University of Texas at Austin

2018 Texas Private Equity Conference

2018 Texas Private Equity Conference

2018 Texas Private Equity Conference

McCombs School of Business McCombs School of Business

2018 Texas Private Equity Conference

The Texas Private Equity Conference is sponsored annually by the Hicks, Muse, Tate & Furst Center for Private Equity Finance. The conference provides an opportunity for finance researchers and practitioners to discuss current issues of interest to both the venture capital and buyout communities.

Conference Date & Location
February 9, 2018
AT&T Executive Education and Conference Center
The University of Texas at Austin
1900 University Avenue
Austin, TX 78705


Conference registration is now open. Register Now

Program

Program

8:00 am - 8:30 am 
Registration and Breakfast 
8:30 am - 8:35 am 

Opening Comments
Speaker: Eric Hirst, Associate Dean for Academic Affairs, McCombs School of Business

8:35 am - 9:20 am

Keynote Discussion:  James Zelter, Managing Director-Credit, Apollo Global Management and

                                         Jase Auby, Deputy Chief Investment Officer, Teacher Retirement System of Texas

9:20 am - 9:40 am

Break

9:40 am - 10:40 am Panel 1: Identifying, Attracting, Motivating, and Retaining Portfolio Company Talent
This session will address talent-related challenges faced by venture capital and buyout investors. The discussion will address the identification and recruitment of talented individuals, structuring their compensation to attract and motivate them, and the challenges associated with retaining them.

Moderator:
Christopher Manning, Managing Partner, Trilantic Capital Partners North America

Panelists:

Ross Gatlin, Managing Partner, Prophet Equity
Tiffany Kosch, Managing Director, CenterGate Capital

Kevin Lalande, Managing Director, Santé Ventures

Eric Leventhal, Partner, Spencer Stuart

Kevin Murphy, Kenneth L. Trefftzs Chair in Finance and Professor of Finance and Business Economics,  

  USC Marshall School of Business

10:40 am - 11:00 am Break


11:00 am - 12:00 pm
Panel 2: The Future of Energy Investments
This session will examine a broad range of energy-related investment opportunities, from traditional oil and gas to power and renewables, with the goal of identifying attractive future investment opportunities. Energy will continue to be crucial to the strength of our economy and our security, regardless of the technology that dominates this sector in the future. Understanding the energy landscape is central to making good investment decisions in this area.

Moderator:
Sheridan Titman, McAllister Centennial Chair in Finance, McCombs School of Business

Panelists:

Bruce Hogg, Managing Director, Head of Power and Renewables, Real Assets, CPP Investment Board

Cedric Lucas, Managing Director, Energy and Infrastructure, Kohlberg Kravis Roberts & Co.

Cory Steffek, Managing Director, Aramco Energy Ventures
James Wallis, Partner, NGP Energy Capital Management

12:00 pm - 1:40 pm

Lunch

Keynote Speaker: 
Tim Pawlenty, Former Governor of Minnesota and CEO of Financial Services Roundtable


Scholarship Recipient Recognition: Steve Limberg, Associate Dean for MBA Programs, McCombs School of Business                     

1:40 pm - 2:40 pm Panel 3: The Emerging Cyber Security Risk in Private Equity Investing
This session will examine the growing cyber security threat, strategies to identify risks, how the risks are changing, and the costs of securing corporate assets. Cyber security threats are dramatically increasing risks for private equity investors. The number of data breaches at US companies has increased dramatically over the past ten years, and the loss of intellectual property from breaches is expected to exceed $2 trillion globally by 2020. The risks for private equity investors include theft of intellectual property, loss of customer and supplier information, direct financial losses, and damage to corporate reputations; all of which lead to the direct loss of company value. Cyber threats are increasingly coming from state actors, in addition to corporate competitors and independent hackers.

Moderator:
Ken Wiles, Associate Director, Hicks, Muse, Tate & Furst Center for Private Equity Finance

Panelists:

Jake Olcott, Vice President of Strategic Partnerships, BitSight Technologies

Zach Furness, Technical Director, National Cybersecurity FFRDC, The MITRE Corporation

Boe Hartman, Chief Information Officer, GS Bank USA, Goldman Sachs

Brian Kelly, Chief Security Officer, Rackspace
Tim Millikin, Principal, TPG Capital and TPG Growth
2:40 pm - 2:45 pm Closing Comments
Speaker: Robert Parrino, Director, Hicks, Muse, Tate & Furst Center for Private Equity Finance

Keynote Speakers

Keynote Speakers

Image of James Zelter

 

 
James Zelter

Chief Executive Officer and Director
Apollo Global Management

 

Mr. Zelter became the Chief Executive Officer and a Director of the Company in 2006. Mr. Zelter is the Managing Partner of Apollo Capital Management, L.P., where he oversees the firm’s activities in a broad array of asset classes.

Prior to joining Apollo, Mr. Zelter was with Citigroup and its predecessor companies from 1994 to 2006. He was responsible for the global expansion and strong financial performance of the Special Situations Investment Group, a proprietary investment group he founded within Citigroup’s Fixed Income Division. As head of Citigroup’s Special Situations Investment Group, Mr. Zelter was responsible for the acquisition of approximately $5 billion of non-performing loan portfolios and ancillary investments. While with Citigroup, Mr. Zelter also served on the Global Fixed Income Management Committee. In this role, he oversaw the firm’s High Yield Trading, Sales and Capital Market Groups. From 2003 to 2005, Mr. Zelter was Chief Investment Officer of Citigroup Alternative Investments. In addition, he was a standing member of the Citigroup Pension Investment Committee, the Salomon Smith Barney Capital Partners Investment Committee and the Citigroup Mezzanine Partners Investment Committee.

Prior to joining Citigroup in 1994, Mr. Zelter was a High Yield Trader at Goldman Sachs & Co. Mr. Zelter is a board member of DUMAC, the investment management company that oversees the Duke Endowment and Duke Foundation, and is on the board of the Dalton School. Mr. Zelter has a BA in Economics from Duke University.

 

Image of Jase Auby

Jase Auby


Deputy Chief Investment Officer
Teacher Retirement System of Texas


Jase Auby joined the Teacher Retirement System of Texas in 2009. Recently appointed as Deputy Chief Investment Officer, he has oversight of the Public Markets and Private Markets investment groups. Prior to his current role, Mr. Auby was Chief Risk Officer, Co-Chairman of the Management Committee, and head of the Risk Group responsible for managing and budgeting the risk of the overall investment Fund. He also oversaw the development and management of investment strategies totally $8.1 billion including risk parity, low volatility equity, reinsurance and currency management.

Prior to joining TRS, Mr. Auby worked with two startup companies in Austin, TX. Before then, he structured credit securitizations as a part of the structured credit group at Lehman Brothers. Mr. Auby began his career in an investment management industry resource group as a part of the fixed income division at Goldman Sachs. He received a BS in electrical and computer systems engineering from Harvard College. He is a CFA charter holder.


 

Photo of Tim Pawlenty

 

 

Tim Pawlenty

FSR President and CEO
Financial Services Roundtable

 

Tim Pawlenty is the CEO of the Financial Services Roundtable. Governor Pawlenty brings dynamic leadership and vision to an organization which represents leading financial service companies in their efforts to protect the security, integrity and success of our nation’s financial system.  As a former two-term Governor of Minnesota, he is a leader with significant executive experience having overseen a $50 billion biennial budget, led 30,000 state employees, and managed 20 individual state agencies and departments.

As Governor, his education, healthcare, and energy initiatives were widely viewed as among the most innovative in the nation. He served as chair of the National Governor’s Association from 2007-2008 and chair of the Midwest Governor’s Association from 2006-2007. While serving as chair of the Minnesota State Board of Investment, Governor Pawlenty provided oversight for over $60 billion in investments.

Governor Pawlenty is a nationally respected policymaker who combines his depth of subject matter knowledge with a unique ability to communicate on complex issues. His recognition as one of the foremost thought leaders in the country brings peerless credibility to FSR and its members.

Accommodations

Accommodations

ATT EECC
AT&T Executive Education & Conference Center
1900 University Avenue
Austin, TX 78705
512-404-1900
Website


We have negotiated a room block with a special rate of $189 per night at the AT&T Center. Cut-off Date: Tuesday, January 9, 2018. This date is firm and there will be no exceptions. Go to the following link to make a reservation:

https://aws.passkey.com/e/49529645. 

Or by phone (512) 404-3600; please reference the group name, Texas Private Equity Conference  in order to receive the group rate over the contracted dates.

Logistics

Logistics

On-site registration and continental breakfast begin at 8:00 a.m. on Friday, February 9. The conference begins promptly at 8:30 a.m. The key dates, times, and other pertinent information that you should keep in mind are summarized below.

Friday, February 9, 2018

8:00 a.m. – 8:30 a.m. Registration (Foyer outside Classroom 204) and continental breakfast (Tejas Dining Room)
8:30 a.m. – 12:00 noon Morning sessions (Classroom 204)
12:00 noon – 1:40 p.m. Lunch (Zlotnik Ballroom - Sections 1/2/3)
1:40 p.m. – 2:45 p.m. Afternoon sessions (Classroom 204)

Meeting Location:

AT&T Executive Education and Conference Center
1900 University Avenue
Austin, Texas 78705


Conference Attire:
Business casual


Last minute questions:
You can reach Bob Parrino at (512) 471-5788 (office), (512) 569-0120 (cell), or by e-mail at robert.parrino@mccombs.utexas.edu or Juana Hardwick at (512) 471-6511 (office), (512) 497-2738 (cell), or by e-mail at Juana.Hardwick@mccombs.utexas.edu.