The uncertainty gripping today’s markets will lay the stage for lively debate at the seventh annual AR Symposium, to be held Nov. 2-3 in New York City at the New York Athletic Club.
Michael Hintze, founder, chief executive and senior investment officer of CQS, the $7.5 billion London-based credit, convertibles, equity and multistrategy investment fund group, has joined the lineup to offer the international keynote address on Nov. 2.
Prior to establishing CQS in 1999, Hintze was managing director in the leveraged funds group at CSFB, having spent 12 years previously at Goldman Sachs. In addition to guiding CQS successfully through the recent financial crisis, Hintze has also been a vocal supporter of the UK’s Conservative Party.
Kyle Bass, the founder of Hayman Advisors, will offer a keynote address on Nov. 3. Bass has been ahead of the curve in global macroeconomic thinking in recent years, arguing that the world's largest economies face significant pain. For years, Bass's calls have contradicted conventional wisdom, first with the housing crisis, then with European debt and most recently with Japan’s fiscal crisis.
The Symposium will kick off with a state of the industry panel exploring the big picture outlook for hedge funds, including relations with investors. Panelists include Mark Yusko of Morgan Creek Capital Management; Andrew Rabinowitz, the chief executive officer of Marathon Asset Management; Steve Shapiro, founder of Intrepid Capital Management, and Michael Lewitt of Harch Capital Management.
Strategy sessions will focus on such topics as energy, distressed and event-driven. Looking at the energy markets post-BP will be Renee Haugerud of Galtere, Bryan Martin of D.E. Shaw, Josh Fink of Enso Capital, and Tim Flannery of Copia Capital. Joining the event-driven panel will be Chris Delong of Taconic Capital Advisors; Michael Weinberger of York Capital Management, and Scott Ostfeld of JANA Partners. The distressed panel will feature Jody Lanasa of Serengeti Asset Management; Jason Mudrick of Mudrick Capital Management; Christopher Pucillo of Solus Alternative Asset Management, and David Sherr of One William Street Capital Management.
A separate investor panel will answer the question: Have managers regained investors’ trust? Panelists will include Alexander Col of Banque Privee Edmond de Rothschild; Brian Gavin, the chief operating officer of Blackstone Alternative Asset Management, and Jim Berens of the Pacific Alternative Asset Management Co.
This year, two panels will explore global macro issues. One will feature a debate on China, while the other will look across the pond to explore the future of Europe. Jerry Wang of Vision Investment Management is on the China panel, while Paolo Pellegrini of PSQR Capital Management, and William Browder of Hermitage Capital Management will be among those debating the future of Europe.
Workshops addressing such issues as regulation, emerging markets and capital-raising are also in the planning stages.
As in previous years, there will be ample time allocated for networking during coffee breaks, lunch and cocktails between or after the various sessions. More details, including a booking form, schedule of events and more speakers, are being updated online at: AbsoluteReturnSymposium.com.