changes broadly have created new investment opportunities. As investors assess which products best suit their portfolios, the panel will shed light on the details of each.

Luzmarina Lalli,
Private Equity & Real Assets Product Specialist, Merrill Lynch

Juan Jimenez, Senior Vice President, Brookfield Asset Management
Jill Mozer, Managing Director, Black Creek Group
Abbas Tahir, CFA, Portfolio Manager, Goldman Sachs Asset Management

10:15 AM – 10:30 AM
Refreshment and Networking Break

10:30 AM – 11:15 AM
Market Update: Non-Traded REITs, BDCs and Interval Funds 

William Daly of Robert A. Stanger & Co. will provide a market update on Non-Traded REITs, BDCs, and Interval Funds. Founded in 1978, Stanger is a preeminent boutique investment bank dedicated to the real estate sector. Mr. Daly will discuss the current distribution challenges or “hurdles” for each of the product structures in the real estate space and review distribution trends and forecasts. The discussion will include a wealth of supporting data and provide commentary on the industry as a whole.

William Daly, Managing Director, Robert A. Stanger & Co., Inc.

11:15 AM – 12:15 PM
Impact/Sustainable Investing

This panel will provide insight into how leaders in ESG and sustainability look at alternative investments and their impact on the investment landscape. The discussion will explore different perspectives from asset managers and gatekeepers on how they incorporate sustainability into their processes. Among the topics that will be discussed:

  • How sustainable investing is affecting tech, healthcare and other sectors in the alternatives space;
  • Whether demographics are having a significant impact on how dollars are being deployed, and
  • If investor sentiment/demand is driving product origination and investment.

Barbara Reinhard,
Managing Director, Head of Asset Allocation, Voya Investment Management

Andrew Howard,
Head of Sustainability Research, Schroders
Anna Snider, Head of Due Diligence, Global Wealth and Investment Management CIO Office, Merrill Lynch
Lily Trager, Executive Director, Director of Investing with Impact, Morgan Stanley

12:15 PM – 1:15 PM
Networking Luncheon

1:15 PM – 2:15 PM
Regulatory Update: Business Perspective  

This session will discuss the SEC’s national exam program, its current priorities, and the SEC’s examination focus on managed account programs and offering of alternative investments.

Daniel Kahl, Deputy Director, Office of Compliance Inspections and Examinations (OCIE), SEC
Steve Stone, Partner, Morgan, Lewis & Bockius

2:15 PM – 2:45 PM
Surveying the Alternatives Landscape

A fourth quarter equity market selloff shifted market sentiment toward a more cautious path, only to reverse course in the first quarter of 2019 as U.S. equities posted their best gains in last 20 years. As markets sent mixed signals, investors continued to eagerly allocate to a wide range of alternative investment solutions in search of portfolio diversification and incremental returns. In this session, FUSE's Patrick Newcomb will draw on data from MMI's 2019 Retail Distribution of Alternative Investments report to measure the pulse of the alternative investments marketplace across the industry's most important wealth management platforms, examining market share and sales trends in both the traditional and liquid segments of the market.

Patrick Newcomb, Director of BenchMark Research, FUSE Research Network

2:45 PM – 3:00 PM
Refreshment and Networking Break

3:00 PM – 4:00 PM
Distribution Strategies
Distribution of alternative investments is strategically changing across the varied channels from large wires to RIAs. As alternative managers seek broader distribution of their investment strategies, and traditional long only shops seek diversification of their product lineups, partnerships are forming to bring these complementary strengths to the table. Product development, and the rise of structures such as BDCs and interval funds, are changing the landscape of opportunity. Technology platforms are moving towards linking alternative investment market participants via one standard, efficient process. This panel will address how these trends – and the innovation they are driving – will improve the distribution of alternative investments.

Topics will include:

  • Product development opportunities for broader distribution of alternatives,
  • The industry shift to the mass affluent,
  • Platform assessment of new technologies and new product structures, and
  • Structural and operational challenges.

Athena Ole,
Head of Private Funds, Nasdaq Private Market

Steve DeAngelis,
Senior Managing Director, Head of Distribution, FS Investments
Jerry Pascucci, Head of Global Alternative Investment Solutions, Global Wealth Management, UBS
Jeff Schwaber, Chief Executive Officer, Bluerock Capital Markets, LLC

4:00 PM – 5:00 PM
Product Origination: Sourcing, Structuring, Diligence, and Distribution

This session will provide insight into how asset managers, broker-dealers, and alternative platforms choose funds and structures to distribute new investment theses into the marketplace in order to increase assets and provide differentiated return streams. Among the topics that will be explored: areas of conviction across market segments including the mass affluent, the $1 million to $5 million space, and $5 million and above; perceived gaps in the marketplace; and best practices for asset managers and intermediary partners in bringing new products to market.

Tim Rolfs,
Vice President, Alternative Investments and Capital Markets, LPL Financial

Aimee Almeleh, 
Senior Vice President, PIMCO
Keith Jones, Senior Managing Director, Co-Head of Global Alternatives Product, Nuveen 
Carmen Lai, Executive Director, Alternative Investments Group, Morgan Stanley

5:00 PM
Closing Remarks and Adjournment

Keynote Speaker

Henry McVey

Henry McVey
Member & Head of Global Macro and Asset Allocation, CIO of KKR Balance Sheet

CE Credit

Investments & Wealth Institute® has accepted the 2019 Alternative Investments Forum for 4.0 hours of CE credit towards the CIMA®, CPWA®, CIMC®, and RMA℠ certifications.




Sponsorship Opportunities

The Forum represents a unique opportunity to make new connections with senior executives from leading managers and distributors in the alternatives space and showcase your firm's offerings. Please review the available packages and contact Arlen Oransky (aoransky@mminst.org or 646-868-8505) to secure your sponsorship.

Venue Information

Harvard Club of New York City
35 West 44th Street (44th Street between 5th and 6th)
New York, NY 10036

The Harvard Club of NYC is located in midtown Manhattan on 44th Street between 5th and 6th Avenues, close to Time Square and Grand Central Station. The Club has two entrances, one at 27 W 44th and the other at 35 W 44th.

Club Website

Parking: The Harvard Club of New York City has preferred self-parking rates with the Icon parking garage located at 38 West 43rd Street (between 5th and 6th avenues). To secure special rates, please make sure to have the Front Office or Concierge validate your parking ticket.

Press: No working press is permitted in the Club at any time.

Cell Phone Usage: All cell phones within the clubhouse must be set to ‘silent’ or ‘vibrate’ mode. Cell phones not set to silent or vibrate modes may not be used in any area of the Club. The discreet use of cell phones for making and receiving calls is permitted in the lobby/elevator lobby of 35 West 44th Street, the telephone room and coat room of 27 West 44th Street, the elevator lobby of 35 West 44th Street, and within MMI’s designated meeting space.

Dress Code

Business Casual attire is appropriate with collared shirts for men and the equivalent appropriate attire for women (jackets and ties are optional).

Hotel Suggestions

Algonquin Hotel
59 W 44th Street
New York, NY 10036

City Club Hotel
55 W 44th Street
New York, NY 10036

Hotel Mela
120 W 44th Street
New York, NY 10036

Iroquis Hotel
49 W 44th Street
New York, NY 10036

Mansfield Hotel
12 W 44th Street
New York, NY 10036

Royalton Hotel
44 W 44th Street
New York, NY 10036

Sofitel New York Hotel
45 W 44th Street
New York, NY 10036

Registration Fee

Registration categories and pricing are as follows:
Early Registration: 
$895 (Registering 4/24/19 - 5/10/19)
Standard Registration: $995 (Registering 5/11/19 - Onsite)

Volume Discount for Multiple Attendees:
A 20% discount off of the Standard Rate is available for additional participants from the same firm once two participants have enrolled at the full conference rate. Please contact MMI at 646-868-8500 for the discount code.

Cancellation/Transfer Policy

All cancellations and transfers are subject to a $50 cancellation/transfer fee. Full refunds minus the $50 cancellation/transfer fee will be granted for cancellation requests received prior to 5:00 PM ET on Friday, May 24, 2019. After that time, no refunds or credits will be granted, however your registration can still be transferred to another individual at your firm. To cancel or transfer your registration, please notify MMI at (646) 868-8500.

MMI Conference Code of Conduct/Antitrust Guidelines and Compliance Policy

Money Management Institute (MMI) conferences and events provide an opportunity for MMI members and other industry participants to come together for educational and networking purposes. Inappropriate behavior, such: as possible illegal conduct; use of derogatory or discriminatory language, gestures or actions; verbal or physical abuse of any type, unwanted advances or invasions of privacy; or any activity that might be construed as harassment, racism, or sexism, is unacceptable and will not be tolerated.

If you aware of, or are involved in an incident, at an MMI conference or event that violates this Code of Conduct, please contact MMI immediately. MMI will promptly and confidentially investigate any reported activities and take appropriate action.

Please also familiarize yourself with the MMI Antitrust Guidelines and Compliance Policy.


Attendee Registration:
events@mminst.org or (646) 868-8500

Speaker Registration:
Hilary Fiorella
hfiorella@mminst.org or (646) 868-8515

Fees & Billing:
Samantha Lustig
slustig@mminst.org or (646) 868-8516

Sponsorship Opportunities:
Arlen Oransky 
aoransky@mminst.org or (646)-868-8505