PE’23: Private Equity Finance Track
Women’s Private Equity Summit
June 12-14, 2023 | PE Finance Track
Finding debt financing is becoming a top variable in closing private equity deals. Rising interest rates have challenged financial sponsors to get more creative in finding financing and negotiating term sheets. Lenders meanwhile can be more selective and seek more protections in new term sheets. This track will explore the key trends in leveraged finance today, including debt capital markets outlook, evolving term sheets and challenges facing both borrowers and lenders in today’s market.
Panel: What Choppy Debt Markets Mean For Private Equity
June 13th | 2:00 PM ET
With a pullback in leveraged loans, rising rates, inflation and geopolitical uncertainty, will financing deals become an even bigger challenge for private equity? How is the PE industry approaching deal financing in the current environment? Bypassing banks and going to direct lenders is an explosive trend – but will there be stricter covenants and more scrutiny there too? This panel will be a conversation amongst the capital market pros inside private equity firms as well as their counterparts in leveraged finance and private credit on the state of private equity finance – exploring term sheet trends, obstacles, and expected changes ahead.
Speakers confirmed: Laleh Bashirrad, BNP Paribas, Lauren Tanenbaum, The Carlyle Group, Sandra Mason, Audax Private Equity, Emily Knickel, Barclays
Moderator: Soo-ah Nah, Dechert, LLP
Panel: Private Credit: An All-Weather Asset Class?
June 13th | 2:45 PM ET
Private credit is currently the third-largest private capital asset class, and assets under management in private credit are projected to grow to $1.46 trillion by 2025. Private credit is often regarded as an “all-weather” asset, one that is able to perform well during times that are both favorable and unfavorable for private asset investors. Our panel of experts will examine the validity of this claim – is the resilience of private credit fact or mere speculation? Will private debt, such as floating rate loans provide a hedge against rising interest rates and yield greater returns than other types of bonds in the year to come?
Speakers confirmed: Dulari Pancholi, NEPC, Carolyn Hastings, Bain Capital Credit, Puja Parekh, MidCap Financial Services, Richa Tandon, Benefit Street Partners
Moderator: Nicole Macarchuk, Dechert
Keynote: Lindsey Piegza, Stifel Financial Corp.
Chief Economist Dr. Lindsey Piegza will look at the current state of the economy amid the pandemic recovery and what it means going forward for overall growth, interest rates, and lending. She will cover macroeconomic trends in consumer spending and investment, in addition to new monetary and fiscal policy initiatives and the potential economic effects of these changes. She will also examine the changing global and political environment, and how it will affect economic recovery. Participants will leave this session able to advise management teams and investment committees on the possible effect of economic issues on their organizations.
Track Sponsored by: Dechert, LLP
Join us at our Private Equity Summit to hear valuable insight in the private equity finance sector. Register here.