After a strong 2013, with more than $82 billion in US broadly syndicated CLO issuance, 2014 is shaping up to be similarly compelling. Together with leveraged loans, US CLOs, both broadly syndicated and middle market, are poised to continue their recent impressive performance despite regulatory and market uncertainties. Fitch Ratings and Mayer Brown invite you to join us and other investors to discuss the latest developments in this market.




2:00 p.m. –
2:30 p.m.


Registration & Networking

2:30 p.m. – 2:35 p.m.


Opening Remarks
Mark Oline, Managing Director, Fitch Ratings

2:35 p.m. –
3:00 p.m.


Overview of Middle Market Lending and CLOs
Frances Beyers, Senior Market Analyst, Thomson Reuters LPC

3:00 p.m. –
3:45 p.m.


State of Middle Market Lending and Middle Market CLOs
Derek Miller, Senior Director, Fitch Ratings (Moderator)
Michael Hopson, Head of U.S. Structured Credit, Natixis
Joshua Niedner, Managing Director, Madison Capital
Kelli O’Connell, Director, NXT Capital
Glenn Pittson, President and Chief Executive Officer,
OFS Capital Corporation


  • Performance of Middle Market Loans
  • Developments in Middle Market Lending
  • Middle Market CLO Issuance in 2014

3:45 p.m. –
4:15 p.m.


Regulatory Update
Larry Berkovich, Partner, Mayer Brown
Paul Forrester, Partner, Mayer Brown
Keith Oberkfell, Partner, Mayer Brown
Jan Stewart, Partner, Mayer Brown
Sagi Tamir, Partner, Mayer Brown


  • Volcker Rule
  • Risk Retention
  • CRD IV (f/k/a Article 122a)

4:15 p.m. –
5:00 p.m.


CLO 3.0
Kevin Kendra, Managing Director, Fitch Ratings (Moderator)
Michael Loehrke, Co-Head, Senior Portfolio Manager,
Golub Capital
Levoyd E. Robinson, Managing Principal, Chicago Fundamental Investment Partners
Allan Schmitt, Vice President, Wells Fargo Securities


  • Regulatory Impact on CLOs Issuance
  • State of the Leveraged Loan Market
  • Challenges Facing CLO Managers Today

5:00 p.m. –
5:05 p.m.


Closing Remarks
Kevin Duignan, Managing Director, Fitch Ratings

5:05 p.m.



For additional information, please contact Michelle Stinga at +1 212 506 2453 or