Investor
CFOs & COOs Forum New York 2020
20 - 21 October 2020,
Convene, 730 Third Ave New York
Where private debt CFOs and COOs brave the next frontier
The Forum is the premier venue for in-house financial and operational professionals to hear best practices and industry developments from a wide spectrum of private debt industry peers.
The day and a half program featured insights from senior financial, operational, tax, accounting and compliance officers at private debt funds managing BDCs, private credit, distressed investment, and senior lending strategies. They dove into the complexities of managing the finance and operations of firms that invest across the capital structure including senior secured loans, subordinated debt, hybrid financing and more.
Forum topics include:
- Finding opportunities in a downturn: Distressed, special situations and opportunistic debt
- Technology and major disruptions in private debt: Putting the tools to work
- Update on monetary policy from the Department of Treasury and Federal Reserve
- The risky business of direct lending
- State of the Industry: The latest trends in debt fund structures
- The evolution and convergence in the CLO market
- Meeting the mandate for ESG in private debt
- Specialization in private debt: Bespoke credit solutions and specialty financing
- Making the investment in human capital
- A seismic shift in the private debt landscape
Keynote speaker:
Meg McClellan
Head of Private Credit
J.P. Morgan Global Alternatives
McClellan began her career with J.P.Morgan as a mortgage backed securities trader in the investment bank. Her experience prior includes trading and managing government bonds, derivatives and securitized products. In her number of senior roles at the firm, she led client and fixed income teams in Asset and Wealth Management.
Since 2016, she led as the CFO of J.P Morgan Asset Management and has recently been presented with a new role as the Head of Private Credit at the firm where she will be expanding their $10 billion private credit business. Meg will be sharing key insights from her experiences in product development and strategic direction specifically in the corporate private debt space.
2020 Advisory Board
Shari Huisman
Director, Finance and Controller
Thoma Bravo
Thomas Mayrhofer
CFO and CCO
EJF Capital
Vishal Sheth
Chief Finance Officer
Twin Brook Capital Partners
Mustafa Tayeb
Chief Finance Officer
MGG Investment Group LP
Why you should attend
For CFOs & COOs
Gain valuable insights and actionable intelligence from CFOs and COOs at private debt funds on how they address their biggest operational challenges.
Latest regulatory and tax updates
While the 2018 tax bill had limited impact on private credit investment, learn how potential CFIUS changes could negatively affect appetite for foreign investment.
Network
Whether your firm is raising its first private debt or credit fund, or expanding an existing platform, this is the event for you to build your network.
Download the 2019 brochure
Download the 2019 brochure to view:
– 2019 speakers
– 2019 agenda highlights
– Attendee breakdown
and more!
Previous attendees have said
Harbert Management Corp
John Harrison, Sr. Managing Director
The best conference on the overall private debt market
Jessica Thompson
IFM Investors
I found the conference well put together. The panels were all interesting and topical.
2020 Agenda
Interested in participating? Please contact Kwame Campbell at kwame.c@peimedia.com or +1 646 356 4520.
Agenda
Agenda day one - Tuesday 20th
Registration
PDI welcome and chairman introduction
Special Update from the Federal Reserve
Keynote conversation with Meg McClellan, Head of Credit, JP Morgan Asset Management
Keynote
Meg McClellan, Head of Credit, JP Morgan Asset Management
The Risky Business of Direct Lending: Navigating Financial and Operational Challenges
- What are the biggest financial and operational challenges your firm is facing today?
- Managing expectations from investors, borrowers, and other major stakeholders
- Discuss how covenant lite loans are impacting the industry
- What are you doing to mitigate risks and effectively evaluate loan performance?
- How has heightened competition and tightening spreads impacted direct lending?
Panelists
Venu Rathi, Chief Financial Officer, Direct Lending, Morgan Stanley
Tom Bax, Chief Financial Officer and Treasurer, NXT Capital
Shai Vichness, Senior Managing Director and Chief Financial Officer, Churchill Asset Management
Networking break
Benchmarking, performance, and valuations in the midst of uncertainty
This session addresses the importance of benchmarking, performance, and valuations during times of market volatility. Moreover, attendees will gain actionable insights into loan portfolio performance and valuations.
- Understand the methodologies used to determine loan valuations.
- Examine the impact of changing market conditions on performance and valuations
- Discuss the further bifurcation of the private credit market and other industry trends
Panelists
Patricia Luscombe, Managing Director, Lincoln International
Brian Garfield, Managing Director, Lincoln International
Distressed, special situations, and opportunistic debt: The devil is in the details
- Review different scenarios including bankruptcy, refinancing, post-restructured equity, and liquidations
- Understand the key fundamentals that underpin these debt strategies
- Address potential conflicts, pressing tax and compliance issues
Panelists
J. Soren Reynertson, Managing General Partner, GLC Advisors
John Felletter, Managing Director and Head of Asset Management, Arena Investors
Cocktail Networking Reception
Agenda
Day two - Wednesday 21st
CFO and COO think tank (invitation-only)
This is an exclusive, off the record breakfast roundtable for CFOs and COOs to address common challenges and pressing concerns.
Registration and Networking Breakfast
Chairman’s remarks
LP/ GP perspective on reporting, valuations, and fees in private debt
- How LPs and GPs react during a downturn- asset allocation, rebalancing portfolios, and implementation
- A conversation about the criteria for manager selection- investment styles, track records, and fee structures.
- What’s driving the LP demand for data and reporting. How is that data being used?
- Best practices in communications between LPs and GPs
- Growing concerns about capital calls, claw backs, IRR, subscription lines, and fees
Panelists
Vishal Sheth, Chief Financial Officer, Twin Brook Capital Partners
Steve Beckett, Head of Private Markets Risk, Aksia
Peter Russell, Senior Director, Operations, Credit Investments, PSP Investments
Fireside Chat with John Wills, Head of Private Credit, MetLife Investment Management
John Wills, Head of Private Credit, MetLife Investment Management
Technology and major disruptions in private debt: Putting the tools to work
- Understand how firms are using tech to evaluate the operational impact on the portfolio during a downturn, monitor loans, source opportunities, and enhance returns
- Hear why players in the private debt are betting on fintech, artificial intelligence, and other market disruptors
- Where are CFOs and COOs allocating their time and resources when creating and implement a tech strategy
Panelists
John W. Polis, Partner, Chief Operating Officer & Chief Technology Officer, Star Mountain Capital
Jonathan White, Director of Sales – Funds, Intertrust Group
Networking break
Special Presentation on Global Debt Markets
Presenter
Jiří Król, Deputy Chief Executive Officer, Global Head of Government Affairs, Alternative Credit Council
Jiří Król
Deputy Chief Executive Officer, Global Head of Government Affairs, Alternative Credit Council
Read bioSpotlight on BDCs: Evaluating Performance, Managing Risk, and Government Scrutiny
- Evaluating loan performance, performing due diligence, and mitigating risks during a downturn
- Understand regulatory developments and taxes issues affecting BDCs
- Examine the industry-wide consolidation due to heightened competition, the lack of scalability, and operational inefficiencies.
- Address the increased need for greater transparency and reporting standards
Greg Hunt, CFO, Apollo Investment Corporation
Networking luncheon
State of the Industry: Private Debt Roundtable
Interactive conversation about the financial and operational challenges impacting the private debt spectrum. Gain invaluable insights from industry experts and share best practices with peers.
- Mezzanine
- Infrastructure
- Real estate
- Venture debt
- Secondaries market
Tom Raterman, Runway Growth Capital, Chief Financial Officer
Jessica Thompson, Investment Director, IFM Investors
Workshop A¬- Meeting the mandate for ESG in private debt
- Examine how the focus on ESG is shifting from the qualitative to quantitative
- Why not having an ESG policy can adversely affect your firm?
Workshop B- Fund Finance: Finding Liquidity Through NAV, Asset Based, and Hybrid Leverage Facilities
- Examine the structuring, negotiating, and documentation of leverage facilities
- Under what scenarios are firms looking for leverage at the fund level
- Key considerations when managing and monitoring leverage facilities
- Understand the perspectives of the key players in fund finance- borrowers, lenders, and investors
- When, in the fund cycle, are leverage facilities most likely to be used
James Cassady, Managing Director Operations; Compliance, Monroe Capital
Khizer Ahmed, Co-Founding Partner, Elm Ridge Advisors
Networking break
What’s Trending in Fund and Fee Structures
This session will examine how different fund and fee structures are being used to accommodate LP demand, outline structure options, and provide pros/cons for each.
- Treaty structures
- Evergreen funds
- Season and sell
- Irish Collective Asset-management Vehicle (ICAV)
- Domicile vehicles and other considerations
Panelists
Raoul Kamath, Regional Director, EWM Global
Drew Phillips, Partner and Chief Operating Officer, Atalaya Capital Management
Structured Debt in Complex Times: Convergence in the CLO Market:
- What advantages do middle market CLOs still offer over other structured products and portfolio vehicles?
- Examine the complexity and nuances of structured debt vehicles.
- Managing risk and reward during periods of market volatility
- Address regulatory and tax issues impacting the industry
Panelists
Barry Giarraputo, Chief Financial Officer, Antares Capital
James Jefski, Managing Director, State Street Global Services
End of Conference
Interested in participating? Please contact Kwame Campbell at kwame.c@peimedia.com or +1 646 356 4520.
Khizer Ahmed
Co-Founding Partner, Elm Ridge Advisors, LLC
Tom Bax
Chief Financial Officer and Treasurer, NXT Capital,LLC
Steve Beckett
Head of Private Markets Risk, Aksia
Graham Bippart
Editor, Private Funds CFO, Private Equity International
James Cassady
Managing Director Operations & Compliance, Monroe Capital
John Felletter
Managing Director and Head of Asset Management , Arena Investors LP
Brian Garfield
Managing Director, Lincoln International
Barry Giarraputo
Chief Financial Officer, Antares Capital
Omar Hassan
Principal, Chief Financial Officer and Chief Compliance Officer, Cloverlay Partners
Greg Hunt
Chief Financial Officer, Apollo Investment Corporation
James Jefski
Head of North America Alternatives Segment, State Street
Raoul Kamath
Regional Director – Americas, EWM Global
Jiří Król
Deputy Chief Executive Officer, Global Head of Government Affairs, Alternative Credit Council
Patricia Luscombe
Managing Director, Lincoln International LLC
Isobel Markham
Senior Editor, Private Equity Group, Americas, PEI
Meg McClellan
Head of Private Credit, J.P. Morgan Global Alternatives
Michelle Noyes
Managing Director, Head of Americas, Alternative Investment Management Association (AIMA)
Drew Phillips
Partner & Chief Operating Officer, Atalaya Capital Management
John W. Polis
Chief Operating & Technology Officer, Star Mountain Capital
Tom Raterman
Runway Growth Capital, Chief Financial Officer
Venu Rathi
Chief Financial Officer, Morgan Stanley Direct Lending
J. Soren Reynertson
Managing General Partner, GLC Advisors
Peter Russell
Senior Director, Operations, Credit Investments, PSP Investments
Vishal Sheth
Chief Financial Officer, Twin Brook Capital Partners
Mustafa Tayeb
Chief Financial Officer, MGG Investment Group LP
Shai Vichness
Senior Managing Director and Chief Financial Officer, Churchill Asset Management
Jessica Thompson
Executive Director, Deputy Head of North America Infrastructure Debt, IFM Investors
Jonathan White
Director of Sales – Funds, Intertrust Group
John Wills
Head of Private Credit, MetLife Investment Management
Barry Giarraputo
Chief Financial Officer
Antares Capital LP
Shari Huisman
Director, Finance and Controller
Thoma Bravo
Thomas Mayrhofer
Chief Financial Officer & Chief Operating Officer
EJF Capital
Drew Phillips
Partner & Chief Operating Officer
Atalaya Capital
Vishal Sheth
Chief Financial Officer
Twin Brook Capital Partners
Mustafa Tayeb
Chief Financial Officer
MGG Investment Group LP
Showcase your company
When you partner with PDI CFOs & COOs conference, you reach hundreds of Chief Financial Officers, Chief Operations Officers, and financial professionals working in companies of all sizes and sectors. Connect with new customers, generate qualified leads, and gain measurable investment return with our strategic partnerships.
For more information on exhibiting or sponsorship opportunities, please contact Cristiana Crocco, Deputy Director of Business Development at 646-921-0923 or cristiana.c@peimedia.com .
Event venue & hotel accommodations
The Benjamin 125 East 50th Street NY, NY 10022
Requests for room assignments can also be made Online or by calling our toll-free number 866-222-2365 and referencing the PDI CFOs and COOs room block. Discounted rates are good through, May 25, 2020. Discounted Rates: $389/night plus applicable taxes and fees).