Senior Independent Economic Adviser, UBS
George is an independent economist and commentator, and Associate at the China Centre, Oxford University, and an external senior adviser to UBS.
He was the Chief Economist, and then Senior Economic Adviser at UBS Investment Bank from 1995-2012. During this period, he served for four years as the Chair of the Investment Committee of the pension and life assurance fund. Previously, he held roles with SG Warburg, Laurie Milbank/Chase Securities, and Bank of America.
George is a regular contributor to the Financial Times, Prospect Magazine, BBC TV and radio, Bloomberg TV and other outlets. His written work and a blog can be found on his website at www.
His book’s include, The Age of Aging, an investigation of the effects of demographic change on the global economy, and Uprising: Will emerging markets shape or shake the world economy? – an examination of the rise of China and other major emerging markets.
Non-Executive Director, Chair of the Board
Helena joined Newton Investment Management in 1994 as a Fixed Income Fund Manager and was appointed CEO in 2001. In August 2016 she was appointed Non-Executive Chairman. Newton manages around £50bn for pension funds, charities and through funds available to individuals.
In June 2014 Helena was appointed Chair of The IA, the UK’s industry trade body whose members manage £5tn and in July 2015, Helena was appointed to the UK’s Financial Services Trade and Investment Board.
In 2010, she founded the 30% Club, a cross-business initiative aimed at achieving 30% women on UK corporate boards by 2015 through voluntary, business-led change. This has now become an international approach, with 30% Clubs in the US, Hong Kong, Ireland, East and Southern Africa, Australia and Malaysia. She also chairs Opportunity Now, Business in the Community’s gender
Helena has been named one of Fortune Magazine’s World’s 50 Greatest Leaders. In 2013 and 2014 she was voted one of the 50 Most Influential People in Finance globally by Bloomberg Markets.
She is a Fellow of the Society of Investment Professionals, a Fellow of the London Business School and a Fellow of the Chartered Institute of Management Accountants. She was appointed CBE in
the 2012 New Year’s Honours list.
A Cambridge philosophy graduate, she began her career with Schroders in New York.
Head of Credit Strategy
Ben is the Head of Credit Strategy, focusing on allocation within the credit funds as well as providing credit input to macro strategies. He joined Legal & General Investment Management in 2008, having spent the previous three years at Lehman Brothers as a director within the bank’s credit strategy function.
Ben has 14 years’ experience in credit strategy, and holds an MA in Mathematics from Queens’ College, Cambridge University, graduating in 1999.
Assistant Director and Senior Economist
Rodolphe is Assistant Director and Senior Economist of the European Offices of the IMF, and has held a number of positions since 2001. He covered key policy issues for emerging and advanced economies – in particular related to macro-financial linkages – and has been involved in the negotiation and monitoring of fundsupported programmes. In the context of the crisis, he joined the Strategy Unit and then the IMF Offices in Europe, dealing with key IMF reforms, crisis-related and G20 issues. Before his career at the Fund, Rodolphe worked at Lehman Brothers as a derivatives trader, and at J.P. Morgan as an M&A analyst. He read doctoral studies at Cambridge University, and is a graduate from Sciences Po in Paris and the ESSEC business school.
Managing Director and Co-Head of High Yield Debt
Mathias is a Managing Director at ING and co-heads the High Yield Debt Capital Markets department. He has 25 years of investment banking and leveraged finance experience having worked at J.P. Morgan and Morgan Stanley in New York and London prior to joining ING in 2011. He has a Bachelor’s degree in Economics and a MBA degree in Finance from the University of Rochester in upstate New York.
Simone is a Partner in Freshfield’s leveraged finance practice. She has extensive experience representing financial sponsors, underwriters and issuers in high yield bond offerings, leveraged buy-outs, debt restructurings and other corporate finance transactions. Before joining the firm in 2011, Simone practiced in New York for 10 years focusing on high yield and other corporate finance transactions. While US-educated, Simone’s background is Swiss and she is fluent in German, French and Spanish.
Pierre-Marie is a Partner based in the London office. Pierre-Marie practice focuses on international capital markets transactions, with a particular focus on U.S. securities law matters and high yield debt offerings. He is internationally distinguished as a leading capital markets lawyer by Chambers Global, Chambers UK and The Legal 500 UK. Chambers UK and The Legal 500 UK recognize in particular his expertize as a high-yield specialist. He is a member of the New York and Paris Bars.
Paul is a Partner in the London capital markets group White & Case. His practice is focused on high yield debt offerings, as well as restructurings, tender offers and other liability management exercises. Paul has significant experience in leveraged finance and acquisition finance across all leveraged products and structures. He acts for both underwriters and issuers across the EMEA region.
Michael is Global Head of High Yield at Clifford Chance and has extensive experience advising private equity sponsors, issuers and underwriters on high-yield debt and leveraged finance transactions in Europe, the US and Asia.
He became a partner of Clifford Chance in 2005, after a period as a senior associate with Cahill Gordon & Reindel LLP in New York and London. Michael is Vice-Chairman of the Board of Directors of AFME/EHYA, and has spoken at many conferences and seminars, as well as publishing numerous articles and briefings on leveraged finance topics.
Global Head of High Yield Capital Markets
Tanneguy was promoted to Global Head of High Yield Capital Markets at Société Générale in September 2010. Additionally, up until August 2011, Tanneguy was also Co-Head of European Loan Syndicate - a position held since September 2008. Prior to his appointment, Tanneguy spent 17 years at BNP. He was one of the founding members of the High Yield effort, first in New York in 1998 and then in London in 2000 where he established a team. Tanneguy holds a BA from Dauphine University in Paris, and an MBA in Finance and International Business from the City University of New York
Managing Director and Head of European Leveraged Finance
Ed is Managing Director and Head of European Leveraged Finance at Fitch Ratings. He leads a team of 17 analysts dedicated to Fitch’s portfolio of over 400 European leveraged loan and high yield bond issuers. In addition to issuer analysis, the Leveraged Finance team publishes regular statistical updates, special reports and commentary on trends and developments in European leveraged credit markets. Prior to joining Fitch in 2003, Edward was as an investment banker in Leveraged Finance, Capital Markets and Credit Research at Credit Suisse, Deutsche Bank and Merrill Lynch. He is a graduate of the College of the Holy Cross in Worcester, Massachusetts, and the School of International and Public Affairs at Columbia University in New York.
Christopher is the Managing Director at Houlihan Lokey’s Financial Restructuring Group, with more than a decade of experience advising clients on financial restructuring, distressed M&A, capital raising, securitisation structuring and valuations. He is based in the firm’s London office.
Since joining Houlihan Lokey, Christopher has been involved in a number of restructuring transactions in the US and Europe. His disclosable engagements include Allegiance Telecom, Inc, Ormet Corp, Milacron LLC, and Tropical Sportswear International Corp in the US, and Sea Containers Ltd, Damovo Group SA, Linpac Group Ltd, Truvo, Wind Hellas, Ferretti SpA, Hibu plc, Punch Taverns plc, Invitel, PHS Group plc, Gulf Keystone Petroleum Ltd, Waste Italia and Brunswick Rail Ltd in Europe.
Prior to joining the firm, Christopher was an analyst in the Corporate Banking Group of The Northern Trust Corp, where he focused on commercial lending and workouts.
Christopher holds a BA in Economics from the University of Michigan.
Co-Head of European Research
Sabrina directs Covenant Review’s high-yield research in Europe, which publishes covenant research on primary issuances and event driven reports on credit specific events. Prior to joining Covenant Review, Sabrina worked for over 12 years as a capital markets finance lawyer with a focus on high-yield debt at top U.S. and City law firms. Covenant Review is the authority on bond and loan covenants, and a sister company to CapitalStructure, which provides first to market sub-investment grade and distressed news and research.
Co-Head of EMEA Leverage Capital Markets
Luke is Co-Head of EMEA Leverage Capital Markets at Goldman Sachs. He joined Goldman Sachs in 2001 and has worked in a wide range of capital markets positions, covering both the noninvestment grade and investment grade loan and bond markets. Luke was named managing director in 2010. Prior to joining the firm, Luke worked for Société Générale and Hambros Bank in London. Luke earned an MBA from Columbia Business School, an MSc (Hons) in Economics from the London School of Economics and a BA (Hons) in History from the University of Bristol.
Tatjana came to Muzinich from Metlife Investments, where she served as an Associate Director of the High Return Unit. Earlier in her career, she worked as a Senior Portfolio Manager in European High Yield for Fortis Investments, and as a Portfolio Manager and Credit Analyst at Legal & General Investment Management. She began her career as a high yield telecom analyst with Merrill Lynch. Tatjana has a PhD from the London School of Economics and Political Science, a Masters from the Kiel Institute of World Economics in Germany, and an MSc/BS in Economics from the University of Vienna.
Associate Editor, Chief Financial Correspondent
Francesco has worked in London, Brussels, Asia and the US. After graduating from City University in London with a first-class degree in journalism and economics, Francesco worked for Building Magazine and AFX News before joining the business section of the Independent. He subsequently joined the Financial Times where he worked for nearly 10 years, serving as the paper’s European correspondent in Brussels, Asia financial correspondent in Hong Kong, and as business and finance editor in New York, where he covered the financial crisis of 2008-2009.
Deputy Director General, DG Market Operations
Cornelia is Deputy Director General in in the Directorate General Market Operations of the European Central Bank in Frankfurt after having held the position of Principal Adviser in the same business area since 2012. In this function, she is responsible for a range of issues related to the operational framework of the Eurosystem, including counterparty and collateral frameworks as well as liquidity management. Prior to this, she was Head of the Financial Research Division of the European Central Bank. Her own academic research focuses on the design of central banks’ operational frameworks, money markets, micro- and macroprudential regulation of the financial sector, and the economics of payments.
Cornelia graduated with a PhD in Economics from Pompeu Fabra University, Barcelona.
Jake is a high yield and leveraged finance partner in Allen & Overy’s London office. He has extensive experience representing leading investment banks, private equity firms and corporations, with a focus on transactions involving high yield debt securities, syndicated leveraged loans, equity offerings and out-of-court debt restructurings, including debt exchange and debt tender offers. Jake works on both the high yield bond and loan sides of leveraged acquisition financings.
Managing Director-Global Head of High Yield Capital Markets, Crédit Agricole
Youssef is Managing Director-Global Head of High Yield Capital Markets at Crédit Agricole CIB. In this role, he oversees the origination, structuring and execution of high yield bond issues for Crédit Agricole CIB’s clients located around the world.
Youssef joined Crédit Agricole CIB in August 2009 from BNP Paribas where he was Head of European High Yield Capital Markets and Deputy Head of European Leveraged Finance. He was responsible for expanding the European high yield franchise and also led the merger and integration of the high yield platform into the broader pan-European leveraged finance business. Prior to BNP Paribas, he worked at Deutsche Bank and Bankers Trust.
Youssef brings with him 30 years of Investment Banking, Leveraged Finance and Debt Capital Markets experience
He has an MBA from Harvard Business School, an MA from the Fletcher School of Law and Diplomacy, and a BA from Tufts University.
Head of High Yield Syndicate Europe
Christian is Head of High Yield Syndicate Europe at BBVA Corporate & Investment Banking. He joined BBVA in 2014 as a Managing Director of the London bond syndicate, with primary responsibility for European high yield new issue markets. Before joining BBVA, he spent 18 years at RBS, HSBC and HVB. His roles in teams in London, Munich, New York and Frankfurt focused on origination and syndication of high yield bonds, leveraged loans, private placements and corporate loans for international corporates. Christian graduated from the Business School of Finance and Management (HfB) in Frankfurt, Germany, and attended the School of Management and the School of Law at the Pontificia Universidad Católica de Chile, Santiago.
Simon was appointed Chief Executive of AFME in October 2010. Previously Simon was Director of Communications and the Prime Minister’s Official Spokesman at 10 Downing Street. He has held a number of senior corporate roles including Director of Corporate Affairs at Vodafone, Centrica and NatWest. Simon was appointed as the first Communications Secretary to The Queen in 1998.
Simon has a degree from Oxford University in Philosophy, Politics and Economics. He also holds an M.A. in Political Science from the University of California at Berkeley as a Fulbright scholar. He is a Visiting Professor at the Cardiff School of Journalism. Simon is a member of the Chatham House North American Advisory Council, as well as a member of the Academy’s Advisory Board and Chairman of the Governing Council of University College School (UCS) in Hampstead, North London. Simon is a Patron and former Chairman of the Fulbright Commission.
Simon was appointed an OBE in the 2014 New Year Honours List for public service and services to international education through the Fulbright Commission. He was made an Honorary Fellow of the Chartered Institute of Public Relations (CIPR) in 2016.
Tony drives DLA Piper’s international high yield practice from London. He has extensive experience in leveraged finance and high yield capital markets, having represented corporate clients, sponsors and investment banks in public and private transactions in more than 35 countries around the world. He was named as a ‘Leading individual’ in High Yield by Legal 500 UK 2016. Tony earned his Juris Doctor from Yale Law School in 1996, after time working in other fields, including eight years of service in the US Air Force.
Head of European Credit Strategy
Hans is a Managing Director and head of the highly-ranked European IG Credit Products Strategy team based in London. He has worked in Credit Strategy for the past 12 years and specialises in flow credit products and relative value. His recommendations appear in publications such as the European Credit Weekly.
Hans joined Citi in 2007 from BNP Paribas, having previously worked for ABN AMRO in London. Prior to that he worked at the Danish Central Bank and the Danish Ministry of Finance. Hans has a Masters degree in Economics from the University of Copenhagen and a Masters degree in European Political Integration from the LSE.
Chief Financial Officer
Vincent is Chief Financial Officer for the new SYNLAB Corporation, formed through the combination of Labco and SYNLAB. He joined Labco in 2011 as Group CFO and successfully led the transformation of the company and the divestment process, which resulted in its sale to Cinven in July 2015.
Before this, Vincent spent close to 15 years at the Valeo Group – initially as Head of Strategy and M&A, and then CFO. In the mid-1990s, he was in charge of telecoms within the investment bank arm of BNP Paribas.
Vincent started his career in the France Telecom Group in 1985, where he held several business development and general management positions in the international operations of the group.
A French national, Vincent is a graduate of Ecole Polytechnique and Ecole Nationale des Télécommunications in Paris. He holds an MBA from INSEAD.
Managing Director, Restructuring and Distressed Financing,
Sarah is a member of the European Restructuring Group. She joined Goldman Sachs in 2006 as an executive director in the Structured Finance Group and joined the European Restructuring Group when it was established later that year. Sarah was named managing director in 2012.
Prior to joining the firm, Sarah was a lawyer in private practice, specialising in structured finance and derivatives transactions at the international law firm Freshfields Bruckhaus Deringer in London, Paris and Tokyo.
Sarah earned a BA (Hons) in Pure Mathematics from The University of Liverpool. She earned her legal qualifications at Manchester Metropolitan University.
Managing Director, Head of Leveraged Finance, EMEA
Michael is a Managing Director and Head of Leveraged Finance, EMEA at Barclays. Based in London, he is responsible for the origination and structuring of leveraged loans and high yield bonds. Michael is Chairman of the IBD EMEA Credit Committee and a member of the Firm’s Operating Committee. Prior to taking up his current position in August 2013, he was Co-head of Leverage Finance and Head of EMEA Leveraged Finance Capital Markets.
Michael joined Barclays Capital from Lehman Brothers in September 2008, where he was most recently a Managing Director in Leveraged Capital Markets. During his career at Lehman Brothers, Michael specialised in the origination, structuring and distribution of highly structured financing solutions and provided advice to major private equity sponsors as well as corporations in a variety of industries. Prior to joining Lehman Brothers in 2001, he worked at Bank of America Securities in Leveraged Finance.
Michael received a BA in Finance from Pennsylvania State University and an MBA from the University of Chicago Booth School of Business.
Co-Head of EMEA Leveraged Finance and Head of EMEA Loans
Chris is a Managing Director and Co-Head of Bank of America Merrill Lynch’s European Leverage Finance business. He started his career at one of J.P. Morgan’s predecessors, Chase Manhattan Bank, in 1995 as an analyst in the Corporate Finance group, where he worked on leveraged buyouts and debt financings for Financial Sponsors and Corporate clients. Chris relocated from New York to London in 1998 to help build J.P. Morgan’s European High Yield business. In late 2000, he joined the TMT group, where he focused on financing and restructuring advisory for European emerging telecommunications operators. In 2002, he joined J.P. Morgan’s Leveraged Capital Markets & Syndicate desk. In 2015, Chris joined Bank of America Merrill Lynch and will be working with the firm’s issuer and investor clients across Europe. He has a BA in economics from Dartmouth College.
Kevin is one of the leading high yield lawyers in Europe and has extensive experience advising underwriters, financial sponsors and companies. He has led award-winning teams, including Finance Team of the Year in 2014 and High Yield Team of the Year in 2013. Kevin is recognised as a leading lawyer for high yield in Chambers (Band 1).
Assitant Professor of Law
Sarah is Assistant Professor of Law at the London School of Economics and Political Science, where she teaches and researches corporate insolvency and restructuring law. Before joining the LSE, she was a partner in the Restructuring and Insolvency Group of Slaughter and May, with whom she retains a senior consultancy.
She has written widely on the topic of debt restructuring, including on bargaining in the shadow of English restructuring law; the implications for debt restructuring of increasing access to the high yield market by UK issuers; the effect of changes in the finance market for debt restructuring theory; and re-evaluating agency theory in distress in the light of the increased frequency of equity allocations to directors in debt restructuring transactions. Her recent work focuses on how fairness is assessed in large, small and finance company restructurings.
Sarah is a member of the Council of the Insolvency Lawyers’ Association, the technical committee of the Insolvency Lawyers’ Association, Chair of the Insolvency Lawyers’ Association Insolvency and Restructuring Scholarship Committee, and a member of the General Technical Committee of R3.
CEO and Managing Director Europe
John is the CEO and Managing Director of the European operations of LKQ Corporation: the leading distributor of after-market auto parts in Europe and collision-related alternative auto parts in North America. From 2009-2015, John served as LKQ’s CFO.
Before joining LKQ, John was CFO of Casella Waste Systems, and held various financial roles with Allied Waste, Waste Management International and Waste Management Inc. in Canada, the US and Europe. He began his career in Ford’s glass division finance department.
A Canadian national, John is a graduate of the University of Toronto. He holds an MBA from the Schulich School of Business – York University and is a CMA/CPA.
Head of Global High Yield
Martin is Head of Global High Yield at Legal & General Investment Management, where he has worked for five years. He runs a 15-person team based across London, Chicago and Hong Kong. Prior to joining Legal & General Investment Management, Martin worked at AllianceBernstein and UBKAM. Martin sits on the AFME High Yield board and qualified as a chartered accountant with Ernst & Young. He holds an MA in Economics from Cambridge University, St Catharine’s College.
Partner, Head of Credit Strategy
David joined BlueBay Asset Management in 2013 as Head of Credit Strategy within the Chief Investment Office. He advises on macro themes and their market implications, drawing on more than 20 years’ experience of applied macroeconomic, policy and credit experience, and his membership of the Investment Committee. As a member of the Asset Allocation Committee, he shares responsibility for tactical asset allocation across BlueBay’s suite of multi-asset credit funds. David was previously global head of Fitch’s Sovereign and Supranational Group. Before that, he served as an economist at UBS and at HM Treasury, where he advised on international economic and debt issues.
Executive Director and the Head of European Credit Strategy
Srikanth is the Executive Director and the Head of European Credit Strategy at Morgan Stanley. The credit strategy team is responsible formulating published Research views on global credit markets, and marketing it to the firm’s clients. Asset classes covered by Sri and his team include European IG credit, HY, corporate hybrids, and ABS. Their views are informed by analytical frameworks that combine key macro themes, top down fundamental analysis, and market technicals. Srikanth joined Morgan Stanley in 2010 from UBS, where he held roles in European ABS Research and Trading.
Managing Director, High Yield and Prime Services
Gary is the Managing Director of the AFME High Yield division, for which he leads AFME’s efforts to lower costs and increase efficiency in the execution of high-yield transactions, and lobbies for the reform of corporate insolvency laws. He also heads the AFME Prime Services division, which monitors business, legal and regulatory issues affecting the prime brokerage industry, and provides advocacy for member positions.
Gary is a New York-qualified lawyer and was previously a senior associate at Cleary, Gottlieb, Steen & Hamilton. After an initial period in New York, Gary spent several years in London, Gaining extensive experience in cross border and emerging markets debt transactions, particularly high-yield bond issuances and leveraged loans. He has a Juris Doctor from Rutgers University School of Law (with honors) and a Bachelor of Arts (with highest honors) from Rutgers University. Following law school, Gary was a law clerk to the Honorable William H. Walls of the United States
Federal District Court, District of New Jersey.
Partner, High Yield Portfolio Manager
Mikkel is a Partner and High Yield portfolio manager at Rogge Global Partners. Additional responsibilities include developing and implementing of ESG investment process as well as proprietary quantitative and qualitative High Yield corporate structure and covenant scoring tool.
Prior to joining Rogge Global Partners, Mikkel worked at the Danish law firm Bech-Bruun on capital structure optimization, M&A as well as debt and equity capital market offerings. Mikkel holds a BA and an MA from the University of Copenhagen, Denmark, and an LLM from King’s College, University of London, UK, focusing on finance and industrial organization. Mikkel was admitted to the Danish bar in 2011.
Senior Director and Head of Corporate Research
Paul is a Senior Director and Head of Corporate Research for S&P Global Ratings, Corporate Ratings in Europe. He represents the corporate group on S&P’s Credit Conditions Committee and is a global coordinator in the Portfolio Analytics Team. He is responsible for the European leveraged finance default studies and is the joint author of S&P ’s quarterly European Corporate Credit Outlook. Prior to his current role Paul has held various senior roles within S&P Global Ratings Leveraged Finance Group since joining S&P in January 2002, that included being a primary analyst for a portfolio of high yield credits in the metals and mining, chemicals and oil and gas sectors. Previous to S&P Global Ratings Paul spent almost fifteen years working in debt capital markets in various senior trading and research roles with both Lehman Brothers and Nomura International. Paul read Economics at St Catharine’s College, Cambridge and is a CFA charterholder and a Fellow of the Association of Corporate Treasurers in the UK.
Brad practices corporate law with a focus on leveraged finance (primarily high yield bonds and high yield bridge lending) and emerging markets transactions. He has represented private equity, investment banking and corporate clients in high yield bond offerings, acquisition financings, initial public offerings and rights offers. He also advises corporate clients concerning ongoing compliance with high yield bond indentures and reporting obligations.
Prior to joining Latham & Watkins, Brad was a manager at D.E. Shaw & Co. – a specialised investment firm focused on computerbased quantitative investment management.
Andrew is a Partner in the European Restructuring team at Weil, Gotshal & Manges. He has over 30 years’ restructuring experience as a lawyer, and then as a banker. Before joining Weil, Andrew was European Head and co-Head of Restructuring at Goldman Sachs.
Andrew’s experience includes many significant public, creditor and private company restructurings across Europe. He has represented debtors on major restructurings, as well as working on securitisations and structured deals, and financial institution restructurings and insolvencies. He has also advised government bodies and financial institutions. Andrew pioneered the use of schemes of arrangement for high yield bond restructurings in Europe.