CAIA New York and GARP New York present: AI/ML in Alternative Assets Investments and Risk Management
June 17, 2021
Note: All times listed are in local time
CAIA New York and GARP New York present
AI/ML in Alternative Assets Investments and Risk Management
Join us as a panel of world-class experts, moderated by CAIA CEO Bill Kelly, discuss the evolution, purpose, applications, and risks of using AI/ML in alternative asset investment & risk management.
The discipline of Artificial Intelligence (AI) was born in the summer of 1956 at Dartmouth College in Hanover, New Hampshire. This technology has progressed dramatically in the past 65 years to the point where asset managers are comfortable with AI being incorporated into their investment process to generate alpha.
Machine Learning (ML), a subset of AI, enables asset managers to organize and translate vast amounts of unstructured data into recurring patterns. AI, ML, and the use of natural language processing, have been offering the alternative asset management industry efficient solutions for both generating alpha and reducing costs. According to a number of recent surveys, expectations for advances and innovations in AI-powered risk management solutions are very high.
Hear from the panel on the following topics and more:
• Evolution and roles of AI/ML in alternative asset investment (including ESG) and risk management.
• Risks of using AI/ML in alternative asset investment and risk management.
• What types of AI/ML are best suited for generating alpha for alternative asset investment?
• How to use AI/ML to conduct risk management and mitigation.
• Do alternative asset managers and investors clearly articulate their AI touch-point?
• Are alternative asset managers leveraging AI to become data-driven firms, decision-driven firms, or productivity-driven firms?
• How can alternative asset managers capitalize on using AI/ML for greater automation of processes, customization, and productivity?
Welcome/Introduction: 5:30 – 5:35pm ET
Presentation: 5:35 – 6:15pm ET
Q&A Session: 6:15 – 6:30pm ET
Racim Allouani, Global Head of Portfolio Construction & Risk Management, KKR
Monel Amin, Founder & CEO, DiligenceVault
Michael Oliver Weinberg, CFA, Managing Director, Head of Hedge Fund and Alternative Data, APG
Bill Kelly, CEO, CAIA Association Alternative Investment Consultant
Thursday, June 17th
5:30 PM to 6:30 PM EST
Racim Allouani (New York) joined KKR in 2015 and oversees the Risk Management and Portfolio Construction efforts across KKR's Public Credit, Private Credit and Special Situations businesses. Prior to his current role, Mr. Allouani had a similar responsibility in the Hedge Funds business. Prior to joining KKR, he spent five years at the hedge fund of Lombard Odier as a senior quantitative portfolio analyst and risk manager, covering equities and credit strategies. Prior to that, he was at fund of hedge funds Arden Asset Management in the portfolio optimization and risk management group. Mr. Allouani held previous positions at Deutsche Bank in equity research and Bank West LB in fixed income research. Mr. Allouani earned a M.A. in International Economics from Sciences Po Paris, in Financial Engineering from Cornell University, as well as a and Bachelor’s degree in Applied Mathematics and Computer Science from Ecole Nationale des Ponts Et Chaussees.
Monel is founder & CEO of DiligenceVault, a New York-based FinTech that is transforming the manually intensive diligence processes in the investment management industry. Prior to founding the firm, she was head of risk for liquid investments at Citi with oversight for hedge fund, pensions, insurance, and fund of funds businesses.
Monel holds an MBA from Carnegie Mellon University and a Bachelors of Engineering from Birla Vishwakarma Mahavidyalaya, India.
Organization: CAIA Association
William (Bill) J. Kelly is the CEO of the Chartered Alternative Investment Analyst Association (“CAIA”), the global leader in alternative investment education with approximately 10,000 chartered Members in 90 different countries. The CAIA Charter is an international credential focused exclusively on demonstrated professionalism through the mastery of topics across the alternative investment spectrum. Bill has been a frequent industry speaker, writer, and commentator on alternative investment topics around the world since taking the leadership role at the CAIA Association in January 2014.
Previously, Bill was the CEO of Boston Partners and one of seven founding partners of the predecessor firm, Boston Partners Asset Management which, prior to a majority interest being sold to Robeco Group in Rotterdam in 2002, was an employee-owned firm. Bill’s career in the institutional asset management space spans over 30 years where he gained extensive managerial experience through successive CFO, COO and CEO roles.
In addition to his current role, Bill is a tireless advocate for shareholder protection and investor education and is currently the Chairman and lead independent director for the Boston Partners Trust Company. He has previously served as an independent director and audit committee chair for ’40 Act Mutual Funds and other financial services firms. He is also currently an Advisory Board Member of the Certified Investment Fund Director Institute which strives to bring the highest levels of professionalism and governance to independent fund directors around the world. A member of the board of the CAIA Association, Bill also represents CAIA in similar capacities via their global partnerships with other associations and global regulators.
Bill began his career as an accountant with PwC and is a designated Audit Committee Financial Expert in accordance with SEC rules.
Follow Bill Kelly on Twitter @CAIA_BillKelly
For 25 years Michael has invested directly at the security level and indirectly as an asset allocator in traditional and alternative asset classes. He is a Managing Director, Head of Hedge Funds and Alternative Alpha, and on the Investment Committee at APG. Previously he was the Chief Investment Officer at MOV37 and Protege Partners. Michael is also an Adjunct Professor of Economics and Finance at Columbia Business School, where he teaches Institutional Investing, an advanced MBA course that he created.
Michael also testifies as an expert witness in financial and technology litigation. He was a portfolio manager and global head of equities at FRM, a multi-strategy investment solutions provider. Prior to that, Michael was a portfolio manager at Soros, the macro fund and family office, and at Credit Suisse. Before that he was a Real Estate analyst at Dean Witter.
Michael is a board member of AIMA and on its Research Committee. He is on the management advisory council for the Michael Price Student Investment Fund and a Special Advisor to The Tokyo University of Science’s Endowment. Michael is a former co-founder of Project Punch Card, a not-for-profit organization, and The Artificial Intelligence in Finance Institute. He is a member of The Economic Club of New York. He is a former Chair at CFANY, where he has received multiple awards, including Volunteer of the Year. Michael is a research contributor to The World Economic Forum on the impact of AI on Finance and is a published author, having written for The New York Times, Institutional Investor and investment books. Michael has a BS from New York University and an MBA from Columbia Business School.