Private Debt
Investor
Investor
New York Forum 2022
21 - 22 September 2022,
Convene, 117 W 46th St, New York
The premier private debt event in North America
The Private Debt Investor New York Forum is back in person for 2022 and will bring together senior professionals engaged in the continued expansion of private debt as an asset class. The forum will enter its ninth successful year as the premier platform for investors to discuss how private credit strategies fit into their investment portfolios.
Attending the Private Debt Investor New York Forum will allow you to:
- Engage with private debt professionals and institutional investors to cultivate new business relationships
- Hear how firms differentiate themselves in this highly competitive and dynamic market
- Debate best practices and return strategies across the private debt and credit asset class
- Participate in a wide range of impactful discussions in various formats that include off-the-record think-tanks, sector-focused breakout sessions, and fireside chats with industry leaders
Explore the benefits of attending
What can you expect at the forum?
Gain insights you can’t find anywhere else
Hear from experienced panelists eager to share their wealth of knowledge about the private debt asset class. Gain insight into various private debt-related topics, including direct lending, secondaries, real estate, specialty finance, and more.
Connect with private debt professionals
Benefit from conversations with private debt experts about emerging opportunities and tips for securing capital within the asset class. Network in-person during networking breaks, an evening drinks reception, think tank breakfasts, and more.
Expand your investor network
Take advantage of the unique opportunity to meet with and hear from the growing list of institutional investors attending the forum. Plus, have meaningful discussions with investors about allocating to private debt and what they look for from GPs.
Book before July 29 to save $300+
Secure your place today to connect with your peers in the private debt space and discover innovative strategies for generating high returns.
Your go-to resource leading up to the event
Explore the official event guide for PDI New York 2022
Download the brochure for crucial event information, including:
- Agenda highlights featuring the most pressing topics facing private debt professionals
- Featured speakers from leading firms in the private debt space
- In-person networking opportunities that are available throughout the forum
- The preliminary list of asset management firms and investors who will be in attendance
- Venue and hotel information
- And more!
Find out what topics will be discussed
Key agenda themes
- Macro trends: Inflation, world markets, and more
- Direct lending: What’s new?
- The case for specialty finance: Navigating exposure
- Special situations and distressed investing in today’s environment
- Sustainability-linked loans, metrics, risk assessments, and ESG considerations
- Diversity & inclusion in the private credit industry
- Opportunities in the secondaries market
- Real estate debt
- Infrastructure debt
- And more!
View the private debt experts speaking at the forum
Featured speakers
Browse the 2022 attendee list
Network with your peers in private debt
See what past attendees are saying about the forum
Testimonials
Kurt Bock
Chief Executive Officer, Country Financial
Absolutely invaluable! The perspectives from GPs, LPs, and industry analysts all in one place made this the most beneficial investor meeting I will attend this…
Jim McMullan
Head of Corporate Credit, CDPQ
Overall great retreat; an opportunity to step back and think about private debt opportunities and trends.
Michael Rudanycz
Managing Director, Sun Life Capital Management
Good opportunity to get back up to speed on lending markets, trends, changes, and individuals in the arena.
Kurt Bock
Chief Executive Officer, Country Financial
Absolutely invaluable! The perspectives from GPs, LPs, and industry analysts all in one place made this the most beneficial investor meeting I will attend this year.
2022 sponsors
The Private Debt Investor New York Forum offers a unique opportunity for organizations to raise their profile as a part of the premier meeting for GPs and investors allocating to private debt.
For information on available 2022 sponsorship opportunities, please contact Holly James at holly.j@peimedia.com or call +44 11 4551 3252.
2022 speakers
Have a topic you would like to discuss at the Private Debt Investor New York Forum 2022? Please contact Erin Wolfe at Erin.Wolfe@peimedia.com.
Paul Barker
Partner, ESG & Impact, Kirkland & Ellis
Paul is a partner in the Bay Area office of Kirkland & Ellis LLP and a member of the Firm’s ESG & Impact Practice Group, which advises some of the world’s most sophisticated private equity firms, corporations, and project sponsors and lenders… Read full bio
Ari Blaut
Partner and Co-Head of U.S. Credit and Leveraged Finance, Sullivan and Cromwell
Ari Blaut is a partner in S&C’s Finance & Restructuring Group and is co-head of the Firm’s U.S. Credit & Leveraged Finance practice. Ari maintains a broad corporate practice advising clients on a wide range of financing transactions. Ari… Read full bio
Laurent Bouvier
Managing Partner, Kartesia
Laurent is a Founding Partner of Kartesia. In his role, Laurent is responsible for overseeing the management and development of the company, more particularly in relation to fundraising and investor relations. When founding Kartesia in 2013, Laurent… Read full bio
Nicole Byrns
MD, Americas Structured Credit and Financials, CPP Investments
Nicole joined CPPIB in 2019 and focuses on investment opportunities across the structured credit sector including CLOs, consumer finance, and specialty finance sectors. Prior to joining CPPIB, Nicole worked at Deutsche Bank’s Global Credit Trading gr… Read full bio
Greg Cashman
Head of Direct Lending, Golub Capital
Mr. Cashman joined Golub Capital in 1996 and heads the Firm’s Direct Lending business. He is responsible for overseeing origination, deal execution and capital markets. Mr. Cashman is a member of the Firm’s Investment and Watchlist committees and is… Read full bio
Ed Cong
Principal and Managing Director, Marathon Structured Credit
Ed Cong is a Principal and Managing Director in Marathon's Structured Credit Group and a Member of Marathon’s Executive Committee, Investment Committee and Diversity and Inclusion Council. Mr. Cong is responsible for portfolio construction, asset all… Read full bio
Jennifer Daly
Partner, King & Spalding
Jennifer Daly is a partner at King & Spalding and leads their Private Credit Special Situations team. Having previously held senior roles in the financial services and investment management sectors at Bank of America Merrill Lynch and distressed… Read full bio
Patrick Fear
Managing Director, AB Private Credit Investors
Patrick Fear joined AB in 2014 as a founding member and Managing Director of AB Private Credit Investors. He is a member of the investment committee and leads the team’s investments in digital infrastructure and services. Fear is also responsible for… Read full bio
Christian Fuqua
Managing Director, Deputy Portfolio Manager, CBRE Investment Management
Christian Fuqua is a Managing Director within the Americas Credit Division for CBRE Investment Management and serves as Deputy Fund Portfolio Manager. In this role, he oversees the Americas Credit Division's operations, including the acquisitions and… Read full bio
Kevin Griffin
CEO & CIO, MGG Investment Group
Mr. Griffin founded MGG Investment Group in 2014 and is the CEO and CIO of the firm. Prior to launching MGG, Mr. Griffin was a Managing Director with Highbridge Principal Strategies, where he was a senior member of the Specialty Lending Platform and… Read full bio
Jennifer Hartviksen
Managing Director, Global Credit, Investment Management Corporation of Ontario (IMCO)
Jennifer Hartviksen joined IMCO in 2020 and is responsible for the global credit asset class, a globally diversified portfolio of public and private credit assets across the risk spectrum. Previously, Jennifer spent over six years at Invesco Ltd wher… Read full bio
Carolyn Hastings
Managing Director, Private Credit Group, Bain Capital Credit
Carolyn Hastings is a Managing Director in the Private Credit Group at Bain Capital Credit, a leading global credit specialist with approximately $57 billion in assets under management. She is based in Bain Capital Credit’s Boston office and serves a… Read full bio
Brent Humphries
President, AB Private Credit Investors
Brent Humphries joined AB in 2014 as a founding member and President of AB Private Credit Investors, where he has primary responsibility for overseeing all aspects of the business, including chairing the investment committee, fundraising, investor re… Read full bio
Rakesh (Rick) Jain
Global Head of Private Credit, Pantheon Ventures
Rick is a Partner and Global Head of Private Debt. Prior to joining Pantheon, Rick was a Managing Director and an Investment Committee Member at Star Mountain Capital, a middle-market private credit manager, where he led the direct investment busines… Read full bio
Faraaz Kamran
Senior Partner, Twin Brook Capital Partners
As a Senior Partner and member of Twin Brook’s Investment Committee, Faraaz Kamran focuses on the firm’s healthcare portfolio and oversees the firm’s origination activity. Prior to joining Twin Brook, Faraaz was with Madison Capital Funding LLC, a wh… Read full bio
Kenneth Kencel
President & CEO, Churchill Asset Management
Ken serves as President and CEO of Churchill Asset Management, an affiliate of Nuveen, the asset manager of TIAA. He also serves as Chairman of the Board, President and CEO of Nuveen Churchill Direct Lending Corp., Churchill’s publicly registered bus… Read full bio
James Kirby
Founder & President, Deerpath Capital Management
James Kirby is the President and Co-founder of Deerpath Capital. He was previously a Managing Director and Portfolio Manager in credit investing at Dune Capital Management, LP and its predecessor fund at Soros Fund Management LLC from 2004-2006. He w… Read full bio
John Kyles
Managing Director, Head of the Credit Strategies, Portfolio Advisors
John joined Portfolio Advisors in 2009 and is Head of the Credit Strategies team. Previously, he was a Director at Citigroup, where he spent eight years in the Private Equity Placements Group. While at Citigroup, he structured and executed private pl… Read full bio
Kevin Lawi
Managing Director, Private Credit Portfolio Manager & Head of Origination of Credit Investment Group, Credit Suisse Asset Management
Kevin Lawi, Managing Director, is the Private Credit Portfolio Manager and Head of Origination of the Credit Investments Group (CIG) within Credit Suisse Asset Management. He joined CIG in 2021 to lead the origination and structuring of transactions… Read full bio
Justin Lawrence
Partner, Private Credit, Adams Street Partners
Justin supports the Private Credit Team in all aspects of the decision-making process, including sourcing, structuring, reviewing, and negotiating deal opportunities. Prior to joining Adams Street, he was a Vice President at Ares Management LLC. In t… Read full bio
Chris Lund
Managing Director & Co-Portfolio Manager, Institutional Portfolios, Monroe Capital LLC
Mr. Lund is a Managing Director and Co-Portfolio Manager of Monroe Capital’s institutional portfolios. He is responsible for managing the firm’s direct investing vehicles including commingled funds, separately managed accounts, and SBIC funds. He is… Read full bio
Kevin Magid
President, Audax Private Debt
Kevin Magid is President of Audax Private Debt, a leading debt capital partner with over $28 billion invested across more than 1,000 companies and over $21 billion in capital raised. Mr. Magid joined Audax Group in 2000 and has led Audax Private Debt… Read full bio
Derek Miller
Managing Director, Fitch Ratings
Derek Miller is a managing director at Fitch Ratings. He currently heads the U.S. Structured Credit group responsible for collateralized loan obligations (CLOs) and other structured credit ratings. The Structured Credit group assigns new issue CLO ra… Read full bio
Darius J. Mozaffarian
Partner & Co-President, White Oak Global Advisors
Mr. Mozaffarian joined White Oak in May 2008, became Partner in 2010, joined the Investment Committee in 2014 and currently serves as President. His primary responsibility is to oversee the investment teams that are responsible for originating and st… Read full bio
William Needham
Managing Director, KKR Credit
William Needham joined KKR in 2014 and is a Managing Director of KKR Credit. He leads KKR's corporate restructuring and governance efforts across the European Private Credit and Special Situations strategies. Mr Needham currently sits on the boards o… Read full bio
Alex Popov
Head of Illiquid Credit Strategies, Carlyle
Alex Popov is a Managing Director, Head of Carlyle Credit Opportunities Fund and Co-Head of Illiquid Credit. Prior to joining Carlyle, Mr. Popov was a Managing Director at HPS Investment Partners (f/k/a Highbridge Principal Strategies, “HPS”) from 20… Read full bio
Benjamin E. Rubin
Partner, Proskauer
Benjamin Rubin a partner in the Corporate Department and a member of the Private Credit Group. Ben focuses his practice on complex corporate finance transactions and represents an array of private credit providers, including private debt funds, BDCs,… Read full bio
Tim Ruxton
Managing Director, Credit & Structured Products, Alter Domus
Tim joined Alter Domus, then Cortland Capital Market Services, in 2013, co-managing the Credit & Structured Products teams. He now acquires new business and manages existing client relationships within the business development group. Prior to joi… Read full bio
Caroline Sandberg
Partner, Fried Frank
Caroline Sandberg is a partner in the Corporate Department and the Finance Practice, resident in New York. She joined the Firm in 2006. Ms. Sandberg represents lenders, private and public companies and private equity sponsors on a wide variety of fin… Read full bio
Paul Saunders
Head of Private Credit Americas Business Development, Partners Group
Paul Saunders is the Head of Americas Private Debt Business Development & Investor Relations, based in New York. He has 14 years of industry experience. Prior to Partners Group, he worked at BlackRock in their Global Credit Team. In this role he… Read full bio
Daniel Seale
Partner, Latham and Watkins
Daniel Seale is a partner in the New York office of Latham & Watkins and is Global Chair of the firm’s Banking Practice. Mr. Seale is a member of the Finance Department; the Banking, Capital Markets, and Private Equity Practices; and the firm’s S… Read full bio
Michael Suppappola
Partner, Proskauer
Mike Suppappola is a partner in the Private Funds Group who specializes in representing asset managers across the globe in all aspects of their business and operations, with a particular focus on fund formation and the structuring and execution of se… Read full bio
Leslie Vargas
Portfolio Manager, Resolution Life
Leslie is a Portfolio Manager at Resolution Life US in New York. Leslie manages investments and executes the investment strategy across the asset class spectrum with a focus on private assets and alternatives and leverages relationships with third-pa… Read full bio
Pre-Event Resources
Post-Event Resources
2022 agenda
For more information regarding the agenda or to inquire about speaking opportunities, please contact Erin Wolfe at Erin.Wolfe@peimedia.com.
View agenda page
Agenda
Day 1 - Wednesday 21st
Breakfast
08:00 - 09:00
Registration & welcome breakfast
08:00 - 09:00
Women’s networking breakfast
Welcome
09:00 - 09:05
PEI welcome
Erin Wolfe
09:05 - 09:10
Chairperson’s remarks
Plenary sessions
09:10 - 09:40
Opening keynote
Greg Cashman
State of the Union for Private Credit 2022
Keynote speaker:
Greg Cashman, Head of Direct Lending, Golub Capital
09:40 - 10:20
Macro trends ahead: Weathering changes
Benjamin E. Rubin,
Jennifer Hartviksen,
Kenneth Kencel
- Main risk factors going into 2023
- The current state of the world’s markets as they pertain to civil unrest, Covid-19 concerns, the war in Ukraine, and the threat of additional Russian sanctions
- Fears around climbing interest rates and the effects of inflation
- Opportunities to generate alpha during periods of market dislocation
- Expansion by size, geography, and strategy
Moderator:
Benjamin E. Rubin, Partner, Proskauer
Panelists:
Jennifer Hartviksen, Managing Director, Global Credit, Investment Management Corporation of Ontario (IMCO)
Kenneth Kencel, President & CEO, Churchill Asset Management
10:20 - 11:00
Direct lending: Protection for the future
Daniel Seale,
Faraaz Kamran,
Chris Lund,
Kevin Magid
- Supply and demand dynamics in the direct lending space
- Addressing concerns around profit margins due to inflation and rising interest rates and how best to protect your firm
- How underwriting changed post-pandemic to create more resilient strategies
- Essential ways to ensure capital preservation
Moderator:
Daniel C. Seale, Partner, Latham & Watkins
Panelists:
Faraaz Kamran, Senior Partner, Twin Brook Capital Partners
Chris Lund, Managing Director & Co-Portfolio Manager, Institutional Portfolios, Monroe Capital LLC
Kevin Magid, President, Audax Private Debt
Networking
11:00 - 11:30
Networking break
Plenary sessions
11:30 - 12:10
Emerging ESG trends in private credit
Paul Barker,
Kevin Griffin,
Justin Lawrence,
William Needham
- Loan structuring to encourage responsible behavior
- Innovative ways to link loans to ESG considerations
- Incorporating ESG considerations to assess risk metrics and thematic issues, including climate change, net-zero commitments, energy transitions, resource availability, workforce practices, and inclusive growth
- Using data & ESG analytics
- Acquiring data and metrics to help meet LP expectations for reporting
Moderator:
Paul Barker, Partner, ESG & Impact, Kirkland & Ellis
Panelists:
Kevin Griffin, CEO & CIO, MGG Investment Group
Justin Lawrence, Partner, Private Credit, Adams Street Partners
William Needham, Managing Director, KKR Credit
12:10 - 12:50
CLO discussion
Derek Miller,
Nicole Byrns,
Tim Ruxton
- Advantages CLOs offer over other structured products and credit assets
- Collateralized loan obligations in the US vs. Europe
- Managing the complexity of CLOs and leveraging technology
- Role of rating agencies
Moderator:
Derek Miller, Managing Director, Fitch Ratings
Panelists:
Nicole Byrns, Managing Director, Capital Solutions, CPP Investments
Tim Ruxton, Managing Director, Credit & Structured Products, Alter Domus
Lunch
12:50 - 13:50
Networking lunch
Breakout sessions
13:50 - 14:30
Track A: Secondaries: Creating opportunity
Michael Suppappola,
John Kyles
- Understanding the key players and best practices for approaching the market
- Risk/benefit analysis of investing in this asset class
- Key concerns from LP’s surrounding allocation and whether they play in the secondaries market
Moderator:
Michael Suppappola, Partner, Proskauer
Panelists:
John Kyles, Managing Director, Head of the Credit Strategies, Portfolio Advisors
13:50 - 14:30
Track B: What’s next for real estate debt?
Christian Fuqua
- Overview of delinquency rates and the outlook for CRE property values with the continued work-from-home trend
- The future of commercial and retail space
- Current inflation concerns and interest rates in the public housing market
Panelists:
Christian Fuqua, Managing Director, Deputy Portfolio Manager, CBRE Investment Management
13:50 - 14:30
Track C: Direct lending in lower-middle & middle market landscapes
Laurent Bouvier,
Jennifer Daly,
James Kirby
- How direct lending transactions are beginning to build out the definition of the middle market outside of the deal size
- What this means for performance, risk-adjusted returns, and value creation
Panelists:
Laurent Bouvier, Managing Partner, Kartesia
Jennifer Daly, Partner, King & Spalding
James Kirby, Founder & President, Deerpath Capital Management
Breakout sessions
14:30 - 15:10
Track A: The evolution of evergreen/open-ended funds
Brent Humphries,
Paul Saunders
- Background/overview on open-ended funds
- Challenges of closed-ended funds
- Benefits of staying invested
- Concerns from LPs that greater alignment and liquidity must be weighed against the risk of a unique fund structure to an investment committee and how to address that
Panelists:
Brent Humphries, President, AB Private Credit Investors
Paul Saunders, Head of Private Credit Americas Business Development, Partners Group
14:30 - 15:10
Track B: Infrastructure debt: The key to recovery
Patrick Fear
- How has the infrastructure bill affected the debt market since it passed almost a year ago?
- Yield trends across the asset class
- The importance of digital infrastructure and how it is driving infrastructure debt growth
Panelists:
Patrick Fear, Managing Director, AB Private Credit Investors
14:30 - 15:10
Track C: The big questions for LPs (LP-only think tank)
Leslie Vargas
- Exchange ideas with other LPs about the most pressing questions for the year
- Conversations around benchmarking performance and future opportunities in the private credit space
Panelists:
Leslie Vargas, Portfolio Manager, Resolution Life
Networking
15:10 - 15:50
Networking break
Plenary sessions
15:50 - 16:30
Special situations & distressed investing in today’s environment
Ari Blaut,
Alex Popov
- Strategies to take advantage of unique opportunities for overleveraged companies
- LPs’ willingness to commit capital for future opportunistic investments
- Case studies on managing defaults and resolving issues
- Identifying which sectors and strategies are providing the most opportunities while avoiding more vulnerable opportunities
Moderator:
Ari Blaut, Partner and Co-Head of U.S. Credit and Leveraged Finance, Sullivan and Cromwell
Panelists:
Alex Popov, Head of Illiquid Credit Strategies, Carlyle
16:30 - 17:10
Closing keynote: LP fireside chat
End of day 1
17:10 - 19:00
Reception
Agenda
Day 2 - Thursday 22nd
Breakfast
08:00 - 09:00
LP think tank breakfast (Invitation only)
08:00 - 09:00
GP think tank breakfast (Invitation only)
Welcome
09:00 - 09:05
Chairperson’s remarks
Plenary sessions
09:05 - 09:35
Opening keynote
09:35 - 10:15
PDI investment committee: USA
Our PDI Investment Committee looks at three investment case studies from leading GPs across different regions in this unique interactive format.
Networking
10:15 - 10:45
Networking break
Plenary sessions
10:45 - 11:25
Diversity in private credit
Carolyn Hastings,
Rakesh (Rick) Jain
- Addressing diversity during the hiring process and structuring a pipeline to attract diversified candidates
- Initiatives, programming, and standardization of policies to retain talent
- Diversity and inclusion oversight and reporting
Panelists:
Carolyn Hastings, Managing Director, Private Credit Group, Bain Capital Credit
Rakesh (Rick) Jain, Global Head of Private Credit, Pantheon Ventures
11:25 - 12:05
Relative value opportunities across syndicated and private credit
Caroline Sandberg,
Kevin Lawi
- Convergence of the two markets
- Yield and liquidity comparison across the two markets and in the context of broader market conditions
Moderator:
Caroline Sandberg, Partner, Fried Frank
Panelists:
Kevin Lawi, Managing Director, Private Credit Portfolio Manager & Head of Origination of Credit Investment Group, Credit Suisse Asset Management
12:05 - 12:45
The case for specialty finance: Navigating exposure
Ed Cong,
Darius J. Mozaffarian
- Alternative credit strategies for strong capital protections
- The ability for compelling risk-adjusted returns
- Role of solutions-based financing, generally in support of economic development at state and local levels to help accelerate recovery
Panelists:
Ed Cong, Principal and Managing Director, Marathon Structured Credit
Darius J. Mozaffarian, Partner & Co-President, White Oak Global Advisors
End of day 2
12:45 - 13:30
End of conference & lunch
Hotel & venue
All conference sessions will take place at Convene.
We have also reserved a room block at the Kimpton Muse Hotel for attendees at a discounted rate.* To reserve your room at the hotel, please use the link below (room block code is M77) or call reservations at 1-800-KIMPTON and mention the Private Debt Investor New York Forum.
* The group rate is only available until August 30, 2022
Covid-19 precautions
At the Private Debt Investor New York Forum 2022, we want to ensure you can safely network with industry peers and participate in the in-person learning experience. As part of our commitment to safety and per Convene’s policies and New York’s safety guidelines, we are requiring all attendees to be fully vaccinated against Covid-19.
To enter the Forum, guests must provide a photo ID and at least one of the following forms of proof of full vaccination against Covid-19:
- State/city digital vaccine pass (g., New York Excelsior pass)
- Digital copy of your Center for Disease Control vaccine card
- Hard copy of your Center for Disease Control vaccine card
- International attendees can bring either a digital or hard copy of their official vaccination record for a Covid-19 vaccine administered outside the United States, including AstraZeneca/SK Bioscience, Serum Institute of India, COVISHIELD, Vaxzevria, Sinopharm, or Sinovac
We will NOT be accepting PCR tests, rapid tests, or one dose of Pfizer or Moderna. Masks are optional but recommended. PEI will be providing PPE including disposable masks, Clorox wipes, and hand sanitizer onsite.
Covid-19 policies are subject to change.
Questions
If you have any questions or concerns, please do not hesitate to reach out to our customer service team at +1 212 645 1919 or customerservices@peimedia.com.
Connect with private debt investors and fund managers
You won’t want to miss out on this must-attend event packed with in-person networking opportunities and an expansive community of private debt professionals who will be in attendance. Participate in networking sessions and meaningful discussions about industry trends and emerging opportunities to ensure you are at the forefront of the latest trends affecting your investment strategies. Plus, gain essential insights through conversations with experts about strategies for allocating funds to private debt and generating high returns.
Investors you will hear from and can meet at the forum include IMCO, AIMCo, CPPIB America, CDPQ, MetLife Insurance, Liberty Mutual Insurance, Royal Bank of Canada, Nationwide Insurance, Lombard Odier, and more.
Benefit from the return to in-person networking
Network in person in New York City
We are excited to welcome attendees back in person to mingle during networking breaks and have insightful discussions and brainstorming sessions.
Create invaluable connections
Form meaningful business relationships at the forum to build your network of knowledgeable and experienced contacts within the private debt sector.
Meet investors and fund managers
Take advantage of the unique opportunity to discuss allocation strategies and industry trends with top investors and asset managers engaged in private debt.