bodog sportsbook review Time It’s Different? Developments in Leveraged Loan and Private Equity Cycle

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At bodog sportsbook review Cornerstone Research webinar, leading finance experts, attorneys, and economists addressed the growth in leveraged loans leading up to 2020.

In bodog sportsbook review timely presentation, leading finance experts, attorneys, and economists addressed the growth in leveraged loans leading up to 2020—including the role of private equity firms and the rise of CLOs—as well as more recent developments in these areas subsequent to the onset of COVID-19.

Speakers discussed potential litigation implications from these issues, the current macroeconomic environment, and increasing corporate debt levels. The panel also covered:

  • Differences between leveraged loans and traditional fixed income, particularly covenants, and their associated costs
  • Rise of non-bank institutional investors in the leveraged loan market, primarily driven by CLOs
  • Leverage characteristics of recent LBO transactions and the potential implications of other facets of recent trends in private equity
  • Similarities and differences between CLOs and the pre-crisis MBS market

Speakers

Andrea L. Eisfeldt

Laurence D. and Lori W. Fink Endowed Chair in Finance,
Professor of Finance,
UCLA Anderson School of Management,
University of California, Los Angeles

Mark J. Garmaise

Professor of Finance,
UCLA Anderson School of Management,
University of California, Los Angeles

David C. Smith

Virginia Bankers Association Eminent Professor,
McIntire School of Commerce,
University of Virginia

  • New York

Eric Bickford

Vice President

Additional Speaker

Andrew J. Ehrlich
Partner, Paul, Weiss