CAIA France 6th Annual Credit Event : Looking at Credit a Year into the Covid Crisis !
CAIA France 6th Annual Credit Event :
Looking at Credit a Year into the Covid Crisis !
Wednesday, March 31th, 2021
From 16:00 to 17:00 CET
Register on line
In March 2020, this panel had to be abruptly canceled because of the Paris lockdown. A year later, the same credit experts are meeting to share their insights on the space in the wake of the COVID crisis.
Exploring public and private credit (HY, corporate senior secured, mezzanine) from the Eurocentric allocator lens, we will discuss the current investment environment, credit quality trends, and the behavior of asset classes in the past 12 months.
Agenda
16:00 - Introductions
16:05 - Current Investment Environment
16:20 - Current Level of Risk
16:35 - Looking forward: Public vs Private Credit
16:50 - Q&A
17:00 - End
Moderator
Laurent Bademian, CAIA France Chapter Head
Senior Investment Manager and CIO Alternative Investments at Orano
Laurent Bademian, CAIA, CFA Laurent Bademian is Senior Investment Manager and Alternative Investments CIO at the industrial group Orano since 2012. He has designed and implemented investment programs in relation to the financing of long term liabilities since 2002. From 2002 to 2012, he worked as a holding company financial analyst at the industrial consortium EURODIF (Orano Group – formerly AREVA Group) focusing on investment management, corporate finance and international litigation. Laurent earned a Bachelor’s degree in finance from Paris IX Dauphine University (France) in 1997 and a MBA in Finance from Baruch College, Zicklin School of Business (City University of New York) in 1999. He has earned the Chartered Financial Analyst (CFA) designation and is a member of the CAIA Association since 2008.
Panelists
Raphael Chemla
Deputy Head Corporate Debt at Edmond de Rothschild Asset Management
Raphaël Chemla started his career at UAL in 1995 where he was a bond trader and in 1997 he joined AXA Investment Management where he was an assistant fund manager. He joined Edmond de Rothschild Asset Management in 2000 where he was a credit fund manager before joining Edmond de Rothschild Investment Management where he is currently a bond fund manager and analyst. Raphaël has over 15 years of investment experience.
Philippe Dutheil
Partner at Siparex Intermezzo
Philippe Dutheil is a Partner of Siparex, dedicated to the Mezzanine department “Intermezzo”. Siparex is a French private equity fund management company with +2.3 billions EUR AUM, focused on growth and LBO transactions in the French smallcap and lower midcap market. Philippe joined Siparex in 2015 in order to develop the mezzanine activity, which currently represents 250 million EUR AUM. Previously between 2010 and 2015, Philippe was a Director of Bpifrance Croissance Mezzanine, a 300 million EUR mezzanine fund managed by the French “sovereign” bank Bpifrance and aiming at financing SMEs with growth and recovery opportunities. Philippe started his career in 2002 at HSBC France (credit risk and leveraged finance departments). Philippe is graduated from Paris Dauphine University and ESCP Europe.
Florent Egonneau
Associate Vice President - Analyst at Moody’s
Florent Egonneau is a lead analyst in Moody’s Corporate Finance Group, based in Paris. He currently covers a portfolio of European High Yield and Leveraged companies operating in the Gaming, Equipment Rental and Business & Consumer Services industries. He joined Moody’s in March 2019. Prior to Moody’s, Florent was Head of Credit Trading at Millennium Europe in London where he covered a portfolio of High Yield issuers. Proceeding this, he worked for the High Yield Credit Trading team at BNP Paribas in London as the lead analyst for Gaming, Laboratories and Business Services industries. Florent holds a Master’s degree in Market Finance from Rennes Business School in France.
Julien Paycha
Head of Senior Corporate Private Debt Funds at Amundi Asset Management
Julien Paycha joined Amundi AM in October 2012 as Head of the Corporate Private Debt franchise. Julien was previously an Associate Director with GE Asset Management in Private Equity. From 2005 to 2008, Julien was an Associate Director with Calyon Loan Syndication Department, with a focus on originating transactions in France and Italy. Julien started his career as a Credit Risk Analyst with Credit Agricole Indosuez in 2001. Julien graduated from HEC in 1999 and holds a master degree from EHESS in economics. He is a CFA charterholder.
