Monarch Beach Resort, Dana Point, CA
December 4, 2016 - December 6, 2016
Opal Group is proud to present our CLO Summit. The CLO Summit is an educational forum designed for investors, issuers, underwriters, rating agencies, lawyers and accountants. At this conference, they can learn the newest techniques to maximize returns and reduce risk exposure in this growing area of Asset-Backed Finance. An in-depth review of recent regulatory changes in addition to rating agency methodology, legal, tax and structural considerations will provide attendees with the tools necessary to stay one step ahead of their competitors.
The conference will serve as an opportunity where a meaningful dialogue can be opened to address concerns regarding this dynamic segment of the market. This event promises to be the "must attend" CLO event of 2016.
11:00am |
Exhibit Setup / Registration |
2:30pm |
Opening Remarks Managing Director, Deloitte & Touche LLP Managing Director, Moody's Investors Service Managing Director, Moody's Investors Service |
2:45pm |
CLO HEDGES & ALTERNATIVE STRUCTURES
Moderator
Counsel, SEWARD & KISSEL LLP
Panelist
Managing Director, Macquarie Capital (USA) Inc.
Panelist
Partner, Kaye Scholer LLP
Panelist
Director, Cortland Capital Market Services
Panelist
Director, Citi |
3:30pm |
THE AAA CONUNDRUM, WHAT WOULD BREAK THE IMPASSE?
President, Prime II Management LLC Senior Vice President, Macquarie Four Corners |
4:00pm |
THE CURRENT STATE AND OUTLOOK FOR THE CLO MARKET
Moderator
Managing Director, Moody's Investors Service
Panelist
Partner & Managing Director, Fortress Investment Group
Panelist
Senior Director, Corporate Ratings, S&P Global Ratings
Panelist
Partner, DLA Piper LLP (US)
Panelist
Partner, Advisory, KPMG LLP |
5:15pm |
Cocktail Reception |
7:00am |
Breakfast |
8:00am |
Welcoming Remarks Managing Director, Deloitte & Touche LLP Managing Director, Moody's Investors Service Managing Director, Moody's Investors Service |
8:15am |
INVESTOR ROUNDTABLE
Moderator
Executive Director, Morgan Stanley
Panelist
Managing Director, Ares Management
Panelist
Portfolio Manager, Neuberger Berman Fixed Income
Panelist
President and Chief Investment Officer, Glacier Lake Capital Advisors
Panelist
Managing Member, Rion Capital HOW TO CONSTRUCT A CLO: BUILDING A PORTFOLIO AND NEGOTIATING DOCUMENTS
Moderator
Partner, Schulte Roth & Zabel LLP
Panelist
Sr. Director, New York Life Investment Mgmt, LLC
Panelist
Portfolio Manager, Sound Point Capital Management
Panelist
Partner, Ashurst LLP
Panelist
Vice President, Eagle Point Credit Management
Panelist
Vice President, Eagle Point Credit Management |
9:00am |
EVALUATING LEVERAGED LOAN MARKET PERFORMANCE AND DIRECTION
Moderator
Managing Director, U.S. Head Corporate Ratings, Fitch Ratings
Panelist
CFA, Managing Director, Senior Portfolio Manager, CIFC Asset Management
Panelist
Senior Director, Corporate Ratings, S&P Global Ratings
Panelist
Chief Executive Officer, MJX Asset Management LLC
Panelist
Managing Director, Member of the Executive Committee, Marathon Asset Management CLO EQUITY
Moderator
Vice President, CLO Syndicate, BNP Paribas
Panelist
Managing Director & Head of Structured Products, CIFC Asset Management
Panelist
Director, Structured Products Portfolio Manager, Credit Suisse Asset
Panelist
Managing Partner, Eagle Point Credit Management LLC
Panelist
Head of Investing, Medley
Panelist
VP, Goldman
Panelist
Executive Director, Morgan Stanley |
9:45am |
ISSUER ROUNDTABLE
Moderator
Head, CLO New Issue, Goldman Sachs
Panelist
Founding Partner and Senior Portfolio Manager, GoldenTree Asset Management, LP
Panelist
Principal and Head Trader, Kingsland Capital Management
Panelist
Vice President - Leveraged Loans, 40|86 Advisors
Panelist
Managing Director, NewStar Capital
Panelist
Chief Executive Officer, MJX Asset Management LLC
Panelist
Managing Director, MidOcean Credit Partners
Panelist
Global Head of Leveraged Loans, AXA Investment Management CLO MARKETS IN A REGULATED ENVIRONMENT
Moderator
Partner, Dechert LLP
Panelist
Partner, KPMG
Panelist
Independent Director Alpha Governance Partners LLC, formerly Federal Reserve Board
Panelist
Partner, Milbank, Tweed, Hadley & Mccloy LLP
Panelist
Partner, Morgan, Lewis & Bockius LLP
Panelist
Partner, Maples and Calder
Panelist
VP- Senior Analyst, Moody's Investors Service
Panelist
Managing Director, Virtus Partners, LLC |
10:30am |
Refreshment Break |
10:45am |
HOW TO ANALYZE STRUCTURAL FEATURES OF A CLO
Moderator
Director, BNY Mellon
Panelist
Managing Director, Fitch Ratings
Panelist
Partner, Ashurst
Panelist
Senior Vice President, Manager, Moody's Investors Service
Panelist
Senior Manager, Ernst & Young
Panelist
Executive Director, Mizuho Securities USA Inc. CLO MEZZ TRANCHES / OPPORTUNITIES AND RELATIVE VALUE
Moderator
Head of Structured Products Distribution, Mitsubishi UFJ Financial Group (MUFG)
Panelist
Managing Director, Napier Park Global Capital
Panelist
CLO Portfolio Manager, PineBridge Investments
Panelist
Portfolio Manager, Silverview Capital Partners
Panelist
Managing Director, Head of US Securitized Products Research, Nomura
Panelist
Managing Director, Seix Investment Advisors LLC |
11:30am |
VALUATION, ANALYSIS & COMMUNICATION: Recent Markets and Challenges of Valuation from both Intrinsic or Current Price Determination CLO Equity – valuation challenges, market observations and relative value
Moderator
Managing Director, NewOak
Panelist
COO & Co-Founder, DealVector
Panelist
Partner, KPMG SECONDARY CLO MARKET
Moderator
Head of CLO and Euro ABS Research, Citi
Panelist
Managing Director, Guggenheim Securities
Panelist
Associate, Morgan Stanley
Panelist
Vice President, Secondary CLO, Goldman Sachs |
12:15pm |
Lunch |
1:30pm |
RELATIVE VALUE IN THE CLO MARKET
Moderator
Managing Director, Wells Fargo Securities, LLC
Panelist
Managing Director, Senior Portfolio Manager, Structured Products, CIFC Asset Management
Panelist
Managing Director, Portfolio Manager, HPS Investment Partners, LLC
Panelist
Executive Director, Nomura Securities International Inc LAUNCHING A CLO PLATFORM
Moderator
Director, KPMG
Panelist
Senior Portfolio Manager, ZAIS Group, LLC
Panelist
CEO, MP Senior Credit Partners
Panelist
Associate Director, Cortland Capital Market Services
Panelist
Managing Director, Black Mountain Systems
Panelist
President, Mariana Systems
Panelist
Partner, Winston & Strawn LLP
Panelist
Managing Partner, Covenant Credit Partners
Panelist
Senior Vice President, U.S. Bank Global Corporate Trust Services |
2:15pm |
CLO MANAGERS ROUNDTABLE – STATE OF THE ART
Moderator
Partner, Latham & Watkins LLP
Panelist
Senior Managing Director, Black Diamond Capital Management
Panelist
Portfolio Manager, Onex Credit Partners LLC
Panelist
CEO & CIO, Octagon Credit Investors, LLC
Panelist
Senior Portfolio Manager, Alcentra
Panelist
Senior Managing Director & Co-Head Leveraged Debt Group, Columbia Threadneedle Investments MANAGER SCREENING AND EVALUATION – Comparing CLO Managers
Moderator
Senior Director - Financial Engineering, Moody's Analytics
Panelist
Portfolio Manager and Managing Director, HPS Investment Partners, LLC
Panelist
Director, DFG Investment Advisers
Panelist
Portfolio Manager, Eagle Point Credit Management LLC
Panelist
Partner, Dechert LLP
Panelist
Director, New York Life Investment Management
Panelist
Managing Director, Capital One Bank
Panelist
Managing Director, Crescent Capital Group |
3:00pm |
CLOS 2.0 Re-Pricings, Refinancings & Resets
Risk Retention
The Impact of oil and gas prices on CLO performance
What are some of the recent challenges in constructing and maintaining a CLO
Moderator
Managing Director, Deloitte & Touche LLP
Panelist
Senior Director, Analytical Manager, Structured Credit, S&P Global Ratings
Panelist
Of Counsel, Paul Hastings LLP
Panelist
Head of Capital Markets & Banking, Redding Ridge Asset Management
Panelist
Assistant Vice President, Jefferies LLC
Panelist
Managing Director, Mizuho Securities USA Inc.
Panelist
Partner, Walkers SUCCESSFUL CLO MANAGEMENT STRATEGIES AND STRUCTURES IN THE CURRENT ENVIRONMENT
Moderator
Managing Director, Fitch Ratings
Panelist
Senior Vice President, Crescent Capital Group
Panelist
Co-Head of Performing Credit and Senior Portfolio Manager, Apollo Global Management
Panelist
Managing Director, THL Credit SLS
Panelist
Managing Director, Kingsland Capital |
3:45pm |
Refreshment Break |
4:00pm |
BEST PRACTICES – OPERATIONAL ISSUES FOR MAINTAINING A CLO
Moderator
Senior Vice President, U.S. Bank
Panelist
Managing Director, Black Mountain Systems
Panelist
Managing Director, WSO Head of Strategy, IHS Markit
Panelist
Partner, Ernst & Young
Panelist
Managing Director, BNY Mellon TAX PLANNING FOR THE MANAGERS AND CLOS UNDER THE NEW PRESIDENT
Moderator
Partner, DLA Piper LLP (US)
Panelist
Executive Director, Ernst & Young
Panelist
Associate, DLA Piper LLP (US) |
4:45pm |
OPPORTUNITIES AND OBSTACLES IN THE EUROPEAN CLO MARKET
Moderator
Partner, Walkers
Panelist
Chief Executive Officer, Serone Capital Management LLP
Panelist
Partner, Milbank, Tweed, Hadley & McCloy
Panelist
Senior Director, Fitch Ratings
Panelist
Head of Credit, Carmignac |
5:30pm |
Cocktail Reception |
9:00am |
Breakfast |
10:10am |
Welcoming Remarks Managing Director, Deloitte & Touche LLP Managing Director, Moody's Investors Service Managing Director, Moody's Investors Service |
10:15am |
MIDDLE MARKET
Moderator
Director, Structured Credit, S&P Global Ratings
Panelist
Managing Partner, Tennenbaum Capital Partners LLC
Panelist
Managing Director, Star Mountain Capital, LLC
Panelist
Special Counsel, Milbank, Tweed, Hadley & McCloy LLP
Panelist
President, Cerberus Capital Management
Panelist
VP - Senior Credit Officer/Manager, Moody’s
Panelist
Director, Capital One |
11:15am |
RESEARCHER’S ROUNDTABLE
Moderator
Senior Director, Structured Finance Research, S&P Global Ratings
Panelist
Research Analyst, Deutsche Bank
Panelist
Vice President, Morgan Stanley Fixed Income Research
Panelist
Senior Managing Director, Guggenheim Partners
Panelist
Vice President, Nomura Securities International, Inc.
Panelist
Head of CLO and Euro ABS Research, Citi |
12:15pm |
Make the Media Work for You President & CEO, Olmstead Williams Communications |
12:30pm |
Conference Concludes |
12:30pm |
GOLF |
DoubleTree Suites Doheny Beach 34402 Pacific Coast Highway Dana Point, CA 92629 |
|
Standard Suites | $199 |
Laguna Cliffs Resort & Spa 25135 Park Lantern Dana Point, CA 92629 phone: (949) 661-5000 |
SOLD OUT |
The Ritz-Carlton, Laguna Niguel One Ritz-Carlton Drive Dana Point, CA 92629 phone: (949) 240-2000 |
SOLD OUT |
The Monarch Beach Hotel (formerly St. Regis Monarch Beach) | SOLD OUT |
Opal Group has secured overflow accommodations for attendees at the Ritz-Carlton, Laguna Niguel, Laguna Cliffs Resort & Spa and DoubleTree Suites. Continuous shuttle service will be provided between the hotels.
TRAVEL INFORMATION:
Opal Group is happy to provide our attendees with a special rate for car service to/from the airport. Best Worldwide Chauffeured Transportation has 24 hour service available. Opal Group’s special group rates include complimentary luggage assistance to and from the hotel. Please fill out this form and send back to the email address on the form. Flight information must be provided when reserving your transportation.
Don’t forget to mention Opal Group to receive the preferred group rate.
Best Worldwide Chauffeured Transportation
Website: http://www.bestchauffeured.com/
Email: groups@bestchauffeured.com
Telephone: 714.375.9128
SNA- John Wayne/Orange County Airport
Travel Time = 21 miles / 30 minutes
LGB-Long BeachAirport
Travel time = 41 miles / 1 hour
LAX- Los Angeles National Airport
Travel Time = 65 miles / 1 hour, 15 minutes
Standard Rate | |
---|---|
Standard Registration | $1,995 |
Issuer Registration* | $1,295 |
Investor Registration* | $795 |
*Subject to Opal Group's approval. Eligibility will be verified. First 100 Issuer and Investor registrations are complimentary.
Attendees Include:
Managing Partner, 3i Debt Management
Managing Director, 20 Gates Management
Vice President - Leveraged Loans, 40|86 Advisors
Portfolio Manager - Leveraged Loans, Aegon USA Investment Management Inc
Co-Portfolio Manager, Aegon Usa, Inc
Senior Portfolio Manager, Alcentra
Vice President, American Capital Ltd.
Managing Director, Angel Oak
Director, Angelo Gordon & CO
Vice President, Angelo Gordon & CO
Principal - Corporate Structured Credit, Apollo Capital Management
Investor Relations – Credit, Apollo Global Management, LLC
Co-Head Structured Products, APOLLO Credit Management
Senior Vice President, Ares Management LLC
Managing Director, Ares Management
Portfolio Manager- Partner, Ares Management LLC
Portfolio Analyst, Ares Management LLC
Partner and Portfolio Manager, Ares Management LLC
Managing Director, Ares Management LLC
CLO Analyst, Ares Management
Principal, Ares Management
Managing Director, Atalaya Capital Management
Managing Director, Babson Capital Management, LLC
CLO Trader/Analyst, Bayview Asset Management, LLC
Senior Managing Director, Benefit Street Partners, LLC
Director, Benefit Street Partners, LLC
Senior Managing Director, Black Diamond Capital Management
Analyst, Bluemountain Capital Management
Chairman, Boston Portfolio Advisors
Vice President & Portfolio Manager, Braddock Financial Corporation
Trader, Brigade Capital Management
Head of Structured Products, Business Development Corporation of America
Professor of Finance, Cal State Dominguez Hills
CEO, Canaras Capital Management
Senior Credit Analyst, Collateral Manager, Canaras Capital Management
Partner, Canyon Capital Advisors
Managing Director, Canyon Capital Advisors
Vice President, Canyon CLO Advisors
Portfolio Manager, Canyon CLO Advisors
Managing Director, Capital One Bank
Managing Director, Capital One
TBD, Capital One
Principal, The Carlyle Group
Managing Director, The Carlyle Group
Managing Director, CarVal Investors, LLC
Director, CarVal Investors, LLC
General Manager, Castlepines Global Equities Limited
Portfolio Manager, Chilmark Hill Capital
Portfolio Manager, The Chotin Group
Chief Investment Officer, The Chotin Group
Portfolio Manager, The Chotin Group
CIS Asset Management (Deutschland)
Senior Managing Director & Co-Head Leveraged Debt Group, Columbia Threadneedle Investments
Senior Managing Director and Co-Head, Leveraged Debt Group, Columbia Threadneedle Investments
Director of Portfolio Management and Research, Convergent Wealth Advisors
Art Cooper, COO, Cooper Family Office (SFO)
Analyst, Corbin Capital Partners
Managing Partner, Covenant Credit Partners
Vice President, Credit Suisse Asset Management
Director, Structured Products Portfolio Manager, CREDIT SUISSE ASSET MANAGEMENT
Portfolio Manager, Credit Value Partners
Vice President, Credit Value Partners
Managing Director, Crescent Capital Group
Senior Vice President, Crescent Capital Group
Managing Director and Head of Trading, Crescent Capital Group LP
Senior Managing Director, Crestline Denali Capital, L.P.
Director, Crestline Investors, Inc.
Partner, Senior Portfolio Manager, CVC Credit Partners
Research Analyst, Deutsche Bank
Managing Director, DFG Investment Advisors
Director, DFG Investment Advisers
Analyst, Doubleline
Portfolio Manager, Fixed Income Asset Allocation & Multi-Asset Growth, Doubleline
Portfolio Manager, Global Developed Credit, Doubleline Capital
Analyst, Doubleline
Director, Complex Asset Solutions, Duff & Phelps
Vice President, Eagle Point Credit Management
TBA, Eagle Point Credit Management
FVP & Assistant Treasurer, East West Bancorp Inc.
Analyst, Eaton Vance Investment Management
Vice President & Portfolio Manager, Eaton Vance Management
Senior Investment Manager, EOF Services (Asia)
Assistant Director, Board of Governors of the Federal Reserve System
Risk Management Specialist, Federal Reserve Bank OF Chicago
Partner & Managing Director, Fortress Investment Group
Associate, Freshfields Bruckhaus Deringer
CEO & CIO, Gapstow Capital Partners
Investment Analyst, Gapstow Capital Partners
Founding Partner and Senior Portfolio Manager, GoldenTree Asset Management, LP
Head of Loan Trading, GoldenTree Asset Management
Portfolio Manager, Goldentree Asset Management LP
Portfolio Manager and Director of Investments, Golub Capital
Managing Director, GSO / BLACKSTONE DEBT FUNDS MANAGEMENT LLC
Managing Director, GSO/Blackstone
Senior Managing Director, Guggenheim Partners
Managing Principal, Halcyon Loan Management LLC
MD & Portfolio Manager, Highbridge Principal Strategies, LLC
Senior Vice President, CLO Trading/Structuring, Highbridge Principal Strategies, LLC
CIO, Highbury Capital Management
President, Highbury Capital Management
CLO Trader, Highland Capital Management
Managing Director, Highland Capital Management
Head of Trading and Structured Products, Highland Capital Management
Managing Director, Highland Capital Management
Director, Highland Capital
HVS International
Managing Director, ICE Canyon LLC
CLO Analyst, Ice Canyon LLC
Director, Insight Investment
Head of Bank Loan Portfolio Management, Insight Investment
Managing Director, Intermediate Capital Group
Managing Director, Intermediate Capital Group
TBA, Intex
Vice President, IVP
CMBS Trading, Janney Montgomery Scott LLC
Managing Director, J.C. Flowers & Co. LLC
Principal, JCR Capital
TBA, Jefferies
Managing Director, JP Morgan Asset Management
Executive Director, J.P. Morgan Asset Management
President, Kawata Financial Group
Principal and Head Trader, Kingsland Capital Management
Trader, King Street Capital Management
Senior Managing Director, Kramer Van Kirk Credit Strategies
LCM Asset Management LLC
Senior Vice President, Lehman Brothers Holdings Inc.
Portfolio Manager, Littlejohn & Co
Global Investment Director, Lloyd Bancaire
Managing Director, Macquarie Capital (USA) Inc.
Director, Madison Capital Funding
Managing Director, Madison Capital Funding LLC
Portfolio Manager, Magnetar Capital
Co Head Fixed Income, Magnetar Capital
Vice President, Maples Fiduciary
Senior Vice President, Maples Fiduciary
Maples Fund Services
TBA, Maples
Managing Director, Co-Head of CLOs and Leveraged Loans, Marathon Asset Management
Trader, Marathon Asset Management
Global Managing Director, Medici Firma
Managing Director, Midocean Credit Partners
Portfolio Manager, Mizuho Alternative Investments
Chief Executive Officer, MJX Asset Management LLC
Research Head, Morningside Credit Partners
Chief Operating Officer, Morningside Credit Partners LLC
Advisor, Mountain Bridge Advisors
VP, MountainView IPS
CEO, MP Senior Credit Partners
Director, MUFG Union Bank
Portfolio Manager, MUFG Union Bank
Managing Director, MUFG Union Bank
Portfolio Manager, Napier Park Global Capital
Associate - Structured Credit, Napier Park Global Capital
Investment Professional, Nationwide Insurance
Managing Director, Neuberger Berman Fixed Income
Portfolio Manager, Neuberger Berman Fixed Income
Analyst, Neuberger Berman
CEO, NewOak Asset Management
Managing Director, NewStar Capital
Sr. Director, New York Life Investment Mgmt, LLC
Portfolio Manager & Partner, Oak Hill Advisors
AVP, Portfolio Analysis. Oaktree Capital Management, L.P.
SVP, Fund Accounting, Oaktree Capital Management
Analyst, Omega Advisors
Portfolio Manager – Structured Credit, Omega Advisors
Portfolio Manager, Onex Credit Partners LLC
Managing Director, Pacific Asset Management
Executive Director, Palmer Square Capital Management
CEO, Par-Four Investment Management, LLC
Managing Director, Par-Four Investment Management, LLC
EVP, Business Dev. & Capital Markets, Patch of Land
Partner, Paul Hastings LLP
Of Counsel, Paul Hastings LLP
TBA, Paul Hastings LLP
Quantitative Risk Analyst, Payden & Rygel
VP, Payden & Rygel
Chairman, Peer United
Structured Analyst, Penn Mutual Asset Management
Managing Director, Portfolio Manager, Penn Mutual Life Insurance
Managing Director, Perry Capital
VP, Perry Capital
Managing Director, Petra Capital Management
Senior Vice President, PIMCO
Managing Director, Leveraged Finance, PineBridge Investments
Vice President - Research Analyst, Leveraged Finance, Pinebridge Investments LLC
Managing Director-Head of Global Credit and Fixed Income, PineBridge Investments
Portfolio Manager, Pine River Capital Management
Portfolio Manager, Pioneer Investments
President, Prime II Management LLC
Senior Portfolio Manager, Princeton Advisory Group, Inc.
President & Chief Investment Officer, Princeton Advisory Group, Inc.
Principal, Redan Park Asset Management
Managing Director-Resource Capital Markets, Resource America
SVP, Rimrock Capital
Managing Member, Rion Capital
Co-Founder / Managing Member, Rion Capital LLC
Managing Director, SAVA c/o David Salz
Managing Director, Seer Capital
Managing Director/Principal, Seer Capital
Managing Director, Seix Investment Advisors LLC
Chief Executive Officer, Serone Capital Management LLP
CEO/CIO, SRA Asset Management
Director, SRA Asset Management
Managing Partner and CIO, Silverview Capital Partners
Analyst, Soros Fund Management
Portfolio Manager (Floating rate fund), Sound Point Capital Management,
TBA, Standard & Poor's Ratings Services
Managing Director, Star Mountain Capital, LLC
Chief Executive Officer & Investment Committee Member, Star Mountain Capital, LLC
Vice President, Stone Point Capital, LLC
Portfolio Manager, SVC Asset Management LLC
Portfolio Manager, TD Bank
Director, Credit Management, TD Securities
Managing Partner, Tennenbaum Capital Partners LLC
Structured Credit Analyst, Tennenbaum Capital Partners, LLC
VP Risk Management and Fund Operations, Tennenbaum Capital Partners LLC
Associate, Tennenbaum Capital Partners, LLC
Principal, Tennenbaum Capital Partners LLC
Managing Directors, THL Credit SLS
Managing Director- Co-Head, THL Credit SLS
Operating Director, TowerBrook Capital Partners
Senior Vice President, Trust Company of the West
Vice President, Trust Company of the West
SVP, Trust Company of the West
Vice President, TCW
Vice President - CLO Operation Manager, TCW
Managing Director, U.S. Fixed Income, Trust Company of the West
Senior Partner, Victory Park Capital
Portfolio Manager, Structured Finance, Voya Investment Management
Managing Director, Western Alliance Bank
President, West Gate Horizons Advisors LLC
Managing Director, West Gate Horizons Advisors
Director, West Gate Horizons Advisors LLC
Senior Portfolio Manager, ZAIS Group, LLC
Managing Director, ZAIS Group