NEW YORK–(BUSINESS WIRE)–The Loan Syndications and Trading Association (LSTA) today announced a new partnership with DealCatalyst, bringing together LSTA’s loan market leadership with DealCatalyst’s hybrid digital and physical conferencing platform.
“We were very impressed with DealCatalyst’s vision to combine in-person events with technology,” says Lee Shaiman, executive director of LSTA in New York. “This will add a whole new dimension to our traditional conference program by adding additional deal-making capability to the event.
The first event under this partnership will be Middle Market CLO and Direct Lending in New York at Pier 60, Chelsea Piers on June 15.and, 2022. Fueled by capital inflows and the introduction of new market lenders providing collateral, 2021 was a record year for new mid-market CLO issuance totaling nearly US$19 billion. Direct lending also saw an uptick, with asset managers offering an attractive source of alternative financing for small and medium-sized enterprises (“SMEs”) and for institutional investors as a higher-yield, adjusted-yield product. at risk.
The conference program is developed by LSTA staff and members in conjunction with DealCatalyst’s Middle Market CLO and Direct Lending Advisory Council. The hybrid format expands the investor audience beyond US borders, to include foreign investors interested in the US market.
In addition to the traditional conference format, the LSTA has announced a new series of regional business networking events for the CLO and leveraged loan industry. The Covid-19 pandemic has made large-scale gatherings difficult. Alternatively, these events will target the main geographic centers of activity of CLO managers and investors.
“The past two years have shown that a hybrid approach to business is here to stay,” says Jade Friedensohn, co-founder and CEO of DealCatalyst. “Our partnership with LSTA brings together the best of in-person events with our breakthrough digital capability to close deals around those events.
The benefits of this new partnership include:
Relevant and timely content with extensive coverage on the CLO Middle Market and the Direct Lending Market programmed in conjunction with the LSTA DealCatalyst Middle Market and Direct Lending Advisory Board.
A full day of strong in-person networking opportunities with a carefully selected balance of issuers and investors.
Transaction marketing software included for all attendees before, during, and after the event to support market transaction in a secure and compliant manner.
A series of regional business networking events.
DealCatalyst’s rigorous Meet-Safe Covid-19 on-site protocols include proof of vaccination and negative test status.
Since 1995, the Loan Syndications and Trading Association (LSTA) has been the industry’s premier platform for all participants in the rapidly evolving syndicated loan market. Thanks to its members, who include a who’s who of thought leaders from leading companies, industry-wide – including buying, selling and support services (legal, accounting, consulting, technology, analysis, clearing and settlement) – the LSTA has remained singularly focused on its core mission: to promote a fair, orderly, efficient and growing corporate lending market while advancing and balancing the interests of all market participants.
DealCatalyst is a hybrid digital and physical conferencing platform specializing in connecting global capital markets through its physical and in-person dealing conferences and deal marketing software.