Now Demand Soon.
As the economy emerges from the pandemic, investors are wondering what’s next with respect to inflation and interest rates. In our view, the portfolio playbook must evolve to address the new reality. Hear from Nuveen’s portfolio strategist and alternative investment leaders as they discuss how markets have changed and ideas for how to reposition portfolios for this next chapter.
Join us for an interactive discussion on portfolio construction approaches for 2021 and beyond.
Where are we now in the recovery – as inflation looms?
How has the past year changed the real estate investment environment?
How are private credit managers thinking about the opportunity and risk they face?
Speakers:
Lauren FerryHead of portfolio strategistsNuveen
Lauren is Head of Portfolio Strategists for Nuveen, responsible for leading her team of specialists to engage clients in portfolio construction insights and to deliver best-in-class asset allocation strategies and thought leadership on behalf of the broader Multi-Asset team.
Prior to joining Nuveen in July 2019, Lauren was a client portfolio manager, multi-asset investments for Schroders. While at Schroders, she developed and executed their multi-asset business strategy for the U.S. institutional and intermediary channels. Prior to Schroders, she worked in product development roles covering a diverse range of strategies at PineBridge Investments (formerly AIG Investments) and AllianceBernstein. Lauren began her career at Cambridge Associates.
Lauren graduated with a B.B.A. from the College of William & Mary and an M.B.A. from the New York University Stern School of Business.
Randy SchwimmerCo-head of senior lendingChurchill Asset Management
Randy is co-head of senior lending and oversees senior lending origination and capital markets for Churchill Asset Management, an investment specialist of Nuveen.
Randy has broad experience in middle market finance and is widely credited with developing loan syndications for middle market companies. Prior to joining the firm, Randy served as a senior managing director and head of capital markets and indirect origination at Churchill Financial. In those positions, he took responsibility for all loan capital markets activities and for managing the firm’s indirect origination platform. Before that, he worked as managing director and head of leveraged finance syndication for BNP Paribas. He spent 15 years at JP Morgan Chase in corporate banking and loan syndications, where he originated, structured and syndicated leveraged loans.
Randy graduated with a B.A., cum laude, from Trinity College and an M.A. from the University of Chicago.
Shawn LeseChief Investment Officer and Head of Funds Management, AmericasNuveen Real Estate
With over 20 years experience, Shawn serves as the Chief Investment Officer and Head of Funds Management for Nuveen Real Estate’s ~$90 billion Americas platform. He leads a team of seasoned portfolio managers in driving investment performance and partnering with our clients on their current and prospective real estate investments. In addition, as Chief Investment Officer, Americas Shawn oversees the end-to end investment process. He is a member of the Global Executive Leadership Team and Americas Investment Committee.
Prior to joining the business in 2015, Shawn served as a managing director on the capital markets team of Grosvenor Fund Management. Shawn has also worked as an officer in Morgan Stanley’s real estate investment banking group. Additional experience includes positions at Lazard, JPMorgan and Sullivan & Cromwell.
Shawn graduated with a B.A. from Columbia College of Columbia University, an M.B.A. from Columbia Business School and a J.D. from Columbia University School of Law.
For Financial Professional Use Only. Not for public distribution.
The information presented herein is confidential and proprietary. This material is approved for one-on-one presentations by authorized individuals only and, accordingly, this material is not to be reproduced in whole or in part or used for any purpose except as authorized. This material is to be treated strictly as confidential and not disclosed directly or indirectly to any party other than the recipient. This material is not approved for public use or distribution.
This material is not intended to be a recommendation or investment advice, does not constitute a solicitation to buy, sell or hold a security or an investment strategy, and is not provided in a fiduciary capacity. The information provided does not take into account the specific objectives or circumstances of any particular investor, or suggest any specific course of action. Financial professionals should independently evaluate the risks associated with products or services and exercise independent judgment with respect to their clients.
TIAA and Nuveen products may be subject to market and other risk factors. See the applicable product literature, or visit tiaa.org for details.
Investments in middle market loans and junior capital are subject to certain risks. Please consider all risks carefully prior to investing in any particular strategy. These investments are subject to credit risk and potentially limited liquidity, as well as interest rate risk, currency risk, prepayment and extension risk, inflation risk, and risk of capital loss.
Real estate investments are subject to various risks, including fluctuations in property values, higher expenses or lower income than expected, and potential environmental problems and liability. Please consider all risks carefully prior to investing in any particular strategy. A portfolio’s concentration in the real estate sector makes it subject to greater risk and volatility than other portfolios that are more diversified and its value may be substantially affected by economic events in the real estate industry. International investing involves risks, including risks related to foreign currency, limited liquidity particularly where the underlying asset comprises real estate, less government regulation in some jurisdictions, and the possibility of substantial volatility due to adverse political, economic or other developments. Any assumptions made or opinions expressed herein are as of the dates specified or if none at the document date and may change as subsequent conditions vary. In particular, this document has been prepared by reference to current tax and legal considerations that may alter in the future. This document may contain “forward-looking” information or estimates that are not purely historical in nature. Such information may include, among other things, illustrative projections and forecasts. There is no guarantee that any projections or forecasts made will come to pass.
All information is as of 31 Mar 2021 unless otherwise disclosed.
Nuveen Real Estate is a real estate investment management holding company owned by Teachers Insurance and Annuity Association of America (TIAA) . Nuveen Real Estate securities products distributed in North America are advised by UK regulated subsidiaries or Nuveen Alternatives Advisors, LLC, a registered investment advisor and wholly owned subsidiary of TIAA, and distributed by Nuveen Securities, LLC, Member of FINRA and SIPC. Nuveen, LLC (“Nuveen”) provides investment advice and portfolio management services through TIAA and over a dozen affiliated registered investment advisers. Nuveen Real Estate is an investment affiliate of Nuveen.
Churchill Asset Management is a registered investment advisor and an affiliate of Nuveen, LLC.
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