Point founder Dan Loeb is among the new speakers lined up for
this year's Absolute Return Symposium, to be held in New York
November 3-4. Loeb will speak on the event-driven panel,
addressing the question: If activism is dead, what will replace
Other additions include Daniel Arbess of Perella Weinberg
Partners Capital Management, Doug Teitelbaum of Bay Harbour
Management and Tim Babich, formerly of Silver Point and now of
London-based Fortelus Capital Management, all of whom will be
on the distressed panel with Marc Lasry of Avenue Capital. Paul
Zummo of JPMorgan Alternative Asset Management and Charles
Stucke of Guggenheim Advisors have joined the investors'
Keynote speakers for the event include Israel Englander, the
founder of Millennium Partners, who has some 35 years of
experience in the securities and derivatives business and is at
the helm of one of the world's most consistently strong hedge
fund performers over a prolonged period. Last year, Millennium
won Absolute Return's long-term performance award.
The second keynote is Larry Fink, who founded BlackRock in
1988 and is its chairman and chief executive. Fink has built
that firm up into one of the largest investment managers in the
world across all asset classes, including hedge funds. The
group's hedge fund footprint is growing even larger following
its landmark acquisition of Barclays Global Investors in
Rounding out the keynote lineup is Paul Ruddock, co-founder
of Lansdowne Partners in London. Lansdowne is the biggest
equity hedge fund manager in Europe, with about $14 billion,
including a substantial number of investors in the U.S.
A number of other top managers will also be participating in
panel sessions over the two-day event. A panel debating global
macro issues will feature Kyle Bass of Hayman Capital, John
Burbank of Passport Capital, Peter Thiel of Clarium Capital and
Jim Melcher of Balestra Capital.
This year's quant session will feature Ross Garon of SAC
Capital Advisors, Roy Niederhoffer of R.G. Niederhoffer Capital
Management and Michael Geismar of Quantitative Investment
Management. It will be moderated by top quant investor Rishi
Narang of Telesis Capital.
As in previous years, there will be an array of strategy
sessions, including panels on equity, event-driven and
distressed strategies. Industry issues will also get an airing,
including such topics as investment terms and fees, and
The opening panel, which will take a broad look at at the
state of the industry after last year's market crash and
ensuing chaos, will feature Eddie Fishman of D.E. Shaw, Frank
Brosens of Taconic Capital Advisors and Geoffrey Sherry of
Caxton's Lucidus Capital Partners. Investors Mike Hennessy of
Morgan Creek Capital Management and Mihir Meswani, formerly of
Robert Wood Johnson Foundation, will join Stucke and Zummo in
the panel on issues concerning investors.
Helping put together the program is a top-level advisory
board of leading names in the industry, all of whom have spoken
at this event in previous years, including three who will be
speaking again this time: Brosens, Hennessy and Lasry. The
other members of this year's advisory board are Joel Katzman,
formerly of JPMorgan Alternative Asset Management; Max Stone of
D. E. Shaw and Eric Vincent, president of Ospraie
The Symposium will offer networking opportunities during
coffee breaks, lunch and cocktails. In order to allow for more
content in the program, there will be two parallel stream
sessions, whose details will be announced later.
To secure your place at this year's event, please use the
booking form here or go to:
DAY ONE Tuesday, November 3
9.00 Doors open
9.45 Introductory briefing from AR/HedgeFund Intelligence
10.00 State of the Industry. Post crash, post redemptions: Is
10.45 Coffee break
11.15 Keynote: Izzy Englander, Millennium Partners
12.00 Major strategy session: The quant conundrum: They're
back, but will regulatory changes derail them?
2.00 Event-driven: What's the next big trade now that activism
is dead. Or is it?
2.45 Keynote: Larry Fink, BlackRock
3:30 Coffee break
4.00 Stream sessions
4.45 Macro players debate whether the developed world is in an
irreversible decline - and how to play it.
5.45 Cocktail reception at 583 Park Avenue
DAY TWO Wednesday, November 4
8.30 Doors open
9.00 Equities: Financials have powered a rebound, but is there
another shoe to drop?
9.45 Regulation: Is Washington up to the task of regulating
10.30 Coffee break
11:00 Stream sessions
11.45 Keynote: Paul Ruddock, Lansdowne Partners
2.00 Hedge fund restructuring: Managers and investors debate
approaches and terms
2.45 Distressed investing post-Chrysler: It's only getting
Please note program is subject to change. Please visit:
www.absolutereturnsymposium.com for updates