Event Profile

CAIA Virtual Chapter - Optimizing Private Credit Portfolios

Date(s):
May 21, 2024
Note:
All times listed are in local time
Venue:
Webinar
 
Fee(s):
Free Event
Description:


This event will look in-depth at structuring a private credit portfolio – key building blocks, such as direct lending, asset-based finance, real estate debt, capital solutions, etc. – and how to ‘optimize’ these to achieve a desired risk/return objective. We will hear from top investors, consultants and managers in this space, such as Meketa, New Mexico State Investment Council, London LGPS CIV and KKR. Through this event, we will tackle the key questions that are top-of-mind for investors, such as when or whether to lever a direct lending allocation, when to diversify geographically, the rise of asset-based finance, preparing a portfolio to take advantage of market dislocations, and more.


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Webinar
Documents to share:
Mary Bates
Organization: Meketa


Mary works with clients to build and manage their private credit and broader alternatives programs. She joined the industry in 2001 and has since worked on the asset management, investment banking, and investment consulting sides of the business. Previously, Mary served as Vice President at Pension Consulting Alliance. Mary received her BS at Indiana University.


John Bowman
Organization: CAIA Association


John serves as President for the CAIA Association, overseeing the industry leading CAIA Charter, thought leadership and content development, operations, and CAIA's Asia Pacific strategy. John has devoted over 25 years to the asset management industry to recover the narrative of the value that the investment profession bring to society. He is a staunch public advocate for market integrity, long-termism, investor outcomes, diversity, human dignity and educational standards, as necessary ingredients to building a sustainable and healthy profession. John previously served as Managing Director for the Americas for CFA Institute, a region comprised of 40+ countries from Canada, the U.S., Central America, South America and the Caribbean. Bowman joined CFA Institute in 2004 after holding several industry positions. He served as a portfolio manager at Mellon Growth Advisors (MGA), where he was responsible for portfolio construction and stock selection for the MGA International Growth and MGA Global Growth strategies. Bowman also served as a portfolio manager for the International Growth Opportunities Strategy at State Street Global Advisors (SSgA) in its Global Fundamental Strategies Group. John is a prolific writer and commentator, frequently appearing in industry and business publications such as the Wall Street Journal, The New York Times, Pension and Investments, Financial Advisor, The Independent, Wealthmanagement.com and CNBC. Bowman earned a BS in Business Administration from Mary Washington College and is a CFA charterholder.


Aoifinn Devitt
Organization: Moneta Group


With more than two decades of financial industry experience and a diverse international background, Aoifinn Devitt plays an integral role in establishing Moneta’s long-term investment vision, philosophy and strategies. As the firm’s Chief Global Market Strategist, she aligns Moneta’s investment programs with broader firm goals while also overseeing the research, evaluation and selection of asset classes and investment vehicles. Devitt values knowledge sharing and education, which motivates her to ensure investors are informed as possible. She strives to reduce complexity and demystify the world of investing for them by educating rather than just giving advice. Devitt joined Moneta in 2021 with extensive experience working with institutional clients and alternative investments as well as overall portfolio oversight functions. Her global career – with stops in London, Hong Kong, New York City and Chicago – helped open her mind and introduce her to new investing perspectives while stimulating creativity, innovation and adaptability. She has also seen a wide range of investment manager talent and has developed a robust network of industry contacts. Originally from Ireland, Devitt spent her early career working in London as an investment banking associate at Goldman Sachs International and a specialist consultant at Cambridge Associates Limited. Devitt also founded Clontarf Capital, a pan-alternatives research and consulting firm. More recently, she served as CIO for the Policemen’s Annuity and Benefit Fund of Chicago and head of investment for Ireland at Hermes Fund Managers Ireland Limited. Devitt is also a licensed attorney who has been a member of the New York Bar since 1996. She earned her law degrees from Trinity College Dublin and Oxford University. She also earned her MBA from INSEAD in France and MSc in Applied Neuroscience from Kings College London. In addition to her work at Moneta, Devitt hosts and produces The Fiftyfaces Podcast, which showcases diversity and inclusion within the investments industry and other professions. She has run 53 marathons, is fluent in both German and French, and enjoys traveling.


Thomas Lofton
Organization: New Mexico State Investment Council


Tom has over 25 years of experience underwriting and investing in a broad range of debt market investments and over 13 years of experience managing public funds. Tom’s experience includes direct investment in public market debt securities across multiple sectors and overseeing external management of public and private debt market investment strategies. As Director of Debt Market Strategies at New Mexico State Investment Council, Tom oversees both public and private debt market investments.


Daniel Pietrzak
Organization: KKR


Daniel Pietrzak (New York) joined KKR in 2016 and is a Partner and serves as the Global Head of Private Credit and a portfolio manager for KKR’s private credit funds and portfolios. Mr. Pietrzak is Chief Investment Officer of the KKR / FS Investments joint venture and Co-President and Chief Investment Officer for FS KKR Capital Corp. (FSK), which trades on the NYSE. He also serves of the board of directors of FSK and several KKR Credit portfolio companies, including Oodle Car Finance, Pepper and Toorak Capital Partners. Prior to joining KKR, Mr. Pietrzak was a managing director and the co-head of Deutsche Bank’s structured finance business across the Americas and Europe. Previously, Mr. Pietrzak held various roles in the credit businesses of Societe Generale and CIBC World Markets. Mr. Pietrzak started his career at Price Waterhouse in New York. Mr. Pietrzak holds an M.B.A. in Finance from The Wharton School of the University of Pennsylvania and a B.S. in Accounting from Lehigh University. Mr. Pietrzak serves on the Dean’s Advisory Council for the Lehigh University College of Business, is a member of the Advisory Board of the Scholars of Finance and serves on the Board of Directors of First Tee – Metropolitan New York.