2019 VCPE Conference Keynote Speeches
Sandra Horbach, Managing Director & Co-Head of US Buyout, The Carlyle Group
Sandra Horbach is a Managing Director & Co-Head of US Buyout at The Carlyle Group where she oversees Carlyle’s three largest private equity funds with approximately $40 billion in capital under management. The Carlyle Group is a global alternative asset management firm with over $210 billion of assets under management.
Ms. Horbach joined Carlyle in 2005 to launch the Consumer & Retail Group and has since led all of Carlyle's US consumer investments, including Acosta Sales & Marketing, Beats Electronics, CVC Brasil, Dunkin' Brands, Philosophy, The Nature’s Bounty Co. and Vogue. She became Co-Head of US Buyout in 2016.
Prior to joining Carlyle, Ms. Horbach was a General Partner with Forstmann Little & Co. Prior to Forstmann Little, Ms. Horbach spent 2 years in the M&A department of Morgan Stanley & Co. Ms. Horbach earned her M.B.A. from Stanford University and her B.A. from Wellesley College.
Ms. Horbach currently serves as a director on the Boards of Acosta and Novolex. She serves as a Trustee at Rockefeller University and was formerly Chair of Stanford’s Graduate School of Business Advisory Council.
Tricia Patrick, Managing Director, Advent International
Tricia Patrick joined Advent International in 2016 as a Managing Director focusing on buyouts and growth equity investments in the retail, consumer and leisure sector.
Prior to Advent, Ms. Patrick spent 15 years investing across both Bain Capital Private Equity and the Private Equity Group of Goldman Sachs. She has closed transactions across the retail, healthcare, business services, real estate and media sectors in the US as well as internationally. Her current directorships include Lululemon Athletica (NASDAQ: LULU) and First Watch Restaurants.
Ms. Patrick earned an AB in Biochemical Sciences cum laude from Harvard College and an MBA, with high distinction, as a Baker Scholar from Harvard Business School.
Rick Schifter, Senior Advisor and former Partner, TPG
Rick Schifter is a senior advisor at TPG. He was a partner at TPG from 1994 through 2013. Prior to joining TPG, Mr. Schifter was a partner at the law firm of Arnold & Porter in Washington, D.C., where he specialized in bankruptcy law and corporate restructuring. He joined Arnold & Porter in 1979 and was a partner from 1986 through 1994.
Mr. Schifter currently serves on the board of directors of LPL Financial Holdings, Inc., Caesars Entertainment Corporation, ProSight Specialty Insurance Holdings, Inc., the American Jewish International Relations Institute, and on the board of overseers of the University of Pennsylvania Law School.
Mr. Schifter also is the co-chair of the National Advisory Board of Youth, I.N.C. (Improving Non-Profits for Children). Mr. Schifter received a B.A. with distinction from George Washington University and a J.D. cum laude from the University of Pennsylvania Law School in 1978.
John Dionne, Senior Advisor, The Blackstone Group and Senior Lecturer of Business Administration, Harvard Business School
John Dionne is a Senior Advisor to Blackstone and a Senior Lecturer of Business Administration at the Harvard Business School. He is also a director of Caesars Entertainment, Cengage Learning and Momentive Performance.
Until he retired from his position as a Senior Managing Director of Blackstone in 2013, Mr. Dionne was most recently its Global Head of the Private Equity Business Development and Investor Relations Groups, and also served as a member of its Private Equity Investment and Valuation Committees. During his tenure in this position, Mr. Dionne led global fundraising efforts of over $25 billion for three new private equity investment vehicles in the period immediately following the financial crisis.
Mr. Dionne received his MBA with academic honors from Harvard Business School and a B.S. from the University of Scranton, where he is a past Chair of its Board of Trustees.
Ann Miura-Ko, Founding Partner, Floodgate
Ann Miura-Ko is a founding partner at Floodgate, a seed-stage VC firm in Palo Alto, CA. Called “the most powerful woman in startups” by Forbes, Ann was one of the first investors in companies such as Lyft and TaskRabbit, and has been an early backer of many others, including Ayasdi, Xamarin, and Modcloth.
Ann is well-known in Silicon Valley as a pioneer investor in the artificial intelligence space. In addition to partnering with entrepreneurs building impactful businesses based on truly intelligent AI, she is a co-sponsor of the AI Grant, a nonprofit research lab that funds work on open source AI. Her deep interest in the space began as a child – her father was a NASA rocket scientist – and her expertise developed as an undergraduate at Yale, where she participated in the Robocup Competition in Paris, France.
A repeat member of the Forbes Midas List, she is also a lecturer in entrepreneurship at Stanford and a member of All Raise, a nonprofit committed to improving diversity in funders and founders. Prior to Floodgate, Ann worked at Charles River Ventures and McKinsey and Company. She has a BSEE from Yale and a PhD from Stanford in math modeling of computer security. She lives in the Bay Area with her husband, three kids, and one spoiled dog.
Ramana Nanda, Sarofim-Rock Professor of Business Administration, Harvard Business School
Ramana Nanda is the Sarofim-Rock Professor of Business Administration at Harvard Business School, where he teaches Entrepreneurial Finance in the MBA program and in executive education offerings. His research examines financing frictions facing new ventures, with an aim to help entrepreneurs with fundraising and to shed light on how financial intermediaries, corporate R&D and policy makers can improve the odds of selecting and commercializing the most promising ideas and technologies.
Ramana is a Research Associate in the Productivity, Innovation and Entrepreneurship Program at the NBER. He received his Ph.D. from MIT's Sloan School of Management and has a BA and MA in Economics from Trinity College, Cambridge, U.K. He is a recipient of the 2015 Kauffman Prize Medal, that is awarded annually to one scholar under age 40 whose research has made a significant contribution to the literature in entrepreneurship.
Prior to starting his Ph.D., Ramana was based in the London and New York offices of Oliver, Wyman & Company, where he worked primarily with clients in global capital markets as well as in small-business banking. He continues to advise startup ventures on their financing strategies and also works with philanthropic investors who use market-based solutions to address poverty and promote entrepreneurship in developing countries.
Joel Cutler, Cofounder and Managing Director, General Catalyst
Joel Cutler is a co-founder and managing director of General Catalyst, a venture capital firm with offices in Boston, New York and Silicon Valley and approximately $5.0 billion in total capital raised.
Mr. Cutler invests in teams creating real inflection points in consumer experiences through information technology products and services, consumer internet/mobile, e-commerce and online travel. His portfolio of investments includes: Airbnb; Jet.com (acquired by Wal-Mart in September 2016); Kayak (2012 IPO and subsequently acquired by Priceline in May 2013); Lemonade; Oscar Insurance; Cadre; Sabre (NASDAQ: SABR); The Honest Company; and Warby Parker.
Youngme Moon, Donald K. David Professor of Business Administration, Harvard Business School
Youngme Moon is the Donald K. David Professor of Business at Harvard Business School. Professor Moon's research sits at the intersection of strategy, branding innovation, and culture, with a particular focus on youth and the digital economy. She is the author of the bestselling book, Different, and she has published and sold more than two million case studies on companies ranging from Starbucks to IKEA to Uber. She currently co-hosts a weekly podcast, After Hours, presented by Harvard Business Review.
Professor Moon serves on the Board of Directors of Unilever and Rakuten; she also sits on the board of a number of start-ups including Warby Parker, Sweetgreen, Lola Travel and others. She received her Ph.D. from Stanford University, her M.A. from Stanford University, and her B.A. from Yale University.