Join us at our European headquarters in London for the 2024 edition of Bloomberg’s CLO Forum. Gain valuable insights from leading market participants on how the outlook for collateralized loans is evolving.

 

Hear from our expert panelists and keynote speaker who will cover a range of topics including new issuance, secondary trading, manager selection, fiscal policy, ESG and the outlook for the rest of the year.

 

The event will conclude with networking drinks for you to meet with peers and reflect on the day. Don’t miss out on this chance to expand your knowledge and connect with industry professionals.

 

Registration for this event is now closed. 

Agenda

Agenda

2:00 pm – 2:30 pm

Arrival and registration

2:30 pm – 2:35 pm

Welcome and opening remarks

2:35 pm – 3:00 pm

Keynote: CLO market outlook
Speakers: Pranava Boyidapu, Barclays

3:00 pm – 3:45 pm

CLO Managers – Impact of macroeconomic environment on collateral supply, new deals & direct lending 

Speakers: Camille McLeod-Salmon, Fidelity International; Fiona Hagdrup, M&G; Graham Barker, Pinebridge; Marc Touboul, Bain Capital

Moderator: Todd Cooper, Bloomberg

3:45 pm – 4:05 pm

Break

4:05 pm – 4:25 pm

Bloomberg presents: Bloomberg essentials for CLOs

Speaker: Pablo Castro, Bloomberg

4:25 pm – 5:10 pm

CLOs investors – Challenges and opportunities in the market

Speakers: Ed Watson, JP Morgan; Matthew Layton, Pearl Diver; Michelle Manuel, Investec

Moderator: Pablo Castro, Bloomberg

5:10 pm – 5:15 pm

Closing remarks

Speaker: Russel Parentela, Bloomberg

5:15 pm – 6:30 pm

Networking reception

Speakers

Photo of Pranava Boyidapu

Pranava Boyidapu

Director, Credit Research
Barclays

Pranava Boyidapu is a Director in Barclays Credit Research. She is responsible for coverage of the European Real Estate sector; European Securitized Products, including CLOs; and UK Housing Associations. Prior to joining Barclays in 2018, Pranava spent seven years at Natwest Markets in research and strategy roles covering the European securitisation market across all asset classes, with a focus on regulatory developments. Pranava holds an MBA from the Indian Institute of Management Calcutta and a bachelor’s in Mechanical Engineering from the Indian Institute of Technology Madras.

Photo of Camille McLeod-Salmon

Camille McLeod-Salmon

Portfolio Manager
Fidelity Investments

Camille joined Fidelity in March 2021 as a Portfolio Manager for the CLO and leveraged loan funds. Prior to joining Fidelity, Camille was Portfolio Manager at MeDirect. Camille was instrumental in helping to build the leveraged loan platform from scratch to c. €2.5bn across widely syndicated and mid-market transactions, with over +€7bn invested in total. In 2013 Camille participated in the launch of Grand Harbour I, an award-winning CLO managed by GSO and MeDirect, using assets from MeDirect’s balance sheet. Prior to joining MeDirect, Camille worked for BNP Paribas Asset Management in New York on the Global CLO Platform.

Camille started her career at Fortis Investments in Paris on the CSO desk before joining the Global Credit and Hybrids Funds working in both London and Chicago.

Photo of Fiona Hagdrup

Fiona Hagdrup

Fund Manager, Leveraged Finance
M&G

Fiona is a Fund Manager in the Private Credit division of M&G plc, the £370bn, listed asset manager. M&G has been investing in the European loan market for over 20 years and is one of Europe’s largest and longest-standing non-bank investors, managing money for hundreds of institutional investors, worldwide. She has a particular focus on driving sustainability within the strategy, taking it beyond ESG integration and into ESG objective-driven investment.

Fiona is a Chartered Accountant, having qualified with Ernst & Young, and she has a MA in History from Cambridge University. She is M&G’s representative on the Loan Market Association Board and actively involved in various market initiatives both loan and sustainability-related.

Photo of Graham Barker

Graham Barker

Managing Director, European Leveraged Finance
PineBridge Investments

Mr. Barker joined PineBridge in 2013 and is responsible for PineBridge’s European Leveraged Finance team. In this role, Mr. Barker is the primary portfolio manager for European CLOs. Prior to this he was an analyst responsible for analyzing and monitoring the European TMT, building materials and packaging sectors. Prior to joining PineBridge, Mr. Barker served as Associate Director at Fitch Ratings, London, where he was responsible for analyzing and managing a portfolio of European leveraged loans and high yield bonds across a broad range of industries.

Photo of Marc Touboul

Marc Touboul

Partner
Bain Capital

Mr. Touboul joined Bain Capital in 2017. He is a Partner and a Portfolio Manager in the Liquid and Structured Credit Strategies based in London.

Prior to joining Bain Capital, Marc held senior analyst positions at CQS and Lehman Brothers European Mezzanine Fund. He started his career in the leveraged finance department of BNP Paribas and Merrill Lynch.

Photo of Todd Cooper

Todd Cooper

CLO Product Manager
Bloomberg

Todd Cooper is the CLO Product Manager at Bloomberg LP where he is responsible for developing and building a platform to perform cash flow modeling, analytics and valuation of U.S. and European CLOs and underlying leveraged loan collateral.  He has over 25 years’ experience in securitization and structured finance.  Prior to joining Bloomberg, Todd spent six years as an advisor to the Wisconsin Office of the Commissioner of Insurance on the rehabilitation and restructuring of the monoline insurer, Ambac, with a focus on unwinding and mitigating risk exposures stemming from the U.S. subprime mortgage financial crisis.  Previous to Ambac, he was at Wachovia Capital Markets LLC (now Wells Fargo Securities) where he led deal teams in the origination, structuring and marketing of cash and synthetic asset-backed securitizations.  Todd has also worked in a similar role at Swiss Re, Bear Stearns and Barclays Capital where he focused on consumer and commercial ABS, CLOs and CDS transactions to transfer credit risk and improve economic and regulatory capital efficiency.  He earned an MBA from New York University’s Stern School of Business with a dual major in Finance and Accounting, and has both a Master’s and Bachelor’s degree in Economics from Emory University.  Todd is also a CFA charterholder.

Photo of Pablo Castro

Pablo Castro

Product Manager, Structured Products for EMEA and APAC
Bloomberg

Pablo Castro is a Product Manager at Bloomberg LP in charge of Structured Finance Products for the EMEA and APAC regions. Throughout 15+ years of experience at Bloomberg Pablo has helped develop and deploy technology to value, analyse and trade a variety of asset classes including ABS, RMBS, CMBS, CLOs as well as broader credit and fixed income securities for multiple geographies from Australia to Europe and Latin America. Pablo holds degrees from the University of Buenos Aires in Argentina and Durham University, UK.

Photo of Ed Watson

Ed Watson

Executive Director, EMEA Primary CLOs
JP Morgan

Mr. Watson is a member of the EMEA Primary CLO business at JP Morgan, focused on deal strategy and management for Europe, and has more than twenty years of structured finance experience in both structuring and trading contexts.  Before joining JP Morgan, Mr. Watson was with the Financial Analytics & Structured Transactions team at Bear Stearns in New York working on the RMBS trading desk, then the CLO and ABS CDO structuring desks, before moving to London in a similar capacity in early 2008.  Upon JP Morgan’s acquisition of Bear Stearns in that year, Mr Watson initially worked as a desk analyst on the European CLO trading desk, and was seconded temporarily to JPM’s New York office to help re-launch the US CLO business in 2010.  Following that, he returned to London to trade European ABS CDOs.  He then transitioned back to the EMEA Primary CLO business when the European CLO market re-opened in 2013.

Mr. Watson has a BA magna cum laude from Cornell University, and an MBA with honours in finance, accounting, and economics from the University of Chicago.

Photo of Matthew Layton

Matthew Layton

Partner
Pearl Diver

Matthew is a Partner at Pearl Diver Capital, Head of Europe, co-Head of Credit and a member of the investment committee. Matthew has 20 years’ experience of buy-side credit experience in CLOs and leveraged finance. Matthew joined Pearl Diver in 2009, he heads Pearl Diver’s EMEA business, is a voting member of the investment committee and is co-head of the credit division.  Prior to joining Pearl Diver, Matthew was a Credit Analyst with Alcentra where he covered Publishing, Media, Leisure and Gaming, Restaurants and Environmental Services. His experience covers analysing and investing in CLOs, investment origination, fundamental company level credit analysis and corporate restructurings.  Matthew holds a BSc in Economics from the University of Wales, Swansea.

Photo of Michelle Manuel

Michelle Manuel

Co-Portfolio Manager
Investec Bank Limited

Michelle is Co-Portfolio Manager within the structured credit team at Investec Bank Limited with a particular focus on CLOs. Michelle joined Investec Bank in 2003 and has covered various aspects of the structured credit market from both structuring to investing . She entered banking after completing her accounting articles at PwC in the Financial Services sector.

Photo of Russel Parentela

Russel Parentela

Global Head of Cash Structured Products
Bloomberg

Russel Parentela is responsible for managing Bloomberg’s core terminal analytics and surveillance of Cash Structured Product securities. His focus is on large scale solutions and product development linked to current market and stimulus initiatives. Prior to joining Bloomberg, Mr. Parentela was a Managing Director, Head of Structured Credit Analytics at BNY Mellon. Before BNY Mellon, Mr. Parentela was a Managing Director at ZAIS Group, LLC where he managed the Structured Credit Advisory Services Group which performed portfolio diagnostics, model valuation/validation and asset monitoring. Mr. Parentela was also the Chief Operating Officer of ZAIS Solutions, LLC, responsible for ZAIS Group’s quantitative research, system development, and mid-office data processing and IT infrastructure.

Prior to ZAIS Group, Mr. Parentela spent 14 years in Bear Stearns’ Fixed Income Department as Senior Managing Director, where he was responsible for the Analytics Securitization and Surveillance Group. He previously worked in Deloitte & Touche’s Structured Transaction Group.

When & Where

Thursday 18 April 2024
2:00 pm – 6:30 pm

Bloomberg
3 Queen Victoria Street
EC4N 4TQ, London