Building the Pipeline of the Future
Join us at William Blair's offices for a networking reception highlighting innovative programs to help establish a diversified talent pipeline. This is an opportunity to network with other IDAC Summit attendees while also learning about some of the leading talent development organizations in this field, and an innovative initiative conducted by William Blair, Legal & General, and Allstate.  Be sure to invite your HR heads to meet the talent.

Welcome Remarks:
Angela Miller-May, Chief Investment Officer, Illinois Municipal Retirement Fund

Opening Remarks:
Stephanie Braming, CFA, Partner, Global Head of William Blair Investment Management

Talent Development Organizations:

• Diversity in Investment Management Engagement (DIME)
• Global Childrens Financial Literacy Foundation
• Greenwood Project
• Scholars for Educational Opportunity (SEO) 
• Thrive Scholars 
• United Negro College Fund Chicago (UNCF)

The Investment Diversity Advisory Council (IDAC) has been active over the last two years, we have worked to bring together a unique group of investment professionals from all sectors of the business to define and set standards, promote transparency, and provide a clear path for integrating and advancing DEI throughout the investment industry.

Opening Remarks:
Martin Cabrera, Jr., Founder and Chief Executive Officer, Cabrera Capital

Welcome to Illinois:
Governor J.B. Pritzker

Welcome Remarks:
Renae Griffin, Managing Director, GCM Grosvenor 

Sam Austin, IDAC President and Partner at NEPC, will provide an update on what has been accomplished and lay the groundwork for the future.

Presentation:
Professor Josh Lerner, Harvard Business School and Bella Research Group – Knight Foundation Report - Diversifying Investments

Legislators Speak Out
A thought-provoking conversation that explores legislative pushback to ESG and DEI efforts. We keep the focus on potential solutions – whether that be reframing the issue in terms that everyone can sign on to (for example - “talent maximization”), or ensuring all action taken (on any side) is consistent with a risk/return framework. Speakers will highlight the strategies employed to navigate these challenges, ensuring that IC charters remain robust and resilient in the face of potential headwinds.

Moderator:
Mina Pacheco Nazemi, Head of the Diversified Alternative Equity, Barings

Speakers:

• James A. Diossa, Rhode Island General Treasurer
• Michael W. Frerichs, Illinois State Treasurer
• Renaye Manley, Deputy Director, Service Employees International Union (SEIU)

• Dave Wallack, Executive Director, For the Long Term  

Transitional Remarks:
Sam Austin, Partner, NEPC

Cohort Think-Tanks Part 1 - Identifying Challenges 
Join us for an engaging and collaborative discussion as we kick off the IDAC Summit's Cohort Think-Tanks. 

This session will lay the groundwork for the cohort working groups by offering a high-level discussion of the issues to be addressed and the expected outcomes. We will highlight why these conversations are important, the role that each industry cohort can play in ‘Moving the Needle’.

Moderator: 
Obi Akunwafor, Global Head of Counterparty Risk, Invesco

Allocators
Explore strategies and best practices aimed at addressing the inequity in assets under management (AUM) and ways to promote access to capital ‘outside the box’ – whether that be diverse portfolio management teams or diverse-owned firms.

Speaker: Alex Wiggins, CFA, Chief Investment Officer, Rush University Medical Center 

Consultants
Examine how consultants can play a pivotal role in encouraging greater DEI within their own organizations and the managers they work with. 

Speaker:  Shelly Heier,CFA, CAIA, President, Verus

Diverse-Owned Managers 
Focus on the unique challenges faced by diverse-owned managers in accessing and growing capital insights, experiences, and strategies to overcome barriers and promote the advancement of diverse-owned investment firms.

Speaker: Malik T. Murray, Senior Vice President, Head of Business Development, Ariel Investments

Non-Diverse Owned Managers 
Address the importance of developing and funding diverse talent within non-diverse owned investment firms. Explore innovative approaches to recruit, retain, and advance underrepresented individuals, ultimately fostering a more inclusive and diverse workforce.

Speaker: Renae Griffin, Managing Director, GCM Grosvenor

Industry Partners 
Design effective collaborative strategies for driving DEI initiatives. Explore ways to leverage partnerships, share resources, and create a collective impact in promoting DEI throughout the asset management industry.

Speaker: Carole K. Crawford, Managing Director, CFA Institute

Cohort Think-Tanks Part 2 - Developing Solutions and Action Plans 
These breakout sessions will venture deeper into the subjects previously covered in Cohort Think Tanks - Part 1.

The Cohort teams will work together to identify three top solutions for moving the needle by addressing the difficulties they confront. Each Cohort's top ideas and implementation plans will be presented in a subsequent session, allowing attendees to acquire vital insights and benefit from the collective expertise of industry leaders, facilitators, and Cohort members.

Allocators: S-404A
Facilitator: Jonathan Glidden, Chief Investment Officer, Delta Airlines
 
Consultants: S-404BC
Facilitator: Angela Outlaw-Matheny, Director of Diverse Manager Equity, Crewcial Partners 

Co-Facilitators:

• Samantha Grant, CFA, CAIA, Senior Consultant, Verus
• Shelly Heier, CFA, CAIA,  President, Verus

Diverse-Owned Managers: S-404D
Facilitator: Machel Allen, CFA, President, Chief Investment Officer, Metis Global Partners

Co-Facilitator: Malik T. Murray, Senior Vice President, Head of Business Development, Ariel Investments

Non-Diverse Owned Managers:  S-405A
Facilitator:
Erica Seremeta, Global Director DEI Client Engagement, BlackRock
Sandee Hurse, Chief Human Resource Officer, GCM Grosvenor 

Co-Facilitators 

• Bill Braxton, Managing Director, Goldman Sachs
• Renae Griffin, Managing Director, GCM Grosvenor

Industry Participants: S-405B
Facilitator: Carole K. Crawford, Managing Director, CFA Institute

Roundtables: DEI Force Multiplier / Professional Society

• Jim Park, Chief Executive Officer, Association of Asian American Investment Manager (AAAIM) 
• Melissa Binder, Treasurer/Chair Finance Committee, Women Investment Professionals (WIP)

• Grant Podolski, CFA, CAIA,  Society of Chicago 

Roundtables: Bankers / Brokers

• Reginald Scantlebury, Senior Managing Director, Equity Institutional Sales, The Stern Brothers

Roundtables: Professional Services     

Introduction: Jonathan Glidden, CFA, Chief Investment Officer, Delta Airlines

Allocators Speak Out:  What we are Doing to Move the Industry’s DEI Needle
Join us for an informative panel discussion as we investigate innovative strategies used by allocators to promote talent maximization (DEI)) within the asset management industry. Hear from active investors who have taken bold steps to drive change through their manager selection processes, and in doing so capturing a broader spectrum of manager talent and their unique attributes.  

Moderator:
Michelle Riffelmacher, Managing Director, Consultant Relations, EnTrust Global 

Speakers:

• Sara Balawajder, Vice President, Investments, Builders Vision 
• Jessica Hart, Vice President, Investment Strategy and Public Markets, Exelon
• Reginald Sanders, Director of Investments, W.K. Kellogg Foundation
• Jamey Toland, Managing Director – Liability-Hedging Strategies, The Boeing Company

Introduction Remarks:
Jon Levin, President, GCM Grosvenor

Best Ideas Showcase

Moderator:
Sam Austin, Partner, NEPC
 
Speakers: 

• Martin Cabrera, Jr., Founder and Chief Executive Officer, Cabrera Capital 
• Arne Duncan, Managing Partner, Emerson Collective
• Prince Dykes, Co- Founder, Global Children Financial Literacy Foundation
• Marty Nesbitt, Co-Founder and Co-Chief Executive Officer, The Vistria Group
• Reginald Scantlebury, Senior Managing Director, Equity Institutional Sales, The Stern Brothers

Case Study in DEI Innovation – Strengthening the Pipeline
Join us for an energizing panel discussion as we delve into success stories in our industry, with concrete insights for everyone. The goal of this session is for all conference attendees to walk away with at least one new idea for creating a more inclusive talent pipeline in their own workplaces.

Moderator:
Stephanie Ivy-Sanford, Partner, Co-Head of the Americas Institutional Client Business, Goldman Sachs Asset Management

Speakers:

• Ryan Bailey, Chief Investment Officer, Managing Partner, Paradigm Institutional Investments 
• Jason Malinowski, Chief Investment Officer, Seattle City Employees Retirement System
• Nadia Quarles, Assistant Vice President of Business Diversity, The University of Chicago

The Case for Diversity, Equity & Inclusion: Stronger than Ever
This panel will examine the case for increasing diversity in the asset management business, providing new data points for individuals who are pursuing this conversation inside their own firms. 

Experts will discuss the critical topic of fiduciary duty in the context of diversity and inclusion. They will underline the importance of asset allocators and managers actively prioritizing diverse talent by discussing the potential repercussions of ignoring diversity as an investment concern. The discussion will focus on techniques and best practices for incorporating DEI concepts into investment decision-making processes.

Moderator: 
Ellen Hung, Deputy Chief Investment Officer, State Universities Retirement System

Panelists:

• Professor Josh Lerner, Harvard Business School and Bella Research Group – Knight Foundation Report - Diversifying Investments
• Gina Sanchez, Trustee, Los Angeles County Employees Retirement Association 
• Nimisha Srivastava, CAIA, Head of Investments, North America, Willis Towers Watson (WTW)

Transparency, Reporting and Accountability – Game Changing Tactics
Allocators are devising measures to increase the emerging and diverse manager investment analytics and reporting standards.  What do the numbers mean?  Where are the gaps and where are the opportunities? How do more transparency and accountability result in more inclusive practices and improved investment outcomes?  Learn about new and useful approaches from these investors. 

Moderator: 
Pamela Pavkov, Partner and Head of TPG NEXT, TPG 

Speakers:

• Jason Lamin, Founder and Chief Executive Officer, Lenox Park Solutions
• Sylvester McClearn, Interim Director of Emerging Managers, New York State Common Retirement Fund 
• Tom Tull, Investment Advisory Committee, Dallas Fire & Police Pension

The Cohort Collective – Actionable Next Steps
The lead facilitators from Cohort Think-Tanks - Part 2 report back to the broader audience about key items discussed and proposed solutions.

Moderator:
Rod June, Chief Investment Officer, Los Angeles City Employees’ Retirement System 

Transitional/Opening Remarks: Erica Seremeta, Global Director DEI Client Engagement, BlackRock

Consultant Speak Out
Allocator are relying on their advisors to not just find, but recommend underrepresented, undercapitalized managers at all stages of their growth cycle.  What incentives and accountability must be established to ensure consultants incorporate inclusionary practices throughout their organizations, including the people they hire and promote.

Moderator: 
Neetika Singh, MD, Co-Head of Global Consultant Relations and Head of Platform & Scaled Solutions for Americas Institutional Business, BlackRock 

Speakers:

• Dr. John Claisse, Chief Executive Officer, Albourne
• Rosa M. Limas, Vice President, Director, Segal Marco Advisors
• Heather Myers, Partner, Non-Profit  Solutions Leader, Aon 
• Michael Manning, CFA, CAIA, Managing Partner, NEPC   

IDAC 2023 Next Steps + Action Plan 
Speaker: Richard Chari, Principal, Senior Consultant, NEPC 
Speaker: Sam Austin, Partner, NEPC