20th Annual Sohn Investment Conference

Glean fresh, valuable insight from the savviest investors at the world’s premier investment forum. The 20th annual Sohn Investment Conference provides the opportunity to access the wisdom and experience of an unparalleled roster of speakers.

Avery Fisher Hall, Lincoln Center, New York City | May 4th, 2015

Thank You

The 20th Annual Sohn Investment Conference had record-breaking attendance, huge growth for Next Wave, and remarkable presentations from speakers. Most importantly, the event raised over $4 million dollars to ensure that the greatest needs in the fight against pediatric cancer are met by identifying innovative research, equipping and encouraging the best scientists to actively research pediatric cancer, and providing children currently living with cancer with the care and quality of life programs that they deserve. Hope to see you again on May 4, 2016.

ABOUT THE CONFERENCE

Since 1996, the world-renowned Sohn Investment Conference has been the premier investment forum, bringing together the world’s savviest investors to share fresh insights and strategies in support of pediatric cancer research and treatment.

Wall Street’s best and brightest investors participate in this unique, “must attend” event to share their expertise with an audience of more than 3,000 people, comprised of portfolio managers, asset allocators and private investors. Most speakers manage large proprietary investment portfolios that have outperformed the market for many years and do not share their insights in any public forum, but they volunteer their time to the Conference for the benefit of the Foundation. All contributions support the Foundation’s mission to support pediatric research and care.

In Partnership With

Bloomberg Link

2015 Sohn Presentations

David Einhorn, President – Greenlight Capital, Inc.

William Ackman, CEO – Pershing Square Capital Management

Magnus Carlsen Blindfolded Chess Match

2015 Speakers

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William Ackman

William Ackman

William Ackman is the CEO and Portfolio Manager of Pershing Square Capital Management, L.P., a SEC registered investment adviser founded in 2003. Pershing Square is a concentrated research-intensive fundamental value investor in long and occasionally short investments in the public markets. Prior to forming Pershing Square, Mr. Ackman co-founded Gotham Partners Management Co., LLC, an investment adviser that managed public and private equity hedge fund portfolios. Prior to Gotham Partners, Mr. Ackman began his career in real estate investment banking at Ackman Brothers & Singer, Inc. Mr. Ackman received a MBA from the Harvard Business School and a Bachelor of Arts magna cum laude from Harvard College. Mr. Ackman’s board memberships include Chairman of The Howard Hughes Corporation (NYSE: HHC), Canadian Pacific Railway Limited (NYSE: CP), the Board of Dean’s Advisors of the Harvard Business School, and a number of not-for-profit boards including the Pershing Square Foundation, a charitable foundation that he founded in December 2006.

Ian Bremmer

Ian Bremmer

Ian Bremmer is the president and founder of Eurasia Group, the leading global political risk research and consulting firm. He is a prolific thought leader and author, regularly expressing his views on political issues in public speeches, television appearances, and top publications, including Time magazine, where he is the foreign affairs columnist and editor-at-large. Dubbed the “rising guru” in the field of political risk by The Economist, he teaches classes on the discipline as Global Research Professor at New York University and is a Foreign Affairs Columnist and Editor at Large for Time magazine. His latest book, Superpower: Three Choices for America’s Role in the World, will hit shelves in May 2015.

In 1998, Bremmer established Eurasia Group with just $25,000. Today, the company has offices in New York, Washington and London, as well as a network of experts and resources in 90 countries. Eurasia Group provides analysis and expertise on how political developments and national security dynamics move markets and shape investments across the globe. As the firm’s president and most active public voice, Bremmer advises leading executives, money managers, diplomats and heads of state.

Bremmer is credited with bringing the craft of political risk to financial markets—he created Wall Street’s first global political risk index (GPRI)—and for establishing political risk as an academic discipline. His definition of emerging markets—“those countries where politics matter at least as much as economics for market outcomes”—has become an industry standard. ‘G-Zero,’ his term for a global power vacuum in which no country is willing and able to set the international agenda, is widely accepted by policymakers and thought leaders. Said Larry Summers, “Global political economy has no sharper or more prescient analyst than Ian Bremmer.”

Bremmer actively discusses the intersection between politics and markets in speeches and the media. He has published nine books including the national bestsellers Every Nation for Itself: Winners and Losers in a G-Zero World and The End of the Free Market: Who Wins the War Between States and Corporations? He is a regular columnist for the Financial Times A-List, and has written hundreds of articles for many leading publications. He appears regularly on CNBC, Fox, Bloomberg, CNN, the BBC, and other networks.

Bremmer earned a PhD in political science from Stanford University in 1994 and was the youngest-ever national fellow at the Hoover Institution. In 2007, Bremmer was named a Young Global Leader of the World Economic Forum, where he is the founding chairman of the Global Agenda Council on Geopolitical Risk. He is a Senior Fellow at the World Policy Institute and serves on the President’s Council of the Near East Foundation, the Leadership Council for Concordia and the Board of Trustees of Intelligence Squared. Bremmer grew up in Boston and currently lives in New York and Washington.

Magnus Carlsen

Magnus Carlsen

Magnus Carlsen, born in 1990, is a Norwegian chess grandmaster, No. 1 ranked player in the world and reigning World Chess Champion in classical, rapid and blitz. A chess prodigy, Carlsen became a Grandmaster in 2004, at the age of 13, making him at that time the second youngest grandmaster in history. In 2010, at the age of 19 he became the youngest chess player in history to be ranked world No. 1 and since July of 2011, he has been the highest-rated chess player in the world. In 2014 he achieved the highest rating in the history of chess. In 2013 he was named one of Time Magazine’s 100 Most Influential people.

Leon Cooperman

Leon Cooperman

Leon G. Cooperman is the Founder, Chairman and CEO of Omega Advisors, Inc. At the end of 1991, following 25 years of service, Lee retired from his positions as a General Partner of Goldman, Sachs & Co. and as Chairman and Chief Executive Officer of Goldman Sachs Asset Management to organize and launch an investment-management business, Omega Advisors, Inc. At Goldman Sachs, Lee spent 15 years as a Partner and one year (1990-1991) as of-counsel to the Management Committee. In 1989, he became Chairman and Chief Executive Officer of Goldman Sachs Asset Management and Chief Investment Officer of the firm’s equity product line, managing the GS Capital Growth Fund, an open-end mutual fund, for one-and-a-half years. Prior to those appointments, Lee had spent 22 years in the Investment Research Department as Partner-in-charge, Co-Chairman of the Investment Policy Committee and Chairman of the Stock Selection Committee. For nine consecutive years, he was voted the number-one portfolio strategist in Institutional Investor Magazine’s annual “All-America Research Team” survey.

As a designated Chartered Financial Analyst, Lee is a senior member and past President of the New York Society of Security Analysts. He is Chairman Emeritus of the Saint Barnabas Development Foundation, a member of the Board of Overseers of the Columbia University Graduate School of Business, a member of the Board of Directors of the Damon Runyon Cancer Research Foundation, a member of the Investment Committee of the New Jersey Performing Arts Center, and Board Chairman of Green Spaces, a committee organized to rebuild 13 parks in Newark, NJ. Lee received his MBA from Columbia Business School and his undergraduate degree from Hunter College. He is a recipient of Roger Williams University’s Honorary Doctor of Finance; a recipient of Hunter College’s Honorary Doctor of Humane Letters; an inductee into Hunter College’s Hall of Fame; and a recipient of the 2003 American Jewish Committee (AJC) Wall Street Human Relations Award, the 2006 Seton Hall Humanitarian of the Year Award, the 2009 Boys & Girls Clubs of Newark Award for Caring, and the 2009 UJA-Federation of New York’s Wall Street and Financial Services Division Lifetime Achievement Award. In 2013, Lee was inducted into Alpha Magazine’s Hedge Fund Hall of Fame and was honored by the AJC at their 50th anniversary with the Herbert H. Lehman Award for his professional achievements, philanthropic efforts, and longstanding support for AJC. In 2014, Columbia Business School awarded Lee its Distinguished Leadership in Business Award, and Bloomberg Markets named him to its fourth annual “50 Most Influential” list (one of only ten money managers globally to be so honored, selected “based on what they’re doing now, rather than past achievements”). He is scheduled to be inducted into the Horatio Alger Society in April 2015. Lee and his wife, Toby, have two sons and three grandchildren.

David Einhorn

David Einhorn

David Einhorn is president of Greenlight Capital, Inc., which he co-founded in January 1996. Greenlight Capital is a value-oriented investment advisor whose goal is to achieve high absolute rates of return while minimizing the risk of capital loss. Greenlight’s investment philosophy is to combine the analytical discipline of determining fair value with a practical understanding of markets. The firm believes that an investment approach that emphasizes intrinsic value will achieve consistent absolute investment returns and safeguard capital regardless of market conditions. Prior to founding Greenlight Capital, Inc., David worked at Donaldson, Lufkin & Jenrette (DLJ) as an analyst in the Investment Banking Group. After DLJ, Mr. Einhorn joined Siegler, Collery & Co., a buyout and investment management firm, as an investment analyst. David is Chairman of the Board of Greenlight Capital Re, Ltd. (NASDAQ:GLRE) and Chairman of the Board of Green Brick Partners, Inc. (NASDAQ:GRBK). He is the author of Fooling Some of the People All of the Time: A Long Short Story, published in May 2008. David graduated summa cum laude with distinction he earned a B.A. from the College of Arts and Sciences.

Mala Gaonkar

Mala Gaonkar

Mala Gaonkar is co-portfolio manager at investment firm Lone Pine Capital LLC. After graduating from Harvard in 1991, she worked for The Boston Consulting Group, primarily in Munich and Hong Kong, and completed her MBA at Harvard Business School before Lone Pine’s inception. She is a trustee of the Clinton Health Access Initiative (CHAI), Ariadne Labs, The Harvard School of Public Health, and is a founding trustee of The Queen Elizabeth Prize for Technology. She also serves as a trustee of The Paris Review Foundation and of the Tate.

Jeffrey Gundlach

Jeffrey Gundlach

Jeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine. He is recognized as an expert in bond and fixed income investments. His investment strategies have been featured in leading publications including The New York Times, The Financial Times, The Wall Street Journal, USA Today, Barron’s, Forbes, and Fortune. In 2010, Mr. Gundlach was named to the SmartMoney Power 30. In 2011, he was featured as “The King of Bonds” in Barron’s, and named one of “5 Mutual Fund All-Stars” by Fortune Magazine. In 2012, he was named one of the “50 Most Influential” by Bloomberg Markets magazine. In 2013, he was named “Money Manager of the Year” by Institutional Investor. He is a graduate of Dartmouth College summa cum laude holding a BA in Mathematics and Philosophy. He attended Yale University as a PhD candidate in Mathematics.

Keith Meister

Keith Meister

Keith Meister is Managing Partner and Chief Investment Officer of Corvex Management LP, which currently manages approximately $7 billion in assets. Prior to founding Corvex, he served from June 2002 to August 2010 in a range of leadership roles within the organization headed by Carl C. Icahn. Mr. Meister currently serves on the board of directors for The Williams Companies and has previously served on numerous other boards including: The ADT Corporation, Ralcorp Holdings and Motorola, Inc./Motorola Mobility, Inc. among others. Mr. Meister is a graduate of Harvard College.

Larry Robbins

Larry Robbins

Larry Robbins is the Founder, Portfolio Manager and CEO of Glenview Capital Management, an $11B hedge fund in its 15th year of operation. Glenview is focused on delivering attractive absolute returns through an intense focus on deep fundamental research and individual security selection. Headquartered in New York City, Glenview has 82 employees, including 42 investment professionals. Prior to founding Glenview, Larry spent six years as an analyst and partner at hedge fund Omega Advisors following three years at Gleacher & Company, a merger and advisory boutique in New York. Larry graduated with honors from the Wharton School and Moore School of the University of Pennsylvania in 1992, where he received his Bachelors of Science in Economics and Engineering, with majors in accounting, finance, marketing, and systems engineering. Larry became a Certified Public Accountant in 1991 in his then home state of Illinois.Through their Robbins Family Foundation, Larry and his wife, Sarahmay, are active supporters of education reform both in New York City and on a national level. Larry serves as Chairman of the Board for both KIPP New York and Relay Graduate School of Education, is Vice Chairman of The Robin Hood Foundation, and is a member of the board of both Zearn and Teach For America (New York). In addition, Larry is the Senior Chair of the Wall Street Division of the UJA‐Federation. Larry is also the proud coach of several New Jersey Avalanche youth hockey teams. Larry resides in Alpine, NJ with his wife and four sons.

Barry Rosenstein

Barry Rosenstein

Barry Rosenstein is the Managing Partner and Co-Portfolio Manager of JANA Partners LLC, an event-driven investment manager that he founded in 2001 which is located in New York and has approximately $11 billion in assets under management. JANA focuses on companies with a compelling valuation and various catalysts to realize value. JANA also has a proven track record in activist investing and has been a successful activist in numerous companies including PetSmart, Walgreens Boots Alliance, Apache, URS, Safeway, Ashland, Marathon Petroleum, McGraw Hill, CNET, and Kerr-McGee.

Mr. Rosenstein graduated from Lehigh University in 1981 (Phi Beta Kappa) and earned a Masters of Business Administration from the University of Pennsylvania’s Wharton School of Business in 1984. Mr. Rosenstein serves on the board of directors of Walgreens Boots Alliance and is a trustee of Brown University, the US Olympic Foundation, the Rock and Roll Hall of Fame, and the 92nd Street Y in New York City.

David Tepper

David Tepper

David Tepper is the Founder and President of Appaloosa Management, LP, the $18 billion hedge fund he founded in 1993. His charitable interests have focused mainly on basic needs and educational issues. Specific charities that he and his charitable entities have supported include the University of Pittsburgh, Rutgers University, Phoenix House, United Jewish Appeal, Community Food Bank of New Jersey, Greater Pittsburgh Community Food Bank and many other food pantries, soup kitchens and shelters in New Jersey and the Pittsburgh region. He is also the Founder of Better Education Institute, a nonprofit organization devoted to reforming public school education in New Jersey. In addition to serving on the Board of the Robin Hood Foundation, he is a member of the Board of Trustees of Carnegie Mellon University and the Board of Advisors of Tepper Business School. He also serves on various boards and committees of other charitable organizations.

Jay Walker

Jay Walker

Jay Walker is curator and chairman of TEDMED, the health and medicine edition of the world-famous TED organization, whose online talks have been watched more than one billion times. Dedicated to “unlocking imagination in service of health and medicine,” TEDMED is a global, multi-disciplinary community of leading doers and thinkers from all walks of life and every sector of society. Jay is also Executive Chairman and Lead Inventor of Patent Properties, Inc., a public company that is developing a voluntary, private-enterprise solution to diffuse more innovation through the U.S. economy in a way that is simple and affordable for all. A serial entrepreneur, Jay is the founder of three companies that each serve more than 50 million customers. He is best known as the creator of Priceline, which created a new level of value for the travel and hospitality industries. Priceline has grown into a business with a $60 billion market cap, second only to Apple computer on the S&P as the company with the highest 10-year compounded growth rate. Jay is the world’s 11th most patented living inventor. He is a named inventor on more than 700 U.S. patents. His inventions provide unique business systems and solutions across a dozen different industries.A noted expert on imagination, Jay created and curates one of the world’s great private libraries: The Library of The History of Human Imagination. Filled with books, manuscripts, historical artifacts and treasures of all kinds, especially in the field of medicine, the facility was described by Wired magazine as “the most amazing library in the world.”In addition to serving as an active member of The President’s Circle of the National Academies, Jay is also a member of The Atlantic Council and the non-profit TED.

If you are interested in becoming a corporate sponsor, or for more information about sponsorship, please contact Sponsors@sohnconference.org

2015 Sohn Supporters

Special Thanks To The Following Supporters:

CHAMPION
Holly Andersen and Douglas Hirsch
Jill Braufman and Dan Nir
East Rock Capital
Glenview Capital Management
Gotham Asset Management, LLC
Greenlight Capital
Pershing Square Capital Management L.P.
Elena and Scott Shleifer
BENEFACTOR
Anonymous
Cantor Fitzgerald
Columbus Hill Capital Management, L.P.
Jeffrey Gundlach
JANA Partners LLC
PointState Capital L.P.
Third Point, LLC
VISIONARY
Coatue Management
D. E. Shaw & Co
Eminence Capital, L.P.
Ionic Capital Management
The Jeffrey A. Altman Foundation, Inc.
Kovler Family Foundation
Owl Creek Asset Management
Pictet Overseas Inc.
Seneca Capital
PATRON
Appaloosa Management, L.P.
The Baupost Group
Kuldeep Malkani
Scoggin Capital Management
Soros Fund Management
INNOVATOR
100 Women in Hedge Funds
683 Capital
Arctic Securities
Claar Advisors LLC
Clearline Capital L.P.
Corsair Capital Management
Corvex Management, L.P.
Eton Park Capital
Goldman Sachs
Governors Lane L.P.
Maria Jelescu and Daniel Dreyfus
Jumbo Capital Advisors
Lakewood Capital Management L.P.
Lone Pine Capital
Richman Real Estate Investment
Scopia Capital Management L.P.
Suvretta Capital Management
Tyrian Investments
V.G. Norway
William O’Neil + Co., Inc
PARTNER
Aintree Capital
Aligned Investors
Anandar Capital Management L.P.
Anonymous
Armistice Capital
Ascend Capital
Barclays
Blue Mountain Capital
Conatus Capital Management L.P.
Alexander Denner
Eurasia Group
Fitpart
FrontFour Capital Group LLC
Global Infrastructure Partners
Goldman Sachs
Long Pond Capital
Mark Asset Management
Mason Capital Management
Morgan, Lewis & Bockius LLP
Nucleo Capital
PARTNER Cont’d
Parness Law Firm, PLLC
Redwood Capital
Stifel Nicolaus
SAB Capital Management
Salomon & Company, PC
Sarissa Capital Management
Seneca Capital
Spectrum Group Management
Stifel Financial
Swieca Children Foundation
Taconic Capital Advisors L.P.
Telesis
TRB Advisors
Tyrian Investments
UBS
Vinci Partners USA
CORPORATE SPONSORS
RBC Capital Markets
State Street Global Advisors
Titan Advisors
UBER
 
 
 
SOHN MEDIA PARTNERS
AIMA (Alternate Investment Management Association)
Capital Forum
Equities.com
Hedge Fund Alert
Insider Monkey
Market Folly

A Sampling of Our Speakers

Information

Location

Avery Fisher Hall, Lincoln Center
132 W. 65th Street (on the corner of Columbus Avenue)
New York, NY 10023
lincolncenter.org/