MEET OUR SPEAKERS

SAMMY ASOLI Lloyds Sammy Asoli is currently Director, Financial Sponsors, North America at . His experience includes the provision of structured fund financing facilities for , real estate, infrastructure, and private debt managers. Sammy also has oversight for the cross product coverage and portfolio management of the US Financial Sponsors portfolio. His experience includes loan structuring (, hybrid, and asset ), and marketing for core products including derivatives, global transaction banking, and asset level financing. Prior to joining Lloyds, Sammy worked at JP Morgan in Private Placements for the Alternative Capital Markets team. He has held positions at , , and across a variety of private equity, fund management, and strategic planning functions. He holds a graduate degree in Economic Policy and Management from and an undergraduate degree in Economics and International Business from College where he was awarded the 2007 Richard J Carey Medal in Economics.

CAROLINE BARTON Appleby Caroline is a partner within the Corporate department in Cayman and Group Head of Banking & Asset Finance, as well as Transport & Logistics. Her practice areas include private equity, asset finance, , offerings and structured finance. She is extensively involved in aircraft and vessel financing, subscription financing and CLOs. Caroline also has deep experience in capital markets, corporate restructuring and , especially working on the buyer side of transactions. Caroline was recognised by Who’s Who Legal in 2016 and 2017 with respect to Aircraft Finance, and acknowledged as a ´Rising Star´ in IFLR1000´s 2015 capital markets law rankings. She is a member of the Law Society, the Law Society of England and Wales, the Cayman Islands Labour Tribunal and the Caymanian Bar Association, and a notary public registered in the Cayman Islands.

MARK BENEDETTI Ardian USA Mark Benedetti is a member of Ardian’s Executive Committee and Co-Head of Ardian USA. Mark plays a leading role developing Ardian’s business in the North American region. Ardian Funds of Funds activity, which manages and/or advises US$39 billion of assets, offers its global client base a range of investment options, including primary fund of funds, secondary fund of funds and early secondary fund of funds, with an increasing capability to offer significant co-investment opportunities. Before joining Ardian in 2006, Mark worked at KPMG Corporate Finance where he focused on mergers, acquisitions and capital raising in the firm’s Advisor group. Prior to that, he was part of KPMG’s Assurance group. Mark began his career as a consultant to Bell Canada Enterprises (BCE). Mark has a Bachelor of Commerce with a Finance Major from McGill University in , Quebec, Canada. He is also a Chartered Accountant.

31 SCOTT BERG Real Estate Investing Oversee fund level and asset level financing for US real estate platform along with other funds within the Morgan Stanley platform.

JONATHAN BOCK Jonathan Bock is a Managing Director and Senior Equity Analyst at Wells Fargo Securities specializing in Business Development Companies (BDCs). He has actively followed the BDC space since 2006 and is the chief author of a leading BDC quarterly research publication: the BDC Scorecard. His research is often cited by The Journal, Barron’s, and other prominent financial publications. Prior to Wells Fargo, Jonathan followed the specialty finance space at Nicolaus & Company and A.G. Edwards Inc. Prior to entering sell-side research in 2006, Jonathan was an equity /analyst at Busey in Champaign, Illinois. Jonathan holds a BS in finance from the University of Illinois College of Business and is a CFA charterholder.

ELENA BOEVA Aflac Global Investments Ms. Boeva joined Aflac Global Investments in 2015 as the Head of Operational Due Diligence and is responsible for operational due diligence and onboarding of externally managed mandates across all asset classes. Previously, Ms. Boeva worked at Guggenheim Fund Solutions as a Vice President of Business . Her responsibilities included development of operational due diligence and counterparty risk management frameworks, project management of fund launches for Irish QIF, Cayman SPC and UCITS platforms and negotiation of investment management agreements with external managers. Prior to joining Guggenheim, Ms. Boeva worked at Ontario Teachers’ Pension Plan Board in the Operational Due Diligence group. She was responsible for developing best practices and executing the framework for the operational due diligence program across a broad spectrum of funds, private equity firms, fund of funds, managed account platform providers, fund administrators, valuation agents and various service providers. Previously, she worked at Towers Watson, Morgan Stanley and Ernst & Young. Ms. Boeva holds a Master of Science in Accountancy from Wake Forest University and a Bachelor of Arts in Business Administration and Economics from Salem College.

KEVIN BOLZ

32 TODD BUNDRANT Mayer Brown LLP Todd Bundrant is a partner in Mayer Brown’s Banking & Finance practice. He represents financial institutions, investment funds and corporate borrowers in a variety of secured and unsecured finance transactions. Todd has extensive experience representing both borrowers and lenders in transactions involving , private equity funds, funds and other alternative lenders seeking to expand and/or leverage their portfolios. These transactions include subscription-backed credit facilities, NAV facilities, hybrid credit facilities, repurchase facilities, bi-lateral loans and other acquisition financing arrangements. He also has a strong background representing major US and foreign as lead agent and arranger in syndicated credit facilities. Todd works on structures involving a variety of non-standard collateral, including private equity fund interests, interests, capital contribution obligations, management and incentive fee streams and asset-backed securities. His experience also includes representation of private equity sponsors, real estate investors and developers in a variety of commercial real estate transactions, including joint ventures, acquisitions and dispositions involving a broad range of assets such as retail centers, industrial parks, apartment complexes, condominiums, assisted living facilities and single family residential developments, and financings related to all of the above.

BARBARA BYRNE Barbara Moakler Byrne is one of the first women on Wall Street to be named a Managing Director and to achieve the position of Vice Chairman in an Investment Bank. She joined as a first year corporate finance associate in 1980 and was named Vice Chairman in 2005. Barbara retired from Barclays, which she joined in 2008, at year end 2017.

JENNIFER CHOI Institutional Limited Partners Association (ILPA) As Managing Director of Industry Affairs for the Institutional Limited Partners Association (ILPA), Jennifer Choi directs the association’s engagement with external industry stakeholders to inform and enhance ILPA’s education, research, membership and advocacy platforms. Ms. Choi also leads the implementation of ILPA’s responses to emerging issues impacting the asset class, including efforts to establish and promote industry best practices. Prior to joining the ILPA, Ms. Choi served as Vice President of Industry and External Affairs for the Emerging Markets Private Equity Association (EMPEA), where she led the association’s member and industry engagement activities, including efforts to encourage policy frameworks that support the growth of the asset class. As EMPEA’s Research Director, she built the industry’s first global database of private equity activity in the emerging markets. Previously, Ms. Choi was a consultant with -based Stax Inc., leading due diligence engagements and providing advisory services for the U.S. private equity and industry. Jennifer’s other consulting experience includes organizational development and strategy consulting for clients in the healthcare, and pharmaceutical sectors. Jennifer holds a Masters in Law and Diplomacy from the Fletcher School at Tufts University and a B.A. summa cum laude in Economics and Political Science from Augustana College.

33 AARON COHEN City Aaron Cohen is an executive vice president and manager of City National Bank’s Structured Finance unit. Mr. Cohen is responsible for the bank’s corporate banking, sponsor finance, cash-flow lending and syndicated credit activities, and is a member of the bank’s Executive Committee. Since he became manager of the Structured Finance unit in 2011, the business has grown to more than $2.5 billion in loans outstanding. Mr. Cohen began his banking career at City National Bank in 1996. He joined City National’s Structured Finance unit in 2004, became manager in 2011 and assumed his current position in 2016. Mr. Cohen earned a bachelor’s degree in economics from Emory University and a master’s degree in business administration from the UCLA Anderson School of Management. Active in the community, he is a mentor and serves as a board member of Jewish Big Brothers Big Sisters of , and is an advisory board member with the Los Angeles chapter of Facing History and Ourselves.

STEVEN COHEN CIBC Bank USA Steven Cohen is the Head of CIBC’s Non-Bank Finance business unit and is a member of the Bank’s Leadership Team. The business unit focuses exclusively on helping to build the Bank’s debt capital provider relationships with senior and junior, non-Bank leveraged lenders. The unit’s offering includes bridging Fund LP capital, providing Fund leverage, engaging transactionally on either a First-Out/Last- Out or split lien basis and cross-selling the Bank’s non-credit products and services. Mr. Cohen has over 30 years of experience in the financial services sector/Fund community and joined CIBC in 2007 (via its acquisition of the PrivateBank in 2017). Prior to joining CIBC (PrivateBank), he was a Senior Vice President & Division Head in LaSalle Bank’s Commercial Banking Group where he managed a team of middle market lenders, a portfolio of commercial accounts and responsible for new business development, including a focus on the equity and debt capital providing communities. Prior to joining LaSalle in 1987, Mr. Cohen was a Senior Credit Analyst for CNA Financial . Mr. Cohen earned his B.S. degree in Finance at the University of Illinois, Urbana-Champaign, and his MBA from DePaul University.

JEREMY CROSS Cadwalader, Wickersham & Taft LLP Jeremy Cross is a vastly experienced loan finance lawyer with particular experience in funds finance and real estate finance as well as more general experience in acquisition, leverage and general corporate finance. Jeremy acts for lenders, borrowers and sponsors on a wide range of domestic and international financing transactions. His clients include the Royal , Lloyds Banking Group, Barclays Bank, Wells Fargo and National Australia Bank along with a number of other banks, non bank financial institutions and funds. 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. He was awarded an Exhibition to and received his M.A. in Law from Cambridge University. Jeremy is admitted to practice in England and Wales.

34 TODD CUBBAGE Haynes & Boone, LLP Todd Cubbage has more than 20 years of experience in the financial services industry and more than 15 years of experience representing lenders and conduits in structuring, negotiating and documenting sophisticated lending arrangements. Since 2002, Todd’s legal practice has primarily focused on assisting lenders arrange multi-jurisdictional, subscription secured credit facilities with top- tier private equity and real estate funds, and, as a result, he has served as lead counsel on many of the largest domestic and cross-border subscription credit facilities. Todd is a member of Haynes and Boone’s global Finance Practice Group and, prior to his focus on subscription lending, he represented commercial banks and commercial paper conduits in connection with corporate and middle market loans, lease and transactions.

GUY DOMINY Maples Fiduciary Services Guy Dominy is Director, Business Development of the Maples group’s Fiduciary division for the Americas and brings extensive buy and sell side experience in the industry, including senior roles at private equity fund managers and fund administrators. Prior to joining Maples Fiduciary in 2017, Guy was the Managing Director and head of the US business development team at Capita Asset Services, responsible for US growth strategy, product development and sales of all divisional and group business lines. He also brings considerable advisory experience as a funds lawyer with major international law firms such as Freshfields and Latham & Watkins in and . Guy graduated from the University of Nottingham with a Joint Honours Bachelor of Arts degree in Law and German and completed the Legal Practice Course at Nottingham Law School. He’s a member of the Private Equity Lawyers Forum and the American Chamber of Commerce Business Roundtable Committee.

ROBIN DOUMAR Park Square Capital Robin Doumar is the Managing Partner and founder of Park Square Capital, LLP. Established in 2004, Park Square Capital, LLP, is one of Europe’s leading independent credit providers, currently managing approximately $9 billion. The firm operates across three strategies: large-sized , middle- market direct lending, and junior capital. Robin has 29 years of experience in the credit markets, and prior to founding Park Square spent 15 years at Goldman Sachs in and London. Robin received his AB from Brown University, and a JD and MBA from the University of Virginia.

ZIV EHRENFELD PSP Investments USA Mr. Ehrenfeld joined PSP Investments USA in August 2015 to develop Private Debt as the organization’s newest asset class. His primary focus in early days included business development, tax planning and building the team while committing to more than US$1.5 billion of investments. In his current role, Mr. Ehrenfeld heads the Energy investment team, leads the funds investment effort and oversees operations for the asset class. In addition, Mr. Ehrenfeld is a member of the firm’s global investment committee. Since the inception of the Private Debt asset class, the team has invested over CAD$6 billion in more than 45 transactions for both middle market and large cap companies. Prior to joining PSP Investments USA, Mr. Ehrenfeld was a Director in Leveraged Finance at Barclays, where he arranged leveraged loan and high-yield bond financings for sponsor and corporate clients. He had previously been a member of the Equity Capital Markets team at Lehman Brothers and then Barclays, focusing on the Power and Utilities sector. Mr. Ehrenfeld started his career practicing law at the law firm of Fischer Behar Chen Well Orion & Co. He holds an LL.B. Bachelor of Laws and a BA in Economics from Tel Aviv University and an MBA from Wharton. 35 CHRIS ELVIN Preqin Christopher Elvin is currently Head of Preqin’s Private Equity Products and responsible for Preqin’s market leading online products and solutions. He joined Preqin in 2006 as an analyst within the private equity research team, before spending six years as part of Preqin’s sales team in a number of senior roles, including Head of Business Development and Head of Global Accounts. 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 we as through Preqin’s research and communications strategy in this space.

DAN FALTA ANZ Dan heads up the Specialty Funds foreign exchange business for ANZ in New York. He is currently in his 12th year with ANZ and 9th year leading the markets team coverage of financial sponsors. Most markets business is fund level foreign exchange, however, periodically Dan has facilitated fund and asset level rates hedging. In his role, Dan works very closely with ANZ’s Financial Institutions Group and Credit Professionals with the objective of maximizing ANZ’s relationship across all bank products. Dan earned a BS in Management Information Systems from Rensselaer Polytechnic Institute (RPI), a Finance Certificate from ’s Stern School of Business (NYU Stern) and an MBA in Finance and Statistics from The Anderson School at the University of , LosAngeles (UCLA Anderson). After undergrad Dan worked 5 years for Andersen Consulting (now ) in their financial and strategic services consulting groups. After his studies at NYU & UCLA Dan started his markets career at Paribas (now BNP), followed by stints at AIG Financial Products and Bank. During his years with these banks, Dan’s primary focus was covering hedge funds, CTA’s andtraditional real money fund managers. Dan currently lives in Wilton, CT with his wife Camille and has 3 children – Chase, Remington and Tate.

RON FRANKLIN LLP Ron D. Franklin is a partner in the Corporate Department and co-head of the firm’s Finance Group. 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, domestic and cross-border acquisition financings, fund 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.

36 MONO GANGULI Commonwealth Bank of Australia Mono Ganguli leads Commonwealth Bank of Australia’s Global Markets coverage of clients. Based in New York, London, and the team has a leading capability of providing FX and risk management solutions to Funds as they seek to manage returns from global investment portfolios. Mono has been with CBA for 7 years covering various risk solutions/structuring roles, including being responsible for the Corporate Sales business in Asia. Prior to an FX Sales role at Goldman Sachs, Mono has had over 15 years of corporate treasury ‘buy side’ experience most recently with the Westfield Group where he was Assistant Treasurer.

SONIA GARDNER is President, Managing Partner and Co-Founder of Avenue Capital Group, a global alternative investment manager with over $9.7 billion in focused on distressed and undervalued debt and equity in the U.S., Europe, and Asia with in New York and 10 offices across the globe. Ms. Gardner is the Partner in charge of managing the firm, and distressed investing has been the focus of her professional career over the last 31 years. Ms. Gardner also co-founded Amroc Investments, L.P., a boutique distressed brokerage firm, where she was a Senior Portfolio Manager responsible for investing the partners’ capital. She was the recipient of the 100 Women in Finance 2008 Industry Leadership Award, and previously served as the Global Chair of the . She is currently a member of the Board of Trustees of The Mount Sinai Medical Center, the Client Advisory Board of Citi , and the board of BIGVISION, an organization focused on helping young adults recover from substance abuse. Ms. Gardner has served and will continue to serve on various other boards of advisors/directors of both for-profit and not-for-profit private companies. Ms. Gardner received a B.A. with Honors in Philosophy from Clark University (1983) and a J.D. from the Cardozo School of Law (1986).

MARK GILLES Comerica Mark Gilles manages the Equity Fund Services Group (EFS) at Comerica Bank. Based in Menlo Park, Boston and New York, Equity Fund Services provides depository and credit products to select Venture Capital and Private Equity firms throughout the and Canada. Mark’s background combines extensive banking experience with over 10 years of direct investing experience with Tangent Growth Fund L.P., a based private equity firm. That combination of experience gives Mark a unique perspective of how to bring value to private equity and venture capital relationships to help them be more successful. Under Mark’s direction EFS has adopted a holistic approach designed to build deep relationships with the client firm, its partners and its portfolio companies through greater access to Comerica’s key internal business partners. Mark has been active as a volunteer with youth sports, and Boy Scouts, and he has served in leadership positions of notable charitable and public benefit organizations including Hope Rehabilitation Services, Santa Clara, CA (Board President), Vista Center, Palo Alto, CA (Finance), and the Menlo Park City School District, (Bond Oversight Committee Chair). Mark lives in Menlo Park, California with his wife Mary who is a real estate agent. They have two children attending college.

37 PETER GILMAN Simpson Thacher & Bartlett LLP Recognized as one of the “Top 30 under 40” in private equity by Private Funds Management and a “Rising Star” by Law360 (one of only four in asset management), Peter’s practice focuses on the sponsoring and operation of private investment funds, investment management M&A and other aspects of private investing in alternative asset classes. Peter regularly represents the world’s leading private fund sponsors and alternative investment firms, including Blackstone, Silver Lake, BC Partners, Lexington Partners, Morgan Stanley, Oaktree, Alinda, Stonepeak and Centerbridge. Peter’s practice involves a wide range of alternative investment matters, including high-profile fund formation projects, “funds-of-one” and separate accounts for large investors, strategic acquisitions and sales of “minority stakes” involving alternative investment firms, joint ventures, internal GP arrangements, founder succession planning, employee investment programs and house/team arrangements, as well as other corporate transactions and strategic initiatives involving financial sponsors. Peter received his J.D. from the University of Virginia School of Law, and his B.A. Econ. and M.G.A. from the University of .

JONATHAN GILMOUR Travers Smith LLP Jonathan is a partner in the Finance Group of Travers Smith LLP. Specialising in derivatives and structured products from both a transactional and advisory standpoint, he is widely regarded by peers and clients as one of the leading specialists in his field, and as a champion of ‘buy-side’ interests in the UK derivatives market. He counts among his clients some of the UK’s largest and most sophisticated occupational pension schemes, investment managers, private equity houses and challenger banks. Jonathan also has considerable experience in leveraged finance and general banking matters.

BEN GRIFFITHS MUFG Investor Services 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 and Societe Generale.

38 TERENCE HATTON MUFG Terry Hatton is a Senior Vice President in and Manager of the Fund Finance Group for 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.

TIM HICKS Cadwalader, Wickersham & Taft LLP Tim’s practice focuses on fund finance, and he has significant experience negotiating and documenting subscription credit facilities made to multijurisdictional fund vehicles, including private equity, real estate, REIT, infrastructure and debt funds. He routinely serves as counsel to lenders and lead agents on bilateral and syndicated credit facilities with complex fund collateral structures, including subscription-secured credit facilities, net asset value secured credit facilities and secured credit facilities. Tim’s experience also encompasses working with fund-related borrowers on the negotiation of third-party investor documents with institutional, high net worth and sovereign wealth investors. He received his B.S. from Birmingham-Southern College, his M.S. in tax accounting from the University of and his J.D. from Samford University, where he was a member of the editorial board of the Cumberland Law Review.

JOCELYN A. HIRSCH Kirkland & Ellis LLP Jocelyn A. Hirsch, a partner at Kirkland & Ellis LLP whose practice focuses primarily on the representation of private equity sponsors and corporate borrowers in complex financing transactions, including leveraged , cross border facilities, asset based facilities and sponsor capital call/subscription facilities. Her experience in private equity spans sectors including real estate, energy, infrastructure, secondary and financial services funds with aggregate funds raised totaling tens of billions of dollars. Ms. Hirsch has worked with some of the largest, most diversified and prominent private fund sponsors, as well as middle- market firms. Ms. Hirsch received a J.D., from the University of Wisconsin Law School.

PAUL HOGAN Barclays Paul Hogan is a Director in Barclays’ Risk Solutions Group, focusing on Sponsor and Fund clients as well as cross-border M&A. The Risk Solutions Group is part of Barclays’ banking business providing risk management solutions to clients in both rates and foreign exchange markets. Paul works closely with clients to structure hedges at the fund level using a variety of currency derivatives. Paul’s team is also responsible for advising on any event-driven transactions where there is a FX component. Paul joined Barclays in 2009 after graduating from NYU’s Stern School of Business with a Bachelor of Science.

39 SAMANTHA HUTCHINSON Dentons Sam leads the Dentons global fund finance practice covering the UK, , Luxembourg, , Spain, Italy, North America and Canada. Sam advises on the full range of financing products across all asset classes and strategies. Sam has been advising lenders and funds on these types of products since the early 2000’s and year to date has advised on over 30 deals with a combined deal value of £10bn.

WALT JACKSON Onex Credit Partners Walt Jackson, Head of Direct Lending Platform and member of the Investment Committees, joined Onex in April 2016, after 18 years at Goldman Sachs. Mr. Jackson has 33 years of experience in the leveraged loan, high-yield and mezzanine markets. Prior to joining Onex, Mr. Jackson was Senior Credit Officer and Chief Operations Officer of the Private Credit Group in the Merchant Banking Division of Goldman Sachs and was on the investment sub-committees of Private Credit Group and GS Bank. From 1987 to 1997, he was involved in leveraged finance at the Bank of Nova Scotia and where he originated, structured and syndicated bank loans for leveraged buyouts, corporate M&A transactions and middle- market companies. He started his professional career at Ernst & Whinney in 1985 where he was involved in financial consulting for large and middle-market companies. Mr. Jackson earned an M.B.A. from Georgia State University and a B.S. from Bryan College.

STEVE JACOBY Clifford Chance LLP Jacoby co-heads the Luxembourg Banking, Finance and Capital Markets practice and handles acquisition finance, bank lending, securitisation, capital markets, regulatory, derivatives, general banking law (including litigation), corporate law and insolvency matters. He has a long-standing experience in the financing of Luxembourg investment funds including by way of capital call, NAV and hybrid facilities. He also advises on fintech matters (including in relation to the funds industry) and is a member of the Clifford Chance Global Tech Group. Steve is an associate lecturer (Chargé de Cours Associé) at the University of Luxembourg and a lecturer at the Luxembourg Bar School in banking, finance and capital markets law. He is a regular contributor to legal journals and a member of various advisory committees on financial law questions within Luxembourg public institutions and professional organisations.

KEN KENCEL Churchill Asset Management

40 SANDRA KIM-SUK L Catterton Ms. Kim-Suk is the CFO Americas of L Catterton. Prior to joining L Catterton in mid 2013, she spent over 17 years at in various roles including investment banking, capital management and most recently as of their multi-billion infrastructure fund where she was a senior member of the team and concentrated on finance/operations, administration, risk management, and investor relations and fund raising. Ms. Kim-Suk began her career as an investment banker at Salomon Smith Barney where she focused on mergers & acquisitions and capital raising in their Media and Telecom group. Prior to joining Salomon she was at Time Warner Inc. in their Corporate Finance/Strategic Planning group. With over $14 billion of AUM, L Catterton is the largest and most experienced consumer-focused private equity group in the world. Ms. Kim-Suk earned her B.A. in Economics from Smith College and her M.B.A. from .

TOM KIRBY Commonwealth Bank of Australia Tom Kirby is the Head of Fund Finance for the Commonwealth Bank of Australia (CBA). With 20 years’ banking and client coverage experience, Tom is responsible for CBA’s key relationships in the Funds segment with a particular focus on Financial Sponsors. Tom has extensive knowledge of asset based financing, transactional banking, and risk management; and with his global team, delivers flexible, tailored and innovative Fund Financing solutions.

DANA LAIDHOLD Dana Laidhold is Treasurer of The Carlyle Group, a public global alternative asset management firm. Her responsibilities include liquidity planning, cash management, foreign exchange, and capital markets. In 2015 Dana received the Highly Commendable distinction as Woman of the Year at the Adam Smith Awards. She currently serves on the Board of Directors of the Association of Financial Professionals. Dana is very involved in community service as a leader for both Carlyle’s Women’s Employee Resource Group (ERG) and Working Parents ERG. She is also on the Board of Directors of Doorways for Women and Families, a Northern Virginia based organization that creates pathways out of domestic violence and homelessness leading to safe and stable lives. Prior to joining The Carlyle Group in 2003, Dana was a Division Controller for US Airways, Inc. and previously she was an auditor with Coopers & Lybrand. Dana received an MBA from the University of Pittsburgh and undergraduate degree from Pennsylvania State University.

STEPHANIE LANDSBERG Bank of America Lynch Stephanie Landsberg is a Vice President in Bank of America Merrill Lynch’s market-leading Syndicated Finance group. In this capacity she is responsible for leading the structuring, distribution, and execution of broadly syndicated debt facilities. Clients include opportunity funds, hedge funds, debt funds, public pension plans, and institutionally-sponsored entities as well as REITs, REOCs, lodging companies and national homebuilders. Ms. Landsberg has 8 years of experience in structuring, syndicating, and executing debt transactions across all levels of the . Prior to assuming her current role, she worked in both bond origination and investor relations consulting. Stephanie holds Series 7, 79, and 63 licenses and is a graduate of where she was a goaltender on the women’s ice hockey team. 41 NICOLE LAPIN Nicole Lapin is bestselling author of Rich Bitch: A Simple 12-Step Plan for Getting Your Financial Life Together…Finally and Boss Bitch: A Simple 12-Step Plan to Take Charge of Your Career. Nicole is no stranger to breaking down complex business principles for all to understand, utilizing her signature sassy style. From anchoring business shows on network television, including on CNBC, Bloomberg and CNN, to contributing money reports to “Today” and MSNBC, Nicole has a long history with speaking the language of money fluently, and using that language to empower an entire generation of women to take control of their lives and their finances. Star of the CW’s business competition reality show Hatched, Nicole helps a fresh wave of entrepreneurs to get their businesses off the ground with smart advice and actionable feedback on their products. She was the first woman to be voted “Money Expert of The Year” and Redbook magazine’s first-ever monthly money columnist. Nicole graduated as valedictorian from .

ALEX LAST Mourant Ozannes Alex is a partner in our Cayman Islands office. He specialises in private equity, investment funds and corporate and commercial work and has many years of experience advising leading private fund sponsors on the structuring and establishment of investment funds, secondary transactions and related deals. Before relocating to the Cayman Islands, Alex led the investment funds practice in our Hong Kong office where he advised on some of the largest fund raisings in the Asia region. Alex has particular expertise advising on the establishment of funds for Japanese fund sponsors for both retail and institutional distribution in Japan. Alex frequently advises on general corporate and finance matters and has particular expertise in the context of fund financing. Prior to joining Mourant Ozannes, Alex worked for another Cayman Islands law firm and, before moving offshore, Freshfields Bruckhaus Deringer in London. Alex was called to the Bar of England and Wales in 1998 as a Diplock Scholar (currently non-practising). He is admitted as an attorney in the Cayman Islands and a Barrister of the Eastern Caribbean Supreme Court (). Alex is described as ‘very commercial and very smart’ and as ‘a private equity specialist with a depth of expertise’ with one client saying that he is ‘the next star in Cayman’, Chambers Global, 2017.

ILENE LEVINSON Hamilton Lane Ilene is a Principal in the Product Management Group, where she serves as the primary point of contact for all aspects of client relations for Hamilton Lane’s co-investment funds. Prior to joining Hamilton Lane in 2012, Ilene was a Principal at Beringea, focusing on private equity investing in the healthcare and media sectors. Previously, she worked as a Portfolio Manager at Harvard Planning and Real Estate and a Corporate Financial Analyst at Lehman Brothers. Ilene received an M.B.A from the University of Virginia’s Darden School of Business and a B.A. from Wesleyan University.

42 MARK LEVITT Global Infrastructure Partners Mark Levitt joined Global Infrastructure Partners in 2009 and is the Chief Operating Officer, member of the Executive, Operating, and Valuation Committees as well as the Secretary of its Investment Committees. Mr. Levitt leads GIP’s administrative functions, manages the junior investment team, and has overseen the growth of GIP from one fund with $5.6 billion of AUM to its current five funds and over $30 billion of AUM. Founded in 2006 as a joint venture with Credit Suisse and , Global Infrastructure Partners (GIP) is a leading global, independent infrastructure investor which combines its specialist industry experience and industrial best practice operational management to achieve superior risk-adjusted returns. Prior to joining GIP, Mr. Levitt spent 14 years at Credit Suisse, where he most recently served as a Managing Director and the Chief Operating Officer of the Global Investment Banking Division. In this position, he was responsible for all aspects of managing the Investment Banking business, including capital allocation and return analysis, human capital management, and client coverage management. In addition he had senior client coverage for several clients in the Technology and Services sectors. From 2000 to 2007, Mr. Levitt served as of the Investment Banking Division, having previously worked in the , Equity Derivatives and Emerging Markets businesses of Credit Suisse, Donaldson, Lufkin & Jenrette (which was acquired by Credit Suisse in 2000), Morgan Stanley and . He started his career at Ernst and Young. Mr. Levitt holds an M.B.A from Columbia University and a B.B.A. in Accounting and Finance from Emory University.

PATRICIA LYNCH Ropes & Gray LLP Patricia represents private investment funds on subscription and credit fund leverage facilities and fund investment managers on acquisition and working capital facilities. She also leads Ropes & Gray’s U.S. securitization practice and advises on a wide range of structured finance transactions, including collateralized loan obligations (CLOs), whole-business , and receivables-backed variable funding note facilities.

WILLIAM MAIER Avenue Capital Group Mr. Maier is the Senior Portfolio Manager responsible for assisting with the direction of the investment activities of the Avenue Performing Loans Strategy. Prior to joining Avenue in 2016, Mr. Maier spent 26 years at and its predecessor banks, Natexis and Banque Francaise du Commerce Exterieur (BFCE), where he was one of the founders of the bank’s leveraged finance business in the United States. Most recently, Mr. Maier founded and served as Senior Managing Director and Head of Coverage – Americas at Natixis with responsibility for all investment banking client relationships with corporations, financial Institutions and private equity sponsors. As such, he chaired the bank’s Client Committee and was a member of the Senior Executive Committee of the Americas for the Corporate & Investment Bank. He was a co-founder and served as Chief Investment Officer of NCOF as well as a co-founder and general partner of Natixis Strategic Partners I, II, & III private equity fund-of-funds. Mr. Maier started his career at NatWest Bank and completed the bank’s officer training program in New York and London. Mr. Maier received a B.A. with Honors in Philosophy and Law and Economics from (1987).

43 DAVID MAKI Heitman David is a Senior Managing Director and Co-Head of Heitman’s Private Real Estate Debt group. He is an equity owner of the firm, a member of the Debt Investment Committee and co-portfolio manager for Heitman Real Estate Debt Partners L.P. (“HDP”), Heitman Core Real Estate Debt Income Trust, L.P. (“CREDIT”) and other separate account clients. In these roles he manages a team which structures, originates, and services senior and mezzanine debt opportunities across all property sectors. Additionally, David oversees Heitman’s North American capital markets responsibilities which include developing strategy, advising, and executing the placement of more than $2 billion per year of property and fund-level financing across all property types. Prior to joining Heitman, David was Head of North American Capital Markets at RREEF, National Head of Real Estate Mezzanine Finance for LaSalle Bank Corporation, and Managing Director in the Real Estate Merchant Banking group at Wells Fargo Bank where he lead a team originating and managing high-yield commercial real estate loans. David received a Bachelor of Technology, Architecture from Ryerson University in , Canada and a Masters of Business Administration from the University of .

MONICA MANDELLI KKR Monica Mandelli (New York) joined KKR in 2015 as a member of the KKR Capital Markets team, where she works across Capital Markets and the Client and Partner Group to focus on expanding KKR’s efforts with families and family offices. She seeks to provide flexible capital solutions and strategic advice to leading families around the world. Prior to joining KKR, Ms. Mandelli worked at Goldman Sachs for 17 years where she was most recently a managing director and served as global head of the bank’s coverage and strategic relationship management group within the investment banking division. Previously, Ms. Mandelli was head of Goldman Sachs’ publishing and information services sector and the theatrical exhibition sector, within the technology, media and telecom group, having broad coverage responsibility for many media clients. She was also co-head of Goldman Sachs’ firm-wide women’s network. Prior to joining Goldman Sachs, Ms. Mandelli worked at Merrill Lynch in London in their mergers & acquisitions group and at McKinsey & Company in New York. She has advised clients on over 75 M&A and financing transactions. Ms. Mandelli holds a B.S. and an M.S., summa cum laude, in Economics and Social Sciences from Universita’ Bocconi and an M.B.A, with Distinction, from . She serves on the Harvard Business School Alumni Board, the Women’s Leadership Board at the , the Bocconi Alumni Association Board, the Board of Trustees of Horace Mann School and the Board of Directors of Endeavor Italy. Ms. Mandelli is also a member of the Brookings Council.

BRAD MARSHALL GSO Capital Partners

HOWARD MATLIN Kelso Private Equity

44 ELLEN MCGINNIS Haynes & Boone, LLP Ellen McGinnis is recognized for her critical thinking in structuring, and practical advice in execution of, financing transactions for lenders, focused in particular on subscription-secured credit facilities, having worked on the product since its initial development in the late 1980’s. Ellen is co-chair of the firm’s Fund Finance Practice Group, for which Haynes and Boone is trusted counsel for U.S. and foreign commercial and investment banks as lenders to private equity funds. She has recently represented a number of clients in hybrid collateral facilities, and works on many of the practice’s international and multi-currency transactions. Ellen is currently the chair of the firm’s Admission to Committee and is a member of the board of directors, as well as participating on the Opinion Committee, and leads the firm’s knowledge management efforts. She has been a Finance Practice Group leader and has served on the firm’s Computer and Technology Committee. Prior to her focus on subscription lending, Ellen’s practice encompassed a wide range of lending structures, including asset-based and real estate-related transactions.

MURTAZA MERCHANT MV Credit Murtaza is a Managing Director and Head of Fund Optimisation and Leverage at MV Credit. He is responsible for proactively managing Funds’ strategy with a view to enhancing the Funds’ risk adjusted returns. Murtaza leads structuring of leverage and subscription facilities for the Funds. Murtaza is also heavily involved in investor relations and fundraising, covering several LP relationships. Prior to MV Credit, Murtaza was an Investment Manager at Industrial and Financial Investment Company (IFIC) in Kuwait where he worked in the International Investment Department (Private Equity and Direct Investments).

RAY MEYER Natixis Ray Meyer is a Managing Director and Head of Financial Institutions Coverage of Natixis Corporate & Investment Banking Americas, which spans Alternative Asset Managers, Private Equity, , Banks and Traditional Asset Managers. He primarily focuses on origination for large core relationship clients across multiple asset classes in coordination with the various product groups of Natixis. Mr. Meyer has been with Natixis for over 16 years and has originated, structured, arranged and executed various facilities including Secured Subscription, Hybrid and Secondary Asset facilities for Alternative Asset Managers, Private Equity Fund and clients. His role includes sourcing and originating financing, and liquidity solutions across the client base including Real Estate, Buy-Out, Credit, Energy, Infrastructure, Aircraft, Secondary Private Equity Funds and Alternative Asset Managers. Mr. Meyer has more than 25 years of financial services experience. Prior to joining Natixis, he was a member of the Financial Institutions Investment Banking Group at Lehman Brothers, and before that was a Senior Foreign Exchange trader at BNP Paribas and Credit Suisse. Mr. Meyer holds an MBA from The Wharton School, University of Pennsylvania and a bachelor’s degree in Finance and Economics from New York University’s Stern School of Business.

45 JOSE MINAYA Nuveen As President of Global Investments, Jose Minaya is accountable for over $900 billion of assets under management at Nuveen Global Investments. In this newly created position Mr. Minaya drives strategy and coordination among a dozen global investment affiliates and ensures we are delivering the whole of the firm to help clients meet their unique goals. Previously, Mr. Minaya was President of TIAA Global Real Assets, where he was responsible for setting strategy and driving business across all of the firm’s real asset offerings, including real estate, agriculture, timber, infrastructure, energy and alternative credit. He has also served as Head of Private Markets Asset Management and Head of Natural Resources and Infrastructure Investments. Mr. Minaya joined TIAA in 2004 to manage private debt and equity transactions. Mr. Minaya has over 23 years of investment experience at firms including AIG, Merrill Lynch an JP Morgan. He has led transactions across public and private asset classes and worked in mergers and acquisitions. He holds a B.S. in finance from Manhattan College and an MBA from Dartmouth’s Amos Tuck School of Business, where he was a Robert Toigo Fellow, an organization that fosters career advancement and increased leadership of underrepresented talent. Mr. Minaya is also a recipient of the 2016 Toigo Blazing Trails award for his demonstrated commitment educating the next generation of financial services talent.

NICK MITRA Natixis Nick Mitra manages the US Capital Call business for Natixis and is also the global coordinator for the Capital Call product ensuring compliance with exposure limits and adherence to consistent standards for Capital Call credit facilities. Prior to joining the Global Structured Credit & Solutions Group at Natixis, Nick worked in the Credit Group at Natixis covering Financial Institutions and Insurance Companies. He has also worked at Goldman Sachs and Accenture in different roles and was the CFO of an entrepreneurial start-up – UConnections.com – aimed at the education space. Nick started his career at Lehman Brothers as a trader’s assistant in the security lending/repo area. Nick has approximately 17 years of experience in the financial sector. Nick is also a co-founding member of the Fund Finance Association, an industry group dedicated to Fund Finance and related products, where he sits on the Board of the Association. Nick holds an MBA in Finance from NYU and a BS in Finance from Lehigh University and is a CFA charter holder. He is also the First Vice Chairman of the Fund Finance Association.

SUNIL MODY Morgan Stanley Sunil Mody is a Managing Director of Morgan Stanley responsible for all hedging activities globally for the private investment funds across Investment Management. Product oversight primarily includes risk based solutions in the foreign currency and interest rate derivative markets. Prior to joining Morgan Stanley in 2009, Sunil was with JPMorgan for eight years, and was last Vice President in the FX Institutional Sales Group covering clients in the real estate, infrastructure, and asset management sectors. Sunil graduated with distinction from University of Michigan’s Ross School of Business, with a degree in Bachelor of Business Administration.

46 TARUN NAGPAL Tarun is a Member of the Global Equities Executive Committee and Global Head of Investment Solutions (GIS), a fully integrated, multi-asset solutions business with 140 professionals across the globe and over EUR55bn in value of investment products. He’s responsibilities include direct oversight of GIS’ four core business lines: - Quantitative Investment Solutions: Focused on the development, tailoring and delivery of quantitative investment strategies, and the construction of bespoke multi-strategy portfolios. - Multi Asset (3rd party ) Products: Award winning franchise providing risk-controlled and DB-governed access to hedge funds, risk premia, private equity, private credit and long-only strategies in UCITS, AIFMD and unfunded managed account formats - Multi Asset Solutions: A team of multi-disciplinary backgrounds focused on designing bespoke investment solutions meeting investment and portfolio risk management needs for institutional clients, wealth managers and retail distributors across asset classes and strategies - Retail Structured Products: Providing access to a broad range of retail products from certificates to structured notes and warrants traded on exchange and off exchange. Previously Tarun was a member of the Deutsche Asset Management Executive Committee and Head of Asset Management Solutions and prior to that a member of the Deutsche AWM Global Executive Committee and Global Head of Alternatives and Fund Solutions. He joined Deutsche Bank in 2003 and has been responsible for structuring and marketing alternative investment and portfolio risk management products and solutions in Europe, Asia and Middle East as well as for building Deutsche Bank’s alternative investment product suite, including the dbalternatives Hedge Fund Managed Account Platform in the investment bank. Before joining Deutsche Bank, Tarun served as a Lawyer at Linklaters. He holds an MA from Cambridge University.

AUSTIN NOWLIN Austin Nowlin is a Managing Director and Head of Capital Markets for the Americas at Starwood Capital Group. In this role, he is responsible for all debt activities for the Firm’s investments in the Americas, including, the origination, structuring, and execution of asset-level and fund/corporate- level financing activity. Since joining the Firm in 2011, Mr. Nowlin has completed financings across all asset and product types, including revolving credit facilities, domestic and foreign balance sheet loans, construction financing, fixed and floating rate commercial mortgage-backed securities, preferred and mezzanine financing. He is a member of the Investment Committees at Starwood Capital and Starwood Property Trust. Prior to joining Starwood Capital, Mr. Nowlin worked at Wells Fargo and its predecessor, Securities, in leveraged finance. He began his career at Raymond James, where he focused on making equity investments in multifamily assets. Mr. Nowlin received a B.A. degree in economics from Florida State University.

47 MARGARET O'NEILL Debevoise & Plimpton LLP Margaret O’Neill is a finance counsel in the New York office of Debevoise & Plimpton LLP. She regularly represents private equity, real estate, debt and other investment fund sponsors in connection with fund financings at all levels of the fund capital structure. Ms. O’Neill advises fund clients on a wide variety of financing facilities, including subscription credit facilities, secondary asset finance facilities, management company facilities, sponsor co-investment facilities and other fund financings. She also has extensive experience across a broad range of other secured and unsecured financing transactions, particularly in high yield and secured leveraged acquisition financing. Ms. O’Neill received her B.A. magna cum laude from Harvard, and her J.D. from Columbia Law School, where she was a Stone Scholar and a managing editor of the Columbia Law Review.

MARCIA PAGE Värde Partners Marcia Page is Executive Chair of Värde Partners, a global alternative investment management firm with $13 billion in assets under management. She cofounded the firm in 1993. She chairs the Partner Committee and is a member of the firm’s Investment Committee. Since Värde’s founding, Marcia has overseen every aspect of Värde’s growth, ranging from the development of the original investment thesis, to the raising of each fund, to the crafting of the firm’s investor communications, to the development of the firm’s infrastructure. Marcia built the liquid investing side of the business, first focusing on all aspects of the day-to-day portfolio management and then building the business on a worldwide basis, including moving to London as she built the liquid side of the business there. Marcia has played key roles in various portfolio companies owned by the Värde funds as well as serving on creditors’ committees. Marcia transitioned from Co- and Co-Chief Investment Officer to Executive Chair in 2016. Prior to founding Värde, Marcia served as vice president of EBF & Associates, an alternative investment management firm. There, she helped establish Merced Partners, an investment partnership. Prior to EBF & Associates, Marcia traded distressed and high yield bonds and managed fixed income portfolios at Cargill. Marcia graduated from Gustavus Adolphus College, Minnesota with a B.A. in Economics, and received an M.B.A. from the University of Minnesota’s Carlson School of Management. Marcia serves on the Board of Trustees of Gustavus Adolphus College and on the Board of Overseers of the Carlson School of Management. She serves on several private company boards and investment committees. She is a member of The Committee of 200. Marcia is married and has three daughters, all launched into various levels of graduate and undergraduate studies.

GEOFFREY PECK Morrison & Foerster LLP Geoffrey Peck is a banking and finance partner based in the New York office. Mr. Peck has extensive experience representing investment banks, commercial banks, private equity funds, hedge funds, business development companies, asset managers, specialty finance companies, borrowers and issuers in large- cap, middle market and mezzanine financings and restructurings. His experience is domestic and cross- border, with particular experience with Caribbean and Latin American transactions, and covers a broad range of transactions, including acquisition financings, first/second lien financings, unitranche financings, subordinated financings, hybrid debt/equity financings, bridge financings, preferred equity financings, asset-based financings, private placements, project and infrastructure financings, trade financings and subscription-backed financings. Mr. Peck has led three separate transactions named ‘Deal of the Year’ by leading industry publications. Mr. Peck also regularly represents clients in connection with insolvency matters, including complex workouts and restructurings, DIP financings, exit financings, secondary trading of debt and equity, and analysis of special situations trading opportunities. Mr. Peck received his J.D. in 1998 from the University of Pennsylvania and both a B.A. and B.S. from Boston University in 1995.

48 JONATHAN PEIPER Sumitomo Mitsui Banking Corporation Jonathan Peiper is an Executive Director & Group Head in Sumitomo Mitsui Banking Corporation’s Subscription Secured Finance Department. Mr. Peiper currently originates, structures, arranges and executes subscription secured credit facilities in excess of $8 billion globally, primarily as Lead Arranger and Bookrunner. Clients include private equity firms and fund managers in North America, Europe and Asia. Mr. Peiper was previously a member of Sumitomo Mitsui’s Department where he focused on providing letters of credit, loans and bond purchases for municipalities, hospitals, not-for- profits, and public and private . Mr. Peiper has a B.A. in International Relations from Tulane University and an M.B.A. in Corporate Finance from NYU Stern School of Business.

ANTHONY PIRRAGLIA Loeb & Loeb LLP Anthony Pirraglia focuses his practice in the area of commercial finance, representing both borrowers and lenders in connection with unsecured and asset-based lending transactions. Mr. Pirraglia also represents mezzanine lenders, private equity funds and other investors in their loans to and investments in companies in connection with acquisitions and corporate restructures. Mr. Pirraglia also practices as special counsel representing institutional lenders in the area of the direct placement of corporate securities. His finance experience includes the structuring, documentation and negotiation of warehouse and other loan facilities and a wide variety of privately placed financial transactions; workouts and restructurings; leveraged buyouts; project and facility financing; real estate financings; credit tenant loan transactions; and loan and other asset securitizations. His practice also includes a special emphasis on workouts, restructuring and bankruptcies of multiple property credit tenant loan securitizations. His representative workout achievements include the successful liquidation and recovery on approximately 30 Borders’ credit tenant leases.

MICHAEL J. PUGATCH HarbourVest Partners, LLC Mike Pugatch joined HarbourVest’s secondary investment team in 2003. He focuses on global secondary transactions ranging from traditional to more complex transactions. Mike was a key participant or played a lead role in multiple direct portfolio/team spin out secondaries including transactions involving Saints Capital, Ventizz Capital, American Capital Equity Management, and Arcapita, Inc. Mike joined the Firm from UBS Warburg, where he spent two years in the Global Media Investment Banking Group focusing on mergers and acquisitions, corporate financings, and restructurings. He also has prior experience in the Technology Investment Banking Group at PaineWebber. Mike received a BS (summa cum laude) in Business Administration from Babson College in 2001.

RAM RAO Ram is a Managing Director with Macquarie’s Fund Linked Products Group. Ram has specialist expertise in structuring financing solutions for private equity firms for acquisitions of LP portfolios and individual companies in the secondary market, as well as expertise in financing for recapitalizations of individual funds and fund of funds. Prior to joining Macquarie, Ram held senior positions with Barclays, Merrill Lynch, and UBS. Ram has a bachelor’s degree from Wesleyan University and masters degrees from University of Pennsylvania and Massachusetts Institute of Technology. 49 KEITH READ Cerberus Business Finance, LLC Cerberus Capital Management, L.P. Keith Read, Senior Managing Director of Cerberus Capital Management and President of Cerberus Business Finance. Mr. Read joined Cerberus in 2006. Prior to joining Cerberus, Mr. Read was a Managing Director at CIBC World Markets from 1995 to 2005, where he was responsible for the distribution of corporate and structured products including senior and mezzanine credit, growth equity, CLOs and fund LP capital. From 1993 to 1995, Mr. Read was an Executive Vice President at The Argosy Securities Group, a boutique high- yield advisory firm. From 1991 to 1993, he was a Managing Director at Barclays Bank. From 1989 to 1991, he served as a Vice President at Bankers Trust. Mr. Read is Chairman Emeritus of the National Advisory Council of Brigham Young University Marriott School of Business, past Chair of the University of Utah David Eccles School of Business National Advisory Board, and a Board member of Rising Star Outreach. Mr. Read is a graduate of the University of Utah and received a Masters’ Degree from the University of Utah. Mr. Read is a member of the Cerberus Capital Management Credit Committee.

ANN RICHARDSON KNOX Mayer Brown LLP Ann Richardson Knox is a partner in the Banking & Finance practice at Mayer Brown and oversees the Fund Finance team in the New York office. Ann has spent her entire career structuring complex leveraged financings to US and global private funds, sponsors and portfolio companies and has represented both financial institutions and funds. Ann’s vast experience encompasses financings at every level of the capital stack and every phase of a fund’s existence. Ann represents major domestic and foreign investment and commercial banks as lead agent and arranger in connection with subscription credit facilities. She has been lead counsel on many of the largest and complex subscription credit facilities to funds sponsored by the world’s preeminent fund sponsors. Ann’s practice also includes structuring novel solutions to provide leverage on fund portfolio assets, including real estate, debt and portfolio companies. Notably, Ann led the first such portfolio leveraging financings to secondary funds almost a decade ago. She is a frequent author and speaker on subscription credit facilities and other fund finance products providing insight as to the cutting edge issues and trends in the market place. Ann has a JD from Columbia Law School and a BA from Cornell University.

PAUL M. RODER Moses & Singer LLP Paul M. Roder is a partner in Moses & Singer’s Banking and Finance practice group. He represents money center banks and other financial institutions, both foreign and domestic, in a variety of financing transactions, including secured and unsecured lending and letter of credit transactions. His clients often serve as lead agents and arrangers in syndicated credit facilities and he advises them in all aspects of such transactions, including the structuring, negotiating, and documenting thereof. He regularly represents clients on extensions of credit to a range of borrowers, including public and private companies as well as investment funds, and in cross-border financings. Paul has extensive experience in fund financing, including subscription finance and other financings supported by capital commitments. He has represented money center banks as lead agents and arrangers in well over 125 syndicated subscription credit facilities. These facilities include multi-fund, parallel fund, and master/feeder fund structures with sponsors primarily located in North America and Europe. In addition, he represents clients in bilateral subscription credit facilities, hybrid subscription credit facilities (which include subscription collateral together with collateral from other asset classes), “after-care” credit facilities, and credit facilities secured by investment management fees and other rights to payment. The borrowers are typically private equity funds, including real estate opportunity funds, leveraged funds, distressed debt funds and mezzanine funds, and include funds from some of the premier sponsors 50 in the industry. KENNETH I. ROSH Fried, Frank, Harris, Shriver & Jacobson LLP Kenneth I. Rosh is head of Fried Frank’s Private Equity Funds Group and a member of the Firm’s Governance Committee. Mr. Rosh represents clients in a broad range of corporate and securities transactions, with a focus on private equity fund formation counseling, investments, acquisitions and secondary transactions; securities and capital markets; and general corporate matters. Mr. Rosh has represented major PE fund sponsors for over 25 years. Mr. Rosh is recognized by Chambers Global, Chambers USA and Legal 500 as a leading individual in Private Equity Funds and recently received Law360’s Asset Management MVP award. Mr. Rosh serves as the Co- Chair of the Private Investment Funds Forum and is a member of the Private Investment Funds Committee of the Bar Association and the American Bar Association Committee on Private Investment Funds. Mr. Rosh also serves on the Board of Advisors of the Northwestern Journal of International Law and Business and on the Board of Advisors of the Tufts University School of Arts & Sciences. Mr. Rosh serves on the executive board of DREAM (formerly Harlem RBI), and served for eight years as Board Chairman, and is a past recipient of the Legal Aid Society’s Pro Bono Publico Award. Mr. Rosh received his JD in 1988 from the Boston University School of Law, where he was a G. Joseph Tauro Distinguished Scholar and editor-in-chief of the Annual Review of Banking Law, and his BA in 1985 from Tufts University. He is admitted to the bar in New York.

JOHN G. RUDGE Lexington Partners Mr. Rudge is a partner of Lexington Partners primarily engaged in the origination and evaluation of secondary purchases of private equity and alternative investments. Prior to joining Lexington in 2001, Mr. Rudge was an associate in investment banking at Morgan Stanley. Mr. Rudge graduated from Middlebury College with a BA in American Civilizations and from the Tuck School of Business at Dartmouth with an MBA. Lexington Partners is a leading global alternative investment manager primarily involved in providing liquidity solutions to owners of private equity and other alternative investments and in making co- investments alongside leading private equity sponsors. Lexington has acquired over 2,800 secondary and co-investment interests through 736 transactions with a total value in excess of $44 billion, including $12 billion of syndications. Lexington’s leadership position has attracted commitments from more than 700 investors in over 30 countries, including many of the largest global investors with alternative asset commitments. Lexington Partners has six offices located in major centers for private equity and alternative investing – New York, Boston, Menlo Park, London, Hong Kong and Santiago. In addition, Lexington has senior advisors located in Asia, Australia, and .

51 ALISTAIR RUSSELL Carey Olsen Alistair is a partner in the corporate and finance group of Carey Olsen in the Cayman Islands and advises on all aspects of finance, corporate, investment funds and commercial law, with a particular focus on lender side funds finance transaction. He has advised clients on a broad range of transactions including financing, private equity, joint ventures, mergers and acquisitions and capital markets, and is described by clients in IFLR1000 as “the best Cayman lawyer we’ve ever worked with”. Alistair was formerly with Skadden, Arps, Slate Meagher & Flom and Cleary, Gottlieb, Steen & Hamilton, each in London. Alistair obtained a Bachelor of Civil Law with distinction from Christ Church, Oxford University, and an LLB with first class honours from Kings College London. Alistair was admitted as a solicitor of the Supreme Court of England and Wales in 2008 and as an attorney- at-law in the Cayman Islands in 2013.

DIANE SCHUMAKER-KRIEG Wells Fargo Diane Schumaker-Krieg is global head of Research, Economics & Strategy and leads all fundamental research across sectors and asset classes for Wells Fargo. She serves on the Wells Fargo Corporation and the Wells Fargo Securities management committees. Diane’s division provides research to investors worldwide and to all Wells Fargo team members, including the ,-person Wholesale Banking group and , financial consultants within . Prior to joining Wells Fargo predecessor, in 52, Diane was managing director and co- head of U.S. Equity Research for Credit Suisse , where she worked for 52 years and led a team of top-ranked analysts. Earlier in her career, Diane held international and domestic corporate treasury positions at PepsiCo, Primerica, and ExxonMobil. Diane is a Phi Kappa, Sigma Xi, and summa cum laude graduate of Wellesley College, and holds an M.B.A. in fi nance from Columbia University. For the past eight consecutive years, Diane has been recognized by on its prestigious “Most Powerful Women in Finance” survey. In 52, Harvard’s Smart Woman Securities named Diane “Woman of the Year.” In , Legal Momentum, the nation’s oldest legal advocacy group for women, presented Diane with the Aiming High Award, citing her as a business leader who has broken new ground.

MATTHEW SKURBE Blackstone Matthew Skurbe is the Treasurer and Managing Director in Finance for Blackstone. Mr. Skurbe leads all Blackstone Treasury related initiatives, including cash and liquidity management, working capital management, bank and rating agency relationship management, balance sheet risk management, procurement, and vendor risk management. Before joining Blackstone in 2009, Mr. Skurbe was the CFO for Merrill Lynch Bank & Trust, a $35 billion bank housing several of Merrill Lynch’s consumer lending and banking businesses. Prior to that role, Mr. Skurbe spent seven years supporting Merrill Lynch’s Treasury function and had previous roles with Amerada Hess and Arthur Andersen LLP. Mr. Skurbe is also a board member of the Association for Financial Professionals and the Blackstone Charitable Foundation. Mr. Skurbe received a BS in Accounting from Rutgers University, achieved the Certified Public Accountant certification, and is a Certified Treasury Professional.

52 MICHAEL SMITH ARES Mr. Smith serves as Co-President of ARCC. Mr. Smith previously served as an Executive Vice President of Ares Capital from May 2013 to July 2014. Mr. Smith joined Ares in May 2004 and currently serves as a Partner and Co-Head of the Ares Credit Group and a member of the Management Committee of Ares Management. From time to time, he may serve as an officer, director or principal of entities affiliated with Ares Management or of investment funds managed by Ares Management and its affiliates. Mr. Smith is a member of the Ares Credit Group’s U.S. Direct Lending and Commercial Finance Investment Committees and the Ivy Hill Asset Management Investment Committee. Prior to joining Ares, Mr. Smith was a Partner at RBC Capital Partners, a division of Royal , which led the firm’s middle-market financing and principal investment business. Mr. Smith joined RBC in October 2001 from Indosuez Capital, where he was a Vice President in the Merchant Banking Group. Previously, Mr. Smith worked at Kenter, Glastris & Company, and at Inc., in their Debt Capital Markets Group and Financial Institutions Group. Mr. Smith received a B.S. in Business Administration, cum laude, from the University of Notre Dame and a Masters in Management from Northwestern University’s Kellogg Graduate School of Management.

KEVIN SOFIELD Vista Equity Partners Kevin Sofield joined Vista Equity Partners in 2013. As the firm’s Director of Capital Markets, Mr. Sofield manages all portfolio company financing activities, from original buyout to recapitalization, and including acquisition and refinancing activities. Prior to joining Vista, Mr. Sofield spent over a decade in the Leveraged Finance group at Goldman, Sachs & Co., culminating in his role as Managing Director and Head of West Region Leveraged Finance. In this role, he advised corporate and sponsor clients on all manners of financing, including asset-based loans, traditional bank loans, institutional loans, high yield bonds, and hybrid structures. Mr. Sofield began his career as an Officer in the United States Navy.

LEON STEPHENSON Reed Smith LLP Leon is a member of the Financial Industry Group and Head of Funds Financing in London. Leon and his team work with banks, other financial institutional lenders, managers, general partners and limited partners of funds on specialist funds financing transactions with private equity, secondaries, real estate, direct lending and infrastructure funds. Leon has particular specialist knowledge of NAV/asset-backed and hybrid facilities, secondary funds facilities, capital call facilities, co-investment and GP/manager support facilities and other types of liquidity facilities provided to funds. Leon represents a large proportion of lenders that provide funds financing and was awarded “Partner of the Year for Banking” at the Client Choice Awards 2017. He also represents a number of private equity and other funds on complex funds finance transactions. JAN SYSEL Fried, Frank, Harris, Shriver & Jacobson LLP Jan Sysel is a corporate finance partner resident in Fried Frank’s New York office and co-heads the Firm’s fund finance practice. Mr. Sysel represents sponsors, borrowers, arrangers and lenders on a wide variety of financing transactions primarily in connection with fund formation, as well as leveraged acquisitions, spinoffs, recapitalizations and restructurings, across a broad range of industries. He has extensive experience in structuring, negotiating, documenting and executing complex financings, including syndicated senior facilities, mezzanine facilities and private debt placements. His work includes unsecured and secured first and second lien facilities, both cashflow-based and asset-based, with particular focus on fund subscription facilities and other types of investment fund leverage. Mr. Sysel previously worked on secondment at Goldman Sachs, where he advised on loan transactions for private wealth management clientele. Prior to joining Fried Frank, he practiced corporate law in the Czech Republic for several years and served in the Czech Army as a staff attorney at the Litigation Department of the Czech Ministry of Defense. Mr. Sysel received his JD from Charles University Law School () in 1999, his JSD from Charles University Law School (Prague) in 2002 and his LLM from Columbia Law School in 2005, where he was a Harlan Fiske Stone Scholar. He is admitted to the bar in New York.

MATT TABER Harneys Matt Taber is a partner in Harneys’ Cayman office. Matt is a Cayman Islands investment funds specialist; he has advised many of the world’s leading asset managers in relation to the formation, governance, and restructuring of all types of private equity and hedge funds. Matt regularly advises on corporate governance, regulatory compliance and tax information sharing obligations for all types of Cayman Islands investment funds and vehicles. In addition to his experience as a funds lawyer, Matt also has extensive corporate experience, advising on mergers and acquisitions and fund finance. Prior to joining Harneys, Matt worked at two leading offshore law firms as an investment funds lawyer and in the corporate/M&A department of .

JULIE THICK J.P. Morgan Julie is the head of J.P. Morgan Chase’s commercial real estate banking subscription lending platform. Julie works closely with institutional investors and fund sponsors on strategically investing in real estate. Julie began her career structuring and commercial real estate loans for LaSalle Bank in 1995, before moving to Jones Lang LaSalle to assist clients with land development strategies. In 1998, she rejoined LaSalle Bank to develop and manage an institutional real estate division before joining RBS Citizens in 2008, where she was hired to build out a team focused on the generation of new business and asset management for a portfolio of real estate loans. She is a former President and current board member of the Chapter and National Board of the Real Estate Lenders Association (RELA) and is a member of the International Council of Shopping Centers (ICSC). Julie received her bachelor’s degree in business administration from the University of Illinois. A native of the Chicagoland area, Mrs. Thick resides in Hinsdale, IL with her husband, Scott, and three children, Kaitlyn, Tyler and Dylan.

54 MARY TOUCHSTONE Simpson 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; fund guarantees and other credit support of portfolio level financings; NAV-based facilities and hybrid variations provided as aftercare facilities for funds that are later in their life cycles with less uncalled capital and more portfolio asset value; credit facilities for managed account vehicles; employee co-investment loan programs; management lines to investment advisers for working capital purposes; and liquidity financings for registered funds.

PETER VERMETTE Goldman Sachs Peter is responsible for Debt Capital Markets in the Infrastructure Investment Group within the Merchant Banking Division (MBD). He is a member of the Infrastructure Investment Committee and serves as a senior MD champion for MBD for the Disability Interest Forum. Previously, he worked in the Real Estate Principal Investment Area (REPIA) in London. Earlier, Peter worked in REPIA in New York. He joined Goldman Sachs in 1998 as an analyst and was named managing director in 2010. Prior to joining the firm, Peter worked at Bankers Trust in New York. Peter serves on the boards of Red de Carreteras de Occidente, an owner and operator of toll roads in , and of Autopistas Metropolitanas de Puerto Rico, an owner and operator of toll roads in Puerto Rico. He is also a member of the Board of Directors of the New York Chapter of the National Multiple Sclerosis Society. Peter earned a BS in Finance from Bryant College in 1997.

TOM WALKER

55 EMMA WALLACE State Street Bank and Trust Company Emma joined State Street in 2011 as a member of its Fund Finance team which provides loans to the funds industry. Clients include regulated funds, private equity funds, funds of hedge funds, and business development companies. Emma is global head of the Capital Call financing product. Emma has 20 years of international banking experience in relationship management and credit. Prior to joining State Street she managed the European and Asian lending teams at BNP Paribas Securities Services. Her focus being to structure loans for /dealers, conventional & alternative funds. Prior to this Emma fulfilled relationship management roles at both and NAB in London managing strategic bank relationships, cross selling investment bank products and providing credit support to key clients of these institutions.

ANNIE C. WALLIS Sidley Austin LLP Annie C. Wallis is a partner in the Chicago office. She practices in the Global Finance group. Her practice includes structured finance, merger and acquisition financing, and secured and unsecured single currency, multicurrency and cross-border lending transactions. She has represented lenders, participants, agents, sponsors, originators and borrowers in single-bank and syndicated . Her clients include investment banks, commercial banks, hedge funds, private equity funds and public and private companies. Ms. Wallis has assisted in the financing of a wide variety of assets, including trade receivables, film revenues, motor vehicle leases and other financial assets. Ms. Wallis completed a two-month assignment in Sidley’s Sydney, Australia office, representing foreign private issuers and investment banks in a number of different institutional debt private placements, including traditional 4(a)(2) private placements and Rule 144A offerings. Prior to becoming a lawyer, Ms. Wallis was a business consultant and then worked in the treasury group of a company. Ms. Wallis graduated from Washington University in St. Louis magna cum laude in 2000 and Northwestern University School of Law cum laude in 2006. She was the editor-in-chief of the Northwestern University Journal of International Human Rights and served as a judicial extern for the Honorable Joan Humphrey Lefkow of the Northern District of Illinois.

DAVE WASSERMAN Morgan 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.

56 ANNA-LISE WISDOM Appleby Anna-Lise Wisdom joined Appleby in 2007 and is a partner within the Corporate department in Cayman. She specialises in subscription financing and debt financing for private equity funds and regularly advises leading financial institutions in related credit facilities. She also has substantial experience in asset finance, particularly ship finance, corporate and acquisition finance and in capital markets transactions. Prior to joining Appleby, Anna-Lise practised as a corporate attorney in the British Virgin Islands, advising a broad client base of financial institutions, trust companies and investment advisors. Her practice extends to private equity and hedge fund formation, structuring and operation and she has also advised investment managers on related regulatory and licensing issues in relation to such funds. Anna-Lise has been ranked in Legal 500 Caribbean and IFLR’s Banking and Financial Services sector since 2015. She is a member of the Cayman Islands Law Society and has a thorough working knowledge of French and Spanish.

PATRICK K. WOLFE Tennenbaum Capital Partners Patrick Wolfe is Director of Tennenbaum Capital Partners (“TCP”), LLC. Mr. Wolfe has over 11 years of experience in structuring, issuance, and managing CLOs and other levered credit strategies. Prior to joining TCP, he was at Deutsche Bank where he specialized in structured credit. Wolfe began his career as an auditor at KSJG LLP. He earned a B.S degree in Accounting from State University.

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