This edition provides valuable updates on market trends as well as policy and legal developments. As always, the issue kicks off with a letter from our Executive Director, Lee Shaiman. We then turn to Hugo Pereira from our market analytics and strategy team for an executive summary on the BSL Market Performance. Next, Meredith Coffey pens her final LSTA magazine article underscoring that leveraged loans and CLOs do not pose a systemic risk. This is followed by Elliot Ganz’s review of our advocacy work in 2023 and Ellen Hefferan’s announcement that our always-popular Ops Conference is back!

Next, Andrew Berlin takes a walk down memory lane with Meredith as she reflects on her time at the LSTA. Lastly, Tess Virmani comments on the Policy near-misses of 2023 as well as provides an update on the ESG Integrated Disclosure Project and Bridget Marsh highlights the growing suite of legal documents available for LSTA members.