Thursday 26th October, 2023 | Convene Bishopsgate, London

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• Be a closed and invite-only gathering, this means no media and a curated audience of genuine peers
• Bring together senior staff - from across C-suite roles - to discuss shared experiences, problems and solutions
• Focus on current private credit trends, emerging themes and likely innovations and disruptors in the next five years

Private Equity Wire's & Hedgeweek's event will:

The Private Credit European Leadership Summit is a one-day retreat focusing on emerging opportunities and best practice for private credit managers.

As assets in private credit strategies edged past $2trn last year and the space continues to innovate via more diverse strategies and structures, this Chatham House gathering – designed for operations, finance, legal, product and back-office leaders across the spectrum of credit firms – will offer actionable solutions to this innovative sector’s current problems and potential.

All Hedgeweek / Private Equity Wire Summits operate under Chatham House Rule. This means that attendees are free to use the information received, but neither the identity nor the affiliation of the speaker(s), nor that of any other participant, may be revealed. Recording of the panels and roundtables is strictly prohibited.

PUT YOUR BRAND IN FRONT OF 100+ MANAGERS

AGENDA

ARRIVAL AND REGISTRATION

WELCOME ADDRESS

• How do risk-return ratios on private credit compare to other investment strategies in the current climate?
• How does direct lending compare to stressed/distressed, special situations and mezzanine opportunities in a recession?
• What are the most pressing systemic risks to be addressed by private credit managers?
• Is the private credit market growing more crowded and competitive? How does this vary from one region to another?
• What do economic forecasts say about conditions in the next 12 months?

Setting the scene: Tracking private credit’s ebbs and flows in a trying economy

PANEL 1

Speakers:

• Rafael Torres, Co-Head Pan European Private Debt, Muzinich & Co (moderator)
• Madalena Godinho, Principal, Blackstone
  
• Paolo Morrone, Head of UK Direct Lending, Tikehau Capital
• Mark Wilton, Managing Director, Barings

Is private credit moving away from high-risk and towards investment-grade portfolio targets? Will credit returns ever equal/surpass those on equity investments?

Stepping up

FIRESIDE CHAT

Speakers:

• Mohsin Abdul Qadir, Head of Finance Private Assets & FISV at Fidelity International
• Daniel Bird, Founder, Thornwood Capital

• Can private credit offerings be commoditised for simplicity, or does that nullify competitiveness?
• Do expanding portfolios bring with them a lack of visibility and monitoring, and higher default risks?
• What role can advanced tech such as automation, AI and analytics play in portfolio management and monitoring?
• Is outsourcing fund management activities an increasingly attractive option for private credit managers?

Special ops: Tweaks and pivots that can make expanding portfolios more manageable

PANEL 2

Speakers:

• Peter Coates, Head of Investments, Kimura Capital (moderator)
• Gilad G. Amir, Digital Operating Partner, Pollen Capital
  
• Florian Bankeman, Fund Manager, Triodos Investment Management
• Konstantin Karchinov, Head of Credit, Veld Capital

NETWORKING BREAK

Coffee break and a chance to meet our experts

• What strategies are currently appealing to investors?
• What key messages are engaging and resonating with investors at present?
• What knowledge and expertise – both in-house and external – is key to success?
• How can firms price attractively and competitively?
• What are the barriers to entry for new managers in the credit space?

ROUNDTABLE ROUND 1

Roundtable A: Recipe for success: Creating a compelling and competitive private credit proposition.

Roundtables take place as repeated parallel sessions. Delegates rotate through topics for focused discussion in small groups

Speakers:

• James Duffield, Group Head of Business Development, Aztec Group
• Munawer Shafi, Head of Private Debt and Structured Finance, Aviva Investors

Roundtable B: Optimising for more

• What are some of the strategies to hedge against default risk as recessionary pressures on portfolio companies grow?
• How can more efficient fund management give GPs a competitive edge?
• What tech and systems are GPs using to build efficiencies?
• What are the outsourcing opportunities available to help GPs manage bigger portfolios?

Speakers:

• Matthias Dux, Managing Partner and Co-Founder, Avellinia Capital
• Rodrigo Lopez, CEO, American Capital Financial Group

Roundtable C: Lending legalese

• How can GPs manage exposure to systemic risks and shock events such as the banking crisis?
• Is covenant-lite the future of private credit or the past?
• Is higher-risk lending growing in appeal among investors?
• Are regulatory shifts towards a more complex or a simpler lending landscape? How are managers adapting?
• Are there opportunity hotspots where regulations are relaxing to give way to more private credit?

Speakers:

• Barbara Ellero, Partner – Head of Private Debt, Anthilia Capital Partners sgr
• Alberto Pierotti, Managing Director, Alantra Private Debt

ROUNDTABLE ROUND 2

Roundtables take place as repeated parallel sessions. Delegates rotate through topics for focused discussion in small groups

Roundtable C: Lending legalese

Roundtable B: Optimising for more

Roundtable A: Recipe for success: Creating a compelling and competitive private credit proposition

• James Duffield, Group Head of Business Development, Aztec Group
• Munawer Shafi, Head of Private Debt and Structured Finance, Aviva Investors

• Matthias Dux, Managing Partner and Co-Founder, Avellinia Capital
• Rodrigo Lopez, CEO, American Capital Financial Group

• Barbara Ellero, Partner – Head of Private Debt, Anthilia Capital Partners sgr
• Alberto Pierotti, Managing Director, Alantra Private Debt

NETWORKING LUNCH

• Are covenant compromises proliferating as performance pressure intensifies?
• Does the lack of data on private credit portfolios pose systemic and potentially contagious risks?
• What are firms doing to hedge against both default and systemic risks?
• Are there tools available to monitor rapidly expanding credit portfolios?
• What regulatory checks currently exist on private credit?
• Are these expected to expand?

Building buffers: A look at risk and compliance for a booming asset class

PANEL 3

Speakers:

• Charles Mingay, Consultant, Briggs Capital Formation (moderator)
• Feni Ajumogobia, Legal Counsel, BlackRock
• Salima Fajal, Legal & Compliance Specialist, Independent
• Michael Sonenshine, CEO, Symfoniegroup

ROUNDTABLE ROUND 3

Roundtables take place as repeated parallel sessions. Delegates rotate through topics for focused discussion in small groups

Roundtable B: Optimising for more

Roundtable A: Recipe for success: Creating a compelling and competitive private credit proposition

Roundtable C: Lending legalese

• James Duffield, Group Head of Business Development, Aztec Group
• Howard Sharp, Chairman and Co-Head of Private Credit, Alcentra

• Rodrigo Lopez, CEO, American Capital Financial Group

• Michael Sonenshine, CEO, Symfoniegroup
• Tony Chang, COO and General Counsel, SeaTown Holdings International

NETWORKING BREAK

• Is private credit growing in appeal among investors relative to other asset classes?
• Are returns expectations intensifying among LPs?
• What are the lending strategies gaining the most attention among LPs? Are there variations by investor type?
• Can evergreen capital structures facilitate more flexibility and liquidity for investors? Does this hold increasing relevance for institutional players?

Building appeal: Meeting allocators’ demands for liquidity and flexibility

PANEL 4

Speakers:

• Brian Digney, Research and Content Director, Standards Board for Alternative Investments (moderator)
• Felix Förster, Investment Director, Bright Capital
• Patrizia Lando, Head of Capital Markets, Fasanara Capital
• Harriet Steel, Partner, Pemberton Asset Management

Amongst wine tasting, we discuss The Data Journey in Private Markets

Wine Tasting hosted by Arcesium

• Patrick Spicer, VP, Private Markets Solutions Architect, Forward Deployment, Europe, Arcesium
• Aftab Bose, Senior Research Analyst, Private Equity Wire

NETWORKING

Drinks reception and Hedgeweek & Private Equity Wire European Credit Awards

EVENT CLOSES

Feni Ajumogobia

Legal Counsel at BlackRock

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Gilad G. Amir

Florian Bankeman

Digital Operating Partner at Pollen Capital

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Fund Manager at Triodos Investment Management

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Daniel Bird

CIO at Thornwood Hill

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Tony Chang

Peter Coates

COO and General Counsel at SeaTown Holdings International

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Head of Investments at Kimura Capital

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Brian Digney

Research and Content DirectorStandards Board for Alternative Investments

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James Duffield

Matthias Dux

Group Head of Business Development at Aztec Group

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Managing Partner and Co-Founder at Avellinia Capital

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Barbara Ellero

Partner – Head of Private Debt at Anthilia Capital Partners sgr

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Salima Fajal

Felix Förster

Legal & Compliance Specialist at Independent

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Investment Director at Bright Capital

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Madalena Godinho

Principal at Blackstone

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Patrizia Lando

Head of Capital Markets at Fasanara Capital

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Head of Credit at Veld Capital

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Konstantin Karchinov

Rodrigo Lopez

CEO at American Capital Financial Group

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Charles Mingay

Consultant at Briggs Capital Formation

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Paolo Morrone

Head of UK Direct Lending at Tikehau Capital

Read more

Mohsin Abdul Qadir

Munawer Shafi

Head of Finance Private Assets & FISV at Fidelity International

Read more

Head of Private Debt and Structured Finance at Aviva Investors

Read more

Alberto Pierotti

Managing Director at Alantra Private Debt

Read more

Howard Sharp

Chairman and Co-Head of Private Credit at Alcentra

Read more

Michael Sonenshine

Patrick Spicer

CEO at Symfoniegroup

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VP, Private Markets Solutions Architect, Forward Deployment, Europe at Arcesium

Read more

Harriet Steel

Partner at Pemberton Asset Management

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Mark Wilton

Rafael Torres

Managing Director at Barings

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Co-Head Pan European Private Debt at Muzinich & Co

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MANAGERS

100+

EXPERT SPEAKERS

30+

SERVICE PROVIDERS

20

Convene - London

Address: 22 Bishopsgate // City of London, London

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Venue Requirements

Dress Code

Electronic Devices

Please note attendees are asked to dress in business casual.

We kindly ask attendees to please keep electronic devices on silent during panels and roundtables.

REGISTRATION IS NOW CLOSED