Copenhagen

Tuesday 12 September
Tuesday, September 12, 2017
8:00 AM
Arrival and Networking
 
8:55 AM
IFM - InFRAME™, a Portfolio Construction Framework for Infrastructure
Inspired by the global financial crisis, IFM Investors set out six years ago to convert its two decades of investment experience into a strategic framework for infrastructure investment.
 
A year of intense research by IFM’s quantitative experts culminated in a comprehensive analytical methodology for constructing balanced, core infrastructure portfolios, called InFRAME™.
 
This session exlpores what this powerful suite of analytical tools reveals about the performance of infrastructure investments, and how its quantitative insights have helped IFM Investors achieve superior returns in its Australian and global infrastructure funds. 
 
9:30 AM
KGAL Real Investments - Renewable Energy Investments: an Obvious Choice, but not without its Challenges
As investors continually look for asset diversification, renewable energy investments are increas-ingly high on the agenda, with hydro, photovoltaic- and wind-farms expected to dominate this sec-tor in the future. But what are the risks?  
 
The KGAL Real Investments Breakfast 2017 will show the volatility of investing in these renewable energy sources with discussion points centred on the risks embedded in: 
  • energy demand
  • future growth 
  • assumptions creep
10:00 AM
Tea & Coffee Break
 
10:30 AM
AMP Capital - Beyond the Core, into the Future of Relative Value
As capital continues to flow into the infrastructure sector, an increasingly competitive market presents a greater challenge for investors to secure attractive risk weighted returns.  AMP Capital’s presentation will address the topics below.
  • The evolution of infrastructure investing: how investors can access the investment characteristics they seek from infrastructure, such as long term, stable cash flows, high barriers to entry, inflation protection, from sub-sectors that are broader than those historically classified as core infrastructure.
  • The value of relative value investing: Investors should consider several elements in the investment process to realise value, including type of asset, geographical location, the stage of investment and ongoing asset management
  • The value of active asset management: as traditional perceptions of infrastructure definitions are challenged, it is now more important than ever for managers to bring to bear demonstrable active asset management skills to deliver sustainable, long term value to investors.
11:00 AM
GCM Grosvenor - The US Real Estate Opportunity: Investing in the Middle Market

US commercial real estate has fully recovered from the global financial crisis, with asset pricing for core and core plus assets at or above prior peak pricing. In order to generate strong-risk adjusted returns in this environment, investors should seek access instead to middle market assets - well-located properties that trade for less than USD50m - which can be acquired with strong current yields and significant upside potential.

11:30 AM
Panel Discussion
 

Presenters

Damian Stanley, Principal, Infrastructure Equity, AMP Capital
Damian Stanley joined AMP Capital in early 2015 and is responsible for originating and leading the execution of deals in Europe for the global infrastructure platform and AMP Capital’s institutional investors.
 
Stanley also leads the Global Airports Group within AMP Capital. Mr Stanley has over 19 years of experience in the financial services industry having started his career at PwC in London as a Chartered Accountant and then as a Corporate Financier with Commerzbank Securities. Stanley has extensive experience leading transactions and managing assets within the infrastructure, with a predominant focus on the transport sector. He was most recently a director of the Australian board of Whitehelm Capital and Chairman of its UK subsidiary board. Previous roles have included Head of Infrastructure Investment Advisory, Europe, Middle East and Africa at Morgan Stanley and Managing Director, Macquarie Infrastructure and Real Assets at Macquarie Group.
 
Stanley holds a BSc in Mathematics from the University of Bristol,
Peter Braffman, Managing Director, Private Markets Investment Committee Member
GCM Grosvenor
Peter Braffman is a member of the Private Markets Investment Committee and serves on the Global Investment Council at GCM Grosvenor. He leads the real estate investment practice and is responsible for real estate sourcing and underwriting activities. 
 
Prior to joining GCM Grosvenor, Braffman was a partner in the Customized Fund Investment Group of Credit Suisse Group. Previously, he was a senior vice president at Zurich Alternative Asset Management, where he was responsible for sourcing, underwriting and executing US-based real estate investments. Prior to joining Zurich Alternative, he was a vice president in the Merger and Strategic Advisory Group at Goldman Sachs.
 
Braffman holds a BA in Biology and History from the University of Rochester, an MBA from Northwestern University Kellogg School of Management, and a Juris Doctor from Northwestern University School of Law.
Jon Dyar Boles, Director Institutional Business International 
KGAL Capital
Jon Dyar Boles joined KGAL Capital GmbH & Co. KG as Director of Institutional Business International in November 2014. He is responsible for raising capital with a focus on the Scandinavian and UK markets.
 
Prior to KGAL, Dyar Boles held a number of roles at various companies including RenInvest Advisory in London, E.ON in Germany and Italy, and Dresdner Kleinwort Wasserstein in Argentina and Brazil.
 
Dyar Boles holds a BA in International Relations from the University of Würzburg, an MA in International Economics from Johns Hopkins SAIS in Bologna and Washington, DC, and is a Chartered Financial Analyst.
Michael Landman
Executive Director, Portfolio Management
Bachelor of Science (Hons) (University of Melbourne), Graduate Diploma of Applied Finance and Investment (Finsia), PhD (Applied Mathematics) (California Institute of Technology)
Joined IFM Investors in March 2007
Michael is responsible for the origination, analysis, structure and execution of fund investments, along with portfolio construction and management. Prior to joining IFM Investors, Michael was involved with industrial research and development, oil and gas exploration, field development, engineering and planning, and strategy development and execution at BHP Billiton. He led a number of oil and gas asset transactions on behalf of BHP Billiton as Manager, Acquisitions and Divestments. Michael represents IFM Investors as a Director on the boards of Ecogen Energy, Eastern Distributor (M1 toll-road), Interlink Roads (M5 toll-road) and NT Airports.
Register here