1
Where do BDCs go from here? Thomson Reuters LPC 4 th Annual Middle Market Loans Conference April 27, 2016 Moderator: Kevin Sunday, Managing Director Wells Fargo Securities Panelists: Joshua Easterly, Director and Chairman of the Board TPG Specialty Lending, Inc. Michael Gross, Founder Solar Capital Brad Marshall, Senior Managing Director & Portfolio Manager for FS Investment Corporation GSO / Blackstone Brendan McGovern, Chief Executive Officer and President Goldman Sachs BDC, Inc.

Where do BDCs go from here? - Reutersshare.thomsonreuters.com/loanpricing/2016_MM_Conf/4.00_Wells.pdf · Where do BDCs go from here? ... Kevin Sunday, Managing Director . Wells Fargo

  • Upload
    vothien

  • View
    219

  • Download
    0

Embed Size (px)

Citation preview

Page 1: Where do BDCs go from here? - Reutersshare.thomsonreuters.com/loanpricing/2016_MM_Conf/4.00_Wells.pdf · Where do BDCs go from here? ... Kevin Sunday, Managing Director . Wells Fargo

Where do BDCs go from here?

Thomson Reuters LPC 4th Annual Middle Market Loans Conference

April 27, 2016 Moderator: Kevin Sunday, Managing Director Wells Fargo Securities

Panelists:

Joshua Easterly, Director and Chairman of the Board TPG Specialty Lending, Inc. Michael Gross, Founder Solar Capital Brad Marshall, Senior Managing Director & Portfolio Manager for FS Investment Corporation GSO / Blackstone Brendan McGovern, Chief Executive Officer and President Goldman Sachs BDC, Inc.

BDCS Guide.pdf

BDCS Guide.pdf

Documents
Part I. NOS Directory Data Store(directory service, database) Located on Domain Controllers (DCs), globally distributed, replicated (no longer PDCs/BDCs)

Part I. NOS Directory Data Store(directory service, database) Located on Domain Controllers (DCs), globally distributed, replicated (no longer PDCs/BDCs)

Documents
LOANCONNECTOR QUICK REFERENCE GUIDEshare.thomsonreuters.com/loanpricing/lc3/resources/new_lc_guide_a… · calendars, pricing grids, historical data, industry analysis and much more,

LOANCONNECTOR QUICK REFERENCE GUIDEshare.thomsonreuters.com/loanpricing/lc3/resources/new_lc_guide_a… · calendars, pricing grids, historical data, industry analysis and much more,

Documents
Fast start program · UnFranchise Business Presentation 1 UnFranchise Management System (UFMS) - (2 months service) CoNTaiNs: Master UnFranchise ® Business (300BV & 3 BDCs) | Independent

Fast start program · UnFranchise Business Presentation 1 UnFranchise Management System (UFMS) - (2 months service) CoNTaiNs: Master UnFranchise ® Business (300BV & 3 BDCs) | Independent

Documents
A History of BDCS and Why They're Rising Quickly

A History of BDCS and Why They're Rising Quickly

Business
GSZ Loanpricing JFM final - Weatherhead School of Management

GSZ Loanpricing JFM final - Weatherhead School of Management

Documents
Middle Market Investing: Surveying the Runwayshare.thomsonreuters.com/loanpricing/2017_MM_Conf/... · 2 Important Disclosures KeyBanc Capital Markets is a trade name under which corporate

Middle Market Investing: Surveying the Runwayshare.thomsonreuters.com/loanpricing/2017_MM_Conf/... · 2 Important Disclosures KeyBanc Capital Markets is a trade name under which corporate

Documents
Six Reasons Why CEOs Should Know About BDCs

Six Reasons Why CEOs Should Know About BDCs

Business
Dalil final 2raqmyon.com/RaqmyonGuideV1.pdfClick here Click here Click here Click here Click here Click here Click here Click here ﻢﺳﻹا نﺎﻜﻤﻟا ﻊﻗﻮﻤﻟا ﻂﺑار

Dalil final 2raqmyon.com/RaqmyonGuideV1.pdfClick here Click here Click here Click here Click here Click here Click here Click here ﻢﺳﻹا نﺎﻜﻤﻟا ﻊﻗﻮﻤﻟا ﻂﺑار

Documents
Development Companies (“BDCs”) and Main Street Capital Corporationweb1.amchouston.com/flexshare/002/CFA/Affiniscape/032112 Foster... · A BDC must distribute at least 90% of its

Development Companies (“BDCs”) and Main Street Capital Corporationweb1.amchouston.com/flexshare/002/CFA/Affiniscape/032112 Foster... · A BDC must distribute at least 90% of its

Documents
The ABCs of BDCs - Home - Publicly Traded Private Equity ·  · 2018-03-28The ABCs of BDCs Steven B. Boehm, Partner Cynthia M. Krus, Partner November 10, 2010

The ABCs of BDCs - Home - Publicly Traded Private Equity ·  · 2018-03-28The ABCs of BDCs Steven B. Boehm, Partner Cynthia M. Krus, Partner November 10, 2010

Documents
Debt Valuations for PE and BDCs

Debt Valuations for PE and BDCs

Documents
REUTERS / Firstname Lastnameshare.thomsonreuters.com/loanpricing/LoanMonthly/...Hugo.Pereira@tr.com 1-646-223-6818 REUTERS / Firstname Lastname Contents: Key Points Slides 3-6 Leveraged

REUTERS / Firstname Lastnameshare.thomsonreuters.com/loanpricing/LoanMonthly/[email protected] 1-646-223-6818 REUTERS / Firstname Lastname Contents: Key Points Slides 3-6 Leveraged

Documents
QUARTERLY CLOSED-END FUND & BDC REVIEW AND OUTLOOK• CEF & BDC News/SEC Alert & “CEFA’s Closed-End Fund Universe” Report (w/ BDCs). ... CEFs / BDCs powered by CEFdata.com. Adding

QUARTERLY CLOSED-END FUND & BDC REVIEW AND OUTLOOK• CEF & BDC News/SEC Alert & “CEFA’s Closed-End Fund Universe” Report (w/ BDCs). ... CEFs / BDCs powered by CEFdata.com. Adding

Documents
NASDAQ – GS: MAIN Introduction to Business Development Companies (BDCs) and Main Street Capital Corporation NYSE: MAIN M A I N NYSE

NASDAQ – GS: MAIN Introduction to Business Development Companies (BDCs) and Main Street Capital Corporation NYSE: MAIN M A I N NYSE

Documents
PROSPECT CAPITAL CORPORATION · Prospect Capital is one of the largest multi-line Business Development Companies (BDCs), providing debt financing to private middle-market companies

PROSPECT CAPITAL CORPORATION · Prospect Capital is one of the largest multi-line Business Development Companies (BDCs), providing debt financing to private middle-market companies

Documents
Collateralized loan obligation (Clo) evaluation Methodologyshare.thomsonreuters.com/loanpricing/CLO_Evaluation_methodology.pdf · Collateralized loan obligation (Clo) evaluation Methodology

Collateralized loan obligation (Clo) evaluation Methodologyshare.thomsonreuters.com/loanpricing/CLO_Evaluation_methodology.pdf · Collateralized loan obligation (Clo) evaluation Methodology

Documents
Thomson Reuters LPC Middle Market Loans Conference The …share.thomsonreuters.com › loanpricing › 2016_MM_Conf › 9.45... · 2016-04-25 · James Hussney 3559 jhussney@key

Thomson Reuters LPC Middle Market Loans Conference The …share.thomsonreuters.com › loanpricing › 2016_MM_Conf › 9.45... · 2016-04-25 · James Hussney 3559 jhussney@key

Documents
FAST START PROGRAM ME - Motives Cosmetics Blog€¦ · FAST START PROGRAM ME CONTAINS: Master UnFranchise ® Business Development Centre (3 BDCs) | Web Portal & Independent Distributor

FAST START PROGRAM ME - Motives Cosmetics Blog€¦ · FAST START PROGRAM ME CONTAINS: Master UnFranchise ® Business Development Centre (3 BDCs) | Web Portal & Independent Distributor

Documents
BDCs For Income-Starved Clients...BDCs For Income-Starved Clients MODERATOR Michael Zmistowski, Chairman Financial Planning Advisors, LLC PANELISTS Tom Alonso, Vice President of Investor

BDCs For Income-Starved Clients...BDCs For Income-Starved Clients MODERATOR Michael Zmistowski, Chairman Financial Planning Advisors, LLC PANELISTS Tom Alonso, Vice President of Investor

Documents
THOMSON REUTERS LPC’S FIFTH ANNUAL MIDDLE MARKET LOANS ...share.thomsonreuters.com/loanpricing/2017_MM_Conf/9.00_Barza.pdf · TR LPC's 5th Annual Middle Market Loans Conference

THOMSON REUTERS LPC’S FIFTH ANNUAL MIDDLE MARKET LOANS ...share.thomsonreuters.com/loanpricing/2017_MM_Conf/9.00_Barza.pdf · TR LPC's 5th Annual Middle Market Loans Conference

Documents
Emerging Issues for Private BDCs...• BDC assets aggregated approximately $90 billion through 2017 # of new BDCs 0 5 10 15 20 Traded Non-traded Private The BDC Industry Today •

Emerging Issues for Private BDCs...• BDC assets aggregated approximately $90 billion through 2017 # of new BDCs 0 5 10 15 20 Traded Non-traded Private The BDC Industry Today •

Documents
SPD BS BDCS SS CDS PPP - · PDF file | • FOR REFERENCE ONLY • + ARE we there yet?+ +

SPD BS BDCS SS CDS PPP - · PDF file | • FOR REFERENCE ONLY • + ARE we there yet?+ +

Documents
LEVERAGED LOAN MONTHLY - Thomson Reutersshare.thomsonreuters.com/loanpricing/LoanMonthly/... · •Although the secondary market remains highly bid, the share of loans bid in the

LEVERAGED LOAN MONTHLY - Thomson Reutersshare.thomsonreuters.com/loanpricing/LoanMonthly/... · •Although the secondary market remains highly bid, the share of loans bid in the

Documents
GOLD SHEETS - Reutersshare.thomsonreuters.com/loanpricing/GS_Dec162013.pdfGOLD SHEETS Vol XXVII, No. 48 A Thomson Reuters LPC Publication December 16, 2013 5 THINGS TO KNOW ••

GOLD SHEETS - Reutersshare.thomsonreuters.com/loanpricing/GS_Dec162013.pdfGOLD SHEETS Vol XXVII, No. 48 A Thomson Reuters LPC Publication December 16, 2013 5 THINGS TO KNOW ••

Documents
ALTY ETF › content › files › ALTY-factsheet...Western Asset Mrtg Opp Fund Inc 2.83% Voya Global Equity Dividend Fund 2.66% REIT 20.13% BDCs、プライベート・ エクイティ

ALTY ETF › content › files › ALTY-factsheet...Western Asset Mrtg Opp Fund Inc 2.83% Voya Global Equity Dividend Fund 2.66% REIT 20.13% BDCs、プライベート・ エクイティ

Documents
How Do BDCs Fare Against Traditional Investments?

How Do BDCs Fare Against Traditional Investments?

Business
REUTERS / Toby Melvilleshare.thomsonreuters.com/loanpricing/LoanMonthly/Leveraged_Loan_Monthly_Jul_2018.pdfLBO purpose volume is flat YoY at $55 billion . ... The trailing twelve -month

REUTERS / Toby Melvilleshare.thomsonreuters.com/loanpricing/LoanMonthly/Leveraged_Loan_Monthly_Jul_2018.pdfLBO purpose volume is flat YoY at $55 billion . ... The trailing twelve -month

Documents
14. Bonner Dialog für Cybersicherheit (BDCS) Der Transfer von … · 2020. 8. 24. · Prokurist / Syndikusrechtsanwalt Dr. Hans Günther Axe Assekuranz Versicherungsmakler GmbH Adenauerallee

14. Bonner Dialog für Cybersicherheit (BDCS) Der Transfer von … · 2020. 8. 24. · Prokurist / Syndikusrechtsanwalt Dr. Hans Günther Axe Assekuranz Versicherungsmakler GmbH Adenauerallee

Documents
Policy Uncertainty Trumps Growth Outlookshare.thomsonreuters.com/loanpricing/2017_MM_Conf/LUNCHEON_… · Level Of Trust Among General Population Is Higher in EMs than AEs The Trust

Policy Uncertainty Trumps Growth Outlookshare.thomsonreuters.com/loanpricing/2017_MM_Conf/LUNCHEON_… · Level Of Trust Among General Population Is Higher in EMs than AEs The Trust

Documents