March 8, 2021

On-Demand starting at 12:00 p.m. EST
SFNet’s Capital Markets Boot Camp
Sponsored by Parker, Hudson Rainer & Dobbs LLP
This is the perfect precursor to the conference panels. First-time attendees (and those looking for a refresher) can join senior capital markets executives for this SFNet Foundation program in the basics of the syndicated asset-based market. Attendees will learn about each of the key concepts in the syndicated ABL market, including size and trends in the market, market capacity and a survey of the data available on the market.

With:
Barry Bobrow, Managing Director, Head of Loan Sales and Syndications, Wells Fargo Capital Finance
Andrea Bernard, Managing Director, Wells Fargo Capital Finance
Fred Bower, Executive Director, JPMorgan Chase Bank
Maria Dikeos, Global Head of Loans Contributions, Refinitiv 
Bobbi Acord Noland, Partner, Parker, Hudson, Rainer & Dobbs LLP
Stephen Szymanski, Director, Asset-Based Capital Markets Group, Bank of America Merrill Lynch

March 9, 2021

9:30 – 9:35 a.m.
Welcome Remarks and Intro
SFNet CEO Rich Gumbrecht and ABCC Conference Chair Barry Bobrow kick-off one of the most unique Asset-Based Capital Conferences we have ever held. It's a whole new ballgame!

9:35 – 10:35 a.m.
Economic & Political Outlook Panel
 Sponsored by TD Bank
To set the stage for the 2021 ABCC conference, we are pleased to present a panel discussion bringing together macro perspectives on economics, credit and geopolitics.

Moderator: Jeff Wacker, Head of US ABL Originations, TD Bank
Panelists: David Chmiel, Managing Director, Global Torchlight
David Mericle, Economist, Goldman Sachs
Lyuba Petrova, U.S. Head of Leveraged Finance, Fitch Ratings

10:35 – 10:55 a.m.
Roundtable Rooms
Following our session, join your colleagues (and panelists) for an extended Q&A and roundtable session.

10:35 – 10:55 a.m.
Networking Rooms
Hop into any of our Networking rooms and connect with your colleagues
• Encore Resort
• Caesars Palace
• The Cosmopolitan
• Bellagio
• The Sands
• The Flamingo
• SFNet Diversity, Equity and Inclusion Committee
• Women in Secured Finance Committee

10:55 – 11:50 a.m.
State of the M&A Market: The Real Economy, the Deal Economy, and What's Next
While many companies operating in the "Real Economy" on Main Street continue to face performance challenges and the lingering effects of Covid-19 on their business, the deal market has come back strong. Many dealmakers operating in the "Deal Economy" finished 2020 above expectations and have entered 2021 busier than ever. With valuations at or near record levels, how do we reconcile the status of the M&A market with conditions on the ground at the company level? What are the key drivers of deal volume? What is motivating sellers and what is the rationale of buyers? How do conditions differ by industry sector? Join our expert panel as we set the stage with proprietary data from Lincoln International's database of over 2,000 middle market companies, then explore these questions and what the panel believes is next for the M&A market.

Moderator: Robert Horak, Managing Director, Lincoln International
Panelists: Eric Bommer, Partner, Sentinel Capital Partners
Eric Malchow, Managing Director and President, Lincoln International North America
Emily Wildes, Managing Director, Lincoln International

11:50 a.m. – 12:05 p.m.
Roundtable Rooms
Following our session, join your colleagues (and panelists) for an extended Q&A and roundtable session.

11:50 a.m. – 12:05 p.m.
Networking Rooms
Hop into any of our Networking rooms and connect with your colleagues
• Encore Resort
• Caesars Palace
• The Cosmopolitan
• Bellagio
• The Sands
• The Flamingo
• SFNet Diversity, Equity and Inclusion Committee
• Women in Secured Finance Committee

12:05 – 12:50 p.m.
Break or Continued Networking
Open time-block to get caught up on work or catch up with colleagues in our Networking Rooms.

12:50 – 1:20 p.m.
Executive Insights Concurrent Sessions
Session 1 with JELD-WEN
John Linker, CFO of JELD-WEN will speak with Barry Bobrow of Wells Fargo regarding how the building products industry adapted and thrived during 2020.  JELD-WEN is the world's largest window and door manufacturer with $4.3 billion in revenue and operations in 20 countries.
Moderator: Barry Bobrow, Managing Director, Head of Loan Sales and Syndications, Wells Fargo Capital Finance
Speaker: John Linker, Executive Vice President & Chief Financial Officer, JELD-WEN

Session 2 with Performance Food Group
The food industry has seen some dramatic shifts in the past year as it adapted to changes in consumer behavior and the food supply chain caused by Covid-19. Join George Hearn, VP & Treasurer of Performance Food Group, one of largest food distribution companies in the US.

Moderator: Daniel Denton, Relationship Manager, Wells Fargo Capital Finance
Speaker: George Hearn, VP & Treasurer, Performance Food Group

1:20 -2:15 p.m.
Bankruptcy Panel
Sponsored by Gordon Brothers
What you need to know: a discussion of hot issues in relation to lenders, including:

  • Split sales/inventory
  • Steps you are taking in light of COVID
  • Litigation surrounding business interruption

Moderator: Cindi Giglio, Associate General Counsel, Gordon Brothers
Panelists: Julia Frost-Davies, Partner, Morgan Lewis
Mackenzie Shea, Managing Director, BRG
Andrew Thau, Senior Legal Analyst, Whitebox Advisors LLC

2:15 – 3:05 p.m.
Diversity in Funding - Providing Capital to Women- and Minority-Owned Businesses
Sponsored by Gerber Finance Inc.
Prominent players in the ABL and PE space, along with their clients, discuss the benefits of deploying capital to diverse businesses.

Moderator: Jennifer Palmer, CEO, Gerber Finance, Inc.
Panelists: Thomas Aronson, Managing Director & Partner, Monroe Capital
Nick Antoine, Co-Founder and Managing Partner, Red Arts Capital
Lee Henderson, Americas EY Private Leader; Executive Sponsor, EY Entrepreneurs Access Network, EY
Karen Pyonin, Chief Executive Officer, Benco Inc.

3:05 – 3:50 p.m.
Break or Continued Networking
Open time-block to get caught up on work or catch up with colleagues in our Networking Rooms.

3:50 – 4:40 p.m.
COVID-19 Panel
 As the leading respiratory hospital in the nation, National Jewish Health is at the forefront of the response to the COVID-19 pandemic. The institution is meeting the immediate and long-term needs of the nation through: mass-scale vaccine deployment; fast and innovative testing; new clinics for children and adults with suspected COVID-19 – and – for patients recovering from the virus; treatment for hospitalized patients, including 800 critical care beds in five western states, and, extensive research to better understand and innovate treatments for the virus.
The hospital is well known in the asset-based market for their highly successful fundraising event, the annual Financial Industries Dinner in New York, where numerous leaders from our industry participate and have been honored.

As part of the 2021 ABCC conference, we are pleased to have a presentation from several world-renowned physicians and scientists from National Jewish Health for an update on COVID-19 vaccines, treatment, research and what we can do to help protect our communities.

Moderator: Michael Scolaro, Managing Director, Head of Asset Based Lending
Panelists: Charles Daley, MD, Chief, Division of Mycobacterial and Respiratory Infections, National Jewish Health
Tasha Fingerlin, PhD, Professor, Vice Chair, Department of Immunology and Genomic Medicine, Director, Center for Genes, Environment and Health, National Jewish Health
Pamela Zeitlin, M.D., M. Phil., Ph.D., Professor of Pediatrics, Chair, Silverstein Family Department of Pediatrics, National Jewish Health

4:40 – 5:10 p.m.
Around the Horn Daily Recap
Catch up on all the action and highlights of the day "SportsCenter" style, and hear candid comments from our panel of experts.

Speakers: Adam Moss, National Marketing Manager, Bank of America Business Capital
Matt Downs, Managing Director, US Bank Asset Based Finance
Kara Goodwin, Managing Director, BMO Harris Bank

5:00 – 6:00 p.m.
Evening Networking Activities
Sponsored by Otterbourg P.C.

  • Rock and Roll Hall of Fame
    Stories of rock with the experts followed by an interactive trivia session. This segment will focus on one of Las Vegas's most famous residents: the King of Rock, Elvis Presley.
  • Tom Pesce Magic Show
    Get ready for an experience that is totally unique and absolutely unforgettable! Tom is a skilled performer with a fast-paced and highly-interactive magic show that brings you right into the action. Each live virtual show is designed to amaze, with very family-friendly, high-energy magic.

March 10, 2021

9:30 – 9:35 a.m.
Intro
Conference Chair Barry Bobrow lays out the groundwork for day 2 of our Live Online program.

9:35 – 10:35 a.m.
Keynote Speaker, Kevyn Orr
Sponsored by White Oak
Kevyn Orr, the Partner-in-Charge of Jones Day’s U.S. Offices Washington DC office, was appointed in 2013 by the then-Governor of Michigan to be the Emergency Manager of Detroit as it went through a financial restructuring. Building on that unique experience, Kevyn’s current practice focuses in part on other states and municipalities to address financial and restructuring issues. Kevyn will address the current environment for entities in this area, his client base, and the unique issues that arise in restructurings when they are in the public sector.

Speaker: Kevyn Orr, Partner-In-Charge, Jones Day

10:35 – 10:55 a.m.
 Roundtable Rooms
Following our session, join your colleagues (and our speaker) for an extended Q&A and roundtable session.

10:35 – 10:55 a.m.
Networking Rooms
Hop into any of our Networking rooms and connect with your colleagues
• Encore Resort
• Caesars Palace
• The Cosmopolitan
• Bellagio
• The Sands
• The Flamingo
• SFNet Diversity, Equity and Inclusion Committee
• Women in Secured Finance Committee

10:55 – 11:45 a.m.
The Current State of the EMEA M&A and ABL Markets  – an In-Depth Discussion from a Panel of International Lawyers, Advisors and Banks
M&A was not very prevalent in Europe for most of 2020, but it started to make a comeback in Q3/Q4. COVID created almost a full-drop of this activity, but it is having a strong rebound and there are high expectations that it will push past where it would be if COVID had not slowed its progress. Join our panel of experts in the lender, advisor and legal world as they examine if 2021 is the year that European M&A steps back up to the plate.

Moderator: Jeremy Harrison, Head of Sales UK, ABN AMRO Asset Based Finance
Panelists: Louise Harvey, Director, Deloitte
Sabrina Fox, Chief Executive Officer, European Leveraged Finance Association
Mike Roth, Director, Deutsche Bank
Teun Struycken, Partner, NautaDutilh

11:45 a.m. – 12:05 p.m.
Roundtable Rooms
Following our session, join your colleagues (and some of the panelists) for an extended Q&A and roundtable session.

11:45 a.m. – 12:05 p.m.
Networking Rooms
Hop into any of our Networking rooms and connect with your colleagues
• Encore Resort
• Caesars Palace
• The Cosmopolitan
• Bellagio
• The Sands
• The Flamingo
• SFNet Diversity, Equity and Inclusion Committee
• Women in Secured Finance Committee

12:05 – 12:50 p.m.
Break or Continued Networking
Open time-block to get caught up on work or catch up with colleagues in our Networking Rooms.

12:50 – 1:25 p.m.
Executive Insights Concurrent Sessions
Session 3 with National Retail Federation
The National Retail Federation is the world's largest retail trade association. Its members include department stores, specialty, discount, catalog, Internet, and independent retailers, chain restaurants, grocery stores, and multi-level marketing companies. David French, Sr. VP of Government Relations, will join Rich Gumbrecht in a discussion on the way forward for retail and what associations are doing to help their members.

Speaker: David French, SVP, Government Relations, National Retail Federation

Session 4 with JCPenney
Stanley Shashoua, Chief Investment Officer of Simon Properties and Interim CEO of JCPenney, will join Michael Murray, Managing Director at Wells Fargo, to discuss the recent acquisition of JCPenney and the future of one of the nation’s largest apparel and home retailers.

Moderator: Michael Murray, Managing Director, Junior Capital, Wells Fargo Capital Finance
Speaker: Stan Shashoua, CIO, Simon Property Group

1:20 -2:10 p.m.
Retail Panel
Sponsored by Hilco Global
Restructuring and where it is leading the industry. Based on what we've seen so far, can we look into the future and point to winners and losers?

Moderator: Ian Fredericks, President, Hilco Global Retail Group
Panelists: Robert Duffy, Managing Director, Berkeley Research Group
William Kearney, Managing Director, White Oak Commercial Finance
David Kurtz, Head of Global Restructuring, Lazard
Josh Sussberg, Partner, Kirkland & Ellis
Mark Twomey, Managing Director, Pathlight Capital LLC

2:10 – 2:15 p.m.
Break

2:15 – 3:05 p.m.
ABL Perspectives from Midsize Banks
Sponsored by CIT Commercial Finance
When it comes to asset-based lending, a number of strong midsize banks are vying with larger money-center lenders for opportunities and clients. In this panel, representatives from midsize and regional banks offer their views on the ABL market, how it will evolve in 2021 and how they differentiate themselves from their larger competitors. Panelists discuss what their institutions have to offer customers that sets them apart.

Moderator: Chris Esposito, Head of Asset Based Lending, CIT Commercial Finance
Panelists: Joe Kwasny, Managing Director, Business Development, Huntington Business Credit
Doug Motl, SVP, Director of Originations, UMB Capital Finance
Dave Viggiano, Business Leader ABL, Sterling National Bank

3:05 – 3:45 p.m.
Break or Continued Networking
Open time-block to get caught up on work or catch up with colleagues in our Networking Rooms.

3:45 – 4:40 p.m.
Independent Asset-Based Lender Panel
Sponsored by Wells Fargo Capital Finance
The non-bank finance company market experienced significant disruption due to Covid-19 but also found many new opportunities because of the impact of the virus on borrowers and on bank lenders. As we enter 2021 the sector is poised for significant growth. This panel, drawing from some of the largest players in this segment, will discuss their handling of the issues in 2020 and their plans for the future.

Moderator: David Koshenina, Head, Lender Finance, Wells Fargo Commercial Capital
Panelists: Martin Battaglia, CEO, Encina Business Credit
Mitch Drucker, Partner, Ares Management LLC
Brett Robinson, Managing Director - Portfolio Management and Operations, MidCap Financial
John Rosin, President & COO, Wingspire Capital

4:40 – 5:00 p.m.
Around the Horn Daily Recap
Catch up on all the action and highlights of the day and hear candid comments from our panel of experts.

Speakers: Cheryl Carner, Senior Managing Director and Head of Originations, SLR Credit Solutions
Christine Hutchinson, SVP, Wholesale Credit - Retail Finance Group, Bank of America Business Capital
Jaime Ward, Group Head - Retail Finance, Citizens Bank
Marjorie Crider, Partner, Morgan, Lewis & Bockius LLP

5:00 – 6:00 p.m.
Evening Networking Activities
Sponsored by Otterbourg P.C.

  • Dueling Pianos
    This comedy-based dueling piano show is all about the audience and always a fun, high-energy party-in-a-box! It’s a clap-a-long, sing-a-long, crazy fiesta interspersed with Name that Tune Trivia.
  • Mad Science
    Chemistry is cool. Our number one question from the children who see Mad Science is “Are you going to blow up something?”  Well, this is the show for them. Included in this exciting event will be such experiments as color changing water, the "Famous, Flaming Didgeridoo", the "Fantastic Flying Foam Factory" and the awesome “Swoosh, Whoosh, Ahhhh” experiment, Spectacular experiments spark the children's curiosity and highlight the very best of Mad Science.

March 11, 2021

 

9:30 – 9:35 a.m.
Intro
Conference Chair Barry Bobrow lays out the groundwork for the final day of our Live Online program.

9:35 – 10:35 a.m.
Private Equity Talk
Sponsored by The Lead Left
Warburg Pincus is a private partnership focused solely on private equity. With over $57 billion in assets under management, the firm has a 50+ year track of growth investing, building world class businesses around the globe. We are pleased to have Rob Buonanno, Managing Director of Capital Markets, participating in our 2021 ABCC conference. Rob will be interviewed by Randy Schwimmer, Head of Origination and Capital Markets at Churchill Asset Management and the Editor of The Lead Left, a leading weekly publication focused on private capital.

Moderator: Randy Schwimmer, Senior Head of Origination and Capital Markets, Churchill Asset Management

Speaker: Rob Buonanno, Managing Director, Capital Markets, Warburg Pincus

10:35 – 10:55 a.m.
Roundtable Rooms
Following our session, join your colleagues (and some of the panelists) for an extended Q&A and roundtable session.

10:35 – 10:55 a.m.
Networking Rooms
Hop into any of our Networking rooms and connect with your colleagues
• Encore Resort
• Caesars Palace
• The Cosmopolitan
• Bellagio
• The Sands
• The Flamingo
• SFNet Diversity, Equity and Inclusion Committee
• Women in Secured Finance Committee

10:55 – 11:50 a.m.
New Administration, New Advocacy
In the wake of the new administration this panel discussion will discuss the upcoming landscape for regulatory and legal changes that could impact our industry.

Moderator: Lon Goldstein, President, Goldstein Policy Solutions
Panelists: Maryam Cope, Director, Government Affairs, Semiconductor Industry Association
Elliot Ganz, Executive Vice President, General Counsel, LSTA
Andrew Fishburn, VP, Federal Government Relations, ELFA
Mike Lee, Senior Vice President & Head of Federal Government Relations, Government Relations and Public Policy, Wells Fargo & Company
Peter Phelan, Former Deputy Assistant Secretary for Capital Markets, U.S. Department of the Treasury

11:50 a.m. – 12:05 p.m.
Roundtable Rooms
Following our session, join your colleagues (and some of the panelists) for an extended Q&A and roundtable session.

11:50 a.m. – 12:05 p.m.
Networking Rooms
Hop into any of our Networking rooms and connect with your colleagues
• Encore Resort
• Caesars Palace
• The Cosmopolitan
• Bellagio
• The Sands
• The Flamingo
• SFNet Diversity, Equity and Inclusion Committee
• Women in Secured Finance Committee 

12:05 – 12:50 p.m.
Break or Continued Networking
Open time-block to get caught up on work or catch up with colleagues in our Networking Rooms.

12:50 – 1:40 p.m.
OCC Talk
Sponsored by Blank Rome LLP
The Office of the Comptroller of the Currency is the primary regulator for banks engaged in asset-based lending. We are pleased to be able to hear from a senior official of the OCC about their perspective on leveraged lending, bank performance during the Covid-19 pandemic, current views on the safety and soundness of the banking system, and the OCC's perspective on asset-based lending. A Q&A session will follow.

Moderator: Larry Flick, Partner, Blank Rome LLP
Speaker: Terri Barger, Credit Risk Specialist, Bank Supervision Policy, Office of the Comptroller of the Currency

1:40 -2:00 p.m.
Roundtable Rooms
Following our session, join your colleagues (and some of the panelists) for an extended Q&A and roundtable session.

1:40 -2:00 p.m.
Networking Rooms
Hop into any of our Networking rooms and connect with your colleagues
• Encore Resort
• Caesars Palace
• The Cosmopolitan
• Bellagio
• The Sands
• The Flamingo
• SFNet Diversity, Equity and Inclusion Committee
• Women in Secured Finance Committee

2:00 – 2:05 p.m.
Break

2:05 – 3:00 p.m.
Private Debt: Where We Are, How We Got Here and Where We Are Going
Our panel of direct lenders will discuss that state of the market, including:

  • Direct lending disruptions through COVID
  • Current direct lending landscape
  • Direct lending post-COVID outlook
Moderator: Chris Hebble, Managing Director, Houlihan Lokey
Panelists: Homyar Choksi, Partner, LBC Credit Partners
Doug Goodwillie, Managing Director, Kayne Anderson
Dan Lee, Partner, Comvest Credit Partners
Russell Parks, Managing Director, Guggenheim Partners

 

3:00 – 3:35 p.m.
Break or Continued Networking
Open time-block to get caught up on work or catch up with colleagues in our Networking Rooms.

3:35 – 4:40 p.m.
Capital Markets Panel
The capital markets went on a roller coaster ride during 2020 but, as we enter 2021 and start to look beyond the issues related to Covid-19, markets appear highly accommodative and ready for action. This panel will bring it all into focus and address lending opportunities for 2021 and beyond.

Moderator: Barry Bobrow, Managing Director, Head of Loan Sales and Syndications, Wells Fargo Capital Finance
Panelists:
Judith Fishlow-Minter, Managing Director, Co-Head Loan Capital Markets, RBC Capital Markets
Erica Frontiero, Managing Director - Head of Capital Markets, Carlyle Global Credit
Darryl Kuriger, Head of ABL Capital Markets, Bank of America
Lee Shaiman, Executive Director, LSTA
Jeremy Swan, Managing Principal - Financial Sponsors & Financial Services Industry, CohnReznick

4:40 – 5:00 p.m.
Around the Horn and Closing Remarks
Catch up on all the action and highlights of the day and hear candid comments from our panel of experts.

 

Speakers: Larry Klaff, Senior Managing Director, First Eagle Investment Management
David Morse, Partner, Otterbourg P.C.
Lindsay Offutt, Director, Wells Fargo Capital Finance