Five things you need to know about next month’s Private Credit Connect: London
)
It’s now less than a month until the inaugural Private Credit Connect: London event hosted by Invisso in partnership with ELFA & Ares on 26 March.
The event looks set to connect 500+ private credit dealmakers in one busy day.
So here’s our take on the five most interesting elements of this new event and why we think it’s creating such interest in the private credit community
- Top credit fund PM’s actually allocating capital are taking to the stage to share the nuances of their unique strategies: This is extremely valuable. Key funds are on board include Ares, KKR, Pemberton, Blackstone, Waterfall Asset Management, CVC, PIMCO, AB CarVal, Barings, Tikehau, Hayfin, Viola Credit, TresMares, Goldentree Asset Management, Eurazeo, and Bain Capital.
- Investors are digging into the relative merits of each private credit strategy and sharing what makes them pick one fund over another: Mercer, Legal & General, Generali Asset Management, Cambridge Associates, Neuberger Berman, Magnetar Capital, Partners Group and LGT Capital Partners will examine ABF vs DL, liquidity expectations, product and vintage considerations as well as the opportunity for private wealth to access private credit at a scale larger than ever before.
- Issuers weigh in on what makes one credit fund a more attractive partner than the rest: A dynamic panel comprising Prodigy Finance, Onate, Juice Ventures, 4Syte & Levenue get to the bones of why some credit funds are the first they call and why others simply are not- fascinating and, at times, uncomfortable insights will surface.
- The range covered in the direct lending stream: the industry covers the growing competitive dynamics of the market, evolving LP/GP dialogues, democratisation of private credit, the potential for European MM CLOs, the nuances of sponsor-led vs sponsorless deals and the value good funds bring to the lower-middle market.
- The scale of the dedicated ABF stream designed by the expert team behind Global ABS & ABS East: One stream, one day and it covers secured vs unsecured assets, new frontiers in specialty finance, the rise of NAV and Fund Finance, the SRT market and the impact of bank disintermediation in the real assets space.
One final tip for those interested in MM CLOs coming to Europe… Oliver Harker-Smith from Barings will be discussing the execution of the first ever European MM CLO alongside his counterparts on the transaction; Paddy Rath from Walkers Global, Aleem Akhtar from BNP Paribas and Matthias Neugebauer from Fitch Ratings; with Ben Love from Churchill Asset Management weighing in to give his perspective on the more mature US market. This is an industry first.
You can view the full agenda and 65-strong speaker roster (which includes Alternative Credit Investor‘s editor-in-chief Suzie Neuwirth chairing the lower middle market panel) at bit.ly/PCCACI.
We hope to see you on 26 March.