Effective strategies for fine-tuning compliance programs in an increasingly complex private equity environment
Earn CLE & CPE credits
New for this year, CLE credits are now available! In addition to CPE, PEI is pleased to offer our attendees continuing legal education credits.
Gain actionable tools & strategies
Acquire tips and tricks for structuring and running an effective compliance program from experienced CCOs, General Counsels and the SEC.
Connect with your peers
This unique event affords compliance professionals the opportunity to exchange ideas, benchmark strategies and learn how to handle current trends impacting the industry.
Adriana Sanford, J.D., DUAL LL.M.
Senior Fellow, Center for Intelligence and National Security
University of Oklahoma
Agenda highlights include:
» Key takeaways from major enforcement and litigation actions against private funds
» ESG considerations for private equity funds
» Moving from single to multiple strategies: As a private equity firm grows, what are the cost-efficient strategies for dealing with the expanding compliance function?
» In the interim: How are firms practically handling the SEC’s advertising proposal and its potential application to social media platforms?
» What should a compliance executive think about when a business enters into a co-investment arrangement?
» CCO and CFO and COO and…small(er) firm compliance challenges
» CCO Think-Tank
Download the 2020 brochure
Download the 2020 brochure now to view the keynote, speaker line-up, advisory board and the agenda-at-a-glance. This year’s revamped program will touch on all of your most pressing compliance and regulatory needs including: fees and expenses, valuation, ESG, cybersecurity, conflicts of interest and so much more!
Confirmed attendees include:
What our attendees say about the Forum
This is the most informative of the conferences I do every year
Leerink Capital Partners
One of my go to events each year due to the timely program content and excellent panelists.
Excellent event, with all topics being highly relevant
Earn CLE & CPE credits
PEI is registered with the National Association of State Boards of Accountancy
(NASBA) as a sponsor of continuing professional education on the National Registry
of CPE Sponsors. State boards of accountancy have final authority on the acceptance
of individual courses for CPE credit. Complaints regarding registered sponsors may
be addressed to the National Registry of CPE Sponsors through its website: www.
View each tab below to explore the 2020 agenda featuring breakouts, panel discussions, working groups and networking opportunities for this year’s Forum.
For speaking opportunities, contact Alma Subasic, J.D. at email@example.com.
Day 1 - Wednesday 9th
Registration & networking breakfast
PEI and Chairperson welcome
Assessing the Impact of Covid-19, Presidential Election, and Brexit on Private Funds
- We’ve got you covid: practical pandemic pointers
- How did the existing BCP plans work?
- What did the WFH environment change?
- What would fund managers do differently for the future?
- POTUS on private equity: a prognostication
- London calling: will Brexit be a clash of regs?
Jacob Comer, General Counsel & Chief Compliance Officer, NovaQuest Capital Management
John McGuiness, Chief Compliance Officer and Corporate Counsel, StepStone Group
Keynote address : The most dangerous compliance challenges in an ever-changing global security landscape
- Examining risks and critical challenges posed by the complex and rapidly evolving set of global data privacy regulations, with a focus on EU General Data Protection Regulations (GDPR) violations, and new developments on the horizon
- Gaining an understanding of the unique challenges posed to traditional regulatory models
- Acquiring an understanding of the complex and often inconsistent privacy and data protection standards, the new burdens under the California Consumer Privacy Act (CCPA), as well as business and legal risks associated with non-compliance
- Identifying which foreign regulators are stepping up enforcement, which jurisdictions have a higher risk of non-compliance, and what the more pressing issues are that will be the focus of their efforts
- Exploring which foreign landmark rulings may have extra-territorial implications on US businesses (including small and medium-size companies) and significant areas of cyber law currently in flux in the courts
- Discovering recent trends across the globe to help address regulatory divergence
Adriana Sanford, J.D., dual LL.M., Senior Fellow, Center for Intelligence and National Security, University of Oklahoma
ESG considerations for private equity funds
This session will identify and explain the primary approaches a fund can take to incorporating ESG, from meeting minimum requirements to being a “pure” social impact fund. We will discuss ESG compliance issues, including how to incorporate ESG into investments, how to monitor compliance, and whether there is a market for dedicated social impact funds.
Dominick Barbieri, Associate General Counsel and Deputy Chief Compliance Officer, Palladium Equity Partners
Amy Brusiloff, Senior Vice President, ESG Capital Deployment, Bank of America
Catherine Colyer, Chief Compliance Officer, WaterEquity
Moving from single to multiple strategies: As a private equity firm grows, what are the cost-efficient strategies for dealing with the expanding compliance function
- What is there for a compliance officer to pay attention to when a new strategy (e.g., debt fund) is contemplated by a firm’s management?
- What mechanisms would be useful to have in place to identify new risks as they arise (i.e., is it useful to have a risk committee or to have direct contact with senior management or something else?)
- What is the process by which a compliance professional can work to establish policies and procedures to mitigate these risks?
- Practical strategies for dealing with conflicts when a firm is engaged in multiple strategies
- How to monitor and track these conflicts
- Should a specific conflict policy be in place?
- Would a risk matrix be helpful here?
How did firms adapt to the coronavirus in terms of their investment mandates and investment strategies
- What does LPA permit (management authority, investment limitations, permissive investment baskets, etc.)?
- Is any LP or LPAC approval needed?
- MNPI issues, conflict and tax issues
- Concentration limits
- Allocation issues
Jennifer Cattier, General Counsel and Chief Compliance Officer, Almanac Realty Investors, LLC
Jason S. Scoffield, Senior Compliance Counsel & Fund Counsel, Audax Group
In the interim: How are firms practically handling the SEC’s advertising proposal and its potential application to social media platforms
- Addressing any recent updates from the SEC
- Does the proposal have any impact on firms’ current policies and procedures?
- How challenging does the industry anticipate the potential rule’s adoption will be?
- At this time, what are the restrictions applicable to marketing materials?
- Who should review and approve marketing materials?
- As more and more firms engage in social media advertising, how do proposed rules apply to social media platforms?
Sabina Haq, Chief Compliance Officer, Siris Capital Group, LLC
Daren Schneider, Chief Financial Officer and Chief Compliance Officer, JLL Partners, LLC
Track A | What should a compliance executive think about when a business enters into a co-investment arrangement
- Suggested good industry practice for allocating deals fairly
- What are the risks and rewards associated with doing co-investment deals?
- Allocation of expenses with co-investors
- If there is a failure to close on a co-investment, how are expenses allocated?
Guy Talarico, CEO, Alaric Compliance Services, LLC
Teresa Bernstein, Chief Operating Officer, GC and CCO, ACON Investments, LLC
Arthur Price, Chief Compliance Officer, Thomas H. Lee Partners, L.P.
Track B | Conflicts of interest: What Is SEC looking for
- What have firms been experiencing during exams with respect to the conflicts of interest?
- What is of a particular interest to the SEC at this time?
- What are recommended controls and processes in this respect?
- In view of potential conflicts, what are the suggested procedures for allocating deals across funds
- How are expenses allocated at a portfolio company level?
- When a conflict arises in the course of business, how to address/mitigate it since it can’t be disclosed in advance?
Nabil Sabki, Partner, Latham & Watkins
Yonah Feder, Chief Compliance Officer, Onex Corporation
Ruth Goodstein, Partner, Central Park Group, LLC
Track C | What has been the impact of Covid-19 on firms’ cybersecurity systems and pointers on mitigating the impact of a cyber event
Covid-19 impact on systems
- Addressing the aspects of heightened cyber awareness during the pandemic
- What have firms been experiencing as a result of the pandemic?
- What would fund managers do differently for the future?
- What protections do firms generally have in place now and how successful have those efforts been in protecting the firms against attacks?
- What should these protections look like and where do most firms fall short? (e.g., Specifics on physical access to servers; two-factor authentication for accessing the network at home; etc.)
- Penetration testing: how often should it be performed?
- What’s compliance and what’s related to technology and doing business: what does cyber security mean from a compliance, not technological, perspective?
- How involved should compliance professionals be and what should they know? (e.g., should a CCO have IT personnel with him/her during exams?)
- Developing a checklist of things to do to ensure adequate protections are in place
- Policies and procedures for breaches: In the event of a breach, what needs to happen and who does what?
- What should processes for wire control look like?
Cyber security at a portfolio company level
- In light of the SEC’s requirement that fund managers be more involved, what should fund managers be doing with respect to their portfolio companies’ network security? What analyses should the firms be performing to asses cyber risk at their portfolio companies?
- Should it be limited to performing due diligence before investing or should it be a more thorough and continued monitoring process?
- Suggested ways of balancing the need for a fund manager to be involved with portfolio companies’ own responsibilities
Chad Neale, Partner, ACA Aponix
Jacqueline Giammarco, Principal and Chief Compliance Officer, Stone Point Capital
Miki Kamijyo, Managing Director and Chief Compliance Officer, Annaly Capital Management, Inc.
Track D | CCO and CFO and COO and…small(er) firm compliance challenges
- What has been the impact of the Covid-19 on smaller companies and what strategies did they use to cope?
- Practical strategies for executing compliance functions for CCOs wearing dual or multi-hats
- What are the most important compliance tasks that need to be executed for an officer to feel comfortable that enough has been done?
- Effectively handling personal trading and its reporting requirements at a smaller firm
- What are the cybersecurity protections smaller firms should have in place?
James Gilligan, Chief Financial Officer and Chief Compliance Officer, Equity International
Nadir Nurmohamed, Chief Compliance Officer, Searchlight Capital Partners
Track E | When is it absolutely necessary to create European-registered investment vehicles
- Determining if a US Fund is even impacted by the AIFMD: Do you register or not?
- When is it necessary to set up a local AIFM and when can it be outsourced?
- If it is necessary to develop a local fund:
- How to work with service providers?
- How to market it?
- What it means to manage it from the US?
- Where is the overlap with the SEC’s Forms PF and ADV; what data is already captured and what’s new?
- Best practices with respect to outsourcing of the reporting
- Doing deals under AIFMD
- What are the restrictions on deal structuring?
- What is the impact on US deals that may have European subsidiaries?
Jerry Sanchez, Senior Vice President and Chief Compliance Officer, EIG Global Energy Partners
Daniel Whitcomb, Managing Director and Chief Compliance Officer, Siguler Guff & Company, LP
Track F | Addressing the heightened emphasis on AML globally
- Overview of AML requirements in a global context
- For those firms that need to comply with global AML regulations, what is the best strategy for doing that (i.e., is it the case that if a firm has operations in Europe, it has to comply with European regulations; if in Caymans, then with Caymans’ directive, etc?)
- What has been the impact thus far of the new Cayman laws?
- What third-parties have firms been using to help with the AML compliance?
- Best strategies for performing risk assessments and monitoring
Kevin Power, Head of Compliance, Americas, Pantheon Ventures
Chairperson closing remarks
Day 2 - Thursday 10th
CCO Think Tank (invite-only) | Being a part of the business: How does a CCO continue to show value and be an integrated member of a team
- Practical side of being a CCO
- Bringing concerns to the business side
- How to effectively say “no” to senior executives: what things should a CCO push back against?
- Ways to ensure that the business side continues to see value in the compliance function as well as the importance of keeping compliance team members in the loop at all times
Registration & networking breakfast
Chairperson opening remarks
Ensuring the effectiveness of current and developing additional processes and controls for a successful management of a compliance department
- What should a CCO keep in mind when it comes to the management of a compliance department?
- Onshoring vs offshoring
- How to effectively execute a restructuring of a compliance department? Given that a lot of firms are looking to expand, what are the suggestions for deciding who will be doing what and how to develop a focused working groups to track everything?
- Performing a mock audit: What should its scope be – full or limited? How frequently should it be performed? Should a third-party vendor do it or should it be done internally? If a third-party vendor should be doing it, whom do firms generally use?
- How to effectively perform forensic testing around accounting and trading activity?
- Real-world examples for testing and monitoring: What are compliance teams missing and should be doing to identify risks?
- Ensuring compliance has a seat at the table
What should the internal risk function look like
- Do firms use risk matrices to identify everything that can potentially go wrong and what to do in the event of any of these occurring? (e.g., error in financial statements – what to do?; harassment complaint – what to do if this claim is made against a firm and what to disclose to prospective clients? etc.)
What technology do firms use currently to help them automate certain compliance tasks
- Other than the code of conduct, where are compliance professionals using technology to help them? (e.g., onboarding investors? vendor management?)
- Whom are firms generally using?
- Use of technology to help with allocating deals fairly among funds managed by a firm
- Workflow management
- Use of programs that facilitate creation and review of marketing materials
- Incorporating AI and machine learning into compliance programs
CCO’s personal liability
- Addressing SEC’s recently increased focus on CCO’s personal liability
- What risks should a CCO be aware of?
Stephen Erwin, Chief Legal and Compliance Officer, JCR Capital
Shauna Harrison, Director of Compliance, PGIM,Inc.- Prudential Private Capital Group
Michael Henry, Managing Director, Chief Compliance Officer, Wafra
Key takeaways from the SEC exams
In this session we will focus on the lessons learned from the recent exams as well as what the industry can expect going forward.
Fizza Kahn, CEO and Founder, Silver Regulatory Associates
Igor Rozenblit, Assistant Director, Co-Head Private Funds Unit, U.S. Securities and Exchange Commission
How involved should compliance be in a valuation process
- In addition to the deal team, who should participate in the process and make sure there is independence in valuation?
- Should there be separate valuation committees?
- When is it advisable to use a third-party appraiser?
- How involved should compliance be (i.e., should they just be sitting on committees or should they check documents and test inputs of valuation, etc)
- Additional considerations during the valuation process while navigating impact of COVID-19
Matthew Barbato, Deputy Chief Compliance Officer, Hamilton Lane
Kabir Masson, Associate General Counsel and Deputy Chief Compliance Officer, GI Partners
Leigh Rovzar, General Counsel and Chief Compliance Officer, Declaration Partners, LP
Developing workable policies for vendor management
- How to develop a policy around vendor management? What are the most important items that should be in vendor agreements?
- How to centralize the process?
- Is a procurement individual needed?
- How to manage it all when there are many vendors:
- How to risk-rate one’s vendors? Developing different touch points with key vendors
- Is it recommended to have a third-party to help with the review of vendors? What technology is the industry using for vendor management and how decisions are made to outsource that?
- What is the basic roadmap of things to accomplish when there are 100s of vendors?
- If some vendors are not complying with a manager’s requirements, what steps should be taken with respect to obstructing vendors? What needs to be shown to the SEC to prove that a manger did its best to address a vendor’s practices?
- How did firms engage their vendors to ensure they were prepared for the pandemic?
- Did firms experience vendor issues and if so, how did they address them?
Abrielle Ronsenthal, Managing Director, Chief Compliance Officer, TowerBrook Capital Partners, L.P.
Clarifying what exactly can be charged back and how to effectively treat expenses as they occur
- What additional items are managers looking to charge back? What mechanism do firms have in place to review “gray” expenses which are not clear? What about one off expenses or if an expense is not mentioned in an LP agreement?
- Suggested ways for effectively building into agreements that a manger will charge particular costs to a fund
- How can compliance teams ensure that these items are appropriately disclosed?
- How to operationally monitor fees and expenses allocation?
- What processes do firms have in place to ensure expenses charged to LPs are in accordance with fund documents? (Back-testing; sampling of expenses charged to funds; monthly internal reports that need to be reviewed? Etc.)
Allocation of expenses
- Suggested ways for allocating expenses across funds – what do firms generally do? What can be allocated in the first place? What should be a portfolio company’s expense vs fund’s vs adviser’s?
Suggested strategies around dead deal expense allocations
T.A. McKinney, General Counsel and Chief Compliance Officer, CapitalSpring
Steven A. Schwab, Director, Legal and Chief Compliance Officer, Thoma Bravo
Chairperson closing remarks
Interested in speaking at the 2020 Forum? Please contact Alma Subasic, J.D. at firstname.lastname@example.org or +1 646-356-4521
Deputy Chief Compliance Officer, Hamilton Lane
Associate General Counsel and Deputy Chief Compliance Officer, Palladium Equity Partners
Chief Operating Officer, GC and CCO, ACON Investments, L.L.C.
Senior Vice President, CDFI Lending & Investing ESG Capital Deployment, Bank of America
General Counsel and Managing Director, Almanac Realty Investors
General Counsel & Chief Compliance Officer, NovaQuest Capital Management
Chief Compliance Officer, WaterEquity
Chief Legal and Compliance Officer, JCR Capital
Chief Compliance Officer, Onex Corporation
Principal and Chief Compliance Officer, Stone Point Capital
Chief Financial Officer and Chief Compliance Officer, Equity International
Director of Compliance, PGIM, Inc. - Prudential Capital Group
Managing Director and Chief Compliance Officer, Wafra
Managing Director and Chief Compliance Officer, Annaly Capital Management,Inc.
CEO & Founder, Silver Regulatory Associates
Associate General Counsel & Deputy Chief Compliance Officer, GI Partners
Chief Compliance Officer and Corporate Counsel, StepStone Group
General Counsel & Chief Compliance Officer ,CapitalSpring
Chief Compliance Officer, Searchlight Capital Partners
Chief Compliance Officer, Thomas H. Lee Partners, LP
Co-Chief Human Resources Officer, TowerBrook Capital Partners LP
General Counsel and Chief Compliance Officer, Declaration Partners, LP
Assistant Director, Co-Head Private Funds Unit, Securities and Exchange Commission
Partner, Latham and Watkins
Senior Vice President and Chief Compliance Officer, EIG Global Energy Partners
Senior Fellow, Center for Intelligence and National Security, University of Oklahoma
CFO, CCO, JLL Partners, LLC
Director, Legal and Chief Compliance Officer, Thoma Bravo
Senior Compliance Counsel & Fund Counsel, Audax Group
General Counsel, Siris Capital Group, LLC
CEO, Alaric Compliance Services, LLC
Managing Director and Chief Compliance Officer, Siguler Guff and Company, LP
The Forum offers a unique opportunity for organizations to raise their profile by meeting with the largest gathering of private equity marketing and communications professionals across two days of sessions.
For exclusive sponsorship packages, contact Jimmy Kurtovic at email@example.com or +1 646 795 3273.
Meet the advisory board members
Principal and Chief Compliance Officer
Stone Point Capital
Head of Compliance,
North America Private Investments & Real Estate
Bain Capital, LP
Senior Vice President, Chief Compliance Officer and Associate General Counsel
Chief Compliance Officer
TowerBrook Capital Partners
Director, Legal and
Chief Compliance Officer
Convene, 730 Third Ave, New York, NY 10017
The Benjamin Hotel, 125 East 50th Street, NY, NY 10022
Hotel accommodations booking
Hotel accommodations will be available at The Benjamin Hotel, 125 East 50th Street, NY, NY 10022. Additional details on direct bookings will become available in the near future.
Satisfy your continuing education credit requirements
New for this year, attendees can now fulfill their CLE credit requirements in addition to CPE credits!
PEI is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.