Monarch Beach Resort, Dana Point, CA
November 28, 2018 - November 30, 2018
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 2018.
11:00AM |
Exhibit Set-Up / Registration Desk Opens All confirmed pre-registered delegates must approach the Registration Desk to check in and pick up conference badges. Business Cards are required to retrieve badges. |
1:15PM |
Co-Chair Welcoming Remarks Jonathan Polansky, Managing Director-Structured Finance Surveillance, Moody's Investors Service Navneet Agarwal, Managing Director-Structured Finance Americas, Moody's Investors Service |
1:30PM |
Investing in CLOs for Family Offices & Pension Funds
Moderator
Aidan Canny, Managing Director, Global Head of Financial Institutions & Investment Managers, BNY Mellon
Panelists
Pim van Schie, Senior Portfolio Manager, Neuberger Berman Investment Advisers Steven Park, Principal, Executive Director, Alexandria Capital, LLC Joelle Berlat, Managing Director, Deloitte Tax LLP Christopher Desmond, Associate, Dechert LLP Peter Martenson, Partner, Eaton Partners |
2:15PM |
How Technology is Streamlining the Loan Trading Process
Moderator
Paul Livanos, Director, Virtus Partners, LLC
Panelists
John Borse, President and Founding Partner, Sky Road LLC Tim Ruxton, Director, Cortland Part of Alter Domus Group Nicolas Grenie, Managing Director, SS&C GlobeOp Craig Boardman, Managing Director, WSO, IHS Markit Marty Mulroe, President, Mariana Systems, LLC Kevin MacDonald, Co-Chief Executive Officer & Founder, Black Mountain Systems |
3:00PM |
CLO Hedges & Alternative Structures
Moderator
Sagar J. Patel, Associate, Seward & Kissel LLP
Panelists
Richard Tantone, Head of Bank Loan & HY Credit Financing, RBC Paul St. Lawrence, Partner, Cleary Gottlieb Steen & Hamilton LLP Gwen Collins, Executive Manager, Global Head of Issuer Services Product Management and Strategy, BNY Mellon Daniel Hartnett, Partner, Arnold & Porter |
3:45PM |
Document Erosion in the US Loan Market
Moderator
Michael Paladino, Head of US Leveraged Finance, Fitch Ratings
Panelists
Neha Khoda, VP & Leveraged Loan Strategy, Bank of America Merrill Lynch David Frey, Managing Director and Portfolio Manager, HPS Investment Partners, LLC Matt Maxwell, Portfolio Manager, Blackrock Jessica Reiss, Head of Leveraged Loan Research, Covenant Review A Fitch Solutions Service |
4:30PM |
The Current State and Outlook for the CLO Market
Moderator
Cyrus Moshiri, Vice President, Goldman Sachs
Panelists
Elaine Mah, Senior Vice President, U.S. Bank Al Remeza, Associate Managing Director, Moody’s Investors Service Kevin Kendra, Managing Director, Fitch Ratings Rishad Ahluwalia, Managing Director, Head of CLO Research, Richard Reilly, Jr., Partner, DLA Piper Christopher Duerden, Partner, Dechert LLP |
5:30PM |
Networking Cocktail Reception Join us and unwind with fellow industry professionals for refreshments & hors d’oeuvres. |
7:30AM |
Registration Desk Opens All confirmed pre-registered delegates must approach the Registration Desk to check in and pick up conference badges. Business Cards are required to retrieve badges. |
7:30AM |
Continental Breakfast Opens Spnonsored by: Thomson Reuters |
8:00AM |
Paul Burke, Managing Director, Head of Agency & Trust Sales - North America, Citibank, N.A. Lynda Lazzari, Managing Director, Deloitte & Touche LLP |
8:15AM |
Moderator
Jimmy Kobylinski, Senior Director, S&P Global Ratings
Panelists
Thomas Majewski, Managing Partner, Eagle Point Credit Management LLC Eric Schneider, Portfolio Manager – Structured Credit, Omega Advisors Edward Dale, Portfolio Manager and Managing Director, HPS Investment Partners, LLC Paul Nikodem, Managing Director, Head of US Securitized Products Research, Nomura Ken Brown, Managing Director, OFS Capital Management • Key Structural Features of the Deal
Moderator
George Lyons, Director, Structured Credit, Kroll Bond Rating Agency
Panelists
Alex Jackson, Chief Investment Officer, Nassau Corporate Credit Christopher Jackson, Senior Associate, Allen & Overy Eric Glyck, Head of US CLO Structuring, Barclays Eugene Ferrer, Partner, Paul Hastings LLP John Murphy, Associate, DLA Piper Jon Burke, Special Counsel, Milbank, Tweed, Hadley & McCloy LLP |
9:00AM |
Moderator
Ioana Barza, Head of Market Analysis, Thomson Reuters LPC
Penlists
Chris Padgett, Senior Vice President, Moody’s Investors Service Farboud Tavangar, CIO, LCM Asset Management LLC Dennis Gorczyca, Managing Director, Par-Four Investment Management, LLC Andrew Watt, Managing Director, Head of U.S. & Canadian Corporate Ratings, S&P Global Ratings
Moderator
Eric Hudson, Senior Managing Director, Structured Credit, Kroll Bond Rating Agency
Panelists
Serhan Secmen, Managing Director - Head of Structured Credit Portfolios, Napier Park Global Capital Robert Klein, President & Chief Investment Officer, Clarion Structured Credit Dan Ko, Principal and Portfolio Manager, Eagle Point Credit Management LLC Michael Pang, Portfolio Manager, Tetragon Financial Management LP Leonard Chung, Vice President, Goldman Sachs |
9:45AM |
Moderator
Amit Roy, Managing Director, Goldman Sachs
Panelists
Dan Sherry, Senior Vice President, Pinebridge Investments LLC Jason Friedman, Managing Director, Member of the Executive and Investment Committee, Marathon Asset Management Hans Christensen, Chief Executive Officer, MJX Asset Management LLC Paul Travers, Portfolio Manager, Onex Credit Partners LLC Andrew Gordon, Chief Executive Officer, Octagon Credit Investors, LLC Rizwan Akhter, CLO Portfolio Manager, York Capital Management Matt Andrews, Managing Director, Head of Capital Markets, Senior Portfolio Manager, CIFC Asset Management LLC Jim Wiant, Managing Director, MidOcean Credit Partners • Risk retention
Moderator
Peter Hallenbeck, Vice President-Senior Credit Officer, Moody’s Investors Service
Panelists
Dan Wohlberg, Vice President, Eagle Point Credit Management LLC Edmond Seferi, Partner, Morgan, Lewis & Bockius LLP Eddy Piedra, Vice President - Leveraged Loans, 40|86 Advisors Arthur Rublin, Of Counsel, DLA Piper Nicole Skalla, Partner, Paul Hastings LLP Lawrence Berkovich, Partner, Allen & Overy Paul St. Lawrence, Partner, Cleary Gottlieb Steen & Hamilton LLP |
10:30AM |
Networking Refreshment Break |
10:45AM |
• The latest and greatest in CLO structures and what new structural features to expect in 2019
Moderator
Robert Villani, Partner, Clifford Chance
Panelists
Nate Weber, Executive Director, Nomura Securities International Inc. Bhargav Jani, Senior Director-Financial Engineer, Moody’s Analytics Derek Miller, Managing Director, Fitch Ratings Jeffrey Burton, Associate Director, S&P Global Ratings John Nagykery, Vice President, ABS, Morningstar Credit Ratings • The Current State and the latest developments in Mezz CLO investing
Moderator
Steve Kahn. Managing Director, Mizuho Securities USA Inc.
Panelists
Batur Bicer, Managing Director, Napier Park Global Capital Michael Kinahan, Vice President & Portfolio Manager, Eaton Vance Management Leon Mogunov, Associate Managing Director, Moody’s Investors Service John Wu, Managing Director, Seix Investment Advisors LLC Adam Goldberg, VP, MidOcean Credit Partners Shivraj Bhushan, Executive Director, JP Morgan Worldwide Securities Services David Moffitt, Managing Director, LibreMax Capital, LLC |
11:30AM |
Moderator
Vicki Marmorstein, Partner, Latham & Watkins LLP
Panelists
Farboud Tavangar, CIO, LCM Asset Management LLC Robert Cohen, Director, Global Developed Credit, Doubleline Capital John Eanes, Managing Director, Kayne Anderson Capital Advisors Frank Longobardi, Portfolio Manager, Alcentra Lanny Epperson Jr., Senior Managing Director, Black Diamond Capital Management Kevin Braddish, President, Ivy Hill Asset Management • Current trends & market drivers – BWIC & trade volumes, liquidity & spreads
Moderator
Connor Buttner, Managing Director, Kanerai
Panelists
Chi Lee, Portfolio Manager, Structured Credit, 400 Capital Michael Pellerito, Managing Director, Solve Advisors Inc. Reggie Fernandez, Executive Director, Natixis Kamal Ramnani, Vice President, Secondary CLO, Goldman Sachs Pouya Minazad, CLO Trader, Brean Capital Hong Zhao, Senior Trader, Asset Back Products, Societe Generale Bryan Gonnella, CLO Trader, Guggenheim Securities, LLC |
12:15PM |
Networking Luncheon on the Pacific Lawn |
1:30PM |
Moderator
Kylie Duff, Executive Director, Morgan Stanley
Panelists
Collin Chan, CLO Strategist, Global Research, Bank of America Merrill Lynch Matt Shepard, Senior Vice President, Portfolio Manager, Shenkman Capital Management, Inc. Chris Saltaformaggio, Director, New York Life Investors Kashyap Arora, Managing Director, DFG Investment Advisers Justin Pauley, Senior Structured Credit Analyst, Brigade Capital Management Jonathan Tower, Managing Partner, Arctaris Impact Fund • Attracting investors to your platform
Moderator
Christine Ferris, Executive Director, J.P. Morgan
Panelists
Vincent Ingato, Senior Portfolio Manager, Zais Group, LLC TJ Unterbrink, Director – CLO’s, Carlson Capital, L.P. John Blaney, Portfolio Manager, Park Avenue Institutional Advisers LLC: A subsidiary of The Guardian Life Insurance Company John Eanes, Managing Director, Kayne Anderson Capital Advisors Mike Damaso, Partner, CBAM Jeremy Phillips, Partner, PwC Sean Solis, Partner, Milbank, Tweed, Hadley & McCloy |
2:15PM |
Join a panel of senior Corporate Rating analysts as they discuss what might happen in their sectors when the next downturn arrives, and, with several CLO market participants, what the implications are for CLO transaction performance. • How will the lack of “hard assets” affect recoveries for software companies?
Moderator
Stephen Anderberg, SF Sector Lead, S&P Global Ratings
Panelists
Naveen Sarma, Sector Lead for Media, S&P Global Ratings Diane Shand, Senior Director, Sector Lead for Consumer Products, S&P Global Ratings Arthur Wong, Sector Lead for Healthcare, S&P Global Ratings David Preston, CLO Researcher, Wells Fargo Marc Boatwright, Managing Director, AIG Investments Jonathan Insull, Portfolio Manager, Crescent Capital Group • How important in Equity Return as a measure of Manager Performance for Debt investors
Moderator
Paul Burke, Managing Director, Head of Agency & Trust Sales - North America, Citibank, N.A.
Panelists
Steve Vazquez, CLO Analyst, Wellington Management Dan Spinner, Portfolio Manager, Eagle Point Credit Management LLC Pratik Gupta, Executive Director, Nomura Securities International, Inc. Logan Lowe, Partner, Prophet Capital Peter Sallerson, Senior Director, Moody’s Analytics Rebecca Dorrian, Managing Director, Morgan Stanley |
3:00PM |
• Today’s Real Estate CLO Market
Moderator
Steven Kolyer, Partner, Clifford Chance
Panelists
Nik Chillar, Principal, Crescit Capital Michael Oliver, Vice President | New Business Development, U.S. Bank Deryk Meherik, Senior Vice President - Commercial Real Estate Finance, Moody's Investors Service Jill Clancy, Senior Manager, Structured Finance Advisory Services, EY Brennan Woods, Vice President, J.P. Morgan Paige Gaston-Thiery, Partner, Walkers Dan Vetter, Co-Founder, Chief Operating Officer, Money360 • How to handle and/or delegate tactical discretion between equity and debt
Moderator
Deborah Festa, Partner, Milbank, Tweed, Hadley & McCloy
Panelists
Dan Hayward, Managing Director, Ares Management, L.P. Scott D'Orsi, Managing Director, NewStar Capital Gil Tollinchi, Managing Director, Pretium Partners Lynn Hopton, Co-Founder, Managing Partner, HalseyPoint Asset Management |
3:45PM |
Networking Refreshment Break |
4:00PM |
Moderator
Timothy Walsh, Director, CLO Ratings, S&P Global Ratings
Panelists
Joe McCurdy, Senior Managing Director and Head of Origination, Guggenheim Partners Daniel Strong, Executive Director, Structured Finance Group, SMBC Nikko Securities America Inc. Michael Leitner, Managing Partner, Tennenbaum Capital Partners, LLC Kevin McLeod, Managing Director, Cerberus Capital Management Shiloh Bates, Managing Director, Flat Rock Global, LLC Patrick Quill, Partner, Chapman and Cutler LLP Ian Walker, Analyst, Covenant Review A Fitch Solutions Service John Walsh, Managing Director, Capital One
Moderator
Daniel McBride, Structured Finance Manager, KPMG
Panelists
Jonathan Insull, Managing Director, Crescent Capital Group, LP Olga Chernova, Portfolio Manager, Sancus Capital Management LP Meriç Topbaş, Director, BNP Paribas Neeraj Shah, Senior Manager, Advisory Services, EY John Wu, Managing Director, Seix Investment Advisors LLC Anthony Schexnayder, Head of Business Development, KopenTech, LLC Konstantin Kulev, Director, MUFG |
4:45PM |
• Looking back on 2018 and Forward to 2019
Moderator
Sean Griffin, Executive Director, Co-head Global CLO Primary, JP Morgan Securities LLC
Panelists
Ratul Roy, Head of CLO and Euro ABS Research, Citigroup Inc. Neil Servis, Chief Executive Officer, Serone Capital Management LLP Claire Bridcut, Associate, Milbank, Tweed, Hadley & McCloy Christopher Gilbert, Head of U.S. CLO Banking, Natixis Jim Stehli, Managing Director, Head of CLOs, Mizuho Securities USA Inc.
Moderator
Brock Brennan, Director, KPMG
Panelists
Justin Driscoll, CEO and Director, Gallatin Loan Management Chris Padgett, Senior Vice President, Moody’s Investors Service Damien Mount, PM, CIFC Sam DeRosa-Farag, Independent Consultant Melanie Hanlon, Managing Director, Napier Park Global Capital LLC |
5:30PM |
Networking Cocktail Reception Join us and unwind with fellow industry professionals for refreshments & hors d’oeuvres. |
8:00AM |
Continental Breakfast / Registration |
8:25AM |
Co-Chair Opening Remarks Dev Chatterjee, Managing Director-Structured Finance, Moody's Investors Service |
8:15AM |
Obstacles Faced by Smaller Managers
Moderator
John Nagykery, Vice President, ABS & CLO, Morningstar Credit Ratings, LLC
Panelists
Justin Driscoll, CEO and Director, Gallatin Loan Management Michael McAdams, Head of Global Business Development, RVX Asset Management, LLC Kenneth Kroszner, Portfolio Manager Structured Products, Littlejohn & Co. |
9:00AM |
Middle Market & Technology
Moderator
Shivan Bhavnani, Senior Editor - Middle Market Leveraged Loans, S&P Global Market Intelligence
Panelists
Max Blumenthal, Co-Founder and CEO, Fincura Jennifer Patrickakos, Managing Director, Head of Loan Operations, Brightwood Capital Advisors Eiman Abdelmoneim, Director of Product Management, Sky Road LLC |
9:45AM |
Crystal Balling the CLO Market – what lies ahead
Moderator
Medita Vucic, Director, BNY Mellon
Panelists
Philippe Jodin, Partner, Alegra Capital LTD Michael Xie, Senior Vice President, ABS, Morningstar Credit Ratings, LLC Lawrence Berkovich, Partner, Allen & Overy LLP Huub Mourits, Head Structured Finance & Capital Markets Services, TrustMoore Group William Tso, Director-Financial Engineering-ESA, Moody's Analytics |
10:30AM |
CLOS 2.0 • Current refinancing activity this year and how does it compare to last year?
Moderator
Scott Macdonald, Partner, Maples and Calder
Panelists
Seung Jae Keh, Vice President, U.S. Bank Leon Mogunov, Associate Managing Director, Moody’s Investors Service Craig Stein, Partner, Schulte Roth & Zabel LLP Jeffrey Burton, Associate Director, S&P Global Ratings Christopher Gilbert, Head of U.S. CLO Banking, Natixis Jonathan M. Phair, Director, Senior Structurer, Bank of America Merrill Lynch |
11:15AM |
Researcher’s Roundtable • How attractive are CLOs from a relative value perspective right now:
Moderator
James Manzi, Senior Director, Structured Finance Research, S&P Global Ratings Maggie Wang, Head of US CLO & CDO Research, Citi Global Market Johanna Trost, Associate, Morgan Stanley |
12:00PM |
Conference Concludes |
12:30PM |
Golf Tournament – Monarch Beach Golf Links – preregistration required |
Hotels | Rooms | Rates |
---|---|---|
DoubleTree Suites by Hilton Hotel Doheny Beach 34402 Pacific Coast Highway Dana Point, CA 92629 3 miles to Monarch Beach Resort |
SOLD OUT | |
Surf & Sand Resort 1555 South Coast Highway Laguna Beach, CA 92651 |
SOLD OUT | |
Monarch Beach Resort & Spa 1 Monarch Beach Resort Dana Point, CA 92629 |
SOLD OUT | |
Ritz Carlton 1 Ritz Carlton Dr. Dana Point CA 92629 |
SOLD OUT | |
Laguna Cliffs Marriott Resort & Spa 25135 Park Lantern Dana Point CA 92629 |
SOLD OUT |
Due to record attendance, our room blocks are sold out. If you would like to be put on a wait list, please contact Devon Bilyk at dbilyk@opalgroup.net.
Kindly click on the following link for alternate lodging options in the area:
https://www.visitlagunabeach.com/hotels/
See you soon!
Early Bird Rate (exp 9/15) | Standard Rate | |
---|---|---|
Investor* | - | $795 |
Issuer | - | $1,295 |
Standard | $1,995 | $2,495 |
*Subject to Opal Group’s verification and approval. Only individuals who are solely investing on their own behalf can be verified for a complimentary pass. Solution Providers or Fund Providers to 3rd parties will not be able to receive complimentary access. As investment portfolios/strategies are constantly changing, we reserve the right to re- verify past delegates for future complimentary passes.