People in finance often observe that "alternative
" investments - so called because of the niche role they once played for investors - need a new name.
Over the past twenty-five years, alternatives have evolved from
a small part of the portfolios of the world's largest investors into a
core holding. Alternative investments - which include non-traditional
asset classes such as private equity, private credit, real estate
infrastructure and more - represented just 5 percent of global pension
portfolios in 1996. In 2020, they accounted for more than 25 percent.
us for a lively panel discussion on the future state of alternative
investing post-Covid. Panelists will offer their perspectives on the
current state of alternative investment strategies during, and after,
Bennett P. Lomax
President & CEO, Lomax Companies
Since 2005, Bennett P. Lomax has been the President and
CEO of The Lomax Companies, LP ("TLC"), and in that capacity actively
leads the boards of several Lomax portfolio companies. Mr. Lomax is also
a partner in Lomax Real Estate Partners ("LREP"). Mr. Lomax serves on
the board of Beltraith Capital, LLC an asset management holding company
with $2.3 billion under management.
Mr. Lomax is an active
member of the Philadelphia community, currently serving on the Temple
University Beasley School of Law Board of Visitors and as a Director of
the Temple Law Foundation. Mr. Lomax is a member of the Board of
Trustees for the George School serving on the Finance and Investment
Mr. Lomax also a member of the Board of
Directors for the Museum of the American Revolution, serving as its
Finance Committee Chair and Treasurer. Mr. Lomax is also a Trustee of
the Lomax Family Foundation and is a member of Sigma Pi Phi Fraternity.
Lomax received a Bachelor of Science degree in Finance (cum laude) from
Hampton University and a Law degree (J.D.) from Temple University
Beasley School of Law.
Partner, Bulldog Investors, LLP
Mr. Dakos joined Bulldog Investors in 1999 and is a Partner
of the firm. Together with co-founder Phil Goldstein, he manages the
firm's investment strategy. He is an acknowledged authority on value
investing who has been a featured speaker at industry forums, appeared
as a guest on respected news source CNBC, and been quoted in investment
publications such as The Investor's Guide to Closed-End Funds and Value
Mr. Dakos serves as a director/trustee of Special
Opportunities Fund, Inc., Swiss Helvetia Fund, Inc., Brookfield DTLA
Fund Office Trust Investor, Inc., and High Income Securities Fund. He
also serves as President of Special Opportunities Fund, Inc., Swiss
Helvetia Fund, Inc., and High Income Securities Fund. Mr. Dakos received
his undergraduate degree from the University of Delaware.
Mike Ryan, CFA
Head of Product Development and Evergreen Portfolios, Hamilton Lane
Mike is a Managing Director and Head of Evergreen
Portfolios at Hamilton Lane, where he focuses on the development and
management of Hamilton Lane's open-ended private markets solutions. Mike
most recently headed the firm's Research group, where his work informed
portfolio construction, risk assessment and product structure across
Hamilton Lane's portfolios.Prior to joining
Hamilton Lane in 2008, Mike was a Principal at Capital Z Investment
Partners, where he managed private equity investments in alternative
asset managers. Previously, he worked in the Technology Investment
Banking and Real Estate Investment Banking groups at Merrill Lynch.Mike received a B.A. in Economics and Computer Science from Williams College. He is a CFA Charterholder.
The moderator for the event is Dr. George Tsetsekos. Dr. Tsetsekos is the Francis Professor of Finance and Dean
Emeritus at LeBow's College of Business at Drexel
University. He served as dean of the
college from 2002 to 2012. Dr.
Tsetsekos' extensive research covers the broad areas of corporate finance,
investments, and international finance. He has published his research in many journals,
including The Journal of Financial Economics, Journal of Banking
& Finance, The Journal of Portfolio Management and Journal of
International Business Studies. He is the author of books on finance
and international capital markets and has served on editorial boards
for several academic journals.
A link to the webinar will be sent to you the day before the event.
Thank you to The Drexel University LeBow College of Business for co-producing this annual event.