Middle Market CLO Conference Notes 2022

IF 0.4 Q4 BUSINESS, FINANCE

Journal of Structured Finance Pub Date : 2022-08-30 DOI:10.3905/jsf.2022.1.142

Mark H. Adelson

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引用次数: 0

Abstract

The 1st Annual Middle Market CLOs and Direct Lending Conference attracted more than 700 registrants and was held on June 15, 2022, at Chelsea Piers in New York. Panelists generally expressed cautiously optimistic views for the sector. Key themes at the conference included uncertainty about inflation, the potential for a recession, the rapid growth in middle market (MM) lending, the increasing size of loans originated through private-credit/direct-lending channels, and the strong performance of MM collateralized loan obligations (CLOs) (and their underlying loans) during the COVID-19 pandemic. In addition, several sessions discussed new regulatory initiatives and the growing importance of environmental, social, and governance (ESG) considerations in MM CLOs. Sessions Covered Middle Market Finance Primer Co-Hosts’ Welcoming Remarks Middle Market Finance Strategies and Trends The Direct-Lending Landscape: Opportunities and Threats on the Horizon Key Regulatory Developments for CLOs and Private Credit Health Check: Taking the Temperature of the Middle Market Sector Key Considerations for Investing in Middle Market CLOs: Equity and Debt Investor Roundtable Middle Market CLO Manager Roundtable: Poised for Growth Middle Market Private-Credit Investing: Why are LPs Allocating to the Sector? Emerging Middle Market CLO Trends, Strategies, and Structures

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2022年中端市场CLO会议纪要

2022年6月15日，在纽约切尔西码头举行的第一届中间市场CLO和直接贷款年度会议吸引了700多名注册者。小组成员普遍对该行业表示谨慎乐观的看法。会议的主要主题包括通货膨胀的不确定性、经济衰退的可能性、中间市场（MM）贷款的快速增长、通过私人信贷/直接贷款渠道发放的贷款规模的不断增加，以及在新冠肺炎大流行期间MM抵押贷款义务（CLO）（及其基础贷款）的强劲表现。此外，几次会议还讨论了新的监管举措以及环境、社会和治理（ESG）考虑因素在MM CLO中日益重要的问题。会议涵盖了中间市场金融入门联合主持人的欢迎辞中间市场金融战略和趋势直接贷款格局：机遇和威胁在地平线上CLO和私人信贷健康检查的关键监管发展：衡量中间市场部门的温度投资中间市场CLO的关键考虑因素：股权和债务投资者圆桌会议中型市场CLO经理圆桌会议：促进增长中型市场私人信贷投资：为什么LP分配给该行业？新兴中等市场CLO趋势、战略和结构

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Structured Finance BUSINESS, FINANCE-

CiteScore

0.60

自引率

25.00%

发文量

期刊介绍： The Journal of Structured Finance (JSF) is the only international, peer-reviewed journal devoted to empirical analysis and practical guidance on structured finance instruments, techniques, and strategies. JSF covers a wide range of topics including credit derivatives and synthetic securitization, secondary trading in the CDO market, securitization in emerging markets, trends in major consumer loan categories, accounting, regulatory, and tax issues in the structured finance industry.