2024 AIF APAC Annual Investors' Meeting
March 5–6 | Westin Josun | Seoul, South Korea
On behalf of AIF Global, we hope you will make plans to join us for the 2024 AIF APAC Annual Investors’ Meeting to be held March 5–6 at the Westin Josun in Seoul, South Korea.
Agenda at a Glance
Tuesday, March 5
8:15–9:00 a.m.
In-Person Registration at the Westin Josun Seoul
9:00–9:10 a.m.
Opening Remarks and Introductions
- Sam Y. Chung, Ph.D., Head of AIF APAC, AIF Global and the AIF Institute
- Brant Maller, Founder and CEO, AIF Global and the AIF Institute
9:10–9:20 a.m.
Welcome Remarks
- Ki-Il Lee, 1st Vice Minister, Ministry of Health & Welfare (Republic of Korea)
9:20–9:50 a.m.
Keynote Remarks
- Seoungho Jin, CEO and Chairman, Korea Investment Corporation (KIC)
- Sungwhan Shin, Member of the Monetary Policy Board, Republic of Korea
10:00–10:40 a.m.
Keynote Fireside Chat
Moderator:
- Brant Maller, Founder and CEO, AIF Global and the AIF Institute
Panelists:
- Thomas Lee, Executive Director and CIO, New York State Teachers’ Retirement System
- Hoon Lee, CIO, Korea Investment Corporation (KIC)
- Rex Kim, CIO, Oregon State Treasury (virtual speaker)
10:50–11:50 a.m.
Pension Fund Investment Policy Discussion: Issues on the “Reference Portfolio”
- Adopting Reference Portfolio
- Pension Fund Management Governance
- Performance & Risk Evaluation
Moderator:
- Sam Y. Chung, Ph.D., Head of AIF APAC, AIF Global and the AIF Institute
Panelists:
- Joonhaeng Lee, Professor, Seoul Women’s University
- Jaewoo Nam, Senior researcher, Korea Capital Market Institute (KCMI)
- Jong Hyun Won, Chairperson, Investment Policy Committee, National Pension Services (NPS)
11:50 a.m.–1:00 p.m. (Presentation: 12:00-12:30 p.m.)
Luncheon Presentation: Private Equity Portfolio Optimization
- Dr. Gregory Brown, Van and Kay Weatherspoon Distinguished Professor of Finance, University of North Carolina, Kenan-Flagler (virtual presenter)
1:15–2:30 p.m.
CIO Roundtable: Portfolio Construction under Current Macro Economic Conditions
- Keeping or Tilting Alternative Investment
- Overheating or Ongoing Alternatives
- Diversifying to Liquid Alternatives
- Considering Geopolitical Risks
Session Leaders:
- Sam Y. Chung, Ph.D., Head of AIF APAC, AIF Global and the AIF Institute
- Thomas Lee, Executive Director and CIO, New York State Teachers’ Retirement System
Session Participants:
- Jang Huh, CIO, Public Officials Benefit Association (POBA)
- Joohyun Baek, CIO, Government Employees Benefit Association (GEPS)
- Sang Hee Lee, CIO, Military Mutual Aid Association (MMAA)
- Do Yoon Lee, CIO, Yellow Umbrella Mutual Aid Fund
- Bum-sik Jeon, CIO, Korea Teachers’ Pension Fund
- Ahn Cho Goh, CIO, National Federation of Fisheries Cooperatives
- Sung Sup Cho, OCIO, Ministry of Employment and Labor
2:45–4:00 p.m.
Private Equity Roundtable Session
Session Leader:
- Chau Ly, Managing Director, Co-Head of Hong Kong Office, Aksia
Session Participants:
- Daewon Kim, Head of Private Equity Team, Hanwha life Insurance
- Hongjoon Cheon, Head of Corporate Finance Team, Korea Teachers’ Pension Fund
- Bongkeun Chung, Head of Corporate Finance, Korea Teachers’ Credit Union (KTCU)
- Yujin Lee, Senior Manager of Corporate Investment Department, Yellow Umbrella Mutual Aid Fund
- Nick Chladek, Manager of Private Equity – International, New York State Teachers’ Retirement System
- Lay Hong Lee, Managing Director, Investments, Flexstone Partners,affiliate company of Natixis Investment Managers
- Susan Soh, Partner, GrowthCurve Capital
- Thom Spoto, Managing Director, External Investing Group (XIG), Goldman Sachs Asset Management
4:15–5:30 p.m.
Private Credit Roundtable I: Direct Lending Focused
Session Leader:
- Yuichi Alex Takayama, Head of Japan, Frontier Advisors
Session Participants:
- Sungjun Park, Head of Private Debt Investment Team, National Pension Service (NPS)
- Chanwoo Lee, Head of Private Credit Team, Public Officials Benefit Association (POBA)
- Sukhoon Kang, Senior Manager of Absolute Returns Group, Korea Investment Corporation (KIC)
- Seong-Ae Kim, Senior Manager of Alternative Investment Team, Tong Yang Life Insurance
- Yujin Lee, Senior Manager of Corporate Investment Department, Yellow Umbrella Mutual Aid Fund
- Dongwoo Shin, Deputy Director, Alternative Investment Division, Korea Post
- Michael Blumberg, Senior Managing Director, Man Varagon
- Kevin McLeod, Head of Fund Development, Senior Managing Director, Cerberus Capital Management
- Kevin McMahon, Managing Director, KKR
- Jae Yoon, CIO, New York Life Investment Management (NYLIM) and Chairman, NYL Investments Asia
5:30 p.m.
Day One Session Concludes
5:30–6:00 p.m.
Transportation to AIF APAC Reception and Dinner
- Attendees head to the lobby for shuttle transportation to reception and dinner venue, Sam-Cheong-Ggak Restaurant
- Shuttle busses depart Westin Josun by 5:30 p.m.
6:00–8:30 p.m.
AIF APAC Reception and Dinner (Sam-Cheong-Ggak Restaurant)
Keynote Remarks:
- Dr. Saedon Shin, Steering Committee Chairperson, Korea Investment Corporation (KIC)
- Thomas Lee, Executive Director and CIO, New York State Teachers’ Retirement System
Wednesday, March 6
8:30–9:00 a.m.
In-Person Registration
9:00–9:15 a.m.
Day Two Opening Remarks and Introductions
- Sam Y. Chung, Ph.D., Head of AIF APAC, AIF Global and the AIF Institute
- Brant Maller, Founder and CEO, AIF Global and the AIF Institute
9:15–9:30 a.m.
Day Two Welcome Remarks
- Seungmo Kim, CIO, Insurance Division of Korea Post
9:40 a.m.–10:50 a.m.
Insurance CIO Roundtable
- Preparing for the New regulations (IFRS 17 and Solvency II)
- Keeping or Tilting in Alternative Investment
- Overheating or Ongoing Alternatives
- Diversifying to Liquid Alternatives
- Considering Geopolitical Risks
Session Leader:
- Matthew Michelini, Partner, Head of Asia-Pacific, Apollo Global Management
Session Participants:
- Hyun Jeon Kim, CIO & Vice Chairman, Tong Yang Life Insurance
- Minsik Shin, CIO, Hanwha Life Insurance
- Sung Bae Hwang, CIO & Vice Chairman, DB Life Insurance Asset
- Songho Baek, CIO, Samsung Fire & Marine Insurance
- William Bell, CIO-Alternatives, Arch Capital Group
11:00–12:00 p.m.
Private Credit Roundtable II: Structured & Opportunistic Focused
Session Leader:
- Elizabeth Oh, Principal & Head of Investments Advisory-Korea, Mercer
Session Participants:
Sungjun Park, Head of Private Debt Investment Team, National Pension Service (NPS)
Chorong Lee, Senior Manager of Corporate Investment Department, Yellow Umbrella Mutual Aid Fund
- Sungjin Choi, Head of Overseas Strategic Investment Department, Samsung Fire & Marine Insurance
- Yoonsuck Oh, Senior Manager of Alternative Investment Team, National Federation of Fisheries Cooperatives
- Alex Cha, Partner and Head of Portfolio Management & Trading, 400 Capital Management
- Kyle McCarthy, Executive Vice President and Alternative Credit Strategist, PIMCO
- Sylvia Owens, Partner, Kennedy Lewis Management
- Bruce Richards, Chairman & CEO, Marathon Asset Management
12:00–1:00 p.m.
Luncheon Special Guest Speech: Promoting Japan as a Leading Asset Management and Financial Center
Maho Miyakawa, Financial Services Agency (FSA), Japan
1:00–2:10 p.m.
Real Estate Roundtable Session: Navigating Non-office Sectors through Demographic Changes
- Valuation across geographies, sector, theme and style
- Risk mitigation of existing investment
- Past, current, and future performance of different sectors
- Illiquid vs. liquid
- Equity vs. debt
Session Leaders:
- Hee Seok Kim, CEO, A&C Asia
- Brant Maller, CEO and Founder, AIF Global and the AIF Institute
Session Participants:
- Kyoungwhan Jang, Head of Real Estate Team, National Pension Service (NPS)
- Harry Song, Head of Overseas Real Estate Investment Team, Public Officials Benefit Association (POBA)
- JS Park, Head of Overseas Real Assets Investment Team, Hanwha Life Insurance
- Joo-Min Song, Head of Real Estate & Infrastructure Investment Team, Korea Teachers’ Pension (KTP)
- Seong-Ae Kim, Senior Manager of Alternative Investment Team, Tong Yang Life Insurance
- Chul-hyun Kim, Senior Manager of Real Asset Investment Team, Yellow Umbrella Mutual Aid Fund
- Aaron Dong, Senior Manager of IACI Fund Alternative Investment Team, Fund of the Ministry of Employment and Labor (Samsung Asset Management)
- Joong-il Kim, Head of Asset Management Team, Specific Post Office Pension Service Agency (POPA)
- Warren de Haan, Managing Partner and Chief Executive Officer, ACORE Capital Management
- Mary Lang, Managing Director and Portfolio Manager, CBRE Investment Management
- Casey Miller, Managing Director, Portfolio Management, Principal Asset Management
2:30–3:40 p.m.
Infrastructure Roundtable Session: Navigating Investment Opportunities Beyond or Through Geopolitical Issues
- Can renewables bring attractive returns for the next decade between decarbonization policy beneficiaries and lots of capital flow in?
- Can digital infrastructure or mid-market infrastructure offer better investment opportunities than typical large core assets with attractive risk-adjusted returns?
- ESG: Climate change (decarbonization) and energy transition, and relevant investment opportunities
- Valuation gap: Listed vs Unlisted performance
- High-interest rate slowing down: equity vs debt performance
- How can we best benefit from combining equity and debt, large core and mid-market?
Session Leader:
- Bernard McNamara, Head of Client Solutions, CBRE Investment Management
Session Participants:
- Sangtae Kim, Head of Infrastructure Investment Team, National Pension Service (NPS)
- Jake Lee, Head of Infrastructure Investment Team, Hyundai Marine and Fire Insurance
- Hyungsun (Marcus) Moon, Senior Manager of Infrastructure Group, Korea Investment Corporation (KIC)
- Seok-Won Lee, Senior Manager of Infrastructure Investment Team, Public Officials Benefit Association (POBA)
- Yunjeong Hong, Senior Manager of Real Asset Investment Department, Yellow Umbrella Mutual Aid Fund
- JS Park, Head of Overseas Real Assets Investment Team, Hanwha Life
- Wonseok Koo, Head of Infrastructure Investment Team, Samsung Fire & Marine Insurance
- Zach Ennis, Principal, Investment Team, Stonepeak
- Erik Savi, Partner & Global Head of Infrastructure Credit, The Carlyle Group
4:00–5:00 p.m.
Comprehensive Closing Roundtable
Session Leader:
- Sam Y. Chung, Ph.D., Head of AIF APAC, AIF Global and the AIF Institute
Session Participants:
- Hong Rae Cho, Vice Chairman, Korea Investment Management (KIM)
- Moon Kyung Choi, Deputy Director, Ministry of Employment and Labor
- Hee Seok Kim, CEO, A&C Asia
- Si Wan Lee, Head of Alternative Investment Unit, Samsung Life Asset
- Dong Hun Jang, Senior Advisor, Yulchon and Former CIO, Public Officials Benefit Association (POBA)
- Wang Gun Shin, Chairperson, Risk Management & Performance Evaluation Committee of National Pension Service (NPS)
- Chonghyun Won, Chairperson, Risk Management & Performance Evaluation Committee of National Pension Service (NPS)
- Jong Hyun Won, Chairperson, Investment Policy Committee of National Pension Service (NPS)
- Sukhoon Han, Chairperson, Fiduciary Committee of National Pension Service (NPS)
5:00–6:00 p.m.
2024 AIF APAC Closing Reception
2024 AIF APAC Annual Investors' Meeting Participant List
Investor, Consultant and Finance Academic Participants
Aksia
Chau Ly, Managing Director, Co-Head of Hong Kong Office
Junghun Um, Portfolio Advisor
Arch Capital
William Bell, CIO, Alternatives
bfinance
Soo Hyun Eum, Director
Bank of Korea (BOK)
Sungwhan Shin, A member of the Monetary Policy Board
Construction Gurantee Cooperative
Lim Sup, CIO
Construction Workers’ Mutual Aid Association
Sung Wook Kim, Senior Manager
DB Life Insurance Asset
Sung Bae Hwang, CIO and Vice Chairman
Frontier Advisors
Yuichi Alex Takayama, Head of Japan
Fubon Hyndai Life Insurance
Jimin Son, Senior Manager
Government Employees Benefit Association (GEPS)
Joohyun Baek, CIO
Hanwha Life Insurance
Minsik Shin, CIO
Daewon Kim, Head of Private Equity Team
JS Park, Head of Overseas Real Assets Investment Team
In Gwan Hwang, CIO
Jake Lee, Head of Infrastructure
Korea Post
Seungmo Kim, CIO, Insurance Division
Korea Investment Corporation (KIC)
Seoungho Jin, CEO and Chairman
Hoon Lee, CIO
Saedon Shin, Steering Committee Chairperson
Sukhoon Kang, Senior Manager of Absolute Returns Group
Hyungsun (Marcus) Moon, Senior Manager of Infrastructure Group
Korea Investment Management (KIM)
Hong Rae Cho, Vice Chairman
Korea Teachers’ Credit Union (KTCU)
Bongkeun Chung, Head of Corporate Finance Team
Korea Teachers’ Pension Fund
Bumsik Jeon, CIO
Hongjoon Cheon, Head of Corporate Finance Team
Joo-Min Song, Head of Real Estate & Infrastructure Investment Team
Lina Fire Insurance
Yoo Shik Chung, CIO & Vice Chairman
Lotte Insurance
Joon Yong Song, CIO & Vice Chairman
Mercer
Elizabeth Oh, Principal & Head of Investments Advisory-Korea
Meritz Fire and Marine Insurance
Jong Min Kim, CIO & Vice Chairman
Military Mutual Aid Association (MMAA)
Sang Hee Lee, CIO
Ministry of Employment and Labor (Republic of Korea)
Sung Sup Cho, OCIO
Moon Kyung Choi, Deputy Director
Ministry of Health & Welfare (Republic of Korea)
Ki-Il Lee, 1st Vice Minister
Sran Lee, Executive Director of National Pension Service
National Agricultural Cooperative Federation
Gwang Won Lee, Team Head of Alternative Investment
Yong Jin Joo, Senior Manager of Infrastructure Investment
Jin Yeop Kim, Team Head of Infrastructure Investment
National Federation of Fisheries Cooperatives
Ahn Cho Goh, CIO
Yoonsuck Oh, Senior Manager of Alternative Investment Team
National Pension Service (NPS)
Hee Suk Kim, Former Head of Investment Strategy
Sukhoon Han, Chairperson, Fiduciary Committee
Jong Hyun Won, Chairperson, Investment Policy Committee
Wang Gun Shin, Chairperson, Risk Management & Performance Evaluation Committee
Suc-Won Lee, Managing Director, Investment Strategy, Responsible Investment and Governance
Sungjoon Park, Head of Private Debt Investment Team
Kyoungwhan Jang, Head of Real Estate Team
Sangtae Kim, Head of Infrastructure Investment Team
Chonghyun Won, Chairperson, Risk Management & Performance Evaluation Committee
New York Life Investments
Jae Yoon, CIO
Woo Hyun (Eric) Cho, Director
New York State Teachers’ Retirement System
Thomas Lee, Executive Director and CIO
Nick Chladek, Manager of Private Equity – International
NH Bank
Sung Jae Park, Team Head of Overseas Investment
Go Eun Lee, Senior Manager
Oregon State Treasury
Rex Kim, CIO*
Public Officials Benefit Association (POBA)
Jang Huh, CIO
Harry Song, Head of Overseas Real Estate Investment Team
Chanwoo Lee, Head of Private Credit Team
Seok-Won Lee, Senior Manager of Infrastructure Investment Team
Samsung Fire & Marine Insurance
Songho Baek, CIO
Sungjin Choi, Head of Overseas Strategic Investment Department
Wonseok Koo, Head of Infrastructure Investment Team
Samsung Asset Management
Si Wan Lee, Head of Alternative Investment Unit
Aaron Dong, Senior Manager of IACI Fund Alternative Investment Team, Fund of the Ministry of Employment and Labor
Saejin Joo, Head of PE
Specific Post Office Pension Service Agency (POPA)
Joong-il Kim, Head of Asset Management Team
Tong Yang Life Insurance
Hyun Jeon Kim, CIO and Vice Chairman
Seong-Ae Kim, Senior Manager of Alternative Investment Team
Yellow Umbrella Mutual Aid Fund
Do Yoon Lee, CIO
Yujin Lee, Senior Manager of Corporate Investment Department
Chorong Lee, Senior Manager of Corporate Investment Department
Chul-hyun Kim, Senior Manager of Real Asset Investment Department
Yunjeong Hong, Senior Manager of Real Asset Investment Department
*Indicates Virtual Attendee
