| 8:00 am - 8:30 am
Registration and Breakfast
| 8:30 am - 8:35 am
Speaker: Jay Hartzell, Dean, McCombs School of Business
|8:35 am - 9:20 am
Keynote Speaker: Julia Coronado, President and Founder, Macropolicy Perspectives
|9:20 am - 9:40 am
|9:40 am - 10:40 am
Panel 1: Private Credit
Description: This session will examine the private credit market. This market, which is estimated to total approximately $4 trillion, rivals the private equity market in size. The discussion will address the evolution of the private credit market, which offers investors a considerably different risk-return profile than private equity, and what we can expect in the future. The panelists represent the direct lending, real estate credit, energy credit, and distressed lending components of the market.
Moderator: Ruchit Shah, Acting CIO, Texas Treasury Safekeeping Trust
Taylor Boswell, CIO, Carlyle Direct Lending
Marc Feliciano, CIO, Americas Real Estate DWS
Kirsten Hagen, Managing Director, Goldman Sachs
Patrick Hickey, Managing Director, EIG Global Energy Partners
Rakesh (Rick) Jain, Partner and Head of Global Credit, Pantheon
| 10:40 am - 11:00 am
11:00 am - 12:00 pm
Panel 2: Disruptive Technologies: What’s Next for VC?
Description: Throughout history, venture capital has exploited disruptive technologies to create billions of dollars of value starting with semiconductors and continuing with personal computers, the internet, ecommerce, smart phones and mobile technologies, Enterprise SaaS, genome and other healthcare innovation. As we enter the third decade of the 21st century, technologies such as 5G, artificial intelligence, machine learning, cognitive computing, blockchain, robotics, autonomous vehicles, virtual and augmented reality, and IoT are poised to disrupt other industries. This panel will explore what the next big things are in venture investing and what verticals may be overinvested or underinvested.
Moderator: Bob Metcalfe, Professor and Clint W. Murchison, Sr. Chair of Free Enterprise,
Cockrell School of Engineering, University of Texas at Austin
Josh Baer, Founder and CEO, Capital Factory
John Paulos, Board Chair, Central Texas Angel Network
Jon Richter, Vice President of Product, CognitiveScale
Zac Zeitlin, Founder and General Partner, New Ground Ventures
|12:00 pm - 1:40 pm
Keynote Speaker: Craig A. Bondy, Managing Director, GTCR
Scholarship Recipient Recognition: Tina Mabley, Assistant Dean for MBA Programs, McCombs School of Business
|1:40 pm - 2:40 pm
Panel 3: Senior LP Perspective on the State of Private Equity
Description: This panel will explore how LPs are adjusting their private equity portfolios in response to the very robust private equity environment and other pressures that they face. For example, the strategies and underwriting approach they are executing to protect returns, their perspective on future industry returns, the ways in which they are addressing fee pressures, views on backing larger GPs versus smaller managers, and how they are addressing governance, incentive alignment, and sustainability issues.
Moderator: Ken Wiles, Associate Director of Hicks, Muse, Tate & Furst Center for Private Equity Finance and
Clinical Associate Professor, McCombs School of Business
Chris Halaska, SVP and CIO, Memorial Hermann Health System
Tom Tull, CIO, Employees Retirement System of Texas
Russell Valdez, CIO, Wafra
Shelby Wanstrath, Co-Head of Private Equity Funds, Teacher Retirement System of Texas
2:40 pm - 2:45 pm
Speaker: Robert Parrino, Director of Hicks, Muse, Tate & Furst Center for Private Equity Finance and
Professor of Finance, McCombs School of Business
Craig joined GTCR in 2000 and is currently a Managing Director of the firm. Previously, Craig worked in the investment banking department at Credit Suisse First Boston in both Chicago and London. He holds an MBA from Stanford University and a BBA in finance with high honors from the Business Honors Program at the University of Texas.
Craig A. Bondy
Craig is co-head of the Technology, Media & Telecommunications group at GTCR and is currently a Director of EaglePicher Technologies, Fairway Outdoor and Simpli.fi. In addition, Craig was previously a Director of GTCR’s past investments including Avention, CAMP Systems, CellNet, DigitalNet, Landmark Aviation, Six3 Systems, Solera, TransFirst and VeriFone.
Outside of GTCR,
Craig spends significant time on the Board of Communities In Schools of Chicago, a non-profit organization that connects public school children with free social, emotional, health and enrichment programs. He also serves on the Advisory Council of the McCombs School at the University of Texas, and the GSB Management Board at Stanford University.
President and Founder
MacroPolicy Perspectives LLC
Julia Coronado is founder of the economic research firm MacroPolicy Perspectives and a Clinical Associate Professor at the McCombs School of Business at University of Texas at Austin. Prior to starting MPP Julia was Chief Economist at the hedge fund Graham Capital Management and the global investment bank BNP Paribas, and a Senior Economist at Barclays Capital. Julia received her B.A. in Economics from University of Illinois Urbana then worked for several years in the Texas banking industry in the aftermath of the savings and loan crisis. She then enrolled in the University of Texas at Austin. After receiving her Ph.D. in Economics from UT, Julia worked as a staff economist at the Federal Reserve Board of Governors in Washington D.C. for eight years. Julia has published a number of scholarly articles on issues related to pension finances and market valuations, social security, and retirement saving adequacy and behavior. Julia has represented the US at OECD meetings on financial market issues and has testified before the US Congress on Social Security reform. She is a member of the Economic Advisory Panel of the Federal Reserve Bank of New York, the Economic Studies Council at the Bookings Institution and just completed a term on the Board of Directors of the National Association of Business Economists. Julia is also on the Board of Directors of Robert Half International and serves on the Advisory Boards of the Pension Research Council at the Wharton School and the Cleveland Fed’s Center for Inflation Research. Julia is a regular commentator in financial media, including CNBC, Bloomberg, Marketplace, and the Wall Street Journal.
AT&T Executive Education & Conference Center
1900 University Avenue
Austin, TX 78705
We have negotiated a room block with a special rate of $189 per night at the AT&T Center.
Cut-off Date: Thursday, January 9, 2020. This date is firm and there will be no exceptions. Go to the following link to make a reservation:
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.
On-site registration and continental breakfast begin at 8:00 a.m. on Friday, February 14. 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 14, 2020
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)
1:40 p.m. – 2:45 p.m. Afternoon sessions (Classroom 204)
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 email@example.com or Juana Hardwick at (512) 471-6511 (office), (512) 497-2738 (cell), or by e-mail at Juana.Hardwick@mccombs.utexas.edu.