Overview
The Alternative Credit Council (ACC) is pleased to be returning to New York for our second US private credit Summit.
The 2018 Summit brought together over 200 attendees from the private credit lending space representing a breadth of strategies and viewpoints on the current market.
This year’s Summit will focus on the growth and success challenges for private credit in 2020 and beyond. The event will take place at Convene, 75 Rockefeller Plaza and will provide private credit managers, investors, service providers and regulators the opportunity to discuss the future of private credit as this market continues to grow.
This event is off the record.
DATEWednesday, November 20 2019 |
VENUEConvene |
Agenda
07:45 - 08:45
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Diversity and inclusion breakfast With discussions about the importance of D&I taking place in every boardroom, this breakfast will focus on practical solutions for private credit mangers across the following topics:
This breakfast is by invite only. If you would like to attend but have not yet registered, please email [email protected]. |
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08:30 - 09:00 | Registration & refreshments | ||
09:00 - 09:05 | Welcome remarks - Kenneth Young, Partner, Dechert LLP | ||
09:05 - 09:20 |
Presentation: Latest ACC research - Financing the Economy 2019 Jiří Król, Global Head, Alternative Credit Council |
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09:20 - 10:05 |
Panel 1: The next decade for private credit |
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10:05 - 10:35 | Coffee break |
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10:35 - 11:20 | Panel 2 - How sustainable is private credit? Concerns about non-bank lending and its impact on the real economy during a downturn have reached unprecedented levels. Initially focused on the leveraged loan markets and CLOs, there is now a broader discussion about asset managers’ participation in credit markets. Policy makers continue to point to inadequate transparency in the markets and the deterioration in underwriting standards as worrying signs of potential future problems that could translate to more than just the usual credit contraction. Are these concerns justified and what can the manager community do to address some of the challenges put before us? Speakers: • Ted Berg, Senior Financial Analyst, Office of Financial Research • Joseph Glatt, General Counsel, Apollo Capital Management, L.P. • Peter Swanson, Senior Trader and Portfolio Manager, Intermediate Capital Group Moderator: Michael Peterson, Head of Capital Solutions, Citco Fund Services |
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11:20 - 12:05 |
Panel 3: Carving your niche Moderators: Nick Smith, Director, Private Credit |
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12:05 - 12:55 | Lunch & networking | ||
12:55 - 1:40 |
Panel 4: The impact of institutional capital |
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1:45 - 3:00 |
Breakout session 1 Fund structuring for credit funds by Clifford Chance Review of typical private credit fund structuring considerations and how to adapt fund structure to investors’ expectations and investment strategies. |
Breakout session 2 Australian Insight by Perpetual Australia is the world’s fourth largest pension market with US$1.6 trillion under management. This pool of assets is growing at a very fast pace and is diversifying away from domestic assets. Credit strategies are finding a large audience in the local market as income starved investors worried about buying stocks in a mature market look for returns not correlated to equities. At the same time the alternative credit market has grown strongly (and is following the US trend where 80% of corporate funding comes from capital markets and non-banks) |
Breakout session 3 Tax update by Foley & Lardner LLP US tax issues faced by non-US investors in US credit funds, US tax mitigation strategies for such investor, and institutional investor market practice regarding US tax risks |
3:00 - 3:20 | Coffee break | ||
3:20 - 4:05 |
Panel 5: Capital Raising - US v International |
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4:05 - 4:50 |
Panel 6: How Sustainable is ESG? Moderator: Michelle Noyes, Managing Director, Head of Americas, AIMA |
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4:50 - 5:00 |
Closing remarks Dan Forbes, Executive Director, DMS Governance |
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5:00 - 6:00 | Networking reception |
Speakers
Andrea Ash |
Andrew Lockhart |
Caroline Lovelace |
Cedric Zunino |
Daniel Forbes |
Derek Delaney |
Elissa von Broembsen-Kluever |
Gaudenzio Bonaldo Gregori |
Jay Alicandri |
Jiří Krol |
Jon Fox |
Joseph Glatt |
Kenneth E. Young |
Majlinda Kamberi |
Mathieu Chabran |
Mei-Li da Silva Vint |
Michael Haynes |
Michael Peterson |
Michelle Perry |
Peter Salvage |
Ramesh Kashyap |
Rod Lockhart |
Samantha Rosenstock |
Sean Duff |
Ted Berg |
Thierry Adant |
Tod Trabocco |
Financing the Economy
The ACC will be launching the 5th edition of our annual Financing the Economy research at the Summit. To mark the 5th anniversary of this seminal research series, the ACC has interviewed 25 leading industry figures on the key growth challenges for their businesses and potential market headwinds. Their on-record comments will be revealed exclusively at the Summit alongside data gathered from our global survey of private credit managers.
Diversity and Inclusion Breakfast
In advance of the Summit, the ACC will be hosting a diversity and inclusion breakfast in the venue. The objective of the breakfast is to bring together leading industry figures to reflect on the importance of diversity and inclusion in private credit and to understand how the ACC can support positive change. We will also discuss issues related to lending to minority owner/women owned businesses and associated policies which are being developed in this area by governments.
This breakfast is by invite only. To register your interest, email [email protected].
Sponsors
Are you interested in sponsoring the Alternative Credit Council Summit - New York?
We have a vast range of sponsorship packages available that will be sure to suit your company requirements and raise your profile amongst industry experts.
For further information or to receive event sponsorship packages, please email Dawn Angley [email protected].
Registration
REGISTRATION HAS NOW CLOSED. If you are interested in attending, please email [email protected]
Prices:
*AIMA and ACC members – Complimentary
*Places may be limited to one complimentary place per firm due to capacity constraints and are not automatically approved. The cost per additional place is $150
Regulators - Complimentary
Institutional investors - Complimentary
Non-members - $495