5TH ANNUAL European FundFinance Symposium

JUNE 20, 2019THE LANDMARK HOTEL, LONDON

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5TH ANNUAL European FundFinance Symposium

TABLE OFCONTENTS

Agenda at a Glance ............. 2

Session Details .................... 3

Sponsors .............................. 9

Speakers ............................. 24

FFA Leadership .................. 38

Notes ................................... 39

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AGENDA AT A GLANCE

Time Session

9:00 – 9:05 AM Welcome Remarks

9:05 – 9:45 AM Behind the Scenes of Brexit

9:45 – 10:25 AM GP Management Fee Facilities

10:25 – 11:05 AM Networking Break

11:05 – 11:45 AM The End of Life Challenge

11:45 – 12:25 PM A Subscription Finance Debate

12:25 – 1:45 PM Networking Lunch

Track A Track B

1:45 – 2:25 PM The Shaping Hand of Regulation Covenantal Relationships

2:30 – 3:10 PM Operations and Credit Aligning Interests

3:10 – 3:45 PM Networking Break

3:45 – 4:25 PM Navigating Troubled Waters

4:25 – 5:05 PM Industry Developments and Market Outlook

5:05 – 5:15 PM Board Address & Conference Close

5:15 – 7:15 PM Networking Cocktail Reception hosted by

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Welcome The Grand Ballroom

9:00 - 9:05 AM

Robert Duggan, Partner, Mourant Emma Russell, Partner, Haynes and Boone, LLP

Behind the Scenes of Brexit The Grand Ballroom

9:05 - 9:45 AMThis is a keynote discussion, facilitated by a lobbyist with a particular understanding of the politics and bureaucracy of Brexit in discussion with MPs from opposite sides of the House. This session will de-mystify the politics, and shine a light on lesser known anecdotes from the corridors of power.

MODERATOR:

Huw Shakeshaft, Founder & Senior Partner, TransAtlantica Partners Limited

PANELISTS:

Kate Hoey, MP John Mann, MP Nigel Evans, MP

GP and Management Fee Facilities The Grand Ballroom

9:45 - 10:25 AMThis panel will look at the growing market for GP and management company facilities, not only for emerging managers but also to allow for succession and growth at the upper reaches of the market.

MODERATOR:

James Fox, Partner, Appleby

PANELISTS:

Richard Fletcher, Partner, Macfarlanes LLP Ron Franklin, Partner, Proskauer Rose LLP Mary Touchstone, Partner and Head of the Fund Finance Practice, Simpson Thacher & Bartlett LLP Thomas Rapp, Managing Director, Wells Fargo Olivier Vermeulen, Office Chair Paris Office, Head of Finance Department, Paul Hastings (Europe) LLP Andrew Weber, Partner, Head of Structuring, Orchard Global Asset Management LLP

AGENDAJUNE 20, 2019

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Networking Break 10:25 -11:05 AM

The End of Life Challenge The Grand Ballroom

11:05 - 11:45 AMEnd of life financing is a challenge altogether different from a traditional subscription line and differs from hybrids/NAV facilities too. What is this all about, where is the market and how are funds obtaining end of life financing and on what terms?

MODERATOR:

Bronwen Jones, Partner, Funds Finance, Reed Smith

PANELISTS:

Amanda Ambrose, Head of Legal, Europe, CVC Credit Partners Investment Management Limited Cassie Fisher, Director, Financial Sponsors, Financial Institutions, Lloyds Bank Sally Little, Director, ING Thomas Smith, Partner, Debevoise & Plimpton LLP Victoria Stewart, Vice President, Partners Group AG

A Subscription Finance Debate The Grand Ballroom

11:45 AM - 12:25 PMA no holds barred discussion of pinch points in the relationship between lenders and funds, funds and their investors etc.

MODERATOR:

Emma Russell, Partner, Haynes and Boone, LLP

PANELISTS:

Jeremy Cross, Partner, Cadwalader, Wickersham & Taft LLP Paul Cunnningham, CFO, Helios Investment Partners Ben Griffiths, Global Head of Fund Financing, MUFG Craig Rydquist, Senior Managing Director and Global Head of Capital Markets, Värde Partners Paul Tannenbaum, Partner, Mayer Brown LLP

Networking Lunch

12:25 - 1:45 PM

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The Shaping Hand of Regulation The Grand Ballroom

1:45 - 2:25 PMThis panel will contemplate the shaping effects of regulation (including Brexit, AIFMD, Basel IV and others) on fund structuring and on fund level financing. Although this conversation will be rooted in regulation, it will also consider non-regulatory drivers of evolving fund terms.

MODERATOR:

Kathryn Cecil, Partner, Fried Frank

PANELISTS:

George Cherry, Managing Director, Citi Private Bank Alice Hillson, Senior Legal Counsel, BlueBay Asset Management LLP Daniel Schorer, Legal Counsel, Macquarie Asset Management Vassiliyan Zanev, Partner – Banking & Finance, Loyens & Loeff

Covenental Relationships The Empire Room

1:45 - 2:25 PMIs heavier or lighter better? A discussion of the relevance of cov. lite lending in the European fund finance space, and where it is a feature, how lite are the covenants and in what circumstances is this a sensible lending protocol? To include commentary on relevance within different styles of fund level financing, including vanilla subscription credit arrangements and NAV/hybrid facilities.

MODERATOR:

Charles Bischoff, Partner, Travers Smith

PANELISTS:

Russell Evans, Head of Client Coverage- Financial Institutions Group, Europe, National Australia Bank Limited Matthew Maguire, Head of Reporting and Business Strategy, Park Square Capital LLP Kim Nguyen, Associate Director, NBFI Europe, Commonwealth Bank of Australia Keith Pickard, Portfolio Management, InfraRed Capital Partners

Operations and Credit The Grand Ballroom

2:30 - 3:10 PMThis will be a pot luck discussion of operational due diligence and other credit committee nettles. Side letter review and risk, KYC, taking-on the sovereigns, exchange rate volatility/hedging, excuse and overcall...

MODERATOR:

Nick Wong, Partner, Ashurst LLP

PANELISTS:

Ahlem Ben-Gueblia, Director, Private Equity Funds Solutions, Credit Agricole CIB Thomas Hallett, Vice President, Private Equity, Financial Institutions Group, Barclays Stephen Thomas, Co-Head Finance, Coller Capital Shani Unantenne, Executive Director, ANZ

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Aligning Interests The Empire Room

2:30 - 3:10 PMThis panel will consider identifying and managing the differing interests of Funds and their lenders on fund finance transactions and how this can give rise to quite different considerations depending on the type of fund finance the fund has elected to utilise

MODERATOR:

Kate Andrews, Partner, Carey Olsen

PANELISTS:

Rory Buck, Senior Director of European Investments, Gramercy Europe Kevin Early, Partner, European CFO, Ares James Scott-Williams, Senior Director , Crescent Credit Europe LP Nicola Wherity, Partner, Clifford Chance LLP

Networking Break 3:10 - 3:45 PM

Navigating Troubled Waters The Grand Ballroom

3:45 - 4:25 PMThis panel is not about Abraaj! It is, though, a consideration of potential areas of stress in the context of fund finance arrangements, and what options and strategies are available to lenders (and funds and their investors) in light of such stress. The panel will consider the documentation framework, remedies, strategies etc. as well as possible restructuring and insolvency outcomes.

MODERATOR:

Robert Duggan, Partner, Mourant

PANELISTS:

Amira Hajili, Head of EMEA Fund Finance Solutions, Natixis Philippe Max, Partner, Dentons Dave Wasserman, Managing Director, Morgan Stanley Alexandra Woodcock, Partner, Mourant

Industry Developments and Market Outlook The Grand Ballroom

4:25 - 5:05 PMThis is a session which will look at dynamics and drivers in fundraising and key fund terms from across the closed-ended spectrum.

PANELISTS:

Christopher Elvin, Head of Private Equity Products, Preqin Tim Hames, Director General, BVCA

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Board Address and Conference Close The Grand Ballroom

5:05 - 5:15 PM

Terry Hatton, Managing Director- Funds Finance Group, MUFG Tina Meigh, Partner, Maples Group

Networking Cocktail Reception Hosted by Appleby The Ballroom

5:15 PM - 7:15 PM

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PLATINUMSPONSORS

APPLEBYAppleby is a leading offshore law firm with close to 500 people, including 60 partners, operating from 10 offices around the globe. We advise global public and private companies, financial institutions, and high net worth individuals, working with them and their advisers to achieve practical solutions, whether in a single location or across multiple jurisdictions.

Appleby represents combined ingenuity and talent working in the most significant international offshore financial centres, and is focused on the development of new products and the provision of effective service to its clients.

Appleby has been ranked as one of the world’s largest providers of offshore legal services in The Lawyer’s Offshore Survey in recent years. They deliver sophisticated, specialised services, primarily in the areas of Banking & Finance, Corporate, Dispute Resolution, Private Client and Trusts, Regulatory and Property.

ASHURST LLPAshurst is a leading global law firm with a rich history spanning almost 200 years. Our in-depth understanding of our clients and commitment to providing exceptional standards of service have seen us become a trusted adviser to local and global corporates, financial institutions and governments on all areas of commercial law. With over 1600 lawyers working across 10 different time zones, we are able to respond to our clients wherever and whenever they need us.

Our global finance team are both experts of law, and in tune with the economic, market and political forces of your business environment. They deliver integrated, bespoke and cost effective advice covering all aspects of funds finance. Working in tandem with our market leading funds formation practice, we advise lenders and funds on a wide variety of financing structures including capital call facilities, leverage facilities, hybrid facilities and general partner facilities.

CACEIS AND CRÉDIT AGRICOLE CIBCACEIS is the asset servicing banking group of Crédit Agricole dedicated to institutional and corporate clients. Through offices across Europe, North America and Asia, CACEIS offers a broad range of services covering execution, clearing, depositary and custody, fund administration, middle office outsourcing, forex, securities lending, fund distribution support and issuer services. With assets under custody of €2.6 trillion and assets under administration of €1.7 trillion, CACEIS is a European leader in asset servicing and one of the major players worldwide.

www.caceis.com

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CADWALADER, WICKERSHAM & TAFT LLP With over 225 years of legal experience, Cadwalader, Wickersham & Taft LLP serves a diverse client base, including many of the world’s leading financial institutions and corporations. With five offices in the U.S. and Europe, Cadwalader offers legal expertise in antitrust, banking, corporate finance, corporate governance, energy, environmental, executive compensation, financial restructuring, health care, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense. We have more than two decades of experience in fund finance, and provide practical, yet cutting edge, advice to a wide variety of financial institutions active in the space. Our team regularly represents the agent, lead arrangers and lenders on subscription credit and capital call facilities to real estate, private equity and other investment funds.

CAREY OLSENCarey Olsen is a leading offshore law firm advising financial institutions, corporations and private clients on Bermuda, British Virgin Islands, Cayman Islands, Guernsey and Jersey law from a network of nine international offices.

Our fund finance specialists have extensive experience of advising on all types of lending to investment funds in Bermuda, the British Virgin Islands, Cayman Islands, Guernsey and Jersey.

Our lawyers regularly deal with subscription facilities, GP leverage, co-invest facilities as well as hybrid and NAV based arrangements, with loan sizes ranging from tens of millions to billions of dollars.

Our team includes banking, finance and investment funds specialists who are hugely experienced in closing deals in this sector. We act directly for banks and borrowers as well as alongside leading global law firms.

Relationships are key and we seek to maintain excellent lender, fund manager and investor relations as a priority.

For more information, visit https://www.careyolsen.com/services/investment-funds/fund-finance

CLIFFORD CHANCE LLPClifford Chance is one of the world’s pre-eminent law firms, with the depth and range of resources to help our clients across all the major global financial centres. As a single, fully integrated partnership, we pride ourselves on our ability to work seamlessly across national borders to deliver broad industry expertise and local knowledge.

Clifford Chance brings a market-leading fund finance proposition, advising lenders and funds on a wide range of financing options, including capital call bridge financing, leveraged NAV facilities and borrowing base deals (including hybrid facilities), along with facilities for general partners. Our global funds/funds formation practice of over 130 lawyers works in tandem with our lending team to provide a complete fund financing platform for our clients.

DENTONSDentons is the world’s largest law firm, delivering quality and value to clients around the globe. Dentons is a leader on the Acritas Global Elite Brand Index, a BTI Client Service 30 Award winner and recognized by prominent business and legal publications for its innovations in client service, including founding Nextlaw Labs and the Nextlaw Global Referral Network. Dentons’ polycentric approach and world-class talent challenge the status quo to advance client interests in the communities in which we live and work.

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FRIED FRANKFried Frank advises the world’s leading corporations, investment funds and financial institutions on their most critical legal needs and business opportunities. The Firm’s approximately 500 lawyers are based in North America and Europe. Our premier fund finance practice leverages broad representation of borrowers, investors and arrangers, enabling us to better evaluate evolving market conditions and effectively navigate key issues on behalf of our clients. We have extensive experience in a range of financing transactions for investment funds and other pooled investment vehicles across a wide array of strategies, including private equity, mezzanine, real estate, infrastructure, special opportunities and fund of hedge funds, as borrowers.

HAYNES AND BOONE, LLPHaynes and Boone, LLP is one of the leading U.S. corporate law firms with offices across Texas, in New York, California, Charlotte, Chicago, Denver, Washington D.C., London, Mexico City and Shanghai, representing agent banks in Subscription Financings in Asia, Europe, Latin America and North America. With more than 575 lawyers, Haynes and Boone is ranked among the largest U.S.‐based firms by The National Law Journal. The firm was instrumental in developing the structure and documentation for subscription financing in the early 1990s. With over 30 years of industry experience in the global subscription financing market, our Fund Finance Practice has worked through numerous business cycles, taking a multi‐disciplinary approach to working with clients and their customers on each transaction, preserving the lender‐borrower relationship by conducting all negotiations with an understanding of the fund’s business issues, while preserving each fund’s relationship with its investors. Our work in the global subscription financing market has been recognized by Private Equity International’s Global Annual Awards as one of the top law firms in the “Transactions” category for both Asia and North America. Our global team’s focus is a collaborative team approach with an emphasis on partner‐led deals. Our team advises on all types of fund finance including subscription financing, NAV/Hybrid, GP support and management fee financings.

LOYENS & LOEFFLoyens & Loeff is a leading law firm with integrated legal and tax practices. We handle all matters relating to banking, corporate, investment funds, private equity, real estate and tax law. Our offices in the Benelux and Switzerland mainly represent banks, financial institutions, investment funds and corporations, operating internationally.

Our global fund finance team advises in relation to the structuring of fund finance transactions and the related security packages. Relying on our extensive experience in the structuring of capital call subscription credit facilities, bridge facilities and permanent leverage facilities, we handle transactions involving alternative or regulated investment fund borrowers of all types, sizes and asset classes. Major lenders, investment fund managers, sponsors and market players in both the US and European markets count on our expertise regarding fund finance transactions. Our dedicated fund finance team has successfully acted for the most active international banks, arrangers, lenders and fund managers in these markets.

MAYER BROWNMayer Brown, the founding sponsor of the Annual Subscription Facility and Fund Finance Symposium, is a global legal services organization advising clients across the Americas, Asia and Europe. Mayer Brown’s finance platform is based on the Firm’s global position in the world’s leading markets, and partners dedicated to fund finance matters are located in Charlotte, New York, Chicago, London, Hong Kong and Singapore. As a result, the Firm has relationships with every major US lender along with the majority of active lenders in the European and Asian markets, in addition to having a significant fund formation and borrower side practice. Our lawyers have been lead counsel on fund financings for the past two decades, and represented the lead agent and lenders in over 290 fund finance transactions last year alone. In addition to subscription credit facilities, Mayer Brown lawyers regularly document the full suite of fund and portfolio-level financings, including NAV facilities, hybrid facilities, secondary facilities, partner loan programs, private placements, open-end fund facilities, management fee credit lines and leveraged asset-level transactions.

Haynes and Boone, LLP logosize: 2.5”(width)

C32 M100 Y86 K48

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PAUL HASTINGS (EUROPE) LLPPaul Hastings provides innovative legal solutions to many of the world’s top financial institutions and Fortune 500 companies in markets across Asia, Europe, Latin America, and the United States. We offer a complete portfolio of services to support our clients’ complex, often mission-critical needs—from structuring first-of-their-kind transactions to resolving complicated disputes to providing the savvy legal counsel that keeps business moving forward.

Since the firm’s founding in 1951, Paul Hastings has grown steadily and strategically along with our clients and the markets we serve. We established successful practices in key U.S. and European cities, creating a broad network of professionals to support our clients’ ambitions. In addition, we were one of the first U.S. law firms to establish a presence in Asia, and today we continue to be a leader in the region. Over the past decade, we have significantly expanded our global network of lawyers to assist our clients in financial centers around the world, including the emerging markets of Latin America

REED SMITHReed Smith is a market-leading international law firm specialising in funds finance. With more than 1,700 lawyers across 28 offices, it advises lenders and funds on capital call/subscription lines, NAV and asset-backed facilities, secondary funds facilities, hybrid facilities, co-investment and GP/manager support facilities and other fund liquidity facilities in Europe, the US, Asia and the UAE. It has one of the largest team of funds finance lawyers in London and provides specialist advice on the new and developing products in this area. Reed Smith has particular expertise with financings of direct lending, secondary and PE funds. Reed Smith’s funds finance team sits within our Financial Industry Group that contains more than 210 lawyers who provide dedicated multi-jurisdictional services to clients in the financial sector focusing on finance, funds and investment management, regulatory, tax, litigation and commercial restructuring and bankruptcy.

SIMPSON THACHER & BARTLETT LLPSimpson Thacher & Bartlett LLP (www.simpsonthacher.com) is one of the world’s leading international law firms. The Firm was established in 1884 and today has more than 900 lawyers. Building on over 130 years of experience, the Firm has played a substantial role in many of the most complex and noteworthy transactions and matters of the last decades. Headquartered in New York with offices in Beijing, Hong Kong, Houston, London, Los Angeles, Palo Alto, São Paulo, Tokyo and Washington, D.C., the Firm provides coordinated legal advice and transactional capability to clients around the globe.

The Firm offers a market-leading fund finance practice with deep experience providing fund- and asset-level leverage solutions for private equity, real estate, investment, special situations and infrastructure funds. Complementing the Firm’s preeminent private funds practice, our fund finance team represents clients across a broad spectrum of transactions encompassing all aspects of the investment management business.

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SMBCSMBC is a global leader in subscription-secured lending to private equity funds investing across multiple asset classes. Globally centralized in New York, SMBC has been originating subscription facilities since 1999 and has originated and arranged more than $40 billion in the last five years for funds in the US, Europe, Asia, Latin America, Japan and Australia.

SMBC has arranged credit facilities for funds investing in the following asset classes: real estate, private equity, infrastructure, energy and natural resources, middle market lending, BDCs, distressed debt, venture capital, fund-of-funds and secondaries.

SMBC is a subsidiary of Sumitomo Mitsui Financial Group, a bank holding company with more than 73,000 employees across 40 countries including 20 offices across Europe, Middle East and Africa. SMFG is one of Japan’s largest banks with $1.8 trillion in assets and SMBC has strong credit rating of A/A1 (S&P/Moody’s). We have a 400-year tradition serving successful companies.

TRAVERS SMITHTravers Smith is an award-winning full-service law firm with offices in London and Paris. We build lasting relationships with publicly-listed and private companies, financial institutions and funds, as well as other business enterprises involved in large and complex UK and cross-border matters and transactions. We make it our priority to understand our clients’ sectors and their most important objectives.

We use a unique blend of technical skill and commercial experience to overcome some of the most complex business challenges. Our hallmark is to be entrepreneurial and exceptionally efficient. We fight only the battles that are worth winning, focusing on the results we can achieve for our clients rather than the points we can score.

We have been an active participant in the European fund finance space for over 15 years and frequently advise both lenders and borrowers on subscription, co-invest / GP support, NAV and hybrid facilities.

WELLS FARGOWells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. Founded in 1852, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial financial services through more than 8,600 locations, 13,000 ATMs, online (wellsfargo.com), and mobile devices. We’re headquartered in San Francisco, but we’re decentralized so every local Wells Fargo location is a headquarters for satisfying our customers’ financial needs and helping them succeed financially. We do business with 70 million customers and one in three U.S. households. Wells Fargo has approximately 273,000 team members in 42 countries and territories across our more than 90 businesses. Wells Fargo perspectives are also available at Wells Fargo Blogs and Wells Fargo Stories.

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ANZHeadquartered in Melbourne and with a long-term AA- credit rating, Australia and New Zealand Banking Group Limited (ANZ) has a banking heritage spanning more than 180 years in Australia and New Zealand and an established on the ground presence in 15 Asian markets.

As clients look to capitalise on the movement of money and goods across Asia Pacific, they find in us a strong banking partner who can help them manoeuvre the rapidly changing business and regulatory landscape, while effectively managing liquidity, risk and investments.

We connect clients to opportunities centred around trade and capital flows into and within Asia Pacific.

BARCLAYSBarclays’ dedicated Corporate Banking Funds Team operates globally and provides an extensive range of fund banking solutions, including subscription line and hybrid debt facilities, cash management, trade finance and foreign exchange.

Relationship Directors based in the UK, US and Asia provide creative solutions and excellent service to our Fund clients, and work closely with our Investment Banking, Markets, Offshore Banking and Wealth teams to ensure a comprehensive offering. With access to dedicated specialists, focused on the Funds market, we deliver the expertise you need.

To find out how Barclays can support your business visit barclays.com/corporatebanking

COMMONWEALTH BANK OF AUSTRALIAThe Commonwealth Bank is Australia’s leading financial institution, with total assets of more than $A975 billion (as at 30 June 2018). The Group is ranked by Standard & Poor’s as the 10th largest bank in the world by market capitalisation (Bloomberg, as at February 2018).

Institutional Banking & Markets provides relationship management and product capability for the Bank’s Corporate, Government and Institutional clients. The Bank offers a range of solutions – from Core Transactional Banking to Debt, Equity and Financial Markets Risk Management Products and Services.

With a deep knowledge of the Australian financial environment along with the Bank’s global presence and extensive experience in the markets, we offer clients a unique set of solutions that caters to a wide range of business needs.

The Commonwealth Bank is headquartered in Sydney, Australia and has a global presence throughout Asia, North America, the United Kingdom, and New Zealand.

GOLDSPONSORS

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DEBEVOISE & PLIMPTON LLPDebevoise & Plimpton LLP is a premier law firm with market-leading practices, a global perspective and strong New York roots. Our Private Equity practice is a cornerstone of the firm’s Corporate Department, representing a diverse client base of private equity firms and investment funds, advising them on all aspects of their business. We have extensive experience in all facets of fund-level financing transactions and regularly represent our fund clients in this capacity. Our financing lawyers work closely with our fund formation, tax and ERISA lawyers on fund financing transactions. We take a business-oriented approach to develop and implement the best solutions for our sponsor clients and their investors. The breadth of our experience is a direct result of our clients’ bespoke and diverse structures and financing needs, and the depth of our expertise is a direct result of our highly satisfied and loyal client base that rely on us for their fund financing transactions.

INGING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. The purpose of ING Bank is empowering people to stay a step ahead in life and in business. ING Bank’s 53,000 employees offer retail and wholesale banking services to customers in over 40 countries.

ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).

Sustainability forms an integral part of ING’s strategy, evidenced by ING’s ranking as a leader in the banks industry group by Sustainalytics. ING Group shares are included in the FTSE4Good Index and in the Dow Jones Sustainability Index (Europe and World), where ING is also among the leaders in the banks industry group.

LLOYDS BANKLloyds Bank is a leading finance provider across the Financial Sponsors market with a long term track record of supporting clients through the economic cycle. We offer expertise in debt & capital markets, foreign exchange & treasury risk management and innovative liability & transactional banking solutions.

Our highly experienced teams, based in both London and New York, have extensive insights into the funding requirements of our clients across private market asset classes, whether at the fund level or with the companies, projects and assets that they manage.

lloydsbank.com/financialinstitutions

Lending is subject to status.

Lloyds Bank plc Registered Office: 25 Gresham Street, London EC2V 7HN. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under Registration Number 119278.

Website: http://www.lloydsbank.com/commercialbanking

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MACFARLANES LLPFrom our base in London, Macfarlanes advises many of the world’s leading businesses and business leaders, from multinational companies to high-net-worth individuals. We are recognised for the quality of our work, dealing with the full range of corporate and commercial matters.

Our highly-rated fund finance practice has extensive experience in advising banks, alternative lenders and investment fund managers across a wide range of mainstream and alternative asset classes, including private equity, credit, hedge funds and real estate.

Given the international nature of many fund structures, fund finance transactions are typically multi-jurisdictional, and we have close links with leading fund lawyers in Europe, Asia, the US and all other jurisdictions commonly involved in fund structuring. By working closely with other leading independent law firms and lawyers, carefully selected in relevant jurisdictions, we provide a seamless, top-class service, wherever and whenever our clients need it.

MORGAN STANLEYMorgan Stanley has earned a worldwide reputation for excellence in financial advice and market execution. With offices in more than 41 countries, the people of Morgan Stanley are dedicated to providing our clients the finest thinking, products and services to help them achieve even their most challenging goals.

MOURANTWe advise on all aspects of fund financing, including subscription lines, asset-backed facilities and hybrid arrangements. Incorporating experts from our private funds, regulatory and restructuring teams, our market-leading practice supports clients throughout the fund finance lifecycle.

We are a leading offshore law firm with expertise in Cayman Islands, British Virgin Islands, Jersey and Guernsey law. Through Mourant Governance Services we deliver a complementary range of fiduciary and governance services.

MUFGMitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups, has total assets of $326.5 billion at September 30, 2018. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with over 1,800 locations in more than 50 countries. The Group has over 150,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.

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NATIONAL AUSTRALIA BANK LIMITEDNational Australia Bank (NAB) is one of Australia’s largest banks and manages relationships with retail, corporate and financial institutions globally, with on-the-ground presence in Australia, New Zealand, Asia, the UK and the US.

NAB maintains Aa3 and AA- credit ratings and our global operations serve over 12 million banking and wealth management clients, providing access to international financial markets and an extensive range of specialised funding, liquidity, investment, asset services and risk management capabilities.

NAB has been operational in the UK for over 150 years. Our European operations are primarily focused on supporting global institutions with business, trade and investment activity linked to Australia and New Zealand.

Our London based teams provide full relationship services, originating and executing complex product solutions with specific sector emphasis on infrastructure and utilities, natural resources and financial institutions. NAB is an active agent for subscription financing and credit facilities for private and publicly listed funds. NAB is also a worldwide leader in AUD and NZD rates and FX solutions and a leading global bank in cross border US Private Placement solutions.

NATIXISNatixis is the international corporate and investment banking, asset management, insurance and financial services arm of Groupe BPCE, the 2nd-largest banking group in France through its two retail banking networks, Banque Populaire and Caisse d’Epargne.

With more than 18,000 employees, Natixis has a number of areas of expertise that are organized into four main business lines: Asset & Wealth Management, Corporate & Investment Banking, Insurance and Specialized Financial Services.

A global player, Natixis has its own client base of companies, financial institutions and institutional investors as well as the client base of individuals, professionals and small and medium-size businesses of Groupe BPCE’s banking networks.

PROSKAUER ROSE LLPProskauer’s Finance Group focuses on a wide range of transactions across the debt markets. Our lawyers have remarkable breadth of expertise in acquisition finance, leveraged lending, fund finance, workouts and restructurings, investment grade and commercial lending, structured products, and specialty financings.

Proskauer is a leading law firm with 725+ lawyers serving clients from 13 offices located in financial and business centers in the Americas, Europe and Asia. The world’s leading companies and corporations choose us to represent them in their most critical situations. But more, they consider Proskauer a strategic partner to drive their business forward. We work with asset managers, major sports leagues, Fortune 500 companies, entertainment industry legends and other industry-redefining organizations and individuals.

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ARTHUR COXArthur Cox is one of Ireland’s leading law firms. For almost 100 years, we have been at the forefront of developments in the legal profession in Ireland. Our reputation is founded on proven professional skills, a thorough understanding of our clients’ requirements with an emphasis on sound judgment and a practical approach to solving complex legal and commercial issues. Our commitment goes further than simply responding to today’s issues. We partner with our clients in preparing to meet what lies ahead - both the challenges and the opportunities.

BANK OF AMERICA MERRILL LYNCHBank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 66 million consumer and small business clients with approximately 4,300 retail financial centers, including approximately 1,800 lending centers, 2,200 Merrill Edge investment centers and 1,500 business centers; approximately 16,300 ATMs; and award-winning digital banking with more than 36 million active users, including over 26 million mobile users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries.

CITI PRIVATE BANKCiti Private Bank is one of the longest-established providers of strategic advice, global access and liquidity for private equity principals and their funds. The subscription credit finance practice is a core product offering of Citi’s Private Bank. As part of Citi’s Institutional Clients Group, we use our extensive global network to provide an institutional service. Globally, Citi Private Bank has over 50 specialists focused on marketing, origination, execution, risk management and day-to-day portfolio management of the subscription credit finance business (of which more than 10 cover Europe). Since 1999 Citi Private Bank has executed over 500 transactions in over 18 countries across the globe.

As a leading global bank, Citi does business in more than 160 countries and jurisdictions, providing consumers, corporations, governments and institutions with a broad range of financial services and products. We strive to create the best outcomes for our clients and customers with financial ingenuity that leads to solutions that are simple, creative and responsible.

SILVERSPONSORS

HARNEYSHarneys is a global offshore law firm with entrepreneurial thinking built around professionalism, personal service and rapid response. Open, progressive and personable, we provide advice on British Virgin Islands, Cayman Islands, Cyprus, Bermuda and Anguilla law to an international client base which includes the world’s top law firms, financial institutions, investment funds and private individuals. Our network is the largest among offshore law firms with more than 12 locations in major financial centres across Europe, Asia, the Americas and the Caribbean, allowing us to provide reliable and timely service of the highest quality to clients in their own languages and time zones.

MAPLES GROUPThe Maples Group, through its leading international legal services firms, advises global financial, institutional, business and private clients on the laws of the British Virgin Islands (“BVI”), the Cayman Islands, Ireland, Jersey and Luxembourg, and is an independent provider of fiduciary, fund services, regulatory and compliance, and entity formation and management services. Combining the Maples Group’s leading finance and investment funds capability, the Group’s Fund Finance team has widespread experience in advising on all aspects of fund finance and related security structures for both lenders and borrowers. The Maples Group distinguishes itself with a client-focused approach, providing solutions tailored to their specific needs. Its global network of lawyers and industry professionals are strategically located in the Americas, Europe, Asia and the Middle East to ensure that clients gain immediate access to expert advice and bespoke support, within convenient time zones. For more information, please visit: maples.com.

RBS INTERNATIONALRBS International provide banking services to the alternative investment funds industry, building long-term, collaborative partnerships with fund managers and administrators, investment advisors and other service providers. We take a consultative approach, applying sector insight to tailor solutions to your needs. The strategic and executional capabilities of our people are complemented by eQ, our smart, multicurrency banking platform.

ROPES & GRAYRopes & Gray is a pre-eminent global law firm with more than 1,300 lawyers and legal professionals serving clients in major centers of business, finance, technology and government. The firm has offices in New York, Boston, Washington, D.C., Chicago, San Francisco, Silicon Valley, London, Hong Kong, Shanghai, Tokyo and Seoul, and has consistently been recognized for its leading practices in many areas, including private equity, M&A, finance, investment management, hedge funds, real estate, tax, antitrust, life sciences, health care, intellectual property, litigation & enforcement, privacy & cybersecurity and business restructuring.

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SCOTIABANKScotiabank is Canada’s international bank and a leading financial services provider in the Americas. We are dedicated to helping our 25 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

Scotiabank is a leading provider of financial products and services to Financial Institution clients globally. It offers a full range of investment banking, corporate banking, and capital markets products to its Financial Institution clients, while working closely with partners across divisions to provide a coordinated approach across products and geographies. Subscription finance is a strategic product within Scotiabank’s fund finance platform, which also includes traditional lending, prime services, repurchase agreements, total return swaps and conduit finance.

With a team of more than 97,000 employees and assets of $998 billion (as at October 31, 2018), Scotiabank trades on the Toronto (TSX: BNS) and New York Exchanges (NYSE: BNS). For more information, please visit http://gbm.scotiabank.com.

SIMMONS & SIMMONSOur market leading global funds finance practice advises financial institutions, alternative lenders, funds and sponsors in a wide range of financings involving different fund asset classes. As the Financial Institutions and Asset Management/Investment Funds sectors are key areas of focus for our firm, our international financial markets practice comprises more than 200 lawyers worldwide. We have leading lawyers in the areas of funds finance, formation, regulatory, derivatives and tax, both in London and internationally through our network of offices across Europe, the Middle East, Africa and Asia and with relationship firms in other jurisdictions. Our experience covers a wide range of funds, including debt, infrastructure, renewable energy, real estate, trade, large buyout and mid-market funds, private equity funds, venture funds, fund of funds and emerging market funds.

WALKERSWalkers is a leading international law firm providing legal, corporate, compliance, and fiduciary services to financial institutions, investment fund managers, capital markets participants and global corporations.

Walkers was among the first offshore firms to work on equity fund subscription credit transactions and hedge fund financing platforms, for both lender and borrower clients, providing expertise which is unmatched by our competitors.

Such global strength and presence has enabled us to spearhead our clients’ continuing expansion into the Asian and European markets. We have been at the forefront of the development of the fund finance market in those regions, working closely with leading financial institutions, investment managers and law firms.

The fund finance team works closely with the Walkers’ top-tier fund formation practice providing for an in-depth understanding of the structures used by investment managers and the legal and commercial issues relevant to fund finance providers. Our clients include agents, banks, alternative lenders and investment fund managers including private equity, credit, real estate and hedge funds.

Our global teams have acted on complex and innovative fund financing solutions including equity bridge facilities, subscription and acquisition financings, capital call facilities as well as traditional products such as repo financing, synthetic borrowings and more esoteric products including NAV based margin loans and fund linked derivative solutions.

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BNP PARIBAS SECURITIES SERVICESBNP Paribas is a leading bank in Europe with an international reach. It has a presence in 72 countries, with more than 202,000 employees, of which more than 154,000 are in Europe.

The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors.

BNP Paribas provides a wide range of fund level financing solutions (subscription lines and bespoke financing products including asset-backed facilities) to financial sponsors and multi-asset class managers. The bank ranks amongst the top players in EMEA.

BURNESS PAULLBurness Paull is a premier commercial law firm advising clients doing business in Scotland, the UK and internationally.

Our market-leading funds practice has over 20 funds experts specialising in fund formation, fund investments and fund finance. We are the go-to firm for all leading City funds practices, and premier teams in the US & Europe for advice on Scottish limited partnerships in private funds.

Our successful fund finance practice is led by Andrew Christie who is recognised in the City and international fund finance markets as an expert, regularly advising on debt and security structures, often in the context of complex cross-border transactions.

INTERTRUSTIntertrust is a global leader in providing expert administrative services to clients operating and investing in the international business environment with more than 2,500 employees across 41 offices and 29 jurisdictions in Europe, the Americas, Asia Pacific and the Middle East. We have leading market positions in selected key financial markets, including the United Kingdom, Netherlands, Luxembourg and the Americas. We deliver high quality, tailored corporate, fund, capital market and private wealth services to our clients, with a view of building long-term relationships. We work with global law firms and accountancy firms, multinational corporations, financial institutions, fund managers, high net worth individuals and family offices.

MACQUARIE GROUPMacquarie Group Limited (Macquarie) is a diversified financial group providing clients with asset management and finance, banking, advisory and risk and capital solutions across debt, equity and commodities. Founded in 1969, Macquarie employs 15,715 people in 30 markets. At 31 March 2019, Macquarie had assets under management of £305.8 billion.

For further information, visit www.macquarie.com

BRONZESPONSORS

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MATHESONEstablished in 1825 in Dublin, Ireland and with offices in Cork, London, New York, Palo Alto and San Francisco, more than 670 people work across Matheson’s six offices, including 95 partners and tax principals and over 440 legal and tax professionals. Matheson services the legal needs of internationally focused companies and financial institutions doing business in and from Ireland. Our clients include over half of the world’s 50 largest banks, 6 of the world’s 10 largest asset managers, 7 of the top 10 global technology brands and we have advised the majority of the Fortune 100.

Our Finance and Capital Markets team advises financial institutions and corporations involved in arranging and executing all forms of finance and capital markets transactions in Ireland.

MCDERMOTT WILL & EMERYMcDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. With 21locations on three continents, our team works seamlessly across practices, industries and geographies to deliver highly effective–and often unexpected–solutions that propel success. More than 1,100 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.

OGIER“Truly excellent”, “responsive and efficient”, “in a nutshell they get the job done” – that’s what the leading directories have to say about Ogier’s top ranked cross-jurisdictional finance team. With offices in BVI, Cayman, Guernsey, Hong Kong, Jersey, London and Luxembourg, Ogier’s team has years of specialist expertise in fund finance, and we work with 21 of the 25 biggest global law firms.

We have a long track record in all aspects of fund financing including structuring, security requirements, quasi-equity and mezzanine financing – and it’s not for nothing that our finance teams in Guernsey and Jersey are rated in the top tier by both Chambers and Legal 500.

Above all, our approach is both commercial and long-term. Our relationships in this specialist field have been built over many years of providing a responsive and expert service across the leading offshore jurisdictions, getting straight to the point and managing complexity for our clients.

SJL JIMENEZ LUNZSJL Jimenez Lunz is a Luxembourg high-end independent business law firm renowned for its savoir faire and reliability with a strong expertise and track record, among others, in Banking & Finance and Fund Finance.

SJL’s teams act both on the side of leading financial institutions and for private equity funds, real estate funds, infrastructure and green and sustainable investment funds.

SJL provides the highest level of legal services in complex cross-border transactions related to all types of funds’ dedicated products, such as capital call facilities and subscription-line facilities, NAV facilities, umbrella facilities.

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STATE STREET BANK AND TRUST COMPANYState Street helps you identify opportunities and mitigate challenges, allowing your company to be more effective and resilient. Our global reach, market expertise and unique combination of consistency and innovation to help you manage uncertainty, act on growth opportunities, optimize cost structures and enhance the value of your services.

We offer a flexible suite of services that spans the investment spectrum, including investment management, investment research and trading, and investment servicing.

For more information, visit www.statestreet.com.

STEPHENSON HARWOOD LLPOur work with banks and financial institutions is central to our practice. When Stephenson Harwood was founded in 1875 one of our first clients was the Hong Kong and Shanghai Banking Corporation. This relationship still holds true today. Although our firm and finance practice has grown substantially from our beginnings our work with financial institutions remains a key focus of the firm.

We regularly advise funds, leading banks (including investment, central, development, clearing, retail, EXIM and boutique banks), asset and wealth managers, intermediaries and pensions providers advising on the full range of financial, commercial, corporate and regulatory matters.

VALIDUSValidus is a leading independent financial services firm, providing market risk management, fund finance advisory and technology solutions to the alternative investment industry. Our clients have more than $2 trillion in combined assets under management.

For the past ten years our core expertise has been to deliver effective and efficient risk management solutions for alternative investment firms, mitigating exposures such as foreign currency or interest rates. Our award winning service also includes turnkey solutions to the operational challenge of implementing, managing and monitoring hedging programmes, through dedicated resources and proprietary technology.

We also provide expert advice and resources to sponsors seeking to establish, refinance and re-negotiate fund finance facilities. Our unique position in the industry enables us to help clients navigate and benchmark the market, design and evaluate optimal structures, and negotiate terms to best meet their requirements.

WESTPAC BANKING CORPORATIONAt Westpac Institutional Bank, we pride ourselves on the strength and longevity of our relationships. In fact, Westpac believe the strength of our relationships is a key driver in enabling our customers to achieve long term success and growth. Our dedicated team has deep experience in supporting those alternative asset managers who are active in our core Australasian markets across a range of asset classes.

Contact: stuartbrown@westpac.com.au

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MEET OURSPEAKERS

AMANDA AMBROSECVC Credit Partners Investment Management Limited

Ms. Ambrose is Head of Legal for Europe at CVC Credit Partners in London. Prior to joining CVC, Ms. Ambrose worked at BlackRock in the Private Funds and Transactions group in both the New York and London offices as Director and Senior Legal Counsel. Prior to BlackRock, Ms. Ambrose was as an Associate at Skadden, Arps, Slate, Meagher & Flom LLP in New York. Ms. Ambrose has a B.A. from Columbia University and a J.D. from Vanderbilt University Law School.

KATE ANDREWSCarey Olsen

Kate advises on a broad range of finance transactions and has significant fund finance experience acting for both borrowers and lenders.

In addition to her fund finance practice, Kate has over 20 years’ experience specialising in complex acquisition finance transactions including advising on the Jersey elements of private placements and high yield bond issuances. Kate also advises on financial restructurings.

Kate joined Carey Olsen in 2013. She previously worked in London, initially with a magic circle firm and then with a top tier US firm.

AHLEM BEN GUEBLIACredit Agricole CIB

Ahlem has been with Credit Agricole for more than 14 years and has been with the London based International Trade and Transactional Banking team since 2006.

Since July 2016, she is the Senior Originator in charge of the Fund Finance business in the UK. Prior to this, she has played a major role in ensuring that the London team maintain their position as one of the leading banks involved in Export Finance (UKEF supported credits) and Trade finance with her involvement in both originating and structuring the same.

In addition to this Ahlem is an active board member of the Women in Fund Finance.

Ahlem holds a Masters in International Trade from the University of Paris 1, Pantheon-Sorbonne.

CHARLES BISCHOFFTravers Smith

Charles is a partner at Travers Smith where he co-heads the fund finance team. He specialises in fund finance, specialty finance, corporate lending and general banking matters acting for a range of financial institutions, private equity sponsors, investors and borrowers. His clients include RBS, Shawbrook, Citi, HSBC, Macquarie, Lloyds, Investec, Silicon Valley Bank and Raiffeisen Bank.

Charles is recommended by The Legal 500 UK, 2019 for his work in Acquisition Finance and Bank Lending. He is noted as a recognised practitioner by Chambers UK, 2019 and is a key member of the highly ranked sponsor, lender and borrower facing teams at Travers Smith.

He is a regular speaker at the Fund Finance Association Symposium, having presented at the inaugural London event in October 2015 and in New York in March 2017.

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RORY BUCKClarion Gramercy

Mr. Buck is Senior Director of European Investments. Prior to Clarion Gramercy, he worked in the investment team at the UK opportunistic real estate fund manager Brockton Capital where he split his time between acquisitions and asset management activities. Before Brockton, Mr. Buck worked as an investment professional for Doughty Hanson Real Estate (DHRE), the pan-European opportunistic real estate investor. Mr. Buck started his career in the Real Estate Gaming and Leisure (REGAL) corporate finance team at Deutsche Bank AG. Mr. Buck has a BA from the University of Pennsylvania.

KATHRYN CECILFried, Frank, Harris, Shriver & Jacobson LLP

Kathryn Cecil is a partner in the Finance Practice at Fried, Frank, Harris, Shriver & Jacobson LLP, resident in their London office. She joined Fried Frank in 2019 having previously worked at a large international law firm. Her practice primarily focuses on fund financing and leveraged finance.

Ms. Cecil advises private equity sponsors, investment banks, funds and public and private companies on a wide range of domestic and cross-border finance transactions across all levels of the capital structure. Her work includes structuring, negotiating, documenting and executing complex financings, both cashflow-based and asset-based facilities, with a particular focus on fund subscription facilities, NAV and hybrid facilities, and other types of investment fund leverage. Kathryn also advises on leveraged and acquisition financings, mid-market and direct lending leveraged transactions and financial and debt restructurings.

Ms. Cecil previously worked on secondment at Goldman Sachs, RBS and Société Generale.

GEORGE CHERRYCiti Private Bank

George has been at Citi for over 14 years and has worked on arranging some of the largest syndicated facilities in the European subscription facility market. Prior to leading the EMEA Subscription Finance business, he was responsible for general asset backed lending across a number of different asset classes including commercial real estate, art, aircraft and marketable securities. George started his Citi career in New York structuring corporate loan facilities for law firms. George has a first class honours degree from Manchester University.

JEREMY CROSSCadwalader, Wickersham & Taft LLP

Jeremy Cross is a vastly experienced funds finance lawyer and has been active in the U.K. funds finance market (acting for both lenders and funds) for over 14 years.

During that time he has worked with most of the major lenders in the market, including Royal Bank of Scotland, Lloyds Banking Group, Barclays Bank, Wells Fargo, Bank of America, National Australia Bank, CACEIS and CBA along with a number of other banks, non-bank financial institutions and funds. In addition to his “UK” experience Jeremy has also worked frequently on “US” funds financing structures and documentation.

Chambers UK lists Jeremy as a leader in the field of Banking & Finance, described as “a highly intelligent and commercial figure.” Legal 500 has recommended the “very commercial [Jeremy Cross].” He is also recommended in Bank Lending, noted as “very commercial and has the ability to explain in simple language often difficult concepts.” Jeremy was included among the “Hot 100”’ Lawyers by The Lawyer in 2013.

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PAUL CUNNINGHAMHelios Investment Partners

Mr Cunningham has overall responsibility for all matters relating to accounting, financial control, taxation, fund administration and reporting and regulatory compliance for the Helios group entities. An experienced private equity finance and administration executive with 32 years in the industry, he served as Chief Financial Officer and Chief Operating Officer for Barclays Private Equity (“BPE”) for six years prior to joining Helios in May 2008, and previously as Director, Head of Finance & Product Control Projects at Barclays Capital. His responsibilities included the reporting and administration of various managed funds as well as internal reporting / administration for BPE’s proprietary business. Mr Cunningham is Chairman of the International Private Equity and Venture Capital Valuation Guidelines (“IPEV”) Board. Prior to joining Barclays, he worked within the finance functions of various major investment banks, including Deutsche Bank and Credit Suisse, since qualifying as a Chartered Accountant with Ernst & Whinney in 1989. He graduated with a BS (Hons) in Mathematics from Imperial College.

ROBERT DUGGANMourant

Robert is the Managing Partner of Mourant’s London office and specialise in all areas of corporate, banking and finance work. He has established corporate finance and financial regulatory practices, and regularly advises on the establishment and operation of investment funds in the Cayman Islands. Before joining Mourant Ozannes, Robert worked at Walkers and at Slaughter and May in London. Legal 500 UK, 2015, recommends Robert and describes him as ‘commercial, bright and unfailingly courteous’.

KEVIN EARLYAres

Mr. Early is a Partner and European CFO in the Ares Finance, Accounting and Operations Department. Prior to joining Ares in 2012, Mr. Early was a Senior Vice President in Finance at Nielsen Holdings. Previously, Mr. Early held a variety of tax and finance leadership roles at GE Capital Corporation. Mr. Early holds a B.S., magna cum laude, from Marquette University in Accounting.

CHRISTOPHER ELVINPreqin

Christopher Elvin joined Preqin in 2006, and is currently head of Preqin’s private equity products and responsible for Preqin’s market leading online products and solutions. Having spent many years in senior positions across the sales team, he is now in charge of defining Preqin’s strategic direction in the private equity industry, both through innovations to Preqin’s online products as well as through Preqin’s research and communications strategy in this space.

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NIGEL EVANSUnited Kingdom Parliment

First elected as Member of Parliament for the Ribble Valley in 1992, Nigel Evans currently holds a majority of over 13,000.

Nigel is currently the Vice-Chair of the International Trade Committee and is a member of the International Development Committee, where his role is to scrutinise the work of DfID and the Department for International Trade.

In addition to this, Nigel is the Vice-Chair of the British Group of the Inter-Parliamentary Union; a parliamentary organisation which fosters bilateral relations between parliaments across the globe. Heis also the Co-Chair of the UK-Taiwan Friendship Group in parliament.

In addition he is co-secretary of the influential 1922 Back Bench Committee and heavily involved in the process and over-seeing the Parliamentary Party protocols of the election of the new Prime Minister.

Nigel acted as parliamentary coordinator of the ‘Vote Leave’ campaign during the 2016 EU Referendum.

RUSSELL EVANSNational Australia Bank Limited

Russell is Head of the Client Coverage team responsible for National Australia Bank’s financial institution clients in Europe. His role includes structuring and delivering liquidity and risk management solutions for private capital sponsors across all asset classes including subscription finance, asset- backed and hybrid facilities. Russell has over 12 years of experience across all aspects of the fund financing spectrum, including the structuring and implementation of complex bilateral and syndicated debt facilities, capital markets solutions, structured deposits, derivative sales and portfolio risk management solutions. Prior to joining National Australia Bank in 2010 he spent 10 years at Lloyds Bank covering Financial Institution clients including financial sponsors in both the private equity and real estate sectors. His earlier career was focused on project finance across infrastructure and mining projects. Russell holds a Master of Science degree from the University of Leicester and a Batchelor of Science degree from the University of Southampton.

CASSIE FISHERLloyds Bank

Cassie started her career at RBS, working within the Financial Institutions relationship management team covering private equity funds and brokers. She then went on to work in the structured finance team at RBS structuring leverage and bridge facilities for these clients. Cassie has spent the last 6 years at Lloyds focussing on Financial Sponsors, structuring and executing subscription facilities and leverage facilities covering all asset classes but specialising in secondary funds and infrastructure funds, building relationships with some of the largest global players.

RICHARD FLETCHERMacfarlanes LLP

Richard is a partner in the finance team at Macfarlanes and advises financial institutions and corporates on a range of financing matters. He has a particular focus on fund finance, specialty finance and structured finance.

Richard has extensive fund finance experience across multiple fund strategies (such as private equity, real estate and credit funds) and advises on leverage and NAV facilities, investor call bridge facilities, equity bridge facilities and hybrid facilities.

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JAMES FOXAppleby

James Fox is a partner within the Corporate department in Jersey. He has 20 years’ experience of corporate legal work in Jersey and the UK. James has wide ranging expertise in fund formation and in fund finance acting for both borrowers and lenders. His fund finance practice has covered capital call/equity bridge facilities as well as asset backed and leveraged finance facilities. He has also advised venture debt funds in both their formation and ongoing lending work. He has an extensive knowledge of the legal and regulatory regime in Jersey. He takes a commercial approach to delivering legal advice and solving legal issues for clients. James has contributed to a number of publications. He also regularly speaks at conferences and seminars as well as providing tailored training to clients.

RON FRANKLINProskauer Rose LLP

Ron D. Franklin is co-head of the Firm’s Global Finance Group and leads the Fund Finance practice. He is widely regarded as a leading transactional lawyer who has successfully leveraged his in-depth business acumen to build an active practice focused on finance and corporate matters.

Ron advises clients across a broad spectrum of finance issues, including secured and unsecured lending transactions, fund financings, domestic and cross-border acquisition financings, project financings, workouts, restructurings and general banking concerns. He also counsels corporate clients regarding stock and asset acquisitions, contract negotiations, and general corporate matters.

BEN GRIFFITHSMUFG

In October 2017 Ben joined MUFG Investor Services as Global Head of Fund Financing, based in London. He leads the fund financing team globally focusing on the financing needs of clients. This includes originating and structuring solutions for funds of hedge funds via credit facilities and private equity, real estate, debt and infrastructure funds via subscription lines of credit, and FX lines for feeder funds of hedge funds.

Before joining MUFG Investor Services Ben was Managing Director and CEO of Citco Financial Products, managing all aspects of the CFP FCA regulated business covering Front Office, Operations, IT, Risk and Legal whilst driving the development of the business both internally within Citco and externally with clients and funding providers. Prior to becoming CEO, Ben was Head of Front Office globally for Citco Financial Products encompassing structuring, sales & marketing and relationship management for credit facilities, FX execution and hedging calculation to hedge fund investor clients (Fund of Funds, Family Offices & Institutional), building out of new business lines within Citco including lending and Passive FX Hedging Calculation services.

Ben has over fifteen years experience in the Banking & Finance industry developing sales, marketing and structuring across a wide range of products.

Prior to Citco, Ben worked on the Fund Linked Products desks of Bank of America and Societe Generale.

AMIRA HAJILINatixis

Amira Hajili heads the European Fund Financing: Equity Bridge and Hybrid Financing business at Natixis. Prior to joining the Global Structured Credit and Solution Group at Natixis, she worked in Debt Solution Group at Natixis covering Structured Finance Solutions. She has also an academic background as a Professor Associated in the CNAM-Art et Métier and before at the University of Paris 2 Pantheon Assas.

Amira Hajili, is a PhD on Quantitative Finance.

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THOMAS HALLETTBarclays

Tom joined Barclays in 2007, initially working within the Asset and Sales Finance division, performing a number of roles across front and middle office functions. In 2010, he moved to the Non-Bank Financial Institutions Team as a supporting relationship manager to a portfolio of Hedge Fund and Asset Manager clients, providing predominantly cash management and liquidity solutions. Since 2014, Tom has provide banking coverage to Private Equity Funds and Sponsors spanning all asset classes, with particular focus on structuring and executing Subscription Credit Facilities for mid to large closed-end funds.

TIM HAMESBVCA

Tim Hames has been Director General of the British Private Equity and Venture Capital Association (BVCA) since May 2013. He was previously Deputy CEO and Director of Policy at the organisation. His first career was as an academic at Oxford University where he was a Lecturer in Politics, having previously been an undergraduate and graduate student at the university. He specialised In American Government and also taught British Government and Politics. He has almost thirty publications in various books and scholarly journals on American and British public policy. In 1996 he became a journalist at The Times where he was ultimately the chief editorial writer, a political columnist, an Assistant Editor and edited the newspaper as a whole on numerous occasions. In 2009-2010 he was the first Special Adviser to the Speaker of the House of Commons and responsible for pursuing a wide-ranging programme of parliamentary reform. He came to the BVCA as then Head of Public Affairs, Communications and Campaigns in July 2010. Tim is an Honorary Visiting Fellow of De Montfort University and a Fellow of the Institute of Travel and Tourism.

The BVCA has approximately 500 members evenly divided between practitioners and advisory firms. It is responsible for the representation of the private equity and venture capital sectors to ministers, their shadows, other parliamentarians, officials, regulators, the media, other members of the business community, other stakeholders and society at large. It has extensive public policy, research and communications networks and activities. It works very closely with the EVCA and has ties to more than 25 other equivalent trade associations throughout the world. It also seeks to have deep roots in the whole of the British business community and not just London. It currently employs just over thirty full-time staff, evenly divided between membership services and external advocacy.

TERRY HATTONMUFG

Terry Hatton is a Senior Vice President in and Manager of the Fund Finance Group for Union Bank in New York. Union Bank’s fund client base includes real estate, mezzanine, infrastructure, energy, private equity and venture capital. The bank has built an established track record, providing fund sponsors with competitive lending products, inclusive of subscription and bridge capital call facilities; senior and asset based debt financing for general industries, as well as health care, environmental, and aerospace and defense. Union Bank also provides junior capital, mezzanine debt and non-control equity through our affiliate, UnionBanCal Equities, Inc. Terry has a bachelor’s degree from University of Western Ontario.

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ALICE HILLSONBlueBay Asset Management LLP

Alice Hillson is Senior Legal Counsel at BlueBay Asset Management LLP in the Transaction Legal team. Alice covers strategies including Convertible Bonds, High Yield/Leverage Finance, Private Debt, Special Situations and Structured Finance investments and products. Alice works primarily with the Private Debt team on cross border leverage finance deals, refinancings, restructurings and fund financings.

Prior to joining BlueBay Asset Management in in May 2017, Alice trained, qualified and worked for over three years for Clifford Chance in both their London and Amsterdam offices and worked for three years in the London offices of Weil, Gotshal & Manges (including a secondment to the Goldman Sachs Merchant Banking team), where she advised on leverage, corporate and asset backed financings, restructurings, refinancings and other large multi-jurisdictional transactions.

Alice holds a Law (LLB (Hons)) degree from the University of Leeds and is a qualified Solicitor in England and Wales.

KATE HOEYUnited Kingdom Parliment

Kate Hoey has been the Labour Member of Parliament for Vauxhall in London since a by-election in 1989. Born in Northern Ireland she worked in Education and was the education adviser to Arsenal Football Club before her election.

After serving as a Minister in the Home Office in the Blair Labour Government she was appointed the first female Sports Minister in the UK.

An independent minded MP kate campaigned for the UK to leave the European Union.

BRONWEN JONESReed Smith

Bronwen is a partner at Reed Smith in London, a member of the Reed Smith Financial Industry Group and co-heads their Funds Financing Team in London. She acts for banks and other financial institutions, sponsors, general partners and fund managers on a range of fund finance matters including capital call facilities, NAV and asset backed facilities, hybrid facilities and general partner/co-investment facilities.

SALLY LITTLEING

Sally is a Director of ING’s Investment Industry Finance Group (IIF) with teams in London, Luxembourg, New York and Singapore. IIF form part of ING’s Financial Institutions Group and their clients are listed funds managed by large institutional asset management firms, and unlisted private equity, debt, real estate and infrastructure funds managed by leading financial sponsors. IIF are responsible for the origination and execution of lending transactions across multiple jurisdictions as well as the portfolio management of existing facilities.

Sally joined ING in 2006, working in London with an assignment to New York in 2011. She has completed further education through the Open University.

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MATTHEW MAGUIREPark Square Capital LLP

Matthew is Head of Business Strategy and Reporting at Park Square Capital, a leading private debt manager with over $10bn AUM, providing senior debt, subordinated debt and mid-market direct loans to companies in Europe and the US. Prior to joining Park Square in early 2016, Matthew spent two years as Finance Business Partner at the Children’s Investment Fund Foundation providing financial and technical advice on investments and strategy to the Executive team and Board, and five years in the Assurance team at PwC. Matthew graduated with BSc Hons in Geography from Loughborough University and is a qualified Chartered Accountant.

JOHN MANNUnited Kingdom Parliment

John Mann MP was first elected as Labour Member of the UK Parliament for Bassetlaw in June 2001.

The campaigns and the issues that he has raised in Parliament are in direct response to concerns that have been raised by Bassetlaw residents. This has led to John running high profile campaigns for example, on consumer debt and heroin and treatment for addiction. He has run successful campaigns to keep his local hospital open, and more recently highlighted the problems surrounding sexual harassment and assault in Parliament.

Before entering Parliament, he worked for the Amalgamated Union of Engineering Workers (AEEU), the TUC and TULO. He is a former Chair of Labour Students and just prior to his election he was involved in running the family business.

John was re-elected to the highly influential Treasury Select Committee in September 2017 and currentlyChairs the Treasury Sub-Committee. In a previous period on the committee, he led the campaign for more transparency in the consumer credit industry. John has also been Parliamentary Private Secretary to Minister for the Olympics Tessa Jowell, and for Richard Caborn, then Minister for Sport.

Since 2005, he has been Chair of the All- Party Parliamentary Group Against Antisemitism, supported by the Antisemitism Policy Trust. John has commissioned two major All-Party Inquiries into Antisemitism and a further inquiry into Electoral Conduct. In 2010, he Chaired the Football Association’s Task Force on antisemitism and Islamophobia in football. In May 2009, John received the American Jewish Committee’s (AJC’s) Jan Karski Award in recognition of his commitment and work in fighting antisemitism. In 2008, John established the Inter-Parliamentary Coalition for Combating Antisemitism (ICCA) which he now Chairs.

PHILIPPE MAXDentons

Philippe Max is a finance partner in Dentons Paris office. He works on domestic and international banking and finance transactions. He is specialised in structured finance, cross border finance and acquisition finance with a strong focus on fund financing facilities (acting for both borrowers and lenders). He is also a lecturer (chargé d’enseignement) at University Paris XII in banking and finance law.

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TINA MEIGHMaples Group

Tina is a partner in the Cayman Islands office of Maples Group and is head of the firm’s fund finance group there. She specialises in fund finance transactions and has extensive experience in all aspects of fund finance, banking, derivatives and securitisations. She represents hedge funds, private equity funds and large bank syndicates on lending transactions, bank products, deal structures and on all types of secured transactions. Tina advises a large number of international associations and financial institutions on derivatives and issues surrounding related collateral packages in the context of insolvency in the Cayman Islands. She also has significant experience of general corporate and commercial matters and the establishment of offshore investment funds.

Tina joined Maples Group in 2005 and was elected as a partner in 2012. She previously worked for Lovells LLP where she completed a secondment to Citibank. Tina has been recommended in Legal 500 and Who’s Who Legal.

KIM NGUYENCommonwealth Bank of Australia

Kim joined CBA in 2009 and manages CBA’s European Funds business. Her primary focus is origination and execution of fund finance transactions, hedging solutions and co-ordination of the Bank’s broader relationships with Financial Sponsor clients across the spectrum of alternative asset classes. Kim holds a BSc in Business majoring in Accounting and Banking.

KEITH PICKARDInfraRed Capital Partners

Keith joined InfraRed in 2007.

Keith is currently responsible for managing the financial activities of HICL Infrastructure PLC, fund manager for the Yield Fund and portfolio management across InfraRed’s various infrastructure funds. His work includes fund management, transaction structuring, portfolio valuation, portfolio enhancement, investor meetings and financial reporting, as well as an involvement in capital raising.

Before joining InfraRed he was at John Laing plc for 5 years, latterly as portfolio director esponsible for acquisitions and portfolio management, serving on the investment committee. Keith has a background in corporate finance and project finance, with over 20 years’ experience in infrastructure investments, which has included structuring new projects, restructurings, refinancings, acquisitions, disposals and asset management.

Keith has qualified as a chartered accountant at PwC and graduated with a first class honours BSc in mathematics from Durham University.

THOMAS RAPPWells Fargo

Thomas Rapp is a Managing Director in Wells Fargo’s Asset Backed Finance unit in London where he focusing on origination and structuring of Fund Finance Facilities in Europe.

The Subscription Finance Group focuses on providing liquidity and fund-level leverage to Private Equity funds across a number of strategies (including buyout, real estate, energy, infrastructure, secondaries, debt strategies and transportation) and jurisdictions (UK, Luxembourg and Channel Islands).

Before joining Wells Fargo as part of the acquisition of WestLB’s platform, Thomas was an Executive Director at WestLB’s London Fund Finance team where he structured Subscription Finance facilities since 2008. Prior to this, Thomas was a Senior Risk Officer for Leveraged Finance and Media/Entertainment and Telecom Structured Finance in WestLB’s New York branch for 4 years. He previously held various positions at WestLB in Germany and started his career with a 2-year Traineeship at Deutsche Bank. Thomas received a Diplom Kaufmann degree in Economics from the University of Kiel (Germany).

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EMMA RUSSELLHaynes and Boone, LLP

Emma Russell is a partner and head of the Finance Practice Group in the London office of Haynes and Boone. Emma is an experienced loan finance lawyer with extensive knowledge in global fund finance, real estate finance transactions, and structured and specialty finance, as well as more general experience in acquisition, leverage, and general corporate finance.

Her practice focuses on the full range of fund lending products across all fund sectors, (including private equity, real estate, secondaries, infrastructure, and hedge) from capital call facilities, hybrid/NAV facilities, to general partner support, co-invest facilities and portfolio acquisition facilities and assisting funds with structuring. Emma has significant experience advising credit funds and their lenders in relation to leverage facilities to CLO’s/CDO’s and securitisation vehicles.

Emma’s experience also includes advising both lenders and funds on private equity, receivables financing, asset based lending, speciality finance, real estate fund structuring, and acting for both lenders and sponsors in relation to investment and development real estate finance and leverage restructurings.

Emma has spent significant time working in-house with various financial institutions during her career. She has gained varied experiences with both business and legal teams across all lending sectors.

Emma co-chairs the European Committee of Women in Fund Finance, a group associated with the Fund Finance Association, which is focused on recognition and promotion of women leaders within the alternative investment fund finance industry.

CRAIG RYDQUISTVärde Partners

Craig Rydqvist is Global Head of Capital Markets, maintaining relationships with lenders and providing debt advisory and execution support globally. Based in London, he joined the firm in 2014 to establish the Capital Markets function.

Prior to joining Värde, Craig ran Structured Finance Origination and Structuring for the U.K. at the Royal Bank of Scotland where he established the bank and capital markets financing for SAV Credit/NewDay, a Värde investment. Prior to RBS, Craig worked in the Emerging Markets business of Barclays Capital and he began his career training as a Chartered Accountant in the Financial Sector practice at KPMG in London.

Craig graduated from the Masters in Finance Programme (MSc) at London Business School. He also holds a First Class undergraduate degree in Business and Management Studies (BSc) from the University of Bradford. Craig is a Chartered Accountant (ACA) with the Institute of Chartered Accountants in England and Wales.

DANIEL SCHORERMacquarie Asset Management

Daniel joined Macquarie Asset Management in April 2016. Daniel completed his training contract at Clifford Chance and qualified as a solicitor into their Private Funds department, where he remained for four years. His role at Clifford Chance included advising investment managers and investors on the establishment and offering of private funds, co-investment arrangements and separate accounts. Since joining Macquarie, Daniel has worked in the legal team of Macquarie Asset Management, providing legal support to the Macquarie Investment Management and Macquarie Infrastructure Debt Investment Solutions businesses. His area of expertise includes fundraising, fund structuring and distribution.

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JAMES SCOTT-WILLIAMSCrescent Capital Group LP

James joined Crescent in 2012 and is a member of the European direct lending investment team with a particular focus on the UK mid-market. He is responsible for the origination, structuring and execution of private debt investments across the capital structure in private equity sponsor-backed companies. In addition, he is responsible for the fund financing for the European funds. Prior to joining Crescent, he worked in the Corporate Structured Finance team at RBS.

HUW SHAKESHAFTTransAtlantica Partners Limited

Huw is a founding partner of TransAtlantica Partners, a relationship driven boutique corporate and political advisory company.

A former world championship athlete and University of London graduate he has more than 35 years of multi-disciplines within global international finance. Starting out in pre big bang in London Huw has lived, worked and spent significant time in many of the world’s major financial centres, including London, Tokyo, New York, Hong Kong, Singapore and Los Angeles developing expertise in a diverse range of areas including asset management, film and entertainment finance and business start ups and strategies.

Based on his expertise in the underlying structural flaws within the Euro Zone and the catastrophic road ahead for the EU post Brexit, has ensured he is a staunch advocate of the UK leaving the EU in short order.

THOMAS SMITHDebevoise & Plimpton LLP

Thomas Smith is a partner in the Finance Group at Debevoise. Recommended by The Legal 500 UK and IFLR1000, Tom has extensive experience representing sponsors globally in fund-level financing transactions across private equity, credit, infrastructure, real estate and other investment funds. Tom has particular knowledge of capital call facilities, NAV and hybrid facilities, SMA and management company liquidity facilities.

The Debevoise funds finance practice acts for sponsors across the European, US, Asian and African markets. Tom also acts for borrowers, sponsors, funds and financial institutions on a wide range of financing transactions, including complex acquisition and leveraged finance transactions, at all levels of the capital structure.

Mr. Smith has recently published articles such as “Side letters: Pitfalls and perils for a financing,” Global Legal Insights: Fund Finance (March, 2019); “What You Need To Know About Sub Lines For SMAs,” Private Debt Investor (August, 2018); and “Mega-Funds and Their Mega-Financings,” Private Equity International (February, 2018).

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VICTORIA STEWARTPartners Group AG

Victoria Stewart is part of the Partners Group Structuring business unit, based in Zug, Switzerland. She has been with Partners Group since 2011 and has 16 years of industry experience. Prior to joining Partners Group, she worked at Burness LLP (now Burness Paull LLP). She holds a bachelor’s degree in law, a master’s degree in management and a postgraduate diploma in legal practice from the University of Aberdeen, UK and a master’s degree in international business law from the University of St Gallen, Switzerland. She is also admitted as a solicitor in Scotland and as a solicitor of the Senior Courts of England and Wales and is a registered notary public in Scotland.

Partners Group is a global private markets investment manager, serving over 850 institutional investors. It has USD 83 billion in assets under management and more than 1,200 professionals across 20 offices worldwide. Partners Group realizes potential in private markets by financing and developing great companies, desirable real estate and essential infrastructure. Partners Group create value in its investments through active and long-term responsible ownership.

PAUL TANNENBAUMMayer Brown LLP

Paul Tannenbaum is a partner in the Banking & Finance practice of the London office. He has extensive experience acting for banks, financial institutions, real estate funds, private equity funds, debt funds and infrastructure funds on fund financing transactions. Paul’s fund finance experience includes a wide range of transactions including traditional subscription lines, hybrid and NAV facilities, GP and manager support facilities, loans to separate accounts and fund of fund financings. Paul’s practice also includes acquisition and leveraged finance.

STEPHEN THOMASColler Capital

Stephen is Co-Head of Finance at Coller Capital, a leading Secondaries Private Equity firm, based in the Firm’s London office and his responsibilities include negotiating and structuring financing facilities for all active Coller funds as well as their wider treasury requirements.

Stephen is an FCA Chartered Accountant. Prior to joining Coller Capital in 2010, Stephen trained at Deloitte in London before spending 18 months with KPMG in the Cayman Islands.

Stephen holds an undergraduate degree in History and Politics from the University of Warwick.

MARY TOUCHSTONESimpson Thacher & Bartlett LLP

Mary Touchstone is a Partner and Head of the Fund Finance Practice at Simpson Thacher & Bartlett LLP. Mary has helped to establish Simpson Thacher as a global leader in the representation of financial sponsors in fund financings. She is widely acknowledged as a leading lawyer in the subscription credit facility market and represents many of the world’s preeminent sponsors of private equity, real estate, energy, infrastructure, debt and other investment funds on the largest and most complex fund facilities.

Mary and her team regularly work on a wide variety of fund level financings, including secured and unsecured subscription (or capital call) facilities, with borrowing capacity for the fund as well as its parallel funds, alternative investment vehicles and portfolio companies.

Mary serves as Vice Chairman, and member of the Board, of the Fund Finance Association and as a member of the Board of Women in Fund Finance.

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SHANI UNANTENNEANZ

Shani (re)joined ANZ in 2014 and has responsibility for managing the banks relationships with European Alternative Asset Managers. This includes provision of fund financing facilities and hedging solutions, as well as supporting her clients broader requirements across the Asia Pacific region.

Shani has 18 years banking experience, focussed primarily on Financial Institutions across Relationship Management, Equity Capital Markets, Strategy and Risk Analysis. She joined ANZ from Lloyds Bank’s Financial Institutions team and prior to Lloyds, was based in Australia working for ANZ.

OLIVIER VERMEULENPaul Hastings (Europe) LLP

Olivier Vermeulen is Office Chair of Paul Hastings Paris office and head of its Banking & Finance department.

Olivier Vermeulen has extensive experience in leveraged financing (senior, mezzanine, unirate/unitranche, 1st Loss/2nd Loss, 2nd lien, SSRCF, US TLB…), fund financing (Equity Bridge financing, GP financing, NAV/Hybrid financing…), structured finance (securitization), debt restructuring, and Islamic finance.

Olivier Vermeulen advises both sponsors and borrowers (private equity and infrastructure funds as well as large corporates) as well as financial institutions (senior lenders, debt funds).

DAVID WASSERMANMorgan Stanley

David Wasserman is Managing Director and Heads the Subscription Secured Finance business for Morgan Stanley. Mr. Wasserman’s department is responsible for the origination, structuring, syndication and servicing of Subscription Facilities to Private Equity Funds across all alternative asset classes.

Previously, Dave worked at SMBC for 14 years and was the Global Head of Subscription Finance. At SMBC he had lent to real estate, infrastructure & energy, buyout, and credit funds with operations in Asia, Australia, Europe, and the Americas. Mr. Wasserman has been previously with Bank of America and PwC.

David has a B.S. in Applied Mathematical Economics from SUNY Oswego and a MBA and Masters of Quantitative Finance from Rutgers University.

ANDREW WEBEROrchard Global Asset Management LLP

Mr. Weber joined OGAM in its London office in 2012 as a principal and Head of Structuring. His primary responsibilities are transaction origination and structuring, and oversight of the firm’s European operations. Prior to joining OGAM, Mr. Weber had his own consulting business between 2011 and 2012, advising the Administrators of MF Global UK Limited (in special administration) and certain creditors of Lehman Brothers Finance S.A. From 2008 to 2011, Mr. Weber headed the European Capital Markets and Derivatives unwind team for Lehman Brothers Holdings Inc. Prior to that, he was a Managing Director at Lehman Brothers in London. From 2004 to 2007, Mr. Weber was a Managing Director at RBS, where he built the firm’s global fund derivatives business. Mr. Weber started his career at JPMorgan as one of the original members of the firm’s structured credit business. He holds a BA (Hons) from Colby College in Economics and Mathematics, an MBA from the University of Pennsylvania’s Wharton School and an MSc in Agricultural Economics from the University of London. Mr. Weber is a CFA Charterholder and a Member of the Board of Visitors at Colby College.

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NICOLA WHERITYClifford Chance LLP

Nicola has been a Partner at Clifford Chance since 2003 specialising in fund finance work including capital call bridge, NAV and hybrid financings, acting for both financiers and borrowers. She spent four years in the firm’s Hong Kong office from 1995 to 1998. Nicola also undertakes a wide variety of UK and cross-border finance work and is the lead partner for the Loan Market Association in London drafting many of their standard form documents.

NICK WONGAshurst LLP

Nick is a partner in the Banking & Finance department at Ashurst with over 15 years of experience in both London and Hong Kong. Nick specialises in fund finance transactions, acting for both banks and sponsors on a wide range of different products including subscription/capital call facilities, hybrid facilities, single investor facilities and net asset value facilities for a variety of fund types, including private equity funds, infrastructure funds, real estate funds and credit funds.

Nick regularly advises some of the most experienced participants in the market as well as new entrants. His recent experience includes advising international lenders on some of the largest fund financing transactions in the European market as well as advising emerging markets based lenders on bespoke single investor financings.

Nick is noted as a Recognised Practitioner for Chambers & Partners and a Recommended Practitioner by Legal 500.

ALEX WOODCOCKMourant

Alex is a Partner in Mourant’s Cayman Islands Corporate and Finance practice and specialises in banking and finance work.

She frequently advises many of the world’s leading finance institutions and private fund sponsors on the structuring and execution of finance transactions involving secured lending to Cayman Islands companies, partnerships and unit trusts (including hedge funds and private equity funds). She has extensive experience on fund finance matters.

Before joining Mourant, Alex was Partner at another offshore law firm in the Cayman Islands for 12 years. Prior to moving offshore, she worked at Bingham McCutchen LLP in London.

VASSILIYAN ZANEVLoyens & Loeff

Vassiliyan Zanev is a Partner in the Banking & Finance Department of Loyens & Loeff Luxembourg and he leads the global fund finance practice. He represents a variety of financial institutions, investment funds and corporations across a range of structured finance and lending transactions, with particular emphasis on fund finance, securitisation, debt issuances and real estate finance.

Vassiliyan has extensive experience in the financing of Luxembourg alternative or regulated investment fund borrowers (including by way of capital call subscription credit facilities, bridge facilities and permanent leverage solutions).

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Board Members

Jeff JohnstonChairmanManaging DirectorWells Fargo Securities, LLCjeff.johnston@wellsfargo.com+1 704 410 2452

Tina MeighVice ChairmanPartner and Head of Fund Finance PracticeMaples GroupTina.Meigh@maples.com+1 345 814 5242

Mike MasciaSecretaryPartnerCadwalader, Wickersham & TaftMichael.Mascia@cwt.com+1 704 348 5160

Mary TouchstoneVice ChairmanHead of Fund Finance PracticeSimpson Thacher & Bartlett LLPmtouchstone@stblaw.com +1 212 455 2549

Nick MitraFirst Vice ChairmanManaging DirectorNatixisnick.mitra@natixis.com+1 212 891 6218

Terry HattonTreasurerManaging Director and Group Head, Fund Finance GroupMUFG Union Bank, N.A.terence.hatton@unionbank.com +1 646 452 2113

Jeff Maier Vice ChairmanManaging DirectorFirst Republic Bankjmaier@firstrepublic.com +1 212 259 5042

Content Committee

ApplebyANZAshurst LLPBarclaysCACEIS and Crédit Agricole CIBCadwalader, Wickersham & Taft LLPCarey OlsenClifford Chance LLPCommonwealth Bank of AustraliaDebevoise & Plimpton LLP

DentonsFried, Frank, Harris, Shriver & JacobsonHaynes and Boone, LLPINGLloyds BankLoyens & LoeffMacfarlanes LLPMayer Brown LLPMorgan StanleyMourant

MUFGNational Australia Bank LimitedNatixisPaul Hastings (Europe) LLPProskauer Rose LLPReed SmithSimpson Thacher & Bartlett LLPSMBCTravers SmithWells Fargo

FFA LEADERSHIP

Marketing Committee

Award Committee

Michelle BolingbrokeHarneys

Robert DugganMourant

Jeff JohnstonWells Fargo

Jeff MaierFirst Republic

Nick MitraNatixis

Danielle RomanMourant

Emma RussellHaynes and Boone

Dee Dee SklarWells Fargo

Mary TouchstoneSimpson Thacher & Bartlett LLP

Omar ChaudharyGoldman Sachs

Dee Dee SklarWells Fargo

Laurie LawlerSociete Generale

Jan Sysel,Fried, Frank, Harris, Shriver & Jacobson

David WassermanMorgan Stanley

Robert DugganCo-ChairMourant

Emma RussellCo-ChairHaynes and Boone, LLP

www.fundfinanceassociation.com info@fundfinanceassociation.com

The Fund Finance Association (FFA) is a non-profit industry association in the fund finance market, co-located in New York, New York and Charlotte, North Carolina.

Our core mission is to;

• Educate members, legislators, regulators, and other constituencies about the fund finance market and related capital markets through conferences and other events.

• Build the broadest consensus among members on policy, legal, regulatory and other matters affecting or potentially affecting the fund finance market and related capital markets.

• Advocate on behalf of the fund finance industry with respect to policy, legal, regulatory and other matters affecting or potentially affecting the fund finance market and related capital markets.

General Session, Track A & Track BThe Grand Ballroom & The Empire Room

Lunch & Breaks & ReceptionThe Ballroom & The Drawing Room

Registration The Ballroom Hall

Speaker Lounge The Champagne Room

Jeff Maier Vice ChairmanManaging DirectorFirst Republic Bankjmaier@firstrepublic.com +1 212 259 5042