UNCONSTRAINED CAPITAL FORUM
2026

Attendance is only open to senior representatives of family offices, foundations, private banks, UHNW groups and endowments. All applications are vetted by CII to ensure appropriateness. This is an interactive, strictly closed-door Forum, with no media and no marketing/pitching permitted.

The Unconstrained Capital - Public Markets Forum brings together senior decision-makers from family offices, foundations, private banks, ultra-high-net-worth groups and endowments to examine how flexible capital can be used strategically. The Public Markets forum will delve into innovative public market investment strategies spanning equity, credit and fixed income that are typically inaccessible to more traditional, regulated institutions.

Attendance is strictly by invitation and limited to 40 approved participants—namely, senior representatives from these groups.

For qualifying representatives, attendance (including accommodation, airport transfers and all meals) is complimentary.

If you’d like to express your interest in attending, please click the button below.

Agenda

Content to be covered over the two days includes:

• CAPITAL, POWER AND THE NEW MACRO ORDER
  How should portfolios be built to withstand a world where geopolitics and macro policy have become the same trade?

• MACRO SIGNALS: READING AND ACTING ON REGIMES
  Are today's regime shifts legible enough to act on, and how should that translate into real allocation decisions across equities, alts and currency?

• ACTIVE MANAGEMENT: EVOLUTION OR OBSOLESCENCE?
  Is the case for paying active fees in listed equities a durable, adaptable edge — or a structurally fading proposition?

• MARKET EFFICIENCY: WHO IS RIGHT, WHO IS EARLY?
  Is long/short construction genuinely capturing the mispricing created by passive flows and mega-cap concentration, or just adding cost and complexity to a simpler thesis?

• EMERGING MARKETS: ALPHA OR ARTEFACT?
  Does active management have a genuine structural edge in EM today, or has the diversification-and-alpha case simply failed to hold up?

• CREDIT WITHOUT CONSENSUS: WHERE THE REAL OPPORTUNITIES SIT
  In the less efficient corners of public credit, where does complexity still pay — and where has it become the risk itself?

• FUND OF FUNDS IN 2026
  Does the fund-of-funds wrapper still earn its fees, and how should one be constructed, evaluated and negotiated at scale?

• ALLOCATORS PERSPECTIVES: PUBLIC ALLOCATIONS IN UNCONSTRAINED PORTFOLIOS
  What is actually changing in allocators’ portfolios as a result of the arguments made across this Forum?

• ASSET OWNERS’ EXCHANGE (ASSET OWNERS ONLY, CLOSED DOOR BREAKOUT)
  What are asset owners actually doing differently in their own portfolios right now, once the conversation is off the record?

At the conclusion of the Forum, group transfers will return back to Melbourne Airport and CBD for those who require them

ADVISORY COMMITTEE