CreditSights High Yield Conference: Milan

Thursday, June 8th from 9:00 - 14:00 CEST

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Event Details

Thursday, June 8th
2023
Hotel Principe di Savoia, Milan

Event Details

9:00 – 14:00 CEST
Registration opens at 08:30am
High Yield Research

Join the CreditSights team on Thursday 8th June for our High Yield Conference in Milan.

Our team of research analysts, lawyers and reporters will be back this year to discuss current themes and trends in the High Yield market. We will also be joined by guest speakers from Fedesa, Ver Capital SGR and UniCredit, for our High Yield Market Panel, to share their industry expertise.

 

The conference will be followed by a networking lunch and the opportunity to connect with our team and others within the industry.

 

Seats are limited; register today to reserve your spot today!
View Agenda

If you have any questions, reach out to the events team at events@creditsights.com

Agenda:

08:30am - REGISTRATION OPENS

9:00am - Introductory Remarks

Brian Studioso: European Head of Research, CreditSights

9:05am - HY Market Panel

Alberto Gesualdi: Partner, Ver Capital SGR
Brian Studioso: European Head of Research, CreditSights
Kirsten Heenan: Senior Covenants Analyst, Covenant Review
Luke Millar: Global Editor-in-Chief, LevFin Insights
Mario Cavaggioni: Bond Portfolio Manager, Fedesa
Makram Nadda: Managing Director, Head of Non-Investment Grade Syndicate, UniCredit
An appraisal of 2023’s key trends in European High Yield and Leveraged Finance, and a look ahead to prospects for issuance, pricing, credit risk, documentation and more. We will be joined by guest speakers from Fedesa and UniCredit.

9:45am - Special Situations Panel

Glenn Zahn: Senior Special Situations Analyst, CreditSights
Ash Nadershahi: Senior Manufacturing Analyst, CreditSights
Mary Pollock, CFA: Senior Real Estate Analyst, CreditSights
Amarveer Singh: Senior Food Retail & Gaming Analyst, CreditSights

10:25am - Consumer Close-Up: Interesting Times

Glenn Zahn: Senior Special Situations Analyst, CreditSights
Amarveer Singh: Senior Food Retail & Gaming Analyst, CreditSights
Samik Majumdar: Senior Consumer & Retail Analyst, CreditSights
Luke Millar: Global Editor-in-Chief, LevFin Insights
Kirsten Heenan: Senior Covenants Analyst, Covenant Review
We discuss key themes, trends and issuers in the Consumer & Retail space.

11:05am - BREAK

11:15am - Real Estate: The House that the ECB Built

Mary Pollock, CFA: Senior Real Estate Analyst, CreditSights
It is no secret that the European CRE market is a casualty of 2022’s sudden shift in interest rates. We examine the good and the bad sector trends as well as the near term outlook.

11:35am - Banks: Liquidity and Profitability Outlook Post Recent Banking Failures

Paola Biraschi: Senior Banks Analyst, CreditSights
We assess credit fundamentals and identify investment opportunities amongst European banks, addressing any potential read across stemming from recent banking resolutions.

11:55am - TMT: Funding a Fibre Future

Mark Chapman: Senior TMT Analyst, CreditSights
As consensus forms around fibre to the home as the technology of choice, HY telcos and cablecos must keep up sufficient investment while attempting to rebalance towards free cash flow generation in the face of rising rates.

12:15pm - Basic Industries: Flexing the Risk / Reward Equation

Andrew Belton: Senior Global Building Materials & Construction, European Basics & Transportation Infrastructure Analyst, CreditSights
As we approach the mid-point of 2023, we consider whether yields across the EUR HY Basics space provide sufficient compensation for the Sectors’ mix of macro risk and idiosyncratic stories.

12:35pm - LUNCH

Speakers:

Senior Special Situations Analyst at CreditSights

Glenn Zahn

Glenn joined CreditSight’s in July 2022 as a Senior Analyst focused on special situations. Prior to joining CreditSights, Glenn worked for 2 years at Seaport Global and for 5 years at Commerzbank as an analyst covering high yield and distressed bank loans. Prior to that, Glenn spent 5 years at F&C Asset Management covering European and North American high yield credits. He began his career in 1998 at Donaldson, Lufkin and Jenrette in their New York office as a junior analyst in leveraged finance. Glenn graduated from Binghamton University in New York with a B.A. in history and German.
European Head of Research at CreditSights

Brain Studioso

Brian is CreditSights’ European Head of Research. Prior to this role, he led the team covering the European Autos and Industrials sectors. Brian’s primary European coverage responsibilities as a Senior analyst has cut across High Grade and High Yield European Autos, Capital Goods, Airlines and Transportation sectors. He joined the Industrials team in New York at CreditSights in 2003, where he covered IG and HY credits across the Aerospace & Defense, Rail, Freight & Logistics, and European Airlines sectors, before moving to London in 2008 to help build out our European Autos coverage and support the European High Yield effort. Prior to CreditSights, Brian worked as a mechanical design engineer for Trumpf Inc. (1999-2001), which allowed him to bring experience in the industrial manufacturing industry to his role as analyst. Brian earned an MBA from Baruch College's Zicklin School of Business, and received a Bachelor of Science in Mechanical Engineering and Bachelor of Arts in German from the University of Connecticut in 1999.
Mary Pollock
Senior European IG & HY Real Estate Analyst at CreditSights

Mary Pollock

Sandrine Bradley joined LevFin Insights as a senior reporter in June 2022. Prior to that she was a senior correspondent for IFR Magazine, LPC and Thomson Reuters news service, covering the European debt restructuring market and the CEEMEA primary loan market. She was also editor of IFR’s spin off Magazine IFR Buyouts, and started her career in financial journalism as a mid-market reporter and then editor for Thomson Financials’ Acquisitions Monthly Magazine
Senior European Food, Retail & Gaming Analyst at CreditSights

Amarveer Singh

Amarveer joined Creditsights in 2020 as an Analyst in the European Consumer and Retail sector. Amarveer has over 7 years of experience working as a credit analyst, initially at BNP Paribas and most recently at an independent high yield credit research firm. He holds a Masters in Finance from the London Business School and an MBA from the Indian Institute of Management Bangalore.
Senior Covenant Analyst at Covenant Review

Kirsten Heenan

Kirsten attended Duke University and Harvard Law School before starting her career in New York at Cahill Gordon. She has experience in a wide variety of capital markets transactions, particularly with respect to 144A / Reg S high yield debt financings, along with private placements and equity issuances. Before joining Covenant Review, Kirsten was a European high yield specialist in the London offices of Cahill Gordon and Weil, and also spent a year in the U.S. as a REITs specialist at Alston & Bird. Kirsten joined Covenant Review in 2019.
Senior European Consumer & Retail Analyst at CreditSights

Samik Majumdar

Samik joined Creditsights in 2022 as a senior analyst in the European Consumer and Retail sector. Samik has over 15 years of experience working as a credit analyst, most recently at UBS as a sell side analyst covering Retail and TMT, and prior to that on the Buyside. He received a Masters in Finance from London Business School and holds a B.Tech. degree in Chemical Engineering from IIT Delhi. Samik has been a CFA charterholder since 2012.
Senior European Banks Analyst at CreditSights

Paola Biraschi

Paola brings over 20 years of experience in covering banks, with a specific focus on Southern European banks. Paola spent most of her career as a banks equity research analyst at Lehman Brothers/Nomura. More recently, she was responsible for RBS' financial credit strategy. At CreditSights she covers Italian, Spanish, Turkish and GCC banks. Paola graduated in Economics with honours from Bocconi University, in Milan (Italy), and won an exchange placement on the second year MBA program at the Kenan Flager Business School (Chapel Hill, NC).
Senior European High Yield Manufacturing Analyst at CreditSights

Ash Nadershahi

Ash joined CreditSights in 2022 and is primarily responsible for covering the European high yield manufacturing sector. Prior to joining CreditSights, Ash worked as a credit analyst/Portfolio Manager for Three Bridge Capital focusing on European event driven credit. Previously, Ash had been a credit analyst/Portfolio Manager for DMBL responsible for running a long/short European high yield strategy after successful periods on the sell-side with Credit Agricole CIB and BNP Paribas. Ash also completed internships at Deutsche Bank and Credit Suisse before joining BNP Paribas on the graduate programme. Ash received his Bachelor degree in Public Policy, Management and Government from University of Birmingham in 2008.
Senior TMT Analyst at CreditSights

Mark Chapman

Mark is President of CreditSights’ European business and sits on the firm’s executive committee. Prior to becoming President of CreditSights Ltd, Mark was Co-Head of European High Yield and a Senior Analyst covering the European Telecoms and Media sectors. Before joining CreditSights in 2007, Mark worked in Shanghai as a project manager with Chinese market research firm C-Insight. He received a BA degree in international studies and religious studies from Colby College in 2005 and a graduate diploma in China studies from Johns Hopkins University-Nanjing University. Mark is a CFA Charterholder.
Global Editor in Chief at LFI

Luke Millar

Luke Millar joined as Editor-in-chief at LevFin Insights in 2021. Prior to this he was a director and managing editor at Leveraged Commentary & Data (LCD), where he covered all aspects of the leveraged finance market for 10 years. Before that, he covered the credit markets for IFR’s real time new service.
Senior Global Building Materials & Construction, European Basics & Transportation Infrastructure Analyst at CreditSights

Andrew Belton

Andrew joined CreditSights in April 2006 as Senior Analyst. He directly covers the Global Building Materials & Construction sectors, as well as coordinating European Basic Industries coverage at CreditSights. He also oversees the team that covers the European Chemicals and European Transportation Infrastructure sectors. Andrew joined from Citigroup, where he was Head of European Ratings Advisory, helping rated and unrated issuers to present their credit story to the Rating Agencies, and providing ratings related advice to the bank's Capital Markets business. His experience at Citigroup included a diverse set of industrial issuers including (amongst others): hotels and leisure, transport infrastructure, capital goods, and in particular, building materials. Prior to joining Citigroup in 1996, Andrew was a corporate analyst at the rating agency IBCA (now part of Fitch Ratings). He started his career at Hambros Bank in 1988, where he worked as Deputy Head of Credit Analysis within the Corporate Banking franchise. Andrew was awarded an MA in Finance and Investment from Exeter University and also holds a BA (Hons) in Economics from Coventry University.
Partner at Ver Capital SGR

Alberto Gesualdi

- Graduated in Economic studies from University of Verona (specialization econometrics)
- 2004-05 Financial analyst – HVB Bank (Italy – Germany)
- 2005-07 Credit Analyst – Cattolica Assicurazioni
- 2007-2013 PM in Life segment, covering the credit fixed income – Cattolica Assicurazioni (c. 4b AUM)
- 2013-2016 Head of prop desk / head of non life segment, covering the whole fixed income investment segment– Cattolica Assicurazioni (c. 4b AUM)
- 2016- Senior Analyst covering the whole fixed income segment, mostly invested in credit– Fedesa SAM (Monaco)
Managing Director, Head of Non-Investment Grade Syndicate at UniCredit

Makram Nadda