Bilge Yilmaz, Wharton Private Equity Professor and Professor of Finance, The Wharton School, University of Pennsylvania
Bilge Yılmaz is the Wharton Private Equity Professor and Professor of Finance at the Wharton School. Prior to his current appointment, he was a faculty member at the Graduate School of Business, Stanford University. He also held visiting positions at the University of Chicago and INSEAD. He received his first degrees in Electrical Engineering and Physics from Boğaziçi University, and his PhD in Economics from Princeton University.
Bilge’s research focuses on corporate finance, financial institutions and asset pricing. Recently, he has written on corporate governance, credit rating agencies, hedge funds, private equity, security design, short-selling constraints, corporate bankruptcy, and banks’ internal risk models. His earlier articles appeared in leading academic journals including the top three in the field; Econometrica, American Economic Review and Journal of Political Economy.
Bilge has designed a number of courses in corporate finance and alternative investments. He currently teaches mergers and acquisitions, private equity, corporate bankruptcy and a course on European financial markets.
Bilge also leads The Wharton School’s Alternative Investments Program. Outside Wharton, he is actively involved in asset management.
Jonathan Coslet, Senior Partner and the Chief Investment Officer of TPG Capital, L.P.
Jonathan Coslet is a Senior Partner and the Chief Investment Officer of TPG Capital, L.P. He is Chairman of the firm’s Investment Committee, Chairman of the Private Equity Management Committee, and Member of the Holdings Management Committee. Prior to joining TPG, Mr. Coslet worked at Donaldson, Lufkin & Jenrette from 1991 to 1993 and at Drexel Burnham Lambert from 1987 to 1989 where he specialized in leveraged acquisitions. Mr. Coslet received his MBA from Harvard Graduate School of Business Administration in 1991, where he was a Baker Scholar and a Loeb Fellow.
Mr. Coslet received his B.S.E. in Economics (Finance) from the University of Pennsylvania Wharton School, where he was Valedictorian, summa cum laude, a Gordon Fellow and a Steur Fellow. Mr. Coslet currently serves on the Boards of Directors of Biomet, Petco Animal Supplies, and Quintiles Transnational. He has previously served the Boards of Directors of Burger King, J.Crew, Fidelity National Information Services, Endurance Specialty, Oxford Health Plans, Iasis Healthcare, Neiman Marcus, and several others. Mr. Coslet also serves on the Board of Directors of Lucille Packard Children’s Hospital at Stanford, the Advisory Board for the Stanford Institute for Economic Policy Research, and the Advisory Council of the Hamilton Project. He also has previously served on the Harvard Business School Board of Dean’s Advisors and the Federal Reserve Bank of San Francisco Economic Advisory Council.
Nadine Terman, CEO, Founder, and Managing Member, Solstein Capital
In 2010, Ms. Terman co-founded Solstein Capital, LLC with J.C. Torres. At Solstein, she overseas both investment and operations functions and leads the firm as a Managing Member. Previously, Ms. Terman was a Partner with Blum Capital Partners and served on its Investment Committee. For over eight years, she invested in both public and private companies and worked extensively with portfolio companies' management teams and boards on business, financial, and governance initiatives. Prior to Blum Capital, Ms. Terman was a private equity Associate with Behrman Capital. She also worked as an Analyst with both Merrill Lynch and Goldman Sachs. Ms. Terman has a B.A. with Honors and with Distinction from Stanford University and was recognized with the Firestone Medal for Excellence in Research and as Phi Beta Kappa. In addition, she earned an M.B.A from the Stanford Graduate School of Business, where she was an Arjay Miller Scholar.
Dipanjan (DJ) Deb, Co-Partner and CEO, Francisco Partners
Dipanjan "DJ" Deb is a co-founder and CEO of Francisco Partners.
Prior to founding Francisco Partners in 1999, DJ was a Principal with Texas Pacific Group. Earlier in his career, he was Director of Semiconductor Banking at Robertson, Stephens & Company and a management consultant at McKinsey & Company.
DJ currently serves on the board of Ichor Systems and Plex Software. He formerly served on the board of directors of AMI Semiconductor (AMIS), Barracuda Networks (CUDA), CBA Group, Cross Match Technologies, Corsair, Legerity, MagnaChip, Metrologic, NPTest/Credence (CMOS), Numonyx, SMART Modular Technologies (SMOD), Ultra Clean Technology (UCTT), Conexant (CNXT), Globespan (GSPN), and ON Semiconductor (ONNN). DJ received his M.B.A. from Stanford Graduate School of Business and a B.S. in Electrical Engineering and Computer Science from the University of California, Berkeley where he was a Regents Scholar.
DJ is on the board of the U.C. Berkeley Engineering School and is a member of the Stanford GSB Advisory Council and YPO.
Jim Momtazee, Head of the Health Care industry team, KKR
Jim Momtazee joined KKR in 1996 and is Head of the Health Care industry team and on the Investment Committee within KKR’s Americas Private Equity platform. He currently serves on the board of directors of Air Medical Group Holdings, Arbor Pharmaceuticals, Lake Region Medical and PRA Health Sciences. He was also involved in the investments in HCA and Jazz Pharmaceuticals. Prior to joining KKR, Mr. Momtazee was with Donaldson, Lufkin & Jenrette where he worked on a broad range of corporate finance, mergers and acquisitions, and merchant banking transactions. He holds an A.B. with distinction, Phi Beta Kappa, from Stanford University and an M.B.A., Arjay Miller Scholar, from Stanford University Graduate School of Business.
Alex Gleser, Portfolio Manager, TPG Public Equity Partners
Mr. Gleser is the Portfolio Manager of TPG Public Equity Partners. Prior to TPEP, Mr. Gleser was a Partner with Conatus Capital, an equity long/short hedge fund from 2011 to 2013 and a Principal with Sageview Capital. Prior to his four years with Sageview, Mr. Gleser worked as an Associate in TPG’s private equity group and began his career as an analyst in Goldman Sachs’ Investment Banking Division. Mr. Gleser received an M.B.A. from the Harvard Business School and graduated Summa Cum Laude from The Wharton School at the University of Pennsylvania.
Karl Schade, CEO and Managing Director, The Presidio Group
Karl joined Presidio in 2007 to launch the firm’s first private equity fund, which focuses on mid-market tech-enabled services, financial services, and medical products and services. While at Presidio, Karl has served in operating roles as CEO in the financial services and tech-enabled services industries. Prior to Presidio, Karl was a private equity investor with Blum Capital Partners, Silver Lake Partners and The Blackstone Group. While at these firms, Karl spent the majority of his time investing in the three target industries represented by Presidio Investors Fund I and Fund II. Karl serves on the boards of several firms including Hattrick Sports Group, Metropolitan BancGroup and The Presidio Group. Karl is an alumnus of Claremont McKenna College and Harvard Business School.
Nicole Belytschko, Managing Director and Director of Private Equity, C.M. Capital Advisors
Ms. Belytschko leads C.M. Capital Advisors’ investment activities in venture capital and leverage buyout funds. Prior to joining C.M. Capital, she was an investment manager with Comprehensive Financial Management, a large West Coast multi-family office. Previously, Ms. Belytschko worked with Scient in developing the firm’s corporate venture arm and leading direct investments in technology companies and was a member of Donaldson, Lufkin and Jenrette’s Private Fund Group, where she marketed and distributed alternative investment products. Ms. Belytschko holds an MBA from the Anderson School at UCLA, and a BA, Phi Beta Kappa, from the University of California, Santa Barbara.
Dan Rosen, Partner, Commerce Ventures
Dan Rosen founded Commerce Ventures in 2013 and has been investing in tech startups for 14 years. He is a frequent speaker at conferences, contributor in industry press and startup mentor in various accelerator programs.
Prior to starting Commerce Ventures, Dan was a Principal at Highland Capital Partners, where he focused on mobile and payments-related startups. He has also worked as an Associate at HarbourVest Partners, in Corporate Development at RSA Security (Acq'd by EMC); and as a software consultant for American Management Systems (Acq'd by CGI Group).
Dan studied Finance and Information Systems at the University of Pennsylvania and earned an MBA from Harvard.
Jef Rogers, Partner/Principal, EY Private Equity Value Creation
- Leader of EY’s Private Equity Value Creation Practice for the Western Region
- 25 years of broad-based experience in private equity operations and management consulting, leading cross-functional initiatives from strategy development through the realization of operational enhancements
- Deep experience in scoping and leading strategic, operational and due diligence projects to drive investment decisions and increase portfolio value in partnership with management teams
- Prior to joining EY, managed new investment due diligence, strategy development, 100 day planning, integration, portfolio company operational value creation, and exit planning efforts for Gryphon Investors
- Previously held operating roles in brand management for P&G and Bristol-Myers Squibb
Transaction Specific Experience (Selected)
- Managed cross-border post-merger integration and led global go-to-market initiative for a CRO focused on emerging biotech companies, yielding significant incremental EBITDA via synergies, enhanced sales pipeline and win rates, improved pricing realization, enhanced training and incentives and reduced revenue leakage
- Designed and led multi-initiative GTM strategy development and execution for a professional services firm with team of 24 managers, yielding +50% incremental EBITDA over two years through improvements in sales force effectiveness, key account management, revenue leakage reduction, corporate development and training
- Drove profitability gains at a building products company through segmentation strategy to incorporate cost-to-serve measures into account profitability, resulting in reprioritization of customer types. Developed their corporate development capabilities, including target strategy, distribution strength and synergy assessments
- Led due diligence and post-close operational improvement work for an automated material handling solutions provider, with initiatives focused around strategy, product portfolio, adjacencies, acquisition target screening, synergy capture, aftermarket sales and international expansion
- J.D. and MBA with High Distinction, The University of Michigan
- B.A., Williams College
Darsh Singh, Portfolio Manager, Satori Capital
Darsh Singh serves on the investment committee at Satori Capital, a multi-strategy alternative investment firm founded on the principles of conscious capitalism. Satori’s private equity business partners with talented leadership teams of companies operating with a long-term perspective, a deep commitment to their mission, and a focus on creating value for all stakeholders. Satori’s alternatives business, Satori Alpha, creates customized portfolios of alternative investments for foundations, family offices, and sophisticated private investors. Darsh is responsible for sourcing and evaluating investment opportunities for the Alpha business. In addition, he constructs customized portfolios for investor partners.
Prior to joining Satori, Darsh managed public investments for a family office in San Antonio, Texas. Before his foray into finance, Darsh worked in US Intelligence for the National Security Agency.
Darsh received an MSE in Financial Mathematics from Johns Hopkins University and a BS in Engineering Science from Trinity University, where he also served as the captain of the basketball team and became the first-ever turbaned Sikh to play in NCAA basketball. Today, his jersey is on display in the Smithsonian. He currently serves as a National Security Fellow for the Truman National Security Project. Darsh lives in Dallas, Texas with his wife Lakhpreet, who runs an online magazine dedicated to empowering women of the Sikh faith.
Richard Grant, Founder & Managing Director, Touchdown Ventures
Rich is a founder and managing director at Touchdown Ventures, a firm that partners with leading corporations to help manage their corporate venture capital investing activities. In his current role, Rich works closely with Apollo Education Ventures and Westfield Labs in managing their respective venture capital efforts.
Rich founded Touchdown Ventures after seven years in venture capital and strategic development at Comcast. As a principal at Comcast Ventures, Rich focused on a variety of sectors ranging from enterprise software to consumer internet and led the group's investment efforts in education. Prior to Comcast Ventures, Rich was senior director of strategy and development for Comcast Interactive Media. Earlier in his career, Rich worked in corporate development for Sony Pictures and in investment banking for Lehman Brothers. Rich graduated with highest honors from UC Santa Barbara and received an MBA from The Wharton School, where he graduated as a Palmer Scholar.
Heather Loomis, Managing Director, Fixed Income, J.P. Morgan
Heather Loomis is a Managing Director at J.P. Morgan Private Bank responsible for the Fixed Income business in the Western and Southern portions of the country. A member of the Fixed Income Team since 2003, Heather is responsible for advising on and implementing portfolios, overseeing over $15 billion in Fixed Income assets for both individuals and institutions.
She appears regularly on media outlets including CNBC and Bloomberg and is often quoted in the financial press. Heather is one of the Founding Members of W.I.S.E., Women’s Insight Series, which strives to engage female clients of the bank in dialogue around the Global Markets, Estate Planning and Philanthropy.
Prior to joining J.P. Morgan, Heather was a proprietary Equity trader at First New York Securities in New York. Heather graduated Phi Beta Kappa from Duke University with a degree in both Economics and Spanish. Heather is a native of the east coast and she currently lives with her husband in San Francisco.
Edward Schulte, Tax Partner, KPMG
Edward is a partner with KPMG’s Bay Area hedge fund team. He has more than 15 years of experience in public accounting and focuses on the alternative investment industry. He specializes in the taxation of hedge funds. Edward was previously a Principal with Rothstein Kass. He began his career at KPMG in Minneapolis and was a tax manager in the alternatives investment practice.
Edward brings extensive experience in the taxation of financial instruments. These areas include advising companies on issues relating to wash sales, short sales, options, constructive sales, notional principal contracts, mark-to-market, straddles, foreign currency denominated instruments, market discount bonds, distressed debt, passive foreign investment companies and reportable transactions. He has developed automated tax approaches for funds related to the taxation of financial instruments.
- Provides training workshops for clients on various tax-related topics, including our annual Year-End Tax Forum, which typically takes place in November/December.
- Other interests include painting and computer programming.
Janie Yu, Vice President, Fung Capital USA
Janie leads deal sourcing and due diligence at Fung Capital, the investment arm of the Fung family in Hong Kong which separately controls the Fung Group that sources, distributes, and retails consumer products globally. The Fung Group of companies include Li & Fung, Global Brands Group, and Fung Retailing, with over US$22 billion in total revenues and 45,000 employees in over 40 countries.
At Fung Capital, Janie focuses on investing in early-to-growth stage B2B technology companies that enable omni-channel retailing and improve supply chain efficiency.
Prior to joining Fung Capital, Janie was with Burt’s Bees, leading go-to-market strategies for global expansion. Before starting her business career, she was a journalist for BBC and PRI’s “The World”, reporting in China.
Janie obtained her M.A. degree from Harvard University, where she received the prestigious Fung Fellowship, sponsored by the Victor and William Fung Foundation. Janie grew up in China and received her B.A. in journalism from Communications University of China, graduating with first-class honor.
Jason Phillips, Associate Partner, McKinsey & Company
Jason Phillips is an Associate Partner at McKinsey & Company and a leader in the Firm's Private Equity Practice, wherein he co-heads the Portfolio Company Improvement service line and convenes the practice's annual PE Operating Partner Roundtable. His functional focus is on structuring and driving strategic and operational transformations -- incorporating lean manufacturing, procurement and design-to-value -- across a range of industries including aerospace and defense, consumer products, home goods, building materials and industrial components.
Prior to joining McKinsey, Jason was a business unit president with Kohler Co. for eight years, where he turned around and repositioned The McGuire Company, a vertically-integrated designer home furnishings company with production operations in two countries and distribution on five continents, driving accelerated, profitable growth. He spent the first decade of his career in Investment Banking, initially in New York with Smith Barney, and subsequently in San Francisco with Montgomery Securities and Wit Capital, providing financing and advisory services to leading growth consumer, retail and consumer technology companies, including many companies in the portfolios of private equity and venture capital firms.
Jason earned a BA, cum laude, in Religion and Art History, from Williams College, and an MBA from Harvard Business School. He lives in San Francisco with his wife and two children.
Jim Atwell, Managing National Partner, Technology, Media and Telecommunications industry practice, Deloitte
Jim is the Tech, Media & Telecom (TMT) industry audit partner with Deloitte & Touche LLP and National Managing Partner in the Emerging Growth Company (EGC) practice. With over 30 years of experience serving private and public tech companies, Jim has led over 50 IPOs, is a frequent speaker, and co-author of the book "The Silicon Valley Edge." He serves on the Executive Board of Fellows at Santa Clara University and Stanford University’s Regions of Innovation and Entrepreneurship Advisory Board.
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