Kevin Foley

Kevin Foley, Global head of Capital Markets at J.P. Morgan, shares insights from the 30th Global Leveraged Finance Conference. They discuss the evolution of the conference, touching on the remarkable growth of high-yield bonds and leveraged loans. Foley highlights cautious optimism in the market amid tariff uncertainties and inflation worries. He also notes a resurgence in M&A activity, alongside J.P. Morgan's increased commitment to direct lending aimed at providing flexible financing solutions, reflecting a promising outlook for the financial landscape.

Tarek Hamid, head of North American credit research & strategy who analyzes geopolitics, energy and AI impacts on credit. Kevin Foley, global head of capital markets who runs issuance and market strategy. They discuss how Middle East conflict and oil swings feed into rates and spreads. They explore which industries AI may reshape, market appetite for new supply, and M&A’s role in 2026 issuance.

In this engaging discussion, Kevin Foley, the Global Head of Capital Markets at J.P. Morgan, shares expert insights on surprising market trends from 2024 and what to expect in 2025. He delves into refinancing trends, the impact of the U.S. election, and the evolving landscape of M&A and IPO activities, highlighting cautious optimism driven by economic resilience. Foley also examines the complex interplay of fiscal and monetary policies amid inflationary pressures, while cautioning about global capital risks and geopolitical developments that shape the market's future.