Look Beyond The Public Markets: Positioning Portfolios For Now And The Future – Conversus, a StepStone Company – 11.7.22

Summary:

Now On Demand

Publicly traded companies make up roughly 13% of the U.S. economy*. Almost all those companies have likely been affected by economic and policy uncertainty, which has cascaded down negatively through investor portfolios. The challenging backdrop of 2022 will likely only be intensified entering 2023, leaving many advisors wondering how to best position client portfolios.

The other 87% of companies that make up the U.S. economy – those in the private markets – may offer numerous benefits such as higher return potential and lower volatility compared to the public markets. However, the ability to invest in them was historically only available to large institutional investors.

Join Conversus, the StepStone private wealth team, as they walk through how they have changed that narrative by democratizing access to the private markets, offering two unique funds packaged into convenient and accessible investment vehicles.

In this 1 hour, CE approved webcast, we’ll cover:

• The powerful combination of StepStone and Conversus, and why information advantages are crucial when allocating to the private markets
• An overview of the opportunities that exist in the private markets
• Two unique and accessible funds that provide diversified exposure to the private markets

Speakers:

Mr. Weltler is the managing director of distribution of Conversus, a StepStone Company. Conversus focuses on delivering private market solutions to high-net-worth investors.

Prior to Conversus, Mr. Weltler served as the Vice President of Distribution for Steben & Company, a leading provider of managed futures and hedge funds, where he oversaw the firm’s capital raising efforts. Before that he was Vice President at Fox Asset Management where he was responsible for generating new sales of traditional investments through Institutional Consultants and the Public and Taft-Hartley markets. Previously, Mr. Weltler was employed by Performance Analytics, an Institutional Consulting firm in Chicago.

Mr. Weltler received a B.B.A. from St. Norbert College and is a Chartered Alternative Investment Analyst charterholder. He holds FINRA 3, 7, 24 and 63 licenses.

Mr. Borton is a member of the private equity team, focusing on venture capital and growth equity investments.

Prior to joining StepStone in 2012, Mr. Borton was an investment banking associate at Focus Strategies, where he advised middle market clients on mergers and acquisitions, recapitalizations, private placements, and corporate strategy. Before that he was a member of the equity research associate program at Brandes Investment Partners, a leading investment advisory firm managing US$30 billion of global equity portfolios for institutional and high net worth clients.

Mr. Borton graduated with a BBA in finance from The University of Texas at Austin and is a CFA charterholder.

Michael Elio is a member of the private equity team, leading the middle- and large-market buyouts and secondary funds sector teams. He is also lead Portfolio Manager for many of the firm’s largest advisory clients, SMA clients, and high-net-worth distribution platforms.

Prior to joining StepStone in 2014, Mr. Elio was a managing director at ILPA, where he led programs around research, standards, and industry strategic priorities. Before that he was a partner and managing director at LP Capital Advisors, where he led the firm’s Boston office and served as the lead consultant to North American and European institutional investors. Mr. Elio was the primary consultant for many of the firm’s largest clients including public and private pension plans committing more than US$5 billion annually. He held several progressive positions in private equity, including vice president at State Street Corporation and vice president at Credit Suisse First Boston Private Equity, where he oversaw the funds management group.