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

Speaker: Carmen Ortiz-McGhee

3:05pm – 3:20pm           NAIC Market Resources

Session Description: 

Are you financially prepared to navigate the firm-building and fundraising journey ahead? In this session, you will learn about resources available and hear from industry experts about how to manage your finances while you raise your first institutional fund. In this session, experts will cover:

• Seeding: a productive seeding partnership and seeding structures
• Managing your firm’s P&L in its first year and preparing for unexpected circumstances
• How you get paid: the realities of management fees & waterfalls

This special session will be held in person in New York City (online access will be available for those who can’t travel). The session will conclude with 90 minutes of networking with other participants and will provide the opportunity for you to meet the NAIC team and other resources that will be valuable as you build your firm.

3:20pm – 3:40pm           Getting Your Ducks in a Row: Preparing your Personal Finances

Session Description: In this fireside chat, you will hear from experts about 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: Vijay Mehta, Co-Founder, Arkview Capital

Moderator: Izu Akamiro, Vice President, Goldman Sachs & Co.

3:40pm – 3:50pm           Audience Q&A

3:50pm – 4:10pm           Financing Your Firm: Seeding

Session Description: 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: Pamela Pavkov, Head of TPG Next, TPG

4:10pm – 4:20pm           Audience Q&A

4:20pm – 4:25pm           Break (3 min) & Next Panel Introduction (2 min)

4:25pm – 4:50pm           What’s It Going to Cost: An In-depth Look at a First Year P&L Statement 

Session Description: 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.

Speaker: Stephen Cammock, Managing Director, GCM Grosvenor

4:50pm – 5:10pm           How You Get Paid: The Realities of Management Fees & Waterfalls

Session Description: 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: Alexandria Glispie, Partner, Kirkland & Ellis                            

5:10pm – 5:20pm           Audience Q&A

5:20pm                            Session #9 Ends

5:20pm – 5:30pm           Break

5:30pm – 6:00pm           Fireside Chat with Goldman Sachs Manager Selection Team

Moderator: Regina Green, Head of Launch with GS Americas, Goldman Sachs

Speakers:

• Andrea McGee, Vice President, Alternative Investments & Manager Selection (AIMS) Group, Goldman Sachs
• Yemi Ojutiku, Vice President, Alternative Investments & Manager Selection (AIMS) Group, Goldman Sachs

Closing Remarks: Robert L. Greene

6:00pm – 7:30pm           Open Networking and Reception