Institutional Investor’s European Single Family Office Symposium

27 – 29 June, 2018

A Brave New World: Innovation, Disruption and Advancement

This year’s European Single Family Office Symposium, our 6th annual, will focus on a key central
theme of innovation, disruption and advancement in the world we live in today. This concept of
overall disruption is incorporated into everything we do from investing to technological
advancements that have been changing the way we live to innovations in industries like health
care, real estate, alternatives and beyond.
This is a time of great uncertainty. We find ourselves wondering where current market volatility
will take us, whether or not to invest in intriguing new ideas like cryptocurrency or how we
should evaluate forward- thinking issues like longevity or disruptive technology. One thing that
cannot be ignored, and is actively contributing to our societal disruption, are geopolitical risk
factors. They are unfortunately lurking around every corner for investors. The big question in
regards to that has become not will there be a next black swan event, or unpredictable
downturn, but rather when and what it will be.
The European Single Family Office Symposium will offer a forum in which a variety of
perspectives, ideas and viewpoints will be provided on these critical issues and how to navigate
one’s family office in this brave, new world. We will tackle the most important piece of the
puzzle: how can family offices remain relevant in a society that is constantly changing?
Employing a variety of formats (expert presentations, small working groups, family-only
sessions, and workshops), this two-day program will endeavor to address such issues facing
family office members, principals and executives.
We hope you will be able to join us June 27-29, 2018.

Advisory Board
Mark Shapley, Chief Investment Officer, Alder Investment Management, United Kingdom

Ian Prideaux, Chief Investment Officer, The Grosvenor Estate, United Kingdom

Kevin Doyle, Chief Investment Officer, Killeen Group, Ireland

Paul Simon, Special Adviser, Lord Fink Family Office, United Kingdom

Julian Sinclair, Chief Investment Officer, Talisman Global Asset Management, United
Kingdom

Paul Reynolds, Chief Executive Officer, Thamesis, United Kingdom

Philip Hjelmer, Investment Manager, Alpha -Invest Zurich AG, Switzerland

Dan Gay, Principal, Kensington Capital, United States

Markus Kalina, Managing Director, Atalo Capital, United States

Chris Ivey, Managing Director, Cambridge Associates, United Kingdom

Matt Norman, Chief Investment Officer, Kenjiro Family Office, United Kingdom/Switzerland

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 Institutional Investor’s European Single Family Office Symposium
27 – 29 June, 2018

Sponsoring Organisations
Lead Sponsors
Ayaltis
BlackRock
Greenspring Associates
Lakestar
Sanostro
Zanbato

Co-Sponsors
ATLAS Infrastructure
MainFirst Affiliated Fund Managers (Switzerland) AG

Associate Sponsors
AMG
Global Evolution
Hayfin
King Street
RD Legal Funding, LLC
Ocean Dial Asset Management Limited
Providence Equity Partners
RBC
Thornburg Investment Management

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 Institutional Investor’s European Single Family Office Symposium
27 – 29 June, 2018

Wednesday 27th June 2018

14.00 to 16.00 A Tour of Chillon Castle

For guests who would like to see the local sights of Montreux, Switzerland, we will
be participating in the Chillon castle tour. Please meet in the hotel lobby at 14:00. II
staff will accompany our guests for a visit and guided tour at the castle. Guests will
use their Riviera cards, which are provided by the hotel, for the trolley bus to the
castle.

Chillon castle is built on a rocky island set on the banks of Lake Leman. The first
written record of the castle dates back to 1005, however, it was originally a Roman
outpost. The present castle dates back to the mid-12th Century. Its principal
purpose was to control the strategic toll road through the Alps. There are three
main periods in the castle’s history: the Savoy era (12th century to 1536), the
Bernese era (1536 – 1798) and the Vaudois era (1798 until today).

Please be dressed in casual attire. *Limited space available.

17.30 Family Office Only Cocktails

La Palmeraie

18.30 Welcome Barbecue

La Palmeraie

For asset managers and family office attendees

Thursday 28th June 2018

07.15 TO 08.00: REGISTRATION AND BREAKFAST - SINGLE FAMILY OFFICES

Salon de Bridge

08.00 TO 08.55: SINGLE FAMILY OFFICE ONLY SESSION

Salon Club, Salon de Musique

The agenda for this session will be drawn up by the attending families the week before the event, to
ensure the timeliness of topics. This session will be private, and for families only.

Discussion Leaders: Paul Reynolds, Chief Executive Officer, Thamesis, United Kingdom

Julian Sinclair, Chief Investment Officer, Talisman Global Asset Management, United Kingdom

08.00 TO 08.55 REGISTRATION AND BREAKFAST - ASSET MANAGERS

Salon de Bridge

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 Institutional Investor’s European Single Family Office Symposium
27 – 29 June, 2018

08.55 TO 09.05 WELCOME AND INTRODUCTION

Salle des Fetes

Kristen Oliveri Paul Reynolds

US Director, Family Office Institute Chief Executive Officer
Institutional Investor Thamesis
United States United Kingdom

INNOVATION AND DISRUPTION

09.05 TO 9.40 DEMOCRATISATION AND KEY CONSIDERATIONS FOR FAMILY OFFICES

Keynote Presentation
Salle des Fetes

Ruud Veltenaar
Founder, Ruud Veltenaar & Associates
Visiting Professor, Massachusetts Institute of Technology (MIT)

Professor Ruud Veltenaar—an inspirer of change, a philosopher and a TED-X

speaker—understands that the world is changing radically and quickly, impacting
everything from welfare to well-being. The professor will discuss in detail the drivers
that are creating this paradigm shift in the financial markets and society as we know
it today.

9.40 TO 10.10 EDUCATING FAMILIES ON THE BLOCKCHAIN UNIVERSE

Presentation
Salle des Fetes

Nicolas Brand
Partner
Lakestar
Switzerland

While the whole world is clammering about blockchain and the evolution of the
cryptocurrency market, so many questions still remain. Most people aren’t really sure
what blockchain even means, let alone how it can impact our society as we know it.
This discussion will define the concept of blockchain, explain how it is practically
applied in today’s society and why we should even care.

10.10 TO 10.30 TABLE WORKSHOPS - WHAT’S THE NEXT DOWNTURN CATALYST?

Salle des Fetes

Working together in small groups, delegates will discuss the topic of what could be a
probable catalyst for the next global downturn. We encourage each table to come up
with three specific events or issues that could be considered. Through this discussion,
we can identify top worries and concerns of family offices as well as exploring
implications for each suggested event. Paul Reynolds will collect each table’s list and
share them with the overall group.

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 Institutional Investor’s European Single Family Office Symposium
27 – 29 June, 2018

10.30 TO 11.15 NAVIGATING THE EMERGING CORPORATE CREDIT MARKETS

Panel Discussion
Salle des Fetes

Brendan MacMillan (Moderator) Thomas Rutz

Chief Investment Officer Portfolio Manager
(qp) global MainFirst Affiliated Fund Managers
United States Switzerland

Paul Simon Olga Kosters

Special Advisor Director
Lord Fink Family Office StepStone
United Kingdom Switzerland

This panel will identify the drivers for the modernisation of emerging corporate credit
markets. They will investigate innovative liquid investment opportunities to access
the market such as emerging markets infrastructure bonds, LatAM microfinance and
Africa telecom, to name a few. While this is still a universe that is not extensively
covered, the panel will make a case for how it is poised to advance the world we live
in today.

11.15 TO 11.40 COFFEE

Hall

11.40 TO 11.55 MAN MEETS MACHINE- WHY THE FUTURE OF INVESTING IS QUANT
Presentation
Salle des Fetes

Wolfgang Batt
Founding Partner
Sanostro AG
Switzerland

Many people think of quantitative investing in the context of “man versus machine”,
the fight of either staying in control or else losing control to a black-box. We think
that this dualistic view misses the point: it is not that the foundations of investing
have changed. Investing is still about efficient interpretation of information and
disciplined decision-making. But what has changed though is the amount and speed
of available information. And here is where quantitative investing comes in handy. It
is a mathematical, rule based formulation of how to collect, connect and interpret
data. It uses information technology to find the relevant data under large piles of
noise. Human decision making is still at the centre of the process but it is moved up
one level. Quant managers manage the models; the models then manage the assets.

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27 – 29 June, 2018

11.55 TO 12.15 THE COST BENEFIT EQUATION: EVALUATING THE OPPORTUNITIES OF INVESTING IN
ALTERNATIVE INVESTMENTS
Panel Discussion
Salle des Fetes

Miriam Shea (Moderator) Markus Kalina

Head of Research Managing Director
Soditic Limited Atalo Capital LLC
United Kingdom United States

Ian Prideaux
Chief Investment Officer
The Grosvenor Estate
United Kingdom

Participants will discuss opportunities they are seeing in the alternative investment
space, their current view on hedge funds and where they are seeking opportunities
in systematic investing strategies and in managed futures

12.15 TO 13.00 EXPERT PANEL - PITFALLS AND OPPORTUNITIES IN CHINA AND INDIA
Panel Discussion
Salle des Fetes

Kristen Oliveri (Moderator) Ann Lee

US Director, Family Office Institute Principal
Institutional Investor Coterie Club
United States United States/China

Jamie Cayzer-Colvin Dan Gay

Principal and Head of Funds Principal
Caledonia Investments Kensington Capital
United Kingdom United States

As the globalization of the world continues, our panellists will speak about the
intricacies in investing in countries such as China and India, with certain barriers to
entry and how to execute proper due diligence on a region before investing in it. But
even beyond potential roadblocks, there are investment opportunities worth
exploring with the help of on-the-ground experts.

13.00 TO 14.00 LUNCH

Salon de Bridge

14.00 TO 14.45 CIO PANEL – INSIDE THE MINDS OF LEADING FAMILY OFFICE CIOs
Panel Discussion
Salle des Fetes

Paul Reynolds (Moderator) Julian Sinclair

Chief Executive Officer Chief Investment Officer
Thamesis Talisman Global Asset Management
United Kingdom United Kingdom

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 Institutional Investor’s European Single Family Office Symposium
27 – 29 June, 2018

Ian Prideaux Paul Simon

Chief Investment Officer Special Advisor
The Grosvenor Estate Lord Fink Family Office
United Kingdom United Kingdom

As family offices continue to eye unique investment opportunities, they continue to

take innovative approaches to structuring their overall portfolios. We will hear from
a panel of top CIOs from single family offices across Europe for a different
perspective of how they approach the space.

14.45 TO 15.15 AN OVERVIEW ON THE VENTURE CAPITAL LANDSCAPE

Presentation
Salle des Fetes

R. Todd Ruppert
Chief Executive Officer and Venture Partner
Ruppert International and Greenspring Associates
United States

Innovation occurs all the time. Successful companies have and will continue to be
created irrespective of market direction and sentiment. We are in a sustained age of
innovation led by transformational technological advances that should impact every
industry. Venture capital is the window to this innovation economy.

15.15 TO 15.25 TABLE WORKSHOPS

Salle des Fetes

Working together in small groups delegates will discuss the implications of the
previous presentations. What are the implications for family office investors, and
what questions do delegates have for the speakers?

15.25 TO 15.45 COFFEE

Hall

15.45 TO 16.20 EXPERT PANEL – DIRECT DEAL & CO-INVEST 101 WORKSHOP
Panel Discussion
Salle des Fetes

Samira Salman (Moderator) Frédéric Banzet

Chief Operating Officer Chairman and CEO
Heathside Ventures FFP Investment UK
United States United Kingdom

Harris Fried Jamie Cayzer-Colvin

Chief Executive Officer Principal and Head of Funds
Fried Family Office Caledonia Investments
United States United Kingdom

Samira Salman, COO of Heathside Ventures will moderate a panel on how to

structure a direct deal including aspects like deal flow, investment structure and co-

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 Institutional Investor’s European Single Family Office Symposium
27 – 29 June, 2018

investing, incorporating three family offices focused on direct investing, each of

whom will present a small case study of a recent deal they executed.

16.20 TO 17.45 PITCH PERFECT IDEAS TANK – SINGLE FAMILY OFFICES ONLY (EXCEPT FOR
PRESENTERS)
Salon Club, Salon de Musique

Presenters:
Son Nguyen David Wright David Sanchez
CEO Director Managing Director
Ayaltis AG BlackRock Zanbato Securities
Switzerland United Kingdom United States

Family offices will separate into two different rooms where there will be three 20
minute sessions each comprising a presentation of a compelling investment
idea/service and Q&A from a small panel of family offices regarding their strategy and
why it’s unique. Family office attendees have the opportunity to understand how
their peers look at these offerings and ask questions. After each session, and before
the next one starts, the presenter will leave the room and a five minute feedback
discussion will follow.

Panel of Family Offices for Room A: Julian Sinclair, Chief Investment Officer,
Talisman Global Asset Management; Ian Prideaux, Chief Investment Officer, The
Grosvenor Estate; Matt Norman, Chief Investment Officer, Kenjiro Family Office
Panel of Family Offices for Room B: Paul Reynolds, Chief Executive Officer,
Thamesis; Markus Kalina, Managing Director, Atalo Capital; Lex Van Dam, Partner,
Hampstead Capital LLP

16.20 TO 16.50 MEET AND GREET WITH CAMBRIDGE ASSOCIATES (FOR SPONSORS NOT
PARTICIPATING IN PITCH PERFECT)
Location TBD

For the sponsors who are not participating in the Pitch Perfect Ideas Tank, we
welcome you to join an informal chat about the markets and the industry at large with
Cambridge Associates.

ACTIVITY

17.50 TO 19.30 MONTREUX TREASURE HUNT

Participants will divide up into small teams to take part in a walking tour of
Montreux, while working as a team to solve riddles and discover treasure. The idea
is to discover places of interest or curiosity in Montreux and the surrounding area.

A booklet with an explanation of the hunt, places to discover, questions to answer

and points to score will be provided. The more places people discover, the more
points they accumulate and at the end of the day there is an award for the winners.
Pictures taken by guests must be placed in the rule book and returned upon clock-in.
They will then be duly evaluated by the jury before being exhibited during dinner.

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 Institutional investor’s European Single Family Office Symposium
27 – 29 June, 2018

19.30 TO 20.00 COCKTAILS

MP’s Bar & Grill

20.00 TO 22.00 DINNER

MP’s Bar & Grill

22.00 POKER NIGHT

Hall next to MP’s Bar & Grill

For those who are brave enough to try their hand at a night of poker, get ready to
learn from world-renowned professional poker player and advisor on Casino Royale,
Caspar Berry.

Friday 29th June 2018

8.00 TO 8.45 BREAKFAST
Salon de Bridge

8.45 TO 9.25 LEARNING TO MANAGE RISK LIKE A PRO: LESSONS LEARNED FROM A
PROFESSIONAL POKER PLAYER
Salle des Fetes

Caspar Berry
Professional Poker Player
Entrepreneur, Risk Manager
United Kingdom

Professional poker player Caspar Berry knows when to hold them and when to fold
them. He will address our audience about managing risk in the investment arena and
in all areas of their lives while utilizing the metaphor of poker.

9.25 TO 10.10 KEY CHALLENGES IN DEPLOYING CAPITAL INTO INFRASTRUCTURE: LIQUID VS.
ILLIQUID OPPORTUNITIES
Panel discussion
Salle des Fetes

Miriam Shea (Moderator) Conor Roche

Head of Research Chief Investment Officer
Soditic Limited Woodford Capital
United Kingdom Australia

David Bentley Brendan MacMillan

Partner Chief Investment Officer
ATLAS Infrastructure (qp) global
United Kingdom United States

Within the infrastructure landscape, there are a multitude of opportunities to be

weighed on both the liquid and illiquid side. Panellists will explain where they are

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 Institutional investor’s European Single Family Office Symposium
27 – 29 June, 2018

seeing advancement on both sides and what may be the better opportunities to
explore given the current environment.

10.10 TO 10.30 GAMING DISRUPTED: HOW NEW TECH AND REGULATIONS ARE CREATING
OPPORTUNITY
Presentation
Salle des Fetes

Melissa Blau Jez San OBE

Chief Executive Officer Co-Founder
i-Gaming Capital FunFair Technologies Ltd
United Kingdom United Kingdom

The gaming sector has long been known to be an early adopter of disruptive
technologies, and blockchain has proven no different. Learn from the pioneers that
are paving where gaming meets blockchain. Their insights are applicable not only to
gaming itself, but also to many industries that operate in a highly regulated sector.
In this session, learn about the opportunities unfolding after the long-awaited repeal
of the sports betting ban in the United States.

10.30 TO 10.55 EXPERT PANEL – TALKING TERMS FOR PRIVATE MARKETS

Panel discussion
Salle des Fetes

Anselm Adams (Moderator)

Senior Portfolio Manager- Private Equity
PECA
United Kingdom

Julien Decelle Mark Florman

Principal Protector
Kressen Times 3 Capital
Belgium United Kingdom

Fund terms keep getting worse for investors, but many might not even know it. Family
office investors may want to move the needle when it comes to getting better terms,
but it needs to be an all hands on deck scenario. This panel will discuss: What is a no-
go for the terms? How can you affect change by teaming up with other like-minded
investors? How can you create awareness amongst investors who are not paying
attention to the terms? Are managers hiding fees?

10.55 TO 11.15 COFFEE

Hall

Breakout discussion groups

11.15 TO 12.00 Breakout 1: HEALTHCARE, BIOTECH & AGRITECH ADVANCEMENTS

Salon Club
Moderated by Jim Mellon, Chairman, Burnbrae Group

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 Institutional Investor’s European Single Family Office Symposium
27 – 29 June, 2018

Breakout 2: MAKING AN IMPACT: How SFOs are investing in impact strategies

Salon de Musique
Moderated by Andreas Ernst, Managing Director of Impact Investing, Anthos; Paul
Simon, Special Advisor, Lord Fink Family Office

Breakout 3: INTERESTS OR INVESTMENT PERFORMANCE?: New biz ideas from the

family and other structural topics
Salle des Fetes
Moderated by Doug Bryant, President, Settco Management

12.00 TO 12.40 DISRUPTIVE TECHNOLOGY: HOW SFOS SHOULD PREPARE FOR SECULAR CHANGES
Panel discussion
Salle des Fetes

Anselm Adams (Moderator) Tim Hayes

Senior Portfolio Manager- Private Equity Chief Global Strategist
PECA Ned Davis Research
United Kingdom United Kingdom

Dan Gay Ann Lee

Principal Principal
Kensington Capital Coterie Club
United States United States/China

In the blink of an eye, a new technology can be created that forever changes the
way we do something, or completely disrupts an existing industry. Given our new
reality, family offices and technology experts plan to weigh in on specific
advancements in industries like technology and aerospace. They will provide insights
into new changes happening in real time and provide guidance on how family offices
can become involved in such trends.

12.40 TO 13.10 EXPERT PANEL – LESSONS LEARNED FROM THE NEXT GEN—WHAT MILLENNIALS
CAN TEACH US
Panel discussion
Salle des Fetes

Doug Bryant (Moderator) Chris Varco

President Managing Director
Settco Management Cambridge Associates
United States United Kingdom

Alexandra Caminer
Managing Director
JAG Capital Group
Switzerland

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 Institutional Investor’s European Single Family Office Symposium
27 – 29 June, 2018

Family offices can no longer ignore the fact that millennials are now in control of quite
a bit of wealth. Whether they are inheriting it through their own family office or
creating it for themselves, millennials are changing the way we think about wealth.
This session will allow the previous generations to hear how the next gen views
investments, wealth preservation, technology and a variety of touch points that help
aid in communication amongst the generations.

13.10 TO 13.15 WRAP UP & FINAL REMARKS

Salle des Fetes

Paul Reynolds Lara Park

Chief Executive Officer European Director, Family Office Institute
Thamesis Institutional Investor
United Kingdom United Kingdom

13.15 TO 14.15 LUNCH WITH GUEST SPEAKER: 10 THEMES FOR THE 10 YEARS AHEAD
Salon de Bridge

Jim Mellon
Chairman
Burnbrae Group
Isle of Man

Building off of his powerful presentation at last year’s European Single Family Office
Symposium, a visionary entrepreneur and family office investor will continue where
he left off and go deeper into the concept of not only healthcare and longevity, but
nine other key themes such as new payment themes, new energy and artificial
intelligence.

14.15 TO 15.00 SINGLE FAMILY OFFICE ONLY RECAP

MP’s Bar Terrasse

Moderated by Samira Salman, Chief Operating Officer, Heathside Ventures and

James Gallon, Director , Ellestone

Single family offices are welcome to join us on the terrace for a glass of wine to
recap the most memorable moments of the conference and to share any final
thoughts with one another.

END OF SYMPOSIUM

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