One of the most influential investor conferences for over a decade, CNBC’s Delivering Alpha brings together the biggest names in the investment community from top institutional and sovereign funds, private equity, hedge funds and venture capital, as well as influential political and economic leaders. CNBC anchors and reporters will lead high-level discussions on the critical issues facing investors in today’s global economy through one-on-one interviews and panel sessions.
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Chamath Palihapitiya is founder and CEO of Social Capital, whose mission is to advance humanity by solving the world’s hardest problems. Social Capital invests in and starts breakthrough companies in several areas, including health care, education, financial services and enterprise. Before founding Social Capital, Palihapitiya was a member of the senior executive team at Facebook and a key driver behind its rise to one of the most important and impactful companies in the world.
Prior to Facebook, Palihapitiya held leadership roles at Mayfield Fund, AOL and Winamp. He was born in Sri Lanka, grew up in Canada and graduated with a degree in electrical engineering from the University of Waterloo. Palihapitiya is also owner and director of the NBA’s Golden State Warriors.
Christopher Ailman has been the chief investment officer of CalSTRS since October 2000. He leads an investment staff of more than 200 and oversees a portfolio valued at $318.1 billion as of February 28, 2022 . He has more than 37 years of institutional investment experience.
He has served on several boards and advisory boards in the U.S. and U.K. He represents institutional investors on the MSCI Index Editorial Advisory Board, the PRI Asset Owners Advisory Committee, the Sustainability Accounting Standards Board (SASB) Investor Advisory Group and the Toigo Foundation. He is the chair of the 300 Club and co-chair of the Milken Global Capital Markets Committee. In 2016, he was part of the first cohort to achieve a Fundamentals of Sustainable Accounting (FSA) credential.
Ailman is recognized as one of the top CIOs both in the U.S. and globally. He has received numerous awards and recognitions: the Institute for Fiduciary Education’s CIO of the Year in 2000, the Richard Stoddard Award for service in the investment of public pensions in 2003, the Distinguished Service Award for Advancement of Latinos in Business from the New American Alliance in 2006, and Institutional Investor magazine’s Large Public Fund Manager of the Year Award in 2011. In 2013, aiCIO magazine named Ailman the No. 3 CIO in the world and Investment Innovator of the Year. In 2017, Ailman received Institutional Investor magazine’s first Lifetime Achievement Award; and in 2018, he was named the top CIO in the world by Chief Investment Officer magazine. He is a regular guest on television and radio and is frequently quoted in major financial publications.
Ailman has a Bachelor of Arts in business economics from the University of California, Santa Barbara. He received his certified financial planner designation from the University of Southern California. He is married with three daughters and is a committed Promise Keeper.
Dr. Christiana (Chris) Bardon is Co-Managing Partner of BioImpact Capital, an affiliate manager of MPM and leads MPM’s public market investing as portfolio manager for BioImpact Equities (f/k/a Burrage Capital) and the Oncology Impact Funds.
Previously, Chris was a health care analyst at Fidelity Investments covering biotechnology, life-science tools and diagnostics, and she started her career as an analyst at MPM. She currently serves on the Harvard Medical School Board of Fellows and is a Trustee of the American Association for Cancer Research Foundation.
Chris earned her M.D. magna cum laude from Harvard Medical School and her M.B.A. from Harvard Business School. While at Harvard Medical School, she was the recipient of a Howard Hughes fellowship, and she completed her residency in Internal Medicine at the Brigham and Women’s Hospital at Harvard Medical School. She received her M.S./B.S. from the Massachusetts Institute of Technology.
Orlando Bravo is the Founder and Managing Partner of Thoma Bravo. He led Thoma Bravo’s early entry into software buyouts and built the firm into one of the top private equity firms in the world. Today, Orlando directs the firm’s strategy and investment decisions in accordance with its principles of partnership, innovation, and performance. Orlando has overseen over 300 software acquisitions conducted by the firm, representing more than $85 billion in transaction value. Forbes named him “Wall Street’s best dealmaker” in 2019, and he was part of Thomson Reuters “Eight Buyout Pros to Watch” in 2009.
Orlando was born in Mayaguez, Puerto Rico. He graduated Phi Beta Kappa with a bachelor’s degree in economics and political science from Brown University in 1992 and earned a JD from Stanford Law School and an MBA from the Stanford Graduate School of Business in 1998.
He is the Founder and Chairman of the Bravo Family Foundation, the mission of which is to provide access and opportunities to young adults in Puerto Rico. Orlando directs the organization’s various programs and initiatives to promote entrepreneurship, community-based leadership and economic development in Puerto Rico. After Hurricane Maria hit Puerto Rico in 2017, he spearheaded a humanitarian mission to remote communities on the island. In 2019, Orlando committed $100 million to the Foundation’s Rising Entrepreneurs Program (REP) with the goal of fostering entrepreneurship in Puerto Rico.
The Orlando Bravo Center for Economics Research at Brown University supports innovative research, training and collaborative projects for faculty and students in the Department of Economics. At Stanford Law School, Orlando created the Bravo Family Public Interest Post-Graduate Fellowship Fund to support students seeking full-time employment in public interest.
Orlando’s philanthropic interests also include causes in healthcare. He endowed faculty scholar and fellow positions at Stanford University’s Sean N. Parker Center for Allergy Research. He supports a wide range of medical research conducted at Stanford University, at the University of California San Francisco (UCSF) and at the College of Physicians and Surgeons at Columbia University. He is also a member of the Board of Trustees at Memorial Sloan Kettering Cancer Center.
Orlando is a Member of the Board of Trustees of the Corporation of Brown University.
9am ET
Tyler Mathisen, CNBC “Power Lunch” Co-Anchor and events strategy, Vice President
9:05 ET
Our panel of the most influential voices in the investing universe discuss where they see the greatest opportunities for alpha now. With central banks on the move, a corporate crackdown in China, the ESG boom gaining momentum, tech valuations near bubble proportions, and a pandemic that continues to linger, we’ll span the globe for ideas on where to invest now.
Mary Callahan Erdoes, J.P. Morgan Asset & Wealth Management CEO
Ashbel Williams, Florida State Board of Administration Executive Director and CIO
Jason Klein, Memorial Sloan Kettering Cancer Center SVP & CIO
Moderator: Becky Quick, CNBC “Squawk Box” Co-Anchor
Watch the full interview
9:30am ET
With investors and executives aggressively pursuing all things ESG, how can investors make sure they are getting the best ROI. This panel discusses which investments can make a true social impact, as well as boost your returns.
Carine Smith Ihenacho, Norges Bank Investment Management Chief Governance and Compliance Officer
Wendy Cromwell, Wellington Vice Chair and Director of Sustainable Investment
Christopher Ailman, California State Teachers’ Retirement System CIO
Moderator: Leslie Picker, CNBC Reporter
Watch the full interview
10am ET
With ESG on the rise, Jim Coulter is looking to make sure his firm is on the cutting edge. The TPG founder recently shifted from the co-CEO seat to focus on the firm’s growing global impact investing platform TPG Rise. As Managing Partner of TPG Rise Climate, Coulter is combining his 30-year career of trend spotting and company-building along with his expertise in impact-investing to demonstrate how the private markets can tackle an issue that impacts us all — climate change.
Jim Coulter, TPG Executive Chairman and Founding Partner
Interviewer: Andrew Ross Sorkin, CNBC “Squawk Box” Co-Anchor
Watch the full interview
10:30am ET
What’s next? The Fed, Tapering, and Rate Hikes
SPONSORED AND PROGRAMMED BY COLUMBIA THREADNEEDLE INVESTMENTS
At the recent Jackson Hole symposium, Fed Chairman Jerome Powell recognized that because progress had been made consistent with the Federal Reserve’s goals for inflation and employment, it was time to consider tapering. But he cautioned that tapering would be divorced from any interest hike, for which the bar would be higher. Will this conscious uncoupling work? This discussion will focus on market reaction, the Fed’s plans in terms of timing and scope, and what it all means for fixed income investors going forward.
Greg Halagan, Mercer Investments Principal and Co-Head of U.S. Insurance
Gene Tannuzzo, Columbia Threadneedle Investments Global Head of Fixed Income
Moderator: Rhonda Schaffler, Business Anchor
Watch the full interview
Boosting Returns Through Technology and Automation
SPONSORED AND PROGRAMMED BY INTERACTIVE BROKERS
Portfolio managers are starting to rethink the old way of doing business and they’re using technology to do it. In an effort to gain extra alpha, manage risk, and quickly react to external events, they’re switching to new trading models that employ cutting edge technology including automation. This discussion will focus on the ways technology and automation are helping boost transparency, as well as increasing access to global product offerings, all while keeping costs low and avoiding hidden fees.
David Berns, Simplify Chief Investment Officer and Co-Founder
Eric Cott, Interactive Brokers Institutional Sales
Aleh Drobysh, Interactive Brokers Institutional Sales
Moderator: Guy Adami, Private Advisor Group Director of Advisor Advocacy
Watch the full interview
Clean Energy: A Sustainable Investment?
SPONSORED AND PROGRAMMED BY NUVEEN
While infrastructure continues to be a major topic of discussion, market watchers consider the possibilities of investing in clean energy as an asset class of its own. This discussion will focus on the future of clean energy, the drivers that will determine market growth, and the potential for and sustainability of high returns.
Peter Dickson, Glennmont Partners Founding Partner
Interviewer: Jen Rogers, Financial Reporter
Watch the full interview
11am ET
Why SaaS is the path to success. From cybersecurity to big data management and integration, and beyond, Thoma Bravo CEO Orlando Bravo shares his thoughts about opportunities in tech investing, and why “now is the best time” to be investing in enterprise software.
Orlando Bravo, Thoma Bravo Co-Founder and Managing Partner
Interviewer: Leslie Picker, CNBC Reporter
Watch the full interview
11:25am ET
With a pair of industry experts, we take a closer look at how digitization will change the nature and delivery of investment solutions, how democratization will expand access to investment advice and spurn new competition and how diversity and inclusion will enable cultural competitive advantage.
Shundrawn Thomas, Northern Trust Asset Management President
Yie-Hsin Hung, New York Life Investment Management CEO
Moderator: Sara Eisen, CNBC “Closing Bell” Co-Anchor
Watch the full interview
12pm ET - 2pm ET
2pm ET
Tyler Mathisen, CNBC “Power Lunch” Co-Anchor and events strategy, Vice President
2:05pm ET
Starting off with just $3m in 2008, Altimeter Capital has been gaining alpha altitude at a rapid pace – with AUM now around $15b. While leading the charge, its founder Brad Gerstner has emerged as not only a savvy tech investor, but also as a leader in the DEI space, an innovator in SPACs, and much more. We’ll get a flight plan for alpha.
Brad Gerstner, Altimeter Capital Chairman and CEO
Interviewer: Scott Wapner, CNBC “Fast Money Halftime Report” Host
Watch the full interview
2:30pm ET
Some argue blockchain can change the world. But the technology’s posterchild, bitcoin, can distract from that with its wild price swings. We’ll hear from Katie Haun, a former federal prosecutor and leading investor in the space, on how investors should approach this fledgling space, where there are still opportunities, and how much one should allocate to the newest asset class on the block.
Katie Haun, Andreessen Horowitz General Partner
Interviewer: Kate Rooney, CNBC Technology Reporter
Watch the full interview
3pm ET
How the Retail Investor Can Find Alpha
POWERED BY CNBC PRO
As the economic recovery reaches a more mature phase post-pandemic, just buying everything won’t deliver alpha. Investors are going to need to find the right stock-picking strategies that can work in any economic environment. In this CNBC Pro session, Joe Terranova, who took his institutional trading strategy and turned it into an exchange-traded fund (JOET) that anyone can buy, discusses how retail investors can play like the big investors.
Joseph Terranova, Virtus Investment Partners Senior Managing Director
Interviewer: Dominic Chu, CNBC Senior Markets Correspondent
The Future of Vehicle Technology and Mobility
SPONSORED AND PROGRAMMED BY BAIRD
There is tremendous momentum in the vehicle technology and mobility space: a constant stream of new and disruptive technologies, a favorable public policy backdrop, increased conviction and investment from the largest market participants, and heightened consumer interest. A discussion about how these rapidly accelerating trends is creating opportunities for investors.
Adam Czaia, Baird Managing Director, Senior Investment Banker
Ben Kallo, Baird Managing Director, Senior Research Analyst
Courtney Rosenberger, Strategas Managing Director, Policy Research Analyst
Moderator: Harrison Greene, Baird Director, Sales & Trading
Watch the full interview
Building Enduring Portfolios
SPONSORED AND PROGRAMMED BY MASSMUTUAL INVESTMENTS
Solution-based and outcome-oriented investing is taking on new meaning for investors, as is the importance of building enduring portfolios that can work across market cycles. Join us for a discussion about thoughtful and strategic investment strategies designed to maximize return in a low-rate environment and grow assets for the long term.
Laird Landmann, The TCW Group, Inc. Group Managing Director, Co-Director Fixed Income
Ronald Zibelli, Invesco Chief Investment Officer, Growth Equities and Senior Portfolio Manager
Moderator: Andrea Anastasio, MassMutual Investments Head of Investment Management Solutions
Watch the full interview
3:30pm ET
Innovation, urgency, and necessity. Key drivers that sparked a revolution in health care, and great opportunity for healthcare investors. This panel looks at opportunities in this dynamic, critical and evolving arena.
Scott Sperling, Thomas H. Lee Partners Co-CEO
Alex Denner, Sarissa Capital Management Founding Partner and Chief Investment Officer
Dr. Christiana Bardon, MPM Capital Portfolio Manager
Moderator: Meg Tirrell, CNBC Senior Health & Science Reporter
Watch the full interview
4pm ET
For credit investors, the specter of inflation should sound the alpha alarm. Given heavy rate sensitive exposure, many asset owners and large investors may be facing a decade of underperformance. So what are ways to play offense in this environment? Our panel discusses the threat and the opportunities.
Elizabeth Burton, Employees’ Retirement System of the State of Hawaii Chief Investment Officer
Purnima Puri, HPS Investment Partners Governing Partner and Public Credit Strategies Portfolio Manager
Moderator: Brian Sullivan, CNBC “Worldwide Exchange” Anchor
Watch the full interview
4:30pm ET
Chamath Palihapitiya has made a name for himself – an innovative investor, a creative capitalist, and certainly not afraid of speaking his mind even if it causes a little controversy. Whether as NBA team owner, crypto evangelist or space cowboy, his insights, ideas and investments are always noteworthy.
Chamath Palihapitiya, Social Capital Founder and CEO
Interviewer: Scott Wapner, CNBC “Fast Money Halftime Report” Host
Watch the full interview
4:55pm ET
Click here to view all sessions from CNBC’s 2021 Delivering Alpha conference.
Founded in 1919, Baird is an international financial services firm with more than $305 billion in client assets(as of June 30, 2020).We provide Private Wealth Management, Asset Management, Investment Banking, Capital Markets and Private Equity services to clients through our offices in the United States, Europe and Asia. As employee-owners, we manage for the long term, continuously building capabilities to best serve clients. And we conservatively manage our balance sheet and capital position to maintain financial flexibility in all types of market conditions. Visit www.BairdDifference.com.
Investing smarter for the world you want
At Columbia Threadneedle Investments, we invest to make a difference in your world, and the wider world. Millions of people rely on us to manage their money and invest for their future; together they entrust us with $598/€572/£492 billion. Whatever world you want, our purpose is to help you achieve it. We do this by being globally connected, intense about research, having a responsible ethos and a focus on continuous improvement.
To learn more, visit columbiathreadneedleus.com/institutional/.
Interactive Brokers Group affiliates provide clients from over 200 countries and territories the ability to invest globally in stocks, options, futures, currencies, bonds, funds and more from a single unified platform. Clients can trade around the clock on over 150 markets and fund and trade accounts in up to 27 currencies. Interactive Brokers services financial advisors, individual investors, hedge funds, proprietary trading groups, and introducing brokers.
The company’s four decades of focus on technology and automation enables it to equip clients with a uniquely sophisticated platform to manage their investment portfolios. Interactive Brokers strives to provide clients with advantageous execution prices and trading, risk and portfolio management tools, research facilities and investment products, all at low or no cost, positioning them to achieve superior returns on investments.
For the sixth consecutive year, BARRON’S ranked Interactive Brokers #1 with 5 out of 5 stars in its June 12, 2023, Best Online Brokers Review.
Visit us at ibkr.com/ria.
In the changing world of investing, there’s still no substitute for trust.
Through a rigorous process, we select investment teams from other investment managers and combine them using our open-sourced, multi-managed platform. Our assets are sizable, benefiting from scale, and our range of solutions is impressive.
We’re a trusted partner in helping people secure their financial future and protect the ones they love. Learn more about how our modern approach to investing can help you thrive. Let’s achieve together.
Sponsored by Massachusetts Mutual Life Insurance Company (MassMutual) and advised by MML Investment Advisers, MassMutual Funds is a diversified multi-manager investment platform focused on the retirement and wealth management industries. MassMutual Investments is the marketing name for certain products and/ or services of MassMutual and its affiliates.
To learn more, visit www.massmutualinvestments.com
Nuveen, the investment manager of TIAA, offers a comprehensive range of outcome-focused investment solutions designed to secure the long-term financial goals of institutional and individual investors. Nuveen has $1.3 trillion in assets under management as of 31 Dec 2021 and operations in 27 countries. Its investment specialists offer deep expertise across a comprehensive range of traditional and alternative investments through a wide array of vehicles and customized strategies. For more information, please visit www.nuveen.com.
Ten-X is the world’s largest online commercial real estate exchange. At Ten-X, we are empowering the commercial real estate industry to close deals faster, better and with more certainty. We bring together the most expansive pool of buyers, asset intelligence, advanced technology platform and end-to-end operation to create an online exchange where brokers, sellers and buyers can buy and sell properties in the most efficient and effective way. Visit www.ten-x.com.
CEE’s mission is to equip K-12 students with the tools and knowledge of personal finance and economics so that they can make better decisions for themselves, their families, and their communities.
For more information, visit www.councilforeconed.org.
Christopher Ailman has been the chief investment officer of CalSTRS since October 2000. He leads an investment staff of more than 200 and oversees a portfolio valued at $318.1 billion as of February 28, 2022 . He has more than 37 years of institutional investment experience.
He has served on several boards and advisory boards in the U.S. and U.K. He represents institutional investors on the MSCI Index Editorial Advisory Board, the PRI Asset Owners Advisory Committee, the Sustainability Accounting Standards Board (SASB) Investor Advisory Group and the Toigo Foundation. He is the chair of the 300 Club and co-chair of the Milken Global Capital Markets Committee. In 2016, he was part of the first cohort to achieve a Fundamentals of Sustainable Accounting (FSA) credential.
Ailman is recognized as one of the top CIOs both in the U.S. and globally. He has received numerous awards and recognitions: the Institute for Fiduciary Education’s CIO of the Year in 2000, the Richard Stoddard Award for service in the investment of public pensions in 2003, the Distinguished Service Award for Advancement of Latinos in Business from the New American Alliance in 2006, and Institutional Investor magazine’s Large Public Fund Manager of the Year Award in 2011. In 2013, aiCIO magazine named Ailman the No. 3 CIO in the world and Investment Innovator of the Year. In 2017, Ailman received Institutional Investor magazine’s first Lifetime Achievement Award; and in 2018, he was named the top CIO in the world by Chief Investment Officer magazine. He is a regular guest on television and radio and is frequently quoted in major financial publications.
Ailman has a Bachelor of Arts in business economics from the University of California, Santa Barbara. He received his certified financial planner designation from the University of Southern California. He is married with three daughters and is a committed Promise Keeper.
Orlando Bravo is the Founder and Managing Partner of Thoma Bravo. He led Thoma Bravo’s early entry into software buyouts and built the firm into one of the top private equity firms in the world. Today, Orlando directs the firm’s strategy and investment decisions in accordance with its principles of partnership, innovation, and performance. Orlando has overseen over 300 software acquisitions conducted by the firm, representing more than $85 billion in transaction value. Forbes named him “Wall Street’s best dealmaker” in 2019, and he was part of Thomson Reuters “Eight Buyout Pros to Watch” in 2009.
Orlando was born in Mayaguez, Puerto Rico. He graduated Phi Beta Kappa with a bachelor’s degree in economics and political science from Brown University in 1992 and earned a JD from Stanford Law School and an MBA from the Stanford Graduate School of Business in 1998.
He is the Founder and Chairman of the Bravo Family Foundation, the mission of which is to provide access and opportunities to young adults in Puerto Rico. Orlando directs the organization’s various programs and initiatives to promote entrepreneurship, community-based leadership and economic development in Puerto Rico. After Hurricane Maria hit Puerto Rico in 2017, he spearheaded a humanitarian mission to remote communities on the island. In 2019, Orlando committed $100 million to the Foundation’s Rising Entrepreneurs Program (REP) with the goal of fostering entrepreneurship in Puerto Rico.
The Orlando Bravo Center for Economics Research at Brown University supports innovative research, training and collaborative projects for faculty and students in the Department of Economics. At Stanford Law School, Orlando created the Bravo Family Public Interest Post-Graduate Fellowship Fund to support students seeking full-time employment in public interest.
Orlando’s philanthropic interests also include causes in healthcare. He endowed faculty scholar and fellow positions at Stanford University’s Sean N. Parker Center for Allergy Research. He supports a wide range of medical research conducted at Stanford University, at the University of California San Francisco (UCSF) and at the College of Physicians and Surgeons at Columbia University. He is also a member of the Board of Trustees at Memorial Sloan Kettering Cancer Center.
Orlando is a Member of the Board of Trustees of the Corporation of Brown University.
Elizabeth Burton is the Chief Investment Officer of the Employees’ Retirement System of the State of Hawaii (“HIERS”), where she oversees $19 billion in pension fund assets. Ms. Burton is also on the Board of Directors of the Chartered Alternative Investment Association (CAIA). Prior to joining HIERS, Ms. Burton served as Managing Director of the Quantitative Strategies Group at the Maryland State Retirement Agency. In this role, Ms. Burton was responsible for the $4.5B Absolute Return Portfolio and for risk management oversight of the $55B Plan. Ms. Burton joined the Agency in July 2016. Previously, Ms. Burton owned William Street Advisory—a strategic advisory practice which she founded in 2013. Prior to that role, Ms. Burton was a Senior Economist and Expert Witness with Criterion Economics. Prior to that role, Ms. Burton was a Consultant at First Annapolis where she worked on M&A transactions and consulting the payments industry. Previous positions include: Co-Portfolio and Quantitative Risk Analyst with a South Africa-based fund of hedge funds, Trader (fixed income securities) for a risk management firm, and Portfolio Management Associate with a quant-focused fund of hedge funds. Ms. Burton received her Bachelor’s degree in Political Science and French, cum laude, from Washington and Lee University, and her MBA in Finance, Econometrics & Statistics from the University of Chicago Booth School of Business. She is on the board of a private residential real estate investment trust and a Trustee of The Hill School, a private boarding school. She is also a CAIA charter holder. Ms. Burton was named one of Chief Investment Officer Magazine’s Top-40-Under-40 in June 2017. In 2019 Ms. Burton received the Industry Innovation Award for <$20B plan by Chief Investment Officer Magazine and was listed in the Power 100 in 2019. In 2020 she was added to the list of top 1% of institutional investors by The Trusted Insight. She has made several appearances on CNBC in 2020 to address the state of the markets in COVID.
Mary Callahan Erdoes is Chief Executive Officer of J.P. Morgan's Asset & Wealth Management division, a global leader in investment management and private banking, with $2.8 trillion in client assets. She is also a member of JPMorgan Chase & Co.'s Operating Committee.
Erdoes joined J.P. Morgan in 1996 from Meredith, Martin & Kaye, a fixed-income specialty advisory firm. Previously, she worked at Bankers Trust in corporate finance, merchant banking and high-yield debt underwriting.
She is a board member of Robin Hood, the U.S. Fund for UNICEF and the U.S.-China Business Council. She also serves on the Federal Reserve Bank of New York’s Investor Advisory Committee on Financial Markets.
Erdoes earned a BS in mathematics from Georgetown University and an MBA from Harvard Business School. She lives in New York City with her husband and three daughters.