Investment Innovation Series
Liquid Factor Models: How Well Do You Know Your Risk?

Our discussion will review a new factor model using liquid instruments which are transparent, cheap, and efficient to trade, intended to create more intuitive and less-correlated risk factors. Stemming from his own published research, Mr. Rosenthal will suggest instrument combinations creating intuitive, less-correlated factors and an estimation method designed to help produce more stable exposure estimates, reducing the need for unnecessary re-hedging. In the discussion, we will outline that a liquid factor model explains most of the returns for investment funds with diverse holdings and objectives and this explanatory power is comparable to or better than other commonly used factor models. Liquid factor models allow for us to better estimate fund alphas and inexpensively eliminate and/or enhance exposures. We’ll conclude the discussion with a few tangible examples, analyzing funds with diverse holdings and objectives and show how liquid factor models can produce comparable but more actionable analyses.

Who Should Attend:

CE Credits:

Date: May 12, 2025

Time: 2:00 PM – 3:00 PM (30-minute presentation + 30-minute Q&A)
Location: Zoom (Link to be sent 24-48 Hours Before the Webinar)

Cost: Free to Members Only 

REGISTER NOW!

Speakers:

 Greg Bauer
Executive Director, Institutional, Parametric Portfolio Associates

Investment Innovation Series
Secondary Private Equity:
Market, Trends, Opportunity, Portfolio Allocation

With Private Equity growing to almost $5 trillion in the past decade and new evergreen 1099 vehicles coming to market, investors are now able to invest in Private Equity Secondaries.  Why is now the time to invest in Secondaries and how can investors of all sizes invest in the asset class?  Please join Peter Grape, Managing Director from Lexington Partners, the firm that conducted one of the first Secondary transactions over 30 years ago, Daniel E. Rodriguez, MBA, CIMA Director of Alternatives from Franklin Templeton and Chad R. Morgan, CFA of Franklin Templeton to learn about the asset class and the current market for Private Equity Secondaries.

Key Takeaways:

• Insights into current trends and opportunities in Secondary Private Equity
• Understanding different investment vehicles available to clients
• Strategies for effective portfolio allocation in private markets

Who Should Attend?

This session is designed for Private Wealth Managers, Research Teams, CIOs, Financial Advisors, and Analysts looking to expand their knowledge of private equity and secondary markets.

Date: April 29, 2025

Time: 12:00 PM – 1:00 PM (30-minute presentation + 30-minute Q&A)
Location: Zoom (Link to be sent 24-48 Hours Before the Webinar)

Cost: Free to Members Only 

REGISTER NOW!

Speakers:

Peter Grape, Managing Director, Lexington Partners
Peter Grape is a Managing Director of Lexington Partners primarily engaged in the evaluation of secondary purchases of private equity and alternative investments. Prior to joining Lexington in 2013, Mr. Grape was an associate in private equity at AlpInvest Partners and prior to that he was an analyst in corporate banking at Citigroup.
Mr. Grape graduated from Duke University with a BS in economics and a BA in history.

Daniel E. Rodriguez, MBA, CIMA, Director of Alternatives, Franklin Templeton
Chad R. Morgan, CFA, RIA/Family Office Market Leader, Franklin Templeton

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