Capital G Hosts Steve Forbes at Private Wealth Conference in Bermuda

USA - English

• USA - English
• USA - English

HAMILTON, Bermuda, March 19 /PRNewswire/ -- Picturesque Bermuda is the landscape for the 1st Annual Capital G Private Wealth Conference, to be held on April 13, 2010, at the Tucker's Point Resort & Spa in Tucker's Town, Bermuda.

(Photo: http://www.newscom.com/cgi-bin/prnh/20100319/MXF001-a )

The location is Bermuda's first all-new resort built in nearly four decades and is an idyllic getaway on 200 acres of the most magnificent waterfront in Bermuda.

Conference excitement is building in Bermuda as Capital G looks forward to hosting U.S. media mogul Steve Forbes as the conference keynote speaker.

Mr. Forbes, renowned internationally as an economic prognosticator, will share his unique insights on the role of "Capitalism in the global economic recovery." Also, Mr. Forbes will be the special guest at a 'by invitation only' VIP Dinner hosted by exclusive sponsor The Bermuda Department of Tourism.

On conference day, April 13, registered delegates will have access to breakout sessions that examine the current threats to wealth growth and preservation, assess the recovering global capital markets and speak to the issues of business and estate planning and transferring Bermuda wealth to US beneficiaries. The Agenda also incorporates a discussion of writing philanthropy into today's estate strategy. An esteemed faculty representing local legal, accounting, investment and estate firms has been assembled to deliver the Agenda of conference sessions.

Barbara Tannock, CFA, SVP, Head of Capital G Private Banking said: "With Mr. Forbes as keynote speaker, it brings an interesting dynamic to the conversation -- the same forces that were blamed for the collapse of global markets are being relied on to provide recovery." She goes on to note, "His delivery promises to be very thought provoking, certainly relevant and one from which our clients and partners will draw great value. We take seriously our positioning as an integrated wealth management innovator and a facilitator of dialogue on the issues impacting Bermuda's private clients. Mr. Forbes' acceptance of our invitation is true testament to that."

Dr. Lawrence Chimerine, an economic consultant for 25 years, will be the guest speaker for the Conference Luncheon at the Tucker's Point Golf Club. Dr. Chimerine has served on numerous governmental advisory boards, including the House of Representatives Task Force on International Competitiveness, the Census Advisory Committee, and the Economic Policy Board of the Department of Commerce.

"The private wealth landscape in Bermuda is currently in a state of flux arising from the substantial structural and market change and shifts in our own economic infrastructure brought about by the credit crisis and subsequent recession," Ms. Tannock said. "The Speakers at this Conference will address both the challenges and the opportunities presented in such an environment, while relating the global challenges to the local landscape. We are really looking forward to it."

Bermuda and international companies across the private wealth spectrum have endorsed this event with confirmed sponsors including: The Bermuda Ministry of Finance, The Bermuda Department of Tourism, The Colonial Group, KPMG, Trilogy Global Advisors, Tetrem Capital Management Ltd., FORS Ltd., Franklin Templeton Investments, MFS Investment Management, Rego Sotheby's International Realty and Electronic Services Ltd.

For more information on the Conference agenda and to register, please visit www.capitalgpwc.bm.

    Steve Forbes
    -- Chairman and CEO of Forbes Media
    -- Editor-in-Chief of Forbes Magazine
    -- Republican Candidate for President, 1996 and 2000

Steve Forbes is Chairman and Chief Executive Officer of Forbes Media. He is also Editor-in-Chief of Forbes magazine. Under Mr. Forbes' leadership, the company has launched a variety of new publications and businesses. They include: ForbesLife, the dedicated lifestyle magazine; ForbesWoman, providing Forbes' community of executive women with luxury lifestyle content that they value and respect, in print and online; Forbes Asia; and Forbes licensee editions published in China, Croatia, India, Israel, Japan, Korea, Poland, Romania, Russia and Turkey. The company also publishes a number of investment newsletters. Another division of the company is Forbes Investors Advisory Institute.

In 1996 Forbes entered the new media arena with the launch of Forbes.com. Now receiving more than 18 million unique monthly visitors, it has become a leading destination site for senior business decisionmakers and investors. Other Forbes Web sites are: Investopedia.com; RealClearPolitics.com; RealClearMarkets.com; RealClearSports.com; and the Forbes.com Business and Finance Blog Network. Together with Forbes.com, these sites reach nearly 40 million business decision-makers each month.

The company's flagship publication, Forbes, is the nation's leading business magazine, with a circulation of more than 900,000. Forbes combined with Forbes Asia and the company's ten licensee editions together reach a worldwide audience of more than 5.5 million readers.

Mr. Forbes writes editorials for each issue of Forbes under the heading of "Fact and Comment." A widely respected economic prognosticator, he is the only writer to have won the highly prestigious Crystal Owl Award four times. The prize was formerly given by U.S. Steel Corporation to the financial journalist whose economic forecasts for the coming year proved most accurate.

In both 1996 and 2000, Mr. Forbes campaigned vigorously for the Republican nomination for the Presidency. Key to his platform were a flat tax, medical savings accounts, a new Social Security system for working Americans, parental choice of schools for their children, term limits and a strong national defense. Mr. Forbes continues to energetically promote this agenda. Mr. Forbes is the author of Power Ambition Glory: The Stunning Parallels between Great Leaders of the Ancient World and Today . . . and the Lessons You Can Learn, co-authored by John Prevas (Crown Business, June 2009). He also wrote: Flat Tax Revolution: Using a Postcard to Abolish the IRS (Regnery, 2005); and A New Birth of Freedom (Regnery, 1999), a book of bold ideas for the new millennium.

In 1985, President Reagan named Mr. Forbes Chairman of the bi-partisan Board for International Broadcasting (BIB). In this position, he oversaw the operation of Radio Free Europe and Radio Liberty. Broadcasting behind the Iron Curtain, Radio Free Europe and Radio Liberty were praised by Poland's Lech Walesa as being critical to the struggle against communism. Mr. Forbes was reappointed to his post by President George H. W. Bush and served until 1993.

Steve Forbes was born on July 18, 1947, in Morristown, New Jersey. He graduated cum laude in 1966 from Brooks School in North Andover, Massachusetts. He received a B.A. in history from Princeton in 1970. Mr. Forbes serves on the boards of The Ronald Reagan Presidential Foundation, the Heritage Foundation and The Foundation for the Defense of Democracies. He is on the Board of Overseers of the Memorial Sloan-Kettering Cancer Center and on the Board of Visitors for the School of Public Policy of Pepperdine University. He previously served on the Board of Trustees of Princeton University for ten years.

Capital G Bank Limited is a privately-held financial institution in Bermuda providing personalized and integrated wealth management services for personal banking, business banking and private banking customers. For more information visit Capital G Bank at 19 Reid Street in Hamilton, Bermuda. Call 441-296-6969 or visit capital-g.com.

    CONTACT:
    Michael DeCouto
    Senior Vice President, Marketing
    Capital G Limited
    441.294.5019
    [email protected]

    Keisha Webb-Gibbs
    Public Relations & Events Manager, Marketing
    Capital G Limited
    (441) 294 5194
    [email protected]

SOURCE Capital G