Wednesday, April 10th, 2013
8:00 AM
Breakfast and Registration
10:49 PM
Pre- Conference Workshop: CLOs & Leveraged Loans 101
This workshop will provide attendees with a strong foundation by explaining the CLO structure, the definition of a leveraged loan, and other key fundamental concepts in the CLO sector.

SPEAKERS:

  • Debra Rappoport-Bigman, Partner (PWC)
  • Jeremy Phillips, Director (PRICEWATERHOUSECOOPERS)
  • Michael Abbate, Director (PWC)
  • Lynn Chin, Partner (PRICEWATERHOUSECOOPERS)
10:49 PM
Hosts' Welcome and Opening Remarks

SPEAKERS:

  • Jade Friedensohn, Senior Vice President, Conference Producer (IMN)
10:49 PM
Overview of the CLO Market: Outlook for Issuance and Trends Going Forward

SPEAKERS:

  • Steven Kolyer, Partner (CLIFFORD CHANCE US LLP)
  • Justin Plouffe, Managing Director (CARLYLE GROUP)
  • Peter Gleysteen, Chief Executive Officer (CIFC ASSET MANAGEMENT)
  • John Clements, MANAGING DIRECTOR (CITIGROUP)
  • Jason Powers, Managing Director (WELLS FARGO)
  • Amit Roy, Head of CLO Origination (GOLDMAN SACHS)
  • Algis Remeza, Senior Vice President, Structured Credit Primary Ratings (MOODY'S INVESTORS SERVICE)
  • Sajid Zaidi, Managing Director (MORGAN STANLEY)
10:49 PM
Managing a CLO Day-to-Day: A Look at Credit Selection: Manager Roundtable

SPEAKERS:

  • Kevin Sunday, Managing Director (WELLS FARGO)
  • Leland Hart, Managing Director & Portfolio Manager (BLACKROCK)
  • John Popp, Managing Director (CREDIT SUISSE ASSET MANAGEMENT)
  • Frederick Haddad, Partner & Senior Portfolio Manager (GOLDENTREE ASSET MANAGEMENT)
  • Robert Zable, Managing Director (GSO/BLACKSTONE DEBT FUNDS MANAGEMENT)
  • Gretchen Bergstresser, Senior Portfolio Manager (CVC CREDIT PARTNERS)
  • Bret Leas, Co-Head of Structured Credit (APOLLO CAPITAL MANAGEMENT)
10:49 PM
Networking Refreshment Break in Exhibit Area
Commence Concurrent Tracks “A” and “B”
12:05 PM Track A
Track A Legal and Structural Considerations: How to Effectively Analyze a CLO
- Improvements made from pre-2007 vintages; the 2013 CLO structure
- Fundamental vs. market evaluation
- Static vs. stochastic approaches
- Loan prices
- Manager behavior
- Key statistics and reporting

SPEAKERS:

  • John Timperio, Partner (DECHERT LLP)
  • Marc Boatwright, Chief Executive Officer/ Founder (COVENANT CREDIT PARTNERS)
  • Michael Loehrke, Co-Head and Portfolio Manager (GOLUB CAPITAL)
  • Joe Moroney, Head of Performing Credit (APOLLO GLOBAL MANAGEMENT)
  • Jian Hu, Managing Director (MOODY'S INVESTORS SERVICE)
  • Paul Burke, Managing Director | Agency & Trust - NA | Sales Head (CITIBANK, N.A.)
  • Chris D’Auria, Managing Director (DEUTSCHE BANK)
12:05 PM Track B
Track B: Assessing Underlying Leveraged Loan Market Performance and Credit Outlook

SPEAKERS:

  • Kevin Kendra, Managing Director (FITCH RATINGS)
  • Steve Vaccaro, Co-President, Chief Investment Officer (CIFC ASSET MANAGEMENT)
  • Donald Young, Senior Portfolio Manager (OCTAGON CREDIT INVESTORS)
  • Steven Oh, Managing Director, Global Head of Credit and Fixed Income (PINEBRIDGE INVESTMENTS)
  • Peter Acciavatti, Managing Director (JPMORGAN)
  • Chris Padgett, Senior Vice President (MOODY'S INVESTORS SERVICE)
  • Erik Falk, Member & Co-Head of Leveraged Credit (KKR ASSET MANAGEMENT)
10:49 PM
Delegate Luncheon
Commence Concurrent Tracks “A” and “B”
Track A: CLO Investment Strategies Track B: Regulatory Update, Researcher and Ratings Anlayst Perspectives
2:00 PM Track A
Track A: Finding Relative Value in CLO Investments: The AAA Investor Roundtable

SPEAKERS:

  • Matt Natcharian, CFA, Managing Director, Head of Structured Credit Investment (BABSON CAPITAL MANAGEMENT LLC)
  • Timothy Kroeber, Head of Credit Research (MEAG- NEW YORK)
  • Neil Desai, Portfolio Manager (PFIZER INC.)
  • Brian Juliano, Principal (PRUDENTIAL INVESTMENT MANAGEMENT)
  • Peter Sallerson, Structured Finance (MITSUBISHI UFJ SECURITIES (USA), INC.)
2:00 PM Track B
Track B: Regulatory and Accounting Challenges and Hurdles

SPEAKERS:

  • Craig Stein, Partner (SCHULTE ROTH & ZABEL)
  • Meredith Coffey, Executive Vice President of Research & Analysis (LSTA)
  • William Gray, Head of US (ASHURST LLP)
  • Ed Faccio, Partner (PWC)
  • Phoebe Moreo, Partner (DELOITTE & TOUCHE LLP)
  • Jocelyn Lynch, Managing Director (BNY MELLON)
  • John Hermle, Partner (KPMG LLP)
10:49 PM Track A
Track A: Assessing Opportunity in the Mezzanine CLO Tranche
- Profiling the investor
- Finding value in mezzanine and private debt markets
- Assessing private debt managers: considerations
- Where are the opportunities? How to find the sweet spot in the CLO structure

SPEAKERS:

  • Vivek Mathew, Executive Director (JP MORGAN SECURITIES LLC)
  • Amir Vardi, Director, Structured Products Portfolio Manager (CREDIT SUISSE ASSET MANAGEMENT)
  • Niraj Patel, Managing Director (GENWORTH)
  • Aaron Meyer, Principal (SILVERMINE CAPITAL MANAGEMENT)
  • Anton Lokhov, Vice President (GOLDMAN SACHS)
  • Tom Marx, CLO Portfolio Manager (AIG)
10:49 PM Track B
Track B: Research Analyst Perspectives: Finding Relative Value in the CLO Market

SPEAKERS:

  • Jon Wishnia, Partner (LOWENSTEIN SANDLER LLP)
  • Maggie Wang, Vice President (J P MORGAN SECURITIES LLC)
  • David Cao, Managing Director (DFG INVESTMENT ADVISERS)
  • David Preston, CLO Analyst (WELLS FARGO)
  • Ryan Asato, Director (BANK OF AMERICA MERRILL LYNCH)
  • Vishwanath Tirupattur, Managing Director (MORGAN STANLEY)
10:49 PM
Networking Refreshment Break in Exhibit Area
4:10 PM Track A
Track A: Exploring the Role of Equity in the CLO Sector: Equity Investor Roundtable

SPEAKERS:

  • Rehan Virani, Managing Principal (HALCYON LOAN MANAGEMENT LLC)
  • Thomas Majewski, Managing Partner & Founder (EAGLE POINT CREDIT MANAGEMENT)
  • Nishil Mehta, Principal (PROSPECT CAPITAL)
  • Joe Marconi, Portfolio Manager (GREYWOLF CAPITAL)
  • Serhan Secmen, Managing Director/Portfolio Manager (NAPIER PARK GLOBAL)
4:10 PM Track B
Track B: Global Emerging Markets CLO: Creating Alpha in the CLO Space

- EM/Global Credit Investment Value Proposition: Origination and Investing
-EM/Global CLOs: Where Science of Structure meets Art of Emerging Markets credit Investing
-Vanilla vs. EM CLOs: So close yet so far
-Alpha Creation across the Capital Structures: Value Investing from AAA to Equity

SPEAKERS:

  • Victoria Marmorstein, Partner- Finance (LATHAM & WATKINS)
  • Sajid Zaidi, Managing Director (MORGAN STANLEY)
  • Eric Schneider, Portfolio Manager (OMEGA ADVISORS INC)
  • Euan Marshall, Head, Mobilisation Coordination Unit (IFC)
  • Angela Kay, Portfolio Manager & Director of Product Management (ICE CANYON LLC)
  • Laya Khadjavi, COO - Head of Strategy and Business Development (ICE CANYON LLC)
5:00 PM Track A
Track A: Outlook for the European CLO and Leveraged Loan Market
- Will we see a resurgence in European CLO issuance that parallels the US? If so, what is the timeline for a return to robust activity?
- What are the fundamental differences from the US, and the major obstacles still facing the European CLO market?
- Regulatory concerns
- Assessing European investor appetite for euro-denominated CLO paper

SPEAKERS:

  • John Convery, Managing Director (GREENS LEDGE)
  • James Cuby, Credit Investments (INVESTEC)
  • Andrew Burke, Senior Portfolio Manager (CAIRN CAPITAL)
  • Andrew Bellis, Managing Director and Partner (3I DEBT MANAGEMENT)
  • Steven Paget, CDO Analyst (PRAMERICA INVESTMENT MANAGEMENT)
5:00 PM Track B
Track B: Middle Market CLOs

SPEAKERS:

  • Derek Miller, Senior Director (FITCH RATINGS)
  • Marc Steinberg, Managing Director (GUGGENHEIM SECURITIES)
  • Michael Mullins, Partner (WINSTON & STRAWN LLP)
  • Kelli O'Connell, Director (NXT CAPITAL)
  • Manish Kapoor, Managing Principal (WEST WHEELOCK CAPITAL)
10:49 PM
Day One of the 2nd Annual Investor’s Conference on CLOs and Leveraged Loans Concludes and Networking Cocktail Reception Commences Hosted by:

Thursday, April 11th, 2013
10:49 PM
Delegate Breakfast and Registration
Commence Concurrent Tracks “A” and “B”
Track A: Liquidity, Manager Selection and CLO Analysis, M&A Track B: Commercial Real Estate, Infrastructure Finance, and Total Return Swaps
9:00 AM Track A
Track A: Buying and Trading CLOs: Assessing Liquidity in the Secondary CLO Market

SPEAKERS:

  • Adnan Zuberi, Managing Director Bank Solutions & Credit Structuring (BNP PARIBAS)
  • Charles Arduini, Senior Analyst (ARES MANAGEMENT)
  • Taryn Leonard, Managing Director (BABSON CAPITAL MANAGEMENT)
  • Catherine Ng, Lead Evaluator (STANDARD & POOR'S SECURITIES EVALUATIONS, INC. )
  • Allen Fu, Global Head of CLO/CDO Trading (RBC CAPITAL MARKETS)
9:00 AM Track B
Track B: The Role of CLOs in Financing Commercial Real Estate
- Update on the resurgence of CRE CDOs/CLOs
- CRE market update
- New funding trends and structures emerging

SPEAKERS:

  • Robert Villani, Partner (CLIFFORD CHANCE US LLP)
  • Tim Groves, Director (CITI)
  • Gene Kilgore, Executive Vice President of Structured Securitization (ARBOR REALTY TRUST, INC.)
  • David Baranick, Partner (PWC)
  • Jeffrey Rotblat, Partner (CADWALADER, WICKERSHAM & TAFT LLP)
10:00 AM Track A
Track A: Hiring and Evaluating a CLO Manager

SPEAKERS:

  • Aashh Parekh, Managing Director, Head of Structured Finance Research (TIAA-CREF)
  • Eli Cohen, Principal, Head of Alternative Investments (GENTRUST WEALTH MANAGEMENT, LLC)
  • Andrew Jacobs, Director (MOODY'S ANALYTICS)
  • Yvonne Stevens, Senior Managing Director and Co-Head, Leveraged Debt Group (COLUMBIA MANAGEMENT)
  • Edwin Wilches, Portfolio Manager (PRUDENTIAL FIXED INCOME)
  • Steven Park, Managing Director (DEUTSCHE BANK)
10:00 AM Track B
Track B: Launching a CLO Platform: Assessing Strategy and Challenges
- Attracting equity and debt investors
- Getting traction with arranging banks and loan agents
- Infrastructure requirements

SPEAKERS:

  • David Powar, Managing Director (GREENSLEDGE CAPITAL MARKETS LLC)
  • Tom Kramer, Senior Managing Director (KRAMER VAN KIRK CREDIT STRATEGIES)
  • David Schmuck, Senior Portfolio Manager (BMO GLOBAL ASSET MANAGEMENT)
  • Tim Houghton, Managing Director (CORTLAND CAPITAL)
  • Dan Spinner, Portfolio Manager (EAGLE POINT CREDIT MANAGEMENT)
  • Ian Rasmussen, Senior Director (FITCH RATINGS)
  • Levoyd Robinson, Managing Principal (CHICAGO FUNDAMENTAL INVESTMENT PARTNERS)
11:00 AM
Refreshment Break
10:49 PM Track A
Track A: Tools for Conducting Investor Analysis and Pricing/Valuation Considerations

SPEAKERS:

  • Luis Amador, Managing Director (MOODY'S ANALYTICS)
  • Jason Oster, Senior Pricing Analyst (S&P CAPITAL IQ)
  • Mark Betteridge, Global Product Manager (BLOOMBERG)
  • Marc Boatwright, Chief Executive Officer/ Founder (COVENANT CREDIT PARTNERS)
10:49 PM Track B
Track B: Innovative CLO Structures for Infrastructure Finance
- Can CLO Technology be applied to facilitate infrastructure finance? If so, how would the master trust be structured?
- Comparing infrastructure debt to leveraged loans as an underlying asset class: similarities, differences
- CLO technology as a means of de-leveraging the balance sheet to facilitate infrastructure lending for economic growth and development

SPEAKERS:

  • Peter Nagykery, Managing Partner (PRIME II MANAGEMENT)
  • Jay Grushkin, Partner (MILBANK, TWEED, HADLEY & MCCLOY LLP)
  • Edward Gustely, Managing Director (PENIDA CAPITAL ADVISORS LTD)
12:10 PM Track A
Track A: Outlook for M&A Activity in the CLO Sector

SPEAKERS:

  • Ross Van der Linden, Managing Director (STORMHARBOUR)
  • Christopher Allen, Senior Managing Director (CVC CREDIT PARTNERS)
  • Paul Travers, Portfolio Manager (ONEX CREDIT PARTNERS)
  • Michael Herzig, Managing Director (THL CREDIT)
12:10 PM Track B
Track B: The Resurgence of the Total Return Swap as an Investment Alternative in the Loan Market
- TRS as an alternative means of investor exposure to the loan market vs. direct CLO investment
- Relative value of TRS in terms of flexibility vs. direct CLO investing
- The various risk return profiles and tenures that can be achieved via a TRS

SPEAKERS:

  • Neil Weidner, Partner (CADWALADER, WICKERSHAM & TAFT LLP)
  • Jeffrey Barnes, Director - TRS (BANK OF TOKYO MITSUBISHI / UNION BANK)
  • Will Lloyd, Vice President (BANK OF AMERICA MERRILL LYNCH)
  • Michael O'Brien, Partner (WINSTON & STRAWN LLP)
  • Nicholas Bozzuto, Head of Complex Prime Finance - Americas (DEUTSCHE BANK)
1:00 PM
The 2nd Annual Investor’s Conference on CLOs and Leveraged Loans Concludes
Event Contacts
Senior Vice President, Conference Producer
Jade Friedensohn
(212) 901-0560
jfriedensohn@imn.org
Investor and Issuer Relations
Caitlin Fitzpatrick
(212) 224-3530
caitlin.fitzpatrick@imn.org
Head of Sales - Structured Finance
Chris Keeping
(212) 901-0533
ckeeping@imn.org
Head of Conference Planning & Sponsorships
Ashley Hofmann
(212) 901-0562
ahofmann@imn.org
Hotels
W New York - Downtown

123 Washington Street @ Albany St.
New York, NY, 10006


IMN does not have a group rate at this hotel.

Phone: 646-826-8600
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Marriott New York Downtown

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New York, NY, 10006


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Phone: 877-513-6305 or 800-266-9432
Website: http://www.marriott.com/hotels/travel/nycws-new-york-marriott-downtown

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