The Next Gen New York team is pleased to announce its “2020 Vision” initiative. 2020 Vision will be a series of educational seminars focused on developing events in the market that will touch all aspects of our shared business: lending, fund management, and the law practices that bind us. 2020 Vision seminars will bring together seasoned fund finance veterans and future industry leaders to share collective experiences and insights in a collaborative, insightful atmosphere.
Join the team on the morning of March 13 for the inaugural seminar to discuss a topic we are all currently grappling with: LIBOR transition. Next Gen has assembled a panel of professionals actively engaged in addressing:
LIBOR’s current status as the go-to benchmark rate for $350 trillion in products and derivatives;
LIBOR’s history and manipulation in scandals within the last decade;
Public and private measures being taken globally towards the transition of a new benchmark; and
Lenders’ and fund managers' approach towards LIBOR’s phasing out in loan agreements today.
Featured speakers will include:
Jeffrey Nagle – Partner at Cadwalader, Wickersham & Taft LLP
Jeff is a Partner in Cadwalader’s Charlotte office with a focus on leveraged finance, distressed debt trading, asset-based lending, commodities financings, energy project financings and rescue financing, workouts, debtor-in-possession financings and exit financings. He is part of the firm’s team selected by the Federal Reserve’s Alternative Reference Rates Committee (ARRC) to assist in guiding the post-LIBOR financial world in developing best practices for fallback language across all cash products.
Scott Diamond – Deputy General Counsel at Sumitomo Mitsui Banking Corporation
Scott is Managing Director and Deputy General Counsel of Sumitomo Mitsui Banking Corporation in New York. He manages the investment banking legal group with a focus on securities, derivatives and similar financial products. For LIBOR discontinuance, Scott is a member of the firm’s overall steering committee and lead counsel for the project.
Moderator: Jorge Grafal – Vice President at Mizuho Group
