Global Infrastructure Conference Series
3rd Global Infrastructure Conference
Friday November 6, 2015
The World Economic Forum reported a trillion-dollar gap in infrastructure spending globally. In America, a country facing what has been termed a legitimate infrastructure crisis, government spending on transportation, energy, water and wastewater, and social infrastructure, has hit a 20-year low despite a call by U.S. President Barack Obama to create a federal infrastructure bank that would provide funding for badly needed projects.
Infrastructure—be it transportation infrastructure such as roads, bridges and airports, or “midstream” energy like pipelines—is vital for national economic prosperity, supporting goods, services and the workforce. But in the U.S. as well as worldwide, public funding to build and repair infrastructure is scarce, resulting in the need for private capital and creating opportunities for long-term investors in “real” assets. At the same time, the intersection of technology and business drivers will possibly shape the momentum towards a changing investment climate in the coming years.
CFA Society New York’s 3rd Annual Global Infrastructure conference will once more bring together leading executives, analysts, portfolio managers and investors in thought-provoking discussions on both the long term and near term outlook for the infrastructure industry with multiple panels across Power, Oil & Gas, Water, Transport and emerging markets’ infrastructure. The panels and keynote addresses will explore sectorial themes as they relate to project pipelines and deal flow in 2015, breakdown of financing and funding tools and upcoming opportunities with the ever-shifting legal and political landscape worldwide. Join the speakers and network with 200 industry professionals to discuss the global infrastructure deficit, the market appetite for public-private investment in infrastructure and how infrastructure assets can benefit institutional portfolios.
Who Should Attend
Portfolio managers and research analysts employed at asset management firms, investment banks, hedge funds, mutual funds, and insurance companies, as well as pension plan sponsors; professionals working at potential participants on the issuance side, including corporations and private equity firms; and service providers such as attorneys, consultants, and rating agency personnel.
Registration and Continental Breakfast
Daniel Dagen, CFA, President and CEO, CFA NY
Walter Winrow, Managing Director, Moody’s Global Project and Infrastructure Finance Group
The power and energy complexes have an estimated $18 trillion of projected spending earmarked to be spent over the next 15 years. Identifying the most effective approaches to investing in these sectors will be one of the areas of discussion of this session.
Dan Aschenbach, Senior Vice President, Moody’s Investors Service (moderator)
Mike McDermott, Head of Municipal Research, AIG Asset Management Group
Jorge Rodriguez, Global Head of Infrastructure Debt, Deutsche Bank
Robert K. Simmons, Partner, Panda Power Funds
Energy prices have been impacted dramatically with new lows being generated for oil & gas. Despite this reality, energy is essential to the growth of the developed and emerging and frontier market economies. This panel segment will explore the key trends and themes at work in this core segment of the global economy.
Akhil Kapoor, Senior VP, Senior Research Analyst, Alliance Bernstein (moderator)
Olivier Mussat, Chief Investment Officer, IFC
Nick Cleary, Investment Director, Hastings
Aaron Rubin, Chief Executive Officer, Macquarie Russia & CIS Infrastructure Fund (MRIF)
Shawn Reynolds, Co-Portfolio Manager, Van Eck Global
Emerging and Frontier Markets PanelEmerging and frontier markets have experienced considerable volatility of late. Yet, the need for infrastructure spending remains vital to the growth and stability of the sectors. This panel discussion will focus on the key trends and issues at work in this key sector of global growth.
Marie-Aimee Boury, Managing Director, SocGen (moderator)
Alan Fields, CFA, CAIA, CPA, Principal,The Abraaj Group
Jonathan Prin, Managing Director, Head of Research, Greylock Capital
Dabo Horsfall, Managing Partner, TriCap Investments LLC
David Feygenson, Senior Analyst, Van Eck Global
nvestment Strategy and Economic Outlook: A presentation and discussion on the key investment and economic trends, themes, and issues impacting the global financial markets and economy.
Vincent Catalano, CFA, Managing Member, Adriatic Capital Partners; Global Investment Strategist, Blue Marble Research
Don Rissmiller, Chief Economist, Strategas Research Partners
Transportation Panel: Roads, Rails, P3 and Sea and Air Ports
With an estimated $24 trillion projected to spent over the next 15 years, the transportation sector (roads, rails, sea and air ports) is one of the key areas of growth and investment in the global infrastructure space. Which investment strategies are likely to benefit from this will be one of the key topics discussed in this session.
Yannick Da Ros, Executive Director, UBS Investment Bank (moderator)
J. Michael McCarthy, Portfolio Manager, APG
Kurt Krummenacker, VP, Senior Credit Officer, Moody’s Investors Service
Alex Greenbaum, VP – Private Equity & Infrastructure, GIC
Perry Offutt, Managing Director, Macquarie Infrastructure and Real Assets
The need for clean, potable water is among the more pressing issues facing the world’s population. With over 1 billion people still without clean water and with an aging infrastructure within developed economies, the water infrastructure sector is a vital area of discussion—and the focus of this session.
Thomas J. Swartz, III, Vice President, The Chubb Corporation (moderator)
Matthew J. Diserio, President & Co-founder, Water Asset Management
Ian Copeland, Managing Director and Co-Chief Investment, Ultra Capital
Nicolas Martin, CFA, Partner, Baylis Emerging Markets
David Smith, CFA, CA, Portfolio Manager, GCA Sustainable Growth Funds
Closing Remarks and Adjournment
DISCLAIMER OF ENDORSEMENT
References herein to any specific sponsor or service do not necessarily constitute or imply the endorsement, recommendation or favoring by CFA Society New York. CFA Society New York strives to be a community for diverse opinions and differing perspectives, and the views and opinions expressed by speakers, presenters and/or organizers at events do not necessarily state or reflect those of CFA Society New York.
CFA Society New York expects all attendees to comply with CFA Society New York’s Code of Conduct while attending CFA Society New York events or meetings. CFA Society New York expressly reserves the right, in its sole discretion, to grant or deny access to any individual, or to expel any individual from any CFA Society New York event or meeting.
CFA Society New York (“CFANY”) is not a Registered Investment Advisor, Broker/Dealer, Financial Analyst, Financial Bank, Securities Broker, or Financial Planner. While CFANY seeks to present accurate and reliable information, CFANY does not endorse, approve, or certify such information, nor does it warrant or guarantee the accuracy, completeness, efficacy, timeliness, or fitness of such information for any particular purpose. Information presented may or may not be current as of the date of the presentation, and CFANY has no duty to update and maintain the information, reports, or statements made during events. CFA Society New York specifically disclaims any such express or implied warranties. CFA Society New York and its affiliates, agents, and licensors will not be liable to you or anyone else for any loss or injury, caused in whole or in part by their negligence of contingencies beyond their control in procuring, compiling, reporting interpreting or delivering the information. In no event will CFA Society New York and its affiliates, agents, and licensors be liable to you or anyone else for any damages, including but not limited to consequential, special, indirect and incidental damages, even if advised of the possibility of such damages.
The information presented is provided for information purposes only, and is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice, is general in nature, and is not specific to you. None of the information presented is intended as an offer or solicitation of an offer to buy or sell, or as a recommendation, endorsement, or sponsorship of any security, company, or fund. CFANY is not responsible for any investment decision made by you.
You should not make any financial, investment, trading or other decision based upon any of the information presented at CFANY without undertaking your own independent due diligence and consulting with a qualified and registered securities professional. You understand that your use of any of the information presented at CFANY is at your own risk.
There is a substantial amount of risk in trading securities, and the possibility exists that you can lose all, most or a portion of your capital. CFANY does not, cannot, and will not assess or guarantee the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The securities mentioned in any CFANY presentation may not be suitable for investors depending on their specific investment objectives and financial condition.