Turnaround professionals from across Europe will be gathering in London later this year for a leading industry event focusing on distressed investing.
TMA Europe is holding its third distressed investing conference on Tuesday, 23 September with leading restructuring experts being lined up to deliberate distressed loan portfolio divestment opportunities and risks.
Lively debates are promised with two panels exploring key issues including pricing, valuations, workouts and pressures.
There will be a keynote speech by David Barlow of Ernst & Young on Asset Quality Review Implications for the Market, andGreg Fine, CEO of TMA Global, will also be addressing the conference.
Lukas Fecker, of Ernst & Young Luxemburg, and a member of TMA Europe’s board, is one of the panellists who will be exploring sell side issues in the context of banks deleveraging their balance sheets, and workout of distressed and underperforming loans internally being moved to funds by sell-off debt portfolios.
He said: „We will be looking at who is selling and what are they selling? How are debts being packaged and how is the sale process conducted, and what are the implications for turnaround and restructuring professionals. We will also be discussing whether the Asset Quality Review required by the European Union will accelerate this process and whether this will add transparency to what has been a sometimes opaque and subjective process of valuation.“
Other panellists confirmed so far include John Willcock of Global Turnaround, Mathieu Roland-Billecart of Ernst & Young and Susan Kelly of Squire Patton Boggs.
There will be a second panel debate looking at buy side topics as well as plenty of networking opportunities to enable delegates to catch up with colleagues from across the continent.
Mr Fecker said: „Understanding what is becoming the ‚new normal‘ in restructuring will be fundamental to the turnaround business in the coming months and years so take this opportunity to add to your knowledge from some of the main players in the market.“
The conference is being held at Ernst & Young, 1 More London Place, from 4pm until 8pm. For more information or to book online see www.tma-europe.org