FFA Event

FFA US University 1.0

Name: FFA US University 1.0
Start: 2023-09-21T09:00:00Z
End: 2023-09-21T17:00:00Z

September 21, 2023

9:00 AM - 5:00 PM EDT

VIRTUAL

This intensive full-day training session will occur virtually on Thursday, September 21, 2023. The program is designed for both bankers and lawyers transacting under U.S. law that are either relatively new to Fund Finance or those that want an in-depth training course. The course will cover everything from understanding fund formation and structures to subscription facility credit documentation and Investor issues. Networking reception hosted by Reed Smith.

Cost is $275 USD per attendee.

Last updated 08/31/2023

Sara Casey

AB Private Credit Investors

Career Development Panel - NextGen Panel

4:00 PM | 2023-09-21

Sara Casey

Director | AB Private Credit Investors

Sara Casey is a Director with AB Private Credit Investors, where she is one of the initial senior team members involved in the development of the NAV Lending strategy. Her responsibilities include deal sourcing, structuring, underwriting and execution, and portfolio management. Prior to joining AB in 2023, Casey was a Principal at Hark Capital, where she sourced and executed NAV loans. Prior to Hark Capital, she was an Associate at Wells Fargo Securities. Casey is a member of the Fund Finance Association’s NextGen Committee and was the Fund Finance Association’s 2023 NextGen Member of the Year. She holds a BS in finance from Providence College.

Erin England

Reed Smith

Jorge Grafal

Goldman Sachs Asset Management

Career Development Panel - NextGen Panel

4:00 PM | 2023-09-21

Jorge Grafal

Vice President | Goldman Sachs Asset Management

Jorge Grafal is Vice President of the Fund Finance business at Mizuho Americas. Jorge joined Mizuho Americas as part of the firm’s initiative to grow its presence within the Fund Finance industry in January, 2020, having previously worked at National Australia Bank and SMBC. He also serves as a key point of contact within Mizuho for ancillary business opportunities across its full spectrum of products and services. Jorge has been a funds banker for almost 10 years, with a focus on subscription finance facilities, NAV facilities, fund-level foreign exchange services and tailored credit products for private equity employees’ GP commitments. He is currently Co-Head of New York’s FFA NextGen Network.

Terrence Gregersen

Natixis

Fund Documentation and Due Diligence

11:30 AM | 2023-09-21

Terrence Gregersen

US Head of Capital Call Solutions | Natixis

Terrence is the US Head of Capital Call Solutions at Natixis. Terrence joined Natixis in 2006 and has extensive banking experience in capital call and hybrid financing, and securitization. He is responsible for managing the US Capital Call Solutions team which originates, structures, and syndicates capital call and hybrid facilities.

From 1998 to 2006, he worked in the Structured Finance Group at Financial Security Assurance.

Terrence holds a Bachelor of Science in Finance from Rutgers University.

Jeremy Grubb

Citizens Bank

Terence Hatton

MUFG Bank Ltd

Get to Know the FFA

9:05 AM | 2023-09-21

Terence Hatton

Managing Director | MUFG Bank Ltd

Terry Hatton is a Managing Director and head of the Fund Finance Group for MUFG in New York. MUFG’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. Terry has a bachelor’s degree from University of Western Ontario.

Finn Howie

Mourant

The Credit Agreement - Session 2

2:55 PM | 2023-09-21

Finn Howie

Counsel | Mourant

Finn Howie is Counsel in Mourant's Cayman Islands Corporate and Finance team. His practice primarily focuses on fund finance, alongside leveraged and structured financing transactions. In the fund finance space, he regularly advises both lenders and borrowers on the structuring and implementation of subscription credit lines, NAV facilities (including hybrid facilities), GP loans and other fund-level leverage and related security arrangements. Finn has been recognized as a Rising Star by the Fund Finance Association, and by the Legal 500 Caribbean and IFLR publications. Finn has been based in the Cayman Islands since 2018, having previously practiced at Skadden Arps in London.

Aditi Iyer

Kirkland

Annabella Kwei

Stifel Bank

Career Development Panel - NextGen Panel

4:00 PM | 2023-09-21

Annabella Kwei

Vice President | Stifel Bank

Annabella Kwei heads up North East originations at Stifel Bank’s Venture and Fund Banking Group. Annabella provides private equity and venture capital firms with various financing solutions, such as subscription lines, management company lending and GP capital commitment finance. She also provides venture debt to portfolio companies.

Annabella has over six years of experience in fund finance and is a member of Fund Finance Association’s Women in Fund Finance Committee, Next Gen Committee and Marketing Committee. She holds an accelerated B.A.-M.A. degree from Barnard College and Columbia University.

Mike Mascia

EverBank

Welcome and Introduction

9:00 AM | 2023-09-21

Closing Remarks

4:50 PM | 2023-09-21

Mike Mascia

Head of Fund Finance | EverBank

Mike Mascia is the former Chair of Cadwalader, Wickersham & Taft’s Finance Group and was a member of the firm’s Management Committee. He had a globally recognized fund finance practice, having represented lenders in subscription credit facilities to real estate and private equity funds sponsored by many of the world’s preeminent fund sponsors. He has been lead counsel on numerous hybrid facilities, and is one of the few attorneys in the United States with experience in both subscription credit facilities and CLO’s. Mike represents lenders on leverage facilities to secondary funds and other credits looking primarily to fund assets or NAV for repayment. Mike is the founder of the annual Global Fund Finance Symposium and he is a founding member and the Secretary of the Funds Finance Association.

Nick Mitra

Société Générale

ABC's of Fund Finance

9:20 AM | 2023-09-21

Nick Mitra

Managing Director | Société Générale

Nick Mitra is a Managing Director in the Credit & Structured Financing platform at Société Générale. He is part of the team responsible for Capital Call, Hybrid, NAV facilities and PE Secondaries financings. Prior to joining Société Générale, Nick worked at Natixis where he headed the Capital Call financing business, 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 18 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.

Michael O’Connor

Conyers

Charlie Owens

Huntington Bank

Anthony Philp

Maples Group

Private Equity Fund Structures

10:25 AM | 2023-09-21

Anthony Philp

Partner | Maples Group

Anthony is a partner of Maples and Calder's Finance team in the Maples Group's Cayman Islands office. Anthony has an extensive and broad range of experience in debt capital markets, corporate financing and asset financing. He regularly advises hedge funds, private equity funds and banks on capital commitment fund financing as well as borrowers and lenders on aircraft financing. He also advises on CLO and structured product transactions and secured and unsecured banking transactions, in addition to regulatory, general corporate and commercial matters and all types of listings on the Cayman Islands Stock Exchange.

Georgina Pullinger

Appleby

Career Development Panel - NextGen Panel

4:00 PM | 2023-09-21

Georgina Pullinger

Partner | Appleby

Georgina Pullinger is a Partner in Appleby’s Cayman Islands office, who specialises in banking and finance and general corporate matters. She has extensive experience in all aspects of finance transactions, with a particular focus on fund finance.

Prior to joining Appleby, Georgina worked in project finance at Norton Rose Fulbright in both Australia and London, where she also undertook a six-month secondment at Citibank.

Georgina is ranked by Chambers as Band 3 in “Corporate & Finance” and by Legal 500 as a “Next Generation Partner – Banking, Finance & Capital Markets”.

Mary Touchstone

Simpson Thacher & Bartlett LLP

Private Equity Fund Structures

10:25 AM | 2023-09-21

Mary Touchstone

Partner and Head of Fund Finance Practice | 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.

Networking sponsored by

Conyers

Conyers is a leading international law firm with a broad client base including global financial institutions, Fortune 500 companies and asset managers. The Firm advises on Bermuda, British Virgin Islands and Cayman Islands law, from offices in those jurisdictions and in the key financial centres of Hong Kong, London and Singapore.

Conyers’ market-leading fund finance team in the Cayman Islands is dedicated to advising the world’s leading banks and financial institutions on all aspects of fund finance transactions involving Cayman parties including subscription-based, NAV and hybrid transactions. With a proven track record of acting for the leading players in the market we are ideally placed to assist you in structuring and completing complex transactions in a timely and efficient manner.

For more information, click here: https://www.conyers.com/legal-services/finance/fund-finance/

Reed Smith

Reed Smith is a market-leading international law firm specializing in fund finance. With more than 1,700 lawyers across 31 offices, we advise lenders and funds on capital call/subscription lines, NAV and asset-backed facilities, secondary funds facilities, hybrid facilities, co-investment and GP/manager support facilities and other fund liquidity facilities in Europe, the U.S., Asia and the UAE. We have one of the largest team of fund finance lawyers globally and provide specialist advice on the new and developing products in this area. Reed Smith has particular capability with financings of direct lending, secondary and PE funds. Reed Smith’s fund finance team sits within our Financial Industry Group, that contains more than 210 lawyers who provide dedicated multi-jurisdictional services to clients in the financial sector, focusing on finance, funds and investment management, regulatory, tax, litigation and commercial restructuring and bankruptcy.