Opportunities in Private Credit, Private Debt and Direct Lending for 2021
This panel brings together investment professionals to discuss Real Estate investment opportunities, particularly for private credit, private debt, and direct lending. Join us to learn more about the state of the Real Estate investment market, post-election environment, credit risk issues, and investment considerations. Topics include:
- Real estate market outlook
- Role of direct lending
- Credit risk during Covid-19 and beyond
- Managing risk-return relationship
- Investment opportunities
Event Recording
War for Yield
Speakers
Eduardo Alves
- Title
- Director, Credit Risk Solutions @
- Company
- S&P Global Market Intelligence
- Role
- Moderator
Eduardo Alves is a Director and an analytical leader in the Credit Risk Solutions group of S&P Global Market Intelligence. He collaborates with financial institutions of varying sizes and specialties in the design and implementation of risk management solutions. Eduardo has an outstanding record of realizing client objectives through high-quality engagements in the areas of credit risk methodologies, internal risk rating systems, model validation, stress testing, and CECL. Prior to S&P Global Market Intelligence, Eduardo worked at Promontory Financial Group, Mizuho Bank, and the World Bank. He holds an MS in Economics from the University of Essex and a BA in International Affairs and Economics from The George Washington University.
Jordan Suppan
- Title
- Managing Director @
- Company
- Leste
- Role
- Panelist
Jordan Suppan is a Managing Director at Leste focusing on originating and executing structured real estate credit investments. Mr. Suppan also serves as Managing Partner of Lendmarq, which was recently acquired by Leste. Lendmarq is a credit platform focused on deploying capital in the residential transitional loan space as well as small balance commercial real estate loans. Mr. Suppan has over 12 years of real estate and structured finance experience, having worked Fortress Investment Group's industrial platform, Florida East Coast Industries, Wellington Management and JP Morgan's large loan CMBS team, in addition to having started several real estate entrepreneurial ventures. He graduated magna cum laude from Babson College.
Mark Fitzpatrick
- Title
- Managing Partner @
- Company
- Glide Capital
- Role
- Panelist
Mark Fitzpatrick has over 20 years experience working with family offices and wealth management firms to build portfolios within alternative strategies. Mark is a co-founder of Glide Capital, which was created in 2015 to assist family offices and wealth managers to more efficiently build portfolios within private credit and other alternative strategies.
Mark is a key member of the Investment Committee, oversees the operations and legal departments and is responsible for developing strategic relationships for the firm. Mark is a CFA charterholder.
Rob Jafek
- Title
- Founder @
- Company
- Boomerang Capital
- Role
- Panelist
Rob has been involved in all phases of Boomerang’s development since its inception and oversees its operations. He previously held various principal investing roles including Head of International Trading for Nicholas Applegate Capital Management and Analyst at Tiger Management. He has founded and managed two alternative investment firms: Plumeria Advisors and Torrey Pines Capital Management. He started his career as an investment banking Analyst at Morgan Stanley. He received a BA in Finance from The University of Utah and a Masters in Innovation and Entrepreneurship from HEC Paris. He is a contributing member to Forbes.com and a member of the Forbes Real Estate Council and teaches business as an Adjunct Professor at the UC Berkeley School of Law.
Bill Bymel
- Title
- Managing Partner
- Role
- Panelist
With over two decades of experience in real estate, Bill Bymel has become known as a pioneer in the distressed debt space by creating a new paradigm for dealing with delinquent borrowers on residential real estate. His strategies and experiences personally overseeing the resolution of $250 million of NPL since 2009 are illustrated in Bill’s book WIN WIN REVOLUTION. Bill spent the last decade as a Senior Director, Signatory at Spurs Capital, a leading mortgage investment firm based in New York City. He recently founded First Lien Capital LP with a focus on NPL opportunities in both residential and small balance commercial real estate. As a Partner in Retail Sites International, a 40-year-old commercial real estate advisory firm based in South Florida, Bill’s clients included McDonalds, BJ’s Brewhouse, Darden Restaurants, and Family Dollar Stores. RSI Asset Management, founded in 2009, acts as a third-party asset and property manager for private equity funds or family offices that invest in Florida. He is a graduate of New York University, currently residing in Beverly Hills, California.
About
S&P Global Market Intelligence
Boomerang Capital
Boomerang Finance, LLC (the “Fund”) has an investment objective of providing income with limited variability in returns. This is accomplished by providing short-term, business-purpose loans secured by real estate in a first lien position with the additional protections of a personal guarantee from borrowers and cross collateralization. All loans are self-originated, and risk managed through careful underwriting, thoughtful portfolio construction and consistent servicing. The majority of borrowers are return clients. Exposure is broad-based, and the Fund is structured as a REIT.
Glide Capital
Glide partners with wealth advisors, family offices and institutional investors to build a customized portfolio, based on the specific objectives of their firm. Glide eliminates the significant financial and time commitment normally required to build a diversified portfolio by providing our clients with manager souring, due diligence, technology, research and a unique structure that allows firms to efficiently manage portfolios through their custodian. Glide has an experienced investment team which has reviewed over 600 private credit managers. Our goal is to provide the wealth managers with a best in class private credit offering which allows them to build better portfolios in an efficient manner. Glide Capital is SEC registered and has over $500 million in assets under management. Glide works with both US and international wealth management firms.
Leste
Leste is an investment platform founded in 2014 by senior executives with robust experience in financial markets, corporations, real estate companies and law firms.Leste has offices in Miami, London, Rio de Janeiro and São Paulo.