Private Family Offices ~ West Coast to Welcome over 45 Private Family Offices
Sessions include discussions on strategies and opportunities in the alternatives space – as well building relationships, issues of succession, family risk management, trends in philanthropy, debt instruments, and 130/30s.
Editor's Note Regarding 130/30s: U.S. money managers have accumulated nearly $30 billion in newly popular 130/30 Strategies. A 130/30 strategy goes 130% long and 30% short. In these strategies, the firm shorts a certain percentage of the portfolio, but those short positions are balanced with extra long positions so the overall portfolio has full market exposure.
Analysts and consultants said the market for these strategies is in such early stages that no one firm dominates. Prime brokers that handle accounts for institutional investors engaging in 130/30 or 120/20 strategies estimate as much as $60 billion is already invested in them. “It’s a better way to run money and it will become a large and accepted part of the money management scene in the next five to 10 years,” said Paul Quinsee, chief investment officer of the core U.S. equity group that manages JPMorgan’s 130/30 strategies. For an excellent overview on 130/30's go here.
Confirmed Private Family Offices include:
Bacchus Capital; The Bakal Company; Braverman Family Partnership; Cornerstone Holdings, LLC; Granite Creek Partners, LLC; Humphrey Enterprises; J & T Roush Family LLC; K.T. Family Trust; Laddent Group; Laird Norton Co. LLC; Loeb Partners; Mantucket Capital Management; Massey, Quick and Co., LLC; Pacificor, LLC; Pay By Touch; PrideCo Capital Management; PRISM Family Office; Schnitzer Steel Industries, Inc.; SkyBridge Capital; Space Center Ventures; Terrapin Partners, LLC; Trailhead Advisors, Inc.; Twin Chimney Inc.; The Zar Fund Group LLC; Zen Investments LLC.
For more information about the event click here.