2025 Joint New York Conference

Speakers

• SEAN P. GRIFFIN, Chief Executive Officer and Executive Director, LSTA, Inc.
• EMMA NORMAN, Chief of Staff, Loan Market Association (LMA)

Our Senior Economist will focus on the domestic economy and President Trump’s economic policies, including the impact of the President’s tariffs on the domestic economy. How will the tariffs impact American businesses? How will the trade war play out and impact Americans? Will we be pushed into a recession? This and so much more will be covered.

Speaker

• MICHAEL S. HANSON, Executive Director and Senior Economist, JPMorgan Chase Bank NA

An overview of the key trends and deal terms of the BSL markets in the US and Europe over the past 12 – 18 months, with crystal ball predictions for the next 12.

Moderator

• ILONA POTIHA, Partner, A&O Shearman

Speakers

• FILIPPO CROSARA, Partner, A&O Shearman
• AARON FERNER, Partner, Davis Polk - London
• SANDERS WITKOW, Partner, Davis Polk & Wardwell LLP

A look at the latest trends in Liability Management Transactions (LMTs) and what we are likely to see in the second half of 2025, including a look at emerging lender protection strategies through credit agreement protections and coop agreements.

Moderator

• AMELIA SLOCOMBE, Managing Director, Head of Legal, LMA

Speakers

• FILIPPO CROSARA, Partner, A&O Shearman
• LEWIS GRIMM, Partner, Jones Day
• JESSICA REISS, Head of US Leveraged Loan Research, Covenant Review

Geopolitical strategist, David Chmiel, will deliver the conference’s keynote address. He will examine the results of last year’s elections around the globe and how those voted into office are implementing their policies and how they are impacting the markets, including the US corporate loan markets. He will analyze the Trump tariffs and how they are affecting the US economy – from Main Street to Wall Street. Finally, he will share his views on the Ukraine war and whether Presidents Trump, Zelenskyy and Putin can successfully negotiate an end to the Ukraine war.

Speaker

• DAVID CHMIEL, Managing Director, Global Torchlight

How have the policy and economic uncertainties that emerged in the first quarter of 2025 impacted the outlook for CLOs? What opportunities and challenges do they pose for managers? This session will examine these questions and more as panelists discuss trends in CLOs developing in response to a dynamic macro and regulatory environment, an evolving investor base and structural innovations.

Moderator

• ANDREW BERLIN, Vice President, Director of Policy Research, LSTA, Inc.

Speakers

• IAN GILBERTSON, Managing Director, Co-Head of US CLOs, Invesco
• SUJAAN JOSHI, Managing Director, CLO Syndicate, Bank of America Securities
• NICOLE SKALLA, Partner, Paul Hastings

The global private corporate credit market is booming – that is certain. But what is its true size? Estimates differ on the current size of global private corporate credit, but the past performance and continued growth trajectory is certain – as is increased scrutiny by the regulators both in the US and Europe. This session will focus on key headwinds and tailwinds for this important segment of corporate lending.

Moderator

• TESS VIRMANI, Deputy General Counsel, EVP – Head of Policy, LSTA, Inc.

Speakers

• SABRINA RUSNAK CARLSON, General Counsel, First Eagle Alternative Credit
• MATTHEW SCHERNECKE, Partner, Hogan Lovells US LLP
• PATRICK WALLING, Partner, The Private Credit Group, Proskauer Rose LLP