If you want to run your own investment management firm, you’re not just an “investor” anymore. You’re an operational CEO of a complex, highly regulated, and small entity, with all the challenges of any other startup CEO. Learn from people who’ve helped build significant investment management firms.
Among the topics we’ll discuss:
- How do you graduate from retail to institutional limited partners?
- How do you handle the differences in economics shared with early cofounders/hires to later hires?
- What are the common errors that people make which can cause problems later as your firm scales?
Confirmed Speakers
Daniel de Faro Adamson is the co-founder and co-CEO of Collective Global, a venture capital firm dedicated to reimagining how premier institutions access the innovation economy. He was also the Chairman, and formerly the founding President, of Capital Constellation, a joint venture between asset owners in Europe, North America and the Middle East that has deployed more than $3 billion to catalyze the next generation of private equity managers. Daniel was a Senior Advisor to Wafra, and previously served as a Senior Managing Director and member of the firm’s Management Committee. He held senior positions at Ares Management and Bridgewater Associates and began his career at McKinsey & Company.
Demetrius Sidberry is a Managing Director and Investment Committee Member of New Catalyst, where his primary responsibilities include the sourcing and execution of structured partnerships in addition to general partner value creation services. Demetrius has nearly 20 years of experience in corporate finance and principal investing, including as an Investment Committee Member of Hamilton Lane’s Direct Equity team, an associate with ICV Partners, and an analyst in the global consumer products and retail investment banking group at UBS. Demetrius received a B.S. in Business Administration from the University of North Carolina, Wilmington where he graduated magna cum laude.
Lauren Rich is a Managing Director at Wafra and serves on Wafra’s Management Committee. Ms. Rich helps lead Wafra’s strategic partnership investment mandates in both established and next generation asset management businesses. While at Wafra, Ms. Rich has completed several direct minority investments in alternative asset management firms, GP financings, secondary private equity investments as well as investments within closed end funds. Previously, Ms. Rich was an Associate with Davis Polk & Wardwell in New York, where she advised clients on a broad range of financing transactions. Ms. Rich earned a BA from the University of Pennsylvania and a JD from New York University School of Law.
David Teten is a Partner with Coolwater Capital, known as “Y Combinator for emerging fund managers”. Coolwater runs an accelerator for emerging fund managers and invests as a limited partner, into general partnerships, and into fund management companies. He is Chair of PEVCTech, a community of investors in private companies using technology and analytics to generate alpha, and Founders’ Next Move, a community and set of resources for founders exploring new ideas. He was previously a Managing Partner with HOF Capital; Partner with ff Venture Capital; and Founder of Harvard Business School Alumni Angels of NY. David is also a serial founder with 2 exits as CEO.
Brian S. Schwartz is a partner in Proskauer’s Corporate Department and a member of the Private Funds Group. Brian’s practice focuses on representing private investment fund sponsors and investment advisers in organizing, structuring, negotiating and marketing private investment funds across all aspects of the fund-raising process, as well as the ongoing operation and maintenance of private investment funds and their sponsors. He also counsels fund sponsors in the structuring of their internal economic arrangements, organization and management.
Brian represents private investment fund sponsors in connection with the organization and operation of both U.S. and global funds, including buyout funds, venture and growth equity funds, credit and debt funds, co-investment funds and fund-of-funds. As part of his practice, he also advises fund sponsors on regulatory and compliance matters under the Investment Advisers Act of 1940, the Investment Company Act of 1940, the Securities Act of 1933 and the Exchange Act of 1934.
Prior to joining Proskauer, Brian practiced at Sullivan & Cromwell LLP in New York in corporate and securities law, representing public and private companies in a wide variety of corporate transactions across multiple industries, as well as advising private investment fund sponsors on fund formation and regulatory and compliance issues.
Suggested background reading: Building and Leading a VC/Private Equity Fund: Best Practices