TUESDAY, DECEMBER 10
5:30–7:30 pm (IPI Members Only) 
PRE-FORUM BARBEQUE WELCOME RECEPTION
Join for an unforgettable evening as our Forum Chair T. Dupree Scovell opens his home and hosts a classic Texas barbecue for the IPI community. Along with authentic Southern food, guests will enjoy cocktails such as "Ranch Water" and a signature Texas experience. This relaxed gathering promises a unique opportunity to connect, unwind, and enjoy great food and company before the Forum kicks off.

Click here for more information. 

IPI END OF YEAR FORUM DECEMBER 11-12
JW MARRIOTT DALLAS ARTS DISTRICT 800 NORTH HARWOOD STREET, DALLAS, TX 75201

The Institute for Private Investors heads to Dallas to wrap up 2024 at the IPI End of Year Forum.

Dallas is the leading banking, financial, and trade centre for the Southwest. Join us for two days to discuss investment opportunities and how to plan for the coming year. The IPI End of Year Forum offers access to influential leaders in both private and public markets, real estate, the energy transition, asset allocation, and helping family offices and investors explore innovative and timely strategies for portfolio diversification and long-term wealth creation.

Gain valuable insights on tax mitigation strategies post-election, including an update on capital gains considerations and best practices for estate planning and gifting. In addition to aligning family values and stakeholder directives for your portfolio, this Forum also encompasses investment strategies for a changing interest rate environment, including fixed income and private credit. Leave prepared and energized for a new year ahead.

Forum Chair:

T. Dupree Scovell, Managing Partner and Chief Investment Officer, Woodbine; IPI Member

We are excited to welcome back Dupree to Chair our End of Year Forum again this year.

When Dupree’s father John Scovell and Ray Hunt met in 1971, a friendship was born. Soon after, Ray asked John to run his real estate company. It was a natural pairing and the beginning of an exciting business partnership. Since then, the Hunt family has invested in every Woodbine Development Corporation project for 44 years and counting.

T. Dupree Scovell is the managing partner and chief investment officer at Woodbine, a full-service real estate company that specializes in hospitality. He and his brother, King, work together as managing partners to lead the team, cast vision and provide strategic direction for the company. Dupree also oversees Woodbine’s acquisition platform and capital markets efforts, as well as Woodbine Legacy Investments, a private equity fund dedicated to the acquisition and development of upscale select-service and full-service branded and boutique hotels throughout the United States.

A few of the featured topics and speakers include:

The Legacy of a Texas Family Office
This session offers a rare glimpse into the history and evolution of a Texas family whose legacy dates back generations. Hear how the family adapted through Texas’s economic booms and shifts, balancing tradition with innovation to build a diversified family office portfolio. This conversation will highlight their approach to preserving wealth, managing assets, and instilling family values, emphasizing the importance of adaptability and generational responsibility for sustaining a legacy across generations.
Speaker TBA, Interviewed by Dupree Scovell, Managing Partner and Chief Investment Officer, Woodbine, IPI Member

The Macroeconomic Overview and the Markets
This in-depth analysis of the economy focuses on key economic indicators, trends, and challenges that promise to influence investment and wealth management strategies for the year ahead as well as long-term planning. Gain insight into inflation, interest rates, employment data, and GDP growth, and the impact U.S. fiscal policy will have across asset classes. The session covers equity and alternative investment trends, highlighting opportunities and risks in the current economic landscape to support strategic decision-making for family offices.

Member Spotlight with Richard Rogers, Managing Partner, R.H. Venable Properties, Ltd., IPI Member
The late R.H. Venable started the family business when he began buying East Texas mineral rights in the 1930s. Today, the family owns royalty interests in over 4,000 producing oil and gas wells in Alabama, Arkansas, California, Colorado, Louisiana, Mississippi, Montana, New Mexico, North Dakota, Oklahoma, Texas and Wyoming. The family also has interests in real estate, traditional investments and various alternative investments. He shares the story of his family legacy and how subsequent generations are continuing the family portfolio's growth and diversification.
Interviewed by Brien Biondi, CEO, IPI and Campden Wealth Americas

Navigating Geopolitical Risk in Uncertain Times
J. Kyle Bass draws on his extensive experience in macroeconomic investing to offer his take on today's complex geopolitical landscape and its profound implications for family offices and long-term investors. Bass, who predicted the subprime mortgage crises in 2008, examines U.S.-China relations, shifting economic power centers, and the U.S. response in the form of the Critical Technology Initiative—a joint effort between the Small Business Administration and Department of Defense to increase investment in technology deemed critical to national and economic security. Delve into how political tensions and regulatory trends are reshaping industries and influencing global markets with long-term repercussions. Mr. Bass is a Life Member of the Council on Foreign Relations and the recipient of the 2019 Foreign Policy Association Medal for his responsible internationalism. Mr. Bass has lectured on global economics, national security, geopolitics, and the architecture of the Chinese financial system at various universities. Mr. Bass is the former Chair of the Risk Committee of the Board of Directors of the University of Texas Investment Management Company (UTIMCO), which manages approximately $75 billion.
J. Kyle Bass, Founder and Chief Investment Officer, Hayman Capital Management
Co-Founder and Chief Executive Officer, Conservation Equity Management
Co-Chief Executive Officer, Rochefort Management
Life Member, Council on Foreign Relations

Asset Allocation at Scale
Jase Auby provides an inside look at the asset allocation of the Teacher Retirement System of Texas and its investment plans for the future. Heading a team of 183 investment professionals, Auby has oversight over one of the largest investment funds in the world ($193 billion), the 20th largest public pension fund in the world. Today, TRS invests in more than 15,000 businesses in 54 different countries around the world.
Jase Auby, Chief Investment Officer, Teacher Retirement System of Texas 

Tax Considerations for Family Offices Under the New Regime
Potential changes in tax policies, including modifications to corporate tax and capital gains rates, as well as estate and gift exemptions, can have meaningful impact on after tax investment and business performance as well as estate tax planning. Family offices and ultra-high net worth investors should consider the potential effects of these changes on transactions involving business and family ownership, including both acquisitions and divestitures and other liquidity transactions. Connect with families and fellow investors to ensure you are well-positioned to protect and grow family wealth in an ever-evolving financial landscape.
Abby Feinman, Partner, Private Wealth, Katten Muchin Rosenman LLP and Saul Rudo, Partner and Chair, Transactional Tax Department, Katten Muchin Rosenman LLP 

Fixed Income Strategies for the Short-Term Future
Veteran fixed income analyst Kathy Jones shares strategies for a dynamic interest rate environment in 2025. She offers case studies in bonds, commodities and other markets that meet goals of balancing risk, return and liquidity for both short-term and long-term family office portfolio horizons. Kathy makes regular broadcast appearances on Bloomberg TV, Yahoo Finance, and CNBC, and is often quoted by The Wall Street Journal, The New York Times, Financial Times and Reuters.
Kathy Jones, Chief Fixed Income Strategist, Schwab Center for Financial Research, Charles Schwab & Co., Inc.

The Growing Opportunity for Families Investing in Secondaries
Secondaries are expected to have a record $140 billion in transactions by the end 2024, according to Institutional Investor, with no signs of abatement in 2025. David and Garrett, partners from LGP who co-manage the firm’s new $1.5 billion secondary fund, join HUB International’s Chris Veber to offer their perspective on the future of the asset class and what challenges and opportunities they see in the sector for UHNW families.
David Fox, Partner, Co-Head, Sage Fund, Leonard Green & Partners
Garrett Hall, Partner, Co-Head, Sage Fund, Leonard Green & Partners
Interviewed by Chris Veber, President and Head of Financial Sponsors and Strategic Investors Group, HUB International

Disruptive Energy Futures
Amory Lovins, Co-founder, Chairman Emeritus, and former Chief Scientist, RMI (Rocky Mountain Institute)
Physicist Amory Lovins discusses the astonishing progress in energy efficiency, clean supply, and grid integration. He has designed many superefficient buildings, vehicles, and industrial plants and has advised major firms and governments in close to 70 countries on advanced energy efficiency and strategy.
Time named him one of the world’s 100 most influential people; Foreign Policy, one of the 100 top global thinkers, and Stanford's Scopus analysis ranked him in the top two percent of the world’s scientists.

Location:

JW MARRIOTT DALLAS ARTS DISTRICT 
800 NORTH HARWOOD STREET 
DALLAS, TX 75201

Group rate: $439 USD per night++

Book Your Group/Corporate Rate | Marriott International

Cut off date: Monday, November 18, 2024

CPE
Continuing education credits are available for CPE (Continuing Professional Education) in Specialized Knowledge & Applications.