Creditflux CLO Symposium 2023
Our flagship event returns in May 2023
The Landmark, 222 Marylebone Road, London
The CLO Symposium returns!
Event highlights
Reasons to attend:
1
Stay ahead of the latest trends, collect all the viewpoints to help you confront market challenges and position yourself for the next evolution in the CLO market.
2
Hear prominent speakers share their insights on the European and US market outlook, secondary trading, mid market CLOs and more!
3
In the tight-knit CLO community connections are everything. Take advantage of networking opportunities throughout the day to meet with 600+ investors, managers and arrangers.
Sponsors
Bank of America
https://business.bofa.com/content/boaml/en_us/home.html“What would you like the power to do?”
At Bank of America, we ask this question every day of all those we serve. It is at the core of how we live our values, deliver our purpose and achieve responsible growth. By asking this question, we continue to learn what matters most to our clients, our employees and our shareholders. It helps us start a conversation centered on our commitment to use our capabilities to help those we serve be successful. Because we recognize that we can only be successful when the individuals, companies, communities and employees we serve are able to reach their vision of success.
Barclays
https://home.barclays/Barclays is a British universal bank. We are diversified by business, by different types of customer and client, and geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group.
For further information about Barclays, please visit our website www.barclays.com
BNP Paribas
https://cib.bnpparibas/BNP Paribas Corporate and Institutional Banking (CIB) is a globally recognised leader offering tailored financial solutions for corporate and institutional clients, including capital markets issuance, securities services, financing, treasury, advisory solutions, risk management and hedging. By matching the financing needs of companies with the investment opportunities sought by institutional investors, BNP Paribas CIB’s financial solutions create value while contributing to the financing of the economy.
Cadwalader, Wickersham & Taft LLP
https://www.cadwalader.com/Cadwalader, Wickersham & Taft is proud of 225 years of service to many of the world's most prestigious institutions. With more than 350 attorneys in its offices in New York, London, Charlotte and Washington, the firm offers clients innovative solutions to legal and financial issues in a wide range of areas. With a Creditflux No. 1 Europe position as CLO Arranger's Counsel and a market leader as CLO Manager's Counsel, Cadwalader's securitisation and structured finance team is an acknowledged legal industry leader in the creation and structuring of securitisations, derivatives, synthetic securities, and other structured finance products. It represents issuers, underwriters and collateral managers in CLO transactions and related product types, and have extensive experience with both "cashflow" and synthetic total return structures as well as risk retention funds. Cadwalader has acted as deal counsel in CLO transactions since the inception of the CLO market. The team has assisted clients in bringing hundreds of such transactions to market, closing over 60 in 2019, valued at over €25 billion.
To find out more about Cadwalader’s CLO team and work click here.
Citi
https://www.citigroup.com/citi/Citi provide world-class financing solutions that are as diverse as the needs of the consumer, corporates, institutions, governments, and individual investors they serve in 160 countries and territories. The breadth, depth, and strength of their underwriting, sales and trading, and distribution capabilities span asset classes and currencies, sectors and industries, covering a vast array of products. Their research and analysis offer the highest-quality corporate, sector, economic, and geographical insights - from equity and fixed income research to market and product analysis - helping individual and institutional clients navigate a complex global marketplace. Citi’s Issuer Services is a business line within Citi Institutional Client Group that supports the issuance and administrative needs of global institutional clients through two key business segments, namely Agency and Trust and Depositary Receipt Services. Citi’s Issuer Services is a leading provider of transactional services with a unique blend of experience, global reach and superior services. The Agency and Trust business administers in excess of $4 trillion in fixed income and equity investments on behalf of over 3,000 clients worldwide. The Depositary Receipt Services supports over 250 programmes and helps companies connect to new markets and raise capital worldwide.
Dechert
https://www.dechert.com/Dechert is a trusted advisor to some of the largest asset managers in the collateralized loan obligation (CLO) space, advising clients on their most complex strategies. Dechert is a true “buy-side” law firm focused on representing asset managers in the areas most relevant to their rapidly evolving business needs. We serve a diverse global client base including some of the most prolific CLO underwriters (major investment and commercial banks) and largest asset managers and equity investors.
We recognize many of our client’s needs are inextricably linked, requiring both legal and business insights to achieve results. Dechert’s global platform includes a multidisciplinary team with a broad array of expertise for asset managers and specialty finance companies pursuing credit platforms. As outside counsel, we deliver a complete range of services ranging from formation, operation and compliance of CLO platforms to securitization transactions and risk retention capital formation strategies.
Our top-ranked securitization, investment adviser and fund lawyers also have earned us a leading market position in the representation of issuers, placement agents, collateral managers and equity investors in CLO transactions, including middle-market balance sheet CLOs and broadly syndicated arbitrage CLOs in the United States and Europe.
Dechert is not only one of the most active law firms in the CLO market, but also one of the most distinguished, having received “best law firm” recognition from legal and industry publications including Global Capital, Creditflux, Chambers and Partners, and The Legal 500.
Deutsche Bank
https://www.db.com/indexDeutsche Bank provides commercial and investment banking, retail banking, transaction banking, and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. Deutsche Bank is Germany’s leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.
The Bank’s Trust and Agency Services business provides a suite of solutions tailored to support requirements for mergers and acquisitions, complex securitisations, project finance, syndicated and bilateral loans, debt exchanges and restructuring, in addition to term debt and commercial paper issuances. Its extensive offerings across the debt and equity capital markets include trustee, agency, escrow, document custody and depositary receipts.
Talk to us today about our M&A paying agent solution Escrow Direct that streamlines the Letters of Transmittal (LOT) distribution and collection process, provides faster payments to shareholders and real time monitoring.
DLA Piper
https://www.dlapiper.comDLA Piper is one of the largest global law firms with lawyers located in more than 40 countries/90 offices throughout the Americas, Europe, the Middle East, Africa and Asia Pacific including Japan positioning us to help clients with their legal needs around the world.
We strive to be the leading global business law firm by delivering quality and value to our clients.
We achieve this through practical and innovative legal solutions that help our clients succeed. We deliver consistent services across our platform of practices and sectors in all matters we undertake.
Our clients range from multinational, Global 1000, Fortune 500 and the Tokyo Stock Exchange listed enterprises to emerging companies developing industry-leading technologies. They include more than half of the Fortune 250 and nearly half of the FTSE 350 or their subsidiaries. We also advise governments and public sector bodies.
Fitch Ratings
https://www.fitchratings.com/Fitch Ratings is a leading provider of credit ratings, commentary, and research. Dedicated to providing value beyond the rating through independent and prospective credit opinions, Fitch Ratings offers global perspectives shaped by strong local market experience and credit market expertise.
Fitch Group is a global leader in financial information services with operations in more than 30 countries. Fitch Group is comprised of: Fitch Ratings, Fitch Solutions, Fitch Learning and Sustainable Fitch. With dual headquarters in London and New York, Fitch Group is owned by Hearst.
For additional information, please visit fitchratings.com.
Jefferies
https://www.jefferies.com/Jefferies Group LLC is the largest independent, global, full-service investment banking firm headquartered in the U.S. Focused on serving clients for nearly 60 years, Jefferies is a leader in providing insight, expertise and execution to investors, companies and governments. Our firm provides a full range of investment banking, advisory, sales and trading, research and wealth management services across all products in the Americas, Europe and Asia. Jefferies Group LLC is a wholly-owned subsidiary of Jefferies Financial Group Inc. (NYSE: JEF), a diversified financial services company.
J.P. Morgan
https://www.jpmorgan.com/J.P. Morgan’s Corporate &Investment Bank is a global leader across banking, markets and securitiesservices. The world’s most important corporations, governments and institutionsentrust us with their business in more than 100 countries. With $27 trillion ofassets under custody and $607 billion in deposits, the Corporate &Investment Bank provides strategic advice, raises capital, manages risk andextends liquidity in markets around the world. Further information about J.P.Morgan is available at www.jpmorgan.com.
Kroll Bond Rating Agency
https://www.kbra.com/KBRA LLC, is a global full-service rating agency with a mission to set a standard of excellence and integrity. Established in 2010, KBRA remains dedicated to the restoration of trust in credit ratings by creating new standards for assessing risk and offering timely and transparent ratings.
At KBRA, we value new ideas and are wary of conventional thinking that stifles innovation. Collaboration across our teams is key to our success. We also strive to provide products and tools put forth by our KBRA Analytics group to assist the market in making more informed decisions.
Natixis
http://cib.natixis.com/home/Natixis is a French multinational financial services firm specialized in asset & wealth management, corporate & investment banking, insurance and payments. A subsidiary of Groupe BPCE, the second-largest banking group in France through its two retail banking networks, Banque Populaire and Caisse d’Epargne, Natixis counts over 16,000 employees across 36 countries. Its clients include corporations, financial institutions, sovereign and supranational organizations, and the customers of Groupe BPCE’s networks.
Orrick
https://www.orrick.com/Orrick is a leading global law firm focused on the Tech, Energy & Infrastructure, and Finance sectors. Our E&I transactional, litigation and regulatory lawyers advise on some of the most high-profile infrastructure modernization projects that propel communities across the globe and on revolutionary projects in the energy transition and energy technology space. We offer deep sector knowledge and creativity to help our clients achieve their business objectives in the areas of P3, project development and finance, complex acquisitions, dispositions and private equity investments, restructurings, dispute resolution, regulatory and proactive compliance across the energy and infrastructure spectrum.
Paul Hastings
https://www.paulhastings.com/homePaul Hastings is a leading global law firm, pre-eminent in cross-border transactions and solving complex legal problems. We focus on the business issues our clients care about most – those that have the greatest impact on their success. Clients trust us to provide creative, business-savvy solutions, underpinned by exceptional client service – delivered globally.
Our winning approach is anchored in our culture of collaboration and collegiality, and in always harnessing the insights of our diverse team to get to the best solutions. We attract and promote extraordinary talent – preeminent partners in their fields who are energetic, dynamic, and who share our commitment to our clients.
We pride ourselves on the strong relationships we develop with our clients. We invest time in understanding their businesses and what it takes to make them even more successful. In working so closely with our clients and their advisors, we become an integral part of their team, entrusted with their biggest opportunities and challenges.
S&P Global Ratings
https://www.spglobal.com/ratings/en/S&P Global Ratings, a division of S&P Global Inc. (NYSE: SPGI), is a leading provider of credit ratings. Our ratings are essential to driving growth, providing transparency and helping educate market participants so they can make decisions with confidence. With more than 1.1 million credit ratings outstanding, approximately 1,400 credit analysts and a presence in 28 countries, we offer a unique combination of global coverage and local insight. We provide our opinions and research about relative credit risk; market participants gain information to help support the growth of transparent, liquid debt markets worldwide. Learn more at www.spglobal.com/ratings.
Exhibitors
Alter Domus
https://www.alterdomus.comMany leading international asset managers, lenders and asset owners choose Alter Domus as their partner for growth. Our talent pool of more than 4,500 employees across 38 offices in 21 countries combined with cutting-edge technology work to put you ahead of the game.
Dedicated to serving private equity, real assets and debt capital markets sectors, we offer fund administration, corporate services, depositary services, transfer pricing, capital administration, domiciliation and management company services. Our extensive experience in the debt capital markets sector allows us to provide specialist solutions such as loan administration, agency services, trade settlement and CLO manager services.
Intex
https://www.intex.com/main/Visit Booth
Intex is the industry’s leading provider of cashflow models and analytics, with over 40,000 CLO, ABS, RMBS and CMBS deals modeled from around the globe. Intex is relied upon by hundreds of arrangers, investors, issuers and others for complete, accurate and timely cashflow models used in trading, portfolio management and risk management applications. Intex's applications include INTEXcalc for single-security and portfolio analysis and cashflow stress-testing, the INTEX Subroutine API for system builders, and INTEX DealMaker for structuring new deals. Intex is an independent, objective and privately-held company with offices in Massachusetts, London and Shanghai. Visit our website at www.intex.com
Latham & Watkins
https://www.lw.com/Latham & Watkins advises the businesses and institutions that power the global economy. We leverage the firm's top-tier strength in Asia, the US, Europe, and the Middle East to seamlessly advise market participants on complex domestic and cross-border transactions, including front-end direct lending and leveraged finance, corporate reorganizations, restructurings and insolvencies, distressed investing and special situations, PIPE transactions, preferred equity and convertible debt, asset-backed securitisations and financings, infrastructure financings, project finance, buyouts, carve-outs, asset M&A, activist transactions, venture capital investments and capital raising. With a comprehensive view across different investment strategies, Latham’s lawyers advise clients on all aspects of their business in deploying private capital, from fund formation, fundraising, and regulatory matters to analyzing, structuring, and executing transactions and portfolio management.
Latham advises the broadest range of market participants across the full spectrum of bespoke financing solutions. We bring exceptional insight to hybrid instrument transactions, having advised on countless market-leading hybrid deals to fill the gaps in capital structures between senior debt and control equity, and to finance acquisitions, growth, dividend recaps, fund liquidity solutions, and rescue financings.
We have been at the forefront of the evolution of the private credit markets. With our breadth of experience and deep investor relationships across the largest direct lenders can rely on our comprehensive understanding of the market and proven track record in closing transactions with cutting-edge terms.
We are one of very few firms with a market-leading restructuring and insolvency practice in Asia and globally. As a firm, Latham has assisted hundreds of banks, hedge funds, private equity sponsors, borrowers and issuers in cross-border restructurings and enabled them to navigate complicated situations and come out better off at the other end of the transaction. In order to deliver a successful restructuring, the firm draws on its extensive legal experience in global finance and restructuring transactions, and resources from across our many offices worldwide. We are also known for our ability to think outside the box and come up with innovative solutions to help our clients achieve their goals.
Milbank
https://www.milbank.comMilbank LLP is a premier international law firm handling high-profile, complex cases and business transactions through 12 offices worldwide. Named Law360’s 2023 “Structured Finance Practice Group of the Year,” Milbank has one of the world’s leading CLO practices. Since the inception of CLOs, the firm has represented market-leading arrangers, collateral managers, issuers, risk retention lenders, anchor investors and derivatives counterparties on a multitude of credit arbitrage transactions involving a diverse array of asset classes.
Milbank’s complex securitization team works with practices across the firm in matching business-focused and hybrid structures with capital, with a particular focus on esoteric asset securitization, whole business securitizations, digital infrastructure securitizations and other first-of-their kind transactions. Our attorneys are active in a full range of structured financings, hybrid structured/leveraged credit facilities and complex securitization transactions.
Our teams and individual partners are recognized by Chambers (USA and Global) for our responsiveness and technical excellence in securitization and CLOs as well as for whole business securitization and ABS securitization.
Milbank’s Structured Credit team was once again ranked as the #1 CLO Manager counsel globally in Creditflux’s 2023 year-end Advisory Firm Rankings. Milbank has remained at the top of the publication’s global CLO rankings for the last seven years. Milbank also earned the title of #1 Manager counsel on 9fin’s 2023 global CLO BSL law firm league tables, dominating on number of deals and total volume.
Moody's Analytics
https://www.moodysanalytics.com/Visit Booth
Moody’s Analytics provides financial intelligence and analytical tools to help business leaders make better, faster decisions. Our deep risk expertise, expansive information resources, and innovative application of technology help our clients confidently navigate an evolving marketplace. We are known for our industry-leading and award-winning solutions, made up of research, data, software, and professional services, assembled to deliver a seamless customer experience. We create confidence in thousands of organizations worldwide, with our commitment to excellence, open mindset approach, and focus on meeting customer needs.
Sidley Austin
https://www.sidley.com/en/global/Sidley Austin is recognised as a global leader in advising on all aspects of CLOs in both Europe and the U.S. Our CLO teams in London, New York, Chicago and L.A. sit within the firm’s top-ranked Global Finance group that spans both sides of the Atlantic and Asia. With lawyers qualified in both English and U.S. law, we have advised on CLO and CDO structures dating back to the inception of the market and have been at the forefront of this market’s buoyancy in recent years. Our lawyers act for arrangers, investment managers and investors on public and private transactions. We have also been involved in a number of firsts as the U.S. and European CLO markets have returned.
TMF Group
https://www.tmf-group.com/TMF Group’s global capital markets practice offers a range of administrative, agency, issuer/SPV and trustee services, across industries and clients. Our unique footprint ensures we can provide clients and transaction parties with real time assistance from our local experts. We have substantial experience helping clients with new and refinanced securities, syndicated loans, secured transactions and multi-jurisdictional transactions.
Our comprehensive service offering, deep experience and global resource, as well as efficient onboarding and responsiveness, enables us to offer clients and transaction parties round the clock coverage.
Located in more than 30 locations, we are the trusted partner for banks, corporates, funds and other parties operating in the global capital markets.
US Bank
https://www.usbank.com/investment-services/global-corporate-trust.htmlOur global corporate trust team offers expert guidance and flexible solutions to private and public companies, government and tax-exempt entities, and financial institutions. This team along with our fund services and custody teams comprise our Investment Services division, which holds more than $7.1 trillion in assets under custody and administration. We operate a network of more than 4,500 employees in more than 100 offices across the U.S. and Europe to fully support your unique local, national and international needs. Grounded on the highest ethical standards, we partner with you to provide reliable and responsive corporate trust, custody and fund services tailored to our diverse client base. For more information about our comprehensive investment services offerings, visit us at https://www.usbank.com/investment-services.html
Walkers
https://www.walkersglobal.com/Walkers is a pre-eminent financial services law firm. We, through our offices in Bermuda, British Virgin Islands, Cayman Islands, Dubai, Guernsey, Hong Kong, Ireland, Jersey, London and Singapore, are a leading provider of legal, tax, listing and corporate services to financial institutions, asset managers and capital markets participants.Our clients, who include most of the world's leading financial institutions, rely on us for our experience, expertise and solution-driven advice. In Creditflux's 2022 CLO Census, we were recognised by our clients as the top CLO service provider for the fifth year in a row.
Our Dublin based Finance & Capital Markets Group is a multi-award winning team specialising in CLOs and is the largest dedicated CLO team in Ireland. Our team is experienced, responsive and dedicated to providing market leading service levels to our clients.
Our Finance & Capital Markets Group has acted as Issuer counsel on many market firsts and award winning deals in the CLO space and also regularly advises on the Irish legal, tax and regulatory aspects of the establishment and maintenance of Irish risk retention / originator structures.
Walkers Professional Services, our SPV administration business, is also a recognised market leader in the CLO space. Walkers Professional Services is synonymous with responsiveness, a solution-driven approach and a commitment to excellence in client service.
Together our Irish legal, tax, listing and corporate services teams provide an integrated one-stop shop solution for CLO Arrangers and CLO Managers issuing Euro CLOs through Ireland.
Click here to read more about our CLO capabilities.
Wiener Boerse
https://www.wienerborse.at/en/At Vienna Stock Exchange we recognise that CLO transactions are a special sector within the debt industry and have therefore created a special offering tailored to meet the requirements of this important sector. We are launching this product following considerable success in listing many CLOs on the warehousing phase and look forward to attracting the post-warehousing CLO transactions. We are honoured to have earned the trust of the debt market without whom we could not have become the fastest growing debt listing venue in Europe and look to expand this success to CLOs. Contact our team for further details.
Manager Partners
Churchill Asset Management
https://www.churchillam.com/Churchill, an investment-specialist affiliate of Nuveen (the $1.2T asset manager of TIAA), is an award-winning U.S. middle market private capital manager offering clients customized solutions across the capital structure. With $50B of committed capital, the firm provides senior lending, junior capital, equity co-investments and secondary solutions to private equity sponsors and their portfolio companies. Churchill also invests over $1B annually as an LP in leading private equity firms, a key differentiator that drives proprietary deal flow. Churchill has an 18-year track record of disciplined investing throughout multiple economic cycles and is supported by 175 professionals across five U.S. offices. Learn more at www.churchillam.com.