2015 Hedge Fund General Counsel and Compliance Officer Summit
 
October 19, 2015
8:00 am - 8:55 amBreakfast and Conference Registration
8:55 am - 9:00 amWelcome Remarks
James J. Green, Editorial Director, Investment Advisor Group and Editor-in-Chief, Investment Advisor, ALM 
Mark Sangster, Vice President, Corporate and Public Affairs, eSentire
9:00 am - 10:00 amKeynote Panel Discussion: Examining the Impact of Institutionalization on the Hedge Fund Industry: What Does It Actually Mean?
  • Where is the hedge fund industry going as a result of institutions starting to increase their allocations to passive strategies?
  • What does this mean for active management in general as well as hedge funds specifically?
  • Which parts of the hedge fund universe are succeeding and why?
  • What happens when differentiation between active and passive management starts to thrive? What kinds of institutionalization do we want to see amongst newly emergent sub segments of the market?
Discussion Leader:
Brent Vasher, Assistant General Counsel, SEI Investment Manager Services

Speakers to include:
Simon M. Lorne, Vice Chairman & Chief Legal Officer, Millennium Management LLC
Rajesh Swaminathan, Senior Managing Director and General Counsel, PineBridge Investments

Sponsored by SEI

10:00 am - 11:00 amFund Structuring: Current Trends and Best Practices
  • Regulatory and tax considerations when structuring new funds
  • Negotiating terms and resolving conflicts when forming SMAs and Funds of One
  • The latest fee trends
Discussion Leader:
Gregg S. Buksbaum, Partner and Chair, Private Investment Funds Group, Squire Patton Boggs (US) LLP

Speakers to include:
Marc Baum, General Counsel and Chief Administrative Officer, Serengeti Asset Management
George Chang, Senior Vice President, Legal Department, D. E. Shaw & Co, LP
Andrew Messinger, Vice President – Legal, Magnitude Capital, LLC
Michael Neus, Managing Partner and General Counsel, Perry Capital LLC
Charles Nightingale, Head of Legal & Investment Structuring, PAAMCO

Sponsored by Squire Patton Boggs (US) LLP


11:00 am - 11:30 amNetworking Break
11:30 am - 12:30 pmPackaging Retail Investment Products: Strategies for Accessing US and International Markets
  • UCITS
  • What is currently happening in the retail alternative space in the United States?
  • Understanding the SEC's current focus on retail investors
Discussion Leader:
Joseph P. Cunningham, Partner, Willkie Farr & Gallagher LLP

Speakers to include:
Michelle Cirillo, General Counsel and Chief Compliance Officer, Regiment Capital Advisors, LP
Noah Greenhill, Managing Director and General Counsel, Global Investment Management and Alternatives, J.P. Morgan Asset Management (JPMAM)  
Philip Liu, General Counsel, Equinox Funds
James SilkPartnerWillkie Farr & Gallagher LLP

Sponsored by Willkie Farr & Gallagher LLP

12:30 pm - 2:00 pmLuncheon Session: Executive Incentive Compensation in the Alternative Investment Industry – Best Practices and Current Developments
Top compensation concerns (attract top talent, retain and incent employees, and maintain tax efficiency)
Key features of compensation arrangements and recent case law surrounding clawbacks and non-compete agreements
Structuring incentive compensation and valuation issues

Discussion Leader: 
Charles V. Abraham, Partner, Hedge Fund Group, WeiserMazars LLP
 
Speakers to include:
Ethan Brecher, In-House Counsel, Hildene Capital Management
Elliot Ogulnick, Managing Director, Valuation, WeiserMazars LLP
Candace Quinn, Principal, Global Executive Compensation and BenefitsWeiserMazars

Sponsored by WeiserMazars LLP

2:00 pm - 3:00 pmMarketing and Advertising: What Activities Get Advisers in Trouble?
  • Bridging the gap between marketing and compliance
  • Deficiency letters, enforcement actions and other sources of guidance
  • Developing a marketing compliance plan
Discussion Leader: 
Robert E. Plaze, Partner, Stroock & Stroock & Lavan

Speakers to include:
Steven M. Felsenthal, General Counsel and Chief Compliance Officer, Millburn Ridgefield Corporation    
Mimi Gross, General Counsel, Clough Capital Partners LP 
Elizabeth Keeley, Principal, General Counsel and Chief Compliance Officer, Taconic Capital 
Cynthia A. Marian, Esq., General Counsel and Chief Compliance Officer, Civic Capital Advisors, LLC

Sponsored by Stroock & Stroock & Lavan LLP
3:00 pm - 3:30 pmNetworking Break
3:30 pm - 4:30 pmMitigating Exposure to FCPA Enforcement
  • Identifying potential violations
  • What compliance actions need to be taken and how should they be executed?
  • Sovereign Wealth Fund investor issues and/or third party agents
  • How do managers handle their investments and how should FCPA risks to these investments be managed?
Discussion Leader:
Paul R. Berger, Partner, Debevoise & Plimpton

Speakers to include:
Anthony S. Dell, Global Chief Compliance & Ethics Officer, Ares Management
Patrick J. Dooley, General Counsel, Corvex Management LP
Forest Wolfe, General Counsel, Angelo, Gordon & Co., L.P.

Sponsored by Debevoise & Plimpton

4:30 pm - 5:30 pmCayman Islands Update: Case Law, Regulation and Legislation
Directors duties and liabilities in light of the Weavering Macro Fixed Income Fund Limited vs Stefan Peterson and Hans Ekstrom ruling
LLC legislation
FATCA

Discussion Leader:
Neal Lomax, Partner, Mourant Ozannes, Cayman Islands

Speakers to include:
Simon Dickson, Partner and Head of Litigation and Insolvency, Mourant Ozannes, Cayman Islands
Adam I. Gehrie, General Counsel & Chief Compliance Officer, Gresham Investment Management LLC
Hayden Isbister, Partner and Head of Corporate, Mourant Ozannes, Cayman Islands
Bruce Kahne, Partner, General Counsel, Chief Compliance Officer, EnTrust Capital and EnTrust Securities LLC
Christopher C. Riccardi, Partner, Seward & Kissel LLP

Sponsored by Mourant Ozannes
5:30 pm - 6:30 pmCocktail Reception Sponsored by ZyLAB

October 20, 2015
8:15 am - 8:55 amBreakfast
8:55 am - 9:00 amWelcome Back and Opening Remarks
Mark Sangster, Vice President, Corporate and Public Affairs, eSentire
9:00 am - 10:00 amInsider Trading Post-Newman: Methods for Preventing Violations
In addition to covering the following discussion topics, our panelists run through an interactive, hypothetical scenario where attendees learn how to react in a situation involving the possibility of insider trading infringement.
Legal developments following the Second Circuit’s Newman decision
Best practices for in-house compliance programs
Responding to information suggesting insider trading

Discussion Leader:
Jason M. Halper, Partner and Co-Chair, Financial Institutions Litigation Practice, Orrick, Herrington & Sutcliffe LLP

Speakers to include:
Marcy Engel, Chief Operating Officer and General Counsel, Eton Park Capital Management
Julia Herr, General Counsel and Chief Compliance Officer, Redwood Capital Management, LLC
Guy David Singer, Partner, White Collar & Corporate Investigations, Orrick, Herrington & Sutcliffe LLP

Sponsored by Orrick, Herrington & Sutcliffe LLP

10:00 am - 11:00 am2015 Exam Priorities: Tips for Handling SEC Exams and Investigations

In this practical session, panelists discuss topics and scenarios encountered during an exam. Special attention is paid to strategies for addressing issues that fall under OCIE’s 2015 exam priorities as well other matters that have emerged over the course of the year that are of concern and require adequate preparation.

Discussion Leader:
Ildiko Duckor, Partner and Co-head, Investment Funds & Investment Management Practice, Pillsbury Winthrop Shaw Pittman LLP

Speakers to include:
David Charnin, Managing Director, General Counsel and Chief Compliance Officer, Strategic Value Partners, LLC
Sarah A. Good, Partner and Co-leader, Securities Litigation & Enforcement Team, Pillsbury Winthrop Shaw Pittman LLP
William H. Woolverton, Senior Managing Director and General Counsel, Gottex Funds Management
Steven A. Yadegari, Chief Operating Officer and General Counsel, Cramer Rosenthal McGlynn, LLC

Sponsored by Pillsbury Winthrop Shaw Pittman LLP
11:00 am - 11:30 amNetworking Break
11:30 am - 12:30 pmConflicts of Interest and How to Manage Them
  • Expense allocation
  • Service providers
  • Allocating opportunities

Discussion Leader: 
Amanda K. Moore, Special Counsel, Stroock & Stroock & Lavan

Speakers to include:
Trinda Blackmore, Independent Fund Director, Athena International Management Limited
Bruce Karpati, Global Chief Compliance Officer and Counsel, KKR & CO. LP
Simon Raykher, General Counsel, Kepos Capital, LP
Ronen Voloshin, Associate General Counsel & Chief Compliance Officer, Monarch Alternative Capital LP  

***CLOSED TO PRESS***

Sponsored by Stroock & Stroock & Lavan LLP
12:30 pm - 1:30 pmLuncheon
1:30 pm - 2:30 pmComplying with OCIE: Managing Cybersecurity Risks and Opportunities
  • Stories from the front lines: The regulatory/law enforcement perspective
  • What does OCIE look for during these targeted exams?
  • Creating a cybersecurity incident response plan
Discussion leader:
David C. Lashway, Partner and Global Cybersecurity Practice Leader, Baker & McKenzie LLP

Speakers to include:
Moshe Luchins, Deputy General Counsel and Compliance Officer, Zweig-Dimenna Associates Inc.
John Rogers, Principal, Booz Allen Hamilton
John W. Woods, Jr., Partner and Co-head, Global Cybersecurity Practice, Baker & McKenzie LLP

Sponsored by Baker & McKenzie
2:30 pm - 3:30 pmThe Balancing Act: Narrow and Effective Internal Investigations that Avoid “Boiling the Ocean”
Recently, Assistant Attorney General Leslie Caldwell was quoted as saying that the DOJ does not necessarily want companies to conduct large and costly internal investigations when there has been an allegation of wrongdoing. Against this backdrop, companies can now engage in an internal investigation on a smaller scale and still receive cooperation credit from the government. Hedge funds in particular should be aware that there are several strategies and methods that can limit the costs and distractions often associated with internal investigations.

Discussion Leader:
Sean P. Casey, Partner, Kobre & Kim

Speakers to include:
Harvey R. Kelly, Managing Director and Global Financial Advisory Services Leader, AlixPartners
William F. McGovernPartnerKobre & Kim
Winston Paes, Chief, Business and Securities Fraud Section, U.S. Attorney's Office, Eastern District of New York

Sponsored by Kobre & Kim

3:30 pm - 4:30 pmTaking Your Compliance Program to the Next Level: Fostering an Ethical Firm Culture - ETHICS CREDIT
Why simply establishing an effective compliance plan is not enough
Distinguishing between trading strategy-related compliance and investment adviser compliance
Substance vs. Process: What should we do? What must we do?
What to expect of vendors? Managing third-party service providers to ensure your own compliance

Discussion Leader:
Charles Steerman, Vice President, Solutions Consultant, Compliance Science

Speakers to include:
Glen P. Barrentine, Partner, Winston & Strawn LLP
Steven M. Felsenthal, General Counsel and Chief Compliance Officer, Millburn Ridgefield Corporation    
Mark Sangster, Vice President, Corporate and Public Affairs, eSentire

Sponsored by Compliance Science

4:30 pmConference Adjourns