Fall Symposium 2015
Fourth Annual Fall Symposium: The Nexus between Real Estate and Infrastructure Investing
Bloomberg HQ - Thursday, October 8, 2015
Featuring Keynote Speaker: Henry Cisneros
Bloomberg HQ - Thursday, October 8, 2015
Featuring Keynote Speaker: Henry Cisneros
Fourth Annual Fall Symposium Summary
NYU Stern Conference Press Release
Real estate and infrastructure assets have much in common. Both are long-lived real assets with stable cash-flows that may offer inflation protection. Both types of assets are illiquid and are held in the form of private and public vehicles. Both have emerged as new asset classes of interest to large institutional investors who want to diversify their portfolio and rotate out of fixed income securities. And in both asset classes, renewed attention has been paid to environmental concerns. Our Fourth Annual CREFR Fall Symposium will compare and contrast investments in real estate and infrastructure assets, hear from leading institutional investors, and investigate how green building and new energy are changing the landscape.
7:15am-8:15am - Registration and Breakfast
8:15am-8:30am - Welcome Remarks: Dean Peter Henry, Stijn Van Nieuwerburgh, Jason Ortman
8:30am-9:30am Real Estate and Infrastructure Market Update
Peter Hobbs, Managing Director, MSCI
9:30am-10:30am - Panel 1: Real Estate and Infrastructure Assets: Risk & Return Characteristics
Moderator: Stijn Van Nieuwerburgh, Professor of Finance and Director of the Center for Real Estate Finance Research, New York University
Lars Dahl, Chief Risk Officer Real Estate, Norges Bank Investment Management
Peter Shepard , Executive Director, MSCI - Measuring Risk in Illiquid Assets
Paul Tice, Senior Managing Director and Head of the Energy Capital Group, USCA Asset Management - Infrastructure Debt Overview - U.S. Capital Advisors
10:30am-11:00am - Coffee break
11:00am-12:00pm - Panel 2: Institutional Investors in RE and Infrastructure
Moderator: James Stolpestad II, Adjunct Professor of Finance, NYU Stern School of Business
Barry Blattman, Senior Managing Partner, Brookfield - Brookfield Asset Management Inc. - Presentation
Marty Cohen, CEO, Cohen & Steers
Nicolas Firzli, CEO, World Pension Council - World Pensions Council - Presentation
Thomas Garbutt, Senior Managing Director and Head of Global Real Estate, TIAA-CREF
12:00pm-1:00pm - Panel 3: Green Building, New Energy, and Green Finance
Moderator: Ethan Zindler, Head of Bloomberg New Energy
Douglas Durst, CEO, Durst Organization - Durst Organization - Presentation
Nils Kok, CEO, GRESB - GRESB - Presentation
Constantine Kontokosta, Deputy Director, NYU CUSP & Professor of Urban Informatics, NYU SOE
Nilda Mesa, Director, Office of Sustainability, NYC Mayor’s Office - Pathways to 80x50: Reducing Greenhouse Gas Emissions in NYC
1:00-2:00pm - Keynote Speech: Henry Cisneros
Lunch
NYU Stern Conference Press Release
Real estate and infrastructure assets have much in common. Both are long-lived real assets with stable cash-flows that may offer inflation protection. Both types of assets are illiquid and are held in the form of private and public vehicles. Both have emerged as new asset classes of interest to large institutional investors who want to diversify their portfolio and rotate out of fixed income securities. And in both asset classes, renewed attention has been paid to environmental concerns. Our Fourth Annual CREFR Fall Symposium will compare and contrast investments in real estate and infrastructure assets, hear from leading institutional investors, and investigate how green building and new energy are changing the landscape.
7:15am-8:15am - Registration and Breakfast
8:15am-8:30am - Welcome Remarks: Dean Peter Henry, Stijn Van Nieuwerburgh, Jason Ortman
8:30am-9:30am Real Estate and Infrastructure Market Update
Peter Hobbs, Managing Director, MSCI
9:30am-10:30am - Panel 1: Real Estate and Infrastructure Assets: Risk & Return Characteristics
Moderator: Stijn Van Nieuwerburgh, Professor of Finance and Director of the Center for Real Estate Finance Research, New York University
Lars Dahl, Chief Risk Officer Real Estate, Norges Bank Investment Management
Peter Shepard , Executive Director, MSCI - Measuring Risk in Illiquid Assets
Paul Tice, Senior Managing Director and Head of the Energy Capital Group, USCA Asset Management - Infrastructure Debt Overview - U.S. Capital Advisors
10:30am-11:00am - Coffee break
11:00am-12:00pm - Panel 2: Institutional Investors in RE and Infrastructure
Moderator: James Stolpestad II, Adjunct Professor of Finance, NYU Stern School of Business
Barry Blattman, Senior Managing Partner, Brookfield - Brookfield Asset Management Inc. - Presentation
Marty Cohen, CEO, Cohen & Steers
Nicolas Firzli, CEO, World Pension Council - World Pensions Council - Presentation
Thomas Garbutt, Senior Managing Director and Head of Global Real Estate, TIAA-CREF
12:00pm-1:00pm - Panel 3: Green Building, New Energy, and Green Finance
Moderator: Ethan Zindler, Head of Bloomberg New Energy
Douglas Durst, CEO, Durst Organization - Durst Organization - Presentation
Nils Kok, CEO, GRESB - GRESB - Presentation
Constantine Kontokosta, Deputy Director, NYU CUSP & Professor of Urban Informatics, NYU SOE
Nilda Mesa, Director, Office of Sustainability, NYC Mayor’s Office - Pathways to 80x50: Reducing Greenhouse Gas Emissions in NYC
1:00-2:00pm - Keynote Speech: Henry Cisneros
Lunch