Events
TBLI Conference

TBLI Conference 2015 ... Workshops and Participants ... Chicago ... January 2015

Burgess COMMENTARY

Peter Burgess

Fri, 23 Jan 15

8:00 - 9:00 6th floor - Room 621 Registration Coffee

9:00 - 9:20 6th floor - Room 621 Welcome Address Robert Rubinstein CEO - TBLI GROUP - The Netherlands Linkedin Christina Hachikian Adjunct Assistant Professor of Strategy, Director Social Enterprise Initiative - Chicago Booth School of Business - USA Linkedin

9:20 - 9:50 6th floor - Room 621 Opening Keynote

9:50 - 10:50 6th floor - Room 621 Plenary Roundtable - Long Finance: The role of patient capital for impact investing

Robert Rubinstein CEO - TBLI GROUP - The Netherlands Linkedin

Debra Schwartz Director, Program-Related Investments - MacArthur Foundation - USA Linkedin

Irene Pritzker President - IDP Foundation, Inc. - USA Linkedin Tasha Seitz Chief Investment Officer - Impact Engine - USA Linkedin

10:50 - 11:20 6th floor - Room 621 Investing in Green Technology: Entrepreneur Presentations This session is developed in cooperation with our partner Cleantech Open, with leading entrepreneurs from the cleantech space presenting their projects and companies to investors.

Diego Fazi (Moderator) Chicago Metro Director - Cleantech Open, Midwest Division - USA Linkedin

Thimothy Hoffman National Board Member, NYC Metro Director - Cleantech Open, Midwest Division - USA Linkedin 'An introduction to the world's largest Cleantech business competition and accelerator program' The Cleantech Open is the world's largest Cleantech business competition and accelerator program. Its mission is to find, fund and foster entrepreneurs with big ideas that address today's most urgent energy, environmental and economic challanges. The Cleantech Open has helped alumni contestants raise more than $1.1 billion, creating an estimated 3,100 green collar jobs.

John Slagter President - The Mackinac Technology Company - USA Linkedin 'A new paradigm for fenestration' One half of building heating and cooling energy is lost through windows resulting in a $50B annual economic impact in the United States. The Mackinac Technology Company has developed a cost effective system to improve the energy efficiency of existing windows - eliminating the need for expensive replacement windows. Mackinac's new, transparent window covering system gives existing windows the same thermal insulation values as well insulated walls, at price points low enough to achieve full cost recovery within 3-5 years, while maintaining the aesthetic properties of the original windows.

Bruce Caldwell CEO - 3Bar Biologics Inc. - USA Linkedin 'Feeding the World…More Sustainably' 3Bar Biologics is an Ohio-based Ag-bioscience venture developing a pipeline of biological inoculants, bio-fertilizers, and bio-pesticides designed to help growers of all types of crops improve plant health, yield, and safety while reducing chemical inputs in both conventional and organic systems. Mike Pintar VP of Business Development - NETenergy - USA

11:20 - 11:30 6th floor - Room 621 Moderator Pitches

11:30 - 1:00 6th floor - Room 621 Networking Lunch

1:00 - 2:30 4th floor - Room 404 Workshop 1 - Trends in ESG Integration Sonal Mahida (Moderator) US Network Manager - Principles for Responsible Investment - USA Linkedin

Ari Frankel Head of ESG Strategy, Real Estate - Deutsche Asset & Wealth Management - USA Linkedin 'A UNEP-FI Framework to Scale Up Responsible Property Investment' The UNEP-FI Framework to Scale Up Responsible Property Investment, the Ceres Investment Consultants Proejct and the PRI for Property are partnering to develop a framework based on past published works to provide investors and investment consultants an objective set of questions to ask real estate fund managers and guidelines which can be set in order to drive real, impactful, value-creating ESG integration and energy efficiency strategies within commercial real estate portfolios. As a member of the UNEP-FI Property Working Group and participant in Ceres and PRI events, Ari will speak about these initiatives and its importance of further driving ESG and low carbon investment strategies into the mainstream.

Matt Moscardi Senior Analyst - MSCI ESG Research - USA Linkedin Min-Hwa Hu Kupfer Chairperson - VietNam Holding Limited - USA Linkedin John Hoeppner (tbc.) Head of Strategy - MM Social Capital - USA Linkedin

1:00 - 2:30 2nd floor - Room 206 Workshop 2 - Impact investing across asset classes. What are we learning? This interactive panel discussion is covering the 'rules of the road' while deploying capital for positive impact across various asset classes. To kick of the discussion the panelists, using tangible examples, will present key ideas and important lessons learned each from their own diverse perspective. After each presentationm audience participation will be encouraged.

Melissa Brown (Moderator) Transaction Lead - Enclude Holding - USA Linkedin

Gayle Peterson Director of the Oxford Impact investing Programme - Oxford University, Said Business School - United Kingdom Linkedin

Betsy Moszeter COO - Green Alpha Advisors - USA Linkedin

Benjamin Bingham CEO and Founder - 3Sisters Sustainable Management - USA Linkedin 'Making Money Matter…Impact Investing to Change the World' Benjamin will share his story as a veteran impact investor and social entrepreneur starting in the late 70’s, published in his new book 'Making Money Matter.. Impact Investing to Change the World'. Some of the conclusions to be discussed in the workshop are: • Impact investing should not replace philanthropy it should replace traditional single bottom line investing • Impact 2.0 is neither impact first nor finance first…it is “both/and” • Once investor’s mission is clear to the financial manager they can choose an appropriate universe and manage investments based on standard best practices. • Every asset class has the potential for potent positive impact and market rate or better returns 1:00 - 2:30 4th floor - Room 406 Workshop 3 - Low Carbon Investment Strategies

Daniel Nielsen Director Catholic Responsible Investing - Christian Brothers Investment Services - USA Linkedin

Liz Michaels Chief of Staff - Aperion Group, LLC - USA Linkedin

Cynthia Muller Senior Manager, Impact Investing - Arabella Advisors - USA Linkedin

Ken Locklin Managing Director, North America - Impax Asset Management, LLC - USA Linkedin

Leslie Samuelrich President - Green Century Capital Management - USA Linkedin

1:00 - 2:30 2nd floor - Room 204 Workshop 4 - Approaches to Impact Measurement

Christina Hachikian (Moderator) Adjunct Assistant Professor of Strategy, Director Social Enterprise Initiative - Chicago Booth School of Business - USA Linkedin

Katherine W. Schrank CEO - Sustainability Partners, Inc. - USA Linkedin 'How key ESG metrics can help the markets conduct due diligence to identify key corporate risks, opportunities and performance gaps' Learn how key ESG metrics are analyzed by the markets to identify corporate risks, opportunities, and performance gaps in key areas. The 2015 proxy season already offers focus topics on ESG metrics on climate change, leadership diversity, water accessibility, executive compensation, political donations, and developing U.S. ESG standards for industries by SASB.

Caroline Vance Vice President - Deutsche Bank - USA Linkedin 'Carving out a niche for impact investing' Impact investing is experiencing an exciting moment, with general enthusiasm among investors growing, seemingly exponentially. The 'do well while doing good' mantra has resonated with a wide range of potential investors, drawing a new generation of socially-conscious Millennials and expanding the boundaries of more traditional investors. This optimism, however, has also to a certain extent overshadowed the challenges that exist for the industry and require attention, including existential questions about how to demonstrate and talk about impact and how to classify investments according to their different missions. Deutsche Bank’s Global Social Finance group has been managing social investments since 1997 and has been grappling with these challenges. The presentation will focus on how DB is thinking about each of these key questions in the context of its most recent social investment funds.

John Steven Bianucci Director of Impact - Iroquois Valley Farms - USA Linkedin 'Impact measurement based on company vision' Iroquois Valley Farms has developed a unique impact measurement based on Company/Founder Vision. The idea is a simple one. If a Company can accurately articulate its vision, it may internally generate an accurate impact measurement scale that is sensitive to the Company Vision and so useful to managers, investors, and the public.

2:30 - 3:15 6th floor - Room 621 Networking Coffee 3:15 - 4:45 4th floor - Room 406 Workshop 5 - ESG & fixed income markets

Daniel Allen (Moderator) President & CEO - Aliier, LLC. - USA Linkedin

Abigail Ingalls Assistant Vice President, Consultant Relations - Breckinridge Capital Advisors - USA Linkedin 'ESG Integration as a Risk Mitigation Tool within Fixed Income'

Laura-Min Proctor Vice President - JP Morgan Morgan Private Bank - USA Linkedin

Henry Shilling Senior Vice President - Moody's Investors Services - USA Linkedin

Kim Nguyen-Taylor Senior Credit Analyst - Calvert Asset Management - USA Linkedin 3:15 - 4:45 2nd floor - Room 206 Workshop 6 - Facilitating Social Entrepreneurship

Thania Panopoulos (Moderator) Chief Investment Officer - Co-Founder Social Venture Partners (SVP) Chicago - USA Linkedin

Tasha Seitz Chief Investment Officer - Impact Engine - USA Linkedin Alice Mann Founding Principal - Alice Mann, LLC - USA Linkedin “Building Top Social Impact Businesses” 1. Knowing the landscape of social impact enterprises 2. Selecting top business leaders and business models 3. Ensuring essential governance practices Ian Gardner Chief Executive Officer - CAGIX (California Global Innovation Exchange) - USA Linkedin

3:15 - 4:45 4th floor - Room 404 Workshop 7 - Managing climate change risks for investments

Howard A. Learner (Moderator) Executive Director - Environmental Law & Policy Center- USA Linkedin

Chris Fowle Vice President, Investor Initiatives - CDP - USA Linkedin

Timothy Nixon Managing Editor Sustainability - Thomson Reuters - USA Linkedin 'Global 500 Greenhouse Gases, performance 2010-2013: New report on trends.' Greenhouse gas emissions by the world's top 500 companies rose 3.1 percent from 2010 to 2013, far off the cuts urged by the United Nations to limit global warming, our new study shows. The top 500 firms by capitalization accounted for 13.8 percent of world greenhouse gas emissions and 28 percent of gross domestic product in 2013, according to the report. Almost all of us use products from these companies. This is about transparency and honesty, not naming and shaming. The report gives companies and their stakeholders an opportunity to engage and reduce emissions. We will also briefly discuss upcoming reports and what might be added to the discussion. View the report and related articles.

Ty Jagerson CEO - Village Power Finance - USA Linkedin 'Rebuilding the Global Energy Infrastructure: The Startling Economics of Renewables'

3:15 - 4:45 2nd floor - Room 204 Workshop 8 - Challenges for impact investors in emerging markets

Jonathan Jackson (Moderator) Senior Avisor, VPP - Inter-American Development Bank - USA Linkedin

Paul Christensen Associate Dean, Global Programs and Clinical Associate Professor for Finance - Kellogg School of Management - USA Linkedin 'Investor Challenges in Emerging Markets; Lessons from the Microfinance Industry' Venture capital and private equity investments are inherently more risky that other types of asset classes. But combine these illiquid, privately placed securities with social business models operating in emerging markets, and the risks for fund managers and their investors are magnified. Despite the challenges, microfinance investment funds have poured billions of dollars into companies offering financial services to poor people living in emerging and frontier markets. The experience of these microfinance funds offers some helpful lessons on the tools and techniques available to mitigate the risks other impact investors face in developing markets – from insuring political risk and managing foreign exchange rate exposure to minimizing founder / key man risk and engineering exits in underdeveloped capital markets.

Kavilash Chawla Managing Director - Nur Global Strategies - USA Linkedin 'Impact Investing and Islamic Finance: Opportunities for Convergence' Similar to Impact Investing, Sharia based investments are values driven and focused on delivering financial return alongside social impact. The development of both industries offers opportunity for convergence and broadening the scope of Impact Investing into the Islamic space, while offering Sharia driven investors opportunities to tap additional dual bottom line products. The presentation will examine points for convergence as well as highlight some of the challenges.

Patrick T. Fisher Founder & Managing Partner - Creation Investments Capital Management, LLC - USA Linkedin

5:00 - 5:15 6th floor - Room 621 Closing Remarks for TBLI CONFERENCE

from 5:30 Conference Meet-up & Dinner (optional - meeting place close to Gleacher Center)