Focus Concerned with operational accuracy and efficiency, this subcommittee works to develop best practices and market standards for private credit. Objective(s) Recommend strategic and tactical best practices for deal structure and closing, loan servicing and maintenance, and trading and settlement to achieve operational accuracy and efficiency Discuss and standardize agency responsibilities set forth in credit...
Focus This committee monitors and analyzes legislative and regulatory developments affecting the corporate lending market. Objective(s) Guide LSTA Policy & Advocacy priorities and strategy Educate members on state and federal developments with the potential to their market sector Frequency Monthly Open / relevant to Individuals at member firms involved in public policy, government affairs and...
Focus Composed of more than 30 LSTA member institutions active in private credit – including the 12 Private Credit Senior Advisory Committee members – the PCMC assists LSTA in executing the strategy and initiatives proposed by the Senior Advisory Committee. Frequency Monthly Open / relevant to Senior representatives of member firms who are subject matter...
Focus Created to directly advise LSTA on the identification and prioritization of private credit initiatives, this committee is comprised of 12 member institutions active in, and impactful to, private credit. Objective(s) Ensure LSTA is delivering on its mission to listen to, represent and benefit private credit market members Frequency Quarterly Open / relevant to Senior...
Focus In the service of a more efficient and orderly corporate loan market, this committee articulates product and market changes and helps to implement new operational and technological initiatives. Objective(s) Publish best-practice recommendations Educate market participants and facilitate collaborative discussions Facilitate interoperability among different market participants for key business functions – e.g., data relevant to...
Focus This committee was created to share information and best practices while responding to regulations and market issues impacting funds’ ability to operate in the loan space. Objective(s) Engage with the SEC on potential changes that might impact funds, such as the proposed amendments to the liquidity risk management rules Frequency As needed Open /...
Focus This strategic committee explores initiatives that help ensure the highest level of pricing accuracy in the secondary loan market, then submits its findings and recommendations to the LSTA Board. Objective(s) Determine which aspects of MTM pricing can be impacted by LSTA, rather than by market solutions Review and identify potential improvements LSTA can make...
Focus This committee was formed to drive new sustainability initiatives in the context of corporate loans. Interested? Contact Elizabeth Yazgi, Committee Chair (212) 880-3016eyazgi@lsta.org...
Focus This consensus-driven committee is tasked with assessing, articulating, recommending and implementing operational, documentation and technological changes to improve settlement. Objective(s) To effect changes that will directly result in a move efficient and orderly syndicated loan market. Honest debate is encouraged. Frequency As needed. Open / relevant to Senior operations leadership of the identified member...
Focus This group’s mission is to represent the common interests of this constituency through a variety of strategic and tactical initiatives, while also ensuring alignment with the LSTA organization and membership. The group meets on the third Wednesday of each month at 11 a.m. ET. Objective(s) Proactively advocate for best-practice recommendationsBuild consensus across providers, where...
Focus This committee provides a forum for the discussion of operational issues and initiatives from a buy-side perspective. It meets on the second Tuesday of each month at 2 p.m. ET. Objective(s) To provide an opportunity to raise and clarify any relevant issues, such as those related to trading, settlement, pricing, payment, identifiers, onboarding, KYC...
Focus This committee focuses on a wide variety of strategic and tactical initiatives related to loan servicing and settlement – aimed at achieving operational accuracy and efficiency. Objective(s) Assess current loan servicing and settlement policies and procedures Explore areas for improvement Standardize content and information flows as workflow efficiencies are identified Frequency Quarterly Open /...
