A closed‑door, off‑the‑record breakfast reserved exclusively for CIOs, deputy CIOs, senior investment leaders, and trusted allocator peers. This intimate session provides a candid space to compare portfolio pressures, share real‑time challenges, and discuss emerging opportunities shaping U.S. institutional portfolios in 2026—before the main event begins.
• How CIOs are actively recalibrating public vs. private exposure as liquidity tightens
• Where they see true long‑term opportunities versus overcrowded trades that no longer justify risk
• Understand how liquidity, volatility, and governance are influencing allocation decisions
Michael Cohen, Chief Operating Investment Officer, CalPERS
Farhad Mian, Senior Managing Director, Head of Investment Strategy, Projection, & Asset Liability Management, New York Life Insurance Company
Vlad Barbalat, President, Global Risk & Capital Solutions, & Chief Investment Officer, Liberty Mutual Group
Moderator: Pranay Gupta, Professor, Nanyang Business School
Live Reuters News Interview - This interview will be moderated by a Reuters journalist under the Reuters Trust Principles
Position yourself as a thought leader through a 20-minute presentation with a live Q&A to all 300+ private capital leaders - establish yourself as a go-to authority on the investment industry’s key solutions. Reach out to manni.pattar@thomsonreuters.com for more details!
• How LPs are disaggregating risk across direct lending, NAV finance, asset-backed, and structured credit deals
• What lending practices, from underwriting to covenants to leverage levels, are triggering red flags for ICs.
• How allocator expectations for manager transparency and downside protection are changing
• With PE still being the largest private allocation for state pensions and endowments, hear how allocators are deciding which managers to re-up with and which to walk away from
• What fund size growth, strategy drift, and continuation vehicles signal to investment committees
• How CIOs are recalibrating return expectations, fees, and portfolio construction for the next cycle of PE
Adam Winn, Co-President, Liberty Mutual Investments
This interview will be moderated by a Reuters journalist under the Reuters Trust Principles
• Where real assets sit in institutional portfolios and which strategies are rising or falling in priority
• The deal structures and return profiles that now meet IC requirements
• How allocators navigate the tension between inflation hedging, political pressure, and locking up capital for decades
Andrew Hoffmann, Investment Director - Real Assets, North Carolina Department of State Treasurer
• Where AI is already embedded in portfolio construction, risk monitoring, and reporting
• Which tools ICs trust and which fail governance or explainability tests
• How institutions are setting guardrails around AI adoption
Scott Pittman, SVP & Chief Investment Officer, Mount Sinai Health System
Peggy Huang, Chief Investment Officer, CC Capital
Jack Kersey, Managing Director, CPP Investments
Moderator: Pranay Gupta, Professor, Nanyang Business School
• How allocators assess manages discipline, team stability, repeatability, and alpha durability
• The operational due diligence checklist: risk systems, valuation practices, liquidity planning, and alignment
• How allocators compare managers across PE, credit, real assets, and venture — and what ultimately wins the mandate
Waymond Harris, Senior Vice President - Treasurer, Blue Cross Blue Shield of Michigan
• Learn how allocators are modelling distribution slowdowns, pacing commitments, and avoiding liquidity traps across PE, credit, real assets, and venture.
• Hear how allocators are using secondaries proactively, not reactively, to reshape portfolios and manage exposure
• The IC decision framework for structured liquidity tools: what gets approved, what raises concerns, and why
Xiaowei Han, Vice President - Head of ALM, TIAA
• Why family offices are becoming some of the most influential sources of capital
• How their flexibility and values driven approach differ from pensions, endowments, and insurers
• How succession planning, governance structures, and next gen leadership are reshaping family office investment strategies
ESG is evolving from a compliance checkbox to a driver of competitive advantage. This session explores how leading investors are embedding ESG and impact investing principles into portfolio design to unlock alpha, mitigate risk, and future-proof their mandates.
• Learn how to integrate ESG without sacrificing performance
• Discover tools and frameworks for measuring real impact
• Understand how to navigate greenwashing, regulation, and stakeholder pressure
Alex Doyle, Deputy Chief Impact Officer, National Wealth Fund
Borja Garcia Fernandez, Senior Investment Officer – Global FIG. International Finance Corporation
Rudy Hobson, Senior Managing Director, The Colorado Health Foundation
Format: Interactive Workshop | LP-led | Chatham House Rules
As private credit volumes grow and competition intensifies, LP scrutiny is shifting from headline yields to downside protection, covenant discipline and manager behaviour under stress. What is “market standard” on paper is increasingly diverging from what Investment Committees are prepared to approve.
This session moves beyond thematic discussion into the mechanics of underwriting. LPs will examine common deal structures and covenant packages to surface where terms are being accepted, compromised or rejected outright. The emphasis is on IC reality, not marketing narratives, and how decision making has hardened as portfolios mature.
Practical, candid and under the microscope, this workshop is designed for investors seeking clarity on where risk appetite genuinely sits heading into 2026.
Format: Invite only lunch workshop | LP led | Chatham House Rule
With distributions slower for longer and commitment queues still full, liquidity management has moved from a portfolio hygiene issue to a strategic discipline. For many LPs, the question is no longer whether to use secondaries or structured liquidity tools, but how to deploy them without distorting long term allocation intent.
This working lunch session convenes senior institutional investors for a candid discussion on how they are actively managing liquidity today — from programme level secondaries sales and NAV solutions to pacing adjustments designed to stay invested without adding risk. The focus is firmly on portfolio mechanics: what tools are actually being approved by Investment Committees, where discomfort remains, and how stigma around liquidity solutions is quietly fading.
Practical, peer driven and grounded in live portfolio decisions, this session is designed for allocators navigating the tension between discipline, flexibility and long term exposure in a market where waiting for exits is no longer a strategy.
Format: Interactive Workshop| LP led | Chatham House Rule
In real assets, returns are increasingly determined not by sector exposure, but by structure. As cost pressures, political risk and financing complexity rise, LPs are taking a more active role in how infrastructure and energy investments are constructed.
This workshop focuses on the anatomy of deals that have cleared Investment Committees in the last 12 months. Participants will explore capital stacks, risk sharing mechanisms, tenure assumptions and return thresholds — and where alignment between LPs and managers quietly breaks down.
Highly practical and model driven, this session is designed for allocators and managers seeking a clearer view of what investment grade structure looks like in today’s environment.
