Private Debt Forum 2018

New York Marriott Marquis, New York, NY
June 25, 2018

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What began as a middle-market funding alternative confined to Chicago is today a must-have alternative asset class totaling $600 billion in investor capital. The rise of private debt coincided with—and thrived as a result of—the Wall Street reform following the global financial crisis. But while the evolution and growth of private credit and direct lending can be mapped with relative ease, its definition and role in portfolio allocation is open to debate.

The Opal Group 2018 Private Debt Forum is not only a venue for unique access and firsthand insight into the product universe and people leading the fastest-growing market in the finance sector, but a bellwether for the future of the asset class and investment management industry.

Presented in a panel discussion series, the 2018 Private Debt Forum will feature senior level investment research and asset allocation personnel who will debate and explore the investment market for private credit and direct lending. NOTE: Panel discussion will follow a “talk show” format led by a moderator. Panelist use of Microsoft PowerPoint is prohibited.

Current as of June 25, 2018

7:00am

Exhibitor Set-up and Attendee Registration

8:00am

Continental Breakfast

9:00am

Market Analysis and Outlook

Is the value proposition dimming for the $600 billion private
debt asset class?

Moderator

Brandon Laughren, Chief Investment Officer, The Laughren Group (SFO)

Panelists

Ron Cordes, Cofounder, Cordes Foundation

Panelist

Lyle Minton, Chief Investment Officer, Keel Point LLC

Panelist

Shanta Chary, Director of Investment Operations, Orange County Employees’ Retirement System

9:45am

Private Real Estate Debt

Debt is the most prolific asset class in private equity real estate, with rebalancing and downside risk protection powering growth.

Moderator

Brian DeLucia, Managing Partner, Arrivato LLC (SFO)

Panelists

Kyle Gore, Managing Director, CGA Securities

Panelist

Kevin Higgins, Alternative Investment Portfolio Manager,
New Jersey Division of Investment

Panelist

Douglas Lyons, Managing Principal, Pearlmark Real Estate

10:45am

Attendee and Exhibitor Networking Break

11:00am

Venture Lending

Compared to Unicorn venture capital, venture lending might be an afterthought—just not an underperformer.

Featuring

John Girard, Trustee, City of Boca Raton Police & Firefighters' Retirement System

Jerry Michaud, President, Horizon Technology Finance

11:40am

Marketplace Lending in an Institutional Portfolio

From peer-to-peer market to global asset class, how market place lending can provide a panacea for institutional fixed income.

Presenter

Andrew Kerai, CFA, Portfolio Manager, Senior Credit Strategist,
RiverNorth Capital Management

12:00pm

Attendee Luncheon

1:15pm

Direct Lending

Collecting predictable interest from senior secured credit, offering refinancing to the middle market, direct lending is cheap, elastic and the go-to allocation in private debt.

Moderator

T.J. Kistner, CFA, CAIA, Director, Segal Marco Advisors

Panelist

Mike McGonigle, Managing Director, Audax Group

Panelist

Brian Reynolds, Managing Partner, Chatham Capital

Panelist

Wayne Ehgoetz, Sub-Advisor, Ninepoint Partners LP

Panelist

Jonathan Bergman, Managing Director, TAG Associates

2:15pm

Mezzanine

After consistently losing market-share to direct lending or the business development company trend, private mezzanine debt is back in vogue.

Moderator

John Agenbroad, Chairman, Inter-Local Pension Fund

Panelist

Kevin Coyne, Founding Partner, Canal Holdings

Fred Buffone, Principal, Freedom 3 Capital

Philip Curatilo, Principal, Seacoast Capital

3:00pm

Distressed

A lowered standard for borrowing and higher covenant lite lending is growing traditional distressed credit—and fueling fear of a market correction in private debt.

Moderator

Doug Watler, Trustee, Deerfield Beach Fire Pension

Panelist

Kevin Edwards, Senior Investment Director, Hartford HealthCare

Panelist

Mark Martinson, Managing Partner, Orox Capital Management

3:45pm

Attendee and Exhibitor Networking Break

4:00pm

LP-GP Workshop: Establishing a Private Debt Allocation

Moderator

Joe Sindelar, CFA, CAIA, Managing Partner, CrossBay Capital Partners

Panelist

Melanie Brensinger, Co-Founder, Managing Partner, Anagenesis Capital Partners

Panelist

Mark Johnson, CAIA, Senior Managing Director, Cliffwater

Panelist

Sean Greene, Managing Director, Siguler Guff

5:00pm

Cocktail Reception

1star
New York Marriott Marquis
1535 Broadway, New York, NY, USA
212.398.1900

King $329
Double/Double $329
*Room rates are subject to applicable state and local taxes (currently 14.75%) plus $3.50 Occupancy tax per room per night in effect at the time of check-out.
  • Rooms are available only to those participants who are registered conference attendees.
  • Rooms will not be guaranteed without a credit card.
  • Rooms are allocated on a first come first serve basis. Room types/rates are subject to availability.
  • The name on the form will be the name of the guest room.

Registration Pricing

Earlybird Rate II
(exp 4/30/18)
Standard Rate
Fund Manager / Service Provider $2,695 $2,895

Investment allocation from a corporate or pension fund, endowment or foundation, independent fee-only investment advisor or non-imbedded multifamily or single family office are permitted to attend with no cost, subject to Opal Group approval.

Sponsorship, Exhibition & Speaking Opportunities 212.532.9898 info@opalgroup.net
  • The origin and evolution of private debt, from pioneering firm Heller Financial to current nonbank lending
  • In-depth review of each major fund strategy—direct lending, distressed, mezzanine and venture
  • The role of private debt as a job creator for financial services
  • The potential for market deregulation and its impact on the asset class
  • Public Pensions
  • Corporate Pensions
  • Endowments
  • Foundations
  • Single and Multi-Family Offices
  • Private Debt Funds and Managers
  • Business Development Companies
  • Investment Advisors
  • Pension Fund Investment Consultants