Alternative Investing at Public Pension Funds

Alternative Investing at Public Pension Funds 

Wednesday, April 10, 2024 | 12:45 – 1:45 PM (Lunch will be provided)

Room 640, Geffen Hall, Columbia Business School (map)

Note: This event is off the record, and we are unable to accommodate media representatives.

Register
 

Featuring:

Keiko Honda

Adjunct Professor, School of International and Public Affairs (SIPA), Columbia University

Macky Tall

Partner and Chair of Global Infrastructure, The Carlyle Group

Opening Remarks:

Takatoshi Ito

Director, Program on Public Pension and Sovereign Funds (PPPSF), CJEB; Professor, SIPA

 

What you'll learn:

• Reasons behind the increasing interest in alternative investments at pension funds
• Challenges associated with investing in alternative assets at pension funds
• Key factors for success in alternative asset investments for pension funds

About the speakers:

Keiko Honda is Adjunct Professor and Adjunct Senior Research Scholar of Columbia University’s School of International and Public Affairs, where she teaches ESG (Environment, Social and Governance) investing to graduate students.

Honda was appointed as a board member of Mitsubishi UFJ Financial Group in June 2020 and AGC (ex Asahi Glass) in March 2020. She also serves as Adjunct Professor of Hitotsubashi University and a member of the United Nation’s Investment Management Committee.

Until the end of October 2019, Honda was the Chief Executive Officer of the Multilateral Investment Guarantee Agency (MIGA), the political risk insurance and credit enhancement arm of the World Bank Group. MIGA supports cross-border equity investors and lenders by providing coverage against currency inconvertibility and transfer restriction, expropriation, war and civil disturbance, breach of contract, and non-honoring of financial obligations.

Before joining MIGA, Honda was the first woman Senior Partner in Asia at McKinsey & Company, where she advised financial institutions on corporate finance and strategy and business development for 24 years.

She received the Joseph Wharton Social Award from the Wharton New York Club in 2020.

Honda holds a bachelor’s degree in consumer economics from Ochanomizu University and an MBA from the University of Pennsylvania’s Wharton School, where she was selected as a Fulbright Scholar.

Macky Tall is a Partner and Chair of Carlyle’s Global Infrastructure Group, which includes efforts across transportation, renewables, energy, power, water and digital infrastructure. He is based in Washington, DC. He is also a member of Carlyle's Leadership Committee.

Prior to joining Carlyle, Mr. Tall served in a series of leadership positions at Caisse de dépôt et placement du Québec (CDPQ), one of the world’s largest infrastructure investors and the second largest pension fund in Canada. He also served on CDPQ’s Executive Committee and Investment-Risk Committee, served as founding Chair and CEO of CDPQ Infra, CDPQ’s subsidiary specializing in major infrastructure projects, and as Chairman of the Board of Directors of Ivanhoé Cambridge, CDPQ’s real estate subsidiary. Before joining CDPQ, he held several senior management positions with companies in the energy and finance sectors, namely Hydro-Québec, MEG International, Novergaz and Probyn & Company.

Mr. Tall also sits on the Board of Directors of WSP Global Inc., The National Bank of Canada, and the United Nations Joint Staff Pension Fund Investments Committee. He is a member of Telfer School of Management Strategic Leadership Cabinet. In addition, he has served as co-chair of the Advisory Committee of the Global Infrastructure Facility of the World Bank.

He holds a Bachelor’s degree in Business Administration (Finance) from HEC Montréal and an MBA (Finance) and an Honorary Doctorate from the University of Ottawa. He also completed an undergraduate degree in Economics at Université de Montréal, and he has been inducted as Distinguished Alumni by HEC Montreal.

Admission and Contact:

You must register to attend this event in person.

If you have questions about the event, please contact us at cjeb@gsb.columbia.edu.

Special Notes:

● This in-person-only event is off the record, and we are unable to accommodate media representatives. The event will not be live-streamed.

● Please be advised that this event will be photographed, so your image may appear on our website or in CJEB materials later. If this is an issue, please let us know.

● Audience videotaping is prohibited.

● Please bring a government-issued ID or Columbia University ID to access Geffen Hall.

For more information about other CJEB events, visit our website or contact cjeb@gsb.columbia.edu.