312-251-1301 info@cfachicago.org

Event Detail

SOLD OUT - The Wine Trust - Wine as an Investment; Wine Tasting (Ended)

Date, Time, and Location:
Wednesday, May 30, 2012 (add this event to your Outlook Calendar)
5:00 pm
Pazzo's, 311 S Wacker Dr, Chicago, IL  60606   (Driving Directions)

Investing in the some of the best, most collectible wines has quietly proven to be a sound long-term investment for decades.

Date, Time, and Location:
Wed., May 30, 2012
5:00 - 7:00 pm
Pazzo's at Three-Eleven, 311 S. Wacker Dr., Chicago, IL 60606

Program Description:
Profit over Passion: The Case for Investment Grade Wine ("IGW")
As an asset, investment grade wine ("IGW") has achieved double-digit compounded annualized returns over many decades, combined with significantly lower price volatility than most traditional investment classes, thus resulting in highly attractive risk-adjusted returns. Proponents have also cited diversification benefits, given IGW's low correlation with most other asset classes. As investors continue to face global economic uncertainty and underwhelming performance from most other conventional investment classes, renowned economists and portfolio managers have begun advocating the inclusion of alternative real (i.e., "physical") asset allocations - including investment-grade wine in particular - into any modern, well-balanced investment portfolio.

Timothy Clew and Brian Mota, Co-Managing Partners of TWT Investment Partners, L.P., will present their investment case for IGW, as well as their Fund's own investment approach, together with this asset's potential investment risks and pitfalls. Clew and Mota will also dissect IGW's unique fundamentals and risk-adjusted return profile, as well as IGW's diverse global market dynamics, drivers of price, how individuals can gain exposure to this asset class, liquidation options, how to select which wines to invest in and how exposure to IGW can enhance overall portfolio returns.

Fee:*
Members - $50
Student-Members - $50
Non-Members - $65
(payable by cash, check, credit card or function ticket)

Attire:
Business Casual

Menu:
Light appetizers and cash bar

For Reservations:
Register online below, or by phone: 312-251-1301

Agenda:
5:00 - 5:30pm - Networking (cash bar)
5:30 - 7:00pm - Program & Wine Tasting (cash bar will be open during program)

Hosted by:
CFA Women and Social Advisory Groups.

Tim Clew Timothy Clew. Prior to co-founding TWT Investment Partners L.P., from 1999-2009 Clew worked in the investment banking division of Credit Suisse Securities (USA) LLC ("CS") in New York City, starting out as an Associate and eventually attaining the title of Director prior to his departure. After working in the CS Technology Investment Banking Group from 1999-2001, Tim spent the next eight years focused on providing financial advisory services (including mergers and acquisitions, capital raising and capital structure and strategic advisory) to leading consumer products and food and beverage manufacturers throughout North America. While Clew worked across all the major consumer products segments, he was the primary CS officer responsible for companies in the agribusiness, household / personal care products, small electrics / other consumer durables, and alcoholic beverages / spirits segments. Clew also acted as the primary consumer products liaison to the middle-market ($500 million - $2.5 billion fund size) private equity sponsor community. During his CS tenure, Clew successfully completed over 20 merger / acquisition and 30 lead-managed capital raising transactions, with an aggregated value of over $25 billion across these deals.

Starting in 2005, Clew was instrumental in conceiving, building and helping to lead CS's practice advising wineries, which became one of the most active financial advisors to the wine industry in the United States. During this time, Clew worked on and was responsible for numerous successful winery merger / acquisition transactions, including a few transactions which were recognized as benchmarks for the industry. Additionally, Clew was able to develop relationships with many noted figures from across the U.S. wine industry.

From 1993-1996, Clew was a consultant with the Strategic Services practice of Andersen Consulting (now Accenture) and later with Reed Consulting Group ("RCG"), a boutique consultancy focused on providing strategic advice and litigation support testimony and services to the regulated energy industries (RCG is now part of Navigant Consulting). In 1996, while in graduate school, Clew was also a co-founder of Dwight Consulting Group, a Yale University-affiliated organization which centralized the community-development-focused consulting activities of all of Yale's graduate and professional school students.

Clew received a B.A. (with Honors) in both Political Science and Architectural History from Wesleyan University in 1993, and an M.B.A. (with a Finance concentration) and an M.A. in Political Economy from Yale University in 1999.

Brian Mota Brian Mota. Prior to co-founding TWT Investment Partners L.P., from 2001-2008, Mota was a Vice president and eventually a Principal at WallerSutton Capital, LLC ("WallerSutton"), a New York City- and Greenwich, CT-based private equity firm focused on making direct investments in entrepreneurial and lower-middle market companies across traditional and emerging media, communications, information and marketing services industries. At WallerSutton, Mota's comprehensive responsibilities included identifying and sourcing investment opportunities, developing due diligence strategies, performing extensive financial modeling and investment analysis and structuring, negotiating and executing investments. Mota was actively involved in managing five (out of ten) portfolio company investments, including board participation and/or financial planning and strategic oversight. All but one of these investments were exited profitably or had begun returning capital by the time Mota left to concentrate on TWT Investment Partners L.P. full time.

Prior to joining WallerSutton, from 1995-2001, Mota worked at J.P. Morgan Chase in the Global Investment Banking division. After several years as an Analyst, he was offered a direct promotion to Associate and afforded the opportunity to spend two years in the San Francisco office providing strategic and financial advisory services to a diverse group of West Coast investment banking clients. While in San Francisco, Mota also developed a passion for wine and began building a private collection and a network of privileged industry relationships through frequent trips to Napa Valley.

When Mota relocated from San Francisco back to the East Coast to pursue private equity, he developed continued interest in wine as an alternative asset class. Capitalizing on his growing network of industry relationships, he embarked on research- and returns-driven wine investment endeavors, primarily involving difficult to obtain wine from California, Burgundy and Bordeaux. Mota's successful private wine investment activities eventually formed the basis for some of the strategies employed by TWT Investment Partners, L.P. Mota graduated Cum Laude with a B.A. in Economics and Finance from Lafayette College in 1995.

*Special Notes Regarding Fees:
Student rate only available to students approved as a Student-Member of CFA Chicago for 2011-2012. Regular and Affiliate Members may apply function tickets as payment for Non-member. Credit card is required to guarantee ALL reservations. No day-of-event pre-registrations accepted (on-site only, if applicable and space available). There is a $5 surcharge for walk-ins. Visa, MasterCard, American Express, Discover and Diners Club are accepted. Cancellations accepted until 5:00 pm, May 22.

Passport Program
A Passport Event This is a "Passport Program." Members of any local CFA society may attend at the CFA Chicago member rate. If you are only a member of CFA Institute, you do not qualify for the society member rate.

CFA Institute CE Qualified Activity
This program qualifies for credit under the guidelines for the CFA Institute Continuing Education Program. Please click here if you would like more information.

CFA Institute Qualified Activity: Eligible for 1.5 credit hour

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