Tom Sargeant, Managing Director at Bain Capital
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Tom Sargeant


Managing Director
Bain Capital

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Day 2

Friday, March 9th, 2018


16:20 FIRE SIDE CHAT: Assessing how recent changes in Europe’s debt market are impacting private equity portfolios and future deal opportunities

1. The world of Alternative Credit is rich with terminology. How should we define the space?
2. What is the picture of the flow of capital and how are the terms for debt financing changing?
3. Private Debt: Why is Europe’s direct lending market growing? Is Europe following the US? Are these trends happening elsewhere in the world? Is there enough deal supply to support the growing number of debt funds? What should one watch out for in terms of a bubble in Private Debt?
4. CLOs:What is the role of CLOs in this market? and they appear to be highly complex. Are they relevant to investors and if so, why?
5. Investor considerations and concerns: How should a large LP and a small LP think about portfolio construction in Debt vs. Equity managers? and How should an investor think about being compensated for taking different risks such as asset class, credit quality, geography or liquidity?
6. Prediction for where credit is going? Great white hope or great white elephant?