Filippo Bondurri

Founder & CEO SGMC Capital

SGMC CAPITAL SAM is a Monaco-based wealth manager that provides discretionary management and advisory across all asset classes, both private and public. The firm takes a holistic portfolio view and constantly compares private market illiquidity premium versus returns from more liquid investments. Analysis of constraints (if any), time horizon and expected risk-adjusted returns is a pre-condition for the acceptance and subscription of any illiquid private investment. The firm covers the key financial hubs of Singapore and Monaco, connecting Asian and European investing philosophies.

Day 1 | 25th November

3:40 PM Oxford-Style Debate: Liquidity is more important than performance in the evolution of private markets: For and Against

Hear both sides of the coin in an engaging debate designed to provoke discussion and inspiration. Two thought leaders will explore the relative importance of liquidity and performance in terms of how the private markets will develop, and how investors can find the sweet spot that best serves clients’ needs. Delegates will challenge the experts live on stage, and audience voting will reveal which argument was the most compelling.

For:

Wealth planning and life events require a high level of access to capital
Perceived risk is reduced with exit options, increasing comfort and trust
The democratisation of private markets hinges on offering more frequent liquidity

You-Ha Hyun, Head of Private Debt, Perpetual Investors

Against:

Private markets’ illiquidity premium is the core value that enables higher returns
Short-term liquidity undermines long-term compounding and the ability to back value creation
Regular redemptions can force suboptimal asset sales

Filippo Bondurri, Founder & CEO, SGMC Capital SAM

Check out the incredible speaker line-up to see who will be joining Filippo.

Download The Latest Agenda