8:00 – 8:50 – Breakfast Workshop: Institutional investment for tax-exempt and foreign investors
Are income-generating products like MLPs worthwhile investment vehicles for tax-exempt and foreign investors? In this workshop, we will cover UBIT and ECI considerations and more.

Laura Parello, Managing Director
PwC

8:55 – 9:00 – Welcome & Introduction

Don Friedman, Founder & CEO
Joint Venture Events Group

9:00 – 9:10 – Chairperson’s Opening Comments

Mark Wildermuth, Co-Founder & Managing Director
MLPData

OVERVIEW
9:10 – 10:00 – Macro trends driving the future of MLPs
• Will the IRS guideline change impact asset development for MLPs?
• How could export and tax regulation impact MLPs
• How do MLPs grow in a low commodity price environment

Ben Hunt, Chief Risk Officer
Salient/Forward

Kristina Kazarian, Director – MLPs & Midstream
Deutsche Bank

MLP DUE DILIGENCE PROCESS
10:05 – 10:55 – Looking under the hood: Understanding the anatomy of an MLP
• How are MLPs formed and structured
• Tax considerations to be aware
• Comparing different structures: MLPs vs. OpCos vs. Yieldcos vs. Energy REITs
• Upstream, Midstream & Downstream business models and risks
• What are the benefits and constraints to Incentive Distribution Rights

Ryan Carney, Partner, Tax
Vinson & Elkins

Scott Dillow, National MLP Tax Partner
PwC

10:55 – 11:25 – Morning Networking Break

11:30 – 12:30 – Direct MLP ownership: The LP perspective
We’ve walked you through the trends that are driving MLPs as well as the how they are formed and structured. Now you will get to meet the actual companies that are within a Master Limited Partnership structure as they explain how their businesses are run which will help you better understand if direct investing is an appropriate option.

Session Leader:
Mary Lyman, Executive Director
Master Limited Partnership Association (MLPA) (formerly known as the NAPTP)

Upstream Perspective:
Richard Robert, EVP & CFO
Vanguard Natural Resources, LLC

Midstream & Downstream Perspective:
Daphne Foster, CFO
Global Partners LP

12:35 – 1:35 – Luncheon For Delegates & Speakers

1:40 – 2:30 – Choosing the best investment vehicle for accessing MLPs
• Fund structures: CEF, ETF, ETN and Open End
• Active vs. Passive management
• Deferred tax liabilities
• Liquidity
• Ramifications of choosing one investment vehicle vs. another type

Robert Prado, Managing Director
PwC

Brian Sulley, Vice President
Tortoise Capital Investors

FUND MANAGER SHOWCASE
2:35 – 3:25 – Investing in MLPs: The ETF Perspective
As ETF assets, as a whole, continue on their record-setting pace, we’ve seen more MLP-related ETFs being introduced into the market as well. This session will focus on the differences between the various MLP ETFs as well as discuss the strategies which they are using.

Jay Hatfield, Co-Founder & President
Infrastructure Capital Advisors

Jeremy Held, Sr. Vice President, Dir. Research
ALPS Portfolio Solutions

3:25 – 3:55 – Afternoon Networking Break

4:00 – 4:50 – Investing in MLPs: The Open & Closed-End Perspective
As the “active vs. passive” debate continues on you will hear from active managers as to why they feel they’ve built the better mousetrap. You will have the opportunity to perform your due diligence, while they educate you on their specific strategies, as to which managers to make allocations to.

David Heflin, Vice President
Goldman Sachs & Co

Greg Reid, President – Salient MLP Complex
Salient/Forward

PUTTING MLPs TO WORK
4:55 – 5:55 – Asset Allocation with MLPs
Hear from practitioners on how they are using MLPs and what sort of allocation they are earmarking for MLPs in a multi-asset class portfolio in order to increase diversification and provide a steady income stream. Also learn what valuation metrics and approaches they are using in selecting MLPs.

Session Leader:
Mark Wildermuth, Co-Founder & Managing Director
MLPData

Practitioners:
Richard S. Daskin, CFA, CFP(R)
MLP strategy advisor, Cumberland Advisors
CIO, RSD Advisors

John Graves
Registered Principal, The Renaissance Group, LLC
Author – Fracking & The 7% Solution
2012 Best Personal Finance Book, IFA Gold medal

6:00 – 7:00 – Cocktail Reception

JV Events Group reserves the right to alter the agenda without notice, including substitution or cancellation of speakers and/or topics.