At this DCIF In Depth session, we will discuss and share private markets wisdom from Australia, the US – and share early lessons from the UK experience.
Practical lessons and case studies
• We will discuss the challenges associated with deploying a lot of capital into private markets in a short space of time. How has this worked for Australian superfunds, which have been doing this for several decades? Have there been any difficulties and if so, how have they overcome them? How does the UK experience compare so far?
• We will explore how some US investors have addressed the challenge of offering daily pricing while investing in less liquid asset classes. Which approaches have proved effective, and could any of these models be adapted for the UK DC market?
• We will also consider how private markets investing could evolve over the next five to ten years. What could a mature system look like?
Our intention is for this to be a practical and interactive session, with plenty of useful ideas to take back to your desk.
Speakers:
Sara Shean- Executive director and Defined Contribution practice leader for the U.S. markets at PGIM Real Estate
Sara Shean is an executive director and Defined Contribution practice leader for the U.S. markets at PGIM Real Estate. Sara has 20 years of defined contribution investment experience and is responsible for covering institutional relationships and delivering thought leadership regarding the implementation of real estate investment solutions in the United States. Sara is currently the co-President of the Defined Contribution Real Estate Council and a member of the Investment Policy and Design Committee of the Defined Contribution Institutional Investment Association.
Prior to joining PGIM Real Estate, Sara was head of institutional defined contribution at Cohen & Steers for three years, where she was a board member of the Defined Contribution Real Estate Council and the Defined Contribution Institutional Investment Association.
Sara also spent 19 years at J.P. Morgan, including 12 years as an investment strategist for the firm’s institutional defined contribution clients.
Sara has a bachelor’s degree in applied economics and business management from Cornell University and is a CFP certificant.
Kurt Walten- Senior Vice President, Investment Affairs & Investor Education for NAREIT
Kurt Walten is Senior Vice President, Investment Affairs & Investor Education for NAREIT. NAREIT is the non-profit trade association for REITs and as part of its mission, acts as a resource on real estate and REITs for the institutional and retail investor community. Mr. Walten is responsible for overseeing efforts to educate organizations comprising this community on the role of real estate investment through REITs in long-term, retirement savings portfolios. Many of the most influential plan sponsors, investment managers and consultants within the institutional investment marketplace rely on information from NAREIT’s internal research team and independent research partners for data to assist them in their analysis of this fundamental asset class.
Before joining NAREIT, Mr. Walten spent seventeen years at ICMA-RC, a retirement plan provider in Washington DC, where he held a number of positions. His last position there was Vice President, Marketing, where he was responsible for managing ICMA-RC’s strategic plan and directing the marketing efforts associated with the organization’s 401 qualified plan, 457 deferred compensation plan, Individual Retirement Account (IRA) and Retirement Health Savings programs. He was also responsible for directing the legislative affairs function for ICMA-RC. Mr. Walten received a bachelor’s degree from Dickinson College in Carlisle, PA and a master’s degree in business administration from Marymount University in Arlington, VA.
Hilary Inglis- Head of Strategic Relationships, Octopus Energy Generation (OEGen)
Hilary Inglis is the Head of Strategic Relationships at Octopus Energy Generation, a specialist renewables and energy transition asset manager, and part of the OEGen’s Leadership Team. Hilary assumed this role in July 2023, bringing extensive investment and strategic relationship experience, focusing on new and existing clients to expand OEGen’s relationships, delivering compelling investment solutions and strategic planning for new regions and target market segments.
Before joining Octopus Energy Generation, Hilary held senior positions working with a wide range of clients, globally. She has been extensively involved in the UK DC market over the last ten years, following her experience in the Australia.
Currently serving as the Chair of the Membership Committee at the UK Sustainable Investment and Finance Association (UKSIF).
Hilary holds an MBA from Heriot-Watt University and a BA (Hons) from Oxford Brookes University.
This event is open to pension funds, consultants and other advisers. Asset managers must be DCIF members to attend.