The FFA room block at the Fontainebleau for the 10th Annual Global Symposium is NOW OPEN!
As an alternative to the Fontainebleau, these are some of the many other hotels in the area:
Thomas Smith is an English-qualified partner in the London office of Debevoise & Plimpton.
Recommended by Chambers UK, The Legal 500 UK and IFLR1000, he acts for borrowers, sponsors, and lenders on a wide range of financing transactions at all levels of the capital structure from fund level to investment level. In fund finance, Tom works on all types of transactions and has particular recent expertise in the growth of ESG-linked financings and NAV financings (across PE, Credit and secondaries markets).
In the Legal 500 UK, where the Debevoise fund finance team is ranked Tier 1, Mr. Smith is praised for his ability “to explain complex issues in a straight-forward manner and focus on the real issues, rather than the minutia.”
Albert Tan is a Partner and Co-Head of the Global Fund Financing Group with Haynes and Boone, LLP. Additionally, he serves as a member of the firm’s Board of Directors, Partners Compensation Committee and Strategic Growth Committee.
During his career at the firm, among his lending transactions, he has represented investment and commercial banks, as agents and arrangers in more than $100 billion of subscription secured credit facilities to Asia, US, Europe, Latin America and global real estate, infrastructure, debt, buyout and energy private equity funds, including some of the first real estate private equity funds in Japan, Greater China, Singapore and Korea and some of the largest global infrastructure funds and Asia-focused buyout funds. From 1997 to 2000, while on a secondment from Haynes and Boone, Albert was based in Hong Kong and served as Chief Counsel of Greater China for Caltex Corporation, a wholly-owned subsidiary of ChevronTexaco, overseeing all legal affairs for Greater China.
Albert has made presentations sponsored by PERE – Asia, Japan and North America, PEI-COO & CFO Forum, PEI-Global Alternative Investment Forum, Institutional Real Estate, Inc., PrivCap, Asia Law and Practice, Fund Finance Association Global and Asia Fund Finance Symposiums, Texas A&M University of School of Law, and Southern Methodist University Cox School of Business; and is recognized as a Leading Practitioner for International Private Equity by Euromoney Expert Guide and as a Trailblazer in Finance, Banking & Capital Markets by The National Law Journal.
Albert received his BA from San Diego State University and his JD and LLM from Southern Methodist University and Georgetown University; and speaks English and Chinese (Mandarin).
Kate Sinclair is a Senior Counsel in the Firm’s London office and a member of the Firm’s Banking and Credit Practice. Kate focuses on domestic and cross-border acquisition finance and fund financings. Kate acts for leading private equity sponsors and their portfolio companies advising on a broad range of financings.
Stuart McIntosh is Executive Director, Head of European Subscription Finance at Sumitomo Mitsui Banking Corporation. Based in London his focus is on originating, structuring and execution of subscription credit facilities whilst also working with SMBC colleagues to deliver the bank’s global product suite to Private Equity Sponsor clients.
Prior to joining SMBC in 2019, Stuart was European Head of Sponsor Coverage & Subscription Finance at Commonwealth Bank of Australia London. He started his career at HSBC where he spent 10yrs in various investment management client coverage and support roles. Stuart is a graduate of Brunel University where he majored in Business.
Matt Glen is a Vice President in the Fund Finance team in ING Bank. ING’s Fund Finance team offer specialised expertise to clients in the investment fund sector, with 24 dedicated professionals located in London, Luxembourg, Singapore and New York. The team provides structured financing products ranging from capital call, portfolio leverage and liquidity financing.
Matt joined ING in 2014 and is based in London. His experience and expertise are in the origination, structuring and execution of fund finance transactions. During his time at ING Matt has worked overseas in the New York-based Fund Finance team focusing on portfolio leverage for credit funds and the Sydney-based Infrastructure Finance team.
Matt graduated in 2013 from the University of Portsmouth with First Class Honours degree in Economics. Prior to joining ING, Matt was on the Corporate Graduate Scheme at Barclays.
Mr. Ronnie C. Chan is Chairman of Hang Lung Group Limited and its subsidiary Hang Lung Properties Limited, both publicly listed in Hong Kong. The Group expanded into mainland China in 1992, developing, owning and managing world-class commercial complexes in key tier one and tier two cities. He founded and chairs the China Heritage Fund, is a co-founding Director of The Forbidden City Cultural Heritage Conservation Foundation, Beijing, and is former Vice President and former Advisor of the China Development Research Foundation in Beijing. Mr. Chan is a Fellow of the American Academy of Arts and Sciences, Chairman Emeritus of Asia Society and Chairman of its Hong Kong Center, and Co-Founder and Chairman of the Centre for Asian Philanthropy and Society. He serves or has served on the governing or advisory bodies of several think tanks and universities, including Peterson Institute for International Economics, World Economic Forum, East-West Center, Pacific Council on International Policy, Eisenhower Fellowships, The Maureen and Mike Mansfield Foundation, University of Southern California, Indian School of Business, The Hong Kong University of Science and Technology, Yale University, Tsinghua University, and Fudan University.
Alex is a Partner in the Corporate and Finance Department at Mourant in the Cayman Islands. Alex specialises in banking and finance work.
She frequently advises many of the world’s leading finance institutions and private fund sponsors on the structuring and execution of finance transactions involving secured lending to Cayman Islands companies, partnerships and unit trusts (including hedge funds and private equity funds). She has extensive experience on fund finance matters.
Weijian Shan is chairman and CEO of PAG, a leading Asia-focused private equity firm. Prior to PAG, he was a partner of the private equity firm TPG, and co-managing partner of TPG Asia (formerly known as Newbridge Capital). Over two decades, Weijian Shan has led a number of landmark transactions that have returned billions of dollars in profit to his firms’ investors. Previously, Shan was a managing director of JP Morgan, and an assistant professor at the Wharton School of the University of Pennsylvania. In his youth, he spent several years working as a laborer in the Gobi Desert of China. He holds an M.A. and a Ph.D. from the University of California, Berkeley, and an M.B.A. from the University of San Francisco. Shan is the author of Money Games: The Inside Story of How American Dealmakers Saved Korea’s Most Iconic Bank (2020) and Out of the Gobi: My Story of China and America (2019). His articles and commentary have been published in the Financial Times, The New York Times, The Wall Street Journal, Foreign Affairs and many other publications.
Danielle is a Partner in Mourant’s Banking and Finance team in Hong Kong, having practiced in Asia for over 15 years. She advises on a broad spectrum of cross-border transactions, including asset finance (with particular expertise in aviation and shipping finance), fund financing, acquisition and leveraged finance, debt restructurings, project finance, FinTech and general corporate lending.
In fund financing, she regularly represents investment and commercial banks on subscription credit facilities. She is also Co-Head of the Asia-Pacific Executive Committee for the Fund Finance Association, and is on the board of directors of Women in Fund Finance Asia. Danielle has been recognised for her work in fund finance through awards such as the Dee Dee Skylar Women in Fund Finance Award 2020.
Prior to joining Mourant in 2012, she worked at Clifford Chance in Hong Kong and Dentons in London.
Paul leads our Corporate and Investment Funds team in Asia. He is also the Managing Partner of the Hong Kong office.
Paul regularly advises on corporate matters including investment funds, mergers and acquisitions, joint ventures and the restructuring of companies and structures. These will often be private equity-related transactions.
He has been with Mourant Ozannes since 1999.
BNP Paribas Securities Services is a multi-asset servicing specialist with local expertise in 35 markets around the world and a global reach covering 90+ markets. This extensive network enables us to provide our institutional investor clients with the connectivity and local knowledge they need to navigate change in a fast-moving world.
As of 30 June 2020, BNP Paribas Securities Services had USD 11.343 trillion in assets under custody, USD 2.745 trillion in assets under administration and 10,805 funds administered.
As a leading global wholesale bank, we deliver the insight, experience, and the passion our clients demand – where and when their businesses need it. At Global Banking and Markets, we provide corporate and investment banking and capital markets services to corporate, institutional and government clients globally. We are a full-service wholesale bank in the Americas, serving clients across Canada, the United States, Latin America, Europe and Asia-Pacific. For more information, please visit our website or connect with us on LinkedIn at: scotiabank-gbm.
We are 725+ lawyers serving clients from offices located in the leading financial and business centers in the Americas, Europe and Asia. The world’s leading organizations, companies and corporations choose us to be their representatives in their most critical situations. Moreover, they consider Proskauer a strategic partner to drive their business forward. We work with asset managers, private equity and venture capital firms, Fortune 500 companies, major sports leagues, entertainment industry legends and other industry-redefining companies.
With more than 1,000 lawyers across 17 offices, Morrison & Foerster is a preeminent global law firm dedicated to delivering business-oriented results to clients across Asia, the United States and Europe. Dynamic technology and life science companies, large financial institutions, leading consumer product companies and other market leaders come to MoFo for knowledge, innovation and business aptitude. MoFo handles some of the world’s largest cross-border transactions and resolves major disputes across multiple jurisdictions, as well as having a long-standing commitment to pro bono work and social justice. MoFo is one of the preeminent law firms in Asia, providing integrated US and local law advice. With offices in Beijing, Shanghai and Hong Kong, the firm has handled major matters in China for over 35 years. The Tokyo office is now the largest Japan office of any global firm and one of the largest law firms in Japan, domestic or international. The Singapore office, which opened in 2013, features lawyers with many years of experience in South and Southeast Asia.
ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. The purpose of ING Bank is empowering people to stay a step ahead in life and in business. ING Bank’s more than 55,000 employees offer retail and wholesale banking services to customers in over 40 countries.
ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).
Sustainability forms an integral part of ING’s strategy, evidenced by ING’s leading position in sector benchmarks by Sustainalytics and MSCI and our ‘A-list’ rating by CDP. ING Group shares are included in major sustainability and Environmental, Social and Governance (ESG) index products of leading providers STOXX, Morningstar and FTSE Russell.
Debevoise & Plimpton LLP is a premier law firm with market-leading practices, a global perspective and strong New York roots. Our private equity practice is a cornerstone of the firm’s Corporate Department, representing a diverse client base of private equity firms and investment funds, advising them on all aspects of their business. We have extensive experience in all facets of fund-level financing transactions and regularly represent our fund clients in this capacity. Our financing lawyers work closely with our fund formation, tax and ERISA lawyers on fund financing transactions. We take a business-oriented approach to develop and implement the best solutions for our sponsor clients and their investors. The breadth of our experience is a direct result of our clients’ bespoke and diverse structures and financing needs, and the depth of our expertise is a direct result of our highly satisfied and loyal client base that rely on us for their fund financing transactions. As a result, we are ranked as Tier 1 firm by Legal 500 UK for fund finance matters.
Fried Frank advises the world’s leading corporations, investment funds and financial institutions on their most critical legal needs and business opportunities. The Firm’s approximately 500 lawyers are based in North America and Europe. Our premier fund finance practice leverages broad representation of borrowers, investors and arrangers, enabling us to better evaluate evolving market conditions and effectively navigate key issues on behalf of our clients. We have extensive experience in a range of financing transactions for investment funds and other pooled investment vehicles across a wide array of strategies, including private equity, mezzanine, real estate, infrastructure, special opportunities and fund of hedge funds, as borrowers.
With over 225 years of legal experience, Cadwalader, Wickersham & Taft LLP serves a diverse client base, including many of the world’s leading financial institutions and corporations. With five offices in the U.S. and Europe, Cadwalader offers legal expertise in antitrust, banking, corporate finance, corporate governance, energy, environmental, executive compensation, financial restructuring, health care, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense. We have more than two decades of experience in fund finance, and provide practical, yet cutting edge, advice to a wide variety of financial institutions active in the space. Our team regularly represents the agent, lead arrangers and lenders on subscription credit and capital call facilities to real estate, private equity and other investment funds.
Loyens & Loeff is a leading law firm with integrated legal and tax practices. We handle all matters relating to banking, corporate, investment funds, private equity, real estate and tax law. Our offices in the Benelux and Switzerland mainly represent banks, financial institutions, investment funds and corporations, operating internationally.
Our global fund finance team advises in relation to the structuring of fund finance transactions and the related security packages. Relying on our extensive experience in the structuring of capital call subscription credit facilities, bridge facilities and permanent leverage facilities, we handle transactions involving alternative or regulated investment fund borrowers of all types, sizes and asset classes. Major lenders, investment fund managers, sponsors and market players in both the US and European markets count on our expertise regarding fund finance transactions. Our dedicated fund finance team has successfully acted for the most active international banks, arrangers, lenders and fund managers in these markets.
Mayer Brown, the founding sponsor of the Annual Subscription Facility and Fund Finance Symposium, is a global legal services organization advising clients across the Americas, Asia and Europe. Mayer Brown’s finance platform is based on the Firm’s global position in the world’s leading markets, and partners dedicated to fund finance matters are located in Charlotte, New York, Chicago, London, Hong Kong and Singapore. As a result, the Firm has relationships with every major US lender along with the majority of active lenders in the European and Asian markets, and our lawyers have represented the lead agent and lenders in more than 550 subscription credit facilities since 2008. In addition to subscription credit facilities, Mayer Brown lawyers are experienced documenting the full suite of fund and portfolio-level financings, including NAV facilities, hybrid facilities, private placements, open-end fund facilities, management fee credit lines and an assortment of leveraged asset level transactions.
Sionic is a global consulting firm. Our focus is on change and we specialise in a unique blend of business and people performance. We are agile, independent and hold a straightforward philosophy – that outstanding people produce outstanding work. We tackle complex operational, economic and strategic problems, big and small, for clients dealing with evolving markets, changing risks, intricate regulation, cultural change, technology and digital advances. We are a global, sector-wide team of experts of longstanding pedigree and one of the world’s fastest growing independent consulting firms. We have over 300 professionals based in more than a dozen locations worldwide, including America, Europe and Asia and we continue to expand at pace. We deliver measurable value. When the world’s leading firms in financial services are looking to accelerate their performance, they call us.
The Maples Group, through its leading international legal services firms, advises global financial, institutional, business and private clients on the laws of the British Virgin Islands, the Cayman Islands, Ireland, Jersey and Luxembourg, and is an independent provider of fiduciary, fund services, regulatory and compliance, and entity formation and management services. Combining the Maples Group’s leading finance and investment funds capability, the Group’s Fund Finance team has widespread experience in advising on all aspects of fund finance and related security structures for both lenders and borrowers. The Maples Group distinguishes itself with a client-focused approach, providing solutions tailored to their specific needs. Its global network of lawyers and industry professionals are strategically located in the Americas, Europe, Asia and the Middle East to ensure that clients gain immediate access to expert advice and bespoke support, within convenient time zones. For more information, please visit: maples.com.
We are a distinctive London-based law firm, focused on our clients and on delivering excellence in the international legal market. We are known for the quality of our work; not just in dealing with the full range of corporate and commercial matters, but in advising clients on their private affairs as well.
We advise on our clients’ most complex matters, whilst at the same time remaining smaller than our competitors. This fosters a cohesive environment of collective experience and close-knit teams and helps to maintain the exceptionally high levels of service and partner involvement that our clients expect.
Yemi Tépé is a partner at Morrison & Foerster, based in the Singapore office. She has over 20 years of experience advising clients on the full spectrum of financings, including domestic and cross-border acquisition and leveraged finance, public to private takeovers, real estate finance, debt restructuring, margin loans, syndicated lending and subscription line financing.
She has represented clients on significant transactions in Singapore, Japan, Korea, Thailand, Indonesia, Vietnam, Malaysia, Philippines, India, Hong Kong, mainland China, the U.S. and across Europe. Her practice spans various sectors including: private equity, technology and telecoms, banks and financial institutions, education, energy and real estate. Yemi brings deep transactional experience to the table, regularly advising on big-ticket mandates. Clients include banks and financial institutions, private equity sponsors, multi-national corporations, alternative financiers such as credit funds, hedge funds and asset managers and emerging growth, mid-cap, and large public and privately held companies.
Yemi has been described as “methodical in her work process and extremely responsive” and praised by clients as “a very safe pair of hands”, “very reliable, and never puts a step wrong”, an “extremely commercial and user-friendly” practitioner whose “in-depth knowledge of the private equity financing market paired with strong business acumen allows her to provide commercial legal solutions swiftly”.
Yemi has been ranked as a leading lawyer for Banking and Finance by Chambers Global and Chambers Asia Pacific since 2011. She is highly regarded for her exceptional legal work and has been recognised by IFLR1000, Legal500 APAC and Best Lawyers, Singapore since 2014.
Cameron Roper is a special finance counsel in the Corporate Department and a member of the Private Credit Group (working closely with the Private Funds Group).
Cameron specializes in funds finance and general lending and advisory work, acting for both fund managers and financial institutions. He has been involved in transactions involving net asset value (NAV) facilities, hybrid facilities and subscription line facilities, as well as bridging, acquisition and margin loan facilities. He has also advised on general partner, manager and co-investment facilities. His experience covers a wide range of funds, including credit, infrastructure, real estate, large buyout and mid-market funds, venture funds, fund of funds and emerging market funds.
Cameron was praised in The Legal 500 (2018) for his “commercial approach and problem solving skills.”
Cameron received his Bachelor of Laws (with Honors) from the University of Western Australia and his Master of Banking and Finance Law from the University of Melbourne.
Jeremy Berchem is the Office Managing Group Partner at Appleby (Guernsey) LLP. Jeremy is a widely renowned banking and finance expert, leading the firm’s strongest team in debt finance and is recognised by his peers and clients as a capable and commercially focused leader in the field. He has extensive experience of all areas of banking and finance work including advising both lenders and borrowers in relation to all aspects of subscription, acquisition, property and asset finance transactions.
Legal 500 UK 2021 ranked Jeremy as a ‘Leading Individual’. Chambers UK 2020 recognised Jeremy for being a notable practitioner. IFLR1000 named Jeremy as ´Highly Regarded´ in the 2021 edition.
Michael Mbayi is a Director at Wildgen, Luxembourg law firm, in the Banking & Finance practice group. He has an in-depth knowledge of the Fund Finance market, and he advises financial institutions as lenders and lead agents in a wide range of transactions including subscription facilities, hybrid/NAV facilities, and other bespoke Fund Finance solutions. He is the host of the Fund Finance Series, an industry driven webinar where he regularly meets with Fund Finance global experts for in-depth discussions and analysis. Michael is the author of various Fund Finance publications.
Troutman Pepper is a national law firm known for its higher commitment to client care. With more than 1,100 attorneys in 23 U.S. cities, we combine the resources of a large firm with the personal engagement of a trusted adviser. Clients navigating sophisticated finance matters trust our attorneys to proactively assess risk, evaluate the business impact and recommend creative solutions. From financing new opportunities to evaluating and implementing restructuring and workout strategies, we advise lenders, borrowers and other stakeholders on all types of financing transactions, including those with terms and structures which are unconventional, as well as those secured by cross-border collateral. Our Fund Finance practice represents major U.S. banks and lenders on venture capital and private equity bilateral and syndicated subscription-based credit facilities. We are well versed in advising our clients on how to configure capital call loan facilities to address a complex array of the various fund structures.
Nathan Parker is a partner in the Financial Restructuring Group in Cadwalader’s London office. He has worked in the City for over a decade on a large range of financing transactions and has represented leading private equity sponsors, funds and their portfolio companies in connection with their financing of cross border leveraged buyouts, restructurings and holdco and other structured indebtedness. Nathan frequently works on new money investments and direct lending transactions in the restructuring and special situations context as well as fund financing transactions for both borrowers and lenders with clients that include Citibank, Bank of America, Wells Fargo, Raiffeisen Bank International, Hayfin, Apollo Management, Private Advisers, Hemen Investments Limited, CQS, Makuria Investments, Oaktree Capital, Park Square, Lodbrok Capital, Helios Investment Partners, Njord Partners. He received his B.A. and LL.B. with honours from Monash University, Australia. Nathan is admitted to practice in England and Wales.
Sarah is a partner of Maples and Calder’s Finance team in the Maples Group’s Dublin office. Sarah has extensive experience advising on domestic and cross-border banking transactions. Her practice focuses on advising lenders and borrowers in relation to corporate debt facilities, fund financing, acquisition financing, real estate financing (investment and development) and debt restructurings.
Sarah was elected as a partner in 2016. Prior to joining the Maples Group, she worked in the banking team at Allen & Overy in London and Addleshaw Goddard in Manchester.
Sarah Francis is noted for her “sensible, pragmatic and sound advice” – The Legal 500 2019
Chambers Global 2019 described Sarah Francis as “great at breaking down complex problems and coming up with appropriate solutions. She has excellent attention to detail and provides excellent customer service.”
Thea joined Preqin in 2016 and works within the company’s research and data operations team. Thea specialises in maintaining Preqin’s information on the funds of funds and secondary market across a suite of alternative asset classes. This includes overseeing data from the largest fund of funds managers with allocations to private debt. Thea has also recently taken over the role of ESG specialist in the EMEA research team.
Thea holds a first-class honours degree in Biochemistry from the University of Lincoln.
Ken Bigelow is an experienced global CIO, who has built and led high performing technology, operations, and compliance functions for institutional banking and capital markets businesses across a broad set of asset classes. Ken is also the co-creator of FundFinance, a unique new suite of AI and machine-learning tools created specifically for fund finance lenders. Ken is an expert in navigating change, negotiating stakeholder needs and delivering results. As a Sionic Managing Partner, Ken implements a wide range of projects supporting front, middle, back office functions for fixed income, equity trading, structured finance, commercial lending and asset management. His specialisms also include IT strategy, application delivery, infrastructure, business process engineering, provider management, regulatory compliance, business continuity planning, risk mitigation and management, capital markets products and structured credit. Ken regularly speaks, writes and broadcasts on a range of data and technology topics including artificial intelligence and machine learning.
Vahe Andonians is Founding Partner of Cognaize, a startup specialising in the AI-based processing of financial documents. Vahe is also a senior lecturer at the Frankfurt School of Finance & Management and a partner alongside Moody’s Analytics at Traidum, which is building a blockchain based negotiation platform for trading Structured Credit products. In 2017 Vahe sold his earlier startup – SCDM, an AI-based analytics company specialized in the fixed income market. Having started as a data provider for investors in structured credit in 2003, SCDM had broadened its services from data management to bespoke IT solutions into reporting, business intelligence, and cash flow simulations for investors in structured credit. Vahe was leading the product development and research arm of SCDM, with a strong focus on machine learning and blockchain 2.0 technologies. Before that, Vahe founded, raised and sold several start-ups in the area of machine learning, having previously co-managed a statistical equity arbitrage hedge fund in Austria. Vahe holds an Engineer title in information and high-frequency technology from the Federal Higher Technical Institute for Education and Experimentation in Moedling, Austria and an MBA from the University of Liverpool, England.
Malindri De Alwis is a Director of Fund Finance at Standard Chartered Bank. She specializes in a range of Fund Finance transactions across the fund life, including Subscription Finance, Hybrid, Net Asset Value, and GP Financing. She has experience in originating, structuring, and executing Fund Finance transactions across sectors, including Real Estate and Infrastructure funds. Her primary focus is in the Americas, with further interaction in Fund Finance offerings across the Bank’s footprint globally in Asia, Africa, and Middle East.
Jeff Johnston, CFA, is a Managing Director and the Head of Asset Management within Wells Fargo’s Corporate & Investment Banking group. Mr. Johnston oversees a team of corporate and investment bankers who deliver a broad array of products and services, inclusive of advisory, debt and equity capital markets, subscription finance, management company loans, treasury management & depository services and other banking products for traditional and alternative asset managers globally.
Mr. Johnston is a CFA charterholder and received a BA from the University of South Florida in Physics, and is currently the Chairman of the Fund Finance Association, a global industry association for constituents in the fund finance space.
Todd Cubbage has more than 25 years of experience in the financial services industry representing lenders and commercial paper conduits in structuring, negotiating and documenting sophisticated lending arrangements. Since the early 2000s, Todd’s legal practice has primarily focused on assisting lenders arrange multi-jurisdictional, subscription secured credit facilities with top-tier private equity and real estate funds, and, as a result, he has served as lead counsel on many of the largest domestic and cross-border subscription credit facilities. Prior to focusing on subscription lending, Todd represented commercial banks and commercial paper conduits in connection with corporate and middle market loans, leases and securitization transactions. Todd is a member of Haynes and Boone’s global Finance Practice Group and serves as the Administrative Partner of the Charlotte Office of Haynes and Boone.
Derek Stenson is a Partner in the Cayman Islands office of Conyers and advises on a broad range of corporate, finance and regulatory matters involving Cayman Islands companies and partnerships.
In the fund finance arena Derek leads the Conyers fund finance team in the Cayman Islands and acts for some of the most prominent lenders to Cayman Islands private equity, venture capital and hedge funds.
Derek also has particular expertise advising on repackagings and collateralized loan obligations, corporate finance and M&A transactions, portfolio transfers, restructurings, stock exchange listings, mergers, migrations, contractual negotiations and regulatory and compliance matters.
Matt Taber is a partner in our Cayman office and is a well-known specialist in Cayman Islands investment funds, fund finance, regulation and cryptoassets. He has advised many of the world’s leading asset managers in 15 years of practice in the Cayman Islands. In addition, Matt is a specialist in acting for banks that operate in the fund or subscription finance space. Prior to joining Harneys, Matt worked for other leading firms in the Cayman Islands. Before coming to the Cayman Islands, he was a corporate and M&A lawyer in London for seven years.
Matt is a member of the board of the Cayman Islands chapter of AIMA and he regularly participates in Government and legislative and regulatory industry working groups.
Jan Sysel is a partner in the Corporate Department and the Finance Practice, resident in Fried Frank’s New York office.
Mr. Sysel represents sponsors, borrowers, arrangers and lenders on a wide variety of financing transactions primarily in connection with fund formation, as well as leveraged acquisitions, spinoffs, recapitalizations and restructurings, across a broad range of industries. He has extensive experience in structuring, negotiating, documenting and executing complex financings, including syndicated senior facilities, mezzanine facilities and private debt placements. His work includes unsecured and secured first and second lien facilities, both cashflow-based and asset-based, with particular focus on fund subscription facilities and other types of investment fund leverage.
Mr. Sysel previously went on a long-term secondment to a financial services company, where he advised on loan transactions for private wealth management clientele. Prior to joining Fried Frank, he practiced corporate law in the Czech Republic for several years and served in the Czech Army as a staff attorney at the Litigation Department of the Czech Ministry of Defense.
Mr. Sysel received JD from Charles University Law School (Prague) in 1999, his JSD from Charles University Law School (Prague) in 2002 and his LLM from Columbia Law School in 2005, where he was a Harlan Fiske Stone Scholar. He is admitted to the bar in New York.
Alistair is a partner in the finance and corporate group of Carey Olsen in the Cayman Islands and advises on all aspects of finance, corporate, investment funds and commercial law, with a particular focus on lender side work in the fund finance space.
Alistair is rated as a Leading Lawyer – Highly Regarded in IFLR1000 2019.
Alistair was formerly with Skadden, Arps, Slate Meagher & Flom and Cleary, Gottlieb, Steen & Hamilton, each in London.
A Partner in Simpson Thacher’s Banking and Credit and Fund Finance Practices, Julia Kohen concentrates her practice on representing financial sponsors in connection with debt financings for their private equity, real estate, infrastructure, mezzanine debt and other investment funds. She has extensive experience in complicated financings designed to provide fund-level leverage to facilitate and support investment activities, as well as management lines and employee and co-investment loan programs. Recently, Julia was recognized by Law360 as a 2020 “Rising Star” in Banking.
In addition, Julia has co-authored chapters in several editions of Global Legal Insights’ Fund Finance guide, which covers legal trends and developments in the greater fund finance market and provides law firms, financial institutions, funds and investors with comprehensive insight
Kristin Rylko is a partner in Mayer Brown’s Banking & Finance practice. Kristin represents a variety of banks, financial institutions and funds across a range of lending transactions, with a particular emphasis on the financing of investment funds. Kristin has extensive experience structuring complex domestic and international financing transactions to private funds, sponsors and portfolio companies on a secured and unsecured basis, acting for both lenders and borrowers. Her fund finance experience encompasses a wide spectrum of transactions at all levels of the capital structure and every phase of a fund’s existence, including traditional subscription lines, NAV and hybrid facilities, management fee lines, after-care facilities, open-end fund lending, loans to separate accounts and fund of fund financings. Kristin’s experience also includes sponsor employee and partner co-investment loan programs and financings to individuals and their estate planning vehicles secured by private equity assets.
Mizuho Americas is a leading financial institution comprising several legal entities, which together offer clients corporate and investment banking, financing, securities, treasury services, asset management, research and more. With professionals in offices throughout the US, Canada, Mexico, Brazil and Chile, Mizuho’s operations in the Americas connect a broad client base of major corporations, financial institutions and public sector groups to local markets and a vast global network. Learn more at mizuhoamericas.com.
Mizuho Americas is an integral part of the Japan-based Mizuho Financial Group, Inc. (NYSE: MFG). Mizuho Financial Group is one of the largest financial institutions in the world, offering comprehensive financial and strategic services including private banking and venture capital through its subsidiaries. The group has over 900 offices and 60,000 employees worldwide in nearly 40 countries throughout the Americas, EMEA, and Asia. As of December 31, 2019, its total assets were $1.8 trillion. Learn more about Mizuho Financial Group at www.mizuho-fg.com.
Jeremy is a Senior Vice President in Macquarie’s Fund Finance team, focusing on providing asset backed facilities and bespoke subscription commitment facilities to private equity funds and private equity secondary funds. Jeremy has over 8 eight years of experience underwriting, structuring and syndicating transactions in the US and Europe. Jeremy received a Bachelor of Commerce from the University of New South Wales in 2008.
Arthur Cox is one of Ireland’s leading law firms. For 100 years, we have led the way in the legal field in Ireland. We are an “all-island” firm with offices in Dublin and Belfast. We also have offices in London, New York and San Francisco. Our practice encompasses all aspects of corporate and business law.
We provide targeted advice to banks, financial institutions and new players emerging in the financial services sector. The cross-departmental team of lawyers drawn from our Banking and Finance, Capital Markets, Asset Management and Investment Funds, Financial Regulation, Corporate and M&A, Tax, and Litigation and Dispute Resolution practices has unrivalled breadth and depth of experience working with financial services institutions nationally and internationally.
Joseph Rocco is a Managing Director in Blackstone Treasury and is involved in credit and risk management initiatives for Blackstone’s Treasury operations, including risk assessment for the firm’s cash management and investment strategies. He works closely with counterparts from throughout the firm and its funds on funding initiatives and FX hedging and trading strategies. Prior to joining Blackstone, Mr. Rocco worked at Moody’s Investors Service covering residential mortgage and asset-backed securities where his primary responsibilities included rating surveillance, methodology development and sector commentary. Mr. Rocco holds an MBA from New York University’s Stern School of Business and a BS in Finance from Fordham University.
Kevin Purcell is a Managing Director of Neuberger Berman and a member of the Dyal Capital Partners Investment Team. Kevin originally joined Lehman Brothers in 2006 as a member of the Absolute Return Strategies Group, spending time in strategic roles across Lehman Brothers’ hedge fund platform, the minority stake acquisition program and most recently with Neuberger Berman Private Equity. Prior to joining Lehman Brothers he was an Analyst at White Peak Capital focusing on strategic acquisitions. Kevin earned an M.B.A from the Krannert School of Management at Purdue University and holds a B.S. in Finance from Siena College.
Michael Orphanides is a Managing Director and Head, Asset & Wealth Managers in Corporate Bank, part of the Global FIG franchise in BMO Capital Markets. Prior to joining BMO Capital Markets, Michael worked at Barclays for 15 years in London and most recently their NY office, where he was Head of the FIG – Americas Corporate Banking practice.
Terrence is an Executive Director in the US Structured Credit & Solutions Group of Natixis. Terrence joined Natixis in June 2006. He focuses on the origination and structuring of subscription credit facilities and asset backed transactions across a range of asset classes. Terrence has over 20 years of experience in asset classes such as capital calls, certified capital companies, consumer assets, small business loans, equipment loans and leases, manufactured housing, structured and life settlements.
From 1998 to 2006, he worked in the Structured Finance Group at Financial Security Assurance.
Terrence holds a Bachelor of Science in Finance from Rutgers University.
Martin Wurth is a partner in the Banking, Finance and Capital Markets department of Clifford Chance’s Luxembourg office and specialises in structured finance, asset finance, acquisition finance, real estate finance and general bank lending in cross border and local transactions. He has a long-standing experience in advising on financings to investment funds and taking security with respect to NAV facilities, subscription facilities or hybrid facilities. Martin works lender-side for major investment banks and borrower-side for large investment funds in Luxembourg.
Jeffrey Frank joined Angelo Gordon in 2014 as the firm’s Treasurer. Before joining Angelo Gordon, Jeff was a Vice President overseeing Treasury and Structured Funding for Goldman Sachs Asset Management (GSAM). During Jeff’s almost 16 years at GSAM he held several positions within their alternative investment businesses. Jeff was a member of GSAM’s private equity group and hedge fund strategy business units where he focused on liquidity, funding, structuring, and financial due diligence. Jeff holds a B.A. degree from Saint Anselm College.
Eli Mou is Managing Director in the US Financial Sponsor team at The Bank of Nova Scotia. In his current role, Eli manages a team of 10 fund finance professionals in a credit underwriting and portfolio management capacity. Eli has extensive experience analyzing complex fund financing transactions covering a portfolio across subscription finance, Asset Based Lending, 1940 Act lending and hybrid facilities. Eli joined the Bank of Nova Scotia in June 2006 as an Associate and has held progressively more senior positions over his tenure across various different industries including, Diversified, Technology, Real Estate and Power. Prior to joining the Bank, Eli worked one year as a Consultant for First Annapolis Consulting covering the payment space and three years as a Research Analyst for the Federal Reserve Board analyzing competitive issues in the banking sector. Eli holds an MBA from Georgetown University and Bachelor of Arts in Economics from Vassar College.
Mark Gilles manages the Equity Fund Services Group (EFS) at Comerica Bank. Based in Palo Alto California, with offices in New York City and Boston, Equity Fund Services provides depository and credit products including capital call lines of credit, subscription lines, and loans to management companies to select Venture Capital and Private Equity firms throughout the United States and Canada.
Mark joined Comerica in 2012 and his prior background combines 20 years of commercial banking experience with over 10 years of direct investing experience with Tangent Growth Fund L.P., a San Francisco based private equity firm.
Mark is a CPA and began his career with Coopers and Lybrand (now PWC) in San Francisco. He earned a BS in Business with a concentration in accounting from San Jose State University, and has an MBA from Santa Clara University.
Mark has been active as a volunteer with youth sports, and Boy Scouts, and he has served in leadership positions of notable charitable and public benefit organizations including Hope Rehabilitation Services, Santa Clara, Ca. (Board President), Vista Center, Palo Alto Ca. (Finance), and the Menlo Park City School District, (Bond Oversight Committee Chair). Mark lives in Menlo Park California with his wife Mary who is a real estate agent. They have two children attending college.
Chris Spitzhoff is a Vice President at Carlyle and leads the fund operations and administration for its U.S Buyout funds. Prior to Carlyle, Mr. Spitzhoff led portfolio operations and administration at Corrum Capital Management and the principal investing division of Bank of America, and held consulting roles in the Lending and Leasing practice at BearingPoint. Mr. Spitzhoff holds a B.S. from Appalachian State University and earned his M.B.A. from the University of North Carolina at Chapel Hill.
Jonathan Peiper is Managing Director and head of the subscription finance business at Mizuho Americas. In this role he is responsible for originating, structuring, arranging, and executing subscription credit facilities and other fund financings for the firm.
Mr. Peiper has over 20 years of experience in subscription finance and was previously Managing Director & Group Head in Sumitomo Mitsui Banking Corporation’s (SMBC) Subscription Secured Finance Department.
He joined SMBC in 1997 as a member of the Public Finance Department where he focused on providing letters of credit, loans, and bond purchases for municipalities, hospitals, not-for-profits, and public and private partnerships.
Mr. Peiper holds a BA in International Relations from Tulane University and an MBA in Corporate Finance from the New York University Stern School of Business.
Elizabeth specialises in banking and finance law, advising clients in structuring, negotiating, implementing and restructuring a range of financing transactions. She acts for leading domestic and global financial institutions, alternative lenders, major corporates, private equity funds and limited partnerships across a wide range of domestic and cross-border finance transactions. These include real estate financing (investment and development), acquisition and leveraged finance, project finance and fund financing, through bilateral and syndicated deals. Elizabeth also advises on loan portfolio sales, acting for purchasers, vendors and servicers.
SJL Jimenez Lunz is a Luxembourg high-end independent business law firm renowned for its savoir faire and reliability with a strong expertise and track record, among others, in Banking & Finance and Fund Finance.
SJL’s teams act both on the side of leading financial institutions and for private equity funds, real estate funds, infrastructure and green and sustainable investment funds.
SJL provides the highest level of legal services in complex cross-border transactions related to all types of funds’ dedicated products, such as capital call facilities and subscription-line facilities, NAV facilities, umbrella facilities.
KBRA is a global full-service rating agency dedicated to the restoration of trust in credit ratings. Our core values of Innovation, Collaboration, and Integrity guide everything that we do, from the creation of new standards for assessing risk to offering timely and transparent ratings that the markets have come to rely on. Our mission has been well received and since our founding in 2010, KBRA has established itself as the fastest growing post-crisis rating agency. In that time, KBRA has published over 36,790 ratings and expanded into Europe to better support our long-term strategy of educating the markets globally. Headquartered in New York City, KBRA has 370 employees with additional offices in Pennsylvania, Maryland, Dublin, and London.
At KBRA, we value new ideas and are wary of conventional thinking that stifles Innovation. We believe that Collaboration is key to our success in providing better products for investors, who have come to trust the analysis and Integrity behind our ratings.
Sola Akinola is the Director of Research (Americas) at Preqin, the alternative assets industry’s leading source of data, insights and solutions, where he heads a team of over 50 analysts responsible for direct engagements with asset managers and institutional investors across all alternative asset classes. In addition to having full ownership of the Americas’ exclusive, forward-looking and actionable data, Sola is a core part of the senior management of Preqin’s Americas operations.
Prior to joining Preqin, Sola was the Global Head of Deals & Data Content at Mergermarket (an Acuris Company) where he was responsible for the origination, development and execution of content initiatives enhancing Mergermarket’s global M&A deals & data product offering.
With over 15 years of experience working in the financial information industry in both Europe and North America, Sola has played the role of data ambassador through numerous presentations and public speaking engagements covering the M&A and alternative assets industries.
Sunil Mody is a Managing Director of Morgan Stanley responsible for all hedging activities globally for the private investment funds across Investment Management. Product oversight primarily includes risk based solutions in the foreign currency and interest rate derivative markets. Prior to joining Morgan Stanley in 2009, Sunil was with JPMorgan for eight years, and was last Vice President in the FX Institutional Sales Group covering clients in the real estate, infrastructure, and asset management sectors. Sunil graduated with distinction from University of Michigan’s Ross School of Business, with a degree in Bachelor of Business Administration.
Raghav Wadhawan is an Executive Director at Standard Chartered Bank. Based in London, he is one of the founding members of the Financial and Strategic Investors Group which is a global coverage team focused on origination and execution of transactions for Private Equity and Sovereign Wealth Funds across the fund and asset level. His focus is on covering large cap Sponsors across Private Equity, Real Estate, Credit, and Infrastructure sectors and on a global basis. Raghav held the position as Acting Head of Fund Finance and is responsible for supporting Sponsor clients with fund facilities, ranging across Subscription, Hybrid, NAV, and GP Financing. Prior to joining Standard Chartered Bank, Raghav worked at Royal Bank of Scotland and Lehman Brothers. He has an Economics degree from the London School of Economics and a Masters in Finance from Imperial College. Raghav is also a CFA charterholder.
Pierre Maugüé is a partner in the Finance Group at Debevoise & Plimpton. Mr. Maugüé focuses his practice on fund-level, acquisition and leveraged buyout financings and structured financings.
Mr. Maugüé brings a global perspective to his work, having lived and worked in Asia, Europe and the United States. He joined Debevoise in 1999 in the firm’s Hong Kong office. He relocated to the New York office in 2002 before moving to London in 2014.
Mr. Maugüé has been recommended by The Legal 500 UK every year since relocating to London, and was previously recommended in The Legal 500 US. The guide has described him as “a trusted adviser who helps clients achieve goals in the most efficient manner”. Mr. Maugüé is also recommended as a leading lawyer by IFLR1000 (2019) and Chambers UK (2019).
It is not just law at Travers Smith. Travers Smith treats its clients’ business and challenges as its own. The firm’s clients know that wherever in the world they or their ambitions lie, the firm will work as one of their team to get things done. Travers Smith acts for publicly-listed and private companies, financial services institutions and private equity clients, as well as other business enterprises involved in large and complex UK and cross-border matters, transactions and disputes.
We have been an active participant in the European fund finance space for over 20 years and frequently advise market participants both providing and seeking finance on a wide range of financing structures including subscription facilities, NAV and hybrid facilities, secondaries facilities, GP support / co-invest facilities and management fee facilities.
Steve joined ICG plc, a FTSE listed specialist asset manager, in November 2015 as Group Treasurer. He is responsible for all aspects of ICG’s corporate treasury and since joining ICG has assumed responsibility for the funding and risk management activity for all ICG Funds. These include the Europe Mezzanine, Senior Debt, and Secondary funds. In addition, Steve assists with ICG’s Debt and Equity Investor Relations with a focus on developing the US investor base.
Steve is a qualified Accountant (ACMA) and Treasurer (FCT) who spend most of his career in various senior finance roles at British American Tobacco, predominantly in Group Treasury. These roles included Treasurer, Corporate Finance and Global Head of Commercial Treasury and involved stints overseas in locations such as Hong Kong, Vietnam and Russia.
Julie is the head of J.P. Morgan Chase’s commercial real estate subscription lending platform. Julie works closely with institutional investors and fund managers on strategically investing in real estate.
Julie began her career structuring and underwriting commercial real estate loans for LaSalle Bank in 1995, before moving to Jones Lang LaSalle to assist clients with land development strategies. In 1998, she rejoined LaSalle Bank to develop and manage an institutional real estate division before joining RBS Citizens in 2008, where she was hired to build out a team focused on the generation of new business and asset management for a portfolio of real estate loans. Julie joined J.P. Morgan in 2010.
She is a former President and current board member of the Chicago Chapter and National Board of the Real Estate Lenders Association (RELA). Julie acts a mentor for the Goldie Initiative, which focuses on advancing the next generation of women leaders in the real estate industry.
Julie received her bachelor’s degree in business administration from the University of Illinois, and frequently returns to campus as a guest lecturer.
A native of the Chicagoland area, Mrs. Thick resides in Hinsdale, IL with her husband, Scott, and three children, Kaitlyn, Tyler and Dylan.
Guy Simpson is regional president at Bridge Bank where he heads the Equity Fund Resources group, a central hub for the private equity and venture capital communities. Providing financial solutions such as venture capital call lines of credit, SBIC funds, and other credit facilities, Guy helps clients across the U.S. that are focused on the goal of being responsive to their portfolio company needs and enhancing IRR. Based in Tysons, VA, he joined Western Alliance’s Bridge Bank in 2017 and has more than 20 years of tech lending experience in Silicon Valley and other innovation centers.
Alex is a Partner in Mourant’s Cayman Islands office and specialises in private equity, investment funds and related corporate and commercial work. He frequently advises many of the world’s leading private fund sponsors on the structuring and establishment of investment funds, secondary transactions and related deals. He has extensive experience on fund finance matters.
Before relocating to the Cayman Islands, Alex led the investment funds practice in our Hong Kong office, advising on some of the largest fundraisings in the Asia region.
Matt Taber is a partner in our Cayman office and is a well-known specialist in Cayman Islands investment funds, fund finance, regulation and cryptoassets. He has advised many of the world’s leading asset managers in 15 years of practice in the Cayman Islands. In addition, Matt is a specialist in acting for banks that operate in the fund or subscription finance space.
Prior to joining Harneys, Matt worked for other leading firms in the Cayman Islands. Before coming to the Cayman Islands, he was a corporate and M&A lawyer in London for seven years.
Matt is a member of the board of the Cayman Islands chapter of AIMA, the secretary of the Blockchain Association of the Cayman Islands and he regularly participates in Government and legislative and regulatory industry working groups.
Mike Pugatch joined HarbourVest’s secondary investment team in 2003. He focuses on the origination and execution of secondary investments ranging from traditional limited partnership purchases to more complex transactions. Mike currently serves on the advisory boards of a number of private equity partnerships and also sits on the firm’s Secondary and Real Assets investment committees.
Mike joined the Firm from UBS Warburg, where he spent two years in the Global Media Investment Banking Group focusing on mergers and acquisitions, corporate financings, and restructurings. He also has prior experience in the Technology Investment Banking Group at PaineWebber.
Mike received a BS (summa cum laude) in Business Administration from Babson College in 2001.
Matthew is Head of Business Strategy and Reporting at Park Square Capital, a leading private debt manager with over $10bn AUM, providing senior debt, subordinated debt and mid-market direct loans to companies in Europe and the US. Prior to joining Park Square, Matthew spent two years as Finance Business Partner at the Children’s Investment Fund Foundation providing financial and technical advice on investments and strategy to the Executive team and Board, and five years at PwC. Matthew graduated with BSc Hons in Geography from Loughborough University and is a Chartered Accountant.
Walt is a Managing Director, Co-head of Direct Lending and member of the Investment Committee of Onex Credit. Walt has 33 years of experience in the leveraged loan, high yield and mezzanine markets. Prior to joining Onex Credit, Walt was Senior Credit Officer and Chief Operations Officer of the Private Credit Group in the Merchant Banking Division of Goldman Sachs. Previously he held positions at Credit Suisse, Scotiabank and Ernst & Whinney. Walt earned a B.S. from Bryan College and an M.B.A. from Georgia State University.
Nick Fleischhacker joined HarbourVest in 2019 to head the newly created Capital Markets team. His responsibilities include overseeing banking relationships and the use of credit and hedging products across the platform.
Nick returned to Boston to join HarbourVest from Miami, where he spent five years working for two active issuers in the public sector and private sectors raising over $15 billion debt financing. Prior to that he spent over fifteen years in investment banking with RBC Capital Markets (including predecessor firms Tucker Anthony and Dain Rauscher) in New York and Boston. He worked most recently in the industrials investment banking coverage group and prior to that in the infrastructure and public finance groups. Nick’s banking experience includes arranging financings across a wide range of debt products, industries and credit types as well as work in M&A and equity capital markets.
Nick received a BA from Carleton College and an MBA in Finance from Boston University. He holds the Chartered Financial Analyst designation.
William Cox is a Senior Managing Director and Senior Analyst in the Funds, Insurance, and Public Finance Ratings groups at Kroll Bond Rating Agency (KBRA), where he also leads the Funds and Insurance analytical teams. Bill has over 25 years of experience in credit ratings.
Before joining KBRA, Bill led DSA Capital, LLC, a provider of consulting services and investment capital for private companies, government agencies, private equity platforms, and philanthropies working to improve K-12 public education in the United States.
Previously, Bill was an executive managing director of strategic operations at Standard & Poor’s (now S&P Global Ratings), where he led global teams responsible for market development, quantitative analytics, project management, and data operations. During his time at S&P, Bill also served as a managing director in School Evaluation Services and in the Public Finance Ratings Group and managed the Infrastructure Finance Group.
Bill serves on the board of directors of Young Audiences Arts for Learning, the nation’s largest arts-in-education learning network serving over 5 million children; and is on the advisory board of Teachers College (TC), Columbia University’s Office of School and Community Partnerships, which connects TC resources to support public education in Harlem schools.
Bill holds a B.A. in history with a minor in economics from the University of Pennsylvania and an MBA in business administration from New York University. He also completed executive management programs at Columbia University, the University of Virginia, and at INSEAD in France.
Thomas Chiarello is a Manager on the Treasury Capital Markets team at TPG. In this role, he is responsible for financing and capital markets activity of the firm and its funds, and bank relationship management. Prior to joining TPG in 2017, Mr. Chiarello was an Associate at Bank of America, where he covered a portfolio of non-bank financial institutions. Mr. Chiarello graduated from the McCombs School of Business at the University of Texas at Austin.
Mr. Alexander is a Partner in the Ares Credit Group, where he focuses on alternative credit investments. Additionally, he serves as a member of the Ares Credit Group’s Alternative Credit Investment Committee. Prior to joining Ares in 2019, Mr. Alexander was Deputy CEO and Head of Global Market, Americas at Natixis CIB. Previously, he worked at Deutsche Bank within the Interest Rate Derivatives Group. Mr. Alexander began his career as an Economic Analyst at the New York Federal Reserve Bank. He holds a B.S. from Washington and Lee University in Business Administration and Accounting and an M.A. from Fordham University in Economics.
Victoria Stewart leads the fund financing team at Partners Group and is based in Zug, Switzerland. She has been with Partners Group since 2011 and has 16 years of industry experience. Prior to joining Partners Group, she worked at Burness LLP (now Burness Paull LLP). She holds a bachelor’s degree in law, a master’s degree in management and a postgraduate diploma in legal practice from the University of Aberdeen, UK and a master’s degree in international business law from the University of St Gallen, Switzerland. She is also admitted as a solicitor in Scotland and as a solicitor of the Senior Courts of England and Wales and is a registered notary public in Scotland.
Partners Group is a global private markets investment manager, serving over 900 institutional investors. It has USD 94 billion in assets under management and more than 1,400 professionals across 20 offices worldwide. Partners Group realizes potential in private markets by financing and developing great companies, desirable real estate and essential infrastructure. Partners Group creates value in its investments through active and long-term responsible ownership.
We work with a wide range of customers, from small enterprises to mid-market companies and large multinationals, providing them with the tools they need to function efficiently. As a cornerstone of the HSBC Group we have the financial strength to support our customers with working capital, term loans and acquisition or project finance, and the expertise to help them raise money from the stock and bond markets. HSBC Commercial Banking operates in 53 countries and territories, covering the developed and developing markets that matter most to our customers. Through our teams of relationship managers we connect businesses to opportunities, helping them to thrive and grow.
Scotiabank is a leading bank in the Americas. We provide a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. Subscription finance is a strategic product within Scotiabank’s fund finance platform, which includes traditional lending, prime services, repurchase agreements, total return swaps and conduit finance.
Scotiabank has been a leading financial services provider in the U.S. for more than 125 years. With a team of more than 100,000 employees globally and assets of over $1 trillion (as at October 31, 2019), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, visit www.scotiabank.com and follow us on Twitter @ScotiabankViews.
Ben Berman is a finance partner in the Washington, D.C. office of Latham & Watkins. A member of the firm’s Banking and Private Equity Finance Practices, Ben represents private equity and private debt funds on their lines of credit ranging in size from $10 million to multiple billions, including: umbrella facilities for multiple funds; uncommitted and committed lines; feeder fund structures; business development companies; separately managed accounts and funds of one; and aggregator funds. Ben also represents borrowers in secured lending and other financing transactions, including: acquisition and corporate financings; NAV and fund level financings; cash-flow and receivables financings; and asset-based loans.
Robert joined 17Capital in 2010 and became Partner in 2014. He leads the New York office, where he is now based, having established our presence there in 2016. He was previously at Merrill Lynch, Lloyds Banking Group and Ashurst Morris Crisp. He studied at HEC Paris and The University of Edinburgh.
Locust Point Capital is an asset management firm specializing in direct lending to the lower middle market seniors housing and care industry. We deliver an opportunistic way for institutional investors to access this sector. Our team has broad lending and investing experience and our investment philosophy is built on providing the transparency, flexibility, and reliability that sophisticated investors demand.
Locust Point Capital’s philosophy of alignment of interests is a guiding principle of our success with our investors, our borrowers, and our team. We seek to partner with long-term, exceptional institutional investors who share our vision for the firm’s future. Our goal at Locust Point Capital is to add value to our investors’ portfolios by achieving strong risk adjusted returns.
Thomas (Tom) Nowak is a Managing Director in Bank of America’s market-leading Syndicated Finance group. In this capacity he is responsible for leading the distribution and execution of syndicated debt facilities.
Clients include opportunity funds, hedge funds, debt funds, private equity funds, real estate funds, public pension plans and institutionally-sponsored entities as well as REITs.
Mr. Nowak has 23 years of experience in structuring, syndicating and executing debt transactions across all levels of the capital structure. Prior to assuming his current role, he worked in investment banking as well as financial and economic consulting.
Tom holds Series 7, 24 and 63 licenses and is a graduate of the University of Notre Dame (BBA in Finance) and the University of Chicago Graduate School of Business (MBA in Finance and Accounting).
Katten is a full-service law firm with more than 700 attorneys in locations across the United States and in London and Shanghai. Clients seeking sophisticated, high-value legal services turn to Katten for counsel locally, nationally and internationally. The firm’s core areas of practice include corporate, financial markets and funds, insolvency and restructuring, litigation, real estate, commercial finance, intellectual property, structured finance and securitization, transactional tax planning and private wealth. Katten represents public and private companies in numerous industries, as well as a number of government and nonprofit organizations and individuals.
Peter is a managing director in the Merchant Banking Division (MBD) of Goldman Sachs. He is responsible for global fund financing for MBD. He is also responsible for the hedging strategy in MBD as well as debt capital markets activity for the Infrastructure Investment Group.
Previously, he worked in the Real Estate Principal Investment Area (REPIA) of MBD in London from. Earlier, Peter worked in REPIA in New York. He joined Goldman Sachs in 1998 as an analyst and was named managing director in 2010.
Prior to joining the firm, Peter worked at Bankers Trust in New York.
Peter earned a BS in Finance from Bryant College in 1997.
China Merchants Bank is headquartered in Shenzhen, China and is ranked 19th in terms of Tier-One Capital among the Top 1000 Global Banks of The Banker with more than 1,800 branches worldwide in more than 130 cities. The China Merchants Bank New York Branch offers a wide range of Fund Finance, M&A Finance, Structured Finance, Transaction Banking, Private Banking, and Financial Market services to clients globally with particular focus in the United States and China.
Chatham Financial is the largest independent financial risk management advisory and technology firm. A leader in debt and derivative solutions, Chatham provides clients with access to in-depth knowledge, innovative tools, and an incomparable team of nearly 700 employees to help mitigate risks associated with interest rate, foreign currency, and commodity exposures. Founded in 1991, Chatham serves more than 3,000 companies across a wide range of industries — handling over $700 billion in transaction volume annually and helping businesses maximize their value in the capital markets, every day.
To learn more, visit chathamfinancial.com.
Jonah leads the global analytics team for Chatham Financial’s Private Equity & Infrastructure practice. With more than 15 years of capital markets experience, he advises financial sponsors and their portfolio companies on risk management strategy, analysis, and execution with respect to interest rate and foreign currency exposures using financial derivatives. Since joining Chatham in 2013, Jonah has advised sponsors in the structuring and implementation of hedging solutions and risk management programs totaling over USD 100 billion in hedged notional.
Prior to joining Chatham, Jonah worked 8 years in fixed income and currency markets both on the buy and sell sides, on J.P. Morgan and BNP Paribas’ swap desks, as well as a global fund manager for Amundi, before serving as CFO of a startup company. Jonah received a Masters in Finance from HEC Paris and an MBA from Duke University where he graduated as a Fuqua scholar.
Foley Hoag is committed to helping our clients achieve their desired results by excelling in the time-honored practices of the legal profession and seizing on new ways to continuously improve our performance and service level. Since 1943, Foley Hoag has represented public and private clients in a wide range of disputes and transactions around the world. Our debt finance practice provides a full range of services to both borrowers and lenders in commercial loan transactions and debt offerings. We have established a lengthy record of success in industries such as life sciences, healthcare, technology, energy/renewables, investment management and professional services. From our offices in Boston, Washington, D.C., New York, and Paris, we provide creative, strategic legal advice tailored to clients’ unique goals, and our lawyers share a common emphasis on superior client service. For more information on the firm, visit: www.foleyhoag.com
Craig Rydqvist is Global Head of Capital Markets, maintaining relationships with lenders and providing debt advisory and execution support globally. Based in London, he joined the firm in 2014 to establish the Capital Markets function. Prior to joining Värde, Craig ran Structured Finance Origination and Structuring for the U.K. at the Royal Bank of Scotland where he established the bank and capital markets financing for SAV Credit/NewDay, a Värde investment. Prior to RBS, Craig worked in the Emerging Markets business of Barclays Capital and he began his career training as a Chartered Accountant in the Financial Sector practice at KPMG in London.
Craig graduated from the Masters in Finance Programme (MSc) at London Business School. He also holds a First Class undergraduate degree in Business and Management Studies (BSc) from the University of Bradford. Craig is a Chartered Accountant (ACA) with the Institute of Chartered Accountants in England and Wales.
Eric Schwitzer is a partner in the Real Estate practice of Paul Hastings and is based in the firm’s New York office. He practices in all areas of commercial real estate transactions, with a primary focus on real estate finance and equity. Mr. Schwitzer represents major financial institutions, developers and private equity funds in connection with complex domestic and international commercial matters, including cross-border investment platforms, corporate credit facilities, capital commitment-backed subscription credit facilities, commercial loans, restructurings, bankruptcy, loan sales, loan workouts, acquisitions and dispositions.
Philip is responsible for National Australia Bank’s Financial Sponsor Sales (Markets) team and is a Director in NAB’s Sydney based Solutions Sales group. Prior to joining NAB, Philip was based in London as a Managing Director at Macquarie, overseeing their financial sponsor and solutions sales business in Europe. Phil has more than 16 years’ experience in interest rate and foreign exchange derivatives markets in both Europe and Asia and holds a Bachelor’s degree in Commerce (Accounting and Finance) from the University of New South Wales.
Laurie Lawler is a Managing Director at Societe Generale, joining in October 2018 to head up non-traditional ABS lending, origination in the private debt financing space in addition to heading up ABS origination. Laurie has 19 years of experience in the origination, structuring and execution of asset-backed financings ranging from traditional conduit securitizations to more esoteric fund financing transactions. Prior to joining SG, she was a Managing Director at HSBC where she ran the Structured Finance platform in the Americas, which consisted of a suite of product offerings ranging from securitization to capital call and middle market loan financings. During her tenure at HSBC, Laurie ran the conduit securitization team and later moved on to create a Capital Call Financing platform which was successfully rolled out in both Europe and Asia. Prior to joining HSBC, Laurie spent 5 years within Citi’s Global Securitized Markets division executing conduit securitization transactions. Laurie graduated from Iona College in 2001 with a B.A. in Mathematics.
Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 21 U.S. states and Washington, D.C., and across 23 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of December 31, 2019, Northern Trust had assets under custody/administration of $12.1 trillion, and assets under management of $1.2 trillion. For more than 130 years, Northern Trust has earned distinction as an industry leader for exceptional service, financial expertise, integrity and innovation. Northern Trust has a team of specialized professionals servicing private equity firms through the delivery of a unique mix of corporate banking, fund administration and wealth management solutions. Northern Trust’s highly focused strategy and long-term commitment to the private equity market has been a major driver of the success of our sponsor finance business.
David M. Rubenstein is a Co-Founder and Co-Executive Chairman of The Carlyle Group, one of the world’s largest and most successful private investment firms. Mr. Rubenstein co-founded the firm in 1987. Since then, Carlyle has grown into a firm managing $222 billion from 33 offices around the world.
Mr. Rubenstein is Chairman of the Boards of Trustees of the John F. Kennedy Center for the Performing Arts, the Smithsonian Institution, and the Council on Foreign Relations; a Fellow of the Harvard Corporation; a Trustee of the National Gallery of Art, the University of Chicago, Memorial Sloan-Kettering Cancer Center, Johns Hopkins Medicine, the Institute for Advanced Study, the Brookings Institution, and the World Economic Forum; a Director of the Lincoln Center for the Performing Arts and the American Academy of Arts and Sciences; and President of the Economic Club of Washington.
Mr. Rubenstein is a member of the American Philosophical Society, Business Council, Harvard Global Advisory Council (Chairman), Madison Council of the Library of Congress (Chairman), Board of Dean’s Advisors of the Business School at Harvard, Advisory Board of the School of Economics and Management at Tsinghua University (former Chairman), and Board of the World Economic Forum Global Shapers Community.
Mr. Rubenstein has served as Chairman of the Board of Trustees of Duke University and Co-Chairman of the Board of the Brookings Institution.
Mr. Rubenstein is an original signer of The Giving Pledge, a significant donor to all of the above-mentioned non-profit organizations, and a recipient of the Carnegie Medal of Philanthropy, and the MoMA’s David Rockefeller Award, among other philanthropic awards.
Mr. Rubenstein has been a leader in the area of Patriotic Philanthropy, having made transformative gifts for the restoration or repair of the Washington Monument, Monticello, Montpelier, Mount Vernon, Arlington House, Iwo Jima Memorial, the Kennedy Center, the Smithsonian, the National Archives, the National Zoo, the Library of Congress, and the National Museum of African American History and Culture. Mr. Rubenstein has also provided to the U.S. government long-term loans of his rare copies of the Magna Carta, the Declaration of Independence, the U.S. Constitution, the Bill of Rights, the Emancipation Proclamation, the 13th Amendment, the first map of the U.S. (Abel Buell map), and the first book printed in the U.S. (Bay Psalm Book).
Mr. Rubenstein is the host of The David Rubenstein Show: Peer-to-Peer Conversations on Bloomberg TV and PBS, and the author of The American Story: Conversations with Master Historians, a book published by Simon & Schuster in October 2019.
Mr. Rubenstein, a native of Baltimore, is a 1970 magna cum laude graduate of Duke University, where he was elected Phi Beta Kappa. Following Duke, Mr. Rubenstein graduated in 1973 from the University of Chicago Law School, where he was an editor of the Law Review.
From 1973-1975, Mr. Rubenstein practiced law in New York with Paul, Weiss, Rifkind, Wharton & Garrison. From 1975-1976, he served as Chief Counsel to the U.S. Senate Judiciary Committee’s Subcommittee on Constitutional Amendments. From 1977-1981, during the Carter Administration, Mr. Rubenstein was Deputy Assistant to the President for Domestic Policy. After his White House service and before co-founding Carlyle, Mr. Rubenstein practiced law in Washington with Shaw, Pittman, Potts & Trowbridge (now Pillsbury Winthrop Shaw Pittman).
BMO Capital Markets is a full-service financial services provider, offering corporate and investment banking, treasury management, as well as research and advisory services to clients around the world. As a member of BMO Financial Group (NYSE, TSX: BMO), we’re part of one of the largest diversified financial services providers in North America with US$647 billion total assets and approximately 45,000 employees as of October 31, 2019. BMO Financial Group is the 8th largest bank in North America as measured by assets (Bloomberg, as of October 31, 2019).
Reed Smith is a market-leading international law firm specialising in funds finance. With more than 1,700 lawyers across 30 offices, we advise lenders and funds on capital call/subscription lines, NAV and asset-backed facilities, secondary funds facilities, hybrid facilities, co-investment and GP/manager support facilities and other fund liquidity facilities in Europe, the U.S., Asia and the UAE. We have one of the largest team of funds finance lawyers in London and provide specialist advice on the new and developing products in this area. Reed Smith has particular expertise with financings of direct lending, secondary and PE funds. Reed Smith’s funds finance team sits within our Financial Industry Group that contains more than 210 lawyers who provide dedicated multi-jurisdictional services to clients in the financial sector focusing on finance, funds and investment management, regulatory, tax, litigation and commercial restructuring and bankruptcy.
White & Case is a truly global law firm, uniquely positioned to help our clients achieve their ambitions in today’s G20 world. As a pioneering international law firm, our cross-border experience and diverse team of local, US and English-qualified lawyers consistently deliver superior results for our clients.
Banking is the founding practice of White & Case. Since the opening of our first office in 1901 on Wall Street, our Finance lawyers have been representing banks and other financial institutions, as well as corporates and financial sponsors in their most complex and innovative financing matters.
Our market-leading team advises on all aspects of financings, from leveraged buyouts, acquisition financings, subscription and portfolio level financings and recapitalizations, to asset-based lending and investment-grade financings; as well as workouts, restructurings, debtor-in-possession financings and exit financings.
Sherri Snelson is a partner in White & Case’s Banking group. Over the course of her career, she has acted as lead counsel on hundreds of finance transactions that span a wide array of industries and jurisdictions throughout the Americas, Europe and Asia. Sherri’s practice focuses on sponsor-driven acquisitions and fund finance, where she represents borrowers in their most complex finance transactions.
Sherri brings years of experience representing investment funds in connection with fund-level finance transactions, including subscription facilities, NAV facilities, margin loans, fund guarantees and numerous bespoke structures.
NautaDutilh is an international law firm specialising in Luxembourg, Belgian and Dutch law. The firm was founded in 1724 and is one of the largest in the Benelux. More than 400 lawyers, notaries and tax advisers work at the firm’s offices in Luxembourg, Brussels, Amsterdam, Rotterdam, London and New York.
NautaDutilh Avocats Luxembourg is a key player on the Luxembourg fund finance market providing high quality advice and services. Recommended by the world’s leading legal directories such as Chambers and The Legal 500, our team of 65 lawyers serves a range of national and international clients, from key local players to global market leaders. We serve a wide range of institutional clients, mainly financial institutions, asset managers, large and mid-sized corporates, private equity firms, funds sponsors and IT companies.
We have extensive experience advising on all aspects of investment funds, including fund structuring, regulatory compliance, investor negotiations and fund due diligence.
Ramon Bauza leads the Global Private Equity Derivatives Sales division at Macquarie. Previous to Macquarie, Ramon worked for Deutsche Bank for 11 years in the same capacity. With 21 years’ experience in the derivatives industry, Ramon has compiled an extensive working knowledge of foreign exchange and interest rate derivatives, risk management and regulatory structures, and innovative products and solutions on behalf of both Corporate and Private Equity clients.
Prior to joining Deutsche Bank, Ramon worked in Foreign Exchange and Debt Capital Markets Sales at Morgan Stanley and was instructive in structuring PE fund level and portfolio company derivatives hedge programs and solutions. He holds a Bachelor of Arts Degree from Boston College and is former member of the US Army Special Operations Forces.
Comerica Bank’s Equity Fund Services Group specializes in providing a full range of banking services including capital call lines, subscription lines and loans to general partners for leading venture capital and private equity funds throughout the US and Canada. The group is staffed with experienced professionals who understand the unique needs of funds. Our relationship managers work closely with Comerica Bank product experts who can bring solutions to address treasury management, foreign exchange and custody needs. Learn more at Comerica.com. Member FDIC. Equal Opportunity Lender.
Macquarie Group is a diversified financial group providing clients with asset management and finance, banking, advisory and risk capital solutions across debt, equity and commodities. Founded in 1969, Macquarie employs more than 15,700 people in over 30 markets. At 30 September, 2019, Macquarie had assets under management of over $US380 billion. The diverse nature of our operations combined with a strong capital position and robust risk management framework, has attributed to our 50-year record of unbroken profitability.
Established in 1866, Sidley is a global, full-service law firm with more than 2,000 lawyers practicing on four continents (North America, Europe, Asia and Australia). Sidley’s Global Finance practice comprises lawyers who have pioneered the development of financial instruments for the world’s financial markets. Our team provides a comprehensive range of syndicated and leveraged finance, asset-based debt finance and structured finance legal services for clients and around the world. Sidley also provides a broad range of transactional services including mergers and acquisitions, joint ventures and strategic transactions, intellectual property and tax, among many others. In addition, we offer regulatory services to clients in virtually every major industry, and many lawyers in our regulatory practices previously held senior positions in government agencies in the U.S., EU and Asia. Our litigation and arbitration practices operate at the trial and appellate levels, and span virtually every area of substantive law.
Jocelyn Hirsch is a partner at Kirkland & Ellis LLP whose practice focuses primarily on the representation of private equity sponsors and corporate borrowers in complex financing transactions, including leveraged buyouts, cross border facilities, asset based facilities and sponsor capital call/subscription and NAV facilities. Her experience in private equity covers multiple sectors including real estate, energy, infrastructure, secondary and financial services funds with aggregate funds raised totaling tens of billions of dollars. Jocelyn’s client list spans the globe and includes Warburg Pincus, Vista Equity Partners, Ares, Golub Capital, HGGC, LS Power, TPG, JPM Infrastructure, Summit Partners and GTCR, among others.
Jocelyn is nationally regarded as a leading voice in the fund facility market and represents many of the world’s preeminent private equity, debt and related investment funds in complex and bespoke fund financings. She is routinely called upon to speak on fund finance topics.
Jennifer Levitt is a Partner at Simpson Thacher & Bartlett LLP where she is a member of the Banking and Credit Practice. Jennifer regularly represents financial sponsors in connection with debt financings for their private equity, real estate, infrastructure, mezzanine debt and other investment funds. She has extensive experience in complicated financings designed to provide fund-level leverage to facilitate and support investment activities, including subscription facilities, margin loans and other forms of back-leverage.
Nick Mitra manages the Capital Call and Hybrid Facility business for Natixis for the Americas Prior to joining the Global Structured Credit & Solutions Group at Natixis, Nick worked in the credit group at Natixis covering Financial Institutions and Insurance Companies. He has also worked at Goldman Sachs and Accenture in different roles and was the CFO of an entrepreneurial start-up – UConnections.com – aimed at the education space. Nick started his career at Lehman Brothers as a trader’s assistant in the security lending area. Nick has approximately 17 years of experience in the financial sector.
Nick is also a co-founding member of the Fund Finance Association, an industry group dedicated to Fund Finance, where he serves on the Board of the Association as the First Vice Chairman.
Nick is also a co-founding member of the Women in Fund Finance, an industry association dedicated to supporting diversity and the participation of women in the alternative capital space, where is the Co-Chairperson of the Board.
Nick holds dual MBAs in Finance and Information from NYU and a BS in Finance from Lehigh University and is a CFA charter holder.
UBS provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as private clients in Switzerland. UBS’s strategy is centered on our leading global wealth management business and our premier universal bank in Switzerland, enhanced by Asset Management and the Investment Bank. The bank focuses on businesses that have a strong competitive position in their targeted markets, are capital efficient, and have an attractive long-term structural growth or profitability outlook.
Headquartered in Zurich, Switzerland, UBS has offices over 50 regions and locations, including all major financial centers, and employs approximately 67,000 people. UBS Group AG is the holding company of the UBS Group. Under Swiss company law, UBS Group AG is organized as an Aktiengesellschaft, a corporation that has issued shares of common stock to investors.
Our market leading global funds finance practice advises financial institutions, alternative lenders, funds and sponsors in a wide range of financings involving different fund asset classes. As the Financial Institutions and Asset Management/Investment Funds sectors are key areas of focus for our firm, our international financial markets practice comprises more than 200 lawyers worldwide. We have leading lawyers in the areas of funds finance, formation, regulatory, derivatives and tax, both in London and internationally through our network of offices across Europe, the Middle East, Africa and Asia and with relationship firms in other jurisdictions. Our experience covers a wide range of funds, including debt, infrastructure, renewable energy, real estate, trade, large buyout and mid-market funds, private equity funds, venture funds, fund of funds and emerging market funds.
Kiel Bowen is a Funds Finance partner at Mayer Brown. He has significant experience representing domestic and international lenders in negotiating and documenting leverage and liquidity credit lines made to multijurisdictional fund vehicles, including private equity, real estate, REIT, infrastructure, debt, energy and hedge funds. He routinely serves as counsel to lenders and lead agents on bilateral and syndicated credit facilities with complex fund collateral structures, including subscription-secured credit facilities, net asset value secured credit facilities and management fee secured credit facilities. Kiel is a frequent author on issues impacting the fund finance market.
Cleary Gottlieb is a pioneer in globalizing the legal profession. Founded by seven lawyers in 1946, our firm has grown to over 1,300 lawyers from more than 50 countries, working across practices, industries, jurisdictions, and continents to provide clients with simple, actionable approaches to their most complex legal and business challenges. We are consistently recognized as leaders in the marketplace for sophisticated, global legal services by publications and directories that cover the legal and financial industries for our success across various practices, including 56 “top-tier” practice and lawyer rankings in Chambers Global. We have 16 offices in major financial centers around the world, but we operate as a single, integrated global partnership and not a U.S. firm with a network of overseas locations. We support every client relationship with intellectual agility, commercial acumen, and a human touch, and we have a proven track record for serving with innovation.
We are a leading international bank, operating in more than 60 of the world’s most dynamic markets. Thanks to our well-established global network, we combine local expertise with global insights to help clients of all sizes build and grow their business.
Fund Financing is a core product offering within our Corporate & Institutional Banking division. Over the last 18 years, we have established a strong reputation for supporting Sponsors with best-in-class fund facilities, ranging across Subscription, Hybrid, NAV, and GP Financing. We are an active Arranger and Lender in the Fund Finance market with in-depth product knowledge that enables us to structure bespoke transactions to suit clients’ needs.
We have a dedicated Fund Finance team that have extensive experience in providing solutions across Private Equity, Real Estate, Credit, and Infrastructure funds, with global coverage teams in New York, London, Dubai, Mumbai, Singapore and Hong Kong.
Find out more at sc.com.
Ariel Zell is a corporate partner resident in Fried Frank’s New York office and a member of the Firm’s Finance Practice. He joined the Firm in 2014 and became a partner in 2018.
Mr. Zell represents sponsors of private equity, debt, infrastructure, energy, hedge and other investment funds, on a variety of fund-level financings, including subscription facilities, NAV-based facilities and “hybrid” facilities; complex structured notes offerings; and financings for public and private business development companies. He advises on financings in connection with acquisitions of portfolios of private equity interests in the secondary market. His practice also includes advising public and private clients in a wide variety of debt financings and capital market and other corporate transactions, including leveraged acquisitions, restructurings and private debt placements.
Mr. Zell has been recognized by Super Lawyers as a top rated securities and corporate finance attorney and a “Rising Star” in New York from 2014 – 2019.
Mr. Zell received his JD from Fordham University School of Law in 2007 and his BA from Columbia University in 2004. He is admitted to practice in New York.
Stephen Giacolone is currently a Director within the Financial Sponsors, North America team at Lloyds Banking Group. In this role his focus is on the provision of structure fund financing facilities and hedging products for private equity, real estate, infrastructure, secondaries and private debt managers. His experience includes loan structuring (capital call, hybrid, and NAV financing) and marketing for core wholesale banking products including derivatives, global transaction banking and asset level financing. Stephen is also the co-chair of the Responsible Business Partnership at Lloyds Bank North America. Prior to joining Lloyds in 2012, Stephen was an Analyst at Morgan Stanley supporting the leverage finance group. Stephen holds an M.B.A. from NYU Stern and a B.A. from Skidmore College.
Clients navigating sophisticated finance matters trust Troutman Sanders to proactively assess risk, evaluate the business impact and recommend creative solutions. Our team of attorneys has experience handling all types of lending transactions, including those with unusual terms and structures as well as multijurisdictional collateral. Regional, national and global lenders, borrowers and other stakeholders turn to our finance attorneys for a wide range of matters, from financing new opportunities to evaluating and implementing restructuring and workout strategies. Our comprehensive experience enables us to determine the most beneficial course of action for clients, no matter what challenges they face. Our Fund Finance practice represents major US banks and lenders on venture capital and private equity bilateral and syndicated subscription-based credit facilities. We are well versed in advising our clients on how to configure capital call loan facilities to address a complex array of the various fund structures.
ABN AMRO is a leading Dutch bank headquartered in Amsterdam. We offer retail, private banking and corporate banking clients a full range of financial services and advice. Combining our banking expertise with up-to-date knowledge of our clients’ industries, economic circumstances and the latest digital trends, we craft creative solutions that suit your business needs.
We offer a comprehensive package of financial products and services to corporate and institutional clients globally. Our international network is active in 15 countries across all time zones and is driven by the client sectors we focus on.
ABN AMRO’s Financial Institutions Group services clients in Europe, North America and Asia. As part of its strategic focus, the team works with selected investment firms in their banking needs, including fund finance.
We aim to contribute to a better world by thoroughly selecting our business partners and encourage them to do more business in a sustainable manner.
Latham & Watkins delivers innovative solutions to complex legal and business challenges around the world. From a global platform, our lawyers advise clients on market-shaping transactions, high-stakes litigation and trials, and sophisticated regulatory matters. Latham is one of the world’s largest providers of pro bono services, steadfastly supports initiatives designed to advance diversity within the firm and the legal profession, and is committed to exploring and promoting environmental sustainability.
Ed is a Director in the Financial Institutions Group at Capital One Bank, focusing on originating and structuring subscription finance and leveraged credit transactions. Prior to joining Capital One, he spent six years in HSBC’s Financial Sponsors Group. Ed has also held positions with Citi, Barclays and J.P. Morgan.
Ed holds a Master’s degree in International Economics and Finance from Columbia University and a Bachelor’s degree in Finance from Pace University.
Anna-Lise specializes in subscription financing and debt financing for private equity funds and regularly advises leading financial institutions in related credit facilities. She also has substantial experience in asset finance, particularly ship finance, corporate and acquisition finance and in capital markets transactions.
Her practice extends to private equity and hedge fund formation, structuring and operation and she has also advised investment managers on related regulatory and licensing issues in relation to such funds.
Anna-Lise has been rated as a ´rising star´ in banking and financial services in IFLR1000 2019 rankings and was recognized in the Legal 500 Caribbean rankings.
The Sumitomo Mitsui Trust Group is one of Japan’s largest asset managers and custodian in addition to industry leader in trust-bank-related businesses. We continue to build on our global business model to create unique value-added services associated with the brand of “SuMi TRUST”, with a firm presence not only in the Japanese trust banking industry, but also in the global financial industry.
As one of the largest institutional investors and trust banks in Japan, SuMi TRUST offers a unique approach to alternative investment asset class and leverages its fiduciary spirit and knowledge to be our clients’ “Best Partner”.
SuMi TRUST is one of the largest asset managers in Japan, with AUM of USD 845 billion (as of March 31, 2019). SuMi TRUST manages a broad spectrum of financial products and is well known in Japan for specialized solutions for corporate and public pension funds.
Our market-leading funds team spans time-zones and has an outstanding international reputation in offshore investment funds, working across a wide range of alternative fund asset classes – traditionally real estate, private equity, credit and hedge funds. We advise on the formation, structuring and regulation of investment funds in the Cayman Islands, the BVI, Jersey and Guernsey, and our lawyers provide ongoing legal advice to offshore funds and their managers and investors.
Our ‘one firm’ approach means that working together with clients we deliver seamless, objective and commercially grounded advice on the comparative advantages and disadvantages of the leading offshore fund jurisdictions. Our team exercises true commercial judgment in delivering advice often going the extra mile, with a personal approach, and forming genuine partnerships with our clients and their advisers. Clients benefit from our teams working together and making things happen in this way, resulting in deals being delivered on time and within budget.
Visit www.mourant.com to find out more.
Conyers is a leading international law firm with a broad client base including FTSE 100 and Fortune 500 companies, international finance houses and asset managers. The Firm advises on Bermuda, British Virgin Islands and Cayman Islands law, from offices in those jurisdictions and in the key financial centres of Hong Kong, London and Singapore.
Conyers has a wealth of experience in the fund finance space and takes an integrated approach to fund finance with our team comprised of both fund finance and fund formation lawyers working seamlessly together. This allows us to efficiently handle challenging transactions and minimise unnecessary conflict with borrower counsel to ensure a seamless client experience.
We are ideally placed to advise you from an offshore perspective on all aspects of the fund finance market and to assist you in tailoring and effecting bespoke fund finance solutions.
For more information, click here: https://www.conyers.com/legal-services/finance/fund-finance/
Capital One Financial Corporation (www.capitalone.com) is a financial holding company whose subsidiaries, which include Capital One, N.A., and Capital One Bank (USA), N.A., had $249.8 billion in deposits and $372.5 billion in total assets as of December 31, 2018. Headquartered in McLean, Virginia, Capital One offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients through a variety of channels. Capital One, N.A. has branches located primarily in New York, Louisiana, Texas, Maryland, Virginia, New Jersey and the District of Columbia. A Fortune 500 company, Capital One trades on the New York Stock Exchange under the symbol “COF” and is included in the S&P 100 index.
Travers Thorp Alberga is a boutique Cayman Islands and British Virgin Islands law firm comprised only of the most experienced lawyers from both jurisdictions and modelled for the post-financial crisis environment. We specialize in highly technical structuring involving complex securities and regulatory issues. Our partners provide incisive and highly effective advice to the highest standard on all types of offshore entities including hedge funds, private equity, corporate and partnership vehicles, asset and structured finance, cryptocurrencies, ICOs/IEOs/STOs, capital markets, general corporate and commercial matters and private client. We advise across a broad- range of fund finance products with particular emphasis on subscription financing, asset backed financing (NAV facilities), hybrid, GP support and co-invest facilities including financings via umbrella facilities and separately managed accounts. We are highly experienced in financing diverse investments, including real estate, distressed assets, loan portfolios and acquisition of assets located in emerging markets. We advise from our offices in Grand Cayman, the British Virgin Islands, Hong Kong and Australia.
Haakon is a Partner at Validus, a leading independent financial services firm providing financial risk management, fund finance advisory and technology solutions to alternative investment funds. Haakon previously held various front-office roles at Visa, Hoare Capital, and Société Générale before he started his own company in 2012. This subsequently led him to join forces with Validus in 2014, where he has been responsible for the consistent growth and global expansion of the firm, as well as providing successful risk management solutions to managers with several hundred billion dollars in combined AUM. His main expertise is advising on currency exposures arising from Private Debt and Private Equity investments, as well as the operational and technical challenges associated with managing these risks.
John Shrewsberry is senior executive vice president and the chief financial officer responsible for Wells Fargo’s financial management functions including accounting and control, financial planning and analysis, line of business finance functions, asset-liability management, treasury, tax management, and the company’s investment portfolios.
John is also responsible for Wells Fargo’s corporate development, data management, corporate properties and security, corporate strategy functions, and certain other operational activities. John serves on the Wells Fargo Operating and Market Risk Committees and is based in San Francisco.
A 26-year veteran of banking and investing, John served as head of Wells Fargo Securities from 2006 through May 2014, where he was responsible for investment banking and capital markets activity. From 2001 through 2005, he was the group head of Wells Fargo Commercial Capital, the successor to a commercial finance company he co-founded that became part of Wells Fargo in 2001. Previously, John worked at Goldman Sachs and Credit Suisse First Boston in the principal finance areas. He started his career as a Certified Public Accountant at Coopers & Lybrand.
John earned his B.A. in economics from Claremont McKenna College and a Masters of public and private management from the Yale School of Management.
John currently serves on the board for the Committee on Capital Markets Regulation, is co-chairman of the Financial Economics Institute at Claremont McKenna College, and serves on the advisory board of the Yale School of Management and the Yale Corporation Investment Committee. He is also active with the Juvenile Diabetes Research Foundation.
Paul M. Roder is a partner in the Banking and Finance group of Moses & Singer LLP. For over two decades, Paul has advised money center banks and other financial institutions in all aspects of fund finance, including subscription, hybrid, and general partner and management company credit facilities, as well as the use of capital commitments to support other extensions of credit. His clients often seek his advice in connection with their most challenging financing opportunities, where he provides innovative and tailored solutions in a cost-effective manner.
In addition to handling hundreds of traditional subscription credit facilities, Paul has negotiated and documented facilities for complex multi-fund, multi-layered fund, and open-ended fund structures across multiple jurisdictions. He has advised clients on various credit support structures, including utilizing capital commitments as credit enhancements for portfolio company and joint venture financings. He also has counseled clients on the use of unusual credit solutions, such as dedicated tranche financing.
Aside from his work in the fund finance space, Paul represents domestic and foreign financial institutions in a variety of other financing transactions, including secured and unsecured lending and letter of credit transactions. He routinely advises lead agents and arrangers, and lenders and issuing banks, in syndicated credit facilities for public and private companies. Paul also has extensive experience representing lenders and issuing banks in private banking transactions and in all facets of trade finance.
Chris Delson is a partner in Morrison & Foerster’s Real Estate Group. Chris represents major U.S. and international banks and real estate funds in fund finance matters, including subscription lines of credit, borrowing base facilities, unsecured lines of credit, and “after care” facilities. These include some of the largest subscription lines of credit structured to date to both U.S.-based and non-U.S.-based funds, with both U.S.-based and non-U.S.-based investors and collateral, and both syndicated and non-syndicated transactions. Chris works closely with attorneys in Morrison & Foerster’s Financial Transactions, Private Equity, and Tax practices to deliver comprehensive, practical, and innovative solutions to complex fund financings.
Fund Finance Partners (“FFP”) was created by professionals dedicated to innovation in and growth of debt capital solutions to fund sponsors. FFP has overseen numerous types of fund finance products, benefiting fund sponsors, asset managers, investors, investment strategies, lenders, and types of collateral. Whether it’s the most complex of hybrid facilities, the simplest subscription financings, or debt capital for the fund sponsor’s platform, FFP has the track record and network to implement these solutions, start to finish. Our streamlined approach saves time and money for all parties, allowing fund sponsors to focus on their core investment strategies and asset management goals. For more information, visit www.fundfinanacepartners.com or email us at email@example.com.
Charles Inkeles is a Managing Director and U.S. Head of Fund Finance for Santander Corporate & Investment Banking. Mr. Inkeles has more than 16 years of experience in structuring Fund Finance transactions globally, including both Subscription Lending against pools of investor commitments and NAV Portfolio Finance against portfolios of investment assets. Prior to joining Santander in October 2018, Mr. Inkeles served for two years as the U.S. Head of Fund Finance at Commonwealth Bank of Australia. Prior to that Mr. Inkeles served as a Managing Director and Global Head of Subscription Lending at both State Street Bank for three years and ING Bank for 10 years. Mr. Inkeles holds a B.A. from Yale University, a J.D. from the University of Southern California School of Law, and an M.B.A. from the Yale School of Management.
Michael Furman is a Director of Subscription Secured Finance at Sumitomo Mitsui Banking Corporation. Based in New York, his focus is on originating, structuring, and execution of subscription secured credit facilities globally, primarily as Lead Arranger and Bookrunner. Clients include private equity firms and fund managers in North America, Europe, and Asia.
Prior to joining SMBC in 2013, Michael was an Associate at First Republic Bank where he focused on originating and underwriting residential loans and relationship management. He is a graduate of the Mendoza School of Business at the University of Notre Dame with a BBA in Finance. Michael is a dual- hat employee with SMBC Nikko, a CFA charterholder, and holds Series 7, 63, and 79 licenses.
PNC is one of the nation’s largest financial services organizations providing retail and business banking; residential mortgage banking; specialized services for corporations and government entities, including corporate banking, treasury management, real estate finance, asset-based lending, wealth management and asset management. We are focused on delivering ideas, insight and solutions to our clients to help them maximize the value of their business. For more information, visit pnc.com/ideas
At Credit Suisse, our strategy is to be a leading wealth manager, with strong investment banking capabilities. We seek to follow a balanced approach to wealth management, aiming to capitalize on both the large pool of wealth within mature markets as well as the significant growth in wealth in Asia Pacific and other emerging markets. Founded in 1856, we today have a global reach with operations in about 50 countries and 46,840 employees from over 170 different nations.
Dechert is a leading global law firm with 26 offices around the world. We advise on transactions of the greatest complexity, bringing energy, creativity and efficient management of legal issues.
Our preeminent fund finance practice represents financial institutions, alternative lenders and asset managers on a wide array of fund-related financings and loan transactions. Our team is involved in all aspects of funds finance, including providing input on debt and leverage issues at the time of fund formation and downstream structuring and transactions. Dechert delivers effective deal structuring and execution, drawing on an understanding of fund structures and the financing options available to fund entities.
The Financial Institutions Group within Fifth Third’s Commercial Bank is a NY-based national practice that supports insurance companies, fund managers, financial technology companies, diversified financials and correspondent banks. We work closely with clients to understand individual needs and provide strategic advice for client coverage, credit, treasury management and capital markets.
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio and the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution. As of September 30, 2019, Fifth Third had $171 billion in assets and operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending and Wealth & Asset Management. Fifth Third is among the largest money managers in the Midwest with $397 billion in assets under care, of which it managed $46 billion for individuals, corporations and not-for-profit organizations through its Trust and Registered Investment Advisory businesses. Deposit and Credit products offered by Fifth Third Bank, National Association. Member FDIC. www.53.com/commercial.
With more than 50 years of industry experience and significant knowledge of debt and other capital markets, TIAA Bank’s Specialty & Lender Finance team is well positioned to quickly and efficiently provide you with the funds needed to achieve business objectives. We have recently provided capital call facilities to significant funds and are looking forward to participating with our colleagues in expanding our footprint in this important capital market.
Wes Misson is a partner in the firm’s Finance Group. Wes’s practice focuses on fund finance, and he has represented financial institutions as lenders and lead agents in hundreds of subscription credit facilities and other fund financings during the course of his career. His experience encompasses both subscription and hybrid facilities and includes working with fund-related borrowers on the negotiation of third-party investor documents with institutional, high net worth and sovereign wealth investors.
Wes has served as lead counsel on many of the largest and most sophisticated fund financings ever consummated, notably having assisted more than 35 banks as lead or syndicate lender during the past two years with transaction values totaling in excess of $35 billion. He works with financial institutions to develop form agreements for fund finance transactions and to educate bankers, internal legal counsel and credit officers on hot issues and trends affecting the fund finance market.
Wes was recognized by Law360 as a 2017 “Rising Star” in the area of Capital Markets, and is a frequent speaker and an accomplished author in the fund finance area.
Steve focuses on complex leveraged financing and fund financing transactions. He represents private equity funds, growth equity and venture funds, credit funds, and public and private companies in a wide range of transactions, including acquisition financings, capital call subscription facilities and leverage facilities. Steve also advises sponsor clients in connection with out-of-court debt restructurings and credit enhancement transactions. Steve is chair of the firm’s Opinion Practices Committee.
Tim Hicks’ practice focuses on fund finance, and he has significant experience negotiating and documenting subscription credit facilities made to multijurisdictional fund vehicles, including private equity, real estate, REIT, infrastructure and debt funds.
Tim routinely serves as counsel to lenders and lead agents on bilateral and syndicated credit facilities with complex fund collateral structures, including subscription-secured credit facilities, net asset value secured credit facilities and management fee secured credit facilities. His experience also encompasses working with fund-related borrowers on the negotiation of third-party investor documents with institutional, high net worth and sovereign wealth investors.
Stifel Fund Banking is a division of Stifel Bank that provides subscription/capital call lending and treasury management solutions for private investment funds of all types. Stifel Bank is affiliated with Stifel Bank & Trust, each a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF), a diversified financial services firm specializing in investment banking and wealth management.
Ashurst is a leading global law firm with a rich history spanning almost 200 years. Our in-depth understanding of our clients and commitment to providing exceptional standards of service have seen us become a trusted adviser to local and global corporates, financial institutions and governments. With over 1600 lawyers working across 10 different time zones, we are able to respond to our clients wherever and whenever they need us.
Working in tandem with our market leading funds formation practice, we advise lenders and funds on a wide variety of financing structures including capital call, umbrella, net asset value, hybrid, single managed account and management fee facilities. With experience leading fund finance transactions out of Hong Kong, London, Luxembourg, New York, Singapore and Sydney, our global team has the expertise to find solutions to the problems that can arise in a fund financing transaction and to efficiently manage multiple jurisdictions.
Campbells is currently celebrating the 50th anniversary of its establishment in the Cayman Islands. From our offices in the Cayman Islands, the British Virgin Islands and Hong Kong we provide comprehensive corporate and litigation advice and services to clients worldwide in relation to Cayman Islands and British Virgin Islands law. We have significant experience and expertise in advising both borrower and lender clients on the offshore aspects of a range of fund finance transactions, including capital call facilities, margin loans, management company facilities and co-investment facilities.
To find out more about the team at Campbells, please visit https://www.campbellslegal.com
Citizens Bank, N.A., a subsidiary of Citizens Financial Group, Inc., is a super-regional bank with a national corporate banking focus. For over 18 years the Private Equity Banking Group at Citizens has provided a broad range of commercial banking products and services, including the structuring of capital call/subscription facilities, to the private equity community. In addition, this team works closely with the bank’s Sponsor Finance Group to provide asset level banking services. As part of Citizens’ ongoing commitment to serving the needs of private equity firms, Citizens is the founding corporate sponsor of the Private Equity CFO Association (www.privateequitycfo.org). With nine chapters across the country, the association serves as a networking and thought leadership group for over 1,500 senior financial professionals.
Ropes & Gray is a preeminent global law firm with more than 1,200 lawyers and legal professionals serving clients in major centers of business, finance, technology and government. The firm has offices in New York, Boston, Washington, D.C., Chicago, San Francisco, Silicon Valley, London, Hong Kong, Shanghai, Tokyo and Seoul, and has consistently been recognized for its leading practices in many areas, including private equity, M&A, finance, investment management, hedge funds, real estate, tax, antitrust, life sciences, health care, intellectual property, litigation & enforcement, privacy & cybersecurity and business restructuring.
Haynes and Boone, LLP is one of the leading U.S. corporate law firms with offices across Texas, in New York, California, Charlotte, Chicago, Denver, Washington D.C., London, Mexico City and Shanghai, representing agent banks in Subscription Financings in Asia, Europe, Latin America and North America. With more than 575 lawyers, Haynes and Boone is ranked among the largest U.S.‐based firms by The National Law Journal. The firm was instrumental in developing the structure and documentation for subscription financing in the early 1990s. With over 30 years of industry experience in the global subscription financing market, our Fund Finance Practice has worked through numerous business cycles, taking a multi‐disciplinary approach to working with clients and their customers on each transaction, preserving the lender‐borrower relationship by conducting all negotiations with an understanding of the fund’s business issues, while preserving each fund’s relationship with its investors. Our work in the global subscription financing market has been recognized by Private Equity International’s Global Annual Awards as one of the top law firms in the “Transactions” category for both Asia and North America. Our global team’s focus is a collaborative team approach with an emphasis on partner‐led deals. Our team advises on all types of fund finance including subscription financing, NAV/Hybrid, GP support and management fee financings.
Kirkland & Ellis provides exceptional service to clients around the world in complex corporate and tax, litigation, intellectual property, restructuring and counseling matters. The Firm offers clients the unsurpassed resources of a large, integrated, multidisciplinary, global team of more than 2,700 attorneys across 15 offices in New York, Chicago, Boston, Beijing, Dallas, Hong Kong, Houston, London, Los Angeles, Munich, Palo Alto, Paris, San Francisco, Shanghai and Washington, D.C.
Kirkland is a global leader in providing sophisticated advice to investment fund sponsors, institutional investors and other market participants in the alternative investment fund space. Kirkland’s strength lies in our unique ability to bring together best-in-class lawyers in all major markets across an extensive, cross-border private equity platform in the United States, Europe and Asia-Pacific. With more than 400 dedicated Investment Funds attorneys, no other law firm matches the breadth, depth and scope of Kirkland’s experience in investment funds legal services. In addition to offering one of the largest and most active investment funds practices in the world, Kirkland’s platform also includes a dedicated fund finance bench that brings in-depth practical market knowledge to a wide range of financing structures. Since 2017, Kirkland has executed more than 230 fund financing transactions, representing in excess of $35 billion.
Pacific Western Bank is a commercial bank with over $26 billion in assets 76 branches primarily located in California, with one in Denver, Colorado and another in Durham, North Carolina. Our Venture Banking Group offers a comprehensive suite of financial services focused on entrepreneurial businesses and their venture capital and private equity investors. We also offer Community Banking and National Lending services. For more information about Pacific Western Bank, visit www.pacwest.com.
DBS is a leading financial services group in Asia, with 26,000 employees and over 280 branches across 18 markets. Headquartered and listed in Singapore, DBS is “AA-” and “Aa1” credit rated.
Recognised for its global leadership, DBS has been named “Global Bank of the Year” by The Banker, “Best Bank in the World” by Global Finance, the “World’s Best Digital Bank” by Euromoney, and has received the “Safest Bank in Asia” award by Global Finance for ten consecutive years from 2009 to 2018.
DBS provides a full range of services in consumer, institutional and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets, and is committed to building lasting customer relationships.
State Street Corporation (NYSE: STT) is one of the world’s leading providers of financial services to institutional investors including investment servicing, investment management and investment research and trading. With $32.90 trillion in assets under custody and administration and $2.95 trillion* in assets under management as of September 30, 2019, State Street operates globally in more than 100 geographic markets and employs approximately 40,000 worldwide. For more information, visit State Street’s website at www.statestreet.com.
*Assets under management include the assets of the SPDR® Gold ETF and the SPDR® Long Dollar Gold Trust ETF (approximately $44 billion as of September 30, 2019), for which State Street Global Advisors Funds Distributors, LLC (SSGA FD) serves as marketing agent; SSGA FD and State Street Global Advisors are affiliated.
Ogier’s international fund finance group based across the world’s leading offshore financial centres provides advice on the full range of fund financings.
Our fund finance specialists are highly experienced and many of our lawyers have been actively involved in drafting key legislation that underpins the fund structures in the jurisdictions that we operate. We have been advising on fund finance since the inception of the funds industry.
Ogier regularly acts for banks, financial institutions, funds and sponsors on a wide range of fund finance transactions. The diverse nature of our practice provides us with a valuable insight and understanding of the funds market and the legal and commercial issues relevant to borrowers and lenders alike.
We pride ourselves on providing responsive and practical advice and our hands-on partner led teams ensure a consistent approach.
Stephanie Kelton is a leading authority on “Modern Mon- etary Theory”, a new approach to economics that is taking the world by storm. She is one of the most important economists influencing the policy debate today. Her new book, The Deficit Myth: Modern Monetary Theory and the Birth of the People’s Economy (June 2020), shows how to break free of the myths and misunderstandings about money and the role of taxes, debt and deficits that have hamstrung policymakers around the world.
Stephanie Kelton is a regular contributor at Bloomberg Opinion, and she has written for the New York Times, The Los Angeles Times, U.S. News & World Reports, CNN, and others.
Stephanie has worked in academia and in the politics. She served as chief economist on the U.S. Senate Budget Committee (Demo- cratic staff) in 2015 and as a senior economic adviser to Bernie Sanders’s 2016 presidential campaign.
Professor Kelton is Professor of Economics and Public Policy at Stony Brook University. She was previously Chair of the Depart- ment and Professor of Economics at the University of Missouri, Kansas City.
Hillary Rodham Clinton has spent four decades in public service as an advocate, attorney, First Lady, U.S. Senator, U.S. Secretary of State, and presidential candidate.
Hillary Clinton was born in Chicago, Illinois on October 26, 1947. After graduating from Wellesley College and Yale Law School, she began her life-long work on behalf of children and families by joining the Children’s Defense Fund. In 1974, she moved to Arkansas, where she married Bill Clinton and became a successful attorney while also raising their daughter, Chelsea. During her 12 years as First Lady of Arkansas, she was Chairwoman of the Arkansas Education Standards Committee, co-founded the Arkansas Advocates for Children and Families, and served on the boards of the Arkansas Children’s Hospital, and the Children’s Defense Fund.
As First Lady of the United States, from 1993 to 2001, Hillary Clinton championed health care for all Americans and led successful bipartisan efforts to improve the adoption and foster care systems, reduce teen pregnancy, and create the Children’s Health Insurance Program. She traveled to more than 80 countries standing up for human rights, democracy, and civil society. Her speech in Beijing in 1995 – where she declared that “human rights are women’s rights, and women’s rights are human rights” – inspired women worldwide and helped galvanize a global movement for women’s rights and opportunities.
In 2000, Clinton made history as the first First Lady elected to the United States Senate, and the first woman elected to statewide office in New York. As Senator, she worked across party lines to expand economic opportunity and access to quality, affordable health care. After the terrorist attacks of September 11, 2001, she secured funding to rebuild New York and provide health care for first responders who risked their lives working at Ground Zero. She also championed the cause of our nation’s military and fought for better health care and benefits for wounded service members, veterans, and members of the National Guard and Reserves. In 2006, Clinton was reelected to the Senate, winning 58 out of New York’s 62 counties.
In 2007, she began her first historic campaign for president, winning 18 millions votes and becoming the first woman to ever win a presidential primary or caucus state. In the 2008 general election, she campaigned for Barack Obama and Joe Biden, and in December, she was nominated by President-elect Obama to be Secretary of State.
In her four years as America’s chief diplomat and the President’s principal foreign policy adviser, Clinton played a central role in restoring America’s standing in the world and strengthening its global leadership, visiting 112 countries over 4 years, restoring America’s standing in the world. Her “smart power” approach to foreign policy elevated American diplomacy and development and repositioned them for the 21st century – with new tools, technologies, and partners, including the private sector and civil society around the world. She led the effort to impose crippling sanctions on Iran, laying the foundation for a historic agreement to curb its nuclear program, and negotiated a ceasefire between Israel and Hamas that prevented a new war in the Middle East. Across the world, she defended universal values and pushed the frontiers of human rights.
In 2016, Clinton made history again by becoming the first woman nominated for president by a major U.S. political party. As the Democratic candidate for president, she campaigned on a vision of America that is “stronger together” and an agenda to make our economy work for everyone, not just those at the top. She won the national popular vote, earning the support of nearly 66 million Americans.
Hillary Rodham Clinton is the author of eight best-selling books, including her groundbreaking book on children, It Takes A Village (1996); Dear Socks, Dear Buddy (1998); An Invitation to the White House (2000); her memoirs, Living History (2003), Hard Choices (2014), and What Happened (2017); a picture book edition of It Takes a Village (2017); and The Book of Gutsy Women (2019), in collaboration with Chelsea Clinton.
She and President Clinton reside in New York, have one daughter, Chelsea, and are the proud grandparents of Charlotte, Aidan, and Jasper.
Since 1996, Jay R. Ritter has served as the Joseph Cordell Eminent Scholar in the Department of Finance at the University of Florida. He has previously taught at the University of Pennsylvania’s Wharton School, the University of Michigan, the University of Illinois at Urbana-Champaign, and the Massachusetts Institute of Technology’s Sloan School of Management. Prof. Ritter is best known for his articles concerning equity issuance, especially initial public offerings. He has served as a Director of the American Finance Association, and was President of the Financial Management Association for 2014-15. Prof. Ritter is an Associate Editor of numerous academic journals and has over 40,000 citations on Google Scholar. He has also consulted on valuation and market manipulation cases, as well as securities issuance, and is frequently quoted in the financial press. He is a frequent visitor to Asia, Australia, Canada, and Europe. Prof. Ritter received his BA, MA, and PhD (1981) degrees in economics and finance from the University of Chicago.
Earvin “Magic” Johnson is the Chairman and Chief Executive Officer of Magic Johnson Enterprises, an investment conglomerate that provides high-quality products and services that focus primarily on ethnically diverse and underserved urban communities. Having left the basketball court for the boardroom, Johnson parlayed the skills and tenacity he acquired on the court into a winning formula for his successful business ventures.
For the last two decades Johnson has consistently turned heads with his unprecedented partnerships. In his early years as an entrepreneur, he forged an alliance with Sony Pictures to develop Magic Johnson Theatres. In 1998, he teamed with Starbucks to become the only franchisee in the history of the company, acquiring and eventually selling 125 stores in a lucrative move which further solidified his position in the business world. Both ventures served as catalysts for redevelopment in urban communities, and are widely recognized as the corporate blueprint for engagement and success with urban consumers across America.
Still a commanding presence in the sports world, he made history in 2012 when he became co-owner of the Los Angeles Dodgers, a Major League Baseball franchise that was purchased for an astronomical $2 billion dollars. It was the highest purchase price for any professional sports team at the time. He also co- owns the Los Angeles Sparks of the WNBA, Major League Soccer’s Los Angeles Football Club, and eSports franchise Team Liquid.
Johnson continues to expand his influence through a number of other investments. He currently has controlling interests in EquiTrust, a $18 billion financial services company, ASPiRE, an African-American television network, and SodexoMAGIC, a food service and facilities management company.
The Lansing native is constantly evolving and remaining relevant in a dynamic digital age by broadening his scope into infrastructure and technology. Through a newly formed fund, Johnson is investing millions of dollars on infrastructure improvement in the United States. Operating under the philosophy that true success is making others successful, he is one of the leading investors in a number of minority-owned tech companies that include Uncharted Power, a company that uses their renewable kinetic energy solutions to generate clean, consistent, and cost-efficient power for communities, facilities, and the Internet of Things; ShotTracker, a company that makes wearable technology for basketball players that helps track player and ball movement; Jopwell, a diversity and hiring recruiting platform; Walker & Co Brands, a company that develops health and beauty products for people of color; and MiTú, the Latino- fueled media brand and digital network that connects thousands of Latin content creators with viewers around the world. He is deliberate in his investment strategy to bring positive impact to the community.
Jan Sysel is a corporate finance partner resident in Fried Frank’s New York office and co-heads the Firm’s fund finance practice. Mr. Sysel represents sponsors, borrowers, arrangers and lenders on a wide variety of financing transactions primarily in connection with fund formation, as well as leveraged acquisitions, spinoffs, recapitalizations and restructurings, across a broad range of industries. He has extensive experience in structuring, negotiating, documenting and executing complex financings, including syndicated senior facilities, mezzanine facilities and private debt placements. His work includes unsecured and secured first and second lien facilities, both cashflow-based and asset-based, with particular focus on fund subscription facilities and other types of investment fund leverage.
Mr. Sysel previously worked on secondment at Goldman Sachs, where he advised on loan transactions for private wealth management clientele. Prior to joining Fried Frank, he practiced corporate law in the Czech Republic for several years and served in the Czech Army as a staff attorney at the Litigation Department of the Czech Ministry of Defense.
Mr. Sysel received his JD from Charles University Law School (Prague) in 1999, his JSD from Charles University Law School (Prague) in 2002 and his LLM from Columbia Law School in 2005, where he was a Harlan Fiske Stone Scholar. He is admitted to the bar in New York.
Fabrice Guesde took up his role as Head of Global Structured Credit & Solutions (GSCS), Asia Pacific in April 2016. Based in Hong Kong, he is responsible for overseeing the development of Natixis’ structured credit solution offering in the region, including across asset-backed securities (ABS), collateralized loan obligations (CLOs), capital call facilities and fund financings, and a range of bank and insurance regulatory solutions.
Fabrice has over 25 years’ experience. He began his career in 1989 at Manufacturers Hanover Bank (now JPMorgan Chase), based in Paris, and in 1991 joined Bayerische Landesbank, Paris Branch as Head of Credit and then Head of Structured Credit & Syndication. In 1996 he moved to Commerzbank as Head of Corporate Banking and Structured Credits, France, and in 2003 he joined European IT business-to-business service provider Econocom as Group Financial Director. He joined Natixis in 2006 as Head of Commercial Coordination in the Structured Finance and Market platform, and in 2008 was appointed Head of Debt Engineering. In 2011, Fabrice was named Head of Credit & Insurance Solutions as part of the creation of the GSCS business line, subsequently overseeing the setup and development of Natixis’ capital call and fund financing business for Europe.
Fabrice is a graduate of Institut d’Etudes Politiques, Paris, and holds a Master of Law degree from University of Paris II. In addition to French, he speaks English, German and Dutch.
Fiona Chan is a partner in the corporate department, leading the office’s full spectrum of finance, banking, non-contentious insurance, private client and trust, and technology and innovation matters relating to the laws of Bermuda, BVI and Cayman Islands. She is also a member of Appleby´s Global Technology & Innovation Group and Economic Substance focus group.
Fiona has almost 20 years of offshore and onshore experience in the Asian market, half of which was spent in the London and Hong Kong offices of Clifford Chance. She regularly speaks at conferences and contributes to articles and thought leadership pieces prepared by industry journals. She is the editor of the firm’s quarterly publication “Appleby Asia Alert” which provides regulatory updates on Cayman, BVI and Bermuda law and their potential impact to Asian clients.
Fiona was selected as one of the region’s 10 most notable offshore lawyers in Asian Legal Business’ Offshore Client Choice List in 2017, 2018 and 2019.
Mr. Tam joined Hony Capital in 2016 as Managing Director and Chief Financial Officer. Mr. Tam has more than 20 years of experience in providing tax and consulting services for multinational corporations and private equity institutions. He helped local and overseas private equity firms in designing fund structure and tax planning for fundraising. He also helped fund managers, individuals, or institutional investors in tax planning in order to achieve optimal tax effect.
Prior to joining Hony Capital, Mr. Tam was a Tax Partner at PwC.
Mr. Tam received a B.S. in Tax and Accounting at Golden State University.
Ee Fai joined Preqin in 2010. He leads Preqin’s research strategy and manages its operations in Asia Pacific. He is one of the pioneer members of the Singapore team and successfully led the setting up of other offices in Hong Kong, Manila and Guangzhou. He has deep experience in private equity, real estate and infrastructure research. Ee Fai received a BEng in Material Engineering from Nanyang Technological University in Singapore.
Preqin’s multilingual research teams in Singapore and Hong Kong build valuable relationships with industry leaders for primary research, while the Manila and Guangzhou teams focus on secondary research via various public sources.
Jann Perng (“JP”) is an Executive Director in the Financial and Strategic Investors Group (FSIG) in Greater China and North Asia, based in Hong Kong.
Before joining FSIG, he worked in Corporate Finance for more than six years, focusing on sponsor financing and structured lending in Greater China.
Prior to joining Standard Chartered in mid-2011, JP worked in China Construction Bank, Bank of America and KPMG Corporate Finance, where he worked on a variety of transactions including M&A, corporate advisory, leverage and structured finance, special assets and capital markets in Singapore and Hong Kong.
JP graduated with First Class Honours from the London School of Economics and Political Science on a scholarship from Singapore Press Holdings, shortly after which he obtained his CFA charter. He speaks fluent English, Putonghua, Cantonese and basic German.
Danny Song is a Director in China Merchants Bank New York Branch, and is the manager of the branch’s fund finance product line. Since joining China Merchants Bank in 2014, Danny has served in various capacities including coverage of Financial Institutions, Alternative Investment Advisory, Asset Management, and Fund Finance. Prior to joining CMB, Danny worked for Deutsche Bank and KIG Capital Advisors. Danny holds a M.B.A. from New York University, a M.S in Finance from UIUC, a M.A. in Policy Economics from UIUC, and a B.S. degree from the University of St. Andrews.
Emma has 13+ years in Fund Finance in both US and China. She is Head of Private Equity for East West Bank greater China/Asia and specialized in providing customized and creative transactions to private equity firms. Before joining East West, Emma was responsible for developing client relationships and managing a portfolio of private equity firms in US at Comerica Bank’s Boston office for 6 years. Previously, she worked at MUFG’s New York office.
Emma holds a Master’s in Finance from Brandeis International Business School, and a BA from Osaka Prefecture University. Emma is a trilingual, speaking Chinese, Japanese and English.
Terrance Philips is a Managing Director at Citi Private Bank in Hong Kong, acting as the Asia Head of Private Equity Client Coverage. In his role he is responsible for developing relationships with General Partners of Private Equity Firms and their respective Funds across Asia. Philips coordinates with his partners to deliver the Citi Bank platform to the Private Equity asset class to include; Subscription Facilities, Private Banking, Investment Banking and Funds Distribution.
Prior to joining the company, Terrance spent twelve years with Silicon Valley Bank including several increasingly senior positions including cash management advisor, global treasure advisor and Managing Director responsible for the firm’s Global Private Equity Service Group. Philips managed relationships with more than 130 international venture capital firms throughout Asia, Europe, Israel and South America.
In addition, he is an advisor to the board of directors of both the China Venture Capital Finance Organization and the Hong Kong Private Equity Finance Association. Terrance is also a board member of the Children’s Medical Foundation, a Hong Kong based non- governmental organization focused on saving lives of new born babies in rural China. He is a member to the Hong Kong Select USA Committee focused on generating Direct Foreign Investment to the USA.
Philips holds a bachelor’s degree in international business from Pepperdine University, and a MBA from Pepperdine University’s Graziadio School of Business. Prior to Business School, Terrance was also a mentor for BUILD, a nonprofit organization committed to motivating under-resourced high school students to succeed in school and go to higher education by helping them start and run their own businesses.
Charlie Clayton-Payne is a Partner in the Banking and Finance team in our Hong Kong office. He is an international finance specialist with a wealth of experience across industry sectors and geographies in the Asia Pacific region.
He advises onshore law firms, borrowers and financial institutions on a wide variety of structures, including cross-border sponsor backed acquisition financings, capital call facilities, syndicated secured lending, structured lending, leveraged finance, project finance, aviation finance and debt restructurings.
Prior to joining us, Charlie was a counsel in the Hogan Lovells Singapore banking and finance team where he worked for six years establishing a leading banking and finance practice. Before that, he was based in London, where he worked for four years at the heart of the European leveraged loan market.
During his time in Asia, Charlie has spent over a year on secondment at Standard Chartered Bank working with the loan structuring and syndication teams and is consistently ranked in both Chambers & Partners and Legal 500 as a leading finance lawyer in the Asia Pacific region as recognition for the strength of his practice.
Tom is a Partner in the Banking & Finance team at Allens. He has extensive experience advising lenders and sponsors in a range of financings, with particular expertise in funds finance, leveraged and acquisition finance and derivatives.
Tom is recognised as a leading practitioner in the Australian market representing financiers on subscription financing transactions for both domestic and global funds, including Partners Group, Pacific Alliance Group, First State Super, PEP, AMP, Quadrant Private Equity and Next Capital. He is active across the spectrum of funds in the Australian market, being private equity funds, infrastructure funds and offshore funds accessing Australian capital. In 2018, he acted on subscription finance transactions having an aggregate value in excess of A$4 billion.
Client sources in Chambers Asia Pacific 2019 acclaim Tom’s straightforward and frank approach to advice, noting ‘he’s the kind of guy I trust. If he tells me I’m doing something wrong or I’m aggressive, it helps in a commercial context; he’s more like a partner than an adviser.’ In the 2018 guide a client source explained that ‘he’s very open, very direct and will tell you straight if something needs to be discussed – he’s the most direct, commercial and savvy lawyer I know.’
Tom graduated from Cambridge University in 1996.
Goodwin is the Founder and Managing Principal of Gaw Capital Partners, a uniquely positioned real estate private equity fund management company that focuses on markets in Greater China and other high barrier to entry markets globally. Gaw Capital has raised five commingled funds targeting the Greater China and APAC regions since 2005. The firm also manages value-add/opportunistic funds in Vietnam and the US, a Pan-Asia hospitality fund, a European hospitality fund and also provides services for separate account direct investments globally. Gaw Capital Partners has raised equity in excess of USD$13 billion as of 2018 Q3 and currently commands assets of over USD$23 billion under management encompassing residential developments, retails centers, hotels, commercial and logistic properties.
Goodwin has over 20 years of real estate investment and management experience in the United States and Asia. He founded Downtown Properties in 1996 and serves as Managing Principal. He’s especially interested in re-positioning distressed heritage properties. These include the renovation of the iconic Hollywood Roosevelt Hotel and conversion of over 456,000 square feet of empty historical buildings into hip residential lofts in downtown Los Angeles including the acclaimed Douglas Building. He also served as Vice Chairman of Pioneer Global Group.
Goodwin received a BS in Civil Engineering from the School of Engineering at the University of Pennsylvania, a BS in Finance from the Wharton School at the University of Pennsylvania, and a MS in Construction Management from Stanford University.
Jonathan Peiper is a Managing Director & Group Head in Sumitomo Mitsui Banking Corporation’s Subscription Secured Finance Department, which acts as a Lead Arranger and Bookrunner on loans to many of the world’s preeminent private equity funds in the US, Europe and Asia. Mr. Peiper has been originating, structuring, arranging and executing subscription credit facilities and other fund financings for over 15 years and is currently a leader in its global department. Formerly, Mr. Peiper was a member of Sumitomo Mitsui’s Public Finance Department where he focused on providing letters of credit, loans and bond purchases for municipalities, hospitals, not-for-profits, and public and private partnerships.
Neha is responsible for the coverage of Financial Sponsors and Funds in Asia for the Commonwealth Bank of Australia, based out of Hong Kong. Neha has over 15 years of banking experience in both developed and emerging markets having worked in the sector in India, Singapore, the UK and Hong Kong. She has held a variety of cross-functional roles across Institutional and Retail Banking including Financial Institutions Client Coverage, Product and Program Management, and business planning for the CEO of a FTSE 100 bank. She has wide experience in both fund and asset level financing having supported both global and regional Asian sponsors in developing and executing financing solutions. Neha holds an MBA from the Indian Institute of Management and B.Com (Hons) from Delhi University.
James, who specialises in Cayman Islands and British Virgin Islands (BVI) law, advises on a wide range of debt transactions, including acquisition and leveraged finance, real estate finance, fund finance, margin lending, structured finance, bond issuances, distressed debt, security enforcements, work-outs and debt restructurings. In addition, he acts on corporate transactions, including on all downstream private equity deals, investments, mergers and acquisitions, joint ventures, shareholder arrangements and corporate restructurings.
Prior to joining Carey Olsen, James was a partner in the Hong Kong office of another leading offshore law firm, where he worked on many of the largest regional transactions. He has previously lived and worked in both the Cayman Islands and BVI for nearly five years. Before moving offshore, James started his legal career with Allen & Overy, and spent nearly a decade working in its London and Singapore offices.
George Jovanoski is a Vice President and Senior Client Executive at Sumitomo Mitsui Banking Corporation in New York. George is responsible for the origination & structuring of fund finance facilities for private equity, real estate, infrastructure, and private debt managers globally, primarily as lead arranger & bookrunner. He also shares responsibility for coverage of financial sponsors across SMBC’s global franchise. George has extensive experience in structuring subscription secured, hybrid and NAV facilities, as well as fund-level FX solutions.
Prior to SMBC, George worked at Westpac Banking Corporation, where he spent five years in the financial institutions group in New York and helped establish Westpac’s subscription finance business. Before moving to New York, George spent three years in Westpac’s restructuring & insolvency team post the global financial crisis. George has also worked at UBS in the Investment Banking Department in Australia and has deal experience in real estate finance, project finance, and leveraged finance.
George holds a Bachelor of Science (Chemistry, Physics) from The University of Sydney, and is an Executive MBA Candidate at Columbia Business School, where he is part of the Private Equity Fellows Program and serves on the Executive MBA Advisory Board.
Omar is a managing director in the Merchant Banking Division (MBD) in Capital Markets. He is responsible for global fund financing for MBD and leads capital raising activities in the Asia Pacific region.
Prior to assuming this role in 2016, Omar served as head of the US CLO New Issue Business. Omar was based in London from 2012 and headed the European effort on financial institution solutions for credit and mortgage products, and he was head of the Mortgage desk in Asia Pacific from 2005 to 2012. Before that, Omar worked on the Structured Product Syndicate desk in New York before setting up the department’s desk in Tokyo in 2005. He joined Goldman Sachs in 2000 in the Investment Banking Division, where he worked on structured finance solutions for the firm’s clients until transitioning to the Securities Division. Omar was named managing director in 2008.
Omar earned a BS in Business Administration from the Carroll School of
Management at Boston College in 2000.
Jean Woo is a partner in the international finance department in the Singapore office of Ashurst. She has over 15 years of international banking and finance experience across London and Singapore. Her practice includes all aspects of structured finance such as acquisition finance, fund finance, structured trade and commodities finance, telecoms financing as well as restructurings. She has considerable experience acting for banks / financial institutions in the development of new banking products including those relating to fintech and supply chain financing. Jean is qualified as a solicitor in England and Wales and a solicitor and advocate in Singapore.
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 nearly 16,000 employees across 38 countries. Its clients include corporations, financial institutions, sovereign and supranational organizations, as well as the customers of Groupe BPCE’s networks. Listed on the Paris stock exchange, Natixis has a solid financial base with a CET1 capital under Basel 3(1) of €11.1 billion, a Basel 3 CET1 Ratio(1) of 11.5% and quality long-term ratings (Standard & Poor’s: A+ / Moody’s: A1 / Fitch Ratings: A+).
(1) Based on CRR-CRD4 rules as reported on June 26, 2013, including the Danish compromise – without phase-in. See note on methodology in the 2Q19 earnings material.
Figures as at 30 June 2019
F. William Reindel is a partner in the Corporate Department and the Finance Practice at Fried, Frank, Harris, Shriver & Jacobson LLP. Mr. Reindel is a resident in Fried Frank’s New York office. He Joined the Firm in 1978 and became partner in 1986.
Mr. Reindel represents top tier sponsors of private equity, debt, infrastructure, energy and other investment funds, on a wide variety of fund level financings, including subscription facilities, NAV-based facilities and “hybrid” facilities; fund guarantees and other credit support of portfolio level financings; and financings for public and private BDC’s.
Additionally, Mr. Reindel’s practice includes advising sponsors, borrowers and lenders on syndicated senior facilities, second lien facilities, US and European mezzanine financings, private placements and commodities hedge financings.
Mr. Reindel is consistently recognized by Chambers Global: The World’s Leading Lawyers for Business and Chambers USA: America’s Leading Lawyers for Business as a leading individual in Banking & Finance. He is also consistently recognized by Legal 500 in Finance: Bank Lending.
Mr. Reindel received his JD from the University of Minnesota Law School in 1978, where he served as an editor of the Law Review. He received his BA, magna cum laude, from Amherst College in 1975, where he was elected to Phi Beta Kappa. He is admitted to practice in New York.
Doos Choi is a partner and member of the global fund finance practice at Mayer Brown. He has a wealth of international experience in banking and finance gained across three continents having worked in London, Sydney and Hong Kong across a wide range of products including capital call financings, representation of funds and lenders in sponsor-led transactions relating to leveraged and acquisition finance loans and, loan-to-own financings and distressed portfolio sales and work-outs. Doos’ experience spans numerous sectors including fund finance, real estate, healthcare, financial services, oil & gas, retail, IT, consumer services, automotive, mining, gaming and insurance. Doos advises banks, financial institutions, debt and private equity funds and corporates on complex multi-jurisdictional, multi-tiered, full and limited recourse financings. He speaks English and Korean.
Allen & Overy is an international law firm founded in 1930 and a strong and forward looking organisation. Our 2,300 lawyers in over 40 offices worldwide serve businesses, financiers and governments whenever there is a need for decisive legal advice involving complex transactions. Through our international network of offices, we are well placed to respond quickly and effectively on a co-ordinated worldwide basis.
Our global fund finance practice advises banks, agents, alternative lenders, funds and investors on legal, regulatory and tax matters. We offer expertise in the key regions, with teams across the U.S. and UK, Luxembourg, the Middle East, Asia and Australia and other key financial centres. Our funds specialists have experience across the full spectrum of the fund finance spectrum, including traditional capital call and subscription credit facilities, asset backed facilities (NAV based), hybrid facilities, open-end fund facilities, GP facilities, HNW facilities and umbrella facilities and as a result have a deep understanding of how funds operate. Working as an integrated team with our specialist lawyers in our fund formation, regulatory, real estate and tax teams, we can offer our clients commercial advice on all legal issues relevant to all parties in fund finance transactions.
David Azcue is Counsel in the Firm’s Asia Private Funds Practice and is based in Tokyo, where he co-heads the Firm’s Private Funds Practice in Japan. He has spent most of the past 30 years in Japan, the last 13 focused exclusively on private funds matters.
David’s practice focuses on advising fund sponsors in connection with all aspects of fundraising across a broad range of strategies, with particular focus on structuring and marketing of Japan-focused buyout funds. He also advises sponsors on structuring, financings, operations and other related matters. He represents many of the leading sponsors and asset managers in Japan, and is praised for his ability to merge global first in class expertise with Japan-specific knowledge and insight. David has been recognized as a leading private funds lawyer by various authorities including Chambers Asia-Pacific and Who’s Who Legal.
Patrick is a Partner based in Allen & Overy’s Hong Kong office. He has experience in a wide range of banking and finance transactions including bilateral and syndicated corporate lending, acquisition financings, fund financings, equity margin financings, pre-IPO investments and other event-driven financings. Patrick regularly represents banks and non-bank financial institutions on structured cross-border financings in the Asia Pacific region. From 2010 to 2014, Patrick was a legal counsel at Deutsche Bank partnering with the business to manage risks and produce tangible solutions on a range of debt products offered by the Structured Finance team. Patrick speaks Mandarin, Cantonese and English.
Marius is ING’s Head of Non-Bank Financial Institutions Asia (NBFI) and Head of Financial Sector Lending Asia (FISLA). The FISLA team includes ING’s subscription and fund financing business while the NBFI team is responsible for the overall coverage of asset managers, sponsors, insurers, securities companies, pension funds and SWFs in the region
Marius has been with ING for 16 years in Europe and Asia where he has held various structuring, lending and origination roles and previously worked in Deloitte’s international tax structuring practice in Europe. He holds an LLB and LLM from the University of Amsterdam and an MBA from Georgetown University.
Shirleen has broad experience of debt financing transactions and specialises in advising lenders and borrowers in relation to Cayman Islands and British Virgin Islands law aspects of fund finance, leveraged and acquisition finance, real estate finance, asset finance, structured finance, project finance, margin lending and general corporate lending. Shirleen regularly acts for the most active lenders and sponsors in the market as well for regional and global private equity, debt and real estate funds as borrowers of fund financing products. Shirleen worked in Walkers’ Hong Kong office for five years before moving to the Singapore office in September 2017.
Chiwu Park is the Head of SAIM’s Real Estate and Structured Finance team, which is one of the leading Korean Alternative Asset Managers based in Seoul. Equipped with a clear mission statement of becoming Korea’s Top Capital Exporter, his team actively invests in overseas real estate, real estate debt, and structured finance products. In order to meet Korean institutional investors’ demand for credit-enhanced debt products, SAIM has proactively expanded its business to Fund Financing in 2018 which was the first Fund Finance product introduced in Korean Non-Banking debt market. Currently, SAIM manages around $1.4bil of fund financing assets for its key investors.
Before joining SAIM, he worked for Korea Exchange Bank, SMBC and KTB AMC in cross-border finance and real estate. Chiwu Park holds Bachelor’s Degree in Sociology from Seoul National University.
John Cahill is the head of the Real Estate Finance practice group of Paul Hastings. Mr. Cahill divides his time between Hong Kong and New York. He has extensive experience working with clients throughout the United States and Asia, including Hong Kong, India, Japan, Singapore, Taiwan, China, and Korea. Mr. Cahill represents major financial institutions, private equity funds and other institutional investors, in complex domestic and cross-border commercial transactions. His practice has concentrated on the representation of investment banks, insurance companies, private equity funds, development companies, other types of institutional lenders and venture capital firms in the formation of real estate private equity funds and raising equity and debt for such funds. Mr. Cahill represents many investment banks, private equity funds and other institutional investors who are focused on structured finance transactions, including, without limitation, commercial mortgage backed securities, A/B note structures, repurchase agreements, corporate credit facilities, subscription lines of credit, mezzanine finance transactions, preferred equity investments, convertible debt transactions and commercial loans. In connection with his representation of private equity funds, venture capital firms and pension trusts, Mr. Cahill has done numerous joint ventures for the acquisition financing and development of commercial real estate projects in the U.S. and Asia with an emphasis on hotels and resorts. Mr. Cahill is admitted in New York and Hong Kong.
Robert specialises in balance sheet management for Financial institutions, including capital management, risk management and asset-liability management. Robert focuses on FI regulatory and industry developments spanning Banks, Insurers and other non-bank FIs (e.g. fund sponsors, Leasing cos, etc) in Europe and APAC; and the application of Financial products, including capital markets, derivatives, payments and financing; to solve for the objectives of FIs. Prior to ANZ, Robert spent 16 years in the FI business in Asia, including roles in Risk management in ABN AMRO, Risk management Advisory in PwC Financial Risk Management unit advising on Basel II implementation; FIG specialist in JPMorgan focused on balance sheet management and providing derivative and capital market solutions to FI clients, FIG Solution sales in UBS and the Boston Consulting Group in FI business and operating strategy advisory. Robert has a MSc (Operations Research & Management) from the University of Amsterdam.
Yemi Tépé is a partner in the Finance and Projects Group of Morrison & Foerster, based in the Singapore office. She specializes in domestic and multi-jurisdictional acquisition and leveraged finance, public to private takeovers, real estate finance, debt structuring and restructuring, syndicated lending and subscription line financing.
Yemi advises leading international banks and financial institutions, major corporates, private equity sponsors, alternative financiers such as hedge funds and asset managers, as well as emerging growth, mid-cap, and large public and privately held companies. Her practice extends across various sectors including technology and telecoms, banks, private equity, life sciences, F&B, education, energy and power, mining and resources, oil and gas and real estate. Yemi has extensive experience on significant and high profile transactions globally including in Singapore, Japan, Korea, Thailand, Indonesia, Vietnam, Malaysia, Hong Kong, the U.S., and across Europe.
Yemi is praised by clients as a “high quality” practitioner with “a lot of transactional experience and knowledge”. She is considered “a very safe pair of hands” who is “extremely commercial and user-friendly”, “methodical in her work process and extremely responsive”, “very reliable, and never puts a step wrong” and whose “expertise blew everyone’s socks away.”
Eugene Min is Blackstone’s Head of Business Finance for Asia. Since joining Blackstone in 2018, Mr. Min has been leading the Business Finance team members in Hong Kong, Singapore, Tokyo and Mumbai to support the Real Estate, Private Equity and Tactical Opportunities businesses. Before joining Blackstone, Mr. Min worked at CLSA Capital Partners, a multi-strategy alternative investment platform, as their Chief Financial Officer and a member of the management team where he was responsible for the platform’s finance, tax, reporting, valuation and corporate planning functions. Prior to that, Mr. Min spent 13 years at J.P. Morgan Asset Management in their Global Real Assets Group initially based in New York and subsequently relocated to Hong Kong to help launch their Asian Infrastructure investment platform. Prior to that, Mr. Min worked at Ernst & Young in New York.
Andrew Hutchins covers a wide range of bank lending areas, including acquisition finance, syndicated lending, funds financing, structured lending and restructuring.
Adam Furber is a Partner in Simpson Thacher’s Hong Kong office and the head of the Firm’s Asia Investment Funds Practice.
Adam has been recognized as a “Global Elite Thought Leader” in fund formation by Who’s Who Legal Global Elite 2019. According to Who’s Who Legal, “Thought Leaders” are individuals who received the most nominations from peers, corporate counsel and other market sources, and are identified as “truly outstanding practitioners and the very best in their field.” Adam has also been recognized as a leading funds lawyers by Chambers Global, Chambers Asia-Pacific, Legal 500, and IFLR1000. Simpson Thacher’s Asia funds practice has won numerous awards, including “Investment Funds Firm of the Year” at the 2019 and 2017 Asia Legal Awards and 2019 Asia Legal Business Japan Awards, and “Asia Fund Formation Firm of the Year” by Private Equity International.
Adam’s recent experience includes the representation of Advantage Partners, Affinity Equity Partners, Aspirant, Blackstone, Carlyle, CLSA, Delos, EmergeVest, Hillhouse, Integral, J-Star, KKR, Morgan Stanley, PAG, Polaris, Unison, Yunfeng and Zebra Global.
Adam holds a J.D. from the University of Minnesota Law School and a B.A. from Colby College. Adam has been based in Asia for more than 15 years, prior to which he was based in New York. He has lived in Brazil, China and Germany, and has basic Mandarin skills and is fluent in Portuguese and German.
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 nearly 16,000 employees across 38 countries. Its clients include corporations, financial institutions, sovereign and supranational organizations, as well as the customers of Groupe BPCE’s networks. Listed on the Paris stock exchange, Natixis has a solid financial base with a CET1 capital under Basel 3(1) of €11.1 billion, a Basel 3 CET1 Ratio(1) of 10.6% and quality long-term ratings (Standard & Poor’s: A+ / Moody’s: A1 / Fitch Ratings: A+).
(1) Based on CRR-CRD4 rules as reported on June 26, 2013, including the Danish compromise – without phase-in .
Figures as at 31 March 2019
Mike Mascia is Co-Chair of Cadwalader, Wickersham & Taft’s Finance Group and a member of the firm’s Management Committee. He has a globally recognized fund finance practice, having represented lenders in subscription credit facilities to real estate and private equity funds sponsored by many of the world’s preeminent fund sponsors. He has been lead counsel on numerous hybrid facilities, and is one of the few attorneys in the United States with experience in both subscription credit facilities and CLO’s. Mike represents lenders on leverage facilities to secondary funds and other credits looking primarily to fund assets or NAV for repayment. Mike is the founder of the annual Global Fund Finance Symposium and he is a founding member and the Secretary of the Funds Finance Association.
Bronwen is a partner at Reed Smith in London, a member of the Reed Smith Financial Industry Group and co-heads their Funds Financing Team in London. She acts for banks and other financial institutions, sponsors, general partners and fund managers on a range of fund finance matters including capital call facilities, NAV and asset backed facilities, hybrid facilities and general partner/co-investment facilities.
Mr Cunningham has overall responsibility for all matters relating to accounting, financial control, taxation, fund administration and reporting and regulatory compliance for the Helios group entities. An experienced private equity finance and administration executive with 32 years in the industry, he served as Chief Financial Officer and Chief Operating Officer for Barclays Private Equity (“BPE”) for six years prior to joining Helios in May 2008, and previously as Director, Head of Finance & Product Control Projects at Barclays Capital. His responsibilities included the reporting and administration of various managed funds as well as internal reporting / administration for BPE’s proprietary business. Mr Cunningham is Chairman of the International Private Equity and Venture Capital Valuation Guidelines (“IPEV”) Board. Prior to joining Barclays, he worked within the finance functions of various major investment banks, including Deutsche Bank and Credit Suisse, since qualifying as a Chartered Accountant with Ernst & Whinney in 1989. He graduated with a BS (Hons) in Mathematics from Imperial College.
Kim joined CBA in 2009 and manages CBA’s European Funds business. Her primary focus is origination and execution of fund finance transactions, hedging solutions and co-ordination of the Bank’s broader relationships with Financial Sponsor clients across the spectrum of alternative asset classes. Kim holds a BSc in Business majoring in Accounting and Banking.
Keith joined InfraRed in 2007.
Keith is currently responsible for managing the financial activities of HICL Infrastructure PLC, fund manager for the Yield Fund and portfolio management across InfraRed’s various infrastructure funds. His work includes fund management, transaction structuring, portfolio valuation, portfolio enhancement, investor meetings and financial reporting, as well as an involvement in capital raising.
Before joining InfraRed he was at John Laing plc for 5 years, latterly as portfolio director responsible for acquisitions and portfolio management, serving on the investment committee. Keith has a background in corporate finance and project finance, with over 20 years’ experience in infrastructure investments, which has included structuring new projects, restructurings, refinancings, acquisitions, disposals and asset management.
Keith has qualified as a chartered accountant at PwC and graduated with a first class honours BSc in mathematics from Durham University.
Christopher is a Partner in Mourant’s Cayman Islands office specialising in cross border bankruptcy and restructuring. He represents funds, investors, lenders, insolvency practitioners, directors and all other stakeholders affected by financial distress.
He was admitted to practise as a solicitor in England and Wales (currently non-practising) in 1986 and was admitted as a Cayman Islands attorney in 2014. He is recognised as an expert in his specialism by the leading directories and is regularly called upon to provide expert testimony in foreign Courts.
George has been at Citi for over 14 years and has worked on arranging some of the largest syndicated facilities in the European subscription facility market. Prior to leading the EMEA Subscription Finance business, he was responsible for general asset backed lending across a number of different asset classes including commercial real estate, art, aircraft and marketable securities. George started his Citi career in New York structuring corporate loan facilities for law firms. George has a first class honours degree from Manchester University.
Mr. Buck is Senior Director of European Investments. Prior to Clarion Gramercy, he worked in the investment team at the UK opportunistic real estate fund manager Brockton Capital where he split his time between acquisitions and asset management activities. Before Brockton, Mr. Buck worked as an investment professional for Doughty Hanson Real Estate (DHRE), the pan-European opportunistic real estate investor. Mr. Buck started his career in the Real Estate Gaming and Leisure (REGAL) corporate finance team at Deutsche Bank AG. Mr. Buck has a BA from the University of Pennsylvania.
Robert is the Managing Partner of Mourant’s London office and specialises in all areas of corporate, banking and finance work. He has established corporate finance and financial regulatory practices, and regularly advises on the establishment and operation of investment funds in the Cayman Islands. Before joining Mourant Ozannes, Robert worked at Walkers and at Slaughter and May in London. Legal 500 UK, 2015, recommends Robert and describes him as ‘commercial, bright and unfailingly courteous’.
Mr. Weber joined OGAM in its London office in 2012 as a principal and Head of Structuring. His primary responsibilities are transaction origination and structuring, and oversight of the firm’s European operations. Prior to joining OGAM, Mr. Weber had his own consulting business between 2011 and 2012, advising the Administrators of MF Global UK Limited (in special administration) and certain creditors of Lehman Brothers Finance S.A. From 2008 to 2011, Mr. Weber headed the European Capital Markets and Derivatives unwind team for Lehman Brothers Holdings Inc. Prior to that, he was a Managing Director at Lehman Brothers in London. From 2004 to 2007, Mr. Weber was a Managing Director at RBS, where he built the firm’s global fund derivatives business. Mr. Weber started his career at JPMorgan as one of the original members of the firm’s structured credit business. He holds a BA (Hons) from Colby College in Economics and Mathematics, an MBA from the University of Pennsylvania’s Wharton School and an MSc in Agricultural Economics from the University of London. Mr. Weber is a CFA Charterholder and a Member of the Board of Visitors at Colby College.
David Wasserman is Managing Director and Heads the Subscription Secured Finance business for Morgan Stanley. Mr. Wasserman’s department is responsible for the origination, structuring, syndication and servicing of Subscription Facilities to Private Equity Funds across all alternative asset classes.
Previously, Dave worked at SMBC for 14 years and was the Global Head of Subscription Finance. At SMBC he had lent to real estate, infrastructure & energy, buyout, and credit funds with operations in Asia, Australia, Europe, and the Americas. Mr. Wasserman has been previously with Bank of America and PwC.
David has a B.S. in Applied Mathematical Economics from SUNY Oswego and a MBA and Masters of Quantitative Finance from Rutgers University.
Daniel joined Macquarie Asset Management in April 2016. Daniel completed his training contract at Clifford Chance and qualified as a solicitor into their Private Funds department, where he remained for four years. His role at Clifford Chance included advising investment managers and investors on the establishment and offering of private funds, co-investment arrangements and separate accounts. Since joining Macquarie, Daniel has worked in the legal team of Macquarie Asset Management, providing legal support to the Macquarie Investment Management and Macquarie Infrastructure Debt Investment Solutions businesses. His area of expertise includes fundraising, fund structuring and distribution.
Thomas Rapp is a Managing Director in Wells Fargo’s Asset Backed Finance unit in London where he focusing on origination and structuring of Fund Finance Facilities in Europe.
The Subscription Finance Group focuses on providing liquidity and fund-level leverage to Private Equity funds across a number of strategies (including buyout, real estate, energy, infrastructure, secondaries, debt strategies and transportation) and jurisdictions (UK, Luxembourg and Channel Islands).
Before joining Wells Fargo as part of the acquisition of WestLB’s platform, Thomas was an Executive Director at WestLB’s London Fund Finance team where he structured Subscription Finance facilities since 2008. Prior to this, Thomas was a Senior Risk Officer for Leveraged Finance and Media/Entertainment and Telecom Structured Finance in WestLB’s New York branch for 4 years. He previously held various positions at WestLB in Germany and started his career with a 2-year Traineeship at Deutsche Bank. Thomas received a Diplom Kaufmann degree in Economics from the University of Kiel (Germany).
Tim Hames has been Director General of the British Private Equity and Venture Capital Association (BVCA) since May 2013. He was previously Deputy CEO and Director of Policy at the organisation. His first career was as an academic at Oxford University where he was a Lecturer in Politics, having previously been an undergraduate and graduate student at the university. He specialised In American Government and also taught British Government and Politics. He has almost thirty publications in various books and scholarly journals on American and British public policy. In 1996 he became a journalist at The Times where he was ultimately the chief editorial writer, a political columnist, an Assistant Editor and edited the newspaper as a whole on numerous occasions. In 2009-2010 he was the first Special Adviser to the Speaker of the House of Commons and responsible for pursuing a wide-ranging programme of parliamentary reform. He came to the BVCA as then Head of Public Affairs, Communications and Campaigns in July 2010. Tim is an Honorary Visiting Fellow of De Montfort University and a Fellow of the Institute of Travel and Tourism.
The BVCA has approximately 500 members evenly divided between practitioners and advisory firms. It is responsible for the representation of the private equity and venture capital sectors to ministers, their shadows, other parliamentarians, officials, regulators, the media, other members of the business community, other stakeholders and society at large. It has extensive public policy, research and communications networks and activities. It works very closely with the EVCA and has ties to more than 25 other equivalent trade associations throughout the world. It also seeks to have deep roots in the whole of the British business community and not just London. It currently employs just over thirty full-time staff, evenly divided between membership services and external advocacy.
Amira Hajili heads the European Fund Financing: Equity Bridge and Hybrid Financing business at Natixis. Prior to joining the Global Structured Credit and Solution Group at Natixis, she worked in Debt Solution Group at Natixis covering Structured Finance Solutions. She has also an academic background as a Professor Associated in the CNAM-Art et Métier and before at the University of Paris 2 Pantheon Assas.
Amira Hajili, is a PhD on Quantitative Finance.
RBS International provide banking services to the alternative investment funds industry, building long-term, collaborative partnerships with fund managers and administrators, investment advisors and other service providers. We take a consultative approach, applying sector insight to tailor solutions to your needs. The strategic and executional capabilities of our people are complemented by eQ, our smart, multicurrency banking platform.
Website – www.rbsinternational.com
Content live – https://rbsinternational.contentlive.co.uk/
Shani (re)joined ANZ in 2014 and has responsibility for managing the banks relationships with European Alternative Asset Managers. This includes provision of fund financing facilities and hedging solutions, as well as supporting her clients broader requirements across the Asia Pacific region.
Shani has 18 years banking experience, focussed primarily on Financial Institutions across Relationship Management, Equity Capital Markets, Strategy and Risk Analysis. She joined ANZ from Lloyds Bank’s Financial Institutions team and prior to Lloyds, was based in Australia working for ANZ.
Huw is a founding partner of TransAtlantica Partners, a relationship driven boutique corporate and political advisory company.
A former world championship athlete and University of London graduate he has more than 35 years of multi-disciplines within global international finance. Starting out in pre big bang in London Huw has lived, worked and spent significant time in many of the world’s major financial centres, including London, Tokyo, New York, Hong Kong, Singapore and Los Angeles developing expertise in a diverse range of areas including asset management, film and entertainment finance and business start ups and strategies.
Based on his expertise in the underlying structural flaws within the Euro Zone and the catastrophic road ahead for the EU post Brexit, has ensured he is a staunch advocate of the UK leaving the EU in short order.
John Mann MP was first elected as Labour Member of the UK Parliament for Bassetlaw in June 2001.
The campaigns and the issues that he has raised in Parliament are in direct response to concerns that have been raised by Bassetlaw residents. This has led to John running high profile campaigns for example, on consumer debt and heroin and treatment for addiction. He has run successful campaigns to keep his local hospital open, and more recently highlighted the problems surrounding sexual harassment and assault in Parliament.
Before entering Parliament, he worked for the Amalgamated Union of Engineering Workers (AEEU), the TUC and TULO. He is a former Chair of Labour Students and just prior to his election he was involved in running the family business.
John was re-elected to the highly influential Treasury Select Committee in September 2017 and currentlyChairs the Treasury Sub-Committee. In a previous period on the committee, he led the campaign for more transparency in the consumer credit industry. John has also been Parliamentary Private Secretary to Minister for the Olympics Tessa Jowell, and for Richard Caborn, then Minister for Sport.
Since 2005, he has been Chair of the All- Party Parliamentary Group Against Antisemitism, supported by the Antisemitism Policy Trust. John has commissioned two major All-Party Inquiries into Antisemitism and a further inquiry into Electoral Conduct. In 2010, he Chaired the Football Association’s Task Force on antisemitism and Islamophobia in football. In May 2009, John received the American Jewish Committee’s (AJC’s) Jan Karski Award in recognition of his commitment and work in fighting antisemitism. In 2008, John established the Inter-Parliamentary Coalition for Combating Antisemitism (ICCA) which he now Chairs.
Kate Hoey has been the Labour Member of Parliament for Vauxhall in London since a by-election in 1989. Born in Northern Ireland she worked in Education and was the education adviser to Arsenal Football Club before her election.
After serving as a Minister in the Home Office in the Blair Labour Government she was appointed the first female Sports Minister in the UK.
An independent minded MP kate campaigned for the UK to leave the European Union.
In October 2017 Ben joined MUFG Investor Services as Global Head of Fund Financing, based in London. He leads the fund financing team globally focusing on the financing needs of clients. This includes originating and structuring solutions for funds of hedge funds via credit facilities and private equity, real estate, debt and infrastructure funds via subscription lines of credit, and FX lines for feeder funds of hedge funds.
Before joining MUFG Investor Services Ben was Managing Director and CEO of Citco Financial Products, managing all aspects of the CFP FCA regulated business covering Front Office, Operations, IT, Risk and Legal whilst driving the development of the business both internally within Citco and externally with clients and funding providers. Prior to becoming CEO, Ben was Head of Front Office globally for Citco Financial Products encompassing structuring, sales & marketing and relationship management for credit facilities, FX execution and hedging calculation to hedge fund investor clients (Fund of Funds, Family Offices & Institutional), building out of new business lines within Citco including lending and Passive FX Hedging Calculation services.
Ben has over fifteen years experience in the Banking & Finance industry developing sales, marketing and structuring across a wide range of products.
Prior to Citco, Ben worked on the Fund Linked Products desks of Bank of America and Societe Generale.
First elected as Member of Parliament for the Ribble Valley in 1992, Nigel Evans currently holds a majority of over 13,000.
Nigel is currently the Vice-Chair of the International Trade Committee and is a member of the International Development Committee, where his role is to scrutinise the work of DfID and the Department for International Trade.
In addition to this, Nigel is the Vice-Chair of the British Group of the Inter-Parliamentary Union; a parliamentary organisation which fosters bilateral relations between parliaments across the globe. Heis also the Co-Chair of the UK-Taiwan Friendship Group in parliament.
In addition he is co-secretary of the influential 1922 Back Bench Committee and heavily involved in the process and over-seeing the Parliamentary Party protocols of the election of the new Prime Minister.
Nigel acted as parliamentary coordinator of the ‘Vote Leave’ campaign during the 2016 EU Referendum.
Ms. Ambrose is Head of Legal for Europe at CVC Credit Partners in London. Prior to joining CVC, Ms. Ambrose worked at BlackRock in the Private Funds and Transactions group in both the New York and London offices as Director and Senior Legal Counsel. Prior to BlackRock, Ms. Ambrose was as an Associate at Skadden, Arps, Slate, Meagher & Flom LLP in New York. Ms. Ambrose has a B.A. from Columbia University and a J.D. from Vanderbilt University Law School.
Ron D. Franklin is co-head of the Firm’s Global Finance Group and leads the Fund Finance practice. He is widely regarded as a leading transactional lawyer who has successfully leveraged his in-depth business acumen to build an active practice focused on finance and corporate matters.
Ron advises clients across a broad spectrum of finance issues, including secured and unsecured lending transactions, fund financings, domestic and cross-border acquisition financings, project financings, workouts, restructurings and general banking concerns. He also counsels corporate clients regarding stock and asset acquisitions, contract negotiations, and general corporate matters.
Kathryn Cecil is a partner in the Finance Practice at Fried, Frank, Harris, Shriver & Jacobson LLP, resident in their London office. She joined Fried Frank in 2019 having previously worked at a large international law firm. Her practice primarily focuses on fund financing and leveraged finance.
Ms. Cecil advises private equity sponsors, investment banks, funds and public and private companies on a wide range of domestic and cross-border finance transactions across all levels of the capital structure. Her work includes structuring, negotiating, documenting and executing complex financings, both cashflow-based and asset-based facilities, with a particular focus on fund subscription facilities, NAV and hybrid facilities, and other types of investment fund leverage. Kathryn also advises on leveraged and acquisition financings, mid-market and direct lending leveraged transactions and financial and debt restructurings.
Ms. Cecil previously worked on secondment at Goldman Sachs, RBS and Société Generale.
Tina is a partner in the Cayman Islands office of Maples Group and is head of the firm’s fund finance group there. She specialises in fund finance transactions and has extensive experience in all aspects of fund finance, banking, derivatives and securitisations. She represents hedge funds, private equity funds and large bank syndicates on lending transactions, bank products, deal structures and on all types of secured transactions. Tina advises a large number of international associations and financial institutions on derivatives and issues surrounding related collateral packages in the context of insolvency in the Cayman Islands. She also has significant experience of general corporate and commercial matters and the establishment of offshore investment funds.
Tina joined Maples Group in 2005 and was elected as a partner in 2012. She previously worked for Lovells LLP where she completed a secondment to Citibank. Tina has been recommended in Legal 500 and Who’s Who Legal.
James joined Crescent in 2012 and is a member of the European direct lending investment team with a particular focus on the UK mid-market. He is responsible for the origination, structuring and execution of private debt investments across the capital structure in private equity sponsor-backed companies. In addition, he is responsible for the fund financing for the European funds. Prior to joining Crescent, he worked in the Corporate Structured Finance team at RBS.
Cassie started her career at RBS, working within the Financial Institutions relationship management team covering private equity funds and brokers. She then went on to work in the structured finance team at RBS structuring leverage and bridge facilities for these clients. Cassie has spent the last 6 years at Lloyds focussing on Financial Sponsors, structuring and executing subscription facilities and leverage facilities covering all asset classes but specialising in secondary funds and infrastructure funds, building relationships with some of the largest global players.
SMBC is a global leader in subscription-secured lending to private equity funds investing across multiple asset classes. Globally centralized in New York, SMBC has been originating subscription facilities since 1999 and has originated and arranged more than $40 billion in the last five years for funds in the US, Europe, Asia, Latin America, Japan and Australia.
SMBC has arranged credit facilities for funds investing in the following asset classes: real estate, private equity, infrastructure, energy and natural resources, middle market lending, BDCs, distressed debt, venture capital, fund-of-funds and secondaries.
SMBC is a subsidiary of Sumitomo Mitsui Financial Group, a bank holding company with more than 73,000 employees across 40 countries including 20 offices across Europe, Middle East and Africa. SMFG is one of Japan’s largest banks with $1.8 trillion in assets and SMBC has strong credit rating of A/A1 (S&P/Moody’s). We have a 400-year tradition serving successful companies.
Citi Private Bank is one of the longest-established providers of strategic advice, global access and liquidity for private equity principals and their funds. The subscription credit finance practice is a core product offering of Citi’s Private Bank. As part of Citi’s Institutional Clients Group, we use our extensive global network to provide an institutional service. Globally, Citi Private Bank has over 50 specialists focused on marketing, origination, execution, risk management and day-to-day portfolio management of the subscription credit finance business (of which more than 10 cover Europe). Since 1999 Citi Private Bank has executed over 500 transactions in over 18 countries across the globe.
As a leading global bank, Citi does business in more than 160 countries and jurisdictions, providing consumers, corporations, governments and institutions with a broad range of financial services and products. We strive to create the best outcomes for our clients and customers with financial ingenuity that leads to solutions that are simple, creative and responsible.
Our work with banks and financial institutions is central to our practice. When Stephenson Harwood was founded in 1875 one of our first clients was the Hong Kong and Shanghai Banking Corporation. This relationship still holds true today. Although our firm and finance practice has grown substantially from our beginnings our work with financial institutions remains a key focus of the firm.
We regularly advise funds, leading banks (including investment, central, development, clearing, retail, EXIM and boutique banks), asset and wealth managers, intermediaries and pensions providers advising on the full range of financial, commercial, corporate and regulatory matters.
Olivier Vermeulen is Office Chair of Paul Hastings Paris office and head of its Banking & Finance department.
Olivier Vermeulen has extensive experience in leveraged financing (senior, mezzanine, unirate/unitranche, 1st Loss/2nd Loss, 2nd lien, SSRCF, US TLB…), fund financing (Equity Bridge financing, GP financing, NAV/Hybrid financing…), structured finance (securitization), debt restructuring, and Islamic finance.
Olivier Vermeulen advises both sponsors and borrowers (private equity and infrastructure funds as well as large corporates) as well as financial institutions (senior lenders, debt funds).
Emma Russell is a partner and head of the Finance Practice Group in the London office of Haynes and Boone. Emma is an experienced loan finance lawyer with extensive knowledge in global fund finance, real estate finance transactions, and structured and specialty finance, as well as more general experience in acquisition, leverage, and general corporate finance.
Her practice focuses on the full range of fund lending products across all fund sectors, (including private equity, real estate, secondaries, infrastructure, and hedge) from capital call facilities, hybrid/NAV facilities, to general partner support, co-invest facilities and portfolio acquisition facilities and assisting funds with structuring. Emma has significant experience advising credit funds and their lenders in relation to leverage facilities to CLO’s/CDO’s and securitisation vehicles.
Emma’s experience also includes advising both lenders and funds on private equity, receivables financing, asset based lending, speciality finance, real estate fund structuring, and acting for both lenders and sponsors in relation to investment and development real estate finance and leverage restructurings.
Emma has spent significant time working in-house with various financial institutions during her career. She has gained varied experiences with both business and legal teams across all lending sectors.
Emma co-chairs the European Committee of Women in Fund Finance, a group associated with the Fund Finance Association, which is focused on recognition and promotion of women leaders within the alternative investment fund finance industry.
Sally is a Director of ING’s Investment Industry Finance Group (IIF) with teams in London, Luxembourg, New York and Singapore. IIF form part of ING’s Financial Institutions Group and their clients are listed funds managed by large institutional asset management firms, and unlisted private equity, debt, real estate and infrastructure funds managed by leading financial sponsors. IIF are responsible for the origination and execution of lending transactions across multiple jurisdictions as well as the portfolio management of existing facilities.
Sally joined ING in 2006, working in London with an assignment to New York in 2011. She has completed further education through the Open University.
Christopher Elvin joined Preqin in 2006, and is currently head of Preqin’s private equity products and responsible for Preqin’s market leading online products and solutions. Having spent many years in senior positions across the sales team, he is now in charge of defining Preqin’s strategic direction in the private equity industry, both through innovations to Preqin’s online products as well as through Preqin’s research and communications strategy in this space.
Terry Hatton is a Senior Vice President in and Manager of the Fund Finance Group for Union Bank in New York. Union Bank’s fund client base includes real estate, mezzanine, infrastructure, energy, private equity and venture capital. The bank has built an established track record, providing fund sponsors with competitive lending products, inclusive of subscription and bridge capital call facilities; senior and asset based debt financing for general industries, as well as health care, environmental, and aerospace and defense. Union Bank also provides junior capital, mezzanine debt and non-control equity through our affiliate, UnionBanCal Equities, Inc. Terry has a bachelor’s degree from University of Western Ontario.
Jeff Johnston, CFA, is the Head of Subscription Finance and is a Managing Director in the Asset-Backed Finance and Securitization group in Wells Fargo Securities. Mr. Johnston manages the Subscription Finance team which provides lending facilities to private equity style funds and is responsible for the origination, structuring and monitoring of these facilities for the institutional clients of Wells Fargo. Previously, Mr. Johnston ran the Origination group within Subscription Finance and is responsible for creating the team within ABF in 2010. Mr. Johnston was previously an Officer and portfolio manager for Structured Asset Investors, LLC and Structured Credit Partners, LLC, a wholly owned registered investment advisor of Wells Fargo when he was responsible for the portfolio and workout of legacy structured products for the bank, including cash and synthetic ABS and CRE CDO’s, total return swaps and RMBS positions.
Prior to joining Wells Fargo, Mr. Johnston worked at Bank of America for seven years largely in their Global Structured Products group working on securitizations and financings for a variety of different asset classes.
Nicola has been a Partner at Clifford Chance since 2003 specialising in fund finance work including capital call bridge, NAV and hybrid financings, acting for both financiers and borrowers. She spent four years in the firm’s Hong Kong office from 1995 to 1998. Nicola also undertakes a wide variety of UK and cross-border finance work and is the lead partner for the Loan Market Association in London drafting many of their standard form documents.
Stephen is Co-Head of Finance at Coller Capital, a leading Secondaries Private Equity firm, based in the Firm’s London office and his responsibilities include negotiating and structuring financing facilities for all active Coller funds as well as their wider treasury requirements.
Stephen is an FCA Chartered Accountant. Prior to joining Coller Capital in 2010, Stephen trained at Deloitte in London before spending 18 months with KPMG in the Cayman Islands.
Stephen holds an undergraduate degree in History and Politics from the University of Warwick.
Craig Rydqvist is Global Head of Capital Markets, maintaining relationships with lenders and providing debt advisory and execution support globally. Based in London, he joined the firm in 2014 to establish the Capital Markets function.
Prior to joining Värde, Craig ran Structured Finance Origination and Structuring for the U.K. at the Royal Bank of Scotland where he established the bank and capital markets financing for SAV Credit/NewDay, a Värde investment. Prior to RBS, Craig worked in the Emerging Markets business of Barclays Capital and he began his career training as a Chartered Accountant in the Financial Sector practice at KPMG in London.
Stuart joined CBA in 2012 and manages CBA’s European Funds business. His primary focus is origination and execution of fund finance transactions, hedging solutions and co-ordination of the Bank’s broader relationships with Financial Sponsor clients across the spectrum of alternative asset classes. Stuart joined CBA from HSBC where he spent 10yrs in a number of client coverage, credit risk and client service roles. Stuart holds a BSc in Business & Sports Science from Brunel University along with the IMC certificate.
Ivo Keltner is an Associate General Counsel and Head of Transaction Legal at BlueBay Asset Management LLP where he is responsible for all legal, transactional and regulatory aspects of BlueBay portfolio investments across all strategies globally (including Private Debt, Distressed Debt/Special Situations, High Yield/Leverage Finance, Emerging Markets, CLOs, etc.). Ivo is also actively involved in fund structuring, financing (including subscription facilities, NAV facilities, margin loans, FX contingent loans) and hedging.
Prior to joining BlueBay Asset Management LLP in 2015, Ivo worked for over ten years in London, Frankfurt and Munich offices of two pre-eminent international law firms where he advised leading financial institutions, private equity houses and corporates on debt and equity financings and restructuring transactions.
Ivo holds a law degree from Harvard Law School and is qualified as a solicitor in England and Wales and in the Republic of Ireland.
Alice Hillson is Senior Legal Counsel at BlueBay Asset Management LLP in the Transaction Legal team. Alice covers strategies including Convertible Bonds, High Yield/Leverage Finance, Private Debt, Special Situations and Structured Finance investments and products. Alice works primarily with the Private Debt team on cross border leverage finance deals, refinancings, restructurings and fund financings.
Prior to joining BlueBay Asset Management in in May 2017, Alice trained, qualified and worked for over three years for Clifford Chance in both their London and Amsterdam offices and worked for three years in the London offices of Weil, Gotshal & Manges (including a secondment to the Goldman Sachs Merchant Banking team), where she advised on leverage, corporate and asset backed financings, restructurings, refinancings and other large multi-jurisdictional transactions.
Alice holds a Law (LLB (Hons)) degree from the University of Leeds and is a qualified Solicitor in England and Wales.
Russell is Head of the Client Coverage team responsible for National Australia Bank’s financial institution clients in Europe. His role includes structuring and delivering liquidity and risk management solutions for private capital sponsors across all asset classes including subscription finance, asset- backed and hybrid facilities. Russell has over 12 years of experience across all aspects of the fund financing spectrum, including the structuring and implementation of complex bilateral and syndicated debt facilities, capital markets solutions, structured deposits, derivative sales and portfolio risk management solutions. Prior to joining National Australia Bank in 2010 he spent 10 years at Lloyds Bank covering Financial Institution clients including financial sponsors in both the private equity and real estate sectors. His earlier career was focused on project finance across infrastructure and mining projects. Russell holds a Master of Science degree from the University of Leicester and a Batchelor of Science degree from the University of Southampton.
Kate advises on a broad range of finance transactions and has significant fund finance experience acting for both borrowers and lenders.
In addition to her fund finance practice, Kate has over 20 years’ experience specialising in complex acquisition finance transactions including advising on the Jersey elements of private placements and high yield bond issuances. Kate also advises on financial restructurings.
Kate joined Carey Olsen in 2013. She previously worked in London, initially with a magic circle firm and then with a top tier US firm.
Partner with Australia’s No.1 Relationship Bank.
At Westpac Institutional Bank, we pride ourselves on the strength and longevity of our relationships. In fact, Westpac believe the strength of our relationships is a key driver in enabling our customers to achieve long term success and growth. Our dedicated team has deep experience in supporting those alternative asset managers who are active in our core Australasian markets across a range of asset classes. Contact: firstname.lastname@example.org
Lloyds Bank is a leading finance provider across the Financial Sponsors market with a long term track record of supporting clients through the economic cycle. We offer expertise in debt & capital markets, foreign exchange & treasury risk management and innovative liability & transactional banking solutions.
Our highly experienced teams, based in both London and New York, have extensive insights into the funding requirements of our clients across private market asset classes, whether at the fund level or with the companies, projects and assets that they manage.
Lending is subject to status.
Lloyds Bank plc Registered Office: 25 Gresham Street, London EC2V 7HN. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under Registration Number 119278.
Mary Touchstone is a Partner and Head of the Fund Finance Practice at Simpson Thacher & Bartlett LLP. Mary has helped to establish Simpson Thacher as a global leader in the representation of financial sponsors in fund financings. She is widely acknowledged as a leading lawyer in the subscription credit facility market and represents many of the world’s preeminent sponsors of private equity, real estate, energy, infrastructure, debt and other investment funds on the largest and most complex fund facilities.
Mary and her team regularly work on a wide variety of fund level financings, including secured and unsecured subscription (or capital call) facilities, with borrowing capacity for the fund as well as its parallel funds, alternative investment vehicles and portfolio companies.
Mary serves as Vice Chairman, and member of the Board, of the Fund Finance Association and as a member of the Board of Women in Fund Finance.
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Nick is a partner in the Banking & Finance department at Ashurst with over 15 years of experience in both London and Hong Kong. Nick specialises in fund finance transactions, acting for both banks and sponsors on a wide range of different products including subscription/capital call facilities, hybrid facilities, single investor facilities and net asset value facilities for a variety of fund types, including private equity funds, infrastructure funds, real estate funds and credit funds.
Nick regularly advises some of the most experienced participants in the market as well as new entrants. His recent experience includes advising international lenders on some of the largest fund financing transactions in the European market as well as advising emerging markets based lenders on bespoke single investor financings.
Nick is noted as a Recognised Practitioner for Chambers & Partners and a Recommended Practitioner by Legal 500.
Paul Tannenbaum is a partner in the Banking & Finance practice of the London office. He has extensive experience acting for banks, financial institutions, real estate funds, private equity funds, debt funds and infrastructure funds on fund financing transactions. Paul’s fund finance experience includes a wide range of transactions including traditional subscription lines, hybrid and NAV facilities, GP and manager support facilities, loans to separate accounts and fund of fund financings. Paul’s practice also includes acquisition and leveraged finance.
Philippe Max is a finance partner in Dentons Paris office. He works on domestic and international banking and finance transactions. He is specialised in structured finance, cross border finance and acquisition finance with a strong focus on fund financing facilities (acting for both borrowers and lenders). He is also a lecturer (chargé d’enseignement) at University Paris XII in banking and finance law.
James Fox is a partner within the Corporate department in Jersey. He has 20 years’ experience of corporate legal work in Jersey and the UK. James has wide ranging expertise in fund formation and in fund finance acting for both borrowers and lenders. His fund finance practice has covered capital call/equity bridge facilities as well as asset backed and leveraged finance facilities. He has also advised venture debt funds in both their formation and ongoing lending work. He has an extensive knowledge of the legal and regulatory regime in Jersey. He takes a commercial approach to delivering legal advice and solving legal issues for clients. James has contributed to a number of publications. He also regularly speaks at conferences and seminars as well as providing tailored training to clients.
Richard is a partner in the finance team at Macfarlanes and advises financial institutions and corporates on a range of financing matters. He has a particular focus on fund finance, specialty finance and structured finance.
Richard has extensive fund finance experience across multiple fund strategies (such as private equity, real estate and credit funds) and advises on leverage and NAV facilities, investor call bridge facilities, equity bridge facilities and hybrid facilities.
Jeremy Cross is a vastly experienced funds finance lawyer and has been active in the U.K. funds finance market (acting for both lenders and funds) for over 14 years.
During that time he has worked with most of the major lenders in the market, including Royal Bank of Scotland, Lloyds Banking Group, Barclays Bank, Wells Fargo, Bank of America, National Australia Bank, CACEIS and CBA along with a number of other banks, non-bank financial institutions and funds. In addition to his “UK” experience Jeremy has also worked frequently on “US” funds financing structures and documentation.
Chambers UK lists Jeremy as a leader in the field of Banking & Finance, described as “a highly intelligent and commercial figure.” Legal 500 has recommended the “very commercial [Jeremy Cross].” He is also recommended in Bank Lending, noted as “very commercial and has the ability to explain in simple language often difficult concepts.” Jeremy was included among the “Hot 100”’ Lawyers by The Lawyer in 2013.
Ahlem has been with Credit Agricole for more than 14 years and has been with the London based International Trade and Transactional Banking team since 2006.
Since July 2016, she is the Senior Originator in charge of the Fund Finance business in the UK. Prior to this, she has played a major role in ensuring that the London team maintain their position as one of the leading banks involved in Export Finance (UKEF supported credits) and Trade finance with her involvement in both originating and structuring the same.
In addition to this Ahlem is an active board member of the Women in Fund Finance.
Ahlem holds a Masters in International Trade from the University of Paris 1, Pantheon-Sorbonne.
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. With 21locations on three continents, our team works seamlessly across practices, industries and geographies to deliver highly effective–and often unexpected–solutions that propel success. More than 1,100 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
Sumitomo Mitsui Banking Corporation (SMBC) is a core member of Sumitomo Mitsui Financial Group (SMFG), a Tokyo-based bank holding company that is ranked among the largest 25 banks globally by assets under management.
SMBC Americas Division, with more than 2,500 employees, oversees operations in the US, Canada, Mexico, and South America. We work across SMFG to offer corporate and institutional clients sophisticated and comprehensive financial services around the globe.
Simpson Thacher & Bartlett LLP (www.simpsonthacher.com) is one of the world’s leading international law firms. The Firm was established in 1884 and today has more than 900 lawyers. Building on over 130 years of experience, the Firm has played a substantial role in many of the most complex and noteworthy transactions and matters of the last decades. Headquartered in New York with offices in Beijing, Hong Kong, Houston, London, Los Angeles, Palo Alto, São Paulo, Tokyo and Washington, D.C., the Firm provides coordinated legal advice and transactional capability to clients around the globe.
The Firm offers a market-leading fund finance practice with deep experience providing fund- and asset-level leverage solutions for private equity, real estate, investment, special situations and infrastructure funds. Complementing the Firm’s preeminent private funds practice, our fund finance team represents clients across a broad spectrum of transactions encompassing all aspects of the investment management business.
CACEIS is the asset servicing banking group of Crédit Agricole dedicated to institutional and corporate clients. Through offices across Europe, North America and Asia, CACEIS offers a broad range of services covering execution, clearing, depositary and custody, fund administration, middle office outsourcing, forex, securities lending, fund distribution support and issuer services. With assets under custody of €2.6 trillion and assets under administration of €1.7 trillion, CACEIS is a European leader in asset servicing and one of the major players worldwide.
National Australia Bank (NAB) is one of Australia’s largest banks and manages relationships with retail, corporate and financial institutions globally, with on-the-ground presence in Australia, New Zealand, Asia, the UK and the US.
credit ratings and our global operations serve over 12 million banking and wealth management clients, providing access to international financial markets and an extensive range of specialised funding, liquidity, investment, asset services and risk management capabilities.
NAB has been operational in the UK for over 150 years. Our European operations are primarily focused on supporting global institutions with business, trade and investment activity linked to Australia and New Zealand.
Our London based teams provide full relationship services, originating and executing complex product solutions with specific sector emphasis on infrastructure and utilities, natural resources and financial institutions. NAB is an active agent for subscription financing and credit facilities for private and publicly listed funds. NAB is also a worldwide leader in AUD and NZD rates and FX solutions and a leading global bank in cross border US Private Placement solutions.
BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 72 countries, with more than 202,000 employees, of which more than 154,000 are in Europe.
The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors.
BNP Paribas provides a wide range of fund level financing solutions (subscription lines and bespoke financing products including asset-backed facilities) to financial sponsors and multi-asset class managers. The bank ranks amongst the top players in EMEA.
ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. The purpose of ING Bank is empowering people to stay a step ahead in life and in business. ING Bank’s 53,000 employees offer retail and wholesale banking services to customers in over 40 countries.
Sustainability forms an integral part of ING’s strategy, evidenced by ING’s ranking as a leader in the banks industry group by Sustainalytics. ING Group shares are included in the FTSE4Good Index and in the Dow Jones Sustainability Index (Europe and World), where ING is also among the leaders in the banks industry group.
From our base in London, Macfarlanes advises many of the world’s leading businesses and business leaders, from multinational companies to high-net-worth individuals. We are recognised for the quality of our work, dealing with the full range of corporate and commercial matters.
Our highly-rated fund finance practice has extensive experience in advising banks, alternative lenders and investment fund managers across a wide range of mainstream and alternative asset classes, including private equity, credit, hedge funds and real estate.
Given the international nature of many fund structures, fund finance transactions are typically multi-jurisdictional, and we have close links with leading fund lawyers in Europe, Asia, the US and all other jurisdictions commonly involved in fund structuring. By working closely with other leading independent law firms and lawyers, carefully selected in relevant jurisdictions, we provide a seamless, top-class service, wherever and whenever our clients need it.
Barclays’ dedicated Corporate Banking Funds Team operates globally and provides an extensive range of fund banking solutions, including subscription line and hybrid debt facilities, cash management, trade finance and foreign exchange.
Relationship Directors based in the UK, US and Asia provide creative solutions and excellent service to our Fund clients and work closely with our Investment Banking, Markets, Offshore Banking and Wealth teams to ensure a comprehensive offering. With access to dedicated specialists, focused on the Funds market, we can deliver the expertise you need.
To find out more about how we can support your business, visit barclays.com/corporatebanking
Headquartered in Melbourne and with a long-term AA- credit rating, Australia and New Zealand Banking Group Limited (ANZ) has a banking heritage spanning more than 180 years in Australia and New Zealand and an established on the ground presence in 15 Asian markets.
As clients look to capitalise on the movement of money and goods across Asia Pacific, they find in us a strong banking partner who can help them manoeuvre the rapidly changing business and regulatory landscape, while effectively managing liquidity, risk and investments.
We connect clients to opportunities centred around trade and capital flows into and within Asia Pacific.
Dentons is the world’s largest law firm, delivering quality and value to clients around the globe. Dentons is a leader on the Acritas Global Elite Brand Index, a BTI Client Service 30 Award winner and recognized by prominent business and legal publications for its innovations in client service, including founding Nextlaw Labs and the Nextlaw Global Referral Network. Dentons’ polycentric approach and world-class talent challenge the status quo to advance client interests in the communities in which we live and work.
Intertrust is a global leader in providing expert administrative services to clients operating and investing in the international business environment with more than 2,500 employees across 41 offices and 29 jurisdictions in Europe, the Americas, Asia Pacific and the Middle East. We have leading market positions in selected key financial markets, including the United Kingdom, Netherlands, Luxembourg and the Americas. We deliver high quality, tailored corporate, fund, capital market and private wealth services to our clients, with a view of building long-term relationships. We work with global law firms and accountancy firms, multinational corporations, financial institutions, fund managers, high net worth individuals and family offices.
Burness Paull is a premier commercial law firm advising clients doing business in Scotland, the UK and internationally.
Our market-leading funds practice has over 20 funds experts specialising in fund formation, fund investments and fund finance. We are the go-to firm for all leading City funds practices, and premier teams in the US & Europe for advice on Scottish limited partnerships in private funds.
Our successful fund finance practice is led by Andrew Christie who is recognised in the City and international fund finance markets as an expert, regularly advising on debt and security structures, often in the context of complex cross-border transactions.
Adam Summers is a partner in the Corporate Department and the Finance Practice, resident in Fried Frank’s New York office.
Adam represents top tier sponsors of private equity, debt, infrastructure, energy and other investment funds, on a wide variety of fund level financings, including subscription facilities, NAV-based facilities and “hybrid” facilities; fund guarantees and other credit support of portfolio level financings; and financings for public and private BDC’s. Adam also advises on complex transactions to finance the purchase of private equity interests in the secondaries market. Prior to joining Fried Frank, Adam also advised major investment banks as arrangers and lenders in the same broad range of fund financing transactions described above.
In addition, Adam frequently works on credit and capital markets transactions with experience advising investment banking clients, debt funds and other lenders in both syndicated credit facilities and high-yield bond financings related to leveraged buyouts and other acquisitions, and provides ongoing counsel to agents and arrangers under those facilities.
Adam is recognized by Legal 500 in Finance: Commercial Lending.
Brian Schmidt is a Partner and Head of Mortgages and North America Real Estate. He is a member of the firm’s Investment Committee. Based in Minneapolis, he joined the firm in 2005.
Brian oversees Värde’s mortgage investments in the commercial and residential sectors as well as the firm’s real estate related investments in North America. Brian has held a number of leadership roles at the firm, including in structured products, and has served on boards of portfolio companies owned by the Värde funds.
Prior to joining Värde, Brian was an Associate in investment banking at Piper Jaffray, focusing on merger and acquisition advisory.
Brian received a B.S. in Finance from the University of Minnesota’s Carlson School of Management and an M.S. from The London School of Economics and Political Science.
Keenan McBride is a Vice President in Fixed Income Secured Lending at Morgan Stanley. Mr. McBride currently covers the origination, structuring, and arrangement of subscription secured credit facilities for private equity funds globally. Over the past seven-plus years, Mr. McBride has been directly involved in the arrangement of subscription facilities in excess of $15B. His clients include top tier alternative asset managers headquartered in North America, Europe, and Asia. Prior to joining Morgan Stanley, Mr. McBride worked in the subscription finance group at Sumitomo Mitsui Banking Corporation and on the leveraged finance syndications team at RBC Capital Markets. Mr. McBride graduated from Boston College.
Howard joined Kelso in 1997. He spent the preceding eight years as Chief Financial Officer and a Principal at Butler Capital Corporation, an investment firm specializing in leveraged buyouts. He spent the previous nine years in various financial management positions at Deloitte & Touche, Colgate-Palmolive and Riverbank America.
Howard earned an M.B.A. from St. John’s University in 1979, where he graduated beta gamma sigma, and received a B.A. in Political Science from Queens College in 1976. He was a Certified Public Accountant and is a member of the American Institute of Certified Public Accountants and the New York State Society of Certified Public Accountants. He was a founding board member of the New York Chapter of the Private Equity CFO Association and is a former member of The George Washington University School of Business Board of Advisors.
Mark Levitt joined Global Infrastructure Partners in 2009 and is its Chief Operating Officer. Founded in 2006 as a joint venture with Credit Suisse and General Electric, Global Infrastructure Partners (GIP) is a leading global, independent infrastructure investor which combines its specialist industry experience and industrial best practice operational management to achieve superior risk-adjusted returns. Since joining GIP, Mr. Levitt has played an important role in building and developing GIP’s investment team. He has also lead GIP’s support functions, as GIP has grown from one fund with $5.6 billion of AUM into a multi-fund platform with over $50 billion of AUM.
Prior to joining GIP, Mr. Levitt spent 14 years at Credit Suisse, where he most recently served as a Managing Director and the Chief Operating Officer of the Global Investment Banking Division. Prior to joining Credit Suisse, he worked in the Fixed Income, Equity Derivatives and Emerging Markets businesses of Credit Suisse, Donaldson, Lufkin & Jenrette, Morgan Stanley and Bankers Trust. He started his career at Ernst and Young.
Mr. Levitt holds an M.B.A from Columbia University and a B.B.A. in Accounting and Finance from Emory University, is married with three wonderful children, and resides in Roslyn, N.Y.
Jonathon leads Macquarie Infrastructure and Real Assets North American Finance team. In this role he oversees all aspects of accounting, financial reporting and operations, treasury management and fund level credit across all of MIRA’s Funds. In addition, Jonathon is actively involved in the portfolio company acquisition and divestiture process, overseeing the financial diligence, accounting treatment and financial reporting requirements. Jonathon also works closely with the portfolio company CFO’s on various transactional and ongoing portfolio management issues.
Jonathon joined MIRA in 2006 based in Sydney where he focused on Macquarie Communications Infrastructure Group, an ASX listed Infrastructure Fund before relocating to New York with Macquarie in 2010, later rejoining MIRA in 2011 in the private funds finance team focusing on the Macquarie Infrastructure Partners funds.
Jonathon received his Chartered Accountant designation in Australia and holds a Bachelor of Accounting from the University of Technology Sydney.
Matt Klein is a Managing Director and leads Hudson Advisors’ Global Markets Advisory business. Matt has over 17 years of experience providing market risk management and derivative advisory services to financial sponsor, corporate and commercial real estate clients and has overseen the execution of over $1.1 trillion of FX, interest rate and commodity derivative transactions over that time. Hudson’s Global Markets Group (“HGMG”) suite of services includes market risk management advisory, trade execution, derivative valuation & reporting, hedge accounting, regulatory compliance and derivative documentation negotiation. HGMG has extensive experience in developing and/or implementing 1) long dated unmargined fund-level FX hedging programs, 2) interest rate, FX and commodity hedging strategies within operating companies and SPVs and 3) sign-to-close deal contingent hedging. Matt graduated from the University of Texas at Austin in 2001 with a BBA degree in Finance. Matt is a CFA®charterholder.
Tim Gallaher is Managing Director and Treasurer of Värde. Based in Minneapolis, he joined the firm in 2010. Prior to joining Värde, Tim was Treasurer and Director of Investor Relations for Imation Corp. Prior to that, Tim was Treasurer and Vice President of Investor Relations for MoneyGram International. He has over 20 years of experience in the financial services industry.
Tim holds a B.A. in Accounting from the University of St. Thomas and an MBA from the University of Minnesota. He is a CPA (inactive)
Steve is currently a Vice President in the Consumer and Investment Management Division at Goldman Sachs. He joined GSAM in June of 2016 to launch, develop and oversee GSAM’s Fund Finance platform. His responsibilities include the origination, structuring, and execution of all financing arrangements across the division. This includes capital call facilities, warehouse lines, NAV facilities and certain securitization transactions. Steve is also responsible for the management of GSAM’s lending relationships. In addition, Steve has oversight of business terms across the division’s trading agreements.
Prior to joining GSAM, Steve held various roles at a leading multi-strategy hedge fund, most recently as the Global Head of Treasury Operations. He began his career at Lehman Brothers in 2006.