SpecFin Brochure v4 - iglobalforum.com

MEDIA PARTNERS:

SPONSORS:

SPECIALTYF I N A N C E

S U M M I T 2 0 1 4

JGWPT HOLDINGSWELLS FARGOMIDCAP FINANCIALSTONE POINT CAPITAL LLCCOLFORD CAPITAL HOLDINGSLOVELL MINNICK PARTNERSCRYSTAL FINANCIALFREEMAN & CO.GRENADIER CAPITALCOLONNADE ADVISORS

VION RECEIVABLE INVESTMENTSHOULIHAN LOKEYROTUNDA CAPITAL PARTNERSPINE BROOK ROAD PARTNERSNATIXISSUNTRUST CAPITAL MARKETSGB CREDIT PARTNERSATALAYA CAPITAL MANAGEMENTGREENSLEDGE CAPITAL

MARKETS

ARES MANAGEMENTMACQUARIE BANKMONROE CAPITALCAPITAL ONE LEVERAGE SOLAR CAPITALFIVE MILE CAPITAL PARTNERSFLEXPOINT FORDSANDLER O’NEILL & PARTNERSONE WILLIAM STREETMSF ENTERPRISES

CHAPMAN & CUTLER LLCSALUS CAPITAL PARTNERSRIVERSIDE RISK ADVISORSCREDIT SUISSEBARBARA A. SINSLEY, P.A.CONTINENTAL FINANCE CO.VISIO FINANCIAL SERVICESAXIS CAPITAL INC.

And Many Others!

HEAR FROM THE FOLLOWING PARTICIPATING COMPANIES:

KEY TOPICS TO BE COVERED INCLUDE:• Discuss the Dynamics and sustainability of wholesale funding for the specialty fi nance sector

• Know how FED & CFPB regulations are likely to develop, and how they impact specialty fi nance companies• Hear the issuers’ near-term plans and projections of how much money they will need in 2014

• Discover how investors are sourcing the best specialty fi nance opportunities, and what deals they have been funding• Hear growth prospects for the specialty fi nance sector in a rising rate environment

• Learn which pockets of the securitization market are most active, and what magnitude of fi nancing and rates can you expect in 2014

REGISTER TODAY AT www.iglobalforum.com/spfinance

J A N U A R Y 1 5 t h , 2 0 1 4H E L M S L E Y PA R K L A N E H O T E L , N E W Y O R K

2 S P E C I A LT Y F I N A N C E S U M M I T 2 0 1 4 | www.iglobalforum.com/spfinance

Stefano L. SolaExecutive Vice President & Chief Investment Officer, JGWPT HOLDINGS

Barbara SinsleyPartner, BARBARA A. SINSLEY P.A.

Andrea L. PetroExecutive Vice President / Division Manager, Lender Finance, WELLS FARGO

David MooreChief Financial Officer, MIDCAP FINANCIAL

Nicolas D. ZerbibSenior Principal, STONE POINT CAPITAL LLC

David C. LeePresident & CEO, COLFORD CAPITAL HOLDINGS

W. Bradford (Brad) ArmstrongPrincipal, LOVELL MINNICK PARTNERS

Steve MiglieroSenior Managing Director, CRYSTAL FINANCIAL

James Murray, CPAManaging Director, FREEMAN & CO.

John UhleinFounder and Managing Principal, GRENADIER CAPITAL

Christopher GillockManaging Director, COLONNADE ADVISORS

Stacey SchacterCEO, VION RECEIVABLE INVESTMENTS

Timothy W. StuteManaging Director, HOULIHAN LOKEY

John FruehwirthManaging Partner, ROTUNDA CAPITAL PARTNERS

Larry MarsielloManaging Director, PINE BROOK ROAD PARTNERS

Brock WolfExecutive Director, NATIXIS

Matt MatzaVice President, Corporate Development, ECONOHOMES

Tim TobinSenior Managing Director Originations and Corporate Development, SALUS CAPITAL PARTNERS, LLC

Jeffrey KramerPortfolio Manager, Capital Markets Group, ARES MANAGEMENT

Christopher AckermanPrincipal, FLEXPOINT FORD

Eric HansonSenior Managing Director, MACQUARIE BANK

Christopher DonohoeManaging Director, Investment Banking Group, SANDLER O’NEILL & PARTNERS

Rob FlowersPartner, ATALAYA CAPITAL MANAGEMENT

Bob AshcomManaging Director, Financial Services & Technology Investment Banking, SUNTRUST CAPITAL MARKETS

Maggie Jiang, CFADirector, FID Global Asset Finance, CREDIT SUISSE

Joyce A. FrostCo-Founder and Partner, RIVERSIDE RISK ADVISORS

Todd PlotnerPartner, CHAPMAN AND CUTLER LLP

Patrick J. DaltonChief Executive Officer, GB CREDIT PARTNERS

Ken WormserManaging Director, GREENSLEDGE CAPITAL MARKETS

Ben MarzoukManaging Director, MONROE CAPITAL

Kevin GibbonsManaging Director,CAPITAL ONE LEVERAGE FINANCE CORP

Brian GersonExecutive Vice President, SOLAR CAPITAL

Bharath T. SrikrishnanManaging Director, FIVE MILE CAPITAL PARTNERS

Rupert ChisholmManaging Director, ONE WILLIAM STREET

Michael FieldsManaging Partner, MSF ENTERPRISES

Cecilia ParkPresident, AXIS CAPITAL, INC.

iGlobal Forum is pleased to be hosting the Summit at the luxury Helmsley Park Lane Hotel in New York. Located on Central Park in the Midtown business district, the Helmsley Park Lane hotel is just steps from Fifth Avenue shopping, Broadway theaters, Museum Mile, Radio City, and Lincoln Center. Helmsley Park Lane Hotel36 Central Park SouthNew York, NY

(212) 371-4000www.helmsleyparklane.com

in New York. Located on Central Park

SANDLER O’NEILL

Dear Colleague,

iGlobal Forum’s Specialty Finance Summit 2014 is

the go-to forum where senior-level representatives from

specialty finance companies meet with private equity

firms, hedge funds, wealth management firms, senior

lenders and asset managers. Activity in the specialty

finance sector is growing, as rates remain low and

banks stay away from high-risk consumers and SMEs.

The securitization markets have opened up and there

is tremendous demand for the high-yield debt issued

by specialty finance companies. Huge opportunities

exist both for alternative lenders and for investors

with capital ready to be deployed into the sector. The

Specialty Finance Summit 2014 is an invaluable deal-

sourcing event where investors will meet potential targets

and acquirers for their businesses, and issuers will

share best practice strategies to generate new funding

opportunities.

Kind regards,

iGlobal Forum Team


S U M M I T 2 0 1 4

LEADING EXPERTS & SPEAKERS INCLUDE:

VENUE ANDACCOMODATION


7:45 am REGISTRATION AND NETWORKING BREAKFAST

8:30 am CHAIRPERSON’S WELCOME AND OPENING REMARKS

8:45 am GROWTH PROSPECTS FOR THE SPECIALTY FINANCE SECTOR • How much growth will there be from new sources of capital, such as BDCs and credit funds moving into the space? • Does the sector have enough natural demand to support the new capital coming in, or will an excess of originations lead to a bubble? • How would specialty finance players deal with rising interest rates? Will interest rate sensitivity affect existing portfolios, the origination of new assets and the sizing of the market? • What does the scaling back of QE mean for the non-agency mortgage market? Will there be enough pickup in true purchase money transactions to offset the drop-off in re-financing? • Understanding the correlations between macro-economic events and loss rates

Patrick J. Dalton, Chief Executive Officer, GB CREDIT PARTNERS

Bob Ashcom, Managing Director, Financial Services & Technology Investment Banking, SUNTRUST CAPITAL MARKETS

Tamer El-Rayess, Chairman, CONTINENTAL FINANCE COMPANY

Joyce A. Frost, Co-Founder and Partner, RIVERSIDE RISK ADVISORS

Moderator: Rob Flowers, Partner, ATALAYA CAPITAL MANAGEMENT

9:30 am UNDERSTANDING THE DYNAMICS & SUSTAINABILITY OF FUNDING FOR THE SPECIALTY FINANCE INDUSTRY • Exploring the breadth of the market, how it has changed over recent years, and what developments you can expect in 2014 • Analyzing what kinds of investors, and what parts of the capital structure are providing equity and sub-debt financing • What terms and conditions are senior lenders willing to offer specialty finance companies? • What criteria, returns and maturities are lenders looking for? What are the characteristics of the investments they are looking to make? • Which types of specialty finance companies can access the unsecured debt market, and how readily available is this line of credit?

Steve Migliero, Senior Managing Director, CRYSTAL FINANCIAL

James Murray, CPA, Managing Director, FREEMAN & CO.

Christopher Ackerman, Principal, FLEXPOINT FORD

Jeffrey Kramer, Portfolio Manager, Capital Markets Group, ARES MANAGEMENT

Tim Tobin, Senior Managing Director Originations and Corporate Development, SALUS CAPITAL PARTNERS, LLC

Moderator: John Uhlein, Founder and Managing Principal, GRENADIER CAPITAL

10:15 am MORNING NETWORKING BREAK

10:45 am SECURING ACCESS TO CAPITAL OVER THE LONG-TERM • Overcoming the limitations on raising long-term senior secured debt facilities • Establishing a durable capital structure that will fund new growth within all credit and funding cycles º What are the trade-offs with costs?

• How quickly are specialty finance issuers planning to ramp up? How much money will they need in 2014? • Getting warehousing lines – what are the big lenders willing to do, and what has their experience been? • What are bondholders looking for in today’s market?

David C. Lee, President & CEO, COLFORD CAPITAL HOLDINGS

Matt Matza, Vice President, Corporate Development, ECONOHOMES

Michael Fields, Managing Partner, MSF ENTERPRISES

Moderator: Timothy W. Stute, Managing Director, HOULIHAN LOKEY

11:30 am FINANCING EMERGING, NICHE BUSINESSES • Sourcing good specialty finance businesses, with high sustainable returns on equity, at attractive prices. What are investors seeing in the market today, and what deals they have been funding? • Understanding which specialty finance opportunities are well- placed to ultimately be acquired by a bank • Due diligence - investigating individuals, quality of contracts, technology risk, credit quality of the portfolio, etc. • Where is the next big investment opportunity? Focus on: peer-to- peer lending, small business credit, solar panel finance, timeshare finance, litigation receivables

Rupert Chisholm, Managing Director, ONE WILLIAM STREET

John Fruewirth, Managing Partner, ROTUNDA CAPITAL PARTNERS

Kevin Gibbons, CAPITAL ONE LEVERAGE FINANCE CORP

Moderator: Christopher Gillock, Managing Director, COLONNADE ADVISORS

12:15 pm NETWORKING LUNCHEON

1:00 pm ROUNDTABLE DISCUSSIONS Identifying the Hottest Investment Opportunities for 2014 • Hedging Interest Rate Risk, Identifying pitfalls in current market structures, Reducing swap execution and termination costs, Navigating the new Dodd-Frank derivatives requirements, and Identifying and negotiating better terms in your ISDA Agreements

Discussion Leader: Joyce A. Frost, Co-Founder and Partner, RIVERSIDE RISK ADVISORS

Securing Capital for Specialty Finance Companies • Raising fund capital, Sourcing new investors, Establishing long- term capital structures

Discussion Leader: John Uhlein, Founder and Managing Principal, GRENADIER CAPITAL

Securitization as an Exit Strategy • Current trends and expectations for 2014, and optimal ways to access the securitization markets

Discussion Leader: Maggie Jiang, CFA, Director, FID Global Asset Finance, CREDIT SUISSE

Regulatory Outlook • Future plans of the FED and CFPB, Political and legal risks for specialty finance companies

Discussion Leaders: Stacey Schacter, President, VION RECEIVABLE INVESTMENTS Barbara Sinsley, Partner, BARRON, NEWBUGER & SINSLEY PLLC

AGENDA WEDNESDAY, JANUARY 15TH, 2014



1:45 pm RAISING FUND CAPITAL FOR SPECIALTY FINANCE COMPANIES• Sourcing new investors, and promoting the specialty finance

sector to the investment community• Identifying the risk/reward of specialty finance for new investors• How do the rating agencies view the specialty finance world? When

will they increase their coverage of specialty finance companies?

Larry Marsiello, Managing Director, PINE BROOK ROAD PARTNERS

W. Bradford Armstrong, Principal, LOVELL MINNICK PARTNERS

Benjamin Marzouk, Managing Director, MONROE CAPITAL

Moderator: Christopher Donohoe, Managing Director, Investment Banking Group, SANDLER O’NEILL & PARTNERS

2:10 pm SECURITIZATION AS AN EXIT STRATEGY • Understanding trends, and the current state of play, in the securitization market • What asset classes, magnitude of financing and rates can you expect in 2014? • Optimal ways for specialty finance companies to access the securitization markets • What are bondholders looking for today?

Stefano L. Sola, Executive Vice President & Chief Investment Officer, JGWPT HOLDINGS

Brock Wolf, Executive Director, NATIXIS

Cecilia Park, President, AXIS CAPITAL, INC.

Todd Plotner, Partner, CHAPMAN AND CUTLER LLP

Moderator: Ken Wormser, Managing Director, GREENSLEDGE CAPITAL MARKETS

3:00 pm FIRESIDE CHAT: IDENTIFYING THE HOTTEST MARKETS & SECTORS FOR 2014 • Acquiring MSR portfolios from banks at attractive prices IP securitizations – what opportunities exist, and across which industries? • Finding opportunities in protected niches • Modeling highly illiquid securities • Proactively managing risk (operations risk, concentration risk, repurchase risk and regulatory risk) • Addressing changes in corporate credit unions

Andrea L. Petro,Executive Vice President / Division Manager, Lender Finance, WELLS FARGO

David Moore, Chief Financial Officer, MIDCAP FINANCIAL

Brian Gerson, Executive Vice President, SOLAR CAPITAL

Eric Hanson, Senior Managing Director, MACQUARIE BANK

Moderator: Bharath T. Srikrishnan, Managing Director, FIVE MILE CAPITAL PARTNERS

3:30 pm CHAIRMAN’S SUMMARY AND NETWORKING

POST-CONFERENCE WORKSHOPENSURING SUSTAINABLE FUNDING FOR SPECIALTY FINANCE COMPANIES W E D N E S DAY, J A N UA R Y 1 5 , 2 0 1 4 3 : 4 5 p m t o 5 : 1 5 p m

WHAT WILL BE COVERED:This interactive session will explore how specialty finance companies can continually generate new sources of capital to fund the growth of their business. The session will give you valuable new insights into:

• How you can establish a durable capital structure that will withstand all credit and funding cycles

• Which investors are providing sub-debt and equity to the sector, and what types of investments they are prioritizing

• How you can engage new investors and secure their investment in your company

• Which lenders are most actively providing senior secured debt, and what terms and conditions you can agree

• Optimal ways to track and access the securitization markets

Nicolas D. Zerbib is a Senior Principal of Stone Point Capital LLC, a global private equity firm based in Greenwich, Connecticut. Stone Point serves as the manager of the Trident Funds, investment partnerships that invest exclusively in the financial services industry. He joined Stone Point in 1998. Previously, he was an Analyst at Goldman, Sachs & Co. from 1993 to 1996. Mr. Zerbib is a director of a number of portfolio companies of the Trident Funds, including Amherst Holdings LLC, Edgewood Partners Holdings LLC, Higginbotham Insurance Agency, Inc., Preferred Concepts LLC and StoneRiver Group, L.P. He holds a B.A. from Amherst College and an M.B.A. from the Harvard Graduate School of Business Administration.

Mr. Srikrishnan joined Five Mile in March 2011 to lead the Five Mile’s private equity group. Prior to Five Mile, Mr. Srikrishnan served as a Principal of Lee Equity Partners. Mr. Srikrishnan was responsible for making private equity investments in the financial, business and healthcare services sectors and served on the Board of Directors of MidCap Financial. Prior to Lee Equity, Mr. Srikrishnan was a co-founder and Managing Director of NewStar Financial, Inc., a specialty lender which was formed with $210 million of equity capital. With NewStar, Mr. Srikrishnan held a wide variety of strategic, operating and financial responsibilities culminating with leading the Company’s $235 million IPO. Mr. Srikrishnan graduated from Boston College with a B.S. degree in Finance, Operations and Strategic Management, with cum laude honors.

S P E C I A LT Y F I N A N C E S U M M I T 2 0 1 4 |

Nicolas D. Zerbib is a Senior Principal of Stone Point Capital LLC, a global private equity firm based in Greenwich, Connecticut. Stone Point serves as the manager of the Trident Funds, investment partnerships that invest exclusively in the financial services industry. He joined Stone Point in 1998. Previously, he was an Analyst at Goldman, Sachs & Co. from 1993 to 1996. Mr. Zerbib is a director of a number of portfolio companies of the Trident Funds, including Amherst Holdings LLC, Edgewood Partners Holdings LLC, Higginbotham Insurance Agency, Inc., Preferred Concepts LLC Agency, Inc., Preferred Concepts LLC and StoneRiver Group, L.P. He holds a B.A. from Amherst College and an M.B.A. from the Harvard Graduate School of Business Administration.

Nicolas D. ZerbibSenior PrincipalSTONE POINT CAPITAL LLC

Bharath T. SrikrishnanManaging DirectorFIVE MILE CAPITAL PARTNERS

AGENDA WEDNESDAY, JANUARY 15TH, 2014

SPEAKERS:


S U M M I T 2 0 1 4


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Fax: 212.202.4220J A N U A R Y 1 5 t h , 2 0 1 4 | H E L M S L E Y PA R K L A N E H O T E L , N E W Y O R K

SpecFin Brochure v4 - iglobalforum.com

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