Name
NextGen Session #3: Managing Your Firm’s Financial Assets
Date & Time
Friday, March 4, 2022, 3:00 PM - 5:05 PM
Carmen Ortiz-McGhee James Tieng Liz Stiverson Ian Taylor Joe Benavides Daniella Kranjac Nicole Washington Phil Ames
Description

3:00pm – 3:05pm | Opening Remarks & Financing Your Private Equity Firm: Introduction

Speaker: Carmen Ortiz-McGhee, Chief Operating Officer, NAIC

3:05pm – 3:20pm | Financing Your Private Equity Firm: Wealth Management

Are you financially prepared to navigate the firm-building and fundraising journey ahead? In this session, you will hear from experts how to ensure that you are ready to comfortably manage through the 24 to 48 months it can take (and typically does) to raise your first institutional fund.

Speaker: James Tieng, Managing Partner, Lumos Capital Partners

3:20pm – 3:35pm Financing Your Private Equity Firm: Seeding

An important consideration as you build your firm is whether a seeding partner that provides operating capital in addition to an LP allocation is a viable option. In this session, you will learn the ins and outs of a productive seeding partnership as well as various options for seeding structures.

Speaker: Liz Stiverson, Managing Director, Global Head of ESG, TPG

3:35pm – 3:50pm Financing Your Private Equity Firm: Panel Discussion

Moderator: Phil Ames, Vice President, Private Wealth, Goldman Sachs

Panelists:

  • James Tieng, Managing Partner, Lumos Capital Partners
  • Liz Stiverson, Managing Director, Global Head of ESG, TPG

3:50pm – 4:00pm Audience Q&A 

4:00pm – 4:05pm Virtual Break (3 min) & Next Panel Introduction (2 min)

Managing Your Firm’s Financial Assets

The topics covered in this session are some of the most underestimated – both quantitatively and qualitatively. Hear from industry-leading experts how best to prepare for the journey ahead and how to evaluate critically important strategic options to manage your firm’s and your personal financial assets most effectively.

4:05pm – 4:30pm | Managing Your Firm’s Financial Assets: First Year P&L Statements

In this session you will learn the realities of managing your firm’s P&L in its first year. You will hear about the realities of the costs and challenges as well as ways to better prepare for unexpected circumstances that may arise.

Moderator:  Ian Taylor, Partner, Ernst & Young

Panelists:

  • Joe Benavides, Managing Partner & Co-Founder, Ocean Sound Partners
  • Daniella Kranjac, Managing Director, Dynamk Capital

4:30pm – 4:50pm | Managing Your Firm’s Financial Assets: Management Fees & Waterfalls

You will hear from one of the industry’s leading legal experts on the dynamics and considerations of the waterfall options and the pros and cons of each as well as insights into how to negotiate with LPs with respect this crucial topic that will impact your bottom line.

Speaker: Nicole Washington, Partner, Kirkland & Ellis

4:50pm – 5:00pm Audience Q&A

5:00pm – 5:05pm | Closing Remarks

Speaker: Carmen Ortiz-McGhee, Chief Operating Officer, NAIC

5:05pm | Session #3 Ends

Virtual Session Link