Middle Market CLOS and Direct Lending 2022 | DealCatalyst | 15 June 2022 | Pier Sixty, Pier 60, Chelsea Piers, New York, NY 10011, USA

Historically, CLOs have been predominantly collateralized by Broadly Syndicated Loans (BSLs). As of late, however, there has been a marked uptick in middle market CLOs. Fueled by capital in-flows and the introduction of new market lenders providing collateral, was a banner year for new issuance totaling nearly $19 billion. Volumes are expected to remain robust as Middle Market CLOs appeal to both managers and investors both as an area of diversification and as a structure that has shown resilience through the pandemic.

As an alternative to syndicated loans to fund small- to mid-market deals, direct lending activity by asset managers has similarly skyrocketed. As private debt matured, more lenders emerged. Institutional investors are increasingly attracted by higher yields, higher allocations, quicker execution, consistent risk-adjusted returns.

Hosted in partnership with the LSTA, this inaugural Middle Market CLO and Direct Lending conference provides an opportunity for the market to network and discuss these important trends in middle market financing. Our program is drafted in consultation with LSTA leadership, and the Middle Market CLO/Direct Lending Advisory Board, ensuring timely and relevant content. Sponsors will receive access to a secure virtual data room and electronic roadshow to showcase forthcoming deals or manager profiles with participants before, during, and after the event.

2022 Speakers

Bettina Baban
Managing Director, Investor Relations Audax Private Debt

Jessica Nels
Managing Director, Head of Capital Markets Churchill Asset Management LLC

Jay Ramakrishnan
Managing Director, Head of Originations and Founding Member
AB Private Credit Investors

MODERATOR

Chaitali Patel
Chief Impact Officer, 100 Women in Finance

Sohaib Naim
Director, Credit Financing BNP Paribas

Kevin Sunday
Managing Director, Asset Backed Finance

Brian Garfield
Managing Director, Lincoln International LLP

Nate Spanheimer
Partner Cadwalader, Wickersham & Taft

Prabu Soundararajan
Executive Director, Morgan Stanley

Alexandra Middleton
Director, Head of US CLO Structuring BNP Paribas

Nii Doodoo
Executive Director, Morgan Stanley

Chris Gilbert
Head of US CLO Banking, Natixis

PANELISTS

Joanne De Silva
Partner, Mayer Brown

Andy Frank
Partner, Managing Director Fortress Investment Group

Daniel Lepore
Managing Director and Head of Liability Management, PennantPark Investment Advisers

Lee Shaiman
Executive Director, Loan Syndication and Trading Association

Jade Friedensohn
Chief Executive Officer, DealCatalyst

Jerry van Koolbergen
Managing Director, Structured Credit DBRS Morningstar

Derek Miller
Managing Director, Fitch Ratings

Daniel Strong
Executive Director, Sumitomo Mitsui Banking Corporation

Bill Casperson
Managing Director and Co-Portfolio Manager, Oaktree Capital Management

Carey Davidson
Managing Director, Head of Capital Markets Monroe Capital

Stephan Kuppenheimer
Global Head of Capital Formation, Blackstone Credit

Meredith Coffey
Executive Vice President, Research & Public Policy Loan Syndications & Trading Association

Elliot Ganz
General Counsel and Co-Head of Public Policy, Loan Syndications and Trading Association

Elizabeth Hermann Smith
Partner, Mayer Brown

Michael Hadley
The Carlyle Group Managing Director and Head of Underwriting, Direct Lending

Dan Harris
Senior Director, Fitch Ratings

Mindy Naylor
Managing Director, Golub Capital

Elizabeth Legunn
Principal, Alternative Credit Ares Management

Ricky Li
Managing Director, Panagram

Michelle Liu
Structured Credit, KKR

Jerry DeVito
Managing Director, Head of Structured Products and Fund Finance Blue Owl Capital

Michael Herzig
Senior MD, First Eagle Alternative Credit

Kelli Marti
CLO Portfolio Manager, Churchill Asset Management LLC

Mark David
Head of Middle Market CLOs, GreensLedge

Eric Hudson
Senior Managing Director, Kroll Bond Rating Agency (KBRA)

Shan Lai
Senior Analyst, Moody's Investors Service

2022 Sponsors

LEAD SPONSORS:
• BNP Paribas
• FitchRatings Covenant Review
• Morgan Stanley
• NATIXIS Corporate and Investment Banking
• SMBC
• Wells Fargo

PARTNER SPONSORS:
• CADWALADER
• Dechert LLP
• Moody's
• Paul Hastings
• SchulteRoth&Zabel

ASSOCIATE SPONSORS:
• BofA SECURITIES
• MorningStar DBRS
• Finsight
• greensledge
• KBRA
• Lincoln Internarional
• MUFG
• usbank

EXHIBITOR SPONSORS:
• citadel SPV
• Winston & Strawn LLP