Historically, CLOs have been predominantly collateralized by Broadly Syndicated Loans (BSLs). As of late, however, there has been a marked uptick in middle market CLOs. Fueled by capital in-flows and the introduction of new market lenders providing collateral, 2021 was a banner year for new issuance totaling nearly $19 billion. Volumes are expected to remain robust in 2022 as Middle Market CLOs appeal to both managers and investors both as an area of diversification and as a structure that has shown resilience through the pandemic.

As an alternative to syndicated loans to fund small- to mid-market deals, direct lending activity by asset managers has similarly skyrocketed. As private debt matured, more lenders emerged. Institutional investors are increasingly attracted by higher yields, higher allocations, quicker execution, consistent risk-adjusted returns.

LSTA and DealCatalyst hosting in partnership, this inaugural Middle Market CLO and Direct Lending conference provides an opportunity for the market to network and discuss these important trends in middle market financing. Our program is drafted in consultation with LSTA leadership, and the Middle Market CLO/Direct Lending Advisory Board, ensuring timely and relevant content. Sponsors will receive access to a secure virtual data room and electronic roadshow to showcase forthcoming deals or manager profiles with participants before, during, and after the event.

EVENT DETAILS

Wednesday, June 15, 2022
7:30AM to 5:15PM (ET) | Conference
5:15PM to 6:15PM (ET) | Network Reception
Registration | Open to LSTA Members
Price | Available on Registration Page

LOCATION

Pier 60, Chelsea Piers
New York, NY 10011

Middle Market CLOs_Direct Lending (Jun 15 2022)

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