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Informa
Oct 15
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8:00am - 9:00am 60 mins
Day 1
Coffee and registration
9:00am - 9:05am 5 mins
Day 1
Chair’s welcome address
  • Raelan Lambert - Managing Director, Pavilion Advisory Group
9:05am - 9:25am 20 mins
Day 1
2017/2018 Review Of The Year

A deal analysis of the last 12 months. How much capital is flowing into the private credit space/ How much capital has been raised and who is active in the small, middle & large market? What is the health of underlying companies?

  • Tom Carr - Head of Private Debt Products, Preqin
9:25am - 9:55am 30 mins
Day 1
Guest speaker: investment horizons and global financial markets

Examining whether global monetary policy stability can be maintained and continue to offset domestic and international political and economic volatility – how does this impact private equity/debt markets?

  • Danielle DiMartino Booth - Founder, Money Strong
9:55am - 10:25am 30 mins
Day 1
The macro-economic outlook – where are we in the credit cycle?

How does private credit fit in today’s competitive market? With strong economic health across the U.S. where is the industry searching for yield without sacrificing deal quality? What about rising interest rates? How is the industry looking at current and future allocations given private credit is untested in a stressed market?

  • Panellists Scottie Bevill - Senior Investment Officer – Global Bonds and Real Return, Teachers' Retirement System of the State of Illinois
  • Peter Labbat - Head of Credit, EC Partners
  • Tingting Zhang - President & Portfolio Manager, TerraCotta Group
9:55am - 10:25am 30 mins
Engaged Conversation
Engaged Conversation

Come and ask our guest speaker Danielle DiMartino Booth questions on her key-note.

  • Danielle DiMartino Booth - Founder, Money Strong
10:25am - 11:00am 35 mins
Day 1
LP perspectives on allocation to private credit (Chatham House Rule applies)

With returns compressing, deal structures being compromised, but leverage increasing and more competition for deals, what criteria are investors using to allocate into the space? What is the LP reaction to lenders who are issuing cov light & no cov loans. Balancing the risk vs return perspective


The Chatham House Rule applies. Closed to press. “When a meeting, or part thereof, is held under the Chatham House Rule, participants are free to use the information received, but neither the identity nor the affiliation of the speaker(s), nor that of any other participant, may be revealed.”

  • Moderator Rishi Chhabria - Principal, Campbell Lutyens
  • Panellists Mark Katz - Director, External Corporate Credit, Alternative Investments, Ontario Teachers' Pension Plan
  • Bill Sacher - Partner & Head of Private Credit Investments, Adams Street Partners
  • Drew Schardt - Managing Director and Global Head of Private Credit, Hamilton Lane
  • Robert Thompson - Senior Portfolio Manager – Credit, UPS Group Trust
11:00am - 11:30am 30 mins
Morning Networking Break
11:30am - 12:00pm 30 mins
Day 1
Portfolio Construction: Growth vs Risk

What strategies are managers and investors using to build their portfolio? Crafting covenants and structures; how do you benchmark performances? What is the ‘right’ number of managers? What other strategies are we seeing in the lower, upper and middle markets? Impact of invested capital vs committed

  • Moderator Raelan Lambert - Managing Director, Pavilion Advisory Group
  • Huy Cao - Director, Corporate Credit, CDPQ
  • Michael Zimmerman - Senior Managing Director, MC Credit Partners
12:00pm - 12:30pm 30 mins
Day 1
Assessing The Manager Landscape – Successful Strategies For Differentiation

What do LPs look for in choosing a manager and who are terms really getting worse for? What unique strategies do emerging managers bring to the market? Examining strategic partnerships and buy outs, sourcing, origination, investment and syndication processes to deliver a unique form of alpha

  • Aoifinn Devitt - Chief Investment Officer, Chicago Policemen's Annuity and Benefit Fund
  • Jeffrey Griffiths - Principal, Campbell Lutyens
  • Jess Larsen - Partner, First Avenue Partners
12:30pm - 1:00pm 30 mins
Day 1
What’s Next For Direct Lending?

With the market over heating, where are managers finding deals to put capital to work? Can the opportunity set stand the number of new entrants given a lot haven’t seen a downturn in the credit markets? With market pressure and competition on senior debt continuing to squeeze coupons down how much increased risk are managers are taking on while simply trying to maintain returns?

  • Moderator Tod Trabocco - Managing Director, Cambridge Associates
  • Mark Affolter - Partner, Ares Capital
  • Peter Antoszyk - Partner, Private Credit Group, Proskauer
  • John Christmas - Managing Director, HPS Investment Partners
  • Robert Radway - Founder, NXT Capital
1:00pm - 2:00pm 60 mins
Lunch
2:00pm - 2:30pm 30 mins
Day 1
Technology & Monitoring: Proactively Managing Your Credit Portfolio

Understanding reporting requirements, data, processes, analysis and the risk matrix given the source of funds are changing

  • James Cassady - Head of operations and compliance, Monroe Capital
  • Moderator Jeffrey Kramer - Principal, Mariana Systems
  • Gurvinder Singh - CEO and Co-Founder, Indus Valley Partners
2:30pm - 2:50pm 20 mins
Day 1
Is Mezz Challenged & Where Does It Fit?

How is it getting done, what is the risk/return profile or are we seeing mezz trending down the balance sheet?

2:50pm - 3:10pm 20 mins
Day 1
Interview: Non Correlated Strategies – Leaving No Stone Unturned In A Search For Yield
  • Brandon Laughren - Chief Investment Officer, The Laughren Group
  • Interviewer Mark Perry - Managing Director, Wilshire Private Markets
3:10pm - 3:40pm 30 mins
Day 1
Panel: Non Correlated Strategies – Leaving No Stone Unturned In A Search For Yield- Panel

Successfully sourcing non correlated opportunities to diversify your portfolio in a high rate environment – being ready for a downturn? Are investors committing or just browsing? Venture debt, royalties, life settlements and litigation finance – where are they on the risk/return

  • Moderator Heinz Blennemann - Principal, Blennemann Family Investments
  • Richard Fitzgerald - Co-Founder & Managing Partner, CapitalSpring
  • Bill Kirsch - Co-Founder, Costella Kirsch
  • Joshua Niedner - Co-Head Credit Opportunities, Vista Equity Partners
3:40pm - 4:10pm 30 mins
Day 1
Leverage & Subscription Lines: Where Are The Breaking Points?

How are funds leveraging and managing their exposure and risk? How are subscription lines being used? What do you sacrifice and gain? Looking at leverage structures, liabilities, return composition, cost and balance sheet; Disclosing returns on both a levered and unlevered basis – does transparency solve perceived problems?

  • Moderator Christopher Godfrey - Senior Partner, CEPRES
  • Joe Alala - Chairman and CEO, Capitala Group
  • Thomas Hall - Managing Director and Co-head of Private Credit Asset Management, Capdyn
  • Olga Kosters - Director, Stepstone Group
4:10pm - 4:40pm 30 mins
Afternoon Networking Break
4:40pm - 5:00pm 20 mins
Day 1
Investing In European Private Credit: Update From Across The Atlantic

Where is the opportunity set and deal flow? What are the characteristics of direct lending vs that in the U.S? Understanding regulatory regimes, insolvency processes, rights of borrowers and lending cultures in offer to assess of the viability of a jurisdiction

5:00pm - 5:30pm 30 mins
Day 1
Global Private Debt Strategies - Going Beyond The Borders

How do you approach a global allocation? Balancing returns and currencies in emerging markets Asia, South America, Africa

  • Gregory Bowes - Co-Founder & Managing Principal, Albright Capital Management
  • Clark Coffee - Head of Real Estate, Tyndaris
  • Chris Mikosh - Portfolio Manager & Co-Founder, Tor Investment Management
  • Moderator Kirk Rostron - Managing Partner, Mt. Vernon Capital
  • Alejandro Rodriguez - Partner, Kandeo Fund
5:30pm - 6:45pm 75 mins
Day 1
SuperReturn Private Credit 2018 Drinks Reception With Champagne Roundtable Discussions
  1. Middle market direct lending: vs other private credit asset classes
  2. Mezz and senior loans vs unitranche: Will mezz lose deals to unitranche? Or do the benefits of adding on investment and using leverage outweigh the risks?
  3. Understanding different cycles outside the U.S.: If the U.S. sneezes does Europe catch a cold?
  4. How are distressed and special sit funds filling a gap in portfolios? 
  5. Venture debt: Opportunities and risks and portfolio construction
  • Bill Kirsch - Co-Founder, Costella Kirsch
  • David Robbins, Monomoy Capital Partners
5:30pm - 6:45pm 75 mins
LP Only Pricing & Leverage Workshop
Pricing and leverage of private credit markets and how well GPs are creating value in current market conditions
  1. Review of transactions from over 600 funds with 8,000 plus deals encompassing $3.4 trillion private credit backed assets
  2. Detailed pricing and leverage study of specific sectors such as resurgent energy industry, health care robustness in difficult times and others
  3. Look through other fundamentals such as tranche pricing, liquidity, duration, default and more
  4. Private credit opportunities and challenges will be discussed via a thoughtful review of pre and post credit crisis, as well as current markets.
  • Vincent Marcoux - Senior Vice-President, Cepres
6:45pm - 8:45pm 120 mins
End Of SuperReturn Private Credit 2018 Day 1
Showing of Streams
Showing of Streams
Showing of Streams
11:00am - 11:30am

Morning Networking Break

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Showing of Streams
1:00pm - 2:00pm

Lunch

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Showing of Streams
4:10pm - 4:40pm

Afternoon Networking Break

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Showing of Streams
Showing of Streams
6:45pm - 8:45pm

End Of SuperReturn Private Credit 2018 Day 1

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