The conference focus shifted away from its alternative-investment roots to investment topics of the day, like opportunity zones, cannabis, and crypto.
Hollis Johnson/Business Insider
Marc Lasry, the Avenue Capital founder, was a late scratch from the agenda, as he chose to watch the NBA team he owns, the Milwaukee Bucks, instead of flying to Las Vegas. And of the 23 featured speakers at the conference this week, fewer than half are current investors., vacillating between panels on buzzy topics like cannabis, so-called opportunity zones, and crypto, and talks from former confidants of President Donald Trump, like Chris Christie, John Kelly, and Jeff Sessions.
While the Obama administration alums Susan Rice and Valerie Jarrett made appearances, the loudest panelists were Trump supporters like Christie, while conservative media figures like Charlie Kirk could be seen doing live shots on one of several balconies overlooking poolside cabanas. One longtime attendee from a fund said it had gotten harder for investors to persuade compliance to let them come to Vegas for conferences, opening the door for more people from cannabis, bitcoin, and technology to fill the void.
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