Alternative Investments, Virtual Events & Programming

3rd Annual Private Credit Outlook

November 19, 2020 | 1:00 PM - 5:00 PM

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Cvent Transition Guide

Overview

Deleveraging and newly imposed regulatory restrictions have hindered traditional bank lenders activity, and in turn restricted the capital available to many segments of the US and global economies. This has created a tremendous opportunity for alternative lenders to step in to fill the void. Attracted by the enhanced yield profile available in the private credit market, alternative lenders, such as specialty lenders, hedge funds, BDCs and other private pools of capital have helped to re-introduce market liquidity. Of course, the potential for attractive risk adjusted returns have also driven up the demand for private debt exposure from institutional investors, who are unable to meet objectives in a market that is otherwise devoid of yield. Yet the market for private credit is somewhat opaque and highly fragmented. As result, it is difficult for many market participants to determine optimal entry points.

Agenda

1:00 PM | WELCOMING REMARKS

Stephan Connelly, CFA, Director, Star Mountain Capital


1:05 PM | LPs / ALLOCATORS PANEL

Moderator

Leanna OrrDeputy Editor, Institutional Investor

Panelists

Trevor Castledine, ACA, Senior Director, Private Markets, bfinance

Jennifer Hartviksen, CFA, Managing Director, Global Credit, Investment Management Corporation of Ontario (IMCO)

Christopher M. Schelling, CAIA, Managing Director, Windmuehle Funds

Leslie Vargas, CFA, Vice President – Private Debt, Swiss Re

Robert Thompson, CFA, CAIA, Senior Portfolio Manager – Credit, UPS


1:45 PM | Q&A


2:00 PM | BREAK


2:15 PM | DIRECT LENDING PANEL

Moderator

Richard E. Farley, Partner and Chair, Leveraged Finance Group, Kramer Levin Naftalis & Frankel LLP

Panelists

Sean Connor, Managing Director, Owl Rock Capital

Stephen Edwards, Partner, ESO Capital

Stephen Paras, CFA, Managing Director and Investment Committee Member, Star Mountain Capital

Larry ZimmermanHead of Origination Private Debt, Benefit Street Partners


3:00 PM | Q&A


3:15 PM | BREAK


3:30 PM | SPECIALITY LENDING PANEL 

Moderator

Sylvia Owens, Managing Director – Global Private Credit Strategist, Aksia LLC

Panelist

Richard FitzgeraldCo-Founder and Managing Partner, CapitalSpring

Eva Shang, Co-Founder & CEO, Legalist

David Spreng, Chairman, CEO & CIO, Runway Growth Capital

Tod Trabocco, CFA, Director of Research and Strategy, ITE Management 


4:15 PM  | Q&A


4:30 PM | CLOSING REMARKS & ADJOURNMENT

Sameer Jagetia, CFA, Chief Executive Officer, CFA Society New York


4:35 PM | VIRTUAL COCKTAILS

Additional Details

Learning Outcomes

  • Understand the rise of private credit as an asset class.
  • Understand how asset owners use can use private credit within existing allocations or as a diversification tool for current portfolios as a new asset class.
  • Understand how managers are finding opportunities in a competitive market by use of size and scale as well as innovative and differentiated strategies.