Hedge Fund Manager Due Diligence: Issues, Updates and Trends

Ropes & Gray, in partnership with non-profit organization 100 Women in Hedge Funds, is hosting an event titled “Hedge Fund Manager Due Diligence: Issues, Updates and Trends.” Below is information about the event:

When vetting a hedge fund manager, where does an institutional investor start? What issues are most important to an allocation decision? What can a manager do to prepare? Our panel will explore all aspects of the due diligence process sharing their own insights and guidance. Our evening will consist of an interactive panel discussion as well as networking and cocktails.

Participants

• Betsy Roth, University of Chicago
• Elizabeth Tulach, The Boeing Company
• Alisa Vass, Grosvenor Capital Management
• Julia Cormier, Moderator, Russell Investments

Date: October 20, 2016

We will begin promptly at 5:30 PM; please arrive early. Since it is disruptive to everyone when latecomers enter the session, those arriving after an education session has begun will only be admitted at the discretion of 100WHF and the host. Please note the start time on this invite and plan to arrive early.

If you have any questions about this event, please contact the Chicago committee.

This event is NOT FOR ATTRIBUTION. All 100WHF events are private events and we require that no one reports publicly on any aspect of them.

Biographies

Betsy Roth, Senior Portfolio Manager, University of Chicago
Betsy is a senior portfolio manager currently responsible for the University's investments in credit-oriented and relative value absolute return funds, private debt, fixed income securities, and credit funds. Prior to this appointment, she served as the senior portfolio manager for the University's investment in private equity limited partnerships. She joined the University in 2007. Previously, Betsy was vice president of finance and corporate development at optionsXpress, an online trading and brokerage firm. From 1997 to 2006, Betsy was a vice president in the mergers and acquisitions group of BMO Capital Markets, and prior to that she was with Merrill Lynch in the private sales and divestiture group where she was engaged in merger and acquisition assignments for middle market companies. Betsy earned her MBA from Georgetown University and received a BA in economics from Tufts University. Betsy is a CFA Charterholder.

Elizabeth Tulach, Managing Director of Investment Strategy, The Boeing Company
Elizabeth M. Tulach is the Managing Director of Investment Strategy for The Boeing Company. In this role, she oversees the strategy and asset allocation for the defined benefit plan as well as Private Equity and Hedge Funds. Previously, she was the Managing Director of Alternatives and was responsible for the implementation of the Private Equity, Hedge Funds, Real Estate and Real Asset strategies. Prior to joining Boeing in November 2005, she was a Senior Vice President at GE Capital where she focused on both Private Equity Fund and Direct Equity investing. From 1995 to 2002 she was a member of The University of Chicago Office of Investments and for the last three years of her tenure, the Assistant Vice President and Director of Private Equity. Ms. Tulach received an M.B.A. from The University of Chicago and a B.S. degree in Accountancy from Northern Illinois University. She is a member of the board and Vice President for the Starkey Hearing Foundation. She is a C.P.A. and a Chartered Financial Analyst charter holder.

Alisa Vass, Operational Due Diligence, Grosvenor Capital Management
Ms. Vass is a member of the Operational Due Diligence Team. Ms. Vass oversees the background investigation process and also shares responsibility for project management and the operational and internal controls review and ongoing operational monitoring of investment managers. Prior to joining GCM Grosvenor, she was a Senior Auditor for Arthur Andersen, L.L.P. She graduated from Miami University with a Bachelor of Science in Accounting in 1999. She is a Certified Public Accountant.

Julia Cormier, Director of Business Development, Russell Investments
Julia Cormier is Director of Business Development for Russell Investments' U.S. institutional investor services and is head of Russell Investments' Chicago office. Julia is responsible for advancing Russell Investments' objectives in alternative strategies by providing clients with advice and solutions regarding exposure to hedge funds, private real estate and other alternative assets. Julia joined Russell Investments in 2005. Prior to Russell Investments, Julia was an executive director at Goldman Sachs in London for 10 years, most recently as a senior investment professional providing advice to institutional investors, charities, foundations, endowments and ultra high net worth individuals regarding portfolio construction, asset allocation and risk management across alternative and traditional asset classes. She joined Goldman Sachs in 1993 and implemented the private wealth management division's first discretionary investment management program worldwide. Before Goldman, Julia was a vice president at Northern Trust Company in both London and Chicago, during which she had a number of significant client relationship and business development roles. Julia was a member of the management committee of Northern Trust's London Branch. Julia is a member of 100 Women in Hedge Funds. She received her MBA from Northwestern University, Kellogg Graduate School of Management and her B.S., Finance from University of Illinois, Champaign-Urbana. She is a Licensed Registered Representative, FINRA Series 8, 7, 3, 63 and 66 (Russell Investments Financial Services, LLC, member FINRA) as well as a Chartered Alternative Investment Analyst, CAIA Association.